Bitcoin Treasury Company purchased nearly 136,000 BTC via preferred stock financing, exceeding 0.5% of Bitcoin's maximum supply.
Fidelity data shows that as of October 5, 2025, bitcoin treasury firms including Strategy and Strive have used related preferred stock financing to purchase 135,979 BTC, accounting for over 0.5% of bitcoin’s total maximum supply. The market size of this type of preferred stock is approximately $120 billion.
Analysts note these firms face a balancing act between using perpetual preferred stock financing to buy bitcoin and sustaining dividend payments. Perpetual preferred stock has no fixed maturity date, easing refinancing pressure and attracting income-focused investors reluctant to hold bitcoin directly. However, as issuance scales up, dividend expenses will rise.
Analysts add that sustained financing for bitcoin purchases depends on preferred stock trading at or near par value; if it trades below par, new issuances will become less attractive, and firms may lean toward buybacks.
CoinShares Head of Research James Butterfill points out that Strategy’s latest weekly report shows the firm spent $193 million to repurchase STRC, bought only 267 BTC in the same period, and raised its preferred stock repurchase authorization cap to $30 billion. He says buybacks can reduce future dividend costs, but also compete with current bitcoin purchases for capital.
Bitwise Head of Research Ryan Rasmussen forecasts that ETFs will remain a larger source of bitcoin demand in the long run, while perpetual preferred stock caters to a distinct group of income-focused investors, providing a second stream of demand support.
Butterfill believes preferred stock could amplify market cycles: it supports bitcoin purchases when financing conditions are favorable, but that support weakens when market sentiment deteriorates.
2 hours ago
A crypto whale’s $214 million ETH long positions face liquidation risk, with liquidation prices set at $2256.45 and $2226.53 respectively.
According to Lookonchain’s monitoring, if the market continues to decline, a whale’s long position of 93,184 ETH (valued at approximately $214 million) may face liquidation, with liquidation prices at $2256.45 and $2226.53 respectively.
2 hours ago
Whale's $214M $ETH Long Position at Risk of Liquidation if Market Drops
Don't forget about this massive $ETH bull!
If the market keeps dropping, this whale's 93,184 $ETH ($214M) in long positions could get liquidated.
Liquidation prices: $2,256.45 and $2,226.53.
2 hours ago
Bitcoin fell below $80,000, altcoins saw sharp pullbacks, with Q plunging over 34% and PHA and CT both dropping more than 22%.
According to HTX market data, as Bitcoin pulled back below $80,000, altcoins saw sharp declines. The following tokens recorded notable 24-hour drops: Q is priced at $0.080162, down 34.35%; PHA at $0.0499, down 24.38%; CT at $0.1619, down 22.22%; SOPH at $0.001458, down 17.95%; FARTCOIN at $0.122, down 16.78%; "4" at $0.011367, down 14.99%; WLD at $0.462, down 12.80%; and PONS at $0.2239, down 12.30%.
2 hours ago
Machi Liquidated 5 Times in 1 Hour, Account Down to ~$5K
Machi (@machibigbrother) got liquidated 5 times in just 1 hour!
He now has only ~$5K left in his account.
2 hours ago
Ethereum falls below $2,300
According to HTX market data, Ethereum has fallen below $2,300, with a 4.31% decline in the past 24 hours.
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.
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.
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.
September 2026 was the month Zoomex turned its TradFi expansion into a full trading calendar. After crossing the 50-contract milestone for Stock Perpetuals at the end of August, the platform spent September widening the lineup, adding ETF-linked perpetuals to its TradFi Zone, relaunching Zero-Fee TradFi, and opening the Zoomex World Trading Championship 2026 (ZWTC 2026) with a prize pool of up to 5 million USDT.
The backdrop was far less calm. The U.S. Senate failed to advance the CLARITY Act, the Federal Reserve raised rates for the first time since 2023, and Bitcoin still closed the month higher. Beneath that noise, Zoomex’s verifiable reserves stayed multi-chain, stablecoin-anchored and openly trackable, which is exactly what Transparent by Design is meant to deliver. This report reviews Zoomex’s on-chain reserves, chain and token composition, and platform metrics as tracked through DefiLlama, CoinMarketCap and CoinGecko, alongside the product developments that shaped the month.
Zoomex Overview Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on Derivatives, serving over 3 million users across 35+ countries and regions and offering 700+ trading pairs. Its philosophy of easy-to-use, transparent balances and fair access to earnings shapes everything from its trading interface to the way it publishes proof of reserves. Zoomex has completed security audits conducted by Hacken and holds multiple regulatory registrations, including U.S. and Canada MSB, U.S. NFA, and Australia AUSTRAC.
September’s product story was the continued build-out of the TradFi Zone.
On September 1, Zoomex confirmed that its Stock Perpetuals lineup had grown past 50 contracts across four asset categories, timed with a Zero-Fee TradFi event that ran from August 28 to September 4. On September 8, the platform announced a further expansion covering more than 30 US and global equities across four categories, all margined and settled in USDT and trading around the clock. Two days later, Zoomex put the spotlight on TSLA and NVDA exposure through its rule-based derivatives offering, reinforcing Fair Access & Rule-Based Execution for every trader.
On September 18, ahead of the Federal Reserve decision, Zoomex highlighted its ETF-linked perpetuals, SPYUSDT, QQQUSDT, IWMUSDT, XLFUSDT, XLKUSDT and TQQQUSDT, available through the TradFi Stock Perpetuals section. The same day, it relaunched Zero-Fee TradFi, running from September 11 to October 11, 2026, which rebates 100% of actual trading fees on eligible stock contracts, commodity contracts and stock tokens, capped at 100 USDT per account.
On the competition side, Zoomex launched ZWTC 2026 on September 10 with a prize pool of up to 5 million USDT, its largest to date. The Squad Competition, with up to 2.5 million USDT in prizes and three separate leaderboards, opened on September 21 and runs until October 11 at 10:00 UTC. Alongside it, Zoomex Predict World continued to feature its established Long-Term event contracts, giving traders a longer-horizon complement to the 5 Minute, 15 Minute and 4 Hour markets. Together, these launches reflect a Refined Brand & Trading Experience built around one account and one rule set for crypto, equities, ETFs and commodities.
Exchange trade volume Zoomex’s exchange trade volume ranged from about $125M to $680M in September, with the month’s defining move arriving in its final third, according to CoinGecko. September volume ranged from roughly $125M to $680M, with the month’s low on September 13 and its peak on September 22. For scale, that peak sits at about two thirds of the $1.02B high recorded in August.
Source: Coingecko On the pair side, BTC/USDT strengthened its lead at 53.5% of volume, up from 43.4% in August, followed by ETH/USDT at 13.7% and USDC/USDT at 11.6%. ETH has therefore overtaken USDC/USDT for second place. SOL/USDT contributes 3.9%, HYPE/USDT and XRP/USDT 1.6% each, and ENA/USDT 1.5%, while a tail of other pairs accounts for 12.6%. As in previous months, 100% of volume settles in USDT by CoinGecko’s currency breakdown, underscoring its role as Zoomex’s near exclusive quote and settlement currency.
On-chain reserves Zoomex’s total on-chain assets stayed inside a narrow $34M to $38M band for the whole month, extending the durable step-up that began in August. DefiLlama’s CEX Transparency tracker shows reserves opening near $36M, easing to a monthly low of about $33.8M around September 10, rebuilding to roughly $36.5M by September 15, and reaching the month’s peak of about $38M around September 20. A pullback to roughly $35M followed by September 25, before assets climbed again to about $37M at month end. The live reading on October 13 stood at $34.9M.
Source: Defillama The contrast with the mid-year pattern is clear: there were no sharp spikes that unwound within days, and the base held. As always, this figure reflects verifiable cold and hot wallet holdings tracked by DefiLlama and sits alongside, not in place of, Zoomex’s separately maintained $50 million insurance fund.
Assets by chain Ethereum remains Zoomex’s largest chain by a wide margin, holding roughly $15.7M at month end versus about $16.5M on September 1, with a low near $15.1M around September 24. That is close to 42% of tracked assets. XRPL stays second at about $6.9M, after dipping to roughly $6.1M in mid-September and peaking near $7.4M on September 23. Tron fell from about $3.5M to around $2.0M by September 22, then jumped to roughly $4.0M by September 30, the largest late-month move among the major chains. Mantle rose from about $1.7M to $2.1M, Solana roughly doubled from about $1.0M to $2.0M, BSC slid from about $2.2M to $1.5M, while Base (about $1.45M) and Arbitrum (about $1.3M) stayed flat.
Source: Defillama The most unusual line is Bitcoin. Its balance sat near $0.8M until September 14, jumped to about $2.75M on September 15, climbed to roughly $3.3M by September 22, then fell back to about $1.6M on September 23 and $1.1M on September 24, ending the month near $0.95M. That round trip points to a temporary custody or settlement movement rather than a lasting reallocation, and it lines up with the BTC inflow and outflow bars in the flow data below. Zoomex’s reserves remain distributed across 14 networks, the same multi-chain footprint maintained throughout 2026, with OP Mainnet, Polygon, Vaulta, Doge and Sonic each holding under $0.5M.
Token balances Read in raw units rather than USD value, PEPE again dominates by count, but its trajectory reversed from August. The balance held near 8.7 billion units through mid-September, then stepped down to roughly 7.7 billion around September 17 and about 7.1 billion by September 20, a decline of close to 19%. Meme coin balances on an exchange typically mirror user activity rather than treasury decisions, so this looks like client withdrawals more than a deliberate reallocation. BONK stayed flat at roughly 2.5 billion units.
Source: Defillama TBY’s block-shaped presence continues to be the more interesting signal. It appeared at around 5.3 billion units in five separate windows, September 1 to 7, 10 to 11, 19 to 20, 24 to 25 and 29 to 30, and was absent in between. That on and off pattern is more consistent with temporary custody, a settlement cycle or a recurring product flow than with a held position.
USD inflows Source: Defillama Outside those windows, daily activity stayed shallow and mixed. Net flow across the month was slightly negative, yet total assets ended higher, which means price moves rather than deposits explain the stable balance sheet. The framing from August holds: movement was event-driven and concentrated in a handful of identifiable days, not the product of steady retail flow.
Inflows by token The token split shows what drove each of those days. The September 15 spike was almost entirely Bitcoin, at roughly $2.0M gross, and the September 23 outflow was the mirror image, with about $1.85M of BTC leaving, partly offset by roughly $0.4M of TRON inflow. That confirms the temporary Bitcoin build seen in the chain data.
Source: Defillama Stablecoins drove the rest. USDT left on September 1 (about $0.9M), September 19 (about $1.35M) and September 22 (about $1.6M), then returned on September 29, when roughly $1.65M of USDT arrived together with smaller USDC and TBY inflows. WETH was the one asset with clear accumulation, with inflows of about $0.85M on September 19 and $0.4M on September 20. XAUT recorded a small inflow of about $0.3M on September 2.
Token values (USD) Viewed by asset value, September was a rotation story. USDT started the month near $11.3M, held between $9.5M and $10.5M through September 18, then fell to about $8.6M on September 19, $6.9M on September 22 and a low near $6.6M on September 24, before rebounding to about $9.1M on September 30. At the same time, WETH stepped up from roughly $4.3M to around $6.1M between September 19 and 22 and held that level, which matches the inflow bars above. In other words, part of the stablecoin drawdown reappeared as ether exposure.
Source: Defillama XAUT slipped from about $5.35M to roughly $5.0M, a decline of around 7% that is largely a price effect, since gold retreated through September after its August high. Mantle’s MNT rose from about $1.5M to $2.0M, while ETH (about $1.6M), USDT0 (about $1.0M to $1.2M) and AAVE stayed broadly stable. The purple Bitcoin line shows the temporary spike to about $3.3M on September 22 and the return to under $1M afterwards.
Token breakdown The composition snapshot reads as liquidity first with measured diversification. USDT leads at 32.55%, followed by WETH (16.12%), XAUT (13.42%) and BTC (10.03%), which together account for roughly 72% of holdings. The rest is spread across MNT (4.55%), ETH (4.12%), USDT0 (3.48%), USDC (3.19%), AAVE (3.08%), TRON (1.71%) and an Others bucket of 7.73%.
Source: Defillama Several comparisons with August stand out. USDT rose from 27.96% to 32.55% and WETH from 12.45% to 16.12%, while XAUT eased from 14.94% to 13.42%. BTC jumped from 2.16% to 10.03%, which is consistent with the temporary Bitcoin build between September 15 and 22 rather than a strategic shift. Counting USDT, USDT0 and USDC, stablecoins make up about 39% of the portfolio, and ether exposure across WETH and ETH is about 20%.
Individual stablecoins USDT makes up almost all of Zoomex’s tracked stablecoin balance. USDT opened September near $10.4M and closed around $9.1M, with a mid-month trough near $6.6M. USDC edged down from about $0.9M to $0.75M.
Source: Defillama Total stablecoins Combined stablecoin holdings fell from about $11.5M on September 1 to a low of roughly $7.3M on September 24, a drop of around 36%, before recovering to about $9.9M on September 30. Net, stablecoins ended the month roughly 14% below where they started. Because total assets stayed in the $34M to $38M band, stablecoins slipped from about 32% of tracked assets at the start of the month to roughly a fifth at the trough, which reflects a shift in composition rather than a shrinking balance sheet. The late month rebound, which coincides with the $1.65M USDT inflow on September 29, suggests the rebuild was already underway as September closed.
Source: Defillama Platform community and user metrics Zoomex ended September 2026 with over 3 million registered users across more than 35 countries and regions. The platform’s Telegram community has grown from 76,277 members to 82,319, reflecting active engagement among Zoomex’s core retail trading base.
Zoomex’s daily active trader count consistently exceeds 1 million users according to independent review data, TradersUnion. The platform regularly adds new assets based on market demand combined with rigorous vetting, as of this report, Zoomex lists 486–495 cryptocurrencies and operates across 518–575 trading pairs depending on the market segment (spot or derivatives), a figure that has grown steadily through 2026.
