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Analyst Rekt Fencer released a chart showing the BTC to Nasdaq 3-day line ratio, marking three significant pullbacks: approximately -84.9% in 2018, approximately -80.7% in 2022, and currently about -54.3% in 2026.Rekt Fencer stated that after the first two times Bitcoin lagged so significantly relative to the Nasdaq, there were very strong independent upward trends, with prices subsequently surging. The current ratio has again dropped significantly, and history may repeat for the third time; the bottom is nearing, and BTC will strengthen again.

Rekt Capital posted on platform X that the stage lows of Bitcoin in February and June 2026 are in roughly the same price range, and the RSI is also at nearly the same oversold level. After both bottoms, Bitcoin rebounded to around $80,000.Compared to the peak in May 2026, when Bitcoin rises again to around $80,000, the overbought level of the RSI is significantly higher, but the price has formed lower highs. The RSI forming higher highs while the price forms lower highs indicates a hidden bearish divergence at the important resistance level of around $80,000 on the daily chart of Bitcoin. As long as the price of Bitcoin fails to break through and form a new higher high, this hidden bearish divergence will continue to exist.

According to Gate market data, since Federal Reserve Chairman Waller's speech, spot gold and silver have significantly retreated in the short term. Gold rebounded slightly after falling about 100 dollars from its high, reaching a low of 4530 dollars/ounce and currently reported at 4560 dollars/ounce; silver plummeted over 1 dollar during the day, hitting a low of 68.1 dollars/ounce and currently reported at 69.0 dollars/ounce.

Federal Reserve Chairman Waller stated on Friday that if policymakers cannot be confident that inflation is "declining at a clear and sufficiently rapid pace" back to 2%, the Fed "has work to do." This suggests that if price pressures do not improve, the Fed may raise interest rates next.Waller made it clear that he still adheres to the Fed's long-standing policy path of managing inflation through interest rate adjustments. This significantly increases the likelihood of the Fed's next step being a rate hike, which could create a divergence between him and President Trump, who has long sought rate cuts. This statement essentially eliminated the ambiguity that had been left previously. At the press conference at the end of July, Waller declined to respond extensively to whether a rate hike was needed to address the inflation issue, which has significantly risen this year and has been above the Fed's target for more than five consecutive years.

Yesterday, Ledger disclosed details of the LSB 023 security vulnerability on its official website. Some applications built on the Ledger Secure SDK may still receive new APDU commands during the user screen confirmation, leading to inconsistencies between the parameters displayed on the screen and the final signature parameters.In cases where the attacker controls the APDU communication between the device and the host, after the user confirms the operation shown on the screen, the device may generate a signature with different parameters. Ledger stated that it has fixed the issue through application-level checks and the SDK layer, and released Ledger Secure SDK v26.6.1 on August 21. The relevant applications have been rebuilt and released. Users need to update the applications through Ledger Live; merely updating the device firmware is insufficient to complete the fix. However, Ledger claims there is currently no evidence that the vulnerability has been exploited.

Fox Business crypto reporters posted on the X platform that the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation are advancing the finalization of a rule to define "unsafe or unsound practices" in bank regulation. This term has not been clearly defined for years, primarily relying on the broad discretion of bank examiners.Under this rule, when regulators determine that a practice is "unsafe or unsound," they must link it to actual illegal conduct or significant financial risk, thereby reducing the likelihood of pressuring banks serving legitimate clients, including crypto companies, based on vague reputational or procedural issues. This rule marks another important step towards further dismantling "Operation Chokepoint 2."

The "Realized Cap Impulse" indicator for Bitcoin has recently ended a continuous 93-day negative state and has turned positive for the first time, marking the longest reversal signal after a capital contraction cycle since the bear market of 2022.This indicator measures the momentum of changes in the realized market capitalization by tracking the changes in realized cap, combined with factors of Bitcoin supply and price, to assess whether the flow of tokens with actual economic significance in the market is driving capital base expansion. The positive shift in the indicator does not merely reflect a price increase but indicates that the flow of funds within the Bitcoin network is changing.Data shows that the indicator broke above the zero axis on August 20 when the BTC price was around $73,000 and has maintained positive values for 8 consecutive days. Currently, the BTC price has risen to about $78,900, an increase of approximately 8% during this period.As of the latest, the indicator reading is 0.198, below the peak of 0.226 reached on August 26. Historical data indicates that similar signals at the end of bear markets have been accompanied by significant rebounds in Bitcoin: after the indicator turned positive in September 2015, Bitcoin rose about 160% within a year; after March 2019, it increased about 173% in 90 days; and after January 2023, it rose about 45% in 90 days, with a yearly increase of 104%.However, the realized cap momentum indicator is not an absolute signal of a cycle bottom. Similar positive shifts occurred in early 2018 and 2022, but the market did not immediately enter a sustained upward phase afterward. Analysts believe that the indicator's continued positive value, confirmed by price trends, is more valuable than a single-day breakthrough above the zero axis.

