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Despite gearing up for its version 23 upgrade, Pi Network’s PI token trades flat at $0.34. Weak inflows and bearish momentum raise the risk of a dip to $0.32 unless demand rebounds.
Bitcoin charts flash bullish reversal signs, hinting at a breakout towards $120K as momentum builds rapidly.The Bullish Crossover ExplainedTrendline Break Could Be the Trigger
Christian Rau says Mastercard views crypto as a payment method, not a revolution—focusing on safety and compliance.Stablecoins: A Step Forward, But Not a Replacement
Solana's DEX volume soared to $144B in August, regaining its momentum and matching May’s bullish activity.Why the Spike in Solana DEX Volume?What This Means for Solana and DeFi
The Philippines files SB 1330 to place the national budget on blockchain, boosting transparency and accountability.How Blockchain Will Revolutionize Budget ManagementGlobal Implications and the Future of Public Finance
- 12:44Data: Solana CME futures open interest rises to $1.87 billion, up 25.5% in three daysAccording to ChainCatcher, monitored by SolanaFloor, Solana CME futures open interest has risen to $1.87 billion, a 25.5% increase from $1.49 billion over the past three days. This is attributed to expectations that the Solana spot ETF may be approved in October and the continued accumulation by SOL treasury companies, thereby expanding demand.
- 12:44Glassnode: Bitcoin has strong support in the $110,000–$114,000 range, with the next resistance at $117,000.According to ChainCatcher, citing Glassnode data, the cost basis distribution of bitcoin shows dense support in the $110,000 to $114,000 range, where a large amount of supply has been acquired. The next major supply area is near $117,000, which may provide resistance.
- 12:41Mega Matrix announces $3 million purchase of ENA tokensJinse Finance reported that Mega Matrix, a NYSE American-listed company under the New York Stock Exchange, announced that it has spent $3 million to purchase ENA tokens, acquiring approximately 3.86 million tokens at an average purchase price of $0.7117 (including all fees and transaction costs). The company's management stated that it will systematically implement the previously announced MPU stablecoin governance token treasury reserve (DAT) strategy and is expected to increase its ENA holdings on a weekly basis in the future.