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On August 20, Axios reported that two U.S. officials stated the U.S. military has quietly established a shipping route in and out of the Strait of Hormuz, ensuring that 'millions of barrels' of oil are exported daily from the strait. There has been no response from Iran regarding these reports.

[US Military Reportedly Establishes Secret Shipping Route in Strait of Hormuz]On August 20, Axios reported that two U.S. officials stated the U.S. military has quietly established a shipping route in and out of the Strait of Hormuz, ensuring that 'millions of barrels' of oil are exported daily from the strait. There has been no response from Iran regarding these reports.

US Military Reportedly Establishes Secret Shipping Route in Strait of Hormuz

On August 20, Axios reported on August 19 that two U.S. officials stated the U.S. military has quietly established a shipping route in and out of the Strait of Hormuz, ensuring that 'millions of barrels' of oil are exported daily from the strait. There has been no response from Iran regarding the related reports.

[US Military Reportedly Establishes Secret Shipping Route in Strait of Hormuz]On August 20, Axios reported on August 19 that two U.S. officials stated the U.S. military has quietly established a shipping route in and out of the Strait of Hormuz, ensuring that 'millions of barrels' of oil are exported daily from the strait. There has been no response from Iran regarding the related reports.

The U.S. Treasury Department announced new regulatory details on Thursday, clarifying the investment requirements for the 'Trump Accounts' established under last year's tax reform legislation. Funds in these accounts are restricted to equity funds that track indices and heavily invest in U.S. companies, with a cap on fund investment fees set at 0.1% of account assets. The new regulations prohibit the entry of ESG-themed funds, categorizing them as sector funds not permitted under the regulations. Fees for account services charged by custodians are not subject to the fee cap, and the Treasury is soliciting public input to assess whether to limit or eliminate such fees. Additionally, the government is seeking proposals to explore pathways for allowing the transfer of appreciated stock donations into the accounts.

[U.S. Treasury: Trump Accounts Limited to Equity Funds Tracking Indices and U.S. Companies]The U.S. Treasury Department announced new regulatory details on Thursday, clarifying the investment requirements for the 'Trump Accounts' established under last year's tax reform legislation. Funds in these accounts are restricted to equity funds that track indices and heavily invest in U.S. companies, with a cap on fund investment fees set at 0.1% of account assets. The new regulations prohibit the entry of ESG-themed funds, categorizing them as sector funds not permitted under the regulations. Fees for account services charged by custodians are not subject to the fee cap, and the Treasury is soliciting public input to assess whether to limit or eliminate such fees. Additionally, the government is seeking proposals to explore pathways for allowing the transfer of appreciated stock donations into the accounts.

U.S. Treasury: Trump Accounts Limited to Equity Funds Tracking Indices and U.S. Companies

On August 20, Morgan Stanley stated that after gold prices surpass $4,450/oz, they are expected to exceed $5,000 by 2027 or sooner. The bank noted that improvements in the macroeconomic environment are boosting demand for gold ETFs, as market expectations for Federal Reserve interest rate hikes gradually fade and the dollar weakens. Strong central bank purchases and robust physical demand further support gold prices. Despite high long-term yields, gold prices remain resilient, indicating growing investor concerns over fiscal risks, including high government debt and potential currency devaluation risks. Morgan Stanley expects the Federal Reserve to maintain interest rates until 2026 but warns that upcoming U.S. inflation data and comments from Federal Reserve officials could increase market volatility.

[Morgan Stanley: Gold Prices Expected to Exceed $5,000/oz by 2027]On August 20, Morgan Stanley stated that after gold prices surpass $4,450/oz, they are expected to exceed $5,000 by 2027 or sooner. The bank noted that improvements in the macroeconomic environment are boosting demand for gold ETFs, as market expectations for Federal Reserve interest rate hikes gradually fade and the dollar weakens. Strong central bank purchases and robust physical demand further support gold prices. Despite high long-term yields, gold prices remain resilient, indicating growing investor concerns over fiscal risks, including high government debt and potential currency devaluation risks. Morgan Stanley expects the Federal Reserve to maintain interest rates until 2026 but warns that upcoming U.S. inflation data and comments from Federal Reserve officials could increase market volatility.

