News linked to both this project and an event.
Odaily reports: Crypto trader Bonk Guy posted on X that, with the CLARITY Act failing to pass and the broader crypto market under pressure, USELESS has continued to show notable relative strength, outperforming BTC, SOL, DOGE, and PEPE across multiple timeframes.Bonk Guy reiterated that he believes USELESS has the potential to become a gainer similar to DOGE and SHIB, calling it "the meme coin of this cycle."According to GMGN data, USELESS currently has a market cap of $217 million, with a 24H gain of over 10%.
In a write-up by Wintermute OTC trader @Jjay_dm, BTC ETFs recorded a net outflow of $463 million for the week ending September 14, marking the first negative reading since June's lows. ARK and Grayscale alone accounted for combined outflows of $371 million, while BlackRock remained flat. As a result, BTC fell 4.4% for the week to close at $76,838, making it the worst-performing asset, while Ethereum dipped 1.5% and altcoins collectively gained 1.0%. On the macro front, the US August CPI came in at 0.4% month-on-month (core 0.3%), exceeding the expected 0.2%, while the PPI annual rate hit 5.4%, prompting Goldman Sachs to upgrade its September rate outlook from "hold steady" to "increase." The market has now priced in an 87% probability of a 25-basis-point hike on Wednesday. Meanwhile, ongoing escalation in Middle East tensions pushed Brent crude past $105/barrel, and the 10-year US Treasury yield reached a 20-year high. Wintermute stated that following the shift to negative ETF flows, it favors a neutral over a bullish market stance. Two key catalysts this week: ① On Tuesday, the US Senate will hold a procedural vote on the CLARITY Act (Crypto Market Structure Act), which requires 60 votes to pass; ② On Wednesday, the Fed will announce its interest rate decision. While the rate hike itself is already fully priced in, subsequent hawkish commentary (particularly any signals pointing to continued tightening into Q1 2027) could exert downward pressure on the crypto market.
According to Chaowang Research, JPMorgan’s September 14, 2026 report indicates that Brent crude oil has broken through the $100 level, trading at $107.6 on September 10. Coupled with rising bond yields, global equity markets have begun to decline. JPMorgan considers this pullback an opportunity to increase equity exposure. Year-to-date, the MXWO index has risen 11%, while bond yields climbed 65 basis points over the same period. The yield increase is driven by robust economic activity and earnings upgrades, whereas long-term inflation expectations have not risen. The 5y-5y forward inflation rate has not reacted to higher oil prices, the term premium sits at a 10-year peak, and wage growth is at its slowest pace in five years. JPMorgan notes that the equity-bond correlation faces a reversal risk when the 10-year U.S. Treasury yield approaches 5% to 5.5%; currently at roughly 4.83%, it remains below this threshold. The bank maintains an overweight stance on equities, neutral on bonds, and underweight on cash. Regionally, it is overweight in emerging markets and the eurozone, and sector-wise, overweight in materials, industrials, and consumer discretionary. It recommends leveraging oil-driven market weakness to add to stock positions.
QCP released a report on September 14 stating that the market has largely priced in expectations of a 25 basis point rate hike by the Federal Reserve this week, with attention shifting to the language of the rate hike announcement and signals regarding the future rate path. U.S. August CPI rose 0.4% month-over-month and 3.4% year-over-year, while core CPI rose 0.3% month-over-month, with the year-over-year growth rate of core CPI declining from 2.5% to 2.4%.Bitcoin briefly fell to $76,700 following the release of the CPI data, before recovering to around $77,600; Ethereum remained near $2,500. Spot Bitcoin ETFs saw net outflows of $463 million last week, with net outflows slowing to $13.2 million on Friday; spot Ethereum ETFs saw net inflows of $197 million, with single-day net inflows of $216 million on Friday.
Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.
CryptoQuant analyst Darkfost stated in a post that the total stablecoin market cap has dropped to $144.5 billion, falling below the 365-day moving average of $147.4 billion. Over the past year, stablecoin market outflows have exceeded inflows, which is typically characteristic of a bear market. Darkfost further pointed out that the current market needs to see a reversal of this long-term capital flow trend, driving the total stablecoin market cap back above its annual average.
