Odaily reports that Danish economist Henrik Zeberg recently issued a warning that the US economy and stock market will experience roller-coaster-like fluctuations in the future. In his view, the stock market will usher in a massive "blow-off top" before the end of the year, with share prices plummeting from highs and the economy falling into recession. In a recent interview, he stated that if things unfold as his model predicts, the Nasdaq 100 index could surge to 39,000 points by the end of 2026—a gain of approximately 33%—before plunging to around 10,600 points, the low seen in 2022.
Odaily News: HSBC expects the Federal Reserve to raise interest rates by 25 basis points each in September and December 2026, compared with its previous forecast of unchanged policy. (Jinshi)
1. Robinhood Chain's revenue dropped to $436,300 over the past 24 hours;
2. An address associated with early Ethereum contributor billΞ.eth withdrew 500,000 LIT, worth $2.07 million;
3. Sam Altman: Controlling the pace of AI development does not mean stopping, but capabilities must not advance faster than safety alignment and monitoring;
4. Long: Stock tokens are backed 1:1 by real stocks on Robinhood, and the current discount stems from a USDC premium;
5. Losing $304,000 in five days, an address liquidated its 4stock holdings;
6. Spending $1.04 million, a whale bought 20.31 million MEME tokens over 10 days and became the largest holder;
7. U.S. Senate Republicans unveiled the final version of the CLARITY Act, and Trump agreed to approximately 80% of the ethics provisions.
Odaily reports that in response to community skepticism, Arc ecosystem Launchpad Long posted on X platform stating that the stock tokens issued by Long are backed 1:1 by real stocks held on Robinhood. The relevant asset backing can be verified through on-chain bridge vaults, and 1:1 redemption is available between Robinhood Chain and Arc.
It stated that Arc native USDC currently has approximately a 2x premium due to the cross-chain bridge not yet being open, causing stock tokens denominated in it to show prices lower than the underlying stock market prices. With the Arc public mainnet and native USDC cross-chain bridge opening on September 16, the premium is expected to gradually return to normal. At that time, Long also plans to provide deep liquidity for the CRCL/USDC trading pair, and launch a stock rewards model, Launchpad native USDC support, and more stock issuers.
Previously—hilariously—Arc mainnet will launch on September 16. BonkGuy posted today stating that it has recently begun short-term positioning in Arc, having already purchased LONG, the native token of Arc's main Launchpad, as well as the top three Meme coins by market cap on the platform. Subsequently, crypto KOL 0xShawn stated that the long.supply platform is a platform that has rug permissions at any time.
Odaily News: OpenAI CEO Sam Altman posted on X, welcoming the establishment of a federal-level frontier AI safety regulatory framework in the United States to set consistent safety requirements for the industry, but noted that AI companies don't need to wait for antitrust exemptions or related legislation to take proactive safety measures.
Altman stated that OpenAI currently develops clear safety justifications in advance before starting frontier reinforcement learning training that is expected to significantly enhance model capabilities, and hopes the industry will form common standards on model失控 risk, monitoring, and safety. He emphasized that so-called "pacing" of AI development does not mean stopping progress, but rather accepting the speed and cost trade-offs brought by safety measures: "No matter how much competitive pressure the United States faces, AI capabilities should not be allowed to develop faster than alignment and monitoring capabilities."
Previously, Anthropic, OpenAI, and Google had been engaged in working group consultations since July on establishing their own AI safety standards organizations. Additionally, U.S. Democratic lawmakers will hold a caucus meeting on Tuesday morning to specifically discuss legislative actions related to artificial intelligence, stating that addressing the challenges posed by AI is a "high priority" requiring prompt measures.
Odaily News: This morning, the probability on predict.fun that the CLARITY Act will be signed into law in 2026 rose to 34% (the probability on Polymarket for the same market is 35%).
Earlier reports indicated that, according to crypto journalist Eleanor Terrett, U.S. Senate Republicans have released the text of a new version of the CLARITY Act. The new text involves adjustments to ethics rules, and Trump has agreed to approximately 80% of the content of the new ethics proposal.
According to Odaily Meme Express monitoring, the market cap of HUMANITY on Robinhood has surpassed $1.4 million.
It is reported that the project is riding on the narrative of Sam Altman's tweet about AI needing to serve humanity's Team Humanity.
"Meme Express" is curated exclusively by Odaily's AI model to screen potential community-hyped targets. The content is based on publicly available information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with meme coins.
According to Odaily Meme Express monitoring, the market cap of TOOLS on Robinhood has surpassed $1.3 million.
It is reported that RHTools is an analytics terminal token on the Robinhood chain, launched through the Pons platform.
