Track market-moving stories before they get noisy

Filecoin Price Surges 16% as FIL Breaks Key Resistance Levels

@PancakeSwap has emerged as the dominant decentralized trading venue for tokenized equities, capturing a 37.3% share of total @bstocksfinance volume on @BNBChain in the past 24 hours. That figure places it ahead of every other decentralized platform competing in the same segment.

Largest Liquidity Share Among Decentralized Venues The trading activity reflects a broader surge in on-chain equity markets.

BNB Chain RWA Infrastructure Drives 24/7 Trading The mechanics underpinning bStocks give the product its edge in round-the-clock trading.

There are important limitations to note.

PancakeSwap's growing dominance in the bStocks segment reinforces BNB Chain's position as the leading blockchain for tokenized equities, even as the broader RWA landscape remains competitive.

Sources:
ETHNews: BNB Chain Tokenized Stocks Supply Passes $1.2B, Doubling Ethereum
Crypto Briefing: PancakeSwap v3 Hosts $3B in Spot DEX Trading Volume for Tokenized Stocks
BNB Chain Blog: Introducing bStocks on BNB Chain

The US attack on Iranian targets near the Strait of Hormuz, coupled with a surge in oil prices to a 40-day high, a rise in US 10-year Treasury yields to approximately 4.81%, nearing their highest levels in recent years, and a pricing of around 66-70% probability of a Fed rate hike in September, increased investor anxiety and reduced the attractiveness of risky assets like Bitcoin.

At this point, Bitcoin has fallen to around $76,500, a 2% drop in the last 24 hours. This has also dragged down altcoins, with Ethereum experiencing a 3% decrease, and XRP and Solana both falling by 4%.

While Bitcoin and altcoins are experiencing declines, Wintermute, a prominent market maker in the cryptocurrency market, said that institutional investors have begun to shift towards altcoins following Bitcoin’s strong rise.

Wintermute’s latest report noted that institutional capital is expanding beyond Bitcoin into select altcoins like Solana and XRP.

Record Entries in Solana and XRP Funds! According to Wintermute’s analysis, large investors are quietly buying Solana and XRP.

One of the most important developments highlighted by Wintermute at this point is that fund inflows into Solana and XRP-focused ETFs are expected to reach record levels in 2026.

According to the report, Solana funds received a total of $154 million, while XRP funds received $110 million. Wintermute stated that this development shows that institutional investor interest is not limited to Bitcoin and Ethereum alone, and that capital is expanding towards select altcoins.

However, Wintermute added that this assessment does not mean investors are completely abandoning Bitcoin. The company views the current situation not as a complete exit from Bitcoin, but rather as institutional investors taking positions in some altcoins where they see higher return potential following Bitcoin.

Wintermute concluded by stating that the crypto market has shown unexpected macroeconomic resilience, fully absorbing the impact of the Fed chairman’s hawkish statements and weakness in the US technology sector. In this environment, Bitcoin has stabilized after a strong rally, while institutional money has begun to more actively invest in altcoins.

*This is not investment advice.

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The token supercycle: everything of value is becoming programmable

TL;DR 

XRP led a $369 million crypto liquidation wave on Wednesday, dropping alongside Ether and Solana amid a scheduled escrow unlock and broader market pressure.Bitcoin fell to $77,200–$77,600, Ether to $2,410–$2,430, and Solana below $100 to $98.47, pulling total crypto market capitalization down to $2.59 trillion–$2.70 trillion.Rising oil prices and Treasury yields pushed Fed rate-hike odds for September 16 to 66%, the main trigger behind the sell-off.The SEC proposed overhauling blockchain transfer agent rules ahead of Congress's Clarity Act, with a September 17 roundtable set to bring in BlackRock, Nasdaq, NYSE and Robinhood on 24/7 stock trading.Wednesday morning, September 2, 2026, began with the cryptocurrency market under heavy pressure as worsening external macroeconomic factors triggered $369.67 million in derivatives liquidations, hitting the largest altcoins.

At the same time, a divergence in capital flows emerged: institutional inflows into spot Ethereum, Solana and XRP ETFs remained positive despite the broader decline in spot prices.

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Meanwhile, the U.S. Securities and Exchange Commission (SEC) initiated a sweeping reform of blockchain infrastructure that directly affects the interests of long-term investors.

At the start of trading, the industry's total market capitalization fell to $2.59–$2.70 trillion, losing around 1.4–2.2% from yesterday's highs and slowing the August uptrend, during which Bitcoin gained 25%.

Crypto liquidation heat map over the past 24 hours led by Bitcoin and Ethereum, Source: CoinGlassThe internal redistribution of capital exposed a split among market participants. According to SoSoValue, despite $236.46 million in outflows from Bitcoin ETFs, regulated Ethereum, Solana and XRP funds demonstrated resilience, closing with net inflows of $10.95 million, $10.19 million and $14.38 million, respectively.

September begins with a long squeeze: How expensive oil triggered liquidations for 90,000 crypto tradersThe market's steep decline over the past 24 hours turned into a large-scale long squeeze, hitting buyers using high leverage. Real-time data from CoinGlass shows that of the $369.67 million in total liquidations, $301.84 million came from long positions.

Short positions, meanwhile, lost $67.83 million.

Most of the forced closures occurred within a narrow time frame: $141.44 million was liquidated over a 12-hour period, while another $82.10 million was wiped out during the final four hours before dawn. In total, exchanges closed the positions of more than 90,000 leveraged traders.

Price movements among the largest assets were distributed as follows:

Bitcoin (BTC) recorded the largest losses in absolute terms, with $111.83 million in liquidations pushing the price down 1.3–1.8% toward the $77,200–$77,600 support zone.Ethereum (ETH) fell by around 2% into the $2,410–$2,430 range, with liquidations reaching $95.39 million. The asset also saw the largest single liquidation of the day: an $11.99 million order on Binance.Solana (SOL) declined by 2–3.5%, falling below the psychologically important $100 mark to $98.47. The total value of forcibly closed positions reached $27.09 million.XRP retreated amid a scheduled escrow unlock, despite a strong backdrop that included $170 million in ETF inflows over the past 11 days and Goldman Sachs joining the ranks of major holders. You Might Also Like

The main trigger for the sell-off was the external macroeconomic backdrop and the shift by global markets into a defensive position amid commodity-related risks. The price of WTI crude oil jumped above $90–$92 per barrel, while the yield on 10-year U.S. Treasury bonds climbed to the current cycle's highs of around 4.78–4.79%.

Performance of WTI crude oil, BTC/USD, and total altcoin market cap, Source: TradingViewBecause of inflationary pressure and rising Treasury yields, market participants raised the probability of a Federal Reserve rate hike on September 16 to 66%, which traditionally reduces demand for risk assets.

