Track market-moving stories before they get noisy

On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

9 minutes ago

OpenAI Partners With Samsung on Next-Generation Chips, Expanding Collaboration From Memory to Chip R&D

Beating AI News Flash: Harrison Kim, OpenAI’s head of Korea, said OpenAI is co-developing and manufacturing next-generation chips with Samsung Electronics, with clear progress made in the collaboration. He did not disclose details on the chip’s architecture, process technology, or mass production timeline. Previously, Samsung mainly served as a supplier in OpenAI’s chip roadmap. Last year, when both parties joined the Stargate Korea project, Samsung’s stated role was to provide OpenAI with advanced memory chips, as well as wafer foundry and advanced packaging capabilities. This marks the first time Samsung has explicitly entered the joint R&D and production of next-generation chips. OpenAI’s first self-developed inference chip, Jalape?o, was launched in June this year, co-developed with Broadcom and manufactured by TSMC, with deployment planned for the end of the year. OpenAI noted at the time that Jalape?o is only the first generation, with multiple subsequent chip generations to follow.

9 minutes ago

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.

This site is protected by reCAPTCHA.

On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

9 minutes ago

OpenAI Partners With Samsung on Next-Generation Chips, Expanding Collaboration From Memory to Chip R&D

Beating AI News Flash: Harrison Kim, OpenAI’s head of Korea, said OpenAI is co-developing and manufacturing next-generation chips with Samsung Electronics, with clear progress made in the collaboration. He did not disclose details on the chip’s architecture, process technology, or mass production timeline. Previously, Samsung mainly served as a supplier in OpenAI’s chip roadmap. Last year, when both parties joined the Stargate Korea project, Samsung’s stated role was to provide OpenAI with advanced memory chips, as well as wafer foundry and advanced packaging capabilities. This marks the first time Samsung has explicitly entered the joint R&D and production of next-generation chips. OpenAI’s first self-developed inference chip, Jalape?o, was launched in June this year, co-developed with Broadcom and manufactured by TSMC, with deployment planned for the end of the year. OpenAI noted at the time that Jalape?o is only the first generation, with multiple subsequent chip generations to follow.

9 minutes ago

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.

This site is protected by reCAPTCHA.

Xiaomi’s Next-Gen Model MiMo-X Debuts: Pro and Flash Versions Launch Closed Beta Testing

Beating AI News Brief: Xiaomi has unveiled its new-generation MiMo-X series for the first time, with the initial lineup including two models: MiMo-X-Pro-Preview and MiMo-X-Flash-Preview. The public access point is the newly launched Xiaomi MiMo Desktop, available for free on a time-limited, limited-quantity basis to invited users. The company has not yet disclosed parameters, context window length, benchmark scores, or API launch timelines for the two models. The MiMo-X series is targeted at professional work scenarios such as complex reasoning, multi-agent collaboration, large-scale programming projects, Office, web and interaction design, video editing, 3D generation, music creation, and computer control. The MiMo Desktop can directly read materials like documents, spreadsheets, images, and videos, automatically break down tasks, call tools and browsers, and deliver editable outputs including PPTs, web pages, and apps; large tasks can also be split for multi-agent collaboration. Xiaomi teased its first MiMo desktop application and new models at an earnings conference three weeks ago, and both have now entered preview testing together.

10 minutes ago

4Stock’s narrative-aligned token STRATTON extends its rally, with market capitalization rising to $9.5 million.

According to GMGN data, the token of the Stratton Market project, STRATTON, has extended its rally, pushing its market capitalization to $9.5 million. The token has surged over 70% in the past 24 hours, with a 24-hour trading volume of $2.1 million. Notably, STRATTON was launched on September 3, and its core narrative is identical to that of the currently trending 4Stock. Stratton Market (STRATTON) is deployed on Robinhood Chain, merging "US penny stocks" and "meme launches" into a single strategy. Its key concept is to first convert micro-cap stocks listed on the New York Stock Exchange and Nasdaq into on-chain tokens (dubbed TICKERx in the project, examples include TOONx, DSSx, AIXIx) at a rate of one token per share, then use these stock tokens as quote assets to power launchpads for new meme tokens. BlockBeats reminds users that token prices are highly volatile, so investment requires caution.

10 minutes ago

Trader "Maji" is set to cut losses and liquidate his Bitcoin (BTC) long positions, with the position expected to incur a loss of $1.3 million.

According to Tradingbeats data, crypto figure "Big Brother Ma Ji" (Huang Licheng) is set to liquidate his 40x leveraged long Bitcoin (BTC) position, which now holds only 23 BTC. Notably, the unrealized floating profit from Ma Ji’s BTC long once reached as high as $1.6985 million on September 4, when he held around 553 BTC with an average entry price of roughly $79,196.5, while BTC’s hourly peak hit approximately $82,268. His current BTC long position has incurred a total loss of ~$1.0371 million, including cumulative trading fees of ~$167,800 and funding fees of ~$79,900. If he liquidates the entire position now, the total loss for this round is projected to be around $1.308 million. Notably, while cutting losses on his BTC long position, Ma Ji has been steadily adding to his HYPE long position. His HYPE long position has risen to 212,000 tokens, with a net addition of ~96,500 tokens in the past 24 hours, equivalent to a new nominal value of ~$8.1 million at current prices. The address currently holds a HYPE long position worth ~$17.77 million, using 10x leverage, with an average entry price of ~$87.37 and an unrealized floating loss of ~$749,800. His recent HYPE additions were mainly concentrated in the price ranges of $86.5 and $83.4 to $83.9.

10 minutes ago

A crypto whale spent $194,000 buying 4,013,000 units of 4Stock in the past hour, becoming the fourth-largest on-chain holder of the token.

According to monitoring by ai_9684xtpa, a whale heavily invested in Robinhood-themed meme coins and DeFi blue-chips with a portfolio size of roughly $4.5 million spent $194,000 to purchase 4.013 million 4Stock tokens over the past hour at an average cost of approximately $0.04833, making it the fourth-largest asset held on that wallet address’s chain. The whale had previously allocated to PONS, CASHCAT, UNI, AAVE, and FORM, marking this as its sixth investment pick. Notably, the address just opened a new position in FORM yesterday, and FORM saw a 22% surge at one point today.

10 minutes ago

China's AI computing power landscape redrawn: Over half of new data center projects flock to northern and northwestern regions

Beating AI News Brief: China’s new AI computing power is clearly concentrating in northern and northwestern regions. BloombergNEF’s latest statistics show that over half of China’s under-construction and planned data center projects are located in northern and northwestern areas, including Inner Mongolia. According to its forecasts, by 2028, these regions will surpass traditional data center hubs like Beijing and Shanghai to become the country’s largest computing power supply zone. By 2030, northern and northwestern regions are projected to account for roughly one-third of China’s operational data centers’ IT capacity. These areas attract data centers mainly due to cheaper land and electricity costs, plus favorable climates for heat dissipation. AI firms including DeepSeek and Zhipu are also building large-scale data centers here. However, not all computing power will move westward. Latency-insensitive tasks such as model training and cloud storage are better suited for the west, while latency-sensitive use cases like autonomous driving still need to be close to eastern users.

10 minutes ago

China plans to quadruple its AI computing power by 2030.

Beating AI Insight News Brief: China’s Ministry of Industry and Information Technology (MIIT) has released the "15th Five-Year Plan for the Development of the Information and Communication Industry," setting a national intelligent computing power target of 9,800 EFLOPS by 2030. Latest data from the National Data Administration shows that as of the end of July, China’s total intelligent computing scale reached approximately 2,450 EFLOPS (FP16). Calculated on this basis, the scale needs to expand roughly fourfold over the next four years. The plan also proposes the orderly deployment of 10,000-card, 100,000-card and larger intelligent computing clusters, construction of inference computing power for different scenarios, and increased adaptation of domestic computing chips. To date, China has built 52 intelligent computing facilities with over 10,000 cards. The MIIT disclosed that as of the end of June, the intelligent computing power scale stood at 2,185 EFLOPS, a year-on-year rise of 177%. The plan’s table uses 1,590 EFLOPS in 2025 as the baseline, targeting 9,800 EFLOPS by 2030, equivalent to an approximately 6.2-fold expansion. Meanwhile, the cumulative investment target for information infrastructure across the entire information and communication industry is 3.8 trillion yuan, which covers communication networks and other infrastructure—not all of it is allocated to AI computing power.

10 minutes ago

AMC’s stock-linked meme coin surged past $150 million in value in just five hours, prompting AMC’s CEO to issue an urgent halt and threaten to file a complaint against Robinhood with the SEC.

Today, the meme token project MEME listed on Robinhood Chain has suddenly become the market focus. The project’s full name is “A Meme Coin”, whose abbreviation is exactly AMC, and it uses the “MEME/AMC” trading pair, pairing the meme token with AMC Entertainment’s stock token in a single on-chain liquidity pool. According to GMGN data, MEME surged over 1,000% in a short time after launch, with its market cap once exceeding $150 million. Meanwhile, AMC’s underlying stock was also driven up, surging 21% in overnight and pre-market trading to around $3. The day before, AMC’s US stock closed at $2.54, with no major fundamental news released by the company that day. AMC CEO Adam Aron subsequently publicly criticized Robinhood on X, stating that AMC had not participated in, authorized, or endorsed such AMC stock-linked token products, and questioned their legality. Aron also said the company will hire external securities lawyers to review the matter and may file inquiries with the SEC. Robinhood CEO Vlad Tenev responded on X with “What’s the concern?”, further amplifying market discussions. BlockBeats has conducted a comprehensive review of this incident in its on-site article titled “The $150M Extreme Emotional Speedrun: AMC’s Short Squeeze Comes Full Circle Every 5 Years”.