"Meme Express" features community-hyped potential targets exclusively screened by Odaily's AI model. The content is compiled from public information and does not constitute investment advice. Please conduct your own due diligence and be aware of the high volatility risks associated with meme coins.
Odaily reports, according to GMGN data, the SOL Meme coin CATE's market cap has rebounded above $73 million, with a 24-hour gain of 54.7%, currently reported at $73.1 million.
Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
Odaily reports that Tarek Mansour, co-founder of prediction market platform Kalshi, posted on X stating that ahead of today's US Open final, Kalshi ran full-page ads in The Wall Street Journal, The New York Times, and The Washington Post.
He used tennis legend Pete Sampras's career to illustrate his views on market competition. Mansour stated that open competition exposes weaknesses, rewards effective strategies, and forces participants to continuously improve—and the same applies to financial markets. In trading markets, different participants express their judgments about asset value through capital, more accurate information is rewarded, and ultimately a multitude of differing views converge into a single market price, thereby driving price discovery. He believes that a truly open market should allow anyone to participate, follow the same rules, and maintain transparency in prices and trading activity.
According to Odaily, Nate posted on X that this week will bring new design space for perpetual contracts and synthetic assets, which will be combined with the platform's top trading pairs. Last week, Long.xyz launched 1x long pools supporting OpenAI and Anthropic tokenization.
Odaily reports, according to SoSoValue data, during last week's trading days (September 7 to September 11, Eastern Time), XRP spot ETFs recorded net inflows of $18.9754 million.
The XRP spot ETF with the largest net inflows last week was Bitwise ETF XRP, with weekly net inflows of $9.3002 million, bringing its total historical net inflows to $609 million; followed by Franklin Templeton ETF XRPZ, with weekly net inflows of $6.6903 million, bringing its total historical net inflows to $479 million.
As of press time, the total net asset value of XRP spot ETFs stands at $1.450 billion, with the ETF net asset ratio (market value as a percentage of XRP's total market value) reaching 1.70%, and cumulative historical net inflows totaling $1.700 billion.
According to SoSoValue data, SOL spot ETFs recorded a net inflow of $10.3048 million during last week's trading days (September 7 to September 11, US Eastern Time).
The SOL spot ETF with the largest net inflow last week was the Bitwise ETF BSOL, with a weekly net inflow of $9.5259 million, bringing BSOL's total historical net inflow to $1.030 billion; it was followed by the Fidelity ETF FSOL, with a weekly net inflow of $888,400, bringing FSOL's total historical net inflow to $214 million.
The SOL spot ETF with the largest net outflow last week was the Grayscale SOL Trust GSOL, with a weekly net outflow of $1.1705 million, while GSOL's total historical net inflow has reached $134 million.
As of press time, the total net asset value of SOL spot ETFs stands at $1.420 billion, with the ETF net asset ratio (market value as a proportion of SOL's total market value) reaching 2.36%, and cumulative historical net inflows having reached $1.360 billion.
Odaily reports, according to SoSoValue data, Ethereum spot ETFs recorded a net inflow of $197 million during the trading week from September 7 to September 11 (US Eastern Time).
The Ethereum spot ETF with the largest net inflow last week was BlackRock's ETF ETHA, with a weekly net inflow of $140 million. ETHA's total historical net inflow has now reached $13.01 billion. Next was BlackRock's ETF ETHB, with a weekly net inflow of $55.2009 million, bringing ETHB's total historical net inflow to $831 million.
The Ethereum spot ETF with the largest net outflow last week was Grayscale's Ethereum Trust ETHE, with a weekly net outflow of $17.2921 million. ETHE's total historical net outflow has now reached $5.40 billion.
As of press time, the total net asset value of Ethereum spot ETFs stands at $16.31 billion, with the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reaching 5.28%, and cumulative historical net inflows having reached $13.39 billion.
According to SoSoValue data, Bitcoin spot ETFs recorded a net outflow of $463 million during last week's trading days (September 7 to September 11, US Eastern Time).
The Bitcoin spot ETF with the largest net outflow last week was Ark & 21Shares ETF ARKB, with a weekly net outflow of $234 million. ARKB's total historical net inflow currently stands at $1.22 billion. It was followed by Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $129 million. GBTC's total historical net outflow currently stands at $27.78 billion.
The Bitcoin spot ETF with the largest net inflow last week was Morgan Stanley ETF MSBT, with a weekly net inflow of $19.645 million. MSBT's total historical net inflow currently stands at $529 million.
As of press time, the total net asset value of Bitcoin spot ETFs stands at $97.58 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) reaching 6.28%. Cumulative historical net inflow has reached $55.15 billion.
