Track market-moving stories before they get noisy

Renowned trader Bonk Guy posted that his portfolio on Fomo has pulled back roughly $9 million from its peak in less than a week. Last week, the portfolio hit a high of over $28.5 million, and today it dropped to a low of $19 million — a side of trading no one likes to discuss. Everyone loves showing off winning trades; I went from almost nothing to over $28 million in just a few months. But no one wants to share what happens when your portfolio loses $9 million in a matter of days. However, to build generational wealth through trading, you have to weather this kind of volatility. To move upward, you have to survive the drawdowns. I’m completely unfazed by this pullback. I’m very confident my portfolio will hit new highs, then reach $50 million, and keep climbing. The wins are real, the drawdowns are real, the volatility is real — and I’m still in the game.

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A trader opened a $2,600 position in the PONS token on its launch day, and has now made over $1.15 million in profit.

According to Arkham’s monitoring, trader David (username @heylittlechef) bought a total of $2,600 worth of PONS on the token’s launch day, when PONS had a market capitalization of $1.607 million. Roughly two months later, PONS surged around 500 times. David has cashed out $77,400 worth of PONS and still holds $1.08 million worth of the token.

2 minutes ago

Asia’s computing power demand surges, Zankore secures $3.1 billion in GPU financing.

According to US media reports, Indonesian AI infrastructure platform Zankore, with backing from NVIDIA, signed a $3.1 billion loan agreement on Wednesday to purchase advanced chips, highlighting Asia’s surging demand for computing power. According to a statement from Zankore, Citigroup, ING, Natixis, Qatar National Bank, and United Overseas Bank underwrote the loan, making it one of the largest AI infrastructure financings in Asia. Citigroup served as the exclusive debt advisor for the transaction. GPU financing is emerging as the next frontier for AI lenders, with banks and private credit shifting focus beyond data centers to the hardware that powers them. In Asia, bank-led transactions have been scarce due to uncertainty over chip residual values and geopolitical risks stemming from US-China tech competition.

2 minutes ago

Analyst: Bitcoin inflows to CEXs remain at recent normal levels, with no significant sell-off pressure signals emerging during the current rebound.

CryptoQuant analyst Woominkyu noted in a post that Bitcoin closed at $78,450 on September 8, after a sustained rebound from around $60,000 in early summer this year. However, there has been no corresponding significant increase in large inflows to spot trading platforms. On September 8, the top ten large inflows to spot trading platforms totaled 5,442 BTC. While this figure is 4.4 times higher than the previous day, it is only 5.1% above the 30-day average. Meanwhile, the 7-day average inflow over the past week stood at 4,678 BTC, still below multiple highs seen earlier this year. Looking at longer-term charts, this Bitcoin price rebound has not been accompanied by unusually high levels of large BTC deposits to trading platforms. This indicates, to some extent, that there is currently no clear evidence that potential sustained selling pressure is rising significantly due to large transfers. The key signal to watch next is: if Bitcoin price weakens while the 7-day average inflow to trading platforms continues to rise, it could mean growing potential selling pressure. For now, the rebound in platform deposits on September 8 appears to be a return to recent normal levels, rather than an abnormal large-scale capital inflow.

2 minutes ago

Google’s AI command center is tucked away in a break room, with Brin bypassing approvals to directly allocate resources.

Insight Beating AI News: Business Insider interviewed eight current and former Google employees, uncovering that Gemini’s de facto command center is a pantry on the second floor of Google’s Mountain View headquarters. Once home only to a coffee machine, fridge, and snacks, the space now features a ring of desks. Core members including Google co-founder Sergey Brin, Google DeepMind head Koray Kavukcuoglu, and Google CEO Sundar Pichai—who visits several times weekly—regularly work here, with employees referring to it informally as “Sergey’s Mini Kitchen.” Brin, who holds no formal management role, can bypass Google’s complex approval processes in his capacity as a founder. For the Gemini team, applying for chips like TPUs via standard channels requires submitting paperwork and securing senior-level sign-off; approaching Brin at the pantry offers a far more direct route. Brin also directly weighs in on discussions about model scale, release timelines, and AGI roadmapping, and Gemini’s programming task force has set up desks adjacent to his. A former employee described Brin’s approach as running Gemini like a startup. This year, Brin pushed to use software to record the programming workflows of some Google employees, with the data leveraged for reinforcement learning to boost Gemini’s coding capabilities. Last year, he directly halted Jeff Dean’s Frozen chip project, which was later revived as Frozen v2.

2 minutes ago

Three months after stepping down as CEO of DingTalk, reports say Chen Hang, who goes by the nickname Wu Zhao, has joined Qianwen Office.

Beating AI Express (Dongcha) – An internal Alibaba contact list screenshot shows that Chen Hang, founder and former CEO of DingTalk (nickname "Wuzhao"), is currently affiliated with the "Qianwen Office" under the ATH Business Group. Chen Hang stepped down as DingTalk CEO in June this year, with Chen Yusen succeeding him. Alibaba subsequently merged the enterprise-level Agent "Wukong" led by Chen Hang, along with QoderWork and MuleRun, into Qianwen Office. The Qianwen Office Business Division, overseen by Chen Yusen, manages both Qianwen Office and DingTalk. Qianwen Office launched its public beta in early August, and within a month of its launch, its user count has surpassed 30 million, with enterprise users making up more than half.

2 minutes ago

Bitcoin wallet Alby confirms vulnerabilities in its older versions, urges users to update immediately.

According to official statements, Alby, a Bitcoin Lightning Network wallet and infrastructure provider, has confirmed a critical vulnerability in older versions of its Alby Hub software. The flaw could allow attackers to gain unauthorized access and transfer funds. Alby noted that one user is known to have been affected, and urged users running vulnerable, publicly accessible versions to update immediately.

2 minutes ago

Prominent crypto trader Bonk Guy stated in a post that he has been claiming for months that the current USELESS token bears a striking resemblance to PEPE ahead of its 2023 rally. The trading structure, position expansion, early relative strength, market timing, and the fact that it rallied independently first are nearly identical. He didn’t even compare charts beforehand, yet USELESS’ price action is almost a carbon copy of PEPE’s pre-rally run-up in 2023. It’s no surprise to him that some people were bearish when USELESS had a $50 million market cap, then chased the rally when it hit $200 million, and he suspects more will wait until it tops $1 billion to buy. Crypto markets have a peculiar quirk: the higher an asset rises, the more investors see it as a better buy. History doesn’t repeat itself exactly, but it often rhymes—and right now, that rhyme is growing louder. Earlier, Upbit announced it will list USELESS trading pairs against BTC and USDT.

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A trader opened a $2,600 position in the PONS token on its launch day, and has now made over $1.15 million in profit.

According to Arkham’s monitoring, trader David (username @heylittlechef) bought a total of $2,600 worth of PONS on the token’s launch day, when PONS had a market capitalization of $1.607 million. Roughly two months later, PONS surged around 500 times. David has cashed out $77,400 worth of PONS and still holds $1.08 million worth of the token.

2 minutes ago

Asia’s computing power demand surges, Zankore secures $3.1 billion in GPU financing.

According to US media reports, Indonesian AI infrastructure platform Zankore, with backing from NVIDIA, signed a $3.1 billion loan agreement on Wednesday to purchase advanced chips, highlighting Asia’s surging demand for computing power. According to a statement from Zankore, Citigroup, ING, Natixis, Qatar National Bank, and United Overseas Bank underwrote the loan, making it one of the largest AI infrastructure financings in Asia. Citigroup served as the exclusive debt advisor for the transaction. GPU financing is emerging as the next frontier for AI lenders, with banks and private credit shifting focus beyond data centers to the hardware that powers them. In Asia, bank-led transactions have been scarce due to uncertainty over chip residual values and geopolitical risks stemming from US-China tech competition.

2 minutes ago

Analyst: Bitcoin inflows to CEXs remain at recent normal levels, with no significant sell-off pressure signals emerging during the current rebound.

CryptoQuant analyst Woominkyu noted in a post that Bitcoin closed at $78,450 on September 8, after a sustained rebound from around $60,000 in early summer this year. However, there has been no corresponding significant increase in large inflows to spot trading platforms. On September 8, the top ten large inflows to spot trading platforms totaled 5,442 BTC. While this figure is 4.4 times higher than the previous day, it is only 5.1% above the 30-day average. Meanwhile, the 7-day average inflow over the past week stood at 4,678 BTC, still below multiple highs seen earlier this year. Looking at longer-term charts, this Bitcoin price rebound has not been accompanied by unusually high levels of large BTC deposits to trading platforms. This indicates, to some extent, that there is currently no clear evidence that potential sustained selling pressure is rising significantly due to large transfers. The key signal to watch next is: if Bitcoin price weakens while the 7-day average inflow to trading platforms continues to rise, it could mean growing potential selling pressure. For now, the rebound in platform deposits on September 8 appears to be a return to recent normal levels, rather than an abnormal large-scale capital inflow.

2 minutes ago

Google’s AI command center is tucked away in a break room, with Brin bypassing approvals to directly allocate resources.