8 minutes ago

New token launch platforms have emerged on Robinhood Chain, with pair.fund supporting a basket of stock tokens as liquidity pools; the platform’s native token market cap doubled in a single day.

Today, besides the meme token on the Robinhood chain that surpassed $100 million in market cap in a single day, other hot projects are also gaining traction. Among them, the new token launch platform pair.fund stands out. According to its official documentation, the platform allows users to issue ERC-20 tokens with a fixed total supply of 1 billion, select 1 to 5 listed Robinhood Stock Tokens (such as AAPL, TSLA, NVDA, SPY, etc.) as quote assets, and permanently lock liquidity on Uniswap V4. As of press time, data from GMGN shows that the platform’s native token PAIR has a market cap of $8.53 million, with a 24-hour increase of 91.37%. The largest token by market cap issued on the platform is CINEMA, which currently has a market cap of $3.52 million.

8 minutes ago

Gimlet Valued at $3 Billion: From Scheduling Different Chips to Building Its Own Data Centers

Beating AI News reports that AI inference startup Gimlet Labs has closed a new $300 million funding round, lifting its valuation to $3 billion. Andreessen Horowitz (a16z) led the round, with new participation from Arm and Microsoft’s M12. Gimlet operates a multi-chip inference cloud, which splits individual AI inference tasks across stages to run on the most suitable chips. The startup has secured funding at a rapid pace: roughly six months ago, it closed an $80 million Series A round; less than a year prior, it raised a $12 million seed round, bringing its total three-round funding to $392 million. CEO Zain Asgar noted the latest round was finalized quickly because the company received multiple unsolicited term sheets from investors. Originally focused on chip orchestration software, Gimlet has since expanded to assisting clients with data center construction and is building its own data center facilities. Different chips have unique requirements for cooling, temperature, and server configurations, so strong software alone is insufficient—entire data center rooms must be redesigned accordingly. For instance, prefill and decoding in AI inference have distinct demands: the former is more compute-intensive, while the latter relies heavily on memory bandwidth. Gimlet can assign these tasks to chips from different vendors. Arm is both an investor and partner in this round; the two parties will also collaborate to adapt Gimlet’s software to more Arm chips.

8 minutes ago

AMC stock-tied meme coin hits $150 million in value in just five hours; AMC’s CEO issues an emergency halt and threatens to sue Robinhood, filing a complaint with the SEC.

Today, AMC, a U.S. publicly traded company, saw its CEO engage in a debate with Robinhood’s founder over the legality and rationality of U.S. stock tokenization. Taking this as an opportunity, the meme coin "MEME"—backed by AMC stock—hit a "mythical" milestone of surpassing $100 million in market cap in a single day. Meanwhile, AMC’s post-market trading once surged over 20%. As of this afternoon, the latest development is that AMC CEO Adam Aron has demanded Vlad Tenev and Robinhood voluntarily halt AMC stock token trading; otherwise, AMC has retained external securities lawyers to explore whether it can take measures to force a stop. He also stated he will submit inquiries to the U.S. Securities and Exchange Commission (SEC) regarding Robinhood’s practices. In today’s BlockBeats article titled "The Extreme Emotional Rush of $150 Million: AMC’s Short Squeeze Comes Full Circle Every 5 Years," a quantitative analysis was conducted on the practical possibility of short squeezing AMC stock amid the MEME craze. The article notes that based on the current volume of AMC stock in MEME’s liquidity pool, achieving a short squeeze on the underlying stock is "still several orders of magnitude away." Due to time zone differences, as of press time, related events have temporarily cooled down: AMC’s pre-market trading gain has fallen back to 6%, and MEME’s market cap has also dropped below the $100 million mark. However, BlockBeats believes that if the incident continues to escalate, Robinhood’s founder firmly adheres to the crypto-stock meme route, and the debate between the two sides expands to a broader scope, MEME’s popularity and market cap keep rising, the crypto community may still potentially seize the pricing power of AMC’s underlying stock.

8 minutes ago

DeepSeek Splurges on Huawei Chips: 160,000 Ascend 950DT Chips Deployed in Inner Mongolia Supercomputing Cluster

Beating AI News Flash: Bloomberg cited people familiar with the matter that DeepSeek plans to deploy at least 160,000 Huawei Ascend 950DT chips at its AI data center under construction in Ulanqab, Inner Mongolia. If the plan is realized as scheduled, this will become one of the largest known Huawei AI chip clusters to date. DeepSeek also intends to purchase more chips, but Huawei’s production capacity cannot meet demand for now, with full delivery expected to take over a year. The 950DT chips will be used to run DeepSeek’s models; the company has no current plans to use them for model training. To date, DeepSeek still relies mainly on NVIDIA GPUs for core training. The 160,000 chips are only part of the overall project. DeepSeek previously planned to build a roughly 1GW-level AI data center in Ulanqab, and will rent additional computing power from other local operators.

8 minutes ago

ByteDance Secures $30 Billion Largest-Ever Loan: AI Cash Burn Hits Its Balance Sheet

Beating AI Express: ByteDance has secured a roughly $29.6 billion syndicated loan, setting a new company record and marking the second-largest dollar-denominated loan in Asia this year, trailing only SoftBank’s approximately $40 billion bridge loan. The firm had initially planned to borrow just $20 billion, but strong demand from participating banks pushed the total size up to nearly $30 billion. While the loan is not officially disclosed as being specifically for AI, with its stated purpose being general corporate use, ByteDance is sharply ramping up capital expenditure—focusing on expanding AI data centers and computing power infrastructure, while continuing to invest in models such as Doubao and Seedance, and expanding its enterprise-facing cloud business. Chinese tech giants’ AI financing activities are also continuing to scale up. Alibaba raised roughly $10.2 billion via a share placement last month, explicitly earmarking all proceeds for AI. ByteDance’s latest move, bringing its largest-ever loan to nearly $30 billion, signals that the AI race has evolved from competition in model capabilities to a battle over balance sheets.

8 minutes ago

Two major whales hold positions in PONS, with their unrealized gains all exceeding 100 times, and the highest return on investment reaching 1500 times.

According to EmberCN’s monitoring, as PONS’ market capitalization breaks through $700 million, the two addresses tied for the top spot in holdings have each posted unrealized gains of over $7 million, with the highest return on investment (ROI) reaching 1,500 times. Address 0x1bcc…1143 (ogle) bought 10.6 million PONS tokens with 5,000 USDC when PONS’ market cap was only around $470,000. It now holds 10.96 million tokens valued at approximately $7.6 million, generating an unrealized profit of roughly $7.59 million, equivalent to an ROI of about 1,500 times. The other address, 0x0a6e…0119 (Unipcs’ 'Bonk Guy'), purchased 10.96 million PONS tokens for $67,000 when PONS’ market cap stood at around $6.16 million, and has held the position ever since. Its current holdings are worth roughly $7.6 million, with an unrealized profit of approximately $7.53 million, and an ROI of about 112 times.

3 minutes ago

Hong Kong-listed smart driving concept stocks rallied, with Youjia Innovation surging over 10%.

According to Bitget market data, Hong Kong-listed smart driving concept stocks are rallying. Youjia Innovation (02431.HK) surged over 10%, Hesai-W (02525.HK) rose more than 8%, Pony.ai-W (02026.HK) climbed over 7%, Baidu (09888.HK) advanced more than 5%, and RoboSense (02498.HK) gained over 4%. On the news front, Tesla announced on September 3 local time that its Cybercab, an autonomous electric vehicle, has officially launched operations in Austin, USA. The company stated that the model, which has no steering wheel, pedals or rearview mirrors, will meet more mobility needs with higher operational efficiency.

3 minutes ago

ZEC rallied this morning to nearly $980, notching a more than 15% gain over the past 24 hours.

According to HTX market data, ZEC surged this morning to a high of $979.69 before pulling back to $938.20. The token has rallied over 15% in the past 24 hours, lifting its market capitalization to $15.766 billion.

3 minutes ago

The "Big Short" Michael Burry: Lululemon is his largest holding, and he will actively add to his position if the stock price drops below $100.

"Big Short" prototype Michael Burry stated in his column *Cassandra Unchained* that Lululemon Athletica is currently the largest holding in his investment portfolio. Burry referred to LULU as the "troublemaker" in his portfolio, and hinted he would buy aggressively if its share price falls below $100. He has added to his position multiple times before, with an average cost of around $120, and has repeatedly called the stock "shockingly cheap". Additionally, Burry previously noted that at current valuations, Lululemon could become an acquisition target for its founder or private equity funds as one potential long-term outcome.

3 minutes ago

Hong Kong-listed AI stocks are rallying, with MINIMAX rising more than 8% and Xunce gaining over 7%.

