On August 26, encryption alts generally fell, with only 14 coins rising. BIO fell by 16.84%, CRV fell by 13.89%, MEME fell by 12.18%, and LDO fell by 11.5%.

On August 26, according to the official announcement, the WLFI Token unlocking feature page Lockbox has been launched. Users holding the token can move WLFI into Lockbox to begin the unlocking process.
Claim start time: September 1 at 8:00 AM Eastern Time (initial allocation of 20%).

Since Fed Chairman Powell "dove", the onshore RMB to USD exchange rate has risen sharply, closing at 7.1517, up 288 basis points. The strengthening of the RMB is influenced by the decline of the USD and the sentiment in the capital market, and in the future, it will still be influenced by domestic and external factors, maintaining a "steady rise" trend.

On August 26, the US SEC postponed the decision on the applications for the Canary Spot PENGU ETF and Grayscale Spot Cardano ETF.

[Coin World] On August 26, according to on-chain data, the mysterious newly created Wallet Address that spent 40 million USD to buy HYPE last week has once again sold 186,000 HYPE (worth 8.6 million USD). He used the USDC obtained from selling HYPE to open long positions in the contract market, establishing long positions of 27,236 ETH (126 million USD). This sale was conducted in batches, with each batch consisting of 11,000 HYPE, and a single sale of approximately 500,000 USD.

[Golden Finance] According to financial reports, the U.S. Department of Commerce has canceled a $7.4 billion semiconductor manufacturing research funding program established during the Biden administration.

Last week, Bitcoin fell nearly 10% as investors sought safety. However, Fed Chairman Powell's dovish remarks boosted market confidence, with expectations of interest rate cuts driving Ether to a new all-time high of $4958.70. The adjustment in Bitcoin indicates temporary market fluctuation.

[Golden Finance] SUI treasury company Mill City, listed on NASDAQ, announced the launch of options trading at the Chicago Options Exchange, with the trading code "MCVT". The company stated that the listing of options will expand investor participation and enhance the liquidity of Mill City stocks by offering a range of standard expiration dates and strike prices.

[Block Rhythm] On August 25, according to monitoring, a suspected "ancient whale of BTC who has been dormant for seven years and has made a high-profile shift to ETH" staked 269,485 ETH to the ETH2 beacon chain in the past hour, worth 1.25 billion dollars.
The amount of stake surpasses the Ethereum Foundation (231,000 ETH), which is in the top 4 of ETH holding entities. This staking action directly reduced the difference between the exit and entry queue of the Ethereum PoS network to 260,000 ETH. In comparison, yesterday's difference was 727,000 ETH, accounting for 66.7% of today's entry queue increment.

A new type of scam service called Vanilla Drainer has stolen at least $5.27 million in Crypto Assets within three weeks, offering Phishing software and charging a Commission. The service began operating in October 2024, capable of bypassing security checks, with theft cases including $3.09 million in stablecoin. The stolen funds ultimately flowed into a specialized Wallet.

On August 25, news reported that digital asset investment products experienced an outflow of $1.43 billion last week, the largest outflow since March, with ETP volume reaching $38 billion. Bitcoin saw an outflow of $1 billion, Ethereum had an outflow of $440 million, while the situation for alts varied, with most rising.

[Golden Finance] On August 25, news emerged that the US stock SOL treasury company DeFi Development Corp (DFDV) announced today that it has signed a final protocol for a $125 million equity financing at a price of $12.50 per share. The issuance consideration will combine cash and Lock-up Position SOL, further strengthening DFDV's strategy to maximize each share's Solana holdings (SPS) rise. The net funds raised will be used to increase Spot SOL holdings and discounted Lock-up Position SOL, thereby expanding the treasury asset scale.

[Chain News] On August 25, news emerged that Kevin Hassett, the director of the White House National Economic Council, stated that it is appropriate to consider interest rate cuts (referring to the Fed). In addition, Hassett indicated that it will take a few more months before a decision is made on the Fed chair candidate before Trump makes his decision.

[Chain News] On August 25, according to an official announcement, Nasdaq-listed Bitcoin mining company LM Funding America announced the acquisition of an additional 164 BTC, bringing its total holdings to 311 BTC.

[Chain News] On August 25, it was reported that a certain publicly listed company in the U.S. announced that its Crypto Assets and cash holdings exceeded $8.82 billion. As of 5:30 PM Eastern Time on August 24, the company's Crypto Assets holdings included 1,713,899 ETH, 192 BTC, and $562 million in undistributed cash. The company disclosed that over the past week, its Crypto Assets and cash holdings increased by $2.2 billion, reaching $8.8 billion (an increase of over 190,500 ETH, from 1.52 million ETH to 1.71 million ETH).

[Chain News] On August 25, news reported that on-chain analysts monitored that YGG conducted a $1 million YGG Token buyback: they deposited 1 million USDT into a certain trading platform in the early morning of the day before yesterday, and then withdrew 5.873 million YGG from the platform last night, with an average purchase price of $0.17. The buyback funds are expected to come from the game revenue of their first self-developed game LOL Land - this game has generated up to $1 million in revenue over the past 30 days.

[Chain News] On August 25, news came that an analyst posted on a social platform: "The newly submitted 'Canary American-Made Crypto ETF' application (S-1 document ) - this spot product will only hold crypto assets that are entirely invented in the United States, primarily mined in the United States, or have their operational centers located in the United States. As we predicted earlier, due to the success of this category, the ETF is ready to try all imaginable combinations."

[Coin World] On August 25, according to data platforms, the Japanese listed company Remixpoint has increased its holdings by 41.5 Bitcoins and currently holds 1,273 Bitcoins.

[Chain News] On August 25, according to data platform monitoring, a certain Whale created a new Wallet starting with 0xb9c and deposited 10.98 million USDC into a certain platform to go long on XPL with 3x leverage. The Position holds 16.17 million XPL (worth about 8.76 million USD), currently facing unrealized losses of 519,000 USD.

On August 25, according to data from the platform, the total liquidation across the network in the past 24 hours was 806 million USD, with long order liquidations at 643 million USD and short order liquidations at 163 million USD.