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Odaily News: According to Lookonchain monitoring, a trader who previously profited from three long positions on SOL, with cumulative gains of $1.23 million, has now opened another 3x leveraged long position on 143,900 SOL, valued at $14 million.
Odaily News: According to Lookonchain monitoring, a trader who previously lost $12 million buying high and selling low on ETH has resumed buying after a 6-month hiatus, purchasing 2,165 ETH worth $5.33 million at a price of $2,463 per ETH. The average price at which they last sold ETH was $2,452.
Odaily News: Sources familiar with the matter revealed that Moonshot AI is in talks with Microsoft, Amazon, and Google over revenue-sharing agreements that would allow these US cloud computing giants to host its Kimi K3 model. If an agreement is reached, it could mark the first significant revenue-sharing deal between a Chinese AI company and major US cloud providers. The sources said Moonshot AI is seeking up to a 30% share of revenue generated from K3-related services on Microsoft Azure, Amazon Web Services (AWS), and Google Cloud, which is broadly in line with the terms the startup has offered to major customers using its open-weight models.
The sources also revealed that Moonshot AI has already signed similar agreements with some smaller cloud platforms. Alibaba is also seeking revenue-sharing agreements with major users of its new open-source AI model.
Odaily News: On August 25, Robinhood Chain's daily on-chain RWA trading volume reached $85.1 million, setting a new all-time high. Among this, tokenized stock trading volume was approximately $66.6 million, accounting for about 78% of the day's total trading volume; Meme coin and stock token trading pairs were approximately $10.4 million, ETF and U.S. Treasury-related trading was approximately $4.8 million, and commodities were approximately $3.3 million.
Data shows that the trading structure on Robinhood Chain has changed significantly recently. On July 26, Meme coin and stock token trading pairs once contributed about 73% of daily trading volume, but by August 25, this had dropped to about 12%, while the share of pure stock token trading rose to about 78%. In addition, Robinhood Crypto added 100 new stock tokens this month, and the number of on-chain stock tokens has now exceeded 190. (cryptopolitan)
Odaily News: According to Lookonchain monitoring, an address on Aster_DEX turned $24,000 into $275,000 in less than a month, achieving an 11x return. The address deposited $24,000 into Aster, used up to 100x leverage to go long on Bitcoin, ETH, and LINK, and realized over 10x gains on each trade. The address has withdrawn $91,000 in profits, with $184,000 still remaining on Aster.
Odaily News: Since Aug. 23, Bitcoin long positions have remained at a relatively stable level, with the market showing a neutral consolidation trend after the price increase. Since Aug. 17, Bitcoin short positions have been continuously declining, with some short funds steadily exiting the market. Currently, longs have not yet significantly increased their positions.
Odaily News: According to Lookonchain monitoring, Circle minted 5 billion USDC in the past week.
Odaily News: BlackRock has significantly lowered the threshold for investors to convert self-custodied BTC directly into shares of its spot Bitcoin ETF IBIT. In July this year, the minimum conversion size was reduced from the previous $25 million to $1 million; Bitwise also lowered its threshold from $100 million to $3 million. The conversion is completed through "in-kind creation," allowing investors to deliver BTC directly in exchange for ETF shares without first selling BTC and then buying the ETF, thereby avoiding immediate capital gains tax triggered by a sale.
Robbie Mitchnick, head of digital assets at BlackRock, said IBIT has cumulatively processed over $5 billion in such conversions, up from $3 billion last October. (CoinDesk)
Odaily News: Tomáš Jiříkovský, the main defendant in a Czech cryptocurrency money laundering case and a programmer linked to darknet operations, has for the first time signaled possible cooperation with investigators. The Brno Municipal Court ruled to keep him in custody, citing flight risk and the possibility that he still controls undisclosed crypto assets.
Prosecutors said Jiříkovský has changed his stance on darknet market operations and laundering of criminal proceeds, but has not yet provided detailed testimony. Prosecutors are seeking a maximum sentence of 20 years in prison and asset forfeiture. The case involves his donation of $44 million worth of Bitcoin to the Czech Ministry of Justice. (Bitcoin.com News)
Odaily News: According to SoSoValue data, Ethereum spot ETFs recorded total net inflows of $180 million yesterday (Aug. 25, Eastern Time).
The Ethereum spot ETF with the largest single-day net inflow was BlackRock's ETHA, with $146 million in net inflows. ETHA's cumulative net inflows now stand at $12.407 billion.
It was followed by Fidelity's FETH, with $25.7523 million in net inflows. FETH's cumulative net inflows now total $2.208 billion.
As of press time, the total net asset value of Ethereum spot ETFs is $14.881 billion, with the ETF net asset ratio (market value as a percentage of Ethereum's total market cap) at 5.06%. Cumulative net inflows have reached $12.446 billion.
Odaily News: According to GMGN market data, the market cap of Robinhood ecosystem token PONS briefly surpassed $90 million, setting a new all-time high, and is now around $89.13 million.
Pons previously announced that 28.52% of the total token supply has been burned, and Pons Treasury continues to use 80% of protocol fee revenue to buy back PONS.
According to Odaily News Meme Express monitoring, DOLORES is trending in the Robinhood community, with GMGN showing a current market cap of $1.3 million.
Dolores Research introduced $DOLORES on Aug. 26, describing it as a crypto-native research lab for agent trading, and stated the project has launched on Robinhood Chain via Virtuals.
Grok noted that 2% of the $DOLORES supply is allocated to $VIRTUAL stakers, distributed based on veVIRTUAL holdings.
"Meme Express" is curated by Odaily's exclusive AI model to highlight potential trending assets in the community. Content is based on publicly available information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with meme coins.
Odaily News: According to Lookonchain monitoring, an address spent only $610 to buy 19.98 million PONS, then sold them for $1,166, making a profit of $556. These PONS are now worth $2.2 million, meaning the address missed out on over $2 million in profit.