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Odaily News: According to on-chain analyst Ai Yi, an address opened a long position of 15,000 ETH after the ETH price broke above $2,500 again. It currently holds a 20x long position worth $38 million, with an entry price of $2,529.77. Since Aug. 24, the address has accumulated profits exceeding $852,000 by going long on Bitcoin and ETH.
Odaily News: According to Hyperbot data, Machi Big Brother (Huang Licheng) had added the altcoin ENA to his long list, but just one hour later, he closed all his 10x leveraged ENA long positions, as well as all his PUMP long positions. As of now, his total position value has dropped to approximately $117 million:
$60.35 million in 25x Ethereum long positions;
$41.32 million in 40x Bitcoin long positions;
$16.32 million in 10x HYPE long positions.
Odaily News: Market news: Kioxia and SanDisk plan to invest $31 billion to expand memory plants in Japan. (Jin Shi)
Odaily News: According to on-chain analyst Ai Yi's monitoring, a whale opened a 20x leveraged short position on BTC worth $38.07 million, and exited after 60 hours with a loss of $288,000 due to a stop-loss. This marks the 16th failure for this whale since turning bearish on Aug. 19, with cumulative losses of $5.25 million over the past month.
Odaily News: Market data shows that the Hang Seng Index in Hong Kong closed down 0.34%, and the Hang Seng Tech Index fell 0.13%. PCB, optical communications, and chip stocks strengthened, with Montage Technology rising over 12%, Kingboard Laminates up over 10%, Yangtze Optical Fibre and Cable up over 10%, GigaDevice up over 7%, Hua Hong Semiconductor up over 4%, and SMIC up over 2%. AI large model stocks rose, with Zhipu up over 12% and MiniMax up nearly 4%. Baidu Group rose over 5%, adding Hong Kong as its primary listing location, and will complete dual primary listing on September 1.
Odaily News: In Nvidia's latest earnings call, CEO Jensen Huang joked that the best US stock trading strategy for 2026 is to watch who he dines with, as their stock prices would double the next day.
Nvidia previously reported earnings, disclosing that revenue for the second quarter of fiscal 2027 more than doubled year-over-year to $96.22 billion, beating the market expectation of $92.17 billion compiled by LSEG; for the three months ended July 26, adjusted earnings per share were $2.22, exceeding the expected $2.10. Data center revenue, the core business, also more than doubled to $89 billion, beating the market expectation of $85.08 billion.
Odaily News: The Tennessee Sports Wagering Council issued cease-and-desist letters on Jan. 9 to prediction market platforms Kalshi, Polymarket, and Crypto.com, demanding they stop offering sports-related prediction market products to Tennessee residents, void unsettled contracts, and return customer funds. The Council considers these products to be sports wagering, requiring platforms to comply with state licensing, taxation, age restrictions, and consumer protection requirements.
Kalshi stated that its event contracts are financial instruments regulated by the Commodity Futures Trading Commission (CFTC) and are not subject to state sports wagering regulations. Users buy and sell contracts, with contract prices reflecting market-implied probabilities; when an event occurs, winning contracts settle at $1, otherwise they settle at zero.
Traditional sportsbooks typically accept user bets and set odds to manage risk, whereas Kalshi facilitates trading between users, with the platform matching orders and prices formed by buyers and sellers. This dispute concerns whether sports prediction markets should be subject to a unified federal regulatory framework or individual state wagering licensing regimes. (Bitcoin.com News)
Odaily News: Recently, the Pre-IPO derivatives track has seen rising popularity. Ave.ai continues to expand its new trading pairs for stock-linked contracts. On August 27, Ave.ai launched two popular Pre-IPO contract trading pairs: $ANTH and $SHEIN.
It is reported that Anthropic, as the developer of the Claude large model, is a highly sought-after unlisted company in the global AI sector. As its products continue to be applied in code generation, intelligent agents, and professional research scenarios, discussions about its IPO valuation are intensifying. Meanwhile, the listing plans of cross-border e-commerce company SHEIN are also a topic of common interest in both traditional financial markets and the crypto market.
Currently, trading $ANTH and $SHEIN through Ave.ai's contracts section is not restricted by US stock trading hours. Users can engage in long/short leveraged trading 24/7 based on business progress, financing news, and IPO expectations. Both contract pairs are now live on Ave.ai.
Odaily News: BitcoinTreasuries.NET posted on X that the daily trading volume of Strategy's MSTR has surpassed that of tech giant Dell, and is higher than several other tech and financial giants.
Odaily News: CZ stated on X that the integration of AI and crypto may begin with stablecoins, then expand to Bitcoin, BNB, Ethereum, Solana, and other blockchains. Some major AI companies may issue their own tokens, using them to pay for subscription services and to bind different language models and services. Building 1 gigawatt of computing power requires approximately $30 billion to $50 billion, and some AI companies planning to build hundreds of gigawatts in the coming years may need trillions of dollars. Therefore, data center tokens could reward holders from data center usage. CZ noted that companies closely related to OpenAI, such as Worldcoin, have already issued tokens. Based on his exchanges with several top AI companies, AI agent trading takes priority over AI payments; AI agents may first be used to gather information, analyze charts, find trades, and place orders directly, before being used for payments.
Odaily News: Mirae Asset plans to build a digital asset business worth 150 trillion won, approximately $109 billion, led by Digital X (formerly Korbit), and expand into cryptocurrencies, stablecoins, real-world assets (RWA), and security tokens.