Insight Beating AI News: Business Insider interviewed eight current and former Google employees, uncovering that Gemini’s de facto command center is a pantry on the second floor of Google’s Mountain View headquarters. Once home only to a coffee machine, fridge, and snacks, the space now features a ring of desks. Core members including Google co-founder Sergey Brin, Google DeepMind head Koray Kavukcuoglu, and Google CEO Sundar Pichai—who visits several times weekly—regularly work here, with employees referring to it informally as “Sergey’s Mini Kitchen.” Brin, who holds no formal management role, can bypass Google’s complex approval processes in his capacity as a founder. For the Gemini team, applying for chips like TPUs via standard channels requires submitting paperwork and securing senior-level sign-off; approaching Brin at the pantry offers a far more direct route. Brin also directly weighs in on discussions about model scale, release timelines, and AGI roadmapping, and Gemini’s programming task force has set up desks adjacent to his. A former employee described Brin’s approach as running Gemini like a startup. This year, Brin pushed to use software to record the programming workflows of some Google employees, with the data leveraged for reinforcement learning to boost Gemini’s coding capabilities. Last year, he directly halted Jeff Dean’s Frozen chip project, which was later revived as Frozen v2.

2 minutes ago

Three months after stepping down as CEO of DingTalk, reports say Chen Hang, who goes by the nickname Wu Zhao, has joined Qianwen Office.

Beating AI Express (Dongcha) – An internal Alibaba contact list screenshot shows that Chen Hang, founder and former CEO of DingTalk (nickname "Wuzhao"), is currently affiliated with the "Qianwen Office" under the ATH Business Group. Chen Hang stepped down as DingTalk CEO in June this year, with Chen Yusen succeeding him. Alibaba subsequently merged the enterprise-level Agent "Wukong" led by Chen Hang, along with QoderWork and MuleRun, into Qianwen Office. The Qianwen Office Business Division, overseen by Chen Yusen, manages both Qianwen Office and DingTalk. Qianwen Office launched its public beta in early August, and within a month of its launch, its user count has surpassed 30 million, with enterprise users making up more than half.

2 minutes ago

Bitcoin wallet Alby confirms vulnerabilities in its older versions, urges users to update immediately.

According to official statements, Alby, a Bitcoin Lightning Network wallet and infrastructure provider, has confirmed a critical vulnerability in older versions of its Alby Hub software. The flaw could allow attackers to gain unauthorized access and transfer funds. Alby noted that one user is known to have been affected, and urged users running vulnerable, publicly accessible versions to update immediately.

2 minutes ago

PANews, September 8 - Trader Bonk Guy posted on X platform, stating that PONS's revenue has been growing recently. PONS's daily revenue over the past week has mostly been between $1.3 million and over $2 million, with no day falling below $1.1 million in the last seven days. Meanwhile, PONS's buyback wallet has accumulated nearly $3 million in funds, which are used to continuously repurchase PONS via TWAP, and the replenishment rate of fee income currently outpaces the consumption rate of buyback funds.

Bonk Guy noted that approximately 30% of PONS's token supply has been repurchased and burned through fees. Therefore, at the current price of $0.736, its actual circulating market cap is about $515 million, rather than the approximately $736 million calculated by FDV. Additionally, PONS's market share on the Robinhood Chain recently hit an all-time high of 80%, maintaining between 75% and 80% for most of the past week. Last Saturday, the number of tokens launched in a single day reached 28,560, and in the past 24 hours, there were still about 27,600 tokens launched. Bonk Guy believes that despite the cooling hype around the Robinhood Chain, PONS's market share, token issuance, and revenue continue to rise, indicating a further consolidation of its dominant position in the on-chain launchpad sector.

33 minutes ago

Prominent trader Bonk Guy posted that MARSCOIN’s recent price action appears to be market makers deliberately creating conditions to entice a large number of traders to go short, before potentially triggering a sudden, rapid rally of over 100% in a single day. Over the past few days, he has deliberately avoided discussing or publicly expressing bullish views on MARSCOIN, hoping market makers will continue executing this scheme as planned: “Let them keep brewing this.”

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US stocks opened, with the three major indices showing mixed performance.

According to market data from BIT (bit.com), U.S. stocks opened with the Dow Jones Industrial Average down 0.7%, the S&P 500 index slipping 0.1%, and the Nasdaq rising 0.08%. Qualcomm (QCOM.O) gained 5% after it struck a multi-generational product cooperation deal with Amazon (AMZN.O). Intel (INTC.O) climbed 6% amid reports that its CPUs will see another 10% price hike. ASML (ASML.O) added 3.8%, while TSMC (TSM.N) rose 2.4% as the two companies launched a high-numerical-aperture EUV photomask partnership.

8 minutes ago

Robinhood Chain’s mainnet has been live for 70 days, with total on-chain revenue reaching $42.58 million.

According to Yuqing Monitoring, Robinhood Chain has been live on its mainnet for 70 days, with total chain revenue reaching $42.58 million (17,171 ETH), averaging $608,000 per day. Robinhood takes 90% of the revenue, equivalent to 15,454 ETH (approximately $38.32 million). As the technical provider, Arbitrum collects a 10% cut, amounting to 1,716 ETH (roughly $4.26 million).

8 minutes ago

It is reported that DeepSeek will expand its team to 1,000 people this year, after announcing a full doubling of its entire workforce just two months ago.

Dongcha Beating AI Express: A frontline institutional investor revealed that AI firm DeepSeek targets expanding its team to around 1,000 people this year. DeepSeek has not publicly confirmed the figure, but the expansion has already begun. In June, the company announced all departments would at least double in size, and this week, it opened roughly 150 backend and Agent infrastructure job positions at once. This round of expansion is no longer focused solely on model research; the latest recruitment covers large model research platforms, Agent frameworks, APIs, online services, data engineering, and elastic computing. Cui Tianyi, head of the Harness team, noted that data, computing resources, training and evaluation tasks, Agent environments, and user requests are growing rapidly, requiring continuous upgrades or even full rewrites of the original backend systems.

8 minutes ago

Qualcomm up nearly 10% in pre-market trading, reaches multi-generation product cooperation deal with Amazon.

According to market data from BIT (bit.com), Qualcomm (QCOM.O) saw its pre-market shares jump nearly 10% after the chipmaker today announced a multi-generational collaboration agreement with Amazon, aimed at mass-producing customized chips for large-scale AI data centers. The two parties will jointly advance AI inference technology. Qualcomm is offering Amazon warrants for up to 25 million shares. Additionally, Qualcomm and Amazon are developing optical interconnect solutions with a transmission rate of up to 1.6T.

8 minutes ago

Qualcomm and Amazon strike a multi-generational partnership to jointly develop custom chips for AI data centers.

Qualcomm (QCOM.O) announced today a multi-generational partnership with Amazon (AMZN.O) to provide customized chips for large-scale AI data centers and jointly advance AI inference. The two sides are also collaborating on developing optical interconnect solutions with speeds up to 1.6T and for future generations. Qualcomm plans to deepen its use of AWS AI infrastructure (including Amazon Bedrock) for electronic design automation (EDA) workloads, with the goal of shortening chip design cycles. Cristiano Amon, president and CEO of Qualcomm, stated that amid accelerating AI demand, data center infrastructure needs breakthroughs in both computing and connectivity, adding that Qualcomm is pleased to partner with AWS on customized chips and connectivity solutions. Prasad Kalyanaraman, vice president of AWS, said the collaboration builds on a strong partnership, with both sides working together to deliver more efficient and cost-effective infrastructure for customers.

8 minutes ago

Whale closes BTC short positions again, loses $114,000 after going long on 20,000 ETH ahead of sharp price surge.

According to on-chain analyst Ai Yi (Twitter handle @ai_9684xtpa), a whale that went long 20,000 ETH with 4x leverage ahead of a sharp price rally has closed out its BTC short position, cutting losses at just under $114,000 after holding the position for less than seven hours. The address has previously closed two prior BTC short positions at a loss, bringing total losses across three BTC shorts to $547,000. Its ETH long position currently holds an unrealized profit of $10.71 million.

8 minutes ago

Bonk (BONK) is edging lower and trading at $0.00000318 on Monday, weighed down by a broader cryptocurrency market correction. The meme coin was rejected around $0.00000367 the day before, cutting short a recovery attempt. If support at $0.00000300 holds, the meme coin could stabilize ahead of another recovery attempt.

Upbit to delist BONK citing user protection risksUpbit, one of South Korea’s leading crypto exchanges, announced it will remove BONK from its tradable asset list on Monday, including the trading pairs BONK/KRW and BONK/USDT. In a press release, the exchange said the delisting follows its “Digital Asset Trading Support Termination Policy,” which flagged multiple shortcomings and the risk of user harm.

Upbit said its evaluation revealed several risks and incidents, including unexplained security breaches such as hacking, and that the digital asset’s wallet and the distribution ledger used to issue and store the token remained unresolved. BONK was flagged as a cautionary trading item on July 7, but the exchange’s concerns were not resolved as per its termination policy.