Odaily News: Digital asset trading platform Gate has released its August 2026 Transparency Report. The report shows that in August, multiple Gate business lines received recognition from institutional data providers including CoinDesk, CryptoQuant, CryptoRank, and DefiLlama. Among them, Gate's stock perpetual contract trading volume grew 308% month-over-month, maintaining triple-digit growth for three consecutive months; the RWA perpetual contract open interest (OI) market share reached 49.6%, ranking first globally among centralized trading platforms. Meanwhile, Gate's 24-hour spot and derivatives trading volume stood at approximately $9.5 billion, with open interest reaching $12.48 billion, both ranking among the global top three; 30-day net inflow reached $308.1 million, ranking second among mainstream trading platforms.In terms of traditional financial asset trading, Gate's CFD business continues to expand its asset coverage, now covering 680 trading pairs, spanning major TradFi assets including forex, metals, energy, indices, and stocks. In terms of overall TradFi product layout, Gate now covers over 1,000 TradFi assets, with stock derivatives covering more than 360 underlying assets, both ranking first globally, further enhancing its multi-asset trading matrix.As digital assets and traditional financial markets continue to converge, Gate is steadily expanding diverse trading scenarios including stocks, RWA, CFD, and derivatives. By enriching asset supply and trading tools, it is further improving its comprehensive trading infrastructure that connects digital assets with traditional financial markets.
According to a post by Lorenzo Valente, a cryptocurrency analyst at ARK Invest, stablecoins exhibit clear network effects. Although thousands of stablecoins exist in the market, the number of tiers quickly plateaus as the market capitalization threshold rises. What truly warrants attention today are stablecoins with a market cap exceeding $10 billion, steadily progressing toward the $100 billion and $500 billion levels.
Prominent trader Bonk Guy (@theunipcs) announced in a post that the Robinhood Chain ecosystem protocol $PONS recorded a single-day revenue of $1.34 million today, with current annualized revenue at approximately $202 million, a market cap of roughly $434 million, and a buyback wallet balance of $3.7 million that continues to grow. The protocol will continuously repurchase $PONS tokens on the open market via TWAP.
Odaily News - Trader BonkGuy (Unipcs) stated on the X platform that panic sentiment is evident across multiple group chats he is in, with many believing "the market cycle is over." He noted that market volatility itself creates opportunities, and sharp price dislocations can lead to asymmetric upside potential. In his view, any market correction before the fourth quarter can be viewed as a buying opportunity, and investors should not be shaken off by market fluctuations before the "real rally" arrives.
Odaily News - Bloomberg ETF analyst Eric Balchunas stated on the X platform that Tema is launching a prediction market ETF. However, this product is a thematic ETF, not an actual event contract ETF, which the SEC is still considering. The ETF will allocate 15% of its positions to private assets from Kalshi and Polymarket, with a management fee of 75 basis points.
CryptoQuant analyst XWIN Japan stated that the Bitcoin market structure remains constructive, but subsequent price action depends on whether genuine spot demand can absorb market supply. ETF holdings continue to rise, indicating that institutional investors are still accumulating BTC, and large investors are also forming buy-side support near current price levels.
Bitcoin News posted on the X platform that Chilean cryptocurrency exchange Orionx suspended withdrawals and gradually wound down operations after a forensic audit revealed that over $7 million had been transferred to wallets beyond its control. Orionx has filed a criminal complaint naming founders Joaquín Díaz and Roberto Zibert, alleging that client assets were used in external trades between 2018 and 2021. Chile's Financial Market Commission stated that Orionx continued operating after its fintech business authorization was rejected in July. More than 100,000 users are not guaranteed full recovery of their assets.
Odaily News DWF Labs stated that last week, BTC and ETH ETFs recorded a combined net inflow of approximately $1.2 billion, marking the third consecutive week with inflows exceeding $1 billion — the first time since July 2025. Among this, BTC ETFs saw net inflows of around $987 million, with a single-day inflow of $731 million on September 3, ranking as the third highest this year. The AUM of BTC ETFs rose to $103.3 billion, accounting for approximately 6.32% of BTC's total supply.Meanwhile, open interest denominated in BTC dropped from 762,200 BTC in mid-August to 669,600 BTC. Over the same period, BTC climbed from around $63,000 to $80,000, indicating that the recent price movement has been driven more by spot capital flows rather than leverage.
