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Pi Coin’s price continues to slide as questions arise over the real number of active nodes on Pi Network, with concerns of speculative risks echoing past token collapses.
Long-Termism of Next-Gen Mining Hardware Brands
Despite growing chatter around a $5K target, Ethereum’s on-chain signals, from dev activity to Smart Money volume; suggest the price may not be ready just yet.
Hong Kong will introduce its new Stablecoin Ordinance in August, limiting full licenses for fiat-referenced stablecoin issuers to fewer than 10. Over 40 companies, including major Chinese financial groups and tech giants, are competing for these exclusive positions. The upcoming regulations follow the recent passage of key legislation. This change gives the Hong Kong Monetary … <a href="https://beincrypto.com/hong-kong-stablecoin-license-limit/">Continued</a>
- 21:42ETH briefly touches $3,500According to Jinse Finance, market data shows that ETH briefly touched $3,500 and is now trading at $3,477.41, up 2.83% in the past 24 hours. The market is experiencing significant volatility, so please manage your risks accordingly.
- 21:22Trump to Open Cryptocurrency Investment to the U.S. Retirement MarketAccording to a report by Jinse Finance, citing the Financial Times, Trump is preparing to open up cryptocurrencies, gold, and private equity to the $9 trillion U.S. retirement market—a move that could fundamentally change how Americans manage their savings. According to three people familiar with the matter, Trump is expected to sign an executive order as early as this week to allow alternative investments beyond traditional stocks and bonds in 401(k) retirement plans. These investments will cover a wide range of asset classes, from digital assets to metals, as well as funds focused on corporate acquisitions, private lending, and infrastructure deals. The sources said the executive order will instruct regulators to investigate the barriers faced by professionally managed funds in including alternative investments for 401(k) savers.
- 21:02Ripple Co-founder Chris Larsen Transfers Nearly $30 Million Worth of XRP to an ExchangeAccording to Jinse Finance, Ripple co-founder Chris Larsen sent approximately $26 million worth of XRP to an exchange earlier this week through a series of transactions. This move comes as XRP approaches its all-time high of $3.4, and since the beginning of this year, Larsen has also made significant transfers to exchanges and external wallets.