According to The Block, on August 28th, Osprey Funds, the initiator of Osprey Bitcoin Trust (OBTC), has reached an agreement with Bitwise Bitcoin ETF (BITB) and Bitwise Asset Management. BITB will acquire all assets of OBTC fund. In March of this year, Osprey stated that it was considering other strategic measures such as selling or merging with Bitcoin ETF. Osprey must complete the sale or merger before September 1, 2024, otherwise it will liquidate OBTC. As part of this transaction, OBTC shareholders will receive BITB shares as part of the OBTC liquidation distribution. For existing BITB holders, their shares will not change and the operation of BITB will not change. Prior to BITB's acquisition of OBTC, Bitwise had already acquired ETC Group, a cryptocurrency ETP issuer headquartered in London, on August 19th. Data shows that BITB's assets account for 4.69% of the Bitcoin spot ETF market.

Botanix Labs, a L2 platform specifically built for Bitcoin-native DeFi, has announced the launch of the Aragog testnet, marking the latest testnet version of its Spiderchain Bitcoin L2. Aragog replaces the v0 testnet launched in November 2023 and includes "mainnet pre-deployment" of multiple Bitcoin-native applications. The Botanix team stated in a press release that the Aragog testnet brings blockchain solutions closer to its planned mainnet launch in 2025.

famous election prophet - "Election Prediction Pointer" of The New York Times - latest display shows that based on the data at 10:30 pm local time, it is expected that Donald Trump has an 84% chance of winning and will receive approximately 295 electoral votes.

According to CoinDesk, investment bank Architect Partners has reported that the Bitcoin mining industry is currently in a consolidation phase, triggered by the halving event in April of this year.The report emphasizes that mining companies are seeking large, scalable data center capacity and access to low-cost electricity and capital. The Bitfarms plan to acquire Stronghold Digital Mining is a typical example of recent M&A trends. The report's authors believe that hostile takeovers are not common in talent-dependent technology and financial services industries, but the Bitcoin mining industry is different, with its core assets being physical facilities, power resources, and widely available computing equipment. However, this trend towards consolidation contradicts the original intention of Bitcoin founder Satoshi Nakamoto, who hoped that anyone could participate in mining without concentration of computing power. The impact of the centralization of the mining industry is still to be observed.

GaiaNet CEO and co-founder Matt Wright discusses the two camps in the debate over decentralized artificial intelligence. The first camp prefers a controlled software environment, while the second believes in open and liberal ideals.Wright supports the second camp, stating, "I don't believe in controlling these systems. I think we should guide them properly, and all we can really do is provide secure fences and appropriate dialogue. These systems should not be managed by individuals or governments, and the technology should not be supervised by those who do not use it. On the other hand, Web3 and Ethereum have implemented appropriate on-chain governance. Tokenized entities manage systems in a more democratic way based on their degree of participation."Wright states, "We are now at a critical moment, where institutional recognition of cryptocurrency ETFs as asset classes is incredible, allowing their clients to easily enter the field. Obviously, this will bring a lot of liquidity to the field. The Ethereum community should welcome this attention and make it more focused on developers and construction."Matt Wright is the CEO and co-founder of GaiaNet, an artificial intelligence infrastructure project aimed at decentralizing current AI agent software.

as Bitcoin surpassed $100,000, CZ reposted an old post on X platform from 2021: if selling BTC below $100,000, one should give themselves a slap; in addition, CZ had previously posted similar content in 2019: if selling BTC below $10,000, one should give themselves a slap.

market data shows that UNI has broken through $8.5 and is currently trading at $8.51, with a 24-hour increase of 23.51%. The market is volatile, please exercise caution in risk management.

 Kaili Macro believes that the outcome of the U.S. presidential election is still difficult to predict, but Donald Trump seems to be gradually leading in some key swing states. As of 11:30 pm Eastern Time, The New York Times believes that Trump has a 91% chance of winning and is expected to win 300 electoral votes, far exceeding the threshold of 270 for election, and Trump's winning probability on Polymarket is 94%. The institution also pointed out that the market has already reacted, with the yield on 10-year U.S. government bonds rising from 4.30% a day ago to 4.42%. The U.S. dollar has strengthened, especially against the Mexican peso, and stock futures have risen by 1.2%.

Binance Academy has stated that as of August 2024, EIP-3074 has not yet been launched on the Ethereum mainnet, but is expected to be released along with the Pectra upgrade by the end of 2024. EIP-3074 aims to make Ethereum transactions more secure and user-friendly by introducing AUTH and AUTHCALL operations. These changes can significantly enhance our interaction with Ethereum and open the door for more complex and powerful applications in the DeFi field.

