President Trump has stated that Bitcoin is very powerful and pointed out that many people are using it, and believes that currently no one truly understands its level of power. （Watcher.Guru）
Huang Licheng responded that the report of Taiwan, China's media on the 84 times increase of its portfolio income was false news. Huang Licheng stated that he will roll over about $150000 to about $11.15 million, accumulating a profit of about $11 million. However, he has accumulated a loss of about $35 million from long positions in ETH over the past 10 months, and the historical loss has narrowed to about $24 million after this round of profit.
Binance Wallet and Axis Robotics have launched an exclusive event, offering a reward pool of 1.5 million Axis points. The event will take place from 2:00 PM on August 26th (UTC+8) to 2:00 PM on September 25th (UTC+8). （Binance Wallet）
On chain structured product infrastructure City Protocol has completed seed and Pre-A rounds of financing, with a total financing of $11 million. Investors include Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, Mirana, and others. Venzo, the flagship platform of City Protocol, has launched four strategic vaults with TVL reaching $40 million.
As of August, the cumulative recharge amount of USDC and USDT stablecoin cards reached 13.8 billion US dollars, an increase of nearly 10 billion US dollars compared to the past 12 months. USDC leads in consumption scale, with Base Chain accounting at around $1.2 billion, Solana at $635 million, Polygon at $544 million, and Optimism at $509 million. Stablecoins rely on payment networks such as Visa and Mastercard. Circle has renewed its USDC partnership with Coinbase and excluded dividend arrangements. （Bitcoin.com News）
In the Polymarket prediction market, address 0xc84f7e76ec28ef20e7773b7b4926bfb738be0c5, with a total profit of nearly $420000, bought 648781.0 shares at an average price of 50 ¢ and invested $497000 to bet that JD Vance would not win the 2028 US presidential election. The market will settle after the Associated Press, Fox News, and NBC all announce the same candidate's victory, with JD Vance currently having a 23.3% chance of winning in the market.
