Odaily News: CZ stated on the X platform that the second-largest anonymous donor to Giggle was his previous "public address," thanking all those who contributed.

CZ previously stated that the BNB in the "public address" and the "Binance People" tokens purchased with BNB would be donated to Giggle Academy. He will then stop using this address, turning it into a burn address to avoid the community over-interpreting operations on the public address.

Odaily News: South Korean financial regulators plan to strengthen oversight of structured products such as ELS starting next month, requiring brokerages to issue warnings to investors when products approach the Knock-in trigger line for principal loss, and to reassess product design and sales when market conditions change and risks rise significantly.

It is understood that the South Korean stock market has recently experienced significant volatility, but retail investors' appetite for high-risk investments has not noticeably cooled. After regulatory tightening on single-stock leveraged ETFs, some investment has shifted toward equity-linked securities (ELS) offering high "coupon" yields. Data released by the Korea Financial Investment Association shows that ELS sales in South Korea reached 3.5 trillion KRW in July, hitting a new high since April 2023 and marking the strongest performance in over three years. ELS products based on Samsung Electronics and SK Hynix stocks have become the main growth driver.

Analysts believe that behind investors' pursuit of high yields lies optimism about the AI chip cycle and the future performance of semiconductor leaders. Although Samsung Electronics and SK Hynix stock prices have rebounded recently, they remain more than 22% below the historical highs set in June. Some investors believe that growth in HBM (High Bandwidth Memory) demand and the two companies' expanded shareholder return programs are expected to reduce the risk of further declines. (Bloomberg)

Odaily Planet Daily News According to Hyperbot data, Machi Brother has once again opened a 40x leveraged long position on Bitcoin. The current position holds 50 BTC, with floating profits of approximately $8,237 and an average entry price of $76,712.2. Currently, Machi Brother's overall position value is approximately $103 million, including long positions of 28,250 ETH, 253,000 HYPE, and 2,236,488,191 HYPE.

Odaily报道 江卓尔在 X 平台发布比特币历史周期对比图，并表示如果本轮周期低点位于 5.78 万美元附近，从历史周期走势来看，本轮市场调整幅度和持续时间与前三轮周期相比已较为接近，当前大量投资者可能处于“踏空”状态。

江卓尔表示，随着市场横盘震荡持续，投资者错失行情的焦虑情绪（FOMO）可能逐渐升温，一旦资金重新涌入，市场进一步下跌的空间或将受到限制。他认为，后续走势可能参考 2021 年底行情中的“黄金坑”，届时回调买入机会可能短暂出现。

Odaily News: Metaverse gaming platform The Sandbox has confirmed a vulnerability in its cross-chain bridge, allowing attackers to mint unbacked SAND on Base and BNB Smart Chain. Blockchain security firm PeckShield detected on August 21 that two addresses had collectively minted approximately 14.9 billion SAND. The Sandbox subsequently shut down bridging functionality on both networks.

The Sandbox stated that the affected assets are bridged assets on Base and BNB Smart Chain, while SAND on Ethereum and Polygon, user wallet assets, and the Ethereum-locked assets backing the token remain unaffected. The proportion of genuinely collateralized assets involved in this incident is less than 0.01% of the total SAND supply.

The Sandbox is developing a compensation plan for affected liquidity providers and advises users not to trade SAND on Base or BNB Smart Chain until bridging is restored. Coinbase plans to delist 10 perpetual futures contracts, including SAND, on August 26, with open positions to be automatically settled at that time. (Bitcoin.com News)

Odaily Odaily Planet Daily News According to Onchain Lens monitoring, Machi (0x020...872) holds 28,450 ETH long positions worth $68.56 million, currently with unrealized profits of $1.49 million. Previously, Machi experienced multiple liquidations and sold NFTs and other spot assets to continuously fund trading. Subsequently, it established HYPE and PUMP long positions again, with the HYPE long position losing $117,600 within 11 hours and the PUMP long position losing $158,600 within 2 hours. Machi has made profits of $7.81 million in the past 30 days, with cumulative losses of $28.04 million.

