Bitgreen raised $5 M in a Public Sale round on 2022-09-20.

S&P Global upgraded India's sovereign rating to BBB (first upgrade in ~19 years), citing fiscal consolidation and resilient growth.

Jin10 Data Compilation: Summary of Important News from Yesterday and This Morning (2025-08-15) Domestic News: 1. The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority issued a joint statement regarding market volatility related to stablecoins. 2. Central Bank: Today will conduct a 500 billion yuan outright reverse repurchase operation, with a term of 6 months. 3. Modification of the Regulations on the Administration of Entry and Exit of Foreigners: A new K visa category has been added to the ordinary visa types, issued to foreign young scientific and technological talents entering the country. 4. Li Ka-shing's CK Hutchison: It is expected that the port transaction will not be completed this year, and major mainland investors will be invited to join the discussion. International News: 1. S&P: Upgraded India's rating to "BBB". 2. It is reported that the Trump administration is discussing investing in Intel, which may benefit the Ohio factory hub plan. 3. The usage scale of the Federal Reserve's overnight reverse repurchase tool is $28.818 billion, the lowest since April 2021. 4. Powell will give a speech at the Jackson Hole conference at 10 PM Beijing time on August 22. 5. The US PPI rose by 0.9% month-on-month in July, the largest increase in three years. The market has reduced bets on a Federal Reserve rate cut. 6. U.S. Treasury Secretary Besant: It is unlikely that the U.S. will reassess its gold reserves; the value of Bitcoin reserves is about $15 billion to $20 billion, and the sale of Bitcoin holdings will cease. 7. Federal Reserve - ① Daly: A significant rate cut next month does not seem appropriate. ② Musalem: A 50 basis point cut does not align with the current economic situation or data. ③ U.S. Treasury Secretary Basent: There is no call for the Federal Reserve to cut rates by 150 basis points, just pointing out that the model shows the neutral rate at a lower level. 8. Global Trade - ① India announced that the trade agreement with the EU will take effect on October 1. ② India and the United States will hold a "2+2" dialogue consultation meeting later this month. ③ White House trade advisor: Drug tariffs are likely to be implemented under Section 232, with the focus of tariffs on generic drugs. ④ U.S. Treasury Secretary Bascent: August and September will be a good test of tariff revenue, which may exceed $300 billion. 9. The Russia-Ukraine issue - ① Putin: The United States seeks to reach an agreement acceptable to all parties and it is possible to reach a new arms agreement with the U.S. ② The Kremlin: There are no plans to sign the outcome document of the Russia-U.S. summit. ③ Western leaders are considering the possibility of holding a tripartite summit in a European city involving Russia, the U.S., and Ukraine. ④ Trump: Does not believe a ceasefire will be reached immediately; this lays the groundwork for the second meeting, and if the issues cannot be resolved, sanctions will be implemented.

Author: Kevin Li Compiled by: Deep Tide TechFlow Recently, people's interest in Ethereum has surged again, especially after the emergence of ETH as a reserve asset. Our fundamental analysts have explored the valuation framework of ETH and constructed a compelling long-term bull market forecast. As always, we are happy to connect with you and exchange ideas – please remember to do your own research (DYOR). Let's dive into ETH with our fundamental analyst Kevin Li. Key points Ethereum (ETH) is transitioning from a misunderstood asset to a scarce, programmable reserve asset, providing security and impetus for a rapidly compliant on-chain ecosystem. The adaptive monetary policy of ETH is expected to reduce the inflation rate – even if 100% of ETH is staked, the inflation rate will be at most around 1.5.

Author: Kevin Li, Artemis Researcher, Translated by: Shaw, Golden Finance Abstract Ethereum (ETH) is transforming from a misunderstood asset into a scarce, programmable reserve asset, providing security and incentive for a rapidly institutionalized on-chain ecosystem. The adaptive monetary policy of ETH is expected to see the inflation rate decline— even with 100% of ETH staked, the upper limit is only about 1.52%, which will drop to around 0.89% by the 100th year (2125). This is far lower than the average annual growth rate of the US M2 money supply of 6.36% (1998-2024), and it can even compete with the supply growth of gold. Institution adoption is accelerating, with companies like JPMorgan and BlackRock building on Ethereum, driving sustained demand for ETH to ensure and settle on-chain prices.

Recently, the crypto assets market has seen a significant breakthrough, with the Bitcoin price breaking through the $120,000 mark, attracting the attention of global investors. Behind this historic breakthrough, multiple macroeconomic factors are at play. First, the U.S. government released $5 trillion in liquidity through the BBB bill to raise the debt ceiling, which means more funds may flow into the risk asset market. Meanwhile, the dollar exchange rate continues to decline, having dropped to 7.17, further enhancing Bitcoin's appeal as a hedging tool. The Federal Reserve's monetary policy has also become a key factor. The market expects that there may be two interest rate cuts in the second half of the year, with some views even suggesting that rates could drop to 3%. This loose monetary environment is conducive to the performance of risk assets such as Bitcoin. It is worth noting that the question of Federal Reserve Chairman Powell's future has also added uncertainty to the market. The participation of institutional investors continues to increase. Data shows that the proportion of Bitcoin in US spot ETFs has reached 6.43%, an increase of 0.39% compared to early June; the proportion of Ethereum is 3.77%, an increase of 0.75%. This indicates that institutional funds are accelerating their entry into the Crypto Assets market. In terms of regulation, the stablecoin bill is expected to make more progress in the second half of the year, which will provide a clearer legal framework for the Crypto Assets market. At the same time, the trend of tokenizing US stocks and crypto companies going public in the US is also driving the development of the entire industry. Despite Bitcoin's price reaching a new high, many analysts remain optimistic about its future performance, with predictions suggesting that Bitcoin's price could reach $150,000. However, investors should remain cautious, follow market risks, and view this round of price increase rationally. Overall, changes in the global macroeconomic environment, increased holdings by institutional investors, and the gradual improvement of industry regulations have jointly driven the rise of the Crypto Assets market. The future direction of the market still needs to be observed with regard to the changes in various factors.