Coinbase Seeks to List Perpetual Contracts Linked to Individual Stocks of Listed Companies

According to BIT (bit.com) market data, the three major U.S. stock indexes turned negative: the Dow Jones Industrial Average fell nearly 0.5%, the S&P 500 dropped 0.2%, and the Nasdaq Composite declined 0.03%. Oracle (ORCL.N) and Qualcomm (QCOM.O) each fell more than 3%.

Liquid Capital founder Jack Yi posted that, as expected, after the Federal Reserve’s interest rate hike took effect, Bitcoin briefly fell below $76,000, consolidated, and then continued its upward trend. He repeatedly warned against shorting in a bull market, noting that various factors will impact the process, and investors must not exit their positions easily until the late stage of the bull market. Looking ahead, amid the bull market’s asset boom, trading infrastructure and on-chain finance are particularly high-demand sectors. For this cycle, investors should avoid chasing narrative-driven projects and copycat follower projects.

Beating AI News: AI lab PrismML, co-founded by Caltech mathematician Babak Hassibi, has launched Ternary Bonsai 2 27B, compressing the 27-billion-parameter Qwen3.8 27B model to just 5.9GB. The model quantizes its weights into three values (-1, 0, +1), making its size roughly one-ninth that of the original FP16 version. It supports a 262k-token context window, text-and-image input, and agent tool calls, with its weights released under the Apache 2.0 license. Compared to the first-generation Bonsai 27B launched two months ago, the new version retains nearly the same size but swaps the base model from Qwen3.6 to Qwen3.8. PrismML’s internal tests show its overall benchmark performance retention rate versus the full-size model has risen from approximately 95% to 98.2%, with math and coding results now nearly matching the original. The team also demonstrated running the Cline programming agent and Computer Use directly on an RTX 5090.

Per Coinglass data, global crypto market liquidations hit $187 million over the past hour, with long-position liquidations totaling $8.22 million and short-position liquidations reaching $178 million. Of this, Bitcoin (BTC) liquidations amounted to $119 million, and Ethereum (ETH) liquidations stood at $36.04 million.

According to YuEmber Monitoring, the entity acting on behalf of the "BTC OG Insider Whale" Garrett Jin has opened a long position of 1,330 BTC (valued at approximately $107 million) over the past four hours, at an average price of $78,057, and is currently sitting on an unrealized profit of $3.05 million.

Per an official announcement, Binance’s derivatives platform will list the USDBRLUSDT USDT-denominated perpetual contract at 22:00 (GMT+8) on September 21, 2026. The underlying forex trading pair is 1 U.S. dollar (USD) versus the Brazilian real (BRL).