Binance market data showed that Binance Alpha token AB fell from $0.0083 to $0.0000051 in two minutes, a drop of about 99%, and then rebounded to $0.00146, still down more than 80% on the day.
According to the Hong Kong Economic Journal, Joseph Chee, former head of UBS Investment Bank Asia and current executive chairman of Helius, the Solana treasury company, stated in a recent interview that his company aims to acquire at least 5% of Solana. He stated that as long as market capitalization and regulatory requirements are met, Hong Kong will be the second listing location, adding, "Maybe in six months (to meet the requirements), we will come here (Hong Kong) as soon as possible." Chee noted that Solana's processing power surpasses Ethereum's. While Tom Lee often says that large financial institutions, stablecoins, and payment companies are all built on Ethereum, many institutions are building applications on blockchains like Solana and Avalanche.
Coinbase receives approval to launch crypto staking service in New York
According to Decrypt, Coinbase announced the launch of crypto staking in New York. Users can stake Ethereum, Solana, Cosmos, Cardano, Avalanche, Polygon, Polkadot, and more. Cosmos is expected to offer an annualized yield of over 16%, while Ethereum is approximately 1.9%. Coinbase stated that it is proceeding with the launch under clear state regulations. Its staking service now covers 46 states, excluding California, New Jersey, Maryland, and Wisconsin. This move follows the resignation of Adrienne Harris, former director of the New York Department of Financial Services, who reached a $100 million settlement with Coinbase in 2023 over compliance and control deficiencies.
CZ Issues BNB Meme Season Risk Warning: Overlapping with Tweets Does Not Endorsement
Binance founder CZ (Changpeng Zhao) retweeted, stating that his tweets do not actively avoid meme content, and any overlap with memes is coincidental and not an endorsement. Yazan also reminded users participating in the "BNBmeme Season" that allocating tokens to the CZ wallet does not reduce the risk of zeroing out, and meme coins remain high-risk assets.
According to Bloomberg, the UK Treasury will establish a "Digital Markets Champion" to oversee the digitization (tokenization) of wholesale financial market asset issuance, trading, and settlement using blockchain. Lucy Rigby, the Treasury's Economic Secretary, announced the establishment of a "Dematerialization Market Action Taskforce" to oversee the transition from paper-based equity certificates to electronic ones. The government has also released its "Wholesale Financial Markets Digital Strategy" to promote the adoption of blockchain and artificial intelligence, and has launched a "Digital Gilt" (DIGIT) tender, inviting technology providers to participate in the issuance of UK government bonds on a blockchain.
DTCC Lists Canary Trump Coin ETF, Symbol TRPC
According to Crypto Briefing, the DTCC has listed the Canary Trump Coin ETF (ticker: TRPC) on its platform. The product tracks the Solana-based "Trump Coin" meme, a politically-themed crypto asset. The DTCC listing brings the ETF one step closer to mainstream trading availability, though it still requires further regulatory and issuance processes.
Grayscale adjusts the composition and weighting of its DEFG, GSC and AI funds, adding AERO and IP
Grayscale Investments announced third-quarter adjustments to its three funds: The DeFi Fund (DEFG) removed MakerDAO (MKR) from its CoinDesk DeFi Select Index and added Aerodrome Finance (AERO). The adjusted weights are: Uniswap 32.32%, Aave 28.07%, Ondo 19.07%, Lido 7.02%, Curve 6.92%, and AERO 6.60%. The Smart Contract Fund (GSC) was rebalanced according to the CoinDesk index to: Ether 30.32%, Solana 30.97%, Cardano 18.29%, Avalanche 7.57%, Sui 7.35%, and Hedera 5.50%. The Decentralized AI Fund (AI) has added Story (IP), with weightings of NEAR 25.81%, Bittensor 22.15%, IP 21.53%, Render 12.91%, Filecoin 11.39%, and The Graph 6.21%. All three funds do not distribute dividends, and their holdings decrease as expenses are paid.
Coinbase to Launch Spot Trading of LINEA, NOICE, and SYND
Coinbase Markets announced that spot trading for LINEA, NOICE, and SYND will begin. The LINEA-USD, NOICE-USD, and SYND-USD trading pairs will be available in supported regions after 9:00 AM Pacific Time on October 9th. Support will be available on Coinbase.com, the Coinbase App, and Coinbase Advanced, and institutions can access the platform through Coinbase Exchange.
Monad posts hint at token airdrop
Monad posted an airdrop announcement on its official X account: "Airdrop claims loading (98% complete)." Previously, Monad had stated that it might launch its mainnet this year.
IMF chief: Fed may need to cut rates further
According to Jinshi.com, IMF Managing Director Kristalina Georgieva indicated that the Federal Reserve may need to cut interest rates further. The US dollar index (DXY) reportedly reached 99, the first time since early August, up 0.42% on the day.
