Two BTC top bears increase their holdings by 585.3 BTC, bringing their total holdings to $169 million

Futures open interest climbed to $2.78 billion and traders on Binance and OKX leaned heavily long, even as social sentiment hit a three-month low.

OKX has announced the addition of PIEVERSEUSD UM (X-Perp) to multiple services, including various trading services, officially launching on 2026-08-17 at 16:45 (UTC+8). Important Notes: - PIEVERSEUSD UM (X-Perp) trading will officially open on August 17, 2026, at 16:45 (UTC+8). - X-Perp is a leveraged trading product. Users are advised to fully understand the associated risks and manage their positions responsibly.

[Goldman Sachs Believes Market Expectations for Fed Rate Hikes Are Too Hawkish, September Rate Hike Highly Unlikely] According to Jintou News, Goldman Sachs stated that market expectations for Federal Reserve rate hikes are overly aggressive. Goldman Sachs Chief Economist Jan Hatzius wrote in a report that due to weak retail sales data, disappointing employment figures, and continued easing of inflation data, the likelihood of a rate hike at the Fed's September meeting is extremely low. Goldman Sachs believes the market's pricing of the federal funds rate is too hawkish. Data shows that the market has postponed expectations for the next 25 basis point Fed rate hike to January next year.

Hyperliquid will launch the AQAv2 stablecoin revenue sharing mechanism on August 26th, with an expected annual revenue of $200 million to be used for repurchasing and destroying HYPE tokens. Circle has transferred $4.4 billion USDC to Coinbase through the AQAv2 mechanism on HyperEVM. AQAv2 allows non exclusively issued stablecoins to qualify for Align and allocate 90% of the proceeds to relevant mechanisms, followed by 100% for repurchasing and destroying HYPE tokens.

Blockstream announced that due to the suspension of Boltz's exchange service, it has launched its own Blockstream Swaps service, which is currently in beta testing.