📰 Web3 News Morning Brief | 9.3
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🟥 Regulation & Macroeconomics
▪️ The U.S. Department of Justice and the FBI seized approximately $560,000 worth of crypto assets related to Hamas, and took over its fundraising website, domain, and servers. The anonymity of on-chain fundraising is facing more systematic tracking.
▪️ The CFTC plans to address potential conflicts of interest involving prediction market exchanges and their related companies. New Jersey has also asked the U.S. Supreme Court to clarify regulatory authority over sports prediction markets. Relevant businesses still face state-level regulatory challenges.
🟩 Projects & Ecosystem
▪️ Robinhood Chain’s daily on-chain fee revenue reached $3.75 million—exceeding the combined total of Solana, Ethereum, and Base. However, daily performance may be affected by special events, so durability remains to be observed.
▪️ Over the past 30 days, Coinbase’s stock tokens’ DEX trading volume on Base reached $227.7 million. Aerodrome contributed $176 million (77%). On-chain securities trading continues to concentrate among a small number of core liquidity venues.
🟦 Funds & Markets
▪️ $BTC fell below $77,000. Glassnode believes the market is still in a range-bound consolidation phase. The $83,000–$86,000 area faces long-term supply resistance. U.S. Treasury yields rose to 4.8% as well, squeezing liquidity for high-volatility assets.
▪️ $HYPE shows clear two-way capital flows. Two new addresses bought a combined ~$42.77 million. Meanwhile, an early whale sold 2.886 million tokens, with an unrealized profit of about $132 million. Changes in whale addresses do not necessarily indicate the final direction of trades.
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💡 Opportunity Notes
1️⃣ For $BTC in the short term, a range-trading approach is more suitable for observation. Watch $71,000 (around the cost basis) for support below, and $83,000–$86,000 for overhead pressure. Until ETF inflow strength and U.S. Treasury yields form a reinforcing signal, it’s not advisable to judge a trend reversal based on a single rebound.
2️⃣ $HYPE has both buy and sell signals present, suggesting the market is fairly sensitive to the concentration of holdings. Going forward, focus on tracking spot buy demand, net exchange inflows, and holder concentration. Avoid taking a single whale transfer as a direct market signal.
3️⃣ Base stock token trading remains active, with Aerodrome holding the largest share. The RWA track still has infrastructure and liquidity opportunities, but it also faces risks such as regulatory boundaries, venue concentration, and insufficient retention of real users. #RWA
These viewpoints are for reference only and do not constitute investment advice. Please view market volatility rationally.
━━━━━━━━━━━━━
🟥 Regulation & Macroeconomics
▪️ The U.S. Department of Justice and the FBI seized approximately $560,000 worth of crypto assets related to Hamas, and took over its fundraising website, domain, and servers. The anonymity of on-chain fundraising is facing more systematic tracking.
▪️ The CFTC plans to address potential conflicts of interest involving prediction market exchanges and their related companies. New Jersey has also asked the U.S. Supreme Court to clarify regulatory authority over sports prediction markets. Relevant businesses still face state-level regulatory challenges.
🟩 Projects & Ecosystem
▪️ Robinhood Chain’s daily on-chain fee revenue reached $3.75 million—exceeding the combined total of Solana, Ethereum, and Base. However, daily performance may be affected by special events, so durability remains to be observed.
▪️ Over the past 30 days, Coinbase’s stock tokens’ DEX trading volume on Base reached $227.7 million. Aerodrome contributed $176 million (77%). On-chain securities trading continues to concentrate among a small number of core liquidity venues.
🟦 Funds & Markets
▪️ $BTC fell below $77,000. Glassnode believes the market is still in a range-bound consolidation phase. The $83,000–$86,000 area faces long-term supply resistance. U.S. Treasury yields rose to 4.8% as well, squeezing liquidity for high-volatility assets.
▪️ $HYPE shows clear two-way capital flows. Two new addresses bought a combined ~$42.77 million. Meanwhile, an early whale sold 2.886 million tokens, with an unrealized profit of about $132 million. Changes in whale addresses do not necessarily indicate the final direction of trades.
━━━━━━━━━━━━━
💡 Opportunity Notes
1️⃣ For $BTC in the short term, a range-trading approach is more suitable for observation. Watch $71,000 (around the cost basis) for support below, and $83,000–$86,000 for overhead pressure. Until ETF inflow strength and U.S. Treasury yields form a reinforcing signal, it’s not advisable to judge a trend reversal based on a single rebound.
2️⃣ $HYPE has both buy and sell signals present, suggesting the market is fairly sensitive to the concentration of holdings. Going forward, focus on tracking spot buy demand, net exchange inflows, and holder concentration. Avoid taking a single whale transfer as a direct market signal.
3️⃣ Base stock token trading remains active, with Aerodrome holding the largest share. The RWA track still has infrastructure and liquidity opportunities, but it also faces risks such as regulatory boundaries, venue concentration, and insufficient retention of real users. #RWA
These viewpoints are for reference only and do not constitute investment advice. Please view market volatility rationally.