<ul class="summary-bullets"><li>NEAR jumped over 10% on Sunday, and analyst Michaël van de Poppe said its correlation to Zcash was one-on-one.</li><li>Zcash passed Hyperliquid to become the top altcoin, with record $2.4 billion open interest.</li><li>Bankless founder David Hoffman's rotation from ETH to ZEC and LIT in May was paying off as both tokens rallied in tandem with NEAR.</li></ul>NEAR Protocol (NEAR) surged more than 10% on Sunday, with analyst Michaël van de Poppe saying the move was no coincidence. He pointed to almost a one-to-one correlation between NEAR and Zcash (ZEC).“It’s just a matter of time before we’ll be seeing a big move upwards on $NEAR,” van de Poppe&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/CryptoMichNL/status/2096574887729016953?s=20">wrote on X</a>. He added that ZEC “has already made a new all-time high” and that “the correlation between the two is nearly 1:1.” He said he “wouldn’t be surprised” to see NEAR go to $4.50 to $5.00 in the next few weeks.<figure class="image"><a class="st-link-external" href="https://x.com/CryptoMichNL/status/2096574887729016953?s=20" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_06_at_12_13_47_PM_ca244890e4.png" alt="Screenshot 2026-09-06 at 12.13.47 PM.png" width="778" height="1130"></a><figcaption>Source: @@CryptoMichNL/x</figcaption></figure><a href="https://stocktwits.com/coins/near">NEAR’s price</a> was trading at $2.42 at the time of writing. If van de Poppe’s prediction held, NEAR would see an 87% to 107% increase.&nbsp;On Stocktwits, the retail sentiment around NEAR remained in the ‘bullish’ zone, while chatter around it shifted to ‘extremely high’ from ‘high’ over the past day.<h2 class="st-heading-2">The Rotation Trade Behind It</h2>The NEAR-ZEC pairing was part of a larger trend of traders moving away from Ethereum (ETH) and into smaller tokens that have outperformed it.&nbsp;Crypto analyst Ignas&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/DefiIgnas/status/2096575409504784479?s=20">noted on X</a> that Bankless founder David Hoffman, who had&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/ethereum-s-ultrasound-money-narrative-is-dead-analyst-says-while-calling-david-hoffman-s-eth-exit-bullish/cZgg0WhRerm">sold off his entire ETH</a> position in May after questioning the network's "ultrasound money" narrative, rotated into Lit (LIT) and ZEC, which have since gained roughly 369% and 110%, respectively, according to the chart he posted.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/DefiIgnas/status/2096575409504784479?s=20" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_06_at_12_15_08_PM_a26181dd0f.png" alt="Screenshot 2026-09-06 at 12.15.08 PM.png" width="794" height="1170"></a><figcaption>Source: @DefiIgnas/x</figcaption></figure>NEAR, on the other hand, added about 54%, while ETH gained just over 8% during the same period.“Despite the fear, uncertainty, and doubt (FUD), it was also close to $ETH bottom, but active crypto investors’ goal is always to outperform BTC and ETH,” Ignas wrote.<h2 class="st-heading-2">Why Zcash Matters Here?</h2>Van de Poppe’s call was based on ZEC’s recent rally, where it hit a&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/zcash-flips-hype-as-24b-open-interest-rally/cZtbQShRJDM">new milestone</a> on Sunday when the privacy coin overtook Hyperliquid (HYPE) to become the ninth-largest cryptocurrency by market cap.ZEC’s 14-day relative strength index (RSI), a momentum indicator in which readings above 70 imply an asset is overbought, was at 82.18, and the token was trading at more than 2.5 times its 200-day moving average. If NEAR was tracking ZEC as closely as van de Poppe suggested, a sharp reversal in one could rapidly spill into the other.<figure class="image"><a class="st-link-external" href="https://x.com/TedPillows/status/2096312659335626874" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_06_at_12_16_06_PM_8f940b7e7d.png" alt="Screenshot 2026-09-06 at 12.16.06 PM.png" width="792" height="866"></a><figcaption>Source: @TedPillows/x</figcaption></figure>The rally also came as analyst Ted Pillows&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/TedPillows/status/2096312659335626874">flagged</a> that altcoin open interest (OI) had surpassed Bitcoin open interest for the first time since December 2024.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/mark-yusko-dumps-90-solana-warns-of-more-pain-for-btc-wealth-still-in-bitcoin/cZtbV0fRJDx">Mark Yusko Dumps 90% Of Solana, Warns Of More Pain For BTC — But Half His Wealth In Still In Bitcoin</a>For updates and corrections, email newsroom[at]stocktwits[dot]com

In this photo illustration, a Near logo is seen displayed on a smartphone and in the background. (Photo Illustration by Avishek Das/SOPA Images/LightRocket via Getty Images)

NEAR Jumps As Michaël van de Poppe Links Rally To Zcash, Says It Has 1:1 Correlation

Van de Poppe said he wouldn’t be surprised to see NEAR hit $4.50-$5.00 in the next few weeks, suggesting an over 100% price increase

Cryptocurrency

Ethereum

Hype

lighter

Near

Zcash

<ul class="summary-bullets"><li>Yusko has about half of his net worth in Bitcoin and other BTC-adjacent investments.</li><li>He warned that Bitcoin is still too expensive and could fall to $60,000.</li><li>He thinks Bitcoin will hit a cycle low around October 5, 2026.</li></ul>Mark Yusko, the founder and chief investment officer of Morgan Creek Capital Management, said that about half of his net worth is invested in Bitcoin (BTC) and related assets. This is five times the amount of money he tells other people to spend.In an interview published on Saturday, Yusko told the Crypto Banter podcast that "ish 50%" of his portfolio was made up of Bitcoin and Bitcoin-adjacent holdings, 45% was made up of venture capital, and 10% was made up of cash and short-term assets. He added that he wasn't trying to be that concentrated, but the role just grew that way.&nbsp;He said, "Everyone should have five, eight, or ten percent" when asked what an average investor should hold. Yusko said, however, that the amount of allocated capital should change based on age. "I believe it should literally be against the law for you to own bonds," he told investors under 35. He said this because younger savers need protection against equity risk and devaluation, rather than against fixed-income risk.&nbsp;<h2 class="st-heading-2">Sold The Best Trade Of His Career&nbsp;</h2>Yusko also revealed that he has sold almost all of his shares in Solana (SOL), which he called "maybe the best investment I've ever had in my life." Morgan Creek put money into Multicoin Capital's first fund, which is how the exposure came about.&nbsp;Yusko said that the return was about 1,000 times the amount of money that was invested, but he didn't write down that number, and it could not be independently verified. He said, “We sold 90% of it."<a href="https://stocktwits.com/coins/solana">Solana’s price</a> was trading at around $105, up over 3% in the last 24 hours. On Stocktwits, retail sentiment around SOL remained in the ‘bearish’ zone, as chatter stayed at ‘normal’ levels over the past day.He said the sell warning wasn't fundamental. Yusko said that he left after Multicoin announced a $2.5 million after-party. Yusko said that his concerns about Solana are more about how it works than anything personal. These concerns apply to both Ethereum (ETH) and Uniswap's (UNI) governance tokens. Yusko pointed out that users of these tokens have no right to network fees.&nbsp; When tokens were issued without any claim to equity, debt, or cash flows, they are "kind of scammy," he said. He added that Bitcoin critics disagree with him, saying that Bitcoin doesn't have to pass the same test because it is a store-of-value object and not a usage token.&nbsp;<h2 class="st-heading-2">Yusko Is Bearish In The Near Term On Bitcoin</h2>Yusko's view on the market in the near future was bearish. He said that the market was "super, super overbought" after a recent short squeeze and that the move was "still bear market action." He said, "I don't think we're out of the woods yet."&nbsp;He said that the low point of the cycle would happen on October 5, 364 days after the high point. Metcalfe's law, users, and trades helped him figure out that the fair value was close to $105,000. He said the price could drop to around $60,000 before rising again, but he didn't think it would go below the cost of the electricity used to mine it, which he estimated at around $58,000.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading around $79,650, almost flat in the last 24 hours. On Stocktwits, retail sentiment around BTC remained in the ‘neutral’ zone, accompanied by ‘normal’ chatter levels over the past day.Read also: <a href="https://stocktwits.com/news-articles/markets/cryptocurrency/robinhood-chain-now-earns-240x-the-fees-of-arbitrum-itself-arb/cZtbl34RJDD">Robinhood Chain Now Earns 240x The Fees Of Arbitrum Itself - And ARB Is Up 45% On The Cut It Gets</a>For updates and corrections, email newsroom[at]stocktwits[dot]com

