Odaily News: Sparrow Wallet v2.5.4 has been released following an extensive AI-assisted review, featuring multiple security hardening updates aimed at reducing users' reliance on external servers such as Electrum.

Additionally, this version strengthens Ledger, Keycard, Trezor, Payjoin, PSBT, and multi-signature handling, removes Bitcoin Core credentials and other sensitive information from debug logs, restricts permissions for existing wallet and backup directories to owner-only access, closes residual local DNS resolution leaks when using Tor, and reinforces validation for wallet import, signing, downloads, and server responses. The update expands Sparrow Wallet's scope of independent verification for transaction data, hardware devices, and other inputs, reducing dependence on data provided by external servers. (Bitcoin News)

Odaily星球日报讯 杰克逊霍尔年会尚未开幕，外汇市场已经先动了。美元看涨对冲需求升温，本周迄今期权资金过半押注美元走强，风险逆转指标的看空倾向也大幅收窄。

期权资金流向显示，本周美元走强的对冲需求明显升温。芝加哥商品交易所集团（CME Group）的数据显示，截至目前，57.2%的美元期权资金流押注美元兑主要货币走强，高于上周的 43.2%；风险逆转指标显示，市场对美元的看空倾向也大幅收窄。

美元此前一度因美国财政部长斯科特·贝森特（Scott Bessent）突然干预债市而承压，但随后已经收复此前跌幅的一半。

ING 货币策略师弗朗切斯科·佩索尔（Francesco Pesole）认为，沃什的讲话可能成为外汇市场的关键事件，在结果明朗前，交易员可能不愿大举做空美元。

Odaily News Nvidia's latest earnings report and guidance surpassed expectations, boosting bullish sentiment on Wall Street, with over a dozen major banks including Morgan Stanley, Citi, and Mizuho raising their price targets in quick succession. At least 13 institutions have raised their Nvidia price targets, with Raymond James Financial raising its target from $352 to $515, marking the highest current price target; Melius Research raised its target from $400 to $420, Bernstein from $315 to $400, and Rosenblatt Securities from $325 to $390. Based on Nvidia's 24.1 billion shares outstanding, the $515 price target corresponds to a market capitalization of approximately $12.4 trillion.

Nvidia's latest earnings report comprehensively beat expectations: Q2 FY2027 revenue came in at $96.2 billion, up 106% year-over-year; adjusted earnings per share were $2.22, up 120% year-over-year; data center revenue reached $89 billion. The company guided Q3 revenue to a midpoint of $108 billion and expects FY2028 revenue growth of approximately 70%, significantly higher than the market's prior expectation of around 45%. (CLS)

Odaily News The number of Americans filing new applications for unemployment benefits fell last week, indicating that the U.S. labor market remains stable despite an unexpected decline in July employment figures. The Labor Department reported Thursday that initial claims for the week ending August 22 decreased by 4,000 on a seasonally adjusted basis to 203,000, compared with economists' expectations of 208,000.

Initial claims are currently at the lower end of this year's range of 189,000 to 230,000, suggesting that layoffs remain low even as hiring activity softens. The U.S. unemployment rate edged down again last month to 4.1%, near historic lows. If the labor market continues to hold steady, the Federal Reserve may be able to keep its focus on controlling inflation. U.S. inflation has remained above the Fed's 2% target for 65 consecutive months. Data also showed that continuing claims fell by 18,000 to 1.778 million, a metric that serves as a reference point for hiring conditions.

