Odaily News: Uniswap founder Hayden Adams posted on X platform that it is "ridiculous" to see community users declaring Robinhood Chain "dead" based solely on a fee revenue chart. In reality, Robinhood simply raised the Gas limit and lowered user fees to expand on-chain capacity and meet enormous block space demand.
According to DefiLlama data, Robinhood Chain revenue has been continuously declining recently, standing at $403,001 in the past 24 hours. Dragonfly Managing Partner Haseeb stated that Robinhood Chain's on-chain DEX trading volume remains strong and is second only to Solana. Robinhood places greater emphasis on attracting RWA and on-chain financial activity through low fees and higher capacity, rather than optimizing short-term sequencer revenue.
Odaily News: According to Hyperbot data, "Brother Machi" has closed part of BTC and ETH long positions. The current positions are as follows:
25x ETH long position worth $59 million, with an unrealized loss of $1.8 million;
40x BTC long position worth $5 million, with an unrealized loss of $110,000.
Data shows that today his positions incurred a loss of $4.42 million.
According to Odaily, an address transferred 1,000 bitcoins to Coinbase, worth approximately $76.37 million.
Odaily News: US Treasury Secretary Bessent: AI company CEOs can halt progress at any time. The Trump administration is at the forefront of reviewing AI models.
Odaily News: Well-known trader Bonk Guy posted on X platform stating that his portfolio value once exceeded $28 million two weeks ago, then pulled back to around $14 million. However, he is not worried, saying he has experienced similar drawdowns before. His next phase goals are to first grow his assets to $30 million, then to $50 million, and ultimately challenge $100 million or more. He also stated that users can publicly track every one of his trades.
Odaily reports that Bitcoin News posted on X that Strive has once again purchased 469 BTC for $36.6 million, bringing its Bitcoin reserves to 25,000 BTC. This purchase was funded entirely by SATA, and Strive has also raised its amplification ratio to 53.5%.
Odaily reports: The European Central Bank (ECB) is recruiting e-commerce and mobile commerce merchants to participate in a digital euro pilot. The pilot will launch in the second half of 2027 and last for 12 months.
The pilot will use a test currency similar to the digital euro but without legal tender status to test online and offline payments, preparing for a possible digital euro issuance in 2029. The ECB seeks to address the growing use of U.S. dollar stablecoins in Europe by expanding merchant acceptance and reducing payment fees. (CoinDesk)
Odaily reported: Morgan Stanley Bitcoin Trust (MSBT), the spot Bitcoin exchange-traded fund under U.S. financial services firm Morgan Stanley, had net assets of $635 million and cumulative net inflows of $538 million as of September 14. The fund listed on the New York Stock Exchange on April 8, making it the first spot Bitcoin exchange-traded product launched by an asset management arm affiliated with a major U.S. bank.
Since listing, MSBT has recorded only one single-day net outflow, of $5.26 million, on May 29. Over the past 21 trading days, the fund recorded inflows on 12 trading days, with cumulative net inflows of approximately $71.95 million; on the most recent trading day, it added $9.75 million in Bitcoin exposure, marking its fifth consecutive trading day of net inflows. (Bitcoin.com News)
Odaily News: According to on-chain analyst Ai Yi's monitoring, an address opened long positions worth $52.35 million in the uptrend at around 02:45 today, including 650 BTC, 500 ETH, and 900 ZEC. After opening the positions, the market declined. This afternoon, the address has closed its ETH and ZEC long positions and reduced 50 BTC, exiting with a loss of $150,000; the remaining BTC long position has an entry price of $78,663.8.
Odaily: OpenAI is working with Anthropic and Google on AI safety efforts. (Jinshi)
Odaily: Bessent: (Regarding the 10-year U.S. Treasury yield) Rising oil prices are the main reason
Odaily reports that Simon Dedic, founder and managing partner of Moonrock Capital, stated that the U.S. Senate will vote on the Clarity Act in approximately 10 hours. As Democrats have already verbally rejected the Republican draft on grounds of "ethical concerns," the probability of the related Polymarket event has dropped significantly, and he believes the market has fully priced in the negative outcome of the bill failing to pass.
Dedic stated that even if the Clarity Act fails to pass, the SEC could still introduce similarly pro-crypto regulatory policies; if neither path materializes, the U.S. could face the risk of crypto and frontier financial companies relocating overseas. He believes the U.S. will not allow this to happen, and therefore the Clarity Act will ultimately pass, adding that the crypto industry "will win regardless."
Odaily reports, according to Lookonchain monitoring, Abraxas Capital (0xb83...6e36, 0x5b5...C060) bought another 13,700 ETH in spot today, worth $34.24 million. Its short position on Hyperliquid is close to $1 billion, including a short position of 178,532 ETH, worth $437 million.
According to an official announcement, Odaily reports that Bitget has listed the CVX (Chevron) stock perpetual contract. The contract is settled in USDT and supports up to 20x leverage and 24/7 trading. As of now, Bitget supports a total of 310 stock contract underlying assets.
