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The S&P 500 fell 0.38%, retreating from record highs as concerns over the AI rally’s sustainability and the ongoing government shutdown weighed on sentiment. Gold hit a record $3,991 as US shutdown fears, rate cut expectations, and central bank demand drove safe-haven buying. Goldman Sachs raised its 2026 target to $4,900, citing strong ETF inflows and PBoC accumulation. The Coindesk Indices, which tracks the broader crypto market, fell 3.55% with Bitcoin and Ether down 3.04% and 3.79%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is S, up 9.1% after Sonic concludes its Singapore Summit, bringing together global builders and partners to drive ecosystem growth.
Sonic (S), founded in 2018, is Fantom’s new L1 blockchain targeting 10,000 TPS and full EVM compatibility. Backed by a $10M fund, it introduces Fee Monetisation to reward developers and allows FTM holders a 1:1 swap to S within six months. Sonic concluded its Singapore Summit with strong participation from global builders, partners, and innovators collaborating to drive the ecosystem’s growth. The team announced that full recordings of keynotes, panels, and fireside chats will be released soon.
Plume has registered a transfer agent with the SEC, advancing its goal of bringing the US securities market onchain. The agent enables onchain cap tables, trade reporting to SEC and DTCC systems, and native fund administration for issuers and asset managers. With over 200K RWA holders and $62M in tokenized assets already onboarded, this marks a key step toward compliant, scalable tokenized capital markets.
Check out the latest prices, charts, and data of PLUMEUSDT perp and PLUME/USDT spot contracts!
Category | Flow (millions) |
GBTC | (28.6) |
Non-GBTC | 4.8 |
Total | (23.8) |
Yesterday, Bitcoin spot ETFs saw total outflows of $23.8M, driven by $28.6M leaving GBTC, partially offset by $4.8M inflows into other ETFs.
Kite AI has launched the “Wind Runner” SBT program to recognize top X creators producing high-quality content about the project. Selected participants will receive a non-transferable Wind Runner SBT, awarded through an internal nomination and verification process. To join, users can post about Kite AI on X, share their tweet in the project’s Discord, and submit it via a form. The program has no set deadline and will continue beyond TGE.