rebound

According to GMGN market data, the market capitalization of the Meme coin MEME on the Robinhood Chain has rebounded to over 120 million USD, currently reported at 123 million USD, with a 24H increase of over 32%.It is reported that MEME is paired with tokenized US stock AMC Entertainment. Users are reminded that the price of the Meme coin is highly volatile, please pay attention to trading risks.

According to GMGN market data, the market capitalization of the BSC ecosystem token BREW has now rebounded to 12.5 million USD. This morning, the market capitalization of BREW briefly rose to about 28 million USD, and then quickly fell by about 80%, reaching a low of 2.2 million USD.On the news front, Flap is testing a new token pairing mechanism and has launched a new liquidity pool with BEN as the test token, which has attracted market attention to the narrative and capital flow related to BREW, possibly one of the reasons for its previous significant volatility. Please be aware of trading risks, as the prices of related tokens are highly volatile.

According to Gate market information, the cryptocurrency market rebounded slightly on Sunday, with the total market capitalization rising to $2.781 trillion. Bitcoin broke through $80,000, and Ethereum surpassed $2,500.Driven by the hot trading in the BNB Chain ecosystem, BNB surged past $780, currently reported at $764. SOL is currently reported at $104, and HYPE is currently reported at $85.8. ZEC showed strong performance, rising over 5%, currently reported at $1,070.ARB leads the gainers list, soaring 48.8% in a single day, currently reported at $0.197. SUSHI rose over 40% in 24 hours, breaking through $0.267. Some tokens in the BNB Chain ecosystem saw significant gains, including MARSCOIN, 1000CAT, TUT, CAKE, all ranking high on the gainers list.

According to GMGN market data, the BNB Chain ecosystem meme coin "Niu Lai" once rebounded to a market capitalization of around 100 million USD, currently reported at approximately 97.1 million USD, with a 24H increase of over 14%.

According to GMGN data, the market capitalization of PONS has rebounded to over 500 million dollars, currently reported at 523 million dollars, with a 24H increase of over 12%. In addition, Pons also stated that as of now, 29.34% of the total supply of PONS tokens has been burned, and 80% of the fees generated by the protocol will continue to be used for repurchasing PONS.According to market news, the price of Meme coins is highly volatile, and investors are advised to participate with caution.

The latest report from the market intelligence platform Tracxn shows that since 2026, the Southeast Asian blockchain industry has accumulated $680 million in equity financing, more than double the $319 million for the entire year of 2025. However, this round of recovery is mainly driven by a few mature companies: only 25 rounds of financing were completed this year, compared to 46 rounds in 2025 and a peak of 206 rounds in 2022; the $400 million Series D financing of the cryptocurrency exchange Crypto.com accounted for nearly 60% of the total.From a segmented perspective, crypto financial services are the biggest beneficiaries, receiving a total of $498 million in financing this year (19 rounds), a year-on-year increase of 48.4%; tokenization platforms received $114 million, and decentralized application development platforms received $77 million. Among the 3,957 blockchain companies tracked by Tracxn, 1,323 have received equity financing, but only 167 have entered Series A and beyond, 50 have entered Series B, 14 have entered Series C, and only 4 have entered Series D and beyond.In terms of geography, Singapore dominates the Southeast Asian crypto investment market, accounting for 82.5% of the region's cumulative blockchain financing amount of $6.2 billion, and has 2,285 tracked companies, while Jakarta, ranked second, accounts for only 3%. In terms of exits, there have been 43 acquisitions and 4 IPOs in the region, including SBI Group's acquisition of the Singapore exchange CoinHako and Bybit's acquisition of NOBI. Southeast Asia has produced 6 blockchain unicorns to date, including Sygnum, Bitkub, Sky Mavis, and Amber Group.

"1011 Insider Whale" agent Garrett Jin posted on the X platform, stating that most "traders" missed this round of Bitcoin rebound. When BTC dropped to $76,000, they suggested waiting for $75,000. In reality, Bitcoin successfully held at $76,600 and broke through $79,000, while also exploring higher highs. However, it is currently facing resistance near the $82,500 resistance level.Garrett Jin also pointed out that these traders are now suggesting taking profits at $85,000, jokingly stating, "I wonder if they are really trading."

According to on-chain analyst Ai Yi's monitoring, UNI has rebounded 98% from the bottom this month. The new address 0xc86...F4972 withdrew 676,874 UNI from Binance 2 hours ago, worth 4.277 million dollars, at an average price of 6.32 dollars.

According to Cointelegraph, BitMEX founder Arthur Hayes (@CryptoHayes) recently expressed a bullish view on Ethereum, pointing out that ETH had previously been heavily sold off by the market and was almost "forgotten," but its ratio against Bitcoin has recently shown a significant rebound, which he believes is a signal of the market's reawakening.

According to CoinDesk, as Bitcoin surged from about $62,000 to over $77,000 last week, liquidating approximately $3 billion in leveraged short positions, major crypto market makers such as Abraxas Capital, Fasanara Capital, and Wintermute quietly established short positions in perpetual contracts worth hundreds of millions of dollars on Hyperliquid.Lookonchain data shows that the three institutions collectively hold short positions of 138,569 ETH (approximately $338 million) and 3,425 BTC (approximately $265 million); meanwhile, Abraxas Capital withdrew 73,872 ETH (approximately $173 million) from Binance in the past four days.This strategy is known as cash arbitrage or basis trading: traders hold spot positions while shorting an equivalent amount of assets through perpetual contracts to hedge against price volatility risks, primarily earning the funding rates paid by longs to shorts. In previous months, funding rates were long suppressed or even turned negative, but this month's rebound has quickly turned funding rates positive, reopening the arbitrage window. Aegis data shows that the 30-day average funding rate for Bitcoin perpetual contracts on August 24 reached an annualized 6.7%, with a 7-day average of 8.7%; 21shares capital markets noted that basis trading for mainstream assets like Solana is also becoming lucrative.This trading has extended to regulated markets: Glassnode data shows that CME Bitcoin futures open interest has risen from about 87,000 BTC to 122,000 BTC.

