Corgi girls sweep Silicon Valley: After fierce competition in the AI sector, it turns out cute faces still work best.

According to HTX market data, privacy token ZEC (Zcash) has surged sharply to break through $1200, hitting an all-time high. It is now trading at $1193, with a 24-hour gain of 17.8%.

André Dragosch, Head of European Research at Bitwise, published a report stating that Bitcoin’s 90-day rolling correlation with gold has risen to its highest level since 2020, while its correlation with the Nasdaq 100 index has fallen to a one-year low. Meanwhile, Bitcoin remains significantly negatively correlated with the U.S. Dollar Index. In August, U.S. long-term Treasury yields climbed, leading Treasury Secretary Besent to intervene in the market by expanding long-term Treasury repurchase operations. After this move, Bitcoin surged 22.4% in a single week, marking its largest weekly gain since March 2024; gold rose roughly 5% over the same period, while stocks dropped. The last time Bitcoin’s correlation with gold hit such a high was after governments rolled out fiscal and monetary stimulus during the 2020 COVID-19 pandemic. Bitcoin and gold remain distinct assets, but as macroeconomic pressure and currency devaluation risks grow, investors are increasingly holding both as hedges, with Bitcoin recently acting as a more volatile proxy for gold. If this correlation trend persists, Bitcoin could enter a larger capital pool led by central banks, sovereign entities, and asset allocators, and face repricing.

According to DefiLlama data, Robinhood Chain’s weekly revenue has reached $21.49 million, hitting an all-time high. Its cumulative revenue now stands at $28.76 million.

According to GMGN market data, PAIR, the native token of pair.fund — Robinhood’s token launch platform — has surpassed $40 million in market capitalization, hitting an all-time high. It is currently priced at $40.06 million, with a 24-hour gain of 420% and trading volume of $19 million over the same period. BlockBeats reminds users that related tokens are highly volatile, so investors should exercise caution.

According to DefiLlama data, amid the meme token hype, Robinhood Chain generated $2.61 million in protocol revenue yesterday, with a 7-day total of $22.45 million. As an Ethereum Layer 2 (L2) built on Arbitrum Orbit, Robinhood Chain is required to allocate 10% of its net protocol revenue to the Arbitrum ecosystem. Over the past seven days, Arbitrum, which provides the underlying tech stack, has received around $2.48 million, split between its DAO and developer fund. Meanwhile, Uniswap, a decentralized exchange (DEX) on Robinhood, brought in $609,234 in protocol revenue yesterday, with a 7-day total of $3.36 million. Notably, Ethereum mainnet, as the settlement layer, saw negligible revenue: per growthepie data, Robinhood Chain paid just $1,270 in settlement fees to Ethereum mainnet yesterday, totaling $3,550 over the past seven days. This has sparked widespread debate in the crypto community. Prominent DeFi researcher Ignas pointed out that this structure—where platforms rake in massive profits while the settlement layer receives almost nothing—raises questions about whether this poses a problem for Ethereum. He noted that Ethereum may currently be using low fees to onboard TradFi players into its ecosystem, planning to increase charges once user migration costs become sufficiently high. If Ethereum’s official roadmap does include a strategy of first attracting a large number of L2s, then monetizing Layer 1 (L1) after switching costs rise, this could be positive for ETH, though such an approach is not currently outlined in Ethereum’s roadmap. Arbitrum co-founder Steven Goldfede responded that Robinhood chose Arbitrum to act as a landlord, not a tenant: controlling its own sequencer and keeping most fees for itself.

According to on-chain analyst Yu Jin Monitoring, a news-driven trader scooped up the Hakimi token within one second of Binance releasing its contract listing announcement. The trader paid a total of 40.8 BNB (≈$31,000) in node bribes and gas fees, then sold most of his position to net roughly $378,000 in profit. The announcement was published at 13:55:12; within that same second, the trader paid 35.3 BNB (≈$26,800) in bribes to the BNB48 Club node, used a private RPC channel to buy 9.89 million Hakimi tokens for 264.7 BNB (≈$200,000) at an average price of ~$0.02 per token, plus an extra 5.5 BNB (≈$4,200) in gas fees. After other traders piled in to drive up the token’s price, the news-driven trader sold most of his position in batches at an average of ~$0.058 per token.