Odaily News: Wintermute posted on X that the crypto market has rebounded over the past two weeks, with ETF inflows turning positive and stablecoin issuance stabilizing. However, to usher in a full new cycle, the market still needs new sources of capital. Historically, VC and ICO funding in 2017-2018, stablecoins in 2020-2021, and ETFs and digital asset treasury companies in 2024-2025 have all accelerated bull market cycles. RWA could become the next major liquidity channel. Data shows that stablecoin supply grew by over $120 billion within a single year; ETFs recorded cumulative net inflows of $63 billion, while digital asset treasury companies accumulated over $115 billion in holdings.

In comparison, RWA attracted approximately $16 billion in capital over the past 12 months—only about one-tenth of the peak scale seen from ETFs and treasury companies in the previous cycle. However, the value of on-chain tokenized assets has roughly doubled within a year to over $30 billion, and this growth continued even during periods of stablecoin supply contraction.

Wintermute believes that RWA capital initially flows into traditional assets such as Apple stock and U.S. Treasury funds, rather than directly into crypto assets. But once these funds enter the blockchain, the friction involved in rotating toward Bitcoin, altcoins, and DeFi is expected to decrease significantly. As the regulatory framework gradually becomes clearer and tokenized Treasuries and funds begin gaining acceptance as collateral on trading platforms and within DeFi, RWA could drive a market cycle that unfolds at a more moderate pace and lasts longer.

1. Robinhood Chain Leads Ethereum Ecosystem with $8.26M in Weekly Revenue, Up 1,653% QoQ;

2. Yi Lihua: Market Judgments Over the Past Few Months Have Been Largely Accurate, But Caution Is Still Needed Going Forward;

3. A Whale Holds Large Short Positions on BTC, ETH, and XYZ100, with Unrealized Profits Exceeding $2.6 Million;

4. Streak of Four Consecutive Wins Since July: An ETH Swing Trader Nets $1.05 Million in Total Profits and Clears 1,673 ETH;

5. Sources: Korea's Foreign Exchange Stabilization Fund Absorbs Approximately $20 Billion from SK Hynix ADR Listing Repatriation;

6. Remixpoint Liquidates All Altcoins, Will Only Hold Bitcoin Going Forward;

7. Apple's New CEO John Ternus Posts First Tweet on X;

8. Yields on Major Global Government Bonds Continue to Rise.

Odaily News, September 2 - WEEX Exchange announced that it has launched zero-fee trading for ECS, CAKE, and SNDK. New users with a net deposit of 100 U will receive a 5 USDT reward, and an additional 5 USDT reward for completing their first spot trade with any of the featured tokens. Total reward pool: 20,000 USDT; Event period: 9/1 19:00 - 9/8 19:00 (UTC+8).

Odaily News: According to Lookonchain monitoring, the Royal Government of Bhutan has transferred out another 400 bitcoins, worth $30.62 million.

Odaily – Bitget has launched the 3rd round of its US stock dip-buying product, FCN (Fixed Coupon Note). The execution discount rate for this round is 15% off, with underlying assets and reference APR ranges: Intel (INTC) 18%–21%, Tesla (TSLA) 12%–14.6%. The subscription window ends on September 3 at 16:00 (UTC+8), and product capacity is limited on a first-come, first-served basis.

Additionally, Bitget's limited-time cashback campaign is still ongoing. Users who reach specified cumulative subscription thresholds will receive corresponding cashback rewards, with a maximum of 10,000 USDT per individual. The campaign runs until September 18. For more details, please refer to Bitget's official platform.

It is reported that Bitget FCN (Fixed Coupon Note) is a structured financial product linked to a single US stock rToken. Users can subscribe with USDT and select their target US stock, with the buying execution price for each round determined by the closing price of the US stock on the subscription deadline multiplied by the discount rate. At maturity, if the observation price is not lower than the execution price, the principal in USDT along with fixed interest will be returned. If the observation price falls below the execution price, the principal will be converted into corresponding rToken at the execution price, while still earning the fixed interest.

PPP Prediction Market Tool monitoring shows that in the "LCK Playoffs T1 vs. HLE" prediction event, an account with profits exceeding $7 million

(0x2c335066fe58fe9237c3d3dc7b275c2a034a0563) purchased $58,000 worth of T1 defeating HLE, with an average opening price of 38.9¢ and a purchase of 148,772.2 shares.

