PA Daily, Tether is launching USAT; Polymark is planning to return to the United States and seek new financing

Today's news alert:

1. United States stock collections: the three equity indices are rising and falling, and Gemini ' s first day on the market skyrocketed by 14.29 per cent

2. Pembo Analyst: REX-Osprey Dog ETF is postponed until next week

3. Tether CEO: The company is introducing an American-based stability currency called USAT

4. Polymarket plans to return to the United States and seek new financing, with a projected value of $10 billion

5. Galaxy Digital has purchased approximately $1.16 billion in SOL over the past three days, most of which have been held in trust

6. WisdomTree launched its first monetization fund to provide investors with private credit exposure

7. Ark Invest increased its holdings of approximately $1.77 million Bullish and $4.53 million Figma

8. Arthur Hayes: Cow City will last until next year, and Trump will stimulate the economy by the middle of next year

Macro

The Massachusetts Attorney General's office has accused Kalshi of violating the Sports Lottery Act

According to Cinderesk, Andrea Joy Campbell, Attorney General of Massachusetts, charged in litigation that the forecast market, Kalshi, was violating the Malagasy lottery law. The document alleges that Kalshi ' s contract for sports in January 2025 violated the State Sports Lottery Act, which requires the operator to hold a licence. Campbell requested the court to prohibit Kalshi from operating the sports forecast market without a license in the state and to seek economic and other relief。

United States stock collections: the three major points are rising and falling, and Gemini's first day on the market skyrocketed by 14.29 per cent

The U.S. stock is closed on Friday, meaning an initial drop of 0.59 per cent, a drop of 0.05 per cent in the Standard 500 index and an increase of 0.44 per cent. Tesla (TSLA.O) rose by 7.36 per cent, Orcl.N by over 5 per cent and Apple (AAPL.O) by 1.76 per cent. The encryption trading platform Gemini Space State (GEMI.O) rose by 14.29 per cent on its first day。

Project developments

Pember Analyst: REX-Osprey Dog ETF is postponed until next week

According to Eric Balchunas, a Bloomberg ETF analyst on platform X, REX-Oprey Dog ETF (code DOJE) has been extended again and is expected to be on the market by mid-week (approximately Thursday)。

François Hodler airdrops are now on line for the 39th phase of the Boundless (ZKC)

According to the official announcement, François HODLer airdrops are now on line for the 39th phase of the project & ndash; Boundless (ZKC), a common ZK protocol that gives the block chain an Internet scale。

Between 08:00 and 07:59 (Eastern Region 8 Time) between 0209 and 060505, users who use BNB to obtain security will receive air drop distributions for the production of currency (regular and/or current) or chain-based money. HODLer air drop information is expected to be online within 24 hours and the new token will be distributed to the user ' s current wallet at least one hour before the transaction commences。

ON 15 SEPTEMBER 2025, AT 2000 HOURS (EASTERN SECTOR 8 TIME), FRANÇAIS WILL BE LISTED IN ZKC AND APPLY THE SEED LABEL TRADING RULES TO TRANSACTIONS WITH USDT, USDC, BNB, FDUSD AND TRY. THE ZKC RECHARGE CHANNEL WILL BE OPEN ON 12 SEPTEMBER 2025 AT 20:00 (EASTERN SECTOR VIII TIME)。

* Please note that ZKC will be wired and traded (time to be notified) in the currency Alpha activity, but that ZKC will no longer be displayed on the currency Alpha after the spot transaction has been opened。

Tether CEO: The company is introducing a U.S.-based stability currency called U.S.SAT

According to Kim Xa, Tether’s CEO: The company is introducing a United States-based stability currency called USAT。

Tether will appoint Bo Hines as CEO of Tether USAT

Tether released today his planned US dollar-supported USS stabilization currency and announced the appointment of Bo Hines as future CEO of Tether USAT. USAT will be designed in accordance with the recent United States Stability Currency Act. USAT will take advantage of Tether's Hadron technology, and Techorage Digital will be the issuer in compliance with the GENIUS Act. Both sides have worked together to provide a solution for Tether USAT to issue fully regulated digital dollars. The new token will use the Tether Group's global distribution network. Cantor Fitzgerald will serve as the designated reserve trustee and as a priority level trader。
Bo Hines integrated legal, commercial and policy expertise into the position of CEO of USAT. As an entrepreneur and former Executive Director of the White House Encrypted Monetary Commission, he has been active at the intersection of governance, law and financial innovation. His appointment highlighted Tether ' s commitment to launching USAT under the leadership of the United States and a clear understanding of the United States ' regulatory priorities。