The only significant counterweight to the decline was that long-term Bitcoin holders became net buyers for the first time in a month. Several assets also ignored the broader sell-off: Filecoin gained 14–15% amid demand for decentralized AI data storage, while Uniswap rose 11% alongside improving metrics for Aave and Curve.

Congress's feint and 24/7 trading: Why the SEC is moving quickly to take control of tokenizationAmid the current market liquidations, the U.S. SEC moved to seize the legislative initiative from Congress, deciding not to wait for lawmakers to agree on the Clarity Act.

The Commission officially proposed a complete overhaul of the rules governing transfer agents, adapting them to public blockchains, tokenized stocks and artificial intelligence.

By advancing its own strict regulations, the SEC is effectively presenting lawmakers with a fait accompli and preemptively securing control over the emerging digital securities market under its exclusive jurisdiction.

The next key step in implementing this strategy will be a major SEC roundtable scheduled for September 17. The agency is bringing together Wall Street leaders and technology giants, including BlackRock, Citadel Securities, Nasdaq, NYSE, DTCC and Robinhood, to discuss the official launch of round-the-clock trading in traditional stocks.

Participants will be expected to establish working rules for moving the stock market to continuous settlement, including the introduction of overnight supervision, instant clearing systems and protections for retail investors outside regular market hours.

In the long term, this reform will completely erase the infrastructure boundaries between traditional finance and the digital asset industry. Round-the-clock access to trading on a 365 basis will no longer be a unique advantage of cryptocurrencies, as the stock market adopts the same standard, leading to a redistribution of speculative liquidity.

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The largest players are already adapting to the new rules. A banking consortium led by Citi and Goldman Sachs is developing its own dollar-backed stablecoin for 2027, while the London Stock Exchange (LSE), together with Kraken's owners, is testing the transfer of major British stocks onto blockchain rails.

The industry interpreted the regulator's actions as the final recognition of the technology at the government level. Real-world asset tokenization platform Securitize, a BlackRock partner, said the new rules should "raise standards, not lower them" and that updating the regulatory framework to reflect the current evolution of financial markets is "exactly the right move."

ETF Store President Nate Geraci similarly emphasized that major Wall Street players are no longer debating whether crypto will survive. Today, "pretty much nobody is debating" its integration, with the entire discussion focused exclusively on "how it exists or replaces" outdated financial mechanisms.

Interesting thing about Clarity Act, SEC crypto rule making, etc is this…

And I’m paraphrasing from @KristinSmith:

Pretty much nobody is debating whether crypto ends up inside existing financial system (or replaces it).

They’re all working on *how* it exists or replaces it.…

— Nate Geraci (@NateGeraci) September 2, 2026 For investors, these developments form a clear picture. September has historically had a reputation as a weak month for digital assets: since 2013, Bitcoin has closed the month in the red eight times out of 13, with an average return of -3%. The S&P 500 has also declined by an average of 0.6% in September since 1945.

The current pressure on cryptocurrency prices is being intensified by the commodity shock and expectations surrounding fresh U.S. unemployment data due on September 3.

The localized commodity shock is temporarily weighing on prices, but long-term funds continue to increase their positions. The next key benchmark for the market will be the release of the latest U.S. unemployment data, which will determine asset performance through mid-September.

The Crypto ETF Battle: How Ripple (XRP) Won September’s First Fight

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Solana price held above $99 after a mild market correction interrupted its recent rally. SOL declined 2.95% to $99.35 over 24 hours, underperforming the broader cryptocurrency market. However, the token remains 35% higher over two weeks. 

Eleven consecutive days of ETF inflows continue supporting expectations for further near-term price gains. Bitcoin price is still holding above $77k, eyeing recovery ahead of September 15-17th Fed Meeting.

US Solana ETFs Record 11 Straight Days of Net Inflows Solana spot exchange-traded funds have seen eleven consecutive sessions of $10.19 million daily inflows on September 1.

The total net inflows amounted to 1.35 billion and combined assets amounted to 1.39 billion. The trading volume in the products amounted to $68.55 million session.

🚨JUST IN: @Solana U.S. spot ETFs have now logged net inflows for 11 straight trading days, adding another $10.9M yesterday. pic.twitter.com/X8m6ZXkeeh

— SolanaFloor (@SolanaFloor) September 2, 2026

Bitwise was the top daily demand with 6.17 million and Fidelity with 2.67 million. Morgan Stanley received an extra capital of $1.36 million, and other listed funds showed no new capital.

Bitwise was the biggest product with assets of $949.83 million and lifetime inflows of $1.03 billion. The persistent streak indicators implied institutional enthusiasm even as the prices of the ETFs in general were generally weaker.

Solana Derivatives Volume Jumps 23% as Trading Activity Accelerates The trading of Solana derivatives gained momentum as the volume increased by 22% to reach a new level of 9.43 billion, indicating that more traders are participating in the market.

The open interest decreased 1.40% to $6.47 billion, indicating that some traders were unwinding leveraged positions even though the turnover had increased.

Source: Coingalss data The volume of options increased 19.30% to $15.18 million, indicating increased demand of contracts associated with the Solana price.

In the meantime, the options open interest increased by 2% to the current level of $135.98 million, which indicates the slight improvement of the outstanding positions of derivatives traders.

Is Solana Price Preparing for a Breakout Toward the $120 Target? At the time of writing, the SOL price hovered at $99.48 after falling 0.52% on the daily timeframe.

Solana price fluctuated between $97.38 and $100.71, indicating the fluctuations around the psychological mark of $100

The Solana price is however above the vital $95 support, maintaining the bigger recovery framework. The Relative Strength Index is 62.15 after moving out of overbought.

In the meantime, Chaikin Money Flow stands at 0.25 which indicates that capital inflows continue to favor SOL.

A daily close above $100 would open the way back to the big $110 resistance.

A stronger volume than breaking of $110 may reveal the next bullish price of $120 as per the detailed SOL price analysis.

Source: TradingView On the other hand, the decline of the Solana price to $90 due to the loss of $95 will expose the price to a new demand.

A prolonged decline of less than $90 would undermine the bullish arrangement and re-introduce the focus to $80.

HONG KONG, HONG KONG, September 2nd, 2026, FinanceWire

Crypto SuperApp adds Solana-native liquidity infrastructure while launching a limited rewards campaign for eligible users

Sumex, a Hong Kong-based non-custodial digital asset platform that aggregates centralized and decentralized finance services, has announced an integration with Coffer, formerly known as Cubee, to expand its swap infrastructure and liquidity access across the Solana ecosystem.

Through the integration, Sumex users can access Coffer’s Solana-native liquidity infrastructure through the Sumex SuperApp, adding another liquidity route to the platform’s existing swap aggregation system.

The integration is part of Sumex’s broader effort to connect multiple digital asset services through a single non-custodial interface, allowing users to manage crypto activities across different platforms while maintaining control of their assets.

