Odaily News: According to SoSoValue data, yesterday (September 9, US Eastern Time), XRP spot ETFs recorded a total daily net inflow of $12.285 million.

The XRP spot ETF with the highest net inflow yesterday was Bitwise XRP ETF (XRP), with a single-day net inflow of $9.3002 million, bringing its total historical net inflow to $609 million.

Next was Grayscale XRP Trust ETF (GXRP), with a single-day net inflow of $2.9848 million, bringing its total historical net inflow to $145 million.

As of press time, the total net asset value of XRP spot ETFs stands at $1.506 billion, with an XRP net asset ratio of 1.71%, and cumulative historical net inflows have reached $1.696 billion.

Odaily reports: Block, the payment company founded by Jack Dorsey, has submitted an application to the U.S. Office of the Comptroller of the Currency to establish an uninsured national trust bank named Builders Bank & Trust, N.A. Proposed president and CEO Lee Woolley stated that the bank will leverage Block's experience in digital assets, the history of Square Financial Services, and the team's banking expertise to provide custody and other trust services including Bitcoin and stablecoins, and to establish a federal regulatory framework for some of Block's existing custody operations.

This application joins the ranks of fintech and crypto companies seeking federal bank charters. Since 2025, the U.S. Office of the Comptroller of the Currency has received 40 applications for new bank charters, approved 21, and rejected only 2. Previously, Revolut received conditional approval, and Coinbase, Paxos, BitGo, Ripple, and Circle have also joined the related ranks.

Odaily: The European Commission has adopted a delegated act to extend the "Central Contact Point" (CCP) framework to crypto-asset service providers (CASPs), requiring crypto exchanges and other institutions operating in member states to designate a local contact person. Previously, this framework applied only to e-money institutions and payment institutions. Following the amendment, crypto service providers will be brought into the anti-money laundering and compliance supervision network, enabling regulators to obtain a fixed point of contact within the jurisdiction and strengthening information transmission and enforcement coordination.

Odaily reports: According to on-chain analyst Yu Jin's monitoring, a certain address spent $200,000 to buy LAPTOP, and within hours the position value dropped to $700. This address spent another $49,000 early this morning to buy 24,367 LAPTOP at a purchase price of $2, and the current price has dropped to $0.8. This address currently holds 25,286 LAPTOP, with an average cost of $9.8, representing an unrealized loss of 92%, or a loss of $227,000.

Odaily reports that according to GMGN data, “Niu Lai” market cap fell below $75 million this morning, with a 24H drop of over 23%, and has now recovered to $78 million. In addition, Marscoin's market cap also briefly fell below $100 million this morning, with a 24H drop of over 16%, and has now recovered to $107 million.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily News, Jiang Zhuoer, founder of LakeBTC Mining Pool, posted on X that he has purchased approximately 5% of his position in BNC at around $4.5 and plans to buy more if the price continues to decline to average down his cost.

Jiang Zhuoer stated that BNC's current mNAV is approximately 49%. The company holds about $400 million in BNB, while its current market cap is less than $200 million, effectively gaining exposure to its BNB assets at roughly a 50% discount. Additionally, if BNC forms a positive feedback loop with Meme-related trading in the future, it could bring additional upside potential.

Jiang Zhuoer also cautioned that BNC is highly volatile and does not recommend participating via futures contracts. He personally borrowed USDC by collateralizing ETH and directly purchased BNC spot through Binance bStock.

According to MSX data, BNC fell 15.62% in U.S. stock trading and was quoted at $4.45 in after-hours trading. Additionally, per GMGN data, the BSC on-chain token BNC4 is currently trading at $5.78, representing a premium of approximately 29.9% over BNC's underlying stock.

For the latest developments and analysis on BNC, please read "With YZi Labs Back in Control, BNB Treasury Company CEA Industries Appears Undervalued".

Odaily News: The U.S. Department of Commerce has awarded up to $100 million each to Rigetti, D-Wave, and Quantinuum through the CHIPS Act, totaling up to $300 million, and will hold minority equity stakes in all three companies to advance the development of hardware, manufacturing, and error correction systems for fault-tolerant quantum computers. Ethereum has set December 2029 as the deadline for achieving quantum resistance across its execution layer, consensus layer, and data layer; Bitcoin developers are advancing two post-quantum signature migration proposals, BIP-360 and BIP-361, with industry experts believing a viable migration path must be established before 2029.

