august

The U.S. Bureau of Labor Statistics revised the non-farm payroll employment for July from +21,000 to -10,000, and for August from 162,000 to 133,000.After the revisions, the total number of new jobs for July and August is 60,000 lower than before the revisions.

Cryptocurrency analyst @AxelAdlerJr stated that the buying pressure indicator in the Bitcoin futures market has risen to 4.9, the highest since August 19; the contract open interest has increased by nearly 9,000 BTC within 24 hours.This indicator reading means that the accumulated buying pressure over the past 12 hours is nearly five standard deviations higher than the average level of the past week. @AxelAdlerJr indicated that if the Bitcoin price remains above $85,000 while the upward momentum weakens, the upward trend is likely to continue; if the price falls below $83,000, the liquidation of newly established long positions may accelerate the decline.

In August, the actual personal consumption expenditure in the United States increased by 0.6% month-on-month, compared to a previous value of 0.

In August, the core PCE price index in the United States had a year-on-year rate of 3%, lower than the expected 3.3%, with the previous value revised from 3.3% to 3%.

In August, the JOLTs job openings in the United States were 7.079 million, lower than the expected 7.225 million, and the previous value was revised from 7.271 million to 7.335 million.

According to Axel Adler Jr's monitoring, although the price of Bitcoin has further risen to around $87,000, the market's profit-taking pressure is weaker than in August. During the second round of price increases, profits realized were 19% lower than during the first round, and losses also decreased.At the peak of the first round of increases on August 26, the price of Bitcoin was about $78,600, with profits realized over the past 7 days reaching $9.1 billion; at the peak of the second round on September 24, the price of Bitcoin rose to $84,100, with profits realized over the past 7 days amounting to $7.3 billion, a 19% decrease from the previous round. During the same period, losses realized over the past 7 days dropped from $2.6 billion to $1.5 billion. As of today, Bitcoin's net realized profit over the past 7 days is $4.3 billion.The Short-Term Holder SOPR has remained above 1 since August 20, indicating that the overall Bitcoin transferred by short-term holders is still in profit, but the profit margin has narrowed. At the peak on August 26, the corresponding profit margin for short-term holder SOPR was 2.8%; it dropped to 1.6% at the peak on September 23; and as of today, it has further decreased to 1%. During the pullback of Bitcoin to $76,500 on September 17, the short-term holder SOPR fell to a low of 1.003, with the profit margin for short-term holders transferring Bitcoin narrowing to 0.3%, but it did not fall below 1.

On-chain analyst Darkfost posted on X, stating that since June 2026, the total market capitalization of altcoins, including ETH, has attracted over $371 billion in inflows, an increase of about 45%.Meanwhile, approximately 87% of altcoins on Binance are currently above the 200-day moving average, while about 80% of altcoins were still below this average in August of this year. Darkfost believes this reflects a significant recent concentration of funds into altcoins, while market sentiment has shown signs of overheating to some extent, and attention should be paid to whether the subsequent momentum can be sustained.

Analysis released by a16z crypto on September 23 shows that the total transaction volume of real-world asset perpetual contracts in August 2026 is $11.73 billion, with on-chain platform transaction volume accounting for about $10.1 billion, or 86%; centralized exchange transaction volume is about $16 billion, an increase of 44 times compared to the same period last year. A year ago, the on-chain platform transaction share was only one-third or lower.As of the end of August, the open interest size is $4.8 billion, expanding about 30 times from $161 million in July 2025. In terms of transaction volume, stocks account for 48%, commodities for 28%, and indices for 18%, indicating a shift in transaction structure from being commodity-dominated previously. a16z states that the HIP-3 protocol launched by Hyperliquid in October 2025 simplifies the creation of new perpetual markets and enhances liquidity sharing.

