Blockbeats

Blockbeats

Tomorrow’s news rhymes on BlockBeats.

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Blockbeats
Blockbeats
"The Fed's Spokesperson" Deep Dives into Wash: Silent Management Is Not Accidental, His Understanding of Inflation Is Unique
BlockBeats news, on August 24, Nick Timiraos, a Wall Street Journal reporter known as the "Fed's mouthpiece," recently wrote that Waller's silent reform of the Federal Reserve is not accidental. He has long been a strong critic of the Fed's core communication tools introduced since 2012—the "dot plot" and the economic forecast summary. Timiraos pointed out that many on Wall Street cheered Waller because of his 15-year-old resume, seeing him as a natural inflation hawk. But meeting minutes and q
Blockbeats
Blockbeats
A certain BTC whale initiated a $15.46 million TWAP order, planning to go 40x long
BlockBeats news, on August 24, according to TradingBeats (formerly Hyperinsight) monitoring, BTC is currently reported at about $77,124. An address starting with 0x85e has shortly initiated a TWAP buy order planned to last about 48.5 hours, preparing to slowly purchase approximately 200.5 BTC. At the current price estimate, the total order size is about $15.46 million. The progress is only about 5%, with about 95% of the plan yet to be completed. This whale currently holds a total of about 73.
Blockbeats
Blockbeats
Preview: Besent will announce details of sanctions against Iran at 2 AM tomorrow, and the market may experience volatility at that time
BlockBeats news, on August 24, according to authoritative media including Reuters, U.S. Treasury Secretary Janet Yellen will announce details of sanctions against Iran at 2 PM Eastern Time, "2 AM Beijing Time tomorrow." Since the crypto market has been strengthening for several days before these sanctions on Iran, if the sanction details exceed market expectations, the stock market and crypto could experience significant volatility. Previously, Yellen wrote in the UK Financial Times that the U.
Blockbeats
Blockbeats
Bitcoin ETFs saw inflows of $1.92 billion last week, marking the largest scale in nearly 10 months
BlockBeats news, on August 24, as Bitcoin prices soared, spot Bitcoin ETFs recorded the strongest weekly inflow of funds in 10 months last week. Data shows that 13 funds listed in the US attracted a net inflow of $1.92 billion, marking the highest record since October last year. The inflow coincided with Bitcoin prices rising about 23% last week, the largest weekly gain in more than three years.
Blockbeats
Blockbeats
Zhipu's largest long position has been held for 48 days, with an unrealized loss exceeding 180%
BlockBeats news, on August 24, according to TradingBeats (formerly Hyperinsight) monitoring, a whale starting with 0xddb first went long on ZHIPU on the evening of July 6, initially buying only 100 units at an average price of $198.5, investing about $19,900. Since then, this address has continuously expanded its long position, increasing holdings to 18,300 units; the average cost of the combined position dropped to $161.3. ZHIPU is currently priced at $131.2, down 33.9% from the initial purcha
Blockbeats
Blockbeats
Goldman Sachs is bullish on Changxin: Can doubling production capacity in four years cover half of China's DRAM demand?
TL;DR Goldman Sachs gives a "Buy" rating and a 12-month target price of ¥129, with the core bets being AI demand, capacity expansion, and synergy with domestic substitution. Goldman Sachs expects Changxin's monthly production capacity to increase from 270,000 wafers in 2026 to 665,000 wafers in 2030, more than doubling in four years. By 2028, Changxin's supply may cover about 50% of China's DRAM demand, but this still depends on capital expenditure, yield ramp-up, and customer validation. HB
Blockbeats
Blockbeats
Reverse Maji appears, after a certain whale failed 14 short orders in 5 days, starts 40x Bitcoin short positions
BlockBeats news, on August 24, according to TradingBeats (formerly Hyperinsight) monitoring, a certain address shorted Bitcoin and Ethereum 14 times in the past 5 days, all resulting in losses, with a total loss of 4.56 million USD. This operation is comparable to the previously repeatedly liquidated bullish positions of the same trader. Now, this address has initiated the 15th short, opening a 40x leveraged short position of 300 BTC, valued at 23.13 million USD.
Blockbeats
Blockbeats
Stablecoin digital bank Fasset completes $68 million financing at a $1 billion valuation, led by Japan's SBI Group
BlockBeats news, on August 24, stablecoin digital bank Fasset announced the completion of a $68 million financing round led by Japan's SBI Group, with the company valued at $1 billion; combined with the $51 million financing completed in May, Fasset has raised a total of $119 million this year. Fasset co-founder and CEO Mohammad Raafi Hossain stated that the company's annualized transaction volume has exceeded $40 billion, covering 125 countries, with revenue growing approximately 6 times year
Blockbeats
Blockbeats
Strive CEO: The Bitcoin bear market has ended, the strongest bull market in history may be coming
BlockBeats news, on August 24, Strive CEO Matt Cole published a long article bullish on Bitcoin. He cited the Bitcoin/gold ratio chart, pointing out that Bitcoin has broken through both the US dollar and gold simultaneously, suggesting this signals the end of the bear market and reinforcing the view that the next cycle will be the strongest in history. Matt Cole believes that the long-term weakening of the US dollar, the rising demand for scarce assets in the AI era, and the BTC/gold ratio turn
Blockbeats
Blockbeats
Rhythm On-Chain|Trader "xm39" predicts crude oil will continue to rise, increasing position to $48 million📈📈 According to monitoring by @TradingBeats_, the trader xm39, who has been continuously tracking the US-Iran conflict, is still expanding the "long crude oil, short Nasdaq" portfolio. Since a major portfolio adjustment on August 17, they have further increased their Hyperliquid positions from approximately $17.606 million to $48.209 million, a 173.8% increase. The short Nasdaq position rose from about $10.307 million to $35.376 million, a net increase in exposure of approximately $25.529 million. Currently, there is an unrealized profit of about $195,000, with repeated portfolio adjustments during this period generating an additional profit of around $250,000. Meanwhile, their Polymarket war bet remains at a floating loss but with increased positions. xm39 currently holds 1,565,400 "Yes" shares on "The US will invade Iran before 2027," investing about $364,600, with an unrealized loss of approximately $106,300, a return rate of -29.1%, but still increasing by about 254,000 shares compared to last time.