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Pi Coin’s price continues to slide as questions arise over the real number of active nodes on Pi Network, with concerns of speculative risks echoing past token collapses.
Long-Termism of Next-Gen Mining Hardware Brands
Despite growing chatter around a $5K target, Ethereum’s on-chain signals, from dev activity to Smart Money volume; suggest the price may not be ready just yet.
Hong Kong will introduce its new Stablecoin Ordinance in August, limiting full licenses for fiat-referenced stablecoin issuers to fewer than 10. Over 40 companies, including major Chinese financial groups and tech giants, are competing for these exclusive positions. The upcoming regulations follow the recent passage of key legislation. This change gives the Hong Kong Monetary … <a href="https://beincrypto.com/hong-kong-stablecoin-license-limit/">Continued</a>
- 11:07US to Lower Tariffs on EU Cars to 15% After EU Eases Tariffs on US ProductsAccording to a report by Jinse Finance, U.S. officials have stated that tariffs on EU automobiles may be reduced within the next few weeks, lowering the tariff rate to 15%.
- 10:52Spot gold falls below $3,330 per ounce, down 0.54% on the dayAccording to Jinse Finance, spot gold has fallen below $3,330 per ounce, down 0.54% on the day.
- 10:31A new address goes long on ETH with 20x leverage after selling $1.5 million worth of ETHAccording to Jinse Finance, Onchain Lens monitoring shows that a newly created wallet address sold 355.97 ETH in exchange for 1.5 million USDC, deposited the funds into Hyperliquid, and opened a long ETH position with 20x leverage.