A mysterious crypto whale has once again increased its HYPE holdings, with a single purchase exceeding $11.88 million.

According to market data from BIT (bit.com), US-listed cryptocurrency-related stocks saw their intraday declines widen, with MSTR down 6.12%, CRCL down 5.94%, COIN down 4.53%, BMNR down 5.73%, SBET down 5.16%, and PURR down 7.02%.

Bitunix has officially launched the On-Chart Order Preview feature, allowing users to preview entry prices and estimated liquidation prices for long and short positions directly on the K-line chart before placing an order. Users can adjust prices in real time by dragging the preview line, with order details in the order panel updating simultaneously. This feature gives users a clearer view of their positions before executing trades, enabling intuitive understanding of entry points and liquidation risks, and effectively reducing operational errors. This update marks another key step in Bitunix’s ongoing optimization of its chart trading experience, further advancing the platform’s core concepts of Ultra Products and Ultra Experience.

Ethena has announced the launch of its self-custodial financial application Ethena Pay, positioned as a "new internet currency bank" that integrates the stablecoin USDe with payment, savings, and global money transfer capabilities. The product is now available on iOS, with phased testing rolled out across 48 countries and regions. Ethena Pay offers up to 6% annual percentage yield (APY) on USD savings, up to 5% cashback on card transactions, free instant global transfers, and supports fiat onramps for USD, GBP, EUR, etc., alongside IBAN accounts. Users can deposit fiat or crypto assets into their accounts, hold funds in USDe, or withdraw to bank accounts for local currency settlement. Additionally, the platform features a multi-tier membership system: users can lock ENA tokens or invite new users to access higher yield and cashback tiers, with select merchants offering up to 10% cashback. The product currently operates on the Avalanche network, and the U.S. and EU are not included in its initial launch regions.

According to market data from BIT (bit.com), the semiconductor and storage sectors in US stocks saw broad declines during the trading session, with the Philadelphia Semiconductor Index falling more than 3%. Specific stock performances: Micron Technology (MU) dropped 2.53%, SanDisk (SNDK) fell 2.26%, Seagate Technology (STX) declined 3.06%, Western Digital (WDC) dropped 1.94%, SK Hynix ADR fell 2.41%, NVIDIA (NVDA) declined 3.25%, Intel (INTC) dropped 3.88%, and Advanced Micro Devices (AMD) fell 3.48%.

According to market data from BIT (bit.com), U.S. stocks opened with the Dow Jones Industrial Average down 0.64%, the S&P 500 down 0.71%, and the Nasdaq Composite down 1.31%. Leading tech stocks were broadly lower: Intel (INTC.O) and Qualcomm (QCOM.O) fell nearly 3%, AMD (AMD.O) and Meta Platforms (META.O) dropped over 2%, while Tesla (TSLA.O), Alibaba (BABA.N), and NVIDIA (NVDA.O) declined nearly 2%.

Bloomberg senior ETF analyst Eric Balchunas wrote that BlackRock’s spot Bitcoin ETF (IBIT) has outperformed the S&P 500 ETF (VOO) since its launch, though the gap between the two is narrow. Balchunas added that given recent shifts in overall market sentiment and narratives around Bitcoin, the outcome remains quite surprising. He also noted that IBIT’s performance journey has been far more volatile than VOO’s, with its price trend resembling a “roller coaster”, while VOO’s upward trajectory has been relatively stable.