To mark the integration, Sumex and Coffer are launching a joint swap campaign featuring a total reward pool of $1,000 for eligible participants who complete qualifying activities through the newly available routes.

Expanding Solana Liquidity Access

Coffer is a Solana-based liquidity protocol focused on improving liquidity efficiency across decentralized markets.

The protocol uses a concentrated liquidity approach designed to allocate liquidity toward areas of higher trading activity. According to Coffer, this structure is intended to improve capital efficiency by helping liquidity providers deploy assets more effectively across decentralized markets.

By integrating Coffer’s infrastructure, Sumex adds another Solana liquidity source to its swap aggregation platform.

Sumex compares available swap routes across multiple providers based on factors including expected output, fees, price impact and execution conditions. The company says the addition of Coffer allows users to access additional liquidity options without needing to manually navigate between separate protocols.

Building a Unified Digital Asset Platform

Sumex operates as a non-custodial crypto platform designed to combine portfolio management, trading and decentralized finance access within one interface.

The platform allows users to connect supported centralized exchange accounts, Web3 wallets and other digital asset services through its Connection Manager system.

According to Sumex, the goal is to reduce fragmentation across digital asset services by allowing users to manage different crypto activities through a single platform.

The company says users retain control of their assets while accessing features including portfolio tracking, trading tools, cross-chain swaps and ecosystem reward activities.

$1,000 Swap Campaign Launches

Alongside the Coffer integration, Sumex and Coffer have launched a promotional campaign with a total reward pool of $1,000.

Eligible users can participate by completing qualifying swap activities through Coffer routes available on Sumex.

The campaign is available through the Sumex Rewards Hub and is designed to introduce users to the newly integrated liquidity routes.

Participation requirements, eligibility conditions and reward distribution details are subject to the applicable campaign terms.

Future Liquidity Integration Plans

Sumex said the Coffer partnership may expand beyond swap routing.

The company plans to explore additional integration opportunities involving liquidity pools, which could allow users to access further decentralized finance functionality through the Sumex platform.

Any future features would depend on technical development, availability and applicable platform requirements.

The planned expansion aligns with Sumex’s broader objective of bringing multiple centralized and decentralized finance services into a unified digital asset environment.

About Sumex

Sumex is a non-custodial digital asset platform designed to connect portfolio management, trading, investing and rewards across centralized finance (CeFi) and decentralized finance (DeFi).

Through its Connection Manager infrastructure, Sumex enables users to connect supported exchange accounts, Web3 wallets and digital asset services within one interface.

The platform provides access to features including portfolio management, trading tools, cross-chain swaps and ecosystem participation opportunities.

Website: https://sumex.io/

Telegram: https://t.me/sumex_official

Discord: https://discord.gg/6ZcAGRNkua

X: https://x.com/Sumex_Labs

Disclaimer

Digital assets, cryptocurrency platforms and decentralized finance services involve significant risks, including market volatility, liquidity risks, cybersecurity risks, smart contract vulnerabilities and potential loss of funds.

Participation in cryptocurrency swaps, liquidity programs, reward campaigns or other digital asset activities does not guarantee financial returns.

Users should conduct independent research, review applicable terms and conditions, and evaluate their own risk tolerance before participating in any digital asset-related activity.

Collectors can browse, buy and sell Solana NFTs alongside the network’s fungible tokens, with Mad Lads and Claynosaurz available at launch.

OpenSea has added Solana NFTs to OS2, allowing collectors to browse, buy and sell the network’s digital collectibles through the marketplace.

The August 31 launch expands OpenSea’s Solana offering beyond fungible tokens. The company said collectors can use the platform without switching wallets or visiting multiple marketplaces, while Solana creators gain another venue for reaching buyers.

OpenSea named Claynosaurz, Mad Lads, Collector Crypt and Phygitals among the collections available at launch. Solana NFTs now sit alongside assets from more than 25 blockchains supported by OpenSea.

OS2 Moves Beyond Solana TokensOpenSea’s OS2 release in May 2025 provided fungible-token trading across 19 chains, including Solana. The new NFT support fills out the Solana side of the platform with collection browsing and trading.

The marketplace had previously announced an “initial beta” for Solana in April 2022. That post did not state how many collections the beta covered or describe its trading functions. In its current announcement, OpenSea said users can buy, sell, trade and bid on top Solana collections.

OpenSea’s addition creates more overlap with established Solana marketplaces. Magic Eden’s Solana page features Claynosaurz, Mad Lads and Collector Crypt, while Tensor lists Claynosaurz, Mad Lads and BoDoggos among the collections on its platform.

The marketplace pages reviewed do not provide a direct venue-volume comparison. OpenSea’s rankings page displays columns labeled “1d Vol” and “1d Sales,” Magic Eden shows collection columns for volume and sales, and Tensor displays 24-hour volume and sales by collection. Those pages establish overlapping catalogs and trading activity, but not how much Solana NFT volume each venue executed over the same period.

For collectors, the immediate change is access: OpenSea says Solana NFTs can now be browsed, bought and sold using the wallet and setup they already use on the platform.

After a sharp rise in Bitcoin and altcoins, the trend has recently turned downwards, but a new study published by ARK Invest and Glassnode reveals noteworthy data regarding the decentralization of cryptocurrency networks.

A joint study by Ark Invest and Glassnode has revealed a remarkable picture of the decentralization of the Bitcoin, Ethereum, and Solana networks.

According to this study, in the Bitcoin and Ethereum networks, it is sufficient for three independent actors to act in coordination to reach the level considered a critical threshold. In contrast, Solana requires 19 organizations.

Three Bitcoin Mining Pools Exceed the 51% Threshold! One of the most striking findings of the study concerned the Bitcoin network. The study revealed that Bitcoin requires three organizations each to accumulate enough processing power or stakes to influence block production.

At this point, the critical control threshold for Bitcoin is considered to be 51% of the network’s total mining power.

Research data for 2026 shows Foundry USA with 27.27%, AntPool with 17.06%, and F2Pool with 16.96% of hash power. The combined hash power of these three mining pools is sufficient to surpass the critical 51% threshold.

However, researchers also point out that this data does not mean that Bitcoin is controlled by three companies.

In Ethereum, the Critical Threshold is Three Actors!

In the case of Ethereum, the research uses a different threshold due to the structure of the Proof-of-Stake mechanism. For Ethereum, the critical threshold is considered to be 33% of the total stake amount.

According to the study, the critical threshold on the Ethereum network can only be surpassed by the total stake controlled by the three largest staking organizations. However, this does not mean that Ethereum is directly controlled by these three companies. These staking organizations perform verification on the network by pooling ETH belonging to numerous different users.

The Situation is Different in Solana! The study concluded that, unlike Bitcoin and Ethereum, Solana requires the coordination of 19 independent assets to reach the same critical threshold. At this point, Solana sacrifices decentralization in exchange for higher performance and faster coordination.