 In this photo illustration a Bitcoin (BTC) cryptocurrency logo is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

Mark Yusko Dumps 90% Of Solana, Warns Of More Pain For BTC — But Half His Wealth In Still In Bitcoin

Yusko said he sold 90% of his Solana holdings after getting back about 1,000 times what he put in.

Bitcoin Bull Mark Yusko Dumps 90% Of Solana, Warns Of More Pain For BTC 

Yusko said he sold 90% of his Solana holdings after getting back about 1,000 times what he put in.


Bitcoin

Solana

UniSwap

<ul class="summary-bullets"><li>Arbitrum surged over 45% on Sunday, extending a rally that has more than doubled the token over a week.</li><li>Under the Arbitrum Expansion Program, Arbitrum receives 10% of the net revenue from chains built on Arbitrum technology.</li><li>Open interest has since climbed from $110 million in August to more than $290 million, according to CoinGlass data.</li></ul>Arbitrum (ARB) surged more than 45% on Sunday, extending a rally that has seen the token more than double in a week as Robinhood (HOOD) Chain generated around 240 times the fees of Arbitrum’s own network and traders priced in Arbitrum’s cut of that revenue.DefiLlama data showed that Robinhood Chain attracted $2.9 million in chain fees over the 24 hours through Sunday, compared with $12,238 on Arbitrum’s own chain. Robinhood Chain has taken in roughly $10 million in fees over the last several days, including roughly $6 million on Friday. At that pace, nearly $1 million of that stretch alone was due to flow back to Arbitrum. Traders have pointed to the rising fee stream, and Arbitrum’s portion of it, as a reason behind the rally in ARB.Robinhood Chain, the Ethereum (ETH) layer-2 network Robinhood launched in July, is built on Arbitrum’s technology. In the&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://docs.arbitrum.foundation/new-arb-chains">Arbitrum Expansion Program</a>, participating chains have to pay 10% of the net protocol revenue to the Arbitrum ecosystem. 8% of that revenue goes to the ArbitrumDAO, and 2% goes to the Developer Guild.<a href="https://stocktwits.com/coins/arbitrum">ARB’s price</a> was trading at $0.19 over the past 24 hours, with its market cap hitting $1.28 billion. The token is up about 120% over the past week. On Stocktwits, the retail sentiment around ARB remained in the ‘extremely bullish’ zone, while chatter around it shifted to ‘extremely high’ from ‘high’ over the past day.<h2 class="st-heading-2">Robinhood Chain Outpaces Arbitrum</h2>The difference between the two networks was huge. Robinhood Chain’s total value locked (TVL), or the amount of crypto deposited in its apps, rose to $908.65 million on Sunday, up over 5% in 24 hours and from under $100 million in early July, according to DefiLlama data. The chain saw $1.36 billion in decentralized exchange (DEX) volume in the last 24 hours, and its stablecoin market cap was up over 25% in the last seven days to $964.57 million.In comparison, Arbitrum’s native chain generated $12,238 in fees and $118.8 million in DEX volume during that timeframe, DefiLlama data showed. Its TVL was $1.41 billion, down from a high of more than $4 billion in late 2025.<h2 class="st-heading-2">Leverage Builds As Price Climbs</h2>Arbitrum’s open interest (OI) also jumped past its August high, with the latest reading at about $255 million compared with $110 million in August. That spike meant that traders were building up a lot more leveraged exposure as ARB rallied, raising the stakes for both further upside and a possible liquidation-driven reversal. CoinGlass’s latest market data also showed open interest at over $290 million, reflecting the scale of the recent price increase.<h2 class="st-heading-2">What Traders Are Saying</h2>Crypto analyst Satoshi Stacker&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/StackerSatoshi/status/2096422447260045781">noted</a> that “the opportunities aren’t just in microcaps,” adding that “The three top-performing alts out of the top 100 are all related to Robinhood Chain activity today.”&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/StackerSatoshi/status/2096400457400832077" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_06_at_9_37_58_AM_7c1ba28af8.png" alt="Screenshot 2026-09-06 at 9.37.58 AM.png" width="780" height="380"></a><figcaption>Source: @@StackerSatoshi/x</figcaption></figure>He also&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/StackerSatoshi/status/2096400457400832077">said</a> that "there are new coins launching and hitting 10-50X here every day as the ecosystem takes off" and "activity metrics are seeing insane growth" on Robinhood Chain.<figure class="image"><a class="st-link-external" href="https://x.com/StackerSatoshi/status/2096400457400832077" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_06_at_9_36_50_AM_c104ea6736.png" alt="Screenshot 2026-09-06 at 9.36.50 AM.png" width="786" height="676"></a><figcaption>Source: @StackerSatoshi/x</figcaption></figure>Wall Street macro analyst Jordi Visser said that the coming together of AI, crypto, and traditional banking is moving very quickly. He&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/jvisserlabs/status/2096565378927165795?s=20">pointed</a> to Robinhood Chain as a big deal as it meant that traditional financial analysts had to rethink Robinhood's growth chances in light of new ways to make money.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/jvisserlabs/status/2096565378927165795" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_06_at_9_02_37_AM_5b37f9f09d.png" alt="Screenshot 2026-09-06 at 9.02.37 AM.png" width="798" height="950"></a><figcaption>Source: @jvisserlabs/x</figcaption></figure>But he said that mainstream media are missing out on many of the crypto tokens that are doing well because of the Robinhood Chain story. Visser told investors to learn more about the ecosystem as a whole, stating that the coming year might be characterized by the combination of AI, crypto, and traditional finance.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/hyperliquid-hype-hits-new-high-again-heres-why/cZtb1y3RJDv">HYPE Hits Record High As Jane Street, UBS Among 30 Firms With $75M In ETF Exposure</a>For updates and corrections, email newsroom[at]stocktwits[dot]com

: In this photo illustration, a smartphone displays the logo of Robinhood Markets Inc. (NASDAQ: HOOD), a U.S. financial services company offering commission-free trading of stocks, options, cryptocurrencies, and other financial products, in front of a screen showing the company's latest stock market chart on July 23, 2026 in Shenzhen, Guangdong Province, China. (Photo illustration by Cheng Xin/Getty Images)

Robinhood Chain Now Earns 240x The Fees Of Arbitrum Itself - And ARB Is Up 45% On The Cut It Gets

DefiLlama showed that Robinhood Chain collected $2.9 million in fees in 24 hours, compared to $12,238 on Arbitrum’s own chain.

