According to the latest data from CoinShares, global Crypto Assets investment products attracted a net inflow of $3.75 billion last week (from August 11 to August 17), setting a historic fourth-high record, pushing assets under management (AUM) to a new high of $244 billion. Among them, Ethereum (ETH) products performed remarkably, with a weekly inflow of $2.87 billion, accounting for 77% of the total, far exceeding Bitcoin (BTC) and other altcoin products.
## Ethereum Leads, Inflows Reach New Highs This Year
CoinShares report shows that the Ethereum fund recorded a net inflow of $2.87 billion last week, setting a new historical record and raising the cumulative inflow for 2024 to $11 billion.
Proportion: Weekly capital inflow accounts for 77% of the total.
Asset growth rate: The inflow amount year-to-date is equivalent to its management.

When it comes to alts, Ethereum (ETH), Ripple (XRP), and Cardano (ADA) are almost the three big names that cannot be avoided. But if we let artificial intelligence decide, which one is the most popular altcoin in the world? We posed the same question to four AI systems: ChatGPT, Google Model, Perplexity, and Grok, and the results showed both consensus and surprises.
## This is not a price war, but a battle for popularity.
This survey does not analyze coin price trends, market capitalization, or technical advantages, but focuses on "popularity" — including Google search volume, social media activity, fan loyalty, and institutional attention.
The reason we choose ETH, XRP, and ADA is that they have consistently attracted significant attention in past reports and are among the most discussed altcoins in the global community.
## C

Pi Network community administrators recently stated that a second Mainnet Migration may take place in 2025, primarily targeting the un-migrated rewards from recommended mining and balances of users who have recently completed KYC verification. This news has sparked heated discussions in the community and is seen as a potential solution to long-standing backlog issues. However, analysts warn that during the current consolidation period of the Pi coin price (between $0.3 and $0.4), releasing tokens too quickly could trigger significant dumping pressure. At the same time, the team is promoting dual verification and hackathon development to pave the way for ecosystem expansion.
## Admin Releases Signal: Secondary Migration on the Agenda
Pi Network's well-known influencer Woody Lightyear disclosed on social media platform X that a Pi Network admin has explicitly confirmed the possibility of a second Mainnet migration. This discussion stems from community members' concerns regarding the delay in the migration of referral rewards and the absence of updates.

The DOGE to USD exchange rate has recently started a new round of decline, having fallen below the support levels of $0.250 and $0.2420. The current price is consolidating below $0.2320, and the technical chart shows that the key rising channel on the hourly chart (support level at $0.2295) has been breached, with trading below the 100-hour moving average. If it cannot reclaim the $0.2320 resistance, DOGE may further dip to the key support areas of $0.2250 or even $0.2165. Long positions need to defend the $0.2165 line to preserve rebound hopes.

Pi Network (PI) has recently faced pressure in its trend, even though the official announcement of Pi Hackathon 2025 and hints from the host suggest that a second migration from Testnet to Mainnet may occur this year, the price continues to fluctuate within a falling channel. The technical indicators show that if the key support cannot be maintained, the Pi coin may face further pullback.

Former US President Donald Trump has recently become the focus of global finance and the crypto market due to a series of policies and statements. From firing the head of the US Bureau of Labor Statistics and making comments on tariffs, to signing two executive orders directly related to Crypto Assets, the market has shown significant short-term fluctuations. At the same time, the news of the Tornado Cash developer being found guilty has sparked intense discussions within the crypto privacy and Decentralization community.
## Trump's words and actions continue to affect Bitcoin's trend
Two weeks ago, the key support level for Bitcoin (BTC) that the market was focusing on at $116,000 has been broken, with the price once touching $112,000, and then rebounding to the range of $116,000–$117,000. Unlike before, the support strength at this price level seems to be stronger now.
On August 15, Trump suddenly fired the director of the U.S. Bureau of Labor Statistics, Erika McEntarfer, causing panic in the market.

Bitcoin has recently shown a mild pullback, but the price still holds above the key support level of $115,000. On-chain data analysis indicates that based on the short-term holder (STH) cost basis model, selling pressure may be relatively limited before the market reaches the first important target of $127,000. Meanwhile, the STH unrealized PNL ratio (NUPL) is currently only 0.07, far below the saturation threshold of 0.25, indicating a low willingness for short-term holders to take profits, leaving room for price upward movement. Analysts believe that if the support is maintained and the resistance of $117,261 is broken, Bitcoin is likely to restart its upward trend and challenge the previous high.

