former US Treasury Secretary Yellen wrote in response to the controversy caused by Trump's dismissal of Federal Reserve Board member Powell: Trump claimed to "dismiss" Powell with "just cause", this move is not only illegal, but also extremely dangerous. This is a direct attempt to politicize the Federal Reserve, it is intimidation of its leadership, and an attempt to force monetary policy to conform to the will of the president. This move could end the independence of the Federal Reserve - and what will follow is the collapse of the credibility of US monetary policy at home and abroad. Yellen called on Congress to defend the independence of the Federal Reserve, the courts must reject this illegal abuse of power, and the financial sector must also speak out against this direct attack on the credibility of the US dollar.

 Paul Lee, co-founder and managing partner of Lobo Ventures, announced at the 2025 Asian Bitcoin Conference that Bitplanet plans to establish a company specifically for holding Bitcoin in custody, and will invest $40 million in Bitcoin acquisitions.

according to the 13F filing, Goldman Sachs holds $721 million worth of Ethereum ETF, making it the largest institutional holder, followed by Jane Street (holding $190 million) and Millennium (holding $186 million).

 according to Lookonchain monitoring, XPL short sellers are depositing a large amount of USDC into Hyperliquid to avoid liquidation, including:

On August 27th, according to Theinformation, the new SOL Treasury company "Solana Co" was jointly launched by Pantera Capital, Summer Capital, and Avenir Group, two strategic partners in Asia. Summer Capital was founded in 2017 and is one of the earliest licensed financial institutions in Asia to participate in the digital asset investment track. Its investment portfolio includes Hashkey, Immutable, Upbit, Animoca, etc. Avenir Group, founded by Mr. Li Lin, is a cutting-edge investment group with a global vision, focusing on investments in financial innovation and cutting-edge technology fields. Yesterday's news, Pantera Capital is raising $1.25 billion to acquire a listed company and transform it into the SOL Treasury company.

according to *Walter Bloomberg, the outflow of funds from cryptocurrency assets reached $1.4 billion last week, the largest scale since March.

according to SolanaFloor monitoring, Pump.fun's revenue on the 7th surpassed AxiomPro to return to the top of Solana, reaching 11.26 million US dollars.

On August 27th, according to market data, influenced by the launch of Binance spot trading, DOLO surged over 40% in the short term, now priced at $0.307, with a 14% increase from the announcement by Binance.

according to Watcher.Guru, the European Union has proposed to eliminate all tariffs on American industrial products to meet President Trump's demands.

 according to The Data Nerd, within 1 hour, a trader who has held Bitcoin for 12 years deposited 750 BTC (worth about $83.11 million) into Binance. The entry cost 12 years ago was only about $122, and the realized profit from the 750 BTC this time is about $83 million, with an investment return of 907 times.

 according to The Block, many cryptocurrency companies including Coinbase, Paxos, and Uniswap Labs are urging the leadership of the Senate committee to include adjustment clauses in market structure-related legislation. Over the past year, members of the U.S. House of Representatives and Senate have been pushing for legislation aimed at comprehensive regulation of the cryptocurrency industry. Stakeholders say that if the necessary protective measures are not implemented, they cannot support this market structure bill.

according to Kraken's announcement, CAMP has been listed on Kraken. CAMP is an L1 layer network designed for intellectual property and artificial intelligence workflows, supported by @campnetworkxyz.

 according to Lookonchain monitoring, a whale address 0x54d7 shorted XPL with 2x leverage and shorted WLFI with 3x leverage, resulting in losses exceeding $1.4 million.

 according to Whale Alert monitoring, at 17:11, 2,760,957 SOL coins (worth $563,252,000) were transferred from an unknown wallet to the Binance exchange.

the market showed that BTC broke through $111,000, now trading at $111,004.48, with a 24-hour increase of 0.64%. The market is volatile, please manage the risk.

according to Lookonchain monitoring, the early Bitcoin holder "bc1qlf" resold another 750 Bitcoins (BTC, worth $83.11 million) in the past 2 hours.

 QCP Capital stated that the market is currently focusing on Nvidia's post-market financial report, evaluating the resilience of revenue growth in the AI field. If the US stock market declines due to financial reports, the cryptocurrency market may be affected by the confidence shake of traditional financial allocators, and risks may further increase. In addition, the Federal Reserve's policy preferences and labor market data will also be key factors in future market trends.

 Binance will delist the following spot trading pairs on August 29, 2025 at 11:00: BABY/BNB, NXPC/FDUSD, and SXT/FDUSD. After delisting, users can still trade the corresponding tokens on other trading pairs. Please note that Binance will also remove the services of related trading robots, and it is recommended that users close the related trading robots in advance to avoid potential losses.

On August 27th, LD Capital's secondary investment institution Trend Research stated in its latest report: From the perspective of supply and demand, the demand for ETH generated by institutional consensus is far greater than the supply of unstaking, and we believe that the situation of long-term full staking is not sustainable. With the further implementation of crypto-friendly policies in the future and Wall Street forming a consensus on the long-term value of ETH, the "buying frenzy" for ETH has just begun. With the upcoming interest rate cut cycle, we will raise our long-term target price for ETH and believe that ETH's market value will surpass BTC's in 1-2 bull-bear cycles.

according to the chart released by CryptOpus, Tom Lee, the new chairman of BitMine's board of directors, predicts that Ethereum (ETH) will reach $5500 in the next few weeks and is expected to reach the range of $10000 to $12000 by the end of the year.