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7 minutes ago

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Ethereum Core Developers Discuss Fusaka Update and Future Plans

Ethereum's core developers, led by Tim Beiko, convened for the 219th ACDE meeting to discuss key updates and future plans. The Fusaka update was a primary focus, with Devnet-3 achieving finality and the consensus layer team addressing synchronization issues, expected to be resolved by next week. If non-finality tests stabilize, Devnet-5 will be initiated. Additionally, the Blob proposal is advancing through Osaka-style PR collections, requiring 24-hour consensus for merging. The meeting also covered plans to deprecate Holesky weeks after Fusaka's activation, with a public post outlining the timeline and migration guidance. The gas limit target is set to reach 60 million before the Fusaka upgrade. Discussions on Glamsterdam updates prioritized client-requested PFI matters, with the Repricings Meta EIP serving as a comprehensive proposal for opcode and precompile cost model updates. EIPs 2926, 7793, 7843, 8012, and 8014 were reviewed, though no decisions on inclusion were made.

ETH -2.12%
9 minutes ago

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Over 90 Crypto ETPs Await Approval in the US

More than 90 cryptocurrency exchange-traded products (ETPs) are currently pending approval in the United States, according to Bloomberg's James Seyffart. This surge in applications reflects growing interest in regulated crypto investment vehicles, as market participants anticipate potential regulatory green lights that could further integrate digital assets into mainstream financial markets.
39 minutes ago

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BlackRock ETH ETF Sees $68 Million Inflow, Extends Streak to Six Days

BlackRock's Ethereum ETF, trading under the ticker $ETHA, recorded a net inflow of 15,127 ETH, equivalent to $68.09 million, on August 28. This marks the sixth consecutive day of inflows, bringing the total to $1.3 billion over this period. The ETF also reported a trading volume of $1.4 billion, highlighting sustained investor interest in Ethereum-based financial products.

ETH -2.12%
39 minutes ago

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Kalshi Expands Solana Prediction Markets for $SOL Events

Kalshi has announced the expansion of its prediction markets to include events related to Solana ($SOL). This move allows users to speculate on various outcomes and events associated with the Solana blockchain, providing a new avenue for engagement with the cryptocurrency. The expansion is part of Kalshi's broader strategy to enhance its offerings in the crypto space, catering to the growing interest in Solana's ecosystem.

SOL -4.40%
40 minutes ago

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Whale 0x9e8b Takes Bullish Position on Solana, Bearish on Ethereum

Whale 0x9e8b, known for making over $15 million in profit on Hyperliquid, has taken a significant position in the cryptocurrency market. The trader opened a 20x leverage long position on 141,611 Solana (SOL), valued at approximately $30.75 million. Simultaneously, the whale initiated a 25x leverage short position on 6,698 Ethereum (ETH), worth around $30 million. This move indicates a bullish outlook on Solana while expressing a bearish sentiment towards Ethereum.

ETH -2.12% SOL -4.40%
42 minutes ago

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Bitcoin ETFs See $179.36 Million Net Inflows on August 28

Bitcoin exchange-traded funds (ETFs) recorded a total net inflow of $179.36 million on August 28. BlackRock's IBIT led the inflows with $64.19 million, followed by Ark Invest's ARKB with $79.81 million. Bitwise's BITB saw $25.02 million in net inflows, while Fidelity's FBTC attracted $4.89 million. Grayscale Mini's BTC added $5.45 million. Other ETFs, including those from Invesco, Franklin, Valkyrie, VanEck, WisdomTree, and Grayscale, reported no net inflows.

BTC -2.60%
46 minutes ago

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CSLM Digital Asset Acquisition Corp III Completes $230M IPO

CSLM Digital Asset Acquisition Corp III has successfully completed its initial public offering (IPO), raising $230 million. The special purpose acquisition company (SPAC) began trading on Nasdaq under the ticker symbol KOYNU on August 27. CSLM plans to target mergers and acquisitions with companies involved in blockchain, payments, DeFi, and digital asset infrastructure in emerging markets.

DEFI -19.78%
1 hour ago

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Blockchain's Transparency Outshines Cash in Crime Deterrence

Blockchain technology's transparency and traceability are proving to be effective deterrents against crime, surpassing traditional cash transactions. Despite concerns about cryptocurrency's role in illegal activities, data indicates that cash remains the primary medium for crime. Blockchain's inherent transparency offers solutions to compliance challenges that have persisted for decades.
1 hour ago

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Bitmine Expands Ethereum Holdings to Over $8 Billion

Bitmine has significantly increased its Ethereum holdings by acquiring an additional 78,791 ETH, valued at approximately $354.6 million. This acquisition brings Bitmine's total Ethereum holdings to 1,792,690 ETH, worth over $8 billion, marking a substantial investment in the cryptocurrency market.