Arbitrum

ARK Innovation ETF

ARK Space Exploration & Innovation ETF

Robinhood Markets Inc

<ul class="summary-bullets"><li>Jane Street, UBS, and Brevan Howard are among 30 firms holding some $74.9 million in Hyperliquid ETFs, said James Seyffart.</li><li>The top five holders accounted for about 70% of total exposure, with UBS holding $7.5 million and Jane Street $4.4 million.</li><li>SoSoValue data showed that Friday brought $10.52 million in fresh inflows, all into Bitwise's BHYP, which led the group with $208.91 million in net assets.</li></ul>The rally in Hyperliquid (HYPE) is drawing more than just crypto traders: Jane Street, UBS and other institutional investors are gaining exposure through U.S.-listed HYPE ETFs, offering a glimpse of how Wall Street is gaining access to the token behind the derivatives exchange.&nbsp;Since inception, the three ETFs have attracted $356.58 million in net inflows, and thirty firms held a combined $74.9 million in the funds, according to Bloomberg Intelligence ETF analyst James Seyffart.&nbsp;Seyffart&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/JSeyff/status/2095926084298498313?s=20">said</a> on Friday that he had reviewed the Hyperliquid ETFs and their 13F reporting and shared what he called “all the known holders of the three ETFs,” citing data from Bloomberg Intelligence. The list provided a glimpse of who owned the funds that gave the regulated brokerage access to Hyperliquid, the token behind the decentralized derivatives exchange.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/JSeyff/status/2095926084298498313?s=20" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_06_at_8_07_57_AM_90c4702541.png" alt="Screenshot 2026-09-06 at 8.07.57 AM.png" width="782" height="1104"></a><figcaption>Source: @JSeyff/x</figcaption></figure>HYPE reached an all-time high of over $88 on Thursday.&nbsp;On Sunday, the token again hit a record high again as its price surged at around $88.60.&nbsp;<a href="https://stocktwits.com/coins/hyperliquid">HYPE’s price</a> was up over 3% over the past 24 hours. On Stocktwits, it was the top trending ticker. Retail sentiment around HYPE remained in the ‘neutral’ zone, while chatter around it stayed at ‘high’ levels over the past day.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_06_at_8_11_27_AM_d1de9cb91b.png" alt="Screenshot 2026-09-06 at 8.11.27 AM.png" width="968" height="556"><figcaption>HYPE retail sentiment on Sept 6 as of 8:12 a.m. ET | Source: Stocktwits</figcaption></figure><h2 class="st-heading-2">Who Holds The Most?</h2>The biggest holders on Seyffart's list were Wealth High Governance Asset Management with a $23.9 million exposure, followed by OLP Capital Management with $10.5 million, UBS with $7.5 million, Bank of Montreal with $6.7 million, and Jane Street with $4.4 million. The top five accounted for roughly 70% of the total.Further down the list, Discovery Capital Management had $3.8 million, Brevan Howard $3.4 million, LJ Altfest &amp; Co. $2.6 million, Balyasny $1.8 million, and Boothbay Fund Management $1.8 million. Market makers included Flow Traders and Virtu Financial, as well as VanEck, Cresset Asset Management, and HighTower Advisors. At the bottom were Royal Bank of Canada with $22,068 and Tower Research Capital with $1,103.<h2 class="st-heading-2">Inflows Keep Building</h2>The three funds, Bitwise’s BHYP, Grayscale’s HYPG, and 21Shares’ THYP, have seen $356.58 million in cumulative net inflows as of Friday, according to SoSoValue data. The data showed that the total net assets were $480.86 million, over 2% of HYPE’s market cap. The largest was BHYP with over $208 million in net assets, followed by HYPG with $182.68 million and THYP with $89.28 million.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-gold-correlation-hits-nearly-six-year-high-as-btc-breaks-from-tech-stocks/cZtbLkwRJDH">Bitcoin-Gold Correlation Hits Nearly Six-Year High As BTC Breaks From Tech Stocks</a>For updates and corrections, email newsroom[at]stocktwits[dot]com

HYPE Hits Record High As Jane Street, UBS Among 30 Firms With $75M In ETF Exposure

SoSoValue data show that three U.S. spot HYPE ETFs have net inflows of $356.58 million since launch and net assets of $480.86 million

Hyperliquid’s HYPE Hits New High Again— Here's Why

Bitwise Hyperliquid ETF

Grayscale Hyperliquid Staking ETF - Grayscale Hyperliquid Staking ETF

21Shares Hyperliquid ETF(The) - 21Shares Hyperliquid ETF

<ul class="summary-bullets"><li>Bitwise said Bitcoin’s 90-day correlation with gold climbed to its highest level since 2020, while BTC gained 22.4% in one week and gold rose about 5%.</li><li>Its relationship with tech stocks weakened, with the 90-day correlation with the Nasdaq-100 falling to around 0.33, a one-year low.</li><li>The US Dollar Index moved in the opposite direction, while the Treasury prepares to increase some long-term bond buybacks.</li></ul>Bitcoin (BTC) is beginning to show a shift in the way investors are trading it, building its case as a hedge against market turmoil similar to gold and moving further from its long-standing reputation as a high-risk asset. New research from Bitwise revealed that Bitcoin’s 90-day correlation with gold has reached its highest point since 2020, while its correlation with the Nasdaq-100 has fallen to a one-year low.According to a <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://experts.bitwiseinvestments.com/cio-memos/more-than-ever-bitcoin-is-trading-like-digital-gold">memo</a> from Bitwise Director and Head of Research André Dragosch, the change came during a volatile period in the global markets. According to the report, Bitcoin gained 22.4% over the past week, its strongest weekly performance since March 2024. In contrast, gold rose about 5% during the same period, while stocks continued to decline.<h2 class="st-heading-2">Bitcoin Starts Trading More Like Gold</h2>At the same time, Bitcoin’s 90-day correlation with the Nasdaq-100 fell to a one-year low after dropping to around 0.33 in late August. According to Dragosch, it is notable since Bitcoin has often traded like a high-risk tech asset. Bitwise added that the latest data suggest that the relationship may now be weakening. Bitwise reported that Bitcoin’s 90-day correlation with the U.S. Dollar Index at -0.35 in late August.The negative reading shows that the two tended to move in opposite directions over the period. The firm also added that Bitcoin and gold are not identical assets. Gold has a much longer history as a store of value, while Bitcoin is newer and has historically been more volatile.<figure class="image"><img src="https://news.stocktwits-cdn.com/BTCUSD_2026_09_06_06_45_58_71349a014e.png" alt="BTCUSD_2026-09-06_06-45-58.png" width="2176" height="1617"><figcaption>Bitcoin has surged 30.63% over the past 3 months, far outpacing gold’s 2.62% gain, as both assets moved higher in August. Source: TradingView</figcaption></figure>Bitcoin has performed better than gold over the past three months, up 30.59% vs. gold’s 2.62%. Both assets gained in August, but BTC’s more aggressive rallies and selloffs reveal its much higher volatility. The chart shows Bitcoin participating in the same broader “debasement trade” as gold, while still acting more like a high risk asset.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $79,978, below 3% in the last 24 hours. On Stocktwits, retail sentiment around BTC remained in the ‘neutral’ zone, accompanied by ‘normal’ chatter levels over the past day.&nbsp;<a href="https://stocktwits.com/symbol/XAUUSD">XAUUSD’s price</a> was trading at $4,429 at the time of writing. On Stocktwits, retail sentiment around XAUUSD remained in the ‘bearish’ zone, accompanied by ‘high’ chatter levels over the past day.&nbsp;<h2 class="st-heading-2">Treasury Buybacks Put Liquidity In Focus</h2>The research comes as the US Treasury prepares to increase some of its long-term bond buybacks. Treasury said it will increase the size of buybacks for 10- to 20-year and 20-to-30-year Treasury securities from $2 billion to at least $4 billion per operation, starting September 9.&nbsp;The department said the move aims to provide more liquidity in longer-dated Treasury markets. Bitwise argued that periods of stronger government intervention and concerns about the value of traditional currencies could make Bitcoin more attractive alongside gold.&nbsp;Read also: <a href="https://stocktwits.com/news-articles/markets/cryptocurrency/zcash-flips-hype-as-24b-open-interest-rally/cZtbQShRJDM">Zcash Flips HYPE As $2.4B Open Interest Raises The Stakes For Its Rally</a>For updates and corrections, email newsroom[at]stocktwits[dot]com