Investors will no longer be able to trade the asset as of Monday, but withdrawals will be supported until October 7. Deposits will remain suspended; therefore, investors have been cautioned against sending funds to the platform.

Upbit has also designated Mantra (MANTRA) and related pairs as a cautionary trading item, temporarily suspending deposits and withdrawals.

Technical analysis: BONK slides toward short-term supportBONK is correcting lower, trading around $0.00000318. The meme coin is down over 7% on the day and appears poised to test the key support at $0.00000300. Meanwhile, the descending trendline provides short-term support that, if defended, could support BONK’s recovery outlook.

BONK/USDT daily chartMomentum remains mixed, as the Relative Strength Index (RSI) at 55 falls toward the midline, suggesting that bears are tightening their grip. With the Moving Average Convergence Divergence (MACD) holding above its signal line and the histogram staying positive, momentum leans toward a constructive bias rather than a full-fledged correction. On the upside, a recovery above supply at $0.00000367 would open the door to gains targeting highs beyond $0.00000400.

Bitcoin, altcoins, stablecoins FAQs Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.

Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.

Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.

Bitcoin dominance is the ratio of Bitcoin's market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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6 hours ago

Trader Bonk Guy’s portfolio has hit a new all-time high of $27 million, with $20.83 million in gains over the past 30 days, making him the first trader on the Fomo platform to reach a $27 million portfolio. Bonk Guy is also the platform’s all-time top trader, posting $5.34 million in unrealized gains in the last 24 hours and $17.14 million in unrealized gains over the past seven days. The trader has previously emphasized that none of his trades or successes are his own doing, crediting all to God. Tokens PONS, USELESS, and MARSCOIN have contributed the majority of his unrealized gains. Bonk Guy initially purchased 10.9 million PONS tokens for $67,700; the holding is now worth over $10.27 million, delivering a 150x return on investment.

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Bonk [BONK] has rallied 20.5% since Monday, the 31st of August. Measured from the swing low at $0.00000222 made on the 13th of August, BONK is up 51.8%.

This rally has also breached a descending trendline resistance that stretched back to May. The memecoin has had a bearish higher timeframe price structure since February 2025, when it fell below the $0.000015 swing low.

The breach of the trendline resistance and the steady gains of the past three weeks were a welcome change for the BONK bulls. Yet the memecoin is still down 91.7% from its high of $0.00004075 in July 2025.

Are the recent gains a turnaround in the long-term trend, or only a minor bounce that holders should use to exit the market?

A tough path ahead for BONK bulls In the past 24 hours, BONK has rallied just over 6%. Its daily trading volume is up by 50%, though the weekend has settled over the crypto market.

Source: BONK/USDT on TradingView The Bitcoin [BTC] price dip below $80k on Friday did little to halt the memecoin’s demand. BONK managed to clear the trendline resistance (green) and was also past the lower high at $0.00000318, made in July.

The CMF was at +0.13 to signal sizeable capital inflows into the memecoin’s market.

Coupled with steady demand was the steady upward momentum. The RSI rebounded off neutral 50 and was climbing higher alongside prices.

Traders’ call to action- Stay bullish Source: BONK/USDT on TradingView In the past two weeks of trading, a range formation has developed (purple) that reached from $0.00000284-$0.00000338. If the range’s upper extreme can be flipped to support, it would signal another bullish BONK price move.

Source: CoinGlass The liquidation heatmap highlighted the cluster of short liquidations from $0.0000037-$0.0000041. If there is sufficient demand for the memecoin, it could climb above this magnetic zone.

However, if BTC sees a momentum shift, BONK might tap these liquidity pockets and face rejection. Hence, traders must watch how the altcoin reacts at the range high, and also within the $0.0000040 magnetic pocket, to understand if the bullish trend can continue.

Final Summary BONK has made sizeable gains in the past three weeks, and showed early signs of a bullish structure shift. The selling pressure in recent months was beginning to be unmade, but the current momentum depends on Bitcoin too.

6 hours ago

Well-known crypto KOL Bonk Guy called out Binance CEO CZ on X, urging him to fulfill the "buy/sell meme coin" commitment he referenced on July 30. Bonk Guy specifically highlighted MarsCoin, which just launched on Binance’s spot market, calling it a strong candidate. Notably, Bonk Guy holds MarsCoin worth $4.6 million in his public wallet address, having purchased $984,000 worth of the token at an average price when MarsCoin’s market cap stood at $38.9 million. Yesterday, Binance co-founder He Yi followed Bonk Guy on X, triggering widespread discussion in the crypto community.

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This week's top 5 most-watched stocks among users: Strategy adds to its Bitcoin holdings again after a two-month hiatus, lifting crypto-related stocks.

This week’s top 5 most-watched stocks among users are MSTR, CRCL, DELL, AMC, and FAMI, with market focus covering sectors including Bitcoin (BTC) treasuries, stablecoins, AI servers, and cinemas. Among them, Strategy resumed its Bitcoin accumulation after two months, with MSTR and CRCL both rising over 8% this week. Dell gained around 13.24% driven by strong AI server orders and growing backlog demand; in contrast, AMC trended lower amid swings between box office recovery expectations and high short positions, while FAMI surged on heavy volume before retreating, with sharp short-term volatility. MSTR (up ~8.94% this week): Strategy disclosed it purchased 4,603 BTC for ~$369.7 million this week, marking its second Bitcoin buy in two months. Following Bitcoin’s rebound on rate cut expectations, MSTR, a proxy for Bitcoin leverage, regained investor interest. CRCL (up ~8.04% this week): As Federal Reserve officials revisited digital asset and stablecoin regulatory frameworks, Circle rallied alongside broader crypto stocks. CRCL’s sharp rise was supported by USDC supply growth and policy expectations. DELL (up ~13.24% this week): Dell’s financial report showed strong AI server orders and backlog demand, prompting the company to raise its full-year outlook. The data center hardware sector was revalued, driving two consecutive days of sharp gains in Dell’s stock. AMC (down ~3.79% this week): Cinema stocks swung between box office recovery hopes and high short positions, leading to volatile declines. AMC saw active trading this week but lacked strong catalysts, resulting in a downward trend. FAMI (up ~0.41% this week): Farmmi saw abnormal trading volume this week, surging at one point on September 2 before quickly retreating. Low-priced Chinese concept stocks were driven by liquidity, leading to significantly amplified short-term volatility.

10 minutes ago

Ant Bailing Finance Model Officially Open-Sourced Under MIT License, 123 Financial Search Questions Also Released

News Flash from Dong察 Beating AI: Ant Group has officially open-sourced its financial model Ling-3.0-flash-Fin. The model boasts 124 billion total parameters, 5.1 billion active parameters, and supports a 256K context window. The officially released BF16 weights are approximately 255GB, licensed under MIT, and can be self-deployed using vLLM and SGLang. Alongside the model, the financial search benchmark FinFIRST has also been open-sourced. Developed by Ant Group with professional support from CICC’s Investment Banking team, over 50 financial professionals participated in question design and validation. Only 9.78% of candidate questions passed screening, leaving 123 questions total: 61.8% require calculations, and 32.5% demand cross-referencing multiple sources. Each question is broken into multiple scoring dimensions, assessing whether the AI correctly identifies data, uses appropriate sources, verifies timelines and statistical standards, and delivers accurate calculation results. The entire dataset includes 701 granular scoring points. All questions, reference answers, and scoring rubrics are now fully open, licensed under Apache 2.0.

10 minutes ago

ZEC破千元大关令3名巨鲸爆仓，若续涨30美元将再清算670万空单

According to TradingBeats monitoring, ZEC is currently trading at around $1,011.9, up approximately 21.7% in 24 hours, with an intraday high touching $1,031.1. With the $1,000 threshold broken, the first batch of short sellers who set their liquidation lines near the integer level have been force-liquidated. Between 16:53 and 16:54, three addresses: 0xec0, 0x9663 and 0x7b12, were successively liquidated for 3,213.05 ZEC short positions, worth around $3.27 million, with total confirmed losses of approximately $204,700. Among them, 0xec0’s 1,563.99 short positions were first force-liquidated in two batches by the system, at an average execution price of around $1,015.72, with a covering amount of about $1.589 million. Subsequently, 0x9663 and 0x7b12 were liquidated for approximately $944,500 and $736,800 respectively. However, the two large short holders (whales) face even greater pressure: currently, addresses 0x9311 and 0xf206 together hold around $6.77 million worth of ZEC short positions, with unrealized losses of roughly $808,000. Their estimated liquidation prices are $1,041.32 and $1,043.99 respectively. Calculated based on the previous intraday high of $1,031.1, the gap between the current price and their liquidation lines is only about $10 to $13, less than 1.3%. Notably, address 0x9311 did not reduce its position amid the rally; instead, it recently added 773.04 short positions at $969.36, expanding its total short position to 3,773.08 ZEC, worth around $3.818 million. As a result, its liquidation price dropped from around $1,071.8 to $1,041.32. Address 0xf206, meanwhile, still holds 2,916.22 short positions, worth approximately $2.951 million, with a liquidation price of around $1,043.99.

