01:04

Goldman Sachs: The stablecoin market is entering a new round of expansion, with potential scale reaching trillions of dollars.

Foresight News reports that Goldman Sachs has released a research report indicating that the stablecoin market is entering a new round of expansion, with its potential scale possibly reaching several trillion dollars. Its analysts point out that in the long term, the payment sector will become the core driver for the expansion of the total addressable market (TAM) for stablecoins. Although the current applications of stablecoins are still dominated by Crypto Assets trading and overseas demand for US dollars, the penetration potential of payment scenarios has not been fully developed.
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01:01

US police arrested 18 pro-Palestinian demonstrators outside Microsoft headquarters.

Jin10 reported on August 21, local time Wednesday afternoon, that police in Washington State arrested 18 people during a pro-Palestinian protest held at the Microsoft campus in Redmond, citing reasons including trespassing, malicious mischief, resisting arrest, and obstructing justice. This protest is the latest in a series of demonstrations organized by the group "No Azure for Apartheid," led by Microsoft employees, which has been protesting for months, demanding that Microsoft sever business ties with the Israeli military.
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01:00

ZKWASM (ZKWASM) has risen 18.29% in the last 24 hours.

Gate News Bot news, August 21, according to CoinMarketCap, as of the time of writing, ZKWASM (ZKWASM) is currently priced at 0.06 USD, with a rise of 18.29% in the last 24 hours, reaching a high of 0.06 USD and a low of 0.04 USD. The current market capitalization is approximately 5.79 million USD, an increase of 895,500 USD compared to yesterday. ZKWASM is a ZK simulator that can prove the correct execution of WASM applications. It serves as a trustless adapter between rich applications running on the WASM runtime and smart contracts across various blockchains. Its mission is to provide Web2 developers with a concise set of tools to leverage the power of Web3 in their applications. The ZKWASM Hub is a hosted cloud service for discovering and sharing ZKWASM application images. It provides
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ZKWASM17.78%
00:53

Gate Daily (August 21): China considers allowing the first RMB stablecoin; US crypto market structural bill timeline released.

Bitcoin (BTC) price has slightly rebounded, currently reported around $114,260 on August 21. British media exclusively disclosed that China is considering allowing the use of a stablecoin backed by the renminbi for the first time, marking a significant shift in China's stance on digital assets. Wyoming Senator Cynthia Lummis stated that the long-awaited U.S. market structure bill could be "on President Trump’s desk by the end of this year." The Federal Reserve (FED) warned that if banks ignore the adoption of blockchain now, they may become irrelevant.
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BTC1.03%
00:51

Elon Musk embroiled in "million-dollar lottery" lawsuit dispute

Gate News bot message, Musk is facing legal challenges again, this time due to a so-called "million-dollar lottery" event. A U.S. federal judge has ordered Musk to respond to a class-action lawsuit. The lawsuit was initiated by Arizona voter Jacqueline McCafferty, accusing Musk and his established "American Political Action Committee" of misleading voters into providing personal information during the 2024 election. McCarthy stated that Musk and others promised to randomly select a $1 million winner through a lottery to attract voters in seven swing states to sign a petition. However, voters actually had no chance of winning this prize, and the personal information they provided was used for political data collection. This information included sensitive details such as name, address, email, and phone number.
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00:45

BAN (Comedian) rose 33.15% in 24 hours

Gate News Bot news, August 21, according to CoinMarketCap data, as of the time of writing, BAN (Comedian) is currently priced at 0.09 USD, having pumped 33.15% in the last 24 hours, reaching a high of 0.09 USD and dipping to a low of 0.06 USD. The current market capitalization is approximately 8.5858 million USD, an increase of 2.14 million USD from yesterday. Comedian (BAN) is the first art meme ecosystem token. The project originated from the "Comedian" artwork created by Italian artist Maurizio Cattelan in 2019, a banana taped to the wall that sold for $120,000 at Sotheby's auction. In 2024, as "tape and banana" re-enter the public eye, its market capitalization has risen from $120,000 to $1,000,000-1,500,000, making BA
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BAN33.72%
00:32

PinEye (PinEye) has pumped 170.13% in the last 24 hours.

