News & Research

A whale who participated in the WLFI presale in January deposited 130 million WLFI, worth $32.21 million, into Binance four hours ago, Onchain Lens reported. The investor had initially purchased 666 million WLFI during the presale for 10 million USDT. According to CoinMarketCap, WLFI is currently trading at $0.2451, up 7.23%.

The Ethereum Foundation plans to shut down its Holesky testnet within two weeks of the upcoming Fusaka upgrade, Cointelegraph reported. The foundation intends to deploy the Fusaka upgrade on the Holesky testnet at the end of September, followed by a mainnet launch in November. Staking operators and infrastructure currently on Holesky will be migrated to the Hoodi testnet.

Shareholders of Metaplanet, a publicly listed Japanese company that has added Bitcoin to its corporate treasury, have approved a plan to purchase 210,000 BTC by 2027, Cryptoslate reported. The acquisition will be funded by raising up to 555 billion yen ($3.58 billion) through an issuance of preferred shares. The decision was made at a shareholders’ meeting on Sept. 1, which was attended by Eric Trump, the second son of U.S. President Donald Trump. Metaplanet previously announced the purchase of an additional 1,009 BTC, bringing its current holdings to 20,000 BTC.

The European Securities and Markets Authority (ESMA) has warned about the risks associated with tokenized stocks, CryptoSlate reported. ESMA Executive Director Natasha Cazenave pointed out that many tokenized stocks sold in the EU do not grant investors actual shareholder rights, such as voting rights and dividends, and that this is often not clearly disclosed. The warning comes as cryptocurrency exchanges like Robinhood and Kraken have begun offering tokenized stocks in Europe. The World Federation of Exchanges (WFE) has echoed these concerns, calling for enhanced regulatory oversight.

CoinMarketCap's Altcoin Season Index has fallen to 48, a decrease of six points from yesterday. The index is calculated by comparing the price performance of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins, against that of Bitcoin over the last 90 days. The index signals an altcoin season when 75% of these top coins outperform Bitcoin during that period, with a score closer to 100 indicating a stronger season. The opposite scenario is considered a Bitcoin season.

The Crypto Fear & Greed Index rose three points from yesterday to 49, shifting from fear to neutral territory as investor sentiment improved, according to data from Alternative. The index measures market sentiment on a scale where 0 indicates extreme fear and 100 represents extreme optimism. The index is calculated based on volatility (25%), trading volume (25%), social media mentions (15%), surveys (15%), Bitcoin's market cap dominance (10%), and Google search volume (10%).

London-based neobank Revolut has launched a secondary share sale for its employees at a valuation of $75 billion, Reuters reported. The company offers investment services for both cryptocurrencies and crypto-related stocks.

A solo miner successfully mined a Bitcoin block at height 912,632, earning a reward of 3.1 BTC worth approximately $340,000. The event occurred at around 2:48 a.m. UTC on Sept. 1, according to data from the blockchain explorer Mempool.

The team behind World Liberty Financial (WLFI), a DeFi project linked to the Trump family, has proposed using all fees generated from managing the protocol's liquidity for WLFI token buybacks and burns.

The market capitalization of tokenized gold has surpassed $2.57 billion as gold prices approach all-time highs, CoinDesk reported. The growth was primarily driven by Tether's XAUT and Paxos's PAXG. According to data from DeFiLlama, Tether issued $440 million worth of new XAUT in August, while Paxos's PAXG has seen inflows totaling $140 million since June.