JPMorgan Chase raises S&P 500 year-end target to 7,800 points.

An #Ethereum ICO participant "0x6A53" just deposited 0.1 $ETH to #Coinbase after 11 years of dormancy. He invested only $620 in the ICO and received 2,000 $ETH — now worth $3.83M, a 6,184x return!

Ethereum ICO participant '0x6A53' has deposited 0.1 ETH into Coinbase after 11 years of inactivity. Back during the original Ethereum ICO, he invested just $620 to acquire 2,000 ETH, which are now valued at $3.83 million, delivering an astounding 6,184x return on investment.

According to Yuqing Monitoring, a suspected Bitcoin miner has deposited 2,802 BTC (valued at $182 million) into Binance over the past two days. Over the last 20 days, the miner has made total deposits of as much as 6,494 BTC ($421 million) into Binance, at an average price of approximately $64,798.

On August 8, Iranian Foreign Minister Araghchi stated that Iran is currently negotiating with Oman on legal mechanisms, management approaches for the Strait of Hormuz, and the determination of shipping routes through the strategic waterway, with the two sides very close to reaching an agreement. However, whether the Strait of Hormuz can reopen depends on other conditions, including the U.S. making amends for its violation of the U.S.-Iran Memorandum of Understanding. Araghchi noted that a traffic separation scheme previously operated in the Strait of Hormuz, but Iran considers the original route no longer suitable for ship passage and cannot accept its continued use. A new navigation mechanism is therefore necessary, though it involves complex technical and legal issues. The two sides are currently discussing an interim navigation route. Before the finalization of the new official navigation route, an interim shipping lane will be established first to serve as the basis for the future formal route. On this matter, the military departments of Iran and Oman have already held consultations based on existing nautical charts. Once the relevant negotiations are completed and a final conclusion is reached, the new navigation route will be confirmed.

Hardware wallet vendor Ledger has issued a security alert regarding the BIP-110 Bitcoin fork, stating that BIP-110 is a Bitcoin soft fork scheme lacking built-in replay protection. If a separate chain is formed, BTC holders may receive an equivalent amount of corresponding assets on the new chain, though transactions signed by both chains may be accepted initially. If users attempt to transfer or sell assets on the BIP-110 chain, the relevant transactions could be "replayed" to the Bitcoin main chain, resulting in the simultaneous withdrawal of the corresponding BTC. Ledger noted that its devices can technically sign such transactions, but advises users not to claim or handle BIP-110 fork coins until replay protection mechanisms are added.

Following two consecutive days of sharp rebounds in SpaceX’s stock price in the latter half of this week, investors who had previously bet on a price drop are under heavy pressure. Over 250 million SpaceX shares remain sold short, equivalent to roughly 16% of its currently tradable stock. If the stock price rises rapidly, forced short covering could drive further gains. Meanwhile, trading in SpaceX’s options market has also seen unusual activity. As of 1:50 PM ET on Friday, SpaceX’s options volume hit 2.24 million contracts, with call option volume reaching 1.3 million contracts – a record high, indicating capital is flowing back in. However, the sharp stock rebound does not mean market concerns over SpaceX’s high valuation have faded. As the supply shock from lock-up expirations is gradually absorbed, investors still face a core question: before SpaceX fully delivers on the potential of its AI, satellite internet, and aerospace businesses, will the market continue to assign such a high valuation to it?