According to the world's largest prediction market, Polymarket, the pro-Bitcoin candidate for the upcoming presidential election, Donald Trump has taken a 13% lead over Kamala Harris.

OKX announced a grant to the Bitcoin developer fund 2140 Foundation. The specific amount of the grant has not been disclosed, and this funding is intended to promote the long-term security, resilience, and maintainability of the Bitcoin network. As part of its ongoing funding program, OKX has provided nearly $2 million in Bitcoin developer grants, with a focus on developing the developer ecosystem, as well as Bitcoin security and adoption.

Bitcoin is approaching its longest period of sideways market range since the April halving, currently at 285 days. Contributing factors include uncertainty surrounding the U.S. election, rising U.S. Treasury yields, and the extension of Mt. Gox's repayment deadline to October 2025. Despite historically bullish trends for Bitcoin in October, the lackluster price action has left bulls disappointed. If there is no bull market in the next two weeks, this will mark the longest post-halving sideways period in Bitcoin's history.

If Bitcoin follows the same pattern as previous election years, August will be “nothing crazy,” but a breakout may occur within a month or two, according to a crypto analyst.

Bitget Research Chief Analyst Ryan Lee recently stated: "Every time the Gas fee of ETH falls to the bottom, it often means that the price has reached a mid-term bottom. After this cycle, the ETH price often rebounds strongly, and when this moment happens to coincide with the interest rate cut cycle, the wealth effect of the market is full of possibilities."

Addresses holding over 100 BTC have accumulated 5021 BTC today and 245,453 BTC since the beginning of the year. In addition:Addresses holding 0.001-1 BTC have accumulated a total of 3620 BTC today and reduced 6838 BTC since the beginning of the year.Addresses holding 1-10 BTC have accumulated a total of 1223 BTC today and reduced 22639 BTC since the beginning of the year.Addresses holding 10-100 BTC have accumulated a total of 292 BTC today and reduced 60706 BTC since the beginning of the year.

On August 18th, analyst Ryan Lee stated that every time ETH's Gas fee drops to a low point, it often indicates a bottoming out of the mid-term price. ETH prices often experience a strong rebound after this cycle, and when this moment coincides with an interest rate cut cycle, various possibilities for market wealth effects are abound.

1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website

A federal judge in Brazil has ordered the criminal charges against the late CEO of Mirror Trading International (MTI), Johann Steynberg, for his involvement in a Bitcoin Ponzi scheme to be dropped after police investigations confirmed his death. Steynberg's death certificate has been added to the case file. Following the disclosure of this news, some victims immediately made defamatory remarks about these claims. Some believe that Steynberg may have faked his death. At the time of his death, Steynberg's death certificate showed that he suffered from acute respiratory failure. (Bitcoin.com) In May, the South African National Prosecuting Authority (NPA) was investigating the accomplices of the Bitcoin Ponzi scheme, Mirror Trading International (MTI), which was orchestrated by the late Johann Steynberg. NPA media relations manager Isaac Dludlu said the prosecution is considering several charges against those involved, including fraud and forgery.

On August 17th, Turingbitchain (TBC), a Bitcoin smart contract layer, released the Turingcontract.com smart contract development platform based on the native Bitcoin UTXO model.

IntoTheBlock stated in an article on X that the US government recently seized $600 million worth of Bitcoin from the dark web Silk Road and transferred it to Coinbase Prime. Although depositing to an exchange usually means selling, this transfer may be for custody purposes. Wallets associated with the US government still hold nearly $1.2 billion worth of Bitcoin.

According to Coinglass data, the total Bitcoin futures open interest on the entire network has reached 28.57 billion US dollars, an increase of 1.23% in the past 24 hours.<br>In addition, the total Ethereum futures open interest on the entire network has reached 10.668 billion US dollars, an increase of 2.54% in the past 24 hours.

According to CoinGecko data, the market value of BTC has returned to above $1.2 trillion, currently reaching $1,208,122,016,551, with a trading volume of $13,297,536,371 in the past 24 hours.

According to Whale Alert monitoring, 873 BTC (worth $53,228,550) was transferred from Antpool to an unknown wallet.

Coinglass data shows that the nominal value of open BTC option positions on the entire network is 21.375 billion US dollars (compared to 23.136 billion US dollars the previous day), and the nominal value of open ETH option positions is 6.122 billion US dollars (compared to 6.741 billion US dollars the previous day).

Glassnode data shows that Bitcoin's MVRV Z-Score indicates that it is closer to being undervalued, reflecting potential buying opportunities. In the past year, this indicator has fluctuated greatly, reflecting the price trend of Bitcoin volatility.

According to Whale Alert monitoring, at 3:23:08 am Beijing time today, a certain Bitcoin address was activated after being dormant for 11.4 years, holding 190 BTC (worth $11,490,704), which was only worth $12,125 in 2013.

According to Coinglass data, the total liquidation across the entire network in the past 24 hours was $198 million, with long positions liquidated at $161 million and short positions liquidated at $36.83 million. Among them, Bitcoin liquidated at $57.1 million and Ethereum liquidated at $46.25 million.

MicroStrategy is seeking to sell its Class A shares to raise up to $2 billion to purchase more Bitcoin and for general corporate purposes.In regulatory filings filed with the U.S. SEC, MicroStrategy did not disclose a timetable for stock sales or how much proceeds would be used to purchase Bitcoin.Earlier in June this year, MicroStrategy announced the issuance of $500 million unsecured senior convertible notes to purchase more Bitcoin, and one day later raised the issue price to $700 million.

Senator Cynthia Lummis introduced the bill on July 31, which would direct the US government to start a reserve Bitcoin fund.