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U.S. Stocks End Three-Session Losing Streak; Dell Surges More Than 15% on Better-Than-Expected Earnings, While Treasury Yields Nearing 5% Raise Concerns About a Global Pullback
U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.
SPYX-0.51%
NAS100-1.03%
NVDA+0.23%
META-3.28%
DELL+4.94%
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Trump Shares “War Duration Chart,” Says “Iran Operation” Took Only 6 Weeks
ME News, May 7 (UTC+8) — U.S. President Donald Trump posted a photo on social media, captioned: “Study this picture carefully.” The image lists the durations of several previous U.S. wars: the War in Afghanistan, 543 weeks; the Iraq War, 457 weeks; the Vietnam War, 439 weeks; the American Civil War, 209 weeks; World War II, 196 weeks; the War of 1812, 139 weeks; and “Operation Iran,” 6 weeks. (East News Agency) (Source: ODAILY)
JPMorgan: Global AI Trade Expected to Recover After Pullback
ME News reported on September 28 (UTC+8) that JPMorgan analysts said the recent pullback in global AI trades has improved investors’ positioning and made valuations more attractive, potentially prompting investors to re-enter the market, particularly in semiconductor stocks. JPMorgan noted that continued strong earnings performance and evidence of AI commercialization will support renewed investor attention to the sector. (Source: ChainCatcher)
Bitwise: Stablecoin Adoption Will Rely on Push from Big Tech Companies
Bitwise Chief Investment Officer Matt Hougan said that if major technology companies adopt stablecoins, their market capitalization could reach $4 trillion by 2030. DoorDash and Meta are testing stablecoin payments in small-scale projects, which he considers a killer application for stablecoins. Although the scale remains small, these trials validate the potential to expand to trillions of dollars in assets and hundreds of millions of users. Stablecoins are currently used primarily for crypto trading, but large-scale adoption would require the backing of major enterprises. For multinational companies, stablecoins are cheaper and faster and can simplify global payment infrastructure.
DASH+3.14%
META-3.28%
After adjusting for the stock split, KIOXIA fell 6.19%, with its largest new position being a short position.
The KIOXIA contract on Hyperliquid is quoted at $113.61, with open interest of approximately $1.46 million. After completing a 1-for-3 split, old positions were settled and pending orders canceled before trading resumed. Adjusted for the split, it has fallen approximately 6.19% over 24 hours. The first trade was at $114.93, and the current price range is $112.10–$124.04, approximately 1.15% below the first trade. Among the top 10 directional positions, two are short positions, with total shorts of approximately $585,000 and longs of approximately $178,000. Source: ODAILY
KIOXIA-5.49%
The probability of Bitcoin reaching its September price forecast has risen significantly
According to ME News on September 28 (UTC+8), prediction market data showed that in the prediction “Bitcoin will fall to $82,500 in September,” the probability of the “Yes” option rose sharply from 36.5% to 86.5%, an increase of 50.0 percentage points in a single day.
BTC-2.20%
POSX Exhibits at TOKEN2049 Singapore
ME News reports that POSX will participate in TOKEN2049 Singapore, taking place October 7-8, 2026, at Marina Bay Sands in Singapore, booth PB1-34. POSX approaches the market through everyday consumption scenarios, bringing a consumer rewards perspective and connecting merchants’ reward systems. POSX Rewards are promotional benefits funded by merchants, with reward balances credited to the system. During the event, the POSX team will introduce the model and engage on-site with consumers, merchants, partners, and media at booth PB1-34.
PUMP’s maximum unrealized profit on a long position has increased to 400%, making it one of today’s few profitable long accounts.