Coinbase will upgrade all MDIC tokens to POL from 14 to 17 October

According to Coinbase, as Polygon PoS has upgraded its token from MATIC to POL. Coinbase will convert all Polygon (MATIC) tokens (including pledged assets) to Polygon Ecosystem (POL) between 14 and 17 October. Polygon (MATIC) incentives will not accumulate during migration。

Polymarket plans to return to the United States and seek new financing, with a projected estimate of $10 billion

According to Cointelegraph, informed sources revealed that the projected market, Polymarket, was exploring a return to the United States market while seeking new financing, which could more than triple its $1 billion valuation in June. It was reported that an investor valued the company at $10 billion. Polymarket raised $200 million in June, with investments from Peter Thiel ' s Founders Fund, an early supporter of OpenAI, Paxos and Palantir。

Views

Gemini Consortium predicts that bitcoin will reach $1 million in 10 years

According to CNBC, Tyler Winklevoss, the co-founder of the encryption exchange Gemini, said: “ we think bitcoin is version 2.0 gold. If Bitcoin could replace the gold status, it would still be only &lsquao; the first half of the first round & rsquao; because we expect it to cost $1 million each. In terms of current prices, bitcoin has at least 10 times more room to rise and is still at a very early stage. Ten years later, we'll say &lsquao; wow, it's too early & & rsquao; Almost no one was listening, and it is hoped that more will be heard today. We have come a long way. ”

Survey: PancakeSwap half &ldquao; random &rdquao; winners appear to be connected

According to Cointelegraph, a trade competition organized by PancakeSwap would have claimed random rewards for winners, but block chain records show that about half of the 1,700 winning wallets are interconnected. This was the second time that a similar event was held, and the rule was that investors would earn points in the currency of the five sponsors of the Alpha Plan (League of Traders, Bedrock DAO, MilkyWay, NodeOps and Moonveil). The presentation stated that winners who met the third-tier transaction volume threshold would enter & ldquo; random lucky draw & rdquo; However, the media found that at least 850 winning wallets were financed by other winning wallets, which transferred BNBs to each other, and to the next wallet to repeat the transaction by knocking on sponsors ' tokens to reach the volume threshold. According to the representative of Traders, the wallets were directly linked and were all selected, with almost no probability of their continuing occurrence。

Vitalik: Not recommended for AI governance, which could lead to a proliferation of escape tools and fraudulent contributions

The concern about communities where &ldquao; AI may have been deceived and fished in an extremely stupid way, thereby disclosing data &rdquao; the concern that Vitalik was created on platform X is that &ldquao; AI governance is not a good idea. If you use AI to distribute donations, people will use the escape tool as much as possible. As an alternative, I support information finance, an open market where anyone can contribute to their models, which will be subject to spot-check mechanisms that can be triggered by anyone and evaluated by a manual jury. ”

Arthur Hayes: Holders of bitcoin patiently without anxiety over the high levels of gold and stock market innovation

The co-founder of BitMEX, Arthur Hayes, in an interview with Kyle Chasse, stated that it would be more patient for the holders of the bitcoin to stop worrying about the fact that stocks and gold have reached record highs, because asking why bitcoin had not risen completely out of focus. & ldquo; if you think you're buying bitcoin and buying a Lamborghini the next day, you'll probably be liquidated because it's not the right way to think. I regret that you bought bitcoin six months ago, but no one who bought bitcoin two, three, five or ten years ago would think so. There is a need for a recalibration of views on this issue &rdquo。

According to CoinMarketCap, the price of bitcoin continues to be below the historic high of $124,100 on August 14. At the same time, the gold and standard & Poor ' s 500 indices are at a record high of $3,674 and $6,587 respectively this week. Hayes diluted the significance of these high-point comparisons of bitcoin and refuted questions about &ldquao; when Bitcoin and encryption markets began to attract global M2 capital inflows &rdquao; the question was raised that the premise of the issue was itself flawed, &ldquao; when considering currency devaluation, bitcoin was always the best preserving asset. ”