On-chain monitoring data shows that a mysterious Whale Address has transferred nearly $39 million worth of 30 trillion SHIB Tokens from Coinbase Prime to a brand new hosted wallet, possibly indicating a long-term holding intention. This move coincides with the Shiba Inu core developers announcing a cross-chain expansion strategy based on the Chainlink CCIP framework, planning to introduce SHIB to the Base and Solana networks. At the same time, the daily destruction rate of SHIB has surged by 1985%, with over 4.7 million Tokens permanently removed. The multiple dynamics at play have sparked discussions in the market about the deflationary effect of SHIB and the multi-chain ecosystem layout.
## Whale Activity: 30 Trillion SHIB Transferred to Cold Storage
The blockchain tracking platform Whale Alert has detected that a certain Whale Address recently executed a crucial operation: withdrawing a total of 30,000 from the Coinbase Prime hosted wallet.

The Hong Kong "Stablecoin Issuer Regulatory Framework" (referred to as the "Stablecoin Ordinance") officially came into effect on August 1, attracting a strong market response. The Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) recently jointly issued a warning to investors about the significant increase in related trading risks and fraudulent activities. Although specific complaint numbers following the ordinance's enactment have not been disclosed, data shows that there were already 265 complaints related to fraud and other virtual asset-related crimes recorded in the first half of the year, with the trend likely to push the annual figures beyond previous years. Yip Chi-hang, Executive Director of the SFC's Intermediaries Division, urged investors to remain rational and cautious, and to pay attention to the fluctuation risk of related concept stocks.
## Regulatory Joint Statement: Beware of Rising Risks Related to Stablecoins
The Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority recently issued a joint statement expressing concern over the market Fluctuation related to stablecoins. The statement pointed out that with the implementation of stablecoin regulations, the market has reacted enthusiastically, but at the same time, there are risks of fraud and hidden dangers in transaction security.

Taiwan's virtual asset regulation has officially entered the implementation stage! Under the "Virtual Asset Custody Business" pilot program initiated by the Financial Supervisory Commission, Cathay United Bank, China Trust Commercial Bank, KGI Bank, and Federal Bank have been approved to enter the Crypto Assets custody market, with the first wave of services focusing on Bitcoin (BTC) and Ether (ETH). This not only opens up a new blue ocean for the banking industry but will also change the digital financial ecosystem landscape in Taiwan.
## The Financial Supervisory Commission Opens Up, the Banking Industry Officially Enters Crypto Assets
To promote financial innovation and improve the regulatory framework, the Financial Supervisory Commission will launch a themed pilot program for "virtual asset custody services" by the end of 2024, and will accept applications from January to April 2025.
As of the end of the application period, four banks submitted applications, and on June 19, KGI, Citic, and Federal banks were approved to join the pilot program, while Cathay United was the first to announce its business blueprint, showcasing an active

The Qubic community, focused on artificial intelligence blockchain projects, has decided to target DOGE, which has a market capitalization of over $35 billion, after allegedly implementing a 51% attack on the privacy coin leader XMR. This move has raised deep concerns in the crypto assets community about the security of the Proof of Work (PoW) mechanism, leading mainstream CEXs to suspend XMR deposits. Experts have differing opinions on whether Qubic fully controls the XMR network, but the risks of transaction censorship and chain reorganization due to the centralization of computing power are real.
## Follow-up on the Monero Network Control Controversy
After claiming to have gained control of the majority of the Computing Power of the Monero network, the Qubic community voted to select its next potential target. This event shook the Crypto Assets industry last week, sparking widespread discussion about the security of decentralized networks and defenses against Computing Power attacks.
## DOGE becomes the next target, community voting results are out
Qubic

Pi Network (PI) has recently been stuck near a key resistance level, with the price unable to break through the $0.401 mark, causing market sentiment to gradually cool down. Although capital inflow is still ongoing, investors' patience is being tested. Analysis indicates that whether or not this price level is broken could determine the direction of the next significant market movement for Pi coin.

Bitcoin (BTC) has quickly fallen back after hitting a historic high, with prices returning to the levels before last week's big pump, erasing the previous rapid gains. Although most in the market still expect BTC to rebound strongly again, crypto assets analyst Melikatrader has proposed two possible trends, both of which could ultimately end in a bearish reversal and test the key support zone.