The study concluded that even if a particular mining pool or validator constitutes a large share of the network, this does not automatically mean that the operator directly owns all of the underlying hash power or staked assets.

*This is not investment advice.

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FORBES: Charles Schwab Shock Has Solana Traders Suddenly Eyeing $109

THORChain now has a public-facing dashboard that puts its revenue, trading volume, staking data, and network distribution metrics on full display. The move is part of a broader transparency push that includes a collaboration with DeFiLlama and independent analytics from data analyst Raynalytics.

The numbers behind the comeback In July 2026, its first full month after restarting trading, the protocol generated $950K in fees, placing it 12th among all decentralized exchanges. Trading volumes during that same month hit approximately $797M.

As of mid-August 2026, THORChain’s cumulative fees have reached $173M, while total swap volume has crossed $124B.

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The protocol’s core value proposition has always been enabling native asset swaps without wrapped tokens or bridges. You send real BTC and receive real ETH, with liquidity providers and node operators earning fees from every transaction.

DeFiLlama enters the picture THORChain began collaborating with DeFiLlama back in April 2026, working on data integration and dashboard improvements. That collaboration culminated in DeFiLlama launching its own THORChain Ecosystem Dashboard in August 2026, covering key financial metrics and analytics.

Part of the joint effort has also been directed toward building an institutional investment dashboard, giving compliance teams access to clean data and verifiable metrics.

Context: why transparency matters now Earlier in 2026, the protocol suspended trading after a security exploit forced the team to pause operations. The $950K in July fees and $797M in trading volume suggest the rebuilding is working, with liquidity providers returning and fee distribution flowing to node operators and liquidity providers.

What this means for the broader DEX landscape Unlike Uniswap or Curve, which operate within single ecosystems, THORChain facilitates swaps across entirely separate blockchains, enabling users to move between Bitcoin and Ethereum without relying on centralized exchanges or wrapped assets. Landing at 12th among DEXs by fees in its first month back demonstrates that demand for native cross-chain swaps persisted despite the trading pause.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Arbitrum DAO generated $6.19 million in revenue in the first half of the year, with Robinhood Chain emerging as a new revenue source.

An unaudited report released by the Arbitrum Foundation shows that Arbitrum DAO generated $6.19 million in revenue in the first half of 2026, with sources including Arbitrum One transaction fees, Timeboost sequencing priority auctions, scaling program licensing fees, and treasury management returns. The protocol’s gross profit margin exceeded 97%, and non-ARB treasury assets stood at $125 million as of the end of June. In H1 2026, Arbitrum processed a total of 478 million transactions, accounting for roughly 18% of its cumulative lifetime total of 2.7 billion transactions; monthly average stablecoin transfer volume surpassed $70 billion, and the number of stablecoin holders rose 40% to 10.5 million. Additionally, Arbitrum has deployed over 2,000 tokenized RWAs. Robinhood Chain, built on Arbitrum’s tech stack, launched its mainnet on July 1, contributing $360,000 in licensing fees to the DAO that month, making up 35% of its monthly revenue. On September 1, Robinhood Chain hit daily fees of $3.75 million, decentralized exchange (DEX) volume exceeding $1.5 billion, and total value locked (TVL) of over $750 million.

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Agent of "BTC OG Insider Whale": Bitcoin has held the $76,600 support level; if it breaks through $79,000, it could test higher highs.

Garrett Jin, the representative of the "BTC OG Insider Whale", stated in a post that Bitcoin (BTC) has held the critical level of $76,600. If BTC climbs further above $79,000, the price may attempt to form a higher high. However, even if BTC does post a higher high, this would still not be sufficient to confirm a genuine breakout in the market.

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NVIDIA rises nearly 5%, with its current market capitalization standing at $5.49 trillion.

According to market data from BIT (bit.com), NVIDIA's stock rose 4.82%, with its current market capitalization standing at $5.49 trillion.

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Making money from FOMO? The peak APR for the JINQIAN liquidity pool (LP) on Uniswap hit 83,832%.

Tonight, the "short squeeze on underlying stocks" narrative surrounding JINQIAN/FAMI on Robinhood’s blockchain has been denied by the parties involved, putting an end to the on-chain hype. However, a review of the entire incident shows that the biggest gains were not only made by top on-chain traders; smart money also reaped substantial profits by setting up JINQIAN trading pair liquidity provider (LP) pools on Uniswap. According to data from Uniswap’s official page, during JINQIAN’s first rally from a $7 million market cap to $60 million, the peak APR of its main trading pair JINQIAN/ETH hit 83,832%, and has since dropped to 79,708%. As of press time, the JINQIAN/USDG trading pair still has a 6% transaction fee, with the pool’s annualized APR reaching as high as 126,440%. This means that if traders bought JINQIAN tokens during the rally, then established liquidity pools at higher price levels, timely collected LP fees, and sold off part of their JINQIAN holdings, their risk-reward ratio would be far higher than that of simply holding JINQIAN tokens. However, current market sentiment has become overly FOMO, and on-chain scams are on the rise. Even setting up LP pools for individual popular meme coins cannot fully avoid risks from token price fluctuations, so users should exercise caution with their investments.

15 minutes ago

The market caps of JINQIAN and FAMI have both fallen over 70% from their peaks; crypto KOL Rune claims the idea of acquiring a Nasdaq-listed company was generated by Claude.

According to GMGN market data, JINQIAN’s market cap has fallen to $15.04 million, down over 79% from its all-time high. FAMIJINQIAN’s market cap stands at $15.35 million, a drop of more than 71% from its peak. Crypto KOL Rune (@RuneCrypto_) previously claimed to have acquired a 37.4% stake in a Nasdaq-listed company for $1.8 million, with plans to pair tokenized stocks with meme coins—claims that sparked a sharp rally in related meme tokens. Twenty minutes ago, Rune posted a clarification, noting that the earlier disclosed plan (“acquiring a Nasdaq-listed company and tokenizing its equity on Robinhood Chain”) was actually a post generated by Claude, with all related data being fabricated or exaggerated.

15 minutes ago

Gemini 3.8 Flash officially launches: price remains unchanged, outperforms Opus5 in multiple evaluations.

Insight: Beating AI Flash News – Google officially launches Gemini 3.8 Flash. The new model continues to focus on long-duration software engineering and autonomous agents, with a context window of approximately 1 million tokens and a maximum output of 65,000 tokens. Google’s hosted Antigravity Agent has been set to default to 3.8 Flash. In Google’s own benchmark comparison, 3.8 Flash took first place in 8 out of 14 test groups. DeepSWE v1.1 rose from 65.3% to 71.0%, approaching Opus 5’s 74.0%. Terminal-bench 2.1 hit 89.4%, slightly outperforming Opus 5’s 89.1% and GPT-5.6 Sol’s 88.8%. It also scored top marks in financial agents, legal agents, complex chart reasoning, and long-video comprehension. However, it did not outperform the flagship model across the board. Terminal-bench 4.0 scored only 19.1%, compared to Opus 5’s 51.8%. OSWorld-2.0 also lagged behind Opus 5’s 75.4% with a score of 59.0%. 3.8 Flash currently charges $0.75 per million input tokens and $3.75 per million output tokens, matching the pricing of 3.7 Flash. Both unit prices are only 15% of Opus 5’s. The discount is valid through December 31, and will double on January 1, 2027.

