Crypto Market Overview

• BTC (-2.42% | Current Price: 110,025 USDT): BTC has seen continuous declines, falling below the 26-day moving average. Whale selling has shifted positions into ETH, adding strong selling pressure. However, institutional investors continue buying. The outlook remains uncertain, with attention on U.S. nonfarm payroll and CPI data, as well as subsequent Fed rate decisions. On Aug 25, BTC ETFs recorded $219M in inflows, including $63.4M into BlackRock’s IBIT and $65.6M into Fidelity’s FBTC.
• ETH (-5.92% | Current Price: 4,437 USDT): ETH surged to a new cycle high of $4,946 early on Aug 25 before retracing. After morning volatility, ETH stabilized in the $4,083–$4,299 range, showing strong buying support. It later tested $4,300, with bullish momentum emerging. A sustained breakout above $4,300 could drive a move toward $4,400 resistance, while failure may keep ETH consolidating between $4,100–$4,300. On Aug 25, ETH ETFs saw $443M inflows: $314M into BlackRock’s ETHA, $87.4M into FETH, $9.7M into ETHW, $5.6M into CETH, $2.2M into QETH, while ETHE had $29.2M outflows. Grayscale ETH recorded $53.3M inflows.
• Altcoins: Most major altcoins entered a downtrend. Market sentiment is “neutral” to “buy,” with the Fear & Greed Index at 48, indicating a cooling from prior overheating.
• Macro: On Aug 25, S&P 500 fell 0.43% to 6,439.32, Dow Jones dropped 0.77% to 45,282.47, and Nasdaq slipped 0.22% to 21,449.29. As of 10:50 AM (UTC+8), spot gold stood at $3,375.33/oz, up 0.29% in 24H.

Trending Tokens

FLOCK — Flock.io (+28.48%, Circulating Market Cap: USD 45M)

According to Gate.io data, FLOCK is trading at $0.427, up 28.48% in the past 24 hours. Flock.io is a decentralized AI model training and validation network that enables composable computing, data contribution, and training, breaking the “walled gardens” of major tech firms. The team includes researchers such as Oxford computer science PhDs and is backed by investors like DCG, Lightspeed Faction, Volt, Tagus, and OKX Ventures.

The surge was driven by two key factors: ~25% of tokens (43.1M) were locked for an average of 265 days, reducing supply, and the token’s spot listing on exchanges attracted new users and speculative demand. Users can also stake tokens to earn gmFLOCK as participation proof, boosting ecosystem activity. Optimism around FLOCK’s expanding AI computing alliance continues to lift market sentiment.

OMI — ECOMI (+94.21%, Circulating Market Cap: USD 121M)

OMI trades at $0.00042, up 94.21% in 24H. ECOMI, a Singapore-based tech firm, operates on the ORBIS blockchain, providing secure and efficient digital transactions. Its VeVe platform lets Web3 users buy, collect, and trade licensed digital collectibles.

The price jump followed VeVe’s new feature: starting Nov 19, 2025, users can convert OMI into Gems (USD-pegged) via StackR to purchase collectibles like digital figures and comics. This added utility boosted OMI’s adoption and trading momentum.

EDU — Open Campus (+16.39%, Circulating Market Cap: USD 42M)

EDU trades at $0.161, up 16.39% in 24H. Open Campus is a Web3 education protocol where teachers and creators tokenize educational content for ownership and revenue. Its mission is to recognize teachers’ contributions and provide learners worldwide with alternative education systems.

The price rally was fueled by the launch of Open Campus 3.0, which expands its ecosystem from Publisher NFTs to EDUChain collaboration and tokenized student loans as RWAs (~$4T market). These innovations enhance EDU’s real-world use cases and attract EdTech and blockchain investors, driving bullish sentiment.

Alpha Insights

Crypto Crash: $900M Long Liquidated, ETH & BTC Volatility Soars

This week, the cryptocurrency market experienced nearly $900 million in liquidations, mainly impacting over-leveraged Bitcoin and Ethereum long positions. Ethereum traders faced $320 million in forced liquidations, while Bitcoin accounted for $277 million. Solana, XRP, and Dogecoin also suffered additional losses. ETH fell from $4,700 to $4,400, while BTC dropped to around $110,200.

