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154,448,000,000 SHIB Restores Hope as NetFlow Plunges 21%
Crypto Trends

154,448,000,000 SHIB Restores Hope as NetFlow Plunges 21%

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Shiba Inu is down 1.83% in its trading price over the last 24 hours. However, a relative decline in its exchange net inflow has triggered attention from investors.

According to data from an on-chain analytics platform, Shiba Inu has recorded a decrease of 154.4 billion SHIB in its overall net inflow across all supported exchanges, including Coinbase, Binance, and others.

SHIB holders show resilience 

Despite the slowdown in Shiba Inu’s trading price, its exchange flows have shown a 21.83% decline, suggesting that holders have shown less interest in selling.

While this key metric signals a dramatic shift in investor sentiment, it appears that the decline in SHIB’s trading price is not entirely attributed to speculative trading. Rather, it might be the leading altcoin responding to the broader market trend.

The metric, which marks the difference between exchange inflows and outflows, suggests that the amount of Shiba Inu tokens withdrawn from exchanges is larger than the amount of tokens deposited for sale by 154,448,000,000 SHIB.

This trend indicates that many small and large SHIB holders have shown no interest in selling their holdings despite the negative price trend. Instead, they are moving their tokens into self-custody wallets to hold for longer periods.

While the decline in exchange flows stands as a bullish indicator, it aims to tighten the supply available on crypto exchanges while propelling the token toward a potential price upsurge.

Although the low selling activity could highlight strong investor confidence, it is also important to note that the slow market activity could mean that investors are trading with caution.

The sharp plunge in net flows could help stabilize the price movements of the leading memecoin, and investors are confident that the token might be set for bigger price rallies ahead.

To further build momentum for the dog-themed meme cryptocurrency, its burn activity has also surged decently by 22.98% after staying flat in previous days.

With 171,407 SHIB tokens moved out of circulation today, the resurgence in the SHIB burn rate aligns with the decline in exchange net flows, as they work hand in hand to tighten the SHIB supply while driving demand for the token.



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Esports

Russian freediver plunges 413 feet on a single breath to break world record

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Russian freediver Alexey Molchanov has set a new world record after diving 413 feet on a single breath at the AIDA Freediving World Championships in Cyprus.

Molchanov, 37, is widely considered the greatest freediver in history. He has broken more than 30 world records and is the son of legendary diver Natalia Molchanova, who set 42 records of her own before her death in 2015.

This latest dive was particularly grueling. Molchanov held his breath for 4 minutes and 32 seconds as he descended into near-total darkness, battling extreme cold, crushing water pressure, and the ever-present risk of blackout during ascent. He broke his own record of 410 feet, set just last year.

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Breaking records in the deep

Molchanov competed in the constant weight bi-fins category at the 2025 AIDA Freediving World Championships, which requires divers to descend and ascend using only fins without pulling on the rope. His headlamp and safety line were the only guides in the Mediterranean waters off Limassol, Cyprus.

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He later described the toughest parts of the dive on Instagram, noting the “thermocline drop” when water temperature plunged from 77°F to 54°F within seconds, as well as the delicate pressure management needed to avoid lung injury at depth. Molchanov also highlighted the riskiest stretch: the final 100 feet of ascent, where most blackouts occur due to expanding air in the lungs and dwindling oxygen.

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To officially secure the record, Molchanov had just 15 seconds after resurfacing to complete a strict protocol: remove his gear, give a hand signal, and say “I’m OK.” With the record validated, his 413-foot descent now stands as the deepest constant weight bi-fins dive ever achieved.

For perspective, the dive is longer than a football field and a half, roughly equal to the height of a 41-story building, all completed on a single breath of air.

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Game Reviews

With the New Sony Model Out, 1000XM4 Plunges to an All-Time Low on Amazon

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Finding the right pair of noise-canceling headphones can feel overwhelming these days: Every brand has half a dozen variations, and the differences are often so subtle that paying top dollar for the latest release is tough to justify.

Sony’s newest flagship climbs well past the $500 mark which isn’t exactly pocket change. That’s why the WH-1000XM4 feels like such an easy decision right now: this proven model is back on Amazon at an all-time low of $228, down from its original $348. That’s more than $100 off for headphones that still strike the perfect balance of sound quality and features without being too expensive.

