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PENGU briefly overtook BONK as the top Solana meme coin, signaling a potential shift in the meme coin leaderboard.
Quick Take Ethereum’s validator exit queue reached 521,000 ETH (about $1.9 billion), the highest since early 2024. The entry queue also grew, with 359,500 ETH (~$1.3 billion) waiting to stake.
The 70-year old textile firm joins the growing trend of Asian companies adopting the leading asset.
The SEC halted Bitwise’s ETF just days after stopping Grayscale’s mixed crypto fund, marking two sudden reversals this month.
Flare (FLR) jumps 68% this month, breaks long-term downtrend, gains $102M in volume, and eyes $0.032 next.
The XRP community hopes that the Ripple vs SEC lawsuit will be settled on August 15, which is the deadline for the status reports.
Altcoins are showing broad strength following Bitcoin’s lead, but surging open interest across the sector suggests speculative froth may be building, raising the risk of sharper volatility ahead.
- 15:53Play Solana gaming handheld PSG1 will start shipping from October 6.ChainCatcher news, according to official sources, Play Solana announced that the first-generation gaming handheld PSG1 will begin shipping on October 6, and the device will have a built-in Solana wallet.
- 15:17U.S. consumer confidence dips slightly due to concerns over employment and incomeJinse Finance reported that the U.S. Consumer Confidence Index saw a slight decline in August, as public concerns over employment prospects intensified. Data released on Tuesday showed that the U.S. Conference Board Consumer Confidence Index fell to 97.4 in August. The sub-index measuring expectations for the next six months declined in August, while the current situation index dropped to its lowest level since April. Consumer confidence remains well below pre-pandemic levels, and the recent slowdown in the labor market has heightened economic concerns triggered by Trump’s tariff policies. Job growth and wage increases have slowed significantly, and it is becoming increasingly difficult for the unemployed to find new jobs. The proportion of consumers who believe “jobs are hard to get” rose for the second consecutive month, reaching its highest level since 2021; the proportion who believe “jobs are plentiful” remained basically unchanged. The difference between these two indicators—an important measure of the labor market used by economists—narrowed slightly, continuing the steady downward trend of the past three years.
- 14:38MetaMask launches social login feature to simplify wallet managementChainCatcher News, on August 26, according to official sources, MetaMask announced the launch of a social login feature, allowing users to quickly create, back up, and recover non-custodial crypto wallets via Google or Apple accounts. This feature generates a 12-word mnemonic phrase in the background, eliminating the need for manual recording and simplifying the traditional wallet management process. Users only need two steps: log in with a social account and set a security password. MetaMask reminds users that password security is crucial; if lost, the wallet cannot be recovered.