Today (11), the cryptocurrency market is showing strong performance across the board. Bitcoin (BTC) has broken through 121,200 USD, setting a new high for this round, while Ethereum (ETH) remains above 4,300 USD, continuing its long positions pattern. Gate's platform token GT has rebounded close to the 17 USD mark. Among popular tokens, ZKJ has surged by as much as 77%, and LDO and ENA have also performed remarkably, becoming the focus of capital interest.

BlockBeats news, on August 11, CryptoQuant analyst Axel Adler Jr stated that the bullish sentiment in the Bitcoin Options market has risen to the highest level in the past month.

According to a report by Jinse Finance, a whale alert was released by @ImCryptOpus: A whale with an address starting with 0x7e70 on Hyperliquid is shorting Bitcoin (BTC) with 40x leverage, entering at a price of $122,008.0, with a position value of $2.44 million.

According to BlockBeats news on August 11, on-chain data analyst Murphy stated that BTC has returned to $120,000. Although it cannot be considered as successfully holding above at this point, what can be confirmed is that in terms of chip structure, BTC has returned to a price range with $117,000 as support, making the trading range of $112,000 to $116,000 a "safe zone," which is almost consistent with the price trajectory inferred from the "double anchor structure." From the perspective of the "MVRV extreme deviation pricing range," BTC is currently still operating within the channel formed by the orange-yellow line. Support is gained at the lower band, and it may encounter resistance at the upper band. The current upper band position of the operating channel is $125,000, which is also the first target for a rebound within the channel. If it successfully breaks through and does not fall back below during the pullback, it is highly likely to rise to the second range.

According to Jinse Finance, economist Henrik Zeber has issued a warning about Bitcoin, describing it as a "high-risk asset" that is closely correlated with the Nasdaq index — both of which belong to what he calls the "Second Tech Bubble (TechBubble2)." "This correlation is simple," he stated, "if tech stocks fall, Bitcoin will also fall."

Gate News bot message, A significant market movement occurred as Bitcoin crossed the $122,000 threshold. In response, a whale trader identified as 0x5D2F has taken protective measures by depositing 6 million USDC into Hyperliquid to maintain their trading position. The trader's current position s

Jack Yi, the founder of LD Capital, stated that the bullish market brought by ETH exceeded expectations. Although there are shortcomings, there has been progress in the judgment of BTC and SOL. He looks forward to the next opportunity and announced the launch of Liquid Capital and its related brands to embrace a new financial era.

According to the Gate News bot message, as per the official announcement from Gate on August 11, 2025: Gate will launch SatLayer (SLAY) spot trading on August 11, 2025, at 19:00 UTC+8 with the trading pair SLAY/USDT. (. SatLayer is a Bitcoin-based economic layer project aimed at converting BTC into programmable assets. The project is dedicated to making Bitcoin applicable in artificial intelligence, DeFi, risk-weighted assets, stablecoins, and traditional finance. The SLAY token is issued on the Ethereum network, with the contract address being 0x51477a3002ee04b7542adfe63ccdb50c00ee5147.

On August 11, news from Curated Crypt analysis indicated that the Bitcoin purchases by small and medium-sized wallet holders have exceeded the current output level of miners. Meanwhile, the accumulation of Bitcoin by large wallet holders such as institutions and enterprises has significantly surpassed the mining output over the past two years. This data indicates that the demand for Bitcoin among retail and institutional investors is continuously increasing, further intensifying the on-chain scarcity of Bitcoin.

Gate News bot message, Gate market shows BTC breaking 122000 USDT, current price 122027 USDT.

Gate News bot message, Gate market shows, BTC breaks 121000 USDT, current price 121017.5 USDT.

According to BlockBeats news on August 11, on-chain analyst Ai Yi (@ai9684xtpa) monitored that BTC broke through 120,000 USD. The Whale "set 10 big goals first" opened a BTC long order on August 3. If there was no take profit / reduce position, it has now realized gains of 2.08 million USD. He opened a long order of 267.322 BTC at the price of 112,891.3 USD, marking the first public operation since July. If this time it also successfully takes profit, it will be a three-win streak.

PANews August 11 news, according to @ai9684xtpa monitoring, the trader who set "10 big goals" opened a BTC long order on August 3. If there was no take profit / reduce position, the unrealized gains have now reached 2.08 million USD. They opened a long order of 267.322 BTC at the price of 112891.3 USD, which is the first public operation since July.

Gate News bot message, Gate market shows that BTC has broken through 120000 USDT, current price 120055.9 USDT.

According to HyperInsight monitoring, as the market rebounds, contract whales have frequently entered positions in the past 8 hours, mainly increasing their short orders in altcoins, involving multiple addresses and different coins, with some whales showing significant unrealized losses.

BlockBeats news, on August 11, Greeks.Live analyst Adam posted on social media, "This week has relatively more macro data, with the most important macro data being Tuesday's CPI. A noteworthy event is Friday's Fed meeting. The recent signals of easing in the Russia-Ukraine conflict may have a substantial impact on the global economy if the meeting yields concrete results. The implied volatility of BTC in the short to medium term has generally fallen to above 30%, with low short-term volatility expectations. ETH's major maturities are mainly around 65% to 70%, more than double that of BTC, especially due to ETH's surge to $4300 over the weekend, with short-term IV exceeding 70%."

Alena Vranova, the founder of Satoshi Labs, warned Bitcoin users of the risks of kidnapping and attacks, stating that at least one person faces kidnapping or extortion each week, and even loses their life due to a small amount of encryption assets. She pointed out that over 80 million users' identification information has been leaked, including 2.2 million that contain home addresses.

