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According to monitoring by Dongcha Beating, Kimi's pre-IPO shares are being snapped up in the primary market. ChinaVenture interviewed several financial advisors and old-share intermediaries and found

Kimi Pre-IPO Shares So Hot: Quotas Sell Out in Seconds, Authenticity Overlooked

HTX Creation Challenge — Post and Win 1,500UPost To Earn Bonus Top Economist: Bitcoin Not Safe Haven Robin Brooks is once again challenging Bitcoin’s credentials as a safe-haven asset. He has argued t

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Top Economist: Bitcoin Not Safe Haven
Robin Brooks is once again challenging Bitcoin’s credentials as a safe-haven asset. He has argued that its performance during the so-called “debasement trade” shows that it has failed to behave like digital gold.
The senior fellow at the Brookings Institution said Bitcoin “isn't part of the debasement trade.” According to Brooks, Bitcoin has “consistently underperformed precious metals” during this period, undermining the argument that it serves as a reliable hedge against currency debasement.
“The lesson is that bitcoin is NOT a safe haven or store of value the way gold is,” Brooks wrote on X. He acknowledged that safe-haven status is ultimately a matter of perception, but argued that recent price action provides evidence supporting his view.
Brooks has been a longtime critic of Bitcoin. In March 2023, he described $BTC as a “bubble asset” that could collapse when the Federal Reserve became serious about raising interest rates, arguing that it offered “zero store of value function” and “zero diversification benefit.”
Later that year, Brooks called Bitcoin a “pointless asset,” arguing that its rallies were largely driven by changing expectations for Federal Reserve policy. He likened $BTC to “just another futures contract on the Fed” and suggested investors would be better off trading Fed futures directly.
Still a safe haven?
Bitwise head of alpha strategies Jeff Park pushed back on the idea that Bitcoin’s behavior means it cannot benefit from the debasement trade.
Park argued that the key point is that Bitcoin has historically rallied during both “bull” and “bear” yield-curve steepening episodes. He cited several examples, including March 2020, February 2021, March 2023, September-October 2023 and September 2024.
Park was responding to Brooks’ latest analysis of gold, in which the economist said the precious metal had risen 10% over the previous 10 days.


Top Economist: Bitcoin Not Safe Haven

Post To Earn BonusHTX Creation Challenge — Post and Win 1,500UDiscuss Hot Assets , Enter the Lucky Draw U.S. CPI inflation, Securitize, Gemini among earnings reports: Crypto Week AheadCrypto markets e

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U.S. CPI inflation, Securitize, Gemini among earnings reports: Crypto Week AheadCrypto markets enter the week with the near-term direction tied to whether easing U.S. inflation can keep the Federal Reserve’s interest-rate policy on hold and take pressure off the dollar into year-end.

Consumer price index data due Wednesday is the first test, but the larger question is whether weaker labor demand is beginning to outweigh price pressures still above the central bank’s target.

ING strategists Chris Turner and Francesco Pesole say they expect a no-increase outcome to create a more supportive cross-asset backdrop.

“If we’re right on the Fed, the dollar should be due a benign decline into year-end in what should be a risk-positive climate,” they wrote in a report. A hotter CPI print would challenge that path and put Treasury yields and the dollar back at the center of crypto trading.

Geopolitical instability will keep on playing a role in crypto prices. As war in the Middle East threatens vital oil passageways, inflation expectations could increase and, along with them, interest-rate-hike expectations.

What to Watch

(All times ET)

Crypto

Aug. 12: AI Financial Corporation says roughly 6.9 billion $WLFI tokens covered by its original lock-up arrangements are expected to become fully transferable.

Aug. 14: Second-quarter Form 13F filing deadline for U.S. institutional investment managers.

Macro

Aug. 11, 12:30 a.m.: Royal Bank of Australia interest rate decision est. 4.35% (Prev. 4.35%)

Aug. 11, 10:00 a.m.: U.S. existing home sales for July est. 4.07M (Prev. 4.09M)

Aug. 12, 08:30 a.m.: U.S. CPI YoY for July est. 3.4% (Prev. 3.5%); MoM est. 0.1% (Prev. -0.4%)

Aug. 13, 08:30 a.m.: U.S. PPI YoY for July (Prev. 5.5%); Core PPIMoM est. 0.1% (Prev. -0.3%)

Aug. 13, 08:30 a.m.: U.S. Initial Jobless Claims for period ending Aug. 8 est. 198K (Prev. 199K)

Aug. 13, 8:30 a.m.: U.S. Continuing Jobless Claims for period ending Aug. 1 (Prev. 1801K



