PANews

PANews, August 20 — According to Bybit market data, the three major U.S. stock indexes showed mixed performance: the Dow Jones Industrial Average rose 0.25%, the Nasdaq fell 0.07%, and the S&P 500 Index rose 0.24%. Crypto-related stocks mostly gained, with COIN (Coinbase) up 9.19% intraday and HOOD (Robinhood) up 4.51% intraday.

PANews, August 20 — According to Bybit market data, spot gold broke above the $4,500-per-ounce level and is now trading at $4,503.66, up 3.90% on the day.

Kendrick, head of digital asset research at Standard Chartered, said that if Bitcoin breaks above the $65.5k resistance level, it could bottom out and rise to $100k by year-end, advising investors to position themselves. The U.S. Treasury announced an expansion of long-term Treasury buybacks, with at least $4 billion each time, covering 10–20- and 20–30-year maturities, to be implemented from September 9 to November 4, sending long-term Treasury yields lower. Kendrick called this “Bitcoin’s favorite environment,” as government liquidity intervention benefits BTC, while its fixed supply gives it inflation-resistant properties.

According to CNBC, Vanda Research said that since April this year, retail investor behavior in U.S. stocks has reversed: direct stock purchases have declined, while put option buying has surged. In 2026, put option purchases for 12 popular stocks nearly doubled from Q1, with the ratio to net cash purchases rising from 26% to 110%. Analysts believe retail investors may be taking profits after buying the dip over the long term and shifting funds into higher-risk instruments such as speculative stocks, leveraged ETFs, and prediction markets.

PANews reported on August 20 that crypto journalist Eleanor Terrett posted on X, disclosing that the U.S. Office of the Comptroller of the Currency is expected to complete rulemaking related to the GENIUS Act in November and will make adjustments based on feedback from the crypto industry. In addition, the head of the U.S. Office of the Comptroller of the Currency said that digital asset chartering activities have increased eightfold since the Biden administration, calling the previous administration’s efforts to eliminate risk “extremely short-sighted.”

According to Marketplace, Duy said dissenting votes by Fed officials on interest-rate decisions have become more common recently amid economic pressure and an unclear path. The market is focused on the breadth of inflation concerns in the minutes due to be released and whether broad consensus has formed. Stabilization in the labor market has led some officials to advocate raising rates to curb inflation, but how many officials agree and how deep the divisions are will be key clues for judging the future direction of interest rates.

VanEck’s latest report states that Bitcoin has triggered 8 of 12 capitulation indicators, approaching but not yet reaching the historical bear-market bottom, reflecting conditions such as drawdowns during extreme selling, miner profitability, and holder losses. Over the past three months, all 12 indicators have entered the trigger range at some point. Bear markets take an average of approximately 11–12.7 months from peak to trough; Bitcoin is now in the 10th month since its October 2025 peak, with a potential window for a temporary phase emerging in September–November. The indicators are more suitable for long-term investors assessing the cycle’s position, while their signal for short-term bottom-fishing is weak, and the market may fluctuate over the coming months.

PANews August 20 news: The U.S. Commodity Futures Trading Commission (CFTC) announced plans to solicit public comment on the listing of computing power derivatives contracts.

Amid intensifying AI competition, OpenAI said it will temporarily slow the pace of model expansion and invest more resources in strengthening safety measures. Testing found abnormal system behavior, further raising concerns about model safety, cyberattack risks, and control over autonomous capabilities, as it seeks to narrow the gap with Anthropic.

A Pew Research Center survey shows that young American workers under 30 are increasingly concerned about AI, with concern surpassing excitement for the first time. Nearly 75% believe AI will reduce job opportunities, up from 61% two years ago. Although they are highly skilled AI users, AI also threatens the entry-level positions through which they enter the labor market, causing attitudes to shift from optimism to skepticism.

Coinbase has integrated perpetual futures trading into Base App via Hyperliquid, offering up to 50x leverage, though it is unavailable in certain jurisdictions, including the US, UK, and Canada. Base App users can trade more than 290 perpetual markets covering BTC, ETH, related stocks, commodities, and other assets. Trading is completed on-chain without leaving the wallet. Coinbase said perpetual futures account for approximately 75% of crypto trading volume and are among the most frequently requested features by highly active users.

PANews reported on August 20, citing CCTV News, that U.S. President Trump said regarding Iran that negotiations might take place at some point. On the 18th, Trump said on social media that there would be no talks or dialogue with Iran either now or in the future. Previously, Trump had repeatedly insisted that the United States was negotiating with Iran, but Iranian officials denied this multiple times.

Ethereum ecosystem contributor Nethermind has exited LayerZero’s DVN business and migrated its cross-chain infrastructure to the Chainlink network, becoming a Chainlink node operator and strategic technology provider while offering developers tools, infrastructure, and integration support. The move comes after a LayerZero security incident, with multiple industry players already shifting to Chainlink; Nethermind has not explicitly stated that the move is directly related to the incident or disclosed specific issues with LayerZero.

The U.S. Treasury expanded long-term Treasury buybacks starting September 9, raising the per-operation cap from $2 billion to $4 billion and boosting liquidity expectations, pushing Bitcoin up to approximately $69,749 after the U.S. stock market opened, a 6% daily gain; the 30-year Treasury yield quickly fell to 5.19%. However, stablecoin supply has declined by approximately $14 billion since May, while the stablecoin supply ratio rose to 11.69, indicating tight liquidity, and further gains will still require more capital inflows.

PANews, August 19 — Semiconductor giant Marvell agreed to grant Google the right to purchase nearly 59 million shares of the company at $206.58 per share, for a total value of up to approximately $12.2 billion. Except for approximately 1.4 million shares in the first year, the remaining options will vest in batches each time Google purchases $500 million worth of designated custom Marvell chips, which will be used to support Google TPU.

Strive CEO Matt Cole said the U.S. Dollar Index may enter a more pronounced downward cycle, with the next 5–7 years potentially becoming one of the most favorable macro environments in Bitcoin’s history. If DXY continues to weaken, it could fall to around 70 within 3–7 years, near its 2008 low, further benefiting Bitcoin.

PANews, August 19 — OKX market data shows that BTC has just broken above $68,000, currently trading at $68,046.10 per coin, up 4.91% on the day.

PANews, August 19 — OKX market data shows that BTC has just broken above $69,000, currently trading at $69,029.30 per coin, up 6.43% on the day.

The CFTC’s Innovation Advisory Committee (IAC) will hold its inaugural meeting on August 20, Eastern Time, in three parts: first, moving crypto regulation from uncertainty to clarity by addressing federal/state jurisdiction and enforcement overlap; second, the application of AI in trading, compliance, surveillance, risk management, and Agentic Finance; and third, federal/state jurisdiction, enforcement, customer protection, and long-term regulatory frameworks for prediction markets and event contracts. Selig, Lukken, and Passalacqua will deliver remarks.

PANews August 19 news, OKX market data shows that BTC just broke above $66,000, currently priced at $66,002.30 per coin, up 1.76% on the day.