Bitwise CEO: Its ETFs have exceeded $300 million in trading volume for two consecutive days

[Main password: Binance BTC contract main player executed a limit order worth $80.5 million] Large-scale fund hedging emerged suddenly, intensifying market sentiment; upcoming moves remain uncertain.

TS Lombard pointed out that although both the United States and the United Kingdom can alleviate long-term supply pressures by shortening debt maturities, their fiscal environments are different. The average maturity of UK government debt is about 14 years, and fiscal policy tends to be more consolidated with lower interest rates. The refinancing risks brought about by shortening the maturity are relatively controllable. The average debt maturity in the United States is relatively short, fiscal policy tends to be expansionary, and financing demand is high. TS Lombard expects the Federal Reserve to raise interest rates higher than market pricing in the next 12 months. The migration of financing to the short end exposes government interest expenditures to high policy interest rates, shortening the term increases the sensitivity of the government to short end interest rates, and narrows the space for policy makers to lower long-term bond yields and control interest expenditures.

US President Trump named Hyperliquid at the White House Crypto and Fintech Leaders' Meeting on August 20th and stated that CFTC Chairman Mike Selig is pushing for Hyperliquid to enter the US market in a fully compliant and legal manner.

[A certain whale or institution sold 871,000 HYPE worth $64.82 million through FalconX] According to monitoring by Lookonchain, in the past 6 hours, a whale or institution cumulatively sold 871,000 HYPE worth approximately $64.82 million through FalconX.

From May 19th to August 21st, the Coinbase Bitcoin Premium Index remained in the negative premium range for 95 consecutive days, breaking the record for the longest consecutive negative premium since its launch. This record exceeds the 40 day period from January 16th to February 24th this year, as well as the 30 day period during last year's 1011 crash. The Coinbase Bitcoin Premium Index measures the price difference between Coinbase Pro and Binance, and a sustained negative index reflects weak buying or high selling pressure in the US market.