24H Trending Coins & Headlines | Market Expectations for Fed Rate Hikes Drop Sharply; BTC Briefly Broke Above $82,000 This Morning (September 4)
- Core Takeaways: This period's market highlights focus on the broad rally in the crypto market triggered by a sharp drop in Fed rate hike expectations, while also showcasing major technological breakthroughs in the AI industry and the advancement of global regulatory policies, reflecting widespread market activity.
- Key Elements:
- CME data shows the probability of a Fed rate hike this month has dropped from 70% yesterday to approximately 50%. Several Fed officials have signaled support for holding rates steady, significantly boosting market sentiment. Major CEX tokens such as BTC and ETH recorded gains of 3%-6%, while ZEC surged 14.97% driven by its privacy narrative.
- OpenAI released its new flagship model, GPT-6 Astra, claiming major progress in commercial tasks such as financial modeling, software programming, and cybersecurity. Its financial modeling capabilities are considered by some to potentially approach the AGI milestone. The model is priced at 2.5 times that of its predecessor.
- The G20 Finance Ministers' meeting supported establishing clearer regulatory pathways for digital assets and called on the FATF to strengthen anti-money laundering enforcement for virtual assets. Meanwhile, the likelihood of the US CLARITY Act passing before the midterm elections is extremely low, as House Republican leadership has canceled related voting schedules.
- Uniswap Labs purchased PONS tokens. Pons issued 24,000 tokens in the past 24 hours, generating $5.95 million in fee revenue. Robinhood Chain's DEX trading volume reached a record high of $1.89 billion, indicating a trend of market focus shifting toward emerging chain protocols.
- Nvidia agreed to acquire AI open-source platform Hugging Face for $12.9303 billion, extending its expansion strategy in the AI infrastructure sector. The deal allows Hugging Face to continue operating as an open platform.
- Ethena's fee conversion vote passed with 100% approval, initiating a programmatic ENA buyback. The ENA token rose over 10.5% in 24 hours, reflecting market recognition of innovative value accumulation mechanisms in DeFi protocols.
- Polymarket and Coinbase announced entry into the perpetual contracts market on the same day, supporting perpetual trading for cryptocurrencies and US single stocks, respectively. This signals an accelerating convergence between prediction markets and compliant derivatives trading.
1. Popular Coins on CEX
Top 10 CEX Trading Volume and 24-Hour Change:
- BTC: +4.54%
- ETH: +4.95%
- XRP: +5.89%
- SOL: +3.39%
- ZEC: +14.97%
- BMT: -4.61%
- BNB: +4.3%
- DOGE: +5.54%
- UNI: +9.78%
- SUI: +2.35%
24-Hour Gainers (Data Source: OKX):
- EDGE: +39.16%
- CHIP: +37.18%
- ICX: +17.61%
- xMSTR: +14.52%
- ZEC: +14.41%
- CORE: +14.4%
- xCRCL: +13.72%
- VELODROME: +13.52%
- XPL: +13.29%
- LPT: +13.05%
24-Hour Crypto Stock Gainers (Data Source: msx.com):
- CHPT: 82.66%
- MSTX: 32.55%
- CAN: 22.88%
- BTCS: 20.8%
- BNC: 20.49%
- ABTC: 19.95%
- CONL: 18.92%
- STKE: 18.8%
- MRLN: 17.19%
- MSTR: 16.5%
2. Trending Meme Coins On-Chain (Data Source: GMGN):
- fone
- FOMO
- BEN
- CATE
- CTO
Top News
Market Expectations for Fed Rate Hike Drop Sharply
Odaily News - Traders now believe the odds of a Federal Reserve rate hike this month are nearly a coin flip.
According to CME data, market pricing currently suggests approximately a 50% probability of a 25-basis-point rate hike. Just yesterday, investors priced the odds of a hike as high as 70%. Prior to this, several Fed governors spoke out in an attempt to dismiss the market's belief that a rate hike was a done deal.
Fed Governor Waller just stated that he would support holding rates steady if August data indicates continued improvement in inflation. A day earlier, New York Fed President Williams also said that the case for a rate hike is currently not compelling.
