[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/ann_en202508061232141410944797.webp) * Market Overview: On August 6, the crypto market remained weak and range-bound. BTC dipped to around 114,000 USDT, facing short-term pressure below key moving averages, while ETH fell below 3,600 USDT with continued bearish momentum. The Fear & Greed Index dropped to 54, reflecting a shift toward cautious sentiment. * Trending Tokens: ILV surged 20.77% as Illuvium launched its $250,000 IPL Pro League and collaborated with TFT players, driving renewed interest in Web3 gaming. ZBCN rose 6.14% following Zebec’s release of Apple Pay-enabled crypto cards catering to multiple user tiers, highlighting its push toward real-world payment adoption. SAROS gained 5.65% after announcing a token buyback and new ecosystem partnerships within the Solana network, boosting community engagement. * Alpha Insights: The U.S. SEC clarified that certain forms of liquid staking do not constitute securities, potentially clearing the way for ETH spot ETFs to integrate staking mechanisms. Swiss-based AMINA Bank became the first regulated financial institution to offer trading and custody services for SUI, signaling growing institutional acceptance of native crypto assets. Mantle’s stablecoin market cap surged nearly 23% over the past week, backed by a strategic reserve of over 100,000 ETH, reflecting strong capital inflows and ecosystem expansion. Discover more details today → Gate Research: SEC Clarifies Liquid Staking Is Not a Security｜Mantle Stablecoin Market Cap Surges Over 20% This Week Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis. **Disclaimer** Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions. Gate Team August 6, 2025 **Gateway to Crypto** Trade over 3,500 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves