Arthur Hayes has accumulated a total of $15.412 million in investments in ETH ecosystem tokens since August 10.

September 9th. The on-chain smart contract trading platform Coin-box announced the official launch of a Points Incentive Program (referred to as CB Points), which serves as an important credential to measure user contributions and is directly linked to the future allocation of platform tokens in airdrops. Coin-box stated that the launch of this points program aims to reward genuine participation and positive contributions from community members. Through CB Points, users will not only be able to receive future platform token airdrops but will also enjoy multiple benefits such as fee discounts, exclusive services, and community governance rights. Regarding the points calculation mechanism, Coin-box adopts a dynamic weighting model covering three main dimensions: assets, transactions, and growth. Among them, inviting new users and driving community growth are given the highest weight to encourage more community-building activities. The platform also emphasizes that the specific weighting

On September 9th, as per Reuters, two insiders disclosed that the cryptocurrency exchange platform Gemini Space Station has secured Nasdaq as a strategic investor since the company is planning to go public in New York this week. The insiders stated that Gemini might raise up to $317 million through an initial public offering (IPO) and has arranged for Nasdaq to purchase $50 million of shares in a private placement during the IPO. As the agreement has not been made public yet, the insiders requested to remain anonymous. The investment is a part of a collaboration that will enable Nasdaq's clients to utilize Gemini's custody and staking services, the insiders said. Gemini's institutional clients will also be able to use Nasdaq's Calypso platform to manage and track trade collateral. Gemini is expected to start trading on Nasdaq this Friday under the symbol "GEMI." The insiders cautioned that the company's plans are subject to market conditions and may change. Gemini's IPO arrives at a

On September 9th, based on Coinglass data, if Ethereum manages to break through $4500, the cumulative short liquidation intensity on mainstream CEXs will reach $1.485 billion. Conversely, if Ethereum drops below $4200, the cumulative long liquidation intensity on mainstream CEXs will reach $2.216 billion. BlockBeats Note: The liquidation chart does not disclose the exact number of contracts to be liquidated or the precise value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent liquidation clusters, that is, intensity. Therefore, the liquidation chart shows the extent to which reaching a certain price level will have an impact. A higher "liquidation bar" indicates that the price reaching that level will trigger a more intense reaction due to a liquidity cascade.

On September 9th, David Kelly, the Chief Global Strategist of JPMorgan Asset Management, cautioned that a rate cut by the Federal Reserve might have a counterproductive effect and fail to genuinely improve the economic outlook. He indicated that the rate cut would lead to a reduction in retirement income, suppress corporate borrowing, and intensify the "uncertainty tax," potentially resulting in more significant economic pressure. This perspective is in sharp contrast to the widespread market expectation that a rate cut would stimulate growth. On the macro market front, although the CME FedWatch Tool indicates a 100% probability of a 25-basis-point rate cut in September, experts have warned that the rate cut may not necessarily reverse the weakness observed in job data and the slowdown in corporate investment. U.S. bond yields have edged lower, the dollar has remained within a certain range, and safe-haven demand has supported a rise in gold prices. The market is currently in a state

On September 9th, based on HTX market data, Bitcoin dropped below $113,000, and the 24-hour growth rate narrowed to 0.98%.

On September 9th, from Smart Money, and the crypto KOL 0xsun.sol (@0xSunNFT), a post was published stating, "As was previously mentioned, at the end of August, it was noticed that the leadership influence of ETH was on the wane. In the medium to long term, I still hold confidence in ETH, but recently it seems to be lacking a certain amount of momentum. After some thought, I gradually shifted 30% of my ETH long position to several altcoins. All of these altcoins are ones that I believe have a very good fundamental and are in line with the current mainstream narrative to enrich the bullish portfolio. The ones I selected are XPL, Hype, ENA, Eigen, Bonk, and Ondo. I am still observing them. During the past two months of this ETH-led uptrend, it can be seen that many strong coins are ETH-related altcoins, which is very logical. ETH-related altcoins can be divided into several categories, mainly L2-related, DeFi-related, and Restaking-related. The high-quality targets of the first two catego