river

The Bitcoin financial services platform River released a report stating that enterprises will be the largest buyers of Bitcoin in 2026, having net increased their holdings by 193,000 this year, bringing their total holdings to 1.64 million, accounting for approximately 7.8% of the supply. During the same period, the total amount spent by enterprises was $15.7 billion, a decrease of about two-thirds compared to the same period in 2025.The report states that Strategy and Strive together increased their holdings by 197,000, exceeding the total net purchases by enterprises; as of October, Strategy alone holds 848,000. Other Bitcoin treasury companies collectively purchased only 8,000, and the number of related companies decreased this year after growing sixfold in 2025. Large miners sold 32,800 this year, primarily for building artificial intelligence infrastructure. The number of publicly traded companies holding Bitcoin increased by 10% over the past year, with Robinhood and SpaceX going public in June and disclosing over $1.5 billion in Bitcoin holdings.River stated that its more than 4,000 corporate clients, in a survey conducted in September 2026, on average allocated 20% of their net profits to purchasing Bitcoin, with Bitcoin accounting for 39% of their treasury holdings. In terms of payments, approximately 1 million businesses in the United States can accept Bitcoin, with nearly 30,000 having completed payments, an increase of 36% this year. Block had launched native Bitcoin payments on the Square point-of-sale network in November 2025.

According to the official announcement, Gate will hold an F1 Red Bull driver meet-and-greet during TOKEN2049 in Singapore on October 7. As the official sponsor of the F1 Red Bull Racing team, Gate invites F1 World Champion and Red Bull Racing driver Max Verstappen along with teammate Isack Hadjar to appear at the Gate Lounge, where they will interact with fans through signing sessions and photo opportunities.According to the event schedule, the meet-and-greet will take place on October 7 from 18:30 to 19:30, with both drivers present at the same time, allowing guests to complete signing and photo sessions in turn. This event is also part of Gate's series of activities at TOKEN2049 Singapore, where Gate aims to further expand the connection between digital assets and global sports and popular culture through cross-industry collaboration with top motorsport.From October 7 to 8 during TOKEN2049 in Singapore, Gate will also set up a brand booth and exclusive Lounge on-site. Gate's founder and CEO Dr. Han will deliver a keynote speech on the main stage of the event. Through the global influence of the F1 Red Bull Racing team, Gate will extend the reach of its digital asset brand into a broader international sports context, further promoting the exchange between Web3 and mainstream culture.

The two-day AI Summit (China·Chongqing Station) hosted by Star River has successfully concluded on September 29, 2026. Star River founder Jemmy, co-founders River He and Bison Liu attended the summit and engaged in in-depth discussions with the guests present.This summit focused on cutting-edge innovations in the AI industry, discussing the implementation of technology applications and the construction of industrial ecosystems. Several industry guests shared the latest practices and thoughts on the implementation of AI in the industry. DGrid AI participated in the topic discussions as a partner. DGrid AI is a decentralized AI intelligent reasoning network that provides developers with low-cost, verifiable AI multi-model calling services through a unified access layer, which attracted attention on-site.Participants engaged in in-depth discussions on topics such as the implementation of AI technology applications, the construction of developer ecosystems, and collaborative innovation in the industry, reaching multiple consensuses. The organizer, Star River, stated that it will continue to build industry exchange platforms in the future to promote AI technology innovation and industrial implementation.

The AI Summit (China·Chongqing Station) hosted by the renowned Asia-Pacific incubator Star River is about to open, with the event scheduled for September 28, 2026. Star River founder Jemmy, co-founders River He and Bison Liu will attend the summit.This summit focuses on cutting-edge innovative technologies in the AI industry, conducting in-depth discussions around the application of AI technology and the construction of industrial ecosystems. DGrid AI, as a partner of this summit, will participate in discussions on relevant topics. DGrid AI, as a decentralized AI intelligent reasoning network, provides developers with low-cost, verifiable AI multi-model calling services through a unified access layer.The summit gathers industry peers and sincerely invites AI enthusiasts from all walks of life to come and exchange ideas, jointly exploring new opportunities in the AI industry and promoting collaborative innovation and development in the industry.