According to TradingBeats monitoring, the Hyperliquid address beginning with 0xc36a still holds a long position of 1 billion PUMP contracts, with an average entry price of approximately $0.0036, a current value of approximately $4.99 million, and an unrealized profit of approximately $1.4 million. PUMP is currently priced at approximately $0.005, about 71% above the average entry price. The address also holds a long position of approximately 10,800 ZEC contracts, with an average entry price of approximately $1,206, a position value of approximately $16.66 million, and an unrealized profit of approximately $3.67 million. It has not yet exited the position. Source: BlockBeats
PUMP+9.47%
ZEC-6.41%
Japanese Foreign Exchange Official Warns Markets Not to Ignore Japan-U.S. Exchange Rate Signals
ME News reported on September 28 (UTC+8) that Japan’s top foreign exchange official, Atsushi Mimura, said the market should take seriously the “very clear” signals sent by Japan and the United States last week regarding the yen, which demonstrated their resolve to take action against excessive declines. Japanese Finance Minister Satsuki Katayama said that U.S. President Trump expressed concern about the weak yen during his summit with Japanese Prime Minister Sanae Takaichi. Atsushi Mimura emphasized that he would closely monitor the market’s reaction and expressed dissatisfaction and concern over the yen’s recent trend. (Source: ChainCatcher)
Ansem: Bullish on NFTs recovering in this cycle, with a focus on experiments centered on the NFT format itself.
ME News reported on September 28 (UTC+8) that crypto KOL Ansem posted that he is very bullish on NFTs achieving a genuine recovery in this cycle. Although art NFTs may experience another boom, he is more focused on experiments surrounding the NFT format itself, including agents, ownership, new issuance mechanisms, and the integration of NFTs with on-chain products. The market is still in the early stages of a broader rotation across the on-chain ecosystem, so it is expected that in the future, people in NFTs.
Yunfeng Financial’s Yunfeng Youyu officially launched its “physical gold token” product.
Yunfeng Financial has launched physical gold tokens on the “Yunfeng Youyu” platform, with AlphaToken providing blockchain technology and asset tokenization infrastructure. Each token represents 1 gram of LBMA-certified physical gold with a purity of 99.99%, held in custody by a professionally managed vault with international accreditation and verified through independent audits. The token price is linked to the international gold price and is available only to users who qualify as professional investors.
Stablecoin payments company RedotPay announces completion of financial audit, advancing its U.S. IPO plans
RedotPay has completed a financial audit and anti-money laundering/combating the financing of terrorism compliance review conducted by one of the Big Four accounting firms, both of which are elements of IPO preparation. It was previously reported that the company had postponed its U.S. listing due to regulatory and legal issues, but the company denied this, stating that the IPO has not been delayed and that it is continuing to advance the listing process without announcing a date. RedotPay allows users to hold stablecoins in its app, spend through an affiliated Visa card, and complete cross-border transfers.
V-0.19%
XRP is currently priced at $1.4708, down 3.0% over the past 24 hours.
ME News reports that on September 28 (UTC+8), according to CoinMarketCap market data, XRP is currently quoted at $1.4708, down 3.0% over the past 24 hours. (Source: CoinMarketCap)
XRP-3.20%
Two whales sold 2,521 BTC 7 hours ago, taking profits of $10.23 million and $3.24 million, respectively.
ME News, May 7 (UTC+8) — According to Lookonchain monitoring, two whales sold 2,521 BTC ($205.26 million) 7 hours ago, taking profits. bc1qlu bought 1,470 BTC ($109.44 million) at $74,448 three weeks ago and sold it 7 hours ago, earning a profit of $10.23 million. bc1qyh bought 1,051 BTC ($82.35 million) at $78,325 5 days ago and sold it 7 hours ago, earning a profit of $3.24 million. (Source: PANews)
BTC-2.20%
The WLFI community has passed a proposal to unlock tokens for early supporters, the founding team, and others.
The WLFI community passed the “Token Unlocking Plan for Early Supporters and the Founding Team” proposal with 99.9% approval. Early supporters hold approximately 17 billion WLFI, subject to a 2-year cliff followed by 2 years of linear vesting (4 years total); the founding team and others hold approximately 45.2 billion WLFI, subject to a 2-year cliff followed by 3 years of linear vesting (5 years total), with the option to voluntarily burn 10%. Tokens not included in the new plan will remain permanently locked but will retain governance rights.