Famous gold bull and Bitcoin bear Peter Schiff posted that he is skeptical about today's sharp rise in MSTR, which he believes is primarily driven by short covering, and reiterated his "death spiral" argument.Even though Bitcoin's temporary rebound has slightly extended the survival period of Strategy, his long-term bearish stance remains unchanged.

According to Cointelegraph, Bitcoin's rebound in August has driven a surge in the stock prices of some previously underperforming mining companies, reversing the market preference that had shifted towards artificial intelligence and high-performance computing (HPC) mining firms. The latest report from BlocksBridge Consulting shows that Bitcoin's approximately 23% increase over the past week has outperformed most AI-related infrastructure stocks.The stock prices of three mining companies, Canaan, American Bitcoin, and Cango, rose between 41% and 67%, while CoreWeave increased by about 21%, Nebius by 17%, and IREN by 15%. Some mining companies with higher exposure to AI and HPC remained flat or declined. BlocksBridge pointed out that the three main catalysts for Bitcoin's rise include: the U.S. Treasury's announcement on August 19 to at least double the liquidity support for long-term Treasury repurchase agreements; a rise in regulatory optimism following a meeting between the White House and crypto executives, with Trump urging Congress to pass the CLARITY Act; and a short squeeze triggered after Bitcoin's breakout, leading to over $1.6 billion in crypto positions being liquidated within 24 hours.Additionally, BlocksBridge's previous analysis found that publicly listed Bitcoin mining companies' investments in AI data centers are about 15 times their AI-related revenue. From 2026 to date, the AI and HPC revenue of nine listed mining companies has reached $341.2 million, while related capital expenditures have amounted to $5.11 billion.

According to The Block, Glassnode stated that $81,000 to $86,000 is the resistance wall between Bitcoin's current rebound and the January peak. Bitcoin has rebounded 26% since the August low.Glassnode pointed out that this round of Bitcoin's movement is supported by $2.23 billion in ETF inflows, continuous outflows from exchanges, and widespread accumulation among various wallet groups.

According to Gate market data, the main Hong Kong stock indices fluctuated in the morning session. As of the midday close, the Hang Seng Index rose by 0.68%, and the Hang Seng Tech Index rose by 1.58%. Tech stocks rebounded in the morning, with Xiaomi Group rising over 4%, Meituan and Kuaishou rising over 2%, and Baidu, Alibaba, and Tencent Holdings rising over 1%. The financial sector was also active, with CICC and Shenwan Hongyuan Hong Kong rising over 8%, and Nanhua Futures and China Merchants Securities rising over 5%.

According to Gate market data, U.S. stocks opened higher, with the three major indices rising: the Dow Jones up 0.36%, the S&P 500 up 0.35%, and the Nasdaq up 0.65%.The storage concept rebounded, with SanDisk (SNDK.O) rising about 3% and SK Hynix (SKHY.O) also rising about 3%. Alibaba (BABA.N) fell 0.6%, while Jack Ma and Joe Tsai continuously increased their holdings.

According to Gate market data, the Nasdaq 100 index futures continue to rise, currently up about 1%, while the S&P 500 index futures and Dow futures are up about 0.5%. The storage concept rebounded before the market, with SK Hynix, Western Digital, and Micron Technology all rising over 3%, and SanDisk rising over 4%.

Yili Hua posted on platform X, stating that the market's rapid rebound is in line with expectations, and the bears are resisting over the weekend; shorting should not be done in a bull market trend.Yili Hua believes that the core opportunities in this round of the bull market include BTC and ETH returns exceeding 3 times, ETH rebounding more than BTC, on-chain finance being continuously driven by demand, and the development of the AICrypto field, where AI products provide demand and revenue, and Crypto serves as a market incentive.

Arthur Hayes recently accepted a video interview on the Altcoin Daily podcast. In the interview, Arthur once again expressed his aggressive optimism for ETH: "In this round of liquidity rebound in the crypto market, it will outperform all other large-cap crypto assets."When the host asked, "Assuming BTC rises to $200,000 in the next 5 years, where will ETH be?" Arthur replied: "I don't know what the exchange rate will be, maybe around $20,000, $25,000, or even $30,000... Currently, BTC's market share is about 60%, and during the DeFi summer from 2020 to 2021, it dropped to around 25%-26%. I don't think it will drop that low again, but a drop to 40% is possible, and this process will be largely driven by ETH. Because it is the largest asset, no other asset can rise as much and as quickly, thereby significantly lowering BTC's dominance."

Grayscale stated in a post on platform X that the rise of Bitcoin this week may signal a market turning point.It pointed out that historically, Bitcoin prices typically bottom out after a retracement of about 80% from the peak of the cycle; however, in this bear market, BTC has only retraced about 50% from its peak, which is a smaller decline than in previous cycles. The market had previously been discussing whether BTC would further decline in the fourth quarter of 2026, but Grayscale believes that although the downside risks have not been completely eliminated, this week's rebound may indicate that the market has formed a more sustainable bottom.