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Tuesday, 2026-09-08

Analysis: SpaceX May See Over $10 Billion in Passive Net Buying, Weight in Nasdaq Could Rise

Odaily News: SpaceX's stock price has recently been fluctuating within a narrow range, but with the Nasdaq 100 index's quarterly rebalancing later this month, a new wave of buying may soon arrive. Due to lock-up restrictions, SpaceX's free float is relatively low, so its current weight in the Nasdaq 100 is only 1.25%, ranking 19th. Despite its market cap exceeding $2 trillion, it ranks sixth among the index's constituents.

After the next index rebalancing, SpaceX's weight is expected to increase. The related adjustments will be announced after the close on Friday and take effect on September 21. Part of the reason is that over 1 billion shares have already been unlocked, raising SpaceX's free float from less than 10% of total shares outstanding shortly after the IPO to nearly 30%.

According to a report released on Tuesday by JPMorgan Securities strategists including Min Moon, after the rebalancing, SpaceX's weight could reach 1.51%, leading to approximately $12.4 billion in passive net buying of SpaceX stock by index funds and ETFs. Nasdaq data shows that as of the end of the second quarter, about $1.7 trillion in assets tracked the Nasdaq 100, including the Invesco QQQ Trust Series 1 exchange-traded fund, widely known by the ticker QQQ. (Advisorperspectives)

Listed Companies' Weekly Net Bitcoin Purchases Down 48% WoW; Strategy Did Not Add Last Week

Odaily News: According to SoSoValue data, as of 8:00 a.m. ET on September 8, 2026, the total net purchases of Bitcoin by global listed companies (excluding mining companies) last week amounted to $267 million, a decrease of 48% from the previous week. Strategy (formerly MicroStrategy) did not purchase Bitcoin last week. Japanese listed company Metaplanet did not purchase Bitcoin last week, marking eight consecutive weeks without purchases.

In addition, eight other companies announced Bitcoin purchases or holdings last week. Japanese energy investment company Remixpoint announced that as of September 4, 2026, it held a total of 1,506.23390097 BTC, with a cumulative total expenditure of $111.84 million, an increase of 2.48356398 BTC (not from purchases) compared to the previous week. Entertainment technology company Boyaa Interactive announced that from June 24, 2026 to September 4, 2026, it invested $14.3 million to increase its holdings by 205 BTC at a price of $69,756.097561 per BTC, bringing its total holdings to 4,316 BTC. UK Bitcoin company The Smarter Web Company announced on September 2 that it invested $2.72 million to purchase 35 BTC at $77,708 per BTC, bringing its total holdings to 2,747 BTC. Bitcoin treasury company Bitcoin Treasury Corporation announced on September 4 that its total holdings were approximately 737.71 BTC, without disclosing the total purchase amount or average cost. UK Bitcoin treasury company BHODL announced on September 3 that it spent approximately $77,772.17 last week to purchase 1 BTC, bringing its total holdings to approximately 167.487 BTC. Ethereum treasury company Bitmine announced after 8:00 a.m. ET on August 31 that it purchased 1 BTC, without disclosing the purchase amount, bringing its total holdings to 211 BTC. French Bitcoin company Capital B announced on September 7 that it purchased 376 BTC at $67,182 per BTC, bringing its total holdings to 3,521 BTC. Asset management company Strive announced on September 8 that it spent approximately $109 million last week to purchase 1,375 BTC at $79,281 per BTC, bringing its total holdings to approximately 24,531 BTC.

In terms of financing, Capital B announced that it has raised an additional €7.6 million (approximately $8.83 million) from investors and institutions, including Adam Back, to purchase Bitcoin. BHODL confirmed that it has now completed ATM 2 (second at-the-market offering program), selling a total of 600,000 ordinary shares at an average price of 8.06 pence per share, raising total proceeds of £48,275 ($65,253.32) to purchase Bitcoin, and has initiated ATM 3 (third at-the-market offering program).