According to Lookonchain monitoring, today 10 US Bitcoin ETFs had a net inflow of 7,743 BTC, of which BlackRock had an inflow of 7,401 BTC. BlackRock currently holds 798,747 BTC; 9 Ethereum ETFs had a net inflow of 100,855 ETH, of which BlackRock had an inflow of 97,695 ETH. BlackRock currently holds 4,050,518 ETH.
According to data disclosed by HODL15Capital on the X platform, BlackRock IBIT has been buying Bitcoin for seven consecutive weeks, totaling approximately 54,423 Bitcoins, including: 1. 15,177 Bitcoins purchased today and yesterday; 2. 15,121 Bitcoins purchased last week; 3. 1,550 Bitcoins purchased two weeks ago; 4. 7,500 Bitcoins purchased three weeks ago; 5. 9,100 Bitcoins purchased four weeks ago; 6. 3,750 Bitcoins purchased five weeks ago; 7. 2,225 Bitcoins purchased six weeks ago.
September economic forecasts show 10 Fed officials support two more rate cuts this year
According to Jinshi, the Federal Reserve is approaching a critical juncture for another interest rate cut this year. The minutes, due to be released early Thursday morning Beijing time, are expected to reveal the majority of officials' decision-making regarding subsequent rate cuts. Last month's economic forecast indicated that 10 Fed officials favored two more rate cuts this year, while another nine preferred only one or no rate cuts. The minutes will help the market clarify the specific focus and severity of officials' disagreements. "We expect significant divergence in the minutes, but these views have already been reflected in the public statements of officials over the past three weeks," said Samuel Tombs, chief US analyst at Panson Macroeconomics.
A newly created wallet suspected to belong to BitMine purchased 20,020 ETH
According to Lookonchain monitoring, two hours ago, a newly created wallet suspected to belong to BitMine bought 20,020 ETH worth US$89.7 million from FalconX.
IMF President: Monetary gold holdings now exceed one-fifth of global official reserves
According to Jinshi.com, IMF Managing Director Kristalina Georgieva stated that monetary gold holdings now exceed one-fifth of global official reserves. The IMF projects medium-term global economic growth of around 3%, down from 3.7% before the COVID-19 outbreak. A significant correction in stock market valuations could drag down global economic growth and severely impact developing countries.
Ethena and Jupiter Partner to Launch JupUSD, Solana’s Native Stablecoin
According to The Block, Ethena announced a partnership with Jupiter to launch Solana's native stablecoin JupUSD. The token is scheduled to be launched in the fourth quarter. As part of the agreement, Jupiter plans to "gradually convert" approximately $750 million in USDC in its liquidity provider pool into JupUSD.
Square Launches Bitcoin Wallet Solution 'Square Bitcoin'
According to Businesswire, payment giant Square announced the launch of "Square Bitcoin", a Bitcoin wallet solution for corporate users. It is reported that Square Bitcoin consists of Bitcoin Payments, Bitcoin Conversions, and Bitcoin Wallet. It supports accepting Bitcoin payments, converting funds obtained from bank card transactions into Bitcoin, and can be purchased, sold, held and withdrawn within the wallet.
Predictive Oncology Completes $343.5 Million PIPE Financing to Support ATH Token Treasury Strategy
According to Globenewswire, Nasdaq-listed company Predictive Oncology announced that it has completed a $343.5 million PIPE financing. The company will use the funds to purchase ATH tokens on the open market to support its ATH token treasury strategy. (Note: ATH is the native utility token of the Aethir ecosystem)
DDC Enterprise Limited, a NYSE-listed company, has completed a $124 million equity financing round led by PAG Pegasus Fund, OKG Financial Services Limited (a subsidiary of OKG Technology Holdings Limited), and Mulana Investment Management. DDC Founder, Chairman, and CEO Zhu Jiaying personally invested $3 million. Almost all participating investors in this round (including the founders' investment) have committed to a 180-day lock-up period from the closing date to support the execution of DDC's Bitcoin treasury strategy.
According to Globenewswire, blockchain digital identity platform TransCrypts announced the completion of a $15 million seed round of financing, led by Pantera Capital, with participation from Lightspeed Faction, Alpha Edison, Motley Fool Ventures, California Innovation Fund and a group of angel investors. The new funds will support its optimization and construction of a blockchain platform for digital identity and credential verification to prevent artificial intelligence fraud and deep fake technology from eroding network trust.
According to PRNewswire, cryptocurrency life insurance company Anthea announced that it has completed a US$22 million Series A financing round, led by Yunfeng Financial and participated by a group of strategic investors in the insurance, asset management and financial technology fields. The new funds will be used to support its launch of ETH-denominated life insurance products, while continuing business operations and accelerating product development and innovation.