Gate News Bot news, August 21, according to CoinMarketCap data, as of the time of writing, PinEye (PinEye) is currently priced at $0.00062, having risen 170.13% in the last 24 hours, reaching a high of $0.00068 and a low of $0.000093, with a 24-hour volume of $7.79 million. PinEye is a Web3 ecosystem that combines GameFi, SocialFi, and academia, empowering the community through gaming, learning, and earning. It focuses on inclusive and decentralized innovation, fostering unity and shared prosperity in the digital space. PinEye's unique approach is to inspire unity and cohesion, emphasizing "change your mindset, change your life". Its main features include raising awareness about a world free from ignorance, poverty, or hedonism. PinEye
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PINEYE179.57%
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00:27

CUDIS (CUDIS) fell 9.77% in 24 hours

Gate News Bot news, August 21, according to CoinMarketCap, as of the time of writing, CUDIS (CUDIS) is currently priced at $0.09, down 9.77% in the last 24 hours, with a high of $0.12 and a low of $0.08. The current market capitalization is approximately $235,000, a decrease of about $2,541,500 compared to yesterday. CUDIS is the world's first protocol that rewards longevity. The project has launched the CUDIS Ring smart ring and the CUDIS App, introducing features such as health points, data NFTs, and social challenges. The CUDIS ecosystem also includes longevity centers, data markets, and AI coaches. The project was founded by a team from institutions such as UCLA, Berkeley, and Microsoft, and has received investment from several well-known firms, including Draper Associates.
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00:01

Trump plans to issue an executive order to combat the act of burning the American flag.

On August 21, Jin10 reported that U.S. President Trump plans to issue an executive order aimed at cracking down on the act of burning the American flag while circumventing a 1989 Supreme Court ruling that deemed flag burning as protected free speech. Two anonymous government officials stated that the executive order is set to be signed on Thursday. Under this order, the Department of Justice will review cases involving the burning of the American flag to determine whether charges can be brought based on offenses unrelated to the act of burning the flag itself, such as "disorderly conduct" or "public disturbance."
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TRUMP2.67%
23:21

Hamas issued a statement condemning Israel's approval of the "Gideon Tank 2" military operation.

Jin10 reported on August 21 that on the 20th local time, the Palestinian Islamic Resistance Movement (Hamas) issued a statement condemning the Israeli military's approval of the "Gideon Armored Vehicle 2" military operation. Hamas stated that Israel's actions "continue the genocidal war that has lasted for 22 months," disregarding the mediator's efforts to promote a ceasefire and the exchange of abducted individuals. Recently, Hamas has agreed to the latest ceasefire proposal put forward by the mediator, but the Israeli government still insists on war, attempting to destroy Gaza and force its residents into displacement.
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22:58

"Runaway" lawmakers return as Texas passes a bill on redistricting congressional districts.

On August 21, Jin10 reported that on August 20 local time, the Texas House of Representatives passed a bill regarding the redistricting of congressional districts. The district map was drawn at the request of President Trump and aims to add five seats for the Republican Party in next year's midterm elections. On the 18th, dozens of Democratic lawmakers from the state ended their "walkout" and returned to Texas. The leader of the Texas House Democrats stated that their return was due to the achievement of the two previously mentioned goals: the current special legislative session of the state was ended early on the 15th due to the resistance of the Democrats; and California and other Democrat-led states are considering redrawing their congressional districts to compensate for the seats that Democrats might lose in Texas.
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TRUMP2.67%
22:58

Nasdaq plans to delist BNB treasury company Windtree Therapeutics for violations.

Golden Finance reports that Nasdaq plans to delist BNB treasury company Windtree Therapeutics (stock code: WINT) due to the company's failure to comply with Nasdaq listing rule 5550 (a) (2)—which requires the minimum bid price of the stock to be maintained above $1. Windtree confirmed its non-compliance status in documents submitted to the U.S. Securities and Exchange Commission.
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BNB5.73%
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22:03

In July, the trading volume of Shanghai stock options increased by nearly 50%.

According to Jin10 data on August 21, the Shanghai options market was bustling in July. According to the latest fund and derivation market data released by the Shanghai Stock Exchange, the cumulative Trading Volume of Shanghai options in July was 115.5066 million contracts, a rise of 48.92% month-on-month. Industry insiders said that as the exchange's on-site options trading significantly experienced higher trade volumes, off-exchange derivations also entered a strategic transformation period—brokerages are helping enterprises hedge commodity prices through revenue swaps, reduce debt financing costs, allocate assets across borders, and meet residents' low fluctuation, low-risk wealth management needs with customized off-exchange Options.
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21:54

Token buyback imitates corporate buyback strategy, with a weekly average amount reaching 40 million USD.

