Data: Web3 social application Towns has over 400,000 total users, with over 200,000 token holders

Well-known crypto trader Killa published a post stating that he believes Bitcoin has formed its bottom. Following the current rally, BTC may enter a new consolidation range, which could serve as an accumulation phase ahead of the next market expansion. He warned that the market is currently in a "manipulation phase", though some investors remain unconvinced by this assessment.

The whale known as "Set 10 Big Goals First" has reopened a Bitcoin (BTC) short position, holding 83.866 BTC in shorts worth $6.25 million at an entry price of $74,553.27. Prior reports show the whale made a $20 million profit from a long BTC position on August 19, while yesterday’s short position gave back $6.28 million of those gains, resulting in a net profit of $13.72 million from the long-short round-trip trade.

According to the official X account of AllScale, a self-custody stablecoin digital bank, the platform has launched the AllScale CLI command-line tool. A single installation enables users to perform stablecoin receiving, payments, and account reconciliation directly in the terminal. For receiving, one command sends a detailed invoice to any valid email address, supporting USDT or USDC, with no requirement for recipients to pre-register or establish a prior partnership. For payments, users only need to approve spending limits—including per-transaction caps, total budget, and validity period—once, after which the script can run unattended. Each payment creates and funds a Claim Link, so recipients don’t need to provide a wallet address; the process is idempotent, meaning failed tasks won’t result in duplicate payouts. Every command outputs JSON to standard output and returns 13 documented exit codes, letting scripts or AI agents automatically branch to handle results, eliminating the need for screenshots to verify pages. AllScale stated the CLI works in any environment that can run a shell, and it is now available on npm under the package name @allscale/cli.

Coinbase CEO Brian Armstrong stated in a post that regulatory clarity for the crypto sector appears to be coming via one of two paths. He outlined two possibilities: First, the U.S. Senate could secure more than 60 votes by September 15; second, the U.S. Commodity Futures Trading Commission (CFTC) and U.S. Securities and Exchange Commission (SEC) could introduce a new set of rules by September 16.

South Korean cryptocurrency exchange Upbit announced it will add trading support for the Curve (CRV) digital asset, open KRW (South Korean Won) and USDT trading markets on the Ethereum network, with trading set to launch at 13:00 on August 21.

According to HTX market data, driven by news that Upbit will list Curve (CRV) and add Korean won (KRW) and USDT trading pairs, CRV surged over 11% in a short period before pulling back. Its market capitalization rose to $521 million, with a 24-hour increase of 15.01%.