Today's Highlights
1. Fed Chair Warsh to Speak at Jackson Hole, Market Awaits Clarity
2. ChangXin Memory Technologies to Test Market Hype in Public Offering
3. Free Webinar on Crypto Tax and SMSF in Perth, Australia
4. US Treasury to Auction $92 Billion in 3-Month Bills
5. Pre-IPO Investment Window Gains Strategic Importance
Macro News
Solana Governance Vote May Slash Issuance and Boost Token Burns
Solana's on-chain governance vote has driven SOL's price up over 8% in the past 24 hours, with traders anticipating reduced issuance and increased token burns as potential outcomes.
HashKey Revenue Rises 20.6% in First Half of 2026
HashKey reported a 20.6% revenue increase for the first half of 2026, with ETH, LINK, and TON among the key assets contributing to the growth.
Nvidia Reportedly Bids $12.9B for Hugging Face
Nvidia is reportedly in talks to acquire Hugging Face for $12.9 billion, a move that could centralize control over AI infrastructure and impact open-source model ecosystems.
New Zealand ACT Party Proposes Major Crypto Tax Overhaul
New Zealand’s ACT Party is pushing for a crypto tax reform that would exempt Bitcoin and other crypto gains after 12 months, aiming to make the country more crypto-friendly.
Bitcoin-Gold Correlation Hits 50% as Inflation Hedge Demand Rises
Bitcoin’s 90-day correlation with gold has risen to over 50%, reflecting a shift in investor sentiment toward Bitcoin as a store of value amid rising inflation concerns.
Industry Hotspots
Sparrow Wallet Releases Security Update with AI-Driven Code Review
Sparrow Wallet has launched a new version with enhanced security features, including AI-assisted code reviews to identify potential vulnerabilities and reduce reliance on external services.
Solana Core Team Anza Activates SIMD-0437 Phase 1
The first phase of the SIMD-0437 proposal has been activated on Solana’s testnet, aiming to reduce storage costs by 90% and lower the minimum deposit for account maintenance.
Sui and Monad Show Strong DeFi Performance
Despite a $3.15 billion market cap, Sui is outperformed by Monad in DeFi TVL and DEX volume, with the latter offering EVM compatibility and parallel execution capabilities.
USDG Market Cap Surpasses $425.6 Million
Paxos-issued USDG has reached a $425.6 million market cap, with Robinhood Chain playing a key role in its distribution and adoption.
Genius Group Aims to Build $827M Bitcoin Treasury by 2031
Singapore-based Genius Group plans to accumulate $827 million in Bitcoin by 2031, signaling a growing corporate interest in Bitcoin as a strategic asset.
KOL and Institutions
@elonmusk
Elon Musk has interacted with several crypto projects on X, including DOGE, BTC, ETH, and now MARTIANS, sparking speculation about the potential of the Mars narrative in crypto.
@blknoiz06
A user expressed dissatisfaction with not receiving any support or airdrop from a project, highlighting growing expectations for community recognition in the crypto space.
@chainspect_app
Top blockchains by on-chain revenue for the month include TRON ($26.7M), Solana ($18.1M), and BNB Chain ($17.8M), showing continued diversification in blockchain adoption.
@MjB38
Top crypto gainers in the last 24 hours include $PEP (+23.3%), $TRUMP (+22.8%), and $XRP (+4.4%), indicating a broad-based rally in the market.
@SnowyDeFAI
BTC is trading at $79,744, ETH at $2,531, and SOL at $104.61, with market sentiment showing signs of stability and continued interest in major altcoins.
@kyc_rip
Monero (XMR) is trading at $455.19 with a +0.76% premium over the CEX price, reflecting strong demand for privacy-focused assets in the current market environment.
@DarkLord_gr
A trader provided a 300-day position breakdown, showing mixed results across ETHFI, ETH, and TRUMP, with ongoing activity on HyperliquidX and Pendle.
@shlomiz
U.S. markets closed higher, with the S&P 500 up 0.72% and the Nasdaq gaining 1.57%, driven by strong performance in tech stocks and Bitcoin.
@ShipexToken
Bitcoin rose 1.27% to $80,029, while Ethereum declined slightly to $2,504.3, reflecting a mixed global market outlook with strength in U.S. equities.
@Polymarket
A user reflected on a previous tournament mistake and shared insights on upcoming matches, highlighting the growing interest in sports prediction markets on crypto platforms.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.