Odaily News: According to official sources, Gate Event Market has launched the Combo feature and a U.S. Midterm Elections page. Users can experience the related features by updating the Gate App to version v8.37. Combo supports combining multiple options such as match winner, point spread, over/under, and exact score into a single order, and the combo only wins when all selections hit. Each Combo is priced independently, with quotes dynamically updating as options are added or removed; the system can also identify mutually exclusive options. Users can view positions, trading history, estimated value, and potential returns on the Assets page, and can sell positions or claim returns after settlement.

The U.S. Midterm Elections page presents Senate, House, and gubernatorial election markets in a centralized manner, covering events such as congressional control, key states, hotly contested districts, and ballot initiatives, and displays the competitive landscape through an election map, party seat proportions, and race ratings; users can also filter by election type, party, state, and race rating, and view related election news and FAQs. During the same period, Gate also launched the "Crypto New Rules Vanguard" campaign, which includes a futures trading leaderboard reward with a cash prize pool of up to 20,000 USDT. This upgrade enriches the features and content scenarios of Gate Event Market, providing users with a more convenient and diverse trading experience for participating in global hot topics and sporting events.

Odaily reports that Arthur Hayes posted on X that FLOP Labs testnet FLOP tokens will be exchangeable for mainnet FLOP tokens at a ratio to be determined, and will support trading with real funds through its HTLC protocol. Incentives for participating in the FLOP Labs testnet as a miner, validator, or delegate will increase.

Odaily News - Crypto analyst Ali stated on X platform that despite recent intensifying volatility, Ethereum's price is still moving within a consolidation range. On the 4-hour candlestick observation timeframe, ETH has approached lower support levels and begun retesting resistance near $2,570, with the market watching whether prices can rebound further.

Ali added that ETH's near-term rebound targets $2,570. If ETH can break through this level with volume and hold above it, it could signal further strengthening of the trend, potentially pushing toward $2,700 or even $3,000.

Odaily reports that BlackRock's spot Ethereum ETF ETHA has accumulated approximately $1.27 billion worth of ETH over the past 20 days, while ETHB purchased approximately $297 million worth of ETH over the same period, bringing the combined total to approximately $1.57 billion in ETH.

According to Odaily, the USDC supply on the Hyperliquid network has surpassed that on the Solana network, making it one of the blockchain networks with the largest USDC circulation.

According to Gate data, both US and Brent crude oil prices declined, with WTI crude falling below $96 per barrel, down 1.54% on the day, while Brent crude stood at $100.4 per barrel, down 1.6%.

Monitoring shows that in the predict.fun "LPL Bubble Race IG vs TES" prediction event, the probability of IG defeating TES is currently at 55%.

At 5 PM today, the first round of the winner's bracket in the LPL World Championship Qualifiers will see IG face TES in a BO5 series. The winner will directly secure the LPL's third seed for the 2026 World Championship; the loser will drop to the loser's bracket of the qualifiers, waiting for the winner between WE and JDG to continue competing for the fourth seed.

Odaily reports that according to Gate data, the EURO STOXX 50 (EUSTX50) has risen above 6,300 points, now at 6,301.73 points, with a 24-hour gain of 0.7%.

According to Lookonchain monitoring, SYN rose over 100% today. An address went 4x leveraged long on 3.25 million SYN worth $588,000 on Aster DEX, and currently has an unrealized profit of $304,000, with a 207% return.

Odaily reports that Nasdaq-listed Bitcoin mining company Bitdeer has released its August operational data, with 1,310 BTC mined during the month, up approximately 249% year-over-year; its self-mining hashrate reached 79.9 EH/s, its co-mining hashrate was 21.6 EH/s, and its total proprietary hashrate reached 84.1 EH/s.

Odaily News: Former X Product Lead Nikita Bier commented on Solana ecosystem project UsePaid, saying that the project creatively uses X Money to convert attention into income for X users, but suggested adding an exit or unlink feature. Otherwise, traders could force token associations by harassing users, leading to a flood of spam in the reply section.

UsePaid is an automatic fee-splitting tool for token creators. It channels creator fees generated by meme coins into the platform, with 80% converted to USD and paid via X Money to designated X users, while 20% is used to buy back and burn PAID. As of press time, PAID has a market cap of approximately $21 million.

Odaily News: Tether has provided a loan of approximately $1.5 billion to Gold.com, a leading U.S. gold dealer. As of June, this loan accounted for the majority of Gold.com's approximately $1.7 billion in outstanding precious metals leases.

Odaily reports: Analyst Darkfost posted on X platform that Bitcoin has become trapped in a cost-basis standoff zone between $71,300 and $79,800. A similar situation occurred at the end of the 2023 bear market, when BTC was also rejected twice before breaking through the relevant cost-basis zone, suggesting the market may react in the near term. Darkfost noted that Bitcoin is still trading above the $71,300 "active supply cost basis," which represents the average cost of BTC in actual market circulation and could serve as important support. On the other hand, Bitcoin faces resistance at the $79,800 "invested capital cost basis," a level where BTC has been rejected multiple times before, likely because some loss-making positions chose to exit as they approached breakeven.

According to Lookonchain monitoring, a whale bought 5,368 ETH at an average price of $2,422 over the past 8 hours, spending $13 million USDC.

Odaily News: CZ responded on the X platform to community rumors that his net worth has surpassed Zhang Yiming's, stating, "Zhang Yiming's net worth is severely underestimated. Wealth rankings don't matter. Money matters when you don't have enough to spend, but having just enough is fine; health, family, friendship, and doing meaningful things are more important."

It is reported that ByteDance founder Zhang Yiming's current net worth exceeds $105 billion, making him the new richest person in Asia.

Odaily reports that according to on-chain analyst Ai Yi's monitoring, an address has closed its ETH and SOL long positions held for 30 days, realizing a profit of $1.89 million. The ETH long position consisted of 1,859 ETH, opened at $1,903.6 and closed at $2,425; the SOL long position consisted of 46,200 SOL, opened at $82.64 and closed at $99.32. This address has now reopened long positions on BTC, SOL, and ETH, with a total position value of $10.84 million.