Key PointsTokenized assets under management (AUM) have climbed to an all-time high of ~$270B.Asset classes include cryptocurrencies, commodities, government bonds, private credit, equities, and venture capital.According to ChainCatcher, the market for tokenized real-world and digital assets continues to expand rapidly, hitting a new record of $270 billion AUM. This surge reflects strong demand for on-chain investment products spanning both traditional asset categories (such as bonds and equities) and crypto-native instruments.The growth underscores how tokenization is gaining traction as a bridge between traditional finance and blockchain, offering greater liquidity, transparency, and accessibility for a diverse set of assets.Tokenization is emerging as one of the strongest adoption trends in blockchain finance, with asset-backed tokens now commanding hundreds of billions in value.

Key PointsBank of America’s global fund manager survey shows most respondents have no cryptocurrency exposure.Among the minority with exposure, the average allocation is only 3.2%.Insight shared by Nate Geraci, co-founder of The ETF Institute, on Aug. 17 via X.According to TechFlow, Nate Geraci noted that the latest BofA Global Fund Manager Survey highlights a striking lack of cryptocurrency adoption in traditional portfolios. Despite the growth of institutional crypto products, the majority of global fund managers reported “zero” exposure to digital assets.For the small subset of managers who do allocate, crypto holdings averaged just 3.2% of portfolios—a signal that institutional positioning in BTC, ETH, and related assets remains cautious and marginal.Institutional crypto adoption is still in its infancy, with exposure concentrated among a few managers and at low weights.

Key PointsNate Geraci, President of The ETF Store, says companies holding BTC & ETH should be treated as cryptocurrency derivatives.Warns of special risks tied to their valuations and market sensitivity.Surprised that the industry still debates this classification.According to TechFlow, Nate Geraci, president of The ETF Store, argued on Aug. 18 that publicly traded firms whose treasuries primarily hold Bitcoin (BTC) and Ethereum (ETH) should be regarded as crypto derivatives, not traditional equities.Geraci emphasized that these firms carry unique risk profiles, since their valuations are largely dependent on underlying crypto asset performance. He expressed surprise that the industry still debates this framing, stating that valuation models must explicitly incorporate their derivative-like characteristics.Investors should assess BTC/ETH treasury stocks as high-beta crypto proxies, with risks distinct from both traditional equities and direct crypto exposure.

Key PointsEthereum validator exit queue hit 855,158 ETH Friday — an all-time high.Bitwise strategist Juan Leon links rising unstaking to ETH’s recent pullback.Large unstaking flows can create systemic selling pressure via stETH discounts, DeFi deleveraging, and forced liquidations.According to PANews, the Ethereum validator exit queue reached a record 855,158 ETH last week. Juan Leon, senior investment strategist at Bitwise, said this surge in unstaking could explain ETH’s recent weakness.Leon noted that heavy exits generally weigh on ETH’s price, as:stETH discounts reduce collateral value → forcing risk reduction and hedging.DeFi leverage loops (“stETH cycle”) become unprofitable → traders unwind positions, selling ETH to repay loans.This synchronized behavior may magnify spot ETH selling pressure in coming sessions.With over 850k ETH queued for exit, market participants should brace for sustained supply-side pressure as DeFi leverage unwinds. 

Key PointsJuly CPI initially revived rate-cut trade memories from July 11, 2024.July PPI (released Aug. 14) exceeded expectations, denting the trade.Powell’s Jackson Hole speech could reset expectations for a September rate cut.Rate-cut sensitive sectors: Russell 2000, S&P 500 Real Estate, Nasdaq Biotech.According to Jinshi Data, a CITIC Securities research note said U.S. equity markets have put rate-cut speculation on pause, awaiting cues from Federal Reserve Chairman Jerome Powell’s remarks at the Jackson Hole Global Central Bank Annual Meeting.The firm highlighted that while July’s CPI rekindled memories of the July 11, 2024 rally in rate-sensitive assets, the stronger-than-expected July PPI print on Aug. 14 dampened sentiment.CITIC Securities believes if Powell adopts a dovish tone and signals a September rate cut, markets could see a renewed rally in the Russell 2000, S&P 500 Real Estate, and Nasdaq Biotech indices—mirroring moves seen during the July 2024 rate-cut trade.

