24H Trending Coins and News | New iPhone Duo "Only" Costs 0.025 BTC; trade.xyz Launches Events Feature (September 11)
- Key Takeaways: The crypto market is overall in a correction and consolidation phase, with mainstream CEX coins broadly declining, but localized hotspots (RAY, ETHFI, etc.) and on-chain Meme tokens remain active; at the industry level, Nasdaq's planned investment in Kraken's parent company, SBF's appeal to the Supreme Court, and Liquid Network's controlled resumption constitute the main developments.
- Key Elements:
- Among the top 10 CEX trading volume coins, only TRX gained (+0.38%), BTC fell 1.73%, ETH dropped 0.52%, and ZEC led declines at 12.07%; RAY topped the gainers list with a 27.48% increase.
- Nasdaq plans to invest $100 million in Kraken's parent company Payward at a $21 billion valuation, and collaborate on developing tokenized infrastructure.
- SBF has appealed to the U.S. Supreme Court, seeking to overturn his fraud conviction and vacate the $11 billion asset forfeiture order, arguing it violates the Eighth Amendment.
- Liquid Network has resumed block production but transactions remain suspended, BTC/LBTC reserves have not yet been fully restored, and officials warn against opportunistic scams.
- Gemini has obtained a Major Payment Institution license from Singapore's MAS, enabling it to provide digital payment token and cross-border transfer services.
- Bonk Guy warns against overtrading, saying "painful choppy conditions" may persist until Q4, and recommends concentrating holdings in strong assets and adding on dips.
1. Trending CEX Tokens
Top 10 CEX Tokens by Trading Volume and 24-Hour Price Change:
- BTC: -1.73%
- ETH: -0.52%
- SOL: -2.03%
- XRP: -3.23%
- BNB: -1.14%
- ZEC: -12.07%
- DOGE: -2.85%
- NEAR: -0.57%
- UNI: -2.14%
- TRX: +0.38%
Top 24-Hour Gainers (Data Source: OKX):
- RAY: +27.48%
- NES: +17.03%
- ETHFI: +11.26%
- CARDS: +8.72%
- EIGEN: +8.68%
- xSOXS: +8.48%
- GRVT: +7.68%
- xGME: +6.26%
- xRDDT: +5.31%
- APT: +5.16%
Top 24-Hour Tokenized Stock Gainers (Data Source: msx.com):
- BWET.M: 17.37%
- SKDD.M: 13.29%
- AXTQ.M: 12.22%
- SEGG.M: 11.87%
- ZSL.M: 11.59%
- LITZ.M: 10.44%
- BEZ.M: 9.97%
- SOXS.M: 9.67%
- TSSI.M: 9.24%
- AAOZ.M: 8.71%
2. Trending On-Chain Meme Coins (Data Source: GMGN):
- FRONG
- STONK
- JUGGERNAUT
Headlines
iPhone Prices vs. Bitcoin Over the Years: The New iPhone Duo "Only" Costs 0.025 BTC
At its fall product launch event, Apple unveiled its first foldable phone, the iPhone Duo, along with the iPhone 18 Pro series and other models. Based on the current Bitcoin price, the new entry-level foldable iPhone Duo "only" costs 0.025 BTC. Here is a comparison of each iPhone generation's launch price converted to Bitcoin at the time of release: iPhone 4s — 162 BTC; iPhone 5 — 53 BTC; iPhone 5s — 5 BTC; iPhone 6 — 1.7 BTC; iPhone 6s — 2.8 BTC; iPhone 7 — 1.1 BTC; iPhone 8 — 0.19 BTC; iPhone X — 0.14 BTC; iPhone XS — 0.15 BTC; iPhone 11 — 0.068 BTC; iPhone 12 — 0.051 BTC; iPhone 13 — 0.018 BTC; iPhone 14 — 0.042 BTC; iPhone 15 — 0.031 BTC; iPhone 16 — 0.014 BTC; iPhone 17 — 0.007 BTC; iPhone 18 Pro — 0.015 BTC.
trade.xyz announced on X that it has launched Events, aiming to develop Hyperliquid into a unified trading system for financial assets and real-world outcomes. Users can deposit spot BTC into a unified trade.xyz account, borrow USDC through portfolio margin, open pre-IPO perpetual contract positions on SpaceX, hedge upcoming SK Hynix earnings events using event markets, and pick the US Open champion. Events will cover sports, politics, economics, and financial markets; the first batch of Up/Down markets covers stocks, commodities, and pre-IPO assets, with liquidity provided by trade.xyz perpetual contracts on HIP-3, whose continuous price discovery mechanism serves as the source for contract settlement.
