News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
In Brief Pi Network enhances the ecosystem despite a fall in PI token price. Pi App Studio updates aim to simplify dApp development. Market trends show potential recovery signs alongside new token releases.
The listing of "Binance Life" on Binance Futures has ignited a surge of interest in "Chinese" Meme coins.
Tether’s USD₮ stablecoin now serves 500 million users worldwide, marking a major milestone for digital payments.A Major Milestone for Tether’s StablecoinWhy USD₮ Adoption Is Growing FastA New Era for Digital Dollars
SharpLink purchases 19,271 ETH, boosting its total Ethereum holdings to nearly 860,000 ETH.SharpLink Boosts Ethereum Holdings with Major PurchaseWhy This ETH Move MattersInstitutional Adoption on the Rise
CEA Industries now holds over 500,000 BNB, signaling a major investment in Binance's ecosystem.Opening Access to Fed InfrastructureImplications for the Crypto EcosystemRegulatory and Security Considerations
115 out of 117 economists predict the Fed will cut rates by 25 bps on October 29, per Reuters.Economists Strongly Predict Fed Rate Cut This MonthWhy a Rate Cut Matters NowPotential Market Reactions and Crypto Impact
- 19:02Solana announces the end of Saga phone support, exiting the market after only two yearsJinse Finance reported that Solana Mobile has announced the discontinuation of software and security updates for its blockchain phone, Saga, marking the end of the device's lifecycle just two years after its release. The official statement noted that compatibility with new systems or services is no longer guaranteed, and users will face security risks and potential app failures. Saga was launched in May 2023, originally intended to promote Web3 adoption, and was co-developed by California hardware company OSOM and Solana Mobile. Despite an initial price of $1,000, later reduced to $599, sales reached only about 20,000 units, falling short of expectations. The device once gained popularity due to meme coin airdrops pre-installed in its wallet, and unopened units are still being resold on secondary markets at up to three times the original price. Solana Mobile has now developed the next-generation crypto phone, “Solana Seeker,” which was released on August 4.
- 18:16Data: If ETH falls below $3,817, the cumulative long liquidation intensity on major CEXs will reach $2.006 billions.According to ChainCatcher, citing data from Coinglass, if ETH falls below $3,817, the cumulative long liquidation volume on major CEXs will reach $2.006 billions. Conversely, if ETH breaks above $4,217, the cumulative short liquidation volume on major CEXs will reach $1.077 billions.
- 17:20The probability of the Federal Reserve cutting interest rates by 25 basis points in October has dropped to 96.7%.According to ChainCatcher, CME "FedWatch" data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in October is 96.7%, while the probability of keeping rates unchanged is 3.3%.