ZoomexFounded in 2021, Zoomex is a global crypto exchange serving 3M+ users with 600+ trading pairs. Guided by the values of "Simple, User-Friendly, and Fast," Zoomex leverages a high-performance engine to ensure a fair, just, and transparent trading environment where every transaction is fully traceable and unbiased. With MSB (U.S./Canada), NFA, and AUSTRAC licenses and audits by Hacken, Zoomex provides institutional-grade security. Partnered with TGR Haas F1 Team and Emiliano Martínez, the platform mirrors elite precision and consistency, delivering a secure, low-barrier, and compliant ecosystem for traders worldwide.
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Disclaimer
This third-party press release is published substantially as received and does not reflect BeInCrypto's editorial views. BeInCrypto has not independently verified its claims or assessed the suitability, legality or appropriateness of any referenced asset, product or service; publication is not an endorsement. The content is general information, not investment research, financial, investment, legal or tax advice, a personal recommendation, offer or solicitation. Verify all information and seek professional advice where appropriate before acting. Crypto-assets may result in total loss.
According to Arkham’s monitoring, addresses linked to Abraxas Capital have recently increased their ETH collateral and lowered borrowing leverage. Late yesterday, the address transferred 20,000 ETH from Aave to Spark, then repaid approximately $55 million USDS; today, it borrowed an additional $10 million USDS, leading to a net reduction of around $45 million. Over the past week, this address has added a net 57,000 ETH in deposits on Spark, with 50,000 ETH moved over from Aave. During the same period, it borrowed a total of 93.38 million USDS and repaid roughly 93 million USDS, keeping its borrowing volume largely flat, while its health factor rose from 1.59 to 2.42. As of press time, the address holds approximately 140,800 WETH in deposits on Spark, with collateral value of about $350 million and total debt of around $124 million, translating to a borrowing leverage of roughly 1.55x. Based on current collateral and debt levels, a liquidation would be triggered if ETH’s price falls to approximately $1,028. Address: 0xed0c6079229e2d407672a117c22b62064f4a4312
Analysis: S&P 500 and Bitcoin have a 100% probability of rising within 12 months after the U.S. midterm elections.
According to statistics from XWIN Japan, in the 12 months following all 19 U.S. midterm elections since 1950, the S&P 500 index has risen, with an average gain of 15.4%. The third year of a U.S. president’s term has historically been its strongest performing period. In the crypto market, Bitcoin has posted gains of 24.5%, 44.9%, and 92.3% in the 12 months after the 2014, 2018, and 2022 midterm elections respectively. However, Bitcoin dropped 45.5% in the first month after the 2018 election. It should be noted that there are only three observed data points for the crypto market, which is insufficient to form a reliable pattern. Analysts suggest that after midterm elections are finalized, attention should be paid to whether yields stabilize, institutional buying persists, and regulatory progress is made. Political tailwinds may benefit Bitcoin, but sustained growth still requires favorable market conditions to align.
24 minutes ago
MyNearWallet will cease operations on October 31, and users are required to migrate to other wallets.
NEAR Protocol announced that MyNearWallet, a non-custodial wallet in the NEAR ecosystem, will cease operations on October 31, requiring users to migrate to a new wallet or access method. NEAR stressed that user assets remain stored on-chain and are not custodied by MyNearWallet, so the wallet’s retirement will not impact the on-chain assets themselves. The official advised users to perform a small test before migrating and retain their original wallet recovery information until all balances are confirmed as transferred. MyNearWallet will gradually transition to migration and recovery functions moving forward.
24 minutes ago
Bridgewater Associates founder Ray Dalio: The U.S. could face a debt crisis within three years.
Ray Dalio, founder of Bridgewater Associates, warned in a Bloomberg interview that the U.S. could face a debt crisis within the next three years as debt interest payments increasingly crowd out other federal government budget items. Dalio noted that the U.S. government collects roughly $5.5 trillion in annual revenue and spends around $7.5 trillion, with a fiscal deficit approaching $2 trillion. Currently, the U.S. federal government’s annual interest expenditure is about $1 trillion; when including maturing debt that needs refinancing, the total annual debt servicing and refinancing requirement amounts to roughly $11 trillion. Meanwhile, U.S. Treasury yields have continued to rise: the 10-year Treasury yield closed at 5.31% on October 5, while the 30-year yield hit 5.66%, further increasing the government’s financing pressure. Dalio recommended cutting spending, boosting tax revenue, and lowering interest rates to reduce the fiscal deficit as a share of GDP from around 6% to 3%. On asset allocation, he previously advised allocating 10% to 15% of a portfolio to gold, with bitcoin making up only a small portion.
24 minutes ago
Saudi Aramco unexpectedly cuts oil prices for Asia, with WTI and Brent crudes falling 2% intraday.
According to Bitget market data, both U.S. WTI and Brent crude oil extended their declines. Brent crude fell more than 2% intraday to $97.45 per barrel, while WTI crude dropped nearly 2% to $86.81 per barrel. On the news front, Saudi Aramco has cut its official selling price (OSP) for benchmark crude bound for Asia to its lowest level in six years, as Saudi Arabia and other Persian Gulf oil-producing countries ramp up competition for Asian market share. Meanwhile, oil shipments through the Strait of Hormuz are on the rise, further intensifying price competition among Middle Eastern exporters.
24 minutes ago
Binance Research: Bitcoin has confirmed a "golden cross", which may signal a strong market recovery.
Binance Research released its October market report, noting that despite the U.S. Federal Reserve’s first interest rate hike since 2023 and the failure of the CLARITY Act, the total cryptocurrency market capitalization rose 11% in September to $2.99 trillion. Spot Bitcoin (BTC) ETFs saw a net inflow of $3.49 billion that month, pushing their net flow in 2026 to positive territory for the first time on September 23. BTC confirmed a "golden cross" – where the 50-day moving average crossed above the 200-day moving average – on September 8, with the gap between the two indicators widening to around $7,500. Historically, such deep resets are often followed by strong recoveries.
24 minutes ago
New explosions reported in Saudi capital; Yemen's Houthi movement claims attack on Saudi airport.
Explosions were heard again in northern Riyadh, the capital of Saudi Arabia, on October 6. On the evening of October 5 local time and early this morning, the area near King Khalid Airport in northern Riyadh was attacked by Yemen’s Houthi armed group, with successive loud blasts reported. Yemen’s Houthi armed group said in a latest statement today that it had attacked Abha Airport in Saudi Arabia. Saudi authorities have not confirmed this report. (CCTV International News)
ENS official address sells another 1,097 ETH, worth approximately $3 million.
According to Lookonchain's monitoring, the ENS official address (ens.eth) sold 1,097 ETH again four hours ago, at an average price of roughly $2,743 per ETH, for a total value of approximately $3 million.
2 minutes ago
Bitcoin falls below $86,000, with its intraday gain narrowing to 1.31%
According to HTX market data, Bitcoin has fallen below $86,000, currently trading at $85,990.62, with its intraday gain narrowing to 1.31%.
2 minutes ago
ENS Domain Seller Offloads 1,097 $ETH ($3M) at $2,743
ens.eth(@ensdomains) sold another 1,097 $ETH ($3M) at $2,743 4 hours ago.
2 minutes ago
Data: Multiple crypto projects will see large VC and team token unlocks in Q4, with Monad expected to unlock tokens worth 131.6% of its current market capitalization.
According to CryptoRank data, the fourth quarter of 2026 will bring the first major token unlock after the initial cliff period for multiple crypto projects, affecting investors, teams, early supporters and other early participants, which may exert new pressure on token supply. Projected unlock values are as follows: MON at roughly $521 million, STABLE at ~$353 million, KITE at ~$119 million, LIT at ~$52 million, PIEVERSE at ~$46 million, and ALLO at ~$43 million. CryptoRank notes that Monad (MON) will see the largest unlock among these projects, valued at approximately $521 million, equivalent to 131.6% of its current market capitalization.
2 minutes ago
Jiang Zhuoer: The number of ETH queuing to exit staking has surged to 850,000, the highest level in 2026.
Jiang Zhuoer, founder of Letbit Mining Pool, posted an article noting that the number of Ethereum (ETH) tokens queued for Proof-of-Stake (POS) withdrawal has surged to 850,000, with the waiting time rising to 14.77 days—both the highest levels recorded in 2026. This signals that a group of coin holders view the current token price as relatively high, so they are selling to lock in profits.
2 minutes ago
Exploiter of NEAR Intents vulnerability transfers 1 BNB to recovery wallet, leaves message offering cooperation.
SlowMist Security’s Chief Information Security Officer 23pds published a post stating that Alex Shevchenko, General Manager of NEAR Intents, said the NEAR Intents exploit attacker transferred 1 BNB to a recovery wallet, leaving a message offering cooperation and requesting the other party to provide a Signal contact. This transfer originated from the same address that previously moved approximately $3.8 million in funds. About an hour ago, the same address also transferred 0.295 ETH on the Ethereum network, leaving the same message.
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.
US media: Trump once asked Grok about arresting Maduro and considered its performance "excellent".
U.S. Time magazine released a lengthy report on Donald Trump on October 1. The report noted that Trump has grown increasingly fascinated by artificial intelligence capabilities since returning to the White House. Last December, Elon Musk secretly returned to the White House Oval Office to meet with Trump, during which Trump spent hours posing questions about his presidential tenure and political legacy to Musk’s AI chatbot Grok. Trump also asked Grok how Venezuelan citizens would react if the U.S. arrested Nicolás Maduro. Grok replied that Maduro was deeply unpopular in Venezuela, with many Venezuelans likely to celebrate his downfall. The following month, Trump ordered the operation to arrest Maduro, and celebrations subsequently erupted on Venezuelan streets. Multiple officials disclosed that this incident led Trump to view Grok’s performance as excellent. (Jinshi)
9 minutes ago
Dolphin (POD) surges over 130% in a short time following its listing on Upbit.
According to GMGN market data, Dolphin (POD) has rallied over 130% following its listing on Upbit, currently trading at $0.682 with a market cap of roughly $338 million. Notably, the token’s 24-hour trading volume is just $3.1 million. Earlier, BlockBeats reported that South Korean exchange Upbit announced it would add support for Dolphin (POD) trading, opening pairs in KRW, BTC, and USDT. BlockBeats Note: Meme coins exhibit extreme volatility, largely driven by market sentiment and conceptual hype rather than tangible value or use cases. Investors should be mindful of the associated risks.
9 minutes ago
In the past hour, global crypto liquidations reached $121 million, with short positions making up the bulk of the liquidations.
According to Coinglass data, as Bitcoin surges past $86,000, it has climbed 1.35% over the past hour, with total liquidations across the crypto network hitting $121 million in the same period—including $2.55 million in long position liquidations and $119 million in short position liquidations.
9 minutes ago
OKX to list stock perpetual contracts for H100, ACN, NKE, BWET and SECZ.
According to an official announcement, OKX will launch H100, ACN, NKE, BWET, and SECZ stock perpetual contracts on its web platform, app, and API starting from October 2 at 17:30 (UTC+8). The specific launch times are as follows: H100/USDT contract: 17:30 (UTC+8); ACN/USDT contract: 17:45 (UTC+8); NKE/USDT contract: 18:00 (UTC+8); BWET/USDT contract: 18:15 (UTC+8); SECZ/USDT contract: 18:30 (UTC+8). All these stock perpetual contracts use USDT as the settlement currency, operate 24/7, and have an 8-hour funding rate settlement cycle.
9 minutes ago
Upbit Launches Dolphin (POD) Spot Trading
According to an announcement from Upbit, South Korea's largest cryptocurrency exchange, the platform will add trading support for Dolphin (POD), opening three trading markets: KRW, BTC, and USDT.
9 minutes ago
Broadcom is moving to raise $60 billion to fund chip purchases for Anthropic.
Beating AI News (Dongcha) Flash Briefing: According to people familiar with the matter, Broadcom’s Wall Street underwriting syndicate is in the process of raising a new $60 billion AI chip financing round, with beneficiaries including Anthropic and other firms. The sources noted that multiple banks involved in this massive debt package are set to send underwriting invitations for $42 billion in Class A senior secured debt. They added that Blackstone is leading the $18 billion Class B subordinated debt portion, with multiple funds under Blackstone committing to contribute $9 billion, and the remainder planned for external distribution. A Broadcom spokesperson declined to comment.
Yuga Labs' Vice President of Blockchain Quit issued a reminder that the Payment Processor V2 (PPV2) vulnerability attack remains ongoing. Even if users were not impacted in the September 25 incident, their assets could still be at risk as long as relevant authorizations have not been revoked, and he once again urged users to revoke authorizations immediately. Quit noted that roughly an hour ago, the address 0x3B13...3327 lost 0.15246 WETH in the subsequent block after accepting an offer and receiving funds. The attacker allocated 99% of the amount as a tip to Titan Builder, retaining only around 0.0015 ETH, making fund retrieval via front-running nearly impossible. Quit recommended that OpenSea consider checking whether users hold risky authorizations before they accept offers and requiring prior revocation; when transferring NFTs, the platform should also verify if the receiving address has relevant authorizations.
Pi Network scraps the "No MCP" label: MCP is now officially integrated, using Codemode to bypass old issues.
Beating AI Express News: AI coding tool Pi has officially integrated MCP in its version 0.99.0. The original "No MCP" label on its official site was crossed out and updated to "Now with MCP+Codemode". Pi has long openly criticized common MCP integration approaches. Last year, developer Mario Zechner found in tests that Playwright MCP’s 21 tool descriptions take roughly 13,700 tokens, while Chrome DevTools MCP’s 26 tools occupy around 18,000 tokens. He argued that an overabundance of tools wastes context window space, is difficult to combine, and the large volume of returned content directly enters the model’s context. This time Pi adopted a different integration strategy: MCP tools are not exposed to the model by default, instead managed via Codemode. The model can write JavaScript to call, combine, and filter tools in parallel, only sending necessary results back to the context. Tools can also be loaded lazily, no need to declare all upfront. Pi team member Earendil has not retracted prior criticism, noting many MCP servers still overload with excessive tools and text results, and the tool combination issue remains unresolved. Pi now retains MCP’s general interface, while using Codemode to avoid the usage patterns it was most dissatisfied with before.
