Trump-Putin Press Conference: Trump Says No Agreement on "Most Important" Aspects
According to Jin10 data, US President Trump stated at a joint press conference with Russian President Putin that they did not reach an agreement on what might be the "most important aspect" during their meeting, but there is a high possibility of reaching a consensus. He said: "We have reached an agreement on many issues. Only a few points remain. Some are not that important. One of them might be the most important, but we are very likely to achieve this goal. We haven't done it yet, but we are very likely to do so." He will later call Ukrainian President Zelensky, NATO country leaders, and some people he considers appropriate to report on the meeting. Trump said he hopes for good and productive meetings between the US and Russia in the future and expects to meet with Putin again soon. Russian President Putin stated that the talks with US President Trump were constructive, and they have established a very good direct connection. They sincerely hope to end the conflict but must eliminate all roots and consider all of Russia's concerns. He thanked Trump for his cooperation and friendly conversation attitude. He hopes Ukraine and Europe will not try to disrupt the talks. The potential for Russian-US investment cooperation is huge. They hope today's agreement will be the starting point for restoring Russia-US relations. If Trump had been the US president a few years ago, the Russia-Ukraine conflict would not have occurred. The next meeting with Trump may be in Moscow.
Federal Reserve's Daley Hints at Possible Two Rate Cuts This Year
According to Jin10 report, San Francisco Fed Chair Daley said in an interview that considering last month's stronger-than-expected retail sales and unexpected wholesale price increases, she is still prepared to start easing policy as early as next month. Daley noted that despite a soft job market and economic slowdown, "two rate cuts this year is still a good prediction" compared to inflation above the Fed's target.
Nano Labs Releases First Half Financial Report: Net Income of 8.3 Million Yuan, Currently Holding Over 128,000 BNB
Nano Labs (NASDAQ: NA) released its unaudited financial report for the first half of 2025 today. The report shows that the company's net income for the first half was 8.3 million yuan, with net loss narrowing to 11.8 million yuan, a year-on-year decrease of 80%. The company's cryptocurrency strategic reserve has made significant progress, currently holding over 128,000 BNB, with a fair value change income of 48.6 million yuan during the period. As of June 30, 2025, the company's cash and cash equivalents were 363 million yuan. Nano Labs Chairman Kong Jianping stated that the company will continue to strengthen its cryptocurrency strategic reserve model and enhance reserve capabilities through various methods to seize new market opportunities.
New Address Withdraws 17,300 ETH from Kraken in Past 13 Hours
On August 16, according to Onchain Lens monitoring, a newly created wallet address withdrew 17,381 ETH from Kraken in multiple transactions over the past 13 hours, valued at $76.9 million. The address has cumulatively withdrawn 34,973 ETH from Kraken, worth $154 million.
Grayscale Submits S-1 Application for Doge ETF to SEC
On August 16, according to official data, Grayscale has submitted the S-1 application file for a Doge ETF to the US Securities and Exchange Commission.
Bitmine (BMNR) Adds 135,000 ETH in Past 10 Hours, Total Holdings Reach 1.297 Million ETH
On August 16, according to blockchain data analyst Yu Jin's monitoring, Bitmine (BMNR) continued to accumulate 135,135 ETH through three institutional business platforms: FalconX, Galaxy Digital, and BitGo, valued at $600 million. Its total ETH reserve now stands at 1.297 million, worth $5.77 billion.
Ethereum Foundation-Related Address Sells 1,100 ETH Again
According to Onchain Lens monitoring, an Ethereum Foundation-related address starting with 0xf39d sold 1,100 ETH again. Over the past 3 days, the address has sold 7,294 ETH at an average price of $4,558, with a total value of about $33.25 million. Additionally, they transferred 16,000 ETH (approximately $71.45 million) and 6 million Dai to a new wallet. Regarding the ownership of this whale address, Ethereum Foundation Co-Executive Director Hsiao-Wei Wang stated that the selling was not done by the foundation. In the 2014 ICO, about 9% of ETH supply was allocated to the Ethereum Foundation. Currently, the foundation holds less than 0.3% of the total ETH supply. Therefore, after 10 years, many addresses associated with the Ethereum Foundation may be found.
Coinbase Report: $7 Trillion Cash Ready, Altcoin Season May Fully Arrive in September
The cryptocurrency market outlook for Q3 2025 is optimistic, with expectations of a full altcoin season in September as funds rotate from Bitcoin to altcoins. The Fed's potential rate cut may drive retail funds into the crypto market, with institutional interest in ETH growing. Stablecoins and RWA narratives are enhancing their attractiveness. LDO stands out due to its liquid staking characteristics and SEC regulatory stance. Although the total altcoin market cap has grown significantly, the altcoin season index remains below historical thresholds, but market trends suggest conditions are gradually maturing.
Standout Performance: How Did Temasek-Invested CYC Double in a Day?
On August 14, when Bitcoin flash crashed and caused market panic, the CYC token surged 84.57%, with a valuation of $149 million. Behind this is the Cycle Network project supported by Temasek, focusing on cross-chain settlement technology. Through airdrop warm-up, multi-platform listings, and exchange marketing strategies, CYC became a market focus during the crash, but its long-term value still needs technical implementation verification.
Chainlink Initiates Value Capture Flywheel, Potential Hidden Winner of On-Chain Economy?
Chainlink has become a core beneficiary of this bull market through RWA tokenization and institutional adoption trends. Its "flywheel effect" converts network income into token buying pressure through the $LINK reserve mechanism, driving price up nearly 50%. As a key infrastructure connecting traditional finance and blockchain, Chainlink dominates the oracle market (84% market share on Ethereum) and is adopted by giants like SWIFT and JPMorgan. Its tokenomics continuously tightens supply through on-chain fee buybacks and staking mechanisms, forming a "selling shovels" long-term value capture. Currently, $LINK's valuation is significantly lower than similar projects (like XRP), with technical breakthroughs at key resistance levels, showing outstanding upside potential.