15 minutes ago

Crypto whales added three altcoins in the first 30 hours of September, a month Bitcoin has closed lower in five of the last eight years.

Bitcoin September Record: BeInCryptoThe market opened it 2.2% below Tuesday’s high, so the buying went against the broader market .

Uniswap (UNI)Nansen-labelled crypto whale wallets lifted UNI holdings from 3.20 million to 3.46 million on September 2, a 257,777-token increase worth about $1.62 million. The cohort grew from eight wallets to nine, so a new large holder joined.

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The flows around it agree. Fresh wallets took in $2.91 million and exchange balances fell by 351,274 UNI, per Nansen wallet data. UNI is up 9% in 24 hours and 47% on the week, and it returns to this list after whales bought it in July.

UNI Whales Versus Perp Traders: BeInCryptoUsage backs the move. Uniswap handled $2.69 billion in daily volume and $10.7 million in fees, per DeFiLlama protocol data, and those fees feed the UNI burn mechanism approved last December, so heavier trading removes UNI from circulation.

Usage and Price: BeInCryptoTwo groups hedged instead of following. Derivatives traders cut $854,910 of UNI exposure while staying net long, and the whales themselves were net DEX sellers of $130,256 even as balances grew, which reads as locking in part of the gain.

Orca (ORCA)Orca is the cleanest contrarian setup of the three. Labelled crypto whale balances rose from 160,325 to 201,097 ORCA, a 25.4% jump, while the token fell 1.3%.

The cohort stayed at 10 wallets, so existing holders did the buying. Exchanges lost $263,753 of ORCA in 24 hours, the second-largest outflow in 30 days, pulling sell-side supply off the market. It seems that retail and whales are unified on this one.

ORCA Price Versus Whale Balance: BeInCryptoYet, the weekly picture is weaker. Whale flow over seven days is still negative $417,113, so one strong day has not undone a week of selling.

Pump.fun (PUMP)PUMP carries the most disagreement. Whale balances rose 62.75 million tokens, worth about $272,000, and fresh wallets added $1.83 million while the price fell 3.5%.

PUMP Whale and Trader Split: BeInCryptoThe other side is heavier. Smart traders sold $475,249, top-profit wallets sold $1.80 million, and exchange flow flipped from an $885,645 outflow to a $739,671 inflow inside the same window, and tokens moving onto exchanges are usually about to be sold.

Pump.fun has a huge built-in buyer of its own. The company says it spends half of everything it earns buying PUMP on the open market and destroying it, so those tokens can never be sold again. It burned $997,700 worth in the latest day.

That has shrunk the supply, but it has never stopped the price falling when holders sold faster than the company bought. Whale wallets held 4.745 billion PUMP when September began. If they fall back below that, the sellers have won.

PUMP Buyback Ledger: BeInCryptoAnalyst’s View: This is not an altcoin season. It is a bet on three tokens with a built-in buyer, made in a month Bitcoin usually loses.

Three Buyback Engines: BeInCryptoA buyback creates one steady buyer, not proof anyone else wants the token. And in all three cases the whale cohort sold on DEXs while its balances rose, so a rising balance means large wallets hold more, not that they bought on the open market.

Whales Inventory Versus DEX Trades: BeInCryptoUNI has the deepest confirmation, ORCA the sharpest divergence, PUMP the loudest counter-argument.

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Robinhood Chain, the brokerage giant’s Ethereum Layer 2 network built on Arbitrum’s Orbit stack, posted a record $3.75 million in user-paid fees in a single 24-hour period according to DefiLlama data. That spike translated into roughly $377,000 flowing directly to the Arbitrum DAO treasury in one day, a tangible windfall from a revenue-sharing arrangement that is quickly becoming one of the more interesting economic experiments in crypto infrastructure.

For a chain that only went live on July 1, 2026, those numbers are hard to ignore. Cumulative fees have already surpassed $13 million in just two months of operation.

Where the money is coming from The original pitch for Robinhood Chain leaned heavily on tokenized stocks and real-world assets. The reality, at least so far, looks a lot more like a memecoin casino.

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DEX volume on the chain peaked above $1 billion in a single week, driven largely by speculative trading on platforms like Pons and GMGN. Millions of daily transactions are flowing through the network, with memecoin launches providing the bulk of the activity that generates those eye-catching fee numbers.

Robinhood has also been subsidizing gas costs for users during this early period, absorbing a portion of the transaction expenses to attract activity. After accounting for Layer 1 settlement costs and the revenue share owed to Arbitrum, the company retains a majority of the fees generated.

The Arbitrum revenue pipeline The fee-sharing arrangement is baked into Arbitrum’s Expansion Program, which governs how Orbit-based chains interact with the broader ecosystem. Under this structure, Robinhood Chain is contractually obligated to route 10% of its net protocol revenue back to Arbitrum. That split breaks down to 8% directed to the Arbitrum DAO treasury and 2% to the Developer Guild.

At the record daily rate, that 10% cut produced approximately $377,000 in a single day for the Arbitrum ecosystem. Over weekly periods, the contributions have amounted to hundreds of thousands of dollars flowing into DAO coffers.

Can memecoin volume sustain a chain? Robinhood’s long-term roadmap still points toward tokenized equities and real-world assets as the foundation for sustained usage. Regulatory approval for tokenized stock trading on a public blockchain involves a thicket of securities law questions that memecoin launches conveniently sidestep.

For Arbitrum, the DAO collects its 10% regardless of whether the underlying activity is memecoin speculation or blue-chip equity settlement. Robinhood Chain’s fee generation has intermittently exceeded that of established networks, demonstrating that a well-known consumer brand with an existing user base can bootstrap blockchain activity faster than most crypto-native projects.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

PANews, September 2 - According to official platform data, the number of registered users on Gate has surpassed 60 million, marking a new stage in the platform's global development. As a global digital asset trading platform, Gate's continuously expanding user base reflects global users' recognition of its product capabilities, service experience, and brand value, and also demonstrates the platform's influence and long-term development potential in the digital asset industry. The platform supports trading in over 5,000 digital assets and more than 12,800 stocks and ETF assets. Centered on the investment, trading, and asset management needs of users in different regions, it continues to improve its product and service system, gradually expanding from digital asset trading to diverse scenarios such as stocks, ETFs, wealth management, payments, wallets, and Web3 applications, and further covering diverse asset services including RWA, foreign exchange, metals, and commodities.

