Daily digital currency dynamics summary (2024-08-21)

1. Data: Bitcoin price fell 8.2% after halving, the worst halving performance in history.

2. Binance founder CZ faces new class action lawsuit in Seattle federal court.

3. Analyst: Bitcoin ETF institutional holdings rose to 24% last quarter.

4. Research: More and more experienced Ethereum users choose to trade privately on the blockchain.

5. Binance has successfully prevented $2.4 billion in potential user losses in 2024.

6. Mining company BitFuFu's total revenue in Q2 this year exceeded $129 million, an increase of 69.7% over the same period in 2023.

7. Source: The US SEC rejected Cboe's application for Solana spot ETF 19b-4.

8. The Xingyi City Court in Guizhou publicly tried a virtual currency "mining" pyramid scheme case, involving more than 10 million yuan.

9. The total market value of stablecoins has reached a new high, which usually indicates an increase in cryptocurrency prices.

10. With the change in the odds of the US election and a slightly favorable risk environment, Bitcoin may break upward again.

11. Google: Advertisers that provide cryptocurrency trading for Switzerland can publish ads.

12. Analyst: The proportion of institutional holdings of Bitcoin ETFs reached 24% last quarter, higher than 21.4% in the first quarter.

13. Bernstein: US listed Bitcoin mining companies have obvious advantages over their unlisted counterparts and are becoming industry integrators.