Replica bitcoins are seen in this photo illustration on November 4, 2017. (Photo by Jaap Arriens/NurPhoto via Getty Images)

Bitcoin-Gold Correlation Hits Nearly Six-Year High As BTC Breaks From Tech Stocks

Bitcoin is beginning to show a shift in the way investors are trading it, building its case as a hedge against market turmoil similar to gold and moving further from its long-standing reputation as a high-risk asset. New research from Bitwise revealed tha

Bitwise said that Bitcoin is increasingly trading like gold rather than a tech asset, strengthening its long-running “digital gold” case.

STKd 100% Bitcoin & 100% Gold ETF

iShares Bitcoin Trust ETF

Gold U.S. Dollar

<ul class="summary-bullets"><li>Zcash overtook Hyperliquid as the ninth-largest cryptocurrency by market cap, according to CoinGecko data.</li><li>ZEC traded above $1,100 but was still far below the all-time high it reached a decade earlier.</li><li>Open Interest in ZEC perpetuals hit a record of over $2 billion, with roughly $34 million in shorts liquidated.</li></ul>Zcash (ZEC) jumped past Hyperliquid (HYPE) on Sunday to become the ninth-largest cryptocurrency by market cap, as a month-long rally in the privacy token showed no signs of slowing.CoinGecko data showed that ZEC’s market cap soared to around $19.80 billion, surpassing HYPE’s $19.36 billion.&nbsp;<a href="https://stocktwits.com/coins/zcash">Zcash’s price</a> was up over 16% during the past 24 hours, trading at $1,170. On Stocktwits, the retail sentiment around ZEC remained in the ‘extremely bullish’ zone, while chatter around it stayed at ‘extremely high’ levels over the past day. The flip completed a breakout that began on Friday when&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/zcash-tops-1-000-for-first-time-in-a-decade-as-short-covering-drive-rally/cZsz48zRJDn">ZEC topped $1,000</a> for the first time in a decade.<h2 class="st-heading-2">Still Far From Record</h2>But even with the recent rally, ZEC remained far below its all-time high of $3,191, which it reached in October 2016. The gap, hence, raises a question not about whether ZEC can rise in price but whether it can hold the rally.<figure class="image"><img src="https://news.stocktwits-cdn.com/koyfin_20260906_034313455_c3eb5836a7.png" alt="koyfin_20260906_034313455.png" width="3600" height="1860"><figcaption>ZEC’s 14-day RSI hits 82 as the token surges above $1,100, trading more than 2.5 times its 200-day moving average. Source: Koyfin</figcaption></figure>Koyfin data suggested that the move was stretched. ZEC was trading at more than 2.5 times its 200-day simple moving average (SMA) of $449.40. The 200-day average was a common gauge of an asset's long-term trend, and a gap this wide above it usually signals a rally that has run ahead of itself.<h2 class="st-heading-2">Leverage Doing The Heavy Lifting</h2>Open interest (OI) in ZEC perpetuals — the total value of open leveraged bets- hit a record high of roughly $2.4 billion on Friday, according to CoinGlass data. Open interest has tracked price almost exactly throughout the rally, a sign that new leveraged positions rather than spot buying alone have been driving the move.The liquidation data also showed how leverage snowballed. CoinGlass showed a first wave of short liquidations of $25 million to $30 million a day around August 19 to 22, when the rally began to gain pace, followed by another batch of about $34 million in forced short closures in the latest session as ZEC pushed through $1,000. Each round of short covering took the price higher and attracted more leveraged longs behind it.<h2 class="st-heading-2">Overbought, And Vulnerable To A Reversal</h2>ZEC’s 14-day relative strength index (RSI) was 82.18. RSI measures the speed of recent price moves on a scale of 0 to 100, with readings above 70 considered ‘overbought.’ ZEC at 82 was far above that line, indicating strong momentum but also a rally that is susceptible to a pullback.Leverage at a record, the same crowding that squeezed shorts on the way up could turn just as fast. CoinGlass data showed the biggest single liquidation event of the year wasn’t a short squeeze but rather a long wipeout of about $67.6 million in early June as ZEC fell to around $380 after the&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/zcash-is-stronger-than-ever-says-zodl-founder-orchard-vulnerability-fix/cZ0v2TQR7Gd">Orchard vulnerability</a> announcement. With open interest at an all-time high and the RSI overbought, a sharp reversal could trigger a similar cascade of long liquidations.<h2 class="st-heading-2">What Are Retail Traders Saying? &nbsp;</h2><stembedurl>https://stocktwits.com/Laminar_Flow/message/663695885</stembedurl>One Stocktwits user&nbsp;said this was "no ordinary short squeeze," noting that "millions of dollars [were] being liquidated every hour as it [moved] higher," and that those liquidations "equate to buys." The user added that breaking $1,000 dissolved “any amount of near-term resistance, especially the psychological barrier that many thought it would face," calling the setup "a rare opportunity to make a ton of money on a free ride courtesy of overextended shorts."Read also: <a href="https://stocktwits.com/news-articles/markets/cryptocurrency/jordi-visser-bitcoin-crypto-outlook/cZsz0qaRJDr">Wall Street Veteran Jordi Visser Says Crypto Isn't A Binary Bet - It Doesn't Have To Be 'Worth A Million' To Be 'Worth Something'</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration a Zcash logo seen displayed on a smartphone with the price graph information of Zcash in the background. (Photo Illustration by Thiago Prudencio/SOPA Images/LightRocket via Getty Images)

Zcash Flips HYPE As $2.4B Open Interest Raises The Stakes For Its Rally

ZEC’s 14-day RSI reached over 82, well into the ‘overbought’ territory, and the token traded more than 2 times its 200-day moving average.

