Crypto PricesView real-time crypto pricesNewsThe latest trends in the crypto marketBTCC AcademyLearn about blockchain and cryptoAnnouncementsFind all our official announcements
Spot tradingTrade Cryptocurrencies FreelyCrypto DepositMake instant crypto transfers to your futures accountConvertCovert your crypto instantlySupport CentreFind our FAQs here
USDT-M Perpetual FuturesTrade futures contracts settled in USDTCoin-M Perpetual FuturesTrade futures contracts settled in cryptocurrencyFutures Copy TradingFollow the world's top tradersVIP Fee DiscountsEnjoy different fee discounts based on your VIP level
Exclusive to new usersGet 10,055 USDTReferralInvite friends and receive rewards
Assets
Crypto DepositFiat DepositConvertTransferWithdrawMy vouchersFund history
DashboardAccount SecurityIdentity verificationTransaction ReportLog out
Register

News Center

Read in-depth analysis of crypto news

AllImportant
Wednesday, 2026-09-09

Data: ZZZ's market value briefly surpassed 50 million USD, with a 24H increase of over 200%

According to GMGN data, the market capitalization of the Meme token ZZZ on the Robinhood Chain briefly surpassed 50 million USD, with a 24H increase of over 200%, currently reported at 46.2 million USD.It is reported that the narrative of this Meme coin originates from independent investigators discovering that a large number of Wikis were edited by the same group, with AI agents adding ZZZ before editing to reduce visibility. Market news reminds users that the prices of Meme coins are highly volatile, and investors should participate with caution.

Bitcoin Spot ETFs See First Net Outflow of $46.65M After Three Days of Inflows

Odaily News: According to SoSoValue data, yesterday (Sept. 8, Eastern Time) Bitcoin spot ETFs saw a total net outflow of $46.65 million.

The Bitcoin spot ETF with the largest single-day net inflow yesterday was Bitwise ETF BITB, with a single-day net inflow of $14.47 million. BITB's historical total net inflow now stands at $2.13 billion.

Next was BlackRock's ETF IBIT, with a single-day net inflow of $10.66 million. IBIT's historical total net inflow now stands at $64.07 billion.

The Bitcoin spot ETF with the largest single-day net outflow yesterday was Grayscale ETF GBTC, with a single-day net outflow of $65.51 million. GBTC's historical total net outflow now stands at $27.72 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $99.52 billion, with the ETF net asset ratio (market value as a percentage of total Bitcoin market cap) reaching 6.31%. The historical cumulative net inflow has reached $55.57 billion.

Ethereum Spot ETFs See Net Outflow of $24.29M Yesterday; Fidelity's FETH Leads with $9.89M Net Inflow

Odaily News: According to SoSoValue data, yesterday (Sept. 8, Eastern Time) Ethereum spot ETFs saw a total net outflow of $24.2921 million.

The Ethereum spot ETF with the largest single-day net inflow yesterday was Fidelity's ETF FETH, with a net inflow of $9.8924 million. To date, FETH's historical total net inflow has reached $2.287 billion.

The Ethereum spot ETF with the largest single-day net outflow yesterday was Grayscale's Ethereum Mini Trust ETF ETH, with a net outflow of $24.6098 million. To date, ETH's historical total net inflow has reached $1.903 billion.

As of press time, the total net asset value of Ethereum spot ETFs is $15.716 billion, with an ETF net asset ratio (market cap as a percentage of total Ethereum market cap) of 5.19%, and a historical cumulative net inflow of $13.169 billion.

Report: US Could Gain Up to $2.58 Billion in Net Revenue Over 10 Years by Exempting Crypto Payments Under $300 from Taxes

Odaily News: A report by the Cornell Brooks School Tech Policy Institute (BTPI) shows that if the US implements a de minimis exemption for bitcoin and cryptocurrency payments under $300, federal net revenue is projected to increase by $859 million over 10 years, with a range of $172 million to $2.58 billion. The estimates assume that the number of digital asset payment users remains at 5.4 million.

US Senator Cynthia Lummis has proposed S. 2207, which would exempt capital gains taxes on such payments, with an annual cap of $5,000 in tax-exempt capital gains. Some other legislative initiatives propose limiting the exemption to regulated stablecoins, and discussions are ongoing.

