News
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- DDC Enterprise (NYSE: DDC) surpassed 1,000 BTC in corporate treasury, averaging $108,384 per coin, after five August purchases. - The milestone boosted its stock 8.9% on August 25 and 300%+ year-to-date, aligning shareholder value with Bitcoin performance. - CEO Norma Chu aims for 10,000 BTC by year-end, positioning DDC as a top 42nd global corporate Bitcoin treasury. - The strategy faces risks from market volatility and regulatory shifts, despite demonstrating disciplined accumulation tactics.
- Zscaler (ZS) surged 38% YoY, outperforming S&P 500 and peers despite a 16.7X P/S premium over industry average. - AI-driven innovations like Zero Trust Segmentation and FedRAMP authorization unlocked $96B TAM while ARR hit $2.9B. - Critics question $42.5B valuation due to -1053.92 P/E and $38.78M losses, but R&D investments signal long-term AI bets. - 2025 guidance ($2.64B revenue) shows confidence, yet slowing growth (22.7%) and 5% recent stock dip highlight valuation risks.
In Brief Market trends show potential for altcoin growth within a mini-uptrend. Macroeconomic factors and geopolitical events add to market uncertainty. Investors should stay informed through news updates for strategic decisions.
- Bitcoin's MVRV ratio fell below its 365-day SMA, signaling potential extended market corrections as significant portions of the network enter negative value territory. - Bearish on-chain metrics like negative Spot Taker CVD and funding rates reinforce selling pressure, with altcoins like TRX showing similar downward momentum. - Key support levels at $108,800-$110,000 are critical; failure to hold could trigger further price declines and retesting of the 50-day EMA. - Market participants monitor technical
- MAGACOIN FINANCE's presale nears completion, drawing comparisons to Ethereum and Cardano due to rapid investor demand and Ethereum-based infrastructure. - Ethereum's impending $2B staking unlock creates liquidity shifts, redirecting capital toward high-upside altcoins like MAGACOIN FINANCE amid market volatility. - Cardano shows stagnation while meme-DeFi hybrids like Moonshot MAGAX (projected 1,000x ROI) attract attention with asymmetric returns in a maturing crypto market. - Bitcoin's 12% correction co
- 00:58After the 1011 flash crash, the insider whale who opened short positions reduced holdings by 4,513 ETH 9 hours ago, earning a profit of $304,000.According to Jinse Finance, on-chain analyst @ai_9684xtpa monitored that the insider who opened short positions after the 1011 flash crash reduced their holdings by 4,513 ETH (approximately $14.06 million) 9 hours ago, making a profit of $304,000. Currently, they still hold 50,001 ETH long positions, with a total value of $156 million, an entry price of $3,048.56 per ETH, and an unrealized profit of $3.96 million.
- 00:53Airwallex founder reveals having rejected a $1.2 billion acquisition offer from StripeChainCatcher news, Airwallex founder and CEO Jack Zhang stated in a post, "In 2018, Stripe offered to acquire us for $1.2 billion, when our revenue was only $2 million. Stripe's valuation was 600 times our revenue, and based on Stripe's latest share price, I personally could have made over $2 billion. But the team refused. Now, we have raised $330 million, our valuation has reached $8 billion, and our annual recurring revenue (ARR) is $1 billion." Previous reports indicated that Airwallex raised $330 million in its latest funding round, with a valuation reaching $8 billion. According to a statement released on Monday, this valuation is about 30% higher than the previous round six months ago. The round was led by Addition, with participation from institutions such as Activant, Lingotto, and TIAA Ventures.
- 00:45Judge Investigates Charges Faced by Do Kwon in South Korea Before Sentencing in the USChainCatcher news, according to Finance Feeds, Do Kwon is scheduled to be sentenced in New York on Thursday after pleading guilty to two felony charges, but the presiding judge is urging both the prosecution and defense attorneys to clarify the situation he will face in South Korea. U.S. District Judge Paul Engelmayer, in a document filed on Monday, requested both parties to provide detailed explanations of the charges, as well as the "maximum and minimum sentences" Do Kwon could face if extradited back to South Korea. In August, Do Kwon admitted to charges of wire fraud and conspiracy to commit fraud. These charges stem from his role in the 2022 collapse of Terraform Labs, whose stablecoin and token crash triggered a broader market downturn and caused significant losses to the entire crypto industry. It is expected that Do Kwon will serve his sentence in the United States first, but Engelmayer's questions indicate that the court seeks a comprehensive understanding of the parallel criminal charges he faces in South Korea. The judge also asked both parties whether they agree that "the period Do Kwon was detained in Montenegro" should not be counted toward any sentence he serves in the United States. Do Kwon was detained in Montenegro for four months for using forged travel documents and spent over a year fighting extradition before being transferred to U.S. custody.