A prominent trader says Bitcoin has bottomed out near $68,000, and the trader is now aggressively buying in large volumes.

Hyperliquid’s third-quarter protocol revenue reached $190.9 million, rising 21.7% quarter-over-quarter, marking the highest single-quarter figure since 2026. USDC reserve yields and priority fees were the main drivers of the quarter’s revenue growth. USDC reserve yields have totaled $17.3 million as of August 27, accounting for roughly half of the quarter’s revenue increase. Priority fee revenue hit $9.6 million, about 3.3 times that of the previous quarter, primarily from traders paying for faster transaction execution and data access. The two revenue streams combined make up 14% of the quarter’s total protocol revenue, with their growth not dependent on trading volume growth.

Former Coinbase CTO and angel investor Balaji Srinivasan has called on NVIDIA’s employees, shareholders, partners and customers to submit demands to the company’s board of directors, urging the reinstatement of Jensen Huang as CEO and the resignation of the directors he accuses of pushing Huang to step down. Srinivasan questioned the national security allegations against Huang, arguing that if the claims are unsubstantiated, stakeholders hold sufficient influence to prompt the board to reconsider its decision. He noted that Huang’s return would better serve NVIDIA’s long-term value and is critical to the development of open-weight AI models. Citing OpenAI’s earlier management shakeup as a precedent, Srinivasan suggested first verifying the voting records of individual directors before pushing the board to reverse its call. He also warned that if the board does not shift its stance, it could face mass employee resignations, or lawsuits from shareholders, partners and customers alleging breach of fiduciary duty. Srinivasan emphasized that these are potential scenarios he outlined, not actions that have yet materialized.

Anthropic’s status page shows that after investigating authentication issues encountered by users logging into Claude.ai and Claude Code, the company has deployed a fix and is currently monitoring system recovery.

According to an official announcement, Binance will release adjustments to the USDT-denominated ANTHROPICUSDT Pre-IPO perpetual contract ahead of Anthropic’s official listing. Specific adjustment timelines and details will be announced separately. Until the new announcement is released, the contract will remain priced based on an estimated 1 billion shares. Per the S-1/A-2 filing submitted by Anthropic, the share count is expected to be adjusted to 13,116,075,288 shares. The ANTHROPICUSDT Pre-IPO perpetual contract’s underlying asset is the price of one common share of Anthropic, PBC (hereafter referred to as Anthropic). The share count is calculated based on the number of issued and outstanding common shares. Outstanding unexercised options, unsettled restricted stock units (RSUs), convertible securities not yet converted into common shares, shares issuable under the underwriter’s over-allotment option, and shares reserved for future ungranted issuance under equity incentive plans are not classified as common shares and thus excluded from the calculation.

Serenity stated in a post that Jensen Huang is irreplaceable for Nvidia. He noted that Nvidia’s existing product roadmap, business commitments, and revenue foundation remain intact, and as long as AI demand persists, the new management can still drive growth in its core business. However, he questioned whether a successor could match Huang’s ability to mobilize hundreds of billions of dollars in capital for next-generation technologies, secure supply chain commitments, and sustain an approximate 70% year-over-year growth rate amid capacity constraints. Serenity projected that the expansion of Nvidia’s ecosystem may slow down. For new projects beyond its current architecture, a successor may not be willing to make the same level of commitments to emerging cloud service providers and supply chain partners in Taiwan, South Korea, and Japan. He also forecast that the new CEO may be more inclined to align with Washington’s restrictions on China’s access to GPUs and reduce support for open-weight models, a move that would benefit firms like OpenAI and Anthropic. He is also more cautious about Nvidia’s ability to maintain its competitive advantage over AMD, Broadcom, and major cloud service providers. Serenity emphasized that he remains bullish on the AI industry, adding that sectors such as optical communications and memory chips are still expected to outperform the broader market. What he has downgraded is his confidence in Nvidia’s next phase of growth beyond its current product roadmap, not his outlook on the entire AI sector.

According to Onchain Lens monitoring, a whale has just withdrawn another 742.5 BTC from Binance, worth approximately $51.48 million. Over the past 19 hours, the whale has received a total of 1042.5 BTC from Binance, valued at around $72.89 million. Currently, the wallet holds approximately 1,410 BTC, worth about $97.81 million.