Odaily News, Hyperliquid Policy Center stated on the X platform that perpetual contracts should be central to the innovation agenda of the U.S. Commodity Futures Trading Commission (CFTC). The agency has submitted a statement ahead of the first meeting of the CFTC's Technology Advisory Committee on August 20, noting that perpetual contracts are expanding beyond digital asset markets into traditional asset classes such as equities and commodities, and that demand for these products among U.S. market participants is rising. Perpetual contracts can meet the risk management needs of various market participants, particularly suited for airlines hedging fuel costs, investment funds managing portfolio exposure, and AI developers addressing compute costs—exposures that are ongoing and have no defined expiration date. Compared to futures with fixed expiration dates, perpetual contracts require no rollover and face no expiration or delivery issues, using periodic funding rates to anchor the contract price to the underlying asset. Currently, on Hyperliquid, perpetual contracts deployed by third-party developers have covered over 80 traditional commodity and stock markets, with cumulative notional trading volume exceeding $500 billion. The CFTC has taken multiple steps this year to facilitate the launch of perpetual contract markets in the U.S. In May, the CFTC approved the first perpetual futures contract listed in the U.S. and issued a policy statement on listing perpetual contracts along with guidance on continuous trading; in June, the CFTC sought public comment on expanding perpetual contracts to energy commodities and further consulted on compute derivatives. Additionally, Hyperliquid Policy Center believes that on-chain infrastructure can also modernize U.S. derivatives markets within the existing regulatory framework. Public blockchains can openly record markets, orders, and positions, conduct margin assessments programmatically on an ongoing basis, and enable real-time collateral transfers, thereby reducing counterparty credit risk and settlement risk. The agency will continue to provide research and technical documents to the CFTC's Technology Advisory Committee and committee staff, and work to establish a pathway for U.S. market participants to access on-chain markets in a compliant manner. The agency believes that perpetual contracts represent one of the most notable financial innovations of the past decade and should be further developed in the U.S. market.

According to Odaily, Alphabet (Google's parent company) has seen its stock price remain under pressure recently. Since hitting an all-time high in May, its market capitalization has shrunk by approximately $692 billion, as concerns over its AI competitiveness continue to escalate.

Over the past year, investors once viewed Alphabet as one of the biggest winners of the AI wave. As of May 13, the company's stock had surged over 150% in the preceding 12 months, making it one of the best-performing stocks in the S&P 500 during that period, with gains significantly outpacing other members of the "Magnificent Seven" tech giants.

However, as the market reassesses Google's leadership in AI, Alphabet's upward momentum has begun to reverse. Investors now worry about the outflow of core AI talent at the company and the potential loss of its competitive edge in the generative AI race.

Analysts believe that as AI firms like OpenAI and Anthropic continue to drive innovation in models and products, Alphabet must prove that its AI ventures, such as Gemini, can translate into tangible commercial growth to regain market confidence. (Bloomberg)

Odaily News: Ahead of the US stock market open, here are the key market and financial news investors need to watch:

1. The three major US stock index futures are showing mixed trends. Dow Jones futures fell 0.11%, S&P 500 futures rose 0.39%, and Nasdaq 100 futures gained 1.02%.

2. International oil prices edged slightly higher. WTI crude oil futures rose 0.18% to $82.381 per barrel; Brent crude oil futures gained 0.32% to $87.217 per barrel.

3. International spot gold and silver traded in a narrow range. Spot gold prices slipped 0.01% to $4,594.00 per ounce; spot silver prices rose 0.34% to $68.33 per ounce.

4. Europe's three major indices were mixed. The UK's FTSE 100 fell 0.43%, France's CAC40 dropped 1.01%, and Germany's DAX30 gained 0.27%.

5. Nvidia is accelerating its layout across the full AI ecosystem chain, reportedly acquiring open-source AI model collaboration platform Hugging Face for $12.9 billion.

6. Amazon announced plans to deploy an additional 2 million Nvidia GPUs across its Amazon Web Services (AWS) global infrastructure between 2027 and 2028. The chips involved in this latest deal include Blackwell Ultra, Rubin, and Rubin Ultra graphics cards.

7. Qualcomm is teaming up with Samsung Electronics, SK Hynix, and TSMC to advance the commercialization of HBC (High Bandwidth Computing) chips, with the first-generation products expected to ship next year.

8. Kioxia and SanDisk plan to invest over 5 trillion yen ($31.4 billion) to boost production capacity in Japan, aiming to increase output of the latest high-density 3D NAND flash memory chips currently in short supply.

9. The NASA Administrator suggested establishing space data centers, saying they could be powered by solar energy to help alleviate US electricity shortages without competing with communities for land.

10. According to the official website of the Center for Drug Evaluation (CDE) of China's National Medical Products Administration, Novo Nordisk's submission for Wegovy® tablets (semaglutide tablets) for long-term weight management has been officially accepted for review.

Odaily News – Bitcoin's “Realized Cap Impulse” indicator has recently ended its 93-day negative streak and turned positive for the first time, marking a reversal signal after the longest capital contraction cycle since the 2022 bear market.

