A whale is considering a long position after news of Jupiter's decision to halt JUP repurchases, with the current position size at $1.15 million

According to GMGN data, SPACEHOOD, a meme coin paired with the SPCX stock issued via Long.xyz on the Robinhood chain, has hit a new all-time high with a market cap exceeding $21 million. Its current market cap stands at $15 million, up over 27% in 24 hours, with a 24-hour trading volume of $11.4 million, ranking third in Long.xyz’s 24-hour volume rankings. Stock Meme, an emerging trend merging traditional meme coins with tokenized U.S. equities, operates on a distinct mechanism: instead of pairing with USDT or ETH, meme coins form trading pairs directly with on-chain U.S. stock tokens (e.g., NVDA, TSLA, AAPL). This model preserves meme coins’ high volatility and community-driven speculative traits while tapping into the popularity and narratives of real stocks. Typically, a portion of transaction fees flows back to community treasuries to accumulate the corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". BlockBeats reminds users that meme coins are highly volatile, so investment should be approached with caution.

On-chain analyst Ai Yi (@ai_9684xtpa) monitored that as ETH fell below $2,400, the whale holding a long position of 45,000 ETH has incurred an unrealized loss of $4.1 million. The whale added 28,300 ETH to its position on August 31 when ETH’s price dropped below $2,500. Its current latest position exceeds $107 million, ranking as the second-largest ETH position on Hyperliquid. The entry price is $2,486.37, liquidation price is $2,252.68, leaving a remaining buffer of $233.69.

AI programming startup Cognition AI is set to close a new funding round that will push its valuation to around $47 billion. According to sources familiar with the matter, the latest round is valued at roughly $1 billion. The sources added that Cognition’s demand for this round far outstripped expectations, so the final funding size could exceed $1 billion. The company has received nearly $10 billion in letters of intent to invest, with negotiations still underway and specific details subject to change.

Pump.fun official announcement: The limit order feature for the Solana blockchain is now live, enabling users to set take-profit and stop-loss orders in the Pumpfun application.

According to Bitget's market data, spot gold dipped to $4,300 per ounce, down 0.67% on the day.

Berkshire Hathaway CEO Greg Abel is set to appear on CNBC’s *Squawk Box* on the morning of September 2 (Eastern Time, around 6 a.m. ET, corresponding to approximately 6 p.m. Beijing time today) for an interview with Becky Quick and other hosts. The appearance marks a rare media outing for Abel. While the show’s question lineup hasn’t been finalized, the interview is expected to touch on the conglomerate’s stock repurchase plan, with market attention centered on capital allocation, share buybacks, and risks related to its energy utility business.