Aerodrome Finance (AERO) surged 8.5% in the past 24 hours, with on-chain Liquidity reaching a recent high. smart money (Smart Money) net bought $785,000 AERO in the last 7 days, while over $16 million flowed into the derivatives market in a single day, driving open interest (OI) to break the $100 million mark, and Spot net inflow exceeding $1 million shows a long-term holding tendency. Despite strong momentum from the longer, AERO currently faces a key Fibonacci resistance at $1.47, with volume dropping 40% to $127 million warning of insufficient breakout momentum. If the resistance cannot be effectively broken, the price may pull back to the $1.25 support, and investors need to be wary of high Fluctuation risks in DeFi protocols at the resistance level.
## Smart money is making a big bet, AERO becomes the hottest weekly target
Aerodrome Finance (AERO) in the past 24 hours

Bitcoin mining has long faced two major challenges - high electricity costs and heat dissipation pressure. While major mining companies search for cheap energy on Earth, an entrepreneur from Intercosmic Energy, Nick Moran, proposed a disruptive idea: to send Bitcoin mining rigs into space, utilizing nearly continuous solar energy and the vacuum environment to create the most extreme mining farm in history.
## Three Major Advantages of Space Mining
Moran pointed out during an interview with the YouTube channel Bitcoin Bram that space mining has three natural advantages compared to ground mining:
Continuous Sunlight: A synchronous orbit can receive about 23 hours of sunlight daily, while a low Earth orbit can receive 18 hours, almost unaffected by weather.
Free Cooling: Natural cooling in vacuum and low-temperature environments eliminates one of the largest operating costs of the Mining Farm.

Amid the growing trend of companies incorporating Bitcoin into their asset allocation, the Japanese listed company Value Creation (TYO: 9238) has taken the opposite approach, choosing to close all positions of 22.36 BTC just six months after holding the coins, realizing a profit of approximately 52 million yen. What are the underlying reasons behind this "lightning strike" operation?
## From entering the market to closing all positions, in less than half a year
According to a report by CoinDesk Japan, Value Creation decided in March this year to invest the remaining funds into Bitcoin, positioning this move as a "temporary measure."
From March to June, the company purchased BTC four times at a total cost of approximately 400 million yen, and originally planned to add another 100 million yen from July to December.
However, a notice on Monday shocked the market - Gong

BlackRock ( is increasingly dominating the Bitcoin and Ethereum Spot ETF market, and has invested in MicroStrategy ), raising deep concerns in the market about institutional manipulation of crypto assets. Analysis indicates that BlackRock may pressure MicroStrategy's stock price, forcing Michael Saylor ( to liquidate his massive Bitcoin reserves, thereby creating market panic and low-price accumulation. If this strategy is executed, Bitcoin could plunge to $60,000-$65,000, Ethereum may dip to $1,700, and alts could evaporate 80-90% of their market capitalization. This potential "liquidity crisis" not only threatens market stability but could also undermine the foundation of decentralization in crypto assets, turning "people's money" into a new plaything for Wall Street.
## BlackRock's Crypto Empire Expansion, Monopoly Shadow Looms Over the Market
BlackRock's growing influence in the crypto space has sparked intense speculation, with reports suggesting that...

The cryptocurrency market saw a general fall at the beginning of the week, with Bitcoin ( BTC ) retreating to the $115,000 range, and Ethereum ( ETH ) returning to the $4,300 area. Whether this pullback is a short-term whipsaw or the beginning of a deeper adjustment will depend on significant U.S. economic events this week. Bitcoin's price is highly sensitive to Fed policy expectations, with the FOMC meeting minutes, initial jobless claims data, and the Jackson Hole central bank annual meeting serving as three key catalysts. The market expects an 84.8% probability of a rate cut in September, but inflation stickiness and internal divisions within the Fed pose uncertainties. Crypto investors should be wary of the "hunting market" risks at Jackson Hole and closely monitor the effects of U.S. Treasury yields and the dollar index on mainstream tokens like BTC/ETH.
## The crypto market faces setbacks at the beginning of the week, with BTC/ETH key levels under pressure
The cryptocurrency market had a poor start this week, with a general decline. Bitcoin (BTC ) price has pulled back to the $115,000 range, while Ethereum