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- ILV surged 28.57% in 24 hours to $14.89 on Aug 29, 2025, reversing a 714.29% 7-day drop. - Traders analyze the rebound amid extreme volatility, with analysts warning of persistent swings due to historical patterns. - Technical indicators show accelerated short-term momentum but bearish long-term trends, with key resistance levels unheld. - A backtesting strategy targeting 15%+ daily gains could have triggered positions, though sustainability remains uncertain.
- Sharps Technology raised $400M via private placement to build the largest Solana (SOLUSD) treasury, pivoting from medical devices to digital assets. - The move drove a 40% stock surge as investors bet on blockchain growth, with CEO Alice Zhang citing Solana's institutional adoption and scalability. - Analysts caution the shift is speculative due to the firm's weak earnings history and shareholder dilution risks from the fundraising. - Solana's $190/coin price (down 6% in 24h) reflects its sixth-largest c
- EU to impose smaller antitrust fine on Google, reflecting Ribera's compliance-focused strategy over punitive measures. - Penalty stems from 4-year probe into Google's adtech favoritism, avoiding past billion-euro fines but maintaining regulatory pressure. - Google's $264B adtech revenue faces scrutiny without forced divestiture, contrasting with Vestager's breakup proposals. - U.S. Chrome browser antitrust ruling could influence EU enforcement, though European-led breakup remains unlikely.
- Solana's institutional adoption surges to $1.72B staked, driven by 6.86% staking yields and 65,000+ TPS scalability post-Alpenglow upgrade. - ETF momentum and SEC approval potential could unlock $3-6B in capital, with $164M already flowing into REX-Osprey's SSK ETF by July 2025. - Regulatory clarity and technical resilience position Solana as a high-yield alternative to Ethereum, with $300 price targets achievable via $5B inflow multipliers.
- A $2.7B Bitcoin whale dump in August 2025 triggered a flash crash below $112,700, but institutional buying and the "Power of 3" pattern drove a 24-hour rebound to $112,692. - U.S. core PCE inflation stabilizing at 2.8% created a favorable macroeconomic backdrop, though delayed Fed rate cuts introduced volatility linked to August's 5% price drop. - A $5B Bitcoin whale shifted $1.1B BTC to Hyperunit and built a $2.5B ETH reserve, reflecting institutional reallocation toward Ethereum's deflationary model an
- Cango Inc. acquired a $19.5M Bitcoin mining facility in Georgia, enhancing its role as a leading miner. - The Georgia site leverages low-cost renewable energy, ESG alignment, and existing infrastructure for rapid operational scalability. - Cango's vertical integration strategy combines mining with blockchain-based Web3 services like DeFi, expanding revenue streams. - The acquisition boosts Bitcoin's global hashrate, strengthening network security and intensifying U.S. mining competition. - Cango's instit
- XRP's potential to reach $20 by 2026-2027 hinges on clearing $3.00 resistance and aligning with favorable macroeconomic trends and regulatory clarity. - Short-term price action remains range-bound between $2.80-$3.20, with institutional adoption and SEC's 2025 commodity reclassification unlocking $7.1B in capital flows. - Technical patterns suggest $4.00-$4.40 as near-term targets, but sustained bullish momentum requires overcoming waning retail interest and capital outflows. - Long-term viability depend
- -2025 crypto market contrasts Sui's 12.8% 7-day decline vs BlockDAG's Token2049-driven $386M presale success. - -Sui faces $3.32 support tests amid 15% open interest drop, while BlockDAG achieves 15,000 TPS scalability via GhostDAG. - -Institutional investments highlight divergent paths: Amina Bank's $450M SUI purchase vs BDAG's 2,900% ROI for early presale buyers. - -Market analysis emphasizes balancing technical innovation (Move language, DAG-PoW) with ecosystem utility and regulatory risks. - -Token20
- 00:48El Salvador is transferring funds from a single Bitcoin address to multiple new unused addresses.Jinse Finance reported that the National Bitcoin Office of El Salvador stated it is transferring funds from a single bitcoin address to multiple new unused addresses to enhance security.
- 00:02Amplify submits application to the US SEC for an XRP Covered Call ETFJinse Finance reported that investment management company Amplify Investments submitted a preliminary prospectus for an XRP Monthly Option Income Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC) on August 29. The fund aims to balance high yield and capital appreciation by investing in XRP price returns combined with a covered call option strategy. Currently, the SEC still has a large backlog of crypto asset ETF applications pending review, including spot ETF proposals for XRP, Litecoin, Dogecoin, and Solana from institutions such as Grayscale, 21Shares, and Bitwise. Since the Trump administration took office, the SEC's stance on crypto ETFs has changed significantly, with rules approved in July allowing authorized participants to create and redeem crypto ETFs in physical form. As of August 28, Bloomberg data shows that there are more than 90 crypto-related applications awaiting SEC review. If approved, this would not be Amplify's first crypto ETF. The company also manages a fund investing in "equity of companies related to blockchain technology" and another covered call option income fund based on Bitcoin price returns. According to its official website, Amplify currently manages assets totaling $12.6 billion.
- 2025/08/29 23:43Grayscale submits S-1 filings for Cardano and Polkadot ETFsAccording to Jinse Finance, Bloomberg ETF analyst James Seyffart reported that digital asset management company Grayscale has filed S-1 registration statements for its Cardano (ADA) and Polkadot (DOT) exchange-traded funds (ETFs). These documents are a follow-up to the previously submitted 19b-4 forms by Grayscale, indicating that the company is continuing to advance its product listing process. This move is not an entirely new application, but rather part of its routine filing procedures.