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Huang Renxun posted on the X platform stating that Gavin is very accurate. AI is driving the return of manufacturing to the United States, promoting re-industrialization after decades of offshore outsourcing. AI is creating demand, driving market forces rather than subsidizing investments in aging grids and sustainable energy.AI is creating jobs in construction and manufacturing in energy plants, chip manufacturing plants, and data centers. AI is giving rise to new companies and new industries; in just the past six months, AI startups have received $400 billion in investments. Builders must collaborate with communities to develop local projects, earn trust, and create local benefits. The United States has the opportunity to create lasting benefits for communities nationwide and help lead the next industrial revolution.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "US Open ATP: Thiago Agustin Tirante vs Adrian Mannarino," the sub-market "US Open ATP: Thiago Agustin Tirante vs Adrian Mannarino" saw the winning probability of the option "Thiago Agustin Tirante" experience a drastic fluctuation, plummeting from 85.5% an hour ago to the current 11.5% (a fluctuation of 74%). Please note the impact of related breaking news.

Cryptoquant founder and CEO Ki Young Ju stated that the peak of the current Bitcoin bull market cycle may be driven by institutional funds and ETF demand outside the United States. He pointed out that deeper stablecoin liquidity and tokenized asset infrastructure will expand global market participation. Using South Korea as an example, Ki Young Ju mentioned that the country currently does not have a spot Bitcoin ETF, retail investors cannot purchase overseas-listed spot Bitcoin ETFs, and most companies are unable to open trading accounts to buy BTC. South Korea has phased in corporate participation, with the Financial Services Commission (FSC) roadmap covering about 3,500 listed companies and qualified professional investors, but financial institutions and other companies are still excluded.Strategy's Bitcoin bank evaluated 25 major institutions covering trading, custody, digital asset products, financing, and corporate participation, with an overall adoption rate of 32%. RWA.xyz data shows that the global tokenized asset distributed asset value is $38.63 billion, an increase of 2.65% compared to 30 days ago. The Bank for International Settlements (BIS) stated that stablecoins have the potential to enable faster, programmable payments, but current designs may pose risks to financial integrity, liquidity, and currency. Ki Young Ju pointed out that the cumulative net inflow before the launch of the U.S. spot Bitcoin ETF was about $57 billion over two years, and the next phase will be global institutionalization, with more institutions adopting BTC as a strategic asset, and countries lacking ETFs will also improve related investment channels.

Crypto KOL Him, in response to the community's question about whether an airdrop plan will be launched this week, stated that the airdrop will be conducted manually and in phases, targeting loyal users and contributors, similar to the Black Bull / Ansem style. He also mentioned that in the later stages of the airdrop, almost the entire token supply he holds will be distributed.According to GMGN market data, the market capitalization of the Robinhood chain meme coin COPPERINU has surpassed 18 million USD, currently reported at 18.1 million USD.It is understood that COPPERINU was deployed by the Pons Vault developers, who sent 40% of the tokens to crypto KOL Him's wallet. Him stated that he accepted the token because it was deployed by the Pons Vault developers and intends to incorporate mechanisms such as staking, claiming, and burning around the token, while using the obtained tokens for community airdrops.

Arthur Hayes stated that investors should be prepared to buy Bitcoin and expect it to perform well in the coming years. He believes that if the U.S. continues to expand its money supply, the price of Bitcoin could eventually rise to $250,000. Bitcoin has risen about 20% since mid-August, increasing its total market capitalization by $300 billion in just a few hours.Scott Bessent had previously committed to supporting the bond market, and this week the Treasury is reported to potentially tap nearly $1 trillion from the Treasury General Account to fund bond purchases. Xapo Bank investment manager Gadi Chait noted that Bitcoin rose about 23% last week, marking the largest weekly gain since March 2023; during the same period, net inflows into U.S. spot Bitcoin ETFs were approximately $1.9 billion, with record short liquidations further driving the upward trend.

Bitcoin fell back on Friday afternoon, ending a strong rally driven by ETF inflows. As of Friday afternoon New York time, Bitcoin was at $77,379, down more than 3% in 24 hours, having reached a high of $81,281 earlier this week. Federal Reserve Chairman Kevin Warsh stated in his first major speech since taking office that there is "more work to be done" in combating inflation, which cooled market sentiment.The previous rally was mainly driven by liquidity. The U.S. spot Bitcoin ETF saw a net inflow of $1.14 billion this week, with over $3 billion accumulated in the past 9 days, of which BlackRock's iShares Bitcoin Trust received the largest share. Last week, the U.S. Treasury announced it would double the size of its liquidity support repurchase operations, further boosting Bitcoin's rally.Analysts believe this round of market activity is closely related to "currency devaluation trades"—investors view Bitcoin as a hedge against currency devaluation and excessive government spending. The total amount of U.S. Treasury debt surpassed $40 trillion for the first time this month, further reinforcing market concerns about the dilution of fiat currency purchasing power.

