Today's Highlights
1. MultiversX to Launch Supernova Upgrade for 10x Faster Blockchain
2. New York City to Ban Generative AI for K-8 Students in 2026–27
3. Cyber Security Summit Malaysia 2026 to Focus on Digital Security
4. XRP Ledger to Deploy fixCleanup3_3_0 Amendment on Sept 11
5. ETHTaipei 2026 to Feature Vitalik and Lin Zhicheng on Sept 13–14
Macro News
SEC Classifies XRP, BTC, SOL, and ETH as "Digital Commodities"
The U.S. Securities and Exchange Commission (SEC) has officially codified several major cryptocurrencies as "digital commodities," including XRP, BTC, SOL, and ETH, signaling a regulatory shift toward treating them as commodities rather than securities.
Bitcoin’s Correlation with Gold Hits 2020 High Amid Inflation Fears
Bitcoin’s 90-day correlation with gold has risen to +0.56, the highest since 2020, as investors increasingly view BTC as a hedge against inflation and economic uncertainty.
VanEck Hires Three Executives to Expand Digital Asset Operations
VanEck is strengthening its digital asset team with the hiring of three executives, including a VP for Regulatory Operations and a Director for Business Development in the crypto space.
Canary Capital Launches First Tron Staked ETF (TRXS)
Canary Capital has launched the first Tron-related staked ETF, allowing investors to gain exposure to TRX through traditional U.S. markets while earning staking rewards.
U.S. Treasury Yields Near 2025 Highs Amid AI and Fiscal Pressures
U.S. Treasury yields have climbed to near 2025 highs, with the 10-year yield reaching 4.80%, driven by AI investment surges, fiscal deficits, and ongoing inflationary pressures.
Industry Hotspots
Solana Outperforms Base in Stablecoin Payment Activity
Solana has maintained its lead over Base in stablecoin payment volume and transaction counts for the second consecutive week, driven by growing programmatic payments for AI APIs.
Visa’s Stablecoin Settlement Volume Surpasses $20 Billion
Visa reported that its stablecoin settlement volume has exceeded $20 billion annually, a 15x increase year-over-year, as stablecoins gain traction in payment and settlement systems.
DeepSeek Announces API Price Cuts of Up to 60%
Chinese AI firm DeepSeek has announced significant API price reductions, potentially boosting AI adoption across blockchain and DeFi applications.
Apple to Launch Foldable iPhone Duo in October for $2000
Apple is set to release its first foldable iPhone, the iPhone Duo, in October with a starting price of $2000, featuring up to 2TB of storage and support for Apple Pencil.
Memecoin Market Rebound Sees Only 0.25% of Traders Profit Over $500
Despite a memecoin resurgence, only 0.25% of traders have made over $500 in profits over the past 60 days, highlighting the high-risk nature of the segment.
KOL and Institutions
@elonmusk
Blockchain-based digital identity could streamline emergency room check-ins for Optimus, with a 90-day pilot requested to test the system.
@BtcDiam
Bitcoin trades at $78,369, with a total crypto market cap of $2.68 trillion. BTC dominance remains at 58.76%, while the Fear & Greed Index stands at 72 (Greed).
@BTC_NewsBot
Bitcoin is trading at $78,758, down 0.65% in the last 24 hours. The 7-day change is positive at 2.05%, with market sentiment leaning toward greed.
@Arman_Trading
Gold trades near $4,388, down $6 since the last update. Bitcoin is up 0.6% to $78,694, while Ethereum rises 1.2% to $2,498.
@SJosephBurns
A trader’s risk limit must be set in ink, as market conditions can change rapidly and invalidate even the most confident opinions.
@FundedNext
FundedNext led in prop firm traffic in August, with over 6.1 million page views. FundingPips and The5ers followed as the top platforms for funded traders.
@Polymarket
The women’s US Open quarterfinals are wide open, with Aryna Sabalenka at -29%, Coco Gauff at -22%, and Elena Rybakina at -19% on Polymarket.
@InsiderFinancex
A 10:30 AM call burst drove $1.276 billion in net call volume for $SPY in 15 minutes, signaling a short-term bullish shift in sentiment.
@TheBTCTherapist
Four years ago today, Bitcoin bottomed at $19,000 during a bear market, marking a pivotal moment in its long-term price trajectory.
@ScalpingX
Litecoin’s 7-day liquidation map shows $6.2 million in long liquidations below current price, indicating a strong bias toward downside risk.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.