ping

On August 24, according to Caixin, the National Development and Reform Commission released the "Measures for the Administration of Foreign Investment (Revised Draft for Public Comment)" and is publicly soliciting opinions from society, from August 21 to September 20, 2026. The "Draft for Comments" expands the definition of investors from enterprises to domestic enterprises, other organizations, and individual residents, and clarifies that reinvestment by investors abroad also falls under foreign investment.In the section on foreign investment regulation, regarding the classification and regulatory division of foreign investment, the procedures for approval and filing, and other matters, investors must obtain foreign investment approval documents or filing notices before implementing foreign investments. For individual residents newly included as investors, the approval authority is the National Development and Reform Commission, and the filing authority is the provincial development and reform department of their registered residence or habitual residence.

According to the official announcement from Gate, Gate is collaborating with World Liberty Financial (WLFI) to promote the USD1 Points Program, and the second phase of the WLFI token airdrop is about to be distributed. The total amount of this airdrop is 700,000 WLFI, which will be allocated based on the proportion of points earned by users during the specified statistical period. All users holding points will receive the corresponding airdrop.The points statistics are valid until August 25 at 08:00 (UTC+8), and WLFI tokens will be directly credited to the spot accounts of eligible users on August 26 at 08:00 (UTC+8). It is worth noting that since Gate and WLFI jointly launched the USD1 Points Program in August 2025, the program has cumulatively distributed 3,000,000 WLFI tokens to participating users. In addition, the new phase of the USD1 Points Airdrop Program will be launched on August 26.

According to Criptonoticias, Tether CEO Paolo Ardoino stated on August 23 that developing countries such as Venezuela, Argentina, Bolivia, and Turkey are increasingly using USDT, primarily for domestic and cross-border trade, and as a digital dollar and value storage tool in situations of rapid depreciation of local currencies, cash shortages in dollars, or restricted financial systems.Among them, small and medium-sized enterprises in Venezuela use USDT to settle import and export businesses, Bolivia has used it for commercial transactions including fuel procurement, Argentina's street economy and peer-to-peer markets widely use USDT for value preservation and exchange, and residents in Turkey also use USDT to cope with ongoing inflation.

According to Gate market data, as Bitcoin fell below $77,000, the crypto market experienced a pullback, with altcoins generally under pressure and declining. Among them:TAC is currently priced at $0.001672, down 40.86% in 24 hours;FHE is currently priced at $0.01978, down 30.03% in 24 hours;SQD is currently priced at $0.03, down 29.01% in 24 hours;PTB is currently priced at $0.0007364, down 27.11% in 24 hours;INX is currently priced at $0.006619, down 26.43% in 24 hours;BASED is currently priced at $0.07328, down 25.35% in 24 hours;SWARMS is currently priced at $0.007254, down 24.80% in 24 hours;BEAT is currently priced at $0.1342, down 24.18% in 24 hours.

According to on-chain analyst Ai Yi's monitoring, a certain address woke up after 8 months of dormancy and purchased 2447.49 ETH through Tokenlon 40 minutes ago, spending 5.044 million USDT, with a cost of 2447.49 USD per ETH.This address had previously taken profits on ETH at around 3016 USD 9 months ago.

According to Gate market data, the market experienced a collective short-term crash, with TRUMP dropping over 15%, ZEC, SOL, and XRP all dropping over 10%, and ETH dropping over 8%.

Famous investor Duan Yongping posted on Xueqiu with images revealing his holdings related to Micron Technology (MU). He stated that those buying short-term options are likely gambling, while those selling are probably just insurance companies or have opened a casino, with the key being to control the odds through rules; selling puts relies on understanding the business (i.e., probability or winning edge). He emphasized not to expect to win every time, but definitely avoid things you don't understand.The images show his recent trading records, including: multiple holdings of Micron's $870 put options expiring in August that expired worthless; on August 11, he sold 100 contracts of the $870 call options expiring on August 26 at a transaction price of $37.55, earning approximately $375,500 in premiums; on August 10, due to being exercised on the put, he was allocated to buy 10,000 shares of Micron stock at a cost price of $870, totaling $8.7 million.