Grayscale Zcash Trust ZEC

<ul class="summary-bullets"><li>Jordi Visser said on Saturday that investors were wrong to think of crypto in terms of binaries.</li><li>He argued that it's either "worth something" or it's not, in a conversation with Anthony Pompliano.</li><li>Visser said crypto was very underowned and that AI agents needing to "transact in seconds" would force full tokenization by February next year.</li></ul>Jordi Visser, a Wall Street veteran, said that investors were wrong to think of crypto “in terms of binaries,”&nbsp; and that it is either “worth something” or it’s not.Speaking with Anthony Pompliano on Saturday, Visser, a macro strategist at 22V Research,&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=5UhtaqWLSG0">made the remarks</a> in a wide-ranging discussion about rates, artificial intelligence, and crypto. He argued that zero exposure to Bitcoin (BTC) was in itself a directional bet, and not a neutral one.&nbsp;He argued that, “If you have 0% weighting in Bitcoin,&nbsp;an investor is effectively assigning a “0% probability” to crypto's potential future impact. He further added that a 0% allocation was no longer defensible for a diversified portfolio.<h2 class="st-heading-2">Crypto Is 'So Underowned'</h2>Visser linked that argument to crypto's size in relation to global wealth. "At a three-trillion-dollar, four-trillion market cap relative to 700 trillion in the human world, this is so underowned.” He connected the case to AI agents, saying they will force the issue of tokenization, regardless of investor sentiment. “Agents need to transact in seconds,” he said, predicting that assets “will be fully tokenized by February of 2027.”<h2 class="st-heading-2">Rates Matter Less Than Investors Think</h2>Visser also argued that rising rates were not a big threat to markets, pointing to AI company margins as evidence. He fact-checked the math using large language models (LLMs), found that "a 200 basis point rise in 10-year yields doesn't change the margins for Anthropic or OpenAI by very much. It's about from, let's say, 70% to 69%."&nbsp;Visser's comments come as Bitcoin was up 36.11% quarter-to-date (QTD), on pace for a third consecutive green Q3 after gains of 0.96% in Q3 2024 and 6.31% in Q3 2025, according to&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.coinglass.com/today">CoinGlass data</a>.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was up by 0.9% in the past 24 hours. On Stocktwits, the retail sentiment around BTC moved to the ‘neutral’ zone from the ’ bullish’ zone, as chatter around it stayed at ‘normal’ levels over the past day.<h2 class="st-heading-2">Other Investors See It Too</h2>Visser was not the only one with a bullish outlook for Bitcoin.ARK Invest's Cathie Wood, speaking on her "<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=bjgy0BVFQx0">In The Know</a>" episode on Friday, called Bitcoin "a technology revolution" and "a new global monetary system," and said she expected the Bitcoin-to-gold ratio to climb to all-time highs as AI-driven "creative destruction" raised counterparty risk across markets.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/national-sheriffs-association-clarity-act-opposition-senate-10-days/cZszLHfRJDA">National Sheriffs’ Association Drops CLARITY Act Opposition As Senate Window Narrows To 10 Days</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Bitcoin physical tokens sit next to a collection of U.S. dollar bills in this arranged photograph on 01 November 2017, in Hong Kong, China. (Photo by studioEAST/Getty Images)

Wall Street Veteran Jordi Visser Says Crypto Isn't A Binary Bet - It Doesn't Have To Be 'Worth A Million' To Be 'Worth Something'

Veteran Wall Street investor Jordi Visser said a 0% weighting in Bitcoin was a directional bet, and argued the position was no longer defensible for a diversified portfolio.

Jordi Visser Says Zero Bitcoin Exposure Is No Longer Defensible

Veteran Wall Street investor Jordi Visser said a 0% weighting in Bitcoin was a directional bet, and argued the position was no longer defensible for a diversified portfolio.


Grayscale Bitcoin Mini Trust ETF

Grayscale Bitcoin Trust

<ul class="summary-bullets"><li>The National Sheriffs’ Association moved from opposing the CLARITY Act to a neutral position after raising law enforcement and public safety concerns in July.</li><li>The group has questioned parts of the bill tied to DeFi, including registration, customer identity checks, anti-money laundering controls, and sanctions requirements.</li><li>NSA’s stance comes as the Senate prepares for a key procedural step on September 15.</li></ul>The National Sheriffs’ Association (NSA) has dropped its opposition to the Digital Asset Market Clarity Act (CLARITY Act) and has adopted a more neutral stance, marking a clear shift from the concerns it raised just over a month ago.In a<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://cdn.sanity.io/files/ifn0l6bs/production/4d55f93dc3887ab7b158a824fd70588c7e6b7742.pdf"> letter</a> on Thursday, the NSA said that it has changed its stance on the CLARITY Act. Though they described the bill as an “extraordinarily complex policy area,” they also acknowledged the work being done by Congress, the administration, and other stakeholders on the bill’s legal, regulatory, and enforcement issues.The group added that several important details were still being considered, and therefore it changed its position from opposition to neutral and said it would step back while the legislative process continued.<h2 class="st-heading-2">Why The NSA Changed Its Stance</h2>In<a href="https://stocktwits.com/news-articles/markets/equity/crcl-clarity-act-sheriffs-drop-opposition-section-604/cZmQtqzR7kP"> a July letter</a>, the NSA said it supported efforts to create clear rules for the digital-asset market. But it warned that parts of the bill still posed “significant law enforcement and public safety risks.”&nbsp;The group’s concerns centered on decentralized finance, or DeFi. The group said some parts of the bill could allow&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/crcl-clarity-act-sheriffs-drop-opposition-section-604/cZmQtqzR7kP">certain participants to avoid registration</a>, customer identity checks, anti-money laundering controls, and sanctions requirements. The NSA had also raised concerns about crypto tools such as mixers, tumblers, and cross-chain bridges. They said these tools could make it harder for police to trace illegal transactions and recover stolen crypto.<h2 class="st-heading-2">Senate Faces September 15 Deadline</h2>This movement comes as the Senate approaches its next procedural step on the bill. According to the&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.dailypress.senate.gov/friday-september-4-2026/">US Senate Daily Press</a>, the cloture motion on H.R. 3633, the CLARITY Act, is scheduled for consideration on September 15 at 2:15 pm. The vote would determine whether the Senate can move forward with consideration of the bill. However, it is not a final vote on passage.The NSA’s move removes its formal opposition. However, the recent letter does point to the fact that there are still several details that are under review. More broadly, lawmakers are trying to create clearer rules for digital assets while also protecting investors and preserving law-enforcement tools.<h2 class="st-heading-2">Bitwise’s Matt Hougan Is Cautious On CLARITY Vote</h2>Bitwise Chief Investment Officer&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitwise-robinhood-solana-uniswap-and-ethereum-tokenization-basket/cZszWvtRJDq">Matt Hougan said in an</a>&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=albS12m3m7c">interview</a> with Paul Barron that he was “cautious” on the Senate vote of the CLARITY Act, putting the odds below even while claiming they were better than prediction-market prices suggested. "He claimed the ethics section would make it hard for Democrats to support the bill in the current political context.It’s asymmetric, because failure was already priced in by the market, he said. A failure would be a “non-event" and passage would be an upside surprise, sending Bitcoin (BTC) back toward six figures and pushing DeFi valuations sharply higher, added Hougam<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $79,731, up 0.2% in the last 24 hours. On Stocktwits, retail sentiment around&nbsp; BTC dropped to ‘neutral’ from the ‘bullish’ zone, accompanied by ‘normal’ chatter levels over the past day.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitwise-robinhood-solana-uniswap-and-ethereum-tokenization-basket/cZszWvtRJDq">Bitwise's Matt Hougan Names Robinhood, Solana, Uniswap And Ethereum As His Tokenization Basket</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