ETH -2.12%
1 hour ago

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NVIDIA Reports $46.743B Q2 Revenue, AI Data Center Drives Growth

NVIDIA announced a Q2 2026 revenue of $46.743 billion, marking a 56% year-over-year increase, driven by its AI data center business, which contributed $41.1 billion. Despite surpassing market expectations, NVIDIA's stock dropped over 5% in after-hours trading due to concerns about its dependency on major clients like cloud service providers and AI model developers. Geopolitical issues, including the lack of H20 chip sales to China, resulted in a $4 billion revenue shortfall. CEO Jensen Huang remains optimistic, forecasting a $3-4 trillion annual global AI infrastructure spend by the decade's end. NVIDIA's Q3 revenue guidance is set at $54 billion, slightly above Wall Street's consensus.
1 hour ago

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Future Land Development Launches Digital Asset Research Institute in Hong Kong

Future Land Development has announced the establishment of a Digital Asset Research Institute in Hong Kong, effective August 29th. The institute aims to integrate the company's existing business expertise with RWA (Real World Asset) tokenization technology to enhance its strategic initiatives in RWA applications. This move is part of Future Land Development's broader strategy to advance its deployment of RWA tokenization efforts.

RWA +0.20%
1 hour ago

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Aleo Network Joins Global Dollar Network as First Privacy Layer-1 Blockchain

Aleo Network Foundation has officially joined the Global Dollar Network (GDN), becoming the first privacy-focused Layer-1 blockchain to do so. Initiated by Paxos, GDN includes major participants such as Robinhood, Worldpay, Standard Chartered, Kraken, and Anchorage Digital. The network aims to establish a secure and compliant ecosystem for the USDG stablecoin. Aleo's integration brings its zero-knowledge proof infrastructure to GDN, supporting programmable and confidential transactions. This enhances the USDG's applicability in privacy-sensitive payment scenarios, opening new growth opportunities for institutional and developer-level applications. The move underscores blockchain's potential in data-sensitive environments requiring robust user privacy protection.

ALEO USDG
1 hour ago

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David Sharbutt Joins BitMine Board of Directors

David Sharbutt, founder of Alamosa Holdings, has been elected to the board of directors at BitMine. Sharbutt, a pioneer in the wireless service industry, previously built Alamosa PCS into a multi-billion dollar subsidiary of Sprint PCS. He also served as a director at American Tower Corporation for 17 years, contributing to its growth as a leading real estate investment trust.
2 hours ago

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James Wynn Closes DOGE Long, Opens BTC Short with 40x Leverage

James Wynn has closed his 10x leveraged long position on Dogecoin, securing a profit of $2,835. Following this, Wynn has initiated a small short position on Bitcoin, utilizing 40x leverage, as reported by Onchain Lens on August 29.

BTC -2.60% DOGE -5.85%
2 hours ago

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Bitcoin Cash Rallies 50% to $608, Targets $690

Bitcoin Cash (BCH) has surged 50% to reach $608.3, following a breakout from the $400–$420 range. This rally marks the completion of its second breakout target. Currently, BCH is consolidating near the $534 support level, with a new target set at $690.3. Traders are closely watching resistance levels between $608 and $690 as BCH's momentum remains strong. The focus is on whether BCH can sustain its upward trend and achieve the $690.3 target, depending on its ability to hold key support levels.

BCH -1.86%
2 hours ago

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Phemex Crypto Market Daily: CFTC Enhances Crypto Oversight with Nasdaq Tech (Aug 29)

