1. U.S. Government Releases GDP Data on Blockchain for the First Time, Covering Nine Major Platforms
The U.S. government has begun publishing Gross Domestic Product (GDP) data on a public blockchain, initially covering nine blockchain platforms including Bitcoin, Ethereum, and Solana. This move aims to provide new channels for the release of economic data but will not replace existing methods. Department of Commerce officials revealed that the encrypted hash values of this data will be recorded on the blockchain, with plans to expand coverage in the future. Secretary of Commerce Howard Lutnick is the main proponent of this initiative, having previously expressed a desire to adjust the GDP reporting method to exclude the impact of government spending on the data. The data is published by the Bureau of Economic Analysis, and this blockchain initiative is unrelated to the dismissal of the Bureau of Labor Statistics director. This move is seen as further support from the U.S. government for cryptocurrency and blockchain technology. -Original
2. Guotai Junan International Launches Cryptocurrency Trading Services, Supporting Multiple Currencies
Guotai Junan International has announced the launch of cryptocurrency trading services, supporting retail trading of at least five cryptocurrencies including Bitcoin and Ethereum. Professional investors can also trade stablecoins such as Ripple and Tether. In June of this year, the company was approved to upgrade its securities trading license to provide virtual asset trading services. -Original
3. U.S., Japan, and South Korea Joint Statement on North Korean IT Personnel Threat, Involving Blockchain Activity Risks
On August 28, the U.S., Japan, and South Korea issued a joint statement regarding the threat posed by North Korean IT personnel, stating that the three countries will continue to unite in addressing this threat. North Korea continues to send IT personnel around the world to profit, using the funds to finance illegal weapons of mass destruction and ballistic missile programs that violate United Nations Security Council resolutions. The U.S., Japan, and South Korea expressed serious concern over the increasingly malicious activities of North Korean IT personnel. North Korean IT personnel employ various means to disguise themselves as non-North Korean IT workers, using false identities and addresses to deceive, including utilizing artificial intelligence tools and colluding with foreign accomplices. They take advantage of the existing demand for advanced IT skills to secure freelance contracts from an expanding target customer base across regions including North America, Europe, and East Asia. North Korean IT personnel are also likely involved in malicious cyber activities, particularly within the blockchain industry. Hiring, supporting, or outsourcing work to North Korean IT personnel increasingly poses serious risks, including theft of intellectual property, data, and funds, as well as reputational damage and various legal consequences. -Original
4. U.S. CFTC to Release Guidance Clarifying Foreign Trading Platform Registration Rules
On August 29, the U.S. CFTC plans to release guidance clarifying the registration rules for foreign trading platforms (FBOT), providing a legal pathway for non-U.S. platforms to serve American users. Acting Chair Caroline D. Pham stated that this move will help "bring crypto activities back to the U.S." and provide U.S. traders with more global liquidity. This is seen as an important step towards regulatory clarity in the cryptocurrency industry. -Original
5. Trump Threatens Tariffs on Countries Imposing Digital Taxes, Meta CEO Met with Him
Recently, Trump threatened to impose significant tariffs on countries that levy digital taxes. It is reported that Meta CEO Mark Zuckerberg met privately with Trump last week to discuss the issue of digital services taxes. Meta confirmed that the meeting involved discussions about the company's investments in the U.S. and its technological leadership. The White House has not responded to this. -Original
6. Bitcoin Protocol Portal Secures $50 Million Funding to Promote Non-Custodial Token Exchange Development
The Bitcoin-focused protocol Portal to Bitcoin has secured $50 million in new funding led by Paloma Investments, bringing the total funding for the project to $92 million. This funding will support the expansion of the company's adapter, BitScaler. BitScaler allows for the scaling of native Bitcoin without the need for wrapped tokens, custodial bridging, or "messaging or other insecure alternatives." Portal plans to use this new funding to expand its funding program and attract institutional and community liquidity providers. The company is also piloting integrations with wallets and custodial platforms to demonstrate non-custodial token exchanges. -Original
7. UN Secretary-General Guterres Reiterates Support for Russia-Ukraine Ceasefire, Emphasizes Diplomatic Efforts
On August 28, UN Secretary-General Guterres' spokesperson Dujarric stated that Guterres spoke with Ukrainian President Zelensky that day, reiterating the UN's principled position supporting a comprehensive, immediate, and unconditional ceasefire between Russia and Ukraine. Dujarric mentioned in a press conference that Guterres and Zelensky discussed recent diplomatic efforts to end the Russia-Ukraine conflict. Guterres emphasized the importance of maintaining diplomatic momentum and reiterated the UN's support for a comprehensive, immediate, and unconditional ceasefire, viewing it as the first step towards achieving a just, comprehensive, and sustainable peace in Ukraine in accordance with the UN Charter, international law, and relevant UN resolutions. -Original
8. Significant Inflow of Funds on the ETH Chain, Institutions Increase Large Purchases
Click the link to enter the Tencent meeting: https://meeting.tencent.com/p/9309732027 The cryptocurrency market is ever-changing, and Ethereum (ETH) has recently become the focus again, with price fluctuations driven by multiple technical factors and intense market sentiment. On August 28, 2025, Ethereum experienced a significant drop, with prices falling below $4,500, a daily decline of over 3%. This drop occurred against the backdrop of an overall adjustment in the global cryptocurrency market, leading to cautious investor sentiment.
