august

According to The Block, the European Union has officially launched a public assessment and consultation on the Markets in Crypto-Assets Regulation (MiCA), evaluating the framework's applicability in the context of the rapid evolution of digital assets, and is open for industry and public feedback until August 31.This assessment covers the core regulatory framework of MiCA, including key regulatory areas such as crypto asset issuance, asset-referenced tokens (ART), electronic money tokens (EMT), and crypto asset service providers (CASP). The EU's consultation is divided into two paths: an open call for public opinions and a technical consultation aimed at financial institutions, regulators, and industry organizations.The European Commission stated that this move is driven by the ongoing evolution of the global digital asset market and the competitive pressure brought about by the rapid advancement of crypto regulation in the U.S. and Asia. Meanwhile, the transitional period for MiCA will end in July 2026, at which point crypto companies will need to obtain full compliance authorization.Recently, Zerohash has become the first company to simultaneously obtain both the MiCA CASP license and the Dutch electronic money institution license, and Poland has just passed its local MiCA implementation bill. The head of Coinbase's European policy stated that MiCA has established early global standards but should undergo "targeted optimization" to balance regulatory safety and international competitiveness.The European Commission also supports centralizing the regulatory authority over large cross-border crypto institutions to ESMA to strengthen the unified regulatory framework.

According to FinanceFeeds, digital asset investment firm NYDIG has warned that if the U.S. Market Structure Bill does not make substantial progress in Congress before the August recess, the likelihood of its passage may significantly decrease.NYDIG stated that the current bipartisan political consensus around the cryptocurrency regulatory framework may only be a "brief window." If the bill fails to advance in the coming months, after Congress reconvenes, lawmakers' attention may shift to the midterm elections, fiscal budgets, and partisan political issues, causing the priority of cryptocurrency legislation to decline significantly.The report noted that the bill is seen as one of the most important attempts at cryptocurrency regulation in the U.S. to date, with core content including clarifying the classification of digital assets, delineating the regulatory boundaries between the SEC and CFTC, and establishing unified operational standards for exchanges and cryptocurrency businesses. However, key issues such as stablecoin regulation, DeFi regulation, consumer protection, and conflicts of political interest still have significant disagreements, leading to slow negotiation progress.NYDIG pointed out that long-term regulatory uncertainty is driving capital, talent, and innovation toward regions with clearer regulations, such as the UAE, Singapore, and the EU. The cryptocurrency industry is concerned that if this legislative window is missed again, the U.S. may repeat the regulatory stalemate of the past few years.

According to Cointelegraph, NYDIG research director Greg Cipolaro stated that if the U.S. Senate's cryptocurrency market structure bill does not pass before August, it may completely fail after the midterm elections. Cipolaro pointed out that the Senate Banking Committee passed the bill along party lines last week, but it needs 60 votes to pass in the Senate. Congress will be in recess from late July to early September, and then enter the pre-midterm election period, making it unlikely that Senate leadership will schedule a controversial 60-vote vote.If this window is missed, the most likely path is a post-election lame-duck session. If the Democrats control the Senate after the midterm elections, the current Republican-supported bill is unlikely to advance in the new Congress in January. Cipolaro stated that lawmakers face a choice: either accept an imperfect bipartisan framework or confront a drastically different legislative environment after the midterm elections. The White House's cryptocurrency advisors previously aimed to pass the bill by July 4, but Cipolaro believes a more realistic window is from June to early August.

Greg Cipolaro, research director at financial services firm NYDIG, stated that the most realistic window for the U.S. Senate's cryptocurrency market structure bill to pass is from June to early August. If it cannot be advanced during this period, it may face uncertainty for an even longer time after the midterm elections.Previously, White House cryptocurrency advisor Patrick Witt suggested July 4 as an ideal legislative timeline, but NYDIG believes this target is more of an "optimistic expectation," as it needs to go through multiple hurdles such as committee review, full Senate voting, and House processes. The bill aims to clarify the regulatory framework for cryptocurrency assets in the U.S. and is seen as one of the most critical pieces of legislation this year, but has been delayed multiple times due to disagreements over stablecoin regulation, ethical provisions, and DeFi rules.The Senate Banking Committee has advanced the relevant draft to a full Senate vote, but it still requires at least 60 votes to pass. Analysts point out that if the bill does not pass before the election cycle, changes in Senate control between Republicans and Democrats may further reduce legislative certainty, keeping the industry in a "regulatory gray area." However, once the bill is finally passed and signed into law, it will bring regulatory clarity to the market, especially as Bitcoin is expected to be clearly classified as a commodity, thereby reducing uncertainty for institutional entry.

On-chain analyst Darkfost stated that the supply of Bitcoin held by long-term holders (LTH) continues to increase, currently rising to 15.26 million BTC, the highest level since August 2025.In the past 30 days, the LTH supply has increased by approximately 316,000 BTC, in stark contrast to a net decrease of 650,000 BTC over the 30 days at the end of November last year, when a large amount of Bitcoin flowed out of long-term holders' wallets.Darkfost indicated that this suggests that some investors who accumulated Bitcoin about six months ago are still continuing to hold.

