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According to BeInCrypto, Micron CEO Sanjay Mehrotra stated at a semiconductor manufacturing plant near the company's headquarters in Boise, Idaho, that memory has become a strategic infrastructure in the AI era, and the growth in AI-driven demand will permanently reset the economic logic of this cyclical industry. In terms of financial data, Micron's revenue for the third quarter reached $41.46 billion, a significant increase from $9.3 billion last year, with a gross margin rising to 84.6%, and it is expected that the gross margin for the fourth quarter will further increase to about 86%.On the supply side, the demand from data center customers is about 150% of the supply that Micron can commit to, indicating a significant gap. Mehrotra also listed autonomous vehicles, robotics, and AI consumer devices as sources of incremental demand in the future.

According to Cointelegraph, Cathie Wood of Ark Invest stated that AI is likely to trigger an entrepreneurial explosion, and she encourages recent graduates to use AI as their sole employee to start their own companies.

According to Onchain Lens monitoring, the Bhutanese royal government transferred 490.87 BTC to a new wallet in the past 24 hours, amounting to approximately 32.74 million USD. Among them, the largest transfer was 485 BTC, amounting to approximately 32.31 million USD.

Liquid Capital (formerly LD Capital) founder Yi Lihua stated that since May, after judging that the rebound had ended, he has mainly focused on one thing over the past two months: that July to August may be the last opportunity to bottom out in this round of BTC. With Bitcoin's daily level strongly breaking through the 120-day moving average and the 200-day moving average, while also breaking through the 20-week moving average at the weekly level, the BTC bear market trend has officially ended.He mentioned that the market is still bullish in the next two weeks, but after rising to a certain position, a pullback may still occur. The subsequent pullback will not exceed 50% of the upward movement. If investors use leverage, it is recommended to reduce long positions and refer to the weekly trends and pullback amplitudes during the 2023 upward cycle. This round of Bitcoin has dropped from a high of $126,000 to $57,000, with a maximum drop of about 56%. He believes that this drop has formed a cyclical low point, and it will be difficult for the market to see BTC prices starting with $50,000 again.

According to on-chain analysis platform Lookonchain (@lookonchain), in the past 6 hours, a large whale or institution has sold a total of 871,000 $HYPE through the over-the-counter trading platform FalconX, worth approximately $64.82 million.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 71, up 10 points from yesterday. The average over the past 7 days is 45, and the average over the past 30 days is 32.

The Korean exchange Bithumb announced that it will add NEXO (NEXO) trading support in the Korean won (KRW) market, supporting only the Ethereum network, while other network deposits will not be supported. Deposits and withdrawals are expected to open within 2 hours after the announcement, with trading set to begin on August 21, 2026, at 13:00.To ensure a secure trading environment, temporary restrictions will be implemented during the initial launch: buying orders will be prohibited within 5 minutes after trading starts; within 5 minutes after the opening, selling order prices must not be lower than 10% of the benchmark price or higher than 100% of the benchmark price; only limit orders will be allowed for approximately 2 hours after the opening.

According to the latest stock derivatives exchange ranking released by RootData, the Top 5 exchanges saw a decline in 24h trading volume across the board.Among them, Binance had a 24h trading volume of approximately $21.033 billion, down 31.04%; Hyperliquid had a 24h trading volume of approximately $3.681 billion, down 31.01%; Gate had a 24h trading volume of approximately $2.805 billion, down 43.16%; OKX had a 24h trading volume of approximately $4.7 billion, down 41.39%; and Bitget had a 24h trading volume of approximately $2.2 billion, down 26.92%.At the same time, the positions in the crypto native contract market have significantly increased. According to Coinglass data, the total open interest for Bitcoin contracts is approximately 734,900 BTC (about $54.967 billion), with a 24h increase of 5.65%; the total open interest for Ethereum contracts is approximately 13,140,700 ETH (about $30.917 billion), with a 24h increase of 5.17%.

Bitwise CEO posted on the X platform that the Bitwise ETF's trading volume exceeded $300 million again today, the same as yesterday. The rankings of the top five trading amounts have slightly changed: Bitwise Bitcoin ETF BITB approximately $106 million, Bitwise XRP ETF XRP approximately $82 million, Bitwise Solana ETF BSOL approximately $45 million, Bitwise Ethereum ETF ETHW approximately $42 million, and Bitwise Hyperliquid ETF BHYP approximately $30 million.He stated that the price seems to have rekindled market interest.