President Trump met with representatives of the National Sheriffs Association to discuss law enforcement in 2018. (Photo by Alex Wong/Getty Images)

National Sheriffs’ Association Drops CLARITY Act Opposition As Senate Window Narrows To 10 Days

The NSA is no longer formally opposing the CLARITY Act, as Congress and the administration continues working through the bill’s legal, regulatory, and enforcement issues.

National Sheriffs' Association Reverses On CLARITY Act As Vote Clock Runs Down

The NSA is no longer formally opposing the CLARITY Act, as Congress and the administration continues working through the bill’s legal, regulatory, and enforcement issues.


Gemini Dollar

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<ul class="summary-bullets"><li>Bitwise CIO Matt Hougan has long held a broad basket of Robinhood, Solana, Uniswap, and Ethereum.</li><li>Hougan termed it a probable buy and a 10-year hold on Robinhood.</li><li>Hougan said he was also bullish on Coinbase and is betting on traditional finance firms that fight tokenization.</li></ul>Investors should spread their bets across a number of firms in the tokenization trade rather than going all-in on one company, said Bitwise Chief Investment Officer Matt Hougan, who pointed to a basket of Robinhood Markets (HOOD), Solana (SOL), Uniswap (UNI) and Ethereum (ETH) that he likes.In an&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=albS12m3m7c">interview</a> with Paul Barron on Friday, Hougan said the transition to tokenized rails would happen regardless of regulatory scheduling but the details of how it plays out are still too fuzzy to make single-asset positions problematic. He used Solana as an example of a concentrated bet, stating it was probably unwise to put all your chips in one network and stop there, while still listed the same token among the four he wishes to possess.&nbsp;Uniswap still had an asset valuation of around $5 billion, Hougan claimed, a valuation that appeared wrong by a factor of 10. The fee burn for the protocol is $120 million to $130 million on a yearly basis, he said, which could be outdated.&nbsp;<a href="https://stocktwits.com/coins/uniswap">UNI’s price</a> was up over 0.2% in the last 24 hours, with the token rallying about 150% in the last 3 months. On Stocktwits, retail sentiment around UNI remained in the ‘extremely bullish’ zone, with chatter stayed at ‘high’ levels over the past day.&nbsp;<a href="https://stocktwits.com/coins/ethereum">Ethereum’s price</a> was trading around $2,457, up 0.2% in the last 24 hours, with the token rallying about 51% in the last 3 months. On Stocktwits, retail sentiment around ETH remained in the ‘bearish’ zone, accompanied by ‘normal’ chatter levels over the past day.&nbsp;<a href="https://stocktwits.com/coins/solana">Solana’s price</a> was trading $102.87, up over 1% in the last 24 hours, with the token rallying about 58% in the last 3 months. On Stocktwits, retail sentiment around SOL dropped to the ‘bearish’ zone from the ‘neutral’ zone, accompanied by ‘normal’ chatter levels over the past day.<h2 class="st-heading-2">Calls Robinhood A Decade-Long Hold</h2>Hougan reserved his strongest words for Robinhood. If he had to pick one financial&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/cathie-wood-s-ark-invest-buys-hood-stock-as-robinhood-sees-its-third-best-week-in-six-months/cZszOK7RJDo">stock to buy and hold for 10 years</a>, it would be Robinhood, he said. He said the corporation was becoming a financial monster, and had proved it could reinvent itself time and time again.The switch bucked his own long-held belief that each generation gets one brokerage and sticks with it — the way Robinhood is to millennials what E*Trade was to Generation X and Charles Schwab was to baby boomers, he added. At the same time, he said, the firm was going upstream to richer consumers, and into the institutional advising area through acquisitions.Hougan said he will be long Robinhood and Coinbase (COIN) and short the traditional finance companies that aren’t trying the transition. He said Coinbase's stance was an easy fix, adding the company can be slow at times, but it gets the job done.And he noted a lot of the growth came from activity on Robinhood Chain, noting that penetration was still early, especially for U.S. customers. Rival brokerages, he claimed, would see Robinhood developing what he called a billion-dollar business in months and would attempt to copy the technique, bringing DeFi protocols such as Uniswap, Morpho and Aerodrome into its go-to-market.Investors were underestimating the extent of the opportunity, Hougan said. “This is not a $2 trillion market. This is a $500 trillion market,” Hougan added, including mortgages, home equity loans and cross-border finance, said Hougan.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoins-coiled-spring-setup-economist-james-thorne-bullish/cZszgjHRJDp">Bitcoin’s ‘Coiled Spring’ Setup Has Economist James Thorne Bullish On The ‘Next Big Trade’</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In this photo illustration, the Bitwise logo is seen on a smartphone and in the background. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)

Bitwise's Matt Hougan Names Robinhood, Solana, Uniswap And Ethereum As His Tokenization Basket

Bitwise CIO envisions tokenization spreading beyond crypto into a possible $500 trillion asset market.

