In the past hour, total liquidations across the network reached $39.12 million, with $2.77 million from long positions, with $36.35 million from short positions. BTC liquidation $16.11 million, ETH liquidation $18.53 million.

According to data from the prediction market Polymarket, as reported by Odaily Planet Daily, the market is betting on a 75% probability that the US and Iran will reach a ceasefire agreement by August 31, 2026.

According to Odaily Planet Daily, Elvira Nabiullina, Governor of the Central Bank of Russia, stated that Law 1194918-8, which distinguishes between qualified and unqualified investors, is not only applicable to the cryptocurrency sector but is a common regulatory arrangement. Nabiullina explained that the limited scope of participation for unqualified investors is due to government legislation protecting them from uninformed risks. She pointed out that these measures also cover the crypto ecosystem because of market volatility and the potential seizure of foreign digital assets linked to Russia. Law 1194918-8 is expected to take effect on September 1st, coinciding with the launch of the digital ruble. The law stipulates a purchase limit of 300,000 rubles (approximately $3,800) for unqualified investors, while the limit for qualified investors is ten times that amount. Nabiullina stated that the Russian crypto ecosystem remains open, and the repatriation and transfer of digital assets abroad are unrestricted. She added that investors receiving assets abroad are not protected under Russian law, and any issues arising must be resolved within the foreign jurisdiction.

In the past hour, total liquidations across the network reached $39.98 million, with $5.10 million from long positions, with $34.88 million from short positions. BTC liquidation $216,301.97, ETH liquidation $2.12 million.

According to Odaily Planet Daily, OKX market data shows that BTC has broken through 65,000 USDT and is currently trading at 65,028 USDT, with a 24-hour increase of 1.03%.