Robinhood Chain generated $13.05 million in revenue and contributed $1.3 million in revenue sharing to Arbitrarum
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Robinhood Chain generated $13.05 million in transaction fees within two months of its launch, and contributed $1.3 million in revenue sharing to the Arbitrarum ecosystem, driving up the price of ARB tokens.
According to TradingBeats monitoring, the first batch of $9.2974 million BTC pre buried by the giant whale at address 0xe2ad was sold, and 121.53 BTC were bought. The address currently holds multiple orders of 121.53 BTC with 20 times leverage, with a floating profit of approximately $89000.
US Secretary of Energy Wright stated that oil companies from the United States and other countries will sign an agreement in Caracas on Wednesday to more than double Venezuela's crude oil production in the coming years. Venezuela's crude oil production reached over 3 million barrels per day in the late 1990s and has been around 1.1 to 1.2 million barrels per day in recent months. Wright stated that the investments involved in the agreement will increase oil production and exert downward pressure on oil prices, with refining capacity currently the biggest bottleneck for gasoline and diesel prices. Wright also stated that thanks to the Trump administration's relaxation of refinery regulations, gasoline prices in the United States are expected to decline in the coming weeks.
On September 2nd, Andy Ross, the head of Kalshi's institutional business, announced that Kalshi has submitted an application to regulatory authorities to launch perpetual contracts based on foreign exchange and interest rates. The number of markets on this platform has increased from approximately 4000 to around 10000.
According to Crypto Briefing, TD Cowen has set its year-end target price for Bitcoin at $97500. Analyst Lance Vitanza pointed out that the adjustment is due to recent price weakness. TD Cowen has also lowered its Strategy target price from $400 to $260 and maintained a buy rating.