According to Coinglass data, if ETH falls below $2,227, the cumulative long liquidation intensity on mainstream CEX will reach $1.341 billion. Conversely, if ETH breaks above $2,459, the cumulative short liquidation intensity on mainstream CEX will reach $535 million.

According to Coinglass data, if BTC falls below $70,909, the cumulative long liquidation intensity on major CEXs will reach $1.961 billion. Conversely, if BTC breaks above $78,280, the cumulative short liquidation intensity on major CEXs will reach $579 million.

According to Protos, the UK's HM Revenue and Customs (HMRC) sent over 81,000 warning letters to suspected tax-evading cryptocurrency holders in the 2025/2026 fiscal year, nearly tripling from 27,714 letters in 2024. HMRC believes that most unpaid taxes stem from capital gains during the bull market from 2022 to 2025.The letters remind users that selling, gifting, exchanging, or using cryptocurrency for consumption may trigger capital gains tax obligations, and violators could face penalties of up to 100% of the tax owed plus interest, with harsher penalties for offshore transfers. Additionally, HMRC expects to gain new powers next year to compel foreign cryptocurrency platforms to disclose user information, anticipating an additional £315 million in tax revenue by 2030.

According to Digital Asset, on August 20, members of the Korean National Power Party, including Yoon Tae-yong, proposed an amendment to the Specific Financial Information Act, which aims to grant the Financial Intelligence Unit (FIU) direct enforcement authority over unreported virtual asset service providers.According to the amendment, anyone can report illegal activities to the FIU. Upon receiving a report or discovering suspected violations, the FIU can initiate investigations and analyses, and refer the case to or notify investigative authorities. The proposal points out that while current laws impose reporting and anti-money laundering obligations on virtual asset service providers, there are no direct enforcement measures against unreported operators, posing risks of money laundering and illegal cross-border transfers, making it difficult to respond quickly relying solely on inter-agency coordination.

Bitget's latest data shows that as of August 20, the cumulative number of trades for the platform's TradFi contracts in August has exceeded 150 million, with a single-day peak of 13.64 million trades. As the demand for trading traditional financial assets such as U.S. stocks, foreign exchange, precious metals, and commodities continues to heat up, the trading activity in Bitget's TradFi sector has further increased.

Serenity stated that leveraged traders have shifted from AI stocks back to Hyperliquid (crypto market) and biotech targets, which they believe may help AI stocks recover more quickly. The Korean ETF EWY rose mainly due to the stock buyback of SK Hynix, while Samsung's foundry prices were raised by about 10% to 15%.Serenity mentioned that SK Hynix disclosed its CPO roadmap, which involves a photonic intermediary layer connecting memory, potentially expanding the addressable market and driving demand in the supply chain for lasers, photonic integrated circuits, and packaging. In addition, following the successful IPO of Changxin Memory (CXMT), Yangtze Memory (YMTC) is seeking to go public in the next quarter.Optoelectronic manufacturer Tyntek hit the daily limit, with its order visibility extending to 2028, reflecting an imbalance in supply and demand for optoelectronic diodes in the photonic industry. Furthermore, the shortage of high-end PCB drilling needles continues, with AI data centers, servers, and optical communications driving demand for PCBs, HDI, and packaging substrates, while tungsten prices are also rising.

Crypto analyst Ali Charts posted on the X platform that Bitcoin has established strong support in the range of $61,849 to $63,111, where over 2 million BTC have changed hands previously. UTXO Realized Price Distribution (URPD) data indicates that there is almost no resistance ahead; if it breaks through $75,733, the next major supply zone will appear in the range of $83,307 to $84,569, where approximately 1 million BTC have changed hands previously.

According to token unlock data from the Crypto asset data platform RootData, Moonbirds (BIRB) will unlock approximately 27.08 million tokens at 1 PM Beijing time on August 28, worth about 1.48 million USD.

According to token unlocking data from the crypto asset data platform RootData, Plasma (XPL) will unlock approximately 29.722 million tokens at 12:00 PM Beijing time on August 28, worth about 27.07 million USD.

According to the token unlocking data from the crypto asset data platform RootData, Sign (SIGN) will unlock approximately 20.778 million tokens at 0:00 Beijing time on August 28, worth about 3.63 million USD.