Huadao Healthcare plans to invest up to HKD 3 billion to increase its holdings in cryptocurrency.

On August 15th, as monitored by Onchain Lens, a whale withdrew 25,600 SOL from Binance after a month. The amount withdrawn is approximately worth $4.94 million.

On August 15th, as per the report by cryptoslate, New York legislators are giving consideration to a bill that is intended to impose a tax on digital asset transactions. The proposal was put forward in the state assembly on August 13th. It is planned to implement a 0.2% consumption tax on the buying or transferring of digital assets like Bitcoin and Ethereum starting from September. According to the proposed bill, the tax revenue will be utilized to support the expansion of substance abuse prevention and intervention programs in schools across upstate New York. Those individuals or entities that facilitate these digital asset transactions will be obligated to pay this tax. If it is passed, New York will become one of the increasing number of regions that are exploring dedicated taxation on digital asset activities.

On August 15th, according to The Block, the cryptocurrency derivatives exchange Deribit (now owned by Coinbase) intends to launch linear Bitcoin and Ethereum options priced and settled in USDC on August 19th, thereby expanding its stablecoin settlement products to the two major cryptocurrencies. Deribit announced that it will also introduce Bitcoin and Ethereum futures contracts settled in USDC as a supplement to its existing USDC-settled perpetual contracts.

On August 15th, according to Chain.info, "Brother Ma" Li Cheng Huang is currently boosting his leverage by 25 times for an ETH long position and 40 times for a BTC long position. He is holding 21,900 ETH (with a nominal value of $100 million) and 50 BTC (with a nominal value of $5.9 million).

On August 15th, based on Coinglass data, if Bitcoin drops below $116,000, the cumulative long liquidation intensity of mainstream CEXs will reach $2.078 billion. Conversely, if Bitcoin exceeds $120,000, the cumulative short liquidation intensity of mainstream CEXs will reach $938 million. BlockBeats Note: The liquidation chart does not display the precise number of contracts to be liquidated or the exact value of the liquidated contracts. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows to what degree the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that level, it will trigger a stronger response due to a liquidity avalanche.