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Share link:In this post: CoinShares reported $26.3 million in EBITDA and $32.4 million in net profit for Q2 2025. The firm plans to list in the U.S. and shift its market presence from Sweden to access deeper capital. Asset management brought in $30 million in fees, with record AuM despite $126 million in XBT outflows.
Share link:In this post: Solana Policy Institute (SPI) pledged $500,000 to support Tornado Cash founders Roman Storm and Alexey Pertsev’s legal defense. Ethereum figures, including Federico Carrone, gave $500K, the Ethereum Foundation pledged matching donations, and Vitalik Buterin donated 150 ETH (~$673K). SPI warned that the convictions set a dangerous precedent, criminalizing neutral code and chilling open-source innovation.
Share link:In this post: Eliza Labs has filed an antitrust lawsuit against Elon Musk’s X Corp., alleging that the company extracted valuable information before launching similar AI products. The lawsuit accuses X Corp. of using proprietary information from Eliza Labs to develop competing AI products, which could undermine fair competition. The lawsuit comes after xAI sued Apple and ChatGPT maker OpenAI over illegally conspiring to thwart competition for artificial intelligence.
- U.S. core PCE inflation rose to 2.9% YoY in July 2025, the highest since November 2023, with 0.3% monthly increase matching expectations. - Markets reacted cautiously: S&P 500 fell 1% as tech stocks retreated, while Nasdaq 100 dropped 1.3% amid AI demand concerns. - Fed rate cut odds remain strong at 85.2% for September, supported by dovish rhetoric and stable labor market expectations. - Personal spending rose 0.8% in July, showing consumer resilience despite inflation, reinforcing case for policy easin
- LILPEPE, an Ethereum-based meme coin, raised $22.4M in presales and trades at $0.0021, leveraging a custom Layer 2 blockchain for low fees and anti-sniper bot resistance. - Outperforming Shiba Inu and Pepe in ChatGPT query volume, LILPEPE combines deflationary mechanics (12% burn rate) with a $777K community fund to drive adoption. - Analysts highlight its institutional credibility via a 95.49/100 CertiK audit and roadmap to expand to BSC/Solana, positioning it as a foundational platform for next-gen mem
- XRP forms a symmetrical triangle pattern, with $3.3 resistance and $2.8–$2.9 support critical for near-term direction. - On-chain data suggests large holders may be distributing positions, while legal clarity post-SEC case boosts long-term appeal. - Analysts project $20 as a long-term target, but short-term volatility risks include $2.0 support breakdown and distribution pressures. - Institutional adoption and potential ETF approvals could drive a $4.40–$6 retest, though stablecoins remain preferred for
- LYNO AI, dubbed the "Ethereum of AI tokens," enters 2025 with an AI-driven cross-chain arbitrage platform operating on 15+ blockchains. - The platform automates real-time trades across fragmented liquidity pools, targeting institutional-grade opportunities via AI algorithms. - Early Bird presale offers $LYNO tokens at $0.050 with tiered price increases, while governance rights and staking rewards aim to align user incentives. - Analysts highlight LYNO AI's potential 12,300x returns by 2025, contrasting E
- Solana's Alpenglow upgrade replaces PoH/TowerBFT with Votor/Rotor, achieving 150ms finality and 107k TPS, surpassing traditional payment networks. - Market reacts strongly: SOL price hits $215, institutional allocations reach $1.72B, and DeFi TVL hits $8.6B with 100M+ daily transactions at $0.0003 cost. - Risks include validator centralization via 1.6 SOL VAT fees, 20% fault tolerance reduction, and reliance on Anza's Agave client before alternatives mature. - Partnerships with Stripe/BlackRock and PSG1
- Pudgy Penguins (PENGU) exhibits fractal patterns and technical signals suggesting a potential $0.110000 breakout by October. - Key support at $0.028–$0.030, reinforced by whale accumulation and a 13.69% supply burn, enhances scarcity and bullish momentum. - Morning Star candlestick, RSI (58.35), and TD Sequential buy signals validate the reversal, while $551M+ daily trading volume reflects strong retail demand. - Risks include regulatory delays and $0.030–$0.032 support breakdown, but fractal structure s
- 18:55The final value of the University of Michigan Consumer Sentiment Index for August in the United States is 58.2, with an expected value of 58.6.BlockBeats News, August 29, the final value of the University of Michigan Consumer Sentiment Index for August in the United States was 58.2, with an expected value of 58.6 and a previous value of 58.6. (Golden Ten Data)
- 18:54Ethereum Foundation to Suspend Grant Applications and Redesign Grant MechanismBlockBeats News, August 29, the Ethereum Foundation stated in a post that the Ethereum Foundation (EF) Grants Program was launched in 2018 and has gradually evolved into the Ecosystem Support Program (ESP), helping the Ethereum ecosystem thrive by providing grants and support. In 2024 alone, ESP allocated nearly $3 million to 105 projects and initiatives through the public grants program’s web form. To better align with EF’s updated ecosystem development strategy, the Foundation is adjusting ESP’s priorities and approach. As part of this transition, open grant applications have currently been temporarily suspended. This change will give the Foundation time to redesign the program, shifting the focus from a reactive model to a more proactive one, while also supporting other EF teams’ priorities. Funding for Ethereum public goods and application acceptance will continue, but will adopt a new approach, with specific details to be announced in future posts.
- 18:54The high-profile ancient BTC whale who switched to ETH has resumed buying, depositing 1,000 BTC into Hyperliquid.BlockBeats News, on August 29, according to monitoring by lookonchain, the high-profile ancient BTC whale who swapped for ETH once accumulated 641,508 ETH (worth $2.94 billion). After pausing ETH purchases for two days, he just deposited 1,000 BTC (worth $108.27 million) into Hyperliquid, sold them, and bought ETH spot.