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In Brief Michaël van de Poppe predicts a possible correction in gold prices. This decline could redirect investors towards riskier assets, like altcoins. Altcoin market revival depends on gold’s price staying below $3,365.


DeFi Development's attempt to raise funds for Solana purchases was halted by the SEC due to paperwork issues, delaying their vision to rival MicroStrategy in Web3 investments.






Share link:In this post: One large whale deposited $29.85M USDC into Hyperliquid, and the position was mentioned by James Wynn. Another wallet was also linked to Wynn, with no signs of immediate counter-trading. Other whales are longing HYPE or shorting ETH as Hyperliquid grows its activity.

- 06:11Jupiter co-founder Meow addresses community concerns over "200,000 unissued JUP tokens": Personal and other co-founders' funds are locked until 2030According to Jinse Finance, Jupiter co-founder meow posted on X, stating: "99.99% of my personal net worth, my life's work, and inheritance are all in JUP. My personal funds, like those of the other founders, are locked and will not be liquid until 2030. However, over the past year, I made a very, very serious mistake—trying to reassure the community and make everyone happy. Despite implementing various lockups and burn operations to demonstrate responsibility, the harsh reality is that no one cares about everything Jupiter has done. Instead, attention has multiplied on the 200,000 JUP budget that has yet to be distributed. Even so, the focus of the coming months will still be on strengthening the product, and only after that will discussions be held with the DAO and the community. At this point, no promises can be made."
- 06:01WORLD3 Releases Video Showcasing "Persistent Expert Agent" for Full Web3 AutomationAccording to ChainCatcher, the Web3-native AI agent platform WORLD3 has released a 4-minute demo video on X, showcasing how its "persistent expert agents" enable end-to-end Web3 automation from ideation to launch. In the video, AI agents collaborate to complete tasks such as whitepaper drafting, code generation, website deployment, and social media promotion. They also allow beginners to deploy game mining agents with one click and enable professional investors to execute cross-chain asset management strategies. These agents are built on the cloud-native WORLD VM architecture, supporting complex on-chain tasks 24/7.
- 05:47Gamestop CEO Ryan Cohen Unfollows Numerous Bitcoin-Related AccountsOn August 9, it was reported that Gamestop CEO Ryan Cohen suddenly unfollowed all Bitcoin-related accounts on the X platform, drawing attention on social media. Gamestop currently holds 4,710 Bitcoins worth approximately $550 million, which is only one-third of the amount the company had planned to purchase since April. Despite this, Cohen's investment approach is seen as lacking enthusiasm and has even been criticized as "worthless" and "not supportive of Bitcoin." Additionally, Cohen has been nicknamed "Rugpull Ryan" to highlight the fact that the company's stock price has dropped 80% from its all-time high. Although Gamestop raised $1.48 billion through a bond sale in April, claiming it would be used to purchase Bitcoin and for company operations, Cohen has only used about one-third of these funds to buy Bitcoin.