Gate has built a 24/7 trading service system covering the U.S., Hong Kong, South Korean, and Japanese stock markets, supporting more than 10,000 U.S. stocks and ETFs, over 1,500 Hong Kong stocks, more than 1,000 South Korean stocks, and around 300 Japanese stocks, while also providing services such as fractional share trading, dividend entitlements, stock splits and reverse splits, and cross-broker transfers for U.S. and Hong Kong stocks. The platform pioneered zero-interest trading for U.S. stocks and has laid out products including stocks, Pre-IPOs, direct IPO access, and gStocks tokenized stocks. Relying on its continuously expanding user base, diversified asset service capabilities, and ecosystem infrastructure development, Gate is accelerating toward becoming a one-stop global digital financial ecosystem connecting the digital asset and traditional financial markets.

Sui DeFi protocol Full Sail to wind down after Switchboard incidentLatest NewsPublishedSep 2, 2026

Full Sail is shutting down after an attacker removed about $91,000 from three vaults during a security incident linked to oracle provider Switchboard.

Full Sail, a decentralized finance (DeFi) protocol on the Sui blockchain, plans to shut down after a security incident involving oracle provider Switchboard resulted in user losses.

Full Sail took to X on Tuesday to announce that the protocol is winding down, immediately disabling new deposits and liquidity provider (LP) reward claims. Regular pools will move to withdrawal-only mode after final security checks, with compensating users the protocol’s top priority, Full Sail said.

The decision follows a security incident last week that affected Full Sail’s automated vaults following a suspected compromise of Switchboard’s oracle infrastructure.

Full Sail first disclosed the incident on Saturday, saying it had confirmed a loss of funds and paused deposits and withdrawals while it investigated. Switchboard said in an X post on Saturday that it was investigating a potential compromise of its Move-based implementations and had halted its network on Aptos, Sui, IOTA and Movement.

Full Sail later said an attacker removed about $91,000 from three of its vaults. Virtue, a stablecoin lending protocol based on IOTA (IOTA), separately reported about $455,000 in losses and said the backing of its VUSD stablecoin had been impaired.

Full Sail said it will use its remaining protocol-owned liquidity to compensate users, while the team will cover any shortfall so community depositors are repaid first. The protocol expects to publish withdrawal and claim instructions within the coming days.

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Core DAO has begun coordinating an emergency hard fork after a small group of validators obtained CORE rewards above the blockchain’s intended issuance, prompting several exchanges to restrict token transfers.

Summary

Core DAO has contained an incident that allowed a small group of validators to claim CORE rewards above the protocol’s intended issuance. An emergency hard fork is being coordinated as a forward upgrade and will not roll back the network or reverse confirmed transactions. Coinbase, Bithumb, Coinone and other exchanges restricted CORE transfers around the time the reward issue was disclosed. Core has not disclosed how much excess CORE was issued or whether any of the additional tokens entered circulation. Core said on Sept. 1 that it had contained the issue and stopped what it described as “malicious validators” from drawing further excess rewards. The network is now working with validators on a permanent fix through a forward upgrade, meaning previously confirmed transactions will remain unchanged.

“Assets remain safe,” Core said, adding that a full technical postmortem would be published after the response is completed.

Update: the issue is contained and the malicious validators can no longer draw excess rewards.

We're now coordinating an emergency hardfork with validators to deploy the permanent fix. This is a forward upgrade, not a rollback.

Assets remain safe. Full post-mortem to follow. https://t.co/0sJOJf4Qco

— Core DAO 🔶 (@Coredao_Org) September 1, 2026 The project has not disclosed the amount of CORE distributed through the incident, the number of validators involved, how long they were able to obtain the excess rewards, or whether any of the additional tokens reached the market.

Core DAO hard fork will not reverse transactions Core first disclosed the problem on Monday, when it said a small number of validators were accruing block rewards significantly above the amount intended under the protocol.

Core Network — Status Update

We're aware of an issue causing a small number of validators to accrue block rewards above the protocol's intended issuance.

The root cause is identified and mitigations are in progress. User assets are safe. This affects reward issuance only, not…

— Core DAO 🔶 (@Coredao_Org) August 31, 2026 At the time, the project said it had identified the root cause and was working on mitigation measures. Core described the problem as limited to reward issuance and said it had not affected network security or custody of user assets.

By Tuesday, the team said the activity had been contained and moved to coordinate the emergency hard fork with its validator set. Core has not published an activation time for the upgrade or disclosed the technical vulnerability that allowed the excess rewards to be claimed.

The distinction between a forward upgrade and a rollback means the planned fork is intended to change the network rules from a specified point without rewriting transactions already recorded on the blockchain.

Mainnet upgrades can require coordination between validators and other network participants because nodes must run compatible software after new protocol rules take effect. As crypto.news previously reported, hard forks on production blockchains can require validators and users to reach agreement around the updated network rules.

Core has not said whether validators will need to install a specific software release before the emergency upgrade or what level of validator participation will be required for the fork.

The reward problem led several centralized exchanges to restrict CORE deposits or withdrawals while the network investigated the incident.

Coinbase paused sends and receives on the Core DAO network, according to its status page. Trading functions remained available, with buys, sells, conversions and fiat transactions unaffected by the network transfer restriction.

South Korean exchanges Bithumb and Coinone suspended CORE deposits and withdrawals, citing security concerns surrounding the network.

Bitget restricted CORE deposits and withdrawals under what it described as wallet maintenance, while LBank suspended deposits in response to project requirements. The exchanges did not attribute losses of customer funds to the Core incident.

Core has maintained that user assets were not affected and said the problem involved the issuance of validator rewards.

The project has yet to disclose whether the exchanges will need to complete technical work related to the hard fork before normal CORE transfers can resume.

Validator rewards remain under scrutiny The unanswered questions center on the amount of CORE obtained by the validators and the mechanism that allowed them to receive more than the protocol intended.

Core has not said whether the excess rewards represented newly created CORE, rewards that would otherwise have been distributed at a later date, or another accounting problem within the validator reward system.

The project has likewise not disclosed whether any of the validators sold, transferred or otherwise moved the additional CORE after receiving it. Its planned postmortem is expected to provide technical details about the root cause, though Core has not given a publication date.

Validators form part of Core’s network architecture, which combines delegated proof of stake with Bitcoin-linked security. Core has spent the past several years building its network around Bitcoin staking and decentralized finance applications.

In March 2025, Core integrated with Cobo to expand its dual Bitcoin staking service for institutional users in Asia. The arrangement allowed Cobo users to stake Bitcoin and CORE while earning BTC-denominated yields.

