Good afternoon, today is August 21, 2025, the latest developments in the cryptocurrency industry:

SEC Chairman Paul Atkins will announce the "Project Crypto" regulatory framework initiative at the Wyoming Blockchain Summit, aimed at establishing regulatory policies for cryptocurrencies and blockchain technology.

Ethereum is performing strongly, with the ETH/BTC trading pair continuing to strengthen and significant institutional funds flowing in. SharpLink invested $667 million to increase its ETH holdings, bringing its total holdings to $3.2 billion; BitMine holds 1.52 million ETH valued at $6.6 billion, becoming the world's second-largest cryptocurrency holding company.

BlackRock and the Ethereum ETP drove $3.75 billion in inflows into cryptocurrency products last week, with the industry's total assets under management reaching a historical high of $244 billion. Ethereum exchange balances have dropped to a 9-year low, and analysts are optimistic about a $5,000 target.

Major market movements: BTCS will use Ethereum as a dividend payment to combat short sellers; Ethereum faces the largest short position in history; Solana DeFi dominates liquidation activities amid the crash; $130 billion in stablecoins on Ethereum sets a historical record, potentially triggering an altcoin frenzy.

Other important news: Cardano is strongly pushing against the $1 resistance level; Thailand has launched "TouristDigiPay" allowing tourists to pay with cryptocurrencies; XRP regains institutional confidence after settling with the SEC.

Today's top gainers: OKB +53.20%, BIO +19.25%, SAPIEN +17.33%, MORPHO +12.17%, PENGU +6.59%, PI +5.31%, LINK +5.22%, AERO +4.85%, SOL +4.09%