Coinbase to List FLUID and WMTX

US Central Command confirmed that the U.S. military attacked two Iranian rocket launchers in the Strait of Hormuz on Sunday (early morning, August 31 Beijing time). This marks the first time the U.S. has publicly admitted to launching an attack on Iran since late July. Shortly after, Iran’s Islamic Revolutionary Guard Corps (IRGC) announced on social media in the early hours of August 31 that Iran had fired missiles at U.S. military bases. In a statement, the IRGC said the attack on Larak Island killed and injured multiple people including civilians, adding that "the enemy’s aggression against Larak Island will definitely be retaliated against, and the aggressor will definitely be punished." Affected by the news, Bitget data shows WTI crude oil opened with a nearly 2% gap-up on Monday, while Brent crude oil returned to the $90 per barrel threshold, rising 2.3% intraday. Spot gold opened with a gap-down. According to HTX data, the entire crypto market fell: Bitcoin dropped to $77,000 and is currently trading at $77,399.02, down 1.7% in the past hour.

According to Fox News, Iran is carrying out attacks on U.S. troops stationed in Jordan. A U.S. source familiar with the situation stated that the Iranian strikes have not had a major impact so far, with almost all incoming missiles intercepted.

，据 HTX 行情信息，比特币突破 79,000 美元，24 小时涨幅 1.49%；以太坊突破 2500 美元，24 小时涨幅 2.48%。

According to GMGN market data, after launching on Binance Futures in the evening, BSC-based meme coin "Niu Lai" has shown strong performance, with its market cap briefly surging past $140 million to hit an all-time high. It is now trading at $130 million, up over 159% in the past 24 hours, with a 24-hour trading volume of $63.6 million. BlockBeats reminds users that most meme coins have no real use cases, experience significant price volatility, and caution is required for investments.

Serenity published a report analyzing the sell-side research on ESMT (Jinghao Ke, stock code 3006). In March, South China Securities projected ESMT’s Q2 DDR3 4Gb contract price would rise around 50% quarter-on-quarter, while Fubon Securities forecast DRAM prices would increase 40% quarter-on-quarter. By August, South China Securities had revised ESMT’s Q2 aggregate ASP upward to a 105% to 113% quarter-on-quarter rise, explicitly stating DDR3’s price increase was “significantly better than expected”. Serenity argues that the price hike in niche memory chips is no longer just a revenue story, but a major profit amplifier, with operating leverage stretched to an extreme. Powerchip’s wafer costs may double in the second half of the year, and customers’ willingness to absorb cost pass-through has far exceeded expectations. ESMT’s single-month net profit in July was around $109 million, far exceeding earlier model assumptions. Roughly annualized, this values the stock at as low as a 1.9x P/E ratio. DDR3 is mainly used in products like IP cameras and hard drives. Memory chips account for a very small share of customers’ total bill of materials (BOM), so even a few dollars more per chip is far cheaper than the cost of redesigning and re-certifying products, making demand relatively inelastic. The consensus view is that peers are shifting production capacity to high-value products like HBM and DDR5, leading to structural tightening in DDR3 and DDR2 supply.

Analyst Rekt Fencer has published a 3-day ratio chart of Bitcoin (BTC) and the Nasdaq, marking three major drawdowns: roughly -84.9% in 2018, -80.7% in 2022, and the current -54.3% in 2026. The analyst pointed out that after Bitcoin underperformed the Nasdaq by such wide margins in the prior two instances, it went on to post very strong independent rallies, with prices surging sharply thereafter. With the current ratio dropping significantly again, history may repeat for the third time: the bottom is approaching, and BTC will regain strength going forward.