At that point, institutions had used Core to stake more than 6,200 BTC, while more than 150 Ethereum Virtual Machine-compatible decentralized applications had been integrated into the ecosystem. Core’s total value locked stood above $525 million when the partnership was announced.

The network had already become one of the largest Bitcoin sidechains by locked value. Earlier data showed Core with $423 million in TVL while 55% of Bitcoin’s hash rate was helping secure the network. Messari data cited at the time showed Core had 23 validators during the second quarter of 2024.

Core’s validator system plays a direct role in distributing CORE rewards. The current incident, however, remains limited in publicly disclosed technical details because the project has not explained which part of that reward process was exploited.

Emergency upgrade follows other recent hard forks Core’s planned response comes shortly after other blockchain networks used hard forks to modify protocol rules, though the reasons for those upgrades differed.

BNB Chain, for example, activated its Pasteur hard fork on Aug. 25 after scheduling changes to bridge verification, validator authorization and block capacity.

One of the Pasteur changes addressed a cross-chain verification weakness that could allow duplicate validators to be counted when determining whether an approval had reached the required threshold. BNB Chain said it had not identified an exploitation of that flaw or linked it to asset losses before the correction was deployed.

Cardano completed another network upgrade in July when the van Rossem hard fork moved its mainnet to Protocol Version 11 that introduced changes to Plutus costs while preparing the network for its planned Ouroboros Leios architecture.

Core’s emergency upgrade is being coordinated after the reward problem was detected rather than as part of a previously announced protocol development schedule.

The network has said the excess reward activity can no longer continue under the mitigation already put in place. Core has not disclosed the identities of the validators it described as malicious or whether it plans to take further action against them.

Its forthcoming postmortem is expected to address the technical cause of the incident, while the amount of excess CORE issued and whether any of those tokens entered circulation remain undisclosed.

TLDR Table of Contents

Dell 14S launch sends DELL stock up 9.49% in pre-market trading after decline. Dell 14S delivers up to 21 hours of battery life in a slim aluminum chassis. Intel Core processors power the Dell 14S for school and everyday multitasking. Dell targets students with two display options and four expressive color choices. Dell expands its consumer lineup as the 14S joins the premium XPS 13 range. Dell Technologies (DELL) stock rebounded sharply in pre-market trading after the company introduced its new Dell 14S laptop. DELL shares rose 9.49% to $464.65 after closing 6.80% lower at $425.00. The rebound followed Dell’s push to expand its consumer laptop lineup with a lighter and longer-lasting device.

Dell Technologies Inc., DELL

Dell 14S Targets Students With Longer Battery Life Dell designed the 14S for students and young adults who need portability, battery life, and everyday performance. The laptop offers up to 21 hours of Netflix streaming from a single charge. Dell also uses a denser battery cell that runs cooler and supports longer capacity retention.

The Dell 14S measures 13.5 millimeters thick and weighs about 1.15 kilograms. Dell built the laptop with an aluminum chassis and four color choices for broader consumer appeal. Buyers can choose Linen, Dusty Rose, Washed Denim, or Velvet Green finishes.

Dell also added two 16:10 display options to match different performance and battery needs. One model includes a 2.8K 120Hz panel for sharper visuals and smoother motion. Another version uses a 2K 60Hz panel for users focused on efficiency and value.

Dell Adds Intel Chips and Everyday Connectivity Intel Core 5 and Core 7 Series 3 processors power the new Dell 14S. Dell positioned these chips for multitasking across documents, browser tabs, video calls, and standard applications. The setup supports students and remote workers who need reliable daily performance.

Dell included an FHD camera, dual-array microphones, stereo speakers, and Wi-Fi 6E connectivity. Every configuration also supports Windows Hello for faster and more secure sign-in. The laptop includes two USB-C ports, HDMI connectivity, and a standard headphone jack.

These features place the 14S between entry-level laptops and Dell’s premium XPS 13 range. Dell plans to offer the device as an accessible alternative without removing key premium features. The company will announce final pricing closer to availability in each market.

Dell Expands Consumer and Gaming Product Lineup Dell plans to release the Dell 14S in North America during the fall season. The company also expects broader global availability as it expands the product beyond its premium segment. Dell has not yet disclosed final pricing for the new model.

The launch follows Dell’s earlier introduction of the XPS 13 for premium consumer buyers. Dell now uses the 14S to reach students and younger users seeking lower-cost portability. That wider product range strengthens Dell’s presence across different consumer notebook categories.

Dell also expanded its Alienware monitor lineup with two new OLED gaming displays. The Alienware 32 4K OLED targets high-resolution gaming across both PC and console platforms. Meanwhile, the Alienware 25 560Hz QD-OLED focuses on competitive gaming with a much faster refresh rate.

Key Highlights ARK Invest divested 7,450 AMD shares valued at approximately $3.4 million from two separate funds on September 1 Over two consecutive trading sessions, ARK accumulated more than 700,000 Rocket Lab shares totaling approximately $44.5 million ARK acquired 456,059 Block shares valued at $38.1 million during a market dip To finance these acquisitions, ARK liquidated roughly $26 million in Palantir holdings along with positions in Tempus AI and Shopify Analyst consensus rates both AMD and Rocket Lab as Strong Buys, with price targets of $647 and $110.60 respectively On September 1, Cathie Wood’s ARK Invest executed several significant portfolio adjustments, reducing exposure to certain technology names while deploying substantial capital into Rocket Lab and Block.

Rocket Lab USA, Inc., RKLB

Strategic Reductions in AMD and Palantir Positions The investment firm offloaded a total of 7,450 Advanced Micro Devices shares from its ARKQ and ARKX portfolios. With AMD closing at $459.61, these transactions represented approximately $3.4 million in total value.

Despite this trimming, ARK maintains a significant AMD position valued at roughly $160 million across its exchange-traded funds. This represents a modest portfolio adjustment rather than a complete divestment.

Following AMD’s impressive performance trajectory, ARK appears to be capturing gains through standard portfolio rebalancing practices.

Additionally, the firm liquidated approximately $26 million worth of Palantir stock, alongside smaller holdings in Tempus AI and Shopify, generating capital for reinvestment elsewhere.

Substantial Capital Deployment in Rocket Lab and Block ARK’s September 1 activity included purchasing over 504,000 Rocket Lab shares distributed across ARKK, ARKQ, and ARKX funds, representing approximately $31.6 million in value. This followed ARKK’s acquisition of another 200,303 shares the previous day for roughly $12.9 million. Combined, these transactions totaled more than 700,000 Rocket Lab shares.

Rocket Lab’s stock price has declined over 58% from its May peak. Wood’s buying activity suggests she’s capitalizing on the downturn.

Recent headwinds have weighed on the aerospace company’s valuation. NASA’s decision to award a Mars communications contract valued at up to $700 million to Jeff Bezos’ Blue Origin—bypassing Rocket Lab—disappointed investors. Additional concerns have emerged regarding insider stock sales and possible timeline extensions for the Neutron rocket initiative.

