The largest on-chain HYPE long holder currently boasts an unrealized profit of over $56.5 million, and has paid $5.03 million in funding fees.

QCP Capital’s market commentary notes that Bitcoin posted its strongest weekly performance since March 2024 last week, surging over 20% and hitting roughly $79,500 at one point. This rally coincided with sharp shifts in interest rate markets: the U.S. 30-year Treasury yield briefly neared its 2007 high of 5.3%, after which the U.S. Treasury Department announced it would raise the size of its long-end liquidity support repo operations from a maximum of $2 billion per operation to at least $4 billion starting September 9. Long-end yields pulled back in response, the U.S. dollar weakened, and Bitcoin rose in lockstep with gold. Position adjustments accelerated the initial breakout, while spot market participation continued to strengthen. U.S. spot Bitcoin and Ethereum ETFs together drew around $2.6 billion in net inflows last week, marking their strongest single-week inflow since October 2025. This week, market focus has shifted to three macro variables: PCE inflation data, NVIDIA’s earnings (a signal for the AI investment cycle), and Federal Reserve Chair Waller’s first keynote speech at Jackson Hole (a signal for the monetary policy framework). Waller will deliver his speech at 10 PM ET on Friday, while July PCE data and the second estimate of Q2 GDP will be released on Wednesday. QCP concluded that last week’s market moves were driven primarily by position adjustments and U.S. Treasury market dynamics, and whether this week’s data can offer clearer guidance on the macro backdrop will be the market’s core focus.

Mitsubishi UFJ strategist Derek Halpenny said in a report that the U.S. dollar faces downside risks ahead of remarks by Treasury Secretary Bessent and the Federal Reserve’s Jackson Hole symposium. The U.S. Treasury announced last week it would expand its long-term bond repurchase scale, and Bessent may later release details on fiscal consolidation plans. Fed Chair Wash is scheduled to deliver a speech at Jackson Hole on Friday. Halpenny noted that Wash may continue to provide limited signals about future policy, adding that if no credible fiscal consolidation measures are announced by then, the long end of the bond market could be particularly impacted.

Flop Labs announced in a post on X that it is focusing on AI agents participating in the Technocore ecosystem. These agents can create unique DID keys and earn FLOP token airdrop rewards by engaging with and promoting the Technocore ecosystem. Arthur Hayes subsequently reposted the post, stating: "Practical AI agents now have more avenues to participate in airdrops and earn FLOP tokens."

According to Israeli media reports, Iran’s state television aired a news segment detailing methods to contact US President Donald Trump’s son Barron Trump, and mentioned a $10 million bounty. The roughly three-minute report displayed locations and online platforms allegedly linked to the purported operation, while also attempting to map Barron Trump’s social circle and find ways to infiltrate the US Secret Service security system. However, the claims about the operation presented in the report rely heavily on staged visuals and provide no evidence to support the alleged plan to contact Barron Trump. The state broadcaster also released a video days ago offering advice on how to assassinate US First Lady Melania Trump. Barron Trump is Trump’s youngest son and the only child he shares with his third wife, Melania Trump.

Robinhood CEO Vlad Tenev stated in an interview with the podcast "The Iced Coffee Hour" that he uses Robinhood for personal trading, has traded cryptocurrencies for a period of time, is personally fond of crypto, and enjoys working alongside the community. He also shared his views on Bitcoin, noting that his investment portfolio is quite diversified, he holds a long-term optimistic outlook on Bitcoin, but will not make predictions such as Bitcoin’s price hitting $1 million in the future.

South Korea's top financial regulator has said it will accelerate discussions on cryptocurrency legislation and plans to roll out the country's version of the Digital Asset Basic Act this fall. According to reports, the bill is expected to establish regulatory rules covering areas including stablecoin issuance, virtual asset service provider (VASP) licensing, and Bitcoin ETFs.