According to Bitget market data, Hong Kong-listed AI stocks are rallying. MINIMAX-W (00100.HK) rose over 8%, Xunce (03317.HK) gained more than 7%, while individual stocks including Kingsoft Cloud (03896.HK), Baidu (09888.HK), JD.com (09618.HK) and Meituan (03690.HK) also posted gains.

3 minutes ago

Multicoin Capital Reportedly Sells $112 Million Worth of HYPE, Projected Profit Reaches $64.08 Million

According to on-chain analytics account AI Yi’s monitoring, Multicoin Capital has reportedly sold a total of roughly $112 million worth of HYPE since July 28, generating an estimated profit of $64.08 million with a return of over 134%. Per the monitoring, the entity built a position of 4.95 million HYPE tokens from Galaxy Digital between January and July this year at an average price of $32.32 per token. As HYPE’s price continued to climb, Multicoin has been taking partial profits by transferring tokens to exchanges, with multiple recent HYPE transfers to Coinbase. The most recent transfer took place around 3 hours ago, involving approximately 150,000 HYPE tokens valued at roughly $12.78 million.

3 minutes ago

Lighter [LIT], the native token of the perpetual decentralized exchange (DEX), rallied over 15% in the past 48 hours. 

The latest pump lifted the token from below $3.50 to over $3.94. This raised hopes that $5 could be the next target if $4 is cleared. However, the token has struggled to crack above $4 despite an 110% explosive run in August.  

Ahead of the Fed rate decision on the 15th of September, the altcoin could extend its sideways structure below $4 despite strong traction on the DEX. 

Will Lighter crypto stay below $4, or eye $5? On the daily charts, the token has toiled below $4 since late August. Unsurprisingly, August’s mega rally was due for some cool-off as the Relative Strength Index (RSI) hit overbought territory. 

The ATR (Average True Range, red) has gone flat and begun trending downwards, indicating that the volatility seen in August has eased and tapered. Unless the metric shoots up with strong trading volume, any breakout above $4 could become a “fakeout.”

Source: LIT/USDT, TradingView The sideways thesis could be invalidated if the broader crypto market extends its recovery. In such a scenario, LIT could clear the $4 overhead hurdle and eye $4.50 or $5.1. 

Robinhood Chain improves Lighter crypto DEX growth The DEX saw $39B in perp volume in August, a slight increase from $36B seen in July. Part of the traction was from Robinhood integration. Lighter powers perps on Robinhood Wallet. The same infrastructure is behind the perps markets on Robinhood Chain, an Ethereum L2. 

Recently, the fintech firm said that perps volume on its platform from Lighter hit $7.3B in two months. This was one of the factors behind the mid-week LIT rally. 

Source: X That said, the DEX’s revenue rose 24% from $2.14M to $2.62M amid the renewed traction in August.

Over the same period, the DEX’s fees jumped by 30% from $2.7M to $3.5M. Since most of the revenue goes to LIT buyback, it could boost the altcoin’s uptrend prospects if the traction persists. 

Source: DeFiLlama Overall, Lighter has seen strong growth recently, partly due to Robinhood integration. But the token’s plan to clear the $4 overhead hurdle may depend on macro factors. 

Final Summary LIT surged 15%, but the $4 overhead roadblock persisted ahead of the Fed rate decision.  Lighter revenue increased by 24% to $2.6M in August and could boost LIT buyback.

Lighter faced rejection at $3.79 and dropped to $3.2. This marked a major pullback after five consecutive daily closes at higher highs.

As of this writing, Lighter traded at $3.4 after sliding 4.5% on the daily chart. Its Trading Volume also dropped 24% to $122 million, suggesting reduced market activity.

Did Cumberland’s LIT transfer increase selling pressure? It seemed that Lighter [LIT] retraced amid potential selling pressure from major market participants.

Onchain Lens reported that Cumberland had recently sold LIT on behalf of its clients.

Cumberland deposited 2 million LIT worth $6.94 million to OKX and Bybit through four 500,000-token transfers. Large transfers from liquidity providers such as Cumberland can attract market attention. They may also increase potential selling pressure.

Such transactions could contribute to short-term price declines if the deposited tokens enter the market.

Is LIT demand absorbing the selling pressure? Interestingly, although Cumberland is selling, other market players are buying. And it seems the pullback has created another buying opportunity.

Furthermore, exchange activity also echoes this spot buying activity. According to Coinglass data, Lighter saw $23 million in Spot Outflow compared to $21.93 million in inflows.

Source: CoinGlass As a result, Spot Netflow fell 755% to negative $1.07 million. A negative Spot Netflow indicated that more LIT left exchanges than entered them. That flow could signal accumulation if traders moved the tokens into private wallets.

Buying during a dip can absorb selling pressure and strengthen demand. That could create room for a potential recovery.

Onchain activity on the rise too Lighter’s on-chain activity also increased significantly.

According to DeFiLlama, Lighter’s Active Addresses climbed to a monthly high of 17,600. New Addresses rose to 743. The rising Address count suggested increased network usage and adoption.

Source: DeFiLlama The rising user base also brought about increased capital inflow into the network. Over the past 24 hours, the altcoin saw $20 million in USD Inflows, a clear sign of strong network activity.

What’s next? Although we have seen Cumberland sell LIT, the market demand remains steady. As a result, the altcoin’s bullish structure remains intact.

Lighter’s Stochastic Momentum Index (SMI) remained in the bullish zone near 64.

The SMI was falling while its signal line was rising. However, the indicators had yet to form a bearish crossover. That suggested buyers still maintained control of the market.

Source: TradingView The ADX DI with SMA indicator further confirms the above view. Therefore, if demand holds, the altcoin’s recent pullback will be short lived, thus  the altcoin will flip $3.7 and target $4.

However, if the selling activity from major players such as Cumberland continues, LIT will retest $3.1 support level.

Final Summary Cumberland deposited 2 million LIT worth $6.94 million to OKX and Bybit. LIT’s bullish structure remained supported by Spot demand and rising on-chain activity.

Three altcoins to watch this weekend share the same setup. Lighter (LIT), Zcash (ZEC), and Rain (RAIN) have each broken above multi-month highs and tagged their first Fibonacci extension target.

Each chart now asks the same question. The broken highs have flipped into support, while the 1.618 Fibonacci extension sits overhead as the next objective into the weekend.

AltcoinCurrent PriceNext ResistanceTarget if ClearedSupport if Price FallsLighter (LIT)~$3.39$3.79$3.98$3.30, then $2.76Zcash (ZEC)~$807$903$1,099$749.65, then $628.63Rain (RAIN)~$0.01766$0.01948$0.02214$0.01624, then $0.014203 Altcoins to Watch This WeekendLighter Extends Its Breakout Toward $3.98Lighter trades near $3.46 with a market capitalization of $865 million. The token has gained about 25% over the past week and roughly 57% over the past month.

The daily chart shows a clean breakout on Aug. 21 above $2.76, a level LIT had not traded through since January. That move followed a July tokenomics overhaul that introduced permanent supply reduction.

Price then cleared the 1.272 Fibonacci extension at $3.30 and now works toward the 1.618 extension at $3.98. That target sits about 15% above spot.

LIT daily chart. Source: TradingViewOn a pullback, the broken $2.76 level becomes the first support. An ascending trendline drawn from the mid-May low is converging with the same price level, strengthening the zone.

Below it, the long-term 0.618 retracement at $2.00 remains the deeper floor.

Volume expanded higher on each leg, including the August advance that followed the first revenue-funded burn. RSI has cooled from an overbought reading near 85 to just under 70 without printing a bearish divergence.

Zcash Stalls Under $900Zcash trades near $806 with a $13.6 billion market cap. ZEC has climbed roughly 75% in 30 days, extending a rally that began earlier this year.

The privacy coin broke above $749.65 and pushed into the 1.272 extension at $903.47 before sellers stepped in. Price has since settled back near $800, holding well above the breakout level.

The 1.618 extension at $1,099.14 marks the next upside objective, roughly 37% above current prices. ZEC still trades far below its record of $3,191.93, set in October 2016.

ZEC daily chart. Source: TradingViewSupport is stacked. The old $749.65 high sits first, followed by the 0.786 retracement at $628.63, which currently aligns with the 20-day moving average.

Bollinger Bands have expanded sharply, indicating a period of volatility rather than a range. Volume ticked higher on the breakout leg, and RSI holds near 70 with no bearish divergence. A newly listed Grayscale product tracking ZEC provides a fundamental backdrop for the move.

Rain Prints a Record High With Volume Behind ItRain trades near $0.01763 with a $12.35 billion market cap. Market data places its record high at $0.019464, reached on Aug. 25.

The RAIN chart offers the cleanest structure of the three altcoins discussed here. Price built a tight accumulation base through early and mid-August, roughly between $0.0121 and $0.0130.

That base formed directly on the 0.618 retracement at $0.01259, and volume rose steadily inside the range before any breakout occurred. Accumulation therefore preceded the move rather than chasing it.

RAIN daily chart. Source: TradingViewThe Aug. 26 candle cleared $0.01624 and wicked into the 1.272 extension at $0.01884. The 1.618 extension at $0.02214 now stands about 27% higher.

Support levels sit at the broken $0.01624 high, then $0.01420, then the accumulation shelf at $0.01259. RSI trades above 70 with no bearish divergence, which suggests momentum remains intact.