10 minutes ago
A crypto whale has placed $45 million in buy orders for BTC and ETH.
According to TradingBeats monitoring, a large whale address on Hyperliquid placed 140 regular limit buy orders in batches this morning for BTC and ETH, planning to purchase 400 BTC and 5,000 ETH with a total order value of approximately $45.207 million. The address currently holds no crypto positions. BTC buy orders are concentrated in the $79,600–$81,695 range, totaling around $32.294 million, with the highest buy price roughly 1.9% below the current market price. ETH buy orders fall between $2,565 and $2,600, amounting to about $12.913 million, and their highest buy price is approximately 2.7% below the current price.
10 minutes ago
Solana ecosystem platform Metaplex has launched the permissioned RWA token standard MPL-3643 for the Solana ecosystem.
According to official announcements, Solana ecosystem tokenization platform Metaplex has launched MPL-3643, a new standard for permissioned real-world assets (RWAs) and tokenized securities tailored for the Solana ecosystem. The standard allows issuers to issue assets directly on Solana, removing the requirement for wrapped asset models. It embeds functions including transfer restrictions, lock-up periods, and compliance lifecycle management, and is built on Token-2022, sRFC 37, and the Solana Attestation Service. MPL-3643 is now in a limited open alpha phase.
10 minutes ago
Arthur Hayes projects ETH will rise to $10,000 by the end of the year.
BitMEX co-founder Arthur Hayes stated during Korea Blockchain Week (KBW) that he expects Ethereum (ETH) to reach $10,000 by the end of this year. The executive also expressed a bullish outlook on ETH’s future prospects in an interview with CoinDesk. As of now, ETH is trading at roughly $2,672.
10 minutes ago
SlowMist discloses investigation progress into Bitget's hot wallet theft, with the attack involving a vulnerability in a third-party security product.
SlowMist, a leading blockchain security firm, announced in a statement that Bitget has commissioned its security team to investigate the hot wallet asset theft incident that occurred on September 25. As of September 29, SlowMist’s investigation found the attack involved malicious activities targeting a third-party security product, the wallet application’s host, and a custom withdrawal tool developed by the attacker. The investigation revealed the attacker’s key attack methods: exploiting a zero-day vulnerability in the third-party product to carry out malicious operations; using an internal employee’s identity to gain unauthorized access to the third-party product’s management platform on September 25; obtaining and deploying a custom withdrawal tool tailored for the wallet’s withdrawal logic; on-chain activity began at 02:31 UTC+8 on September 25, with the attacker transferring assets across multiple blockchains over roughly 2 hours and 52 minutes; the attacker later attempted to alter withdrawal records and triggered additional BTC withdrawals. SlowMist noted that it is still investigating how the attacker performed lateral movement between the affected systems.
10 minutes ago
A crypto whale’s long PUMP position has multiplied its principal sevenfold, generating an unrealized profit of $2.1 million.
According to TradingBeats' monitoring, PUMP has surged 18.2% today. A whale on Hyperliquid holds 1 billion PUMP with 10x leverage, at an average entry price of $0.00358. The current position is valued at roughly $5.76 million, with an unrealized profit of approximately $2.18 million, translating to a return of around 608%. This latest rally has added about $888,000 to its unrealized profit, which remains unrealized. Currently, this address has a buy-the-dip order for PUMP placed at $0.00278, with a planned investment of around $16.3 million, and the order price is roughly 51.8% lower than the current market price.
Yuga Labs’ Vice President of Blockchain, Quit, released a statement saying that at 9 a.m. ET today, attackers exploited a vulnerability in Payment Processor V2 to steal 10 Meebits, 50 Otherdeeds, 10 WoW, and 235 Desperate Apewives. The incident was reported to the team more than 12 hours later, and a subsequent investigation revealed that a large number of NFTs faced similar risks. Quit noted that after contacting the LimitBreak team, the latter swiftly suspended the similarly affected Payment Processor V3. However, V2 could not be paused, and V3 on ApeChain was also temporarily un-suspendable. As a result, the team launched a white hat operation, transferring and securing a total of 23,155 NFTs valued at over $5.7 million. The team later discovered the same vulnerability could also be abused to steal WETH, with approximately 660 WETH at risk that could not be recovered in time. All rescued NFTs have now been moved to secure addresses; holders will be able to claim their assets after revoking authorizations for the vulnerable contract.
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Apia, Samoa, September 17 – HTX Research, the dedicated research arm of HTX, has released a new report titled Stock-Linked Memecoins: Issuance, Liquidity, and the Emerging AMM Stack, a systematic study of a new asset category that emerged following the launch of Robinhood Chain. These memecoins are paired directly with stock tokens representing names such as NVDA, TSLA, HIMS, and MU, using them as quote asset, narrative anchor, or liquidity base. The report finds that they combine public-equity price discovery, crypto attention, AMM inventory, and continuously traded sentiment into a single market structure — the short-term growth case holds, but durability depends on four conditions being met simultaneously.
A New Market Structure
A stock-linked memecoin is a second-order equity exposure. The stock token provides a first-order price anchor, while the memecoin trades the culture, events, and sentiment surrounding that stock, often with volatility far exceeding the underlying. It resembles an attention derivative on an equity theme rather than a legally structured equity derivative.
Robinhood Chain is unusually well suited to this experiment. Robinhood brings a recognized retail-equity brand and stock tokens carrying familiar company symbols rather than an abstract RWA narrative; Uniswap became a major liquidity venue from launch; and O1 Launchpad productized the process of selecting a stock token, creating a memecoin, opening a Uniswap v4 market, and allocating trading fees. As of September 8, 2026, DeFiLlama reported approximately $901 million in Robinhood Chain TVL and $1.727 billion in 24-hour DEX volume.
Multi-Hop Routing and Toll Collectors on Attention
Value capture extends beyond the memecoin itself. A trader buying a stock-linked memecoin may travel from WETH to USDG to a stock token and finally to the memecoin, with a single order generating fees for several pools along the way. During a short-lived attention spike, volume rises sharply while liquidity remains thin, and liquidity providers become the ecosystem’s most direct toll collectors on attention.
High fees, however, do not imply high net returns. Risks including out-of-range positions, one-sided inventory, impermanent loss, stock-market closures, stock-token premiums or discounts, and incentive-token depreciation can all outweigh headline fee income. As HTX Research emphasizes, fees are compensation for risk, not free interest — LPs bear the risk of continuously filling at the wrong price, while traders bear the risk of picking the wrong token.
The 100,000% APY Illusion
Market commentary has cited displayed APY above 100,000% for supplying high-fee Uniswap v4 liquidity to stock-linked memecoins. The report dismantles this figure, noting that a short observation window, sudden volume surge, small TVL base, and compound extrapolation are all it takes to display an extreme annualized rate. If a $100,000 position earns $200 in one hour, simple annualization produces approximately 1,752%, and hourly compounding turns it into an astronomical number. Annualized metrics also ignore denominator effects — when a memecoin collapses, dividing unchanged fees by a smaller ending TVL inflates the displayed yield.
The report proposes a more robust test: the fee-coverage multiple – realized fees and monetized incentives divided by losses relative to a simple hold portfolio, rebalancing costs, and hedging costs. Only a multiple above one indicates that market making has compensated for its risk. High APY still carries information value as a signal of dense order flow relative to effective depth, and professional LPs can treat it as a flow radar rather than a return promise.
Four Conditions and the Real Questions
HTX Research identifies four questions that will determine whether stock-linked memecoins evolve from an onchain experiment into a durable market structure:
Are Robinhood’s native users actually moving onchain? Do stock-token redemption and pricing remain stable during extreme moves and market closures? Does issuance from O1 and comparable platforms turn into markets with two-sided depth after seven and thirty days? Can AMMs preserve effective depth and organic volume as subsidies fall? If the answer to each is yes, stock-linked memecoins can become a high-volatility front end for the internetization of equities, with issuance platforms and AMMs forming a new market stack. If not, the current heat is more likely a temporary experiment driven by low float, heavy subsidies, cheap issuance, and transient attention.
Either way, 100,000% APY should never be the endpoint of research. As HTX Research points out, the relevant questions are who pays the fee, who carries the inventory, who can exit, who controls protocol parameters, and whether revenue survives after incentives stop. This reflects HTX Research’s consistent approach to emerging market forms — dissecting structure, fee attribution, and risk sources before drawing conclusions from headline figures. HTX Research will continue tracking issuance, liquidity, and user-composition shifts across Robinhood Chain and comparable ecosystems, providing structural analysis grounded in onchain data.
About HTX Research
HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics. Visit us.
Anchorage Digital Bank, recognized as the first federally chartered cryptocurrency bank in the United States, has expanded its digital asset custody services by adding Etherlink and seven tokens based on the Tezos layer-2 network. This new offering notably includes xU3O8, a token that provides direct exposure to physical uranium.
Expansion of Custody ServicesThe move allows Anchorage’s institutional clients to securely store and manage a variety of assets issued on Etherlink, an Ethereum Virtual Machine-compatible (EVM) layer-2 network that settles transactions on Tezos. Anchorage confirmed that these tokens are held in segregated accounts, benefitting from protections under the federal bank charter.
The assets now supported include wrapped XTZ (WXTZ), which mirrors the price of the Tezos network’s native coin, liquid staking token stXTZ, stablecoins USDT, USDC, USDSM, and wrapped Ether (WETH), in addition to xU3O8.
Etherlink enables users to deploy EVM-based decentralized applications (dApps) while benefiting from Tezos’s consensus mechanism and security. This network aims to foster broader adoption by bridging Ethereum-native tools and environments with Tezos’s infrastructure.
Mini dictionary: Etherlink is a layer-2 blockchain network compatible with the Ethereum Virtual Machine (EVM), allowing Ethereum-based dApps and assets to operate on Tezos infrastructure while utilizing Tezos consensus and lower transaction costs.
xU3O8: Tokenized Uranium ExposureThe xU3O8 token is designed to represent actual ownership of physical uranium, letting investors gain exposure to the commodity without the challenges of directly storing or handling it. Current data from CoinMarketCap places the token’s market capitalization at just over $9 million, reflecting moderate investor demand for this niche product.
According to Anchorage, direct exposure to physical uranium has long required the involvement of specialist intermediaries and typically came with lengthy settlement periods and significant minimum investment requirements. The company stated that tokenization allows for faster, more efficient settlement, reducing these periods from weeks to minutes for digital asset holders.
xU3O8 allows investors to gain exposure to uranium by holding a digital token backed by physical reserves, with Anchorage emphasizing the benefits of tokenization for faster and more flexible settlement.
Institutional Custody LandscapeAnchorage Digital Bank is regulated as a federally charted trust, focused on providing compliant custody infrastructure for institutional digital asset investors.
While Anchorage is one of the major crypto custody providers in the US, it is not the sole player in this space. In August 2025, Hex Trust, a digital asset custody specialist based in Asia, also integrated Etherlink, enabling custody solutions for xU3O8 and other associated assets. This points to growing institutional interest in tokenized commodities and multi-network asset safekeeping.
By expanding custody to Etherlink assets, Anchorage aims to attract a new wave of institutional participation in digital commodities and stablecoin markets within the Tezos ecosystem.
AssetTypeKey FeatureNow Supported By Anchorage?xU3O8Commodity tokenRepresents physical uraniumYesWXTZWrapped native coinMirrors Tezos’ XTZ priceYesstXTZLiquid staking tokenStaked XTZ for yieldYesUSDTStablecoinPegged to US dollarYesUSDCStablecoinPegged to US dollarYesUSDSMStablecoinPegged to US dollarYesWETHWrapped tokenMirrors Ethereum’s ETHYesThe development reflects a broader trend of integrating physical assets and commodities into blockchain-based investment vehicles, potentially expanding access and liquidity for both institutional and retail investors worldwide.
Sources: An explosion has occurred in Saudi Arabia's Jizan region.
According to Iranian media outlet Fars News, Arab sources said an explosion occurred in the Jizan region of Saudi Arabia.
24 minutes ago
Iran and the United States are exchanging views on negotiation plans and terms via mediators.
According to Saudi media outlet Al-Hadath, Iran and the United States are exchanging views on negotiation plans and terms via intermediaries. Iran has proposed new conditions to the U.S. for resuming talks, and stated that there is no need to withdraw from the memorandum of understanding (MoU) with the U.S.
24 minutes ago
Intel's gains widened to 10%
According to market data from BIT (bit.com), Intel (INTC.O) extended its gain to 10%.
24 minutes ago
The "Big Short" Michael Burry’s latest portfolio adjustment: Lululemon has become his largest holding, with short positions accounting for over 21%.
Michael Burry, the real-life inspiration for *The Big Short*, disclosed his latest portfolio adjustments via his Substack account today, stating that his largest long position is Lululemon, accounting for 17.4% of his portfolio, followed by MercadoLibre at 12%. The second tier includes Molina Healthcare and Temple & Webster, each making up 9%. Additionally, Burry holds long positions in Adobe, Zoetis, JD.com, HCA Healthcare, Flutter, Fannie Mae, Freddie Mac, Sprouts, PayPal, Veeva, Birkenstock, Build-A-Bear, and NVIDIA, with NVIDIA also used as a hedge. On the short side, Burry’s current short positions, ordered by size from largest to smallest, are iShares Semiconductor ETF, Micron, Nebius, CoreWeave, Oracle, Palantir, NVIDIA, Caterpillar, and Invesco QQQ Trust. Among these, his Invesco QQQ put option positions account for roughly 6% of his portfolio. Overall, his short positions make up over 21% of his portfolio, a figure that does not include put option positions, indicating he remains betting on valuation pressure for certain tech and AI-related assets. Furthermore, Burry has fully closed out his short positions in Tesla and Applied Materials, exiting both trades at a profit; he also sold all his SOXX put options and converted those positions into larger QQQ put options. Following the latest adjustments, Lululemon rose to his largest position after an increase, while his overall portfolio remains sharply split: bullish on select consumer and healthcare stocks, and bearish on certain tech and AI assets.