Odaily News - CryptoQuant analyst Darkfost stated on the X platform that the altcoin market has recently shown clear signs of recovery, with market structure undergoing changes, and "Altseason" may have entered its early stages. Data shows that from August 19 to 22, the total market cap of altcoins increased by approximately $215 billion, surging over 24% in just 3 days, pushing the total altcoin market cap back above $1 trillion.

Darkfost pointed out that mid- and small-cap altcoins have performed the strongest in this rally. Due to their lower circulating market caps, these assets are more sensitive to capital inflows, while also carrying higher two-way volatility risks.

Data from the Binance platform further reinforces the signals of an altcoin market recovery. Since last November, approximately 80% to 85% of altcoins have remained below the 200-day moving average (200-DMA), but currently 56% of Binance-listed altcoins have climbed back above this key technical indicator, suggesting the market may be entering a new cyclical phase.

Darkfost believes this trend reversal is linked to a series of positive cryptocurrency signals recently released by Trump. On August 19, Trump stated that the U.S. would "massively purchase Bitcoin" and urged Congress to push through the CLARITY Act, while claiming his administration had ended previous unfriendly policies toward the crypto industry. These remarks boosted market sentiment, and against a backdrop of low trading volume and reduced selling pressure, substantial capital began flowing into the altcoin market, driving gains across multiple sectors simultaneously.

Darkfost noted that from a historical perspective, the current broad-based altcoin rally is typically viewed as an important signal of the early stage of altseason. However, he also cautioned that the market has entered overbought territory in the short term, and investors should be wary of periodic pullbacks. If the overall upward momentum continues, new investment opportunities may still emerge down the road.

Odaily News: According to Onchain Lens monitoring, FalconX transferred 80,200 HYPE tokens, worth $6.27 million, to Gate over the past day, possibly for sale.

Odaily News: Robert Kiyosaki, author of "Rich Dad Poor Dad," posted on social platform X that the new round of quantitative easing (QE) policy in the United States could lead to a decline in the purchasing power of the US dollar and further push up inflation risks. After the US Treasury Department announced a new round of QE, the US dollar index (DXY) may weaken, which means inflation pressure will rise, and those holding cash dollar savings could become the biggest losers. He warned investors not to rely on depreciating fiat currencies but instead focus on assets that can appreciate over time.

Robert Kiyosaki stated that financially literate investors tend to allocate assets such as gold, silver, Bitcoin, and certain real estate, while investors who lack financial education and hold "fake assets" for the long term may face a decline in their wealth. He once again emphasized the importance of financial education, citing his "Rich Dad" perspective: "The biggest cost is not the time and money spent on financial education, but the money that could have been earned but was missed."

Analysis suggests that Robert Kiyosaki has long been bullish on inflation-resistant assets such as Bitcoin and gold, and has repeatedly criticized the US dollar credit system. However, his views on QE and dollar policy are personal market judgments, and the actual monetary policy path still depends on US economic data and Federal Reserve decisions.

Odaily News, according to a research report by CITIC Securities, the recent correction in tech stocks cannot be simply attributed to high long-term U.S. Treasury yields. Behind the correction lies the issue of forward pricing for AI-related stocks, with three key narrative variables:

1) Whether the pace and scope of commercialization can keep up with market expectations;

2) Whether computing power advantages translate into market share and pricing power advantages;

3) Whether the current gap in computing power will significantly widen the long-term gap in AI models.

The current consensus concern is the pace and scope of commercialization, while the biggest potential variable is whether "distillation prevention" will re-widen the model gap in the future. As for macro factors, the impact of the U.S. Treasury's announcement to buy back long-term bonds is very limited. However, in the short term, both a weaker U.S. dollar and weaker rate hike expectations are conducive to the convergence of the global market's K-shaped divergence. Nevertheless, the factors driving the sustained rise in long-term U.S. interest rates have not fundamentally changed, and persistent disruptions may continue to emerge in the coming period. Under the influence of these external disturbances, the capital structure of the A-share market in the short term determines that the complexity of market gaming is still increasing. During such a volatile market phase, one should manage psychological expectations and avoid excessive grand narratives.

