Kinetiq’s governance token KNTQ surges over 25% in a short period, with its market capitalization breaking through $260 million.

Nvidia officially announced that SpaceXAI will deploy Nvidia’s Vera CPU to accelerate its next-generation agentic AI applications. Vera is the first CPU purpose-built for AI agents, boasting 88 of Nvidia’s in-house developed Olympus cores, and leveraging spatial multithreading technology and LPDDR5X high-bandwidth memory with a bandwidth of 1.2TB/s. In use cases including agentic AI, reinforcement learning, and data processing, it delivers up to 1.8x faster task completion than x86 CPUs. SpaceXAI President Mike Nicolls stated: “Vera’s CPU performance and memory bandwidth are sufficient to support large-scale task orchestration, code execution, and data processing, enabling GPUs to operate at peak efficiency, thereby generating more effective output per watt of computing power.” SpaceXAI also plans to expand the AI infrastructure powering Grok based on the NVIDIA Vera Rubin platform, advancing toward gigawatt-scale computing capacity. Vera Rubin integrates Nvidia accelerated computing, NVLink interconnect, Spectrum-X networking, and BlueField data processing technology, with the aim of reducing per-token costs and boosting the overall energy efficiency of AI factories. Most notably, SpaceXAI will send an optimized Vera Rubin NVL72 system into space; its first-generation Starmind AI satellite will adopt this rack-level architecture, marking Nvidia’s first landmark deployment extending accelerated computing from terrestrial data centers to orbital computing.

According to monitoring by TradingBeats (formerly Hyperinsight), Loracle sub-address 0xefe4...194b currently ranks first on the Hyperliquid xyz:GOLD position leaderboard, holding approximately 12,801.96 long GOLD positions with a position value of around $59.8953 million and an unrealized profit of roughly $6.3510 million. Additionally, the address also holds about 15,567.34 short xyz:SNDK positions, with a position value of approximately $22.5929 million and an unrealized profit of around $0.3703 million. The combined value of the two positions is roughly $82.4881 million, with a total unrealized profit of approximately $6.7213 million.

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.