10 minutes ago

Bitget PoolX: Locking BGBTC unlocks 4,000 UNI tokens.

Bitget’s PoolX platform has launched the BGBTC project. Users can lock up BGBTC tokens to participate in sharing a 4,000 UNI airdrop, with an individual lock-up cap of 30 BGBTC. The lock-up window runs from 19:00 UTC+8 on September 4 to 19:00 UTC+8 on September 9. For more details, please refer to Bitget’s official platform.

10 minutes ago

GPT-6 Astra is not an unlimited chat service: its $100 membership plan includes 50 weekly messages, while the $200 plan offers 200 weekly messages.

Beating AI News Brief: OpenAI Unveils Usage Limits for GPT-6 Astra in ChatGPT. Astra is branded as GPT-6 Pro in standard ChatGPT interactions. The $100 Pro tier offers 50 Astra uses per week, shared with GPT-5.6 Sol Pro. The $200 Pro tier provides 200 Astra uses weekly, plus an extra 170 daily uses for GPT-5.6 Sol Pro; however, combined usage of both Pro models is capped at 200 daily. Business Standard subscribers get 15 Astra uses per month, while Business Premium users receive 50 weekly, with both tiers sharing their quota with Sol Pro. Plus tier subscribers lack access to GPT-6 Pro in standard Chat but are not entirely locked out of Astra. Once the model is enabled for their accounts, Plus users can access Astra with limited quotas in Work and Codex; additional uses can be purchased via credits. Quotas for Chat, Work, and Codex are calculated separately. Astra is still being rolled out in phases, so eligibility for a subscription tier does not guarantee immediate access.

10 minutes ago

ZEC Surpasses $1,000, Hits a New All-Time High

According to HTX market data, ZEC has surged past $1000, hitting a fresh all-time high. It is now trading at $1017, with a gain of over 23% in the past 24 hours.

10 minutes ago

Ansem: Over 10 billion-dollar crypto protocols could emerge in the next 18 months.

Crypto KOL Ansem published a post stating that over the next 12 to 18 months, the crypto industry will see more than 10 protocols grow from scratch to a valuation of over $1 billion. He attributes this trend primarily to the ongoing migration of real-world assets (RWA) onto blockchains. Meanwhile, more skilled developers are coming to recognize that the crypto sector enables immediate incentive alignment, boosting their willingness to participate; continuously evolving AI models will also lower the barriers to protocol development.

4 minutes ago

Crypto meme project GME briefly surges past $11 million, hitting an all-time high.

According to GMGN data, the stock-meme project GME (Greatest Meme Ever) on Robinhood Chain saw its market cap briefly surge past $11 million within five hours of launch, before pulling back to $7.1 million, with trading volume reaching $8.7 million. GME uses stock trading platform Robinhood, pairing its liquidity pool with the tokenized version of U.S. stock GameStop (ticker: GME), and provides liquidity via a GME/GME trading pair. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing meme coins with USDT or ETH, they are directly matched with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL, etc.). This model retains meme coins' high volatility and community-driven speculative attributes, while leveraging the popularity and narrative of real stocks. A portion of transaction fees is often channeled back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Prices are highly volatile; investors should exercise caution.

4 minutes ago

Huobi HTX has launched perpetual contracts for GPRO, LMT, and SMIC.

Per official announcement, Huobi HTX launched GPRO/USDT, LMT/USDT, and SMIC/USDT perpetual contracts on September 4, supporting 1x to 20x long and short positions. Meanwhile, from now until 15:00 UTC+8 on September 8, Huobi HTX is hosting a new contract token trading contest: users who complete registration, trade the eligible token contracts, and meet the specified thresholds will have the chance to split the total prize pool of 1 billion $HTX.

4 minutes ago

GPT-6 Astra Claims Top Spot in Perplexity’s Research Agent Rankings: 13.5% More Performant Than Fable 5.1, 6.1% Cheaper

From Beating AI Express: Perplexity used its proprietary agent benchmark WANDR to test GPT-6 Astra, which scored 0.682 — the highest mark of any model tested to date. The average cost per task came to $11.98. Compared to Claude Fable 5.1, Astra’s score is 13.5% higher, while its cost is 6.1% lower; versus Opus 5, the score is 27% higher, with a cost increase of only 3.3%. WANDR is tailored to evaluate "broad and deep" research tasks, featuring 500 real-world research assignments that require agents to not just find partial answers, but to identify all eligible entities, verify each entity’s information and identity, and attach verifiable sources to every result. Typical tasks include competitor research, due diligence, literature retrieval, market analysis, and talent search. Prior to this, Fable 5.1 held the top spot with a score of 0.601 and $12.76 per task, while Opus 5 scored 0.537 at $11.60 per task. Astra’s performance has notably lifted the benchmark score, and this gain was not driven by inflated costs.

4 minutes ago

An address purchased MEME at a low point, netting $964,000 in profit.

On-chain analyst Ai Yi (@ai_9684xtpa) monitored that address 0xf7b…3fe48 invested $1,138 to buy MEME when its price was approximately $0.0001112. The address has now accumulated a profit of around $964,000, with a return rate of 83,677%. It still holds 88.5% of its initial position and currently ranks second on the MEME profit leaderboard.

4 minutes ago

OKX's Flash Earn Lite launches the DOS "Stake to Earn" program, allowing users to split 650,000 DOS in rewards.

According to official announcements, OKX’s Flash Earn Lite will launch the DOS "Stake to Earn" program from 15:00 UTC+8 on September 10, 2026 to 15:00 UTC+8 on September 15, 2026. During the event, users who lock BTC, OKB, or DOS to subscribe will share the 650,000 DOS airdrop reward pool. Early subscription is open starting from 15:00 UTC+8 on September 5, 2026, with rewards calculated from the official event start. Additionally, starting with this event, users can directly use assets from their flexible Simple Earn wallets to subscribe to Flash Earn’s Stake to Earn programs. Participation is available via the event link or by selecting "Flash Earn" at the top of the OKX App’s Explore page.

4 minutes ago

DeGods founder spends $1,491 to buy MEME, earning an 810x return.

Per Lookonchain monitoring, DeGods founder Frank (@frankdegods) spent $1,491 to buy 11 million MEME tokens 11 hours ago; the holding is now worth over $1.2 million, delivering an 810x return.

2 minutes ago

AMC’s after-hours trading gains on US stocks widened to over 20%

According to market data from BIT (bit.com), U.S. cinema chain AMC’s after-hours trading gain has expanded to over 20%, with its current price standing at $3.07.

2 minutes ago

AMC CEO responds to Robinhood CEO: Demands an end to AMC stock token trading, plans to seek legal action to halt it.

AMC CEO Adam Aron responded to Robinhood CEO Vlad Tenev, saying Tenev’s concerns about AMC’s stock tokens are “almost existential for the company.” He questioned why Robinhood, a U.S.-based firm, is able to issue products that purportedly represent AMC stock but fail to comply with U.S. securities laws via an offshore entity based in Jersey. Aron noted that AMC spends millions of dollars annually to adhere to U.S. securities regulations, adding that Robinhood’s so-called “synthetic equity market” could decouple stock token trading from the financing arrangements of listed companies. Traditional stockholders hold rights such as voting, but Aron argued that stock tokens do not represent actual equity, meaning investors cannot access corresponding shareholder rights. Aron demanded that Tenev and Robinhood voluntarily halt AMC stock token trading; otherwise, AMC has retained external securities lawyers to explore measures to force Robinhood to cease such activity. He also said he will submit inquiries to the U.S. Securities and Exchange Commission (SEC) regarding Robinhood’s practices. Earlier reports stated that Aron released a statement this morning revealing Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and more than 190 other companies. Aron clarified that AMC has no connection to the project, does not endorse the practices involved, and will immediately retain external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern.

2 minutes ago

Japanese and South Korean stock markets closed higher across the board, with SK Hynix rising more than 3%.

According to Bitget data, the Nikkei 225 index closed 806.46 points higher on Friday, September 4, rising 1.26% to 65,020.94 points. South Korea’s KOSPI index also closed up 107.73 points, or 1.64%, at 6,687.21 points on the same day, with SK Hynix gaining over 3% and Samsung Electronics rising 2.2%.

2 minutes ago

Meme crypto project MEME briefly broke through $110 million in market capitalization, setting a new all-time high.

According to GMGN data, the stock-meme project MEME on Robinhood Chain has been surging, with its market cap briefly breaking through $110 million to hit a new all-time high before pulling back to $95 million. It has surged over 1,000% in 24 hours, with trading volume reaching $59.1 million. MEME leverages stock trading platform Robinhood, pairing with tokenized U.S. stock AMC Entertainment (the U.S. theater chain with ticker AMC) as its liquidity pool, using the MEME/AMC trading pair to provide liquidity. AMC’s CEO stated in a post this morning that Robinhood is advancing a tokenized real-world asset and stock token project involving AMC and over 190 other companies. He noted AMC has no connection to the project, does not endorse the practice, and will immediately request external securities lawyers to review the matter. Robinhood CEO Vlad Tenev responded that there is no need for concern. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are directly paired with on-chain U.S. stock tokens (e.g., NVDA, TSLA, AAPL, etc.). This model retains meme coins’ high volatility and community-driven speculative nature while tapping into the popularity and narrative of real stocks. A portion of transaction fees often flows back to the community treasury to accumulate corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Prices are highly volatile; invest with caution.