Volatility rose significantly, with BTC’s daily volatility jumping from 15% to 38% and ETH’s from 41% to 70%. A trader from Derive.xyz reported that the sharp swings appeared to be the result of excessive leverage, particularly after ETH’s recent rally combined with the overnight decline of the S&P 500, which placed broader pressure on risk assets. Traders are now closely watching key price levels and the potential for further market turmoil.

Circle, Strategy, and MARA Lead Declines in Crypto Stocks as Investors Take Profits After Rebound

On Monday, U.S. crypto-related stocks broadly declined. MARA Holdings (MARA) and Circle (CRCL) fell about 6% in early trading, Bullish (BLSH) dropped 5%, Strategy (MSTR) slid 3%, while eToro (ETOR) and Robinhood (HOOD) also saw pullbacks. The decline mainly reflected profit-taking following the sharp weekend drops in Bitcoin and Ethereum, which fell about 4% and 5.5% respectively in the past 24 hours.

Last Friday, Federal Reserve Chair Jerome Powell delivered dovish remarks, sparking a brief rebound that drove cryptocurrencies and equities sharply higher. However, investors later took a more cautious interpretation of his comments. Combined with a stronger U.S. dollar and weaker overall risk appetite, this led to Monday’s pullback in crypto stocks. Markets are also watching key macroeconomic data this week, including Nvidia’s earnings, U.S. GDP, jobless claims, and the core PCE index, all of which will continue to influence the trajectory of digital assets and related equities.

WebX 2025: Japan’s Largest Web3 Event Held in Tokyo, Gate CEO Han Lin Stresses Inevitable Mass Adoption of Web3

WebX 2025, Japan’s largest Web3 conference, was held on August 25–26 at The Prince Park Tower Tokyo. This is the third year of the conference, which attracted participation from over 1,000 companies and more than 100 exhibitors. The event was hosted by CoinPost, with notable speakers including Maelstrom CEO Arthur Hayes, SBI Holdings CEO Yoshitaka Kitao, and Tokyo Governor Yuriko Koike.

The event focused on blockchain, digital assets, and frontier technologies, highlighting four key aspects: high-level dialogues, global cooperation, business matchmaking, and innovation showcases. In addition, more than 150 side events were held across Tokyo during the conference period. In his keynote speech, Gate CEO Han Lin stated: “The next financial order will be built on-chain, and mass adoption of Web3 is inevitable.” He emphasized: “While others are still speculating, Gate is building the infrastructure for the future of finance.”

Gate Launchpool

New Token Sale Details

• Subscription Project: Alt.town
• Token Name: TOWN
• Subscription Period: Until September 2, 2025, 12:00 (UTC)
• Participation Method: Stake USDT or TOWN to claim rewards for free
• Total Airdrop Supply: 2,727,273 TOWN

Project Introduction

Alt.town is a next-generation Web3 platform focused on the value growth of virtual idols. By integrating blockchain technology, the platform empowers creators, fans, and brands, enabling digital ownership and data-driven fan engagement. The protocol is dedicated to building a sustainable and transparent fan economy, fostering fair participation, governance, and value sharing across the entire entertainment ecosystem.


References

• Gate, https://www.gate.com/trade/BTC_USDT
• Farside Investors, https://farside.co.uk/btc/
• Gate, https://www.gate.com/trade/ETH_USDT
• Farside Investors, https://farside.co.uk/eth/
• Gate, https://www.gate.com/crypto-market-data
• Investing, https://investing.com/indices/usa-indices
• Investing, https://investing.com/currencies/xau-usd
• CoinGecko, https://www.coingecko.com/categories
• Panews, https://www.panewslab.com/articles/796690bd-e1c7-4670-b17e-283d0a1e031d
• Coindesk, https://www.coindesk.com/markets/2025/08/26/ether-dogecoin-bitcoin-plunge-sees-usd900m-in-bullish-bets-liquidated
• Gate, https://www.gate.com/launchpool/TOWN?pid=363

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

Disclaimer
Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.