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Solana’s price action shows a near 6% daily dip, but a sharp fall in Coin Days Destroyed and lower exchange balances hint at a rebound soon.

VanEck's analysis points to Bitcoin reaching $180,000 by 2025, backed by institutional investments and positive market trends despite some challenges.



The US Treasury requests community feedback on stablecoin regulation under the GENIUS Act, aiming for balanced enforcement tools while delaying policy implementation for issuers.

In Brief South Korea's FSC plans to introduce stablecoin regulations in October. The draft aims to clarify stablecoin issuance, collateral, and risk management frameworks. Neighboring Japan is also moving towards launching a yen-pegged stablecoin.


- 14:26Nasdaq rises 1% intraday, S&P 500 is up 0.67%Jinse Finance reported that the Nasdaq rose by 1% intraday, the S&P 500 index is currently up 0.67%, and the Dow Jones is up 0.35%.
- 14:14CBOE announces Dogecoin ETF has been listedChainCatcher reported that the Chicago Board Options Exchange (CBOE) announced on the X platform that the REX-Osprey XRP ETF (XRPR) and the REX-Osprey DOGE ETF (DOJE) have been listed.
- 13:59Fed Rate Cut Ignites Wall Street Enthusiasm, U.S. Stocks Reverse Cautious SentimentJinse Finance reported that on Thursday, the Federal Reserve announced its first interest rate cut for 2025 and hinted at further rate cuts in the future, fueling risk appetite on Wall Street and causing a significant surge in the U.S. stock market. Thursday's rally in the U.S. stock market marked a reversal of traders' initial reaction to the Fed's decision in the previous trading session, when Wall Street took profits from overbought tech stocks. Robert Schein, Chief Investment Officer at wealth management firm Blanke Schein, stated: "The Fed cutting rates while the stock market is at record highs and the economy is still growing is a very unique context, as rate cuts are usually associated with economic problems. This dynamic is favorable for the stock market."