Key Takeaways:
1. Macro Environment The CFTC's adoption of Nasdaq's Market Surveillance platform marks a shift towards proactive regulation, enhancing oversight of crypto markets. The U.S. government's integration of GDP data on blockchains signifies a MAJOR step in economic data transparency. Central banks continue tightening monetary policies, impacting global liquidity. Geopolitical tensions contribute to economic uncertainty, affecting market stability. Rising yields pose challenges for risk assets, including cryptocurrencies. 2. Crypto Market Regulatory clarity is improving with the CFTC's enhanced surveillance, boosting market integrity. Institutional adoption is accelerating, with significant investments in DEFI and stablecoins. Smart money is strategically positioning in quality assets, as seen with large ETH and Bitcoin transactions. The total crypto market cap stands at $3.89T, with mixed signals in market indicators. Altcoin season is in a transition phase, reflecting selective investor interest. 3. This Week's Outlook The US PCE Price Index release today could influence monetary policy expectations, impacting USD and crypto markets. Dexlab's airdrop of 11,440,000 XLAB tokens may affect the DEFI and Solana ecosystems. BullZilla's presale launch could impact TOKEN valuation dynamics. Upcoming MAJOR TOKEN unlocks, including SUI and Aptos, may introduce volatility. The Hong Kong CROSS-border Payment Summit will discuss stablecoins and market strategies.

BTC -2.60% CRO -5.18% DEFI -19.78% ETH -2.12% LINK -3.77%
2 hours ago

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Whale Deposits $10M USDC into Hyperliquid for XPL Long Position

A cryptocurrency whale has created four new wallets and deposited a total of 10 million USDC into the Hyperliquid platform to establish a long position on XPL. This activity was detected by Lookonchain monitoring over the past three hours, suggesting a significant investment move in the XPL market.

USDC -0.00% XPL -33.43%
2 hours ago

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Solana Rallies 16% as Institutions Eye $1B Investment

Solana has surged 16.37% over the past week, reaching $214, driven by growing institutional interest. The cryptocurrency's recent performance marks the highest gain among top digital assets, with a 3.53% rise in the last 24 hours. Analysts note resistance levels at $244 and $273, with a potential target of $300. Institutional players, including Galaxy Digital, Multicoin Capital, and Jump Crypto, are reportedly planning to raise $1 billion to invest in Solana, which could further strengthen its market position. The token's momentum was initially sparked by a bullish golden cross in early August, despite a mid-month setback.

SOL -4.40%
3 hours ago

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US Stock Indices Climb; Circle Gains 2.78%

On August 29, U.S. stock markets closed higher with the Nasdaq Composite up 0.53%, the S&P 500 rising 0.32%, and the Dow Jones Industrial Average increasing 0.16%. Both the Dow and S&P 500 achieved new closing highs. In the tech sector, Google and Amazon saw gains of over 2% and 1%, respectively. In the cryptocurrency market, Circle (CRCL) rose by 2.78%, while Galaxy Digital (GLXY) increased by 0.41%. However, Coinbase (COIN) experienced a slight decline of 0.16%.

COIN -0.88% CRCL -2.78% GLXY
3 hours ago

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M^ZERO Raises $40 Million in Series B Funding Led by Polychain and Ribbit

DeFi platform M^ZERO has secured $40 million in a Series B funding round, with Polychain Capital and Ribbit Capital leading the investment. The round also saw participation from prominent investors such as PANTERA Capital, Bain Capital Crypto, and Endeavor Catalyst. This significant funding underscores the increasing interest and investment in decentralized finance platforms.

Ethereum Core Developers Discuss Fusaka Update and Future Plans

Over 90 Crypto ETPs Await Approval in the US

BlackRock ETH ETF Sees $68 Million Inflow, Extends Streak to Six Days

Kalshi Expands Solana Prediction Markets for $SOL Events

Whale 0x9e8b Takes Bullish Position on Solana, Bearish on Ethereum

Bitcoin ETFs See $179.36 Million Net Inflows on August 28

CSLM Digital Asset Acquisition Corp III Completes $230M IPO

Blockchain's Transparency Outshines Cash in Crime Deterrence

Bitmine Expands Ethereum Holdings to Over $8 Billion

NVIDIA Reports $46.743B Q2 Revenue, AI Data Center Drives Growth

Future Land Development Launches Digital Asset Research Institute in Hong Kong

Aleo Network Joins Global Dollar Network as First Privacy Layer-1 Blockchain

David Sharbutt Joins BitMine Board of Directors

James Wynn Closes DOGE Long, Opens BTC Short with 40x Leverage

Bitcoin Cash Rallies 50% to $608, Targets $690

Phemex Crypto Market Daily: CFTC Enhances Crypto Oversight with Nasdaq Tech (Aug 29)

Whale Deposits $10M USDC into Hyperliquid for XPL Long Position

Solana Rallies 16% as Institutions Eye $1B Investment

US Stock Indices Climb; Circle Gains 2.78%

M^ZERO Raises $40 Million in Series B Funding Led by Polychain and Ribbit