Bitwise HYPE ETF adds $10.5m after four-day pause

Bitwises Hyperliquid exchange-traded fund resumed accumulating HYPE on Sept. 4 after four days without a tracked purchase.  SummaryArkham tracked Bitwise-linked wallets purchasing approximately $10.5 million in HYPE after four inactive trading days.BHYP‘s tracked HYPE purchases reached $166.3 million since launch, according to Arkham’s on-chain address attribution.Friday‘s allocation was the fund’s largest tracked purchase since buying $23.2 million on August 27.Bitwise launched BHYP on NYSE Arca in May, providing direct exposure to the HYPE token.The trust uses Anchorage Digital Bank for custody and targets staking 70% of its assets.  Wallets linked to the fund acquired approximately $10.5 million of the token, according to blockchain intelligence platform Arkham.  The allocation was BHYPs largest tracked purchase since a $23.2 million transaction on Aug. 27, Arkham reported on Sept. 6. The platform estimates that Bitwise-linked addresses have accumulated about $166.3 million in HYPE since the product launched.  Arkham described BHYP as the “largest HYPE ETF.” That ranking relies on addresses identified by its analysts and the market value of tokens attributed to each product. Bitwise has not issued a matching announcement confirming the $166.3 million figure.  BITWISE IS BUYING HYPE AGAIN  Bitwise‘s BHYP clients didn’t buy any HYPE for 4 days straight. On Friday they bought $10.5M, the biggest day

09-06انڈسٹری

Two Hot New Cryptos From Robinhood and BNB Officially Listed on Binance Futures: Full Details

Worlds biggest crypto exchange Binance officially expanded its derivatives lineup today, launching perpetual contracts for two fundamentally different assets: the utility token PONS (Robinhood Chain) and the meme coin HAJIMI (BNB Smart Chain).  When setting the trading conditions, the exchange applied a differentiated approach to risk management: leverage of up to 20x is available for PONS, while leverage for the highly speculative HAJIMI is strictly capped at 3x.  Binance listing market reaction for HAJIMI and PONS tokens, Source: TradingView  The listings triggered an immediate influx of liquidity onto the exchange, reflected in a vertical surge in trading volumes on TradingView charts, and opened a window for a major on-chain attack.  The difference in available leverage stems from the projects different natures and business models. PONS is the native utility token of Pons, the dominant launchpad on Robinhood Chain, an Arbitrum-based L2 network.  Its deflationary model is built on automatic PONS buybacks and burns funded by fees. Following the news, the asset hit new highs around $0.93, with a daily trading volume of $20.39 million, while its market capitalization is already approaching $1 billion.  In contrast, HAJIMI is a pure meme coin on BNB Chain, launched through the four.meme platform. The asset is fueled exclusively by hype

09-06انڈسٹری

Bukele Denies El Salvador Transferred Its Bitcoin Reserve

President Nayib Bukele denied claims that El Salvador was ceding control of its strategic bitcoin reserve to a private operator, calling these allegations “totally false.” Bukele stressed that only Chivo Wallet shares were transferred to a private operator, not the BTC the nation owns.  Key TakeawaysBukele slammed false reports of a transferred bitcoin reserve, clarifying only Chivo shares were privatized.The IMF praised El Salvadors economic growth and fiscal surplus, which Bukele credited to better security.Bukele ignored IMF claims that bitcoin reserves came from donations, as the country continues buying crypto.  Bukele Denies El Salvador Transferred Its Bitcoin Reserve to a Private Operator  President Nayib Bukele clarified the status of El Salvadors sovereign bitcoin reserve after reports assured it had been transferred to a private operator.  El País, one of the largest journals in Spain with over 17.6 million unique users, claimed on social media that El Salvador had transferred “the majority ownership and control of more than 7,763 cryptocurrencies, valued at over 632 million dollars, into the hands of a private operator,” citing a press release from the International Monetary Fund (IMF) as the primary source for these allegations.  Bukele swiftly rebuked this, stressing that it was “totally false.” He stated that these journalists and

