Odaily News: The market is supported by liquidity from 250 million WLFI and 12.5 million USD1 tokens.

Odaily News: Bitcoin's market cap is temporarily reported at $1.5 trillion, surpassing Meta's $1.39 trillion, and its global asset market cap ranking has risen to 13th place. Ethereum's market cap has risen to $283.89 billion, surpassing Dell, ranking 72nd globally in asset market cap.

Odaily News: Ethos Network will launch the WHUF token auction on September 1. The WHUF auction supply accounts for 20% of the total supply, with a starting FDV of $1 million, a cap of $99 million, and an 85% price guarantee. Contributor XP and referred users can receive additional rewards, and users can now register to participate. According to the Ethos Network whitepaper, the team and early supporters will receive 40%, while the community will receive 60%. The community allocation includes 20% for token sales, 2% for an XP reward pool, 5% for ecosystem development, 10% for the foundation treasury, 5% for bug bounties, and 18% for contributor rewards. Early supporter tokens have a 24-month lock-up period with a 6-month cliff; team tokens have a 4-year lock-up period with a 1-year cliff.

Odaily News: Brian Armstrong posted on X platform that regulatory clarity seems inevitable either way: first, the U.S. Senate secured over 60 votes on September 15; second, the CFTC and SEC will release a new set of rules on September 16.

According to Odaily, Upbit will list Curve (CRV), adding new KRW and USDT trading pairs. CRV briefly surged over 11% before pulling back, with its market cap rising to $521 million and a 24-hour gain of 15.01%.

Odaily News: According to the official announcement, South Korean crypto exchange Upbit will list the CRV token on its KRW and USDT markets, with trading starting at 13:00 local time on August 21.

Odaily News: According to Arkham monitoring, Morgan Stanley has increased its Bitcoin holdings for two consecutive days, spending $21.91 million through its spot Bitcoin exchange-traded fund MSBT to add approximately 320.951 BTC. As of now, its total Bitcoin holdings have reached 6,995 BTC, valued at approximately $515 million.

Odaily News: Hyperliquid has released its performance analysis for the first half of 2026. The data shows that its total fee revenue for the first half of the year reached $419 million, representing a 31% year-over-year increase; daily active users grew approximately 90%, with trading volume reaching $1.29 trillion in the first half and $266.5 billion in June alone. Core protocol revenue declined from $317.5 million in the first half of 2025 to $305.3 million, a year-over-year decrease of 3.8%. This was primarily due to the rapid expansion of HIP-3 markets, which allow external teams to launch markets for stocks, commodities, and pre-IPO assets on Hyperliquid's infrastructure while retaining 50% of trading fees. Currently, HIP-3 contributes 11.2% of total fee revenue. In the derivatives market, Hyperliquid's open interest stands at approximately $9.1 billion, accounting for 10.3% of the global cryptocurrency perpetual contract market—up 24.8% year-over-year. Its market share in the on-chain perpetual contract space has reached 54.5%, exceeding the combined share of all other on-chain platforms. In terms of valuation, when factoring in approximately $309 million in annualized HYPE token issuance costs, HYPE's issuance-adjusted price-to-earnings ratio stands at roughly 23x, approaching the average of approximately 24.5x for traditional trading platforms such as CME, CBOE, Interactive Brokers, and Coinbase. The report projects that if a USDC reserve yield partnership materializes, it could generate an additional $135 million to $160 million in annual revenue for Hyperliquid, which could be used for HYPE buybacks. The report also notes that Hyperliquid's growth in the second half faces competitive and regulatory risks, including HIP-3 markets' heavy reliance on individual developers, as well as regulatory uncertainty surrounding markets for stocks and pre-IPO assets. Additionally, new initiatives such as HIP-4 prediction markets, options products, and USDC reserve yields may further diversify its revenue streams.

Odaily News - Gate has officially announced the launch of its Japanese stock trading service, initially covering approximately 300 stocks listed on the Tokyo Stock Exchange (TSE), including popular names such as Toyota Motor, Sony Group, SoftBank Group, Mitsubishi UFJ Financial Group, Nintendo, and Tokyo Electron. Users can directly trade Japanese stocks on the Gate platform using USDT, without needing to open a traditional Japanese brokerage account or exchange yen. Japanese stock trading is now available on Gate's Web interface, with the App version expected to launch soon.

In terms of trading features, Japanese stocks share the same stock account and related trading capabilities as Gate's US stocks, Hong Kong stocks, and Korean stocks, supporting functions such as market data viewing, buying, selling, position management, and trade history inquiry. Japanese stock trading supports intraday sessions from 09:00–11:30 and 12:30–15:25 Japan time, corresponding to 08:00–10:30 and 11:30–14:25 UTC+8.

The launch of Japanese stock trading further enriches Gate's global multi-asset trading ecosystem. The platform now supports over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, over 1,000 Korean stocks, and approximately 300 Japanese stocks, offering a combined total of more than 12,800 stocks and ETF assets for trading. Going forward, Gate will continue to expand into core global markets and high-quality assets, driving the integration of traditional finance and digital assets to provide users with more diversified one-stop asset allocation options.

