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The fitness and health application BRTFit has released a new book titled "Exercise Covenant."

The fitness and health application BRTFit's CEO Kevin Huang has released a new book titled "Exercise Covenant," subtitled "From Smart Wearable Devices to Open Health Protocols." The book discusses how technology can transform the willingness to exercise into sustained action, consisting of 25 chapters. The team discusses smart wearable devices, artificial intelligence, behavioral incentives, and Web3 in the book, and presents their vision for a healthier future.The same post also lists community activity arrangements. Daily faucets can receive 100 tBRT. The genesis airdrop is aimed at the first 10,000 eligible participants, with a total distribution of 1,000,000 BRT, weighted according to tBRT snapshots and valid referrals, each accounting for 50%.Participants holding at least 100 tBRT, submitting application reviews, and providing the required Binance Square participation proof can receive a feedback reward of 1 USDT. Users on Google Play must publish a BRTFit article on Binance Square and submit a screenshot via Discord for review. Feedback rewards are processed from Monday to Saturday, Beijing time, from 10:00 to 20:00, and are subject to activity rules and verification constraints. The official statement clarifies that tBRT is a test contribution token and does not guarantee a 1:1 correspondence with BRT. The application can be downloaded by searching for BRTFit on the Apple App Store or Google Play.

first_img Jeff Booth stated that the $1 million Bitcoin target is too small and believes that the dollar-denominated system is manipulated

Writer and author of "The Price of Tomorrow," Jeff Booth, stated in a video interview with Bitcoin Magazine that the price target of $1 million for Bitcoin is "thinking too small." He believes that pricing Bitcoin in a constantly depreciating fiat currency is equivalent to valuing it within a system manipulated by currency devaluation, making such a target invalid. In his view, Bitcoin is not just a token or an asset, but the beginning of a decentralized, secure, and privacy-focused protocol stack, which will ultimately resemble the internet, and it is also the first true free market in human history.In the interview, Booth also discussed AI valuation and technological deflation. He believes that a free market will drive the prices of AI services toward zero, and this deflationary force brought by AI will conflict with a monetary system built on debt. He mentioned the United States' debt of up to $40 trillion, bond yields, and a financial system that is approximately $350 trillion in size and essentially insolvent, linking AI singularity theory, market fear, and monopolistic regulation.In the longer-term section, Booth talked about the adoption timeline of Bitcoin and emphasized that Bitcoin is not just an asset. He also discussed the global expansion of Bitcoin payments and the circular economy, as well as ideas such as private equity supported by Bitcoin and permanently held enterprises, outlining a deflationary future priced in Bitcoin.

PitchBook provided a valuation scenario for Kalshi, with a maximum of 42.1 billion USD

According to a 46-page report from financial investment data company PitchBook, the market platform Kalshi has a baseline scenario valuation of approximately $30.4 billion, a peak valuation of about $42.1 billion during strong market performance, and a pessimistic scenario of $22.8 billion. Kalshi completed a $1 billion Series F financing in May this year, with a post-money valuation of $22 billion.PitchBook expects Kalshi's revenue to reach $6.4 billion by 2030, with adjusted profits reaching $3.7 billion, and believes that partnerships with platforms and market makers such as Robinhood and Susquehanna will help consolidate market share. The report lists the regulatory risks of the sports prediction market as a key variable affecting valuation, with data showing that the sports market currently contributes about 69.9% of Kalshi's event fee revenue; if Exotics products such as multi-event combinations are included, the proportion rises to 82.4%.Several states in the U.S. and Native American tribes are suing over the legality of Kalshi's sports prediction products, and related cases have created discrepancies between federal appellate courts, with the Supreme Court expected to intervene next year. PitchBook believes that even if the final ruling is unfavorable to Kalshi, the company may still adjust its business model through state-level licensing and the development of non-sports prediction products, but a significant decline in sports revenue will still notably impact its growth expectations.

Grass: The revenue on the books for the first half of this year is approximately 14.5276 million USD

The decentralized bandwidth sharing and AI data infrastructure project Grass announced that its wholly-owned subsidiary Grass DataCo Ltd. provides data infrastructure to cutting-edge model training AI laboratories and released an independent revenue verification completed by Regen Financial, covering until the second quarter of 2026. Grass stated that the revenue generated from customer contracts goes directly to Grass DataCo Ltd., rather than Wynd Labs; Wynd Labs is an independent vendor that assists in product development and engages in sales and marketing, and this structure is designed to keep DataCo's revenue within the Grass ecosystem.The verification document shows that it reviewed 100% of the work orders for two periods and traced them back to cash receipts: Period One is from March 14, 2025, to December 31, 2025, with a reported revenue of approximately $17.5869 million, and cash receipts verified at approximately $16.2395 million; Period Two is from January 1, 2026, to June 30, 2026, with a reported revenue of approximately $14.5276 million, and cash receipts verified at approximately $11.3514 million. The total reported revenue for both periods is approximately $32.1145 million, with verified cash of approximately $27.5909 million, and the discrepancy of approximately $4.5236 million is explained as the portion that has not yet been independently confirmed through cash receipts as of the program date, largely related to long-term contract deliveries and an approximately 60-day payment cycle. The document also notes that this is a due diligence procedure and not an audit or assurance engagement, and it does not express an opinion on the overall financial statements.Grass stated that it will reinvest most of its revenue back into the business; it has pre-purchased computing and storage for 2025, claiming that this move has reduced network operating expenses by an average of over $2.5 million per month, and it states that this is one of the direct reasons for achieving profitability at present. The project claims it will continue to build the ecosystem centered around tokens and will consider financial transparency as part of establishing trust with network participants and token holders.
2026-09-22
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