As of press time, the global listed companies (excluding mining companies) in the statistics hold a total of 1,119,973 BTC, a decrease of 2.38% from the previous week, with a current market value of approximately $87.77 billion, representing 5.6% of Bitcoin's circulating market cap.

Malone Lam to Appear in Court Tuesday for Plea Hearing in $230M Bitcoin Theft Case

Odaily News: Malone Lam is expected to appear in federal court on Tuesday for a plea hearing related to an alleged $230 million Bitcoin theft. Prosecutors allege that in August 2024, Malone Lam led an 18-person group that used social engineering to obtain more than 4,100 Bitcoin from a Washington, D.C. investor, subsequently using the proceeds to purchase cars, luxury homes, and a private jet, as well as spending on clubs. If Malone Lam pleads guilty, he will become the 11th defendant to plead guilty in the case. (Bitcoin News)

Involved in the $230 million Bitcoin theft case: Malone Lam will appear in court on Tuesday for a plea hearing

Malone Lam is expected to attend a federal court plea hearing on Tuesday, related to an alleged $230 million Bitcoin theft case. Prosecutors claim that Malone Lam led an 18-member gang in August 2024, using social engineering techniques to obtain over 4,100 Bitcoins from an investor in Washington, D.C., and subsequently used the proceeds to purchase cars, luxury homes, and private jets, as well as to spend at clubs.If Malone Lam pleads guilty, he will become the 11th defendant to plead guilty in this case.

Data: In the past 24 hours, the total liquidation across the network was 197 million USD, with long positions liquidated at 133 million USD and short positions liquidated at 64.7558 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was 197 million dollars, with long positions liquidated at 133 million dollars and short positions liquidated at 64.7558 million dollars. Among them, Bitcoin long positions were liquidated at 41.1194 million dollars, Bitcoin short positions at 6.4902 million dollars, Ethereum long positions at 18.4855 million dollars, and Ethereum short positions at 11.3667 million dollars.In addition, in the last 24 hours, a total of 75,773 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth 1.8096 million dollars.

Data: Robinhood Chain's total revenue reached 42.58 million USD in 70 days since launch

According to on-chain analyst Yu Jin's monitoring, since the launch of Robinhood Chain 70 days ago, the total on-chain revenue has reached 42.58 million USD, approximately 17,171 ETH, with an average daily revenue of about 608,000 USD.Among them, Robinhood Chain received 90% of the revenue, which is 15,454 ETH, approximately 38.32 million USD; Arbitrum, as the technology provider, received 10% of the revenue, which is 1,716 ETH, approximately 4.26 million USD.

Robinhood Chain Generates Over $42 Million in Revenue in First 70 Days, Averaging $608,000 Daily

Odaily News: According to on-chain analyst Yu Jin's monitoring, Robinhood Chain has generated a total revenue of $42.58 million (approximately 17,171 ETH) in the 70 days since its launch, with an average daily revenue of about $608,000.

In terms of revenue distribution, Robinhood Chain receives 90% (approximately 15,454 ETH, equivalent to $38.32 million), while Arbitrum, as the technology provider, takes 10% (approximately 1,716 ETH, equivalent to $4.26 million).

Robinhood Chain was officially launched in July this year. It is an L2 network built on the Arbitrum Orbit architecture, jointly launched by Robinhood and Arbitrum. In just over two months since its launch, it has delivered a revenue performance exceeding $40 million, reflecting the growth potential of trading activity and user scale, and also providing a new observation sample for the L2 track in the direction of integrating compliant CeFi and DeFi.

Four Killed in Mexico in Attack Linked to Bitcoin Cold Wallet Theft

Odaily News: The State Attorney General's Office of Mexico State (FGJEM) said two suspects are accused of killing four people in connection with the search for a cold wallet believed to hold millions of dollars in Bitcoin. The two are due in court on Wednesday, where a judge will decide whether there is enough evidence to proceed with criminal proceedings.