Jinse Finance reports that Token buybacks have become an important trend in Crypto Assets fund management. Data shows that mainstream protocols buy back a total of about $40 million per week, with Hyperliquid accounting for $24 million and the Meme coin platform Pump contributing $10 million. The buyback mechanism is similar to corporate stock buybacks, aimed at reducing circulating supply, boosting prices, and conveying long-term confidence. However, the effects of buybacks vary: some protocols benefit significantly in the short term, but may face pressure after buybacks end or are reduced. The sustainability of buybacks depends on protocol revenue and operational capabilities, with higher-revenue platforms more likely to maintain stable buybacks.
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HYPE2.86%
MEME32.36%
PUMP10.08%
21:21

Bitwise predicts that Bitcoin will have an average annual rise of 28% over the next ten years, potentially reaching $1.4 million by 2035.

Golden Finance reports that Matt Hougan, Chief Investment Officer of asset management company Bitwise, predicts that Bitcoin will achieve an average annual compound growth rate of approximately 28.3% over the next decade, rising from about $113,000 to $1.4 million in 2035, with a total market capitalization potentially reaching $28 trillion, surpassing the U.S. Treasury market and exceeding the market capitalization of gold.
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BTC1.03%
20:47

The Ethereum Foundation has launched the first phase of the "Trillion Dollar Security" initiative, focusing on user experience and wallet standards.

The Ethereum Foundation announced the first round of the "Trillion Dollar Security" plan, focusing on improving user experience and Wallet security, exploring minimum security standards for Wallets and drop the risks of blind signing, aiming to ensure the safety of users' on-chain funds, and will continue to promote more security projects in the future.
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ETH5.04%
18:28

Egypt's foreign minister spoke on the phone with the U.S. envoy, emphasizing the importance of Israel's response to the Gaza ceasefire proposal.

Egyptian Foreign Minister Sameh Shoukry spoke with the U.S. Special Envoy for the Middle East to discuss the situation in Gaza, emphasizing the importance of Israel's response to the ceasefire proposal to alleviate the suffering of the Palestinians and to promote an end to nearly two years of conflict, seeking a just resolution to the Palestinian issue.
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18:17

The U.S. has decided not to respond to the ceasefire proposal agreed upon by Hamas for the time being.

Jin10 News August 21 - On the local time of the 20th, Israeli Strategic Affairs Minister Dermer stated on the previous day during a meeting in Paris with a senior Qatari delegation that Israel is only interested in reaching a comprehensive ceasefire protocol, which means Hamas must release all Israeli captives and agree to relinquish control of Gaza. In addition, Israeli Channel 12 reported that Israel has decided not to respond temporarily to the ceasefire proposal agreed upon by Hamas.
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18:07

Fed Minutes: Fed staff lowered inflation expectations for the June meeting.

BlockBeats news, on August 21, Fed meeting minutes: some participants indicated that waiting for the full impact of tariffs on inflation to become clear before adjusting monetary policy is neither feasible nor appropriate. Most officials believe that the Fed's policy is in a favorable position. Participants also pointed out that more time is needed to better understand the magnitude and persistence of the impact of high tariffs on inflation. The Fed staff lowered the inflation expectations from the June meeting; however, they still expect tariffs to push prices higher. (Jin10)
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18:06

ETH fell below 4300 USDT

Gate News bot message, Gate market shows, ETH falls below 4300 USDT, current price 4298.27 USDT.
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ETH5.04%
18:05

Fed meeting minutes: The market believes that the overall U.S. economy remains resilient.

BlockBeats news, on August 21, the Fed released the minutes from the July meeting, which mentioned that the recent rise in stock prices and the narrowing of credit spreads indicate that the market believes the overall U.S. economy remains resilient; however, the financial markets seem to have begun differentiating based on the scale and quality of corporate earnings. The valuation of the S&P 500 index continues to be above the long-term average, primarily due to optimistic expectations about the potential benefits of large tech companies from further applications of artificial intelligence (AI). However, the valuation of small-cap stock indices, despite rising during the meeting interval, remains below historical averages. (Jin10)
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17:59

Argot Collective launches Ethereum strategic reserve, current open interest is 2474 ETH.

According to Jinse Finance, Strategic ETH Reserve announced on the X platform that Argot Collective has launched an Ethereum strategic reserve, currently holding 2474 ETH. Argot Collective is currently a non-profit, independent entity mainly responsible for building and maintaining the core language and tools for the operation of Ethereum applications.
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ETH5.04%
17:48

The publicly listed company Goobit Group has launched a Bitcoin treasury strategy and completed its first purchase of 10.6294 BTC.

