The latest updates: Your seasoned crypto friend is here to recap the past hour’s headlines and highlight the key points by topic.
Market Moves
$SOL drops below the $100 mark: Now at $99.94, down 1.61% over 24 hours. Once a major round-number level breaks, short-term sentiment can easily wobble along with it. Don’t rush to catch a falling knife.
Brazilian stock ETF EWZ plunges 23%: Its perpetual contract on Hyperliquid is currently at $34.276. Long positions suffered over $1 million in liquidations, while dip buyers are starting to step in again. Buying the dip after a crash is never free money—first, understand why it fell.
$BTC short-term holders’ unrealized profit margin narrows to 5.9%: A CryptoQuant analyst says this group’s average cost is around $76,000, and its unrealized profit margin fell from 8.7% to 5.9% in a week. With the cost basis right below them, those who can’t hold on often get shaken out here first.
On-chain & Whales
An ancient Ethereum ICO whale transfers 1,500 $ETH to a trading platform: The coins are worth about $3.46 million, and the original cost was just $0.31 each. Whenever an old address moves, the market loves to speculate—but a transfer doesn’t necessarily mean a sale, so don’t scare yourself.
AI & Compute
The AI gold rush has a new playbook: An investor at Menlo Ventures says a number of companies are simply renting GPUs, deploying open-source models such as DeepSeek, Kimi, and GLM, and charging by the token—reaching $1 million in monthly revenue in a short time. The pick-and-shovel business model hasn’t changed; the shovels have just shifted from GPUs to tokens.
RWA & Derivatives
Open interest in RWA perpetual contracts nears $20 billion: It has surged 192% since June, reaching a record high, with CEXs accounting for 71%. It’s good to see the sector heating up, but the higher the open interest, the bigger the chain reaction can be when volatility hits.
Companies & Stocks
Major changes at House of Doge: It has ended its official DOGE authorization, its former CEO and CFO have resigned, and it is also planning to acquire McQueen Labs. Shell companies trading on the Dogecoin name keep making moves—take the story with a grain of salt.
HXSCL rises more than 1% premarket: It plans to distribute a special dividend of $12.1 billion, returning proceeds from the sale of its Kioxia stake to shareholders. Don’t mistake a one-off payout like this for a signal of long-term fundamentals.
Other
Binance will list the USDC/AED spot trading pair. Regulated channels keep expanding, giving ordinary users one more fiat on-ramp.
One question for you: With SOL breaking below $100 and BTC pressing against its cost basis, do you think this is a shakeout—or are things really about to change?
Market Moves
$SOL drops below the $100 mark: Now at $99.94, down 1.61% over 24 hours. Once a major round-number level breaks, short-term sentiment can easily wobble along with it. Don’t rush to catch a falling knife.
Brazilian stock ETF EWZ plunges 23%: Its perpetual contract on Hyperliquid is currently at $34.276. Long positions suffered over $1 million in liquidations, while dip buyers are starting to step in again. Buying the dip after a crash is never free money—first, understand why it fell.
$BTC short-term holders’ unrealized profit margin narrows to 5.9%: A CryptoQuant analyst says this group’s average cost is around $76,000, and its unrealized profit margin fell from 8.7% to 5.9% in a week. With the cost basis right below them, those who can’t hold on often get shaken out here first.
On-chain & Whales
An ancient Ethereum ICO whale transfers 1,500 $ETH to a trading platform: The coins are worth about $3.46 million, and the original cost was just $0.31 each. Whenever an old address moves, the market loves to speculate—but a transfer doesn’t necessarily mean a sale, so don’t scare yourself.
AI & Compute
The AI gold rush has a new playbook: An investor at Menlo Ventures says a number of companies are simply renting GPUs, deploying open-source models such as DeepSeek, Kimi, and GLM, and charging by the token—reaching $1 million in monthly revenue in a short time. The pick-and-shovel business model hasn’t changed; the shovels have just shifted from GPUs to tokens.
RWA & Derivatives
Open interest in RWA perpetual contracts nears $20 billion: It has surged 192% since June, reaching a record high, with CEXs accounting for 71%. It’s good to see the sector heating up, but the higher the open interest, the bigger the chain reaction can be when volatility hits.
Companies & Stocks
Major changes at House of Doge: It has ended its official DOGE authorization, its former CEO and CFO have resigned, and it is also planning to acquire McQueen Labs. Shell companies trading on the Dogecoin name keep making moves—take the story with a grain of salt.
HXSCL rises more than 1% premarket: It plans to distribute a special dividend of $12.1 billion, returning proceeds from the sale of its Kioxia stake to shareholders. Don’t mistake a one-off payout like this for a signal of long-term fundamentals.
Other
Binance will list the USDC/AED spot trading pair. Regulated channels keep expanding, giving ordinary users one more fiat on-ramp.
One question for you: With SOL breaking below $100 and BTC pressing against its cost basis, do you think this is a shakeout—or are things really about to change?