Analysis of the AI semiconductor and infrastructure cycle indicates that the demand for AI infrastructure will continue to exceed that of the internet era, as user penetration and per capita token are multiplied and converted into tokens, significantly raising the ceiling. User penetration has surpassed 50%, with growth primarily coming from the still-early per capita token; the median monthly AI spending per employee in U.S. companies is about $12, which could long-term approach around 10% of white-collar salaries, approximately $1,000 per month, leaving nearly two orders of magnitude of space in between. Unlike the flat subscriptions and extremely low marginal hardware consumption of the internet, the high costs of inference make the marginal cost of a single access higher, requiring greater infrastructure intensity.After developers program, the next ARR growth will still mainly come from broad programming: non-programmers use programming infrastructure to complete non-programming tasks across industries, with programming becoming the default execution kernel for agents. Tasks related to broad programming account for about 60% to 70% of ARR. As of June 2026, Codex accounted for 64% of the total output tokens from Codex and ChatGPT among OpenAI's enterprise clients; since February, Codex has seen a much higher weekly growth in verticals such as law, sales recruitment, and marketing compared to engineering. In Anthropic's revenue, narrow development/software accounts for about 40%, while finance and insurance exceed 20%, with law, life sciences, retail, and others also having considerable shares.The demand-side token growth logic remains, with a high overlap between funders and beneficiaries.

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.

CryptoQuant founder Ki Young Ju stated that the peak of this bull market cycle is likely to be driven by institutional funds and ETFs outside of the United States. Currently, South Korea has not yet launched a spot Bitcoin ETF, retail investors cannot purchase overseas related ETFs, and companies are even unable to open trading platform accounts to buy BTC.Ki Young Ju believes that the market was primarily driven by the adoption of Bitcoin in the United States, but the next phase will shift towards global institutionalization, accompanied by deeper stablecoin liquidity and RWA infrastructure. More institutions will hold BTC as a strategic asset, and several countries that have not yet launched ETFs will gradually improve related investment channels. The peak of this cycle may occur when a banker from a local bank in South Korea recommends a spot Bitcoin ETF to an elderly woman, suggesting it for savings.

Apple's first 2-nanometer M6 chip officially debuts, equipped with a 12-core CPU, 12-core GPU, and dual 16-core neural network engines, with unified memory bandwidth reaching up to 170GB per second, initially featured in the new Mac mini. This chip is manufactured by TSMC using a 2-nanometer process and is the first to adopt gate-all-around (GAA) nanosheet transistors, making it the world's first consumer-grade 2-nanometer chip.The supply chain is focused on the subsequent high-end M series packaging architecture. Based on the Fusion Architecture of the previous generation M5 Pro, M5 Max, and the four-die design of M5 Ultra, Apple chips have transitioned from a single large die to a modular design. Future M6 Pro, Max, or Ultra are expected to enhance advanced packaging requirements such as SoIC-MH and WMCM, increasing interconnect density with SoIC-MH and integrating logic, LPDDR memory, and high-speed I/O with WMCM.TSMC is actively preparing for expansion, with Zhunan AP6 as the main mass production base for SoIC, Longtan AP3 upgrading to WMCM, and Chiayi AP7 taking on related capacity. Analysts estimate that WMCM's monthly production capacity will reach about 60,000 units by the end of 2026 and over 120,000 units in 2027. Equipment manufacturers such as Hongshuo, Junhua, Yinneng, and material manufacturers Changxing, Xinying Materials, and Yongguang are expected to benefit.

According to Gate market data, after-hours trading on Wednesday for U.S. stocks saw Nvidia's new quarterly results continue to exceed market expectations, with a forecast of approximately 70% sales growth for the next fiscal year, driving AI concept stocks higher in after-hours trading.The storage sector collectively strengthened, with SK Hynix rising 4.48%, SanDisk up 3.71%, Micron Technology up 3.67%, Seagate Technology up 3.15%, and Western Digital up 3.11%. The Neocloud sector saw widespread gains, with Nebius up 6.27%, CoreWeave up 4.76%, Applied Digital up 3.26%, and both IREN and Core Scientific up 3.16%.Optical communication stocks rose across the board, with Applied Optoelectronics up 4.25%, Marvell Technology up 4.08%, Credo up 3.78%, Coherent up 3.35%, and Astera Labs up 3.34%. Semiconductor stocks also strengthened, with Arm up 4.18%, Marvell Technology and Nvidia both up 4.08%, Lam Research up 2.65%, and KLA up 2.42%.

Salesforce's stock price rose 12% in after-hours trading on the U.S. stock market, as its reported performance and guidance exceeded Wall Street expectations. The company's second-quarter revenue was $11.35 billion, with a net profit of $3.53 billion, an 87% year-over-year increase. It gained $2.6 billion from its investment in Anthropic.For the third fiscal quarter, adjusted earnings per share are expected to be between $3.42 and $3.44, with revenue between $11.42 billion and $11.5 billion. The full-year earnings per share are expected to be between $16.67 and $16.71, with revenue between $46.1 billion and $46.4 billion.

