1. Popular CEX currencies

Top 10 CEX trading volume and 24-hour price changes:

• BTC: -1%
• ETH: -3.49%
• SOL: -4.26%
• XRP: -1.71%
• WLFI: -14.95%
• BNB: -1.37%
• DOGE: -3.34%
• LINK: -6.25%
• ADA: -3.78%
• TRX: -1.88%

24-hour price increase list (data source: OKX):

• PARTI: +7.02%
• MAJOR: +4.25%
• ZENT: +3.71%
• PUMP: +3%
• XCH: 2.88%
• ARG: +1.79%
• MORPHO: +1.5%
• SPK: +1.32%
• CITY: +1.06%
• LEO: +0.81%
• LQTY: +5.7%

2. Top 5 popular memes on the chain (data source: GMGN ):

• CARDS
• PUMP
• NOKKI
• TROLL
• SOMI

3. 24-hour hot search currencies

PUMP: Yesterday, the price of PUMP rose 3%, driven by the continued token buybacks by the pump.fun project, which has already repurchased over 5% of the circulating supply. Meanwhile, yesterday's revenue reached $2.55 million, surpassing Hyperliquid.

NEIROETH: Yesterday, NEIROETH fell below 0.06 USDT. Trend Research transferred one-third of its total NEIROETH to exchanges, including Bybit and Gate. They previously held a total of 670 million NEIROETH (67% of the total), transferring 324.7 million NEIROETH (worth $22 million) to exchanges. On-chain addresses still hold 34.6% of the total NEIROETH (346 million, valued at $23.16 million). Meanwhile, Bybit announced yesterday that it would delist NEIROETH.

Headlines

WLFI blacklisted Justin Sun’s address , involving approximately 2.94 billion locked tokens

According to on-chain information, World Liberty Financial (WLFI) has blacklisted addresses associated with Justin Sun, involving approximately 540 million unlocked tokens and 2.4 billion locked tokens. The project stated that it suspects that some trading platforms are using user tokens to sell off, thereby suppressing the token price.

Justin Sun responded that his address had only been used for a small amount of exchange deposit testing, the amount was very low, and the address was subsequently dispersed. It was not involved in any buying and selling activities, so it was impossible to have an impact on the market.

According to previous news, Justin Sun transferred 50 million WLFI to a new wallet or deposited it into HTX, worth US$9.12 million.

Eric Trump posted a picture hinting at a major announcement tomorrow. Yesterday, he announced that American Bitcoin will soon release several important announcements, which may be related to this.

Eric Trump, the second son of President Donald Trump, posted a picture hinting at a major announcement tomorrow, though the details have not yet been revealed. However, he posted on the X platform yesterday that American Bitcoin is about to make several important announcements, which may be related to this.

Industry News

US ADP employment figures for August: 54,000, compared to expectations of 65,000

The number of ADP jobs in the United States in August was 54,000, compared with expectations of 65,000 and the previous value of 104,000.

The number of initial jobless claims in the United States for the week ended August 30 was 237,000, compared with expectations of 230,000.

The number of initial jobless claims in the United States for the week ending August 30 was 237,000, the highest since the week ending June 21, 2025, with expectations of 230,000 and a previous value of 229,000.

The four-week average of initial jobless claims in the United States for the week ending August 30 was 231,000, compared with 228,500 in the previous week.

The number of people continuing to apply for unemployment benefits in the United States in the week ending August 23 was 1.94 million, which was in line with expectations of 1.962 million. The previous value was revised from 1.954 million to 1.944 million.

The U.S. SEC released its Spring 2025 regulatory agenda, covering potential rule proposals related to the issuance and sale of crypto assets.

The U.S. SEC released its Spring 2025 Regulatory Agenda, which covers potential rule proposals related to the issuance and sale of crypto assets, aiming to help clarify the regulatory framework for crypto assets and provide greater certainty to the market.

Source: Hong Kong regulators are not very supportive of the direction of "Hong Kong stock crypto treasury"

According to Caixin.com, a senior digital asset investor who wishes to remain anonymous told Caixin that while Hong Kong-listed Digital Asset Treasuries (DAT) are a viable option, communication with Hong Kong regulators revealed that Hong Kong does not have a high degree of approval for this direction, and market participants may need to lobby local regulators.

Nasdaq to increase scrutiny of cryptocurrency companies: Insider

Nasdaq is increasing scrutiny of companies listed on its exchange that attempt to boost their stock prices by raising funds to buy and hoard cryptocurrencies, according to people familiar with the matter. The exchange's move could slow a cryptocurrency boom that is pushing a growing number of exotic tokens into the mainstream. Nasdaq, where the vast majority of cryptocurrency stocks trade, currently requires some companies to obtain shareholder approval before issuing new shares to buy stock.

