A $5M Nasdaq-listed company got tokenized β and now a meme linked to it is valued at $46M, as chaos unfolds on Robinhood.
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π Robinhood Chain Hits $1.55B
On September 1, Robinhood Chain's DEX volume hit $1.55 billion, with TVL surpassing $750 million.
Memecoins have taken the wheel unexpectedly. Tens of thousands are deployed daily, and memecoin-stock pairs drove $217 million in trading volume. According to Arkham, the chain now outpaces Solana, Base, and Ethereum in fee revenue. Built for tokenized stocks β yet powered by memecoins. The irony? Priceless π
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On September 1, Robinhood Chain's DEX volume hit $1.55 billion, with TVL surpassing $750 million.
Memecoins have taken the wheel unexpectedly. Tens of thousands are deployed daily, and memecoin-stock pairs drove $217 million in trading volume. According to Arkham, the chain now outpaces Solana, Base, and Ethereum in fee revenue. Built for tokenized stocks β yet powered by memecoins. The irony? Priceless π
β Follow @cryp
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πΊπΈ US Market Considers Round-the-Clock Trading
On September 17, the SEC will host a roundtable to explore shifting the US stock market to 24/7 trading. The discussion will focus on liquidity, after-hours oversight, clearing processes, and the technical infrastructure needed to support continuous trading.
The regulator also unveiled proposed updates to securities transfer and record-keeping regulationsβwith potential room for blockchain technology in issuing and transferring shares.
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AFRO CRYPTO
On September 17, the SEC will host a roundtable to explore shifting the US stock market to 24/7 trading. The discussion will focus on liquidity, after-hours oversight, clearing processes, and the technical infrastructure needed to support continuous trading.
The regulator also unveiled proposed updates to securities transfer and record-keeping regulationsβwith potential room for blockchain technology in issuing and transferring shares.
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AFRO CRYPTO
π6π6β€5π4π¨1
π€ OpenAI Unveils GPT-6 Astra
OpenAI has launched GPT-6 Astra, its latest flagship model designed for advanced computer interaction. Capable of autonomously navigating interfaces, browsers, and terminals, it handles complex, multistep workflows and generates code on its own.
According to OpenAI, Astra excels in math, programming, scientific reasoning, and professional tasksβsurpassing Fable 5.1 across multiple benchmarks. The company also emphasized notable improvements in interpreting user intent.
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OpenAI has launched GPT-6 Astra, its latest flagship model designed for advanced computer interaction. Capable of autonomously navigating interfaces, browsers, and terminals, it handles complex, multistep workflows and generates code on its own.
According to OpenAI, Astra excels in math, programming, scientific reasoning, and professional tasksβsurpassing Fable 5.1 across multiple benchmarks. The company also emphasized notable improvements in interpreting user intent.
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AFRO CRYPTO
π5β€3π3π3π±3π1
π― Loracle Bets Against AI
Loracle opened $75M in short positions from a $61M account, targeting Robinhood, Cashcat ($6M, 22M tokens), PONS ($5M, 9.13M), SNDK ($24M), NVDA ($19M), and Micron ($10M). Key liquidation levels: $0.68 for Cashcat, $1.59 for PONS.
This follows Derivative Monkeβs scenario. A new Claude model (Fableβs successor) may underwhelm in late September, shaking AI confidence. By late October, open-source models could close the gap but hit performance limits.
Anthropic may IPO then at a rumored $2T valuation, potentially triggering a sector correction as private sellers exit and retail sees AI as overhyped. A Fed rate hike could worsen the downturn.
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Loracle opened $75M in short positions from a $61M account, targeting Robinhood, Cashcat ($6M, 22M tokens), PONS ($5M, 9.13M), SNDK ($24M), NVDA ($19M), and Micron ($10M). Key liquidation levels: $0.68 for Cashcat, $1.59 for PONS.
This follows Derivative Monkeβs scenario. A new Claude model (Fableβs successor) may underwhelm in late September, shaking AI confidence. By late October, open-source models could close the gap but hit performance limits.
Anthropic may IPO then at a rumored $2T valuation, potentially triggering a sector correction as private sellers exit and retail sees AI as overhyped. A Fed rate hike could worsen the downturn.
β Follow @cryp
AFRO CRYPTO
π7β€5π₯4π―4π4π2π1π€©1π1
Polymarket debuts futures trading, offering up to 20x leverage on crypto, stocks, and commodities.
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π Bitcoin-Gold Correlation Hits Six-Year High
The 90-day correlation between Bitcoin and gold has surged to its highest level since 2020, while Bitcoinβs link to equities has weakened significantly. According to Bitwise CIO Matt Hougan, this shift reflects changing investor behavior driven by macroeconomic developments in August.
Following the U.S. Treasury's bond-buying moves, Bitcoin jumped 22.4%, gold rose 5%, and stocks declined. As concerns over currency devaluation grow, both assets are increasingly seen as hedgesβwith Bitcoin emerging as a βmore amplified version of gold.β
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The 90-day correlation between Bitcoin and gold has surged to its highest level since 2020, while Bitcoinβs link to equities has weakened significantly. According to Bitwise CIO Matt Hougan, this shift reflects changing investor behavior driven by macroeconomic developments in August.
Following the U.S. Treasury's bond-buying moves, Bitcoin jumped 22.4%, gold rose 5%, and stocks declined. As concerns over currency devaluation grow, both assets are increasingly seen as hedgesβwith Bitcoin emerging as a βmore amplified version of gold.β
β Follow @cryp
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At some point, you have to stop overthinking and start acting.
