Odaily News: Tom Lee, Chairman of Bitmine, the Ethereum treasury company, and Co-Founder of Fundstrat, stated that Ethereum is more akin to "digital land" than cash.
Tom Lee believes that the core of high-quality assets lies in their ability to serve as a long-term store of value, as investors trust these assets to effectively hold and manage capital. Stocks can serve as stores of value because investors purchase shares based on their confidence in a company's long-term capital management capabilities; real estate possesses both store-of-value and cash-flow attributes, generating income through rental yields.
Within this framework, Tom Lee argues that Ethereum is closer to the stock market or land, with its long-term value primarily derived from the network itself serving as the underlying infrastructure and settlement layer, rather than functioning mainly as a payment and medium-of-exchange instrument like cash.
Odaily News: Binance AI products have officially launched, with Beta testing applications now open simultaneously. This product is an AI-driven feature suite designed to help users interpret complex market data, provide analysis covering both crypto and traditional assets, and filter out market noise.
Odaily News: According to official page information, Binance Alpha has listed Canopy (CNPY).
Odaily News: Blockstream has notified white hat hackers that the vulnerability fix is complete and the approximately 4,000 BTC can be safely returned. The hacker who previously withdrew funds from the Liquid network expressed willingness to return them, but requested that the vulnerability be fixed first. Both parties have been negotiating publicly through Bitcoin OP_RETURN messages.
The hacker initially proposed returning "most" of the BTC, but later changed their stance, demanding that the vulnerability be fixed first: "Ensure every node has been patched, and once the fix is confirmed, we will securely return the funds." The hacker also sent encrypted vulnerability details to Blockstream. About two hours ago, Blockstream responded via a PGP-signed OP_RETURN message stating that nodes have been patched. Currently, 3,998.5 BTC remain under the hacker's control.
Odaily News - According to the official announcement, Gate has launched perpetual contract trading for STONK, BEN, and ZCAT, all supporting 1-10x leverage for both long and short positions, with trading bots and copy trading features simultaneously enabled.
STONK is the platform token of StonkFun, a Solana token launchpad; BEN is an official character-style Meme token launched by Flap to showcase the "Stock Meme" product concept; ZCAT is a Zcash-themed Solana Meme token launched on StonkFun, featuring a cat with its face covered by a paper bag.
Odaily Planet Daily News: Cathie Wood has re-bought Robinhood (HOOD) after a 9-day pause, adding 28,589 shares via the ARK Innovation ETF on September 4, valued at approximately $3.5 million. She had previously sold 25,009 shares on August 26.
Robinhood has been performing strongly recently, with its stock price climbing over 30% in the past month. During the same period, Bitcoin rose about 23% and is approaching $80,000. On September 4, Deutsche Bank raised its price target from $115 to $136, maintaining a "Buy" rating, driven by explosive growth in Robinhood Chain fee revenue — daily revenue jumped from under $200,000 in mid-August to over $3 million in early September. Deutsche Bank projects the annualized run rate will exceed $100 million.
As of September 4, HOOD has become the seventh-largest holding in the ARK Innovation ETF, with a weight of 4.28%. During the same period, Wood also bought shares of Veracyte, Intellia Therapeutics, and the 3iQ Solana Staking ETF, while reducing positions in Tempus AI and Twist Bioscience.
Odaily News: Bitget will list Pons (PONS) spot trading. The deposit channel is now open, and the trading channel will open at 22:00 (UTC+8) on September 7.
Odaily News As concerns grow over the fiscal health of developed economies, gold and Bitcoin have moved higher in tandem recently. As of now, the 90-day correlation coefficient between BTC and gold daily returns has risen to 0.59, the highest level since 2020.
However, compared with gold, Bitcoin appears to be more "immune" to bond market volatility. Data shows that the 90-day correlation coefficient between BTC and the U.S. 10-year Treasury yield stands at just -0.17, suggesting that rising U.S. Treasury yields have a relatively limited negative impact on Bitcoin. During the same period, the correlation coefficient between gold and the 10-year Treasury yield was -0.41. Analysts suggest this indicates that Bitcoin is less tied to bond market forces than gold, and its "hard asset" attributes may become more prominent amid growing expectations of fiscal risk and financial repression. (Investing)
According to monitoring by the PPP Prediction Market Tool, the probability on Polymarket that the "foldable iPhone's US launch price will exceed $2,300" has dropped to 15%, down 35% over the past week; the probability of it exceeding $2,200 has fallen to 42%, down 17% week-over-week.
The event contract rules state: any foldable smartphone released by Apple will be considered a foldable iPhone, even if it is not explicitly named as such. If the price of the foldable iPhone at its initial US launch is greater than or equal to the specified amount, the market will resolve to "Yes"; otherwise, it will resolve to "No." If Apple releases multiple foldable iPhone models, the lowest announced starting price will be used. If Apple does not announce the price of the foldable iPhone by 11:59 PM ET on September 30, 2026, the market will resolve to "No."