One structural risk deserves attention. Circulating supply stands near 709 billion tokens against a maximum of 1.15 trillion, so further unlocks could weigh on price.

According to an official announcement, Upbit will list the LIT/KRW trading pair, with trading expected to open at 13:00 local time on August 24.

Relevant content

Bessent targets the trillion-dollar "emergency fund pool" to buy US Treasuries, giving the short-term market a boost; Bitcoin, Ethereum, gold and US Treasuries all rally across the board.

After news broke that the U.S. Treasury may draw nearly $1 trillion in Treasury General Account (TGA) funds to support its recently announced expanded U.S. Treasury bond repurchase program, the market received a short-term boost. U.S. Treasury Secretary Scott Bessent said such operations could even exceed this new minimum level. However, the Treasury did not specify at the time how it would fund these purchases. Per HTX market data, Ethereum rose above $2,500, while Bitcoin broke through $78,000. Per BIT (bit.com) market data, U.S. stock index futures pared some losses: S&P 500 and Dow Jones futures are currently down around 0.1%, and Nasdaq futures are down roughly 0.4%. U.S. Treasuries extended their rally, with the 10-year Treasury yield falling 4 basis points to 4.70%. Per Bitget market data, spot gold climbed above $4,670 per ounce, up 1.47% on the day.

7 minutes ago

Jiang Zhuoer recapped his recent trading operations: He incurred millions of dollars in losses from shorting ETH recently, but also successfully shorted ETH at its peak when the price reached $2,525.

Jiang Zhuoer, founder of BTC.TOP (LeiBit Mining Pool), said in a recent post that two trades he made are worth summarizing. One was a short position on Ethereum (ETH): he entered at $1,834 and stopped out at $2,100, losing millions of dollars. This is his single largest loss since he began trading swing positions, with multiple mistakes made during the process. The other was a short position opened at $2,525 that took profit at $2,450, successfully catching the market top within less than 1% of the peak — a rare stroke of luck. He will conduct a detailed review of his prior trades later.

7 minutes ago

Ethereum surpasses $2,500, with a 1.6% gain in the last 24 hours.

According to HTX market data, Ethereum has surged past $2,500, posting a 1.6% gain over the past 24 hours.

7 minutes ago

US Treasury may deploy nearly $1 trillion to fund the expansion of its US Treasury bond repurchase program.

A senior U.S. Treasury official said the U.S. Treasury may draw funds from its General Account (TGA) — nearly $1 trillion — to fund the recently announced expansion of its U.S. Treasury bond repurchase program. Using the TGA would give the Treasury a powerful tool to influence long-term bond yields. Last week, the U.S. Treasury announced it would double the repurchase size of long-term non-newly issued bonds, raising it from $2 billion to at least $4 billion, a move that surprised markets. Treasury Secretary Scott Bessent said the actual operational size could even exceed this new minimum threshold. However, the Treasury did not disclose the source of the repurchase funds. Most market participants had previously expected the Treasury to raise funds by issuing short-term Treasury bills, though the senior official did not rule out this option. According to market data from BIT (bit.com), U.S. Treasuries extended their rally, with the 10-year Treasury yield falling 4 basis points to 4.70%.

7 minutes ago

Serenity remains heavily invested in AAOI, but the timing of its $600 million at-the-market offering is unfavorable. Production constraints and demand visibility underpin its holding stance.

Serenity remains bullish on optical communications stock Applied Optoelectronics (AAOI) but criticized the company’s at-the-market (ATM) equity financing. “We dislike AAOI’s over-reliance on ATM offerings, a principle that applied equally to IREN and POET before, and we will not treat AAOI differently,” the firm stated. Its sharpest criticism centers on timing: the roughly $600 million ATM should have been launched after the completion of 1.6T optical module qualification, a milestone expected in the coming weeks, or structured as convertible bonds priced above market value. Instead, the company rolled out the offering after its share price dropped from $220 to $130, and every subsequent use of the ATM will trigger short-term structural selling pressure and sustained stock price suppression. Serenity explained its core rationale for maintaining a heavy position in AAOI: the firm faces capacity constraints while demand visibility is very high, making AAOI more attractive than POET. “Investors can hold AAOI’s stock long-term without supporting every business decision of its management,” it said. “You can absolutely criticize the management’s financing pace while still holding its stock based on the supply-demand structure.” AAOI reported 86% year-on-year revenue growth in the second quarter, beating expectations, but its third-quarter guidance was weak. The latest ATM offering has further amplified market concerns over short-term valuation and liquidity.

7 minutes ago

Pakistan has rolled out its cryptocurrency regulatory framework, mandating digital asset firms to complete registration by September 5.

Pakistan’s Virtual Assets Regulatory Authority (PVARA) has announced the official launch of the country’s cryptocurrency regulatory regime. Digital asset companies must submit applications for No Objection Certificates (NOCs) by the September 5 deadline, or cease operations. PVARA noted that licensed entities must comply with strict operational and security standards, including safeguarding client funds, maintaining robust cybersecurity, providing clear disclosures, and upholding transparent business practices. The licensing rules under Pakistan’s Virtual Assets Act 2026 cover 11 crypto-related activities, including custody, trading platforms, brokerage dealers, and derivatives. Earlier, Pakistan’s State Bank lifted the ban on financial institutions providing banking services to crypto firms in April, though banks themselves remain prohibited from investing in, trading, or holding crypto assets. Pakistan had long adopted a restrictive stance on cryptocurrencies; the establishment of this regulatory framework signals a policy shift from restriction to regulation, aiming to integrate the crypto industry into the formal financial system within anti-money laundering (AML) and consumer protection frameworks.

7 minutes ago

Following the August 19 crypto market rally, Upbit has significantly accelerated its token listing pace. According to statistics, since the 21st, Upbit has listed eight projects consecutively, including the KRW trading pairs of established DeFi protocol CRV and perpetual DEX LIT. For new tokens, Upbit also promptly launched privacy infrastructure project Interfold (FOLD); its token has performed exceptionally well since listing, surging over 300% in four days. However, despite frequent listings of high-quality tokens, Upbit’s trading activity has not seen a notable uptick. As of press time, its 24-hour trading volume reached $1.087 billion, a 59.1% decrease from the previous day.

Relevant content

Bessent targets the trillion-dollar "emergency fund pool" to buy US Treasuries, giving the short-term market a boost; Bitcoin, Ethereum, gold and US Treasuries all rally across the board.

After news broke that the U.S. Treasury may draw nearly $1 trillion in Treasury General Account (TGA) funds to support its recently announced expanded U.S. Treasury bond repurchase program, the market received a short-term boost. U.S. Treasury Secretary Scott Bessent said such operations could even exceed this new minimum level. However, the Treasury did not specify at the time how it would fund these purchases. Per HTX market data, Ethereum rose above $2,500, while Bitcoin broke through $78,000. Per BIT (bit.com) market data, U.S. stock index futures pared some losses: S&P 500 and Dow Jones futures are currently down around 0.1%, and Nasdaq futures are down roughly 0.4%. U.S. Treasuries extended their rally, with the 10-year Treasury yield falling 4 basis points to 4.70%. Per Bitget market data, spot gold climbed above $4,670 per ounce, up 1.47% on the day.

7 minutes ago

Jiang Zhuoer recapped his recent trading operations: He incurred millions of dollars in losses from shorting ETH recently, but also successfully shorted ETH at its peak when the price reached $2,525.

Jiang Zhuoer, founder of BTC.TOP (LeiBit Mining Pool), said in a recent post that two trades he made are worth summarizing. One was a short position on Ethereum (ETH): he entered at $1,834 and stopped out at $2,100, losing millions of dollars. This is his single largest loss since he began trading swing positions, with multiple mistakes made during the process. The other was a short position opened at $2,525 that took profit at $2,450, successfully catching the market top within less than 1% of the peak — a rare stroke of luck. He will conduct a detailed review of his prior trades later.

7 minutes ago

Ethereum surpasses $2,500, with a 1.6% gain in the last 24 hours.

According to HTX market data, Ethereum has surged past $2,500, posting a 1.6% gain over the past 24 hours.

7 minutes ago

US Treasury may deploy nearly $1 trillion to fund the expansion of its US Treasury bond repurchase program.

A senior U.S. Treasury official said the U.S. Treasury may draw funds from its General Account (TGA) — nearly $1 trillion — to fund the recently announced expansion of its U.S. Treasury bond repurchase program. Using the TGA would give the Treasury a powerful tool to influence long-term bond yields. Last week, the U.S. Treasury announced it would double the repurchase size of long-term non-newly issued bonds, raising it from $2 billion to at least $4 billion, a move that surprised markets. Treasury Secretary Scott Bessent said the actual operational size could even exceed this new minimum threshold. However, the Treasury did not disclose the source of the repurchase funds. Most market participants had previously expected the Treasury to raise funds by issuing short-term Treasury bills, though the senior official did not rule out this option. According to market data from BIT (bit.com), U.S. Treasuries extended their rally, with the 10-year Treasury yield falling 4 basis points to 4.70%.

7 minutes ago

Serenity remains heavily invested in AAOI, but the timing of its $600 million at-the-market offering is unfavorable. Production constraints and demand visibility underpin its holding stance.

