Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
On August 15, Charles Schwab stated in its 'Weekly Trader Market Outlook' that as of the time of writing, the Bitwise Top 10 Large Cap Crypto Index has fallen 3% since last Friday; Bitcoin has dropped 3% during the same period, while Ethereum is down 2%. Bitcoin continues to exhibit characteristics of a low-correlation asset, with limited impact on its price from the CPI and PPI data released this week. Last week, the U.S. Senate entered its summer recess without voting on the CLARITY Act. Although the final debate vote for the bill is scheduled for September 14, the probability of it passing before the midterm elections remains low.
On August 15, sources revealed that U.S. President Trump is expected to attend a White House meeting held by the newly established Innovation Committee on Wednesday. The committee consists of executives from the crypto industry as well as leaders from prediction markets and artificial intelligence companies. Sources indicated that the CEOs of companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket, and Kalshi are members of the U.S. CFTC Innovation Advisory Committee. Before attending the committee's first official meeting on Thursday, these crypto industry CEOs will gather at the White House for the meeting on Wednesday. Attendees learned that Trump plans to participate in this meeting. The meeting is expected to take place at the Eisenhower Executive Office Building next to the White House, aiming to initiate policy discussions on several key directions in the U.S. innovation sector. Sources also stated that CFTC Chairman Mike Selig and other policy advisors are expected to attend the meeting. One source further revealed that U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick may also be present. The White House spokesperson has not yet responded to requests for comments regarding the meeting arrangements.
On August 14, U.S. optical communication stocks collectively rose, with Applied Optoelectronics increasing by over 14%, AXT Inc and MaxLinear rising by over 7%, POET Technologies and Lumentum up by over 6%, and Lightwave Logic increasing by over 5%. Corning and Tower Semiconductor also saw gains of over 4%.
On August 14, Upbit operator Dunamu announced its Q2 2026 performance, reporting quarterly revenue of 173.5 billion won (approximately 123 million USD) and an operating profit of 23.5 billion won (approximately 16.65 million USD), representing declines of about 26% and 73% respectively compared to Q1. In the first quarter, Dunamu's revenue was 234.6 billion won (approximately 166 million USD) with an operating profit of 88 billion won (approximately 62.34 million USD). Dunamu stated that the decline in performance this quarter was primarily influenced by the overall contraction in liquidity in the global digital asset market, which weakened investor sentiment.
On August 14, Broadcom's stock fell more than 5% during trading; the Abu Dhabi Mubadala Investment Company completely divested its holdings in Broadcom.
According to Onchain Lens monitoring, BlackRock transferred 249.16 BTC, valued at approximately $15.65 million, and 301.76 ETH, valued at approximately $566,000, from its IBIT and ETHA wallets to Coinbase Prime three hours ago.
Lookonchain reported on platform X that on August 14, the Bitcoin ETF experienced a net outflow of 2,015 BTC, valued at $126 million; over the past seven days, the net outflow totaled 3,890 BTC, worth $243 million. The Ethereum ETF saw a net outflow of 277 ETH in a single day, valued at $517,100; however, over the past week, it recorded a net inflow of 22,900 ETH, worth $42.74 million.
Storage chip giant Micron Technology has announced the launch of the Micron Ventures Paradigm Fund, with a size of $250 million, aimed at investing in startups that drive the development of the next generation of artificial intelligence. This is the largest third fund since the establishment of Micron Ventures, increasing its total capital commitments to $550 million. The fund will cover the entire AI technology stack, including AI model architecture, computing infrastructure, enterprise applications, and physical AI. Micron stated that as AI evolves from generative models to systems with reasoning, action capabilities, and interaction with the real world, the demand for high-performance computing, memory, and storage technologies is changing. The Paradigm Fund aims to establish deeper collaborations with companies driving these technological transformations and to proactively position itself for future AI infrastructure needs. The fund focuses on four key areas: 1. Model Architecture: Promoting innovations in AI model architecture and data infrastructure that will influence future computing, memory, and storage demands; 2. Compute: Including memory computing, next-generation networking technologies, and data center efficiency optimization; 3. Enterprise Applications: Utilizing AI to transform complex industries, including semiconductor design and manufacturing; 4. Physical AI: Covering robotics and new forms of devices, extending AI capabilities into the real world. Micron Ventures previously launched Fund I in 2019 and Fund II in 2022, and the new fund will further strengthen the company's investment layout in the AI ecosystem. Micron believes that the AI era is still in its early stages, and future technological advancements will reshape the way industries operate, with memory and storage becoming key infrastructures supporting the development of the next generation of AI.
On August 14, the U.S. stock market saw further gains in the storage sector, with SanDisk and Seagate Technology rising over 7%, Phison Electronics and Western Digital increasing over 4%, and Micron Technology and SK Hynix climbing over 3%.
On August 14, South Korean media reported that SK Hynix significantly increased its equipment and R&D investments in the first half of this year to meet the growing demand for AI storage. Cash expenditures for acquiring tangible assets exceeded 18 trillion won, marking an increase of over 70% compared to the same period last year. According to SK Hynix's semi-annual report disclosed on the 14th, the cash expenditure for acquiring tangible assets was 18.3288 trillion won in the first half of this year, up 72.7% from 10.6157 trillion won in the same period last year. R&D spending also saw a substantial increase, totaling 6.0428 trillion won in the first half of this year, a 98.4% rise from 3.0456 trillion won last year. Of this, 5.8163 trillion won was allocated for ongoing development costs. With the increasing demand for AI-specific high-bandwidth memory (HBM), server DRAM, and enterprise-grade solid-state drives (SSD), SK Hynix is accelerating the expansion of its production facilities.
All Comments