Golden Finance reports that the number of wallets holding more than 100 BTC has reached an all-time high. Currently, there are 18,990 wallets holding at least 11.6 million USD.

Gate News bot message, Gate market shows BTC breaking 119000 USDT, current price 119021.5 USDT.

Odaily News The US listed company Strategy (formerly MicroStrategy) stated on the X platform: Today marks the fifth anniversary of the company's adoption of the Bitcoin strategy.

Bitwise's Head of Advanced Investment Strategies, Juan Leon, stated that Harvard University and Brown University disclosed their BTC ETF positions, indicating the Ivy League's emphasis on BTC, which may attract more capital inflows and encourage other universities to follow suit.

Gate News bot message, a significant cryptocurrency whale has resumed activity after a month-long dormant period, withdrawing 274.22 BTC (valued at $32 million) from centralized exchanges. Following this withdrawal, the whale's total holdings now stand at 587.24 BTC, equivalent to $69.24 million. T

Gate News bot message, Gate market shows that BTC has broken through 118000 USDT, current price is 118038.1 USDT.

Gate News bot message, Gate market shows, BTC breaks 117000 USDT, current price 117006.8 USDT.

Gate News bot message, Gate market shows, BTC breaks 116000 USDT, current price 116490.1 USDT.

Gate News bot message, Gate market shows BTC falls below 115000 USDT, current price 114888.8 USDT.

Gate News bot message, Gate market shows BTC突破 116000 USDT, current price 116496.8 USDT.

Gate News bot message, Gate market shows that BTC falls below 115000 USDT, current price 114789.8 USDT.

Gate News bot message, Gate market shows BTC breaking 116000 USDT, current price 116500 USDT.

Gate News bot message, Gate market shows BTC fell below 115000 USDT, current price 114559.6 USDT.

Gate News bot message, Gate market shows that BTC has broken 116000 USDT, current price 116506.4 USDT.

Gate News bot message, Gate market shows BTC falls below 115000 USDT, current price 114823.5 USDT.

Gate News bot message, Gate market shows BTC falls below 116000 USDT, current price 115751 USDT.

The Bitcoin network difficulty rose by 1.42% at Block Height 909,216, setting a historical record of 1.2944 trillion. In 2025, the difficulty has been adjusted 16 times, with an overall rise of 17.73%, while the hashrate has slightly decreased.

According to BlockBeats, on August 9, Globenewswire reported that the US-listed Bitcoin mining company LM Funding America released its unaudited Bitcoin mining and operational update report for the period ending July 31. In July, the mining output was 5.9 BTC, and 11 BTC were sold. As of the end of July, the Bitcoin holdings decreased to approximately 150.4 coins, with a total value of about 17.8 million USD.

Gate News bot message, Gate market shows BTC breaking 117000 USDT, current price 117021.9 USDT.

Gamestop CEO Ryan Cohen has unfollowed all Bitcoin accounts on the X platform, attracting attention. Currently, the company holds 4,710 Bitcoins, which is only one-third of the planned purchase. Despite raising $1.48 billion for Bitcoin investment, Cohen's attitude has faced continuous criticism, being labeled as a "worthless supporter".

BlockBeats news, on August 9, Eric Trump, the second son of Trump, posted on social media that seeing today's Ethereum short positions being crushed is truly gratifying. Don't bet on shorting Bitcoin and Ethereum anymore - otherwise, you will be ruthlessly run over by the market.

Golden Finance reported that Harvard University stated in its latest document that it holds $116 million in BlackRock iShares Bitcoin ETF.

Gate News bot message, Gate market shows BTC falls below 116000 USDT, current price 115999.1 USDT.

Gate News bot message, large-scale Bitcoin movements detected from centralized exchanges. A new wallet address 175k5C executed a withdrawal of 100 BTC (valued at $11.71M) from centralized exchanges within the past hour. In a separate transaction, the whale wallet bc1qgf added 263 BTC ($30.82M) to

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.

According to a report by Jinse Finance and @BitcoinNewsCom, the accumulation speed of wallet addresses holding less than 100 BTC is faster than the mining speed of Bitcoin. The monthly balance increase of these wallets exceeds 17,000 Bitcoins, while the mining amount of Bitcoin during the same period is 13,850.

Block CFO Amrita Ahuja stated that Bitcoin has the potential to become an open protocol for the internet, driving speed and efficiency. The company plans to allocate 10% of its gross profit each month to purchase Bitcoin, believing that it is not only digital gold but also has the potential for development as a currency.

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.

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.

Bitcoin treasury company BSTR announced the completion of a $65 million financing, approximately 555 Bitcoins. The funds will be activated after the merger with CEPO, and the company plans to hold 30,021 Bitcoins after the merger, trading under the BSTR stock code, and will also receive up to $1.5 billion in private sale investment.

Odaily News On August 7, Bitcoin dipped to $111,643 but quickly rebounded to $117,000, reaching the key breakout level retest target mentioned in previous reports, reigniting trading interest. The current market faces challenges such as volatility compression, seasonal weakness, and insufficient macro drivers. Trump's recent push for 401(k) investments in encryption and increased attention on gold may bring about a change in sentiment. The number of active Ethereum addresses has reached a new high, with prices rising, but it relies more on narrative-driven factors. Both are at critical technical junctures, and may face either a higher trade volumes breakout or a rapid pullback.

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.

Odaily News Twitter co-founder Jack Dorsey's payment platform Block released its second-quarter financial report, which shows that the company increased its holdings by 108 BTC in the second quarter of this year, bringing its Bitcoin holdings to 8,692 coins by the end of June.