The surnames of suspects Diego Sebastián and Gerardo have not been disclosed. Prosecutors allege the two killed Jonathan Meléndez, keyboardist for the rock band Camilo Séptimo, his pregnant wife, their daughter, and an employee at a residence in the city of Atizapán de Zaragoza. The family's golden retriever was also killed.

Mexico's Secretary of Security, Omar García Harfuch, said one of the suspects was a business partner of the victim and allegedly used that relationship to gain entry to the residence. If convicted, the two could face 25 to 70 years in prison for each victim.

Blockchain security firm CertiK reported 52 violent coercion attacks against cryptocurrency holders globally in the first half of 2026, a 33.3% increase from 39 in the same period in 2025. Blockchain analytics firm Chainalysis estimates that these attacks resulted in over $30 million in stolen cryptocurrency. (Cointelegraph)

The case of four people murdered in Mexico involves a Bitcoin robbery, and two suspects are facing trial

According to Cointelegraph, the Attorney General's Office of the State of Mexico (FGJEM) reported that two suspects, Diego Sebastián and Gerardo, were arrested for allegedly murdering Jonathan Meléndez, the keyboardist of the rock band Camilo Séptimo, along with his pregnant wife, daughter, and an employee. The victims' golden retriever was also killed. The suspects are accused of committing the crime to obtain a cold wallet that allegedly contained millions of dollars in Bitcoin, with one of the suspects being a business partner of the victim, who used that relationship to gain access to the victim's home. The two will appear in court on Wednesday, where the judge will decide if there is enough evidence to continue the criminal proceedings; if convicted, each suspect could face a prison sentence of 25 to 70 years corresponding to each victim.Such violent robberies targeting cryptocurrency holders (known as "home invasion attacks") are on the rise. According to CertiK data, there were 52 reported home invasion attacks globally in the first half of 2026, a year-on-year increase of 33.3%; among these, there were 20 home invasions targeting cryptocurrency holders, compared to only 1 during the same period last year. Chainalysis estimates that criminals stole over 30 million dollars in cryptocurrency through home invasion attacks in the first half of 2026. The number of global home invasion attacks increased by 75% year-on-year to 72 incidents in 2025, with France leading with 19 incidents, accounting for about 40% of the global total.

Strategy Bitcoin Holdings Show $2.398B Unrealized Gain, Bitmine Ethereum Holdings Show $5.194B Unrealized Loss

Odaily News: According to on-chain analyst Yu Jian's monitoring, Strategy, the Bitcoin treasury company, did not increase its Bitcoin holdings last week. It currently holds 845,050 BTC ($66.125 billion) at an average cost of $75,412, with an unrealized gain of $2.398 billion (+3.7%).

Bitmine, the Ethereum treasury company, purchased 28,086 ETH ($68.85 million) last week at approximately $2,451 per ETH. They now hold a total of 5,929,198 ETH ($14.651 billion) at an average cost of $3,347, with an unrealized loss of $5.194 billion (-26.2%).

Tom Lee: ETH Leads Q3, Tokenization and AI Could Be Next Bull Market Engines

Odaily News: Tom Lee said that in historical crypto bull market cycles, the ETH/BTC ratio typically rises as Ethereum usage increases relative to Bitcoin. The NFT boom in 2020-2021 and stablecoins in 2025 have both been important catalysts for Ethereum application growth.

Tom Lee believes that in the next cycle, Wall Street's tokenization of assets and deployment on blockchain, as well as Agentic AI's use of blockchain, could further push the ETH/BTC ratio higher. Entering the final months of 2026, the crypto market faces several positive catalysts, including the expected vote on the CLARITY Act in mid-September, Korean investors re-entering crypto and shifting from AI stocks to the crypto market, and what he believes will be a "four-year cycle" bottoming out in the coming weeks. These factors could pave the way for large-scale institutional capital inflows in the final months of 2026.

