Core Viewpoint - The article discusses President Trump's upcoming executive order that will allow alternative assets such as private equity, real estate, and cryptocurrencies to be included in 401(k) retirement savings plans, potentially opening up approximately $12.5 trillion in retirement account funds to these industries [1][2][3]. Group 1: Executive Order Details - The executive order will instruct the Department of Labor to reassess the guidelines regarding alternative asset investments in retirement plans as stipulated by the Employee Retirement Income Security Act of 1974 [2]. - The order will also clarify the government's fiduciary responsibilities when offering asset allocation funds that include alternative investments [2]. - The Labor Secretary will collaborate with federal regulatory agencies, including the Treasury and the SEC, to determine if modifications to existing rules are necessary [2]. Group 2: Market Implications - This initiative is seen as the largest move by the Trump administration to introduce private assets into defined contribution accounts and is a significant part of efforts to promote the cryptocurrency industry [3]. - The asset management industry views this as a new opportunity, as the current retirement investment portfolios are primarily focused on stocks and bonds, limiting exposure to less liquid and complex products [4]. - The move is expected to attract both alternative and traditional asset management firms to the defined contribution market, which is seen as the next frontier for growth [4]. Group 3: Potential Benefits and Risks - Allowing private market products in 401(k) plans will provide savers with more investment options and the potential for greater returns, although it may also introduce higher risks and costs [6]. - The initiative aligns with Trump's broader strategy to support the cryptocurrency sector, which includes recent actions such as hosting a "Crypto Week" and signing federal stablecoin regulation [7]. - The argument presented by asset management firms is that the shrinking public market has led to retirement portfolios that do not reflect changes in the financial industry, with private equity assets having more than doubled over the past decade [7].

特朗普将签署行政令，推动私募等另类资产向401K退休计划开放。 据媒体最新报道，美国总统特朗普将于当地时间周四签署行政令，允许私募股权、房地产、加密货币等 另类资产进入401K退休储蓄计划，为这些行业打开约12.5万亿美元退休账户资金的大门。 了解内情的人士透露，该行政令将指示劳工部重新评估《1974年雇员退休收入保障法》规定的退休计划 中另类资产投资的相关指导意见。劳工部还将负责澄清政府在提供包含另类投资的资产配置基金时的受 托责任立场。 该命令还将指示劳工部长Lori Chavez-DeRemer与财政部、证券交易委员会等联邦监管机构合作，确定 是否需要修改相关规则。SEC将被要求为参与者自主导向的退休计划提供另类资产投资便利。 此举预计将成为特朗普政府将私人资产引入固定缴费账户的最大举措，也是其推动加密货币产业发展努 力的重要组成部分。 资管行业迎来新机遇？ 白宫数月来一直在权衡这一指令，旨在缓解长期阻碍另类资产进入大多数员工固定缴费计划的法律担 忧。退休投资组合主要集中在股票和债券，部分原因是企业计划管理人不愿涉足流动性差且复杂的产 品。 另类资产和传统资产管理公司都渴望分享固定缴费市场这块蛋糕，将其 ...

Regulatory Changes & Policy Impact - The U_S government is considering allowing alternative assets like private equity, real estate, and cryptocurrency in 401(k) plans [1] - The U_S Department of Labor (DOL) will reassess guidelines for alternative asset investments in retirement plans [1] - The U_S Department of Labor (DOL) will clarify fiduciary responsibilities related to asset allocation funds including alternative investments [1] - Federal regulators will explore potential rule modifications to facilitate alternative asset inclusion in 401(k) plans [1]

Core Viewpoint - HUT 8, a cryptocurrency concept stock, experienced a pre-market increase of over 3% despite reporting second-quarter revenue that fell short of market expectations [1] Financial Performance - The company's second-quarter revenue was $41.3 million, which was below the market estimate of $51.2 million [1] - HUT 8 reported a net profit of $137.5 million for the quarter [1] - The adjusted EBITDA for the company was $221.2 million, significantly exceeding the market forecast of $33.2 million [1]

本文源自：金融界AI电报 以太坊涨3.2%，向上触及3800美元/枚。 ...

格隆汇8月7日｜BTCS涨超7%，BMNR涨近7%，SBET涨超5%。消息面上，特朗普将签署行政命令允许 加密货币进入401(K)账户。 ...

Group 1 - Dogecoin remains in the top ten by market capitalization since its inception, supported by a strong market presence and rumors of integration with Elon Musk's X payment system, enhancing long-term bullish prospects [2] - Recently, a whale purchased $1 billion worth of Dogecoin within 24 hours, and multiple companies have submitted ETF applications, indicating renewed institutional interest [2] - Despite a 3.5% price increase to $0.205 since August 6, derivative data shows weak rebound potential, with daily trading volume dropping over 20% to $4.14 billion and low short-term speculative participation [4] Group 2 - Open interest increased by 1.66% to $3.05 billion, but short positions dominate, with traders generally bearish and expecting the price increase to be temporary [4][5] - In the last 24 hours, $4.73 million in DOGE positions were liquidated, with shorts accounting for $2.72 million and longs for $2.01 million, indicating significant pressure on long positions [4] - The market sentiment is cautiously optimistic, with a near-neutral long/short ratio of 0.99, but top traders lack bullish confidence, overshadowing spot price rebounds with bearish sentiment in derivatives [6] Group 3 - Dogecoin is at a critical juncture, with resistance at $0.28 and key support at $0.23, while the MACD indicates a bearish trend but is flattening, suggesting a potential shift in momentum [7] - A close above $0.23 could confirm a bullish trend, while a drop below $0.22 may lead to a decline towards the $0.18 support level [9] - The price movement is contingent on breaking through the $0.23 level and the influence of market catalysts [9]

