Bit Digital CEO Sam Tabar stated that with the completion of the WYFI IPO, the company will focus on becoming the largest Ethereum treasury platform. Bit Digital has held 121,076 ETH, actively staking 105,015 ETH, and is preparing to scale up.

Yesterday, both Ethereum and Bitcoin spot ETFs experienced net outflows, with only BlackRock's product achieving net inflows; in addition, several large SOL treasury companies are about to raise funds, and a Bitcoin treasury is planned to be established in Asia by a mining company supported by the Trump family.

PANews August 16 news, according to Lookonchain monitoring, in addition to Bitmine, there is another mysterious institution that has been purchasing ETH. In the past 4 days, this mysterious institution created 3 new wallets and withdrew 92,899 ETH (worth 412 million USD) from Kraken.

On August 16, the Crypto Assets market performed weakly, with Bitcoin and Ethereum prices falling, leading to a general decline in alts. Multiple Tokens such as ETH and ARB saw declines of 4.27% and 8.15% respectively. At the same time, the Spot ETF recorded significant net outflows, indicating a lack of market confidence.

Gate News bot message, HODL has launched Alpha

Gate News bot message, A crypto whale has deposited 1.59 million USDC into HyperLiquid and initiated significant leveraged short positions. The trader established short positions with different leverage ratios: 25x leverage on ETH, 40x leverage on BTC, and 20x leverage on SOL.

Odaily News Somnia announced on the X platform that the airdrop eligibility check is now online, and users need to connect the Somnia Quests wallet to check.

Jin10 reported on August 16 that despite being postponed for a day, the new round of global plastic pollution governance negotiations failed to reach a Consensus on the 15th local time. This round of UN negotiations was supposed to be the final round of discussions aimed at establishing the first legally binding international protocol for plastic pollution (including marine plastic pollution). However, like last year's meeting in South Korea, the negotiations once again did not yield results. It is reported that the talks have stalled on key issues such as whether to limit the exponential rise in plastic production and whether to implement global legal constraints on toxic chemicals used in plastic manufacturing.

PANews August 16 news, according to the official announcement, Gate has launched OLAXBT (AIO) Spot trading on August 15 at 23:00 (UTC+8).

Gate News bot message, A significant crypto wallet transaction has been recorded where a whale deposited 2.4 million USDC into HyperLiquid platform. The whale subsequently acquired 49,871 HYPE tokens at $48.14 per token.

Odaily News Gate announced that it will launch AriaAI (ARIA) spot trading on August 21.

The Ethereum developer meeting on August 16 reviewed the results of Fusaka Devnet-4, focusing on issues such as cross-client blob fee calculation, and postponed decisions on the timelines for the Sepolia and Holesky forks to ensure stability. The progress of the Glamsterdam upgrade plan and major proposals was also discussed.

Jin10 data reported on August 16, Trump stated that he has basically reached a Consensus with Putin, believing that the Russia-Ukraine conflict will end through territorial exchanges and some form of U.S. security guarantees for Ukraine. "Well, I think these are all the key points of our negotiations, and we have largely come to an agreement," Trump said. "In fact, I feel that we have a Consensus in many respects." "I think we are very close to ending the conflict. However, Ukraine must agree to this plan," he added.

According to Onchain Lens monitoring, a wallet associated with World Liberty Finance spent 18.6 million USDC to purchase 1,911 ETH and 84.5 WBTC, and currently still holds 5 million USDC, possibly for further purchases.

Jin10 data reported on August 16th that after meeting with Putin, Trump stated that due to the "very smooth" talks between the two sides, he would temporarily set aside plans for further sanctions against Russia or causing other "serious consequences." Trump said: "Because of what happened today, I don't think we need to consider this issue right now." He added: "Maybe in two or three weeks I will need to consider it, but not at the moment."

According to Jinse Finance, on-chain analyst Ai Yi (@ai 9684xtpa) monitored that a certain whale converted 1,090 ETH into 415,005 UNI on August 13. After the price of UNI fell, the address added 115,005 UNI 10 hours ago to drop the average holdings price.
Currently, this address has invested a total of 6.26 million dollars to purchase UNI, with an average Holdings cost of 11.82 dollars, and the current unrealized loss is about 535,000 dollars.

Jin10 data, August 16 - U.S. President Trump revealed in an exclusive interview with Fox News that arrangements are being made for a meeting between Ukrainian President Zelensky and Russian President Putin. Trump said he believes he will also attend. In addition, Trump disclosed during the interview that he had a "very candid" conversation with Putin. Trump acknowledged that he had private time with Russian President Putin during this meeting. Trump stated that he believes Putin wants to see the Russia-Ukraine conflict "resolved."

Nasdaq-listed company RYVYL announces a strategic transformation, focusing on Crypto Assets fund management. The plan is to support long-term development by building a fund pool and incorporating digital assets into its business plan to enhance financial resilience.

PANews August 16 news, according to monitoring by @ai9684xtpa, Address 0x4B5...90AFA had exchanged 1090 ETH for 415,005 UNI during the ETH rise trend on August 13, and then encountered a big dump. 10 hours ago, it bought back 115,005 UNI to lower the average price, accumulating a Build a Position of 6.26 million USD in UNI; currently, the average cost is 11.82 USD, with unrealized losses of 535,000 USD.