USELESS token posts a short-term rally, pushing its market cap past $190 million, with gains of over 58% in 24 hours.

According to HTX market data, Bitcoin has rallied by $3,000 in recent hours, surging past the $81,000 level, with a 5.2% gain in the past 24 hours.

Ethena Foundation announced that its fee conversion vote has passed with 100% approval, triggering the launch of programmed ENA repurchases that will gradually scale up as metrics and milestones are met. Per HTX market data, ENA surged over 10.5% in the 24-hour period, currently trading at $0.166. On August 27, the Ethena Foundation unveiled four adjustments to its ecosystem: repurchasing locked tokens held by early investors, further aligning the token’s value with equity, launching a governance proposal to use revenue for ENA repurchases, and canceling future monthly unlocks for venture capital (VC) investors.

According to BIT (bit.com) market data, Tesla (TSLA) in the U.S. stock market rose more than 7% intraday, marking its largest intraday gain since June. Tesla’s Cybercab launch event is being held tonight local time in Austin, Texas, a key milestone to test the company’s autonomous driving commercialization process. Morgan Stanley noted in its latest research report that this launch is far more significant than any of Tesla’s previous product events; the large-scale expansion of its unsupervised Robotaxi fleet will directly determine Tesla’s stock price trajectory for the rest of the year. Data from the Texas Department of Motor Vehicles (DMV) shows Tesla has recently registered around 45 Cybercabs for commercial operations, leading the bank to hold a positive outlook on tonight’s event. If Tesla successfully deploys 25 to 50 Cybercabs for paid passenger services in Texas within days to weeks after the event, its stock price is expected to react positively. Conversely, if the event only features limited supervised retail demonstrations with no substantial unsupervised fleet deployment, the stock price is projected to pull back under pressure following the event.

Trader Bonk Guy (Unipcs) shared a screenshot showing his portfolio hitting a new all-time high of $15 million. Over the past 30 days, his profit has surged by $11.6 million, making him the first individual on the Fomo platform to reach a $15 million portfolio. Bonk Guy remains the platform’s all-time top trader, earning $5 million in the last 24 hours and $9.5 million over the past seven days. He again stressed that none of these trades or successes are his own, crediting all to God. The main unrealized gains came from PONS, USELESS, and MARSCOIN. Three days ago, Bonk Guy had announced he had broken through the $10 million all-time profit milestone on Fomo, leading the second-place trader by nearly $3 million.

Prediction market Polymarket has officially fully launched its perpetual contract functionality, supporting trading of cryptocurrencies, stocks, commodities and other assets, with up to 20x leverage. On July 9, 2026, Polymarket previously rolled out partial asset trading covering 10 assets including BTC, ETH, gold and the S&P 500, also offering up to 20x leverage. Today, the platform has officially launched broader perpetual futures trading.

Beating AI Insight News Brief: OpenAI has released an official video teasing its upcoming Astra model. The video features a toggle between "ASTRA" and "A6TRA", sparking speculation that the model could be named GPT-6-Astra.