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Read in-depth analysis of crypto news

Saturday, 08/29/2026

Data: The market capitalization of the Solana ecosystem meme coin GOLD has surpassed 13 million USD, with a daily increase of over 478 times

According to GMGN market data, the Solana ecosystem meme coin GOLD's market capitalization quickly surpassed $13 million, currently reported at approximately $13.8 million, with an intraday increase of over 478 times.According to the project's official introduction, GOLD is narrated as "Trump Digital Gold," claiming to be a cryptocurrency project launched by the Trump Foundation, combining the narrative of gold value with blockchain concepts. More details have yet to be announced. The actual association of the related project with Trump and his affiliated organizations still needs further confirmation. Meme coin prices are highly volatile, and the authenticity of the related narrative remains to be verified; please be aware of trading risks.

Data: The current whale position on the Hyperliquid platform is $6.945 billion, with a long-short position ratio of 0.9

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $6.945 billion, with long positions totaling $3.289 billion, accounting for 47.36% of the holdings, and short positions totaling $3.655 billion, accounting for 52.64% of the holdings. The profit and loss for long positions is $338 million, while the profit and loss for short positions is -$359 million.Among them, the whale address 0x92ea..e9 has taken a 3x leveraged long position on BTC at a price of $77,089.9, currently showing an unrealized profit and loss of $1.263 million.

The U.S. CFTC fines former White House teleprompter operator $172,000

The U.S. Commodity Futures Trading Commission (CFTC) ordered former White House teleprompter operator Gabriel Perez to pay a fine of $172,539 this Friday for illegally trading on a prediction market platform using advance knowledge of Trump's speech content.According to a settlement agreement with the CFTC, Perez must return illegal profits of $107,539.02 and pay a civil penalty of $65,000. He also agreed to a three-year trading ban and committed to cease and not violate the Commodity Exchange Act and CFTC regulations.The CFTC noted that Perez traded Trump "mention market" contracts on the Kalshi platform during his time at the White House from December 2025 to February 2026. These contracts are event contracts that determine payouts based on whether the president uses specific words or phrases in a speech.

Hyperliquid's Largest Bull Opens 1,000 BTC and 38,000 ETH Longs, Holding $170M in Long Positions

Odaily News: According to on-chain analyst Ember's monitoring, from yesterday to early this morning, Hyperliquid's largest bull opened long positions in Bitcoin and ETH through multiple addresses. Currently holding $170 million in long positions, with a total of 1,000 BTC and 38,000 ETH longs opened. The average entry price for Bitcoin is $78,757, and for ETH is $2,478.6, with current losses of $2.39 million.

US HYPE Spot ETFs See Net Inflow of $4.48M in a Single Day

Odaily News: According to SoSoValue data, yesterday (Aug. 28, Eastern Time), HYPE spot ETFs saw a total net inflow of $4.48 million in a single day.

Only the Bitwise Hyperliquid ETF (BHYP) saw net inflows yesterday, with a single-day net inflow of $4.48 million, bringing its historical total net inflow to $154 million.

As of press time, the total net asset value of HYPE spot ETFs is $439 million, with a HYPE net asset ratio of 2.47%, and the historical cumulative net inflow has reached $344 million.

US SOL Spot ETFs See $18.08M Net Inflow in a Single Day

Odaily News: According to SoSoValue data, yesterday (Aug. 28, Eastern Time) SOL spot ETFs saw a total net inflow of $18.0813 million in a single day.

The SOL spot ETF with the highest net inflow yesterday was Bitwise Solana Staking ETF (BSOL), with a single-day net inflow of $11.1966 million, bringing its historical total net inflow to $1.022 billion.

Next was Grayscale Solana Trust (GSOL), with a single-day net inflow of $3.5268 million, bringing its historical total net inflow to $131 million.

As of press time, the total net asset value of SOL spot ETFs is $1.426 billion, with a SOL net asset ratio of 2.35%, and the historical cumulative net inflow has reached $1.34 billion.

U.S. XRP Spot ETFs See $26.2M Net Inflow in a Single Day

Odaily News: According to SoSoValue data, yesterday (Aug. 28, Eastern Time) XRP spot ETFs saw a total net inflow of $26.1964 million.

The XRP spot ETF with the highest net inflow yesterday was Bitwise XRP ETF (XRP), with a single-day net inflow of $15.3981 million, bringing its historical total net inflow to $603 million.

Next was Canary XRP ETF (XRPC), with a single-day net inflow of $5.1198 million, bringing its historical total net inflow to $483 million.

As of press time, the total net asset value of XRP spot ETFs is $1.439 billion, with an XRP net asset ratio of 1.66%, and the historical cumulative net inflow has reached $1.663 billion.

Data: US HYPE spot ETF single-day net inflow of 4.4799 million USD

According to SoSoValue data, yesterday (Eastern Time August 28), the HYPE spot ETF had a total net inflow of $4.4799 million in a single day. Yesterday, only the Bitwise Hyperliquid ETF (BHYP) had a net inflow, with a single-day net inflow of $4.4799 million, and the historical total net inflow has reached $154 million.As of the time of writing, the total net asset value of the HYPE spot ETF is $439 million, with a HYPE net asset ratio of 2.47%, and the historical cumulative net inflow has reached $344 million.