24 minutes ago
US Treasury Secretary: US Treasury bond repurchases aim to calm market "frenzy"
U.S. Treasury Secretary Scott Bessent said last month’s expansion of the U.S. Treasury’s repurchase program was aimed at calming the "frenzy" building in the bond market and pushing prices back to equilibrium. Bessent noted that while he cannot alter the market’s equilibrium price, he hopes to curb excessive speculation. He added that if investors were truly concerned about U.S. debt credit, they would sell U.S. Treasuries and buy German bunds, though current market behavior does not reflect such concerns. Bessent denied that the Treasury’s repurchase of Treasuries is equivalent to the Federal Reserve’s quantitative easing, explaining the measure is more similar to the Fed’s past "Operation Twist". The program’s expansion comes against the backdrop of the U.S. 30-year Treasury yield hitting its highest level since 2007.
24 minutes ago
Strategy has launched Bitcoin-themed Air Jordan 1 sneakers, priced at $250.
Strategy has launched a Bitcoin-themed Air Jordan 1 sneaker priced at $250, but its official website only supports bank cards and Apple Pay at checkout, not Bitcoin payments. Air Jordan is a high-end sports and lifestyle brand under Nike, founded in 1984 and named after NBA legend Michael Jordan, specializing in basketball shoes and sportswear. Previous reports noted that Strategy did not increase its Bitcoin holdings last week. As of September 7, 2026, Strategy holds 845,050 BTC.
According to GMGN market data, the on-chain token PONS on Robinhood Chain briefly exceeded $990 million in market capitalization this morning, hitting a new all-time high. It has since pulled back to $860 million, with a 28% 24-hour price gain and $109.2 million in 24-hour trading volume. PONS is the native token of Pons, a token issuance platform built on Robinhood Chain. The platform supports the creation and issuance of fixed-supply tokens, uses collected WETH fees to repurchase PONS, and directly burns the PONS fees it charges. Some community members view it as the Robinhood Chain equivalent of Pump.fun. BlockBeats reminds users that such tokens are highly volatile, so investment requires caution.
Fueled by the Meme craze, Uniswap’s daily transaction count has hit successive new highs, topping 9 million for four straight days.
According to Blockworks data, the Meme coin boom has driven Uniswap to hit all-time highs in daily transaction counts across multiple consecutive trading days. Over the past four days, Uniswap has recorded more than 9 million trades each day, far exceeding its previous levels.
17 minutes ago
Qwerty’s holdings of the token "Niu Lai" have posted over $2.1 million in unrealized profit, delivering a 10x paper return.
According to GMGN monitoring, crypto KOL Qwerty (@Quanterty) has an unrealized profit of approximately $2.16 million from his Bull Run-related holdings, with a paper return of around 10x. As previously reported, crypto executive He Yi follows Qwerty's account, and the KOL today called for the Bull Run to sweep across the globe.
17 minutes ago
Bonk Guy: PONS remains severely undervalued
Well-known trader Bonk Guy posted that PONS remains the most worthy trade to participate in this cycle. Based on its circulating market cap, it is still severely undervalued, which is truly incredible.
17 minutes ago
If agents are already operating on the public internet, isn’t that a security incident? OpenAI plans to revise its disclosure rules.
Insight Beating AI Flash News: OpenAI has responded to the Wiki incident exposed yesterday. The AI agents in question began writing content on public wikis back in May, and later even shared answers and discussed methods to bypass restrictions—though the incident was not previously disclosed separately. OpenAI explained that in the past, it had categorized such model "deviations" as research issues, typically including them in research materials like system cards rather than releasing them as standalone security incidents. The company also drew a comparison to the July Hugging Face incident: that event impacted the cybersecurity of both OpenAI and third parties, so it was handled as a traditional security incident; the Wiki incident was classified as model behavior deviating from expectations, hence no separate incident report was issued. Now OpenAI admits this approach is no longer adequate. A new development this year: model "deviations" are no longer just experimental anomalies, but have started affecting real websites and third parties. However, there is currently no unified industry standard to define at what severity such incidents require public disclosure. OpenAI said it will release a new disclosure framework in the coming weeks, specifically outlining how to communicate externally about agent out-of-control or boundary-crossing incidents, and is currently discussing these rules with dozens of regulators globally.
17 minutes ago
Analysis: August non-farm payrolls appear strong on the surface, but underlying growth is only around 60,000, raising the probability of a Federal Reserve interest rate hike this year.
Analysts said that U.S. non-farm payrolls rose by 162,000 in August, significantly exceeding the market expectation of 56,000, with a total upward revision of 55,000 to the prior two months’ data. Specifically, July’s non-farm payrolls were revised from a decrease of 23,000 to an increase of 21,000. However, after excluding one-off factors such as the rebound in leisure and hospitality employment and government education sector hiring, August’s underlying employment growth was around 60,000, meaning the overall labor market is not as strong as the headline figures suggest. The report noted that the August unemployment rate held steady at 4.1%, the labor force participation rate rebounded to 61.6%, and the broad U-6 unemployment rate fell from 7.9% to 7.7%, indicating that returning labor supply was absorbed by corporate demand, with an improvement in employment quality. Yet year-on-year growth in average hourly earnings slowed further to 3.1% from the prior reading of 3.2%, lower than July’s 3.4% CPI growth, signaling the labor market has not re-heated. Regarding Federal Reserve policy, GF Macro stated that August’s non-farm payroll data refuted both extreme narratives of a “jobs collapse” and a “re-overheating labor market,” but objectively raised the probability of a rate hike this year, as the labor market’s resilience has reduced concerns about further policy tightening. However, whether the Fed will raise rates in September will still depend mainly on the upcoming August inflation data. In markets, following the data release, the implied probability of a September rate hike from the FedWatch tool rose from 50% to 58.6%, with 2-year and 10-year U.S. Treasury yields increasing by 4 basis points and 1 basis point respectively to 4.37% and 4.78%. Major U.S. stock indexes closed slightly lower, but the AI hardware sector bucked the trend, with the Philadelphia Semiconductor ETF (SOXX) rising 3%.
17 minutes ago
Meme coin WALLET surpasses $26 million in market capitalization, hitting a new all-time high.
According to GMGN market data, the Robinhood ecosystem meme coin WALLET has hit an all-time high with a market cap exceeding $26 million. Its 24-hour gain has widened to 105.8%, while trading volume over the same period reached $1.6 million. The token was issued via Noxa on July 10, and its deployer wallet is associated with funds from Robinhood CEO Vlad Tenev’s demo wallet as well as interactions with product manager Seong Lee. BlockBeats reminds users: Most meme coins lack real use cases and are highly volatile. Please protect your assets and refrain from FOMO.
A crypto whale withdrew 824,350 HYPE tokens from Coinbase, valued at approximately $67.52 million.
According to monitoring by OnchainLens, a HYPE whale has withdrawn a total of 824,350 HYPE tokens from Coinbase over the past 17 hours, equivalent to roughly $67.52 million. The wallet has now cumulatively withdrawn around 865,840 HYPE tokens from Coinbase, with a total value of approximately $70.64 million.
3 minutes ago
Hyperliquid officially announces HIP-3*: opens the door for compliant institutional-grade participants, offering an optional whitelist mechanism.
Hyperliquid has issued an API announcement stating that it will introduce an optional deployer configuration feature for HIP-3 in an upcoming network upgrade, collectively named HIP-3*. The core functionality allows deployers or their sub-deployers to manage on-chain whitelists and set access permissions for specific markets, enabling the creation of "permissioned markets". This feature is strictly an incremental addition to HIP-3, fully optional, with deployers deciding independently whether to adopt it—no impact on existing markets. The initial version of HIP-3* is now live on testnet; the testnet is a preliminary build and will be adjusted based on community feedback. Hyperliquid emphasized that it remains a neutral infrastructure layer, with the goal of supporting large-scale deployment of financial systems. HIP-3* is designed to provide deployers with additional functionality to operate their deployments while complying with their respective applicable regulatory requirements. Consistent with HIP-3, HIP-3* deployers are independent operators that use Hyperliquid as the on-chain infrastructure layer for their own markets, retaining full control and responsibility over their deployments. This design allows Hyperliquid to maintain its permissionless core while opening access to institutional participants that require a compliance framework.
3 minutes ago
PONS: Cumulative trading volume surpasses $5 billion, with $400 million in trading volume logged over the past 24 hours.
Robinhood’s chain token launch platform PONS announced that its cumulative trading volume has surpassed $5 billion, with trading activity on the platform continuing to grow. The platform recorded a 24-hour trading volume of $400 million, and over 63% of the total trading volume on the Robinhood Chain Launchpad during the same period was executed via PONS. Per GMGN market data, PONS’s market capitalization has exceeded $550 million, hitting a new all-time high, with an 83% 24-hour price increase and a 24-hour trading volume of $81.7 million.
3 minutes ago
Former NBA star Omri Casspi has closed the $250 million fundraising for his third fund, Swish Ventures, bringing the firm’s total assets under management (AUM) to approximately $800 million.
Omri Casspi, the first Israeli player to play in the NBA, has raised $250 million for the third fund of his venture capital firm Swish Ventures, bringing its total assets under management to approximately $800 million. The new fund plans to invest in around 12 startups, with an average deal size of roughly $20 million, focusing primarily on four sectors: cybersecurity, artificial intelligence, defense, and infrastructure. It targets seed and Series A stages, and can either co-lead rounds with other funds or participate as an investor in financing rounds. The firm also operates an opportunity fund to continue adding to its existing portfolio companies in later growth stages. Swish Ventures has become an active player in Israel’s venture capital ecosystem, with a portfolio spanning multiple cybersecurity and deep tech sectors. Casspi gradually transitioned to a tech investor after retiring from professional basketball.
3 minutes ago
BUN hits an all-time high market capitalization of over $28 million just 19 hours after its launch, with trading volume reaching $10.2 million.
According to GMGN data, the market capitalization of Meme token Bundle Cat (BUN) on Robinhood Chain has surged past $28 million, hitting an all-time high. In its first 19 hours of trading, BUN recorded a trading volume of $10.2 million. Bundle Cat (BUN) is the mascot of Mosh, Robinhood Chain’s not-yet-fully-launched experimental token issuance framework, and marks its first test run. Mosh is a protocol layered on top of the Robinhood Chain launch platform, promoting a fair launch narrative centered on "community lockups + AI market making". Note: This token is not equivalent to a finalized governance token; its official endorsement remains to be seen, and investors should exercise caution. BlockBeats reminds users that Meme tokens often have no real use cases, exhibit high price volatility, and require careful investment consideration.
3 minutes ago
China's 'Four Little Dragons of Domestic GPUs' Suyuan Technology IPO Subscription Lottery Results Released
Lottery results for new share subscriptions of Shanghai Suiyuan Technology, one of China's "Big Four Domestic GPU Players", have been released. A total of 20,657 winning numbers are available, with the following trailing digits for winning codes: 4 trailing digits: 5108, 0108 5 trailing digits: 27023, 52023, 77023, 02023 6 trailing digits: 175122, 375122, 575122, 775122, 975122 7 trailing digits: 4119570, 6119570, 8119570, 2119570, 0119570 8 trailing digits: 44829621 Before the clawback mechanism was activated for this offering, the initial offline issuance volume stood at 27.542639 million shares, accounting for approximately 80.00% of the total issuance after deducting initial strategic placements. The initial online issuance volume was 6.8855 million shares, making up roughly 20.00% of the adjusted issuance base.
Robinhood Chain processed more than $1.06 billion in decentralized exchange (DEX) volume over 24 hours, its first billion-dollar day. Three meme coins drove much of that activity.
The network launched on July 1 to host tokenized stocks. Two months later, speculative tokens and the launchpads minting them account for most of its traffic.
Robinhood Chain Volume Sets a Record Above $1 BillionDune data shows the chain’s daily DEX volume peaked near $800 million during its July launch week. Activity then bled away through August, bottoming between $150 million and $200 million.
Robinhood Chain DEX volume / Source: DuneThe recovery began around Aug. 21. Volume has climbed almost vertically since, passing the $874.8 million record set on Aug. 30.
Robinhood Chain DEX volume over the last 24 hours at $1.06 billion / Source: DuneThat timing matters. PONS, AI, and CASHCAT all broke out of long consolidations inside the same 72-hour window. That window ran roughly Aug. 21 to Aug. 24, which makes the coins and the volume recovery one event rather than two.
The chain processed 5.52 million transactions on Aug. 30. Meanwhile, Pons, GMGN, and Uniswap together captured close to 88% of application revenue, according to DefiLlama.
PONS Price Climbs 20% to $0.42 After an 11x RunPons (PONS) trades at $0.443, up 20.4% in 24 hours, with a market cap near $300 million. That ranks it 133rd by capitalization.
The chart explains the move. PONS drifted between $0.030 and $0.045 for three weeks before Aug. 23. It then ran roughly 11x to a high just under $0.49.
PONS 4-hourly chart / Source: CoinGecko TerminalIts launchpad minted about 22,600 tokens in a single day. However, PONS is the most extended of the three, and its latest four-hour candle closed 8% below the high.
Artificial Inu Trades Against Tokenized NVDAArtificial Inu (AI) is the structurally unusual one. CoinGecko Terminal shows that pool near $0.185 after starting August below one cent. The token holds more than $3.3 million of liquidity against NVDA, roughly triple the depth of its WETH pool.