2 minutes ago

Bank of Korea: South Korea's memory chip production capacity advantage is expected to further expand.

The Bank of Korea stated that thanks to Samsung Electronics and SK Hynix’s active expansion of domestic production facilities, South Korea’s leading edge in storage chip production capacity is expected to further expand. The central bank projects that new chip factories set to commence operations by 2028 will boost South Korea’s monthly wafer production capacity by approximately 600,000 units.

2 minutes ago

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Claude and Grok have suffered consecutive outages, and ChatGPT is now also facing widespread errors.

Beating AI News Flash: Several major overseas AI services suffered consecutive outages tonight. Claude has encountered two rounds of failures this evening. Sonnet 5 began showing errors at 20:37 Beijing Time, and was announced restored at 20:56; half an hour later, Anthropic reported a larger multi-model error spike affecting Mythos/Fable 5.1, Mythos/Fable 5, Opus 5, 4.8, and 4.6. Claude.ai, Claude API, Claude Code, and Claude Cowork remain partially unavailable. Shortly after, Grok also went down. xAI marked the Grok Web as an "outage" at 21:30 Beijing Time, with no restoration announcement made as of press time. OpenAI has now joined the outage list. At 22:58 Beijing Time, OpenAI’s status page added an incident entry noting "increased error rates for ChatGPT and Codex", and stated it is investigating the issue.

4 minutes ago

Trump: US ammunition stockpiles are nearly unlimited, with unprecedented production capacity.

In a post, Trump said: "For those treasonous individuals who refuse to accurately report on our military operations in Iran, we have nearly unlimited quantities of medium and high-grade ammunition—far exceeding the amount that could be used in this or any other war (which is extremely unlikely to occur!). Additionally, we are producing ammunition at an unprecedented rate. We are stockpiling supplies and preparing for any possible contingency. We will keep these for ourselves and the United States, rather than selling them to other countries, but sales to allies will resume soon. Furthermore, let everyone know that the Biden administration sent far more ammunition to Ukraine than we would deploy in Iran, and it was completely free. Hundreds of billions of dollars were given away for free to Ukraine and NATO—money that Europe could have covered if only they had been required to pay. But we will recoup this money, albeit a bit late!"

4 minutes ago

Ethereum surpasses $2,500, with a 4.1% gain in 24 hours.

Per HTX market data, Ethereum has surged past $2,500, with a 4.1% gain over the past 24 hours.

4 minutes ago

Bitcoin surges past $80,000, gaining 3.5% in the past 24 hours.

According to HTX market data, Bitcoin has surged past $80,000, with a 3.5% gain in the last 24 hours.

4 minutes ago

Abu Dhabi’s IFM open-sourced six variants of the K2 Horizon model, covering sizes from 0.9 billion to 375 billion parameters.

Beating AI News Flash: The Institute for Foundation Models (IFM) under the UAE’s Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has launched K2 Horizon, open-sourcing six models at once: 0.9B, 3.7B, 7B, 32B, 36B-A4B, and 375B-A23B. The 0.9B model is targeted at edge devices like smartwatches and glasses, while the 7B model can run on mobile phones. The largest 375B-A23B uses a Mixture of Experts (MoE) architecture, activating around 23 billion parameters per generated token. The institute stated that the 0.9B, 3.7B, and 7B models have set new benchmark records for their respective sizes. Beyond final model weights, training code, data or data construction recipes, intermediate checkpoints, training logs, and evaluation records are also made public. Some data is subject to license restrictions and cannot be redistributed directly, though its sources, construction methods, and ratios will be disclosed. The models and code are released under the Apache 2.0 license. Artificial Analysis scored the 375B-A23B an Intelligence Index of 47, close to MiniMax-M3’s 45. The model performs stronger on agent tasks but is relatively weaker in knowledge and complex reasoning.

4 minutes ago

Yangtze Memory Technologies' STAR Market IPO review status has been updated to "under inquiry".

According to the official website of the Shanghai Stock Exchange (SSE), the IPO review status of Yangtze Memory Technologies Co., Ltd. on the SSE STAR Market has been updated to "Under Inquiry". This status means Yangtze Memory has officially entered the SSE's listing review process, during which one or more rounds of written inquiries will be conducted on issues including the company's information disclosure and sci-tech innovation attributes. As China's largest 3D NAND flash memory manufacturer and the only domestic original 3D NAND manufacturer, Yangtze Memory independently developed the Xtacking (crystal stack) architecture, and is a memory IDM (Integrated Device Manufacturing) enterprise integrating chip design, manufacturing, packaging and testing.

4 minutes ago

26 minutes ago

Per GMGN data, Solana ecosystem meme coin USELESS has rallied sharply, surging past a $190 million market cap. The token saw a 24-hour price increase of over 58% with a 24-hour trading volume of $20.6 million. On September 1, "Bonk Guy" stated his bullish outlook on USELESS is even stronger than when he traded BONK in 2023. He noted that USELESS previously rallied from a roughly $4 million market cap to $450 million outside a bull market, adding that if the coin experiences a genuine bull market for the first time in the future, it could post even larger gains. Following Bonk Guy's bullish call on September 1, USELESS jumped over 50% that day, pushing its market cap past $100 million. BlockBeats reminds users that most meme coins lack practical use cases, are highly volatile, and require caution when investing.

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According to GMGN data, Solana ecosystem meme coin USELESS has rallied over 50% in 24 hours, now trading at $0.1051 with a market cap of $104 million. On the news front, earlier today, the figure known as "Bonk Guy" reflected on his meme coin trading track record, disclosing he once traded BONK with 6x leverage for $16,000 and pocketed over $20 million in profits. Though he later gave back all those accumulated gains on October 10, this isn’t his only high-value trading win. He added that during the last cycle, he also grew funds ranging from low five to six figures to over $5 million to $10 million via trades of meme-related tokens including DOGEGOV, MAGA, and Roaring Kitty. Unipcs also noted that his current bullishness on USELESS is even stronger than when he traded BONK in 2023, pointing out that USELESS previously surged from a market cap of around $4 million to $450 million outside of a bull market, and could see even larger upside if it experiences a genuine bull market for the first time in the future.

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21 international financial institutions will jointly set up a stablecoin company, with plans to launch a U.S. dollar stablecoin in the first half of 2027.

21 international financial institutions have announced plans to establish a new company in the second half of 2026 to advance the issuance of a stablecoin, with its specific name to be disclosed later. The new entity will initially focus on USD-denominated stablecoins, with plans to expand to additional G7 currencies in the future, prioritizing euro-denominated stablecoins. Participating institutions include Bank of America, Citigroup, Morgan Stanley, Goldman Sachs, Deutsche Bank, UBS, Wells Fargo, BBVA, Santander, MUFG Bank, and others. The stablecoin is targeted at wholesale, institutional, and retail markets, and will be applied to scenarios such as cross-border payments and digital asset settlement. The group stated that the stablecoin scheme will combine bank-level compliance, governance, and institutional risk management capabilities, and plans to meet relevant regulatory requirements including the U.S. GENIUS Act and EU MiCA. The project aims to officially launch the stablecoin product in the first half of 2027.

1 seconds ago

Fake Claude Desktop Application Spreads Malware, RevStealer Targets Over 50 Cryptocurrency Wallets

Cybersecurity firm Morphisec reports that a malware program disguised as Anthropic’s Claude desktop application is spreading the Windows malware RevStealer, with attackers luring users to download and install it under the name "Claude Opus 5 Free Desktop". According to reports, RevStealer can steal browser passwords, cookies, password manager data, VPN and remote access configurations, instant messaging data, screenshots, and specific documents, targeting more than 50 cryptocurrency wallets. The malware also features anti-analysis mechanisms, which determine if it is operating in a real user environment by checking device memory, CPU core count, username, hostname, and graphics card details; if a debugging or virtualization environment is detected, it may halt subsequent malicious activities. Morphisec added that RevStealer has previously spread via GitHub repositories and game cheat-related websites. Researchers warn users to avoid downloading AI apps like Claude from unofficial sources, and to be especially cautious of installers claiming to offer "free premium versions" or "cracked versions".

1 seconds ago

Alkemya Metacore raises $50 million in tokenized equity funding, led by Gumi Cryptos Capital.