Key PointsEthereum (ETH) may be entering a new stage of application development, per Hong Kong experts.Unlike Bitcoin, Ethereum evolves via technical standards set by the Ethereum Foundation.DeFi can provide innovative financing channels for Hong Kong startups, entrepreneurs, and artists.According to TechFlow, Li Kaixiang, member of the Hong Kong Cyberport Creative Micro Fund Enterprise Development Advisory Group, said Ethereum applications are poised to enter a new phase of growth.Li noted that unlike Bitcoin’s fixed structure, Ethereum benefits from adaptable technical standards maintained by the Ethereum Foundation, allowing it to evolve with market needs.He emphasized that Ethereum’s ecosystem—particularly decentralized finance (DeFi)—can serve as a new source of capital for Hong Kong entrepreneurs and artists, offering innovative financing models outside of traditional banking. 

Key PointsMetaplanet shares fell below $6, down 33.15% in the past month.The drop comes as the firm continues to expand its Bitcoin holdings.This contrasts with expectations of gains in Japan’s crypto sector following regulatory news.According to TechFlow, Japanese crypto exchange Metaplanet saw its stock price fall to $6.01 on August 18, marking a new monthly low and a 33.15% decline over the past month.The sell-off comes despite the company’s continued accumulation of Bitcoin reserves. Market watchers had expected Japanese crypto-related equities to rise after the Nikkei reported that Japan’s Financial Services Agency (FSA) will approve the country’s first yen-denominated stablecoin.Instead, Metaplanet’s persistent decline underscores investor caution, suggesting Bitcoin treasury strategies alone may not offset equity market headwinds in the current environment. 

Key PointsWhen: Friday, Aug. 22, 10:00 a. m source: https://www.binance.com/en/square/post/28473713530082?utm_source=BinanceNewsRSS

Key PointsWhen: Friday, Aug. 22, 10:00 a.m. ET (14:00 UTC / 22:00 SGT)What: Remarks on the economic outlook and the Fed’s policy framework reviewSource: Reported by ChainCatcherFederal Reserve Chair Jerome Powell will give a speech on Friday, Aug. 22 at 10:00 a.m. Eastern Time, outlining the economic outlook and updates related to the Fed’s monetary policy framework review. The remarks come amid heightened market focus on the Fed’s rate path and inflation dynamics.Why it mattersRate-cut expectations: Markets are keyed to Powell’s guidance on the timing and pace of rate cuts, with traders watching for any shift in language on growth, labor markets, and inflation progress.Framework signals: Any hints on the Fed’s average-inflation targeting, balance sheet strategy, or tolerance for above/below-2% inflation could recalibrate bond yields, the dollar, and risk assets.Cross-asset impact: Equities, Treasuries, USD, gold, Bitcoin, and ETH often react quickly to changes in Fed guidance.What to watch in the speechUpdates on inflation trajectory and the labor marketGuidance on September meeting probabilities and forward guidance toneCommentary on financial stability and liquidity conditionsClues on balance sheet runoff versus potential adjustments

شهد سعر سهم كوكا كولا (KO) أداءً إيجابيًا في جلسة اليوم، حيث أغلق عند 69. 92 دولار أمريكي، مرتفعًا بمقدار 0. 37 دولار، وهو ما يمثل زيادة بنسبة 0. 53% source: https://www.tradersup.com/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a5%d9%82%d8%aa%d8%b5%d8%a7%d8%af%d9%8a%d8%a9/%d8%a3%d8%ae%d8%a8%d8%a7%d8%b1-%d8%a3%d8%b3%d9%87%d9%85-%d8%a7%d9%84%d8%aa%d8%af%d8%a7%d9%88%d9%84-%d8%a7%d9%84%d9%8a%d9%88%d9%85/%d9%83%d9%88%d9%83%d8%a7%d9%83%d9%88%d9%84%d8%a7-%d9%85%d8%b3%d8%aa%d9%88%d9%8a-%d8%a7%d9%84%d9%85%d9%82%d8%a7%d9%88%d9%85%d8%a9-%d8%b9%d9%86%d8%af-%d8%b3%d8%b9%d8%b1-74-37-%d8%af%d9%88%d9%84%d8%a7/146525