AI 4-hourly chart / Source: CoinGecko TerminalTraders elsewhere have tested similar pairings, including a meme coin quoted against tokenized GameStop. Several unrelated tokens also use the AI ticker, so pool addresses matter here.
CASHCAT Price Stalls Near $0.21 as Traders RotateCash Cat (CASHCAT) trades at $0.215, up 3.1% in 24 hours, with a $212 million market cap. It led the chain’s July launch week.
In contrast to PONS, the token has stalled. It climbed about sixfold in August to $0.253 on Aug. 27, then ranged between $0.175 and $0.245 on thinning volume.
CASHCAT 4-hourly chart / Source: CoinGecko TerminalIts four-hour volume of roughly 147,000 sits well below PONS at 440,000. Capital appears to be rotating past the incumbent rather than accumulating. Wider RWA and meme coin flows show a similar pattern.
September now tests whether the volume holds once speculation cools. Application revenue belongs to the protocols, not to Robinhood Chain. The company’s second-quarter crypto transaction revenue fell 38% to $100 million, even as tokenization expands.
According to market data from BIT (bit.com), Circle’s shares rose more than 6% intraday, currently trading at $92.67. Earlier reports noted that Hyperliquid is in discussions with Kraken’s parent company to enter the U.S. market.
1 hours ago
ByteDance's New Stock Guru Takes Over: US Stock Assets Surge 23-Fold in 7 Years, Core Strategy "Buy Early and Hold Steadfast"
The central figure behind the viral story "ByteDance Employee Makes 23x Gains Trading US Stocks", Dexter Yang, posted that over the more than 7 years since he joined ByteDance on January 14, 2019, ByteDance options have appreciated 4.5 to 5 times at the repurchase price, yielding an annualized return of 22% to 24%; based on the company's market valuation (USD 600 billion to USD 1 trillion), they have risen 8 to 13 times, with an annualized return of 31% to 40%. His personal US stock assets have surged 23 times over the same period, delivering an annualized return of 51%. If such returns are not attainable, excelling at work at ByteDance and earning more options is the optimal investment. Career development mirrors investing: it requires taking risks, entering early, staying committed, and achieving exponential growth through compound interest from personal growth and sector accumulation—essentially, it's about "buy and hold". Earlier, Leto Bao, a former ByteDance employee nicknamed "ByteDance Stock Trading Guy", reaped massive profits by capitalizing on the AI storage sector via US stock investments. Online reports claim he earned approximately RMB 30 million and subsequently resigned.
1 hours ago
Hyperliquid is in discussions with Kraken's parent company about entering the U.S. market.
According to market sources, Hyperliquid is in talks with Kraken's parent company to enter the U.S. market.
1 hours ago
Viewpoint: Bitcoin’s rebound momentum remains strong, with institutional allocations and speculative leverage rising in tandem.
Glassnode noted in a report that Bitcoin is currently trading around $78,600, having largely held onto the strong rally it launched from the $64,000 zone at the end of August after earlier breaking above $80,000. The broader digital asset market still shows strong institutional demand, though activity in spot and derivatives trading has cooled in some segments. Meanwhile, price momentum has clearly exceeded the upper bound of its statistical range. The secondary market’s trading volume and spot Cumulative Volume Delta (CVD) indicate that the balance of buying power in the market may be shifting, while retail participation has also weakened. Traditional finance capital continues to flow into regulated crypto investment products. U.S. spot Bitcoin ETF holdings remain profitable and have maintained weekly net inflows. At the same time, short-term, price-sensitive capital is entering the market, coinciding with high options open interest and a rapid narrowing of volatility spreads—signaling that market participants may be underestimating short-term volatility risks. On-chain data also reflects a pattern of "active settlement but weakening user participation": entity-adjusted transaction volumes are significantly above normal levels, while daily active addresses and total fee revenue have declined slightly. Overall, the Bitcoin market is in a transition phase from a strong rally to structural divergence. Sustained institutional capital allocation and a rebound in on-chain valuations are providing market support, though speculative leverage is rising and signs of short-term capital selling have begun to emerge. The market’s fundamentals remain solid, but short-term volatility and correction risks are on the rise.
1 hours ago
Iran's Revolutionary Guards: An MQ-9 drone was shot down east of the Strait of Hormuz.
The Iranian Revolutionary Guard Corps stated that an MQ-9 drone was shot down east of the Strait of Hormuz.
1 hours ago
Telegram Founder: Gram Wallet Is Ready, Now Open to Select Users
Telegram founder Pavel Durov announced in a post on his personal channel that Telegram’s Gram wallet is now ready for use and currently available to a select group of users. It will be gradually rolled out to over 1 billion users in the coming weeks. Durov thanked the validators who approved the core smart contract, noting this means future wallet upgrades will not require cumbersome wallet migrations. This is just one of many innovations Telegram has developed to enhance the usability of non-custodial wallets.
According to market data from BIT (bit.com), Circle’s shares rose more than 6% intraday, currently trading at $92.67. Earlier reports noted that Hyperliquid is in discussions with Kraken’s parent company to enter the U.S. market.
1 hours ago
ByteDance's New Stock Guru Takes Over: US Stock Assets Surge 23-Fold in 7 Years, Core Strategy "Buy Early and Hold Steadfast"
The central figure behind the viral story "ByteDance Employee Makes 23x Gains Trading US Stocks", Dexter Yang, posted that over the more than 7 years since he joined ByteDance on January 14, 2019, ByteDance options have appreciated 4.5 to 5 times at the repurchase price, yielding an annualized return of 22% to 24%; based on the company's market valuation (USD 600 billion to USD 1 trillion), they have risen 8 to 13 times, with an annualized return of 31% to 40%. His personal US stock assets have surged 23 times over the same period, delivering an annualized return of 51%. If such returns are not attainable, excelling at work at ByteDance and earning more options is the optimal investment. Career development mirrors investing: it requires taking risks, entering early, staying committed, and achieving exponential growth through compound interest from personal growth and sector accumulation—essentially, it's about "buy and hold". Earlier, Leto Bao, a former ByteDance employee nicknamed "ByteDance Stock Trading Guy", reaped massive profits by capitalizing on the AI storage sector via US stock investments. Online reports claim he earned approximately RMB 30 million and subsequently resigned.
1 hours ago
Hyperliquid is in discussions with Kraken's parent company about entering the U.S. market.
According to market sources, Hyperliquid is in talks with Kraken's parent company to enter the U.S. market.
1 hours ago
Viewpoint: Bitcoin’s rebound momentum remains strong, with institutional allocations and speculative leverage rising in tandem.
Glassnode noted in a report that Bitcoin is currently trading around $78,600, having largely held onto the strong rally it launched from the $64,000 zone at the end of August after earlier breaking above $80,000. The broader digital asset market still shows strong institutional demand, though activity in spot and derivatives trading has cooled in some segments. Meanwhile, price momentum has clearly exceeded the upper bound of its statistical range. The secondary market’s trading volume and spot Cumulative Volume Delta (CVD) indicate that the balance of buying power in the market may be shifting, while retail participation has also weakened. Traditional finance capital continues to flow into regulated crypto investment products. U.S. spot Bitcoin ETF holdings remain profitable and have maintained weekly net inflows. At the same time, short-term, price-sensitive capital is entering the market, coinciding with high options open interest and a rapid narrowing of volatility spreads—signaling that market participants may be underestimating short-term volatility risks. On-chain data also reflects a pattern of "active settlement but weakening user participation": entity-adjusted transaction volumes are significantly above normal levels, while daily active addresses and total fee revenue have declined slightly. Overall, the Bitcoin market is in a transition phase from a strong rally to structural divergence. Sustained institutional capital allocation and a rebound in on-chain valuations are providing market support, though speculative leverage is rising and signs of short-term capital selling have begun to emerge. The market’s fundamentals remain solid, but short-term volatility and correction risks are on the rise.
1 hours ago
Iran's Revolutionary Guards: An MQ-9 drone was shot down east of the Strait of Hormuz.
The Iranian Revolutionary Guard Corps stated that an MQ-9 drone was shot down east of the Strait of Hormuz.
1 hours ago
Telegram Founder: Gram Wallet Is Ready, Now Open to Select Users
Telegram founder Pavel Durov announced in a post on his personal channel that Telegram’s Gram wallet is now ready for use and currently available to a select group of users. It will be gradually rolled out to over 1 billion users in the coming weeks. Durov thanked the validators who approved the core smart contract, noting this means future wallet upgrades will not require cumbersome wallet migrations. This is just one of many innovations Telegram has developed to enhance the usability of non-custodial wallets.
Following its listing on Binance derivatives, the token "牛来" extended its strong run, with its market capitalization surging past $140 million to reach a new all-time high.
According to GMGN market data, after launching on Binance Futures in the evening, BSC-based meme coin "Niu Lai" has shown strong performance, with its market cap briefly surging past $140 million to hit an all-time high. It is now trading at $130 million, up over 159% in the past 24 hours, with a 24-hour trading volume of $63.6 million. BlockBeats reminds users that most meme coins have no real use cases, experience significant price volatility, and caution is required for investments.
4 hours ago
Serenity intensifies its bullish stance on Macronix: DDR3 price hikes have far exceeded sell-side expectations, average selling price (ASP) revised up to double sequentially, and operating leverage is fully unlocked.
Serenity published a report analyzing the sell-side research on ESMT (Jinghao Ke, stock code 3006). In March, South China Securities projected ESMT’s Q2 DDR3 4Gb contract price would rise around 50% quarter-on-quarter, while Fubon Securities forecast DRAM prices would increase 40% quarter-on-quarter. By August, South China Securities had revised ESMT’s Q2 aggregate ASP upward to a 105% to 113% quarter-on-quarter rise, explicitly stating DDR3’s price increase was “significantly better than expected”. Serenity argues that the price hike in niche memory chips is no longer just a revenue story, but a major profit amplifier, with operating leverage stretched to an extreme. Powerchip’s wafer costs may double in the second half of the year, and customers’ willingness to absorb cost pass-through has far exceeded expectations. ESMT’s single-month net profit in July was around $109 million, far exceeding earlier model assumptions. Roughly annualized, this values the stock at as low as a 1.9x P/E ratio. DDR3 is mainly used in products like IP cameras and hard drives. Memory chips account for a very small share of customers’ total bill of materials (BOM), so even a few dollars more per chip is far cheaper than the cost of redesigning and re-certifying products, making demand relatively inelastic. The consensus view is that peers are shifting production capacity to high-value products like HBM and DDR5, leading to structural tightening in DDR3 and DDR2 supply.
4 hours ago
Analysis: BTC marks the third time in history of significant underperformance relative to the Nasdaq, with both prior instances seeing strong, independent rallies.
Analyst Rekt Fencer has published a 3-day ratio chart of Bitcoin (BTC) and the Nasdaq, marking three major drawdowns: roughly -84.9% in 2018, -80.7% in 2022, and the current -54.3% in 2026. The analyst pointed out that after Bitcoin underperformed the Nasdaq by such wide margins in the prior two instances, it went on to post very strong independent rallies, with prices surging sharply thereafter. With the current ratio dropping significantly again, history may repeat for the third time: the bottom is approaching, and BTC will regain strength going forward.
4 hours ago
Perspective: On-chain retail Bitcoin (BTC) activity has hit a two-year high, and the minor pullback appears more like position rotation rather than a market top.
CryptoQuant analyst Darkfost stated that on-chain retail Bitcoin activity has reached a two-year high. The current slight pullback from the $80,000 level is more of a rotation than a market top, Bitcoin’s medium-term demand remains strong, and investor demand for the cryptocurrency has increased by 17.4% over the past 30 days.
4 hours ago
Trump: Will Fill U.S. National Strategic Petroleum Reserve With Venezuelan Oil
US President Trump announced that the United States will fill its national strategic reserve with Venezuelan oil, and the process to replenish the reserve to full capacity will begin soon.
Decentralized lending protocol Ajna tweeted that its v2 version was hit by a vulnerability exploit, and the team is investigating abnormal fund flows. The protocol advised users to withdraw all funds, repay outstanding loans, and halt interactions with the platform. Separately, Defimon Alerts monitored that Ajna’s losses from the incident total around $775,000, involving pools including syrupUSDC, wstETH, rETH, cbETH, WBTC, WETH/USDC, and sDAI. The attack is attributed to a liquidation accounting manipulation exploit.
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.
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.
According to monitoring by OnchainLens, a crypto whale that had been dormant for two years has suddenly become active, borrowing 816,400 WETH (valued at approximately $153.6 million) from Morpho and Spark to conduct arbitrage trading. The transaction generated $1.88 in revenue, paid $1.53 in fees, resulting in a net profit of just $0.36.
Relevant content
Vitalik: Ethereum’s scaling roadmap will integrate the advantages of UTXO-style models, ultimately achieving ultra-large-scale expansion without sacrificing decentralization and censorship resistance.
Ethereum co-founder Vitalik published an article outlining the core goals of Ethereum’s current scaling strategy. He first acknowledged the Bitcoin community’s pioneering technical contributions, then clarified that Ethereum’s proposed scaling strategy is advancing along that direction. Vitalik emphasized: “We want Ethereum to have both UTXO-style state, dynamic state, and all the advantages of both.” This means Ethereum is seeking to integrate the Bitcoin UTXO model’s strengths in efficient state management, light node verification, and scalability with its own flexible account model, smart contract ecosystem, and dynamic state capabilities. Vitalik reiterated that the ultimate goal of Ethereum’s scaling efforts is to achieve “hyperscaling” for the vast majority of activities on the network, without sacrificing three core attributes: decentralization, node operation convenience, and censorship resistance. Ethereum’s roadmap is shifting from a sole focus on scalability to a systematic effort to strike a better balance between scalability and decentralized resilience.
4 hours ago
Binance Life token surges 8%, briefly breaks through $0.54
According to HTX market data, after CZ announced he would donate the 'Binance Life' token from his public address to Giggle Academy and deactivate that address, the Binance Life token rallied 8% in the short term, breaking above $0.54. It is now trading at $0.51, with a 24-hour gain of 8.2%.