BTPI stated that current capital gains taxes and reporting requirements for small transactions discourage everyday bitcoin payments. Eliminating transaction-level tax and reporting burdens could increase bitcoin payments and demand; at current adoption levels, the near-term impact on bitcoin prices and tax revenue may be small, while the long-term impact depends on factors such as payment volume. (Bitcoin.com News)

CleanSpark produced 593 BTC in August, with a total holding of 13,703 coins

Bitcoin mining company CleanSpark (Nasdaq: CLSK) announced its unaudited operational data for the period ending August 31, 2026. In August, it mined a total of 593 BTC, with a cumulative output of 4,903 BTC for the year. The operational hash rate reached 50 EH/s, with an overall energy efficiency ratio of 16.07 J/Th, and the total contracted power capacity was 1.8 GW (with 808 MW already utilized).In terms of treasury, its total Bitcoin holdings as of the end of August were 13,703 BTC. In August, it sold a total of 821 BTC through spot sales, call option exercises, and delta-neutral basis trading, achieving an average realized price of $65,420. CleanSpark is accelerating the construction of its high-performance computing data center in Sandersville, Georgia, which has signed long-term lease agreements totaling $6.6 billion with high-rated technology tenants for 20 years.

StoneX Initiates Coverage on Robinhood with Buy Rating and $170 Price Target, Sees $980M Revenue Potential from Robinhood Chain by 2029

Odaily News: StoneX Financial initiated coverage on Robinhood with a Buy rating and a $170 price target, implying approximately 45% upside from Tuesday's closing price of $117.34.

StoneX noted that Robinhood Chain's daily fees reached approximately $4.59 million as of Sept. 3, and it expects the chain to generate $980 million in revenue by fiscal 2029, with a profit margin of 85%. Additionally, Robinhood's prediction market traded 13.6 billion event contracts in the second quarter, generating approximately $156 million in revenue, up 50% quarter-over-quarter. (The Block)

Robinhood Ecosystem Meme Coins Continue Decline, MEME Drops 23.6% in 24 Hours

Odaily News: According to GMGN data, major Meme coins in the Robinhood ecosystem continue to decline. MEME's market cap is currently reported at $88.3 million, down 23.6% in 24 hours; CASHCAT's market cap is reported at $188 million, down 4.6% in 24 hours; AI's market cap is reported at $244 million, down 4.8% in 24 hours; BONER's market cap is reported at $44.7 million, down 25.7% in 24 hours; microduck's market cap is reported at $17.3 million, down 9.5% in 24 hours.

StoneX initiated coverage on Robinhood with a buy rating and a target price of $170

StoneX analyst Mark Palmer initiated coverage of Robinhood with a buy rating and a target price of $170, implying about a 45% upside from Tuesday's closing price of $117.34. Palmer noted that Robinhood is expanding from retail trading services to acquire exchanges and blockchain infrastructure with software profit margins.Robinhood Chain launched its mainnet on July 1, generating more Gas fee revenue in the past 24 hours than all other Ethereum Layer 2s combined. As of September 3, the chain's daily fee revenue was approximately $4.59 million, with an annualized revenue close to $39 million as of August 29. StoneX predicts that Robinhood Chain could generate $980 million in revenue by fiscal year 2029, with a profit margin of 85%.In the prediction market, Robinhood traded 13.6 billion event contracts in the second quarter, with over 5 billion contracts traded during the World Cup period alone, generating approximately $156 million in revenue, a 50% quarter-over-quarter increase. On Tuesday, Robinhood announced partnerships with Crypto.com and OG.com, investing in both companies and routing some event contracts to OG.com. Previously, Bernstein analysts also maintained a rating of outperform for Robinhood, with a target price of $160.

Address Opens 20x Leveraged Long on 500 Bitcoin Worth $39.44M

Odaily News: According to Lookonchain monitoring, an address deposited 11.9 million USDC into Hyperliquid and subsequently opened a 20x leveraged long position on 500 Bitcoin, with a position value of $39.44 million and a liquidation price of $55,570.76.

Whale That Sold 50,000 ETH Returns After 8 Months to Buy 179.8 BTC

Odaily News: According to on-chain analyst Yu Jin, a whale that sold 50,600 ETH at an average price of $2,921 late last year, realizing a profit of $19.02 million, has resumed buying Bitcoin after an 8-month hiatus. Over the past day, the whale swapped 14.2 million USDC for 179.8 BTC via THORChain at a price of $78,955 per BTC. The whale is still buying and holds $74.32 million in USDC.

A certain whale has re-entered the market to buy Bitcoin after 8 months, having invested 14.2 million USD

According to EmberCN monitoring, a whale that cleared 50,600 ETH at an average price of $2,921 last year, realizing a profit of about $19.02 million, has started buying BTC again after being silent for about 8 months.In the past day, this whale has exchanged 14.2 million USDC for 179.8 BTC through THORChain, with an average purchase price of about $78,955. Currently, this whale continues to buy and still holds about 74.32 million USDC.

