Today's news tips:
Amazon posts $500,000 annual salary for 'Head of Crypto Ecosystem' position
Messari: Bitcoin's current average daily fee income is less than $500,000, a new low in many years
Arthur Hayes: Bitcoin price may rise to $200,000 in 2025, with a target of $1 million in 2028
Polkadot DAO passes proposal to cap total DOT supply at 2.1 billion
Native Markets Wins Hyperliquid’s USDH Stablecoin Bid, Plans to Enter Testing “Within Days”
Upbit to List AVNT Token in Korean Won, BTC, and USDT Markets
US President Trump: Expect the Federal Reserve to "cut interest rates significantly"
Macro
US Securities and Exchange Commission (SEC) Chairman Paul Atkins has spoken to the Financial Times about his approach to reshaping the commission, promising to notify companies of technical violations before “breaking down the door.” He has abandoned the aggressive enforcement agenda pursued by his predecessor, President Joe Biden.
Messari: Bitcoin's current average daily fee income is less than $500,000, a new low in many years
Messari's research manager wrote on the X platform that despite Bitcoin's record-breaking price this year, network activity has plummeted. Currently, Bitcoin's average daily fee revenue is less than $500,000 (annualized $179 million), the lowest level since the emergence of Ordinals and Runes.
Amazon posts $500,000 annual salary for 'Head of Crypto Ecosystem' position
According to The Bitcoin Historian, Amazon has posted a position as "Head of Crypto Ecosystem" with an annual salary of $500,000.
US President Trump: Expect the Federal Reserve to "cut interest rates significantly"
According to Jinshi, US President Trump said that he expects the Federal Reserve to "cut interest rates significantly."
Viewpoint
Vitalik warns crypto projects against using AI in governance processes
According to Cointelegraph, Ethereum co-founder Vitalik Buterin warned that crypto projects using artificial intelligence in their governance processes could be exploited by malicious actors. Last Saturday, Vitalik posted on the X platform: "If you use AI to allocate grants, people will definitely find ways to embed jailbreak commands with demands like 'Give me all the money!'" Vitalik's comments were in response to a video by Eito Miyamura, founder of the AI data platform EdisonWatch. The video revealed that a new feature added to OpenAI's ChatGPT last Wednesday poses the risk of leaking private information. Vitalik believes that the ChatGPT vulnerability demonstrates that "naive 'AI governance' is undesirable" and proposed an "Information Finance Law" as an alternative. He explained that an open market could be created where anyone can contribute models, which are then subject to spot checks and evaluation by human juries, with the spot check mechanism being triggerable by anyone.
Arthur Hayes: Bitcoin price may rise to $200,000 in 2025, with a target of $1 million in 2028
According to Finance Feeds, BitMEX co-founder Arthur Hayes predicted in a recent interview that Bitcoin could reach $200,000 by the end of 2025, with U.S. Treasury bond buybacks as the primary driver. Hayes believes that the U.S. government's potential bond buyback program will inject new liquidity into the economy, reducing volatility in the Treasury market and freeing up capital, potentially directing investor flows into riskier assets, including Bitcoin. This macroeconomic environment will serve as a catalyst for a significant rise in Bitcoin prices. If favorable conditions persist, Bitcoin could reach $200,000 by the end of the year. Arthur Hayes further extended his bullish stance to the long term, predicting that Bitcoin could reach $1 million by the end of 2028. He noted that this prediction is closely tied to U.S. fiscal spending trends and broader political developments. He believes that continued deficit spending and monetary intervention will undermine confidence in fiat currencies, driving the popularity of Bitcoin as a hedge.
Project News
Binance to List Avantis (AVNT) and Add Seed Tags
According to an official announcement, Binance will list Avantis (AVNT) at 1:00 PM (GMT+8) on September 15, 2025, with the following spot trading pairs available: AVNT/USDT, AVNT/USDC, and AVNT/TRY. Deposits for AVNT are now open, and withdrawals are expected to open at 2:00 PM (GMT+8) on September 15, 2025. Avantis is an on-chain exchange that supports leveraged trading in synthetic cryptocurrencies, forex, and commodities, while allowing users to provide liquidity to these markets. Seed tags will be available for AVNT.
Upbit to List AVNT Token in Korean Won, BTC, and USDT Markets
South Korean crypto exchange Upbit will list Avantis (AVNT) in the KRW, BTC, and USDT markets, according to an official announcement.