Core Insights - The cryptocurrency market has experienced a significant breakthrough, with Bitcoin's price surpassing $115,000, marking an increase of over 160% since the beginning of the year, attracting global investor attention [1] - Institutional funds and heightened market sentiment are driving this surge, with analysts noting that the Trump administration's favorable policies towards cryptocurrencies have acted as a catalyst for Bitcoin's price increase [1][5] - Bitcoin's performance has led Wall Street institutions to raise their year-end price targets, with predictions suggesting it could reach $130,000 by the end of the year [1] Bitcoin Market Dynamics - Bitcoin trading volume increased by 35% in the past week, reaching a new high for the year, indicating strong market activity [1] - The ongoing inflationary pressures have highlighted Bitcoin's anti-inflation characteristics, drawing more investors seeking asset preservation [1][5] - In July, net inflows into Bitcoin ETFs exceeded $6 billion, setting a historical record and providing robust support for Bitcoin's price [5] Ethereum and Layer 2 Solutions - Ethereum also showed strong performance, with its price breaking $5,800 and active addresses on the network increasing by 23% over the past 30 days, indicating growing user participation [4] - Layer 2 solutions like Arbitrum and Optimism have reached record high locked values, reflecting a healthy development within the Ethereum ecosystem [4] Institutional and Retail Investor Trends - Over 180 publicly traded companies globally hold Bitcoin, with a total value exceeding $140 billion, indicating a trend towards institutional investment that is expected to further drive Bitcoin's price [8] - Retail investor participation is also on the rise, with new wallet addresses increasing by 18% in July, suggesting a growing market engagement [8] XBIT Decentralized Exchange Features - XBIT decentralized exchange offers a secure and transparent trading environment, with features such as no KYC requirements and user control over private keys, catering to the increasing demand for high liquidity and low slippage [4][5] - The platform's efficient clearing mechanisms and diverse trading pairs help users navigate the complex market environment [5][8]

Group 1 - Yisou Technology (02550) rose nearly 12.63% after announcing a share subscription agreement with Lightnet Pte. Ltd., acquiring approximately 1.23% equity for $5 million [1] - Maifushi (02556) fell nearly 2.28% despite a profit forecast of RMB 31.8 million to RMB 41 million for the six months ending June 30, 2025, a significant turnaround from a loss of RMB 820 million in the same period last year [1] - New World Development (00086) increased nearly 4.19% after announcing a profit forecast of no less than HKD 800 million for the six months ending June 30, 2025, compared to HKD 75.4 million in the same period last year [2] Group 2 - Cao Cao Travel (02643) surged nearly 15.68% after signing a strategic cooperation memorandum with Victory Securities to explore virtual asset tokenization and stablecoin applications [2] - Boan Bio (06955) dropped nearly 5.06% after announcing a placement of 48 million shares at HKD 16.42 each, aiming to raise approximately HKD 780 million for R&D and operational purposes [2] - Huaxing Capital Holdings (01911) rose nearly 6%, with a year-to-date stock price increase of 1.1 times, as it plans to invest $100 million in Web 3.0 and cryptocurrency assets [3] Group 3 - Cathay Pacific Airways (00293) continued to decline nearly 3% after a report indicated an 8.3% year-on-year increase in net profit for the first half of the year, but operating profit fell short of market expectations [3] - Keep (03650) rose over 10%, with a cumulative increase of over 22% this week, reporting an adjusted net profit of approximately RMB 10 million for the first half of the year [4] - Smoore International (06969) increased nearly 5%, with BAT's new tobacco product revenue growing 2.4% year-on-year, and Smoore is expected to benefit from this growth [4] Group 4 - Xiaomi Group-W (01810) fell over 4% after Nomura raised its target price by 79% to HKD 61 but downgraded its rating to "Neutral" due to limited upside potential [5] - Apple (AAPL.US) rose 5.09% after announcing a commitment to invest an additional $100 billion in U.S. manufacturing, bringing its total investment commitment to $600 billion [6] - McDonald's (MCD.US) increased 2.98% with second-quarter revenue growing 5.4% year-on-year to $6.84 billion, exceeding analyst expectations [6]

【环球网财经综合报道】日前，Galaxy创始人迈克尔·诺沃格拉茨发表了其对于加密货币的最新看法，这位曾经高 喊比特币将达到100万美元的"超级多头"，却改变了其此前坚持的判断，认为大规模持有加密货币的"金库公司热 潮"可能已经达到顶峰。 银河证券近日发布研报提到，美国《天才法案》以及其他两项关于加密货币的法案通过众议院，继续支持私人部 门数字货币发展并巩固美元地位。 银河证券具体认为，备受关注的《GENIUS法案》建立了稳定币的标准和监管框架，明晰了数字资产的分类和监 管范围；《反央行数字货币监控国家法案》则禁止美联储向个人直接发行央行数字货币，这些法案扩大了美国私 人部门发行影子货币的能力。 ...