Wukong Solution Information Issue 155: BTC approaches 70,000, HYPE rises by more than 20%, the US Treasury Department expands buybacks, Trump talks about cryptocurrency reserves, CFTC and FTX reconcile, Huang Licheng’s ETH long order recovered but still lost 31.5 million | August 20 currency circle news

Original author：AI悟空说

Original source：https://www.youtube.com/embed/2uhpP3PiPX0

The U.S. Department of the Treasury will at least double the scale of long-term Treasury bond repurchase operations. Berachain stablecoin HONEY is renamed Bera USD (BUSD). The U.S. CFTC reached a law enforcement settlement with former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang. Hong Kong ZD Group’s HK$1 billion “new” fund case was classified as a fraud by the Hong Kong police. The first meeting of the U.S. CFTC Innovation Advisory Committee will be held in the early morning of August 21st Strive CEO: The U.S. dollar may enter a multi-year down cycle and may become the strongest macro environment for Bitcoin in the next 5 to 7 years. Standard Chartered Bank analyst: Bitcoin may hit $100,000 by the end of the year. Trump said that the CFTC is promoting the introduction of Hyperliquid into the United States in a compliant manner. HYPE rose by more than 20% in 24 hours. Trump urged Congress to advance the CLARITY Act at the White House crypto event. Trump: The United States has discussed plans to accumulate large-scale reserves of Bitcoin and other cryptocurrencies. Coinbase, Ripple and other crypto executives met with the U.S. Commerce Secretary to discuss promoting the Clarity Act. Yushu Technology Wang Xingxing: The current efficiency of humanoid robots is relatively low, and it will be promoted on a large scale after the technology is refined. The crypto market liquidation in the past 24 hours reached US$2.98 billion, which is the eighth largest liquidation event in history. Huang Licheng’s ETH long order has gained US$3.34 million, but the total loss is still as high as US$31.5 million.