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ENA's recent rally is at risk, as negative market signals, including a declining BoP and negative funding rates, suggest a possible drop to $0.48.
Share link:In this post: OpenAI went into early talks to discuss the secondary sale of shares to former and current employees, raising its valuation to $500B. The AI firm recently secured $8.3B at a $300B valuation for a second tranche of the $40B financing round led by SoftBank Group Corp. Sarah Friar, OpenAI’s CFO, said the money raised by her company brought it closer to a potential IPO.
Share link:In this post: The RBI plans to hold interest rates at 5.5% after cutting rates by 50 bps in June. The Monetary Policy Committee expects India’s inflation for 2025 to remain significantly below the RBI’s target of 4%. India faces trade tensions as Trump threatened to impose 25% levies and additional unspecified penalties starting August 7.
Share link:In this post: Ripple submitted feedback to the Senate’s crypto regulation proposal. The firm called for clearer boundaries between the SEC and CFTC. It also urged Congress to codify rules and avoid “regulation by enforcement.”
After rallying 37% in a week, PUMP is now eyeing a breakout above $0.00354. With whales and public figures still accumulating, another 15% gain could follow.
HBAR is struggling with fading momentum, marked by falling futures interest and weak spot market accumulation. This could push the token below $0.20 in the short term.
- 16:04Canadian dollar stablecoin developer Tetra Digital Group raises approximately $10 million in funding, with participation from Shopify and othersBlockBeats News, September 8, according to Coindesk, Canadian dollar stablecoin developer Tetra Digital Group has completed a financing round of approximately 10 million USD, with participation from Shopify, Wealthsimple, Purpose Unlimited, Shakepay, ATB Financial, National Bank, and Urbana Corporation. The company plans to launch the stablecoin in early 2026 after obtaining regulatory approval. According to the press release, the token will be issued through the regulated digital asset custody subsidiary Tetra Trust and will be backed 1:1 by Canadian dollar reserves held within Canada.
- 16:04Glassnode: Bitcoin index reflects strong demand for put options, indicating active institutional hedging activityBlockBeats News, on September 8, Glassnode posted on social media that the Bitcoin 25 Delta Skew Index (1-month term) continues to climb to historical highs, reflecting strong demand for put options. This is not purely a bearish market signal, but often indicates active institutional hedging activity. With the rise of Bitcoin ETFs and Digital Asset Trusts (DATs), institutions are entering the market in large numbers—while gaining risk exposure, they are managing downside risk through put options.
- 16:03Yilihua: The Ethereum correction is about to end, and the optimal buying range remains $4,100–$4,300.BlockBeats News, on September 8, Liquid Capital (formerly LD Capital) founder Yi Lihua posted on X, stating: "The adjustment is about to end, ETH is on the verge of a major move, the underlying logic of the macro fundamentals is perfect, and I will stick to the bull market trend investment. Especially if there is a possible 50 basis point rate cut, I still set 4100-4300 as the optimal buying range."