How much key market intelligence did you miss on September 13?
1. Hot topics: Coinbase, $XRP, $SUI 2. On-chain capital flows: $655M flows into Solana, 1.1B flows out of Ethereum 3. Biggest rises and falls: $CKB, $CATE 4. Hot memes: $Ohana, $ROOMLY, $DEV 5. Top news: WSJ: Tether's net profit reached $6.2 billion last year, surpassing BlackRock, and is disrupting the US global sanctions system
Featured News
CKB breaks through $0.013, up more than 50% in 24 hours
Binance will launch POL 1-50x U-based perpetual contracts
ARK Invest Report: Bitcoin's current key support levels are $52,000 and $46,000 US dollar
Trending topic
Source: Overheard on CT (tg: @overheardonct), Kaito
Coinbase:Coinbase attracted widespread attention today because it launched the wrapped Bitcoin token cbBTC on the Ethereum and Base networks. This new token allows Bitcoin holders to participate in DeFi applications without changing their Bitcoin positions, providing seamless conversion between Bitcoin and cbBTC. The launch has sparked widespread discussion, and many people believe that this will unleash Bitcoin's potential in the DeFi field. In addition, Ark Invest's purchase of Coinbase shares for $8.4 million has also added a lot of heat to the company.
$XRP:Today's discussion of XRP has focused on Grayscale's announcement of the launch of the first US XRP Trust, which has led to widespread attention and speculation about a possible future XRP ETF. This development has led to a notable 8% increase in the price of XRP, highlighting the growing institutional interest in XRP and its potential in the cross-border payments space. The news was widely reported and discussed, with many seeing it as an important development for XRP in the financial markets.
$SUI: has received widespread attention for its recent price gains, driven by several key factors. Grayscale’s launch of the SUI Trust for accredited investors was the main catalyst, driving a 17% price increase. In addition, the launch of the Mysticeti consensus protocol has increased transaction speeds, and Binance’s upcoming SUIUSD futures contract (20x leverage) has also boosted investor confidence. SUI’s reputation as a “Solana killer” and strong support from top VCs such as Binance Labs and Coinbase Ventures have further fueled bullish sentiment. USDC integration and strategic partnerships in the gaming and DeFi sectors are also seen as factors driving SUI’s momentum.
Threads&Tweets
1. Changes in the market share of on-chain perpetual contracts, with Hyperliquid developing from the lowest to the largest share. @_kaitoai
2. Projects worth paying attention to in the upcoming Solana Breakpoint@JayLovesPotato
3. Thoughts on Trump’s launch of the DeFi protocol. @adamscochran
Selected articles
1. 《Distributed resistance: Delphi Labs' paper on encryption x artificial intelligence》
Luke Saunders
Artificial intelligence is expected to become the most powerful and important resource in the 21st century, with a profound impact on society. If it is completely controlled by large technology companies and countries, it will be a dystopian future that we do not want to see. This paper shows how cryptography can prevent such monopoly by providing truly better solutions for developers and users.
2.《High FDV Coins, This Round of Icarus Myth》
0xLouisT
Just like Icarus, trying to manipulate the market through inflated valuations is likely to backfire in the long run. High FDV tokens are a warning sign for liquid investors — they typically avoid participating in or even shorting assets with inflation risk.
Top Gainers & Losers
Token volatility on Sep 10, sorted by volume
Top Gainers
1.$CKB
2.$FTW
3.$BIGTIME
Top Loser
1.$CATE
2.$MAGA
3.$APES
Today's Hot Meme
Meme fund flow on September 13, filtered and sorted by trading volume and increase
1.$Ohana(Solana)
2.$ROOMLY(Solana)
3.$DEV (Solana)
On-chain data
On-chain fund flow on September 13
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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