Despite these challenges, Rocket Lab delivered strong Q2 results with revenue climbing 62% to a record $234 million. The company’s backlog expanded 137% to reach $2.36 billion. Management continues to target Q4 2026 for Neutron’s arrival at the launch facility.

Simultaneously, ARK purchased 456,059 Block shares totaling $38.1 million as the stock declined 1.9%. This extends a sustained accumulation pattern that included approximately $21 million in purchases during early August and $15.4 million in mid-August.

Block’s second-quarter results showed gross profit reaching $3.17 billion, marking a 25% increase, with Cash App contributing 31% growth. The company achieved record adjusted operating income of $864 million.

Management elevated its 2026 gross profit projection to $12.51 billion and now anticipates adjusted earnings per share of $4.02, representing 70% year-over-year expansion.

Wall Street analysts maintain Strong Buy recommendations on both AMD and Rocket Lab. The consensus price target for AMD stands at $647.19, indicating 41% upside potential. Rocket Lab’s average analyst target of $110.60 implies possible gains of 77% over the next twelve months.

European natural gas prices climbed to their highest level in over 3 years, as renewed US strikes on Iran deepened concerns over prolonged disruption to energy flows from the Persian Gulf.

Europe’s benchmark, Dutch front-month futures, surged to 73.85 euros per megawatt-hour in early European trading. It has gained roughly 25% over the past month. At press time, it stood at 72.2 euros.

Dutch Front Month Futures Chart. Source: TradingViewFollow us on X to get the latest news as it happens

Storage Shortfall Leaves Europe ExposedThe front-month contract has not traded this high since the end of 2022, according to the Wall Street Journal. The rally reflects a supply problem that predates this week’s escalation.

EU gas stocks were 63% full in the final week of August. That sits well below the 80% average for late August in recent years.

Storage operators normally refill throughout the summer, when both demand and prices are lower. Gas analyst Greg Molnar said continued injection at the current pace could leave EU gas storage at just 72 bcm. 

That would put inventories 20%, or 19 bcm, below the five-year average. It would also mark the lowest storage level since 2013.

“Low storage levels are naturally increasing the risk of heightened winter price volatility,” he said.

Energy Costs Reach Consumer PricesThe shock has already landed in the eurozone inflation data. Inflation rose 3.3% in the year to August, up from 2.9% in July. Energy inflation drove the move, accelerating to 14.3%. Core inflation eased to 2.4%.

Escalation around the Strait of Hormuz has also clouded prospects for a recovery in regional liquefied natural gas (LNG) exports. Roughly 20% of global LNG shipments cross the waterway.

Analysts at ING said Europe currently outbids Asia for cargoes once shipping costs are counted. However, they expect competition between the two regions to intensify if Qatari volumes remain absent through year-end.

Goldman Sachs analysts said the benchmark may need to move above 100 euros per megawatt-hour should Middle East exports normalize only gradually through 2027. Meanwhile, Morningstar analyst Tancrede Fulop told CNBC that a cold winter could drive prices into the 90-120 euro range.

The squeeze is spilling into risk assets. Asian equities slid after strikes on Iran, while Bitcoin (BTC) reacted to the same escalation.

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Key Takeaways Advanced Micro Devices stock has gained 115% year-to-date despite a 2.4% decline on Tuesday amid market-wide selling pressure. Analyst consensus price target of $647.19 suggests potential for an additional 41% rally from current trading levels. BMO Capital launched coverage with a Buy rating and $550 price objective; Raymond James raised its rating to Strong Buy with a $641 target. The company’s Instinct MI355X AI infrastructure deployment is operational in Saudi Arabia, with expansion plans targeting 1 gigawatt capacity by decade’s end. Ark Invest divested more than $92 million in AMD shares during late August, sparking questions about near-term price action. Advanced Micro Devices posted quarterly sales of $11.54 billion, representing a 50.1% increase compared to the same period last year and surpassing Wall Street’s $11.31 billion forecast. Earnings per share reached $1.66, exceeding the consensus estimate of $1.62. The stock began trading Wednesday at $459.61, within its 52-week trading band of $149.22 to $584.73.

Advanced Micro Devices, Inc., AMD

Even after Tuesday’s modest retreat, AMD stock remains among the top semiconductor performers in 2026, posting a 115% year-to-date advance.

Wall Street Remains Optimistic BMO Capital’s Harsh Kumar launched coverage with a Buy recommendation and $550 price objective. Kumar characterized AMD as positioned “on the verge of becoming a complete AI infrastructure provider,” highlighting its comprehensive GPU, CPU, and DPU portfolio alongside the forthcoming Helios full-rack AI platform.

The Helios system is scheduled for September 2026 delivery and has already attracted attention from major tech players including OpenAI, Meta, and Anthropic.

Raymond James analyst Simon Leopold took a more aggressive stance, elevating AMD to Strong Buy status with a $641 price target, raised from his previous $565 forecast. Leopold highlighted robust server CPU demand and described AMD as offering the most compelling combination of earnings growth potential, data center exposure, and competitive gains among semiconductor companies.

Leopold anticipates AMD’s data center business will at minimum double during 2027, with a realistic scenario where AMD surpasses Intel in data center CPU revenue within the next two years.

The Street’s collective outlook stands at Strong Buy, backed by 28 Buy recommendations and 6 Hold ratings. The consensus $647.19 price target represents approximately 41% appreciation potential from present levels.

Middle East Expansion and Shareholder Activity AMD’s Instinct MI355X-powered AI infrastructure became operational in Saudi Arabia through a collaboration with Cisco and HUMAIN. The partners are targeting up to 250 megawatts of incremental capacity beginning in 2027, with ambitions to reach 1 gigawatt by 2030.

From an institutional perspective, Field and Main Bank established a fresh AMD stake during Q2, acquiring 19,373 shares valued at approximately $11.3 million. This purchase positioned AMD as the financial institution’s 13th-largest equity holding. Institutional shareholders control 71.34% of AMD’s total shares outstanding.

However, not all institutional activity pointed upward. Ark Invest liquidated 156,286 AMD shares valued at roughly $74.5 million on August 28, following an earlier disposal of 37,977 shares worth over $18 million on August 26.

Company insiders also executed sales during August through pre-established Rule 10b5-1 trading arrangements. EVP Forrest Norrod divested 17,261 shares at $459.95 on August 24, while EVP Mark Papermaster sold 28,811 shares at $471.87 on August 20.

AMD currently carries a P/E multiple of 118.15 and a PEG ratio of 4.87. Increasing treasury yields have created headwinds throughout the chip sector, weighing on AMD alongside industry peers Nvidia and Intel.

The stock’s 50-day moving average registers at $502.84, compared to its 200-day moving average of $389.16. AMD’s market capitalization currently stands near $750 billion.