President Trump delivered a historic win for our communities, economy and public lands with the Great American Outdoors Act: 🇺🇸 17,000 jobs supported each year 💰 $1.9 BILLION added annually to the U.S. economy 🏞️ 3,800+ assets improved nationwide Thank you, @POTUS!

📊 Numbers of the Week (04.11 – 04.17) Fees earned (last 7 days): $14.98M HyperEVM Ecosystem Updates · @domcooke published an exceptional feature providing deep insights into the team's operations following a week on-site with @chameleon_jeff and the @HyperliquidX team · @hypeglobal_ successfully hosted the Hyperliquid Builders Night on the French Riviera in collaboration with @HyperliquidFR and supported by @BounceTech, @HyperSwapX, @valtitudexyz, and @hyperpnl · @AzuraTrade officially launched perpetual futures with the platform's backend fully powered by Hyperliquid infrastructure · The @liminalmoney team introduced xLend to expand the suite of financial primitives available to users · @nativemarkets is now offering a zero-fee solution for moving funds on and off the Hyperliquid network · A new Liquid Banking service was debuted by @hyperbeat to consolidate various ecosystem utilities into a single interface · The rollout of kHYPE v2 by @Kinetiq_xyz now grants stakers the ability to hand-pick their validator from the active set · Asset transfers are more streamlined with the launch of the Mentat Bridge and a new integration from @AcrossProtocol supporting cross-chain functionality · @hypurr_co released a comprehensive directory to help users connect with regional Hyperliquid communities · To foster ecosystem growth @0xOmnia unveiled its official Hyperliquid builders program · @tradexyz expanded its market offerings with the addition of the JP225 index 🛠 Technical Advances of the Week · On the next network upgrade, the gossip priority read auction will apply to both mempool transactions and client blocks. · Two network upgrades from now, DEX abstraction will be deprecated. Users on will default to unified account. As a reminder, unified account is the best default for most users, as it merges spot and perps balances and supports cross margin for HIP-3. Existing users will be shown a reminder popup immediately before unified account is activated. Automated traders should use Standard abstraction for the highest rate limits. See for more details. Builders should take this opportunity to entirely discontinue DEX abstraction in their integration. ❗❗ The content shared is for informational purposes only and does not constitute financial advice or endorsements. Always conduct your own due diligence.

Hi Bitcoiners – it’s Fran again. 17 years ago today, Hal Finney posted two words that changed everything: “Running bitcoin.” Since then, thousands of bitcoiners across 50+ countries have run in his name. The 5th #RunningBitcoinChallenge# starts NOW. ⚡️🏃‍♂️ Are you in? 👉 Hal believed code could set humanity free. He was an avid runner, until progression of his ALS made it impossible. The 2026 Running Bitcoin Challenge runs for 21 days starting today, the anniversary of his legendary tweet. 🌍 Run or walk 21 km / 13.1 mi– every step contributes to ALS research. 📷 This year’s challenge is backed by giants: ⚡️ @HRF – defending human freedom with Bitcoin ⚡️ @blocks – @jack’s company building on open money for the world Hal would be grateful and proud of your support. Thank you! We are also being supported by @strike - thank you! I’m also proud to highlight HRF’s Finney Freedom Prize, honoring work at the intersection of Bitcoin, freedom, and privacy. Congratulations to the 3rd halving era’s winner, Andreas M. Antonopoulos - who educated millions on Bitcoin and its potential for humanity. Hal would be proud of your work. 🏆 I’m Fran Finney (@franfinney), Hal’s wife. Every January, I watch this community show up – running, walking, donating, sharing. You keep Hal’s spirit alive. That means everything. 💛 Find me on Nostr: 🔑 npub14fkfcx9j0494g8zejfdxsr9t8raxt9n8vzkz6l5w4ef0gjysh4dqcsmkgv Where does your donation go? ✅ 80%+ goes DIRECTLY to ALS research ✅ They accept Bitcoin Every sat, every step, every share → closer to a cure. Sign up 👉 Follow @RunningBTC21k or on Nostr: npub17hzf5v2l9aw29h4l9q330rkd4typnwkx80ksy6cnfuhzr33xvsaqucdscd 21 days. 21 km. 1 legend. The 5th #RunningBitcoinChallenge# is LIVE. Run. Walk. Donate. Share. Tag a friend who needs to join.👇 Hal ran toward the future even when his body wouldn’t let him. Join us in honoring him – and feel free to share a picture from your run. 👉