ARK Invest CEO Cathie Wood posted on social media that today is a great day for Bitcoin and digital property. Incoming SEC Chairman Paul Atkins will release the constraints on digital assets imposed by Gary Gensler, protecting private property rights in the digital world.

as reported by Fox News, Trump is expected to win four out of five electoral votes in Nebraska; Harris is expected to win one vote.

On August 27th, according to Fortune, startup company Space and Time, which is supported by Microsoft, successfully raised $20 million in Series A funding. The leading investors include Framework Ventures, Lightspeed Faction, Arrington Capital, and Hivemind Capital. Founded by Scott Dykstra and Nate Holiday, Space and Time is committed to applying the immutability of blockchain to AI technology, aiming to solve identity verification and deepfake prevention problems in the AI field. This funding will help the company further develop its software solution that combines AI and blockchain.

On August 28th, blockchain analyst Yu Jin stated on X platform that ByBit and FTX swapped platform coins in early November 2021: ByBit exchanged 100 million BIT for 3.36 million FTT from FTX, and both parties promised not to sell within 3 years. The 3-year lock-up period is about to end in 2 months, and it is likely that there will be a sell-off after the restriction is lifted. At the time of the exchange, the values were equivalent, but now there is a significant difference in value: 100 million BIT is worth $57.73 million, while 3.36 million FTT is only worth $4.47 million. It is reported that BitDAO (BIT) has been upgraded to Mantle (MNT).

nearly one-third of the "30 under 30" financial figures in Forbes 2025 list in the North American crypto industry are occupied by the younger generation, including 14 founders from 9 crypto or blockchain related companies. The founders of cryptocurrency companies (10 males and 4 females) occupy 9 out of 30 seats in the financial category of the annual list released by Forbes on December 4th (some rankings are the same). The list aims to list at least 30 North American business leaders under the age of 30 in each category, such as finance and technology.

on November 5th local time, Pennsylvania Secretary of State Al Schmidt stated that due to "software malfunctions," earlier that day, Cumberland County was manually counting votes that could not be scanned in the polling district, which may "take some time." It is reported that manual vote counting is usually completed by "two party teams working together." Schmidt stated that the entire process will be open for observation by candidates and authorized representatives.

On November 1, blockchain game company 81Ravens raised $4.5 million for its arena shooter game Paravox, led by Japanese investors Digital Hearts Holdings and Gree Ventures. The company plans to use the funds for further development and marketing of Paravox. The game will be released on the Solana blockchain.

On August 28th, according to the Hong Kong Economic Times, in response to the recent financial product reform and innovation promoted by Hong Kong's financial regulatory agencies, BOCI Securities Limited has begun asset allocation and is currently actively promoting virtual asset futures ETFs.

although it is still too early to draw conclusions about the White House race because many key battlefield states have not yet determined the outcome, there are clear fund flows in various fields such as the government bond market and gambling websites, indicating that Trump is not far from victory. The yield on 10-year US government bonds has risen by nearly 20 basis points, while the yield on similar Australian bonds has risen by nearly 12 basis points. The US dollar has strengthened and the stock market has generally risen. Craig Vardy, head of fixed income at BlackRock, said that the interest rate market is "bear steepening", which is the trend under the expectation of Trump's victory.

 as the vote counting results of the US presidential election were released one after another in the evening, traders reduced their bets on the Fed's interest rate cuts next year on Tuesday. Interest rate futures traders continue to bet that the Fed will cut interest rates by 25 basis points each in this week and December, but now expect the Fed to stop cutting interest rates after two 25 basis point cuts in the first half of 2025, with the federal funds rate target range lowered to 3.75%-4%.

Guotai Junan International Holdings Limited has released an unaudited interim performance announcement for the six months ended June 30, 2024. The announcement revealed that Guotai Junan was the first to launch structured notes linked to virtual asset spot exchange traded funds (ETFs) in the Hong Kong market, adding a new element to its diversified product services. It also actively responded to the Hong Kong government's new capital investment entrant scheme (CIES). Guotai Junan said that the Hong Kong government has actively promoted policies and measures to promote local economic development, attract investment, and the market expects the IPO market to gradually regain momentum. At the same time, local regulation is expected to accelerate the landing of regulatory measures for virtual assets, which is conducive to the launch of diversified products.