the founding meeting of the Hong Kong Digital Asset Listing Company Association was held in West Kowloon, Hong Kong, marking a new stage of collaborative development in the Hong Kong digital asset industry. Hong Kong government officials and legislators attended and delivered speeches. As the exclusive financial technology company of A shares, Beijing North attended the founding meeting and served as the vice chairman unit. At the meeting, Beijing North and participating companies conducted extensive exchanges and communications on the digital asset industry. 

Matrixport released a new report on social media, stating that the current market focus continues to be on Ethereum and Ethereum treasury concept companies. Ethereum's current upward trend remains unbroken and has received support at the moving average line. The buy-the-dip strategy in mid-August has been effective. Analyst Markus Thielen stated, however, that Ethereum's upward momentum is weakening, and it is expected to fluctuate in the range of $4,355 to $4,958, with a high likelihood of testing the $4,355 support level again. The future trend will largely depend on the fundraising ability of Ethereum treasury concept companies and the market narrative they convey. This remains the core theme of the crypto market - respecting technical analysis may be the watershed between profit and loss.

according to CryptoQuant.com's chart, the Taker Buy/Sell Ratio of Bitcoin (BTC) 30-day moving average has dropped to the lowest level since May 2018; "The significant drop in the Taker Buy/Sell Ratio 30-day moving average is a warning signal, indicating that the Bitcoin market may face significant selling pressure in the short term."

according to The Bitcoin Historian, the market news: the UAE royal family's affiliated hedge fund LUNATE plans to acquire a minority stake in Brevan Howard, which holds a $2.3 billion Bitcoin ETF.

according to Bitcoin.com News, TeraWulf has reached a multi-billion dollar high-performance computing (HPC) agreement with Google.

according to The Bitcoin Historian, market news: Trump advisor David Bailey said that Bitcoin is becoming a "global reserve asset" and has urged the president to buy 1 million Bitcoins (BTC).

 according to Whale Alert monitoring, at 15:09, 1500 bitcoins (valued at 166592521 million US dollars) were transferred from an unknown wallet to a new unknown wallet.

On August 27th, Bitlayer announced that the BTR airdrop will go live today. Airdrop inquiries have been open since 14:00, and the airdrop collection website will open at 18:00.

the cryptocurrency exchange KuCoin announced that it will be the first global cryptocurrency exchange to support Thailand's new digital investment token G-Token plan. G-Token is the world's first publicly issued tokenized government bond program issued by the Thai Ministry of Finance, marking Thailand's first government bond listed on a digital asset exchange. Thailand's KuCoin is a licensed digital asset exchange operator regulated by the Thai Securities and Exchange Commission and will be one of the first digital asset exchanges to support G-Token subscription, redemption, and listing. With regulatory approval, G-Token will also be listed on KuCoin's global platform.

according to WhaleAlert monitoring, at 15:42, 500 bitcoins (worth $55,367,855) were transferred from an unknown wallet to Binance.

Pan Sen Macro believes that September seems to be the last chance for the European Central Bank to lower interest rates in the eurozone. The European Central Bank kept its key interest rate at 2.00% at the last meeting held in July, and most investors now expect that the European Central Bank will not cut interest rates next month. Pan Sen Macro believes that this situation may change if consumer price inflation is lower than expected in August. Eurozone CPI data will be released next week. Meanwhile, with the rise in energy and commodity prices, inflation may further soar. With inflation rebounding from September, the window for further easing this year will close. 

according to the official announcement, the Binance wallet will launch the TGE of the Mitosis (MITO) token from 8:00 to 10:00 p.m. on August 28, 2025. Users need to use Binance Alpha points to participate in the subscription. Token contract trading will open at 10:30 p.m. on the same day. TGE details and activity pages will be released soon.

On August 27th, Tokyo-listed financial services company Monex Group announced that it is considering launching a stablecoin pegged to the Japanese Yen. According to Monex Group, this proposed stablecoin pegged to the Japanese Yen will be backed by assets such as Japanese government bonds, and can be exchanged for Yen at a 1:1 ratio. Potential use cases for this stablecoin include cross-border remittances and corporate settlements. Monex Group owns the Japanese cryptocurrency exchange Coincheck and operates a domestic brokerage business. The group plans to leverage these two major business segments to advance the stablecoin project.

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according to on-chain analyst Ai Yi (@ai_9684xtpa) monitoring, there are already 13.35 billion tokens in the WLFI Lockbox contract, worth $3.5 billion. Although WLFI has fallen 52.5% from its high point, based on the current contract price of $0.2615, the book return rate of the first round of public offering investors is still 16.43 times, and the second round is still 4.23 times.

the Financial Services Agency of Japan has proposed a series of tax reform plans for 2026, aimed at comprehensively adjusting the current cryptocurrency tax framework. The core content of the reform includes two aspects: first, changing the current comprehensive tax system (when cryptocurrency income is combined with salary income for taxation, the highest tax rate can reach 55%) to a separate fixed tax rate system, with a tax rate of about 20%; second, introducing a "three-year loss carryforward" mechanism similar to stock market rules (i.e. losses can be offset against taxable income in the next three years).

On August 27th, Hong Kong Web3 media Techub News reached a strategic cooperation with South Korean blockchain media TOKENPOST. TOKENPOST will open a Hong Kong content section, providing localized industry information by Techub News; at the same time, Techub News will launch a South Korean content column, with content supported by TOKENPOST. This cooperation aims to break information barriers and provide more comprehensive and timely blockchain industry dynamics and market insights for readers in both regions. In the future, the two parties will engage in more in-depth cooperation discussions in industry conferences, investments, content, and other aspects.

On August 27th, Solana Virtual Machine (SVM) Solayer announced the launch of a cross-chain bridge sBridge with a dedicated SVM semantics. SOON and Sonic both support sBridge. sBridge directly connects Solana to InfiniSVM and other SVM chains, enabling seamless real-time liquidity and asset transfers without the need for EVM detours.

 according to Cointelegraph, U.S. prosecutors have appealed the sentence of the co-founders of the cryptocurrency mining service company HashFlare. Prosecutors believe that HashFlare co-founders Sergei Potapenko and Ivan Turõgin should be sentenced to 10 years in prison, and have appealed the decision.

according to Ark Invest Tracker, ArkInvest reduced its holdings of 1952 shares of Coinbase stock yesterday, calculated at a closing price of $308.48 per COIN, worth approximately $602,000.