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Share link:In this post: XRP Ledger has launched Software Update 2.5.0, introducing major new features and bug fixes. Key features include batch transactions, token escrow, permissioned DEXs, and permission delegation. The update is a step toward making XRPL a stronger competitor to Ethereum and Solana in DeFi and enterprise blockchain.
Share link:In this post: Foreign direct investment in the US drops to $52.8 billion from $79.9 billion in the fourth quarter of 2024. The decline reflects business uncertainty over President Donald Trump’s tariff policies. However, the decline could be temporary as foreign companies start multibillion-dollar US projects.
Share link:In this post: Google has launched a new language model called Gemini Robotics On-Device. The model can run tasks locally on robots without the need for internet connectivity. The tech company claims that the model performs at a level close to the cloud-based Gemini Robotics model in benchmarks.
Share link:In this post: Oil prices rose as traders weighed a fragile ceasefire between Iran and Israel. Brent crude reached $67.99 a barrel, and WTI climbed to $65.24, near recent lows. Asian markets steadied, and the dollar dipped 0.1% to 144.70 against the Yen.
Share link:In this post: Jim Cramer believes DeepSeek no longer poses a threat to outpace tech giants in the artificial intelligence sector. He said investors who abandoned stocks in leading AI firms after DeepSeek’s launch are back. Cramer argued that the recovery of many AI stocks shows that fears about DeepSeek’s dominance are short-lived.
Share link:In this post: Arizona’s House of Representatives passed HB 2324, which would create a Bitcoin and Digital Assets Reserve Fund using seized crypto. The measure now awaits Governor Hobbs’s expected signature. Under the bill’s terms, seized assets above $300,000 will be split between the Attorney General, the state general fund, and the new reserve.
Solana is seeing a sharp rebound after a ceasefire between Israel and Iran, attracting smart money back into the market. With institutional confidence rising, SOL could soon test the $150 mark.
MARA, IREN, and HUT are among the top US crypto stocks showing bullish momentum today, with key announcements and strong investor interest driving their growth.
We should be cautious about the recent trend where many publicly traded companies are incorporating BTC into their corporate reserves, as this may actually be a negative FOMO signal.
- 07:42Opinion: BlackRock May Sell Off $506 Billion Worth of Bitcoin and EthereumAccording to a report by Digital Asset cited by Jinse Finance, BlackRock has transferred BTC and ETH worth $366 million to an exchange, suggesting a potential large-scale sell-off. Data from LookOnChain shows that on August 21, BlackRock moved 1,885 Bitcoins and 59,606 Ether to an exchange, with a total value of $366 million. The market is divided in its interpretation of BlackRock's asset transfer. Some analysts believe this may simply be a portfolio rebalancing, while others think it could reflect weakening sentiment among institutional investors. BlackRock's large-scale transfer of digital assets has heightened market anxiety, especially as Federal Reserve Chair Jerome Powell is about to deliver a speech. According to CoinMarketCap data, on August 22, Bitcoin was trading at $112,975.31, down 0.61% from the previous day; Ethereum was trading at $4,280.45, down 0.22%.
- 07:11Flipflop launches its first 30 projects, creating a value launchpad for micro-BitcoinForesight News reports that the first batch of 30 projects has launched on Flipflop, showing steady growth. Deployed on the Solana chain, Flipflop distinguishes itself from many other launch platforms as the first truly fair launch platform to adopt Bitcoin’s halving and difficulty adjustment mechanisms. Flipflop resists extreme price volatility, advocates for gradual upward movement, and rewards consensus communities, long-term builders, and long-term holders. The platform protects IP reputation and fan communities through the URC invitation code and a Refund mechanism that allows for refundable participation, with all minting fees used to provide liquidity. Its social mechanisms establish community self-governance and ecosystem expansion functions, and in the future, tokens can even be launched automatically via AI.
- 07:03The Fed’s Baseline Scenario: A 25-Basis-Point Rate Cut in SeptemberAccording to ChainCatcher, citing Jintou News, Huatai Securities Fixed Income Research stated that the current situation in the United States suggests that employment growth faces downside risks, which may require policy adjustments. Following Powell's speech, the market is trading on expectations of Federal Reserve easing, and the probability of a soft landing for the U.S. economy has increased. It is expected that a 25 basis point rate cut in September is the baseline scenario, and the probability of two 25 basis point cuts in the fourth quarter may be higher than that of just one cut.