ZEROBASE WEEKLY 8.17-8.23 ZBT traded overall in the $0.073–$0.085 range this week. It opened near $0.081–$0.085, dipped toward the low-$0.07s mid-week, then recovered modestly to close around $0.079–$0.080. Despite the relative pressure against broader market strength, trading volumes remained decent and liquidity conditions stayed relatively stable, with bid-ask spreads holding at reasonable levels. Crypto market delivered a sharp rally this week amid volatility from geopolitical tensions, shifting macro signals, and a major short squeeze. Total cryptocurrency market capitalization expanded significantly, moving from roughly the $2.0–2.1T area early in the period toward the $2.6T region by week’s end. Bitcoin opened the week near $62,900–$64,500 on August 17, consolidated initially, then accelerated higher mid-week. It pushed through successive levels, briefly approaching the high $70k–$79k zone, before settling near $77,600–$77,700 by Sunday. This represented a net weekly gain on the order of 20–23% from the early-week levels and one of the strongest weekly performances in recent years. Ethereum moved in parallel but with even stronger relative gains, starting around $1,880–$1,910, surging past $2,200–$2,500 mid-week, and closing near $2,440–$2,460. The move equated to roughly 25–30% from the weekly lows and opening range. Derivatives metrics reflected a dramatic shift in sentiment. Open interest expanded notably during the upside move. The period featured a large-scale short squeeze, with total liquidations exceeding $3 billion over key sessions, predominantly short positions. Funding rates transitioned from negative or near-neutral territory early in the week toward mildly positive levels as the rally progressed, while overall liquidations remained elevated during the volatility spikes but stabilized later. Macro and geopolitical developments provided a mixed but ultimately supportive backdrop for risk assets in crypto. Ongoing U.S.-Iran tensions, including continued disruptions and risks around the Strait of Hormuz, a UAE-Iran spat, and related Lebanon fighting, kept oil prices elevated. This initially contributed to caution. However, cooler July CPI data with headline rising 0.1% month-over-month and easing to 3.4% year-over-year, along with softer core readings, had already reduced near-term rate-hike pressure. The release of FOMC minutes mid-week reinforced a patient Fed stance. A key catalyst arrived with the U.S. Treasury’s announcement of expanded long-dated bond buybacks, which eased yields and sparked broad risk-on flows. U.S. equity markets posted modest weekly declines overall. The S&P 500 fell approximately 1.4–1.5%, the Nasdaq Composite declined around 2.0–2.3%, and the Dow was down roughly 0.7–0.9%. Weakness was notable in certain growth and industrial segments amid yield and geopolitical concerns, even as energy and some other areas showed relative resilience. Institutional participation provided strong support. U.S. spot Bitcoin ETFs recorded robust net inflows totaling approximately $1.9 billion for the week, with daily peaks including sessions above $500 million and a standout day near $606 million led heavily by BlackRock’s IBIT. Ethereum ETFs also saw solid positive flows in the hundreds of millions, contributing to a combined BTC and ETH ETF inflow near $2.6 billion, the strongest weekly total in many months. Crypto Fear & Greed Index shifted decisively from fear territory around the low-to-mid 30s early in the week into greed territory, reaching the mid-to-high 60s by the weekend. On-chain data offered mixed but ultimately constructive signals amid the price action. Whale activity showed periods of exchange inflows during the sharp upside consistent with some profit-taking or positioning, alongside earlier accumulation by larger holders in prior weeks. Long-term holder metrics indicated some distribution into strength over recent months, yet dormant supply remained elevated and overall holder behavior supported the idea of building support at higher levels after the multi-week range. Exchange flows and related metrics reflected the intensity of the short-covering rally. In summary, the August 17–23 period delivered a powerful recovery and breakout in spot prices, driven by massive institutional ETF inflows, a Treasury policy signal that eased yields, a large short squeeze in derivatives, and improving sentiment—even as geopolitical risks in the Middle East, elevated energy prices, and modest equity market weakness kept an element of caution. Higher oil prices from ongoing regional tensions are widely viewed as a temporary inflation headwind that has not derailed the cooler core inflation trajectory. With strong ETF dynamics, stabilizing then expanding derivatives metrics, and resilient on-chain trends, the market has shifted from consolidation into a more constructive risk environment.

