Morning News | Robinhood added to S&P 500 index, Strategy excluded; Fed chair candidate pool narrowed to three; Trump exempts gold from global tariffs
Overview of Important Market Events on September 6Organizer: liec, ChainCatcher
Important News:
- U.S. crypto stocks mixed, BNC up 20%, Trump-affiliated ALTS and ABTC up about 15%
- Robinhood up over 7% after hours, to be included in the S&P 500 index
- ENA Treasury Company raises $530 million in refinancing, plans to invest $310 million in public purchase of ENA
- U.S. SEC and CFTC propose "24/7" trading for traditional financial markets
- Draft bill from U.S. Senate Banking Committee excludes staking, airdrops, and decentralized physical infrastructure networks from securities law
- Federal Reserve chair candidate pool narrowed to three, Trump reiterates support for Hassett
- Trump exempts gold from global tariffs
- OCBC issues $1 billion blockchain digital U.S. commercial paper
- Tether plans additional investment in Elemental Altus, XAUT market cap surpasses $1.35 billion, hitting new highs
Key Data from Yesterday :
U.S. crypto stocks mixed, BNC up 20%, Trump-affiliated ALTS and ABTC up about 15%
According to market data, U.S. stocks closed lower on Friday, with the Dow down 0.48%, the S&P 500 down 0.32%, and the Nasdaq down 0.03%. Crypto stocks were mixed, including:
- Coinbase (COIN) down 2.52%, trading volume $3.409 billion
- Circle (CRCL) down 2.49%, trading volume $1.292 billion
- Strategy (MSTR) up 2.53% (down 2.9% after hours), trading volume $4.655 billion
- Bullish (BLSH) up 6.81%, trading volume $221 million
- Bitmine (BMNR) down 0.36%, trading volume $1.779 billion
- BTCS (BTCS) down 0.94%, trading volume $14.056 million
- SharpLink Gaming (SBET) down 3.21%, trading volume $446 million
- BNB Network Company (BNC) up 20.09%, trading volume $7.4693 million
- ALT5 Sigma (ALTS) up 13.57%, trading volume $78.3698 million
- Trump family mining company American Bitcoin (ABTC) up 15.44%, trading volume $84.0477 million
Robinhood up over 7% after hours, to be included in the S&P 500 index
According to Jinshi reports, Robinhood's stock rose over 7% after hours, as the company announced it would be included in the S&P 500 index.
Project Updates from Yesterday :
Binance Alpha has launched STAR
According to the official page, Binance Alpha has launched STAR.
Coinbase's listing roadmap adds Keeta (KTA) and Noice (NOICE)
According to official news, Coinbase's listing roadmap has added Keeta (KTA) and Noice (NOICE). Following the addition to Coinbase's listing roadmap, Noice (NOICE) surged 155% briefly, currently priced at $0.0003, with a market cap of approximately $17.25 million. Keeta (KTA) is currently priced at $0.978, with a 24-hour increase of 18.4%.
OCBC issues $1 billion blockchain digital U.S. commercial paper
According to BusinessTimes, OCBC announced the issuance of blockchain digital U.S. commercial paper (USCP) worth up to $1 billion. This batch of six-month notes utilizes tokenized securities and on-chain funds, with records maintained and services provided on the blockchain. The first batch of notes has been issued, with the investor being a qualified investment institution, although OCBC did not disclose its name, stating that the exclusive dealer for this $1 billion blockchain digital U.S. commercial paper is JPMorgan.
SOL Strategies approved to list on Nasdaq on September 9, stock code STKE
According to Coindesk, SOL Strategies (HODL), a digital asset company listed in Toronto and focused on the Solana blockchain, has been approved to list its common stock on the Nasdaq Global Select Market. Trading will begin on September 9, with the stock code STKE. As of the end of August, the company held 435,064 SOL tokens.
Nasdaq-listed Blue Gold plans to launch gold-backed digital tokens
Nasdaq-listed Blue Gold announced plans to launch gold-backed digital tokens. The company currently owns a mine in Ghana (with licensing disputes). CEO Andrew Cavaghan revealed that the launched digital tokens will be linked to future gold production, stating, "I believe gold-backed tokens could succeed globally as a form of currency, as people can clearly feel the authenticity of these tokens, which can also be directly used for consumption or exchanged for physical gold."
Tether plans to make additional investments in Elemental Altus, a company listed for gold royalties, and has also negotiated with Terranova Resources, a gold mining investment vehicle in the British Virgin Islands, but no deal was reached. Tether acquired nearly 32% of Elemental Altus in June this year, aiming to integrate stable assets like gold and Bitcoin into its ecosystem.
Nasdaq-listed Bitcoin treasury company K Wave Media announced on the X platform that it has raised 9 billion Korean won (approximately $6.5 million) through the issuance of common stock to acquire a 55% stake in AI content studio Rabbit Walk and gain management control. After the transaction is completed, K Wave Media will leverage its virtual production and generative AI technology to expand into the Web3 content market and advance the construction of an IP copyright tokenization platform.
SharpLink Gaming plans to stake part of its ETH on the Linea mainnet
According to Cointelegraph, SharpLink Gaming (SBET) plans to stake part of its $3.6 billion Ethereum treasury on the Linea network after the mainnet launch on September 10.
Faraday Future to unveil C10&Crypto strategy and product plan on September 19 shareholder day
Nasdaq-listed Faraday Future announced that it will hold its annual "919 Futurist Day" and shareholder day at its global headquarters in Los Angeles on September 19, 2025. The company is expected to disclose details of its C10&Crypto strategic business plan and capital value realization roadmap, as well as the product deployment plan for the FF EAI Ecosystem Vehicle Chain.