09-06انڈسٹری

Vitalik Buterin reveals Ethereums transaction redesign

Ethereum co-founder Vitalik Buterin outlined a longer-term transaction model on Sept. 6 that could allow the network to process some validation work in parallel.  SummaryButerin proposed separating transaction actions from dependencies so Ethereum can optimize each component independently later.Dependencies include signatures, state proofs and validity conditions that transactions must satisfy before execution begins.Pure dependencies could be checked once by mempools and later compressed into recursive STARK proofs.EIP-8141 proposes frame transactions with programmable validation, execution and gas payment inside one transaction format.Ethereum developers have not approved EIP-8141 for a mainnet upgrade or published deployment dates yet.  His proposal separates the effects produced by transactions from the conditions that must be satisfied before those effects can occur.  Buterin described the two components as “actions” and “dependencies” in a detailed post. Actions change Ethereums state, such as transferring ETH or calling a contract. Dependencies cover the information required to establish that a transaction is valid.  A digital signature is one example of a dependency. Other examples include Merkle proofs showing that an unspent output exists, zero-knowledge proofs and state conditions that must remain true when a transaction enters a block.  Buterin argued that making this distinction explicit could help Ethereum scale without abandoning its flexible execution environment. However,

09-06انڈسٹری

Strategy and Robinhood now lead a $4.5 billion large-cap ETF that was not built for crypto

A $4.5 billion US large-cap stock fund now has two crypto-sensitive companies at the top of its portfolio.  Related Company Strategy Business intelligence software  The Fundstrat Granny Shots US Large Cap ETFs Sept. 4 holdings snapshot ranked Bitcoin-treasury company Strategy (MSTR) first at 3.02% and retail financial platform Robinhood Markets (HOOD) second at 2.99%. Together they represented 6.01% of the portfolio. The fund, known by its ticker GRNY, reported $4.533 billion in assets and 42 holdings as of Sept. 3.  GRNY owns equities, not Bitcoin, and describes itself as an actively managed US large-cap fund. Yet its two largest holdings connect shareholders to crypto through public companies: Strategy through its Bitcoin treasury and Robinhood through a trading business that includes crypto.  Related Asset Bitcoin BTC · $79,622.12 24-hour change: down 0.15%  The snapshot demonstrates one route by which crypto-linked volatility can reach investors in a generalist stock portfolio. One fund cannot establish that mainstream managers broadly are replacing direct crypto allocations with proxy stocks.  Related Company Robinhood American financial services company  The ranking followed an equal-weight reset and an MSTR rally  GRNYs Aug. 21 rebalance notice said all holdings would be reset to equal weight. Strategy and Robinhood were already in the portfolio and remained there; neither was

09-06انڈسٹری

Arbitrum (ARB) Suddenly Up 120%

With ARB rising from about $0.08 in late August to almost $0.20 in September, Arbitrum has begun one of its biggest rallies of 2025. The move from the recent base is now well over 120%, and the most recent daily candle alone added nearly 10%.  Inderect revenue source  Robinhood Chain, which functions as a specialized Arbitrum chain, seems to be the primary catalyst. Recently, Robinhood Chain surpassed $2 million in revenue from 24-hour transactions, and 10% of net protocol revenue is returned to the Arbitrum ecosystem. If the activity continued at that rate, Arbitrums share would annualize to about $73 million.  ARB/USDT Chart by TradingView  As a result, ARBs core narrative is now far clearer than it was in the preceding months. In late August, Robinhood Chains gross revenue reportedly surged from approximately $54,700 on August 22 to over $1.08 million on August 30, and Arbitrums matching stake increased to $108,000 from about $5,400. Metrics for the broader ecosystem have also improved.  According to the Arbitrum Foundation, its networks handled 478 million transactions in the first half of 2025, and the average monthly volume of stablecoin transfers surpassed $70 billion. During that time, ArbitrumDAO earned $6.19 million, and in July, Robinhood Chains first month on

09-06انڈسٹری

Tether-backed Orionx to shut down after audit flags $7M custody gap

Orionx, a Chilean crypto exchange backed by USDt stablecoin issuer Tether, is shutting down after uncovering a multimillion-dollar issue linked to asset custody.  The exchange said it began a permanent closure process after a forensic audit found more than $7 million in custodial assets had moved to wallets it did not manage, according to a company announcement shared on X on Thursday.  “Our sole priority now is to return as much of our clients assets as possible,” Orionx said, adding that withdrawals are temporarily suspended.  The closure comes just 15 months after Tether led Orionxs Series A as part of its push to expand digital asset adoption in Latin America.  Orionx leaves timing of $7 million transfers unclear  Orionxs post did not specify when the more than $7 million in transfers occurred or how the discrepancy was initially uncovered.  As part of its efforts to comply with Chile‘s Fintech Law, Orionx conducted a review of its operations in 2025 and brought in financial professionals, according to the major Chilean newspaper La Tercera, citing the company’s criminal complaint.  On Aug. 27, chief operating officer Thomas Mac Millan detected a “significant mismatch” between balances recorded in Orionxs systems and assets actually held in custody, according to the complaint.  Related: BitMEX

