8.13 Lab Daily:

As yesterday, Bitcoin is continuing to pull back downward. It is expected that the interest rate cut or no interest rate cut in September is actually bearish, and it is estimated that it will be difficult to improve in the short term.

1. White House officials: We are ready for a major attack that Iran may launch this week;

2. El Salvador announced an investment of $1.6 billion to launch "Bitcoin City";

3. The SEC accused NovaTech of being involved in a $650 million cryptocurrency fraud case;

4. Bitcoin mining company Argo Blockchain said it has fully repaid the $35 million loan borrowed from asset management company Galaxy Digital in 2022.

The loan was originally intended to avoid bankruptcy during the 2022 crypto bear market;

5. CryptoQuant: Bitcoin miner reserves have fallen to the lowest level since the beginning of 2021;

6. The US SEC sent letters to major venture capital funds regarding Uniswap Labs;