U.S. CPI inflation, Securitize, Gemini among earni

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BitcoinWorldCrypto Futures Liquidations Top $50.4M as Short Sellers Dominate Losses The cryptocurrency derivatives market saw a significant shakeout over the past 24 hours, with total futures liquidat

Crypto Futures Liquidations Top $50.4M As Short Sellers Dominate Losses

🌐 Consolidation Before Expansion $XTZ is holding a developing support structure while buyers attempt to regain short-term control. A higher high followed by a resistance reclaim would make the recover

Post To Earn BonusHTX Creation Challenge — Post and Win 1,500UDiscuss Hot Assets , Enter the Lucky Draw Hedge funds trading bitcoin BTC$65,166.03 futures on the Chicago Mercantile Exchange have turned

Hedge funds trading bitcoin BTC$65,166.03 futures on the Chicago Mercantile Exchange have turned net long, according to Ki Young Ju, CEO of blockchain data analytics firm CryptoQuant.

The rare positioning shift suggests professional traders are increasingly betting on bitcoin prices rising.




A rare CME shift: Hedge funds abandon structural s

🚨 ⚡️ CARDANO HYDRA ENTERS THE ADOPTION PHASE Hydra, Cardano’s Layer 2 scaling solution, continues to make steady progress. The project has now entered the adoption phase, with ongoing improvements foc

🚨 ⚡️ CARDANO HYDRA ENTERS THE ADOPTION PHASE

Hydra, Cardano’s Layer 2 scaling solution, continues to make steady progress. The project has now entered the adoption phase, with ongoing improvements focused on performance, scalability, and real-world integration.

🔹 Hydra has officially entered the Adoption Phase, shifting the focus from research to deployment in real-world applications.

🔹 Recent updates introduced Partial Fanout, improved Hydra Heads performance, and optimized transaction processing.

🔹 The Hydra SDK continues to evolve, making it easier for developers to integrate Layer 2 capabilities into Cardano dApps and services.

🔹 Hydra enables near-instant transactions with extremely low fees while maintaining full compatibility with the Cardano mainnet.

Cardano is moving beyond infrastructure development toward practical adoption. Hydra has the potential to become the backbone of scalable DeFi platforms, gaming ecosystems, payment solutions, and enterprise applications without overloading the main blockchain.

Golden Finance, August 10 - Standard Chartered's research report covers Chainlink for the first time, predicting that its LINK token could rise 25 times from about $8 currently to $200 by the end of 2

Standard Chartered Calls LINK: Sees 25x Rally to $200 by 2030

Post To Earn BonusHTX Creation Challenge — Post and Win 1,500UDiscuss Hot Assets , Enter the Lucky Draw Visa Dominates Crypto Card Payments, Processing Nearly All Tracked Volume Visa continues to domi

Visa Dominates Crypto Card Payments, Processing Nearly All Tracked Volume

Visa continues to dominate the tracked crypto card payments market, processing approximately 99% of monthly payment volume routed through major card networks, according to data shared by a16z Crypto on X. The figures, sourced from Paymentscan.xyz, highlight Visa’s overwhelming lead over Mastercard in the niche but growing segment of crypto-funded card transactions.

Visa Dominates Crypto Card Payments, Processing Ne

Grayscale says crypto activity can continue despite the Senate delaying the CLARITY Act vote until September. Jack Pandl says Bitcoin demand and stablecoin payments are unlikely to face immediate disr

Grayscale says crypto activity can continue despite the Senate delaying the CLARITY Act vote until September. Jack Pandl says Bitcoin demand and stablecoin payments are unlikely to face immediate disruption from the legislative delay.

The Senate’s September vote faces hurdles as lawmakers continue negotiations over stablecoin rules and ethics provisions.

The Senate’s decision to delay the CLARITY Act vote has raised doubts about 2026 passage, but Grayscale says crypto activity can continue without the legislation.

Grayscale says crypto activity can continue despit

ZEC Price Just Surpassed $490 — Here's What Fueled the Rally

XRP Ledger Active Users Approach 200,000

Santiment Announces: This Altcoin Shows Restrained Growth, But Retail Investors Are Not Yet Aware of It!

Historic Changes Are Coming for the Established Altcoin Solana (SOL)! Two Important Proposals Have Been Prepared! Here's What Awaits Us

Wall Street Morning News: S&P and Dow Hit New Highs, Philadelphia Semiconductor Index and Chip Stocks Rise for 4th Straight Day, SanDisk and Intel Surge Over 10%, Micron's Market Cap Returns to $1 Trillion

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