Arthur Hayes: Cow City will last until next year, and Trump will stimulate the economy by the middle of next year

Arthur Hayes, co-founder of BitMEX, said in an interview with Kyle Chassé that large-scale printing had not yet started, that the cow market was likely to continue until next year, and that US President Trump was expected to promote economic stimulus by mid-2026. Politicians were afraid of change, and investors underestimated the potential for asset growth and did not reach the final stage。

Important data

EARLY IN THE DAY, SOME 67,000 HYPES WERE SOLD AGAIN, WITH A TOTAL PROFIT OF OVER $57 MILLION

According to Lokonchain, the early HYPE whale address, 0x7dac, was re-sold 67,006 HYPEs (valued at $3.82 million) for profit。

THE WHALE HAD PURCHASED 1.26 MILLION HYPES AT AN AVERAGE PRICE OF $7.52 (AT A COST OF $9.51 MILLION) AND OBTAINED AN ADDITIONAL 22,270 HYPES AT THE TIME THE TOKEN WAS ISSUED。

SUBSEQUENTLY, IT SOLD 385,513 HYPES AT AN AVERAGE PRICE OF $41.9 (WITH A CASH BALANCE OF $1.615 MILLION) AND STILL HOLDS 900,663 HYPES (VALUED AT $5.5 MILLION)。

The whale has now earned a total profit of over $57 million。

AT A CERTAIN ADDRESS, 25,754 ETHS WERE INSTALLED IN NINE MONTHS, VALUED AT $117 MILLION

According to the chain analyst @ai_9684xtpa, the address was 0xdE0...fDc41, nine months later, refilled 25,754 ETHs with a value of $117 million and cleared the site if sold。

The address interacted frequently with the block builders Beaver Builder and Titan Builder, with 45132 ETH having been transferred to the exchange over the past two years。

FOUR GIANT WHALES RECENTLY SOLD A TOTAL OF 29.33 MILLION HYPES FOR PROFIT

According to Lokonchain monitoring, with the increase in the HYPE price, the whale began to profit。

0x746b (qianbaidu.eth) sold 188,861 hypes (value $10.58 million) at an average price of $56.01 over the past four hours。

Over the past four days, 0x7be1 sold 175,000 hypes (value $9.75 million) at an average price of $55.72。

0x0e41 sold 113,310 hypes (value $6.32 million) at an average price of $55.74 over the past three days。

Over the past 20 hours, 0xe867 sold 50,000 hypes (value $2.77 million) at an average price of $55.53。

Galaxy Digital has purchased approximately $1.16 billion in SOL over the last three days, most of which have been held in trust

According to Lookonchain monitoring, Galaxy Digital purchased nearly 5 million SOLs (valued at $1.16 billion) over the past three days, of which 4,719,937 SOLs (valued at $1.11 billion) were transferred to CoinbasePrime Trust. The wallet still contains 219,830 SOLs (value US$ 53.5 million)。

REAL BITCOIN ETF NET INFLOWS YESTERDAY OF $642 MILLION, CONTINUING NET INFLOWS FOR 5 DAYS

According to SoSoValue, yesterday (12 September U.S. time) there was a net inflows of $642 million in real currency ETF。

The largest single-day net inflow of bitcoin cash was yesterday, ETF FBT, which is a single-day net inflow of $315 million, and the current total net FBTC historical inflow is $123.2 billion。

The second is Blackrock, ETF IBIT, with a single-day net inflow of $265 million, and the current total IBIT historical net inflow is $59,778 million。

AS AT THE TIME OF THE SUBMISSION, THE NET ASSETS OF THE BITCOIN SPOT ETF AMOUNTED TO $15.317.8 BILLION, THE ETF NET ASSETS RATIO (MARKET VALUE COMPARED TO THE MARKET VALUE OF THE BITCOIN TOTAL) TO 6.62 PER CENT AND THE HISTORICAL NET INFLOWS TOTALLED $56.831 BILLION。

ETF CASHED IN YESTERDAY'S NET INFLOW OF $406 MILLION AND CONTINUED IN NET INFLOW FOR FOUR DAYS

According to SoSoValue, yesterday (12 September U.S. time) ETF cashed into the Taifung factory in total net inflows of $406 million。

The largest single-day net inflow of ETF was yesterday, with a single-day net inflow of $168 million, and the current total net FETH historical inflow reached $285.9 billion。

