A wallet allegedly linked to Bitkub’s co-founder transferred $26 million worth of ZEC, sold the asset, and subsequently purchased 238 BTC.

According to monitoring by Onchain Lens, Fireblocks’ custodial wallet has transferred a total of approximately $66 million in Trump family-backed stablecoin USD1 to Binance over the past week. The wallet deposited an additional $10 million USD1 to Binance just 13 minutes ago. On-chain data shows the address is 9Rycov3U4efJf5HiqZYGjN7qJJHEtMsj4vbmkG4xfCxk. Previously, the wallet had already sent $28 million USD1 to Binance in three separate transactions over the prior 21 hours, with amounts of $10 million, $15 million, and $3 million respectively.

According to Bitget market data, international crude oil prices continue to rally, with Brent crude rising above $88 per barrel, up 2.57% on the day; WTI crude oil futures trade above $83 per barrel, gaining 2.33% intraday. On the news front, three sources close to the Kremlin revealed that Russia, after determining peace agreement negotiations have reached an impasse, is preparing to escalate military strikes against Ukraine. According to insiders, Russia is currently considering intensifying heavy conventional ballistic missile strikes on infrastructure targets in Kyiv and other Ukrainian cities. Insiders noted that all negotiation frameworks have effectively collapsed, and the two warring sides are back to square one. They also stated that Putin will not end the war due to economic pressure from sanctions or Ukraine’s attacks on Russian refineries and logistics networks. Insiders disclosed that Moscow increasingly views Ukraine’s airstrikes as attacks by NATO countries, given that NATO member states are supplying weapons and intelligence to Kyiv. Sources said the current phase of hostilities has not yet reached the peak of military escalation.

According to BIT (bit.com) market data, today’s three major U.S. stock indexes opened slightly lower. Nvidia traded down 1.35% intraday, with its market capitalization standing at $5.09 trillion at press time. Market focus is on the chipmaker’s upcoming earnings report, as investors await its performance and latest guidance on AI demand to assess whether the previously pressured AI trade can regain momentum. Analysts project Nvidia’s last-quarter revenue to nearly double year-over-year, with broad market consensus forecasting continued strong earnings growth. However, a key market concern lingers over whether Nvidia’s massive AI capital investments will translate into corresponding returns. The stock had fallen for seven consecutive trading days before bouncing back on Tuesday, as investors positioned themselves in advance for the earnings release. Beyond Nvidia’s results, the market will also watch Federal Reserve Chair Walsh’s first major speech at the Jackson Hole Symposium this Friday, seeking clues about future interest rate trajectories. In commodities, Brent crude’s weekly cumulative decline once widened to roughly 8%, but after U.S. EIA data showed last week’s crude inventories rose by only 95,000 barrels—well below expectations—oil’s intraday losses narrowed sharply and turned positive.

Apple will host its largest product launch event of the year on September 9, marking the official start of new CEO John Ternus’s tenure. The event’s slogan is "Surprise and shine". The tech giant is set to unveil multiple new products, including its first foldable iPhone, as well as the iPhone 18 Pro and Pro Max, which will come with faster chips and longer-lasting battery life. This launch will be the first major product event led by Ternus, though it will not feature the second-generation iPhone Air or the standard iPhone 18 — the latter is scheduled to launch next spring.

According to market data from BIT (bit.com), U.S. crypto-related concept stocks fell broadly, with declines as follows: MSTR down 3.52%, COIN down 3.23%, CRCL down 3.53%, SBET down 1.44%, BMNR down 0.09%, PURR down 3.92%, and ABTC down 8.66%.

According to market data from BIT (bit.com), the US storage sector’s intraday gains expanded, with individual stocks rising as follows: Western Digital (WDC) up 3.45%, Seagate Technology (STX) up 2.97%, SK Hynix (SKHY) up 0.51%, Micron Technology (MU) up 0.98%, SanDisk (SNDK) up 1.45%, and SK Hynix (SKHY) up 0.24%.