Ethereum (ETH) has rebounded strongly by nearly 8% this week, recovering more than 80% of last week's losses. Despite entering August, which historically performs poorly, institutional holdings have surged by 127.7% (enterprise-level ETH holdings), and on-chain daily trading volume has reached a historical high of 1.74 million transactions (ETH on-chain activity). Coupled with a technical leverage washout (1 billion USD in open contract liquidations), multiple indicators suggest that ETH may break seasonal patterns. Currently, ETH is only 22% away from its historical high. After a big pump of 48% in July, can August continue the rise and challenge new highs?

SharpLink is rapidly expanding its Ethereum (ETH) reserves at an astonishing pace, becoming the world's second-largest enterprise-level ETH holder in just two months. With the completion of the latest round of $200 million refinancing, SharpLink's total ETH holdings have surpassed the $2 billion mark, becoming a focal point of industry attention. This move not only alters the landscape of corporate encryption asset allocation but also injects new momentum into its long-term financial strategy.

Supported by key trend lines and the dual support of the golden fibonacci retracement level, Solana (SOL) is sending bullish signals on the technical front, with the Stochastic RSI indicating oversold conditions or a potential bottom. On-chain data further shows that whale addresses and retail investors (small SOL holdings) are simultaneously increasing their positions in SOL, leading to a surge in buying volume. Will the SOL price successfully break through the critical resistance level of $206 and initiate a new round of upward momentum?

Pudgy Penguins (PENGU) has recently attracted a large number of investors' attention due to the dual push of technical factors and market heat. With prices breaking through key patterns and surpassing competitors on Google Trends, does PENGU have the potential to challenge $0.041? This article will delve into the latest trends, technical indicators, and market sentiment of PENGU, providing investors with a comprehensive price prediction reference.

What happened in the past 24 hours? Let's take a look at the one-image recap of "Ai&Meme Daily"!
????8/8 update:
Musk retweets Bitcoin wizard animated emoji
Pump launches Glass Full Foundation, which will inject liquidity into ecological tokens.
The auction for dogwifhat's hat, bags.fun founder won with 6.8 BTC.
⚠ Warning: PVP risk is high, be cautious in your bets, must be careful.

A Bitcoin whale that had been dormant for nearly 10 years recently awakened and transferred 3,000 Bitcoins, worth about $350 million. These Bitcoins have seen a return of up to 34,548% since 2015. The whale diversified the funds into 30 new wallets, possibly seeking security or reducing tracking difficulty, but the market also faces short-term selling pressure risks.

On August 8, despite the rebound of Bitcoin and mainstream alts, the price of Pi Network (PI) continued to be stuck in narrow fluctuations, quoted at only 0.3582 USD, nearly 90% off its historical peak. The latest data shows that the 24-hour trading volume of Pi Network is only 66 million USD, far lower than that of mainstream tokens in the market. Demand has significantly weakened, and ecological activity is sluggish. Has Pi become a "ghost chain"? Or is there still an opportunity for a breakout? This article will analyze the risks and opportunities of Pi Network from multiple perspectives including trading volume, technical aspects, and potential catalysts.

Block Inc., led by Jack Dorsey, raised its full-year gross profit forecast for 2025 after exceeding expectations in the second quarter. This is mainly due to the rapid rise of Cash App's lending business and steady performance in payment volume. Square's merchant business continues to grow steadily, and progress has been made in Bitcoin mining chips and AI-driven operational efficiency. Despite uncertainties in the macroeconomic environment, the company remains optimistic and emphasizes that Bitcoin is at the core of its long-term strategy.

Thinking carefully about Vitalik Buterin's latest statements on L2 rapid withdrawals, it's quite interesting.
In simple terms: he believes that achieving quick withdrawals within 1 hour is more important than reaching Stage 2, and the rationale behind this priority adjustment is worth deeper consideration:
1) The one-week withdrawal waiting period has indeed become a major issue in practice, not only resulting in poor user experience but also significantly increasing cross-chain costs.

In the past 24 hours, the price of Sui (SUI) has risen by 5.2%, and the trading volume has surged by 56%, standing out against the backdrop of low performance in most Crypto Assets. Swiss bank AMINA is the first to offer SUI trading and custody services to its clients and plans to launch staking services, further accelerating institutional adoption. Since its launch in 2023, Sui's TVL has grown by 843% in 19 months, with stablecoin reserves exceeding $1 billion, and both network activity and price performance are in a phase of rapid growth. Technical Analysis indicates that SUI is likely to challenge the $4 mark again.

As Ethereum (ETH) is expected to break through the $4,500 barrier, the capital layout in the Crypto Assets market has entered a new wave of climax. Analysts have pointed out DOGE and Pi Network (PI) as the current most noteworthy potential alts. This article will focus on the latest developments of DOGE and PI, the flow of Whale funds, and technical opportunities to help investors seize the next wave of explosive market trends.

This week, the price movement of Pi Network (PI) has garnered significant attention in the market. Despite the recent continuous downtrend, PI has shown strong support at $0.32, with buyers beginning to enter the market, creating short-term rebound opportunities. However, the key resistance level at $0.37 remains the biggest test for the bulls to reverse the trend. This article will combine technical indicators and market momentum to deeply analyze the short-term opportunities and risks of PI coin.

CROSS maintains price stability above $0.2997 support after breaking a descending trendline, with resistance at $0.3164. Steady trading volume indicates consolidation as traders monitor price movements around these key levels.

Despite Bitcoin (BTC) prices once again reaching 117,000 USD, the market has shown a rare divergence: the social sentiment indicator risk value is only 0.039, hitting a five-year low. This phenomenon signifies that, compared to the frenzied atmosphere during past bull run peaks, the current market participation and public enthusiasm are significantly lacking. This article will analyze the logic behind the disconnection between Bitcoin prices and social sentiment, and explore the potential impact of this subdued sentiment on future market trends.

The popular blockchain project Pi Network announced the completion of its KYB (Know Your Business) verification integration with fiat on-ramp service provider TransFi, and is now officially connected to the Pi Wallet. This move allows pioneering users from over 70 countries worldwide (Pioneers) to directly purchase and exchange PI Tokens using local payment methods. At the same time, the team announced that the auction deadline for .pi domain names has been extended to the end of September, providing users with more time to bid for personalized Web3 identity identifiers.

Despite the fact that asset tokenization is seen as an important trend in the fintech revolution, American financial giant JPMorgan has raised severe criticisms regarding its current state. Analysts bluntly state that the hype around tokenization is largely driven by crypto-native companies, with adoption rates among traditional financial institutions far below expectations. As the SEC pushes for the "crypto initiative," the market is filled with anticipation for the future of on-chain finance, but JPMorgan's latest report warns that the prospects for tokenization remain "disappointing." This article will analyze JPMorgan's views, the challenges of institutional adoption, and the key challenges for future industry development.

On August 7, the Trump administration officially imposed tariffs of up to 100% on imported semiconductors, bringing unprecedented cost pressure to American Bitcoin miners. With the average import cost of ASIC mining rigs rising by 21%, miner profit margins have significantly declined, and the dominance of the U.S. hashrate is facing challenges. This article will deeply analyze the impact of the new tariff policy on the U.S. encryption mining industry, changes in the supply chain, and the potential reshaping of the global computing power landscape.