Tom Lee also noted that since Q3 2026, ETH has been the best-performing macro asset, outperforming the S&P 500 by 5,430 basis points as of last Friday; the three best-performing assets since June 30 are ETH, BTC, and SOL. He believes that crypto's significant outperformance relative to other macro assets so far in Q3 could further attract institutions to increase their crypto allocations. (PRNewswire)

Tom Lee: Asset tokenization and Agentic AI may trigger a new round of ETH price increase

According to PRNewswire, Tom Lee, Chairman of the Bitcoin treasury company Bitmine, stated that during historical cryptocurrency bull market cycles, the ETH/BTC ratio typically rises as Ethereum's usage increases relative to Bitcoin, such as during the NFT boom of 2020-2021 and the stablecoins of 2025, both of which have been significant catalysts for the growth of Ethereum applications. In the next cycle, Wall Street's tokenization of assets and deployment on the blockchain, along with the use of Agentic AI in blockchain, may further drive the ETH/BTC ratio higher.Since the third quarter of 2026, ETH has been the best-performing macro asset, outperforming the S&P 500 index by 5430 basis points as of last Friday; the three best-performing assets since June 30 have been ETH, BTC, and SOL, with cryptocurrency assets showing significant outperformance compared to other macro assets so far in the third quarter, which is expected to further attract institutions to increase their allocation to cryptocurrency assets. Tom Lee added that as we enter the last few months of 2026, the cryptocurrency market faces several positive catalysts, including the anticipated vote on the CLARITY Act in mid-September, Korean investors re-entering the cryptocurrency market and shifting from AI stocks to cryptocurrencies, and what he believes will be a bottoming out of the "four-year cycle" in the coming weeks, all of which may pave the way for a large influx of institutional funds in the last months of 2026.

Listed Bitcoin Miners Exit ASICs and Lease Power Capacity to AI Tenants as AI/HPC Contracts Exceed $70B

Odaily News: Bitcoin News posted on X that since January, listed bitcoin mining companies have been withdrawing ASIC miners and leasing the corresponding power capacity to AI tenants. It is estimated that the industry's AI/HPC contract scale has exceeded $70 billion. Bitcoin News also listed 10 listed mining companies that are repurposing their sites, along with the percentage of miners each has actually migrated.

BSC Overtakes Ethereum with Over $1.3B in DEX Volume in Past 24 Hours

Odaily News: According to DefiLlama data, BSC's DEX trading volume over the past 24 hours reached $1.327 billion, surpassing Ethereum ($1.3 billion) and trailing only Solana ($2.872 billion) and Robinhood Chain ($1.512 billion). Additionally, BSC generated $1.99 million in revenue over the past 24 hours, while Robinhood Chain generated $1.91 million.

CZ today posted on X, stating "IPOs will move on chain," and subsequently Four.meme launched a stock token BNC4, which is pegged 1:1 to the US stock CEA Industries (BNC), potentially driving an increase in trading volume of Meme coins on the BSC ecosystem.

Strategy Buys Back $176M STRC, Holds 845,050 BTC and $6.5B in Dollar Assets

Odaily News: Strategy did not purchase additional Bitcoin last week and has repurchased $176 million worth of STRC, increasing its "Digital Credit Securities Repurchase Program" from $1 billion to $2 billion. As of September 7, 2026, the company holds 845,050 BTC and $6.5 billion in dollar assets.

Robinhood Partners with Crypto.com to Expand Prediction Markets

Odaily News: Robinhood has reached an agreement with Crypto.com to further advance its prediction market business. Under the agreement, Robinhood will list event contracts provided by OG.com, Crypto.com's prediction market platform, and will hold a minority stake in Crypto.com and OG.com.

OG.com was valued at approximately $5 billion after receiving an investment from Citadel Securities in July this year. (WSJ)