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- Hong Kong enacted the Stablecoins Ordinance (Cap. 656) on August 1, 2025, establishing a legal framework for fiat-referenced stablecoins to position the city as a global digital asset hub. - The ordinance mandates HKMA licensing for stablecoin issuers, requiring HK$25 million minimum capital and full backing by high-quality liquid assets like government bonds. - Strict AML/cybersecurity protocols and market reactions, including BitMart withdrawing VASP applications, highlight the regulatory rigor balanci
- U.S. Department of Commerce partners with Chainlink and Pyth to publish macroeconomic data on blockchain networks, enhancing transparency and tamper-proof integrity. - Key indicators like GDP and PCE are now accessible via onchain feeds, enabling DeFi applications to integrate real-time economic metrics for dynamic financial tools. - The initiative drives institutional blockchain adoption, with Pyth and Chainlink tokens surging post-announcement, reflecting growing trust in decentralized data infrastruct
- Gryphon's stock jumped 42.1% to $1.75 as merger with American Bitcoin nears, with shares up 231% since May. - Post-merger entity retains ABTC ticker, controlled by Trump family (98%) and Hut 8, with Winklevoss brothers as anchor investors. - Strategic move aligns with 2025 crypto IPO surge, including Circle and Bullish, amid U.S. policy shifts like the GENIUS Act. - Merged entity aims to expand BTC reserves through Asian acquisitions, leveraging $5B securities filing for growth-focused capitalization.
- Tether integrates USDT on Bitcoin via RGB protocol, addressing scalability and privacy issues to enable mass adoption. - RGB protocol anchors stablecoin ownership to Bitcoin’s blockchain while processing transactions off-chain, ensuring trustless, censorship-resistant transfers. - Tether’s $86B USDT market cap now supports Bitcoin-based DeFi and tokenized assets, strengthening its role as decentralized finance’s foundation. - Challenges include RGB wallet adoption and regulatory scrutiny, though Tether’s
- Pump.fun’s buyback program uses 30% of fees to repurchase and burn PUMP tokens, with 60% destroyed and 40% as staking rewards. - The platform dominates 77.4% of Solana memecoin trading volume, leveraging buybacks to stabilize prices amid market volatility. - Aggressive buybacks reduced PUMP’s supply by 0.766% since July 2025, creating algorithmic scarcity but facing risks from declining revenue and lawsuits. - Strategic initiatives like the Glass Full Foundation aim to sustain growth, though financial st
- India extends cotton import duty exemption until 2025 to counter U.S. 50% tariffs on Indian exports, boosting textile competitiveness through cheaper global inputs. - Policy triggered mixed market reactions: textile stocks surged 9% while export-oriented firms faced 12% selloff amid U.S. trade tensions and volatile cotton futures. - Long-term gains favor U.S. cotton producers (e.g., 10% price premium in India) and diversified investors in ETFs like COTN, despite 64.84% historical drawdown risks. - Strate
- U.S. 30-year mortgage rates averaged 6.548% on Aug. 29, 2025, showing minor daily fluctuations amid broader stability. - Despite Fed rate cuts since late 2024, rates remain elevated due to inflation, national debt, and Fed balance sheet reductions. - Homebuyers face challenges from "golden handcuffs" and high rates, requiring strong credit (740+) and DTI ratios under 36%. - Analysts predict short-term volatility but no return to pandemic-era sub-3% rates, with policy responses to inflation as key drivers.
- As of August 2025, 55 million Bitcoin wallets show profits, signaling market maturation and long-term investment trends. - Average 4.4-year holding periods and 21% U.S. adult crypto ownership highlight Bitcoin's adoption as a stable store of value. - Institutional investments and Bitcoin's 2025 halving event reinforce its resilience, with 560 million global users boosting network utility. - Profitability metrics remain methodologically unclear, but growing adoption and reduced volatility confirm Bitcoin'
- ZRX plummeted 332.08% in 24 hours to $0.2481 on Aug 29, 2025, amid extreme short-term volatility. - Despite recent 3.9% weekly gain and 814.69% monthly surge, ZRX remains down 4396.33% year-to-date. - Technical analysis shows bearish long-term trends but short-term momentum recovery, complicating trading strategies. - A backtest proposes buying ZRX after 10% daily drops, holding 5 days, to exploit potential reversal patterns.
- 07:40Data: In the past hour, total liquidations across the network reached $64.56 million, with long positions accounting for $62.48 million.According to ChainCatcher, citing Coinglass data, the total liquidations across the network reached $64.56 million, with long positions accounting for $62.48 million of the liquidations.
- 07:39A dormant pre-mined address containing 158 ETH was activated after 10.1 years.Jinse Finance reported that, according to Whale Alert monitoring, at 15:30 (UTC+8), a dormant pre-mined address containing 158 ETH (worth $693,197) was just activated after 10.1 years (it was worth $48 in 2015)!
- 07:39SOL surpasses $210According to Jinse Finance, market data shows that SOL has surpassed $210, currently trading at $210.04, with a 24-hour decline of 0.36%. The market is experiencing significant volatility, so please exercise proper risk control.