Major Meme Markets Log $311 Million in 24-Hour Volume, Up 25.2%
Robinhood accounted for 46% of the total, while Solana represented 35.4% and BNB 14.9%.
Crypto Trader Machi Cuts Losses, Account Down to $129K
As the crypto market faces downward pressure, trader Machi, known as @machibigbrother, has significantly reduced his exposure. His account now stands at just $129K, reflecting his strategy to close positions to mitigate losses and prevent potential liquidation. This action highlights the ongoing volatility in the market and may prompt other traders to evaluate their positions. […]
Perpetual Open Interest on Major Platforms Falls to About $67 Billion
Real-world asset contracts expanded even as Bitcoin, Ether and other-token open interest declined.
Pearl Leads Crypto Search Rankings as Walrus Rises 48.33%
Pearl traded at $1.80 with a $621.9 million market capitalization, while Zcash had the highest market-cap rank among the seven at No. 10.
Ethereum Whale Closes $8.93M Position After Long Bet on ETH
An Ethereum whale has closed a long position for a profit of $8.93 million after holding it for over 56 days. Opened on August 19, this 20,000 ETH position initially represented a $48.4 million investment. This significant profit realization comes amid a market characterized by mixed signals and varying momentum in major digital assets. Traders […]
Bitcoin Mining Stocks Fall More Than 10% Alongside AI Spending Warning
A forecast put more than $3.5 trillion in AI infrastructure spending at risk of impairment by 2030, while Cipher priced $850 million in convertible notes.
Ripple and DriveWealth Target Faster Funding for 100+ Global Partners

More than 100 DriveWealth partners, including fintechs and digital wallets, could gain greater flexibility to fund investments outside bank transfer windows. A new Ripple partnership targets capital tied up by cross-border delays as trading extends beyond regular market hours. Ripple Targets the Gap Between Trading Hours and Bank Transfers Financial platforms offering U.S. market access […]
Boros launches spread markets to trade funding rate gaps

Boros’s spread markets democratize access to funding rate arbitrage, potentially increasing liquidity and efficiency in crypto derivatives. The post Boros launches spread markets to trade funding rate gaps appeared first on Crypto Briefing.
Senate Democrats Question Meta’s R&D Credits for AI Data Centers
Seven members of the Senate Finance Committee wrote to Meta CEO Mark Zuckerberg. Sen. Peter Welch separately asked the IRS about large technology companies’ use of the credits.
Asian Chip Selloff Sends SK Hynix-Linked Product Down More Than 22%
South Korea’s KOSPI fell 7%, while SK Hynix dropped 10% and Samsung Electronics lost nearly 8%.