Odaily News According to on-chain analyst Ai Yi's monitoring, a whale who has been cyclically leveraging long positions on ETH and BTC has taken profits on another $7.24 million worth of ETH. The whale deposited 3,000 ETH into Binance 4 hours ago, with an average withdrawal price of $1,776.83 and an average deposit price of $2,413.4. If sold, this would yield a profit of $1.91 million. Since August 19, the whale has deposited a total of 13,887.15 ETH into exchanges, with cumulative profits reaching $6.727 million.

Odaily News: Since the launch of U.S. spot Bitcoin ETPs in January 2024, listed companies and U.S. spot Bitcoin ETPs have purchased 1.55 million BTC, while the newly added Bitcoin supply during the same period is approximately 455,000 BTC. Purchases have reached 3.6 times the new supply, and the gap continues to widen.

Odaily News, according to Hyperbot data, Machi Big Brother (Jeffrey Huang) has just opened a 10x leveraged long position on PUMP, and currently holds 2.075 billion PUMP tokens, worth approximately $10.55 million, with an unrealized loss of $358,000. Currently, Machi Big Brother also holds a 25x leveraged long position on Ethereum, with a position of 29,200 ETH, and a 10x leveraged long position on HYPE, with a position of 245,000 HYPE tokens, bringing the total position value to approximately $100 million.

Odaily News, "White-Haired Stock Guru" Serenity stated on the X platform that following a series of Fact Sheets released by the U.S. government recently, the country's future priority industries and strategic directions can now be seen more clearly.

Serenity pointed out that this week, the U.S. government released policy documents related to the "Golden Age of Space Transportation," with the space industry becoming a key area of focus. She believes that relevant policy goals will drive the development of the launch industry and may benefit space supply chain companies, including rocket manufacturers and other enterprises.

The U.S. government has proposed a target of achieving 1,000 launch and reentry missions per year by 2030, with rocket companies such as Rocket Lab (RKLB) expected to be beneficiaries. In addition, Serenity stated that other policy areas of U.S. focus this month include: tariffs on drone components; cooperation on U.S. mining and critical mineral resources; adjustments to polysilicon supply chain tariffs; and other strategic industrial policies. By continuously monitoring U.S. government policy documents, it is possible to more directly assess the industry sectors that capital markets will focus on in the future, helping investors identify potential industrial opportunities.

Odaily News Crypto analyst Ali posted on social platform X, stating that the end phases of Bitcoin’s two historical bear markets both exhibited a key characteristic—a sudden, powerful weekly reversal pattern. These “massive bullish candles” often catch the majority of market participants off guard and may serve as a signal for the start of a new bull market. Such moves are typically driven by “short squeezes.” As Bitcoin’s price rises, bearish traders continue to add short positions, but as the rally accelerates, these shorts are forced to cover, further fueling the upward momentum.

Historical data shows that in 2019, near the end of Bitcoin’s bear market, a single week saw a 31.98% surge, followed by the onset of a new upward cycle. In January 2023, amid extremely pessimistic market sentiment following the FTX collapse, Bitcoin posted a 24.90% weekly gain, reversing prior bearish expectations.

A similar pattern may now be unfolding in the current market. Although many investors, based on the “four-year cycle theory,” anticipated a market bottom in October, Bitcoin has recently rallied from $62,700 to $79,500, a one-week gain of 26.81%. If historical patterns hold, this robust weekly reversal could indicate that Bitcoin (BTC) has already entered the early stages of a new upward cycle.

Odaily Planet Daily reported that the Hong Kong Securities and Futures Commission has added "King Kong Coin / King Kong Fund" to its list of suspicious investment products related to digital tokens. The SFC stated that the product involves a digital token named King Kong Coin, which claims to represent interests in a fund investing in ancient artworks and historical relics, known as the "King Kong Fund," with a target annualized return of over 30%. Promotional activities previously held in Hong Kong marketed the product to investors, and the SFC has reminded investors to be wary of any social media accounts or posts related to the product.