Project News

Ethereum's newly staked amount has surpassed the amount of withdrawals, recently reaching a new high since September 2023.

According to data from the Ethereum Validator website, the Ethereum PoS network's staking queue has surpassed the exit queue today. The current staking queue is 833,000 tokens, valued at approximately $3.66 billion, while the exit queue is 823,000 tokens, valued at approximately $3.62 billion.

It is worth noting that the staking demand for activation of new validators on the Ethereum PoS network has increased significantly, reaching 860,000 on September 2, the highest level since September 2023.

Wyoming, USA, will list the stablecoin FRNT on Hedera

The Wyoming Stable Token Commission (WYST) announced the upcoming listing of Frontier Stable Token (FRNT), a state-issued stablecoin, on the trusted public network Hedera. Created under the Wyoming Stable Token Act of 2023, FRNT is the first state-issued stablecoin in the United States and is fully backed by U.S. dollars and short-term U.S. Treasury bonds, with an additional 2% reserve to ensure stability.

US SEC postpones approval of 21 SHARES spot SUI ETF

According to Solid Intel, the U.S. Securities and Exchange Commission (SEC) has postponed its approval decision on the 21 SHARES spot SUI ETF.

REX-Osprey is expected to launch the first DOGE spot ETF next week

REX Shares and Osprey Funds could launch the first ETF directly investing in DOGE as early as next week. REX-Osprey filed a prospectus with the U.S. Securities and Exchange Commission (SEC) on Wednesday for the REX-Osprey DOGE ETF, which will trade under the ticker symbol DOJE. The prospectus also includes ETFs related to Trump, XRP, and BONK.

Investment and Financing

White Star Capital's fund has raised $25 million, with a target of $50 million.

Venture capital firm White Star Capital announced that its fund has completed its first round of financing of US$25 million, led by Fonds de solidarité FTQ, with a target financing amount of US$50 million.

Supersonik Completes $5 Million Seed Round Led by Andreessen Horowitz

Supersonik, a company developing AI agents that provide on-demand, real-time, multilingual software demonstrations, announced the completion of a $5 million seed round of funding led by Andreessen Horowitz. Supersonik's conversational AI agents can engage in real-time chats, share screens, and guide potential buyers through actual products.

Tokenized asset management platform Plural completes $7.13 million seed round of financing, led by Paradigm

Plural, a tokenized asset management platform, announced the completion of a $7.13 million seed round led by Paradigm, with participation from Maven 11, Volt Capital, and Neoclassic Capital, bringing its total funding to nearly $10 million. Plural is building financial infrastructure for the digital economy. Through tokenization and smart contract automation, Plural transforms real-world energy assets like solar, batteries, and data centers into scalable, programmable investment products.

Crypto-friendly bank Lead Bank completes $70 million financing, led by a16z and others

Crypto-friendly bank Lead Bank has completed $70 million in financing at a valuation of $1.47 billion. a16z and Khosla Ventures led the round, with participation from existing investors Ribbit Capital, Coatue and Zeev Ventures, and new investors including Iconiq Capital and Greycroft.

Character*Voice

Justin Sun: The group earns billions of dollars a year, and 100% of the interest on WLFI's high-interest financial products comes from group subsidies.

Justin Sun responded to questions about the high-interest investment products offered by users of WLFI deposits. He stated, “Some people online have questioned Huobi’s high-interest investment products. I would like to clarify a few points:

1. Similar to the current trend of instant retail (free meals), high-interest wealth management products derive 100% of their interest from group subsidies. Essentially, this is a competition between trading platforms for users. Everyone can deposit and spend freely, and the subsidy logic is simple: more users, more transactions, and long-term profitability.

Huobi is still in its early stages of growth. Our strategy is to encourage everyone to deposit freely and without any upper limit. We can discuss other matters once the funds have accumulated.

3. Merkle tree proofs have been around for almost 34 months now, so I doubt anyone will still say that the funds are not transparent.

4. Now that the group earns billions of dollars a year, no one will question whether we can afford the subsidies.

Goldman Sachs: If the Fed's credibility is damaged, gold prices may approach $5,000

Goldman Sachs Group Inc. says that if the Federal Reserve's credibility is damaged and investors swap a small portion of their U.S. Treasury holdings for gold, the price of gold could rise to nearly $5,000 an ounce. Analysts including Samantha Dart said in a report: "A scenario in which the Federal Reserve's independence is impaired could lead to higher inflation, lower stock and long-term bond prices, and an erosion of the dollar's reserve currency status. Gold, by contrast, is a store of value that does not rely on institutional trust." The Goldman Sachs report outlines a range of possible outcomes for gold prices, including a baseline forecast of $4,000 an ounce by mid-2026; a so-called tail risk scenario of $4,500; and a potential price approaching $5,000 if 1% of private U.S. Treasury funds flow into gold.