Alkemya Metacore announced it has completed a $50 million pre-IPO financing round, and plans to raise additional capital via the issuance of tokenized equity ALKN. The round was led by Gumi Cryptos Capital, with participation from firms including Maven 11, Metalayer, Joint Effects, and Tribe Capital. Alkemya Metacore holds approximately 7 million meters of ultra-high-purity nickel wire with 99.99% purity and a diameter of just 0.025 mm. Independent verification values this asset at roughly $1.64 billion, which is currently held by an institution based in Lugano, Switzerland. The company intends to use the financing to process the nickel wire into engineered mesh products, which will be applied in sectors including electromagnetic shielding, aerospace and defense, marine and desalination, power and industrial operations, semiconductors, green hydrogen energy, and precious and rare metal recycling. The ALKN token will be issued by Luxembourg-based Alkemya Metacore SCSp, and is planned to trade on regulated platforms including Bitfinex Securities. The new ALKN issuance is priced at $1 per token, targeting institutional and professional investors, with a closing date of October 15. Under the revenue distribution mechanism, investors will first receive a full return of their capital, plus a preferred return calculated at 6% annual compound interest. Profits from commercial operations will be split between token holders and partners at an 80:20 ratio. The company stated that tokenized securities will help it reach global investors and provide round-the-clock on-chain trading channels for traditional physical assets.

1 seconds ago

Serenity: GoPro's stock surges over 80%, its foray into optical communications surprises the market.

Serenity published a post stating that action camera maker GoPro ($GPRO) plans to merge with photonics firm Starman Optical to enter the AI data center 800G/1.6T optical module market. Following the announcement, GoPro’s share price surged over 80%. Serenity commented, “GoPro competing against AAOI is absolutely outside my expectations.” It noted that GoPro’s shift from action cameras to the AI data center optical communications sector is quite unexpected, and the market has reacted strongly to this transformation plan.

1 seconds ago

US stocks open September with a dismal start: Oil prices and US Treasury yields rise in tandem, weighing on high-risk assets.

On the first trading day of September, the three major U.S. stock indexes opened lower across the board: the Dow Jones Industrial Average fell 0.64%, the S&P 500 dropped 0.71%, the Nasdaq slid 1.31%, and the Philadelphia Semiconductor Index once plunged more than 3%. Intel and Qualcomm declined nearly 3%, AMD and Meta fell over 2%, while Tesla, Alibaba, and Nvidia dropped nearly 2%. The core factor pressuring the market is the simultaneous rise in oil prices and global bond yields. Brent crude oil broke above $92 per barrel during the session; market concerns over Middle East tensions and shipping disruptions in the Strait of Hormuz are expected to push up energy prices and inflation, further strengthening expectations of a Federal Reserve interest rate hike. Currently, CME’s FedWatch Tool shows the probability of a 25-basis-point Fed rate hike in September to a range of 3.75%-4.00% has risen to 66%. Paul Ciana, technical strategist at Bank of America, stated the S&P 500’s upward breakout starting in August remains intact, provided it holds above 7,500 points. Meanwhile, neither the RSI nor MACD has confirmed the recent price highs, indicating upward momentum is weakening. Ciana noted seasonal headwinds, election uncertainty, and rising front-end U.S. Treasury yields are posing greater challenges to the market, with higher yields increasing the risk that stocks will enter a consolidation phase rather than rallying at an accelerated pace. Matt Maley, strategist at Miller Tabak, also warned the stock market has so far been able to ignore rising yields, but this does not mean the pressure from high yields will not eventually surface. JPMorgan Chase, meanwhile, argues rising yields may not be an insurmountable obstacle for the bull market, as they could reflect stronger economic activity momentum.

1 seconds ago

Firelight Protocol completes $8 million funding round, led by Gumi Cryptos Capital.

DeFi protocol Firelight Protocol has secured an $8 million funding round led by Gumi Cryptos Capital, with participation from Maven 11, Metalayer, Joint Effects, Tribe Capital, and other investors. The project aims to build an on-chain risk protection layer for DeFi, planning to launch its protocol and first set of coverage products in September, while expanding its insured asset base from XRP to include Bitcoin (BTC) and Stellar (XLM). Incubated by DeFi infrastructure provider Sentora, Firelight targets the smart contract vulnerability risks that fintech companies face when entering the on-chain yield market. It has developed an on-chain protection mechanism where users’ insured positions are represented as NFTs. In the event of a vulnerability exploit, an alliance of independent risk firms—GFX Labs, Hypernative, Credora, Native, and Cyfrin—will evaluate claim eligibility, with a goal of completing reviews in 3–4 days and payouts within 10 days. Firelight CEO Anthony DeMartino stated that the product is not geared toward crypto-native speculators, but rather intends to act as a "protective layer" to drive the next wave of capital into on-chain spaces. Currently, roughly $80 billion is locked in DeFi, yet less than 1% of that total has on-chain risk coverage. Firelight identifies fintech firms, digital banks, and payment platforms as its core potential clients.

1 seconds ago

Pre-Market News Roundup for US Stocks: Morgan Stanley Upgrades Robinhood’s Rating; Apple Officially Announces New CEO; Meta Calls Off Manus Acquisition

Pre-market key news for US stocks on Tuesday: 1. Morgan Stanley upgrades Robinhood, noting the market has undervalued the monetization potential of Robinhood’s existing user base. 2. Hut 8’s Texas data center is reportedly included in Anthropic’s $35 billion AI computing power deal. 3. Meta Platforms (META.O)’ acquisition of Manus has been called off, with the founding team regaining full control, according to reports. 4. Apple (AAPL.O)’ official website updated that John Ternus has officially assumed the role of Apple CEO. 5. Anthropic and Lambda, a cloud service provider backed by NVIDIA, have struck a $35 billion cloud computing deal, with data center leasing rights held by NVIDIA. 6. OpenAI’s advertising business is growing rapidly, with annualized revenue exceeding $1 billion. 7. Per relevant legal documents: Apple (AAPL.O) alleges in its trade secret lawsuit against OpenAI that the defendant used Apple’s proprietary information to train AI agents. 8. U.S. Department of Commerce: Meta Platforms (META.O) CEO Mark Zuckerberg will attend the tech-focused G20 meeting via video conference.

3 minutes ago

The US-Canada trade war has fallen into a deadlock, and the Bank of Canada may hold interest rates steady for the seventh consecutive time.

Against the backdrop of escalating US-Canada trade tensions and rising energy prices, markets widely expect the Bank of Canada (BoC) to hold its benchmark interest rate steady at 2.25% this Wednesday, marking the central bank’s seventh consecutive hold. The US has already imposed a 50% tariff on roughly $20 billion worth of Canadian goods, while Canada plans to levy retaliatory tariffs on certain US products starting September 8. Meanwhile, driven by rising oil prices, Canada’s overall inflation rate has climbed to 3%, hitting its highest level since 2023, leaving the BoC facing a stagflation dilemma: tariffs weighing on economic growth while energy costs fuel inflation. While Canada’s annualized second-quarter GDP growth rebounded to 3.3% and over 180,000 jobs were added between May and July, roughly two-thirds of surveyed economists have cut their corporate investment forecasts due to the trade war. Markets now widely anticipate that the BoC’s next rate hike may not come until the first half of 2027.

3 minutes ago

Cooling expectations for gold's rally: Prediction markets put the probability of gold hitting $5,000 by year-end at just slightly above 50%

After rising nearly 10% in August, international spot gold has pulled back sharply, with market expectations for further gains cooling significantly. Polymarket data shows the probability of gold hitting $5,000 per ounce by year-end is just over 50%, the chance of reaching $4,500 is almost certain, while the likelihood of hitting $6,000 has dropped to around 13%; the probability of a short-term return to $4,700 is less than one-third. Affected by the Federal Reserve’s hawkish signals, U.S. Treasury yields, and rising oil prices, spot gold fell more than 2% at one point Tuesday to around $4,350 per ounce, a notable pullback from its previous high of roughly $4,697. After Fed Chair Waller delivered hawkish signals at the Jackson Hole Annual Meeting, market bets on a September rate hike rose to about 66%, and the yield on the 10-year U.S. Treasury note climbed to approximately 4.78%. Meanwhile, Brent crude oil broke above $91 per barrel, further intensifying inflationary pressures. Still, gold’s long-term bullish narrative has not faded: concerns over fiscal deficits, expanding government debt, and the U.S. dollar’s purchasing power continue to underpin gold prices. Citi forecasts gold will rise to $5,000 over the next 6 to 12 months, and has raised its short-term target to $4,800. The market will now turn its focus to U.S. employment and inflation data to gauge whether gold bulls can regain momentum.

3 minutes ago

The GLM Coding Plan is marking its first anniversary by giving all subscribers a reset card.

Beating AI News (from Dongcha) – Zhipu AI announced that its GLM Coding Plan has reached its first anniversary since launch, and has issued a reset card to all active subscribers. After using the card, both the 5-hour and weekly quotas will be fully replenished immediately, without waiting for their respective refresh cycles.

3 minutes ago

A mysterious crypto whale has once again increased its HYPE holdings, with a single purchase exceeding $11.88 million.

