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Share link:In this post: Lee Eok-won, the nominee for the Financial Services Commission chair, declared his first public stance on virtual assets. Lee believes the youth demographic is increasingly drawn to crypto investments, which could lead to significant financial losses due to their volatile nature. The industry has responded to his stance with ire, as many think it spells doom for the future of crypto in the country.
Share link:In this post: A study warns that stricter immigration enforcement could cost California up to $278 billion in GDP. California’s $49 billion agriculture industry employs a large share of immigrant labor. More than 60% of California’s construction workforce is foreign-born.
Share link:In this post: Russia became the suspect after Von der Leyen’s plane was disrupted by GPS jamming in Bulgaria. GPS interference has surged across Europe since the Ukraine war, affecting flights, ships, and communications beyond border regions. The union will deploy new low Earth orbit satellites and strengthen its own GPS system to counter electronic warfare.
Share link:In this post: El Salvador will host the world’s first government-backed Bitcoin conference in November 2025. The El Salvador event will feature workshops, keynote addresses, and top industry speakers worldwide. Bitcoin is recovering above $109K as investors watch for a possible US Fed rate cut.
- Ethereum's institutional adoption, driven by regulatory clarity and technical upgrades, has attracted $27.6B in ETF inflows by August 2025, surpassing Bitcoin's ETF growth. - Post-CLARITY Act reclassification unlocked $33B in July 2025 alone, with 60% of institutional crypto portfolios now allocated to Ethereum versus 15% for Bitcoin. - Dencun/Pectra upgrades reduced gas fees by 90%, enabling 65,000 TPS and $240B in Layer 2 TVL, while 30% staking participation creates deflationary supply dynamics. - Corp
- Japanese tech giant Metaplanet amasses 20,000 BTC ($2.14B) via equity, zero-interest bonds, and covered call options to hedge against inflation and fiat devaluation. - The strategy yields 30.7% BTC returns in Q2 2025, positioning Metaplanet as Asia's largest public Bitcoin holder and a top 10 global corporate treasury. - While Bitcoin's capped supply and low market correlation justify its strategic role, risks include stock price declines, equity dilution, and 16-21% 30-day volatility. - Regulatory frame
- South Korea’s FSC aligns with EU MiCA regulations, attracting institutional XRP capital via $45.5M in local exchange holdings. - BDACS launches institutional-grade XRP custody, addressing security gaps as Korean exchanges handle 30% of APAC XRP volume. - $29B in Korean-held XRP (25% of supply) creates global liquidity ripple effects, with U.S. investors tracking Seoul’s market as a crypto barometer. - Lawmakers’ undisclosed XRP investments raise conflict concerns, though regulatory clarity and infrastruc
- Institutional crypto capital is shifting toward Ethereum and altcoins in 2025–2026, driven by Ethereum’s utility, staking yields (3.8–6%), and regulatory clarity as a utility token. - Ethereum ETFs captured 68% of institutional inflows ($3.9B) by Q2 2025, outpacing Bitcoin ETF outflows, while altcoins like Solana and Avalanche gain traction via scalability and DeFi growth. - Regulatory reforms (SAB 122, CLARITY Act) and macro trends (Fed rate cuts) are accelerating altcoin adoption, with 73% of instituti
- Bitcoin's MVRV "death cross" in August 2025 triggered bearish debates, historically linked to 2018/2022 sell-offs but contrasting with current 2.1 MVRV ratio (neutral-bullish vs. overvaluation 3.5–4.0). - Contrarian on-chain metrics show 64% supply controlled by long-term holders, 40,000 BTC whale accumulation, and MVRV Z-score of 2 (far below "red zone" 7–9), suggesting undervaluation. - Strategic positioning includes hedging via inverse ETFs, tiered stop-loss orders, and diversified portfolios (50% BTC
- Dogecoin (DOGE) faces bearish 2025 forecasts with limited upside, trading near $0.2148 amid stagnant innovation and high valuation. - Layer Brett (LBRETT), an Ethereum Layer 2 meme coin, attracts investors with 1,450% staking APY, low fees, and scalable infrastructure. - Over $9M raised in LBRETT's presale highlights investor shift toward utility-driven tokens, contrasting DOGE's lack of ecosystem or staking rewards. - Analysts project LBRETT could outperform DOGE by 300x if the next meme cycle emerges,
- 03:13Data: Most cryptocurrency sectors decline, BTC rises 1.17%, approaching $110,000ChainCatcher News: According to SoSoValue data, there is a divergence in gains and losses across different sectors of the crypto market. Bitcoin (BTC) rose by 1.17% in the past 24 hours, approaching $110,000, while Ethereum (ETH) fell by 1.94%, dropping to the $4,200 mark at one point before rebounding above $4,300. In addition, the RWA sector rose by 0.59% in the past 24 hours, with Sky (SKY) and Maker (MKR) increasing by 5.27% and 5.28% respectively within the sector. The PayFi sector rose by 0.48%, with Stellar (XLM) and Bitcoin Cash (BCH) up by 2.18% and 3.64% respectively. The DeFi sector increased by 0.10%, among which the Trump family-backed cryptocurrency World Liberty Financial (WLFI) was listed for trading on September 1 and surged by 18.55% in 24 hours. In other sectors, the Meme sector fell by 0.79% in the past 24 hours, but MemeCore (M) bucked the trend and rose by 33.69%. The Layer1 sector dropped by 0.91%, the CeFi sector fell by 1.57%, while Bitget token (BGB) remained relatively strong, spiking by 3.39% during trading. The Layer2 sector declined by 2.58%. According to the crypto sector indices reflecting historical sector performance, ssiPayFi rose by 0.58%, while the ssiRWA and ssiNFT indices fell by 0.21% and 0.46% respectively.
- 03:13Project Hunt: UniSat, an extension wallet for Ordinals and brc-20, was the project unfollowed by the most Top figures in the past 7 daysChainCatcher news, according to tracking data from the Web3 asset data platform RootData X, in the past 7 days, the extension wallet UniSat, used for Ordinals and brc-20, was the project unfollowed by the most X (Twitter) top influencers. Notable crypto traders and influencers who recently unfollowed this project on X include Hsaka (@HsakaTrades), crypto KOL Kuai Dong (@_FORAB), and Sea (@Sea_Bitcoin).
- 03:03Data: Jeffrey Huang currently holds long positions in ETH and HYPE worth approximately $144 million, with an unrealized loss of about $4.17 million.ChainCatcher News, according to HyperInsight monitoring, "Brother Machi" Huang Licheng currently holds long positions in ETH and HYPE worth approximately $144 million, with an unrealized loss of about $4.17 million. Details are as follows: He holds 28,642 ETH long positions, valued at $124 million, with an unrealized loss of about $3.37 million. The opening price was $4,443.02, and the liquidation price is $3,274.8. He holds 460,000 HYPE long positions, valued at $20.05 million, with an unrealized loss of about $800,000.
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MoreData: Jeffrey Huang currently holds long positions in ETH and HYPE worth approximately $144 million, with an unrealized loss of about $4.17 million.
Laos National Digital Technology Group, the ASEAN stablecoin issuer, holds grand opening ceremony attended by Prime Minister Sonexay, who delivered a speech.