Galaxy Research Director Alex Thorn posted on the X platform that the U.S. Senate Banking Committee has voted 15-9 this week to advance the CLARITY Act to the full Senate voting stage, with time running short, and it is expected to take about nine weeks.The subsequent timeline may be: June 1: Begin coordinating the bill versions between the Senate Banking Committee and the Agriculture Committee; June 15: Full Senate begins debate; June 22: The Senate may complete the final vote; July 13: Coordination between the Senate and the House of Representatives is completed; early August: President Trump signs it into law (if it proceeds as planned).Alex Thorn's analysis suggests that the Democrats are focusing on "ethical provisions" aimed at limiting the digital asset holdings and profits of senior officials and their family members, while DeFi regulation and the Blockchain Regulatory Certainty Act (BRCA) are still under negotiation. The CLARITY Act will lay the foundation for innovation in the U.S. digital asset market and investor protection.

Stablecoin bank Augustus has obtained a federal banking license issued by the Office of the Comptroller of the Currency (OCC), becoming the eighth institution to receive this license since 2010, and has simultaneously completed a $40 million financing round, with investors including Valar Ventures, Creandum, Ramp, Deel, and the founder of Circle.

Economist and cryptocurrency critic Peter Schiff called for selling Bitcoin, while Strategy founder Michael Saylor refuted this.Peter Schiff stated earlier that over the past five years, the price of Bitcoin has only increased by 12%. During the same period, the Nasdaq rose by 57.4%, the S&P 500 rose by 59.4%, gold rose by 163%, and silver rose by 181%. If Bitcoin's appeal lies in its superior long-term performance, why do people still hold onto it?Michael Saylor replied that the time frame is crucial. Since August 2020, Bitcoin has been the best-performing mainstream asset, and the advantage is very clear. If the time span is extended, this gap will only widen.

According to The Block, investment bank TD Cowen stated that the time window for the U.S. to pass the crypto market structure bill may extend to the August recess, breaking the previous expectation that legislation needed to be completed before the Easter recess.Jaret Seiberg, managing director of TD Cowen's Washington research team, pointed out that the Easter recess is not a critical milestone, and legislative work can continue before and after the recess. With the conclusion of the primaries, some lawmakers will have greater flexibility for negotiations. Seiberg believes that the August recess is the last meaningful legislative window, after which Congress will only meet for 12 days in September and 2 days in October, which is only enough time to handle spending bills and defense authorization bills.He also reiterated that if control of Congress changes after the 2026 midterm elections, the bill may be delayed until 2027. It is expected that the House may shift to Democratic control, at which point the Democrats may choose to delay until 2027 to gain greater leverage. Currently, the crypto bill is stalled due to opposition from the banking sector regarding stablecoin yields and the Democrats seeking conflict-of-interest provisions for government officials, but both sides are reportedly close to reaching a compromise. Seiberg stated that if the bill does not pass in 2026, the SEC will provide the regulatory actions needed for the crypto industry.

Renowned trader and chart analyst Peter Brandt, who successfully predicted the Bitcoin crash in 2018, released a chart analysis this morning indicating that the ETH price chart has formed a symmetrical triangle pattern. Meanwhile, the total market capitalization of cryptocurrencies shows a right-angle expansion pattern. Bulls need to prove a breakout to dominate the market, while historically, such patterns often signal further volatility or decline, emphasizing the advantage of bears.Peter Brandt also predicts, "Bitcoin will bottom out and rebound between August and October, then soar all the way. At least that's how it looks now."

Story Protocol has postponed the unlocking of early investor and team tokens originally scheduled for February 2026 by 6 months to August of this year, in order to reduce short-term selling pressure and market volatility.This plan has been agreed upon by major investment firms such as a16z and Polychain Capital. The board stated that this move aims to avoid anticipated sell-offs before the unlocking and will use the next 6 months to promote revenue growth, validate PMF, and collaborate with a large AI company. After the adjustment, investors will unlock 25% of their tokens 18 months after the TGE, with the remaining portion released monthly in a linear fashion before the 42nd month.

According to Jinshi reports, the U.S. Bureau of Labor Statistics released data showing that the non-farm payroll employment for August was revised from -4,000 to -26,000; the non-farm payroll employment for September was revised from 119,000 to 108,000. After the revisions, the total new jobs for August and September is 33,000 lower than before the revisions.

According to DL News citing Bitwise data, the Ethereum DAT treasury company purchased only 370,000 ETH in November 2025, a drop of about 81% from the peak of 1.97 million in August. Bitwise analysts stated that this model is rapidly collapsing due to the dispersion of funds and compression of premiums.The current market presents a "winner takes all" pattern, with Bitmine holding 3.73 million ETH, exceeding the total holdings of the other 68 treasuries combined. Although the current monthly purchases are still higher than the new supply of 80,000, the gap in buying pressure is quickly narrowing.

According to Jinshi, the U.S. non-farm payrolls for August recorded negative growth, with the number of new jobs revised down to -4,000.

According to Jinshi reports, the U.S. Bureau of Labor Statistics announced that the non-farm payrolls for July were revised down by 7,000 from +79,000 to +72,000; the non-farm payrolls for August were revised down by 26,000 from +22,000 to -4,000. After the revisions, the total non-farm payrolls for July and August were 33,000 lower than before the revisions.

According to Jinshi reports, Duolingo's stock price fell by a record 27%, reaching its lowest level since August 2024.

According to Jinshi reports, the euro against the US dollar (EUR/USD) fell to 1.1504, the lowest level since August 1.

According to Jinshi reports, the US Dollar Index DXY has broken through the 100 mark, marking its first breakthrough since August 1.

According to Jinshi, the euro against the US dollar EUR/USD fell 0.3% to 1.153, the lowest level since August 5.

ChainCatcher news, according to Jinshi reports, the US Dollar Index DXY rose to a high of 99.59, reaching its highest level since August 1. The GBP/USD fell 0.4% to 1.3137, the lowest level since April.