The T1 vs. HLE match begins on September 2 at 16:00, with a BO5 format. T1 currently leads HLE 2:1.

Join the PPP Signal Push Community to stay one step ahead and seize the opportunity first.

Odaily News: Berkshire Hathaway CEO Abel confirmed that Buffett led Berkshire's investment in Alphabet, with the firm betting on the company's AI advantages. Abel believes AI data centers represent a significant opportunity for Berkshire Hathaway Energy.

Odaily News, September 2 — B.AI announced that its Responses API now integrates DeepSeek series models. Developers only need to use their B.AI API Key to directly call DeepSeek series models supported by the B.AI platform within the Codex client, seamlessly integrating DeepSeek's powerful reasoning and code generation capabilities into their daily development workflows.

Previously, B.AI already supported calling GPT series models via Codex; this integration of the DeepSeek series further enriches developers' model choices within the Codex environment — after completing the minimal configuration of the API Key and Base URL, developers can flexibly switch between DeepSeek and GPT to meet diverse needs such as code generation, understanding, debugging, refactoring, and collaborative development. B.AI will continue to expand its model matrix and API compatibility capabilities, providing global developers with a more open and efficient programming assistance experience.

Odaily News, TSMC (TSM.N) co-Chief Operating Officer Hou Yongqing said today that as the company expands capacity to meet artificial intelligence demand, its demand for chip manufacturing equipment has nearly doubled since the end of last year. Hou noted that the company has raised its quarterly equipment procurement estimate to approximately 1.9 times the level forecast in December last year. This is the latest sign that robust demand from AI developers and massive data center expansions worldwide are further boosting chip demand.

TSMC is also currently facing a shortage of experienced construction workers, as the company seeks to build and equip approximately 20 factories in the Taiwan region of China and overseas—an expansion drive unprecedented in the company's history. Previously, TSMC typically advanced construction on 4 to 5 new plants simultaneously. Hou said, "We are currently catching up at roughly 4 to 5 times the pace of the past, yet we still cannot keep up with demand." (Jin Shi)

According to Hyperbot data reported by Odaily, a whale has opened large short positions on BTC, ETH, and XYZ100, with the total value of these short positions reaching nearly $107 million. Among them:

BTC 10x short position totals $64.21 million, with unrealized profits of $1.39 million;

ETH 20x short position totals $27.53 million, with unrealized profits of $1.02 million;

XYZ100 20x short position totals $15.1 million, with unrealized profits of $220,000.

Additionally, this address holds small long positions in WTI and Brent crude oil, as well as short positions in MRVL, Silver, SMSN, and others.

According to Odaily, DefiLlama data shows that Gate recorded a net capital inflow of $520.45 million over the past month, ranking third globally among centralized exchanges.

Odaily News, HIP-3 market deployer Entropy has launched an Anthropic Pre-IPO market on Hyperliquid. ANTH is up 1.58% in the past 24 hours, currently trading at $1,968, with a 24-hour trading volume of $9.59 million and open interest in contracts reaching $9.9 million.

Odaily News: On-chain data shows that at 17:48 Beijing time today, USDC Treasury minted an additional 250 million USDC on the Solana network.

Odaily News: Over the past 7 days, the top five revenue generators in the Ethereum ecosystem were Robinhood Chain ($8.26 million), Ethereum mainnet ($2.48 million), Base Chain ($0.84 million), and Polygon PoS ($0.5358 million). Robinhood Chain's revenue grew 1,653% quarter-over-quarter, contributing the vast majority of total revenue across the Ethereum ecosystem.

Odaily News, September 2 — The B.AI platform announced that Hy4 Preview, the latest open-source flagship model from Tencent's Hunyuan team, has officially launched its API service, providing full developer access. As an early version of the Hy4 series, this model adopts a 770B sparse MoE architecture, activating 49B parameters per token, and supports a 1M ultra-long context window, delivering professional-grade performance in scenarios such as software engineering agents, office data workflows, game development, and scientific research. Starting today, developers can directly call Hy4 Preview through the official B.AI API channel, and visit chat.b.ai/chat for details and an immediate hands-on experience. Going forward, B.AI will continue to introduce cutting-edge models, offering developers a richer and more cost-effective selection of AI computing power.