According to Glassnode analysis, Bitcoin has rebounded about 26% since the mid-August low, with a net inflow of $2.23 billion into U.S. spot Bitcoin ETFs during the same period, marking the strongest seven-day inflow of the year, with no single day of outflows. The amount of Bitcoin on exchanges has decreased, while various wallet sizes have simultaneously accumulated. The upcoming supply is concentrated in the $81,000 to $86,000 range, which overlaps with hotspot costs, re-listed sell orders, market maker gamma flips, and short liquidations.Glassnode states that this round of increases was ignited by the record short squeeze on August 19, with 85% of liquidations within the squeeze window being shorts, representing the largest single-day short liquidation since 2019 according to their statistical criteria. The open interest in futures has decreased by 11% in terms of coins, and the funding rate is close to neutral, indicating that the market is mainly driven by short stop-losses rather than new long leverage chasing the price up. Options pricing suggests that the market may maintain until late September, with attention on approximately $83,300 above and the $70,000 cost area and $62,000 to $65,000 support below.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the Polymarket. A large whale invested $65,957.93 in the "Real Madrid vs. Real Sociedad" event, specifically targeting "Real Sociedad." Based on the current transaction price, the latest corresponding winning probability for this bet is 93%.

CoinDesk cites data from Glassnode indicating that Bitcoin recently surged to $80,000, primarily driven by short sellers being forced to cover their positions, rather than a large influx of new buyers. This characteristic has historically made the market more sustainable.Data shows that as short positions were liquidated, Bitcoin futures open interest has dropped to 587,584 BTC, marking a nearly 5-month low. The market leverage level has decreased, providing a relatively more solid foundation for price trends.

Binance and Coinbase are currently leading the recent market rebound. Data shows that as of August 21, on the largest single day of stablecoin inflows recently, Binance had a net inflow of approximately $2.026 billion, while Coinbase had a net inflow of approximately $1.447 billion. The combined stablecoin inflows from the two trading platforms accounted for more than half of the total market inflows.A large inflow of stablecoins into trading platforms indicates an increase in potential buying pressure, and Binance and Coinbase may be becoming the main forces driving the recent rise in the cryptocurrency market.

According to Gate Europe CEO Dr. Giovanni Cunti's latest LinkedIn post, the next phase of digital asset adoption may no longer focus on guiding users to crypto platforms, but rather on integrating digital asset capabilities into the financial services that users are already using. Through embedded finance, scenarios such as payments, commerce, and fund transfers can directly connect to digital asset infrastructure, allowing users to access digital asset-related services without changing their existing financial service usage.Dr. Giovanni Cunti also pointed out that this trend is reshaping the competitive logic of the digital asset industry. Liquidity and product capabilities will still be important foundations, but whether payment channels, asset custody, risk management, and compliance systems can achieve synergy in different markets and regulatory environments will become increasingly critical. Europe has significant advantages in this development process, as MiCA is gradually establishing a more unified regulatory framework for digital assets, and the continuous evolution of payment infrastructure is creating new opportunities for compliant digital asset companies to collaborate deeply with the traditional financial system.For Gate Europe, the integration of digital assets and payment systems is becoming an important direction for business development. Relying on the compliance foundation established by the dual licensing system of MiCA and payment institutions (PI), Gate Europe will further promote the connection between digital assets and payment services, as well as a broader financial ecosystem. As digital assets gradually integrate into daily financial activities, they are expected to evolve from independent financial products into a core component of a new generation of financial infrastructure that is more open, interconnected, and programmable.

Venture capitalist Tomasz Tunguz pointed out that the narrative of AI infrastructure resembles a slow relay race, with bottlenecks sequentially transmitting from GPUs to memory, CPUs, and storage, each link freezing the supply chain of the next for years and locking in higher baseline costs. At the beginning of 2023, the GPU shock caused H100 rental prices to exceed $9 per hour, and server shipments fell by 22%; subsequently, manufacturers shifted capacity to HBM, leading to an 80% quarterly increase in enterprise SSD prices and over a 60% rise in DRAM.By the end of 2025, the workload of intelligent agents will push the CPU to GPU ratio to about 1:1, with the average price of server CPUs rising by 27% year-on-year; in 2026, nearline HDD annual capacity will be sold out. The construction cost of data centers has risen to about $20 billion per gigawatt, with orders for long-cycle equipment such as transformers and turbines scheduled as far out as 2029 to 2031.Tunguz referred to this as the long whip effect in the hardware sector: years of manufacturing delays amplify downstream demand shocks upstream, and when pressure is relieved at a certain bottleneck, it will be delayed in transmitting to the next link, with transformers scheduled for delivery in 2027 to 2028, NAND wafer fabs, and turbine production lines potentially facing the risk of overcapacity.