Meme crypto token FATCOIN hits a new all-time high, with its market cap surging past $7.5 million and jumping more than 450% in 24 hours. - Lookonchain

Yi Lihua: Bitcoin’s upside resistance level stands at $86,000, and the bull market trend has already begun.

On September 2, Yilihua, founder of Liquid Capital, stated that Bitcoin’s dip to $76,300 is a support level that will trigger a rebound. Overall, the trend aligns with expectations: after the correction, Bitcoin will continue its upward rally, with the next resistance level remaining around $86,000. If Bitcoin fails to break through $86,000 convincingly, investors may need to consider taking profit during this upward correction. While the market is constantly evolving, the bull market trend has already kicked off. Yilihua added that Bitcoin failed to break through the $81,000 resistance level a few days ago, leading to recent expectations of a correction, which is projected to bottom between $75,500 and $76,000 before resuming its rise toward the next resistance at $86,000.

9 minutes ago

Newly launched bank OpenReserve secures preliminary approval for a U.S. national banking charter.

Emerging bank OpenReserve has obtained preliminary approval for a national bank charter from the U.S. Office of the Comptroller of the Currency (OCC). The firm closed a $25 million seed funding round in April, led by a16z crypto, with additional participation from Jump Capital, Acrew, Coinbase Ventures, Clocktower, Quona, and Middle Eastern venture capital fund AAF Management. Led by fintech executives including MoneyLion co-founder Dee Choubey, the company aims to combine traditional banking services with blockchain infrastructure and digital asset offerings, leveraging digital assets and technology to deliver 24/7 operations. OpenReserve is also seeking insurance from the Federal Deposit Insurance Corporation (FDIC), having filed an application with the agency.

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Stablecoin payment infrastructure Diameter Pay completes $10 million Series A funding round.

Stablecoin payment infrastructure startup Diameter Pay has closed a $10 million Series A funding round, co-led by CMT Digital and Lightspeed Faction. Diameter Pay said that so far this year, it has processed over $10 billion in payments by enabling institutional clients to access U.S. dollar accounts, payment rails, and stablecoin deposit and withdrawal channels.

9 minutes ago

Meme cryptocurrency FATCOIN surges more than 500% in 24 hours, reaching a new all-time high with a market cap exceeding $10 million.

According to GMGN market data, the meme coin FATCOIN on Robinhood Chain has hit a new all-time high, with its market cap surpassing $10 million, surging over 5x in 24 hours and posting a 24-hour trading volume of $7.5 million. FATCOIN (nicknamed "Fat Coin") is paired with tokenized U.S. stock of weight loss drug leader Eli Lilly (LLY). BlockBeats Note: Stock Meme refers to an emerging trend that combines traditional meme coins with tokenized U.S. stocks: 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, etc.). This model retains meme coins' high volatility and community-driven speculative attributes while tapping into the popularity and narratives of real stocks. A portion of transaction fees is often returned to the community treasury to accumulate the corresponding U.S. stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". Note: Price volatility is significant, so investment requires caution.

9 minutes ago

Bitcoin has rallied by $3,000 in consecutive gains, firmly breaking through the $81,000 level.

According to HTX market data, Bitcoin has rallied by $3,000 in recent hours, surging past the $81,000 level, with a 5.2% gain in the past 24 hours.

9 minutes ago

Ethena's fee conversion vote passes, programmed ENA repurchases to begin.

Ethena Foundation announced that its fee conversion vote has passed with 100% approval, triggering the launch of programmed ENA repurchases that will gradually scale up as metrics and milestones are met. Per HTX market data, ENA surged over 10.5% in the 24-hour period, currently trading at $0.166. On August 27, the Ethena Foundation unveiled four adjustments to its ecosystem: repurchasing locked tokens held by early investors, further aligning the token’s value with equity, launching a governance proposal to use revenue for ENA repurchases, and canceling future monthly unlocks for venture capital (VC) investors.

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