OKX market data shows that SOL has fallen below 200 USDT, currently trading at 199.99 USDT, a 24-hour drop of 1.66%. (This newsletter was generated with AI assistance)

OKX market data shows that BTC has fallen below 110,000 USDT, currently trading at 109,983.5 USDT, a 24-hour drop of 0.6%. (This newsletter was generated with AI assistance)

FutureCrest Acquisition, a blank check company (SPAC) led by BitMine Chairman Tom Lee, filed documents with the U.S. Securities and Exchange Commission (SEC) on Friday, aiming to raise up to $250 million through an initial public offering (IPO). The company said it will seek to leverage its management team's expertise in artificial intelligence, digital assets, fintech, infrastructure, robotics, and communications, as well as social capital, while also highlighting opportunities in business intelligence, productivity software, and digital health. (Renaissancecapital)

Michael Saylor, founder and executive chairman of Strategy (formerly MicroStrategy), posted another Bitcoin Tracker update on the X platform, writing, "Need more orange." His previous Bitcoin Tracker updates were typically followed by the disclosure of Strategy's Bitcoin accumulation data the day after.

U.S. Treasury Secretary Benson said he would not change economic policy based on a single number. Employment data showed that Trump's criticism of the Federal Reserve's slow action was correct, and the revised employment forecast for 2024 could see a decrease of 800,000 jobs. (Jinshi)

Polkadot announced on the X platform that there will be a major launch tomorrow (big launch tomorrow…).

Tether CEO Paolo Ardoino posted on the X platform: "Tether did not sell any Bitcoin, but instead invested part of its Bitcoin reserves into XXI. Tether will continue to invest part of its profits in safe assets such as Bitcoin, gold and land. Tether is a stable company."

Fundamental Global Inc., a Nasdaq-listed Ethereum treasury company, announced that its certificate of amendment to its amended and restated articles of incorporation has been declared effective by the Nevada Secretary of State, officially changing its corporate name to "FG Nexus Inc." Furthermore, the amendment will increase the company's outstanding common stock from 1.3 million to 35.4 million shares to support its continued accumulation of ETH. (Globenewswire)

According to PANews, Michael Saylor recently shared a Bitcoin Tracker update on the X platform, stating, "Need more orange." Historically, Strategy Company has typically disclosed Bitcoin acquisition data the day after such updates are posted by Saylor.

According to BlockBeats, FutureCrest Acquisition, a special purpose acquisition company (SPAC) led by BitMine Chairman Tom Lee, has filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $250 million through an initial public offering (IPO). Tom Lee, known for his bullish stance on cryptocurrency, highlighted his past predictions on Bitcoin prices in the IPO prospectus. FutureCrest Acquisition plans to leverage its management team's expertise in areas such as artificial intelligence, digital assets, fintech, infrastructure, robotics, and communications when seeking merger and acquisition targets. The company also sees potential in business intelligence, productivity software, and digital health sectors. The SPAC intends to list on the Nasdaq under the ticker symbol FCRSU. The filing was initially submitted confidentially on August 5, 2025. Cantor Fitzgerald is serving as the sole book-running manager for the transaction.

The "RWA and Stablecoin" roundtable at the first CRYPTO Raver conference brought together early blockchain practitioners, traditional financial executives, real economy operators, policy researchers and other bigwigs.

As of 2025, the holding structure of Ethereum (ETH) is highly centralized, with the top 10 addresses controlling approximately 61% of the circulating supply, but this is mainly dominated by institutions, contracts, and exchanges, rather than individuals.

The August DApp industry report shows that although overall on-chain activity has cooled, several key areas are still showing strong development momentum.

Good news every day may bring excitement, but if the entry threshold remains high, liquidity remains poor, and consensus remains weak, these positive news will have little impact on most people.

This issue reviews Strategy's DAT business-related content for your reference.

This week, 18 blockchain startups raised a total of $508.7 million. AlloyX Limited secured $350 million in a mergers and acquisitions (M&A) round from Solowin, the largest round of the week.

United States, Cryptocurrency, Federal Reserve, The wave of U.S. bankruptcies in 2025 and its profound impact on the economy and markets Golden Finance, In 2025, the U.S. economy is at a critical crossroads.

Recently, Morph, a public chain project under Bitget, announced the cancellation of its original plan to issue new tokens and instead directly adopt BGB (Bitget platform currency) as the public chain token.

On August 29, 2025, Foton Investment Holding issued RMB 500 million offshore bonds in Hong Kong (with a term of 2 years and a coupon rate of 2.62%). The token is named FTID TOKEN 001 (abbreviated as Fubi), marking a milestone in the digitization of state-owned enterprise bonds.

If decentralization dies once it becomes inconvenient, did it ever really exist?