Golden Finance reports that the publicly listed company Goobit Group has announced the launch of a Bitcoin treasury strategy and completed its first purchase of 10.6294 BTC, worth 1.23 million USD. It is reported that strategic investors, including Karl-Mikael Syding and Brad Mills, provided funding support. The company's short-term goal is to hold 210 BTC in its Bitcoin treasury.
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BTC1.03%
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17:08

U.S. lawmakers propose to authorize the president to combat overseas Crypto Assets theft.

PANews August 20 news, according to Bitcoin Laws, U.S. Arkansas Congressman David Schweikert has proposed a new bill that suggests allowing the president to issue "privateering licenses" to authorize individuals and companies to arrest Crypto Assets fraudsters outside the United States. The proposal aims to strengthen the crackdown on Crypto Assets theft and protect the interests of the industry.
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BTC1.03%
17:00

"125,000 U rollover go long ETH" Whale Holdings only closed position after 26 minutes, making a profit of $100,000.

Odaily News According to on-chain analyst Yu Jin's monitoring, a Whale "rolled over 125,000 U to go long on ETH" tonight opened a position with 25x leverage for 3,694 ETH, worth 15.75 million USD, at an opening price of 4,272 USD and a liquidation price of 4,183 USD. This position was held for only 26 minutes, earning a profit of 100,000 USD before immediately closing the position, and then withdrew all funds from Hyperliquid to deposit into Aave.
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ETH5.04%
16:35

The Federal Reserve Board of Governors Waller calls for embracing AI and stablecoin to drive payment innovation

According to ChainCatcher news and Jin10 reports, Fed Board Governor Waller is calling for embracing the "technology-driven revolution" propelled by artificial intelligence and stablecoins as a way to boost the U.S. economy. He stated that creating new payment services using innovative technology is not a new story and emphasized that Distributed Ledger technology can provide a more efficient way to track asset transfers. Waller also pointed out the impact of Decentralized Finance in the payment sector, suggesting that if the private sector collaborates with the Fed, it could create a win-win situation.
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16:23

Camp Network art IP wallpaper launched on BitBrand platform, on-chain royalties automatically distributed to creators

ChainCatcher news, the winning Mimi & Neko art IP works from the Remix event held at Camp Network are officially available for sale on the BitBrand platform, providing customized wallpapers for iPhone and Apple Watch, with royalties automatically distributed to creators through Remaster technology for each transaction. This case demonstrates the IP management capabilities on the Camp protocol blockchain, enabling a rapid transition from authorization to commercialization.
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IP5.84%
16:17

Kraken and Backed join forces with TRON DAO to promote stock tokenization applications, integrating xStocks into TRON.

PANews reported on August 20 that Kraken and Backed announced a strategic partnership with TRON DAO to integrate xStocks into the TRON Blockchain, further expanding the application range of stock tokenization. xStocks is an industry-standard stock token jointly launched by Backed and Kraken, and in the future, Kraken users in eligible regions will be able to access xStocks directly through the TRON Blockchain. The token will be deployed in TRC-20 format, ensuring that each token asset is fully backed 1:1.
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TRX1.9%
15:55

Cryptoquant: The increase in Strategy does not indicate a bottom phase, but aligns with market momentum and boosts sentiment.

BlockBeats news, on August 20, Cryptoquant released a market analysis indicating that the buying of Strategy does not always reach the bottom phase and push up the BTC price. It generally buys through OTC Trading and settles in batches on-chain. Sometimes this practice aligns with market momentum and boosts market sentiment, but the market depth far exceeds any single transaction. The best way to interpret the buying behavior of Strategy is to view its purchases as a demand background and then confirm through ETF flow, Spot CVD, and the Coinbase premium on US trading platforms.
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BTC1.03%
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15:36

SOON will be launched on Bitpanda and CoinTr

Odaily News SOON has recently been successfully listed on the leading European exchange Bitpanda and the Turkish exchange CoinTr. Bitpanda supports mainstream fiat currencies such as the euro, allowing European users to buy and sell SOON directly. CoinTr covers the Turkish market with a very high adoption rate of encryption, bringing high active users and emerging market liquidity to SOON. This dual listing marks SOON's entry into both the European compliance market and the emerging high-growth market.
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SOON-1.03%
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