AJ Bell analyst Danni Hewson stated in a report that after a strong rise, stocks related to artificial intelligence are now undergoing what appears to be a mild and perhaps necessary adjustment. She pointed out that the broader sell-off of US tech giants stemmed from a report by the Massachusetts Institute of Technology, which showed that 95% of companies have not yet seen returns from investment in generative AI. "Investors will closely watch whether the AI sector's stock prices will stabilize at this point, or if the sell-off will continue." She added, "Nvidia's (NVDA.O) quarterly earnings report next week now looks more crucial than before."

 according to the stock market data in Hong Kong, as of the close of trading, the trading volume of 6 Hong Kong virtual asset ETFs today was 56.55 million Hong Kong dollars. Among them: the trading volume of Huaxia Bitcoin ETF (3042.HK) was 11.41 million Hong Kong dollars, the trading volume of Huaxia Ethereum ETF (3046.HK) was 36.91 million Hong Kong dollars, the trading volume of Jiashi Bitcoin ETF (3439.HK) was 1.15 million Hong Kong dollars, the trading volume of Jiashi Ethereum ETF (3179.HK) was 1.51 million Hong Kong dollars, the trading volume of Bosh HashKey Bitcoin ETF (3008.HK) was 1.60 million Hong Kong dollars, and the trading volume of Bosh HashKey Ethereum ETF (3009.HK) was 3.97 million Hong Kong dollars.

according to the official announcement, Binance Wallet will launch the AKEDO (AKE) Bonding Curve version TGE. Subscription time: from 4 pm to 6 pm on August 21, 2025 (UTC+8), Subscription qualification: eligible users must participate using Binance Alpha points.

 according to The Block, the Solana-based Memecoin issuance platform Pump.fun has accumulated revenue exceeding 800 million US dollars, mainly from a 1% transaction fee. The platform recently regained its lead in the number of graduated tokens, as the top Memecoin deployers of LetsBonk.fun migrated to Pump.fun. Pump.fun's daily revenue is stable at over 1 million US dollars, while LetsBonk.fun's daily revenue has dropped to below 30,000 US dollars. In addition, Pump.fun raised 6 billion US dollars in 12 minutes through its first token issuance last month, and is currently buying back tokens at a price higher than the market price to stabilize the price. Solana has recently been surpassed by the Base network, with Base launching 57,970 Memecoins in a single day compared to Solana's 32,760.

BDIC HK LTD (a subsidiary of a blockchain deposit insurance company) has launched StableCover Pro, providing risk protection for institutional stablecoin holders. With plans to collaborate with strategic wallet providers and exchange alliance partners, the company continues to expand its international coverage, planning to operate in the Caribbean region and collaborate with new sovereign fund partners on balance sheet assets and debt issuance planned for 2026.

Christine Lagarde, President of the European Central Bank, stated that despite the recent agreement with the United States reducing some uncertainty, economic growth in the euro area may slow down this quarter, and global trade still faces uncertainty. Lagarde stated in Geneva that the current 15% tariffs on most European goods are slightly higher than the level assumed by the European Central Bank in June, but "much lower than" the severe scenario that was planned. She said on Wednesday: "Recent trade agreements have eased some uncertainty, but have not completely eliminated it. Due to the unpredictable policy environment, uncertainty still exists." She added that tariffs on the pharmaceutical and semiconductor industries are still unclear.

according to @whale_alert monitoring, at 16:54, 500 bitcoins (worth $56,948,644) were transferred from an unknown wallet to Kraken.

 according to on-chain data analyst Yu Jin's monitoring, Radiant Capital hackers continued to buy 10 million DAI worth of ETH in the past hour. Today, the address spent a total of 18.64 million DAI to buy 4487.8 ETH at an average price of $4154.

