Today's Crypto and Bitcoin News

ChainCatcher reports that Circle has published details on the reserve mechanism for cirBTC, stating that each cirBTC is fully backed 1:1 by one native BTC and is redeemable 1:1 for native BTC. The underlying BTC is held by an affiliate of Circle and custodied by Circle National Trust, a entity regul

Zcash is seemingly winning this bullish cycle in the crypto market. ZEC is up nearly 100% over the past month, crossing $1,000 for the first time in almost a decade. ZEC briefly climbed above $1,045 on Friday. The move pushed its market value to roughly $17 billion and brought the privacy coin back

Odaily Planet Daily reports that Circle has released an explanation of the cirBTC reserve mechanism, stating that each cirBTC is fully backed 1:1 by one native BTC and can be redeemed 1:1 for native BTC. The associated BTC is held by Circle-affiliated entities and custodied by Circle National Trust,

PANews, September 5: According to Onchain Lens monitoring, after Musk replied to a SLINK post from Shivon Zilis’s compromised account, multiple traders rushed into the token. Four traders alone lost approximately $8.07 million. The market cap of $SLINK surged briefly to around $80 million before cra

According to ChainCatcher, Solana co-founder Anatoly Yakovenko stated that the revenue share Robinhood pays to Arbitrum is sufficient to cover approximately four times the transaction fees on Solana, enabling Robinhood to offer users a completely gas-free trading experience on Solana.

Huo Xing Finance reports that on September 5, Arkham revealed that Musk likely replied mistakenly to a hacked X account. The compromised @shivon account had previously posted two messages about the SLINK project, after which Musk replied with a "100-point emoji," sparking market speculation that he

In a recent turn of events, the Office of the Comptroller of the Currency (OCC) has given Revolut a preliminary green light to establish a national bank. This in turn would allow the firm to build and operate its own banking infrastructure under U.S. federal banking supervision. However, the approva

Odaily Planet Daily report: According to MSX.COM data, at the close of U.S. markets, the Dow Jones Industrial Average fell 0.51%, the S&P 500 declined 0.38%, the Nasdaq Composite dropped 0.29%, and the VIX volatility index rose 1.47%. AI-related stocks generally advanced, with Astera Labs up 9.75%,

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According to Onchain Lens, a whale has withdrawn a total of 110,370 HYPE from Coinbase over the past week, valued at approximately $9.09 million, including 62,410 HYPE withdrawn in the past four hours, valued at approximately $5.27 million.

According to SoSoValue data, HYPE spot ETF recorded a single-day net inflow of $10.5171 million. Yesterday, only the Bitwise Hyperliquid ETF (BHYP) saw net inflows, with a daily net inflow of $10.5171 million, bringing its total historical net inflow to $164 million. As of the time of reporting, the

CoinDesk reports:On Robinhood's Layer 2 network, Robinhood Chain, a new trading strategy has recently emerged: developers issue meme coins and pair them directly with tokenized U.S. stocks, rather than the more common stablecoin pairs. This activity has rapidly boosted trading volume on the new chai

Dynamic AI News: According to the Financial Times, AI company Anthropic is nearing finalization of Morgan Stanley (MS.N) and Goldman Sachs (GS.N) as key roles in its initial public offering, with plans to file IPO documents as early as next week. Sources say Morgan Stanley is currently leading in th

ME News reports that, as of September 5 (UTC+8), according to Onchain Lens monitoring, Wintermute currently holds a notional short position of $99.82 million and a long position of $5.12 million on Hyperliquid, while Galaxy Digital holds a notional short position of $26.41 million and a long positio

BlockBeats report: On September 5, stronger-than-expected U.S. August employment data triggered market reassessments of potential Fed rate hikes, but Wall Street risk assets showed no significant panic.Data shows increased resilience in the labor market, prompting traders to raise their expectations