Former White House Teleprompter Operator Fined $172,500 for Illegal Trading on Trump Speech Information

Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) on Friday ordered former White House teleprompter operator Gabriel Perez to pay $172,500 for illegally trading on the prediction market platform using early access to Trump's speech content. Under the settlement agreement with the CFTC, Perez must disgorge $107,500 in illegal profits and pay a $65,000 civil monetary penalty. He also agreed to a three-year trading ban and pledged to cease and desist from violating the Commodity Exchange Act and CFTC regulations. The CFTC noted that Perez traded Trump "mention market" contracts on the Kalshi platform while employed at the White House from December 2025 to February 2026.

Catcher Predict: "Winston-Salem Open: James Duckworth vs Arthur Fery" "Winston-Salem Open: James Duckworth vs Arthur Fery Second Set Winner" Winning probability skyrocketed to 27.45%

According to monitoring by Catcher Predict, in the predicted market Polymarket for the event "Winston-Salem Open: James Duckworth vs Arthur Fery," the "Duckworth" option in the sub-market "Winston-Salem Open: James Duckworth vs Arthur Fery Second Set Winner" experienced a dramatic fluctuation in winning probability, soaring from 27% an hour ago to the current 54.45% (a fluctuation of 27.45%). Please note the impact of relevant breaking news.

Fogo Foundation Hacked, Approximately 400 Million FOGO Tokens Transferred

Odaily News: An unknown attacker breached the Fogo Foundation, and approximately 400 million FOGO tokens were transferred to a malicious address. The Fogo Foundation has notified major exchanges and is in communication with law enforcement and blockchain forensics experts. This incident will not affect the Fogo blockchain itself, and the network remains operational. The Fogo Foundation will provide further updates as more information becomes available.

Sun Yuchen Responds to Dispute: Legal Proceedings Underway, Will Accept Any Outcome

Odaily News: Sun Yuchen issued a statement responding to recent disputes, saying that the matter between the two parties is an ordinary civil property dispute that has now entered legal proceedings. He respects the court, the judicial process, and all rights of the other party, and will accept whatever the final outcome may be.

Sun Yuchen also stated, "This matter ends with me," and expressed hope that Jing Tian's future life will no longer be affected by this issue.

Sun Yuchen responds again to the dispute: has entered judicial proceedings, will accept the outcome regardless of what it is

Sun Yuchen posted a response regarding recent related disputes, stating that it is an ordinary civil property dispute between both parties, which has now entered the judicial process. He respects the court, the judicial process, and all rights of the other party, and will accept the final outcome regardless of what it may be.Sun Yuchen also stated, "This matter ends with me," and expressed hope that Jing Tian's future life will no longer be affected by this issue.

Bit-Linked Entity Adds to Long Position to 29,500 ETH, Total Value $72M, After Previous Profit of $55.095M

Odaily News: According to on-chain analyst Ai Yi's monitoring, the bit-linked entity (0x6c9…259a4), which previously made a profit of $55.095 million on long positions, opened a long position of 8,000 ETH during the ETH decline in the early morning, with an entry price of $2,440.49. Currently, this entity holds a total of 29,500 ETH in long positions, valued at $72 million, making it the fifth-largest ETH position on Hyperliquid, with an unrealized loss of $1.042 million.

Data: Cumulative long position value of 72 million USD, with a profit of 55.095 million USD, the bit-related entity increased its holdings to 29,500 ETH

According to on-chain analyst Ai Yi's monitoring, a bit-related entity (0x6c9...259a4) that previously made a profit of 55.095 million dollars opened a long position of 8000 ETH during the drop of ETH in the early morning, with an opening price of 2440.49 dollars.Currently, this entity holds a total of 29,500 ETH long positions, valued at 72 million dollars, making it the fifth largest position in ETH on Hyperliquid, with an unrealized loss of 1.042 million dollars.

CZ on Sun Yuchen Dispute: No Need for Personal Attacks, Better to Resolve Through Legal Channels

Odaily News: CZ recently commented on the emotional and property dispute involving Sun Yuchen, stating that while aggressive marketing is acceptable, there is no need to use the incident for personal attacks or even affect the other party's future career development. Compared to disclosing unnecessary details, it is better to resolve the matter directly through legal channels. He hopes both parties can handle it properly and respect each other.

CZ later added that the crypto industry should set higher standards for itself. In response, Sun Yuchen expressed agreement, saying, "Respect each other, resolve properly, leave the rest to the court, I won't say more."

The U.S. House of Representatives will vote on the temporary funding bill next Tuesday

The U.S. House of Representatives will vote next Tuesday on a temporary funding bill. This vote will use the "suspension of the rules" procedure, which means the bill must receive a two-thirds majority support from those present to pass. This high threshold voting procedure is typically used for legislative matters that are less controversial and have bipartisan consensus.The background for this vote is the funding deadline pressure facing the U.S. federal government. The federal funding for the current fiscal year will expire on September 30, and if Congress fails to pass a new funding bill or a temporary continuing resolution before then, the federal government will face the risk of a partial shutdown. Previously, the House and Senate have each advanced their own temporary funding proposals aimed at extending government funding into the fall.

Interchain Foundation Launches Grant Program to Support Chains Affected by Cosmos EVM Incident

Odaily News: The Interchain Foundation (ICF) stated that the recent Cosmos EVM incident has impacted some teams relying on Cosmos technology for deployment, and therefore it will establish a discretionary grant program to provide support to affected chains that cooperate with remediation efforts.

In addition, the ICF will work with the community to invest resources in strengthening security practices, infrastructure, and incident response capabilities within the Cosmos ecosystem. Details of the grant program will be announced in the coming days.