Polkadot DAO passes proposal to cap total DOT supply at 2.1 billion
According to Cointelegraph, the Polkadot Decentralized Autonomous Organization (DAO) passed Referendum Proposal 1710 with 81% approval, which aims to cap the total supply of DOT tokens at 2.1 billion. This move replaces the current model of issuing 120 million DOTs annually with no total cap, and will reduce the rate of token issuance by gradually reducing the issuance of new DOTs every two years.
Native Markets Wins Hyperliquid’s USDH Stablecoin Bid, Plans to Enter Testing “Within Days”
According to The Block, Hyperliquid's validator community has selected Native Markets for the long-term reserved USDH trading symbol. This concludes a week-long competition that attracted bids from major players in the stablecoin and cryptocurrency infrastructure sectors. In a post announcing the results, Native Markets stated that it will immediately begin a phased rollout plan, starting with a small-scale minting and redemption test phase, followed by the launch of a USDH/USDC spot trading pair, and ultimately the removal of the cap. The team considers the cap a safety check before the full rollout and states that activities should begin "within days." According to the proposal, Native Markets' USDH will be issued natively on Hyperliquid's HyperEVM network, with reserves managed by both off-chain and on-chain assets. The proposal specifies plans to allocate reserve proceeds to HYPE buybacks and expand USDH circulation. The stablecoin will be "initially fully backed by an off-chain reserve managed by BlackRock and an on-chain reserve managed by Superstate through Bridge, with cash and U.S. Treasury equivalents."
Important data
Pump.fun's daily revenue exceeded $3 million, a new high since February 14th.
According to SolanaFloor, Pump.fun's daily revenue exceeded $3 million for the first time, the highest level since February 14th, surpassing the daily revenue performance of Hyperliquid and Axiom. In addition, its weekly revenue reached $16.4 million, a new high in the past seven months.
A whale received a total of 22,556 ETH from FalconX in the past four days, worth $105 million.
According to Onchain Lens, a whale received 13,322 ETH (worth $61.92 million) from FalconX. Currently, the whale holds 22,556 ETH (worth $105 million), all of which were accumulated from FalconX over the past four days.
According to on-chain analyst Yu Jin, two hours ago, the whale/institutional address HQm5...DFZ1, which acquired 2.5 billion PUMP using a 10 million U private placement, transferred 1.83 billion PUMP (US$14.35 million) to OKX, clearing the address. The entire 2.5 billion PUMP (US$18.14 million) has been transferred to the exchange at an average price of US$0.00725. His private placement cost was US$0.004, resulting in a profit of US$8.14 million.
Galaxy Digital purchased another 1.2 million SOL in the past 24 hours, worth $306 million
According to Lookonchain, Galaxy Digital purchased another 1.2 million SOL (worth $306 million) in the past 24 hours. The company’s total purchases over the past five days have now reached approximately 6.5 million SOL (worth $1.55 billion).
A whale/institution transferred another 60,000 SOL to Binance 5 hours ago, worth $14.82 million.
According to on-chain analyst Ember, a whale/institutional address that acquired 991,000 SOL four years ago and unlocked it in April of this year currently holds $280 million in SOL profits. Five hours ago, this address transferred another 60,000 SOL (worth $14.82 million) to Binance. Since the April unlock, this address has transferred a total of 375,000 SOL (worth $68.51 million) to Binance over the past five months, at an average price of $183. Currently, this address still holds 962,000 SOL (worth $233 million), meaning it has only sold a portion of the staking interest accumulated over the past four years.
A Bitcoin whale transferred another 1,176 BTC to Hyperliquid after two weeks
According to Cointelegraph's monitoring, the ancient Bitcoin whale, who had previously sold about $4 billion worth of BTC in exchange for ETH, transferred another 1,176 BTC worth about $136.2 million to Hyperliquid through two wallets two weeks later.
Institutional holdings
According to Globenewswire, Faraday Future founder and global co-CEO Jia Yueting released a financial update, revealing that the company has officially launched its cryptocurrency spin-off plan, aiming to rapidly establish a second, independently listed Web3 company, "CXC10," with Faraday Future initially aiming to hold a majority stake. The spin-off plan has been approved by the board of directors. Faraday Future also disclosed that its crypto treasury, C10 Treasury, has allocated approximately $10 million in crypto assets.