Odaily News - Galaxy's Head of Research stated on X that House Republican leadership has cancelled the voting schedule for the weeks of September 21 and September 28. The House will reconvene on September 14 for a 4-day session before leaving Washington and not returning until after the midterm elections. This schedule makes it highly unlikely the CLARITY Act will pass before the midterms.
OpenAI Releases GPT-6 Astra Model, Claims It May Be Close to Achieving AGI
Odaily News - OpenAI began rolling out its new flagship model, GPT-6 Astra, on Thursday, claiming significant progress in commercial tasks like financial modeling and engineering design. The model is initially available only to select institutions, including those involved in OpenAI's Daybreak Access cybersecurity program, and will later be rolled out to ChatGPT Plus, Pro, Business, and Enterprise users, as well as users via the API and Amazon Web Services. OpenAI stated that GPT-6 Astra shows notable improvements in computer operation, software programming, and professional work, achieving top-tier results on the FrontierMath Tier 1 math test, the ARC-AGI 3 reasoning test, and the ExploitBench cybersecurity benchmark. OpenAI Co-founder and President Greg Brockman stated that the timeline for achieving Artificial General Intelligence (AGI) has always been ambiguous, but "looking back in a few years," this milestone "may be around this period, near this very model." GPT-6 Astra is priced at $10 per million input tokens and $50 per million output tokens, 2.5 times the price of the previous flagship model, GPT-5.6 Sol. OpenAI indicated that the AI industry may shift towards charging per task rather than per token in the future. Brockman said at the launch event: "Welcome to the age of AGI." (Jin Shi)
Uniswap Labs Acquires PONS Tokens, Deepening Partnership with Pons
Odaily News - Pons announced that Uniswap Labs has purchased PONS tokens, and the two parties will drive long-term interest alignment through a token holding mechanism.
RuneCrypto: BonkGuy is 64 Years Old and the Best Performing Trader Over the Past 365, 30, and 7 Days
Odaily News - RuneCrypto stated on X that BonkGuy (Unipcs) is simultaneously the best-performing trader over the past 365 days, 30 days, and 7 days, and that this trader is currently 64 years old.
Industry News
Odaily News - South Korea's state-owned utility, Korea Electric Power Corporation (KEPCO), is in discussions with Samsung Electronics and SK Hynix on a multi-billion dollar prepayment plan for electricity bills to raise funds for building the power grid needed for new semiconductor industry clusters. Under the current proposal, Samsung Electronics would prepay 20 trillion KRW and SK Hynix would prepay 5 trillion KRW, totaling 25 trillion KRW, roughly equivalent to the next five years of electricity costs.
KEPCO said in a statement: "The large-scale electricity prepayment system is a mechanism that meets the mutual needs of companies urgently needing grid expansion and KEPCO, which requires investment funds. Specific details, including the prepayment amount and coverage period, have not yet been finalized."
YMTC's IPO Review Status Changes to "Under Inquiry"
Odaily News - Yangtze Memory Technologies Co., Ltd.'s IPO for listing on the STAR Market has had its review status changed to "Under Inquiry."
Nscale Reaches Strategic Agreement Exceeding $6 Billion, Potential Deployment of 100,000 NVIDIA GPUs
Odaily News - AI computing company Nscale announced a multi-year strategic partnership with Figure, expanding the scale to over $6 billion. The deal represents the potential deployment of up to 100,000 NVIDIA Vera Rubin platform GPUs. (pressreleasehub)
Odaily News - BitcoinTreasuries.NET stated on X that Alliance Global Partners has initiated coverage on bitcoin treasury company Strategy with a Buy rating and a price target of $217, which is 75% higher than the current price.
Odaily News - Multicoin has again sold 10% of its HYPE position. HYPE is Multicoin's largest holding, currently valued at $90.5 million. Multicoin accumulated HYPE between February and March of this year and has held it for over six months; at its peak it held 4 million HYPE, and now retains only 25% of its original position.
0xSun's Account Still Down Approximately $10,000 Since Joining Pump.fun
Odaily News - In early August, Chinese-speaking KOL 0xSun announced a partnership with Pump.fun and opened a trading account on the platform. According to public information from Pump.fun, 0xSun's account was created on August 26 but is still down approximately $10,000. His largest single-coin loss came from trading the Meme coin CINEMA, reaching $18,456.48.