See at Amazon

Why The WH-1000XM4 Still Feels Like The Smart Choice

Its active noise cancellation remains among the best you can purchase: Powered by Sony’s Dual Noise Sensor technology, it uses microphones on each earcup to pick up and eliminate unwelcome sounds in real-time. On a plane, it calms the engine rumble to a whisper. In a busy café, it creates a bubble of silence around you so that you can actually hear the lyrics in your music or podcasts.

Sony quotes these headphones for 30 hours of playback which will even get you through the longest international flights without needing a charge. And just in case you do leave them uncharged, a ten-minute top-up from the included USB-C cable yields about five hours of music.

Controls are simple too: The touch on the right earcup means you can tap to skip tracks or pause, slide your finger for volume, or summon your assistant without having to grasp your phone. It’s the sort of thing that becomes second nature and saves time compared to digging for your phone every time you need to fiddle with something. Calls on the WH-1000XM4 are better than that: With five microphones built in and sophisticated signal processing, voices are clean on both sides.

Among the pleasant Sony touches is the Speak-to-Chat function: The cans naturally lower the volume when they recognize you’re talking. Imagine bumping into a friend on the platform of the train. You don’t have to fight for a pause button: the audio slows down so you naturally have a few words, then picks up again when the talk ends. Pausing the sound when you remove the cans entirely is another nice but very useful addition.

At $228, this deal on Amazon brings them to their lowest price ever.

See at Amazon



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Cardano price set to crash as key DeFi metric plunges 45%
GameFi Guides

Cardano price set to crash as key DeFi metric plunges 45%

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Cardano price continued rising on Friday, Sept. 12, coinciding with the ongoing crypto market comeback.

Summary

  • Cardano price has formed a rising wedge pattern on the daily chart.
  • It has also formed a bearish divergence pattern.
  • The total value locked in the DeFi ecosystem has plunged by 45% since December.

Cardano (ADA) token rose to $0.90, its highest point in two weeks and about 80% above its lowest level in June. Still, technical analysis points to an upcoming crash as a key decentralized finance metric plunges.

Cardano price chart points to a plunge

The daily timeframe chart shows that the Cardano price is rising and slowly approaching the important resistance point at $1. However, there are signs that the ongoing rally will be short-lived.

ADA is slowly forming a highly bearish rising wedge pattern. The upper side of this pattern links the highest levels since March this year. On the other hand, the lower line connects the lowest swings since June.

The two lines are now nearing their confluence level, which may lead to a crash in the near term.

Technical indicators also point to a reversal. The Average Directional Index has dropped to 16, its lowest level since May 8 and much lower than the July high of 47.

Additionally, the Percentage Price Oscillator and the Relative Strength Index have continued moving downward. Therefore, the most likely outlook is a plunge to key support at $0.51, its lowest swing in June, about 45% below the current level.

This bearish outlook will become invalid if the coin rises above the important resistance level at $1.20.

ADA price chart | Source: crypto.news

Cardano DeFi TVL has plunged

There are three main reasons why the Cardano price may have a bearish breakout in the near term. First, the total value locked in its ecosystem has dropped sharply in the past few months. Its TVL has dropped by 45% from $720 million in December to $383 million today. 

Second, the upcoming Federal Reserve interest rate cuts may become a “sell-the-news” event. This is a situation where an asset rises ahead of a major event and then drops when it happens. 

Further, there are concerns about Cardano’s ecosystem as other chains have left it behind. For example, the amount of stablecoins in the network stands at $40 million, a tiny amount for an industry worth over $287 billion in assets.



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NFT Gaming

Trump Bros’ American Bitcoin Mining Stock Soars, Then Plunges During Public Debut

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In brief

  • Trump-backed American Bitcoin jumped over 80% in its Nasdaq debut before quickly losing its gains amid multiple trading halts.
  • Formed through mergers with Hut 8 and Gryphon Digital Mining, the firm, backed by Eric Trump and Donald Trump Jr, plans a $2.1 billion stock sale to buy more Bitcoin and mining equipment.
  • The launch follows a wave of crypto IPOs boosted by the Trump administration’s pro-crypto policies.

American Bitcoin, a newly public Bitcoin mining and treasury firm backed by Eric Trump and Donald Trump Jr, raced out of the gate during its Wall Street debut Wednesday, surging briefly before falling back down to earth. 