On-chain data shows that Hyperlabs' "current and future core contributor" wallet address has just un-delegated 25.4 million HYPE (approximately $1.2 billion) from foundation validator nodes and reallocated it to multiple validator nodes. The total amount of HYPE currently delegated (including previous allocations) is 68,567,821.33 HYPE (approximately $3.24 billion).
Tether CEO: Crypto communication app Keet plans to support BTC, USDT, XAUT payments
Tether CEO Paolo Ardoino stated on the X platform that the smart development platform QVAC AI combined with the P2P crypto communication app Keet could make it a messaging app that supports all conversational AI functions, 100% local on-device and ensuring privacy, supporting translation, transcription, and summarization of any (audio) information, chatbot assistants, as well as payments in Bitcoin, Lightning Network, USDT, XAUT, etc.
Michael Saylor responds to Strategy's exclusion from the S&P 500 index: Thinking about it
Michael Saylor, founder of Strategy (formerly MicroStrategy), stated on the X platform, "Thinking about the S&P right now …", in response to Strategy's exclusion from the S&P 500 index.
Previously, it was reported that although Strategy met all the criteria for inclusion in the S&P 500 index, it ultimately was not selected, while Robinhood (HOOD) was unexpectedly included.
Marinade announces 300 million MNDE permanently burned, approximately $40 million
Solana liquid staking protocol Marinade announced that 300 million MNDE (30% of total supply, approximately $40 million) has been permanently burned.
Funding Dynamics from Yesterday
Ethena Labs announced on X that ENA Treasury Company StablecoinX has announced refinancing of $530 million as part of its ENA accumulation strategy. Thus far, StablecoinX has raised approximately $895 million through PIPE financing, and it is expected that after the transaction is completed, its balance sheet will hold over 3 billion ENA.
NYSE American-listed CleanCore Solutions announced that it has completed $175 million in private equity investment (PIPE) financing, with participation from MOZAYYX, Pantera, GSR, FalconX, Borderless, and Mythos.
Regulatory & Policy Dynamics from Yesterday
U.S. SEC and CFTC propose "24/7" trading for traditional financial markets
According to Decrypt, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins and Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham proposed several more proactive measures to support cryptocurrencies in a joint statement, including a proposal for a "24/7 market" for traditional financial markets, aimed at adapting the U.S. economy to the pace of the digital asset market.
SEC announces formation of international fraud task force to combat stock price manipulation
According to Crypto News, the SEC has announced the establishment of a Cross-Border Task Force aimed at investigating foreign fraud schemes, including market manipulation behaviors such as "pump and dump" and "short and distort."
The task force will also strengthen enforcement against "gatekeepers" (such as underwriters and auditors) that assist these organizations in entering U.S. capital markets. Additionally, the task force will review the role of foreign government control and other factors in securities law violations.
According to Coinness, the U.S. Senate Banking Committee has released a revised draft of the "Digital Asset Market Structure Act" (CLARITY). According to the draft, staking and airdrops are not subject to securities law, and decentralized physical infrastructure networks (DePIN) are also exempt from securities law. Additionally, the SEC and CFTC will form a joint advisory committee to jointly make decisions and resolve disputes in the cryptocurrency field. Furthermore, the draft retains provisions from previous drafts, such as self-custody protections and DeFi exceptions.
Federal Reserve chair candidate pool narrowed to three, Trump reiterates support for Hassett
According to Jinshi data, Trump stated on Friday that he is considering appointing National Economic Council Director Hassett to another position. Trump mentioned that he has a general idea of who to choose for the Federal Reserve chair, with Hassett being one of the three possible candidates. However, he declined to confirm that he would choose Hassett for the Federal Reserve chair.
Trump exempts gold from global tariffs
According to Jinshi, President Trump took action on Friday to exempt graphite, tungsten, uranium, gold bars, and other metals from his national tariffs while imposing tariffs on silicone products. According to the executive order released on Friday, these changes will take effect on Monday.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of September 6, 09:30:
The top five popular Ethereum tokens in the past 24 hours are: Xiaobai, QAI, YAKU, MHRD, USDUT
The top five popular Solana tokens in the past 24 hours are: MEMELESS, CR7, NOKKI, oni, cr7
The top five popular Base tokens in the past 24 hours are: SINGULARITY, ZORA, OWLS, UST, AERO
"What are the must-read articles in the past 24 hours?"
InfoFi encounters a chill: rule upgrades, shrinking profits, and platform transformation dilemmas
If we have reached the end of the InfoFi era, or are gradually approaching this point, I would not be surprised.
Since the rise of InfoFi, many have earned substantial profits, with some accumulating five-figure sums and others even six-figure sums. However, some signals now warrant our heightened vigilance.
Real World Bitcoin aims to transform idle bitcoins into productive financial tools. Real World Bitcoin is one of the core innovations in the real-world Bitcoin space, representing the shift of BTC from passive holding to being used as working capital for lending, liquidity provision, and collateral.
The next battle for stablecoins: the giant competition of stablecoin networks
In recent months, this pattern has begun to change. Circle launched Arc, Tether almost simultaneously released Plasma and Stable, and Stripe, in collaboration with Paradigm, launched Tempo. The emergence of three stablecoin public chains aimed at payments and settlements indicates that issuers are no longer satisfied with just issuing tokens; they want to control the network itself.
Is the end of stablecoins public chains? The new attempts of the three giants
In the evolution of the crypto market, stablecoins have always been the most important infrastructure. From the earliest USDT to the current USDC, DAI, and emerging USDe, stablecoins have become the core carriers of trading volume and liquidity. However, a trend that is accelerating is that stablecoin issuers are no longer satisfied with just being "tokens" but are starting to build their own public chains.
Risk warning
Risk warning