4 hours ago
CZ announced that he will disable public addresses to prevent his operations from being overinterpreted by the community, noting that BNB and "Binance Life" will be donated to Giggle Academy.
Binance founder CZ stated at Binance Square that many people are overinterpreting the meaning behind his actions. Today, while testing Trust Wallet, he found so many meme tokens in the wallet that it was difficult to even locate BNB. He then attempted to burn some of the tokens, a move that sparked extensive community discussion. CZ noted he realized he could never fully "clean up" all meme coins from that address: the more he burns, the more people will send coins to it. The transparent nature of blockchain means any activity on this address will be overinterpreted by the community. He even considered requesting the Trust Wallet team to add an "Ignore Coin" feature to prevent interface clutter, but pointed out that 99.99% of users would never use such a function. His plan is to donate BNB and the "Binance Life" tokens purchased with BNB to Giggle Academy, then cease using this address and leave it as a burn address.
4 hours ago
Tom Lee: In the AI era, the scarcity of the "human" element in investments is emerging as a core pricing factor. I am heavily invested in Robinhood because I am bullish on Vlad Tenev.
BitMine, the firm holding the largest Ethereum treasury, Chairman Tom Lee laid out a core thesis in an interview: In AI and high-growth sectors, a founder’s vision and leadership have emerged as the true differentiated competitive advantage, even outweighing technology itself. The directional sense of top-tier founders cannot be replaced by AI. Sam Altman would never ask ChatGPT “What should I do?”; the same applies to Anthropic’s founder and Elon Musk. OpenAI’s survival hinges entirely on Sam Altman himself, not on passively feeding questions to AI for answers. Tom Lee argues this is the key differentiator: a founder’s foresight and judgment cannot be replicated by AI, even as models can be open-sourced and technology can be caught up. Under this framework, Tom Lee classifies Robinhood CEO Vlad Tenev into the same “founder vision-driven” category. Robinhood operates in markets like retail trading, new-generation investors, and fintech penetration—all growing far faster than the overall economy. Vlad’s leadership and vision are critical to the company’s ability to seize these opportunities. A major reason Tom Lee’s own firm Fundstrat holds a heavy Robinhood position is Vlad Tenev himself: rather than focusing solely on valuations or short-term metrics, Fundstrat recognizes the founder’s long-term vision and execution. In the AI era’s investment framework, the scarcity of “human” factors is becoming a core pricing driver.
4 hours ago
Meme coin MarsCoin slumped to a market cap of $7 million, plunging 65% in a single minute after nearly halving in value.
According to GMGN data, the BSC-based meme coin MarsCoin (contract address starting with 0x1706) saw a sharp short-term plunge after surging over 400x in a single day, hitting an all-time high of over $36 million in market cap earlier tonight. Its market cap then nearly halved to $21 million within an hour, before plummeting 65% in one minute at 22:07, dropping to $7 million. A wallet address linked to Binance CEO CZ showed unusual activity this afternoon, burning 4,444 units of the MarsCoin meme token. Separately, Binance Alpha previously listed a token of the same name, MarsCoin (contract address starting with 0xfe18), which currently has a market cap of $52 million, up 6% on the day. BlockBeats reminds users that most meme coins lack real-world use cases, are highly volatile, and investors should exercise caution.
4 hours ago
U.S. debt risks have surged, leading to a shift toward short-term Treasury bonds to meet growing borrowing demands.
The U.S. Treasury’s reliance on short-term debt is growing: Currently, U.S. Treasury bills make up 21% of the tradable Treasury securities market, a share near its highest level since 2020. Back then, amid the COVID-19 pandemic, the U.S. federal government’s borrowing spiked. This is far above the 10-15% range recorded between 2012 and 2019. By contrast, during the 2008 financial crisis, this proportion reached roughly 34%. Meanwhile, the U.S. government is increasingly leaning on short-term Treasuries to cover its rising borrowing needs, rather than long-term bonds. If the U.S. Treasury continues issuing long-term debt at its current pace through fiscal 2027, long-term Treasuries will account for 25% of total debt—their highest share since 2004. However, this strategy amplifies the government’s vulnerability to short-term interest rate swings. If rates stay elevated or climb again, debt servicing costs will become far more unsustainable. The U.S. debt crisis is now fully unfolding.
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.
The day before yesterday, a whale that shorted Bitcoin with 40x leverage was forced to reduce its position, incurring an unrealized loss of $1.54 million.
According to Yuqing Monitoring, the whale who leveraged to short 1,600 BTC (valued at $102 million) two days ago has suffered another heavy blow. After BTC recently rebounded to $65,300, the whale was stopped out of an additional 500 BTC (worth $32.6 million). He opened the short position with $2.44 million in capital on the morning of two days ago, and now only has $900,000 left, losing $1.54 million. Of his original 1,600 BTC short position (valued at $102 million), 700 BTC was liquidated due to the rebound, leaving him with 900 BTC in short positions (valued at $58.66 million).
7 minutes ago
Crypto whale sets 10 major targets, sounding rallying cry for Bitcoin longs: 'Last chance to get on board'
Whale "First Set 10 Big Goals" referenced his July 20 market outlook, calling the current market the "last chance to get on board". On that same date, the whale argued that shorting the market is too low-cost-effective, noting the market has already formed a phased bottom. He added he has a hunch Bitcoin is about to break out and launch a new uptrend, warning against missing the entry signal. Just now, the whale showcased gains from his recent Bitcoin long positions: the attached chart shows he opened long orders below $64,000, with unrealized profits surpassing $4 million.
7 minutes ago
USDC has been natively deployed on X Layer, with OKX Wallet now supporting the related services.
According to official announcements, USDC has been natively deployed on X Layer, and OKX Wallet has simultaneously rolled out support for X Layer’s native USDC. Users can send, receive, pay with, and conduct on-chain transactions using USDC directly within OKX Wallet, while 1:1 non-loss cross-chain transfers via CCTP further boost cross-chain fund flow efficiency. Additionally, X Layer’s native USDC can directly interact with on-chain applications such as DeFi in the X Layer ecosystem, enabling seamless asset transfers across multi-chain environments for users.
7 minutes ago
Crypto Whale Flaunts Bitcoin Long Position Profits, Says "Set 10 Major Goals First": Opened Positions Below $64,000, Notches Over $4 Million in Unrealized Gains
Bitcoin rallied around the release of today's non-farm payroll (NFP) data. The whale going by the alias "Set 10 Big Targets" has showcased gains from his recent Bitcoin long positions; attached screenshots show he opened positions below $64,000, with unrealized profits exceeding $4 million.
7 minutes ago
Cooler-than-expected non-farm payrolls data drove US stocks to open sharply higher, with optical communications continuing to lead the AI sector rally; Cloudflare rose 11.5% to hit a new all-time high.
US July non-farm payrolls posted an unexpected decline, prompting traders to trim bets on Federal Reserve interest rate hikes, while US stocks opened broadly higher. The Nasdaq rose 0.77% at the open, the S&P 500 gained 0.33%, and the Dow added 0.10%. According to market data from BIT (bit.com), some storage concept stocks advanced at the open, with SanDisk up over 3%. Optical communication concept stocks rallied broadly: optical module manufacturer AAOI jumped more than 7%, with the company forecasting its production capacity will expand 10-fold in two years, and its 1.6T products could secure major customer certification in as little as two weeks; Coherent rose over 9%. Among chip stocks, SK Hynix fell 1.64% while Micron gained 1.19%. Storage stocks and neocloud-related stocks mostly rose in tandem, with SNDK up 3.21% and NBIS up 1.16%. Additionally, Cloudflare climbed 11.5% to hit a record high, after the firm raised its annual revenue forecast earlier.
7 minutes ago
The 1600BTC-short trader closed another 500 $BTC ($32.58M) to avoid liquidation. The total loss has now exceeded $1.5...
The 1600BTC-short trader closed another 500 $BTC ($32.58M) to avoid liquidation. The total loss has now exceeded $1.5M. Current position: 900 $BTC($58.6M) New liquidation price: $64,998.73
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.
One WETH Vault, Multiple Redemption Rails: Introducing the Multi-Asset WETH ARMOrigin’s multi-asset WETH ARM is now open, giving LPs one position across four liquid staking markets. The multi-asset WETH ARM lets all assets trade against one pool of WETH.
The vault supports:
stETHwstETHeETHweETHEach asset lane keeps its own:
Buy and sell pricesBuy and sell liquidity limitsInventory and pending-redemption trackingRedemption adapterAggregators get more eligible routes, while LPs gain access to arbitrage opportunities across four markets without moving or splitting liquidity between separate ARM Vaults.
This is the first rollout. Additional LSTs, including OETH and wOETH, are planned as follow-on additions to the multi-asset WETH ARM.
Existing ARMs have processed more than $2.7 billion in volumeWhen a redeemable asset trades below its redemption value, users and aggregators can sell it into the ARM’s quotes. An operator submits the resulting inventory through the asset’s redemption process, and the returned backing asset flows back to the vault. The resulting spread contributes to LP yield.
Dune trade data shows meaningful activity in both existing ARMs:
stETH ARM: Dune recorded more than $2.53B in volume (956k stETH) over more than 54,000 transactions since public launch on October 17, 2024.eETH ARM: Dune recorded more than $163M in volume (80k eETH) over more than 4,000 transactions since public launch on October 30, 2025.That history shows repeated use of ARM liquidity. Much of the market also trades through wstETH and weETH, which the existing ARMs do not accept. The multi-asset WETH ARM builds on that operating history while adding support for wstETH and weETH.
Why wrapped-token support mattersWrapped tokens account for a significant share of the Lido and ether.fi markets. As of July 25, wstETH represented nearly half of Lido’s stETH TVL, while weETH represented approximately 95% of ether.fi’s eETH TVL.
The existing ARM Vaults support stETH and eETH, but not their wrapped counterparts. Adding wstETH and weETH allows the multi-asset WETH ARM to quote a much broader share of each market.
Dune data provides two overlapping views of trading activity across this market over the 90 days ending July 24:
User-facing aggregator trades: $1.901B of executed swaps with wstETH or weETH on one endpoint and ETH/WETH on the other. Of that total, $709.7M started with a wrapper and ended in ETH/WETH (query).Pool-level DEX swaps: $1.903B of direct wrapper/ETH-WETH execution legs. Of that total, $864.2M sold a wrapper for ETH/WETH inside a pool (query).The totals are similar, but the datasets measure different parts of a trade. The aggregator table records the user's starting and ending tokens. The pool table records each qualifying execution leg, including direct DEX swaps and legs produced by aggregator routes. A routed trade can produce more than one pool leg, so the two datasets overlap and should not be combined. Dune documents this relationship for dex_aggregator.trades and dex.trades.
Before wrapped-token support, the ARM could not quote wstETH/WETH or weETH/WETH directly. Supporting these assets makes those routes eligible for ARM quotes. Whether the ARM captures that volume will depend on competitive pricing, available liquidity, and aggregator integration.
How shared WETH inventory worksLPs deposit WETH into one vault that serves all four supported markets. Each asset draws from the shared WETH pool while retaining its own prices, liquidity limits, inventory tracking, and redemption adapter.
The operator sets prices and available liquidity for each asset.Users and aggregators execute against the ARM’s quotes.The appropriate adapter prepares assets received by the vault for redemption.The operator submits the redemption, and the returned ETH is wrapped and returned to the shared WETH pool.Because WETH liquidity is shared, capital is not restricted to a single token pair.
If wstETH activity is quiet while weETH trades at a wider discount, the operator can optimize pricing and limits to direct more of the shared WETH capacity toward weETH. This allows the vault to respond to changing market conditions without requiring LPs to move capital between products.
A direct market 3.24x the previous sizeOver the 90d period ended July 24th:
The existing stETH/WETH and eETH/WETH markets generated $851.4M in two-way direct volume.The added wstETH/WETH and weETH/WETH markets generated $1.9B.Combined volume across all four supported markets reached $2.76B.Adding wrapped assets makes the eligible direct market 3.24x the size of the market covered by the existing ARM Vaults.
This does not mean the WETH ARM will capture all of that volume. Actual activity will depend on competitive pricing, available WETH, aggregator integration, and redemption capacity.
More routes from one WETH vaultThe multi-asset WETH ARM gives aggregators one source of WETH liquidity across rebasing and wrapped tokens. One vault can quote all four assets without splitting LP liquidity across separate products.
The design creates clear benefits:
Traders and aggregators gain more eligible routes into WETH.LPs can support activity across all four markets through one vault position.The operator can adjust pricing and quote capacity as market conditions change.Each asset retains its own pricing, liquidity limits, inventory accounting, and redemption process.The result is broader atomic WETH liquidity without fragmenting LP capital across separate vaults. You can read more about WETH ARM in our docs here.
Ethereum fell below $1,900, down 1.3% in 24 hours.
According to HTX market data, Ethereum has fallen below $1900, with a 1.3% drop in the past 24 hours.
1 seconds ago
Bitcoin drops below $65,000, logging a 0.8% decline over the past 24 hours.
According to HTX market data, Bitcoin has fallen below $65,000, posting a 0.8% drop in the past 24 hours.
1 seconds ago
Bitcoin treasury firm Empery makes a $20 million strategic preferred stock investment in AI data center developer CDP.
Crypto treasury firm Empery Digital (EMPD) disclosed that it has completed a strategic $20 million preferred equity investment in AI data center developer Cardinal Data Power (CDP). Post-transaction, EMPD holds an approximately 8% stake in CDP. The investment is a key component of CDP’s total $70 million Series A funding round, with all raised capital earmarked for launching its first AI data center campus in West Texas, the U.S.
1 seconds ago
A crypto whale set 10 major profit targets, closed short positions to take profit, liquidating 300 BTC positions in the last 12 minutes.