Within minutes of debuting on the Nasdaq, the stock, ABTC, pumped from $7.59 to $13.93, a leap of over 83%. It has since shed much of those gains, falling to $9.26 at writing. Even so, it’s up 34% on the day.

Along the way, the flashy debut certainly sparked excitement among traders, triggering seven separate trading halts on the Nasdaq, due to price volatility. 



Just prior to Wednesday’s market opening, American Bitcoin also filed with the SEC to sell up to $2.1 billion worth of Class A common stock shares. The proceeds from the sale will be used to purchase more Bitcoin and Bitcoin mining machinery.

American Bitcoin formed when the Trump brothers merged their own business entity earlier this year with Hut 8, a Canadian Bitcoin mining firm. The joint venture, which Hut 8 retains an 80% stake in, then went on to combine with Gryphon Digital Mining via a stock-for-stock merger. Gryphon was already publicly traded.

American Bitcoin now seeks to operate as both a publicly traded Bitcoin treasury firm and as an active Bitcoin mining operation. The company currently owns 2,443 BTC, a sum worth $273.68 million at writing.

In recent months, digital asset companies have fared well in Wall Street debuts, in large part thanks to the exceptionally permissive regulatory environment fostered by the Trump administration with respect to crypto. 

On Tuesday, two other prominent Trump allies, Tyler and Cameron Winklevoss, filed to take their crypto exchange, Gemini, public, with a target valuation of $2.3 billion. Gemini was previously the subject of a yearslong SEC lawsuit over its crypto lending program, until the Trump administration indefinitely paused the litigation.

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XLM/USD (TradingView)
NFT Gaming

XLM Plunges 5% in Wild Trading Session Before Staging Sharp Recovery

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Stellar’s native token XLM endured heavy selling pressure over the past 24 hours, trading in a tight but punishing 5% range between $0.34 and $0.36. The session began with relative stability before a late-evening selloff knocked the token from its $0.36 peak to $0.34.

Trading volume surged past 57 million units at midnight as the market tested support around the $0.34–$0.35 zone. Buyers stepped back in early the next morning, briefly lifting XLM back to $0.36 on the back of what appeared to be institutional accumulation, with volumes swelling to 70 million units.

Despite the recovery, price action stalled around $0.36, creating a range-bound structure that technical traders say often precedes a directional breakout. The final hour of trading on Sept. 1 showed bearish momentum regaining control, with XLM slipping 1% as the consolidation pattern broke down.

Intraday data highlighted an acceleration of selling pressure between 13:45 and 13:46, when more than 1.28 million tokens changed hands at the day’s low. Attempts at recovery fizzled before the close, and a lack of activity in the final minute suggested trading had effectively ground to a halt.

The token’s fundamentals were also tested by exchange- and network-related developments. South Korea’s Bithumb announced it will suspend XLM deposits on Sept. 3 while Stellar implements network upgrades, a temporary disruption that underscores the blockchain’s transition into a critical upgrade phase this month.

At the same time, Ripple’s completion of pilot tests with banks has bolstered broader confidence in blockchain-based payment solutions, putting added pressure on Stellar to deliver competitive improvements.

XLM/USD (TradingView)

Volume Spikes Signal Institutional Activity
  • $0.02 trading range represents 5% spread between $0.34 support and $0.36 resistance during session.
  • Midnight selloff generates 57 million volume spike indicating heavy institutional selling.
  • Morning recovery surge hits $0.36 on 70 million volume suggesting accumulation phase.
  • Resistance confirmed at $0.36 with support zone established around $0.34-$0.35.
  • Final hour recovery attempts fail as bearish momentum accelerates.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



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Helldivers 2's Next Update Plunges Players Into Terminid Territory
Game Reviews

Helldivers 2’s Next Update Plunges Players Into Terminid Territory

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Helldivers 2‘s next big content drop is right around the corner and it’s taking players into the depths of the chemical fog-infested Terminid home worlds. Revealed on Tuesday, Into the Unjust arrives in September alongside a new Devil’s Dust Warbond just a week after the hot PlayStation extraction shooter launches on Xbox Series X/S.

After spending the summer fending off Illuminate invasions and jetpack-toting Automatons, Into the Unjust will send players back into the alien bug breach, tasking them with missions deep in Terminid territory that will include blowing up giant bug towers and navigating deep underground through their tunnel systems. New objective types will include escorting a giant moving oil rig as it gets attacked. We are so back.

