"Bitwise Asset Management has officially submitted the necessary paperwork to launch the very first exchange-traded fund (ETF) focused on Chainlink (LINK) in the United States, marking a significant milestone in the intersection of cryptocurrency and mainstream finance." source: https://blocknews.com/bitwise-files-for-first-ever-spot-chainlink-link-etf-in-the-u-s/

According to BlockBeats, six newly created wallet addresses, potentially linked to Bitmine, have received a substantial transfer of 95,789 ETH, valued at approximately $427 million, from BitGo. This transaction was detected by lookonchain monitoring eight hours ago.

According to the announcement from Binance, starting at approximately 2025-08-28 16:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the THORChain (RUNE) network. This suspension is to facilitate a network upgrade and hard fork, aimed at enhancing user experience. The upgrade is scheduled to occur at block height 22,598,000, which is expected around 2025-08-28 17:00 (UTC). The trading of tokens on the THORChain network will remain unaffected during this period. Binance assures users that it will manage all technical requirements related to the upgrade. Once the network is confirmed stable post-upgrade, deposits and withdrawals will resume without further announcements. Users are advised to stay informed through the project's official channels for any additional updates.

Traders now see a 26% chance of ETH hitting 5,000 dollars this month. A “major liquidity floor” for ETH is being built by institutions. ETH has gained 20% in 30 days, while Bitcoin has fallen 6%. A tectonic shift is reshaping the cryptocurrency landscape source: https://coinjournal.net/news/eth-outperforms-btc-by-26-as-a-structural-shift-grips-the-crypto-market/

Bitwise Asset Management has filed paperwork with U. S. source: https://coindoo.com/wall-street-eyes-chainlink-bitwise-pushes-for-first-link-etf/

On-chain data shows Bitcoin is fast approaching the cost basis of the short-term holders, a retest of which could potentially change the asset’s course. Bitcoin Is Nearing The Short-Term Holder Realized Price As pointed out by CryptoQuant author Axel Adler Jr in a new post on X, Bitcoin could be closing in on the Realized Price of the short-term holders. The Realized Price here refers to an on-chain indicator that measures the cost basis of the average investor or address on the BTC network. Related Reading: Bitcoin Dives As On-Chain Data Shows Every Cohort Now Selling When the cryptocurrency’s spot price is trading above this indicator, it means the holders as a whole are sitting on some net unrealized profit source: https://www.newsbtc.com/bitcoin-news/bitcoin-slipping-down-107000-next-support/

According to BlockBeats, BitMine Chairman Tom Lee recently discussed the potential onset of a new bull market during an interview on amit live. Lee emphasized that while the market has undergone risk adjustments earlier this year, particularly between February and April, two positive factors have yet to fully impact the market. Firstly, a shift to a dovish stance by the Federal Reserve could generate optimistic market expectations. Secondly, the U.S. ISM index remains below 50, indicating that the economy has not yet entered an expansion phase. A true bull market may emerge when this index surpasses 50 and the Federal Reserve begins to lower interest rates. Lee noted that such conditions would not only lead to a recovery in manufacturing but also drive market growth through advancements in artificial intelligence and reduced mortgage rates. From the perspective of institutional investors, these developments signal the beginning of a new bull market. Institutional investors view the market's low point in April as a period of forced risk reduction due to high volatility and uncertainty. Typically, under such conditions, institutional investors are unable to make purchases, opting instead to de-risk when visibility is lacking and market fluctuations are significant.

According to Foresight News, Ethereum co-founder Vitalik Buterin shared his views on prediction markets, highlighting their accuracy compared to token voting. Buterin explained that in token voting, individuals face no penalties for supporting incorrect options unless they are the rare person who can overturn the result. In contrast, prediction markets impose financial losses on those who make incorrect judgments, with significant losses for large bets on wrong outcomes. Buterin expressed that he personally finds the probabilities offered by prediction markets to be more accurate than impressions gained from professional or social media. He noted that these markets help him maintain rationality and avoid overestimating the importance of events, while also recognizing when significant events do occur.

On August 7, 2025, the US Department of Justice convicted Tornado Cash co-founder Roman Storm for running an unlicensed money transmission business. The case, seen as a crackdown on crypto mixing infrastructure, directly affects hacker groups’ laundering networks. Weeks later, on August 26, the FBI confirmed that the Lazarus Group was behind the $1. 5 billion Bybit hack — the most significant theft in crypto history source: https://beincrypto.com/north-korea-crypto-hacks-2025/

According to Foresight News, BetterBank's contract on the Pulse Chain has been targeted in an attack, as monitored by CertiK. The attacker has converted the stolen assets into 215 ETH, valued at approximately $983,000, which are currently held in an address starting with 0xf3. BetterBank reported that the initial loss was around $5 million and is currently working on rewriting and restarting the affected Favor contract.

Golden Finance has launched the 2798th issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

World Liberty Financial, a joint venture between the Trump family and crypto geeks, is expanding rapidly.

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.

Powell, cryptocurrency, why did Powell's dovish remarks fail to support the price of Bitcoin? Golden Finance, in-depth thinking behind Bitcoin's "willful decline"

The Monero and Qubic incidents reveal how small PoW blockchains can be exposed to the risk of consensus disruption when miner incentives and computing power are concentrated, ultimately shaking trust in the network.

Recommended reading for this evening: 1. The rise and risks of Bitcoin treasury companies; 2. Pantera rushes into the SOL reserve plan: Why are giants bullish on SOL?; 3. Bitwise: BTC predictions for the next ten years;

The new regulations mark the beginning of a "penetrating" crackdown by judicial authorities on the virtual currency industry.

The world’s two largest cryptocurrencies have experienced extreme market volatility over the past 48 hours.

Stablecoins, gray behemoths vs. whitelisted players: A look into the "fork moment" brought about by compliant stablecoins. Golden Finance: From a macro perspective, stablecoins are entering an unprecedented reshuffle phase.

Fundstrat’s Tom Lee said Ethereum may have reached its lowest point “within hours” as the crypto market began to recover. He highlighted that ETH’s current setup offers a strong risk-to-reward scenario, with a potential rebound to $5,100–$5,450 if the trend holds.