09-06انڈسٹری

Hyperliquid burns $830K in HYPE near record high

Hyperliquid repurchased and burned approximately 9,730 HYPE tokens during the 24 hours ending Sept. 6, according to blockchain data published by Onchain Lens.  The transactions were worth about $829,500 at an average purchase price of $85.27 per token. The latest activity increased the amount of HYPE classified as burned to approximately 48.42 million tokens.  That total represents about 4.84% of HYPEs original maximum supply of 1 billion tokens. At a price of roughly $85.50, the cumulative balance would be valued near $4.14 billion.  The $4.14 billion figure is a mark-to-market calculation. It does not represent the amount Hyperliquid spent acquiring the tokens. The Assistance Fund purchased HYPE at different prices over time, and Onchain Lens did not publish a cumulative acquisition cost in its latest update.  HYPERLIQUID BURNS $830K HYPE IN 24 HOURS  Hyperliquid bought and burned 9.73K $HYPE (~$829.5K) over the past 24 hours at an $85.27 average price.  Lifetime:  · 48.42M $HYPE burned  · ~$4.14B at current value  · 4.84% of max supply permanently removed  — Onchain Lens (@OnchainLens) September 6, 2026  Hyperliquid burns HYPE through its Assistance Fund  Hyperliquid uses an automated mechanism called the Assistance Fund to direct most eligible protocol fee revenue toward open-market HYPE purchases. The tokens are then removed from circulating and total supply under

09-06انڈسٹری

Binance launches PONS and Hajimi perpetual futures

Binance Futures launched two USDT-settled perpetual contracts on Sept. 6, adding markets for Pons (PONS) and the Chinese meme coin 哈基米, commonly rendered as Hajimi.  The PONSUSDT contract opened at 06:45 UTC. HajimiUSDT followed at 07:15 UTC, according to Binance announcement. Both products allow eligible traders to take leveraged positions without owning the underlying tokens.  The launches followed sharp price increases for both assets. At the time of the initial report, PONS traded near $0.891 after gaining about 23.9% over 24 hours. Hajimi was quoted near $0.0584 following an approximately 248.5% increase.  Later information on Binance Alpha showed Hajimi near $0.070 and up more than 330% over 24 hours. The difference reflects the tokens rapid movement and the timing of each price snapshot. These figures describe past trading conditions and do not establish a continuing trend.  Binance futures contracts use USDT settlement  PONSUSDT and HajimiUSDT are USDⓈ-margined perpetual contracts settled in USDT. Perpetual contracts have no scheduled expiration date. They use recurring funding payments to help keep their prices aligned with the relevant underlying markets.  Binance set the minimum order at one token for each contract. Each order must have a notional value of at least 5 USDT. The PONSUSDT tick size is 0.0001, while HajimiUSDT

09-06انڈسٹری

From power laws to AI networks, why complex Bitcoin price models memorize market noise

Bitcoin price forecasting has accumulated an unusually colorful collection of methods.  Related Asset Bitcoin #1 BTC · $79,622.12 24-hour change: down 0.15% 24H Down 0.15% 7D Up 1.06% 30D Up 22.59%  You have basic scarcity models that convert the halving schedule into a price, and run-of-the-mill on-chain models that turn address or transaction activity into value.  The highly contested power-law charts draw an ascending corridor through Bitcoins history, and machine-learning systems feed market and macroeconomic data into incredibly complex software.  Each of those approaches enters the price-prediction contest against a very shallow, dumbed-down opponent: naive forecasts that use only current market information. A price forecast can use todays price, a return forecast can use zero, and a direction forecast can use a random walk.  Much of the academic literature has struggled to beat it once a model leaves the period in which it was designed.  A May 2026 preprint reviewing Bitcoin prediction research by Carlos Baquero of the University of Porto reached a pretty sobering conclusion: across the peer-reviewed record, no model had demonstrated durable superiority over the appropriate naive benchmark at horizons of one to six months across several market regimes.  The literature contains hundreds of papers, while Baquero selected 23 for close examination based on

09-06انڈسٹری
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