Jensen Huang: I have invested in Musk xAI but I regret not investing in OpenAI earlier
According to Jinshi.com, Nvidia CEO Jensen Huang confirmed that Nvidia has invested in xAI, a startup owned by Elon Musk. Huang said he was very excited about xAI's ongoing financing, and frankly admitted that he hopes to participate in almost all areas that Musk is involved in. Regarding another AI giant, OpenAI, he mentioned that the deal reached between Nvidia and OpenAI will help the startup prepare to become a "self-hosted hyperscale data center operator", but he himself was not aware of the deal between OpenAI and AMD before it was publicly announced. In addition, Huang Renxun frankly regretted not investing in OpenAI earlier, and pointed out that OpenAI's revenue is growing exponentially. When asked how OpenAI would fund the deal with Nvidia, he responded that OpenAI "doesn't have money yet" and will raise funds through revenue and equity or debt financing.
Nvidia CEO says he's an investor in Musk's XAI project
Nvidia's CEO said he is an investor in Elon Musk's XAI project. When asked how OpenAI will raise funds for the transaction with Nvidia, he said that OpenAI "has no funds yet" and will raise funds through revenue and equity or debt financing.
Ethereum treasury company Bit Digital announced on the X platform that it has increased its holdings by 31,057 ETH, bringing its current holdings to 150,244 ETH.
According to Arkham monitoring, about 20 minutes ago, an address associated with a suspected Dolomite wallet deposited 10 million DOLOs into Binance, worth $1.09 million.
Lista DAO officially announced on the X platform that its security team has detected unusual price fluctuations in a collateral asset ($YUSD) within the Lista lending protocol. As a precautionary measure, the platform has been temporarily suspended to ensure the full protection of all user funds. A detailed investigation is currently underway, and service will be restored as soon as the system is confirmed to be completely secure and stable. All funds within the Lista lending protocol are safe.
The three whales accumulated a total of about 2,333 BTC in the past 12 hours.
According to Lookonchain monitoring, three whales have accumulated a total of about 2,333 BTC in the past 12 hours, including: 1. Whale bc 1 qr 9 withdrew 650 BTC from Binance in the past 20 minutes, worth US$80 million, and currently holds 2,091 BTC; 2. New wallet 35 usJu received 1,183 BTC from Galaxy Digital 8 hours ago, worth US$144 million; 3. New wallet 1 EPzzK received 500 BTC from BitGo 12 hours ago, worth US$60.85 million.
Bitwise: Inflows into US spot Bitcoin ETFs may hit record highs in the fourth quarter of this year
In its latest market analysis report, Bitwise predicts that inflows into US spot Bitcoin ETFs will hit a record high in the fourth quarter of this year and exceed the total inflow of $36 billion in 2024. Bitwise Chief Investment Officer Matt Hougan stated that Bitcoin ETFs will have three catalysts: the entry of wealth management firms, the recent surge in Bitcoin prices, and the implementation of "depreciation trades." He predicts that many Wall Street investment advisory firms will add gold and Bitcoin to their client portfolios to capture stronger-performing assets.
A whale sold 7.64 million "4" tokens for a profit of $1.31 million
According to Onchain Lens monitoring, a whale sold 7.64 million BNB tokens for 1,100 BNB (worth $1.45 million), making a profit of $1.31 million. The address bought these BNB tokens only 7 days ago for $132,000.
A Bitcoin OG whale sold 3,000 BTC through HyperLiquid and received 363.9 million USDC
According to Spot On Chain, a prominent Bitcoin whale sold 3,000 BTC via HyperLiquid over the past nine hours, acquiring 363.9 million USDC. Currently, the whale holds 46,765 BTC across 11 wallets, valued at approximately $5.73 billion. Notably, the whale sold over 30,000 BTC between August 20 and September 16, when the BTC price was approximately $112,000, to buy and long ETH.
According to Yahoo, Japanese listed company Lib Work announced that it has spent approximately $3.3 million to purchase 29.6431 Bitcoins for the first time, with an average purchase price of $112,140 per Bitcoin. Lib Work is a 3D printing construction company that previously announced that it would include Bitcoin in its corporate reserve assets.
Nasdaq-listed company Hyperion DeFi increased its holdings by over 42,052 HYPE tokens
On-chain data shows that Nasdaq-listed Hyperion DeFi increased its holdings of HYPE tokens by 42,052.14 approximately 14 hours ago, purchasing them at an average price of $46.343. As of now, the company's total holdings of HYPE tokens have reached approximately 1.75 million, valued at $79.5 million. Hyperion DeFi, Inc. (HYPD), formerly known as Eyenovia (EYEN), an ophthalmology company, announced a $50 million PIPE financing round in June, launching its HYPE Treasury reserve strategy. On July 3rd, the company officially changed its name to Hyperion DeFi and updated its stock ticker to HYPD.
Binance will launch 4USDT perpetual contracts with up to 50x leverage
Binance will launch a 4USDT perpetual contract at 11:30 AM (UTC) on October 8, 2025, with up to 50x leverage. This contract supports multi-asset margin and will be open for futures copy trading within 24 hours of launch.
According to Lookonchain monitoring, a trader bought 4.25 million Binance Life and 1.91 million Binance Auto, both of which are currently in a floating loss state. The trader previously made a profit of US$2.4 million on APX. He also bought 10,438 GIGGLE and currently has a profit of US$962,000.
