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Bitget’s 2026 King’s Cup Global Invitational (KCGI) Opens Registration, Integrating Three Scenarios: Crypto, TradFi Contracts, and rTokens.

46 minutes ago

Bitget’s 2026 King’s Cup Global Invitational (KCGI) has opened registration, with early-bird benefits and team sign-up channels now available. This year’s KCGI has been fully upgraded, with “UEX Panorama Competition” as its core highlight. For the first time, it integrates three trading tracks: crypto derivatives, TradFi derivatives, and stock spot (rToken), creating a unified competition venue, prize pool, and ranking system to offer multi-asset competition scenarios for users with different trading preferences, boasting a total prize pool of 3 million USDT. To enhance the competition experience, KCGI has launched five gameplay features: UEX Arena, UEX Treasure Map, Captain Rewards, Early Bird Perks, and Glory Live Draw. The core UEX Arena offers a maximum reward of 2 million USDT, covering five rankings: team revenue, each track’s trading volume, and individual revenue. The UEX Treasure Map, via a mechanism of task keys and track fragments, provides a 100% win-rate chest reward of up to 600,000 USDT. Additionally, team captains receive a special incentive of 100,000 USDT, and the first 10,000 users who join a team and complete required tasks before August 30 can compete for a 200,000 USDT early-bird prize pool. The final crowning ceremony will be announced during the post-event live stream. Users who meet the specified trading threshold during the competition will be eligible to join the live draw, winning multiple rewards including 2026 KCGI limited-edition merchandise, gold-plated footballs, and cash vouchers. Registration for the event closes on September 22; for more details, please visit Bitget’s official platform.

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An address sold 19.98 million PONS tokens prematurely, missing out on over $2 million in profits.

According to Lookonchain monitoring, a wallet address initially spent just 0.25 ETH (valued at $610) to buy 19.98 million PONS tokens, then sold them for 0.47 ETH ($1,166), earning a mere $556 in profit. The 19.98 million PONS are now worth $2.2 million, meaning the address missed out on over $2 million in gains by selling too early. Per GMGN monitoring, PONS, a token in the Robinhood Chain ecosystem, surged to a market cap of over $115 million today, hitting an all-time high.

3 minutes ago

Meme Crypto Roundup: PONS keeps hitting new all-time highs, Lobster surged over 80% to a new peak before pulling back, and the new Solana token Pistacio has attracted notable attention.

The recent meme coin market remains in a highly volatile rotation phase. After multi-chain hot sectors rallied collectively yesterday, capital has begun shifting rapidly between networks including Robinhood Chain, BSC, and Solana. Old hotcoins fluctuate at high levels, while new narratives continue to absorb short-term liquidity. On Robinhood Chain, CASHCAT remains in high-level consolidation, trading at approximately $0.202, with a market cap of around $203 million, an all-time high (ATH) of $241 million, and 24-hour trading volume of about $41 million. Additionally, PONS continues to strengthen, trading at roughly $0.11, with a market cap of ~$109 million, ATH of $119 million, and 24-hour volume of $19.6 million. PONS is the native token of Pons, a leading meme coin launchpad on Robinhood Chain. On BSC, Niu Lai has started consolidating after a consecutive downtrend, while another relatively old meme coin, Lobster, has surged, hitting an ATH market cap of ~$48.97 million before quickly pulling back. The meme coin is currently trading at ~$0.034, with a market cap of $34.2 million, a 24-hour gain of ~35%, and 24-hour volume of $5.5 million. The hot topic on Solana has shifted to new meme coin Pistacio, trading at ~$0.0103, with a market cap of $10 million, ATH of $17.8 million, and 24-hour volume of $30 million. Pistacio’s core narrative comes from a green character created by crypto meme artist Marcello, later packaged by the community as a new meme asset on Solana.

3 minutes ago

Trader Lu Yao: The crypto market remains in a bear cycle, with only HYPE in a bull run, and it will keep setting new all-time highs.

Renowned crypto trader Lu Yao stated in a post that any price trend projection is merely a probability game, and traders must recognize this to avoid irrational decisions and over-leveraging positions. He believes the entire crypto market remains in a bear market, with only HYPE in a bull cycle, as it has hit an all-time high and will continue to do so. Following the recent market rebound, Lu Yao noted that the broader crypto market is still in a major bear cycle, but may have entered the first half of the bear market’s late stage—dubbed the "monkey market," characterized by sharp, volatile swings. The current rally is expected to continue, with Bitcoin potentially testing $90,000 to $100,000, but judging by its duration and prior drawdown, the bear cycle has not yet concluded, and the market may face further sharp volatility. Crypto investors should avoid being fully cash or fully invested at this stage, and participate with appropriate position sizing. According to HTX market data, HYPE has shown strong momentum recently, surging sharply from its $51 phase low, briefly breaking through its all-time high of $83, and is currently trading at $81.

3 minutes ago

A major Circle long holder has flipped to short positions for the first time, with the position valued at approximately $14.95 million.

According to on-chain analyst Ai Yi (@ai_9684xtpa), Circle (CRCL)’s long-term bullish address mtaavebank.eth has opened its first short position, becoming the largest CRCL short position on Hyperliquid. The address opened an 8x leveraged short position early this morning, currently holding 162,593.75 CRCL tokens worth approximately $14.95 million, with an entry price of $91.241 and an unrealized loss of $121,000. It has previously executed 11 CRCL trades, all long positions, totaling over $981,000 in profits.

3 minutes ago

Whale Tracking: Smart money chased the rally in SKHX yesterday, locking in $2.5 million in profits and has placed $47.6 million in take-profit orders.

According to TradingBeats monitoring, SKHX is currently trading at $1,240, up roughly 7.8% in the past 24 hours. The "smart money" address that chased to buy SKHX yesterday now holds 35,600 long positions, worth approximately $44.205 million at an average entry price of $1,168.2, with unrealized profit rising to around $2.559 million, an increase of $1.191 million from yesterday’s tracking. About 80 minutes before the U.S. stock market closed this morning, this whale placed 100 "reduce-only" sell orders in bulk, planning to sell nearly all its positions at $1,320 to $1,350, with a weighted average sell price of roughly $1,335 and a nominal value of about $47.591 million. If all orders are executed, the gross profit from this round of long positions would be approximately $5.946 million. Currently, the cumulative sell orders for SKHX in the $1,330 to $1,350 range total around $48.828 million, of which roughly $32.006 million comes from this whale, accounting for about 65.5% of the sell wall in this interval. Meanwhile, the additional buy orders the address retained yesterday in the $1,162.6 to $1,170 range have all been canceled, shifting its trading strategy from "continue buying on dips" to "lock in gains on rallies". This address just realized a profit of approximately $1.952 million from its previous SKHX trade; combined with the current unrealized profit, the total profit from its last two rounds of SKHX trades is around $4.511 million. Previous update: After SKHX’s rebound, smart money abandoned waiting for a pullback, chased to buy back $43 million worth of SKHX and turned a profit again.

3 minutes ago

South Korea's KOSPI index rose more than 2% intraday, with Samsung Electronics up 2.63% and SK Hynix gaining 3.04%.

According to Bitget market data, South Korea’s KOSPI index posted an intraday gain of over 2%. Samsung Electronics rose 2.63%, while SK Hynix gained 3.04%.

3 minutes ago

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