[Coin World] On August 20, informed sources said that U.S. Secretary of Commerce Gina Raimondo is pushing for government equity in exchange for subsidies under the CHIPS Act, with targets possibly extending from Intel to Micron, TSMC, and Samsung; the White House has also confirmed that it is advancing a 10% government equity deal with Intel, and some established subsidies will be renegotiated. This move may strengthen the U.S.'s voice in the AI Supply Chain, but it also raises governance and fiscal controversies. In terms of the crypto market, there is significant support below ETH at 4100 – 4150, with secondary support at 3900 – 4000. Analysts suggest: "If 'equity for subsidies' is realized, AI capital expenditure and risk appetite are expected to rise; conversely, if policy advancement is hindered, fluctuations will intensify. Investors are advised to observe policy progress and the capital situation of tech stocks as the main line, without chasing short-term fluctuations in liquidation dense areas; adopt a medium to long-term allocation and risk budgeting management for ETH, focusing on tracking AI supply.

[Coin World] On August 20th (UTC+8), the total asset scale of RWA reached 26.44 billion USD, an increase of 4.21% over the past 30 days. Meanwhile, the number of total asset holders reached 366,623, a rise of 13.75% over the past 30 days.

On August 20, according to data from [Block Rhythm], the market showed signs of contraction, mainly due to large-scale profit-taking by investors with holdings over 1 month (non-day traders), among which:
July 18: Bitcoin Holdings longer than 1 month realized profits exceeding $1.5 billion, setting the largest single-day profit peak since December 2024.
August 16: Ethereum realized profits reached $575 million, marking the largest profit-taking wave in this cycle so far, indicating that long-term holders are risk-averse.
August 17: SOL Holdings greater than 1 month realized profits exceeding 105 million USD, marking the largest single-day profit event since the rise at the beginning of 2025.

SoFi Technologies has partnered with Lightspark to launch a global remittance service based on the Bitcoin Lighting Network. Users can send money in USD through the SoFi app, and the recipient will receive it in their local currency. This service is expected to go live this year, marking SoFi's return to the encryption space.

On August 19, on-chain data analysis showed a large number of bullish call options in the exercise price range of $123,708 to $129,685, with a premium of approximately $43.32 million, reflecting traders' optimistic sentiment about the rise of BTC. Meanwhile, the premium for sell options in the range of $97,709 to $102,430 was $13.14 million, indicating that sellers believe BTC will struggle to fall below $102,000. Overall, the market is very bullish.

[Golden Finance] According to reports, Lombard Odier strategists expect the dollar to weaken further and have adjusted their outlook from neutral to negative. Although U.S. inflation has risen slightly, corporate hiring and layoff activities have not been significant, and market consensus is gradually approaching expectations of three rate cuts by the Fed within the year. The strategists stated that lower U.S. interest rates will weaken the dollar's yield advantage, and the decrease in hedging costs is also undermining demand for the dollar.

The CEO of a certain AI company revealed that a new generation of language models will be launched, featuring enhanced memory capabilities and user customization functions, which will automatically adjust to fit user habits in the future. At the same time, they are collaborating with psychologists to optimize the experience, ensuring that the system is neutral and customizable, while privacy protection and data encryption still need to be strengthened.

[Coin World] On August 20, according to data platform data, the Monad Testnet weekly transaction count plummeted to 66.16 million, a decrease of 44.4%; while the number of weekly active Addresses surged by 47.16% to 3.28 million. Currently, the total number of Addresses on the Testnet has reached 309 million, with 97,063 new Addresses added in the past 24 hours.

According to data from the data platform, the Altcoin Season Index has fallen to 45, having previously dipped to 29 on August 11. This index indicates that over the past 90 days, approximately 45 projects among the top 100 Crypto Assets by market capitalization have outperformed Bitcoin.
Note: The Crypto Assets Altcoin Season Index is a real-time indicator used to determine whether the current Crypto Assets market is in a season dominated by alts. This index is based on the performance of the top 100 alts relative to Bitcoin over the past 90 days.

[Golden Finance] According to reports, the bankrupt crypto assets lending platform Celsius Network will conduct a third round of asset distribution to creditors, amounting to $220.6 million. After this distribution is completed, the total asset repayment ratio received by creditors will reach approximately 64.9%.

Recently, the 4-hour Candlestick of DOGE shows a slight Fluctuation in price, with an overall decrease in volume, indicating a lack of market activity. The MACD and KDJ indicators show no obvious trend. Recommended buy points are 0.20943 and 0.2081, sell points are 0.24161 and 0.2417, with the support level at 0.2081 and resistance level at 0.2417.

[Coin World] James Wynn posted on social media that investors are buying the dip as if their future depends on it, emphasizing "because their future really does depend on it."

Shenzhen Longgang District Data Co., Ltd. signed a strategic cooperation protocol with the Hong Kong Web3.0 Standardization Association to participate in the ecological construction of the world's first RWA asset registration platform. They plan to jointly build a cross-border data Compliance mechanism, establish a full-cycle service platform, and promote the digitalization of mainland assets and the Compliance of international circulation.

[Coin World] According to data reports, the cross-border remittance cost of traditional banks for 200 dollars is about 12.66%, while remittance operators (MTO) are about 5.35%, and mobile operators are about 3.87%. However, stablecoin platforms can reduce the cost of similar transfers to below 1%, significantly improving the efficiency of capital circulation.

[Chain News] On August 20, it was reported that traditional bank cross-border remittance fees are about 12.66% for $200, MTOs (money transfer operators) about 5.35%, mobile operators about 3.87%, while stablecoin platforms can drop the cost of similar transfers to below 1%, significantly improving the efficiency of fund circulation.

[Chain News] On August 20, the Nikkei 225 index's decline widened to 1%, with SoftBank Group's stock price dropping 6.4% in the Tokyo market. The KOSPI index in South Korea saw its decline expand to 2%, with SK Hynix falling over 4%.

[Coin World] Point72 Asset Management and ExodusPoint Capital Management, owned by Steve Cohen, disclosed their holdings in the cryptocurrency payment company Alt5 Sigma this Monday. Point72 holds 4%, valued at approximately $26.7 million; ExodusPoint's main fund once held over 5%, currently holding 4.75%, with a holdings value of approximately $32.1 million.

[Coin World] This morning, DeepSeek open sourced the Deepseek V3.1-Base version.

[Coin World] According to data platform sources, the price of Bitcoin BTC today is $112960, with a 24-hour fall of -3.02% and a volume of $65.15 billion.

According to reports, major global financial lobbying groups are calling on regulators to suspend the upcoming new regulations for banks' Crypto Assets operations and to reassess what they consider to be overly stringent measures.
In a joint letter to the Basel Committee on Banking Supervision, these industry associations stated that policymakers should seek the latest information to understand the use cases of the distributed ledger technology that underpins digital assets, and consider appropriate redesign and recalibration of the relevant standards before their formal adoption in 2026.