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- BlockDAG leads altcoin growth with scalable blockchain architecture addressing traditional limitations, attracting investor attention. - ONDO, VET, and ATOM gain traction through DeFi integration, supply chain solutions, and cross-chain interoperability, boosting trading volumes. - Rising altcoin adoption coincides with potential ETF expansion, as regulatory frameworks evolve to accommodate diversified crypto investments. - Cautious optimism persists amid reduced volatility, though long-term success depe
- California Gov. Newsom and Uber/Lyft agree on a deal allowing app-based drivers to collectively bargain while keeping independent contractor status. - The agreement reduces insurance requirements, lowering operational costs and fares, supported by SEIU and lawmakers. - Drivers can now form unions via 10% signature threshold, addressing income instability and arbitrary deactivation issues. - The deal follows Prop 22 and a 2024 court ruling, marking a major step in gig worker rights, though some protection
- DeFi and stablecoin ecosystems generated $1.2B in Q3 2025, showing 9.3% monthly growth driven by lending, trading, and yield-bearing innovations. - Aave V2 led with $4.1B lending volume, while Ethena’s USDe surged 75% to rank third in stablecoins, challenging Tether and Circle’s 70% revenue share. - Solana-based protocols like Pump.fun (79% growth) and Hyperliquid (25.9% growth) leveraged low fees to capture 30% of Q3 DeFi revenue. - Ethereum maintained 63% DeFi protocol dominance with $78.1B TVL, suppor
- Pudgy Party's 2025 launch drove 50,000 downloads but coincided with PENGU token's 20% monthly decline. - Broader NFT market slump, Ethereum's price drop, and delayed SEC ETF approval worsened PENGU's bearish trend. - Pudgy Penguins restructured PENGU's tokenomics with 51% airdropped to 6M holders, but in-game utility remains underdeveloped. - Regulatory delays and unproven physical-merchandise expansion pose risks to bridging gaming success with token value creation.
- Ethereum Foundation pauses open grants to prioritize infrastructure, interoperability, and scalability projects under its Ecosystem Support Program (ESP). - $32.6M allocated in Q1 2025 for upgrades like Pectra and Fusaka, reducing gas fees by 53% and enabling stateless clients. - Interoperability frameworks like EIL and Open Intents aim to streamline cross-chain interactions, addressing ecosystem fragmentation. - Academic grants and developer tooling (e.g., ZK Playbook) bridge research to scalable soluti
- Pi Network launches first ETP in Europe via Valour, listed on Spotlight Stock Market with 1.9% fee. - ETP offers regulated access to Pi, bridging traditional finance and digital assets for institutional/retail investors. - Pi’s $0.35 price and 4% 24h gain follow recent lows, with ETP expected to boost liquidity and institutional interest. - Despite 1.9% fee concerns, ETP’s regulatory compliance and SEK settlement aim to expand Pi’s European presence. - Analysts see ETP as a catalyst for adoption, though
- BlockDAG, a DAG+PoW Layer-1 blockchain, has raised $385M in presale with 25.5B tokens sold, attracting 200K+ holders. - Its X1 app (2.5M users) and X10 miners (19K sold) demonstrate broad adoption, reducing centralization risks in PoW systems. - Analysts project $1 price target could push BlockDAG into top 50 cryptos, with $10 valuation rivaling Solana/Avalanche. - Partnerships with Inter Milan and 4,500+ developers highlight its hybrid ecosystem growth strategy and mainstream visibility. - With EVM comp
- Ethereum's $4,300 support level in August 2025 faces critical tests as technical indicators show mixed signals (RSI overbought at 70.93 vs. bullish MACD 322.11). - Institutional confidence grows with $516M ETH inflows and whale staking 10,999 ETH ($46M), but NVT ratio spikes warn of potential overvaluation. - Historical September weakness (-12.55% median returns) and bearish RSI divergence contrast with ETF-driven accumulation, creating high-risk/high-reward dynamics. - Strategic positioning includes hed
- DeFi Development Corp. launched DFDV UK, the UK’s first Solana-focused public treasury vehicle via Cykel AI acquisition, marking its Treasury Accelerator strategy’s first step. - The company’s Solana treasury strategy includes staking, validator infrastructure, and DeFi engagement, with recent $77M SOL purchases boosting its holdings to 1.83M tokens. - DFDV UK’s launch drove an 8% stock surge, while growing institutional interest in Solana and projects like Snorter Token ($SNORT) signal potential market
- Ethereum tests $4,300 support, with breakdown risks a 10% correction amid September's historical crypto weakness. - Technical indicators show mixed signals: RSI at 54.04 and bullish Ichimoku cloud contrast with bearish trendline risks. - Institutional buying (e.g., BitMine, BlackRock) and deflationary supply dynamics counterbalance downward pressures. - $3,900–$3,700 range could trigger stop hunts or deeper correction, depending on institutional accumulation and Fed policy.
- 15:13Bitget has launched the USDT-margined MITO perpetual contractForesight News reports that Bitget has launched the USDT-margined MITO perpetual contract, with leverage ranging from 1 to 50 times. Contract trading BOT will be opened simultaneously.
- 15:12Current mainstream CEX and DEX funding rates show continued market divergence, with bearish and neutral sentiments coexisting.BlockBeats News, August 30, according to Coinglass data, the current funding rates on major CEX and DEX platforms show continued market divergence, with both bearish and neutral sentiments coexisting. The specific funding rates for major cryptocurrencies are shown in the attached chart. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the prices of underlying assets, usually applied to perpetual contracts. It is a capital exchange mechanism between long and short traders. The trading platform does not charge this fee; it is used to adjust the cost or profit of holding contracts, so that the contract price remains close to the price of the underlying asset. When the funding rate is 0.01%, it represents the benchmark rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market. When the funding rate is less than 0.005%, it indicates a generally bearish market.
- 15:07Blockchain lending protocol Credit Coop completes $4.5 million seed round led by Maven 11 and Lightspeed FactionAccording to ChainCatcher, as reported by PRNewswire, blockchain lending protocol Credit Coop has announced the completion of a $4.5 million seed funding round, led by Maven 11 and Lightspeed Faction, with participation from a certain exchange Ventures, Signature Ventures, Veris Ventures, TRGC, and dlab. The new funds will be used to support the development of its credit protocol, which converts commercial cash flows into programmable collateral based on Spigot smart contracts, in order to provide real-time settlement, automated lending services, and transparent credit monitoring.