Dragonfly Co-Founder and Executive Struggle Goes Public: Both Sides Clash Over Company's Founding and Investment History

According to CCTV Finance, long-term Treasury yields in major global economies have continued to rise recently, intensifying selling pressure in bond markets. In contrast, China’s bond market and exchange rate have remained relatively stable, with the issuance scale of Panda Bonds hitting a new high for the same period in history. Data shows that as of August 21, the cumulative issuance of Panda Bonds in 2026 reached 209.975 billion yuan, with a year-on-year increase of over 73%. Against the backdrop of sharp fluctuations in global bond markets, international institutions ramping up onshore RMB financing has drawn attention. Industry insiders noted: “We are in a completely different economic and monetary cycle from overseas. Foreign capital accounts for only around 5%-8% of China’s bond market, with domestic capital holding absolute pricing power. Coupled with our monetary policy that adheres to a ‘focus on our own’ approach, overseas shocks cannot reverse the overall trend of China’s domestic bond market.” Looking ahead, industry insiders believe that overseas bond yields will likely remain highly volatile, highlighting the allocation value of RMB bonds, and foreign capital may continue to increase allocations in the medium to long term. However, it should also be noted that rising U.S. Treasury yields have raised the return threshold for global allocation funds, which may create certain disturbances to overseas institutions’ willingness to increase holdings of RMB bonds. In addition, the rapid rise in bond yields of overseas developed economies may also constrain the valuations of domestic risk assets.

On-chain data shows that Robinhood Chain's Total Value Locked (TVL) has exceeded $1 billion.

Canadian Prime Minister Mark Carney said that Canada’s tariff-related measures targeting the U.S. will take effect on September 8. (Jinshi)

Analysts say U.S. President Donald Trump is attempting to achieve a goal that tens of thousands of bombs and missiles failed to reach—forcing Iran to end the war on terms set by the U.S.—through a new round of sanctions, maritime blockades, and intensified economic pressure on Iran’s trading partners. However, this old approach of "forcing Iran to submit" has a fatal flaw: Iran’s Islamic Revolutionary Guard Corps (IRGC) has effectively controlled the Strait of Hormuz and repeatedly launched large numbers of attack drones toward the Persian Gulf. The IRGC is largely immune to economic pressure and holds ample retaliatory means. A key milestone for the U.S. campaign is Monday, when Treasury Secretary Scott Bessent will unveil details of a new plan. The plan aims to shift the conflict from mutual airstrikes in the Middle East to full economic isolation. However, if the new economic pressure actually takes effect, Iran will likely retaliate with military strikes targeting energy facilities along the Persian Gulf, seeking to drive up oil prices, raise the cost of U.S. operations, and force Trump to reverse course again.

Grayscale stated in a post that this week could mark a turning point for Bitcoin. Historical data shows Bitcoin typically bottoms after falling roughly 80% from its cycle peak. During the most recent bear market, Bitcoin has dropped around 50% from its cycle high to date, a smaller decline than in all prior cycles. The market has long debated whether Bitcoin would see a new downturn in the fourth quarter of 2026. While risks persist in the market, this week’s rally may signal that Bitcoin has formed a more solid bottom.

According to monitoring by Onchain Lens, the Kingdom of Bhutan has transferred 10.779 BTC (valued at approximately $835,000) to two newly generated addresses.