ARK analyst Lorenzo Valente stated that Uniswap completed approximately 140 million transactions in August this year, surpassing the total number of transactions on both the Cboe BZX and NYSE American trading platforms. NYSE American, a subsidiary of the New York Stock Exchange, has been operating since 1908, while Uniswap was launched in 2018; five years ago, Uniswap's monthly transaction volume was only about 2 million transactions.Valente noted that in terms of transaction volume, the next target for Uniswap to catch up with is NYSE Arca, which completed approximately 232 million transactions in August.

According to a report released by Spartan Capital, Robinhood Chain will launch its mainnet on July 1, 2026. By the end of August, the on-chain DEX trading volume had risen to $1.5 billion, with a TVL increasing to $711 million, and on-chain gas revenue in August reached $6.6 million.The report shows that most of the trading volume in August came from Uniswap, with a single-day on-chain fee reaching $2.1 million on August 31. Robinhood is responsible for running the sequencer and receives about 90% of the on-chain fees. After deducting Ethereum settlement costs and the 10% licensing fee paid to Arbitrum DAO, the net income for August was approximately $6 million. Regarding Robinhood Earn, users deposit USDG and borrow through Morpho, with the deposit scale increasing from $9.5 million on July 1 to $456 million on August 31, accounting for 68% of Robinhood Chain's TVL at the end of the month. Users can earn an estimated annualized yield of about 7%, while the yield on the loan side was approximately 3.7% at the end of August, with the difference subsidized by reward funds provided by Morpho and its lending partners.Meanwhile, the Meme ecosystem of Robinhood Chain is growing rapidly. By the end of August, over 340,000 tokens had been issued on-chain, with application layer transaction fees reaching $114 million in August. The report states that the trading volume of Meme and tokenized stock trading pairs is also growing rapidly, with the trading volume of Meme tokens paired with Robinhood Stock Tokens reaching $518 million in August. The report points out that the current trading activity on Robinhood Chain is still mainly driven by crypto-native users, and Robinhood's own 27 million funded accounts have not yet been migrated to the chain on a large scale. The gas subsidies in the Robinhood wallet will continue until September 29, and the Earn yield is also planned to be gradually reduced.

The venture capital firm a16z crypto stated that the trading of perpetual contracts linked to stocks, gold, and other traditional assets has rapidly increased, with more transactions occurring on-chain. In August 2026, the transaction volume reached $117.3 billion, up 44 times from a year earlier, with open interest at $4.8 billion. After a decline in transaction volume in April 2026, it hit a new high again in May, rising to $145.1 billion in July, before falling back to $117.3 billion in August.Open interest increased from $161 million in July 2025 to $4.8 billion in August 2026, nearly a 30-fold increase, remaining close to record highs even as transaction volumes declined. As of November 2025, centralized exchanges accounted for about two-thirds or more of monthly transaction volumes, with December nearly evenly split with on-chain venues; in August 2026, on-chain venues accounted for 86%, approximately $101 billion, while centralized exchanges accounted for about $16 billion, with their transaction volume declining from a peak in March to July.The decentralized perpetual contract platform Hyperliquid launched HIP-3 in October 2025, allowing developers to deploy their own perpetual contract markets using the shared trading infrastructure HyperCore. That month, the on-chain RWA perpetual transaction volume increased to about $4 billion, with on-chain venues accounting for nearly half of the tracked transaction volume in December. A year ago, commodities accounted for 84%, while in August this year, stocks accounted for 48%, commodities for 28%, and indices for 18%. In June, the open interest for stocks was $1.6 billion, surpassing commodities at $1.2 billion, and in August, they were $2.2 billion and $1.6 billion, respectively.