The indicator tracks the momentum of changes in Realized Cap, combined with Bitcoin’s supply and price factors, to measure whether token flows with actual economic significance in the network are driving an expansion of the capital base. The shift to positive is not merely a reflection of rising prices, but rather indicates that the state of capital flows within the Bitcoin network is undergoing a change.

Data shows that the indicator crossed above the zero line on August 20 when BTC was priced at approximately $73,000, and has maintained a positive reading for eight consecutive days. BTC has since risen to around $78,900, an increase of roughly 8% over the period. As of the latest reading, the indicator stands at 0.198, below the peak of 0.226 reached on August 26.

Historical data shows that similar late-cycle bear market signals have previously accompanied significant Bitcoin rebounds: after the indicator turned positive in September 2015, Bitcoin rose approximately 160% within a year; after March 2019, it gained about 173% in 90 days; and following January 2023, it climbed roughly 45% in 90 days, with a one-year gain of 104%.

However, the Realized Cap Impulse indicator is not an absolute cycle-bottom signal. Similar turnarounds occurred in 2018 and early 2022, but markets did not immediately enter sustained uptrends afterward. Analysts suggest that the indicator maintaining a sustained positive reading, confirmed by price action, carries more reference value than a single-day breakthrough of the zero line.

Odaily News: Between January 2025 and July 2026, a total of 245 security incidents were recorded. The top ten attack events accounted for over 72.5% of stolen funds. Supply chain and infrastructure vulnerabilities remain the primary security risks facing both CEXs and DEXs, with related losses exceeding $1.8 billion. Private key leakage is the most common risk for CEXs, while DApps lost approximately $546 million due to smart contract vulnerabilities. Among the 147 incidents involving platforms that had completed independent security audits, stolen funds accounted for 88.44% of total losses. Most attacks fell outside the scope of traditional audit coverage, with common causes including external infrastructure, unaudited code updates, and governance attacks. Only about 11% of incidents involved smart contract defects within audit scope.

Odaily News: Initial jobless claims for the week ending August 22 came in at 203,000, compared with expectations of 208,000, and the previous week's figure was revised down to 207,000 from 206,000. (Jin10)

Odaily News: The White House stated regarding the Iran issue that no negotiations are currently underway, and all options remain on the table.

Odaily News: Solana's double deflation proposal has reached quorum 27 hours before the voting deadline, with current participation at 33.84%, of which 25% voted in favor. If the proposal is passed, Solana's deflation rate will double to 30%, and it is expected to reduce SOL issuance by approximately 18.9 million over six years, worth about $1.47 billion at current prices. (SolanaFloor)

Odaily News: Federal Reserve's Goolsbee stated that the biggest short-term concern is that inflation has not been brought under control. The current labor market, characterized by low hiring and low layoffs, is unusual, and the three-month inflation data does not look bad. (Jin10)

Odaily News: Jing Tian Studio has issued a stern statement: "Reputation is an artist's lifeblood, and also their vulnerability. But we have the courage to say no to provocative behavior that holds an artist's reputation hostage. Upholding our belief in the law and strictly following legal procedures, we have no intention of occupying public resources and will leave everything to the courts. Other than disclosing updates on our rights protection efforts moving forward, we will not respond to any other questions."

Odaily News: "Sun Yuchen sues Jing Tian" has topped the Weibo entertainment hot search list. Earlier reports indicated that Sun Yuchen's attorney Zhang Qihuai stated that Sun has filed a civil lawsuit against Jing and her parents over property disputes, with the case involving over 30 million yuan and having been legally filed with the court.

Odaily News - Liquid staking protocol Lido has announced an update to the EarnETH Vault fee structure, adopting a more flexible performance-linked fee model to reduce holding costs for users and strengthen the alignment between yield distribution and product performance.

Under the new structure, EarnETH fees will shift from the previous "1% AUM fee + 10% performance fee" to a maximum of "0.5% AUM + 20% performance fee" model. The new fee structure will launch with "0.2% AUM + 15% performance fee," with any future adjustments to be announced separately.

Lido stated that reducing the management fee from 1% to 0.2% will lower the cost of holding EarnETH for users in low-yield environments, while the increased performance fee ratio will better tie protocol revenue to the Vault's actual performance. All currently effective fees will be transparently displayed on the EarnETH Vault interface.

This adjustment aims to optimize the fee mechanism of the EarnETH yield product, enhance fee flexibility, and strengthen alignment between users and the product's yield performance.