Project News
Another Record High, Robinhood Chain DEX Trading Volume Reaches $1.89 Billion in 24 Hours
Odaily News - Robinhood Chain DEX trading volume has hit another all-time high, reaching $1.89 billion in the past 24 hours. Regarding token launch platforms, Pons continues to rank first by a significant margin, issuing 24,000 tokens yesterday; long.xyz issued 2,740 tokens, ranking second. Additionally, Pons generated $5.95 million in fee revenue over the past 24 hours, ranking fourth globally; Uniswap protocol's single-day revenue increased to $10.33 million, ranking second.
Odaily News - Coinbase announced on X that the company is working to launch single-stock perpetual futures in the United States. This week, Coinbase filed registration notices with the SEC for its derivatives exchange and broker-dealer, and will work closely with the SEC and CFTC to bring more major financial products to the U.S. market.
Polymarket Fully Launches Perpetual Futures, Supporting Crypto, Stock, and Commodity Trading
Odaily News - Prediction market Polymarket has officially fully launched its perpetual futures feature, supporting trading in cryptocurrencies, stocks, commodities, and other assets with up to 20x leverage.
On July 9, 2026, Polymarket launched trading for select assets, supporting 10 assets including Bitcoin, Ethereum, Gold, and the S&P 500, with up to 20x leverage. Today marks the official launch of broader perpetual futures trading.
Odaily News - HyperliquidNews stated on X that in a future network upgrade, HIP-3 will support deployer configuration for permissioned markets. For example, US investors could access specific markets, or meet the access requirements of institutional investors subject to strict rules.
100% in Favor, Ethena Fee Conversion Vote Passes and Initiates Programmatic ENA Buybacks
Odaily News - The Ethena Foundation announced that the fee conversion vote has passed with 100% approval. Programmatic ENA buybacks will begin and will gradually scale up as metrics and milestones are achieved. ENA is up over 10.5% in 24 hours, currently trading at $0.166. On August 27, the Ethena Foundation announced four adjustments to the Ethena ecosystem, including buying back locked tokens held by early investors, further aligning token and equity value, initiating a governance proposal to use revenue for ENA buybacks, and eliminating future monthly VC investor unlocks.
Odaily News - Users can send supported tokens from networks such as Ethereum, Base, Arbitrum, and Sui directly to Jupiter without using bridging tools, and receive USDC directly in their Solana wallet. This feature integrates routing, cross-chain bridging, and swap processes, eliminating the need for users to switch networks or execute additional transactions. The service currently employs a unified flat fee of $0.30 per transaction, regardless of whether the transfer amount is $100 or $10 million.
Pons Adds Support for Multiple New Stock Token Pairs Including Snap and Lululemon
Odaily News - Pons, the Robinhood Chain token launch platform, added support for several new stock token pairs this morning, including Snap, Lululemon, Figma, Moderna, and Pfizer.
Odaily News - Pools.fun, the token launch platform launched by Sushi, announced an adjustment to its fee distribution mechanism for new pools based on community feedback, allocating 90% of fees to token issuers and 10% to the protocol. Half of the protocol's fee revenue will be used to buy and burn BNKR. Additionally, the platform will use approximately $120,000 worth of BNKR for an airdrop to users on the Pools leaderboard.
Pools.fun also launched a "Fees to Holders" feature, allowing projects to distribute trading fees to token holders at the time of token issuance. In the future, the platform plans to integrate 194 Robinhood stock tokens, enabling projects to pair with related tokenized stocks.
Odaily News - Ethereum Layer 2 network Silicon stopped accepting new bridge deposits and initiated its shutdown process on September 2. Users must withdraw all assets before December 31. After that, the network and block explorer will go offline, and remaining assets will be unrecoverable. Approximately $9.75 million in assets currently remain on-chain, including $2.66 million USDC, $2.54 million WBTC, $2.08 million ETH, and $1.85 million USDT. Assets bridged from the Ethereum mainnet can be withdrawn directly back to the mainnet within the window, but tokens issued directly on Silicon cannot be bridged directly and can only be swapped using remaining on-chain liquidity, which may become increasingly difficult as the shutdown progresses. Silicon's Web3 wallet will also be discontinued.
Fundraising & Investments
NVIDIA Agrees to Acquire Hugging Face for $12.9303 Billion
Odaily News
