The Web3 space in August is 'hotter' than the summer in Chongqing - Trump's marriage to Crypto.com ignites the crypto market, Bitcoin crashes over 10,000 dollars in a single day, 900 million in funds evaporates, while Ethereum pushes against the trend to hit 5,000 dollars? Under the triple storm of policy, capital, and technology, how can ordinary people seize the opportunity of 'wealth redistribution'?
1. Trump + Crypto.com: A 'crypto marriage' worth 200 million dollars.
On August 26, Trump's Trump Media and crypto giant Crypto.com suddenly announced the establishment of a joint venture, locking in 100 million CRO tokens (about 200 million dollars) in a 'crypto vault' model, and promising not to sell for a year. Upon the announcement, the CRO token surged 20% in a single day, showcasing a capital frenzy under the 'presidential effect'.
This collaboration is no coincidence: As early as 2024, Trump publicly supported the crypto industry, and in March 2025, the U.S. officially listed Bitcoin as a national reserve asset. Now, the combination of 'political IP + crypto infrastructure' is attempting to connect traditional power with the decentralized world.
2. Bloodbath of 900 million dollars! Bitcoin falls below 110,000, and a single statement from the Federal Reserve triggers a 'chain reaction of liquidations.'
In stark contrast to Trump's 'wealth creation myth' is the market's brutality - on August 26, the Federal Reserve Chairman released 'hawkish signals' at the Jackson Hole meeting, hinting at an extended rate hike cycle. Subsequently, within 24 hours, Bitcoin plummeted from 120,000 to 108,000, with nearly 900 million dollars in leveraged funds forcibly liquidated, causing the exchange's servers to crash due to panic selling.
Key data:
- Mainstream coins generally fall: BTC drops over 8%, SOL, APT, and other altcoins are halved;
- Ethereum strengthens against the trend: Institutional funds continue to flow in, ETH to BTC exchange rate hits a one-year high, and the market begins to bet on the 5,000 dollar mark.
3. Policy 'Ice and Fire': Hong Kong embraces stablecoins, U.S. legislation stalls.
Global regulators are staging a 'race' in the Web3 space:
- Hong Kong: Officially implementing the stablecoin regulations in August, requiring stablecoin issuers to have 100% reserve backing, paving the way for compliant exchanges and institutions to enter.
- USA: Crypto legislation encounters 'roadblocks' - Democratic Senator Warner firmly opposes the Digital Asset Market Structure Act, especially resisting the 'developer safe harbor clause', causing the bill to stall in the Senate.
Expert interpretation: Hong Kong's 'precise regulation' and America's 'partisan game' may reshape the global flow of crypto capital - the Asian market is becoming a 'safe zone' for Web3 innovation.
4. Technological breakthrough: China's public chain TPS skyrockets to 15,000, the Web3.0 'highway' is here.
While the market is obsessed with price fluctuations, the underlying technology is quietly rewriting the rules:
- Conflux Tree Diagram Public Chain 3.0: Announced on July 21 that it will officially launch in August, with TPS (transactions per second) jumping from 3,000 to 15,000, supporting AI agents calling on-chain, equivalent to equipping Web3 with a 'super engine';
- Cross-chain integration acceleration: The decentralized aggregator 1inch launches native cross-chain exchanges between Solana and EVM chains, allowing users to seamlessly transfer assets between different blockchains, completely breaking down liquidity barriers.
5. Must-read for ordinary people: Three major 'avoid pitfalls + opportunities' guides.
1. Beware of 'high yield scams': Recently, platforms like 'Xinkangjia' have used 'Web3 decentralized finance' as a gimmick to defraud 13 billion RMB; remember: genuine DeFi projects never promise 'daily returns', and the flow of funds can be traced on-chain.
2. Focus on 'institutional heavy tracks': Ethereum (ETH) continuously receives increased holdings from institutions like Grayscale due to narratives like L2 scaling and staking economy, with 5,000 dollars potentially becoming the next target.
3. Layout of 'compliant stablecoins': After the implementation of the stablecoin regulations in Hong Kong, compliant currencies like USDC and BUSD will be more favored and can serve as risk hedging tools.
Conclusion: Web3 is not a 'scam', but 99% of people are being harvested by 'pseudo-Web3'.
From Trump's 'crypto ambitions' to Hong Kong's 'compliance experiments', from Ethereum's technological breakthroughs to the Federal Reserve's policy pressure, the Web3 space in August is experiencing 'ice and fire'. As blockchain experts say: 'This is not the bursting of a bubble, but the industry's 'disillusionment' - true opportunities always belong to those who understand the rules.'