Morgan Stanley: Gold Prices Expected to Exceed $5,000/oz by 2027

On August 20, Morgan Stanley stated that after gold prices surpass $4,450 per ounce, they are expected to exceed $5,000 by 2027 or even earlier. The bank noted that the improving macroeconomic environment is boosting demand for gold ETFs, as market expectations for Federal Reserve interest rate hikes are gradually fading and the dollar is weakening. Strong central bank purchases and increased physical demand are also further supporting gold prices. Despite high long-term yields, gold prices remain robust, indicating growing investor concerns over fiscal risks, including high government debt and potential currency devaluation risks. Morgan Stanley anticipates that the Federal Reserve will maintain interest rates until 2026, but also warns that upcoming U.S. inflation data and comments from Fed officials could increase market volatility.

[Morgan Stanley: Gold Prices Expected to Exceed $5,000/Ounce by 2027]On August 20, Morgan Stanley stated that after gold prices surpass $4,450 per ounce, they are expected to exceed $5,000 by 2027 or even earlier. The bank noted that the improving macroeconomic environment is boosting demand for gold ETFs, as market expectations for Federal Reserve interest rate hikes are gradually fading and the dollar is weakening. Strong central bank purchases and increased physical demand are also further supporting gold prices. Despite high long-term yields, gold prices remain robust, indicating growing investor concerns over fiscal risks, including high government debt and potential currency devaluation risks. Morgan Stanley anticipates that the Federal Reserve will maintain interest rates until 2026, but also warns that upcoming U.S. inflation data and comments from Fed officials could increase market volatility.

Morgan Stanley: Gold Prices Expected to Exceed $5,000/Ounce by 2027

According to Yonhap News Agency: South Korean President Lee Jae-myung met with the chairman of SK Group on Thursday. It is speculated that they discussed South Korea's three major super projects centered around semiconductors and artificial intelligence, including SK Hynix's investment in the southwestern region.

[South Korean President Lee Jae-myung Meets with SK Group Chairman]According to Yonhap News Agency: South Korean President Lee Jae-myung met with the chairman of SK Group on Thursday. It is speculated that they discussed South Korea's three major super projects centered around semiconductors and artificial intelligence, including SK Hynix's investment in the southwestern region.

South Korean President Lee Jae-myung Meets with SK Group Chairman

[South Korean President Lee Jae-myung Meets SK Group Chairman]According to Yonhap News Agency: South Korean President Lee Jae-myung met with the chairman of SK Group on Thursday. It is speculated that they discussed South Korea's three major super projects centered around semiconductors and artificial intelligence, including SK Hynix's investment in the southwestern region.

South Korean President Lee Jae-myung Meets SK Group Chairman

On August 20, according to monitoring by Lookonchain, a certain whale has just opened short positions worth approximately $81.6 million in BTC and ETH, currently holding short positions of 20,000 ETH and 500 BTC.

[Whale 'Goes Against the Trend' Shorting 20,000 ETH and 500 BTC]On August 20, according to monitoring by Lookonchain, a certain whale has just opened short positions worth approximately $81.6 million in BTC and ETH, currently holding short positions of 20,000 ETH and 500 BTC.

Whale 'Goes Against the Trend' Shorting 20,000 ETH and 500 BTC

On August 20, as Bitcoin surged to a weekly high of $72,400, long-dormant 'old coins' were suddenly transferred from cold wallets at an astonishing pace. In the past 24 hours, a total of 1314.41 BTC was moved from Bitcoin wallets that had been in long-term hibernation, with a total value of approximately $94 million. Among these, about 1214.42 BTC, valued at around $86 million, came from wallets that have been in use since as early as 11 years ago.