Serenity remains bullish on optical communications stock Applied Optoelectronics (AAOI) but criticized the company’s at-the-market (ATM) equity financing. “We dislike AAOI’s over-reliance on ATM offerings, a principle that applied equally to IREN and POET before, and we will not treat AAOI differently,” the firm stated. Its sharpest criticism centers on timing: the roughly $600 million ATM should have been launched after the completion of 1.6T optical module qualification, a milestone expected in the coming weeks, or structured as convertible bonds priced above market value. Instead, the company rolled out the offering after its share price dropped from $220 to $130, and every subsequent use of the ATM will trigger short-term structural selling pressure and sustained stock price suppression. Serenity explained its core rationale for maintaining a heavy position in AAOI: the firm faces capacity constraints while demand visibility is very high, making AAOI more attractive than POET. “Investors can hold AAOI’s stock long-term without supporting every business decision of its management,” it said. “You can absolutely criticize the management’s financing pace while still holding its stock based on the supply-demand structure.” AAOI reported 86% year-on-year revenue growth in the second quarter, beating expectations, but its third-quarter guidance was weak. The latest ATM offering has further amplified market concerns over short-term valuation and liquidity.

7 minutes ago

Pakistan has rolled out its cryptocurrency regulatory framework, mandating digital asset firms to complete registration by September 5.

Pakistan’s Virtual Assets Regulatory Authority (PVARA) has announced the official launch of the country’s cryptocurrency regulatory regime. Digital asset companies must submit applications for No Objection Certificates (NOCs) by the September 5 deadline, or cease operations. PVARA noted that licensed entities must comply with strict operational and security standards, including safeguarding client funds, maintaining robust cybersecurity, providing clear disclosures, and upholding transparent business practices. The licensing rules under Pakistan’s Virtual Assets Act 2026 cover 11 crypto-related activities, including custody, trading platforms, brokerage dealers, and derivatives. Earlier, Pakistan’s State Bank lifted the ban on financial institutions providing banking services to crypto firms in April, though banks themselves remain prohibited from investing in, trading, or holding crypto assets. Pakistan had long adopted a restrictive stance on cryptocurrencies; the establishment of this regulatory framework signals a policy shift from restriction to regulation, aiming to integrate the crypto industry into the formal financial system within anti-money laundering (AML) and consumer protection frameworks.

7 minutes ago

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.

This site is protected by reCAPTCHA.

South Korea-based cryptocurrency exchange Upbit has announced it will add the Lighter (LIT) token to its Korean won (KRW) trading market. According to the announcement, made on August 24, 2026, trading for LIT is scheduled to begin at 1:00 PM on the same day. The supported network for the token is Ethereum.

Upbit emphasized that users should carefully check network information before making LIT deposits and withdrawals. The exchange will only support LIT transfers made via the Ethereum network. It was stated that assets sent using different networks may not be reflected in the account and refund processes may take a long time.

Certain restrictions will also be applied at the start of trading for LIT. Accordingly, buy orders will be limited for approximately five minutes after trading begins. During the same period, sell orders placed at 10% or less of the previous day’s closing price will also not be allowed. Furthermore, the use of order types other than limit orders, such as market orders, and conditional orders will be restricted for the first approximately two hours.

According to Upbit data, LIT’s previous day closing price on the BTC market was 0.00004500 BTC. This value corresponds to approximately 4,803 Korean won.

Lighter operates as a protocol offering a decentralized perpetual futures market. Assets are held on the L1 platform in its order book-based infrastructure, while transactions are executed in the L2 environment. LIT is used within the protocol for staking and liquidity participation.

Token holders can obtain the participation limit for the Lighter Liquidity Pool (LLP) by staking a certain amount of LIT. Additionally, they can benefit from exemptions from transfer and withdrawal fees, as well as transaction fee advantages, at certain staking levels.

Upbit also warned users that transaction processing might be delayed if sufficient liquidity is not available.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

고객센터

공지사항혜택·이벤트업비트소식거래 이용 안내수수료 안내입출금 이용 안내입출금 현황시장경보 현황Open API 안내정책 및 거래지원 문의1:1 문의하기문의내역이용자 가이드카카오톡 문의(24시간)증명서 발급공시 안내공지사항

거래

NEW

라이터(LIT) KRW 마켓 디지털 자산 추가

안녕하세요. 가장 신뢰받는 디지털 자산 거래소 업비트입니다.

업비트에 아래와 같은 디지털 자산이 KRW 마켓에 추가됩니다.

 
   
   
   
   
 
 
   
   
   
   
 
디지털 자산마켓네트워크거래지원 개시 시점

라이터(LIT)KRWEthereum8월 24일 13시 예정

디지털 자산 입금 전 네트워크를 반드시 확인 바랍니다.
입출금 서비스 개시 이후, 일정 수준의 유동성을 확보하지 못하는 경우 거래지원 개시 시점이 연기될 수 있습니다.

※ 거래 제한 안내
업비트 BTC 마켓에서 제공하는 시세를 기준으로 거래 제한 가격이 결정됩니다.

매수 제한 : 거래 지원 이후 약 5분간 매수 주문이 제한됩니다.
최저 매도가 제한 : 거래 지원 이후 약 5분간 전일 종가 대비 – 10% 이하 가격의 매도 주문이 제한됩니다.
주문 타입 제한 : 거래 지원 이후 약 2시간 동안 지정가 주문을 제외한 모든 타입 및 조건의 주문이 제한됩니다.
전일 종가는 아래 표를 통해 확인 바랍니다.

 
   
     
     
   
 
 
   
     
     
   
 디지털 자산BTC 마켓 전일 종가LIT0.00004500 BTC (4,803 KRW)

※ 입금 유의사항
반영 불가한 입금은 반환 절차에 오랜 시간이 소요될 수 있으니 유의사항을 꼼꼼하게 확인하세요

업비트에서 거래지원하는 LIT의 컨트랙트 주소는 0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2입니다. LIT 입출금 진행 시 컨트랙트 주소를 확인 바랍니다.
트래블룰 이행을 위해, 입출금 가능 가상자산사업자 리스트에 포함 되어있지 않은 거래소를 통해 업비트에 자산이 입금될 경우
'본인 소유 확인'이 완료된 개인지갑 주소로만 입출금이 가능하며, 연동된 개인지갑을 통한 입금 건이더라도 해당 자산의 네트워크에 따라 입금 반환 처리를 해야 할 수 있습니다.
출처가 불분명한 고액의 디지털 자산 입금 시, 자금 출처에 대한 소명이 요청될 수 있습니다. (이용약관 제17조 제8항)

※ 추가 디지털 자산

가상자산 LIT는 이더리움 기반으로 발행된 유틸리티 토큰으로, 탈중앙화 영구선물 거래소 라이터(Lighter) 프로토콜에서 스테이킹과 유동성 참여 구조에 활용됩니다. 라이터는 주문서 기반 퍼페추얼 거래를 제공하는 인프라로, 자산은 L1에 예치되고 거래 실행은 L2 환경에서 처리되는 구조를 갖추고 있습니다. 거래량, 오픈 인터레스트 등 주요 지표는 온체인 데이터와 외부 플랫폼을 통해 확인할 수 있으며, 주문 매칭, 포지션 관리, 청산 및 펀딩 레이트 기능을 포함한 파생상품 거래 기능을 제공합니다. LIT 토큰은 스테이킹을 통해 LLP(Lighter Liquidity Pool) 참여 한도를 부여하는 방식으로 사용됩니다. 또한 일정 수량 이상 스테이킹 시 출금 및 전송 수수료 면제와 거래 수수료 혜택이 제공됩니다.

홈페이지 : 라이터 공식 홈페이지

X(구 트위터) : 라이터 공식 X

백서 : 라이터 공식 백서

✽ PC에서 해당 디지털 자산이 조회되지 않을 경우, 새로고침 (F5) 후 확인 부탁드립니다.

✽ 업비트 App에서 해당 디지털 자산이 조회되지 않을 경우, 더보기 > 화면설정 > 코인정보 다시 받기를 클릭 후 확인 부탁드립니다.

투자 위험 안내

• 디지털 자산 투자는 투기적 수요 및 국내외 규제환경 변화 등에 따라 급격한 시세 변동에 노출될 수 있습니다. 본 디지털 자산의 투자 판단의 책임은 본인에게 있으며, 발생 가능한 손실도 투자자 본인에게 귀속됩니다. 프로젝트 홈페이지 및 공시 자료 등을 면밀히 참고하시어 디지털 자산의 특성을 충분히 인지하시고 신중하게 거래해 주시기를 당부해 드립니다.

• 디지털 자산 거래의 특성상 국내외 거래소간 시세 차이가 지속적으로 발생하고 있습니다. 반드시 디지털 자산 투자 전 글로벌 거래소와의 시세 차이에 유의하시기 바랍니다.

• 업비트는 안정된 거래 환경 조성을 위하여 최소 주문 금액 제한 등 다양한 조치를 취하고 있으나, 과열된 투자 환경에 따라 일부 회원님에게는 주문 안정화 메시지가 노출 될 수 있습니다. 이는 먼저 주문한 회원의 주문을 처리하고, 안정적인 서비스를 위한 불가피한 조치이므로 이 점 유의하시기 바랍니다.

※ 가상자산은 고위험 상품으로 투자금의 전부 또는 일부 손실을 초래할 수 있습니다.

