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Share link:In this post: Lee Eok-won, the nominee for the Financial Services Commission chair, declared his first public stance on virtual assets. Lee believes the youth demographic is increasingly drawn to crypto investments, which could lead to significant financial losses due to their volatile nature. The industry has responded to his stance with ire, as many think it spells doom for the future of crypto in the country.
Share link:In this post: A study warns that stricter immigration enforcement could cost California up to $278 billion in GDP. California’s $49 billion agriculture industry employs a large share of immigrant labor. More than 60% of California’s construction workforce is foreign-born.
Share link:In this post: Russia became the suspect after Von der Leyen’s plane was disrupted by GPS jamming in Bulgaria. GPS interference has surged across Europe since the Ukraine war, affecting flights, ships, and communications beyond border regions. The union will deploy new low Earth orbit satellites and strengthen its own GPS system to counter electronic warfare.
Share link:In this post: El Salvador will host the world’s first government-backed Bitcoin conference in November 2025. The El Salvador event will feature workshops, keynote addresses, and top industry speakers worldwide. Bitcoin is recovering above $109K as investors watch for a possible US Fed rate cut.
- Ethereum's institutional adoption, driven by regulatory clarity and technical upgrades, has attracted $27.6B in ETF inflows by August 2025, surpassing Bitcoin's ETF growth. - Post-CLARITY Act reclassification unlocked $33B in July 2025 alone, with 60% of institutional crypto portfolios now allocated to Ethereum versus 15% for Bitcoin. - Dencun/Pectra upgrades reduced gas fees by 90%, enabling 65,000 TPS and $240B in Layer 2 TVL, while 30% staking participation creates deflationary supply dynamics. - Corp
- Japanese tech giant Metaplanet amasses 20,000 BTC ($2.14B) via equity, zero-interest bonds, and covered call options to hedge against inflation and fiat devaluation. - The strategy yields 30.7% BTC returns in Q2 2025, positioning Metaplanet as Asia's largest public Bitcoin holder and a top 10 global corporate treasury. - While Bitcoin's capped supply and low market correlation justify its strategic role, risks include stock price declines, equity dilution, and 16-21% 30-day volatility. - Regulatory frame
- South Korea’s FSC aligns with EU MiCA regulations, attracting institutional XRP capital via $45.5M in local exchange holdings. - BDACS launches institutional-grade XRP custody, addressing security gaps as Korean exchanges handle 30% of APAC XRP volume. - $29B in Korean-held XRP (25% of supply) creates global liquidity ripple effects, with U.S. investors tracking Seoul’s market as a crypto barometer. - Lawmakers’ undisclosed XRP investments raise conflict concerns, though regulatory clarity and infrastruc
- Institutional crypto capital is shifting toward Ethereum and altcoins in 2025–2026, driven by Ethereum’s utility, staking yields (3.8–6%), and regulatory clarity as a utility token. - Ethereum ETFs captured 68% of institutional inflows ($3.9B) by Q2 2025, outpacing Bitcoin ETF outflows, while altcoins like Solana and Avalanche gain traction via scalability and DeFi growth. - Regulatory reforms (SAB 122, CLARITY Act) and macro trends (Fed rate cuts) are accelerating altcoin adoption, with 73% of instituti
- Bitcoin's MVRV "death cross" in August 2025 triggered bearish debates, historically linked to 2018/2022 sell-offs but contrasting with current 2.1 MVRV ratio (neutral-bullish vs. overvaluation 3.5–4.0). - Contrarian on-chain metrics show 64% supply controlled by long-term holders, 40,000 BTC whale accumulation, and MVRV Z-score of 2 (far below "red zone" 7–9), suggesting undervaluation. - Strategic positioning includes hedging via inverse ETFs, tiered stop-loss orders, and diversified portfolios (50% BTC
- Dogecoin (DOGE) faces bearish 2025 forecasts with limited upside, trading near $0.2148 amid stagnant innovation and high valuation. - Layer Brett (LBRETT), an Ethereum Layer 2 meme coin, attracts investors with 1,450% staking APY, low fees, and scalable infrastructure. - Over $9M raised in LBRETT's presale highlights investor shift toward utility-driven tokens, contrasting DOGE's lack of ecosystem or staking rewards. - Analysts project LBRETT could outperform DOGE by 300x if the next meme cycle emerges,
- 03:03Laos National Digital Technology Group, the ASEAN stablecoin issuer, holds grand opening ceremony attended by Prime Minister Sonexay, who delivered a speech.On September 1, the Laos National Digital Technology Group (LADT) and its subsidiary NewPay held an opening ceremony in Vientiane. His Excellency Prime Minister Sonexay Siphandone of Laos attended the event and delivered an important speech. Several senior government officials, central bank leaders, ASEAN country envoys, and global Web3 industry partners jointly witnessed this significant milestone in Laos' digital asset sector. As the first compliant third-party payment platform in Laos, NewPay has partnered with LADT and signed an agreement with the Bitcoin Cash Foundation to promote the issuance of ASEAN stablecoins and build Laos' national public blockchain and other core digital infrastructure, with the support of the Lao government. This ceremony not only demonstrates Laos' long-term strategy for digital economic development but also lays a solid foundation for cross-border financial cooperation in the ASEAN region.
- 03:03RootData: MOVE to unlock tokens worth approximately $5.92 million in one weekAccording to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, Movement (MOVE) will unlock approximately 50 million tokens, worth about $5.92 million, at 11:00 on September 9 (GMT+8).
- 02:32Bitcoin token protocol BRC20 enables EVM-like smart contract functionality through the "BRC2" upgradeChainCatcher news, according to CoinDesk, the Bitcoin token protocol BRC20 has taken a step towards implementing Ethereum-style smart contracts. According to an announcement disclosed on Monday, starting from Bitcoin block 912,690, the Bitcoin token protocol has integrated the Ethereum Virtual Machine (EVM) into its core logic. This upgrade, known as BRC2, was jointly completed by Ordinals protocol developer Best in Slot and BRC20's anonymous founder Domo. Best in Slot CEO Eril Binari Ezerel stated that meta-protocols like Ordinals previously relied on "calculator-style" indexers, but with the integration of EVM, BRC20 will achieve Turing completeness. Domo further stated that the ultimate goal is to merge the two gold standards: Bitcoin as the most decentralized and secure network, and EVM as the most mature virtual machine, allowing users to experience Ethereum's composability and programmability while enjoying Bitcoin-level security.