According to monitoring by the PPP Prediction Market Tool, the probability on Polymarket that the "foldable iPhone's US launch price will exceed $2,300" has dropped to 15%, down 35% over the past week; the probability of it exceeding $2,200 has fallen to 42%, down 17% week-over-week.The event contract rules state: any foldable smartphone released by Apple will be considered a foldable iPhone, even if it is not explicitly named as such. If the price of the foldable iPhone at its initial US launch is greater than or equal to the specified amount, the market will resolve to "Yes"; otherwise, it will resolve to "No." If Apple releases multiple foldable iPhone models, the lowest announced starting price will be used. If Apple does not announce the price of the foldable iPhone by 11:59 PM ET on September 30, 2026, the market will resolve to "No."According to an official announcement from Apple, the fall 2026 new product launch event will be held at 1:00 AM Beijing time on September 10, themed "Surprise and shine." However, pricing for the device unexpectedly leaked from overseas carrier Vodafone's backend systems in Australia and Egypt. The Australian channel reveals that the iPhone Ultra will be available in 256GB, 512GB, and 1TB storage options, starting at AUD 3,699. Industry observers estimate that the US starting price for the Ultra could land near $2,000.Join the PPP Signal Push Community to stay one step ahead and seize the opportunity.
According to QCP's market report, in the crypto market, Bitcoin initially climbed above $82,000 early in the week before pulling back to around $79,300; Ethereum remained steady at approximately $2,500. From September 1 to 4, spot Bitcoin ETFs recorded $770 million in net inflows, indicating that institutional capital continues to participate in market pricing.
Renowned trader BonkGuy posted on X, stating that he is currently looking for low-market-cap tokens with a valuation below $1 million, aiming to find projects still in their very early stages that have the potential to grow into multi-billion-dollar entities in the future.BonkGuy noted that he does not want the community to recommend tokens with a market cap of around $50 million anymore, and urged the community to keep suggesting low-cap projects until he decides to invest in one of them.
According to data from South Korea's securities information portal, between September 1 and 4, Korean individual investors significantly reduced their holdings in multiple U.S. semiconductor stocks while rotating into leveraged semiconductor ETFs. During this period, Korean retail investors net sold over $100 million worth of Micron, $68.61 million of SanDisk, $49.37 million of Marvell Technology, and $15.56 million of Nvidia. SK Hynix's ADR, which debuted on the NYSE in July, also saw net selling of $46.16 million during the same period, following cumulative net purchases of $811 million through the end of August.Conversely, Korean retail investors net purchased $431 million of SOXL (Direxion Daily Semiconductor Bull 3X Shares), which aims to deliver 3x the daily return of the Philadelphia Semiconductor Index.Market analysts suggest that this "selling individual stocks, buying the sector" approach may reflect Korean retail investors reducing single-chipmaker exposure risk while continuing to bet on upside in the broader semiconductor sector. After the sharp rally in semiconductor stocks, some investors may be taking profits at the individual stock level while maintaining or even expanding their overall semiconductor exposure through leveraged ETFs. (Daum)
Odaily News: Chilean cryptocurrency exchange Orionx has announced it is ceasing operations and suspending user withdrawals. A forensic audit has found that over $7 million in custodial assets were transferred to wallets outside the company's control, resulting in a funding shortfall.Orionx has accused two founding partners, Joaquín Díaz and Roberto Zibert, along with other former employees, of involvement in the related transactions and has filed a report with Chile's National Prosecutor's Office. The complaint alleges the transactions occurred between 2018 and 2021.Chile's Financial Market Commission (CMF) stated that Orionx was not authorized to offer cryptocurrency financial services and that its operations did not comply with the Fintech Law. Orionx has stated that it cannot guarantee users will recover all their funds. (Bitcoin.com News)
Odaily News: Well-known trader Bonk Guy posted on the X platform, stating that the three tokens USELESS, MARSCOIN, and PONS are expected to become the fastest projects in their respective niche tracks to reach a $1 billion market cap in the new cycle. He noted that USELESS, MARSCOIN, and PONS respectively represent two core narratives in the current market: USELESS and MARSCOIN serve as the "barbell ends" of the Meme track, while PONS represents the utility track. He also called on the community: "LOCK IN!".