The second is Blackrock, ETF ETHA, with a single-day net inflow of $166 million, and the current total ETHA historical net inflow is $12,886 million。

BY THE TIME OF THE SUBMISSION, THE TOTAL NET ASSET VALUE OF ETF WAS $30,352 MILLION, THE NET ASSET RATIO OF ETF (MARKET VALUE COMPARED TO THE TOTAL MARKET VALUE OF THE ETF) WAS 5.38 PER CENT, AND THE HISTORICAL NET INFLOW HAD REACHED $13,363 MILLION。

Ark Invest increased holdings of approximately $1.77 million Bullish and $4.53 million Figma

Ark Invest Tracker extrapolates that in September 11, under the Catsie Wood flag, Ark Invest held an increasing share of 34746 Bullish stock (valued at approximately $1.77 million) and 85535 shares of Figma stock (valued at about $4.53 million)。

Financing/acquisition

WisdomTree launched its first monetization fund to provide investors with access to private credit

According to Bloomberg, WisdomTree Inc. launched its first monetization fund to provide investors with private credit exposure. The WisdomTree Private Loans and Alternative Gains Digital Fund (CRDT), formally launched on Friday, tracks a weighting index consisting of 35 closed funds, business development companies and real estate investment trust funds. The company introduced an ETF based on this benchmark in 2021。

The minimum investment in the fund was $25, and it was supported to be redeemed within two days. CRDT tracks the index of open investment instruments linked to private loans, a design that lowers the threshold of access and increases liquidity, but still divides investors from bottom loans. When WisdomTree's CRDT funds go online, they will be monetized on the chain of the Easter and Stellar blocks and are planned to be extended to other block chains, such as Avalanche, in the coming weeks。

Institutional holding

The listed company Mega Matrix disclosed the first purchase of ENA coins worth $3 million

According to AP, the New York listed company Mega Matrix Inc. (Securities Code: MPU) announced that the company had completed its first strategic acquisition and acquired approximately $3 million worth of ENA coins, based on the trade-weighted average price (VWAP) of the previous day. Over the past two weeks, the company has purchased 3.86 million ENA coins at an average cost of $0.7117 per item (including all costs and transaction costs). The deal marked the initial drop of its DAT strategy for stable currency governance。

House of Doge revealed that its dog bank with CleanCore has accumulated over 500 million DOGEs

According to Globenewswire, House of Doge, an official business arm of the Dogcoin Foundation, announced that its official dogcoin bank, established in cooperation with the CleanCore Solutions Company (NYSE American: ZONE), currently held over 500 million dogcoins as part of its strategic acquisition plan. Previously, the bank had been purchased 2.854

This progress marks a critical half-way to its first milestone goal of acquiring 1 billion dogs within 30 days。

Listed company Allied Gaming & Entertainment announces the first investment of bitcoin and the Etherport

According to Busineswire, the Global Empirical Entertainment Company Allied Gaming & Entertainment, Inc. (NASDAQ: AGAE) announced that, as part of its corporate financial management strategy, the company had made initial investments in bitcoin and Ethera. This marked a first step towards incorporating encrypted currency into the balance sheet and laid the foundation for the wider AGAE block chain and the RWA monetization plan. However, it did not disclose a specific holdout。

The listed company LiveOne disclosed that its bitcoin holding warehouse had increased to over $5 million

According to Globenewswire, the music, entertainment and technology company LiveOne (Nasdak stock code: LVO) revealed that its Bitcoin holding warehouse had increased to over $5 million。

Bitcoin Treasury Prenetics disclosed 288.42 BTCs and initiated a daily programmable growth strategy

According to Globenewswire, a second-quarter unaudited financial performance report issued by Prenetics Global Limited, a health science company listed using the Bitcoin Treasury strategy, disclosed the company ' s income of $17.7 million in the second quarter, an increase of 594.9 per cent over the second quarter of 2024, resulting in an adjusted liquidity of $90.3 million, including $63.5 million in cash. In addition, as at 10 September 2025, Prenetics Global Limited had 228.42 bitcoin, valued at $26.1 million, with no liability at this time, and stated that it had an increase in bitcoin (one BTC per day) in daily processing effective 1 August 2025, financed from the company ' s own operating funds。