GoPlus Security issued a security alert stating that realio[.]fund, a subsidiary of Realio Network, was attacked. The attacker took over the platform's signature system and transferred assets from the treasury and custodial wallets on Ethereum, BNB Chain, Algorand, Stellar, and the Realio native chain.This incident involved approximately 127.9 million RIO, valued at around 6.2 million dollars, and the attacker has currently cashed out about 317,000 dollars.

Blockstream has released a Bitcoin Improvement Proposal (BIP) proposing the SHRINCS post-quantum signature scheme. SHRINCS is a hash-based post-quantum signature scheme with a minimum size of 548 bytes, approximately 9 times larger than the existing Schnorr signatures, but much smaller than the NIST-approved ML-DSA and SPHINCS+ schemes. The scheme has completed production environment testing on the Liquid sidechain and includes a copy of the Bitcoin white paper.The scheme also has limitations. The BIP warns that security proofs are still pending, and the scheme is stateful, requiring the storage of used keys for each signature, which increases the signature size by 16 bytes with each use. In the event of device loss, approximately 5777 bytes are needed for a stateless fallback transaction recovery. Blockstream estimates that Bitcoin can maintain a speed of about 3 TPS after adopting SHRINCS, which can be increased to 6.7 TPS when combined with ZK proof aggregation.

Coinkite's hardware wallet Coldcard has been exposed for a serious entropy vulnerability, which has gone undetected since 2021, resulting in over $100 million in Bitcoin being stolen, with victims mostly being users of single mnemonic wallets. The weak entropy allowed attackers to guess private keys through customized means, prompting the Bitcoin community to reassess the reliability of single-signature self-custody.Against this backdrop, multi-vendor multisig solutions are becoming the new custody baseline recommended by long-term holders. This solution requires users to construct multisig addresses using keys from different wallet vendors, such as Trezor Safe 7, Ledger Nano, and Casa recovery keys to form a 2-of-3 multisig, thereby reducing reliance on a single hardware vendor. Multisig can also defend against wrench attacks and has given rise to Bitcoin insurance services priced in BTC, such as AnchorWatch.However, multisig also has its drawbacks; users not only need to keep threshold keys but also need to save copies of the multisig script or template to independently recover funds when the wallet service is offline.

The CFO of Nvidia stated that the growth of non-hyperscale cloud service provider customers is expected to account for about half of the data center business.

X account bitcoinarchive states that VanEck indicates all 12 quantitative signals show that the Bitcoin bear market has ended.VanEck also points out, "Saylor's strategy sell-off looks like a typical newspaper headline bottom."

At the 2026 Wyoming Blockchain Conference, Zhao Changpeng stated that Trump mentioned Hyperliquid and that Mike Selig, the chairman of the Commodity Futures Trading Commission (CFTC), will seek a path for the platform to enter the U.S. market.Zhao Changpeng believes that if this progress can be realized, it will be a significant boon for the entire cryptocurrency industry. Zhao stated that the outside world tends to view him as a supporter of centralized trading platforms due to his holdings in Binance, but the fundamental reason he entered the cryptocurrency industry is his belief in decentralization.He pointed out that some users choose Hyperliquid because the platform can be used through wallets without the need for traditional accounts and KYC processes; if Hyperliquid can operate in the U.S. in a compliant manner, it will open up space for perpetual contracts and more decentralized services to enter the U.S. market.He believes this is not only related to Hyperliquid itself. "Hyperliquid is just the tip of the iceberg; once this tip enters, other projects can follow suit." Related developments will benefit more decentralized products and their portfolio companies, and will also bring more liquidity to international centralized trading platforms, allowing U.S. users to obtain more competitive prices when buying and selling crypto assets.Zhao Changpeng stated that the current cryptocurrency market is far from saturated, so competition between platforms is not the main issue. Hyperliquid's entry into the U.S. will not only benefit itself but will also expand the market size of the entire industry, "what is beneficial for them will also be beneficial for us."