According to an official announcement from Apple, the fall 2026 new product launch event will be held at 1:00 AM Beijing time on September 10, themed "Surprise and shine." However, pricing for the device unexpectedly leaked from overseas carrier Vodafone's backend systems in Australia and Egypt. The Australian channel reveals that the iPhone Ultra will be available in 256GB, 512GB, and 1TB storage options, starting at AUD 3,699. Industry observers estimate that the US starting price for the Ultra could land near $2,000.
Join the PPP Signal Push Community to stay one step ahead and seize the opportunity.
1. Full airdrop allocation — Arthur Hayes releases FLOP yellowpaper, with initial supply of approximately 2.48346 billion tokens;
2. OpenAI updates GPT-6 Astra interface, adding details on model performance and API pricing;
3. Binance Alpha will list Canopy, with an airdrop threshold of 235 Alpha points;
4. Institution: Samsung's HBM shipment expansion is expected to offset slowing general-purpose memory growth in 2027;
5. Citi: Initiates coverage on Zhongji Innolight H-shares with a Buy rating and a target price of HK$1,524;
6. StonkFun recorded $1.5 million in protocol revenue yesterday, surpassing Pumpfun and Hyperliquid;
7. Samsung and SK Hynix memory chip inventories have dropped to below 10 days of supply;
8. BonkGuy: MEME could become the core target of the crypto-equity meme narrative; if the narrative further expands, its market cap could reach billions of dollars;
9. CXMT: Will initiate dividend plan discussions at an appropriate time;
10. BonkGuy: Lost $3.6 million in the past 24 hours, but expects the portfolio to reach at least $50 million within a few months.
Odaily News: In response to earlier market rumors that Apple has been testing chips from ChangXin Memory Technologies (CXMT), the company's general manager Zhao Lun stated today that the company takes an open attitude in exploring cooperation opportunities with high-quality global customers, and that its products are already competitive with mainstream international manufacturers in terms of performance, quality, and supply stability. As for progress in the HBM (High Bandwidth Memory) sector, Zhao Lun said the company will maintain continuous iteration of products and process technology in line with its established technology roadmap and business plan. (Yicai)
Odaily News: Since the launch of Robinhood Chain, approximately 95.2% of Meme coin trading users have either lost money or earned less than $100. Among 375,740 users, only 229 users have profited over $10,000, accounting for about 0.06%; another 653 users have earned over $5,000, representing approximately 0.17%.
Odaily News, according to the official announcement, Gate's CFD XAUUSD gold contracts have now introduced 5x and 10x leverage tiers exclusively across the network, further enriching the leverage options available for gold CFDs. Following the upgrade, Gate gold CFDs support multiple leverage levels including 5x, 10x, 20x, 50x, 100x, 200x, and 500x, allowing users to flexibly choose based on market conditions, capital scale, and their own risk tolerance.
In addition, Gate gold CFDs support two-way trading and USDT settlement, and offer risk management tools such as take-profit and stop-loss orders to help users trade gold with greater flexibility.
Odaily News: Alain Bokobza, Head of Global Asset Allocation at Société Générale, stated that a 5.5% yield on the 10-year U.S. Treasury is a critical threshold, beyond which higher borrowing costs would outweigh earnings growth and begin to pressure equity valuations. Bokobza noted that global earnings expectations have been significantly revised upward this year, preventing the equity risk premium from collapsing despite rising yields. He said: "Stocks are currently not more expensive than at the start of the year, but a 5.5% yield level would mark the critical point where earnings upgrades are no longer sufficient to support valuations—the threshold at which stocks begin to come under pressure."
He also expects that the upcoming rate hikes by the Federal Reserve and the European Central Bank will be moderate, and are unlikely to be aggressive enough to break the current economic cycle or quell inflation concerns. Grace Peters of JPMorgan stated last week that a 10-year Treasury yield reaching 5% would carry significant psychological weight and could trigger a stress reaction in the stock market. Emmanuel Cau of Barclays similarly believes that a rise to 5% would heighten investor concerns about its impact on equities. (Jin 10)
Odaily Planet Daily News: Bitget has launched a new round of stock spot trading campaign, with a total prize pool of 50,000 USDT in rOKLO equivalents. The participation window runs from September 7 at 19:00 to September 14 at 18:59 (UTC+8). During the campaign, users who complete designated rToken trading tasks can earn chances to draw from mystery boxes. Rewards range from 0.04 to 50 rOKLO spot cash vouchers, with users able to receive up to 60 mystery boxes per day and a 100% win rate.
Additionally, the campaign features a trading volume leaderboard competition. Users ranked in the top 50 by cumulative trading volume can share in a pool of 350 rOKLO, with the No. 1 finisher receiving 50 rOKLO. For more details, please refer to Bitget's official platform.
Odaily News, according to official sources, the new X Liquidity campaign under OKX Wallet Boost has gone live. Users can participate through the Boost entry point in OKX Wallet by providing liquidity to eligible trading pairs. In addition to earning LP yields, participants can share in a total incentive pool of approximately $240,000 in USDT. The campaign will run until September 24, 15:00 (UTC+8).
It is reported that X Liquidity serves as the entry point for liquidity incentive and staking campaigns on X Layer, aimed at enhancing on-chain liquidity and trading experience for RWA, stablecoins, and major crypto assets. This campaign is part of X Layer's $5 million liquidity incentive program.
