Odaily News, according to Gate data, South Korea's KOSPI index closed up 16.76 points, or 0.26%, at 6,579.48 points on Thursday, September 3. The index briefly plunged nearly 2% in the afternoon, with SK Hynix falling over 1% and Samsung Electronics down 0.2%.
Odaily reported on September 3 that the gold and silver markets rebounded strongly after a sharp short-term pullback, maintaining a high-level volatile trend. The extreme volatility has significantly stimulated trading demand in the derivatives market. Gate platform market data shows that gold (XAU) is currently quoted at $4,442.91, up 3.01% in 24 hours; silver (XAG) is currently quoted at $66.24, up 3.78% in 24 hours. According to CoinGlass data, Gate XAU's 24-hour contract trading volume reached $381 million, with contract open interest reaching $431 million, firmly ranking among the top two in the industry; Gate XAG's contract open interest reached $94.5308 million, also ranking among the top two in the industry.
Gate has pioneered the metals perpetual contract and CFD contract trading segments, covering mainstream metal trading instruments such as gold, silver, and platinum, supporting 7×24-hour trading and USDT settlement. Leveraging Gate's innovative unified account system, users can allocate diversified assets including stocks, metals, forex, indices, and commodities without switching between platforms, empowering users to execute more flexible and efficient one-stop global asset strategies in volatile market conditions.
Odaily News, Goldman Sachs' chief global equity strategist recently noted in an interview that stock market gains over the next 12 months will be more moderate. "Over the past year and so far this year, the S&P 500 and other global equity markets have delivered remarkable returns," said Peter Oppenheimer, Goldman Sachs' chief global equity strategist. "Investors have accumulated substantial gains. We expect returns to moderate from here."
Odaily News: South Korea's state-owned utility, Korea Electric Power Corporation (KEPCO), is in talks with Samsung Electronics and SK Hynix on a multi-billion-dollar electricity prepayment plan to raise funds for building the power grid needed for a new semiconductor industrial cluster. Under the current proposal, Samsung Electronics would prepay 20 trillion won and SK Hynix 5 trillion won, totaling 25 trillion won—roughly equivalent to electricity costs over the next five years.
KEPCO said in a statement: "The large-scale electricity prepayment system is a mechanism that meets the mutual needs of companies urgently requiring grid expansion and KEPCO, which needs investment funds. Specific details, including the prepayment amount and coverage period, have yet to be finalized."
Odaily News – According to Odaily Meme Flash monitoring, PARE's market cap on Robinhood has surpassed $1 million.
A source indicates that PARE is built on ERC-8056 and deploys a Pendle-style protocol for stocks on Robinhood Chain, splitting tokenized stocks into separately tradable stock components and dividend yield streams. Another source notes that users can acquire the stock component at a discount, trade dividend rights independently, or seamlessly recombine them into full stocks at no cost. Additionally, a source suggests that PareStocks uses ERC-8056 to convert dividend-adjusted token multipliers into tradable yield streams while displaying revenue data. Group Chat A reports that the Bankr founder has been endorsing the token.
"Meme Flash" is curated by Odaily's proprietary AI model, which screens community-highlighted potential assets. This content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be mindful of the high volatility risks associated with Meme coins.
Odaily News – Bitcoin's recent upward momentum is weakening, with the market facing multiple pressures including rising expectations of US interest rate hikes and stalled crypto legislation. Some analysts believe that if expectations of US rate hikes intensify sharply, Bitcoin's price could fall back into the $50,000 range.
Additionally, progress on US cryptocurrency regulatory legislation has stalled. The Digital Asset Market Clarity Act (CLARITY Act) has hit obstacles in congressional deliberations. On September 15, the US Congress will hold a vote to decide whether to end related discussions. Prediction market data shows that the probability of the bill passing by 2026 has dropped from over 50% in July to less than 20% currently.