According to Lookonchain monitoring, the mysterious whale address 0x6436 purchased another 141,442 HYPE tokens today, valued at roughly $11.88 million. Earlier, on August 30, the same whale address bought 243,713 HYPE tokens for $20.24 million; between August 25 and 27, it acquired 387,952 HYPE tokens via Hyperliquid, OKX, Bybit, and Gate, totaling $31.5 million.

3 minutes ago

Wall Street made a flurry of rating adjustments on Tuesday, with Nvidia, Microsoft, Apple, SpaceX and other firms being favored by institutions.

Multiple Wall Street institutions have recently released their latest stock ratings, issuing positive assessments for firms including Nvidia, Microsoft, Apple, SpaceX, Cisco, Airbnb, and Uber. Baird reaffirmed its "Outperform the Market" rating for Nvidia, noting the chipmaker remains a top large-cap pick thanks to its leading market share and sustained growth in its inference business. Bank of America reiterated a "Buy" rating for Microsoft, raising its target price from $500 to $600, citing accelerated Azure growth as further validation of its AI strategy. JPMorgan reaffirmed an "Overweight" rating for Apple, arguing that despite an expected decline in global smartphone shipments in 2026, the tech giant will benefit from rising market share in the premium device segment. Bernstein reaffirmed an "Outperform the Market" rating for SpaceX, stating that the new launch facility at its Louisiana Starbase site will provide critical infrastructure for future Starship launches and orbital data center construction. Separately, Deutsche Bank initiated coverage on Cisco with a "Buy" rating; Rosenblatt initiated coverage on Uber and Airbnb, assigning "Buy" ratings with target prices of $100 and $220 respectively; KeyBanc initiated coverage on eToro with an "Overweight" rating; Piper Sandler upgraded Tempus AI’s rating to "Overweight", lifting its target price from $56 to $76; Evercore ISI upgraded Duolingo’s rating to "Outperform the Market". Other rating actions include: UBS downgrading Interactive Brokers from "Buy" to "Neutral"; Bank of America upgrading Timken to "Buy"; Citigroup initiating positive catalyst coverage on Howmet Aerospace; and BMO upgrading Park Hotels & Resorts to "Outperform the Market".

3 minutes ago

BONK Moves Beyond Meme Coin StatusBonk is pushing further into utility territory with the launch of officially branded games on Betmode, an onchain casino platform. The new offering adds BONK-themed gaming experiences to Betmode's existing casino library, giving $BONK holders a branded entry point into crypto gambling on Solana.

The move marks a notable step for the project, which has spent much of its existence as a community-driven meme token. It now seeks a more defined role within the broader Web3 gaming ecosystem, following a pattern of attaching itself to real product verticals to sustain community interest and generate ongoing token demand beyond speculation.

Onchain Transparency and a Token Burn MechanismA key element of the partnership is how wagers and payouts are handled. Betmode records game activity directly on the blockchain, meaning players can independently verify results without relying on the platform's word.

Beyond the gaming experience, the partnership includes a deflationary component for the token. This mechanism is designed to reduce circulating supply over time and align platform activity with token demand.

For Bonk, the expansion into gaming continues a broader trend of meme coins building out real product use cases to sustain ecosystems long after the initial hype cycle fades.

Sources:
Coinfomania: Bonk Launches BONKplay Casino, Offering Up to $1M in Rewards
GottaGamble: Betmode Casino Review

Kripto piyasasındaki yükseliş daha riskli bölgelere taşındı. Kedi ve köpek temalı meme coinler haftalık bazda %130’a varan kazançlar elde ederken Cash Cat son 24 saatte %51 yükseldi.

Bitcoin ve büyük kripto paralarla başlayan yükseliş, şimdi piyasanın daha spekülatif bölümüne yayılıyor. Özellikle düşük piyasa değerine sahip kedi ve köpek temalı meme coinlerde sert hareketler görülüyor.

Robinhood ekosistemindeki Cash Cat, son 24 saatte yaklaşık %51 yükselerek 0,218 dolara çıktı. Tokenın haftalık kazancı ise %113’e ulaştı. Son 30 gündeki yükseliş %345’i bulurken piyasa değeri yaklaşık 215 milyon dolara çıktı.

Hangi Meme Coinler Bu Hafta En Çok Yükseldi? Ralli yalnızca Cash Cat ile sınırlı kalmadı. Kedi temalı meme coinlerde de güçlü hareketler görüldü.

Thinking Cat son yedi günde %131 yükseldi. Purr %93, Popcat %54 ve cat in a dogs world (MEW) %49 değer kazandı.

Köpek temalı tokenlarda da benzer tablo ortaya çıktı. Dog (Bitcoin) yaklaşık iki katına yaklaşırken dogwifhat %64, Bonk %47 ve Floki %40 yükseldi.

Piyasanın en büyük meme coinleri de yükselişe katıldı. Dogecoin son yedi günde yaklaşık %32, Shiba Inu ise %30 değer kazandı. Token yaklaşık 0,00000547 dolardan işlem görürken piyasa değeri 3,2 milyar doları aştı.

Bu hareket, yatırımcıların yalnızca büyük kripto paralara değil, piyasa değeri daha düşük ve likiditesi daha sınırlı tokenlara da yönelmeye başladığını gösteriyor.

Cash Cat Neden Bu Kadar Hızlı Yükseldi? Cash Cat’in hareketi, düşük likiditenin fiyat üzerindeki etkisini açık biçimde gösteriyor.

Token son 24 saatte yaklaşık 80 milyon dolarlık işlem hacmine ulaştı. Piyasa değeri ise yaklaşık 215 milyon dolar seviyesinde. Bu, tokenın büyüklüğüne kıyasla oldukça yüksek bir işlem trafiğine işaret ediyor.

Böyle piyasalarda alıcıların artması fiyatı çok daha hızlı yukarı taşıyabiliyor. Ancak aynı mekanizma ters yönde de çalışıyor.

Likidite derinliği düşük olduğunda satışlar da sertleşebiliyor. Yani son yükseliş yalnızca fırsat anlamına gelmiyor; yüksek oynaklık riskini de beraberinde getiriyor.

Meme Coin Rallisi Piyasadaki İştahı mı Gösteriyor? Meme coinlerdeki hareketin daha geniş bir anlamı da var. Yatırımcılar büyük kripto paralardan daha küçük ve yüksek riskli tokenlara geçtikçe piyasanın risk alma iştahı da artıyor.

Meme coinler geleneksel bir işletme veya düzenli nakit akışından çok internet kültürü ve topluluk ilgisiyle değer kazanıyor. Bu nedenle piyasa duyarlılığı değiştiğinde fiyatları diğer birçok varlıktan çok daha sert hareket edebiliyor.

Cash Cat, Thinking Cat ve Dog (Bitcoin) gibi tokenların aynı dönemde güçlü yükselmesi, rallinin piyasa değeri daha küçük varlıklara doğru genişlediğini gösteriyor.

Ancak burada önemli bir ayrım var: Düşük likidite yükselişi büyüttüğü gibi düşüşü de büyütebilir. Alıcılar çekildiğinde fiyatlar çok daha hızlı gerileyebilir.

Kripto Piyasasında Korku ve Açgözlülük Endeksi Ne Söylüyor? Meme coin hareketliliğine piyasa duyarlılığındaki hızlı değişim de eşlik ediyor.

Crypto Fear & Greed Index yaklaşık 75 seviyesine çıktı. Gösterge yalnızca bir hafta önce 30 civarındaydı. Böylece endeks, Ekim 2025’in başından bu yana en yüksek seviyesine ulaştı.

Geçmişte endeksin 70’li seviyelere yükselmesinin ardından 10 Ekim’deki sert kaldıraç çözülmesi yaşanmıştı. Ancak bu karşılaştırma tek başına yeni bir düşüşün geleceği anlamına gelmiyor. Endeks mevcut piyasa duyarlılığını ölçüyor; gelecekte yaşanacak bir çöküşü öngören bir gösterge değil.

Bugünkü tablo daha çok risk iştahının hızla arttığını gösteriyor. Meme coinlerdeki sert yükseliş de bu iştahın piyasanın daha spekülatif tarafına kadar yayıldığının işareti.

Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

The real-world asset (RWA) market cap reached $71.02 billion on Monday, a gain of 48.7% in 24 hours, according to CoinGecko. Meme coins fell 2.2% over the same day.

The sector added $23.26 billion. One token accounts for almost all of it, and it is not a tokenized stock.

Top Real World Assets (RWA) Coins by Market Cap. Source: CoingeckoOne Listing Explains the Whole JumpFigure Heloc is the largest RWA holding at $22.81 billion. That is 32% of the sector. Take it out of Monday’s total and $48.21 billion remains. The sector was worth $47.75 billion a day earlier.

The difference between those two figures is 0.96%. In other words, the RWA sector without Figure Heloc is almost exactly where it stood the day before.

Top Real World Assets (RWA) Coins by Market CapPrices did not do this. Chainlink (LINK) rose 0.8% on the day, and Stellar (XLM) fell 3.3%. Figure Heloc itself gained 4.5% across the week.

A token added to a list can raise a sector total. Nobody has to buy anything.

