BTC trades at $77,726, down 0.36% over 24 hours, while ETH is at $2,417.66, down 1.56%. The U.S. 10-year Treasury yield is 4.712% and gold futures are at $4,497.30. In the latest session, the S&P 500 fell 0.25% and the Nasdaq 100 declined 0.70%, while WTI and Brent rose 1.88% and 2.10%, respectively.
1. BTC gains more than 30% in August as volume stays near a three-year low
On August 31, BTC trades at $77,726. Its August gain exceeds 30%, but volume across major markets remains near its lowest level since September 2023. Price and volume are moving in opposite directions, with volume measuring how much capital is actively trading.
Assets to watch: BTC
2. PONS gains about 30% in 24 hours
On August 31, PONS trades at $0.3043, up about 30% over 24 hours, with roughly $73.61 million in volume. On-chain monitoring shows that one address invested $115,000 in PONS 46 days ago and now has more than $2.82 million in profit on that position, a return of about 2,456.6%. Meme coin ownership can be highly concentrated, so one address's return does not represent the market as a whole.
Assets to watch: PONS
3. XMR advances against the market as its largest holder earns more than $3.15 million
On August 31, XMR trades near $493, up 4.34% over 24 hours, with about $184 million in volume. On-chain monitoring shows that the largest holder has accumulated more than $3.15 million in realized and unrealized profit over 23 days. The holder closed half the position the previous night for a $1.637 million gain and still holds 16,000 XMR at 4x leverage with more than $1.53 million in unrealized profit. Leverage magnifies both gains and losses.
Assets to watch: XMR
4. Crypto liquidations reach $73.49 million, with shorts accounting for more than 70%
On August 30, crypto liquidations totaled $73.4854 million over 24 hours. Short liquidations were $53.5526 million and long liquidations were $19.9328 million, while BTC and ETH accounted for $22.8116 million and $9.5136 million. A liquidation is the forced closure of a leveraged position and is separate from spot trading volume.
Assets to watch: BTC, ETH
5. Tectonic security incident involves about $74 million as Cronos pauses
On August 31, a security incident at Tectonic on the Cronos network involved an estimated $74 million. Before the network paused, the associated addresses moved only about $6 million to Ethereum, while about $60 million and $8 million remained on Cronos. The pause can limit further movement of affected assets, although the project has not confirmed the final loss or root cause.
6. Sony Music Publishing and Warner Chappell sue Anthropic
On August 31, Sony Music Publishing and Warner Chappell Music sued Anthropic in the U.S. District Court for the Northern District of California, alleging that tens of thousands of copyrighted works were used to train Claude models. The plaintiffs seek up to $150,000 for each work and an additional $25,000 for each alleged removal of copyright-identification data. These are allegations, and the court has not issued a ruling.
Assets to watch: ANTHROPIC
7. Zakura library speeds mobile Zcash proof generation by more than 14x
On August 30, Zakura released Zakura Common, an open-source cryptography and protocol library for the Zcash ecosystem. Its benchmarks show more than a 14x increase in mobile proof-generation speed, cutting wallet transaction-creation waits from more than three seconds to under 200 milliseconds in many cases. The library does not require a network upgrade, and Zakura 1.3.0 will adopt the new stack.
Assets to watch: ZEC
8. HYPE, SUI and EIGEN face scheduled token unlocks next week
Token Unlocks data shows that SUI will release about 13.53 million tokens on September 1, worth roughly $10 million and equal to 0.33% of circulating supply. EIGEN will release about 36.82 million tokens on the same day, worth about $7.2 million and equal to 5.48% of circulating supply. HYPE will release about 433,000 tokens on September 6, worth about $36.1 million and equal to 0.1% of circulating supply. The percentages compare new supply with the current circulating amount.
Assets to watch: HYPE, SUI, EIGEN
9. Robinhood DEX posts $702 million in daily volume
On August 30, Dune data showed $702 million in Robinhood DEX volume over 24 hours, its second-highest daily total on record. The figure measures turnover on the on-chain venue and is separate from Robinhood's consolidated brokerage revenue.
Assets to watch: HOOD
Market snapshot
BTC: $77,726 (24h -0.36%) | ETH: $2,417.66 (24h -1.56%)
Gold futures: $4,497.30 (-0.72%) | Silver futures: $66.44 (-0.83%)
WTI: $84.97 (+1.88%) | Brent: $89.95 (+2.10%)
S&P 500: 7,711.76 (latest session -0.25%) | Nasdaq 100: 29,433.43 (latest session -0.70%)