Bitdeer released the production and operation update for July 2026: the company has signed a 16-year co-location lease agreement worth $4.7 billion for the artificial intelligence data center (AIDC) at the Tydal site in Norway, and has configured 121 megawatts of IT capacity to operate NVIDIA GPUs.

According to Bitcoin.com, Tomáš Jiříkovský, the main suspect and programmer in a major cryptocurrency money laundering case in the Czech Republic, has sent signals that he may cooperate with the police investigation after the latest detention hearing at the Brno city court. The prosecution stated that he has not yet provided detailed testimony but has changed his previous stance of complete non-cooperation.Jiříkovský is accused of operating a dark web platform and laundering criminal proceeds, with the prosecution seeking a maximum sentence of 20 years in prison and asset forfeiture. The court decided to continue his detention on the grounds of flight risk and the possibility that he may still control some undisclosed involved cryptocurrency assets. The core of the case revolves around a donation of approximately $44 million in Bitcoin that he provided to the Czech Ministry of Justice: he had proposed to give 30% of a seized cryptocurrency wallet to the government in exchange for assistance in unlocking the wallet.

Bloomberg ETF analyst Eric Balchunas stated that gold and Bitcoin ETFs have returned to the top ten funds by trading volume, which may indicate that "devaluation trades" are replacing the AI craze.Balchunas pointed out that this phenomenon reflects the market's capital flow shifting from AI-related assets to asset classes like gold and Bitcoin, which are seen as hedges against currency devaluation.

Bitcoin has risen about 24% in the past week, approaching $79,000, marking its best performance of 2023. Ethereum has increased about 30% during the same period, surpassing $2,500, but the Total3 index, excluding Bitcoin and Ethereum, fell back after a morning surge, currently around $753 billion, recording a decline over the week.Bitcoin's dominance briefly rose to about 61% this week before falling back to around 59%, close to its yearly high. The CoinMarketCap altcoin season index is at 46, far below the 75 threshold that defines altcoin season, indicating that most altcoins have underperformed Bitcoin over the past 90 days.This round of market activity is mainly driven by the U.S. Treasury's announcement to double the long-term bond repurchase scale from $2 billion to $4 billion, with a weaker dollar prompting funds to flow into Bitcoin as a hedge against inflation. Trump subsequently met with crypto executives at the White House and pushed Congress to pass the Clarity Act. After Bitcoin broke through $70,000, it triggered a short squeeze, with Bitget Wallet research analysts estimating that over $4 billion in crypto shorts were liquidated within two to three days. If it continues to break through $80,000, it may open the way to $82,000 to $87,000.

The market is closely watching Federal Reserve Chairman Kevin Walsh's speech at the Jackson Hole annual meeting this Friday. As U.S. long-term Treasury yields continue to rise, the market generally expects Walsh to possibly release dovish signals to alleviate concerns about inflation and fiscal risks in the bond market.Mark Cabana, head of U.S. interest rate strategy at Bank of America, stated that the market has gradually lost sensitivity to Walsh's previous verbal statements about "fighting inflation," and investors currently hope to see a substantive policy path to address inflation. Meanwhile, Treasury Secretary Basant has recently increased the repurchase of long-term U.S. Treasuries and financed the government through the issuance of short-term bonds, indicating some divergence between the Treasury and the Federal Reserve in managing the bond market.The article points out that Basant's shift of financing pressure to the short end effectively bets U.S. fiscal costs on future interest rate declines. If Walsh can promote interest rate cuts by controlling inflation and boosting productivity, the short-term financing model is expected to reduce government interest expenses; however, if long-term rates remain high, U.S. fiscal pressure may further intensify.The market also anticipates that the Federal Reserve may make adjustments to liquidity management and balance sheet policies. Michael Cloherty, head of U.S. interest rate strategy at CIBC, believes that quantitative tightening could begin as early as the end of 2027, provided that regulatory rule changes can reduce banks' demand for reserves.Currently, the Federal Reserve still holds about $1.6 trillion in long-term U.S. Treasuries. Walsh's statements at Jackson Hole regarding long-term yields, inflation, and the path of balance sheet reduction may become an important signal for assessing the degree of future policy coordination between the Federal Reserve and the Treasury.