※ 가상자산의 투자 판단 및 그에 따른 원금 손실의 책임은 투자자 본인에게 있습니다.

※ 두나무 주식회사 준법감시인 심사필 제25-0156호 (25.09.22~27.09.21)

공유

50 minutes ago

This Thursday, the first meeting of the U.S. Commodity Futures Trading Commission (CFTC) Innovation Advisory Committee (IAC) was held, chaired by CFTC Chairman Michael S. Selig and other officials, with a large number of cryptocurrency founders and executives in attendance. As the crypto sector continues to rally, below are the gains of related cryptocurrencies and stocks: • Cryptocurrencies: LIT rose over 21% in 24 hours, hitting a market cap of $797 million; XRP gained over 20% in 24 hours, reaching a market cap of $96.57 billion; CRO climbed over 16% in 24 hours, with a market cap of $3.067 billion; UNI rose over 15% in 24 hours, hitting a market cap of $3.84 billion; LINK gained over 12% in 24 hours, reaching a market cap of $9.148 billion; OKB climbed over 10% in 24 hours, with a market cap of $2.469 billion; SOL rose over 8% in 24 hours, hitting a market cap of $56.107 billion. • U.S. equities: COIN closed up 8.20%, with a market cap of $49.203 billion; BTGO closed up 3.64%, reaching a market cap of $804 million; HOOD closed up 13.70%, hitting a market cap of $97.218 billion.

Scan the QR code

Download APP

Lighter’s [LIT] institutional activity continued to grow, with one institution depositing 3.35 million LIT valued at about $7.83 million into Lighter.

According to Onchain Lens, the institution had withdrawn most of those holdings from centralized exchanges during the previous week.  In particular, the institution removed 2.92 million LIT from OKX and another 468,620 LIT from Bitstamp.

Consequently, the movements reduced the institution’s exchange-held supply before its heavy Lighter deposit. The transaction, however, did not necessarily indicate a firming up of overall market demand. To sustain a recovery, spot buyers and general trader involvement were needed.

Spot inflows challenge the bullish narrative Despite the institutional positioning, LIT saw the Spot Netflows turning positive at around $609.78K as of press time.

The positive reading implies more inflows than withdrawals during the measurement period. As a result, this added more immediate selling pressure against the bullish scenario, thus creating some selling opportunities.

Importantly, this flow contrasts with the previous withdrawals from OKX and Bitstamp. But overall, the institutional activity curtailed holdings on those exchanges, and later, overall spot flows turned to net deposits.

Thus, there was a significant absorption test for demand at the prevailing price. If buying increases, it will offset the $609.78K inflow and keep LIT’s recovery structure in place. If the netflows remain positive, however, the exchange supply would be raised and could limit the upside potential.

Source: CoinGlass Binance traders keep leaning heavily long While the bulls were kept in check by oversold sentiment, derivatives positioning favored them, with Binance’s top traders showing a high level of long exposure.

According to CoinGlass analytics, Binance’s top traders accounted for 70.1% long positions and 29.9% short positions. At the time of writing, these figures translated to a Long/Short Ratio of 2.34, which was a sign of greater bullish positioning.

The positioning complemented the institutional activity by showing how whales had retained expectations for higher prices. However, the heavy long concentration also raised sensitivity to failed upside attempts around the resistance zone.

A price rejection will likely put pressure on overcrowded longs and reduce the demand of leveraged participants. Moreover, bullish sentiment remained much higher than bearish sentiment, provided the 70.1% long position remained.

Source: CoinGlass Can $2.23 protect LIT’s breakout structure? At press time, LIT traded near $2.302 after retreating 2.50%, leaving the price between $2.23 support and $2.431 resistance on the TradingView daily chart.

The pennant breakout structure remained intact as ENA price defended the $2.23 support zone. However, the weakening RSI reading introduced caution before another resistance challenge. The indicator reached 52.64, while its moving average stood higher at around 54.59. 

Nevertheless, the indicator was still sitting in the positive territory, though trending downward amidst the subdued buying activity over the consolidation period.

A solid move above $2.431 would solidify the breakout and may create a chance to move higher to $3.00. Such a move would require buyers to absorb exchange inflows while maintaining the current institutional and derivatives support.

Alternatively, losing the $2.23 support would weaken the breakout structure and expose the $2.00 price level. Hence, price confirmation remains necessary before the bullish positioning translates into sustained price expansion.

Source: TradingView Final Summary LIT’s institutional activity and 70.1% long positioning continued to favor the bullish side. Holding above $2.23 and reclaiming $2.431 could strengthen LIT’s path toward $3.00.

According to monitoring by The Data Nerd, a wallet belonging to the Lighter team transferred 1.87 million LIT tokens to a new address, valued at approximately $4.57 million. Analysts believe this move is likely just a routine treasury management operation.

Relevant content

Mitsubishi UFJ Financial Group plans to launch an instant settlement service for Japanese government bonds using blockchain technology.

Japan’s largest banking group Mitsubishi UFJ Financial Group (MUFG) plans to leverage blockchain technology to offer instant settlement services for certain Japanese Government Bond (JGB) transactions. According to reports, MUFG will carry out blockchain-based JGB repurchase transactions using tokenized money market funds and stablecoins, with the goal of shortening the settlement process for traditional securities trades. (Nikkei)

2 hours ago

Goldman Sachs forecasts core PCE at 0.23%, slightly above core CPI and market consensus.

Following the release of CPI data, market focus has shifted to the July core PCE figures set to be published on August 26. Goldman Sachs projects July core PCE to rise 0.23% month-over-month, a slight uptick from core CPI and market consensus. Specifically, portfolio management fees are forecast to climb 8 basis points, reflecting second-quarter stock market gains. The investment bank notes that upcoming methodological adjustments may trigger volatility in PCE readings and drag down the annual core inflation rate. Goldman Sachs expects August core inflation to hold near 0.2%, and anticipates the Federal Reserve will maintain interest rates stable through the end of the year.

2 hours ago

Bank of America announces $250 billion infrastructure investment plan

Bank of America announced a $250 billion infrastructure investment plan on Wednesday, pledging to invest in key U.S. infrastructure sectors over the next year. The plan covers multiple areas including data centers and computing power, renewable energy generation, energy storage, natural gas, power transmission networks, and critical minerals and mining, aiming to support energy security, job growth, and economic competitiveness.

2 hours ago

The USDC Treasury has minted 250 million new USDC on Solana.

According to on-chain data, the USDC Treasury minted 250 million new USDC tokens on Solana 10 minutes ago.

2 hours ago

Morgan Stanley maintains its overweight rating on SpaceX, with a target price of $600 under a bull market scenario.

Morgan Stanley reaffirmed its overweight rating on SPCX, setting a target price of $300, and a $600 target in a bull case scenario. Analyst Adam Jonas believes the market is underestimating SpaceX’s broader AI platform, including its computing, connectivity, and real-time data capabilities. The upcoming Grok model could help narrow this valuation gap. Jonas views the approaching lock-up expiration as an opportunity rather than a risk, offering a potential entry point for investors.

2 hours ago

SpaceXAI launches Grok 4.6

According to official announcements, SpaceXAI has officially launched Grok 4.6. The official statement notes that Grok 4.6 prioritizes enhancing the capabilities of long-running agents, as well as boosting performance in more complex interactive and visualization tasks. It can sustain work on multi-step complex tasks, including researching topics, analyzing information, collaborating across codebases, or translating ideas into complete applications or work deliverables. Grok 4.6 has achieved leading performance across multiple agent coding and knowledge work benchmarks, with its Artificial Analysis Intelligence Index score matching that of GPT-5.6 Sol.

2 hours ago

Table of contents

Cryptocurrencies are the latest currency of the world and widely accepted due to their smart way of use. According to CoinMarketCap, Pump.fun ($PUMP) surged 18.68% to become the weekly top performer among Altcoins in the crypto market. $PUMP trades at $2.00254 with a volume of $96531195.

Other projects in the list of top performers are given as: LayerZero ($ZRO), Bitcoin SV ($BSV), Curve DAO Token ($CRV), Lighter ($LIT), Zcash ($ZEC), Cosmos ($ATOM), Aerodrome Finance ($AERO), OKB ($OKB), and Mantle ($MNT), which show an upward trend towards growth.

Similarly, $ZRO is in the runner-up position with a 16.94% price increase and is currently trading at $0.8417. It has a volume of $17206483. The given figures for these projects show an attraction towards these cryptocurrencies. This means that users are actively utilizing these cryptocurrencies in daily life trading. This is provided by CoinMarketCap.

Bitcoin SV and Curve DAO Lead Weekly Crypto Gainers with Double-Digit Gains Bitcoin SV ($BSV) and Curve DAO Token ($CRV), both cryptocurrencies, experienced price increases of 16.60% and 15.99%, respectively. So, Bitcoin SV ($BSV) and Curve DAO Token ($CRV) are currently trading with new prices of $14.78 and $0.2375, with volumes of $6475235 and $40634024, respectively.

Additionally, Lighter ($LIT) is presently trading at $2.31 with a volume of $26763743 after a 11.61% increase in price over the last 7 days. Moving forward, Zcash ($ZEC) has a 10.64% increase in price value over the previous week, and currently emerges with a new price of $520.77 along with a volume of $253792614. These two cryptocurrencies have a central position among daily gainers over the past 7days, ranking.

