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BTC breaks above $78,000, up 1.09% today
PANews, August 24 — OKX market data shows that BTC has just broken above $78,000, currently trading at $78,001.30 per coin, up 1.09% today.
BTC0.96%
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Fed's Kashkari: The US Treasury market is still functioning normally
Fed’s Kashkari downplayed the impact of rising Treasury yields on monetary policy, saying market operations are normal and liquidity is ample, while the federal funds rate remains the primary tool for curbing inflation. Despite yields rising last week, with the 10-year at around 4.73% and the 30-year near its highs, he stressed that more data is needed, would not prejudge the outcome of the next meeting, and does not expect inflation to return to target in the near term.
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Over the past 24 hours, $405 million in crypto futures positions were liquidated across the market, primarily long positions.
PANews, August 23 — Coinglass data shows that $405 million worth of cryptocurrency contracts across the market were liquidated over the past 24 hours, including $246 million in long liquidations and $159 million in short liquidations. BTC liquidations totaled approximately 94.67M, while ETH liquidations totaled approximately $132 million. Over the past 24 hours, a total of 86,989 people were liquidated worldwide, with the largest single liquidation occurring on Binance - ETHUSDT, valued at $11.7289 million.
BTC0.99%
ETH2.29%
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Crypto card spending surpasses $1 billion, with USDC/USDT accounting for 70% and becoming the mainstay of daily payments
Reportedly, Paymentscan data shows that crypto card spending reached $1.04 billion in July 2026, tripling year-on-year, with an average transaction size of $86; approximately 70% of transactions used stablecoins, with USDC accounting for 50.8% and USDT for 20.3%. RedotPay, EtherFi, and KAST together contributed approximately 77% of transaction volume. More than 160 stablecoin-linked card projects now exist globally, while emerging markets such as Latin America are using products from Oobit, Binance, and others, with stablecoin spending mainly concentrated in everyday scenarios such as fresh groceries, dining, transportation, and subscriptions.
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USDC0.00%
V1.36%
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Apple's first foldable iPhone may debut around September 9, priced above $2,000
Apple’s first foldable iPhone will be released around September 9, with a price exceeding $2,000. Those who have tried it said the device is portable, with an excellent hinge feel and durability; its large inner display uses an iPad-like app layout and can serve as a camera viewfinder. The device uses Touch ID, lacks a telephoto camera, and has no Face ID. It may become a high-end product, attracting users to stores and increasing global attention to foldable smartphones.
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AAPL-0.60%
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CZ responds to the “memestock model”: Fresh and interesting, but it must be ensured that the relevant issuers are capable of fulfilling their obligations.
PANews, August 23 — In response to community user @MoEthWhale’s question about the “memestock model” (i.e., linking memecoins with tokenized stocks so that simply holding the tokens allows users to receive returns from the tokenized stocks), CZ said that this model is “indeed a completely new and interesting exploration,” but emphasized that it must be ensured that the relevant issuers genuinely have the ability to fulfill their promises and obligations, highlighting his concerns about issuers’ creditworthiness and compliance risks.
MEME5.46%
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ACE Robotics Chairman Wang Xiaogang: Embodied intelligence may reach its “ChatGPT moment” by the end of 2027
ACE Robotics Chairman Wang Xiaogang said that, powered by world models and environmental data collection, embodied intelligence is expected to achieve a ChatGPT-like breakthrough by the end of 2027, but full-scale implementation will require 4 to 5 years. Founded in July 2025, the company is backed by Ant Group and SenseTime and raised over $100 million in the first half of 2026. Over the next year, it will be deployed in at least 1,000 stores, expand to 10k stores within two years, and collect tens of millions of hours of real-world training data over the same period.
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TRUMP rose approximately 20% intraday, up approximately 104% over the past week
PANews, August 23: Bybit market data shows that the Trump-themed meme coin TRUMP has risen 19.54% today, currently trading at $2.83. It has gained approximately 104% over the past week, reaching a new high since April this year.
TRUMP19.05%
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PUMP has risen approximately 100% over the past week, up nearly 8% on the day.
PANews, August 23 — Bybit data shows that Pump.fun (PUMP) rose 99.78% over the past week. PUMP is up 7.45% today, currently trading at $0.005334.
PUMP7.73%
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Approximately 1,000 WBTC were transferred from an unknown wallet to F2Pool, worth about $77.4 million.
PANews reported on August 23 that, according to Whale Alert, approximately 1,000 WBTC (worth about $77.41M) was transferred from an unknown wallet to the mining pool platform F2Pool.
WBTC1.36%
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Anthropic plans to raise over $20k through an IPO, with its valuation potentially reaching $2 trillion.