Meet the 12 finalists of the EBC12 Startup Battle. 12 early-stage digital asset startups will pitch live in Barcelona on 16-17 Sept. 🏆 3 winners 💰 €100K+ in sponsor-supported prizes 🤝 Jury from Speedinvest (@speedinvest ) · Animoca Brands (@animocabrands ) · SBI Venture (@sbigroup) · Moonrock Capital (@MoonrockCapital) · Polymorphic Capital (@polymorphiccap) · very early Ventures (@veryearlyxyz) · Silicon Valley Ventures (@SiliconVV )· BlockCentral (@BlockCentralNL) · SoftStack (@softstackHQ) · Cointelegraph (@Cointelegraph) · Generis (@Generis_agency) See you at #EBC12#.

$UAL posted record Q3 operating revenue of $17.88B, up 17% YoY. $JETS A 62% surge in jet fuel costs pushed operating expenses higher, reducing profit to $2.54 per share. United Airlines Q4 outlook: EPS guidance = $0.50 - $1.50, trailing Street consensus of $1.75 Revenue = projected to grow over 20% PEG ratio: $DAL = 0.86, supported by lower leverage United = 0.91 Fuel cost volatility remains the primary margin pressure for investors. Seeking Alpha Quant Rating for United Airlines: Hold. Does fuel volatility cap the upside for airlines?

Do more with your stock portfolio on Backpack. ▸ Borrow USD against your holdings ▸ Trade perpetuals and spot on margin using stocks as collateral ▸ Hedge positions without selling your shares 17 stocks and ETFs supported as collateral today. More coming.

COPPER SURGES TO ALL-TIME HIGH Copper hit a record $14,533 a ton on the London Metal Exchange, fueled by fears of potential US tariffs on refined copper imports. Prices have jumped 17% over the past year, supported by tight mine supply and rising demand from data centers, renewable energy and power grids. Heavy shipments to the US have also reduced availability elsewhere, adding further pressure to prices.

Apple has officially announced the iPhone 18 Pro and iPhone 18 Pro Max, for $100 more than the comparable iPhone 17 Pro models. -A20 Pro chip: Built on a 2nm process, with Apple claiming up to 40% more GPU performance. -Better cooling: A new vapor chamber is three times larger than the one in the iPhone 17 Pro. -48MP main camera: It now has a variable aperture, which can open wider in darker conditions to let in more light. -More camera controls: You can manually adjust things like shutter speed for photos and videos. -Better video: 4K Dolby Vision HDR time-lapse is now supported. -Smaller Dynamic Island: It can still show up to three Live Activities. -Battery: Apple says up to 36 hours of video playback on the Pro and 45 hours on the Pro Max. -New colors: Deep black, silver, glacier and burgundy. >Storage: Both models start at 256GB. >Price: The iPhone 18 Pro starts at $1,199, while the Pro Max starts at $1,299. >Preorders start September 12, with the phones arriving September 18. The new phones designed around Apple AI Intelligence and the latest Siri features.

Statement from Jim, Johnny, Janie, Joey and Jesse Buss after attorney of Jeanie Buss made clear she will battle her family members on selling their remaining 17.8% Lakers ownership stake: The Los Angeles Lakers have never been just a basketball team. They have been one of the greatest privileges of our lives. Our focus has always been on what we believe is best for the Lakers, the fans who have supported this franchise for generations and the greater Los Angeles community. Johnny, Jimmy, Janie, Joey and Jesse have made the decision to sell the family's remaining stake, and we remain united in that decision. We intend to move forward thoughtfully, respectfully and through the appropriate process. We have tremendous respect for Bob Iger and Josh Kushner and believe they understand what the Lakers represent to Los Angeles and our incredibly loyal fan base. We are confident they will honor everything this franchise stands for while building upon the foundation our father created.