You want the money? Go out and earn it.
You want the girl? Go talk to her.
You want the life you dream of? Start building itβnow.
No oneβs going to hand it to you on a silver platter.
Step aside from your own doubts and take your shot.
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AFRO CRYPTO
You want the money? Go out and earn it.
You want the girl? Go talk to her.
You want the life you dream of? Start building itβnow.
No oneβs going to hand it to you on a silver platter.
Step aside from your own doubts and take your shot.
β Follow @cryp
AFRO CRYPTO
β€8π’7π₯3π3π±2π2π1
Where do I even startβhow do I tell my family I left a law career for this?
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Inside the worldβs largest Bitcoin mine.
Riot Platformβs Texas facility solves the SHA-256 algorithm 10,500,000,000,000,000,000 times per secondβracing to secure the next block in the blockchain.
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AFRO CRYPTO
Riot Platformβs Texas facility solves the SHA-256 algorithm 10,500,000,000,000,000,000 times per secondβracing to secure the next block in the blockchain.
β Follow @cryp
AFRO CRYPTO
π€©10π4π₯°3π3π±2π¨2π₯1π1π1
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CZβs at it again with the mind games β Binance Futures just dropped a new batch, and guess whatβs on the list? $PONS, a coin that surged 1,000x in just 1.5 months to a $1B valuation, and $εεΊη±³, a $20M Chinese-themed meme coin.
Strange moves. Stranger timing.
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Strange moves. Stranger timing.
β Follow @cryp
AFRO CRYPTO
β€7π7π€©6π―5π3π3π2π€2π1
π° Hunter Bidenβs LAPTOP Token
Mark your calendar: Hunter Biden is launching the LAPTOP memecoin on September 9 via Base. A 20% chunk of the supply will go toward airdrops β including allocations for wallets that took losses on TRUMP.
The team behind the project will get 30%, while up to 30% could be burned if specific conditions are met, like Bitcoin hitting a new all-time high or a Democratic candidate winning the 2028 U.S. presidential election.
The name is a direct nod to the infamous Hunter Biden laptop controversy, a pivotal moment in the lead-up to the 2020 election.
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Mark your calendar: Hunter Biden is launching the LAPTOP memecoin on September 9 via Base. A 20% chunk of the supply will go toward airdrops β including allocations for wallets that took losses on TRUMP.
The team behind the project will get 30%, while up to 30% could be burned if specific conditions are met, like Bitcoin hitting a new all-time high or a Democratic candidate winning the 2028 U.S. presidential election.
The name is a direct nod to the infamous Hunter Biden laptop controversy, a pivotal moment in the lead-up to the 2020 election.
β Follow @cryp
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π₯ CLARITY Act May Be Delayed
Cynthia Lummis has cautioned that failing to pass the CLARITY Act during this congressional session could push the next viable opportunity to 2030βeffectively shelving it for years.
A crucial Senate vote is set for September 15. The bill requires at least 60 votes to move forward, but current odds on Polymarket give it only a 17% chance of passing by the end of 2026.
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Cynthia Lummis has cautioned that failing to pass the CLARITY Act during this congressional session could push the next viable opportunity to 2030βeffectively shelving it for years.
A crucial Senate vote is set for September 15. The bill requires at least 60 votes to move forward, but current odds on Polymarket give it only a 17% chance of passing by the end of 2026.
β Follow @cryp
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πΉ Ethereum Gas Without ETH
On August 27, Ethereum developers advanced EIP-8141 (Frame Transactions) to βplanned for inclusionβ status for the HegotΓ‘ upgrade, expected in 2027.
This means appsβor other accountsβcould cover gas fees on your behalf. Services might accept stablecoins from users while settling network costs in ETH behind the scenes. It also opens the door for bundling multiple actions, where failed swaps automatically revoke token approvals.
Users could define custom authorization rules and rotate control keys without migrating funds to a new address.
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AFRO CRYPTO
On August 27, Ethereum developers advanced EIP-8141 (Frame Transactions) to βplanned for inclusionβ status for the HegotΓ‘ upgrade, expected in 2027.
This means appsβor other accountsβcould cover gas fees on your behalf. Services might accept stablecoins from users while settling network costs in ETH behind the scenes. It also opens the door for bundling multiple actions, where failed swaps automatically revoke token approvals.
Users could define custom authorization rules and rotate control keys without migrating funds to a new address.
β Follow @cryp
AFRO CRYPTO
π8π±6π€©5π₯4π3π2π’2π¨2π₯°1π1π1
πΈ How One Trader Turned $1.3K Into $2.17M on ZCAT
A mysterious trader skyrocketed from $1,300 to approximately $2.17 million by purchasing 24.52 million $ZCAT. Their remaining position is now worth around $2.12 million β a staggering 1,626x return.
This isnβt their first win. The same trader previously turned $19,700 into $1.61 million on $STONK. Total haul? Roughly $3.78 million in profits.
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A mysterious trader skyrocketed from $1,300 to approximately $2.17 million by purchasing 24.52 million $ZCAT. Their remaining position is now worth around $2.12 million β a staggering 1,626x return.
This isnβt their first win. The same trader previously turned $19,700 into $1.61 million on $STONK. Total haul? Roughly $3.78 million in profits.
β Follow @cryp
AFRO CRYPTO
π8π―7π₯5β€2π2π±2π’2π2π€©1π€1