Robinhood launches $200 million fund focused on Y Combinator-backed startups

Western Union has announced a partnership with Rain to launch Stablecard, a product integrating a digital wallet and a Visa-backed credit card, enabling users to hold, transfer, and spend the USDPT stablecoin. USDPT is issued on the Solana network by Anchorage Digital Bank, pegged 1:1 to the U.S. dollar and fully backed by reserve assets. Stablecard’s initial rollout covers 37 markets, where users can directly receive Western Union transfers to their USDPT wallets, make purchases at Visa-accepting merchants and ATMs, and add the card to Apple Pay and Google Pay. Western Union plans to expand the service to over 60 markets by the end of this year.

According to monitoring by TradingBeats (formerly Hyperinsight), Polymarket trader "TruongMyLan" invested $53.35 at midday today, buying the "Yes" outcome for "Will SNDK’s current quarter earnings beat expectations?" at an average price of 94 cents. At the time, the market had nearly reached a consensus on this: the "Yes" odds had held at around 95% for the hour before the trade, and did not change significantly after the transaction. On-chain control relationships show that "TruongMyLan" maps to a Hyperliquid address starting with 0x1c4. Approximately 4 hours and 11 minutes ahead of the forecasted bet, the trader executed 18 consecutive buy orders, building a long SNDK position of 122.5 contracts at an average price of $1,428.7, with a total transaction volume of around $175,100. As of press time, this address holds a 10x fully leveraged long SNDK position worth approximately $177,600, with margin used of around $17,800—accounting for 46.5% of the account’s equity. The position has an unrealized profit of roughly $2,560, a return of ~14.6%, and a liquidation price of $1,079.6. After opening the position, the trader immediately set a full-position stop-loss at $1,286.4. In the afternoon, they placed 100 sell orders in the $1,559–$1,653 range, planning to sell 121.4 contracts—almost the entire position—with no additional buy orders placed below this range. Over the past 30 days, this trader has completed 4 SNDK trades, notching 3 wins and 1 loss, for a cumulative profit of approximately $26,600. Polymarket has a total of 61 earnings-related predictions in its history. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain information.

According to monitoring by @ai_9684xtpa, the address holding the largest KAITO position on Hyperliquid has added margin. The two addresses together currently hold an unrealized loss of $1.17 million. On August 3, two new addresses opened a combined $6.94 million 5x long position as the token price declined, with entry prices of $1.1178 and $1.1117 respectively. The address starting with 0x2be added $1.953 million in USDC as margin half an hour ago; it remains unclear whether this move is to reduce liquidation risk or add to the long position.

A-share's three major indexes opened lower before rallying collectively. By the close, the Shanghai Composite Index rose 1.47%, the Shenzhen Component Index gained 1.86%, and the ChiNext Index increased 1.32%. The STAR 50 Index jumped 4.78%. The combined turnover of Shanghai and Shenzhen bourses reached 2.66 trillion yuan, up 446 billion yuan from the previous trading day. The storage chip concept sector was strong throughout the session, with Zhengfan Technology hitting its 20% daily limit; the lithography machine concept sector was active, with Wogo Optoelectronics notching two consecutive daily limit boards; the precious metals concept sector strengthened, with Sichuan Gold and other stocks hitting daily limits.

CryptoQuant analyst Axel Adler Jr has released his August Bitcoin market outlook, noting BTC is currently around 50% off its cycle peak of $126,200 hit in October 2025, with its price approaching the on-chain aggregate holding cost, and expects the cryptocurrency will likely trade sideways in August. The report outlines three scenarios: The base case (55% probability) sees BTC moving between $57,700 and $67,000, ending the month at $60,000 to $64,000. The bear case (30% probability) would see BTC break below $57,700, further testing the on-chain realized price of roughly $52,800. The bull case (15% probability) requires BTC to hold above $67,000, supported by sustained ETF inflows, falling US Treasury yields, and a weaker dollar, with a target range of $71,000 to $74,000. While BTC’s current valuation is near its on-chain cost zone and spot Bitcoin ETFs remain net inflows, providing market support, high interest rates, elevated US Treasury yields, and a strong dollar continue to cap upside for risk assets. The report also warns to monitor August macro events including US nonfarm payrolls, CPI, and the Jackson Hole Economic Symposium for their impact on market liquidity.

According to Bitget market data, spot gold has surged $100 intraday, currently quoted at $4177.78 per ounce, with a 2.47% increase.