Cosmos Outperforms as OKB and Mantle Register Solid Weekly Gains As per CoinMarketCap data, Cosmos ($ATOM) is making an effort with the current price of $1.37, after getting an increase in value of 9.63%, with a volume of $15206542. The next one is Aerodrome Finance ($AERO), which trades at a new price of $0.4225 after an 8.04% increase in price and has a volume of $8386208.

Moving further, OKB ($OKB) secures the 2nd-to-last position in the weekly gainer ranking with a 7.80% increase over the past 7D. It is currently available for trading at the price of $93.68 and has a volume of $34591266. Last but not least, Mantle ($MNT) got the last position in the weekly gainer ranking list, with a volume of $18397284 and a 7.49% increase in price over the last week. Mantle ($MNT) is trading at $0.4242. These values are noted at the time of writing this article.

AUTHOR

Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology.

Analyst: Bitcoin long-term holders are "surrendering", with an average holding cost of approximately $49,300.

CryptoQuant analyst Axel Adler Jr. published a post noting that Bitcoin’s Long-Term Holder Spent Output Profit Ratio (SOPR) has fallen to 0.92, a sign that long-term holders are capitulating. However, Bitcoin’s price remains 30% higher than this group’s average cost basis of $49,300, with primary selling pressure still centered on short-term holders.

9 minutes ago

Stripe’s Bridge secures Luxembourg approval to join the EU MiCA registration list

Stripe’s stablecoin infrastructure firm Bridge’s Luxembourg entity, Bridge Building, has joined the EU’s Markets in Crypto-Assets (MiCA) registration list after securing regulatory approval in Luxembourg. Per the latest update from the European Securities and Markets Authority (ESMA), Bridge’s addition brings the total count of MiCA-authorized e-money token (EMT) issuers on the EU registration list to 42. The development follows weeks after Bridge announced on July 2 that it had obtained Crypto Asset Service Provider (CASP) authorization under MiCA and an e-money institution (EMI) license from Luxembourg’s financial regulator. Mai Leduc Blount, Bridge’s product lead, noted that these approvals allow EU businesses to develop stablecoin and payment products under a regulated framework.

9 minutes ago

Bank of America: Market sentiment index hits the most extreme bullish level since 2021, investors should appropriately reduce their risk exposure.

Bank of America strategists have stated that investor bullish sentiment has reached extreme levels, signaling it is time to begin reducing exposure to risk assets. In a report, the team led by Michael Hartnett noted that the bank’s Bull & Bear Index has climbed from 9.4 to 9.7, hitting its highest point since 2021. They pointed to a broadening stock market rally, massive inflows into high-yield bonds, and narrowing credit spreads as the drivers behind investors’ optimism. The team favors defensive assets, arguing that these holdings help portfolios fend off potential negative shocks from the economy, monetary policy, and the artificial intelligence sector. Hartnett commented, “We are still in a summer ‘rotation/retreat’ phase, not a ‘reloading’ phase.” He advised investors to reduce allocations to risk assets, or shift to defensive assets, duration assets, and the U.S. dollar.

9 minutes ago

Donald Trump: Federal Reserve interest rate decisions are not entirely determined by Walsh.

When asked whether Federal Reserve Chair Kevin Warsh should avoid interest rate hikes ahead of the midterm elections, Trump said: "That depends partly on him, but not entirely. He has a highly politicized committee. It’s not entirely up to him; it’s decided by the committee. I think he’s very good. I won’t criticize him."

9 minutes ago

Goldman Sachs' long position ratio in Zhongji Innolight dropped to 11.6%

According to disclosures from Hong Kong trading platforms, Goldman Sachs' long position ratio in Zhongji Innolight (03308.HK) fell from 12.19% to 11.6% on August 4, 2026. Goldman Sachs' long position ratio in Luxshare Precision (02475.HK) rose from 17.66% to 20.27% on the same date.

9 minutes ago

Trump: AI Could Be Even More Important Than Oil

When asked about artificial intelligence, US President Donald Trump stated that AI could be more important than oil, noting that whoever wins the AI race will win everything, and highlighting just how significant the technology is.

9 minutes ago

Binance Wallet updates the bStocks Alpha trading volume reward mechanism: Certain assets are eligible for 4x rewards on designated trading days.

According to an official announcement, bStocks’ 4x Alpha trading volume reward mechanism will be adjusted starting at 00:00 UTC on August 8, 2026. Post-adjustment, trades of designated bStocks will earn 4x Alpha trading volume rewards from 00:00 UTC Monday to 23:59 UTC Friday, while trades of other bStocks will receive 1x rewards. From 00:00 UTC Saturday to 23:59 UTC Sunday, all bStocks trades will be eligible for a uniform 1x Alpha trading volume reward. The 1x/4x reward labels displayed for each bStock will be updated per the above UTC schedule. Users are advised to refer to these displayed labels before trading, as final Alpha trading volume is subject to system records.

1 seconds ago

Moscow Exchange plans to launch a digital asset custody system, which is expected to go live by the end of 2026 or early 2027.

Moscow Exchange (MOEX) is preparing to launch a digital custody system (digital depository platform) for crypto assets, a plan confirmed by multiple brokerage industry sources and individuals close to the exchange. The system will not be built on MOEX’s existing architecture, nor will it be integrated with Russia’s National Settlement Depository (NSD), but will operate as an independent infrastructure. The specific model is still under discussion, and Russia’s legal crypto market may eventually form multiple digital asset liquidity hubs, including Moscow Exchange and platforms operated by large financial institutions. Sources said the digital custody system is expected to launch by the end of 2026 or early 2027. Earlier, several major Russian banks—including Sber, VTB, T-Bank, and Alfa-Bank—also announced plans to build digital asset custody infrastructure. Under the plan, each brokerage client will hold an anonymous account in the digital custody system, essentially equivalent to an on-chain wallet address used to track investors’ crypto assets. Some market participants plan to conduct crypto trading exclusively through their own custody systems, while others are considering a hybrid model: trading on exchanges, with digital custody handled by banks or brokerages.

1 seconds ago

Morgan Stanley’s spot Bitcoin ETF MSBT has total holdings worth over $400 million.

According to the latest monitoring data from Arkham, Morgan Stanley’s spot Bitcoin ETF MSBT spent $7.21 million to add roughly 100.3 BTC to its holdings. As of now, its total Bitcoin position has crossed 6,300 for the first time, reaching 6,331 BTC valued at more than $406 million.

1 seconds ago

Coldcard hacker moves 30.185 $BTC ($1.94M) to new wallet after stealing 2,055 $BTC

The #Coldcard hacker, who stole 2,055 $BTC($130M), is active again. An hour ago, the hacker transferred 30.185 $BTC($1.94M) to a new wallet.

1 seconds ago

Spot gold breaks through $4,270, rising 0.71% intraday.

According to Bitget's market data, spot gold has broken through $4,270 per ounce, rising 0.71% on the day.

1 seconds ago

The hacker who stole 2055 BTC from Coldcard has resumed activity, transferring 30.18 BTC.

According to Lookonchain's monitoring, the Coldcard hacker who previously stole 2055 BTC (valued at approximately $130 million) has shown new suspicious fund movements. Around an hour ago, the hacker's address transferred 30.185 BTC (worth roughly $1.94 million) to a new wallet.

1 seconds ago

PUMP is today's top performer, followed by ZEC, LIT, and HYPE.

After testing the $62,000 support on a couple of occasions since August began, bitcoin has managed to weather the storm and now sits above $64,000 as markets expect a Strait of Hormuz deal to be announced today.

Most larger-cap alts have produced contracting performances over the past day. XMR, XRP, and XLM are in the red, while HYPE and ZEC have posted notable gains.

BTC Reclaims $64K The US Federal Reserve FOMC meeting brought some intense volatility to the crypto market, as BTC slumped from $65,600 to $62,800 before the event, and then jumped back to over $65,000 a day after it. However, the predominantly bearish market sentiment prevailed, and the asset was rejected at $65,300 on Friday morning.

The subsequent rejection was quite painful, as bitcoin dropped to $62,400 within hours. Its rebound attempt on Saturday was halted at $63,200, and it fell to $62,200 on Saturday evening for the first time in about a month. A more successful recovery took place on Sunday morning after US President Donald Trump called off the planned strikes against Iran.

However, another leg down followed on Monday with a fresh dip to $62,200. The bulls finally intervened at this point and helped BTC surge to $64,000 by the end of the day. Its recovery continued in the past 24 hours as it now sits above $64,000, as reports suggested an upcoming deal for the reopening of the Strait of Hormuz.

Its market cap has neared $1.290 trillion, while its dominance over the alts has climbed to over 57% on CG.

BTCUSD Aug 5. Source: TradingView HYPE, ZEC Jump ETH, BNB, and SOL are slightly in the green daily, while XRP, TRX, DOGE, RAIN, ADA, XMR, and XLM are all in the red. XMR and XLM stand out as the tokens with the most substantial losses.

In contrast, ZEC and HYPE have outperformed all other larger-cap alts. Zcash has risen by over 6.5% to $520, while Hyperliquid’s token has tapped $58. PUMP is the only double-digit gainer today, soaring by 12% to $0.0025. LIT, ONDO, and PI are also in the green.