The U.S. military has established a shipping corridor in the Strait of Hormuz, transporting about 10 million barrels of oil daily, which is about half of the pre-war shipping volume. This move alleviates the impact of the war on oil supplies and has a significant effect on the global energy market.

According to Gate market data, the Shanghai Composite Index closed down 95.88 points on August 19, a decrease of 2.4%, reporting at 3,894.42 points; the Shenzhen Component Index fell 732.34 points, a decrease of 5.01%, reporting at 13,890.15 points; the CSI 300 Index dropped 137.12 points, a decrease of 2.9%, reporting at 4,588.7 points; the ChiNext Index decreased by 232.07 points, a decrease of 6.26%, reporting at 3,473.49 points; the STAR 50 Index fell 123.35 points, a decrease of 6.89%, reporting at 1,667.52 points.

According to GMGN market data, last night and this morning, mainstream meme coins across various public chains experienced a general decline. Among them: the leading Solana ecosystem meme coin ANSEM dropped over 30% from yesterday's high, currently reported at $227 million; the previously leading meme coin MarsCoin in the BSC ecosystem fell below the platform consolidation level it had maintained for several days, currently reported at $32.83 million, with a 24-hour decline of 12%; the meme coin CASHCAT on the Robinhood chain once again fell below the $100 million mark, currently reported at $89.37 million, with a 24-hour decline of 14.61%.

According to Bloomberg, TikTok is developing a "peer-to-peer" payment feature that allows users to transfer money to each other via private messages, with evidence coming from the code of the U.S. version of the TikTok App. The interactive design of this feature is quite complete, allowing the recipient to "click to accept" to complete the payment, while the sender can attach a text message. Changes in transaction status will be communicated to the sender in real-time via push notifications, providing an experience similar to PayPal's Venmo.TikTok responded that this feature "is not currently in testing in any market," and the report also noted that there are no signs guaranteeing that TikTok will definitely launch this feature. However, the existence of the code, combined with TikTok hiring for financial services positions in multiple markets including the U.S., indicates that the company is exploring this direction.TikTok has accumulated payment experience in Southeast Asia, with its payment product TikTok Pay operating in Vietnam, Malaysia, and Thailand, primarily used for shopping payments on TikTok Shop. In the first half of 2025, Thailand's TikTok Shop GMV reached $5.419 billion, a year-on-year increase of 162%. TikTok has over 1 billion monthly active users globally, with about 170 million users in the U.S. Following the news, stocks of companies like PayPal saw a significant drop that day. Analysts believe that if this feature is implemented, it will have a direct impact on Venmo's position in the peer-to-peer transfer market in the U.S., where Venmo has about 67 million monthly active users. However, regulatory factors remain the main challenge for TikTok in expanding its payment business in the U.S.

According to the U.S. Securities and Exchange Commission (SEC), H&H International Investment, managed by Duan Yongping, had a total market value of approximately $19.1 billion at the end of the second quarter, a decrease from about $20 billion at the end of the first quarter.H&H continued to increase its holdings in Pinduoduo, Berkshire Hathaway Class B shares, and Disney, while establishing a new position in Alibaba, and significantly reducing its holdings in Nvidia, Google, and Microsoft, completely exiting from TSMC and CrowdStrike.

