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HBAR faces bearish squeeze at $0.234, testing $0.230 support. If it holds, recovery to $0.244 could follow; otherwise, further declines toward $0.210.HBAR faces bearish squeeze at $0.234, testing $0.230 support. If it holds, recovery to $0.244 could follow; otherwise, further declines toward $0.210.
MicroStrategy’s stock is no longer closely tracking Bitcoin’s price, marking a potential turning point for the company’s Bitcoin-driven strategy. New competitors and market changes threaten to erode the unique financial model that has allowed MicroStrategy to accumulate Bitcoin at scale.
Ethereum's recent dip has led to widespread liquidations, with millions lost in the process. However, institutional investors are capitalizing on the market downturn, purchasing significant amounts of ETH, suggesting long-term confidence in the asset.
Share link:In this post: Wyoming launches the Frontier Stable Token (FRNT), becoming the first U.S. state to issue a blockchain-based stablecoin. FRNT is backed by US dollars and Treasuries, with reserve interest funding Wyoming’s School Foundation Fund. The token debuts across seven blockchains, supported by partners including LayerZero, Fireblocks, and Franklin Advisers.
Share link:In this post: Google’s proposal will allow Android developers to direct users to external sites for payments. It is also proposing to slash its first-year developer fee from 10% to 3% under the new program. Brussels has accused Google of unfair restrictions and could impose multibillion-euro fines.
- 21:06SOL Surpasses 200 USDAccording to Jinse Finance, market data shows that SOL has surpassed $200 and is now trading at $200.08, with a 24-hour increase of 10.58%. The market is experiencing significant volatility, so please manage your risks accordingly.
- 20:18All Three Major U.S. Stock Indexes Close Higher, Dow Hits Another Record HighAccording to Jinse Finance, Federal Reserve Chairman Jerome Powell stated at the Jackson Hole annual meeting that although inflation remains a concern, rising risks in the labor market may prompt the Fed to cut interest rates in September. All three major U.S. stock indexes closed higher: the Dow Jones rose 1.89% and gained 1.53% for the week; the Nasdaq rose 1.88% but fell 0.58% for the week; the S&P 500 rose 1.52% and was up 0.27% for the week. Notably, the Dow Jones hit a new record high, and both the Dow and S&P 500 have risen for three consecutive weeks. The KBW Bank Index climbed 3.2%, reaching its highest level since 2022. Major tech stocks saw broad gains: Tesla surged over 6%, marking its largest single-day increase in two months; Intel rose more than 5%; Google and Amazon both gained over 3%; AMD and Meta were up more than 2%; Apple and Nvidia rose over 1%; and Microsoft posted a modest increase. Netflix edged down slightly. Opendoor soared more than 39%, reaching its highest level since August 2023.
- 20:09Dow Jones closes up 846.24 points, S&P 500 and Nasdaq also riseAccording to ChainCatcher, citing Jinshi News, the Dow Jones Industrial Average closed up 846.24 points, or 1.89%, at 45,631.74 on August 22 (Friday); the S&P 500 closed up 96.74 points, or 1.52%, at 6,466.91; and the Nasdaq Composite closed up 396.22 points, or 1.88%, at 21,496.53.