News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Pi Coin price action has been brutal, but subtle bullish signals from money flow and momentum hint that a short-term rebound may be on the way.
Share link:In this post: Apple is expanding iPhone 17 production across five factories in India, including Tata and Foxconn sites. Trump raised tariffs on Indian imports to 50% and warned of 100% secondary tariffs over Russian oil ties. India is under U.S. pressure to buy and resell discounted Russian oil during the Ukraine war.
Share link:In this post: The White House has joined TikTok, even though the app could be banned in the U.S. later this year. Trump is using the app to share policies and reach young voters. TikTok faces lawsuits and security concerns over data privacy and its effect on teens.
Share link:In this post: Paul Atkins says the SEC will launch the President’s Digital Assets Group soon. The plan follows the White House roadmap on crypto rules. The move shows the US wants to lead in digital assets.
Trump: Pump the Coin, Dump the Stock
- 03:24On-chain privacy solution Vanish raises $1 million in seed funding led by ColosseumAccording to ChainCatcher, based on an official announcement, Vanish, a privacy transaction solution built on Solana, has completed a $1 million seed funding round. The round was led by Colosseum, with participation from Solana Ventures, Pivot Global, and Solana co-founder Toly, among others.
- 03:24SBI Holdings to Launch On-Chain Tokenized Stock Trading Platform in Partnership with StartaleAccording to a report by Jinse Finance, as cited by The Block, Japanese financial group SBI Holdings has announced a strategic partnership with crypto infrastructure company Startale Group to jointly launch an on-chain tokenized stock trading platform. This platform will combine SBI’s financial ecosystem with Startale’s blockchain infrastructure, supporting 24/7 trading of tokenized stocks, offering faster cross-border settlement and fractional ownership features. The platform will also integrate decentralized finance protocols and be equipped with account abstraction, institutional custody, and real-time compliance monitoring functions.
- 03:08Data: Crypto Market Remains Sluggish, with Only the SocialFi Sector Showing Relative ResilienceAccording to ChainCatcher, citing SoSoValue data, the U.S. August PMI exceeding expectations and hawkish remarks from Federal Reserve officials have cooled expectations for a rate cut in September. As a result, the crypto market broadly declined, with only the SocialFi sector bucking the trend, rising slightly by 0.73%. Within the sector, Toncoin (TON) increased by 1.92%. In addition, Bitcoin (BTC) fell 1.54% over 24 hours, dropping below $113,000. Ethereum (ETH) declined by 1.80%, remaining in a narrow range around $4,200. In other sectors, the CeFi sector dropped 2.32%, but within the sector, a certain exchange and another exchange (HT) surged by 29.43% and 292.01%, respectively. The PayFi sector fell 2.86%, with Ultima (ULTIMA) rising for three consecutive days and spiking 19.17% intraday. The Meme sector dropped 3.13%, with Pump.fun (PUMP) down 7.38%. The Layer1 sector declined 3.17%, DeFi sector fell 3.37%, and Layer2 sector dropped 3.94%, though SKALE (SKL) rose 10.86%. According to crypto sector indices reflecting historical sector performance, the ssiSocialFi index rose 0.98%, while the ssiCeFi and ssiLayer1 indices fell by 1.38% and 2.38%, respectively.