[Dormant Bitcoin Wallets 'Awaken' After 11 Years, 1214 BTC Transferred in 24 Hours]On August 20, as Bitcoin surged to a weekly high of $72,400, long-dormant 'old coins' were suddenly transferred from cold wallets at an astonishing pace. In the past 24 hours, a total of 1314.41 BTC was moved from Bitcoin wallets that had been in long-term hibernation, with a total value of approximately $94 million. Among these, about 1214.42 BTC, valued at around $86 million, came from wallets that have been in use since as early as 11 years ago.

Dormant Bitcoin Wallets 'Awaken' After 11 Years, 1214 BTC Transferred in 24 Hours

On August 20, crypto analyst Darkfost reported that Bitcoin recorded its largest single-day increase since February 2026, with a daily rise of 7.1%. This surge pushed Bitcoin prices above the cost basis for short-term holders (STH), triggering large-scale profit-taking among them. Data shows that short-term holders transferred over 44,300 BTC to exchanges yesterday, setting a record for the largest profit-taking activity since 2026. Currently, the cost basis for short-term holders is approximately $67,100; after BTC surpassed this level, some holders who were previously in profit began to shift their assets. Darkfost noted that this price increase was driven by several factors. U.S. Treasury Secretary Yellen previously announced that the U.S. would advance long-term Treasury bond repurchase operations and double the scale of these operations, leading to a rapid decline in long-term U.S. Treasury yields. Subsequently, Trump spoke at a White House meeting focused on the crypto industry, stating that the U.S. is considering purchasing a significant amount of BTC and urged Congress to pass the Clarity Act, while also expressing a desire to facilitate Hyperliquid's entry into the U.S. market. The market continues to monitor whether these policy statements are merely discussions or indicative of the U.S. government's genuine intention to become a global crypto hub. As BTC attempts to break through key resistance levels, including the short-term holders' cost basis, their on-chain behavior remains a point of ongoing interest.

[Short-Term Bitcoin Holders Transfer 44,300 BTC to CEX, Marking Largest Profit-Taking Activity This Year]On August 20, crypto analyst Darkfost reported that Bitcoin recorded its largest single-day increase since February 2026, with a daily rise of 7.1%. This surge pushed Bitcoin prices above the cost basis for short-term holders (STH), triggering large-scale profit-taking among them. Data shows that short-term holders transferred over 44,300 BTC to exchanges yesterday, setting a record for the largest profit-taking activity since 2026. Currently, the cost basis for short-term holders is approximately $67,100; after BTC surpassed this level, some holders who were previously in profit began to shift their assets. Darkfost noted that this price increase was driven by several factors. U.S. Treasury Secretary Yellen previously announced that the U.S. would advance long-term Treasury bond repurchase operations and double the scale of these operations, leading to a rapid decline in long-term U.S. Treasury yields. Subsequently, Trump spoke at a White House meeting focused on the crypto industry, stating that the U.S. is considering purchasing a significant amount of BTC and urged Congress to pass the Clarity Act, while also expressing a desire to facilitate Hyperliquid's entry into the U.S. market. The market continues to monitor whether these policy statements are merely discussions or indicative of the U.S. government's genuine intention to become a global crypto hub. As BTC attempts to break through key resistance levels, including the short-term holders' cost basis, their on-chain behavior remains a point of ongoing interest.

Short-Term Bitcoin Holders Transfer 44,300 BTC to CEX, Marking Largest Profit-Taking Activity This Year

Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data

BubbleMaps Classifies XST as a Potentially Dangerous Road Section Following a 99% Collapse Warning

Baltimore Takes Legal Action Against Sports Prediction Markets

Just Now, DeepSeek Harness Shocks the Open Source World: Everything as a Plugin

Overnight, GPT-5.6 Sol Was Accelerated 14x by OpenAI

Bank of Montreal Reports $2,970 XRP Position in $303 Billion Portfolio

Shinhan Asset Management partners with Plume on tokenized fund pilot

Staking Inflation Reforms Trap Ethereum and Solana

Short-Term Bitcoin Holders Transfer 44,300 BTC to CEX, Marking Largest Profit-Taking Activity This Year

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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