Ether price shows resilience despite macroeconomic uncertainty, with derivatives steady and onchain activity strengthening the prospect of a recovery. source: https://cointelegraph.com/news/eth-futures-data-reflects-traders-fear-while-onchain-data-points-to-a-price-recovery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BNB (Binance Coin) surged 4.48% in the past 24 hours to $873.31, reaching a new all-time high (ATH) and outperforming the broader cryptocurrency market, which gained 1.8%. Analysts point to institutional buying, technical momentum, and strong ecosystem growth as key drivers of the rally.Institutional Demand Fuels BNB Price SurgeOn August 18, Nasdaq-listed BNB Network Company (BNC) announced a $160 million purchase of BNB, raising its total holdings to 325,000 tokens valued at $283 million. This acquisition makes BNC the largest publicly listed corporate treasury holder of BNB.The purchase follows Windtree Therapeutics’ $60 million BNB allocation in July, signaling growing institutional confidence. Data shows that the share of BNB held on exchanges has fallen to 22.6%, down from 28.4% in July, tightening supply and supporting upward price pressure. Market attention is now turning to BNC’s next scheduled $500 million tranche.Technical Breakout Beyond Resistance LevelsBNB broke through the $869 resistance level on August 19, supported by its 7-day simple moving average at $840.57 and a bullish moving average convergence divergence (MACD) signal. However, the relative strength index (RSI-14) stands at 56.93, suggesting moderate overbought conditions.The “Maxwell” upgrade, implemented on June 30, reduced block times to 0.75 seconds, driving higher developer adoption. Since then, BNB Chain’s total value locked (TVL) has climbed 20% to $12.1 billion. Analysts expect the next resistance at $905.75, the 127.2% Fibonacci extension level.Ecosystem Growth Accelerates With BNB HackathonThe ongoing #BNBHack competition has attracted more than 180 project submissions in areas such as artificial intelligence (AI) and decentralized physical infrastructure networks (DePIN). Sponsored challenges from NetMindAI and AITECHio have helped boost activity, with BNB Chain processing 13.95 million transactions on August 19, up 14% week-over-week.Industry observers note that sustained developer engagement enhances the network effect of BNB Chain and strengthens long-term demand for BNB as its native gas token.Can BNB Break $900 Next?BNB’s record price reflects the combined impact of institutional accumulation, bullish technical signals, and ecosystem expansion. While traders caution against short-term volatility due to overbought indicators, many are watching closely to see if BNB can breach the $905 resistance and maintain momentum above $900.

According to a Binance Research report, tokenized stocks are nearing a major inflection point reminiscent of the early days of decentralized finance. source: https://cointelegraph.com/news/kraken-backed-expand-tokenized-stocks-to-tron-ecosystem-amid-rwa-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Coinbase CEO Brian Armstrong predicts Bitcoin could hit $1 million by 2030, citing clearer U. S. regulations, growing institutional demand, and shrinking technical risks as key drivers. source: https://www.thestreet.com/crypto/markets/coinbase-ceo-brian-armstrong-predicts-1m-bitcoin-by-2030-

The digital asset associations revealed on Wednesday that several key crypto trade organizations have sent a letter to U. S. President Donald Trump urging the “expeditious confirmation” of Brian Quintenz as chairman of the Commodity Futures Trading Commission (CFTC). Crypto Groups Unite to Back Quintenz NominationSigned by the Crypto Council for Innovation (CCI), Blockchain Association, Decentralization Research […] source: https://cryptonews.com/news/crypto-groups-back-brian-quintenzs-cftc-nomination/

The rationale behind token buybacks mirrors traditional corporate share repurchase programs, but the effectiveness shows mixed results. source: https://www.theblock.co/post/367488/crypto-token-buybacks-hit-40-million-weekly-as-protocols-mimic-corporate-repurchase-playbook?utm_source=rss&utm_medium=rss

BNB hits a record $873, turning a $1,000 investment in 2017 into $873,000. source: https://www.thestreet.com/crypto/markets/bnb-hits-new-all-time-high-of-873-early-1000-investment-now-worth-873000

On Aug 20, 2025, 21:15 PM(UTC). According to Binance Market Data, BNB has crossed the 880 USDT benchmark and is now trading at 880.789978 USDT, with a narrowed 5.28% increase in 24 hours.

Wiki Cat (WKC) has shocked the market with a 293% move even as crypto extends its losing streak to a sixth day. The token has been around for years, but it only staged its first major breakout this month, vaulting past a $200 million market cap and showing just how unpredictable meme coin runs can be. […] source: https://cryptonews.com/news/snorter-bot-token-raises-3-5m-wiki-cat-293-surge/

Kraken’s acquisition will add natural-language trading automation to its Pro platform, as exchanges, miners and analytics companies move aggressively into AI. source: https://cointelegraph.com/news/kraken-buys-capitalise-ai-crypto-companies-race-acquire-ai-startups?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Stablecoins, which once stood still, are now experiencing new life.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

In the field of digital finance, Web3 is seen as a new generation of disruptive Internet infrastructure.

If we measure success by speculation, we'll build castles of sand. If we measure success by infrastructure, we'll lay foundation stones.

Recommended reading tonight: 1. Google invests $132 million in crypto mining: Why did it choose TeraWulf? 2. Interest rate cut expectations, DAT speculation, and market indicators: When will the bull market top? 3. BTC will remain the world's best-performing asset over the next 10 years.

Is the crypto market a healthy correction or a sign of recession? What's the outlook for the crypto market? Golden Finance reports that the downward trend seems to be unstoppable.

OpenAI is planning a secondary share sale that could see employees cashing out around $6 billion, potentially valuing the company at $500 billion. The move comes as revenue surges from ChatGPT growth and the firm expands with new funding, acquisitions, and AI development.

Shein’s high-stakes push for a public listing has taken a new twist. The fast-fashion giant is reportedly considering shifting its corporate base back to China from Singapore in a bid to win Beijing’s approval for a Hong Kong initial public offering (IPO), according to Bloomberg.

Is it because there are too many Ethereums waiting to be unlocked that has caused market concerns and triggered the decline in Ethereum?

Can stablecoins like ETH and BMNR continue to rise? Cathie Wood discusses the investment logic behind BitMine, the Ethereum treasury. Golden Finance discusses ARK's bet on the crypto and tech boom of the next decade.