According to statistics from Gaogong Robotics, in August of this year, there were a total of 168 winning projects disclosed in domestic bidding related to embodied intelligent robots, with a total amount of approximately 550 million yuan. Among them, products from Yushu Technology appeared in 55 procurement orders and 89 bids, accounting for about one-third, and ranked first in the number of winning bids with 136 medium/full-size humanoid and quadruped robots.In terms of amount, there were only 7 orders at the ten million yuan level, accounting for about 4%. The largest single order was for the "Shanxi Taichu Embodied Intelligent Innovation R&D Center Integrated Technology Operation Service Provider Project," amounting to 122 million yuan, used for the construction of a data collection and training center. In the overall orders, the amount for the data collection training center accounted for about 60%, while the projects flowing into scientific research and education accounted for nearly 80%. Projects directed towards real scenarios such as power inspection, industrial inspection, cultural tourism commercial use, and firefighting accounted for less than 10%.

According to Bloomberg on September 22, China's gold imports are at a record level this year, driven by falling international gold prices and a strengthening yuan. Customs data shows that the procurement volume has exceeded 1,000 tons as of August, surpassing the total for the entire year of 2025, with relevant customs data traceable back to 2017.Goldman Futures analyst Wu Zijie stated that strong investment demand has kept domestic gold prices at a slight premium relative to international benchmarks, thereby attracting imports.

In August, U.S. retail sales increased by 1.2% month-on-month, higher than the expected 0.8%. The previous value was revised from -0.6% to -0.5%.

According to on-chain analyst Ai Yi's monitoring, a certain whale has been using 8x leverage to go long on 45,000 ETH since August 31, currently facing an unrealized loss of 4.295 million USD, having peaked at an unrealized gain of 5.054 million USD.This long position of ETH, valued at 107 million USD, is the third largest single-asset position on Hyperliquid, with an opening price of 2486.37 USD and a liquidation price of 2181.79 USD, having paid over 540,000 USD in funding fees; this is the first time this address has opened a position.

The blockchain data platform Allium released the report "Stablecoins and Payment Status: September 2026." The report shows that in August 2026, the supply of stablecoins reached $303 billion, a year-on-year increase of 6%, with Tether and Circle accounting for 85% combined. Exchanges held $89 billion, and DeFi protocols held $26 billion.In the first eight months of 2026, stablecoin payments reached between $401 billion and $527 billion, a year-on-year increase of 42% to 63%. Enterprises received 58% to 64% of the payments, with B2B being the largest channel. The growth rate of cross-border stablecoin payments is seven times that of traditional fiat channels. From January to August, the total transfer volume reached $85 trillion, and after excluding internal exchange transfers, DeFi, and infrastructure transfers, the real economic activity was $4.0 trillion, of which transactions accounted for 69%, value storage accounted for 13%, and payments accounted for up to 13%.B2B settlements reached between $137 billion and $153 billion. In corporate operations, service fees were $56 billion, salaries $43 billion, vendor payments $28 billion, and retail purchases $19 billion. In geographically attributed payments, 61% were domestic. Thailand received $10.8 billion, Turkey $7.8 billion, Indonesia $6.3 billion, and Mexico $6.1 billion. The proxy payments on the x402 protocol reached 29 million monthly transfers in August, averaging $0.06 per transfer. Ether.fi Cash's monthly expenditure increased to $108 million.

The weekly change in ADP employment in the United States for the week ending August 29 was an increase of 16,250 people, compared to the previous value of 12,000 people.

According to PR Newswire, Canaan Inc. (CAN) released its unverified Bitcoin mining operation data for August. In August, 44 BTC were mined, and as of the end of the month, the balance sheet held 1868 BTC, with all ETH positions completely liquidated.The company sold all 3952 ETH and 54 BTC at the end of August, with average prices of approximately $2400 and $79,000, respectively, cashing out about $13.9 million, and used about $5.4 million of that to repurchase approximately 13.6 million ADS, bringing the total repurchased this year to about 16.4 million ADS. Its non-joint venture mining facility has an installed hash rate of 10.05 EH/s, while the joint venture (JV) mining facility has an installed hash rate of 4.92 EH/s, with a comprehensive electricity cost of approximately $0.043 per kilowatt-hour for the month.