Market Trends - The market is currently in an "alt season," led by digital asset treasury companies (DATCO) [1] - Upcoming ETF approvals are unlikely to replicate Bitcoin's institutional success [1] ETF Analysis - Basket ETFs with multiple assets will attract more capital than single-asset altcoin ETFs [1]

Onchain Data Analysis - HTX address "HTX 48" transferred approximately 60 million WLFI tokens to Binance deposit address 0xf387D7…29FcB5 [1] Response from Justin Sun - Justin Sun stated that the address only conducted small deposit tests and address splitting [1] - Justin Sun claims there was no buying or selling involved, and it could not have had any market impact [1]

Just In: On-chain data shows that World Liberty Financial’s controlling address 0x407F…5178 called the guardianSetBlacklistStatus function on the WLFI Token contract, blacklisting the address 0x5AB2…DA74, which is associated with Justin Sun. https://t.co/0IgjR8XaTM https://t.co/Bl5r8KYyXj ...

According to Bloomberg, Strategy Inc. (formerly MicroStrategy) has theoretically met the S&P 500’s profitability criteria with a $14 billion unrealized gain last quarter. Inclusion would trigger passive index funds to buy around 50 million shares, worth roughly $16 billion at current prices, passively exposing institutions to its $70 billion Bitcoin treasury. https://t.co/A6a1AXEqRw ...

After the news was released, the share prices of US cryptocurrency DAT and Cryptocurrency Reserve Company both fell sharply. ...

According to Reuters, the U.S. SEC unveiled a new regulatory agenda proposing rules for cryptocurrency issuance and trading, including exemptions and safe harbors, and considering listings on national exchanges and alternative trading systems, while also seeking to simplify disclosure requirements to ease Wall Street’s compliance burden. https://t.co/qr0bnodUwQ ...

Sei’s leading protocol, Yei Finance, has launched its official TGE registration page. Sign-ups for airdrop eligibility open on September 4 at 13:00 UTC.The event invites Yei Finance users and liquidity providers to register for the upcoming airdrop. The token ticker is CLO, short for Clovis, Yei’s new cross-chain protocol. Clovis Pre-deposit Vault will re-open next week.https://t.co/J5zh6GsWGv ...

Regulatory Scrutiny - Nasdaq is increasing its scrutiny of companies holding significant amounts of cryptocurrency [1] Market Strategy - Companies are attempting to boost their stock prices by raising funds to buy and hoard crypto assets [1]

Company Strategy - Mega Matrix Inc 提交了 20 亿美元（$2 billion）的通用搁架注册声明（Form F-3）[1] - 该策略旨在支持其稳定币治理代币 DAT 策略，目标是积累 Ethena 的 ENA 等代币 [1]

Industry Development - Crypto technology provider Fireblocks, valued at $8 billion, launched its stablecoin payments network, Fireblocks Network for Payments [1] - The network connects over 40 institutions, including stablecoin startups Bridge (acquired by Stripe), Circle, Zerohash, and Yellow Card [1] - The network supports multi-stablecoin transfers [1]