Odaily reports that Morgan Stanley has initiated coverage of Coinbase Global Class A shares with a "Neutral" rating and a price target of $250.

Odaily News: A whale withdrew approximately $462 million worth of Bitcoin from Coinbase nearly two years ago and has never fully exited its position since. At the peak of Bitcoin's price, its holdings were once up about $315 million in profit, while at the low point in July this year, it briefly swung to a loss of about $100 million. Since August, the whale has transferred approximately $82 million worth of Bitcoin to Kraken and still holds about $418 million worth of Bitcoin, with current profits of approximately $40 million.

1. Bitcoin spot ETFs saw a total net outflow of $120 million yesterday, with ARKB leading outflows at $77.9815 million;

2. Ethereum spot ETFs saw a total net inflow of $34.7535 million yesterday, with BlackRock's ETHB leading inflows at $22.9376 million;

3. Four.Meme: BNC4 completed its first daily buyback, with approximately $356,000 worth of 4Stock bought back and burned;

4. long.xyz co-founder: Stock trading pairs will become the crypto market's "final Meta," with plans to expand distribution channels beyond Crypto Twitter;

5. Coinbase CEO: Hopes to bring tokenized stocks to the U.S. as soon as possible;

6. Cooling off? Robinhood Chain's daily revenue drops below $1 million, a significant decline from its peak;

7. LAPTOP Foundation's X account suspended, Hunter Biden emphasizes he will not give up on the project;

8. David Sacks: Anthropic's IPO should be paused pending completion of the whistleblower investigation;

9. LaserCat: Stay committed to "the bull is coming," diamond hands all the way;

10. Arc Chain to launch on September 16, Circle co-founder actively responds to fomo launch teaser;

11. Citadel Securities calls for transferring regulatory authority over certain prediction market contracts to the SEC;

12. Analysis: Declining trading volume will weaken incentives to hold crypto-equity narrative plays, potentially triggering a sell-off.

According to on-chain analyst Ai Yi, after ETH traded around the $2,500 level for over half a month, a certain address withdrew 2,100 ETH from OKX today, with the most recent withdrawal occurring 4 hours ago at an average price of $2,469. This address currently holds only ETH.

Odaily News: According to GMGN data, the market cap of Meme coin 4Stock on BSC has rebounded past $40 million, now at $40.96 million, up nearly 10% in the past hour.

It is reported that 4Stock is a stock Meme narrative launched by Four.meme, with the first underlying asset being BNC4, which is pegged to BNB treasury company CEA Industries.

Earlier news: Four.Meme posted on X that BNC4 Daily Buyback has completed its first repurchase and burn, buying back and burning a total of 10,169,329 4Stock from the market, worth approximately $355,900.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

According to an official announcement, Odaily reports that Upbit will list the BFC token on KRW and USDT markets.

According to Odaily, CZ posted on X stating that the market will offer many opportunities to enter or exit, and what investors need to do is make the right decision.

According to an official announcement, Upbit will list the REZ USDT trading pair.

Odaily News: Four.Meme posted on X platform that the BNC4 Daily Buyback has completed its first buyback and burn, repurchasing and burning a total of 10,169,329 4Stock from the market, valued at approximately $355,900.

The buyback funds came from all product revenue generated by BNC4 on September 8 and 9, including 115,057 USDT and LP fees of 11,652 BNC4, as well as Bonding Curve trading fees of 33,930 BNC4.

Additionally, Four.Meme stated that rankings will be reset daily going forward, and 100% of BNC4's daily product revenue will be used to buy back the qualifying BNC4-paired community meme coin ranked first on that day, and burn it entirely.

PPP prediction market tool monitoring shows that in the "CS2 FISSURE Playground Lower Bracket G2 vs 9Z" prediction event, an account with losses exceeding $620,000 (0x7c37b52eb226bcb9411375ec48b0169663fb6aeb) purchased $77,000 worth of G2 to defeat 9Z, with an average entry price of 71.8¢ and 108,304.8 shares bought.

This match starts at 11:00 on September 10, and is the Group A lower bracket semifinal, played in a BO3 format. The loser is eliminated directly, while the winner continues to compete for a playoff spot.

Join the PPP signal push community to stay one step ahead and seize the advantage.

Odaily News — According to SoSoValue data, Ethereum spot ETFs recorded a total net inflow of $34.7535 million yesterday (September 9, US Eastern Time).

The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's Staked ETH ETF ETHB, with a single-day net inflow of $22.9376 million. ETHB's total historical net inflow has now reached $798 million.

This was followed by BlackRock's ETF ETHA, with a single-day net inflow of $9.7144 million. ETHA's total historical net inflow has now reached $12.883 billion.

As of press time, the total net asset value of Ethereum spot ETFs stands at $15.688 billion, with the ETF net asset ratio (market capitalization as a proportion of Ethereum's total market capitalization) reaching 5.2%, and cumulative historical net inflows totaling $13.203 billion.

Odaily News: According to SoSoValue data, yesterday (September 9, US Eastern Time), Bitcoin spot ETFs recorded a total net outflow of $120 million.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was Morgan Stanley ETF MSBT, with a single-day net inflow of $4.4906 million. MSBT's historical total net inflow has now reached $521 million.

The Bitcoin spot ETF with the highest single-day net outflow yesterday was Ark Invest and 21Shares' ETF ARKB, with a single-day net outflow of $77.9815 million. ARKB's historical total net inflow has now reached $1.387 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $99.327 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) at 6.31%, and cumulative historical net inflows have reached $55.451 billion.

Odaily reports that Privy has launched a stablecoin card prebuilt component, enabling applications to embed a cardholder experience with a single integration, and has partnered with Stripe to issue stablecoin cards. The service currently covers more than 25 card issuing markets and plans to expand to over 100 by the end of the year. Users can spend directly using their Privy wallet or DeFi vault balances without needing to pre-transfer funds to a separate card account. The card issuer is Lead Bank, program management is handled by Bridge, and Stripe provides issuance services.

Odaily reports, according to DeFiLlama data, Robinhood Chain's revenue has seen a significant decline after hitting a single-day record of approximately $6 million, dropping below the $1 million mark over the past 24 hours to $949,331. In addition, Robinhood Chain's revenue over the past seven days was $18.34 million, with DEX trading volume over the past 24 hours at approximately $1.796 billion.

Odaily reports that according to Onchain Lens monitoring, an address opened a long position of 25,000 HYPE worth $2.1 million, with an entry price of $83.81, using 10x leverage, and a liquidation price of $72.36. The address has accumulated a profit of $9.29 million, and the current long position has a profit of $7,500.

Odaily: The Bank of Korea has called for stronger monitoring of overseas derivatives linked to South Korean chipmakers, warning that their rapid growth could amplify volatility in the domestic market. It pointed to Situational Awareness's leveraged bets as a recent example. In its semiannual monetary policy report submitted to the National Assembly on Thursday, the Bank of Korea said the concentration of South Korean market exposure to semiconductor stocks, foreign investors' portfolio rebalancing, and the buildup and unwinding of domestic leverage were drivers of unprecedented fluctuations in the KOSPI index from January to July.

The Bank of Korea said global banks and ETF managers traded South Korean spot equities, futures, and options while hedging total return swaps, apparently amplifying domestic stock price volatility. Although the Bank of Korea did not cite a specific case, an unusual trade in SK Hynix in July triggered nearly $60 million in liquidations in the offshore digital currency market, highlighting the growing cross-market risks posed by leveraged products linked to South Korean chipmakers. (Jinshi)