According to The New York Times, Anthropic is conducting a roadshow with investment banks and plans to raise over $100 billion in its upcoming IPO, targeting a valuation of approximately $2 trillion. It could set a new record for the largest IPO in history, surpassing SpaceX’s $85.7 billion fundraising and $1.77 trillion valuation. Its latest private-market valuation was approximately $900 billion, and it filed its listing application in June. The roadshow focuses on the health of its business and growth prospects while gauging market demand for AI stocks.
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SPCX2.22%
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SafePal updates on the response to the order information security incident: It is currently selecting anti-phishing and independent audit firms.
SafePal stated on X that it is working with four anti-phishing organizations to take down phishing websites and impersonator accounts as soon as possible, while monitoring the flow of data on the dark web and notifying affected customers if any anomalies are detected. It is also selecting an auditing firm from three independent security companies to conduct a comprehensive review of its order system and assess reducing data retention. It was previously disclosed that the order-tracking plugin had an authorization flaw, resulting in some information being accessed without authorization; hardware wallets, private keys, seed phrases, and crypto assets were not affected.
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Analyst: Bessent needs to “do more” to convince markets that the U.S. government is serious about fiscal issues
The bond market is signaling to Treasury Secretary Bessent: expand buybacks of long-term Treasuries, use the Treasury’s toolkit to stabilize the market, and introduce new measures to curb debt. Arnold warned that the fiscal crisis may only be temporarily alleviated, and that risks will persist without an improvement in fiscal conditions. Investors still do not trust Bessent, and more action is needed to prove the government takes fiscal matters seriously; tax hikes or austerity measures ahead of the election would be unpopular.
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Analysis: Brave browser monthly active users reach 122.6 million, while the BAT ecosystem still faces a disconnect between user growth and token demand.
As of July 31, Brave had 122.6 million monthly active users and 51.7 million daily active users. It launched a native multichain wallet supporting dApp signing on EVM, Solana, and Cardano; on Bitcoin, it currently supports only account transfers, with dApp signing not enabled. User growth has not yet translated into demand for BAT. BAT Roadmap 4.0 will introduce x402 agent payments, the BravePay stablecoin, Brave Rewards Card, and a creator contribution protocol to expand BAT use cases.
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BAT2.39%
SOL2.41%
ADA1.14%
BTC0.96%
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TRUMP rose over 10% intraday, reaching a new high since April this year.
PANews, August 23 — Bybit data shows that the Trump-themed Meme coin TRUMP has risen 10.17% today, currently priced at $2.62. It has gained approximately 86% over the past week, reaching its highest level since April this year.
TRUMP19.05%
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China Securities: 10-year U.S. Treasury yields fluctuate at the elevated level of 4.7%, while the pressure from interest rates on equities remains relatively manageable
China Securities said the dislocation between A-share margin financing and securities lending and ETF flows has not yet fully cleared, while selling pressure from dip buyers seeking to break even is limiting the rebound. The 10Y U.S. Treasury yield is fluctuating at the elevated level of 4.7%, as implied inflation and AI debt financing push up long-end yields. Increased U.S. Treasury buybacks indicate reluctance to tighten financial conditions aggressively, keeping pressure on equities relatively manageable. Strategically, the market is in a repair phase and needs stronger catalysts; incremental funds have yet to act in concert, and competition among existing capital is evident. Key sectors include AI, innovative drugs, nonferrous metals, machinery, new energy, and dividend plays.
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ENA rises over 10% again, up more than 110% over the past week
PANews August 23 news, Bybit market data shows that Ethena (ENA) rose another 11.31% over the past 24 hours, currently at $0.176, reaching a new high since January this year. It has risen over 112% cumulatively over the past week.
ENA6.67%
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AAVE price breaks above $130, reaching a new high since February this year
PANews, August 23: Bybit market data shows that AAVE's price broke above $130, reaching a new high since February this year. It is currently trading at $130.76, up 3.65% over the past 24 hours.
AAVE13.25%
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Michael Saylor: Bitcoin can convert economic energy into digital form and securely establish ownership
PANews, August 23 — Strategy Executive Chairman Michael Saylor stated on X that Bitcoin’s most profound breakthrough lies in its ability to transform economic energy into digital form and securely assign it to individuals, families, companies, machines, or nations.
BTC0.96%
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Gigglee’s second-largest “anonymous” donation address is a “CZ public” address.
PANews reported on August 23 that Binance founder CZ posted that the second-largest “anonymous” donation on the Gigglee donation leaderboard came from an address publicly labeled “CZ public,” and thanked all participating donors.
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