On August 20, U.S. stocks related to Ethereum reserves generally fell, with SharpLink Gaming down 9.42%, Bitmine Immersion Technologies down 9.97%, BTCS down 13.45%, GameSquare down 10.53%, and Bit Digital down 8.16%.

The Federal Reserve Board of Governors member Bowman emphasized that banks and regulators need to adapt to new technologies such as artificial intelligence and crypto assets to avoid diminishing their role in the economy. She called for the industry to assist regulators in understanding blockchain and digital assets, and proposed reducing regulatory scrutiny related to reputational risks to better tackle the challenges posed by new technologies.

Deutsche Bank strategists criticized U.S. Treasury Secretary Basant's views on the Fed's interest rate, arguing that the magnitude of rate cuts shown in his model is too large. They pointed out that the Fed's monetary policy report does not support significant rate cuts, and the current interest rate remains within a reasonable range, making a 25 basis point cut more reasonable.

On August 20, according to monitoring by lookonchain, James Wynn's Ether long order faced partial liquidation, taking only 10 hours, and currently only has a long position of 71.6 ETH (approximately 300,000 USD) remaining. Previously, after receiving a recommendation reward of 19,206.72 USDC, he entered a 25x leverage long position on ETH. The entry price was 4,239.5 USD, and the liquidation price was 4,143.8 USD.

On August 20, according to Coinglass data, the cumulative net outflow of CEX in the past 24 hours was 9457.52 Ether, with the top three CEX by outflow as follows: · CEX, outflow of 26,300 ETH; · CEX Pro, outflow of 18,800 ETH; · CEX, outflow of 3303.03 ETH. In addition, CEX had an inflow of 18,700 ETH, ranking first in inflows.

On August 20th, data shows that if Ethereum falls below $4000, the long order liquidation intensity on mainstream CEX will reach 1.223 billion; if it breaks above $4300, the short order liquidation intensity will reach 1.336 billion. The liquidation chart displays the liquidation intensity at different price points, reflecting the degree of impact that price changes have on the market.

On August 20, Bloomberg reported that major global financial lobbying groups are calling for regulators to pause the upcoming new regulations on banks' crypto asset operations and reassess what they believe to be overly stringent measures. In a joint letter to the Basel Committee on Banking Supervision, these industry associations stated that policymakers should "seek the latest information" to understand the application cases of the Distributed Ledger technology that supports digital assets and consider "appropriate redesign and recalibration" of the relevant standards before formal adoption in 2026.

On August 20, according to official news, Ethereum NFT and the gaming project CyberKongz announced a new token KONG, which will fully replace the original token BANANA as the liquidity layer of its ecosystem. The token will only be issued on the Ethereum mainnet, with a total supply of 1 billion pieces. BANANA can be converted to KONG at a ratio of 1:25 (open at TGE). The airdrop plan will distribute 2% of the total token supply to the Ethereum NFT community, with details to be announced. CyberKongz stated that KONG will combine DeFi and NFT, launching staking mechanisms, rewards distribution, deflationary burn, and other functions. Future token distributions will be conducted quarterly through Kongz Hub, exclusively for Genesis holders, Baby holders, and KONG stakers.

[CEX DEX has supported all assets on the Base chain, and the next step will support Solana] The DEX function of CEX has supported all assets on the Base chain, and support for the Solana ecosystem is also in the plan and will be launched soon.

On August 19, according to Onchain Lens monitoring, three newly created wallets received 52,475 ETH from BitGo in the past 20 minutes, worth approximately $220.44 million, likely related to BitMine.

On August 19, according to the official announcement, CEX will launch USELESS Spot trading.

On August 19, according to on-chain analyst Ai Yi (@ai_9684xtpa), "Brother Maji" Huang Licheng currently holds unrealized losses of 10.35 million USD in his long positions of BTC, ETH, HYPE, and PUMP. Currently, his ETH long order liquidation price is 3081 USD, and he has adjusted the take profit and stop loss range to 4242 USD to 4800 USD.

[Two institutional related wallets received 9,044 ETH from FalconX] According to Lookonchain monitoring, despite the market downturn, institutions are still continuously purchasing ETH. Two wallets associated with institutions, address 0x50A5 and 0x9bdB, received 9,044 ETH from FalconX approximately 25 minutes ago, worth about 38 million dollars.

[Multiple whales panicked and sold over 34,400 ETH during the market fall] According to Lookonchain monitoring, multiple whale addresses are selling ETH in the context of the market fall.
The address starting with 0x1D8d deposited 17,972 ETH into the CEX one hour ago, worth approximately 77.4 million USD;
An address starting with 0x5A8E deposited 13,521 ETH into CEX in the past 12 minutes, worth approximately 57.72 million dollars;
The address starting with 0x3684 deposited 3,003 ETH, worth approximately 12.89 million USD, to CEX 20 minutes ago.

On August 19, according to Lookonchain monitoring, as the market experiences a big dump, multiple whale addresses are panic selling ETH. An address starting with 0x1D8d deposited 17,972 ETH (approximately 77.4 million USD) to a CEX an hour ago; an address starting with 0x5A8E deposited 13,521 ETH (approximately 57.72 million USD) to a CEX in the past 12 minutes; an address starting with 0x3684 deposited 3003 ETH (approximately 12.89 million USD) to a CEX 20 minutes ago.

On August 19, according to on-chain data, a Whale with $125,000 rolled over to go long on ETH currently has unrealized losses of $2.675 million on a 15x leveraged long position in ETH, and unrealized losses of $678,000 on a 25x leveraged long position in ETH, with total unrealized losses reaching $3.353 million.

[The Nasdaq falls expanded to 1%] The Nasdaq falls expanded to 1%. Netflix (NFLX.O) stock price fell by 3.9%, poised to create the largest single-day fall in over a month.

[Intel ( INTC.O ) rises 10%, reaching a 5-month high] Market data shows that Intel ( INTC.O ) rises 10%, reaching a 5-month high.

On August 19, according to The Block, TRON DAO has reached a strategic cooperation protocol with MetaMask, which will natively integrate TRON into its self-custody encryption Wallet developed by Consensys. This integration will allow MetaMask users to directly interact with the TRON ecosystem through the Wallet interface.

On August 19, according to official news, Circle announced that the new infrastructure Circle Gateway, aimed at achieving a unified balance of USDC across chains, has officially logged in to the Mainnet, providing users with the ability for cross-chain access to USDC in seconds, and will continue to expand to more Blockchains. Key highlights include: 1, 2, Efficient Liquidity Management: Meeting multi-chain liquidity needs through a single integration, drop capital occupation; 3, Non-custodial Design: Users have complete control over USDC, and funds can only be moved with signature authorization, withdrawals do not require trust in third parties.