On-chain analyst Ai Yi (@ai_9684xtpa) monitored that contract whale "Set 10 Big Goals First" has started closing short positions to take profit. Over the past 12 minutes, the whale has closed 300 BTC in short positions, booking a profit of $157,000. It currently holds a remaining large position of approximately $157 million in 2,379.23 BTC, with an unrealized profit of $1.34 million.
1 seconds ago
NVIDIA open-sources its medical physics simulation framework to solve the problem of scarce clinical data for surgical robots.
NVIDIA has released an open-source Medical Physics Simulation framework that combines classic physics simulation with generative AI. The framework can batch-generate rare clinical edge cases such as guidewires stuck in calcified vessel walls, and cuts training time from 5 hours to less than 2 minutes using 8192 parallel environments, addressing the acute scarcity of real clinical data for surgical robots. Early adopters include CMR Surgical, Johnson & Johnson MedTech, and Medtronic. The framework’s open-source nature helps demonstrate the system’s behavioral logic to regulators and build an approval evidence chain, though no strategies trained on it have been deployed in actual clinical practice as of yet.
1 seconds ago
U.S. initial jobless claims for the week ended July 18 totaled 187,000, falling to a near four-year low.
US initial jobless claims for the week ended July 18 came in at 187,000, the lowest level since the week ending September 24, 2022. The consensus forecast was 212,000, while the prior week's figure was revised from 208,000 to 209,000.
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.
Ethereum’s blockchain has registered an exceptional surge in large transactions, as Wrapped Ethereum (WETH) recorded 113,000 whale transfers exceeding $100,000 within the past week. This figure marks the most active whale movement since May 2021 and suggests substantial capital flows across Ethereum’s trading venues, lending markets, and decentralized finance protocols.
Institutional demand on the riseSeveral demand-side factors have contributed to this spike in on-chain activity. U.S. spot Ether exchange-traded funds have seen an uptick in inflows, while BlackRock’s ETH investment products continue to capture new capital from institutional investors. Market participants are interpreting these developments as potential triggers for further network and price growth.
Robinhood Chain’s adoption of ETH as a gas fee currency has also increased the utility of Ethereum in the decentralized exchange landscape, making ETH an even more integral asset for transaction fees and liquidity provision.
In a reflection of this momentum, Bitmine reportedly strengthened its Ethereum reserves to around 5.8 million ETH, signaling a move to position itself ahead of anticipated institutional demand. This action is viewed as part of a broader trend among corporate treasuries leveraging Ethereum’s ecosystem for capital allocation.
Strategic moves and robust network activityAdditional investments from players such as SharpLink and Ethlabs, the latter backed by Joe Lubin, further reinforce expectations of institutional interest within the Ethereum space. These entities see an opportunity in the convergence of ETF adoption, growing Layer 2 development, and increasing corporate engagement.
With numerous technical indicators and capital inflows in play, analysts warn that a sustained upward price movement is not necessarily assured. However, the recent upsurge in high-value transactions highlights a network environment ripe for strategic moves from both retail and institutional users.
The convergence of ETF adoption, Layer 2 expansion, and growing institutional allocations presents a critical point for Ethereum, making its network activity and whale behavior important signals to monitor for market shifts.
Extreme fear underscores current market sentimentDespite the significant on-chain action, market sentiment remains cautious, with indicators currently reading Extreme Fear. This situation amplifies the potential influence of whale activity on price volatility and trader psychology.
At the time of writing, Ethereum trades at approximately $1,932, reflecting a market dynamic shaped by both new institutional accumulation and prevailing uncertainty in sentiment. The balance between these factors could drive further volatility in the days ahead.
In light of heightened transaction volumes and shifting market signals, tools providing real-time analytics and alerts are becoming increasingly essential for active participants trying to stay informed amid rapid market changes. CryptoAppsy, which requires no account creation hassle, combines your crypto investments with real-time prices, detailed charts, and multi-currency portfolio management on a single screen. With this all-in-one financial assistant, you can instantly seize opportunities by setting up smart price alerts, filter news specific to your coins, discover newly listed altcoins without missing them, and always stay one step ahead of the market with critical macroeconomic data such as Fed interest rates.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
Binance will delist the AERGOUSDT U-margined perpetual contract.
According to an official announcement, Binance has announced that it will delist the AERGOUSDT U.S. dollar-margined perpetual contract at 14:30 (GMT+8) on July 24, 2026.
1 seconds ago
The Japanese yen's exchange rate against the US dollar has hit its lowest level since 1986.
According to Bitget market data, the Japanese yen weakened against the U.S. dollar, hitting 162.89, marking its lowest level since 1986.
1 seconds ago
An unnamed whale has been steadily adding to its WBTC and ETH positions this month, now sitting on over $12 million in unrealized gains.
According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that has accumulated over $109 million in positions since July added an additional $9.87 million worth of WBTC in the past 24 hours. The whale currently holds 49,500 ETH and 600 WBTC, with a total value of $122 million, an average cost basis of approximately $1,706 per ETH and $63,950 per WBTC, and an unrealized profit of $12.593 million.
1 seconds ago
Arcus Launches 24/7 US Stock Tokens and Perpetual Contract Markets on the Robinhood Chain
Arcus has officially launched 24/7 trading functionality and rolled out over 95 stock tokens on Robinhood Chain, offering zero-fee trades. Meanwhile, the platform also launched a beta version of its perpetual contract market via its self-custody decentralized exchange. In a statement, Arcus noted that the launch will allow eligible traders to invest in stocks of leading companies spanning sectors including artificial intelligence, semiconductors, space exploration and quantum computing, such as large-cap firms like Nvidia, Apple, Microsoft, Tesla, Meta, Alphabet and Amazon. Additionally, Arcus has launched a beta perpetual futures trading market, which currently has over 75,000 people on its waitlist. The platform supports perpetual contract products covering U.S. stocks, exchange-traded funds (ETFs), commodities and cryptocurrencies, including trading pairs linked to the SPY ETF, QQQ ETF, GLD ETF, USO ETF, Bitcoin, Ethereum, Solana and XRP. Arcus was founded by Eddie Zhang, with its development team coming from the core team behind dYdX.
1 seconds ago
SemiAnalysis: The power gap in AI data centers is widening, and reciprocating engines may become the leading technology for behind-the-meter power supply.
Independent semiconductor and AI research firm SemiAnalysis reports that the rapid growth in AI computing power demand is transforming power supply models for data centers. Reciprocating engines, historically used primarily as backup power during grid outages, are being repositioned as baseload power sources operating around the clock. This year, reciprocating engine manufacturers have signed contracts for roughly 1GW of behind-the-meter (BTM) power projects, with annual new supply volumes projected to exceed 4GW in 2027 and 2028. After modeling U.S. grid capacity, SemiAnalysis notes that existing power reserves are expected to be exhausted between 2027 and 2028, and planned additions to utility-scale power generation capacity through 2030 remain insufficient to meet the new load demand from data centers. Combining its data center model, SemiAnalysis estimates that roughly 140GW of potential data center projects have not yet finalized power supply contracts, and many of these will likely adopt behind-the-meter power models to bypass grid expansion bottlenecks. Among behind-the-meter power technologies including reciprocating engines, aeroderivative gas turbines, and fuel cells, SemiAnalysis projects reciprocating engines will capture the largest market share. The firm cites their combination of low cost, rapid deployment, modular scalability, and stronger financing capabilities as key advantages, while equipment manufacturers including Caterpillar, INNIO, and Cummins are expanding production capacity to support large-scale deployments in the coming years. As AI data centers continue to expand, on-site self-generated power is evolving from a traditional backup resource to critical energy infrastructure, and reciprocating engines are poised to become a key solution for bridging power gaps in the computing power era.
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Venezuela’s largest fintech firm Cashea completes $100 million funding round.
According to Bloomberg, Venezuela’s largest fintech company Cashea has raised a total of $100 million across two financing rounds. Global investors are betting on the firm’s ability to achieve growth in a market long plagued by credit constraints. Cashea announced it closed a $60 million Series B round in June, led by FinSight Ventures, with participation from Endeavor Catalyst, Plug and Play, U.S. university funds including Washington University in St. Louis, and Latin American investors. Earlier, Cashea completed a $40 million Series A round in March, led by Spice Expeditions. The round included $20 million in equity financing and $20 million in debt financing provided by Architect Capital.
Whale WETH activity is breaking multi-year records as ETF, L2, treasury, and institutional narratives are heating up.
Wrapped Ethereum (WETH) recorded 113,000 whale transactions worth more than $100,000 over the past week. This figure is its highest level since May 2021, according to on-chain analytics platform Santiment.
The surge indicates that significant capital is moving through Ethereum’s trading, lending, liquidity, and decentralized finance (DeFi) infrastructure rather than remaining idle in wallets.
WETH Whale Activity Santiment, in its latest post on X, revealed that the increase coincides with several signs of rising demand for Ethereum. These include accelerating inflows into US spot Ether ETFs, with BlackRock’s ETH products absorbing a large share of recent inflows, as well as growing activity on Robinhood Chain, which uses ETH for gas and has processed heavy decentralized exchange (DEX) volume since its July 1 launch.
The analytics firm also pointed to increasing corporate treasury participation, as it highlighted Bitmine’s holdings of around 5.8 million ETH and backing from Bitmine, SharpLink, and Joe Lubin for Ethlabs to cater to the increasing institutional demand for Ethereum.
While they do not guarantee a price rally, these factors are worth paying attention to.
Next Key Levels As for ETH’s price, the world’s largest altcoin by market cap, climbed to $1,934 on Wednesday, rising by almost 9% on the week and 4.5% on the day. Earlier, crypto analyst Ali Martinez said Ethereum remains above the “must hold” level of $1,850; its next upside target would be $2,300.
MN Trading founder Michaël van de Poppe also believes that if the crypto asset holds the crucial support zone above $1,800, it should “trigger a continuation upwards.”
You may also like: Tom Lee’s Bitmine Slashes Weekly Ethereum Purchases by 76% – Here’s Why Analyst Says Long-Term Bullish Setup Could Take Ethereum to $22K Ethereum Drops 4%, but Analysts Still See a Path Toward $2,245 and Beyond A similar projection was made by another analyst, Tony Research, who said ETH could first climb above $2,000, with a move toward the $2,200 area possible if Bitcoin reaches $70,000. However, the rally is expected to be followed by seven to 10 days of distribution before Ethereum falls into a final bottom zone between $1,260 and $890, which the analyst described as a dollar-cost averaging (DCA) opportunity.
According to the forecast, that decline would pave the way for a new bull cycle, with Ethereum eventually targeting $7,000.
According to GMGN monitoring, Robinhood Chain ecosystem token PONS briefly hit an all-time high market cap of over $39 million, and is now trading at $34 million, up 110% in 24 hours with around $10 million in trading volume over the same period. PONS is the native platform token of Pons, a token-launching platform on Robinhood Chain. The platform supports creating and issuing fixed-supply tokens, uses collected WETH fees to repurchase PONS, and directly burns PONS fees. It is viewed by some community members as the "pump.fun" of Robinhood Chain.
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A crypto whale deposited an additional $16 million USDC into Hyperliquid, bringing its current short position to $43.9 million.
According to monitoring by OnchainLens, a crypto whale deposited a total of $16 million USDC into the Hyperliquid platform over the past 24 hours, with the latest deposit amounting to $11 million. The wallet currently holds short positions worth approximately $43.9 million on Hyperliquid, including $28.3 million in SKHX shorts, $14.56 million in BRENTOIL shorts, as well as short positions in assets such as HIMS, SMSN, and NVDA.
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Competition intensifies on Robinhood Chain’s launchpad, as PONS surges past $30 million in market cap after catching Vlad’s attention.
According to GMGN monitoring, Robinhood ecosystem token PONS rallied sharply today, with its market cap briefly surging past $39 million to hit an all-time high, before pulling back to $28 million. It still holds a 39% 24-hour gain, with trading volume around $13.6 million in the same period. Market attention is centered on Robinhood CEO Vlad Tenev following PONS founder MEADGod this morning. Current market expectations revolve around competition for Circus Trade, the new meme token launchpad in the Bonk ecosystem. As one of the native tokens of the Pons launchpad, PONS broke through its previous high after renewed capital inflow. The Robinhood market has recently been consistently pricing on-chain infrastructure and "utility-type" tokens. Related reading: Robinhood's Launchpad Battle Royale: Who Will Come Out on Top? BlockBeats Note: On-chain token trading is highly volatile, often driven by market sentiment and concept hype, with no actual value or use cases, so investors need to exercise caution.
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Korea Exchange triggered a procedural trading halt for the KOSPI index.
Due to fluctuations in the KOSPI index, South Korea activated relevant mechanisms and initiated a programmatic trading halt.
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Yesterday, Bitcoin spot ETFs saw a net inflow of $226.8 million; Ethereum spot ETFs recorded a net inflow of $38 million.
According to data from Farside Investors, U.S. spot Bitcoin ETFs posted a net inflow of $226.8 million yesterday. Among them, BlackRock’s IBIT saw a net inflow of $116.5 million, ARKB recorded $72.7 million, Fidelity’s FBTC pulled in $24.1 million, while Grayscale’s GBTC registered a net outflow of $45.4 million. For spot Ethereum ETFs, net inflows reached $38 million yesterday. Specifically, BlackRock’s ETHA brought in $34.3 million, FETH saw a $2.8 million inflow, TETH posted a $900,000 inflow, with all other products reporting zero net inflows.
12 minutes ago
After 11 months of inactivity, a crypto whale transferred 9,000 ETH to Cumberland, valued at approximately $17.19 million.
According to monitoring by OnchainLens, a whale address dormant for nearly 11 months transferred 9,000 ETH to the Cumberland wallet, worth about $17.19 million, and is expected to be used for over-the-counter (OTC) trading. Prior to this, the address had deposited a total of roughly 50,000 ETH (valued at approximately $205.67 million) into the FalconX wallet via 13 transactions.
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Analysis: Bitcoin's MVRV percentile drops to 5%, a level that historically typically marks the long-term bottom zone.
