News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

As the Federal Reserve begins its interest rate cut cycle, the cryptocurrency market is experiencing a broad recovery. Alongside mainstream assets like BTC and ETH, the AI sector has also rebounded rapidly. The convergence of AI and crypto has emerged as a compelling narrative in this market cycle, attracting numerous tech teams and venture capital firms. Leading projects in the space have shown significant growth. Recommended projects to watch closely include Bittensor (TAO), Near Protocol (NEAR), and Arkham (ARKM).





The spot Ethereum ETFs have seen two consecutive days of net inflows.



Liquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
- 16:13PENGU token deployment address transferred $2.94 million worth of tokens to CEX one hour agoAccording to a report by Jinse Finance, Arkham monitoring shows that the PENGU token deployment address transferred tokens worth $2.94 million to a CEX via an intermediary address one hour ago. Previous statistics indicate that since July 12, a total of 1.81 billion PENGU tokens (approximately $54.61 million) have been transferred from the PENGU token deployment address to CEXs.
- 16:03Analysis: Recent Suspected CEX Fund Manipulation in ZORA, with Almost No On-Chain Transactions Exceeding $500,000According to ChainCatcher, on-chain analyst @ai_9684 xtpa posted on X, stating that ZORA has surged 931% in the past month, seemingly creating an independent altcoin rally. However, there have been no on-chain transactions exceeding $500,000 recently, suggesting that the price movement may be driven by funds within centralized exchanges (CEX). On the exchange with the highest ZORA spot trading volume, the 24-hour trading volume reached $82.6 million, while the exchange with the highest ZORA contract trading volume saw a 24-hour volume of $1.354 billion—16.4 times that of spot trading. ZORA’s circulating supply ratio is 35%, and starting this October, tokens allocated to investors, the treasury, and the team will begin to be unlocked. The market maker is GSR Markets. Additionally, market data shows that ZORA briefly broke through $0.10, setting a new all-time high.
- 16:02A whale purchases $1.58 million worth of GP at an average price of $6.57According to Jinse Finance, Onchain Lens monitoring shows that a certain whale purchased $1.58 million worth of GP at an average price of $6.57 using USDC and SOL.