Odaily News: Trezor stated that its third-party email service provider has been breached and is currently under investigation. It warns users not to click on links in fraudulent "Critical Security Alert" phishing emails. (Cointelegraph)

Odaily News, Stonk announced on the X platform that it has cumulatively distributed over $25 million in rewards to StonkFun ecosystem holders.

According to GMGN data, the market cap of the Solana-based token STONK reached an all-time high yesterday, currently reported at $174 million, with a 24-hour increase exceeding 20%.

Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily News U.S. Treasury Secretary Scott Bessent stated on X that he had called on the Senate in July this year to advance the CLARITY Act, a bill aimed at establishing a comprehensive regulatory framework for digital assets and strengthening capabilities to prevent bad actors from abusing related technologies.

He noted that as the Senate reconvenes after its August recess, he strongly urges all parties to remain engaged in negotiations and to agree to the procedural motion to proceed on the bill, in order to continue advancing the legislative process. Failure to move forward would send a signal to U.S. allies and adversaries that the United States is unwilling to take a leadership role in the future development of digital assets, while also forgoing tools essential to strengthening national security and combating digital asset abuse.

Odaily News - Trader BonkGuy (Unipcs) stated on the X platform that panic sentiment is evident across multiple group chats he is in, with many believing "the market cycle is over." He noted that market volatility itself creates opportunities, and sharp price dislocations can lead to asymmetric upside potential. In his view, any market correction before the fourth quarter can be viewed as a buying opportunity, and investors should not be shaken off by market fluctuations before the "real rally" arrives.

Odaily News: Harmony has issued a validator update announcement stating that validators may cease operating validator nodes starting from September 10, 2026, at 14:00 UTC (22:00 Beijing time). Harmony noted that the relevant transition and compensation plans have been outlined in a previous ONE migration article, and reiterated its future shift toward building an AI video re-creation economy.

Odaily News: Grok announced on platform X that it has now integrated with Coinbase. After users add the Coinbase connector, they can directly ask Grok in the chat interface to check account balances, analyze data, manage portfolios, and place or cancel orders for tradable assets on Coinbase.

Odaily News, according to MSX.COM data, US stocks closed with the storage sector trending higher. SK Hynix rose over 7%, Micron Technology gained over 2%, and SanDisk rose over 1%. The optical communications sector also advanced, with Marvell Technology up over 4% and Lumentum gaining over 1%. In addition, Meta rose over 6% following the company's launch of its personal AI agent, Muse. Apple fell 0.28% as the company unveiled the iPhone 18 Pro series and its first foldable phone, the iPhone Duo, at its product event.

Odaily News – Hunter Biden, son of former U.S. President Joe Biden, responded on X to the intense price volatility of the LAPTOP Meme coin shortly after its launch, as well as related "Rug Pull" allegations. He stated that the available liquidity at launch was insufficient to meet market demand, which—combined with technical issues and "snipers" engaging in front-running—caused the price to surge rapidly before pulling back. The price has now stabilized.

Hunter Biden stated that the team's token allocation is locked, no team members have sold tokens, and he personally has not received any profit from LAPTOP. Currently, LAPTOP's fully diluted valuation (FDV) exceeds $1 billion. The team is exploring ways to optimize liquidity and will continue advancing community development.

He also addressed the matter of distributing LAPTOP tokens for free to users who suffered losses on TRUMP, saying that external descriptions of this as a "failure" do not reflect the actual situation, and emphasized that the project will continue to move forward in the long term.

For more LAPTOP-related information, read: Biden's Son Launches Meme Coin LAPTOP, Also Plans Airdrop for TRUMP Holders.

Odaily News – Crypto trader Rune (@RuneCrypto_) posted on X, stating that Pump.fun holds over $2 billion in cash, with a valuation of approximately $4.4 billion, making it one of the most influential platforms in the Meme coin market this cycle. However, since launching the Bonding Curve model, its subsequent product expansion has largely been a response to market demand already validated by other teams.

Rune cited examples, noting that after Axiom's rise, Pump acquired Padre and renamed it Terminal; after fomo emerged, Pump added social features to compete for KOLs; and now that products combining Meme coins with equity-related assets have appeared on BNB Chain, Robinhood, Stonks, and Base, Pump has launched a similar MemeStocks feature.

Rune stated that this strategy is not entirely ineffective—for instance, Padre's market share rose from roughly 2% to 10% after its acquisition. However, as a leading platform with substantial capital and resources, Pump should focus more on creating unvalidated new products rather than continuously replicating existing models. Otherwise, it may weaken the incentive for smaller teams to pursue product innovation, ultimately slowing the industry's overall pace of development.