WLFI-3.05%
B.AI Surpasses 1.7 Million Users, Multiple Benefits Reshape the Agent Infrastructure Landscape.
ME News reports that AI infrastructure platform B.AI has announced that its user base has surpassed 1.7 million. The platform focuses on privacy protection, intelligent routing, and core infrastructure for agents. To accelerate the scaled development of autonomous intelligence, B.AI has launched promotions including zero markup across all models, 500,000 free credits upon registration, and limited-time 1:1 top-up bonuses, reducing costs by 50%. Driven by technological innovation and exceptional cost-effectiveness, B.AI will work with its millions of users to build an efficient and secure execution layer for autonomous intelligence and advance the new agent ecosystem.
Professional Home Burglar Targeting Hardware Wallets, California Man Involved in $250 Million Theft Sentenced to 6.5 Years in Prison
A U.S. federal court sentenced California man Marlon Ferro, also known by the alias GothFerrari, to 78 months in prison, three years of supervised release, and $2.5 million in restitution. He was a core member of a nationwide social engineering fraud scheme that primarily obtained cryptocurrency by breaking into homes and stealing hardware wallets. From 2023 through early 2025, the group stole more than $250 million in crypto assets. In February 2024, Ferro stole approximately 100 Bitcoin hardware wallets in Texas, causing losses of about $5 million, and assisted in laundering the funds through exchanges.
BTC-2.20%
Analyst: Bitcoin CEX net outflows hit a nearly one-year high, but futures buying remains cautious
On September 27, the 7-day average net BTC outflow from exchanges reached 16,100 BTC, the highest level since early October 2025, indicating a clear contraction in spot supply. Net outflows continued to expand after September 22, while the net inflow on September 20 turned into a net outflow. Spot net outflows do not necessarily equal new buying, but they are often viewed as a signal of accumulation or transfers to long-term custody. In derivatives, the 30-day average for perpetual buyers has fallen from 7.6 to -1.4 and remains below the zero line, while short positions have not expanded significantly. If net outflows continue and positioning rises back above the zero line, the supply contraction will become more evident; if net flows turn into inflows while futures buying remains weak, short-term risks will increase.
BTC-2.20%
Jensen Huang to Meet with Lee Jae-yong and Chey Tae-won Today, with the Industry Focusing on HBM**
NVIDIA CEO Jensen Huang will meet with Samsung Electronics Executive Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won in New York, attend the Korean Association’s annual dinner, and receive the Van Fleet Award. The two sides will hold in-depth discussions on long-term cooperation in high-bandwidth memory (HBM), HBM4E/HBM5, foundry services, advanced packaging, and other areas, building on the results of their June talks in Korea.
NVDA+0.23%
SK-5.40%
Kioxia’s “1-for-3 split” has triggered unified on-chain settlement, with the largest long position exiting at a loss moments before breaking even
ME News, September 28 (UTC+8): According to monitoring by TradingBeats, Kioxia’s stock split triggered the unified settlement of the KIOXIA perpetual contract deployed by Trade.xyz on Hyperliquid. The old positions in on-chain accounts were closed at $338.38. Some positions had not yet returned to their entry costs, and the unrealized losses were converted into realized losses.
Among the 20 settlement accounts on the position leaderboard, 8 accounts settled at a loss, involving positions worth approximately $3.6785 million and confirmed losses of approximately $161,400. Among the top five accounts on the position leaderboard, 4 exited at a loss, involving total positions worth approximately $2.8017 million and confirmed losses of approximately $80,300.
The approximately $1.0473 million long position was the largest in the entire market and the only whale position exceeding $1 million. Its position
HYPE-4.27%
KIOXIA-5.49%