Fans will also have access to a bunch of new equipment coming in the Devil’s Dust Warbond. Here’s a breakdown from the PlayStation Blog:

AR-2 Coyote
You can hunt in packs or go by your lonesome with this assault rifle that features incendiary ammunition. But be warned: this coyote is wild.

G-7 Pineapple
This cluster frag grenade might look like a cute and unassuming fruit, but it’ll have the bugs in absolute pieces.

S-11 Speargun
A true big game hunter’s companion. The S-11 fires heavy-duty projectiles that release a cloud of gas on impact.

EAT-700 Expendable Napalm
Heat up the planet with this single-use missile that contains napalm cluster bombs.

MS-11 Solo Silo
The long-range power of a missile in a new convenient package. Calls down a Hellpod-sized missile silo with a single, ultra-powerful missile and a handheld targeting remote.

The Warbond will also include new armor that boosts resistance to toxins and other hazards players are likely to face in the thick of the Terminid fog. Combined with the new Strategems coming in the update, it should give lapsed players some fun new toys worth unlocking.

But it’ll be baptism by fire for all of the players picking up Helldivers 2 for the first time on Xbox this week. Live today roughly 18 months after launching on PS5 and PC, the Xbox release should bring about an influx of players that tips the scales back in Super Democracy’s favor amid the game’s ongoing D&D-style Galactic War meta game. It’ll also indicate just how much of a market there is for PS5 console exclusives on Microsoft’s rival platform.

A successful campaign against the bugs won’t just unlock the next chapter in Helldivers 2‘s story, it could also usher in the next phase of cross-platform ports from Sony’s first-party portfolio. But fans will have to survive untold new alien horrors first.



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Sharps (STSS) Jumps 75% on $400M Raise, DFDV Plunges on
NFT Gaming

Sharps (STSS) Jumps 75% on $400M Raise, DFDV Plunges on

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Nasdaq-listed firm Sharps Technology (STSS) rallied as much as 70% on Monday on raising $400 million to establish what it says could become the largest corporate digital asset treasury of Solana SOL$180.94.

The firm’s fundraising drew backing from some of the most active investors in digital assets, including ParaFi, Pantera, FalconX, CoinFund and Arrington Capital. Under the deal, shares were sold at $6.50 per unit with attached warrants exercisable at $9.75. Closing is expected by August 28.

The stock briefly topped $13 in the morning U.S. hours before paring gains, up 53% from $7.3 at Friday’s close.

The company plans to allocate the funds primarily toward acquiring SOL, the native token of the Solana blockchain. Alice Zhang, co-founder of Solana-backed project Jambo, also joined the firm as chief investment officer and board member.

The Solana Foundation, the non-profit development organization focusing on the Solana network, has committed to selling $50 million in SOL tokens at a 15% discount to a 30-day time-weighted average price, subject to conditions, according to the press release.

Sharps is the latest public firm pivoting to accumulate cryptocurrencies, a recent trend that has captivated stock markets. These firms, often dubbed digital asset treasuries (DATs), raise money on capital markets to buy cryptos, aiming to replicate the success of Michael Saylor’s Strategy (MSTR). Strategy has become the largest corporate owner of bitcoin BTC$109,933.28 with a stash worth north of $70 billion.

The fever has already extended to Solana, with SOL Strategies (HODL), DeFi Development (DFDV) and Upexi (UPXI) being among listed firms stacking SOL.

DATs a as a proxy play on crypto prices and most of them trade at a premium relative to the underlying holdings. However, they could come under pressure during market downturns when the premium contracts, capping their ability to raise funds to fuel purchases.

Read more: Corporate Bitcoin Treasuries Could Raise Credit Risks, Morningstar DBRS Says

Upcoming $1B SOL Treasury, DFDV to Sell Equity

Sharps’ move was not the only Solana treasury-related news on Monday.

Prominent crypto firms Galaxy Digital, Multicoin Capital and Jump Crypto are reportedly seeking to raise $1 billion to build a treasury focused on SOL. They plan to buy out a listed firm and hired Cantor Fitzgerald as the lead banker.

Meanwhile, DeFi Development (DFDV), led by former executives of Kraken, announced on Monday to raise $125 million by selling equity, seeking to increase its SOL holdings.

The stock tumbled 19% on the news.

Read more: BNB-Focused Treasury Firm B Strategy Looks to Raise $1B With Backing From CZ’s YZi Labs



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