Despite short-term pressure, the market shows that Ethereum has successfully broken through the downward trend line, reigniting bulls' hopes of hitting $6,000 or even $10,000 in the future.
Market Performance Today: Ethereum in Decline — As of August 28, 2025, Ethereum's trading price is approximately $4,543.81, with a market cap around $547.7 billion. Although the price has dropped by 1.24% in the last 24 hours, it has maintained a weekly increase of 7.61%, with a monthly increase as high as 19.88%. — The price fluctuations of Ethereum are not isolated events. On the same day, Bitcoin briefly fell below $111,000 but then rebounded to around $111,600. This correlation reaffirms the high interconnectivity of the cryptocurrency market. — The recent lack of significant positive news, combined with the impact of the macroeconomic environment, has put pressure on the prices of mainstream cryptocurrencies like Ethereum. Investors tend to operate cautiously amid uncertainty, reducing their holdings in high-risk assets.
Technical Analysis: Key Positions and Bull-Bear Struggles — From a technical analysis perspective, Ethereum is currently at a critical crossroads. Technical analysis shows that Ethereum's order book exhibits clear sideways oscillation characteristics, with neither technical indicators nor external environments providing clear trend guidance. — The bullish arrangement of moving averages and engulfing patterns has released bullish signals, but the extremely low trading volume has created a divergence between price and volume, indicating that the current upward momentum may not be healthy. The price is near the middle band of the Bollinger Bands, and the RSI indicator shows balanced market sentiment. — In terms of key support and resistance levels, the $4,500-$4,525 range constitutes immediate support, while resistance is found in the $4,750-$4,800 area. Only by breaking above the resistance at $4,582 and stabilizing can there be some rebound momentum in the short term.
Market Dynamics: Whale Accumulation and Fund Flows — On-chain data shows remarkable signs of renewed institutional interest. On August 27, Ethereum recorded a net inflow of over $93 million, reversing the trend of capital outflow throughout the summer. — Exchange balances also show a macro trend of ETH continuously leaving centralized platforms—this is often a precursor to long-term accumulation. — Most notably, whale tracking data indicates that Bitmine spent $427 million in a single day to purchase ETH, marking one of the largest accumulation events of the year. — Such large-scale buying "often signals that prices will rise quickly, as whales are positioning themselves ahead of anticipated demand." This divergence from Bitcoin's trend is particularly significant—BTC is still under pressure from ETF-related capital outflows. Institutional funds seem to be shifting towards favoring Ethereum, which may lay the foundation for relatively strong performance in the coming months.
Future Outlook: A Tapestry of Multiple Factors — The short-term direction of Ethereum depends on whether bulls can reclaim and stabilize the $4,800 level. A strong breakout could push ETH to $5,200 or even $6,000, while a failure could lead to a pullback to the $4,400 support. — According to Polymarket's predictive market data, the current market probability of ETH reaching $5,000 by the end of the year is 76%, but confidence in hitting $10,000 is noticeably lacking. — Fundamental factors are also supporting Ethereum's long-term value. Validator node rewards are attracting institutional funds, keeping staking volumes strong. Meanwhile, trading volumes in Layer 2 ecosystems like Arbitrum, Optimism, and zkSync have significantly increased, boosting overall network activity for Ethereum. — The continuous rise in total value locked (TVL) in Layer 2 indicates that scaling solutions are becoming an important part of the long-term adoption narrative for ETH. The improvement of these infrastructures provides solid support for the long-term value of the Ethereum network.
Investment Strategy: Risks and Opportunities Coexist — In the current market environment, a cautiously optimistic strategy is recommended. Investors may consider going long around $4,410, with a stop-loss set at $4,360, targeting around $4,520-$4,550, and if broken, looking at $4,580-$4,600. — Another strategy suggests setting long entry points at $4,550, with an additional buy point at $4,500, taking profits at 30 points, targeting $4,650; for short positions, entry at $4,700, with an additional buy point at $4,750, taking profits at 30 points, targeting $4,550. — Importantly, investors need to be aware of the high volatility characteristics of the cryptocurrency market. The most frightening aspect of the market is not the absence of trends or opportunities, but the confusion and lack of direction. — "With enough effort, even an iron pestle can be ground into a needle! In the new century, as long as you are willing to work hard, who says you can't have both fish and bear's paw!" Multiple analysts emphasize the importance of risk management and a long-term perspective in cryptocurrency investment. — The significant accumulation by whales and the increase in Layer 2 activities provide strong fundamental support for Ethereum. The technical outlook shows that as long as Ethereum holds the channel support and effectively breaks through $4,800, the $6,000 target is entirely reasonable.
Meeting: 9309732027 QQ Group: 123116768
Disclaimer: The above content represents the author's personal views and is for communication and sharing purposes only, not representing AiCoin's stance or views, and does not constitute any investment advice. Investing based on this may involve external contacts, and AiCoin is not responsible for the consequences. -Original
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