Cryptocurrency analyst Shoji Nishiyama stated that if expectations of US rate hikes intensify sharply, Bitcoin could once again decline to the $50,000 range. Potential IPOs by AI companies such as OpenAI and Anthropic could also divert some venture capital funds, putting pressure on Bitcoin. However, some analysts believe the previous downtrend may have come to a phased end, and the market is currently focused on whether Bitcoin can stabilize within the $60,000–$85,000 range amid macroeconomic and policy headwinds this autumn. (Nikkei)
Odaily News According to Lookonchain monitoring, a trader (0x220...eee7) spent $84,500 to buy 20 million AI tokens, then sold 13.23 million AI tokens for $2.53 million. The trader currently still holds 6.77 million AI tokens, valued at $2.1 million. The trader's total profit exceeds $4.5 million, with returns reaching 54x.
Odaily News: The OKX built-in DEX now supports Robinhood Chain token trading. Users can directly trade popular Meme coins such as CashCat and Pons using the USDT or USDC in their OKX accounts, without needing to withdraw funds, create an on-chain wallet, or perform cross-chain operations.
In terms of trading features, this service supports market orders, limit orders, and take-profit/stop-loss orders, providing users with more flexible trading and risk management tools. During the campaign period, OKX will fully subsidize gas fees incurred from related trades, further lowering the entry barriers and on-chain costs for users participating in Robinhood Chain asset trading.
Odaily News: According to on-chain analyst Ai Yi's monitoring, the top spot on Binance Futures' Real Trading Smart Money 30D Leaderboard has changed hands. Semisemi has secured over $10.78 million in profit, with Bitcoin long positions contributing over $8.06 million and ETH long positions contributing over $3.91 million. Over the past 30 days, the main gains were driven by BTC and ETH long positions, and the above figures represent realized profits after position closures. Semisemi currently still holds BTC and ETH long positions valued at $95.59 million, with an unrealized loss of $1.885 million.
Odaily News, Kyle Samani, former co-founder of Multicoin Capital and early Solana investor, cited Arkham's monitoring report on Multicoin Capital selling 10% of its HYPE position and said on social media today: "Steps to becoming a successful venture investor: 1) Buy a large position; 2) Go on podcasts and talk about it; 3) Sell it. I really struggle with step 3." This appears to be a veiled jab at Multicoin Capital for using HYPE hype to sell into strength.
Previously reported, after holding a $90.5 million HYPE position for over 6 months, Multicoin has again sold 10% of its holdings, leaving only 25% of its peak position.
Odaily News – According to an official announcement from Kraken, Kraken Derivatives will delist 77 perpetual contracts at 12:00 UTC on October 1, involving assets such as 2Z, AEVO, AIXBT, AKT, ANKR, ARKM, AR, BLUR, CELO, ENJ, GMT, GMX, IOTA, MINA, NEO, THETA, VET, ZIL, and ZRX. Once trading in these contracts ceases, they will be settled and removed from the platform. Additionally, Kraken will delist perpetual contracts for SUN, MTL, IOST, and XVS on September 3, and for COTI on September 7.
Odaily News: According to Lookonchain monitoring, PONS market cap has surpassed $500 million. A trader (0xe3b...aB62) deposited $54,000 into Aster DEX 6 hours ago, then opened a long position on 447,100 PONS with 4x leverage, bringing the position value to $226,000. The unrealized profit currently stands at $8,600, representing a return rate of 15%.
Odaily News - According to official sources, Gate's Event Contract limited-time trading competition runs from September 2 at 14:00 to September 9 at 08:00 (UTC+8). The total prize pool for this event has no upper limit and features two reward tracks: check-in rewards and a peak leaderboard. The maximum individual reward can reach 9,200 USDT. During the event, users who complete registration and participate in event contract trading can claim corresponding rewards. New users who complete their first trade (with a trading volume ≥ 20 USDT) will receive a 5.5 USDT trial fund. By meeting daily trading volume thresholds, users can claim tiered check-in rewards, with a maximum of 600 USDT per day. Users whose cumulative trading volume reaches 600,000 USDT can also compete on the peak leaderboard, where prizes are distributed based on rankings, with the top-ranked user earning up to 5,000 USDT. The three reward tracks are calculated independently, and rewards can be stacked.
Odaily News, Gate data shows that WTI crude oil has fallen 1.00% intraday, now at $88.23 per barrel. (Jin10)