Bitcoin financial services company River released a report written by Sam Baker, stating that the traditional 60/40 stock-bond portfolio is no longer applicable and recommending that long-term investors increase their Bitcoin allocation to up to 10%.The report indicates that from 1980 to 2020, the annualized return of this portfolio was about 5% to 15%, but inflation, debt, and the correlation between stocks and bonds have reversed, with U.S. Treasury bonds exceeding $40 trillion by August 2026. Simulations over the past decade show that by replacing part of the bonds with 10% Bitcoin, the portfolio's terminal value increased from $25,364 to $60,595, with the maximum drawdown only increasing by 6 percentage points. As of August 2026, Bitcoin accounts for about 0.5% of global financial assets.

According to token unlock data from the crypto asset data platform RootData, River (RIVER) will unlock approximately 1.56 million tokens at 0:00 on September 22, Beijing time, worth about 1.86 million USD.

Crypto KOL Him, in response to the community's question about whether an airdrop plan will be launched this week, stated that the airdrop will be conducted manually and in phases, targeting loyal users and contributors, similar to the Black Bull / Ansem style. He also mentioned that in the later stages of the airdrop, almost the entire token supply he holds will be distributed.According to GMGN market data, the market capitalization of the Robinhood chain meme coin COPPERINU has surpassed 18 million USD, currently reported at 18.1 million USD.It is understood that COPPERINU was deployed by the Pons Vault developers, who sent 40% of the tokens to crypto KOL Him's wallet. Him stated that he accepted the token because it was deployed by the Pons Vault developers and intends to incorporate mechanisms such as staking, claiming, and burning around the token, while using the obtained tokens for community airdrops.

According to River statistics, there are 49.6 million adults in the United States who own Bitcoin, which is nearly 21 million more than the 28.8 million who own gold.

Hudson River has signed a multi-billion dollar artificial intelligence deal with Coreweave (CRWV.O).

According to token unlocking data from the crypto asset data platform RootData, River (RIVER) will unlock approximately 560,000 tokens at 0:00 Beijing time on August 22, worth about 1.47 million USD.

Polymarket founder Shayne Coplan announced on August 12 on the X platform that Travis VanderZanden has joined Polymarket as Chief Growth Officer.It was reported that Travis V. previously served as the Head of Driver Growth at Uber, Chief Revenue Officer at Yammer, and founded and served as CEO of the bike-sharing company Bird.

According to Fortune, the prediction market trading infrastructure startup River Markets announced the completion of a $8.5 million seed round financing, led by Haun Ventures, with participation from Y Combinator, Coinbase Ventures, and Qube Research Technologies.The new funds will primarily be used to expand the engineering team, enhance the speed and security of the trading system, and grow institutional clients, while also developing new tools to support large-scale fund management and cross-platform trading.In recent years, prediction markets have attracted the attention of institutional investors. Industry platform data shows that institutional trading demand is rapidly increasing. For example, the prediction market platform Kalshi previously stated that its institutional trading volume grew by approximately 800% within six months. Meanwhile, market participants have begun to hedge risks through prediction markets, including establishing trading positions around real economic variables such as carbon emission allowances and GPU rental prices.

According to the official announcement, River AI, founded by xAI co-founder Igor Babuschkin, has completed a $1.1 billion financing round, led by General Catalyst and AMP, with strategic investments from NVIDIA and AMD. Other investors include Y Combinator and Temasek.River AI stated that the current financing will be used to accelerate the development of its personal AI technology stack. The company also revealed that its training API has been launched and is now in practical use.

