A prominent trader notes that the Clarity Act will play the same role crypto ETFs served in the last cycle, and Bitcoin could bottom out and rally ahead of the bill’s passage.

Nate, founder of Robinhood-linked meme coin launch platform Long.xyz, announced in a post that he plans to roll out two updates tomorrow. Nate had previously teased that he would "develop an issuance mechanism independent of blockchains, crypto, and the meta-cycle."

According to the latest data from CoinMarketCap, as of last week, the total value locked (TVL) of the global tokenized stock market reached $2.55 billion, the number of holders exceeded 1 million, on-chain trading volume hit $1.7 billion, and active traders rose to 235,000. Among the platforms, bStocks accounted for 26% of the total TVL but contributed 88% of the entire market’s on-chain trading volume, making it one of the most active platforms in the current tokenized stock market. Ondo held a 42% share of the TVL, with its corresponding trading volume making up only 2% of the total; xStocks took 32% of the TVL, while its trading volume share stood at 10%. The data shows that nearly 90% of global tokenized stock trading volume comes from bStocks, reflecting growing user participation in on-chain stock trading.

According to TradingBeats’ monitoring, the address starting with 0xc8b5 — which netted nearly $11 million from SK Hynix (SKHX) — has set take-profit plans for its semiconductor storage long positions over the past two days, totaling $34.708 million. This includes yesterday’s SK Hynix (SKHX) position-reduction sell orders, and today’s additional ~$15.975 million in take-profit limit orders for Micron (MU). At 15:41 yesterday, the address placed 100 SKHX "position-reduction only" sell orders between $1,450 and $1,500, totaling ~9,663.8 units worth $14.254 million. These orders remain active and cover nearly all of the address’s SKHX long positions. At 00:39 today, the address added another 100 MU "position-reduction only" sell orders between $1,050 and $1,080, totaling 15,000 units worth $15.975 million. Combined with prior orders, its MU position-reduction sell orders now total 186, placed between $1,049 and $1,080, for a total of ~$20.454 million, covering all 19,257.65 MU long positions. MU is currently trading at ~$1,023.2, and would need to rally 2.5% to 5.6% to enter its take-profit order range. The address currently holds ~$13.372 million in SKHX long positions, with an unrealized profit of ~$413,000; its MU long positions are worth ~$19.704 million, with an average entry price of $1,037.19, still showing an unrealized loss of ~$269,000. Prior development: "Whale Tracking" — a smart money initiative in the semiconductor storage sector — planned to take profit on SK Hynix at $1,415. On-chain perpetual contract and address analysis tool TradingBeats is now live, supporting real-time Hyperliquid data access, tracing whale operations from their addresses, and delivering comprehensive in-depth analysis.

Beating AI News Flash: Meta AI researcher Andrew Tulloch is leaving Meta, less than a year after returning to the company from Mira Murati’s Thinking Machines Lab. Tulloch worked at TBD Lab led by Alexandr Wang—a core team in Zuckerberg’s current AI strategy. Semafor reports Tulloch had long planned to depart, but waited until after Meta rolled out its new batch of open-source AI models and the personal AI agent Muse. In 2025, Meta offered Tulloch a compensation package worth up to $1.5 billion over at least six years, including maximum bonuses and potential gains from Meta’s soaring stock price. Months later, Tulloch still joined Meta, though Axios noted the actual pay was lower than that earlier offer, with no specific amount disclosed. Tulloch previously spent 11 years at Meta, moved to OpenAI in 2023, and later co-founded the Thinking Machines Lab. His next destination remains unclear, and the reason for his departure has not been made public.

According to an official announcement, Upbit will list Bifrost (BFC) trading pairs against the South Korean won (KRW) and USDT, with trading set to open at 13:45 local time on September 10. Bifrost (BFC) is an EVM-compatible multi-chain infrastructure network focused on cross-chain DApps and BTCFi. Its BTCFi protocol allows users to mint the USD stablecoin BtcUSD using BTC as collateral, and to borrow and earn yields in multi-chain DeFi.

According to monitoring by TradingBeats, an address starting with 0xf517 on Hyperliquid once again lowered its BTC accumulation price this morning while keeping the planned purchase quantity unchanged. This morning, the address canceled its previous limit buy order for 385.72 BTC at $77,377, and simultaneously placed a new regular limit buy order for the same quantity at $76,377, with the current order value totaling around $29.46 million. As of press time, the address still holds a long position of approximately 78.31 BTC, valued at around $6.137 million, with an average entry price of $77,772.7, and an unrealized profit of roughly $47,000. If fully filled, its BTC long position will expand to approximately 464.03 BTC. BTC is trading at around $78,368 at the same time, meaning it would need to drop roughly 2.5% to hit the new accumulation price. TradingBeats, an on-chain perpetual contract and address analysis tool, is now live, enabling real-time access to Hyperliquid data—from address tracing to whale operations, offering in-depth analysis at a glance.