What Figure Heloc Actually IsThe token is a pool of home equity credit lines. Figure, a Nevada lender, issues them on its own Provenance blockchain. Figure is not a fringe operation. It listed on Nasdaq in September 2025 and earned $191 million on $619 million of revenue over the past year.

The scale is the striking part. Figure’s shares are worth $8.66 billion. Its tokenized loan book is worth $22.81 billion, or roughly two and a half times the company itself.

Those tokens barely move. They turned over $14.9 million in 24 hours, about 0.065% of their value. CoinGecko’s own data returns no 24-hour price change for them at all.

So the largest asset in crypto’s RWA sector is a securitized mortgage book that almost never trades. Researchers have tracked this gap between value and liquidity for months.

Tokenized Stocks See Modest Gain in Crypto RallyTokenized equities sit in a separate pool worth $8.25 billion. That is roughly a third of the jump they are credited with causing.

They also cannot outrun the shares they copy. MicroStrategy xStock (MSTRX) trades at $122.69, while Strategy’s Nasdaq-listed shares sit at $122.63.

MicroStrategy xStock (MSTRX) Stock Performance. Source: CoingeckoIt rose 27.9% over seven days because the stock did. The wrapper simply followed.

Meme Coins Fell While RWA RoseAlmost every large meme coin lost ground on Monday. Dogecoin (DOGE) fell 4.1%, Pump.fun (PUMP) dropped 7.9% and Official Trump (TRUMP) slid 9.9%.

The sector ended the day down 2.3% at $32.82 billion. Shiba Inu (SHIB), Bonk (BONK) and FLOKI all finished lower.

Top Meme Coins by Market Cap. Source: Coingecko
So Monday set a listing against a selloff. RWA gained on paper while meme coins lost real value. Turnover separates the two:

Meme coins traded 13.2% of their market cap in 24 hours. The RWA sector managed 4%, and Figure Heloc just 0.065%. Meme coins are the smaller market that actually changes hands. RWA is the larger one that mostly sits still.

The Seven-Day Picture Is DifferentWiden the window, and meme coins lead on price. Official Trump gained 73.5% over seven days, Pump.fun 66.3% and Pepe (PEPE) 54.2%.

RWA tokens were steadier. Stellar climbed 22.1% and Chainlink 21.9% across the same week.

Meme coins also traded harder, turning over $4.35 billion against $2.82 billion. That extends the meme coin season rally.

BeInCrypto Intelligence research on the real state of tokenization tracked roughly $60 billion across 7,000 products. Most of it sits inactive on-chain.

The RWA sector grew by $23 billion on Monday. It grew by counting something new, not by anyone buying it.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

After weeks of review, South Korean cryptocurrency exchange Upbit has declared that it will delist Bonk Inu (BONK), citing unresolved security and compliance issues. The ruling is another instance of Korean exchanges adopting a more stringent approach to investor protection, and it comes after BONK was designated as a 'trading caution' asset in early July 2026. 

BONK Trading support isn't supportedUpbit claims that trading support for BONK will expire on September 7, 2026, at 15:00 KST, at which point all pending buy and sell orders will be automatically canceled. Until October 7, 2026, users will still have 30 days to withdraw their BONK holdings. The exchange clarified that neither market performance nor trading volume had any bearing on its decision. 

BONK/USDT Chart by TradingViewRather, it highlighted issues found during its examination in accordance with South Korea's guidelines for virtual asset listing. According to Upbit, it discovered unresolved problems with security incidents involving wallets or the underlying blockchain infrastructure, pointing out that the causes had not been adequately identified or fixed. 

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The project's handling of material disclosures was also criticized by the exchange, which claimed that crucial information was not conveyed in a timely and suitable manner. In July, Upbit put BONK under increased surveillance and then carried out another evaluation to see if the problems had been resolved. 

Trading support endsThe exchange decided to end trading support in line with its policy for delisting digital assets after concluding that the issues were still unresolved. The announcement emphasizes how South Korean exchanges have tightened listing requirements in response to regulatory reforms meant to increase transparency and lower risks for individual investors. 

In order to stay listed, projects must now uphold strict security procedures, make timely public disclosures, and exhibit strong governance. Although BONK has suffered a major setback in the Korean market as a result of the delisting, the token's accessibility on foreign cryptocurrency exchanges is unaffected. 

The measure should not be taken as proof that the Bonk project has ceased operations; rather, it is specific to Upbit's compliance framework. Investors who own BONK on Upbit are advised to withdraw their holdings prior to the withdrawal deadline in order to prevent any issues after the token's support is completely discontinued.

Bonk Meme Coin Hits Nearly 3-Year Low After Upbit Announces September Delisting

Bonk [BONK] has led the memecoin market over the past day, posting a double-digit gain of more than 11%.

Currently, Bonk stands as the only memecoin to log this kind of surge as broader market sentiment recovers and Bitcoin edges closer to the $66,000 level.

Much of the move traces back to a jump in social mindshare, a metric that captures how much attention a token draws across social media platforms. Bonk’s mindshare has climbed to 8,680 at the time of writing, a 32% increase from the previous day.

The bullish past day tells only part of the story. Over the last 30 days, Bonk has fallen 31%, and on a year-to-date basis, it sits down 58% – losses that have already pushed the memecoin below the top 100 tokens by market capitalization.

Is Bonk actually in a bull market? The rally has sparked debate over whether Bonk has entered a bull market, and the answer isn’t a clear-cut yes yet.

Funding Rate data points to growing selling pressure, with the rate flipping negative. The Funding Rate measures whether long or short contracts dominate the perpetual market, based on which side pays the funding fee.

The Funding Rate has now dropped to -0.0009%, pointing to a market where most of the $7.82 million in open positions lean toward selling.

Source: CoinGlass Sentiment analysis adds a cautious outlook as it still shows that bears are in control. Negative sentiment does little to help a bullish narrative take hold, especially for a memecoin with no underlying product to sustain a rally.

Sentiment has dropped into negative territory at -2.42, and a further slide could erode the bullish momentum that has built over recent hours and drag the asset lower.

Spot market holds its ground Even with sentiment tilting toward the bears and the perpetual Funding Rate turning negative, the spot market tells a more bullish story.

As of press time, buying strength has picked up, with more investors pulling BONK off exchanges into private wallets to hold than moving it onto exchanges to sell.

Source: CoinGlass The total Bonk accumulated through this route amounts to roughly $4.24 million, and netflow—the difference between coins entering and leaving exchanges—has dropped to about negative $880,000.

That marks a notable turnaround, since selling dominated the prior three days. Sustained buying would give the memecoin a better chance of defending its price, and with the Funding Rate shift still shallow rather than decisively bearish, BONK retains room to extend its run.

Final Summary Bonk’s Funding Rate has cooled to 0.0009% across $7.82 million in open positions, signaling that sell pressure is building. Spot accumulation tells the opposite story, with roughly $4.24 million in Bonk pulled off exchanges – a turnaround from three days of selling.

The meme coin sector has lost more than 50% of its value over the past three months, prompting one analyst to argue that the long-awaited shakeout could permanently sideline several once-popular tokens. But Dogecoin (CRYPTO: DOGE), they say, still has a chance to outperform in the next bull market.

Leading Meme Coins Hitting The WallIn a series of posts on X on Monday, crypto analyst Kevin said many leading memecoins are running out of momentum after suffering drawdowns of more than 95% from their all-time highs.

"Major meme coins are hitting the wall, and many may never see new all-time highs again," Kevin said.

He described Shiba Inu as a token that benefited from the meme frenzy following Dogecoin’s historic rally, while calling BONK and Floki “no-fundamentals” projects that are unlikely to revisit their previous peaks.

“This correction is a reset for the crypto space,” he said. “It’s time to weed out the worthless projects and refocus on solid fundamentals.”

Kevin was less definitive on Pepe (CRYPTO: PEPE). While acknowledging the token remains difficult to evaluate, he said he expects it to survive the current downturn and potentially participate in another bull cycle.

“I think it will probably stick around and get another opportunity,” he said, adding that he has “always had a soft spot for Pepe.”

Dogecoin Still Looks DifferentDespite his bearish stance on most meme coins, Kevin made an exception for Dogecoin and also revealed he owns a small position.

Responding to another trader, Kevin said Dogecoin has “a much more constructive chart” than many newer meme coins and has proven it can survive multiple market cycles.

“I think it stays around and has another run in the future,” he said.

However, he cautioned against making Dogecoin a major portfolio allocation because it remains highly speculative and has underperformed Bitcoin (CRYPTO: BTC) for six consecutive years.

“BTC is a better bet,” he added.

When asked whether DOGE would eventually fade into obscurity or remain among crypto’s leaders during the next bull market, Kevin said his attention is now primarily focused on Bitcoin and Ethereum (CRYPTO: ETH).

While institutional capital continues flowing toward BTC, ETH and tokenized real-world asset projects, several analysts have argued that the next crypto cycle may reward projects with sustainable utility over purely narrative-driven tokens.

Image: Shutterstock

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