BlockBeats news: On August 21, the cryptocurrency sector warmed up for the third consecutive day, with Bitcoin briefly breaking through $75,000 early this morning and currently holding near the $74,500 mark. Following a series of positive remarks on the cryptocurrency sector by U.S. President Trump on Wednesday, the U.S. Commodity Futures Trading Commission (CFTC) Innovation Advisory Committee held its inaugural meeting on Thursday, chaired by CFTC Chairman Michael S. Selig and others. The atte

BlockBeats news, on August 21, the U.S. Commodity Futures Trading Commission (CFTC) held its first Innovation Advisory Committee meeting this morning, focusing on three major topics: the evolution of crypto regulation, artificial intelligence and intelligent financial markets, and prediction markets. The first session, "Evolution of Crypto Regulation: From Uncertainty to Clarity," discussed the development of the U.S. crypto asset market, regulatory fragmentation caused by state-level licensing

BlockBeats news, on August 21, 21Shares posted that the selling pressure in the Bitcoin market may be nearing exhaustion. Data shows that the Bitcoin Seller Exhaustion Constant is currently about 0.007, which is in the lowest 0.3% range of all readings since 2010. 21Shares stated that this is the 11th time in Bitcoin's history that such a low reading has appeared. After the previous 10 similar occurrences, BTC's performance one year later was higher than at that time, with a median increase of

BlockBeats news, on August 21, market analysts believe that legendary investor Stanley Druckenmiller has recently made a large allocation to the S&P 500 Equal Weight ETF (RSP), possibly betting that the market breadth of the U.S. stock bull market is expanding. Druckenmiller had previously increased his holdings of RSP to become one of the key positions in his portfolio. Unlike the traditional S&P 500 index which is weighted by market capitalization, RSP allocates almost equally among S&P 500 c

BlockBeats news, on August 21, U.S. Treasury bonds recently experienced a sharp sell-off, with long-term yields rising to the highest level since 2007. However, Federal Reserve officials downplayed market concerns about "policy credibility damage." San Francisco Fed President Daly and St. Louis Fed President Mester both believe that the rise in long-term Treasury yields is more due to government financing needs and funding demands from AI infrastructure construction, rather than uncontrolled inf

BlockBeats news, on August 21, the U.S. Commodity Futures Trading Commission (CFTC) recently disclosed that the U.S. District Court for the Southern District of New York has issued supplemental consent orders against former Alameda Research CEO Caroline Ellison and Alameda, FTX co-founder Gary Wang, officially resolving the CFTC's enforcement cases against both individuals. According to the court order, Ellison and Wang must continue to cooperate with the CFTC investigation. Ellison is subject

BlockBeats news, on August 21, NFT content distribution platform XCAD Network announced it will gradually cease operations. The project team stated that the company currently has no remaining funds, and maintaining the token's listing on trading platforms has become a "doomed losing battle." Existing products and services will no longer be maintained. XCAD Network said the company has been operating for about 5 years and is one of the few projects that have maintained operations for many years

BlockBeats news, on August 21, Terry Duffy, Chairman and CEO of the Chicago Mercantile Exchange (CME) Group, stated this morning at the CFTC Innovation Advisory Committee meeting that trade.xyz and Hyperliquid are having a substantial impact on the U.S. market. trade.xyz is a major market builder on the Hyperliquid chain, focusing on perpetual contracts for stocks, commodities, and Pre-IPO, with its trading volume accounting for a significant share of Hyperliquid. Duffy has previously publicly

BlockBeats news, on August 21, the first Innovation Advisory Committee of the US CFTC held a meeting this morning, where Multicoin Capital co-founder Tushar Jain made three proposals. First, provide a safe harbor or innovation exemption mechanism for emerging markets such as computing power derivatives, allowing developers to test new products and business models within a compliance framework. Second, support DeFi in adopting compliant privacy and confidentiality tools that protect institution

BlockBeats news, on August 21, John Ternus, Apple's Senior Vice President of Hardware Engineering, will succeed Tim Cook as Apple's CEO on September 1, 2026. Cook will become the Executive Chairman of the Board and continue to assist with company affairs. Since taking the helm of Apple in 2011, Cook has overseen a total stock return of approximately 2740%, with the market value increasing to about $4.63 trillion. Meanwhile, Apple's latest financial report shows that R&D investment in the third