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VIPBitget VIP Weekly Research InsightsMemecoins have been gaining traction in the current market cycle, consistently drawing attention and capital. Established projects are now backing Pump.fun, a token launch platform, leveraging their brand and community resources to issue memecoins, engaging new users, and unlocking fresh capital for business growth. Fueled by the memecoin buzz, ApeChain's APE token surged by over 100% in a single day, reaching a three-month high. Additionally, Yuga Labs' NFT collections have seen a long-awaited recovery. Recently, major platforms and wallets have also begun actively supporting ApeChain. As a leading team from the NFT era, ApeChain shows strong development potential.
- 23:47xAI Co-founder Challenges OpenAI: Achieving Multiple Leading Advantages with a Smaller TeamAccording to Jinse Finance, xAI co-founder Yuhuai Wu posted on the X platform early this morning, stating: "Seeing the release of GPT-5, I feel extremely proud of xAI. With a smaller team, we are ahead in many aspects. Grok4 is the world's first unified model and has outperformed GPT-5 in benchmarks such as ARC-AGI." He believes that OpenAI is a respectable competitor and still leads in many areas. "But we are moving fast and remain relentless. We will be sharing many new models in the coming weeks!" Shortly after, Musk reposted and commented, "Well done." (Jin10)
- 23:43ETH/BTC breaks through 0.03335, up 3.81% in 24 hoursAccording to Jinse Finance, market data shows that ETH/BTC has surpassed 0.03335, up 3.81% in the past 24 hours, currently trading at 0.03322, marking a new high since February this year.
- 23:37Overview of Key Overnight Developments on August 821:00 (UTC+8) - 7:00 Keywords: Paxos, Chainlink, Scenius Capital, Stephen Moore 1. Chainlink will use protocol revenue to build a LINK reserve; 2. Trump announces the nomination of Stephen Moore as a Federal Reserve Board member; 3. Sources: Waller emerges as a leading candidate for the new Federal Reserve Chair; 4. Trump signs executive order to halt the crypto industry's "de-banking"; 5. Paxos reaches a $48.5 million settlement agreement with New York financial regulators; 6. Trump signs executive order allowing 401(k) retirement plans to invest in cryptocurrencies; 7. Scenius Capital raises $20 million for a crypto venture capital fund; 8. The legal dispute between the SEC and Ripple officially ends, with the ruling that XRP is not a security taking final effect.