On countless sleepless nights, I often wonder: should I hold a grudge against you? Because you truly made me cry so many tears. You left me torn between love and doubtโunable to sleep through the night. You also made me so sad I couldnโt stop trembling. Your coldness and indifference have completely used up all my enthusiasm and genuine feelings for you. In your eyes, itโs like Iโve never really been okayโjust like you said. I only know how to make unreasonable demands, throw tantrums, and sulk. But then suddenly I remember how you were at the beginning: your kindness to me, your steadfastness, your concern and care. You said I was gentle and cute. Because meeting you, you walked me through the darkest days and brought me so much warmth and happiness. Suddenly, I no longer want to blame you. I remember those moments when we resonated with each other over and overโthose moments when you healed me again and again.
I also remember: back then, loving you was real. And now, not loving you is also real. If possible, I hope that in your memories, I will always be the one who smiles and is gentle. I remember your goodnessโthat is the best thing. Goodbye. Even though there are ten thousand roads, I will no longer walk with you.
On August 25, 2026, Bitcoin (BTC) broke through $80,000 for the first time since mid-May. The intraday high reached about $81,000. The gain over the past week totaled as much as 23%, marking the biggest single-week surge in nearly three years.
This surge was triggered by several factors working together. The core drivers were macro policy shifts, inflows of funds, and a chain reaction of short liquidations:
ยท Macro policy shift: The U.S. Treasury announced increased long-term Treasury repo operations, weakening the U.S. dollar and reigniting demand in the market to allocate to Bitcoin as a โscarce asset.โ ยท Institutional capital inflow: U.S. spot Bitcoin ETFs recorded net inflows of as much as $1.92 billion in a single week, the highest in nearly 10 months. ยท Shorts get โwiped outโ: The rapid rally forced a large number of leveraged short positions to close. Last week, the total amount of short positions liquidated reached $7.2 billion, amplifying the price increase.
However, I think the market is currently highly divided:
ยท The optimistic camp believes the policy environment has improved. Standard Chartered has raised its target price to $126,000. ยท The cautious camp warns this could be a technical rebound driven by โshort-covering.โ They note that the current price is in a โstate of extreme greed.โ Some analysts warn that if it cannot hold above $80,000, it may pull back to the $67,000โ$70,000 range to find support.
Just saw the newsโAnthropic is also gearing up for an IPO, and it might directly smash the record set by SpaceX.
That said, when SpaceX went public in June this year, it was already the largest IPO in history: a valuation of $1.77 trillion, with an initial fundraising of $75 billion, and with overallotment accounted for, it ultimately raised $86.2 billion. But only two months later, reports say Anthropic is looking to break that recordโthe fastest timeline is that it will publicly file its listing documents by the end of this month. On the investor side, the stated targets are a valuation of $2 trillion, and fundraising that could exceed $100 billion.
Honestly, that valuation sounds a bit exaggerated, but Anthropicโs growth data really is astonishing. In Q2, revenue surpassed $11.5 billion, up 14x year over year. Paid enterprise customers have already exceeded OpenAIโs. Still, there are voices of doubt: right now, SpaceXโs share price in the secondary market is basically treading waterโtwo months after listing itโs still trading near the offer price, suggesting the pricing already baked in expectations to the max. Whether Anthropicโs $2 trillion valuation can hold up is anyoneโs guess.
Thereโs also a detail: they plan to implement super voting rights. Even if the founder holds only 2% of the shares, they can still firmly control the company. If this IPO goes through, it would indeed be a historic moment for the AI industryโit just remains to be seen whether the market will accept that price.
The Banking Policy Institute (BPI) calls on FinCEN to expand customer identification program (CIP) requirements from the primary market of stablecoin issuers to cover secondary-market platforms such as exchanges.
Behind this are key developments in the recent regulatory tug-of-war over stablecoins:
ยท Focus of the dispute: FinCENโs proposed rule currently requires issuers to perform identity verification on their direct customers (primary market), arguing that forcibly extending CIP to anonymous on-chain transactions is โimpractical and could hinder industry development.โ But the BPI, represented by institutions such as JPMorgan Chase and Bank of America, argues that since most illicit activity occurs in secondary-market trading, exchanges and platforms that establish account relationships directly with retail customers must also be required to conduct CIP. ยท Direct impact: If the BPI proposal is adopted, both centralized and decentralized exchanges (DEX) could be brought under the regulatory framework of the Bank Secrecy Act, with compliance costs and operational hurdles likely to rise substantially. ยท Milestone: The proposal was submitted by the BPI in a formal comment letter to regulators regarding the CIP rule, and its public comment period ended on August 21. Regulators will determine the final direction of the rule based on feedback from all parties.
Bitcoin surged more than 23% this week, posting its strongest weekly gain since March 2023, as the price moves to within striking distance of the $80,000 mark.
This rally was sparked by multiple bullish catalysts:
ยท Shift in macro policy: The U.S. Treasury announced a significant expansion of long-term Treasury repo operations, driving down yields on long-dated bonds and improving overall risk appetite. The Trump administration also sent positive signals supporting digital assets. ยท Epic โshort squeezeโ: Over the past three days, about $4.5 billion worth of short leveraged positions in the crypto market were liquidated. Shorts were forced to buy to close, creating a spiral of โrallyโliquidationโrally.โ ยท Institutional capital returning: U.S. spot Bitcoin ETFs saw net inflows of more than $1 billion this week, potentially setting the largest single-week inflow since January, bringing sustained buying pressure.
At present, FOMO (fear of missing out) sentiment is clearly evident, but several analysts have warned of overheating risk in the short term. $80,000 is the first key resistance level, and a pullback or consolidation may follow. However, Standard Chartered Bank believes its year-end target price of $100,000 could even be somewhat conservative.
Dusk Network: a Privacy Layer-1 for Regulated Finance
Dusk Network is a unique Layer-1 blockchain. Itโs not just another privacy blockchainโit is purpose-built as compliant infrastructure for regulated financial assets and tokenization of real-world assets (RWA).
Its key innovation lies in balancing privacy with compliance. Using zero-knowledge proofs (ZKP), Dusk enables confidential smart contracts: transaction details and identity information are hidden by default. At the same time, authorized parties (such as regulators) can verify compliance through a โselective disclosureโ mechanism, solving the long-standing dilemma of choosing either privacy or transparency. This design aligns with regulatory frameworks such as MiCA and is seen as a bridge connecting traditional finance with DeFi.
DUSK is now going live on the Binance Square. Join the discussion on the $DUSK topic to have a chance to share in the rewards. For @Dusk , use #dusk and $DUSK to share your insights on its privacy-and-compliance architecture.
A group of people in Silicon Valley are using budgets close to zero to build open-source models, trying to keep up with the pace in China. VCs aren't buying it muchโthey think this space has no real money to be made. But it seems these people don't care. They just keep coding in the darkโend of story. $NVDA.US This is real technology.