PONS market cap clears $700 million
- Trencher
- Quant
- Shiller
PONS moved above a $700 million market cap after trading near $25 million two weeks earlier. Two large holders now sit on more than $7 million each in unrealized gains.
PONS moved above a $700 million market cap after trading near $25 million two weeks earlier. Two large holders now sit on more than $7 million each in unrealized gains.
Investors pulled a net $389.7 million from U.S. spot Bitcoin ETFs from August 10 to 14, the largest weekly outflow in six weeks. Fidelity’s FBTC accounted for $153 million.
TradeXYZ allocated about $3.4 million, or 12% of perpetual-fee revenue, to buy roughly 59,000 HYPE through time-weighted orders.
OpenAI began rolling out GPT-6 Astra, which adds stronger computer-use, coding and visual capabilities. OPENAI perpetuals jumped after the announcement.
Useless Coin surged fourfold in two weeks and crossed a $150 million market cap, reaching a yearly high.
LIT moved above $4.49, extending its record after clearing $4. The breakout came with about $60 million in short liquidations.
Bitcoin’s 90-day correlation with gold rose above 50%, its highest since 2020, according to Bitwise. Its Nasdaq correlation fell to 33% from above 60%.
Solana processed a record 4.2 billion transactions in July, up 13.5% from June and about 91% from December 2025.
The CFTC asked a federal court to dismiss CME’s challenge to its treatment of crypto perpetuals as futures. The agency says CME lacks standing because it can list the same products itself.
ZEC cleared $900 and moved toward $1,000, extending a near-fourfold rebound from the low after the Orchard shielded-pool vulnerability three months earlier.
Mooncat rose from about $1 million to $3.5 million in market cap. The Robinhood Chain token distributes ETH to holders.
Bitcoin is trying to reclaim its 50-week moving average near $82,000 after briefly falling back below it. In 11 of 13 prior cases, Bitcoin had already set its bottom by this point.
The Senate is expected to hold a cloture vote on September 15, opening debate rather than passing the bill. The House's shortened September schedule could leave little time for final passage before the midterms.
Fomo captured 46% of daily spot volume across Solana trading platforms, passing Axiom as its share fell below 30%. Axiom had controlled more than half the market before Fomo’s rise.
BONER buyers initially pulled 81% of tokenized HIMS supply into their liquidity pool. Arbitrageurs minted more HIMS after it traded at a premium, cutting the pool’s share to 51% of 59,333 onchain shares and unwinding the squeeze.
The yen gained 2.5% this week as markets priced a more hawkish BOJ, with no intervention evident. Higher Japanese yields could unwind yen-funded carry trades and send volatility into Bitcoin.
Uniswap Labs bought PONS tokens to deepen its partnership with the team and align for the long term. The purchase is unusual for Uniswap Labs, which rarely buys partner tokens on the open market.
Strategy bought 4,603 Bitcoin for $369.7 million after a two-month pause, funding the purchase through common stock sales. Its holdings rose to 845,050 BTC.
Argonauts sold 7,208 public-mint NFTs at 0.12 ETH each in five minutes, with another 2,791 reserved for free claims. Secondary volume passed 1,100 ETH and the floor reached about 0.31 ETH.
Kraken parent Payward delayed its IPO until the second quarter of 2027 at the earliest after crypto prices, trading volume and valuations weakened.
Circle minted another $250 million of USDC on Solana, taking its September total to $1.25 billion in three days.
The Bitcoin Fear and Greed Index rose to 74, keeping sentiment in greed as Bitcoin traded near $80,979.
SPCX jumped 8.1% to $152, reclaiming $150 for the first time in more than two weeks. Traders now cite its $135 IPO price as the floor.
The U.S. Treasury accepted $12.5 billion of $28.27 billion in offers for debt maturing from 2026 to 2028. Traders cast the operation as bullish for markets, but any boost to Bitcoin remains uncertain.
Ethereum held its 11-day EMA, broke $2,470 resistance and traded near $2,508. ETH is back near its local range high.