Grayscale: Zcash mining profitability is significantly higher than Bitcoin’s, with mining activity surging more than 2.5 times this year.

X user @trynafindbebe posted that an INDEX token has appeared on Robinhood’s crypto platform. The page is labeled under the old project Index Cooperative, but its displayed price and trend align more closely with the Robinhood Chain’s INDEX token rather than Index Cooperative’s governance token on Ethereum. The user also alleged that Robinhood co-founder Vlad Tenev liked their related post on August 4, and the said INDEX token showed up on the app the next day. As of press time, Robinhood has not officially confirmed the listing time, nor clarified whether the like was connected to the token’s inclusion. On the same day, tracking account NewListingsFeed announced “INDEX and COOPERATIVE have been added to Robinhood’s tradable assets”, noting that the update reflects a change to the platform’s asset list that day but is from automated monitoring and not an official announcement. Separately, market reports state that the INDEX-related page on Robinhood has returned a 404 error.

Founder of BTC.TOP (B.TOP) mining pool Jiang Zhuoer posted that he booked a profit despite taking a wrong short position on Bitcoin (BTC). Using the price at 8:29:47 PM today and the current screenshot price as benchmarks, his three trades were: a full short BTC position executed between $77,226 and $78,730.74, resulting in a 1.95% loss; a full spot Ethereum (ETH) position traded between $2,467.61 and $2,609.31, generating a 5.74% gain; and a 5% spot BNC position traded between $4.81 and $5.305, yielding a 0.51% gain. The total profit from these operations was approximately 4.3%. Jiang Zhuoer also stated today that he has sold his entire BTC position at $77,226. Yesterday, he noted that following the release of the latest U.S. Producer Price Index (PPI) data, the probability of a Federal Reserve interest rate hike rose to 70%. He added that he expects tomorrow’s Consumer Price Index (CPI) data will not be favorable, so he has prepared to take a short position.

According to GMGN market data, Artificial Inu (AI), a meme coin linked to crypto-stocks on the Robinhood chain, saw its market capitalization briefly approach $300 million, hitting a recent high. It is now trading at $265 million, with a 38.1% 24-hour gain and $30.2 million in trading volume. Artificial Inu is issued via Long.xyz, the issuance platform on the Robinhood chain, and is paired with Nvidia (NVDA) stock. Long.xyz has launched LongX Expansion, which supports packaging 3x leveraged NVDA positions on Lighter into ERC20 tokens, enabling minting/burning, DEX pool trading, and liquidity pairing. The platform has also explicitly stated that transaction fees will flow back to the AI token, making Artificial Inu effectively the de facto "platform token" of Long.xyz at this stage. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks. Unlike meme coins paired with USDT or ETH, these tokens are directly paired with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL), retaining meme coins' high volatility and community-driven speculative traits while anchoring the popularity and narrative of real stocks. A portion of transaction fees typically flows back to the community treasury to accumulate corresponding stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". BlockBeats reminds users that token prices are highly volatile, so investment requires caution.

According to CNBC, the hedge fund Situational Awareness, run by self-styled "AI stock guru" Leopold — who nearly faced liquidation this summer — appears to be staging a comeback, resuming its activity in the options market. A source familiar with the development said founder Leopold has been repurchasing options since last weekend through early this week, with underlying assets largely matching its prior "AI infrastructure/storage" investment thesis: SK Hynix, SanDisk, AMD, Bloom Energy, CoreWeave, plus the storage-themed Roundhill Memory (DRAM) ETF. The options position totals hundreds of millions of dollars. It remains unclear whether these new options purchases are backed by newly raised public market capital or leftover funds from the July sell-off. In July, the hedge fund Situational Awareness, managed by Leopold, a former OpenAI researcher nicknamed the "AI stock guru," suffered a severe setback. The fund, which once held over $45 billion in assets under management (AUM) at the start of the month, faced mounting margin pressure as AI-related stocks in storage, power and computing sectors plunged this summer. It was forced to offload nearly all its public market stock positions at a discount to Citadel Securities, cutting its total size to roughly $10 billion, while retaining private positions — particularly its stake in Anthropic.

Well-known trader Bonk Guy stated in his prediction that PON will become the first utility token to reach a $1 billion market cap in this cycle, while USELESS will be the first meme coin to hit that milestone in the same period. GMGN data shows PON currently has a market cap of $650 million, having previously peaked at $990 million. USELESS reached a cycle high of $330 million, and now stands at a $250 million market cap. BlockBeats reminds users that token prices are highly volatile, so investment should be approached with caution.

INDEX and COOPERATIVE have been added to Robinhood’s tradable assets, allowing users to trade them directly via the Robinhood App. INDEX (The Index) is an RWA protocol token built on Robinhood Chain. After users hold a certain amount of INDEX, the protocol uses 3% of generated transaction fees to purchase a basket of tokenized U.S. stocks (including AAPL, NVDA, TSLA, etc.), which are automatically airdropped to holders’ wallets every 15 minutes—no staking or manual claiming required.