Coinbase Global Inc

<ul class="summary-bullets"><li>James Thorne, chief market strategist at Wellington-Altus, called Bitcoin a "coiled spring" and the market's "next big trade" on Friday.</li><li>He tied the call to a thesis that the U.S. should grow out of debt through supply-side, non-inflationary growth.</li><li>He ranked Bitcoin above gold and Micron Technology, and reinforced Bitcoin's role as a "neutral asset" in a digitizing global economy.</li></ul>James Thorne, PhD Economist and Chief Market Strategist at Wellington-Altus, doubled down on his bullish Bitcoin (BTC) call, calling the cryptocurrency a “coiled spring” and the market’s “next big trade.”Speaking in an&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=0n8_IqOep_s">interview</a> with Mark Moss on Friday, Thorne made the case for a macro thesis that the U.S. should grow out of debt through supply-side and non-inflationary growth rather than through a war. According to him, Bitcoin was one of the clearest beneficiaries of that shift.Thorne singled out Bitcoin among all the other assets when he was asked where he saw the next big trade for investors who can hold through volatility. "It's not gold, I think gold can double from here. It's not Micron (MU); Micron can double from here, but you've got this - Bitcoin is a coiled spring,” he noted.&nbsp;<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was up by 0.2% in the past 24 hours. On Stocktwits, the retail sentiment around BTC moved to the ‘neutral’ zone from the ’ bullish’ zone, as chatter around it stayed at ‘normal’ levels over the past day.<h2 class="st-heading-2">Why Bitcoin Goes Up Next</h2>He said that narrative tended to follow price, and that he expected a wave of bullish catalysts to emerge once Bitcoin turned higher.&nbsp;These included a broader debasement trade, a manufacturing rebound above 50 on the ISM index, and Bitcoin becoming a “standard contributor to asset allocation platforms” as investors realized that a 3% to 5% allocation would improve a portfolio’s Sharpe ratio, which measures how much return an investment delivers for each unit of risk it takes on. But according to Thorne, beneath these lay a more fundamental point that people were missing. Bitcoin was “a neutral asset” for a global economy that was “going digital” as financial markets move onto blockchain rails.<h2 class="st-heading-2">The Technical Signal He's Watching</h2>Thorne said he ignores headlines in favor of a single technical signal, like the 200-day exponential moving average. "When it's upward sloping and right positive, you buy. When it's downward sloping, it's negative, you sell," he said, adding that Bitcoin was "very close" to that crossover turning positive.Thorne posted a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/DrJStrategy/status/2096048099617652941">chart on X</a> showing Bitcoin's 30-week and 40-week exponential moving averages (EMAs), which weight recent prices more heavily than a simple average.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/DrJStrategy/status/2096048099617652941" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_09_05_at_9_57_57_AM_c349eb408d.png" alt="Screenshot 2026-09-05 at 9.57.57 AM.png" width="788" height="1232"></a><figcaption>Source: @DrJStrategy/x</figcaption></figure>Both had both turned upward, and he called that shift "the transition from a bearish grind to a bullish reversal, not a one-day bounce," and noted that the intermediate trend had “changed from down to up," even though price could “still chop."Thorne said his own portfolio reflects the conviction, and that his “risk capital” was in Bitcoin. He pointed to the top cryptocurrency’s performance over the last 11 months, and said, "You can't give it away right now. So, I'm very bullish."That bullishness carries a condition. If Democratic Socialists gain control of Congress after the 2026 midterms, Thorne said, "then the bullish thesis is off the table," an outcome he said would also make him "excessively bearish" on markets broadly.<h2 class="st-heading-2">Thorne Defended Bitcoin Before</h2>Thorne's comments come from his extended bullish position on Bitcoin. In July, after Bitcoin and gold ranked among 2026's worst-performing assets despite an active US-Iran war, Thorne had&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/gold-and-bitcoin-are-2026-s-worst-assets-despite-active-war-market-strategist-says-it-s-something-we-haven-t-seen-before/cZZLtqwR7Mt">argued</a> that regulatory uncertainty, not volatility, was the real barrier to Bitcoin adoption, pegging its long-term upside at $240,000 to $250,000 if it matches Nvidia's (NVDA) market capitalization, or $1.5 million to $1.8 million if it matches gold's.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/cathie-wood-s-ark-invest-buys-hood-stock-as-robinhood-sees-its-third-best-week-in-six-months/cZszOK7RJDo">Cathie Wood’s Ark Invest Buys HOOD Stock As Robinhood Sees Its Third-Best Week In Six Months</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Bitcoin is a digital peer to peer decentralized crypto-currency. Bitcoin is now accepted as a form of payment for many businesses and private transactions of goods and services. (Photo by Ted Soqui/Corbis via Getty Images)

Bitcoin’s ‘Coiled Spring’ Setup Has Economist James Thorne Bullish On The ‘Next Big Trade’

Economist James Thorne said his risk capital was in Bitcoin, though he flagged that a socialist-aligned Congress after the 2026 midterms could change his bullish thesis.

ARK 21Shares Bitcoin ETF

BITWISE BITCOIN ETF

VanEck Bitcoin Trust

SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

Sovereign frontier cloud for AI that builds  AI agents are starting to build and operate real software. Agentic organizations are starting to coordinate people, code, data, payments, and governance. Both need a cloud that is sovereign, tamperproof, and always on.  The Internet Computer is that cloud.  Built on more than USD 500 million in R&amp;D, ICP uses advanced blockchain technology and cryptography to run entire software systems end-to-end on the network: websites, apps, services, data, payments, and governance. Code and data are protected by the protocol, replicated across independent nodes, and cannot be silently changed by a cloud provider, backend operator, or attacker.  Cloud engines make this infrastructure sovereign. They let organizations run ICP-powered compute across chosen providers, locations, and jurisdictions while keeping the same tamperproof and always-on guarantees of the network.  This is the real demand ICP serves: sovereign frontier cloud for AI agents and agentic organizations. Agents can build and update software. Organizations can run rules, assets, and governance as verifiable systems. The result is software that stays online, keeps its data, and remains under the control of its owners.  Developers and AI agents can build on the Internet Computer with any AI assistant using the ICP skill library at skills.internetcomputer.org, or by creating apps through conversation with Caffeine AI.  Computation on ICP is paid for by converting $ICP into cycles. $ICP is also used for staking and governance through the Network Nervous System.

Internet Computer

Discussion is currently fragmented, with participants debating the project's long-term utility as a decentralized infrastructure provider against its persistent price underperformance and controversial tokenomics. Many traders remain bullish on the technology, citing ongoing government partnerships and AI integration, while others express frustration over the asset's failure to maintain momentum and lack of mainstream adoption.

BNB is the native utility token of the BNB Chain ecosystem, acting as a multi-chain asset that powers decentralized applications and facilitates value exchange across its network. It serves as the primary asset for paying transaction gas and smart contract deployment fees while providing users with tiered fee discounts on the Binance exchange. The project’s main value proposition lies in its unified multi-chain architecture, which integrates a smart contract platform, a Layer 2 scaling solution, and a decentralized data storage network into a cohesive settlement and data availability layer.  The network operates on a Proof of Staked Authority consensus mechanism, utilizing a group of 21 active validators known as the Cabinet to verify transactions and produce blocks every 3 seconds. Validators are elected daily based on the amount of BNB staked or delegated to them, and the system employs fast finality and slashing penalties to maintain security and integrity. To manage its long-term economy, the project uses a programmatic dual-burn strategy that permanently removes tokens through real-time fee destruction and quarterly buybacks.  Launched in 2017 by the Binance platform, the project initially distributed 50% of its 200 million token supply to the public, while the founding team received 40% and angel investors were allocated 10%. Though it began as a token on the Ethereum network, it eventually migrated to its own autonomous architecture that remains fully compatible with the Ethereum Virtual Machine. Today, the token's utility includes paying for network gas, participating in staking rewards, and enabling decentralized governance through which holders can vote on technical upgrades and economic changes.

Binance

The conversation surrounding BNB is heavily fragmented, dominated by promotional activity for micro-cap tokens, speculative technical analysis using Elliott Wave theory, and recurring calls to "dump" the asset. While some users discuss the broader crypto market's sensitivity to interest rates and geopolitical tensions, there is no single finance-related catalyst driving consensus.

Curaleaf Holdings, Inc. operates as a holding company with interest in medical and wellness cannabis operations. It operates through the Domestic Operations and International Operations segments. The company was founded on November 13, 2014 and is headquartered in Stamford, CT.

Curaleaf Holdings Inc

Curaleaf is trending as traders closely monitor developments surrounding its hostile takeover bid for Aurora Cannabis and potential federal Schedule III rescheduling. Discussion focuses on the company's international footprint and expansion efforts relative to industry peers.