Founder of Strategy, Michael Saylor, stated that Bitcoin integrates computers, digital networks, and cryptography to create the first currency network in human history designed in a digital manner. It completely dematerializes monetary assets, with supply controlled by public protocols rather than decisions, transforming economic value into information that can be securely transmitted across global communication networks.Compared to gold, Bitcoin is harder to inflate, easier to integrate with software, faster in transmission, and every participant has the incentive to maintain network security. The proof-of-work mechanism anchors it in the physical world, making the cost of tampering with history high by consuming real energy for ledger security, attracting miners, energy providers, and investors to collaboratively build a defense system. Bitcoin is digital gold, but understanding it as digital currency is more fitting.The Bitcoin network is not static software; it is an adaptive system composed of miners, nodes, developers, capital, and users. Bitcoin deliberately maintains functional simplicity, focusing solely on maintaining a secure and reliable ledger of scarce digital assets, leaving complexity to higher-level applications.This layered design of underlying integrity and upper-level functionality allows it to serve as a foundation for transmitting monetary energy across time and space while supporting continuous innovation in payments, credit, and financial services.The more profound impact is that Bitcoin creates a new form of digital sovereignty: private keys empower individuals to control economic energy without permission, with ownership verified by mathematics rather than institutions. Companies, banks, trusts, and applications can build a complete economic system around it, and social networks can introduce real costs and responsibilities into the digital space.Gold monetized physical scarcity, while Bitcoin monetizes digital scarcity. It is not merely a payment tool but an engineering solution to humanity's problems of energy preservation and guidance—currency is energy, and Bitcoin is the currency energy of the digital age.

Iran and Oman have reached an agreement on the shipping route through the Strait of Hormuz, and both sides are gradually reaching an agreement on the management of this waterway.The spokesperson for the Iranian Foreign Ministry stated that the finalized "shipping map" is part of a broader agreement that will ensure the safe passage of vessels.

In the second quarter 13F holdings report for 2026 (reporting period ended June 30, 2026), Bridgewater Associates, founded by Ray Dalio, disclosed a reduction of 1,359,038 shares of Micron Technology, still holding approximately 116,700 shares, with a reduction ratio of about 92%.

Broadcom fell nearly 7% during Friday's trading, as the market expressed concerns about the financing model behind its AI infrastructure expansion. Bank of America analysts estimate that the financing platform built by Broadcom for AI chip customers could accumulate up to $370 billion in preferred debt by mid-2029. Broadcom has provided guarantees for lease payments for some customers, with the first transaction guarantee amounting to approximately $29 billion.

Duan Yongping responded on Xueqiu regarding the recent changes in his holdings of Pop Mart, stating that he has "never directly sold a single share of Pop Mart." The changes in his holdings mainly come from options trading and expiration exercises, and do not indicate a long-term bearish view on Pop Mart.Duan Yongping mentioned that when the position of selling puts approaches the limit, he will adopt the strategy of "buying stocks + selling calls." After expiration, if the stocks are called away, it is essentially a similar trading strategy to selling puts that are exercised at expiration. Currently, the options premium for Pop Mart is about 5% per month, and this strategy may continue to be used for a longer period in the future.Regarding the valuation of Pop Mart, Duan Yongping stated, "Currently, I believe the price of Pop Mart is not expensive in the long term, but I don't know about the short term." He emphasized that there is no specific time or price set for selling Pop Mart, and it may be a long time before that happens.

Market pricing shows that the probability of the Federal Reserve maintaining the interest rate in the range of 3.5%-3.75% in September is about 65%, up from about 60% before the release of the PPI report.

The AI content detection platform Pangram has released a trend analysis of market share changes for AI model providers over the past two years based on its text detection model's classification analysis of user-submitted content. The data shows that OpenAI's model market share has never fallen below 50%, maintaining its leading position; Anthropic's share has increased from 4.3% in 2024 to 14.9% in July 2026, reflecting the growing attention on Claude in the technology and science fields; Google's model market share has sharply dropped from an early 12% to 1.9%, marking the most significant decline.When compared with similar data from OpenRouter, the trend of Google's declining share is confirmed by both data sources. By subject area, OpenAI's model is more commonly used in daily life and the humanities, while Anthropic and Google's models have a higher share in programming technology and scientific fields, but the overall differences are not significant. Pangram notes that both data sources have their biases, but the consistency in trends indicates that Google is significantly losing market share in the consumer end of AI language models.