Read in-depth analysis of crypto news
Odaily News: The Bank of Korea announced a 25 basis point rate hike, raising the benchmark rate from 2.75% to 3.0%, marking the second consecutive meeting with a rate increase, in line with market expectations.
Odaily News: According to SoSoValue data, on August 26 (Eastern Time), HYPE spot ETFs recorded a total net inflow of $14.71 million in a single day.
The HYPE spot ETF with the highest net inflow yesterday was the Bitwise Hyperliquid ETF (BHYP), with a daily net inflow of $9.57 million, bringing its historical total net inflow to $126 million.
Next was the Grayscale Hyperliquid Staking ETF (HYPG), with a daily net inflow of $3.73 million, bringing its historical total net inflow to $136 million.
As of press time, the total net asset value of HYPE spot ETFs stood at $419 million, with a HYPE net asset ratio of 2.35%, and historical cumulative net inflows reaching $315 million.
Odaily News: According to Lookonchain monitoring, the US government's seized funds wallet (FTX Alameda Seized Funds) transferred out 24.41 BTC, worth $1.92 million, 5 hours ago.
According to Odaily News: Meme Flash monitoring, the fone community on Solana is buzzing, with GMGN showing a current market cap of $1.02 million.
ape on fone posted on Aug. 27, mentioning, "ape on fone. last cycle gave us dog wif hat. this one is being traded straight from the fone."
"Meme Flash" is curated by Odaily's exclusive AI model to select potential community buzz targets. The content is based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risk of Meme coins.
Odaily News: According to CME's "FedWatch," the probability of the Federal Reserve maintaining interest rates unchanged in September is 63.5%, while the probability of a cumulative 25 basis point rate hike is 36.5%. For October, the probability of maintaining rates unchanged is 47.3%, with a 43.4% chance of a cumulative 25 basis point hike and a 9.3% chance of a cumulative 50 basis point hike. (Jin Shi)
Odaily News: On Wednesday after U.S. market close, investors in Nvidia (NVDA.O) experienced a roller-coaster ride: after the company released its quarterly earnings, its stock initially fell, then rebounded sharply. Nvidia's second-quarter results easily beat market consensus expectations, and the company raised its third-quarter outlook. Bullish investors viewed this as another positive for the AI investment theme. But after a prolonged rally in tech stocks, the report initially seemed insufficient to excite the market. However, sentiment improved markedly as the earnings call progressed. Nvidia CEO Jensen Huang and other executives said the company expects revenue to grow 70% in fiscal 2028 and further elaborated on their view that AI has reached an inflection point, sending the stock up nearly 5% at one point. Analysts noted: "At present, Nvidia's stock volatility is within market expectations. The challenge for the company is no longer just delivering good results, but outperforming what investors consider 'excellent.' In this context, beating Wall Street expectations is almost just the price of admission." (Jin Shi)
Odaily News: Chip design company Nvidia reported fiscal 2027 second-quarter revenue of $96.221 billion, more than doubling year-over-year, exceeding both its guidance of $91 billion and market expectations of $92 billion by over $4 billion. Operating profit was $63.734 billion, more than doubling year-over-year.
Data center revenue reached $89 billion, up 18% year-over-year, accounting for 92.5% of total revenue. Among this, Hyperscale business revenue was $48.7 billion, and ACIE business revenue was $40.3 billion. Nvidia stated that Blackwell Ultra GB300 has begun shipping, and revenue related to the Chinese market, such as H200, accounts for less than 1%.
Nvidia expects fiscal 2027 third-quarter revenue to reach $108 billion, up approximately 12% quarter-over-quarter, marking the first time quarterly revenue surpasses $100 billion. CEO Jensen Huang stated that AI infrastructure construction is progressing at full speed, and AI GPU systems based on Vera Rubin have entered full production. (ZDNet)
According to Odaily News: Meme Flash monitoring, CLAN's market cap on Robinhood has surpassed $1.23 million.
fiatphobia announced the launch of clan.tech on Aug. 26, a platform built on Fomo, which is now available on Robinhood Chain. Users can access FNF, trade Clan Keys, and enter corresponding communities to interact and trade with other users through the platform.
Currently, clan.tech has 101 Clans live, each with a tradable Key. Users can enter a Clan's private chat room after purchasing its corresponding Key. On the same day, fiatphobia posted, "You are still in the early stages of CLAN and Clan Keys."
"Meme Flash" is curated by Odaily's exclusive AI model to select potential trending assets from community discussions. The content is compiled based on public information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risk of Meme coins.
Odaily News: Havenex is in the process of a Series A funding round, with Sui co-founder Kostas Kryptos participating as an advisor. The exchange, targeting financial institutions, plans to support trading in digital assets, traditional financial assets, privacy assets, and RWA assets within a compliant framework, and has applied for all necessary licenses. Havenex will leverage Sui technology, integrating other ecosystem assets and cross-chain bridges. Core features include multi-chain support, verifiable custody, continuous proof of solvency, multi-signature, quantum-resistant keys, and hardware two-factor authentication wallets.
Odaily News: The UK government will give the Bank of England a new mandate to drive innovation in digital currencies and payments. This objective is a secondary one and does not affect the Bank of England's primary mission of maintaining financial stability. UK City Minister Lucy Rigby stated that tokenization and distributed ledger technology have the potential to transform global financial markets. This secondary objective will support the Bank of England in continuing to drive payment and digital finance innovation, ensuring the UK maintains its leading position as a global financial services hub. Previously, the UK and the US had established a joint working group to promote stablecoin adoption. In June, the Bank of England removed its previous proposal to cap the amount of stablecoins individuals and businesses could hold, and Deputy Governor Sarah Breeden welcomed the new mandate.