According to BlockBeats news on August 8th, as per the official announcement, Gate has launched K Perptual Futures trading (USDT Settlement), supporting 1-20x leverage.

According to BlockBeats news, on August 8, after Ethereum broke through 4000 USD, the probability of ETH breaking 4200 USD on Polymarket this month rose by 17%, currently reported at 68%. As of the time of writing, over 2.84 million USD has participated in this prediction.

According to BlockBeats news on August 8, on-chain information shows that a certain smart money increased its holdings by 4,000 ETH with a long order at an average price of $3,997 half an hour ago, bringing its current holdings amount to $20.55 million. It is worth noting that this address also reduced part of its ETH long order 50 minutes ago. As of the time of writing, this address still holds a 40x Bitcoin long order worth $29.17 million.

Lens has launched a token distributor that conducts gas-free token distribution based on real user value, focusing on high-quality users and directly distributing GHO to their Lens accounts. It is currently in the early testing phase and supports all ERC-20 tokens.

According to BlockBeats news on August 8, on-chain information shows that the "Four-War ETH 75% Win Rate Whale" increased its margin by 5.53 million USD this morning, resulting in unrealized losses of 6.26 million USD on its 15x Ether short order. Its total historical losses have exceeded 10.46 million USD.

According to BlockBeats news on August 8, glassnode reported that XRP futures trading volume surged, with a 24-hour volume increase of 208%, reaching $12.4 billion, surpassing SOL's $9.6 billion. Open interest climbed to $5.9 billion (+15%). glassnode's analysis indicates that the current market funding rate suggests a larger number of long positions, which may increase liquidation risk if the price falls.

BlockBeats news, on August 8, Nasdaq-listed LM Funding America (LMFA) released its operating data for July 2025. During the reporting period, the company's monthly net Bitcoin production was 5.9 coins, a month-on-month rise of 7%; energy revenue increased by 20% month-on-month. As of July 31, the company held 150.4 Bitcoins, with a total value of approximately 17.8 million USD.

A certain Whale increased the position on Bitcoin long order in a short period and holds a large amount of SOL and XRP short orders, demonstrating its active operations in the market, with cumulative profits reaching $54 million.

BlockBeats news, on August 8, Musk stated on the X platform that the Grok humanoid companions Valentine and Ani have completed a series of upgrades.

BlockBeats news, on August 8, insider @0xDylan revealed on the X platform that "we will soon see news of WLFI company's listing on the US stock market, (the company's listing) may even happen before the WLFI Token circulates." @0xDylan also stated that USD1 credits may be eligible for WLFI token Airdrop. Insider @0xDylan accurately predicted USD1 this Monday.

BlockBeats news, on August 8, according to RockFlow market data, in pre-market trading, Twitter co-founder Jack Dorsey's payment platform Block Inc (XYZ) rose over 9%, with a current stock price of $83.86. According to the latest quarterly financial report disclosed on Thursday, Block achieved a gross profit of $2.54 billion in the second quarter, a year-on-year rise of 14%. Block increased its holdings by 108 units.

BlockBeats news, on August 8, according to PI Shield monitoring, the DeFi platform Credix has allegedly canceled its X account. BlockBeats previously reported that on August 4, the administrator account Address of Credix was attacked, with estimated losses of about 4.5 million dollars. The attack included forgery (without real asset support).

Recently, HyperInsight data shows that several Whale addresses on the Hyperliquid platform have seen large fund movements, with a total withdrawal of approximately 12.39 million USDC and a deposit of about 3.52 million USDC.

BlockBeats news, on August 8, Zhongnong Rongxin and Aide Financial officially signed a comprehensive strategic cooperation protocol to jointly cooperate in various Capital Market fields. Zhongnong Rongxin will appoint Aide Securities and Futures, a subsidiary of Aide Financial, as its exclusive consultant in the Capital Market, Compliance consulting, and related technical services, providing comprehensive sponsorship and underwriting support for Zhongnong Rongxin's real-world asset tokenization (RWA), Capital Market consulting, corporate financing, mergers and acquisitions restructuring, and initial public offerings (IPO) in Hong Kong.

BlockBeats news, on August 8, the DeFi project Beets announced the launch of the Gyroscope dynamic liquidity pool (E-CLP) on the Sonic platform. This mechanism supports profit sharing and offers an Annual Percentage Rate of up to 190% in the current market environment, driving innovation and rise in the dynamic fund pool model.

The weekly report released by Matrixport indicates that the Bitcoin market has entered a correction phase, with weakening momentum, and a cooling of the funding situation and trading volume. The technical indicators suggest that the support level may face a test, and there is a high level of market hesitation. Attention is on the economic trends in the United States and the Fed's interest rate decisions, maintaining an overall consolidation. Speculators need to be patient and wait for clear signals to reposition.