Trump Says He Would Still Go to War with Iran If He Could Do It Over
US President Trump said in an interview with Fox News that he does not regret going to war with Iran, even though the war could affect the upcoming US midterm elections. Trump said he "doesn't identify with the word 'regret'" and stated that "if I could do it all over again, I would do it exactly the same way." He denied that some supporters feel dissatisfied and demoralized because of the war, saying his supporters are "very proud" because he "didn't let Iran have nuclear weapons." Trump also claimed the war will end immediately after the midterm elections.
Industry News
FTX founder SBF filed an appeal with the US Supreme Court on Thursday, seeking a new trial and the reversal of the court's previous $11 billion asset forfeiture order. SBF was sentenced to 25 years in prison in 2024.
The appeal primarily concerns legal issues related to the submission of trial evidence, and whether SBF should have been allowed to present evidence that his relevant investments were ultimately profitable enough to cover FTX customer losses. In addition, SBF argues that the $11 billion asset forfeiture violates the Eighth Amendment to the US Constitution's prohibition on excessive fines.
Reporter Eleanor Terrett said that a new version of the Clarity Act text has been released ahead of a key Senate vote. Senate Republicans have made changes to the bill's DeFi and credit union-related provisions, but the White House remains silent on Trump-related conflicts of interest and ethics issues.
Crypto exchange Gemini has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS), allowing it to provide digital payment token and cross-border transfer services.
The license supports Gemini in offering spot trading, custody, and over-the-counter services to retail and institutional clients. Gemini has been serving customers in Singapore since 2020.
Project News
Four.Meme announced on X that the BNC4 Daily Buyback has completed its first buyback and burn, repurchasing and burning a total of 10,169,329 4Stock from the market, worth approximately $355,900.
The buyback funds came from all product revenue generated by BNC4 on September 8 and 9, including 115,057 USDT and LP fees from 11,652 BNC4, as well as Bonding Curve trading fees from 33,930 BNC4.
Liquid Network announced on X that as of September 10 at 10:00 (UTC), the network has entered a controlled recovery phase. As a precautionary measure, the network has resumed block production but is temporarily not processing transactions, and is continuously monitoring to confirm full network stability. Blockstream said the required Functionary node and bridge node updates have been successfully deployed, and Functionary nodes are now signing and verifying blocks as expected. Meanwhile, pegging operations including PAK-authorized peg-outs remain paused, and the network is in the final recovery phase, including restoring BTC/LBTC reserves. Liquid Network reminds users to beware of scammers using this incident to publish fake update websites or messages, and to never transfer funds to unfamiliar channels or disclose private keys or seed phrases.
Polymarket Appoints First CFO to Catch Up with Competitor Kalshi
Polymarket has hired its first Chief Financial Officer, as the prediction market company seeks new investment and aims to regain momentum after falling behind its main competitor Kalshi.
Funding & Investment
Nasdaq Plans to Invest $100 Million in Kraken Parent Payward at $21 Billion Valuation
Nasdaq plans to invest $100 million in Payward, the parent company of crypto trading platform Kraken, at a valuation of $21 billion. Previously, Nasdaq had partnered with Payward to jointly develop tokenization infrastructure to advance the tokenization of traditional financial assets such as on-chain stocks.
People & Voices
Bonk Guy Warns Investors: Avoid Overtrading, "Painful Chops" May Last Until Q4
Crypto trader Bonk Guy said that unless tomorrow's US CPI data significantly changes the market's trajectory, the short-term market could become more difficult and choppy, with on-chain market volatility especially worth watching—a state that could even persist into the fourth quarter. Currently, frequently chasing new trading pairs and liquidity rotation is the most likely way to lose capital. Rather than constantly switching positions, it is better to concentrate on holdings you are most bullish on and use pullbacks to add to positions, especially focusing on assets that have recently shown strong performance. Bonk Guy emphasized that the current market cycle is far from over, and the market may simply need to go through a period of adjustment and consolidation. Investors should not exit early due to short-term volatility, lest they miss a potentially larger rally in the fourth quarter.
long.xyz co-founder Nate posted on X that in the coming days, long.xyz will focus on building distribution channels that do not depend on public chains, the crypto market, or Meta cycles, and reiterated his view that Stock Pairs will become the crypto market's "final Meta."
Nate said the market still underestimates the potential of the stock market in terms of narratives, distribution channels, and capital scale. Leading trading pairs on long.xyz have already begun forming their own independent narratives and distribution channels. Once it no longer relies solely on Crypto Twitter (CT), the scale could expand 1,000 times and become more PVE.
David Sacks: Anthropic's IPO Should Be Paused Until Whistleblower Investigation Is Complete
David Sacks, Chairman of the US President's Council of Advisors on Science and Technology, posted on X: "Anthropic's IPO should definitely be paused before the whistleblower's claims are investigated."
Odaily note: The whistleblower mentioned by David Sacks is Anthropic researcher Jacob Coxon, who chose to resign two months before his equity vesting due to concerns about the risk of AI going out of control.
