Bitwise: 15 large institutions increase holdings during Bitcoin price decline

US President Trump has stated that he will appoint a new super intelligent tsar in the next three to four days, with Jay Clayton as a potential candidate (source: Axios).

The PCE price index for August in the United States will be released tonight at 20:30. The market expects the overall PCE to increase by 0.4% month on month and 3.7% year-on-year, while the core PCE is expected to increase by 0.3% month on month and 3.3% year-on-year. Federal Reserve Governor Barr believes that tariffs and the Iran conflict have caused inflation to deviate from the 2% target, and interest rate hikes may still be necessary in the future; New York Fed President Williams predicts that another rate hike may be needed within the year.

Quit monitoring shows that the Payment Processor V2 vulnerability attack is still ongoing, and users need to immediately revoke the relevant authorization to prevent risks. A certain address lost 0.15246 WETH after accepting the quote, and the attacker paid 99% of the funds as a tip to Titan Builder, retaining only about 0.0015 ETH. Quit suggests that OpenSea check and require users to revoke risk authorization before accepting quotes or transferring NFTs.

CryptoQuant research director Julio Moreno stated that Bitcoin's closing price last week was above the 365 day moving average, confirming the start of a new bull market. Bitcoin's upward momentum weakened after hitting a high of $87400, and the unrealized profit margin on the chain for short-term traders rose to 33%, the highest level since December 2024. (Source: The Block)

Quant Network founder wallet 0x48E... a170 transferred 25800 QNTs worth $6.97 million to a new wallet after 7 years of silence. The wallet still holds 600000 QNTs worth $160.39 million.