Kinetiq is set to launch its new Hyperliquid Layer 2 (L2) network, Elysium, with HYPE as the native gas token.

Japanese bitcoin treasury firm Metaplanet’s newly established US bitcoin treasury subsidiary Super League (SLE) has raised $2.3 million for the first time via an at-the-market (ATM) offering. This marks SLE’s first ATM financing, signaling that Metaplanet is raising capital simultaneously through capital markets in both the US and Japan.

Virtuals Protocol has released a comprehensive guide on Solana for issuing AI Agent tokens, covering the full workflow from identity setup, instant and scheduled launches, tokenomics, to advanced configurations. Key features include the Automated Capital Formation (ACF) auto-funding mechanism, which has raised over $6.8 million in total, team pre-sales, anti-sniper taxes, and direct integration with Economy OS-powered AI Agents. After launch, the tokens trade on Meteora DBC pools, with a 1% transaction fee (70% allocated to creators). Once the accumulated amount reaches 42,000 VIRTUAL, the token automatically graduates and migrates liquidity, with liquidity provider (LP) tokens locked for 10 years.

According to TradingBeats monitoring, the largest on-chain Ethereum long position address linked to BIT has initiated profit-taking. The address is 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41; it sold 14,000 ETH five minutes ago, worth approximately $34.15 million. Its remaining holdings are valued at around $25.24 million, with an average long entry price of $2,340.86, and the remaining position holds an unrealized profit of roughly $1.83 million. The address has repeatedly received fund transfers from Matrixport, which has since rebranded as BIT. It is currently the largest on-chain ETH long position, with two associated addresses coordinating position-building, making this the primary address.

According to Reuters, crypto advocacy group Stand With Crypto, backed by Coinbase, announced it is endorsing 32 incumbent U.S. congressional candidates in the November midterm elections. All 32 candidates voted last year to advance the Clarity Act—the crypto industry’s top legislative priority—through the House of Representatives. The bill is currently stalled in the Senate due to opposition from some lawmakers. The endorsed candidates include key crypto allies such as Republican Representatives Tom Emmer and Bill Huizenga, as well as Democratic Representatives Ritchie Torres and Josh Gottheimer, with some facing competitive re-election races. “In 2024, we proved that crypto voters are a real, viable force,” said Mason Lynaugh, executive director of Stand With Crypto. “In 2026, we will demonstrate our organizing power—our advocates are a voting bloc that can truly sway election outcomes.” Founded in 2023 by Coinbase, Stand With Crypto influences elections by mobilizing voters rather than relying on large campaign spending, and it currently claims more than 3 million registered “advocates.” In 2024, the crypto industry spent $170 million supporting congressional candidates, most of whom won their races, and helped push through the GENIUS Act, legislation regulating stablecoins. This midterm election cycle, the crypto industry has already allocated nearly $200 million through channels including the Fairshake super PAC to further solidify its influence in Congress.

Tom Lee commented on the U.S. Treasury’s potential move to deploy nearly $1 trillion to support U.S. Treasury bond repurchases. This development is positive for "long-term assets"—including stocks, cryptocurrencies, gold and real estate. The U.S. Treasury’s large-scale repurchase of long-term Treasury bonds will push down long-term interest rates, thereby enhancing the valuation appeal of duration assets, a move that should be regarded as a marginal improvement in the liquidity environment.

Aethir today announced the launch of its ACCELERATE strategic project, securing access rights to 10 AI data center sites in the U.S. and Europe, with a total capacity of up to 20 megawatts. The company disclosed that the total contract value of these sites upon full completion will exceed $2 billion, with up to $700 million in contracts expected to be secured by the end of 2026. The sites support NVIDIA B300 and GB300 clusters, with node sizes ranging from 64 to 256 units, and deployment timelines measured in months, rather than the multi-year construction cycles of traditional data centers. Aethir also announced an update to its IDC token economic policy, introducing a burn mechanism and a floating platform fee. The Aethir Foundation holds equity in Axe Compute.