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5 Must-Read Articles for the Evening | How to Calculate the Real Return Rate of BTC
What made Google choose TeraWulf for the $132 million entry into the encryption mining industry?
On August 14, 2025, Bitcoin miner TeraWulf announced a $3.7 billion deal to lease computing resources to the AI cloud platform Fluidstack. Additionally, Google will provide an $1.8 billion lease obligation guarantee for Fluidstack and will receive warrants for approximately 8% equity in TeraWulf. Click to read.
2. Interest Rate Cut Expectations, DAT Game Theory, and Market Indicators: When Will the Bull Market Peak Appear
What signals did Federal Reserve Chairman Powell release at the Jackson Hole meeting (Thursday, August 22, U.S. time), and how will the Federal Reserve determine interest rates at the FOMC meeting on September 16-17? Click to read.
3. Bitwise: BTC will still be the best-performing asset in the world over the next 10 years.
Later this week, Bitwise will release an important new research report - the first "Bitwise Bitcoin Long-Term Capital Market Expectations." This report will use data to predict the return, volatility, and correlation of Bitcoin over the next decade. At the end of this memo, I will share a summary of our research findings, but first, I want to tell a little story to illustrate why this report is so important. Click to read.
49,000 ETH queued for unstaking: Is it a sell-off after the leverage collapse or a litmus test for Ethereum's maturity?
Recently, Ethereum experienced an unprecedented wave of unstaking, with over 900,000 ETH queued to enter the exit queue, waiting to be unlocked, with the longest wait time reaching 16 days. Meanwhile, after Ethereum's price surged to a high of $4789, it has been declining for nearly a week, dropping to just over $4000 at its lowest. Click to read.
5. How to Calculate the Real Return Rate of BTC
As we all know, BTC is a zero-interest asset. Therefore, long-term holders of BTC usually can only focus on the rise in the price of BTC itself. However, if your BTC position has had a compounded annual growth rate (CAGR) of 30% over the past five years, does this represent the real return on BTC? Below are some views from netizens such as @AdamBLiv, compiled by the teaching chain for the readers. Click to read.