Circle, VISA, Stablecoin Chain, Sự trỗi dậy của Stablechain: Cuộc chiến giành vị thế thanh toán tối cao của Circle và Visa. Golden Finance: Blockchain Stablecoin đang đến gần. Tại sao hai gã khổng lồ này lại phải lo lắng?

WiseLink của Đài Loan đã dẫn đầu vòng gọi vốn 10 triệu đô la cho Top Win International, công ty niêm yết trên Nasdaq, giúp công ty này mua Bitcoin và mở rộng sang lĩnh vực tài sản kỹ thuật số. Thỏa thuận này đưa WiseLink trở thành công ty đại chúng đầu tiên của Đài Loan hỗ trợ chiến lược kho bạc Bitcoin và hướng đến mục tiêu kết hợp việc nắm giữ tiền điện tử với các hoạt động kinh doanh xuyên biên giới.

Các nhà lập pháp New York đang gây xôn xao với một đề xuất mới gây tranh cãi: thuế tiền điện tử được thiết kế để giải quyết cuộc khủng hoảng opioid của tiểu bang.

Thành phố Jeju đã sử dụng AI và dữ liệu trao đổi để tìm ra gần 3.000 cư dân đã che giấu tiền điện tử và nợ thuế. Các quan chức đã tịch thu 230 triệu won (165.458 đô la) tiền điện tử và đang nhắm đến tổng số tiền thuế và tiền phạt quá hạn là 19,7 tỷ won (14,17 triệu đô la).

Cũng giống như Microsoft Excel thúc đẩy các hoạt động tài chính truyền thống, Máy ảo Ethereum (EVM) đang trở thành một phần mềm sổ cái mới mà Phố Wall phải trang bị. Chỉ bằng cách này, họ mới có thể duy trì thị phần và tránh bị gián đoạn bởi những đổi mới trong hệ sinh thái Ethereum.

Hội nghị chuyên đề rất được mong đợi của Ngân hàng Trung ương Hoa Kỳ tại Jackson Hole đang diễn ra. Powell dự kiến sẽ không công bố trước quyết định lãi suất tháng 9. Bài phát biểu của ông sẽ là một trận chiến quan trọng để ông bảo vệ sự độc lập của Fed và cân bằng các cân nhắc kinh tế và chính trị.

Từ việc phát hành đến tiếp cận nhiều thị trường cho đến mở khóa thanh khoản, kiến trúc của cổ phiếu được mã hóa đang dần định hình.

ChainLink, Báo cáo nghiên cứu Chainlink: LINK có tiềm năng tăng giá gấp 20-30 lần? Golden Finance, LINK là một trong những cơ hội đầu tư rủi ro/lợi nhuận tốt nhất vì bốn lý do:

Nhật Bản dự kiến sẽ phê duyệt đồng stablecoin đầu tiên được hỗ trợ bằng đồng yên vào mùa thu này, do công ty công nghệ tài chính JPYC dẫn đầu. Đồng tiền này sẽ được neo giá 1-1 với đồng yên và được hỗ trợ bởi tiền gửi ngân hàng và trái phiếu chính phủ.

Công ty Gemini đang gặp khó khăn về tài chính và hy vọng sẽ thay đổi số phận của mình bằng cách nộp đơn IPO sau khi trải qua khởi đầu tồi tệ về mặt tài chính trong năm 2025.