David Duong, head of institutional research at Coinbase, tweeted that the Jackson Hole meeting and Producer Price Index (PPI) data are just excuses for market participants to reduce risks before the US Treasury Department withdraws a large amount of funds (about $400 billion) from the Treasury General Account (TGA) in the coming weeks. This also explains why Bitcoin, along with many stocks, has lost its upward momentum. However, we believe that the outlook for September looks more promising.

the Governor of the Central Bank of Indonesia stated that the weakening of US inflation pressure has prompted the market to increase expectations of a rate cut by the Federal Reserve.

the market shows ETH breaking through $4200, now trading at $4200.99, with a 24-hour decline of 0.7%. The market is volatile, so please manage your risks.

according to on-chain analyst Ai Yi's monitoring, the scale of USDC on Hyperliquid has reached 4.82 billion. Ranking third in all public chains and networks, and first in the Bridged USDC network. Currently, Hyperliquid USDC is cross-chain through Arbitrum, and Circle announced that native USDC will also be supported soon.

according to @DecryptMedia, the U.S. Commodity Futures Trading Commission (CFTC) has obtained a preliminary judgment in a $228 million cryptocurrency Ponzi scheme case. Prior to the U.S. Commodity Futures Trading Commission (CFTC) winning this civil case, Alexander had already been sentenced to nine years in prison for criminal conviction in July 2023. As of January 2025, the court-appointed receiver has started distributing recovered funds to defrauded investors.

 according to @cryptoquant_com, "The US Bitcoin spot exchange-traded funds (ETFs) have reached a historic milestone. As of August 17, 2025, these funds collectively hold 1.25 million bitcoins, reaching the highest level ever."

 the Governor of the Indonesian Central Bank: We expect the Fed to cut interest rates twice in the second half of 2025.

 according to @whale_alert monitoring, at 14:40, 46,142 Ethereum (ETH) (worth $193,180,196) was transferred from an unknown wallet to Ceffu.

according to official sources, trading of DecentralGPT (DGC) on Binance Alpha will open on August 20, 2025 at 20:00 (UTC). After trading opens, users with at least 200 Alpha points can receive airdrop of 500,000 DGC tokens on a first-come, first-served basis. If the reward pool is not fully distributed, the score threshold will automatically decrease by 15 points every hour. Please note that claiming the airdrop will consume 15 Alpha points. Users must confirm their claim on the Alpha activity page within 24 hours. Otherwise, it will be considered that the user has forfeited the airdrop.

Paul Atkins, chairman of the U.S. Securities and Exchange Commission, announced that the agency will take swift action to implement the President's Working Group's recommendations on cryptocurrency regulation. This move aims to promote innovation in the digital asset market and provide greater clarity. Specifically, the plan seeks to shift from an enforcement-led regulatory approach to a rule-based approach, striking a balance between protecting investors and promoting technological progress. It is worth noting that Atkins revealed this news at the Wyoming blockchain seminar. At the core of this vision is the President's Digital Assets Group, which will lead the next phase of U.S. digital asset regulation.

a new proposal has been made to build Ronin as an L2 chain based on Arbitrum Orbit. With the Ronin team planning to migrate the current gaming chain to a fully Ethereum-compatible Layer 2 by 2026, this proposal has emerged. According to the proposal, Arbitrum has unique advantages in helping Ronin "return" to Ethereum: Arbitrum has a dedicated Web3 gaming investment department, so Ronin as an L2 on the Orbit chain will not only receive technical support, but Arbitrum will also become a deeper partner. Ronin L2 will use RON as the Gas token and will be supported by Arbitrum Gaming Ventures.

 ChainCatcher news, according to Jinshi report, Lombard Odier strategist expects the US dollar to weaken further, and has downgraded the view from neutral to negative. Despite a slight increase in US inflation, both corporate hiring and layoffs are not significant, and market consensus is gradually approaching expectations of three interest rate cuts by the Federal Reserve this year. The strategist said that lower US interest rates will weaken the yield advantage of the US dollar, and the cost of hedging is also weakening demand for the US dollar.