CryptoQuant analyst Darkfost wrote in a post that after Bitcoin (BTC) fell below $60,000 in February and entered the capitulation zone, its MVRV percentile dropped below 10%, hitting the historically defined undervalued territory. Since June, the metric has shown a similar trend again. Unlike the traditional MVRV indicator, the MVRV percentile measures the current MVRV’s position relative to historical cycles, and by incorporating a historical probability dimension, it better reflects the current market environment. Currently, BTC’s MVRV percentile stands at around 5%, meaning Bitcoin has spent roughly 95% of its historical trading time at higher MVRV levels. This indicates BTC is significantly undervalued relative to its historical evolution, and such phases have historically coincided with long-term bottom regions.
Wrapped Ethereum’s whale transaction count has just breached a level untouched for half a decade. According to the Santiment update, the WETH network recorded 113,000 transactions exceeding $100,000 in the past seven days—the highest since May 2021. The number is not just a statistical curiosity. WETH functions as the plumbing for Ethereum’s DeFi ecosystem, and a spike of this magnitude suggests serious capital is moving through trading, lending, and liquidity rails, not parking idly in cold storage.
The market backdrop makes the signal even harder to dismiss. U.S. spot Ether ETFs have been absorbing accelerated inflows, with BlackRock’s ETH products among the beneficiaries. Over on the L2 frontier, Robinhood Chain launched on July 1 and has been processing substantial DEX volume, using ETH for gas fees. That kind of utility-driven consumption feeds directly into WETH demand, since the wrapped asset is the standard for most DeFi interactions. It is a different kind of demand than the retail-driven mania of 2021.
Institutional and Treasury Activity Aligns Corporates are adding their own weight. Bitmine lifted its Ethereum stack to around 5.8 million ETH, a figure that places it among the protocol’s largest known holders. Bitmine, SharpLink, and Joe Lubin also threw their support behind Ethlabs, a project designed to make Ethereum more palatable for institutional participants. These moves line up with the broader reawakening tracked in on-chain metrics. It is the kind of coordinated signal that makes developer activity leaderboards worth monitoring alongside capital flows—both point toward where conviction is building.
Treasury accumulation, ETF inflows, and L2 gas demand create a multi-layered demand base that was absent during the last WETH whale spike. Back then, euphoric DeFi speculation and NFT minting fueled transaction bursts. Now the driver set includes regulated products, corporate treasuries, and high-throughput L2s. While that doesn’t guarantee price appreciation, it does shift the risk profile of Ethereum’s demand from purely speculative to partially structural.
Uncertainty and What to Watch Whale activity alone is not a buy signal. Santiment itself cautions that none of this “proves a straight-line rally.” Large transaction counts can spike during distribution phases or exchange movements just as easily as during accumulation. The current data does not break down direction—whether whales are moving into DeFi to deploy or moving onto exchanges to reduce exposure is not clear from the top-line metric. Traders should watch for confirmation in exchange netflows and stablecoin movement on Ethereum.
Still, the fact that the spike is occurring alongside growing institutional infrastructure—a trend echoed by recent tokenization milestones—gives the signal more weight than a random outlier. If subsequent weeks show the elevated transaction level holding, it would mark a genuine structural change in how capital flows through Ethereum’s ecosystem, one that has until now been masked by lower activity periods.
AUTHOR
Mushumir Butt is a seasoned crypto journalist with over three years of experience reporting on the world of blockchain and cryptocurrency. At Blockchain Reporter, he delivers insightful news, in‐depth project reviews, and precise price analysis and predictions. With a strong background in SEO and digital marketing, Mushumir excels at breaking down complex trends into clear, accessible content, ensuring readers stay ahead in the fast‐paced crypto space.
TLDR: Ethereum whale activity reached its highest level since May 2021 after WETH recorded 113,000 transactions above $100,000 in one week. BlackRock’s ETHA drew fresh inflows across several July sessions, adding another institutional demand signal around Ethereum-linked assets. BitMine now holds 5.78 million ETH and has staked 4.92 million tokens, keeping about 85% of its treasury outside normal exchange trading. ETH needs to hold $1,850 to preserve a move toward the 100-day EMA near $1,938, while a breakdown could expose $1,818 and $1,775. Ethereum whale activity has surged as Wrapped Ether recorded 113,000 transactions above $100,000 during the past week. Santiment data shows the total marked WETH at its highest weekly level since May 2021. The movement came as ETH traded near $1,892.84, gaining 1.85% over 24 hours.
Ethereum whale activity shows large capital moving through Ethereum’s DeFi, lending, trading, and liquidity systems. It does not reveal whether every transaction involved buying. Still, the timing connects WETH whale transactions with rising institutional ETH demand and expanding network use. Santiment described the activity as movement through Ethereum’s financial rails rather than passive storage.
Source: Coingecko Ethereum Whale Activity Rises With ETF and DeFi Demand Recent U.S. spot Ether ETF flows have provided another demand signal. Farside data shows BlackRock’s ETHA attracted $58.3 million on July 14 and $45.3 million on July 15. The fund added another $31.7 million on July 17. Total spot Ether ETFs recorded $36.7 million in net inflows that day.
These flows do not match the scale of the 113,000 WETH transactions directly. However, both trends show larger investors engaging with Ethereum-linked products. Ethereum whale activity becomes more notable when several demand channels rise together.
Corporate treasury activity also continues to reduce liquid ETH supply. BitMine acquired 7,430 ETH during the week ending July 19. The purchase raised its total holdings to 5,777,468 ETH, equal to about 4.8% of supply. The company has staked 4,917,189 ETH, representing roughly 85% of its treasury.
That staking position keeps a large amount of ETH outside normal exchange trading. BitMine said its current staking operations project $247 million in annualized revenue. The company has purchased ETH weekly since starting its treasury strategy in June 2025.
Institutional ETH demand also extends beyond treasury purchases. BitMine, SharpLink, and Joe Lubin backed Ethlabs, an independent organization preparing Ethereum for institutional adoption.
Ethereum Whale Activity Meets Concentrated Wallet Supply Ethereum’s largest addresses require careful interpretation. The Beacon Deposit Contract holds 88.29 million ETH, but it represents pooled validator deposits. The WETH contract ranks second with about 2.44 million ETH locked as backing for Wrapped Ether. Neither address behaves like a discretionary whale wallet.
Source: Santiment Exchange custody stays highly concentrated among other large addresses. Binance controls about 3.19 million ETH across three wallets. Robinhood holds roughly 1.59 million ETH across two identified addresses. Upbit, Bitfinex, and Gemini also appear among the largest exchange-linked wallets.
Arbitrum and Base bridge contracts hold more than 1.6 million ETH combined. Those balances support assets moving through Ethereum layer-2 networks. Robinhood Chain also uses ETH for gas and has generated heavy DEX activity since its July 1 launch.
Ethereum whale activity now meets a price structure placing $1,850 as the first support level. Holding that area could keep the 100-day EMA near $1,938 within reach.
A daily close above that level may expose $2,000 to $2,100. A loss of $1,850 would shift attention toward the 50-day EMA near $1,818 and the broader $1,775 support area.
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.
According to monitoring by OnchainLens, Wang Chun, co-founder of F2Pool, unwrapped staked WETH via Lido before transferring 4,950 ETH worth $9.53 million to Binance, sparking suspicions of an impending sell-off.
Crypto clearing startup Glacis Labs has closed a $6.8 million seed round. The round was led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN (formerly IDC Ventures), Protein Capital, and Techni Ventures, structured as an equity-plus-token warrant deal. The funding will primarily be used to expand its core product, the ZeroDelta platform, and support the growth of its engineering, compliance, and marketing teams. ZeroDelta is a multi-chain clearing platform that facilitates matching, netting, and final settlement of cross-chain digital assets. It currently focuses on serving stablecoins and has processed over $1 billion in cumulative trading volume to date.
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The United States will issue a $1 Trump gold coin to commemorate the 250th anniversary of its founding.
US Treasury Secretary Scott Bessent announced today that the U.S. Mint will produce a $1 commemorative "gold coin" — gold in appearance but containing no actual gold or precious metals — to mark the 250th anniversary of the founding of the United States. The obverse features a portrait of President Trump in a suit and tie, paired with the inscriptions "LIBERTY," "IN GOD WE TRUST," and the dates 1776-2026; the reverse displays the U.S. Great Seal eagle, marked with "$1" and "250." The coin is expected to be released this fall. The move breaks the longstanding tradition that living presidents typically do not appear on U.S. currency, with Bessent describing it as a "lasting symbol of patriotism" and "a commemoration of the legacy of freedom."
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Trump: Data centers are a cash cow and one of the largest drivers of future job growth.
Trump posted that data centers are one of the biggest drivers of future job growth. They are large-scale, powerful, and have broad prospects, serving as cash cows for their respective states. However, for political reasons, the Governor of New York State terminated all data center projects under construction or planned in New York. These companies are now flocking to Alabama, Florida, Texas, Arizona, and many other states. The tax revenues and jobs brought by data centers are truly a huge source of wealth! New York State has made a bad decision. All this revenue and other benefits will flow to so-called "red states" (states dominated by the Republican Party) and some "blue states" (states dominated by the Democratic Party). These states not only have lower taxes but also can create record job opportunities. They will bear their own water and electricity costs, and the remaining funds will be returned to state governments and local communities. For the states and communities fortunate enough to secure data centers, these facilities are undoubtedly huge assets. New York State should immediately reverse its policy. We must never allow radical left-wing Democrats to make us lose data centers, artificial intelligence, and all these amazing new technologies, letting them fall into the hands of other countries!
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Goldman Sachs' View: Storage Market Shows Structural Shifts, Partial Replacement of DRAM by NAND for Cost Reduction Becomes a Practical Trend
Citirni analyst Jukan referenced Goldman Sachs’ monthly conference call remarks on the memory sector, noting clients’ strong resistance to DRAM price hikes approaching 30%, leading to a modest downward revision of third-quarter DRAM price growth expectations. Meanwhile, the outlook for NAND has grown more optimistic: AI-related KV cache offloading demand continues to exceed expectations, paired with an emerging trend of using NAND to replace expensive DRAM, further supporting NAND demand. The analyst holds a positive view on SK Hynix’s second-quarter performance, projecting revenue of approximately 85 trillion won and a gross margin of 63%. Relevant stocks include SK Hynix, Micron, and SanDisk. The commentary also reveals structural shifts in the memory market. Previously, explosive HBM demand from AI servers drove DRAM prices soaring, but once price increases hit the 30% threshold, clients began resisting further hikes, leading to a temporary slowdown in the pace of DRAM price growth. NAND is taking on a new role in AI infrastructure: KV cache is critical in inference scenarios, and using cheaper NAND to partially replace expensive DRAM to reduce costs is becoming a practical trend. This divergence also implies that internal capital rotation within the storage industry chain may continue; investors should exercise greater caution regarding short-term earnings expectations for DRAM-related stocks, while the fundamental improvement in the NAND segment may not yet be fully priced in.
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Kraken Launches Customized Crypto Vaults, Allowing Users to Earn Yields on Idle Bitcoin, Ethereum (ETH) and Stablecoins
Kraken Institutional has announced a partnership with on-chain yield platform Upshift, allowing qualified institutional clients to earn returns on idle Bitcoin, Ethereum, stablecoins and other crypto assets directly within Kraken’s compliant custody framework. Unlike traditional pooled vaults, Upshift will build dedicated, customized vaults for each client, fully tailored to their investment strategies, risk parameters, liquidity needs and asset portfolios. Assets will be allocated to these non-custodial vaults, then deployed to selected on-chain contracts, with clients’ segregated Kraken custody accounts receiving a receipt token.
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SpaceX falls below its $135 IPO price for the first time; US-listed space-related stocks decline across the board.
According to market data from BIT (bit.com), during U.S. stock intraday trading, SpaceX (SPCX) fell below its IPO price of $135 for the first time, currently trading at $133.6. U.S. space-related stocks declined across the board: AST SpaceMobile (ASTS) dropped 5.26%, Rocket Lab (RKLB) fell 3.4%, and Redwire (RDW) declined 3.4%.
Kraken Launches Customized Crypto Vaults, Allowing Users to Earn Yields on Idle Bitcoin, Ethereum (ETH) and Stablecoins
Kraken Institutional has announced a partnership with on-chain yield platform Upshift, allowing qualified institutional clients to earn returns on idle Bitcoin, Ethereum, stablecoins and other crypto assets directly within Kraken’s compliant custody framework. Unlike traditional pooled vaults, Upshift will build dedicated, customized vaults for each client, fully tailored to their investment strategies, risk parameters, liquidity needs and asset portfolios. Assets will be allocated to these non-custodial vaults, then deployed to selected on-chain contracts, with clients’ segregated Kraken custody accounts receiving a receipt token.
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SpaceX falls below its $135 IPO price for the first time; US-listed space-related stocks decline across the board.
According to market data from BIT (bit.com), during U.S. stock intraday trading, SpaceX (SPCX) fell below its IPO price of $135 for the first time, currently trading at $133.6. U.S. space-related stocks declined across the board: AST SpaceMobile (ASTS) dropped 5.26%, Rocket Lab (RKLB) fell 3.4%, and Redwire (RDW) declined 3.4%.
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A certain address profited 23.75 million USDC via the Ostium exploit, then exchanged the funds for 12,085 ETH.
According to EmberCN’s monitoring, an hour and a half ago, the DeBank address under the username musti_akrep exploited a vulnerability on Perp DEX Ostium to gain 23.75 million USDC, transferred the funds to the Arbitrum blockchain, and immediately converted the USDC into 12,085 ETH at a purchase price of $1,965.
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Summer.fi to Gradually Cease Operations Following $6.1 Million Hack Loss
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Iran: No negotiation plans at present, focusing on defense.
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Aster DEX launches SKHYB "Hold-to-Use" campaign: Hold SKHYB tokens to serve as collateral for perpetual contract trading, with participants sharing a $15,000 prize pool.
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