According to Odaily, data from GMGN market data shows that the Robinhood ecosystem Meme coin CASHCAT's market cap briefly surpassed $229 million, hitting a new all-time high. It is currently reported at approximately $217 million, with a 24-hour gain exceeding 46%.
Odaily reminds that Meme coin prices are highly volatile and susceptible to market sentiment and hot events. Please be aware of trading risks.
Odaily Planet Daily News EntropyIO announced the completion of a $14 million funding round, led by Ribbit Capital, along with $40 million in HYPE staking support. The first batch of markets has gone live on Hyperliquid.
EntropyIO stated that it has launched the first liquid Anthropic trading market and plans to further expand into assets such as Pre-IPO startups, computing resources, public companies, and global indices to enable around-the-clock trading.
Team members come from Citadel Securities, Optiver, Polymarket, and Millennium, and have developed a liquidity-weighted oracle that dynamically adjusts external oracle price weights based on executable market depth, aiming to improve price discovery and liquidity for new asset classes.
Odaily Planet Daily News According to blockchain analyst Ember's monitoring, Hyperliquid's largest long position took profits and closed 60,000 ETH and 1,200 BTC in the early hours of today, realizing profits of $45.3 million. Its long position exposure has decreased from $537 million to $143 million. Among them, all 120,000 ETH long positions have been fully closed for profit, gaining $32.77 million; within the 3,000 BTC long positions, 1,200 BTC have been closed for profit, gaining $12.53 million. Currently, it still holds 1,800 BTC long positions with unrealized gains of $21.08 million. At present, the total profit, combining realized and unrealized gains, amounts to $66.38 million.
Odaily News, according to GMGN data, the market cap of Base Meme coin BLUECHIP has surpassed $9 million, up over 110% in the last 24 hours, currently reporting at $7.7 million.
In terms of narrative, BLUECHIP originates from the early trading experience of Cobie, the head of Coinbase's trading products. In June 2014, Cobie posted discussions for several consecutive days about a token called BlueChip, including its price reaching new highs, order book changes, and his decision to continue holding. Recently, these historical posts have been rediscovered by the community, forming a narrative of "2014 old meme revival."
Odaily reminds users that Meme coin prices are highly volatile, and investors should be aware of the risks.
Odaily News: According to Hayden Adams' monitoring, as the market recovers, Uniswap's weekly UNI burn has hit an all-time high, with an annualized burn rate of 31 million UNI, worth approximately $113 million, and it is still growing. Hayden Adams stated that the team continued building during the bear market and is now seeing early results in the bull market.
Odaily News: Japan's Financial Services Agency is pushing to relax regulatory restrictions on stablecoin issuance by trust banks, and plans to eliminate procedures such as document submissions. Stablecoins would be usable for large-value payments in areas like automobiles and real estate, with individual transactions potentially exceeding 1 million yen. The relevant measures are expected to be included in the tax reform requests to be finalized soon.
Odaily News: According to SoSoValue data, on August 24 (Eastern Time), HYPE spot ETFs recorded total net inflows of $5.7356 million in a single day.
The HYPE spot ETF with the largest net inflow that day was Bitwise Hyperliquid ETF (BHYP), with a single-day net inflow of $3.4879 million, bringing its historical total net inflow to $116 million.
The second was the 21Shares Hyperliquid ETF (THYP), with a single-day net inflow of $2.2478 million, bringing its historical total net inflow to $50.8975 million.
As of press time, the total net asset value of HYPE spot ETFs stands at $381 million, with a HYPE net asset ratio of 2.19%, and cumulative historical net inflows have reached $293 million.
Odaily News: According to SoSoValue data, yesterday (August 24, Eastern Time), XRP spot ETFs recorded a total net inflow of $13.8182 million in a single day.
The XRP spot ETF with the highest net inflow yesterday was Bitwise XRP ETF (XRP), with a single-day net inflow of $8.2451 million, bringing its historical total net inflow to $551 million.
Next was Franklin XRP ETF (XRPZ), with a single-day net inflow of $4.0068 million, and its historical total net inflow has now reached $438 million.
As of press time, the total net asset value of XRP spot ETFs stands at $1.441 billion, with an XRP net asset ratio of 1.55%, and the historical cumulative net inflow has reached $1.566 billion.
Odaily News: On August 25 local time, Pakistani Interior Minister Naqvi stated that he and Pakistan's Army Chief of Staff General Munir held a very positive and fruitful meeting with Iranian President Pezeshkian. The two sides focused on discussions regarding the conflict between Iran and the United States, the tense situation in the Middle East and future directions, as well as the steps required by both parties to restore the Islamabad Memorandum of Understanding, ultimately achieving a comprehensive resolution of the conflict. Naqvi noted that Pezeshkian expressed the Iranian government's views and concerns, and the talks made significant progress, concluding in a positive atmosphere. He expressed hope that this momentum would help pave the way for further development and lasting peace in the region. (CCTV)
Odaily News: According to Onchain Lens monitoring, a Hyperliquid trader held an ETH long position for 123 days with a notional value of $143 million, earning a profit of $7.11 million; another BTC long position was held for 37 days with a notional value of $50.35 million, earning a profit of $1.89 million. The trader has accumulated $9 million in profits from perpetual contracts.
Odaily News: Amid growing U.S. pressure on Korea to follow through on its investment commitments, Washington has recently asked the Korean government and companies to build memory semiconductor production facilities in the U.S. and ensure a stable supply of memory chips. The U.S. has also informally expressed dissatisfaction with Korea's plan to advance a massive semiconductor cluster project in the Honam region, estimated at around 800 trillion won, suggesting that Seoul is actively supporting domestic semiconductor investment while showing a lukewarm attitude toward investing in the U.S. This marks the first time the U.S. has referenced a "mega project" led by the Korean government in its investment pressure. During his recent visit to the U.S., Korea's Minister of Trade, Industry and Energy, Ahn Duk-geun, also discussed related matters in investment negotiations. The Korean government believes that the U.S. demand for semiconductor investment is separate from the previously agreed $350 billion investment package in the U.S., and plans to announce its first U.S. investment project in September. Domestic semiconductor companies are concerned that taking on formal U.S. factory requirements while simultaneously advancing the Honam cluster could create a dual burden. Separately, Foreign Minister Cho Tae-yul spoke by phone with U.S. Secretary of State Marco Rubio that evening to exchange views on U.S. investment and bilateral relations.
Odaily News: According to Gate data, South Korea's KOSPI index plunged 4.00% intraday, with Samsung Electronics falling 4% and SK Hynix dropping 6%.
Odaily News: According to Onchain Lens monitoring, the wallet (0x091D...8336) used by Cumberland on behalf of its clients deposited 2 million LIT tokens into OKX and Bybit in four transactions of 500,000 tokens each, totaling $6.94 million, presumably for sale.
Odaily News: CME Group has added Ethena governance token ENA to its single-asset cryptocurrency benchmark suite, offering standardized U.S. dollar reference rates covering three major trading windows—London, New York, and Asia-Pacific—effective August 24. CF Benchmarks manages the product, including daily reference rates and real-time indices. The three regional rates correspond to ENAUSD RR, ENAUSD NY, and ENAUSD AP, respectively, all published at 4:00 PM local time and covering weekends and holidays. Pricing data is sourced from aggregated trading activity across multiple compliant spot exchanges to reduce reliance on any single venue.


