According to Odaily Planet Daily, Trump's second son Eric Trump posted on the X platform: " Don't short BTC and ETH, otherwise you will be completely defeated. "

According to Odaily Planet Daily, World Liberty Financial, backed by the Trump family, plans to establish a publicly traded company to hold its WLFI token, aiming to raise approximately $1.5 billion. The transaction structure is still being finalized, and the company has approached major investors in the tech and crypto sectors. The company, which announced last year that it would launch a crypto lending app, has already issued the USD1 stablecoin and raised funds through the sale of WLFI, initially a non-transferable governance token, which is expected to be publicly traded. (Bloomberg)

According to DappRadar data, the total value locked in DeFi protocols reached a record high of $270 billion in July, a 30% month-over-month increase. Tokenized stocks were a key growth driver, with the number of active wallets surging from approximately 1,600 to over 90,000, and market capitalization increasing by 220%. During the same period, NFT transaction volume increased by 96% month-over-month to $530 million, with approximately 3.85 million daily active wallets interacting with NFT DApps, slightly higher than DeFi. Despite the market recovery in July, NFT transaction volume is still lower than the peak in 2021. (Cointelegraph)

According to Odaily Planet Daily, Danylo Hetmantsev, Chairman of the Ukrainian Parliament's Finance, Tax, and Customs Policy Committee, stated that the Ukrainian Parliament plans to conduct a preliminary reading of a bill on cryptocurrency regulation by the end of August. Once approved, the bill will establish a legal framework for digital assets that aligns with European standards. "Preparation of a draft law on the taxation of virtual asset transactions is currently in the final stages," he said. "The bill is expected to be submitted to the Verkhovna Rada for a first reading by the end of August 2025." A key provision of the bill allows individuals to legalize previously acquired digital assets. Under the provision, holders seeking to legalize their assets will be subject to a 5% personal income tax and a 5% military tax. ( Cointelegraph )

According to Onchian Lens, the whale address 0xcb9 recently opened a 25x short position on ETH, which resulted in a profit exceeding $20 million, but failed to close the position. Currently, with the surge in ETH prices, its short position has turned from a profit exceeding $20 million to a loss of $15.8 million. Currently, the whale still holds a short position of 12,500 ETH, with a floating loss of US$3.4 million.

According to Odaily Planet Daily, Harvard Management Company, which manages Harvard University's $53 billion endowment, held approximately 1.9 million shares of IBIT, valued at approximately $116.6 million, as of June 30th, according to documents filed with the U.S. Securities and Exchange Commission (SEC). This made it the fund's fifth-largest investment during the period, behind Microsoft, Amazon, travel technology companies Booking Holdings, and Meta, and slightly ahead of its investment in Google's parent company, Alphabet. (The Block)