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1Bitget Daily Digest（September 12）｜First US Spot XRP ETF Launches Today; Grayscale Applies to Convert Multi-Asset Trusts to ETFs; BTC Longs Face Increasing High Leverage Risk2XRP Loses Nearly 50% of Active On-Chain Accounts; Price Could Be at Risk While Breakout Remains Possible3Bitcoin Clears $112,000 Wall, Eyes Return to $120,000 as Hodlers Double Down
BTC and S&P 500 Show 80% Correlation Spike
Bitcoin and S&P 500 correlation hits 80%, driven by shared macro factors like interest rates and risk sentiment.High Correlation Is Rarely StableWhat This Means for Traders
Coinomedia·2025/08/08 17:05
Ethereum Cracks $4,000 for First Time in 8 Months
CryptoNewsNet·2025/08/08 17:00
SEC Green Light on Liquid Staking Sends ETH Past $4K, Spurs Broad Staking and Layer-2 Rally
CryptoNewsNet·2025/08/08 17:00
XRP Army Celebrates Being on 'Right Side of History’ as SEC’s Ripple Lawsuit Ends
CryptoNewsNet·2025/08/08 17:00
Solana SPAC Deal Collapses: What This Means for Accelerate and Crypto Ventures
BitcoinWorld·2025/08/08 16:55
Ethereum Price: Explosive Surge as ETH Reclaims $4000 Milestone
BitcoinWorld·2025/08/08 16:55
Bitcoin Accumulation Unleashed: Sub-100 BTC Wallets Surge Past New Supply
BitcoinWorld·2025/08/08 16:55
VivoPower Ripple Shares: A Game-Changing $100M Investment in XRP Strategy
BitcoinWorld·2025/08/08 16:55
Oil Prices Plummet: Crucial Ukraine Deal Hopes Impact Energy Market
BitcoinWorld·2025/08/08 16:55
CleanSpark’s Alarming $185M Tariff Threat on Bitcoin Mining Rigs
BitcoinWorld·2025/08/08 16:55
Flash
- 00:59UK government: US companies plan to invest over £1.25 billion in the UK financial services sectorJinse Finance reported that the UK government announced on Saturday that the US private sector will invest over £1.25 billion (approximately $1.69 billion) in the UK's financial services sector, including PayPal, Bank of America, Citigroup, and S&P Global. The statement said that these new US investments will create 1,800 jobs in the UK and bring greater convenience to millions of customers. The statement also pointed out that this agreement promotes £20 billion in trade between the two countries, including a £7 billion commitment that BlackRock is expected to make in the UK. According to the statement, Bank of America will create up to 1,000 new jobs in Belfast, marking the bank's first business operation in Northern Ireland; Citigroup will invest £1.1 billion in its UK business; S&P Global will invest £4 million in Manchester, creating 200 permanent positions.
- 00:56CARDS market cap surpasses $650 million, reaching a new all-time highAccording to ChainCatcher, based on GMGN market data, the Solana ecosystem physical card trading platform Collector Crypt's token CARDS briefly surpassed a market capitalization of $650 million, reaching a new all-time high. It has now retraced to $620 million, with a 24-hour increase of 44% and a 24-hour trading volume of $26.5 million.
- 00:40Data: A user’s short position on PUMP has an unrealized loss of $35 million, with total losses exceeding $44.1 million.According to ChainCatcher, crypto analyst Ember@EmberCN has monitored that the account named “btc@tuta.com” on Hyperliquid currently holds the largest PUMP short position. The account is shorting 8.56 billions PUMP with 5x leverage, with a position value of $64 million and an entry price of $0.00338. However, the current price of PUMP has more than doubled since the entry, resulting in an unrealized loss of approximately $35 million. The account also holds other short positions such as SOL and LINK, with total unrealized losses reaching $44.1 million. Analysis suggests that due to its frequent trading, this account may be engaged in arbitrage or hedging strategies.