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2026/09/07
AVAX Eyes $8.65 as Price Holds Key Support Level
Avalanche [AVAX] retested the $7 former resistance zone towards the end of August. On the 2nd of September, AVAX crypto began a bullish reaction that continued towards the $8 level, even though Bitcoin [BTC] faced a setback and fell below $80k in recent days.Source: CoinalyzeSince the 4th of Septemb
Three Major Token Unlocks to Watch in Second Week of September 2026
The crypto market will welcome tokens worth roughly $325.6 million in the second week of September 2026. Major projects, including Aptos (APT), Linea (LINEA), and Cheelee (CHEEL), will release new token supplies. These unlocks could introduce market volatility and influence short-term price movement
The 12th Blockchain Global Summit will be held in Shanghai on September 23.
Since its debut in 2015, the Blockchain Global Summit has stood alongside the industry for twelve consecutive years.On September 23, 2026, the 12th Blockchain Global Summit, hosted by Wanxiang Blockchain Lab, will be held grandly at the Shangri-La Hotel, The Bund, Shanghai. This year’s summit, theme
Whale captures $ZCAT and $STONK for a total profit of $3.78M
According to on-chain analytics platform Lookonchain (@lookonchain), an on-chain trader accurately captured the two assets $ZCAT and $STONK, generating a total profit of $3.78 million:
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$ZCAT: Purchased 24.52 million tokens for just $1,300; sold 8.96 million tokens for $55,000 in cash, while st
CoinMarket: Why Market Cap Falls Faster Than Company Fundamentals
CoinDesk reports:Foreign media commentary suggests that markets often interpret "a company losing tens of billions of dollars in market capitalization" as the company actually losing an equivalent amount of cash, but this is inaccurate. Market capitalization is determined by share price and the numb
ChainCatcher: Whale nets $3.78M profit from ZCAT and STONK
According to ChainCatcher, on-chain analytics platform Lookonchain has tracked a trader who accurately captured gains from two assets, ZCAT and STONK, totaling $3.78 million in profit. The address spent $1,300 to purchase 24.52 million ZCAT tokens, sold 8.96 million for $55,000, and still holds 15.5
StonkFun generates $1.5 million in daily protocol revenue, ranking sixth among projects.
Odaily Planet Daily reports that according to official StonkFun data, the protocol generated $1,508,195 in revenue on September 6. Compared to other popular protocols on DefiLlama (which has not yet included StonkFun), this figure surpasses Pumpfun and Hyperliquid, ranking sixth among all projects/p
KOSPI Index Rises 4.6% as SK Hynix Surges 8.26%
Huo Xing Finance reports that, according to market data, on September 7 (Monday), the South Korean KOSPI index closed up 308.19 points, or 4.61%, at 6,995.4. SK Hynix rose 8.26%, and Samsung Electronics rose 5.68%.
Jefferies Lowers Zhipu AI Target Price to HK$1,183.79 Amid Concerns Over Guidance Sustainability
Huo Xing Finance reports that on September 7, Jefferies released a report stating that Zhipu’s guidance of $2.4 billion in annual recurring revenue by end-2026 exceeded expectations, but its sustainability is questionable due to a high base in August, uneven growth in computing power supply, and hig
Upbit's 24-hour trading volume surges 130.4%
Huo Xing Finance reports that, according to CoinGecko data as of September 7, Upbit’s trading volume increased by 130.4% over the past 24 hours. The XRP/KRW trading pair led the Korean won market with a 7.86% share of trading volume, followed by RAY, USDT, BTC, and FLOCK in the top five.
South Korea's Tax Agency Requires Reporting of Overseas Crypto Accounts Despite Exchange Bankruptcy
According to ME News, on September 7 (UTC+8), the National Tax Service of South Korea issued guidelines stating that individuals holding accounts at overseas virtual asset (digital asset) exchanges must report those accounts as foreign financial accounts, even if the exchange has gone bankrupt. On A
Vitalik Buterin Dismisses AI Threat to Bitcoin Security
Vitalik Buterin rejected claims that AI could trigger a 50%+ Bitcoin crash by compromising its security.He said around 90% of his net worth is effectively betting that such a scenario will not happen.The comments address concerns about AI’s potential impact on blockchain security.Ethereum co-founder
U.S. Nonfarm Payrolls Exceed Expectations, Reigniting Speculation of a September Rate Hike
BlockBeats report: On September 7, U.S. non-farm payrolls added 162,000 jobs in August, significantly exceeding the market’s previous expectation of around 56,000. Additionally, employment data for June and July were collectively revised upward by 55,000, indicating that the U.S. labor market is mor
USDC Gains $584M in Market Cap, Leading Stablecoin Sector Growth
Circle's dollar-pegged token outpaced rivals as the overall stablecoin market cap climbed by roughly $1 billion.USDC, the stablecoin issued by Circle, added $584 million in market capitalization over the past week. The gain made it the largest single contributor to growth across the stablecoin secto
Whale holds a $12.98M CXST long position with $573.8K in funding fees and unrealized profits.
ME News reports that, as of September 7 (UTC+8), a large whale who initiated a long position in CXMemory on July 15 has accumulated approximately $2.645 million in funding fees. The current unrealized profit on the long CXMemory position stands at around $3.094 million, alongside a long position of
