According to Odaily Planet Daily, Hyperliquid's AQAv2 stablecoin model protocol has already secured support from 19 out of 26 validators and is expected to officially begin payouts on August 26. Circle has already transferred approximately $4.4 billion USDC to Coinbase via the AQAv2 mechanism on HyperEVM, setting a record for the largest single USDC transfer on HyperEVM. The first payout is expected to enter the Assistance Fund on October 3. AQAv2 (Aligned Quote Asset v2), announced by Hyperliquid in May of this year, allows stablecoins, including USDC, that are not exclusively issued by Hyperliquid to obtain "Aligned" status. According to public information, AQAv2 returns the majority of stablecoin yields to the Hyperliquid ecosystem, with 90% of the yields allocated to relevant mechanisms, and subsequently 100% used for buybacks and burning of HYPE tokens. Coinbase has been designated as the funding provider, while Circle will handle the technical deployment. Both parties will also stake HYPE to participate in the mechanism. Previously, this mechanism required the stablecoin to be a Hyperliquid exclusive asset; AQAv2 removes this restriction and will focus on the HIP-4 standardized market and the perpetual contract market operated by validators. AQAv2 is expected to generate up to approximately $200 million in revenue and capture token value through the HYPE buyback and burn mechanism.

Odaily Planet Daily reports that Goldman Sachs stated that market expectations for a Federal Reserve rate hike remain overly aggressive, given that US inflation is cooling. Goldman Sachs Chief Economist Jan Hatzius wrote in a report that the likelihood of a Fed rate hike at its September meeting is "extremely low" due to weak retail sales data, disappointing employment data, and continued slowing inflation. Hatzius wrote, "Based on our baseline economic projections, the probability of further improvement in inflation data over time is higher than the probability of further deterioration. We still believe that the market is pricing in an overly hawkish federal funds rate." Data shows that the market has postponed its expectation of the next 25 basis point Fed rate hike to January next year, while just a week ago the market fully expected a Fed rate hike in December. Goldman Sachs believes that although market pricing is no longer so hawkish, there is still room for rate hike expectations to recede further. (Jinshi)

Odaily Planet Daily reports that Blockstream, a Bitcoin infrastructure development company, announced it has suspended its exchange service for Boltz due to ongoing AI-assisted automated probing and multiple vulnerability attacks. In response, Blockstream will launch its own Blockstream Swaps service. Currently in beta testing, Blockstream Swaps aims to provide the ecosystem with a suite of practical tools and complement existing service providers.

Odaily Planet Daily reports that Glassnode, in an article published on the X platform, stated that while the stock market continues to reach new highs, consumer confidence has recently fallen to historic lows, and this weak sentiment is driving funds away from cash and towards assets such as stocks, AI, and commodities. In contrast, BTC has been significantly neglected in this round of fund rotation.

According to Odaily Planet Daily, trader Murphy (@Murphychen888) published an article on the X platform analyzing data from those holding more than 100 ETH. The analysis revealed that the average cost basis for those holding 100-1000 ETH, 1000-10,000 ETH, 10,000-100,000 ETH, and over 100,000 ETH was approximately $1900, $2000, $2100, and $2400 respectively. This suggests that the average cost basis for high-net-worth individuals and whales holding ETH is primarily concentrated between $1900 and $2400. Murphy stated that a strategy of dollar-cost averaging (DCA) when the ETH price falls below the average cost basis for high-net-worth individuals and whales, and stopping when it returns to that cost basis, combined with the LTH-NUPL indicator, has had a near 99.99% success rate over the past 10 years.