Odaily News, August 21 — According to SoSoValue data, the crypto market sectors have risen for two consecutive days, with 24-hour gains generally ranging from approximately 3% to 11%. Among them, the PayFi sector led with an 11.46% increase. Within the sector, XRP rose 16.16%, and Telcoin (TEL) gained 13.49%. Meanwhile, Bitcoin (BTC) climbed 8.26%, breaking through $75,000, and Ethereum (ETH) rose 4.67%, surpassing $2,300.

Additionally, MAG7.ssi rose 7.58%, DEFI.ssi gained 7.01%, and MEME.ssi increased 9.01%.

In other sectors, the Meme sector rose 7.48% over 24 hours, with Pump.fun (PUMP) up 21.13%; the Layer2 sector gained 5.95%, with Stacks (STX) up 14.29%; the CeFi sector rose 5.26%, with NEXO up 10.39%; the DeFi sector gained 5.19%, with Ethena (ENA) up 27.81%; and the Layer1 sector rose 4.69%, with Cardano (ADA) up 10.54%.

The crypto sector indices reflecting historical sector performance show that the ssiPayFi, ssiMeme, and ssiMAG7 indices rose 14.39%, 9.48%, and 7.23%, respectively.

Monitoring by the PPP Prediction Market Tool shows that in the Polymarket "DOTA 2 Lower Bracket BoomBoys vs. Iron Wing" prediction event, an account with nearly $2.5 million in profits (0x6d20c35f65d9899b6d6b74f8466e824580f9a165) purchased close to $2 million worth of BoomBoys defeating Iron Wing, with an average entry price of 59.4¢.

This morning, the first round of the TI 2026 Main Event lower bracket will feature Iron Wing against BoomBoys. This match is a BO3 format, and the loser will be directly eliminated from this year's TI. The Main Event is being held at the Shanghai Oriental Sports Center, where 8 qualified teams are competing for the championship in a double-elimination bracket.

Join the PPP Signal Push Community to stay one step ahead and seize the opportunity.

Odaily News - At the first meeting of the US CFTC Innovation Advisory Committee, Chainlink Co-founder and CEO Sergey Nazarov expressed gratitude that the CFTC and SEC have begun collaborating efficiently and constructively, rather than publicly conflicting with each other as they have in the past. He believes this has significantly enhanced the reputation and trust of US financial markets and helps form a unified regulatory vision, avoiding the "16 or 25 conflicting rules" that previously hindered innovation. Nazarov pointed out that regulatory fragmentation has come at a severe cost. Chainlink provides data, cross-chain, and other infrastructure for thousands of applications and underpins a large portion of the DeFi ecosystem. Over the past seven years, he has witnessed hundreds of developers choose to leave the US due to uncertainty, no longer building high-quality applications in the country or serving American consumers. These innovators are now absent from the meeting room—a tremendous loss for the US financial system and its consumers. He emphasized that the next trend is clear: equity tokenization will unlock substantial on-chain value. The US stock market currently accounts for roughly 60% of global equity market value and trading volume. If the global financial system accelerates its move on-chain, the US must advance at an equal or faster pace to maintain this dominant position. Otherwise, innovation and market advantages may slip away.

Odaily News: According to on-chain analyst Ai Yi's monitoring, a certain address's position has dropped from $129 million to $150,000 over the past two days.

Odaily News: Justin Sun stated on X that his legal team attended a hearing at the U.S. Federal Court in California to oppose World Liberty Financial's move to refer the dispute to secret arbitration and seal related documents.

The court ruled that all of his individual claims will continue to be heard in open court, while rejecting World Liberty's assertion that all company-related claims should be subject to arbitration. The court also ordered both parties to negotiate and determine which claims remain in court and which are submitted to arbitration.

Justin Sun stated that he is one of World Liberty's earliest and largest investors, having invested $45 million in exchange for WLFI tokens. His lawsuit alleges that World Liberty planted a backdoor in the WLFI smart contract, granting itself the unilateral power to freeze, restrict, and destroy holders' tokens, and that it exercised this power to seize his WLFI tokens while threatening him with criminal referral.

Odaily News: At the inaugural meeting of the U.S. CFTC's Innovation Advisory Committee, Lighter CEO Vladimir Novakovski stated that DeFi has long been misunderstood and should not be viewed as an adversary to regulators. DeFi transactions are recorded on-chain in a verifiable manner, which helps regulators in areas such as transparency, consumer protection, and market fairness. Vladimir Novakovski noted that decentralized, verifiable finance has the potential to become an important part of the U.S. financial infrastructure in the future, particularly in terms of cybersecurity and operational resilience. He added that the industry should push for more technology to evolve toward open-source, verifiable tech stacks. He also stated that AI has the opportunity to drive financial democratization, allowing users to construct bundled trading or investment strategies through AI based on their own judgments about the macroeconomy, industries, and other fields—capabilities that were previously mainly available to high-net-worth individuals and professional fund managers.

Vladimir Novakovski pointed out that the main risk AI faces in the financial sector is consumer protection risk—for example, users not understanding how AI models actually function, or models being promoted with misleading claims. Therefore, before AI models are deployed at scale for consumers, it is necessary to establish appropriate sandbox mechanisms and verify the validity and formal verifiability of the models.

Odaily News: On-chain analyst Ember stated on the X platform that Strategy has now broken even.

Previously reported, Strategy's average cost for its Bitcoin position was $75,385.