CoinGecko: On-chain Pre-IPO perpetual contracts become an effective valuation indicator

CoinGecko stated in its latest RWA report that the pre-market for synthetic IPOs has begun to serve as an effective valuation indicator for traditional IPOs. On-chain perpetual contracts can provide continuous price discovery and market sentiment anchors for popular unlisted companies before the official opening of exchanges.The report uses SpaceX and Changxin Storage (CXMT) as examples, noting that before SpaceX's listing, the prices of perpetual contracts across platforms fluctuated between $158 and $170, gradually converging to around $157.40; when its first transaction price on Nasdaq landed at $150.05, the deviation was about 4.9%. The deviation between the perpetual contract price before CXMT's listing and the actual opening price was also about 4.6%.CoinGecko believes that in the absence of real spot stocks as immediate arbitrage anchors, traders will still form relatively concentrated quotes around valuation, listing popularity, and future liquidity. On-chain Pre-IPO perpetual contracts will thus become an important reference price before the traditional order book opens, providing global investors with a channel to express long and short expectations 24 hours a day.

The application for the LAPTOP token will open at 8 PM Beijing time tonight

Hunter Biden's Laptop announced that 20% of the total supply of LAPTOP tokens will be distributed for free to the community. Among this, 2% is reserved for users who incurred losses in Trump-related meme coins and other designated groups, 8% is allocated to Hunter Biden Substack subscribers as of September 6, 2026, and another 10% is set aside for future community airdrops.Claims will open on September 9, 2026, at 8:00 AM (Eastern Time), and community users will have 30 days to claim from the launch date. LAPTOP is a meme coin created for entertainment and community engagement purposes and does not represent any equity, ownership, or other economic interests.

Data: The total net outflow of the HYPE spot ETF in the United States for the day was $12.9556 million

According to SoSoValue data, the HYPE spot ETF had a total net outflow of $12.95 million in a single day. The HYPE spot ETF with the highest net outflow was the Bitwise Hyperliquid ETF (BHYP), with a net outflow of $8.063 million in a single day, and its historical total net inflow has reached $156 million.Following that is the 21Shares Hyperliquid ETF (THYP), with a net outflow of $4.8926 million in a single day, and its historical total net inflow has reached $51.6923 million. As of the time of publication, the total net asset value of the HYPE spot ETF is $464 million, with a net asset ratio of 2.48%, and the historical cumulative net inflow has reached $344 million.

US XRP Spot ETFs See Net Inflow of $1.5478M in a Single Day

Odaily News: According to SoSoValue data, yesterday (Sept. 8, Eastern Time), XRP spot ETFs saw a total net inflow of $1.5478 million.

Only the Franklin XRP ETF (XRPZ) recorded a net inflow yesterday, with a single-day net inflow of $1.5478 million, bringing its historical total net inflow to $474 million.

As of press time, the total net asset value of XRP spot ETFs is $1.509 billion, with a net asset ratio of 1.70% for XRP, and the historical cumulative net inflow has reached $1.683 billion.

US HYPE Spot ETFs See $12.9556M Net Outflow in a Single Day

Odaily News: According to SoSoValue data, yesterday (Sept. 8, Eastern Time) HYPE spot ETFs saw a total net outflow of $12.9556 million in a single day.

The HYPE spot ETF with the largest net outflow yesterday was the Bitwise Hyperliquid ETF (BHYP), with a single-day net outflow of $8.063 million, bringing its historical total net inflow to $156 million.

The next was the 21Shares Hyperliquid ETF (THYP), with a single-day net outflow of $4.8926 million, bringing its historical total net inflow to $51.6923 million.

As of press time, the total net asset value of HYPE spot ETFs is $464 million, with a HYPE net asset ratio of 2.48%, and historical cumulative net inflows have reached $344 million.

US SOL Spot ETFs See $667,700 Net Outflow in a Single Day

Odaily News: According to SoSoValue data, yesterday (Sept. 8, Eastern Time) SOL spot ETFs saw a total net outflow of $667,700.

Among them, the 21Shares Solana ETF (TSOL) recorded a net inflow of $502,700 for the day, bringing its historical total net outflow to $97.7607 million.

The Grayscale Solana Trust (GSOL) saw a net outflow of $1.1705 million for the day, with its historical total net inflow reaching $134 million.

As of press time, the total net asset value of SOL spot ETFs stood at $1.431 billion, with a net asset ratio of 2.37% for SOL, and a historical cumulative net inflow of $1.345 billion.

Trump Envoy Witkoff Discloses $107 Million in 2025 Income from Holding Company That Held WLFI Stake

Odaily News: Steve Witkoff, a special envoy of U.S. President Trump and a real estate developer, said in his latest financial disclosure that his holding company brought him approximately $107 million in income in 2025. The company holds his stake in the crypto project World Liberty Financial LLC, as well as assets such as resorts, hotels, and residential real estate; the filing did not disclose the specific valuations and income of World Liberty Financial LLC and other underlying assets. Previous disclosures showed that the holding company's income in 2024 was $34 million. Critics argue that Witkoff's holdings in entities such as World Liberty Financial LLC pose a potential conflict of interest with his government role.