Bitcoin: $155 million long position cleared within 1 hour

[Probability of a 25 basis point rate cut by the Federal Reserve in December is 42.9%] CME 'FedWatch' data shows that the probability of the Federal Reserve cutting rates by 25 basis points in December is 42.9%, while the probability of maintaining rates unchanged is 57.1%. By January next year, the probability of the Federal Reserve cumulatively cutting rates by 25 basis points is 48.2%, maintaining rates unchanged is 35.6%, and cumulatively cutting rates by 50 basis points is 16.1%.

Bitcoin mining company Hive's stock price rose due to record second quarter revenue and AI collaboration agreement. （Decrypt）

Ethereum co-founder Vitalik Buterin stated that the operation of Ethereum is completely opposite to Sam Bankman Fried's FTX. （Decrypt）

According to AiCoin's real-time on chain monitoring, from 03:54-06:24 (UTC+8) today, the "Calm Open King" once again placed multiple BTC orders, with a total of 58 BTC and a value of $5.3 million. As of the time of writing, the value of its BTC multi position is as high as $264.2 million, with a floating loss of $1.87 million. Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a

[U.S. Digital Chamber Establishes State-Level Network to Support Crypto-Friendly Candidates] The U.S. Digital Chamber announced the establishment of a state-level network aimed at promoting the formulation of digital asset policies by state and local governments. TDC CEO Cody Carbone stated that the organization's goal is to support crypto-friendly candidates at all levels of government.