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BTC $77,519.28 -1.50%
ETH $2,414.37 -2.22%
BNB $687.28 -0.74%
XRP $1.35 -2.38%
SOL $100.05 -3.44%
TRX $0.3219 -2.97%
DOGE $0.0816 -1.75%
ADA $0.1971 -1.85%
BCH $248.64 +0.33%
LINK $11.25 -1.47%
HYPE $83.09 -1.01%
AAVE $132.22 +5.03%
SUI $0.7229 -0.88%
XLM $0.1756 -1.18%
ZEC $837.03 -1.87%

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first_img Robinhood Chain saw over 17% of tokenized stocks locked in Meme coin trading pairs, with 31% of the trading volume coming from Meme coin pairs

DeFiprime founder Nick Sawinyh analyzed that the Meme coin issuance platform on the Robinhood Chain is massively using tokenized stocks as paired assets. As of September 1, approximately 17.2% of the on-chain supply of 19 high liquidity Robinhood stock tokens is locked in 432 pools that use stock tokens as quoted assets, contributing 31.3% of the DEX trading volume of related stock tokens in the past 24 hours. The four issuance platforms Long, Bankr, Flap, and PAIR have set stock-paired Meme coins as default products.Among them, the AI/NVDA pool holds 8,783 NVDA (accounting for 16.2% of the total on-chain tokenized NVDA), with a 24-hour trading volume of about $6.2 million; the BONER/HIMS pool holds 37,172 HIMS (accounting for 50.4% of the total HIMS on the chain), with a trading volume of about $12.5 million. This mechanism has led to significant premiums for some tokenized stocks over the weekend (when issuers cannot issue more), with HIMS once trading at a premium of 112% compared to the NYSE closing price. The TVL of the Robinhood Chain has nearly doubled since August 1 to $740 million, with on-chain DEX daily trading volume reaching $1.49 billion on August 31. The analysis points out that 9 stock tokens have an on-chain circulating market value of less than $1.5 million, and a single Meme coin pool can absorb a large proportion of the circulating supply. This analysis is based on specific block snapshot data, with prices and pool balances changing rapidly.

Altrata: The number of billionaires worldwide will increase to 3,795 by 2025

Altrata's latest report shows that the number of billionaires worldwide will rise to a historic high of 3,795 by 2025, an increase of 8.2%, the strongest in five years. The rapid growth of super-rich wealth is driven by rising stock markets, monetary stimulus policies, and a surge in artificial intelligence investments. The total wealth of billionaires is expected to grow by 12.8% in 2025, reaching a record of $151 trillion, equivalent to nearly a quarter of the total market capitalization of the S&P 500 index. This marks the third consecutive year of accelerated growth in billionaire wealth, with an average wealth of $4 billion and a median net worth close to $2 billion.By region, the number of billionaires in North America increased by 11.6%, reaching 1,337, accounting for 35% of the global total; Europe saw nearly an 8% increase for the second consecutive year, reaching 1,081, accounting for 28%; Asia grew by 6.5%, reaching 881. The report indicates that since 2023, the surge in artificial intelligence investments has been one of the most important driving forces behind the creation of wealth among global billionaires, with its impact becoming more pronounced in 2025 and the first half of 2026. Investor enthusiasm for generative AI, large language models, cloud computing, and AI software has attracted significant capital, driving the revaluation of technology companies, with founders and major shareholders of leading global tech companies being the biggest beneficiaries.

Former Vice Chairman of the Federal Reserve: The default choice now is to raise interest rates, and Waller's speech reverses the previous logic of the Federal Reserve

Nick Timiraos, the "Fed Whisperer," stated that Fed Chair Waller has quelled some concerns about his strategy to combat inflation, but has also laid the groundwork for a larger test that may come in three weeks. If the Fed raises interest rates, it could anger the White House just weeks before the midterm elections. If they hold steady, it may reignite the doubts that Waller's remarks have calmed.Two points from Waller's speech on Friday particularly suggest that the Fed may raise rates next month. The first point is that Waller finds it difficult to describe the current financial conditions as restrictive. The second point is that the relatively positive inflation data over the summer has not convinced him that the underlying trend is improving. The Fed's default choice before Friday was to hold steady unless the data was strong enough to warrant action.Former Fed Vice Chair Cohen stated that Waller's remarks have reversed this logic. "He has changed the original assumption; it is now that they will raise rates unless the data shows it is unnecessary." This means that the final decision will depend on changes in the situation before the September meeting, especially the August CPI released on September 11. Cohen stated that if the data indicates that action is unnecessary, the Fed should not raise rates; if the data is strong, it could weaken the argument that inflation is moving back toward the Fed's 2% target.

first_img Analysis: Federal Reserve Chairman Waller downplays the decline in inflation, Bitcoin falls below $80,000

According to Cointelegraph, Bitcoin failed to effectively break through the $80,000 mark, with BTC/USD dropping to $78,442 on the Bitstamp platform, a decline of about 1% for the day, after Federal Reserve Chairman Kevin Walsh delivered a cautiously toned speech in Jackson Hole. In his speech, Walsh reaffirmed the Fed's commitment to the 2% inflation target and downplayed the significance of the recent decline in CPI and PCE data.Walsh stated that although these broad inflation indicators have significantly retreated from their highs a few years ago, the progress over the past two years has been relatively modest. The better-than-expected PCE and CPI readings this summer do not indicate that the underlying trend has materially improved. He also noted that the forward guidance, a conventional practice introduced during the financial crisis, "is now outdated" and will not return in the future. U.S. stocks were not weighed down by his remarks, with the S&P 500 and Nasdaq indices both rising by about 0.5%.On-chain data shows that there is a dense resistance zone between the current spot price and $86,000, which suppresses upward momentum. QCP Capital analysis pointed out that even if the price breaks through, the derivatives market needs to support it by controlling funding rates and the growth rate of open interest. The key is whether the subsequent market movement is driven by spot participation or leveraged positions. As of the time of writing, BTC/USD has risen 26.35% this month, marking the best August performance since 2017.
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