叮噹-Doraemon

Against the backdrop of the continued surge in demand for AI computing power, the latest quarterly results released by $NVIDIA (NVDA.US)$ once again prove—with figures far exceeding market expectations—that it holds an unshakable dominant position in the AI chip sector. What has shocked Wall Street even more is that the company’s full-year revenue guidance for fiscal year 2028 is nearly $200 billion higher than market consensus. This directly drove the stock price up more than 7% in early trading today and led multiple analysts to raise their target prices.
Financial performance
- Second-quarter revenue hit a record high of $96 billion, up more than 100% year over year, with growth accelerating for the fourth consecutive quarter

August 27, at Bitcoin Asia 2026 in Hong Kong, CZ said: It doesn’t take 25 years for Bitcoin to reach $1 million—it will happen faster. What’s most lacking today is practical implementation and real-world deployment, especially large-scale payments, as well as becoming a reserve asset for retirement pension funds. He believes Bitcoin will eventually be more important than gold. The current market-cap gap is only about tenfold, and the next bull market could potentially close that gap. He said the shift by major countries takes time because gold holdings and valuation mechanisms are already well established, but the direction is clear. Another very small possibility is that some better digital currency could surpass gold ahead of Bitcoin surpassing gold, but he thinks the probability is low.

AI News Flash: At Hot Chips, IBM unveiled a new-generation dual-architecture host processor. For the first time, a single chip can natively run both IBM host instruction sets and Arm instruction sets, enabling nanoscale-speed switching between the two architectures without simulation or conversion.
Key highlights of the core:
① Dual-architecture on one die: each processor core can natively execute both IBM Z and Arm instructions, enabling nanoscale switching. No separate heterogeneous cores or traditional simulation methods are used.
② Top-tier process and performance: built using an advanced 2-nanometer manufacturing process, with a clock speed exceeding 5.7GHz. Includes an AI inference accelerator and a large on-chip cache.

Bitcoin has returned to $80,000. Among the crypto-related stocks that generally rose, Coinbase bucked the trend and fell 1.1%—the most unusual detail in this round of trading.
As a pure trading platform, Coinbase’s revenue directly depends on retail and institutional trading activity.
Companies on the asset side such as Strategy and BitMine profit directly from Bitcoin’s appreciation itself. The divergence suggests the market has consensus that "the BTC price will continue to rise," but lacks confidence in "trading volume continuing to expand."
On August 17, a news flash reported that Strategy did not add to its holdings last week; instead, it sold $334 million worth of shares, and its cash reserves rose to $4.8 billion. Holding huge amounts of cash without chasing the price tells a more fitting story for the current phase than MicroStrategy’s older narrative of continuous buying.

Maybe the following views will be attacked and criticized, but I still want to share my own perspective.
For this rebound, I still believe it isn’t the start of a new bull market!
It’s more like:
A rapid rebound driven together by policy tailwinds + short-covering + local squeeze.
Many people may have forgotten that the UK still holds about 61,000 BTC; how it will ultimately be handled still depends on the judicial process.
The market always ignores potential risks at the most optimistic moment.
Why do I make this judgment?
First, regulatory support has improved market sentiment:

On August 23, according to HTX market data, U.S. presidential candidate-themed coins continued to rise steadily.
Of which: TRUMP rose more than 22.4% over 24 hours, breaking through $2.9; MELANIA rose more than 10.53% over 24 hours, with its market cap surpassing $117 million.
TRUMP logged double-digit gains for three consecutive days: it jumped more than 35% on August 22, and continued to rise more than 22% on August 23, breaking through $2.9.
MELANIA followed suit, rising more than 10%, with its market cap returning to $117 million.
A continuous push higher, along with synchronized gains from WLFI, means this is no longer just a simple rotation of meme sentiment—it’s a collective repricing around a narrative tied to Trump’s political cycle (the election is approaching).

August 23, 41-year-old Josh Kushner (the brother of Jared Kushner, Trump’s son-in-law) has an estimated net worth of $16.7 billion, more than doubling from $5.2 billion a year ago. The surge is mainly driven by the expansion of his venture capital firm, Thrive Capital, whose assets jumped from $23 billion at the end of 2024 to $65 billion. Historically, Thrive Capital has invested in star companies including Instagram, Spotify, OpenAI, SpaceX, Databricks, and Anduril. After SpaceX went public, Thrive’s stake was reportedly worth $10 billion. The firm also owns 7% of the AI programming company Cursor, which was acquired by Nvidia at a valuation of $12.6 billion—making that stake worth $4.2 billion. The company’s latest flagship fund, Thrive X, completed fundraising in March with a size of more than $10 billion. In a letter to investors, Kushner revealed that Thrive funds have delivered an average annual return of 33%. Over the same period, the S&P 500 delivered an annualized return of about 14%, while the Nasdaq was about 17%. In the past 12 months alone, Thrive has generated more than $1 billion in liquidity, and it expects that over the next few quarters there could be additional liquidity running into the billions of dollars, with a significant portion coming from the potential IPO of OpenAI next year, which could be valued at over $1 trillion.

On August 22, in an interview, ARK Invest founder Cathie Wood said, “Bitcoin is preparing for another major surge, and I believe Bitcoin will ultimately reach $1.5 million.”
Cathie Wood has continued to insist on a $1.5 million target price for Bitcoin, even though most people at the time believed she had already “lost her mind.”
The core of this ARK Invest founder’s bullish Bitcoin thesis
Mainly based on three pillars:
Institutional adoption, a fixed supply, and Bitcoin gradually becoming a true digital store of value.

Apple’s hardware chief John Ternus will take over as CEO this September from Tim Cook. Under the Tim Cook era, Apple was known for its scale and execution strength, but in the AI arms race it has seemed overly conservative. With the baton handoff in September, Wall Street is betting on whether the new boss can lead the world’s second-largest company through a truly meaningful strategic transformation.
Bank of America analyst Wamsi Mohan, in a recent research note, raised a key question: “Can Apple transition from an era driven by scale and execution to a new era driven by AI innovation?” This question has directly sparked market imagination about Apple’s future strategic direction.

Yesterday’s rally in BTC, ETH, and SOL was absolutely not simply because of the U.S. SEC’s crypto regulatory proposal:
Last night, the U.S. SEC rolled out a new proposal for crypto regulation (Regulation Crypto Assets).
“You violated the rules, I will punish you”; and now it has shifted to, “I’m telling you the rules—follow them as the rules develop.”
The biggest factor is: extreme short positions + a market liquidity freeze point.
Liquidation profits far exceed the cost of a pump!
Favorable policy expectations + passive buying pressure from derivatives liquidations + a reversal in market sentiment
Jointly promote
Data shows that when BTC broke above around $69,000, within a short period there were short liquidations on the scale of over $1 billion. The shorts were forced to cover, becoming an important fuel for the rise.