September 8th, Qiqi Today's News Sharing:

BTC: Yesterday, it oscillated around $110,000, hitting a low of $110,021, and closing back at $111,591. Overall performance shows that it can't drop, but it also can't surge; the market is still waiting for direction. The support remains strong, and if it can stabilize, there is hope for a continued rebound.

ETH: It fluctuated slightly in the range of $4270–4340 throughout the day, closing at $4273. The performance can be considered stable, but there is a lack of momentum, and it is likely to remain in a consolidation phase in the short term.

Today's Hot Topics:
1️⃣The issuance rights of the USDH stablecoin under Hyperliquid have sparked competition among several institutions, with Paxos, Frax, and others having submitted bidding proposals.
They not only support native deployments on HyperEVM and HyperCore, but they have also played a more attractive card: using 95% of the interest income for HYPE token buybacks, which will be redistributed to ecological programs, partners, and users.

2️⃣Bitcoin whales have reduced their holdings by over 100,000 bitcoins in the past 30 days, setting the largest sell-off record since mid-2022.
This indicates that large investors have a strong risk-averse sentiment. Currently, it is still observed that the portfolios of major participants are decreasing, which may continue to put pressure on Bitcoin in the coming weeks.

3️⃣ Today's activity on the BSC ecosystem is relatively high, with new meme coins Jobless and Bdog seeing active trading. This is due to CZ's statement that: #AI companions are a rapidly growing field, so let's combine it with cryptocurrency.
Jobless launched 13 hours ago, with a transaction volume exceeding 11.8 million USD, and a current market cap of 4 million USD.
Bdog was launched 11 hours ago, with a trading volume exceeding 9.9 million USD and a current market capitalization of 1.5 million USD.

Last week, the Trump family's wealth surged by $1.3 billion, with WLFI contributing $670 million.
However, this 1.3 billion dollars does not include the approximately 4 billion dollars worth of WLFI tokens held by the Trump family, which are currently subject to a lock-up period. Excluding the 4 billion dollars of WLFI tokens, the Trump family's collective net worth has already surpassed 7.7 billion dollars. Political families are getting more aggressive in the crypto space than anyone else.

5️⃣ Shield: The Sui ecosystem DeFi protocol Nemo was attacked, resulting in a loss of approximately $2.4 million. The hacker has bridged USDC from Arbitrum to Ethereum via Circle.