According to UBS's analysis of the Vera Rubin superchip Bill of Materials (BOM), the share of memory semiconductors in the total cost of the platform has risen to about 62%, a significant increase from the 53% of the previous generation Blackwell Ultra (GB300). The total cost of the Vera Rubin superchip (which includes 1 Vera CPU and 2 Rubin GPUs) is approximately $38,902, with memory-related costs reaching $24,297. The cost of HBM4 is about $4,943 (accounting for 12.7% of the total cost), while the cost of the SOCAMM2 connecting the CPU is about $19,355 (accounting for 49.8% of the total cost), making it the core driver of rising memory costs.SOCAMM2 is a server memory module based on low-power DRAM LPDDR5X, supporting a maximum capacity of 1.5TB per CPU. The Vera Rubin NVL72 cabinet (which includes 72 Rubin GPUs and 36 Vera CPUs) is equipped with a total of 74.7TB DRAM, of which HBM4 accounts for 20.7TB, and LPDDR5X for the CPUs reaches 54TB, with the LPDDR usage in a single cabinet equivalent to about 4,500 high-end smartphones. However, due to uncertainties in the supply of LPDDR5X and HBM4E, NVIDIA is considering reducing the HBM configuration for the next generation Rubin Ultra.

J.P. Morgan strategists believe that as market performance spreads to more sectors, technology stocks or AI-related stocks are unlikely to be the main drivers of market returns in the second half of the year.The team led by Mislav Matejka stated that the sell-off in momentum trading is likely mostly over, and semiconductor stocks are currently close to oversold levels. The team wrote in the report: "As earnings momentum remains upward, this should help stabilize the related stocks." However, they expect market performance to continue spreading to more sectors and reiterated that due to geopolitical tensions, investors are advised to buy on dips.

According to Russian media bits.media, Igor Runets, the founder of Russia's largest mining company BitRiver, has been transferred from house arrest to detention pending trial by the Zamoskvoretsky Court in Moscow due to allegations of fraud amounting to 100 million rubles. He will be held in custody for at least two months. The charges are based on Part 4 of Article 159 of the Criminal Code of the Russian Federation—"particularly large-scale fraud committed by an organized group."The investigation claims the case involves the supply of mining equipment, causing nearly 100 million rubles in losses to the metallurgical and energy companies under the En+ Group. Investigators requested the detention of Runets on the grounds that he might influence witnesses, and the court approved this request. Representatives of BitRiver and Runets' lawyer have not yet commented on the court's ruling, and the progress of the case will depend on the equipment appraisal and witness testimonies from En+. In February of this year, Russian law enforcement suspected Runets of concealing assets to evade taxes, leading to his arrest and house arrest on charges of tax evasion. BitRiver is facing bankruptcy and ownership risks, with its owner Fox Group having debts of approximately 9.2 million dollars, and assets insufficient to repay the debts, prompting a bankruptcy application.

According to Cointelegraph, crypto-friendly bank-as-a-service provider Cross River will provide banking infrastructure for X Money, supporting peer-to-peer payments, FDIC-insured interest-bearing accounts, and Visa debit card services. Cross River's banking platform and payment channels will support X's "super app" strategy and are designed to scale with more financial products over time. X Money will enter limited testing in May 2025 and expand to external testing in March 2026. X has obtained money transfer licenses in over 40 states in the U.S. and is registered with FinCEN to support platform peer-to-peer payments. The announcement did not mention support for cryptocurrencies or stablecoins.

According to monitoring by Catcher Predict, in the event "Hungarian Grand Prix: Driver Winning Prediction" on the prediction market Polymarket, the "Yes" option for the sub-market "Oscar Piastri" has experienced significant fluctuations in winning probability, soaring from 5.65% an hour ago to the current 38.9% (a fluctuation of 33.25%). Please note the impact of relevant breaking news.

Binance will stop supporting deposits and withdrawals for the Moonriver (MOVR) and Moonbeam (GLMR) mainnets on July 21, 2026, at 19:00, and will enable deposits and withdrawals for the above tokens through the Base network. Users are advised to ensure they allow sufficient time before this deadline to ensure successful deposits.