Memecoin's share in the total market value of altcoins has fallen to a historic low
Cryptoquant analyst Darkfost pointed out that the proportion of Memecoin the total market value of all altcoins has fallen to a historic low.
Cryptoquant analyst Darkfost pointed out that the proportion of Memecoin the total market value of all altcoins has fallen to a historic low.
[U.S. Inflation Data and Coinbase Perpetual Futures Migration Become the Focus of the Crypto Market This Week] According to CoinDesk, this week the crypto market is focused on U.S. inflation data, central bank rate decisions, and industry events. The U.S. will release the August Producer Price Index and Consumer Price Index, while the European Central Bank and the Russian Central Bank will announce rate decisions. Coinbase is expected to migrate perpetual futures trading support from Coinbase International Exchange to Deribit. Blockstream plans to release the Core Lightning 26.06.7 security patch source code. GameStop and Canaan Technology will announce their earnings. Governance votes will take place for Equilibria Finance, ENS DAO, Lisk, and Compound; token unlocks are scheduled for Stable, Aptos, and Pump. Conferences such as Boston Blockchain Week, Stablecon USA, Crypto Expo Dubai, Web3 Warsaw, ChainCamp, and ETHTaipei will be held this week.
Binance Wallet stated that Binance Alpha is the first platform to launch Canopy (CNPY), and the launch and trading of Alpha will begin at 20:00 (UTC+8) on September 7th. Users holding at least 235 Binance Alpha points can apply for 180 CNPY token airdrops on a first come, first served basis. If the activity is not over, the score threshold will automatically decrease by 5 points every five minutes.
[Tesla Cybercab Launches in Austin, Morgan Stanley Maintains $400 Target Price] According to Trend Research, a Morgan Stanley report on September 4 noted that Tesla Cybercab has officially launched in Austin, with Texas DMV data showing 45 vehicles registered, up from 7 previously. Tesla's unsupervised autonomous driving mileage has surpassed 1 million miles, an increase of over 160% compared to 380,000 miles in the second quarter. The Cybercab is expected to be priced below $30,000, with an operating cost of less than $0.20 per mile. Morgan Stanley maintains a neutral rating with a target price of $400. A 10% change in the FSD adoption rate could impact the valuation of network services by approximately $18 per share. The NHTSA has initiated a review to determine whether the Cybercab complies with federal motor vehicle safety standards. Morgan Stanley's valuation breakdown includes $45 per share for the core automotive business, $144 for network services, $120 for the Robotaxi network, $35 for energy, and $56 for humanoid robots. Downside risks include regulatory uncertainties, intensified competition, and risks in the Chinese market.
[Measures for the Administration of Online Marketing of Financial Products to Be Implemented on September 30, 2026, KOLs Required to Be Certified] According to Caixin, the 'Measures for the Administration of Online Marketing of Financial Products' jointly issued by the central bank and eight other departments will be implemented on September 30, 2026. It stipulates that financial product marketers must possess professional qualifications and obtain authorization, and KOLs promoting financial products must be certified.
[Smart Money Address Goes Long on ZEC, Accumulated Profit of $11.37 Million] According to on-chain analyst Ai Yi's monitoring, the smart money address @yixie10 holds a $20 million ZEC long position with 2x leverage. As ZEC's price has risen approximately 22% since September 4, the unrealized profit is estimated at $10.34 million. Combined with realized gains of $1.038 million, the total accumulated profit has reached $11.37 million.