The mission of the Worldcoin project is to build the world’s largest identity and financial network as a public utility, giving ownership to everyone. A key component of the Worldcoin project is the development of the foundational infrastructure that will be important for a world where AI plays an increasingly large role.  The Worldcoin system revolves around World ID, a privacy-preserving global identity network. World ID enables users to verify their humanness online while maintaining their privacy through zero-knowledge proofs.  Using World ID, individuals will be able to prove that they are a real, unique human to any platform that integrates with the protocol, including to web3 systems, social networking sites, and governmental programs. This will enable fair airdrops or token/NFT sales, provide protection against bots/sybil attacks on social media, and enable the fairer distribution of limited governmental resources. Furthermore, World ID can also enable global democratic processes and novel forms of governance (e.g., via quadratic voting), and it may eventually show a path to AI-funded UBI. The Worldcoin token (WLD), alongside World ID, will let users participate in governing the Worldcoin protocol.   To engage with the Worldcoin protocol, individuals must first download a first wallet app that supports the creation of a World ID. Users visit a physical imaging device called the Orb to get their World ID Orb-verified. Orbs are operated by a network of independent local businesses called Orb Operators. The Orb uses multispectral sensors to verify humanness and uniqueness to issue an Orb-verified World ID, with all images being promptly deleted on-device per default (absent explicit consent to Data Custody). All Orb-verified World IDs holders are entitled to claim recurring grants of free WLD tokens, subject to certain availability restrictions. The WLD token is designed as a utility token with governance properties.

Worldcoin

Worldcoin is trending as investors react to its recent price appreciation and its ongoing connection to OpenAI's ecosystem, with many traders speculating on potential benefits from a future OpenAI IPO. While some express optimism about Worldcoin's role in AI identity verification and machine-to-machine transactions, others remain skeptical, citing concerns over volatility, dilution, and the influence of high-profile traders.

iShares Trust - iShares Russell 2000 Index Fund

iShares Russell 2000 ETF

The conversation surrounding IWM is dominated by traders debating the index's performance relative to major benchmarks, with many highlighting its susceptibility to interest rate fluctuations and volatility. Opinions are split, as some participants interpret current price action as a technical setup for a potential bounce or breakout, while others express skepticism, citing concerns about market manipulation and broader economic headwinds.

Cardano is a blockchain platform built on academic research that enables smart contracts and decentralized applications while using significantly less energy than traditional cryptocurrencies like Bitcoin.   What sets Cardano apart is its methodical, research-driven approach — every major feature is peer-reviewed by scientists and cryptographers before being added to the network. This careful process aims to create a more secure and stable foundation compared to platforms that prioritize speed over thorough testing. The platform's native cryptocurrency, ADA, is used to send money, pay transaction fees, and participate in network governance.  Cardano uses a proof-of-stake system to process transactions, which works differently from Bitcoin's mining approach. Instead of competing to solve complex puzzles, users can "stake" their ADA — essentially locking it up temporarily — to become validators who verify transactions. The system selects validators based on how much ADA they've staked and for how long, then rewards them with additional ADA for their participation. This approach uses far less energy than traditional mining while keeping the network secure. The platform also features a two-layer design that separates basic payment transactions from smart contract operations, allowing each function to be optimized independently for better performance.   ADA holders can earn staking rewards by locking up their tokens to help secure the network, vote on proposed changes to the platform, and use ADA for international money transfers with lower fees than traditional services.  Cardano was founded in 2017 by Charles Hoskinson, who previously helped create Ethereum. Hoskinson leads Input Output Global (IOG), the technology company that builds and maintains Cardano's core software. The ecosystem operates through three organizations: IOG handles technical development, the Cardano Foundation promotes adoption and standardization, and Emurgo helps businesses integrate blockchain technology into their operations. This structure distributes responsibilities across multiple groups rather than concentrating control in a single entity.   In February 2025, major asset manager Grayscale Investments filed to create an exchange-traded fund (ETF) for Cardano with the U.S. Securities and Exchange Commission, which would allow traditional investors to buy ADA through their regular brokerage accounts without needing to set up cryptocurrency wallets.

Cardano

Cardano is experiencing heightened discussion as traders debate whether the asset is poised for a significant bull run or remains trapped in a long-term decline. While some community members are accumulating and citing upcoming technical developments and institutional interest, others are dismissing the activity as a pump-and-dump scheme or expressing frustration over stalled price action.

Listed Funds Trust - Roundhill Magnificent Seven ETF

Roundhill Magnificent Seven ETF

The Roundhill Magnificent Seven ETF is trending as traders debate whether recent price action represents a healthy consolidation and potential setup for a 'catch-up' rally or a deeper breakdown in leadership. Community sentiment remains divided between those viewing the pullback in these mega-cap tech stocks as a buying opportunity and those concerned about the sustainability of high capital expenditure cycles within the AI sector.

ProShares Trust - ProShares UltraPro QQQ 3x Shares

ProShares UltraPro QQQ

The conversation is fragmented across themes including geopolitical tensions in the Middle East, skepticism regarding U.S. government fiscal policy and debt, and broader market sentiment surrounding interest rate expectations. Traders frequently debate the sustainability of recent rallies and potential upcoming volatility given macroeconomic uncertainties.

Energy Fuels, Inc. is a mining development company, which engages in the exploration and evaluation of uranium and vanadium properties. It operates through the following segments: Uranium, Rare Earth Elements (REE), and Heavy Mineral Sands (HMS). The uranium segment engages in conventional and ISR uranium extraction, recovery and sales of uranium from mineral properties and the recycling of uranium-bearing materials generated by third parties along with the exploration, permitting and evaluation of uranium properties in the U.S. The REE segment is engaged in the company’s initiatives to progress towards full REE separation capabilities at the Mill to produce both light and heavy separated REE oxides in the coming years. The HMS segment engages in the exploration, development and recovery of HMS at the Kwale Project, Bahia Project, Vara Mada Project and the company’s equity method investments in the Donald Project JV and Tate. The company was founded by George E. L. Glasier and John David Mason on June 24, 1987 and is headquartered in Lakewood, CO.

Energy Fuels Inc

Energy Fuels is trending as traders focus on the company's progress in building a vertically integrated, mine-to-magnet supply chain. Conversation is heavily centered on the strategic importance of the Australian Strategic Materials and VAC acquisitions in securing domestic rare earth production for U.S. national security and meeting 2027 defense-grade magnet requirements, though some investors remain frustrated by the stock's recent volatility and performance.

Groupon, Inc. engages in the global scaled two-sided marketplace that connects consumers to merchants. It operates through the North America and International geographical segments. The company was founded by Andrew D. Mason, Eric Paul Lefkofsky, and Bradley A. Keywell in October 2008 and is headquartered in Chicago, IL.

Groupon Inc

Groupon is receiving intense attention from traders focused on a potential short squeeze, citing high short interest relative to the float and aggressive institutional accumulation. The community is divided between bulls who anticipate a mechanical "gamma squeeze" driven by options hedging and buybacks, and skeptics who remain wary of the company's long-term growth and revenue performance.

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Ripple

Dogecoin

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Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

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SPDR S&P 500 ETF

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

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