Robinhood ecosystem token PONS briefly surged past $83 million in market capitalization, hitting an all-time high.

According to monitoring by OnchainLens, a wallet linked to Multicoin Capital transferred 1,061,100 HYPE tokens (valued at around $8.41 million) to Coinbase Prime minutes ago, potentially indicating an imminent sell-off.

According to HTX market data, ZEC hit an approximately 8-year high today, touching its highest price since 2018 at $888 with a weekly gain of over 70%. It is currently holding steady near the $844 level. The Zcash community will launch an 18-day token holder vote starting on the 24th (Beijing time: early morning of the 25th) to determine the scope of the upcoming NU7 upgrade. The minimum voting participation threshold is 1 million ZEC. Voting rights are based on spendable, shielded ZEC held in the Ironwood pool at the snapshot time (estimated 19:00 UTC on the 24th, mainnet block height approx. 3,459,350). The vote opens August 25 and closes at 19:00 UTC on September 14. Votes are cast privately via supported wallets, including Zodl, Vizor, Zkool, and Keystone hardware wallets; only aggregated data will be released, with no individual voting details disclosed. The initiative aims to gather holders’ feedback on the upgrade scope for reference by the community and developers.

As Bitcoin rebounds to hit the $80,000 mark, the massive short positions in Bitcoin and Ethereum held by the whale codenamed "Set 10 Big Goals First" may return to loss if they retain their original positions. The open positions are as follows: - BTC short positions: 1,830.724 BTC, worth approximately $139 million, average entry price $76,397.56 - ETH short positions: 12,756.739 ETH, worth approximately $30.25 million, average entry price $2,371.57 Based on current BTC price of $79,300 and ETH price of $2,499, the total unrealized loss on the whale's address could reach $6.88 million. The whale has previously resumed live trading on Binance but is currently in an invisible status, making it impossible to confirm whether the trader has closed positions to stop loss.

According to Fox Business News, Wall Street executives stated that U.S. Treasury Secretary Scott Bessent is preparing to take aggressive measures to push the 10-year U.S. Treasury yield to around 5%. The Trump administration is not expected to pursue fiscal austerity policies, but instead aims to reduce debt via tax increases. Earlier reports noted that Bessent is eyeing the trillion-dollar "emergency fund pool" to cover U.S. Treasury obligations, leveraging the powerful tool of the Treasury General Account (TGA) to influence long-term bond yields.

Coinbase to Launch Spot Trading for Basecat (BASECAT) and DebtReliefBot (DRB). If liquidity conditions are met and trading is supported in relevant regions, the BASECAT-USD and DRB-USD trading pairs will open today.

According to market data from BIT (bit.com), as Bitcoin hit $80,000, all US-listed crypto-related stocks rallied, with details as follows: Strategy (MSTR) rose 5.1%; Coinbase (COIN) fell 1.1%; Circle (CRCL) gained 1.57%; BitMine Immersion (BMNR) surged 7.47%; SharpLink Gaming (SBET) increased 5.88%; HYPE Treasury Co. (PURR) climbed 2.41%.