Arthur Hayes suggested in an interview with Altcoin Daily that US President Trump veto the CLARITY Act, stating that it is only a tool for VC and compliance giants to exclude competition. Arthur Hayes stated that the core variables in the cryptocurrency market are fiat liquidity and Federal Reserve money printing. Arthur Hayes predicts that BTC will hit $126000 by the end of the year, and if it falls to $35000, it will be a good opportunity to buy bottom. After the liquidity release exceeds $120000, it will rush to $500000. Arthur Hayes is also bullish on ETH, believing that under the assumption of BTC reaching $200000, the target range for ETH is between $20000 and $30000.

According to AI, an on chain analyst, the largest short seller of LIT on Hyperliquid added $2.5 million in margin today, resulting in a floating loss of $5.605 million. The short holder holds 2.528 million short positions in LIT, with an average opening price of $1.3. Due to the price increase after the launch of LIT on Upbit, the short holder added margin to reduce liquidation risk. Currently, the single coin margin is $7.16 million, and the liquidation price is $5.78.

The People's Bank of China will conduct overnight reverse repo operations from August 27th to September 1st, using fixed interest rates and quantity bidding, with a daily operation volume not exceeding 600 billion yuan.

According to the exchange rate tracking website Bonbast, on Monday in the unofficial Iranian market, the exchange rate of 1 US dollar to Rial fell to 2.039 million, and the Iranian Rial exchange rate hit a historic low.

According to a report by First Financial, HSBC Hong Kong and some Chinese banks' Hong Kong branches have recently initiated a funding source declaration process for long-term inactive mainland investment clients, and set time nodes such as August 20th and September 12th. An HSBC spokesperson stated that the bank complies with relevant regulatory requirements and invites relevant mainland investors to provide self declarations to confirm that KYC and customer due diligence information is up-to-date and valid. The above measures are based on the notice issued by the Hong Kong Monetary Authority on May 22.