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Ching initially focused on building systems to analyze how billions of people connect on social media, and later shifted to developing systems that could change the way trillions of dollars flow through the global economy.
The Korean DePIN project Piggycell recently launched its TGE and was listed on Binance Alpha.
In Brief ETHFI employs a buyback strategy to stabilize and increase its token value. Strategic buybacks aim to reduce market surplus and bolster investor confidence. The initiative reflects proactive market management in a volatile crypto environment.
Bitcoin enters fear zone again—historically followed by price surges. Could a new high be near?Previous Patterns Show Surges Follow FearIs the Next Bitcoin Rally Around the Corner?
- 20:38Federal Reserve Governor Milan: Widespread use of stablecoins may increase the risk of hitting the zero lower bound on interest ratesJinse Finance reported that Federal Reserve Governor Milan stated that the widespread use of stablecoins could increase the risk of reaching the zero lower bound on interest rates, and that extensive use of stablecoins might lower the neutral interest rate; the rise of stablecoins could also promote broader use of the US dollar, increase the value of the dollar, and lead to lower interest rates by the Federal Reserve.
- 19:59U.S. Senate Democrats propose plan to end government shutdownJinse Finance reported that an aide to U.S. Senate Minority Leader Schumer stated that the Democrats have proposed to reopen the government through an unconditional short-term funding bill and a bipartisan mini-omnibus appropriations bill.
- 19:28Ethereum validator queue surges, with over 1.5 million ETH waiting to be stakedJinse Finance reported that the Ethereum validator queue continues to grow, with approximately 1.5 million ETH currently waiting to enter the staking system, while about 2.45 million ETH are in the exit queue awaiting withdrawal. Analysts point out that this trend demonstrates the market's sustained confidence in Ethereum's long-term prospects, as validators are willing to bear delays and risks between locking up funds and earning returns to support network security and obtain rewards.