Golden Midday Report | Overview of Important Developments on August 10

[Golden Midday Report | Overview of Important Updates on August 10th] 7:00-12:00 Keywords: ETH, Abraxas, Patrick Witt

1. El Salvador has increased its holdings by 8 bitcoins over the past 7 days, bringing the total holdings to 6,263.18 bitcoins;
2. The market value of ETH surpasses Mastercard, rising to the 25th position in the global asset market value ranking;
3. The market capitalization of Ethereum stabilizes at 500 billion USD, initially reaching the investment threshold for some states in the United States;
4. Abraxas Capital has shorted ETH and multiple other cryptocurrencies with a floating loss exceeding $190 million;
5. White House officials: Trump is open to holding a trilateral summit with the U.S., Russia, and Ukraine in Alaska;
6. Bo Hines, Executive Director of the White House Crypto Council, leaves to return to the private sector, and his deputy Patrick Witt may succeed him.