The total crypto market cap has added another $30 billion daily, and is up to $2.260 trillion on CG.

Cryptocurrency Market Overview August 5. Source: QuantifyCrypto Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Tom Lee Says This Ethereum Project Could Be a Game-Changer

This week, the crypto market was mixed.

Bitcoin traded sideways while several altcoins saw strong price swings. A handful of tokens posted solid weekly gains, while others extended their losses after failing to hold key support levels. 

Overall, the week was driven by technical rallies, profit-taking, and continued rotation into select altcoins.

Lido DAO [LDO] nears a key resistance zone Lido DAO [LDO] led this week’s movers with a 16% rally. Notably, this comes after two straight weeks of upside, pushing LDO’s total gains to 25%. In just 21 days, the token has delivered a solid 40%+ recovery.

Why does this matter? Despite the recent move higher, LDO’s RSI is still far from the extreme overbought zone. This shows the rally has not yet entered a crowded phase, leaving room for further upside if momentum continues.

Technically, this suggests LDO’s move is more than just a random pump. The rally follows a sharp June sell-off, where LDO dropped toward $0.20 and broke below its Q1 lows. The current recovery shows buyers are stepping back in and attempting to reverse the previous downtrend.

Source: TradingView (LDO/USDT) If this momentum continues, a breakout toward the $0.40 resistance zone could be on the table. 

For context, LDO faced heavy selling pressure around this level during Q1, making it a critical area for bulls to reclaim. A successful breakout could strengthen the recovery narrative, while another rejection may trigger a period of consolidation as traders reassess the next move.

Is Pump.fun [PUMP] still far from reaching full FOMO? Pump.fun [PUMP] emerged as the second-biggest weekly winner with a 13% rally. While the RSI remains neutral and PUMP has seen strong trading volume in recent sessions, calling this a full-fledged breakout setup may still be too early.

For over two months, PUMP has been trading below the key $0.002 resistance zone, making this the most important level for bulls to reclaim. However, every weekly push higher has so far been followed by a sharp cooldown phase, showing that accumulation is still not strong enough to support a larger breakout.

In short, though, PUMP is showing early signs of recovery, the structure still needs confirmation. Until buyers can consistently defend higher levels and break through the $0.002 resistance, the token remains in a consolidation phase rather than a confirmed breakout trend. 

Venice Token [VVV]  sees a much-needed weekly relief rally Venice Token [VVV] took the third spot this week with a 12.3% rally. For VVV, this could be one of its most significant weeks since mid-Q2. From a technical standpoint, VVV has been stuck in a consistent downtrend over the past eight weeks, with every weekly close ending in the red.

However, this week’s gains have clearly pushed VVV back into the spotlight. More importantly, the recovery came right after VVV broke below the key $10 support level, suggesting buyers stepped in at a critical zone. In this context, the rally looks more strategic, with bulls attempting to defend lower levels and build a recovery base.

If this trend holds, VVV could have started its recovery phase. The next key challenge sits around $15, which will determine whether this rebound can turn into a stronger reversal or remain just a short-term relief rally.

Other notable winners Outside the majors, altcoin movers also stole the spotlight this week.

IOTA [SN9] led the market with a staggering 5,267% gain, followed by Akedo [AKE], which surged 874%, while TENDIES [TENDIES] climbed 615%, rounding out the week’s top performers.

Weekly losers Lighter [LIT] enters a textbook cooldown phase Lighter [LIT] led this week’s losses with a 16% decline. While LIT has seen similar pullbacks after strong weekly rallies since its mid-May breakout, this correction could be slightly different.

Notably, LIT’s drop comes after three straight weeks of upside, where the token rallied over 60% and reached a new all-time high of $2.70. More importantly, the breakout followed a successful retest of the $2 resistance zone, showing bulls were stepping in at key levels, a trend that has supported LIT’s Q2 rally.

However, this time, the RSI had climbed above 70, signaling an overheated move. The pullback toward 52 shows momentum has cooled, but it also suggests the market is resetting rather than  losing strength.

Source: TradingView (LIT/USDT) Technically, however, this marks LIT’s strongest RSI pullback since its Q2 rally. In essence, this cooldown could become an important setup for LIT’s next move. If buyers step back in and the RSI starts recovering, this reset could fuel another upside attempt. 

Otherwise, this could be the first real sign that LIT has formed a local top.

Pi Network [PI] broke below a key support zone  Pi Network [PI] emerged as the second-biggest loser this week with a 2.7% decline. While the drop looks modest compared to Lighter’s double-digit losses, PI’s chart looks much weaker, pointing to a stronger bearish bias.

Notably, this marks PI’s fourth straight week of losses. More importantly, the token broke below the key $0.10 support level, putting any near-term bounce under renewed selling pressure and printing a fresh all-time low.

Technically, PI remains firmly in a bearish structure. While the RSI has dropped into oversold territory, that alone doesn’t guarantee a recovery. Unless buyers reclaim the $0.10 level, any bounce could simply be a short-term relief rally rather than the start of a trend reversal, keeping PI as one of the weaker charts in the market right now.

Are Arbitrum [ARB] bulls losing their upper hand? Arbitrum [ARB] took the third spot among this week’s biggest losers. Unlike PI, however, ARB’s chart hasn’t fully shifted into a bearish structure. The pullback comes after two straight weeks of gains, during which the token rallied more than 25%.

However, this week’s decline followed ARB’s failure to break above the key $0.10 resistance zone, a level that has capped price since the early May cycle. The rejection shows bulls are still struggling to reclaim this area, allowing sellers to regain short-term control.

Technically, ARB is at an important inflection point. If bulls can reclaim the $0.10 resistance zone, the recent pullback could turn into a healthy retest. Otherwise, continued rejection at this level may keep ARB stuck in a broader consolidation phase and hand bears the upper hand in the near term.

Other notable losers In the broader market, downside volatility hit hard.

Cash Cat [CASHCAT] led the losers with a 72% decline, followed by LAB [LAB], which fell 66.5%, while ETHGas [GWEI] dropped 53.3% as bearish momentum intensified.

Conclusion This week was a rollercoaster for crypto. Big pumps, sharp dips, and nonstop action. As always, stay sharp, do your own research, and trade smart.

Final Summary Lido DAO [LDO], Pump.fun [PUMP], and Venice token [VVV] led the week in gains. Lighter [LIT], Pi  network[PI], and Arbitrum [ARB] saw significant declines.

CleanSpark’s US pre-market shares rise over 16% after securing a $6.6 billion, 20-year data center lease.

CleanSpark has signed a $6.6 billion, 20-year data center lease agreement with an unnamed global technology company, covering its data center campus in Sandersville, Georgia, U.S. The tech firm also secured exclusive rights to use CleanSpark’s Texas data center portfolio, with a maximum capacity of 885 megawatts (MW). Per market data from BIT (bit.com), CleanSpark (CLSK) shares jumped over 24% in Tuesday’s pre-market trading on the news, and were last up 16.42%.

3 minutes ago

IBM's pre-market decline in US stocks widened to over 20%

According to market data from BIT (bit.com), IBM’s pre-market trading on US equities has seen its decline widen to over 20%, as the company’s preliminary Q2 revenue and net profit missed market expectations.

3 minutes ago

Goldman Sachs' US shares rose more than 2% in pre-market trading, with its Q2 equity sales and trading revenue far exceeding expectations.

According to market data from BIT (bit.com), Goldman Sachs (GS.N) rose over 2% in pre-market US trading. The firm’s second-quarter stock sales and trading revenue stood at $7.42 billion, against an expected $5.02 billion; its second-quarter fixed income, currency and commodities (FICC) revenue reached $4.59 billion, up 32% year-over-year.

3 minutes ago

JPMorgan Chase posts a record quarterly profit, with stock trading revenue hitting $6 billion.

JPMorgan Chase has posted its highest quarterly profit ever, driven by stock trading revenue that far exceeded analyst expectations and a $4.6 billion gain from its long-held Visa Inc. stake. According to the bank’s Tuesday statement, second-quarter stock trading revenue jumped 86% year-over-year to $6.03 billion, topping even the highest analyst forecast. This pushed total trading revenue to $12.1 billion, surpassing the all-time high set in the first quarter of this year.

3 minutes ago

IBM drops over 12% in pre-market US trading, preliminary second fiscal quarter revenue misses expectations.

According to BIT (bit.com) market data, IBM’s US stock dropped over 12% in pre-market trading. The company’s preliminary second-quarter revenue reached $17.2 billion, against market expectations of $17.86 billion.

3 minutes ago

Binance: Alpha Blind Box Airdrop Now Open for Claiming, Points Threshold Set at 251 Points

According to official announcements, Binance Alpha’s mystery box airdrop is now live. The airdrop pool includes tokens from two projects: Orochi Network (ON) and Metaplex (MPLX). Users holding at least 251 Binance Alpha points can claim one token airdrop on the Alpha event page. After claiming, users will be assigned to different reward tiers and receive one of the following rewards: 315, 395, or 1125 ON tokens; 1038, 1298, or 3705 MPLX tokens. Rewards are distributed on a first-come, first-served basis. If rewards are not fully distributed, the point threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop consumes 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, the airdrop will be deemed forfeited.

3 minutes ago