On August 14, 2025, Bitcoin miner TeraWulf announced it would lease computing resources to AI cloud platform Fluidstack for $3.7 billion. In addition, Google will guarantee Fluidstack's $1.8 billion lease obligations and receive warrants for approximately 8% of TeraWulf's equity. 2. Interest rate cut expectations, DAT speculation and market indicators: When will the bull market top appear? What signals will Federal Reserve Chairman Powell send at the Jackson Hole conference (Thursday, August 22, US time), and how will the Federal Reserve determine interest rates at the FOMC meeting on September 16-17? 3. Bitwise: BTC Will Remain the World's Best-Performing Asset Over the Next 10 Years Later this week, Bitwise will release a major new research report—the inaugural "Bitwise Bitcoin Long-Term Capital Market Forecast." This data-driven report forecasts Bitcoin's returns, volatility, and correlations over the next decade. I'll share a summary of our findings at the end of this memo, but first, let me tell you a little story to illustrate why this report is so important. Click to Read

49,000 ETH Waiting for Unstaking: Is This a Sell-Off Following a Leverage Collapse or a Test of Ethereum's Maturity?

Recently, Ethereum has experienced a rare wave of unstaking, with over 900,000 ETH queued for unlocking, with the longest wait time stretching to 16 days. After hitting a high of $4,789, the price of Ethereum has been falling for nearly a week, plummeting to just over $4,000. 5. How to Calculate BTC's True Return: BTC is a zero-interest asset. Therefore, long-term BTC holders typically focus solely on price increases. However, if your BTC holdings have achieved a 30% compound annual growth rate (CAGR) over the past five years, does this represent BTC's true return? Below are some insights from netizens like @AdamBLiv, compiled here for your reference. Click to read