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Bitcoin's price saw a slight uptick following the US CPI release, showing 2.8% inflation in July. Analysts now expect a Fed rate cut in September, keeping markets on edge.
Ethereum’s supply squeeze, fueled by corporate accumulation, whale activity, and record staking, is setting the stage for a potential rally toward $7,000. Analysts highlight $4,400 as the key breakout point for short-term momentum.
Share link:In this post: Ethereum developer Federico Carrone was detained for hours in Turkey over alleged misuse of Ethereum. The accusation is likely connected to privacy protocols and Carrone’s research on the subject. Despite crypto adoption, privacy and self-custody tools continue to face legal uncertainty and risks.
Share link:In this post: • A7A5 allows holders of Russian bank cards to buy stablecoins. • Option available only to Russian citizens, clients of sanctioned bank PSB. • Traders can also sell the tokens and receive Russian rubles in their card accounts.
Share link:In this post: Ola Källenius, CEO of Mercedes-Benz, has publicly criticized the European Union’s plan to ban CO2-emitting vehicles by 2035. Källenius argues that the transition to electric vehicles must be balanced with the realities of supply chain capabilities and consumer needs. The Trump administration released updated guidelines for a $5 billion program expanding electric vehicle (EV) charging infrastructure across the United States.
Share link:In this post: General Motors (GM) is shifting its driverless car strategy from robotaxis to personally owned autonomous vehicles. Former Tesla Autopilot chief Sterling Anderson will lead the renewed self-driving push. GM plans to rehire Cruise veterans and bring in new talent to accelerate development.
Share link:In this post: MARA will buy 64% of EDF’s Exaion for $168 million. The deal moves MARA from Bitcoin mining into AI data centers. MARA will focus on running AI models instead of training them.
LDO’s 67% rally faces a reality check as euphoria peaks, risking a pullback if buyer fatigue sets in.
- 09:21The decentralized contract exchange Sun Wukong has expanded to Ethereum, BNB Chain, and Arbitrum.ChainCatcher news, the Chinese decentralized contract trading platform Sun Wukong held a community AMA event themed "Golden Cudgel Plan: Future and Vision," announcing several important developments. The team announced that the platform now fully supports multiple mainstream public chains such as Ethereum, BNB Chain, Arbitrum (ARB), and TRON, and has added multi-currency trading for USDC and USDD, officially entering the multi-chain era. At the same time, the trading depth of the Sun Wukong platform has been comprehensively improved, bringing users a more stable, faster, and better trading experience. With activities such as the "100 millions USD Together Plan" ongoing, the Sun Wukong global community user base has exceeded 20,000+, with both trading volume and activity reaching new highs. The team stated that in the future, they will adhere to the philosophy of "user first, real and transparent," continuously refining the product to help Chinese traders have better tools and opportunities in the decentralized world.
- 09:13Shanghai Launches Multiple Blockchain Innovation Applications Covering Finance, Shipping Trade, and Social GovernanceJinse Finance reported that Shanghai has released several blockchain innovative applications, with some highlights in areas such as shipping trade, finance, and social governance. In the field of shipping trade, the scenarios released this time can serve as an important part of international exchanges and the "Belt and Road" initiative. Weng Yicong, a member of the Party Leadership Group and Deputy Director of the Shanghai Municipal Data Bureau, emphasized that the Data Bureau is building a database for nurturing digital commerce enterprises. Through in-depth exploration and gradient cultivation, as well as strengthening multi-dimensional data usage support, scenario supply, and investment and financing services, the bureau aims to precisely support a group of benchmark enterprises. It is expected that more outstanding "digital innovation enterprises" will join the on-chain ecosystem and jointly create the "era dividend" of the digital economy.
- 09:07If Bitcoin surpasses $108,000, the cumulative short liquidation intensity on major CEXs will reach $409 million.ChainCatcher news, according to Coinglass data, if bitcoin rebounds and breaks through $108,000, the cumulative short liquidation intensity on major CEXs will reach 409 millions. Conversely, if bitcoin falls below $105,000, the cumulative short liquidation intensity on major CEXs will reach 752 millions. Note: The liquidation chart does not show the exact number of contracts to be liquidated or the precise value of contracts being liquidated. The bars on the liquidation chart actually represent the relative importance, or intensity, of each liquidation cluster compared to adjacent clusters. Therefore, the liquidation chart demonstrates the extent to which the underlying price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that once the price reaches that level, there will be a stronger reaction due to a wave of liquidity.