According to BlockBeats, on August 29, Trump signed an executive order to initiate the process of creating the "American Space Academy," stating that the academy will serve the U.S. Space Force, NASA, and the civilian space industry, and will be modeled after military academies such as West Point and the U.S. Naval Academy, aiming to "attract, train, and graduate America's best talent."

Trump stated that the academy's location would be announced later and hinted that Texas Senator Ted Cruz had lobbied for it to be located in Texas. Trump also emphasized his space strategy, including creating a Space Force during his first term and a planned Mars mission in 2028, which would deploy a nuclear-powered Starship. (Jinshi)

According to BlockBeats, on August 29th, GMGN market data showed that the meme market continued to rotate around multi-chain hot topics, with Robinhood Chain, Solana, and BSC all seeing their stocks hit new all-time highs. Compared to the previous days when a single leading stock drove sentiment, today's funds were more inclined to switch between high-profile narratives and high-volume stocks, and short-term meme trading activity remained high.

On Robinhood Chain, Artificial Inu (AI) continued its upward surge, briefly hitting a new all-time high, with its market capitalization reaching approximately $123 million. The meme coin is currently priced at approximately $0.0946, with a market capitalization of approximately $93.9 million, representing a 24-hour increase of approximately 24.3% and a 24-hour trading volume of approximately $26.2 million.

In addition, PONS on Robinhood Chain also hit a new all-time high, with its market capitalization briefly reaching approximately $158 million. The Meme coin is currently priced at approximately $0.147, with a market capitalization of approximately $148 million, representing a 24-hour increase of approximately 29.4% and a 24-hour trading volume of approximately $15.3 million.

On the Solana network, Fone continues to maintain high trading activity, reaching a new all-time high with a peak market capitalization of approximately $38.7 million. The Meme coin is currently priced at approximately $0.0293, with a market capitalization of approximately $29 million, a 24-hour increase of approximately 7.6%, and a 24-hour trading volume of approximately $51.9 million.

Meanwhile, NEETs on Solana also broke their all-time high, with their market capitalization briefly reaching approximately $42 million. The NEET coin is currently priced at approximately $0.0413, with a market capitalization of approximately $41.3 million and a 24-hour trading volume of approximately $1.2 million. NEET stands for Not in Employment, Education, or Training, and its narrative revolves around the internet culture of NEETs (Not in Employment, Education, or Training).

On the BSC network, Lobster also hit a new all-time high, with its market capitalization once reaching approximately $65 million. The Meme coin is currently priced at approximately $0.0637, with a market capitalization of approximately $63.7 million, representing a 24-hour increase of approximately 87.3% and a 24-hour trading volume of approximately $8.1 million.

According to BlockBeats, on August 29, the U.S. Commodity Futures Trading Commission (CFTC) ordered former White House teleprompter operator Gabriel Perez to pay a $172,539 fine for illegally trading on a prediction market platform using advance access to Trump's speeches.

Under the settlement agreement reached with the CFTC, Perez was required to return $107,539.02 in illicit gains and pay a $65,000 civil penalty. He also agreed to a three-year trading ban and pledged to cease and not violate the Commodity Exchange Act and CFTC regulations.

The CFTC pointed out that Perez traded Trump "mention markets" contracts on the Kalshi platform during his tenure in the White House from December 2025 to February 2026. These contracts are event-based contracts, where payouts are determined by whether the president uses specific words or phrases in a speech.