President-themed cryptocurrencies posted broad gains on Aug. 20, according to HTX market data. TRUMP led the move with a gain of more than 26% over the past 24 hours, while MELANIA rose more than 13% in the same period. WLFI added 0.66% in 24 hours and was up more than 11% over the past seven days. The move came as Donald Trump released a cluster of crypto-positive messages earlier in the day. In the broader market, Bitcoin briefly climbed to $70,000, and Ether rose more than 19% over 24 hours. The figures cited in the report were attributed to HTX market data by BlockBeats.

Bitget market data showed TRUMP rising to an intraday high of 1.86 USDT this morning before easing to 1.77 USDT. The token was still up 25.07% over the past 24 hours.

Decrypt’s Morning Minute said Pump.fun’s PUMP token is showing its first golden cross since launch, with the 50-day EMA moving above the 200-day EMA after a prolonged downturn. The token fell to $0.001491 in July, traded as high as $0.003 intraday on Monday, and later changed hands near $0.002733. The report tied the move to improving business performance rather than price action alone. According to DefiLlama data cited in the piece, Pump.fun generated $11.52 million in revenue over the past seven days, ranking fourth among all crypto protocols behind Tether, Circle, and Canton. The newsletter also said annualized revenue stands at $458 million against a $1.09 billion market cap, while August 10 to 16 fees reached $10.74 million, up 7% week over week. Pump said Tuesday’s $1.73 million marked its strongest single revenue day since January 30. The article also highlighted Pump.fun’s buyback-and-burn structure, recent product changes including Callout Rewards and lower trading fees, plus broader market, macro, ETF, memecoin, token, and NFT developments covered in the daily roundup.

President Donald Trump is set to meet executives from crypto, prediction market and fintech firms on Aug. 19 at the Eisenhower Executive Office Building near the White House. The meeting is expected to include SEC Chair Paul Atkins and CFTC Chair Michael Selig, with Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick possibly attending. Bloomberg said the guest list includes Coinbase, Ripple, Chainlink, Andreessen Horowitz, Paradigm and Kalshi, while Kraken, Gemini, NYSE and Nasdaq have also reportedly been invited. The talks come as the CLARITY Act remains stalled in Congress. Galaxy Digital now puts the bill’s odds of becoming law this year at about 10%, while Polymarket traders price the chance at roughly 19%, down sharply from a Feb. 19 peak of about 82%. The legislation would create a federal digital asset market framework and divide oversight between the SEC and the CFTC. It has already cleared the Senate Banking Committee and passed the House, but negotiations have slowed over ethics limits, stablecoin yield and anti-illicit finance provisions. Democrats want stricter conflict-of-interest rules covering Trump, senior officials and their families, a sticking point that has turned the debate from technical regulation into political bargaining. A procedural vote is now expected on Sept. 15, and supporters need 60 votes to advance the bill in the Senate.

World Liberty Financial, the Trump family-backed crypto project known as WLFI, has delayed a token sale tied to a Maldives resort development, according to a Bloomberg report cited in the source material. The token had been planned for next year and was designed to let investors share in returns from a loan linked to a Trump-branded resort project. The sale was pushed back after the Iran conflict disrupted regional travel patterns and complicated flight connections used by visitors heading to the Maldives. The report says the product is part of WLFI’s push into real-world asset tokenization. In February, the project worked with Securitize to turn loan interests related to the resort development into a digital token tradable on-chain. The delay highlights a basic constraint in RWA structures: putting an asset on-chain does not remove exposure to off-chain operating conditions. In this case, pressure on tourism, air routes, and traveler confidence fed directly into expectations for resort income and, by extension, the appeal of the token itself. The source also notes that WLFI has previously signaled interest in tokenizing other assets, including oil and natural gas, while continuing to face scrutiny over the Trump family’s role in the project and broader political monetization concerns.

Pump.fun lost a large slice of the token-launch market in early July as a wave of launchpads on Robinhood Chain, led by NOXA and later Pons, pulled its weekly share down to 26.7%. Four weeks later, that share had climbed back above 50%, with pump.fun posting a 90-day high of $9.21 million in weekly fees for the week ended Aug. 11. The broader launchpad market expanded even faster than pump.fun lost ground, with total fees across 125 launchpads rising 77% to $75.39 million in the 30 days through Aug. 11, according to The Defiant’s calculations using DefiLlama data. Much of that growth came from Robinhood Chain, whose launchpad fees nearly matched Solana over the same 30-day window before cooling on a weekly basis. Pons became the largest new challenger, generating $19.80 million in 30-day fees across two versions, while Uniswap Labs entered the chain with pools.trade and a zero launchpad-fee model. Even so, the surge in launchpad activity has not translated into a broad recovery in memecoin prices: CoinGecko data cited by The Defiant shows the sector remains 83% below its December 2024 peak.

Ten months after Bitcoin topped in October 2025, debate around the four-year cycle has picked up again, with traders asking when the market may find a bottom and when capital can be deployed with less urgency. BlockBeats compiled a range of market views, and several of them cluster around the second half of the year, especially October. Veteran trader and chart analyst Peter Brandt said in late July that he expects Bitcoin to bottom on Oct. 4, 2026. He also argued that buying Bitcoin at current levels could deliver better returns over the next two to three years than investing in AI stocks, and projected the next cycle top in 2029 at $250,000 to $300,000. B.TOP founder Jiang Zhuoer, using data from the previous three Bitcoin halving cycles, predicted a bear-market floor of $44,016 on Oct. 31. Killa placed the bottoming window between July and September, while CryptoD said the broader crypto market is gradually nearing a bottom and that Q3 and Q4 may be the last period to build positions calmly before the next bull run. The October-bottom thesis also overlaps with a widely shared anonymous 4chan post from Dec. 12, 2023, which extrapolated prior cycle intervals. Still, the report noted that institutional capital may have altered Bitcoin’s cycle structure, making any straight-line comparison less reliable.

Bitcoin spot exchange-traded funds brought in about $854 million to $865 million last week, according to Decrypt’s Morning Minute newsletter, marking their strongest weekly inflow since May and the first notably large return of capital after an eight-week stretch of outflows through June and early July. Ethereum ETFs also had a solid week, with $244 million in net inflows, which the newsletter said was roughly equivalent to $1.25 billion in Bitcoin ETF buying on a market-cap-adjusted basis. The report linked the move to a softer macro backdrop. U.S. earnings were broadly positive last week, while the July jobs report came in well below expectations, showing a loss of 23,000 jobs versus forecasts for an 80,000 gain. Unemployment still edged down to 4.1%. After that data, the odds of a September rate hike dropped from 67% to 42%. Elsewhere, major crypto assets were mostly flat over the weekend but still 3% to 4% above last week’s levels, with BTC at $65,000 and ETH at $1,916. The newsletter also tracked gains in select altcoins, token and protocol activity, Robinhood Chain assets, and a mixed NFT market, while noting fresh developments around the Clarity Act, NYSE tokenization infrastructure, MARA’s Bitcoin sales and borrowing, and Grayscale’s withdrawn ETF filings.