DashTape

DashTape reports BTC's 90-day price correlation with gold has risen to 0.56, surpassing the previous high of approximately 0.50 set in November 2020, marking the highest level since most data providers began tracking in 2017. During the same period, BTC's 90-day correlation with the Nasdaq 100 has fallen to around 0.30, a one-year low. On a 30-day window, BTC's correlation with gold has further climbed to 0.72, while its correlation with the Nasdaq Composite Index stands at only about 0.22. Since August, capital flows centered around "currency debasement trades" have reinforced BTC's "digital gold" narrative.

DashTape reports So far this year, crypto projects have spent $638 million on token buybacks, up from $545 million in the same period last year; in the same period of 2024, the figure was $366,000. Among them, Hyperliquid and Pump.fun together account for nearly 90%.

DashTape reports Hunter Biden, son of former U.S. President Joe Biden, currently follows only one account on X, named "Laptop" (@Laptoptoken), which is associated with the token LAPTOP. The token is scheduled to launch on the Base network on September 9, with its contract address and official website link already disclosed. Meanwhile, Hunter Biden also posted a tweet confirming that the related Meme coin will be released on September 9.

DashTape reported that CZ retweeted on X platform to clarify that his account was not hacked, stating that he had simply unfollowed some accounts that had been inactive for over 30 days, adding "that's all."

DashTape reports Possibly impacted by Biden's son launching a token, Robinhood ecosystem major Meme coins have broadly declined: MEME market cap is temporarily reported at $86.1 million, down 21.72% in 1 hour; PONS market cap is temporarily reported at $510 million, down 4.8% in 1 hour; AI market cap is temporarily reported at $188 million, down 5.9% in 1 hour; CASHCAT market cap is temporarily reported at $206 million, down 1.87% in 1 hour; microduck market cap is temporarily reported at $17.46 million, down 8.62% in 1 hour.

DashTape reports – Hunter Biden, son of former U.S. President Joe Biden, will launch the Meme coin LAPTOP, scheduled to go live on Base on September 9. Currently, suspected token economics have leaked: LAPTOP has a total supply of 1 billion tokens, with 35% unlocked at TGE, and all tokens to be fully unlocked within 36 months. The project links 30% of the supply to real-world prediction events proposed by Hunter Biden – if the predictions come true, the corresponding tokens will be burned; if they do not, the relevant tokens will be donated to charity. DashTape reminds users that Meme coins are highly volatile in price, and investors should participate with caution.

DashTape reported that the Ethereum Foundation (EF) stated in a post on X that the Protocol Cluster has published two articles conducting a systematic evaluation of the next network upgrade, Hegotá. Among them, "Hegotá EIP Opinion Post and Tier List" evaluates and ranks the 62 currently proposed EIPs, marking the first time the team has issued a unified EIP rating list for a single network upgrade. According to the announcement, approximately 60 researchers, engineers, and domain experts from 9 teams under the Protocol Cluster participated in this review, submitting a total of 397 ratings and engaging in live discussions on proposals with divergent opinions. The other article outlines the current and future priority directions for Ethereum's protocol layer, including efforts to make Ethereum L1 quantum-resistant by December 2029. The Ethereum Foundation stated that these upgrade plans, long-term technical goals, and the shared priorities of the Protocol Cluster will serve as references for finalizing the scope of the Hegotá upgrade and the ratings of each EIP. Additionally, the Protocol Cluster will hold an AMA on Reddit's r/ethereum community on September 16 at 14:00 UTC, where discussions will center around the Hegotá EIP ratings and the development priorities of the Ethereum protocol.

DashTape reports According to market sources, Hunter Biden, son of former US President Joe Biden, plans to launch the Meme coin LAPTOP. Currently, details regarding the token's release date, issuance scale, and specific mechanics have not yet been disclosed.

DashTape reports According to on-chain analyst Ember Monitoring, an address sold 114,000 HYPE tokens purchased in June at an average price of $72.5 for $86.3 each, making a profit of $1.57 million.

DashTape reports According to Lookonchain monitoring, an address has been buying HYPE daily over the past 10 days, accumulating a total of 194,200 tokens worth $16.79 million.