Read in-depth analysis of crypto news
Odaily News: On August 25, Robinhood Chain's daily on-chain RWA trading volume reached $85.1 million, setting a new all-time high. Among this, tokenized stock trading volume was approximately $66.6 million, accounting for about 78% of the day's total trading volume; Meme coin and stock token trading pairs were approximately $10.4 million, ETF and U.S. Treasury-related trading was approximately $4.8 million, and commodities were approximately $3.3 million.
Data shows that the trading structure on Robinhood Chain has changed significantly recently. On July 26, Meme coin and stock token trading pairs once contributed about 73% of daily trading volume, but by August 25, this had dropped to about 12%, while the share of pure stock token trading rose to about 78%. In addition, Robinhood Crypto added 100 new stock tokens this month, and the number of on-chain stock tokens has now exceeded 190. (cryptopolitan)
Odaily News: According to Lookonchain monitoring, an address on Aster_DEX turned $24,000 into $275,000 in less than a month, achieving an 11x return. The address deposited $24,000 into Aster, used up to 100x leverage to go long on Bitcoin, ETH, and LINK, and realized over 10x gains on each trade. The address has withdrawn $91,000 in profits, with $184,000 still remaining on Aster.
Odaily News: DeFi protocol infiniFi announced that its TGE (Token Generation Event) is planned for Q4 2026.
Starting from 11:00 AM ET on August 26, until the TGE, infiniFi Points rewards will be significantly increased, adopting a new fixed allocation mechanism that will no longer be diluted by new participants.
Odaily News: Since Aug. 23, Bitcoin long positions have remained at a relatively stable level, with the market showing a neutral consolidation trend after the price increase. Since Aug. 17, Bitcoin short positions have been continuously declining, with some short funds steadily exiting the market. Currently, longs have not yet significantly increased their positions.
Monitoring shows that in the predict.fun prediction event for the LCK Play-In match between KT and BRO, the probability of KT defeating BRO is currently reported at 74%.
At 4 PM today, the winners' bracket final of the LCK Play-In will feature KT against BRO in a best-of-five series. KT enters the Play-In as the 5th seed in the regular season's Summit Group, while BRO advances as the 1st seed in the regular season's Nirvana Group; the winner will directly secure the 5th seed for the playoffs, while the loser will compete in the losers' bracket final on Aug. 28 for the last playoff spot.
In the final stretch of the regular season, KT's form declined sharply, suffering six consecutive losses and finishing 5th in the Summit Group with a 15-11 record; BRO, with a 10-16 record, claimed the 1st seed in the Nirvana Group thanks to a tiebreaker advantage.
Odaily News: According to HyperliquidNews monitoring, the EQAMN spot code was purchased for 500 HYPE, approximately $41,000.
Odaily News: Manus announced on X that its services have resumed normal and stable operation, and the data recovery feature is now open. Users who previously backed up their data can recover it at any time, with no deadline for recovery.
Manus stated that due to exceptionally high demand for data recovery yesterday, some users were unable to complete the recovery in time. The team has now increased the capacity and reliability of the relevant processes. Additionally, Manus will issue a "Welcome Back Bonus" to accounts affected by this incident.
Odaily News: DeepSeek's revenue reached $70 million by July 2026, an increase of about 10 times compared to 2025. (The Information)
Odaily News: According to a response from Machi Big Brother, Jeffrey Huang, recent reports claiming his investment portfolio returns surged 84 times are fake news. Earlier reports said he capitalized on last week's one-way upward market in crypto, rolling long positions from about $150,000 to approximately $11.15 million, recovering about $11 million in total. Over the past 10 months, his cumulative losses from long ETH positions were about $35 million; after this round of gains, his historical losses narrowed to approximately $24 million. Related on-chain data previously also showed that his historical cumulative losses remained in the tens of millions of dollars.
Odaily News: City Protocol disclosed that its seed and Pre-A funding rounds have raised a total of $11 million, with participation from Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, Mirana, and others. The project's main business is to bring structured products on-chain, providing integrated infrastructure for the issuance, operation, and acquisition of structured products through a tokenization layer, a vault layer, and an issuance and operations layer.
Odaily News: Nvidia will release its second-quarter earnings after the U.S. market close today. According to FactSet data, Wall Street expects the company's quarterly revenue to exceed $92 billion; Cantor Fitzgerald cited market consensus projecting Nvidia's third-quarter revenue to reach $103.7 billion.
With market expectations for Nvidia's performance already at a high level, this earnings report is seen as a crucial test for AI trades. CNBC's Jim Cramer stated that Nvidia's earnings have become a "referendum on the entire AI trade." Additionally, investors will focus on Nvidia's reliance on hyperscale cloud providers such as Amazon, Google, and Microsoft. Over the past year, Nvidia has exceeded market expectations on multiple revenue metrics, but its stock price has declined on the next trading day following each earnings release. (CNBC)
Odaily News: Citi Group expects South Korean companies to set a record for global bond and equity issuance in 2026. Firms are raising growth capital from international investors, highlighted by SK Hynix's $26.5 billion U.S. listing. Jangho Park, CEO of Citi Global Markets Korea, said on Wednesday that South Korea has an increasing number of "world-class companies and emerging industry leaders, who are increasingly leveraging capital markets at competitive financing terms to fund their growth objectives."
Citi's optimistic outlook comes as the country's two major chipmakers are becoming key beneficiaries of the global AI infrastructure buildout. South Korea is seeking to encourage companies, including Samsung Electronics and SK Hynix, to invest at least 1,350 trillion won ($975 billion) in chip and data center construction, though many projects are still in early planning stages. (Jin Shi)