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- Canary Capital submitted a revised Solana ETF application, partnering with Marinade Finance for staking and yield generation to address regulatory scrutiny. - The hybrid ETF model combines traditional asset management with blockchain innovation, enhancing liquidity and transparency for institutional investors. - SEC approval could unlock $4–8 billion in inflows, signaling crypto's shift from speculative trading to structured institutional investment. - Canary's custody strategy and daily NAV disclosures
- Tron slashed network fees by 60% on August 29, 2025, reducing energy unit costs to 100 sun to boost adoption and counter rivals like Ethereum and Solana. - The move, approved by 17/27 Super Representatives, aims to cut user costs and drive mass adoption in emerging markets, with daily active addresses projected to exceed 3.5 million. - While short-term inflation risks exist due to reduced token burning, historical data shows fee cuts previously spurred 50% energy cost drops and smart contract growth. - T
- XRP gains strategic utility as cross-border payment tool under U.S. CLARITY Act and EU MiCA regulations, now used by 100+ institutions. - Quid Miner's AI-driven cloud mining platform automates XRP/BTC/SOL mining, eliminating hardware costs and democratizing access to crypto income. - Platform's renewable energy-powered operations align with ESG principles, addressing sustainability concerns while complying with emerging ETF tokenization frameworks. - Real-time resource optimization across multiple crypto
- Ethereum (ETH) fell 2.13% in 24 hours on Aug 30, 2025, after a 38.69% weekly drop but remains up 1,786.89% monthly and 3,060.33% yearly. - Technical analysts highlight ETH's consolidation phase, with oversold RSI/MACD indicators suggesting potential short-term rebounds but critical 200-day support at risk. - Historical backtests of ≥10% daily ETH drops (2022-2025) reveal mixed post-drawdown outcomes, emphasizing market uncertainty amid key resistance/support level tests.
- Arrington XRP Capital's acquisition of an unnamed entity has sparked debate among XRP holders about portfolio diversification and market strategy shifts. - Ethereum's proof-of-stake transition and institutional adoption are driving its market growth, challenging XRP's position in the crypto ecosystem. - Regulatory uncertainty and scalability challenges persist for both Ethereum and XRP, complicating long-term adoption and investment decisions. - The acquisition highlights industry trends toward portfolio
- U.S. core PCE inflation is projected to peak at 2.9% in July 2025, driven by supply chain strains, rising service-sector costs, and wage inflation. - The Federal Reserve signals potential rate hikes in Q3 2025 but remains cautious to avoid over-tightening amid persistent demand and geopolitical energy shocks. - Services-driven inflation complicates policy responses, with wage growth and structural economic shifts sustaining pressure despite goods-sector moderation. - Emerging markets face heightened fina
- 23:40ZachXBT: Aqua suspected of rug pull involving approximately $4.65 millionJinse Finance reported that ZachXBT posted on his personal channel stating that the Solana project Aqua is suspected of a rug pull, involving 21,770 SOL (approximately $4.65 million). Previously, the project had been promoted by Meteora, Quill Audits, Helius, SYMMIO, Dialect, and several KOLs. A few hours ago, the related funds were split into four parts, first transferred to intermediary addresses, and then flowed into multiple exchanges. Currently, the team has disabled comments on all posts on X (Twitter).
- 23:40The Trump administration plans to release a report criticizing the Bureau of Labor Statistics in the near future.Jinse Finance reported that, according to sources, five weeks after President Trump dismissed the head of the U.S. Bureau of Labor Statistics, his advisers are preparing a report outlining the flaws in the Bureau's employment data. The report takes a critical look at the Bureau of Labor Statistics and provides an overview of the history of revisions to the agency's employment data. The Trump administration is considering releasing this research report, written by the Council of Economic Advisers, in the coming weeks. The U.S. Bureau of Labor Statistics will release the annual non-farm benchmark revision data tonight (the 9th). (Golden Ten Data)
- 23:40US Democratic lawmakers demand Milan resign from White House advisor positionJinse Finance reported that Democratic members of the U.S. Senate Banking Committee have demanded that, before the Republican-controlled Senate Banking Committee takes further steps to advance Milan’s nomination, he must commit to resigning from his position as White House Chief Economic Advisor by September 8. At last week’s nomination confirmation hearing, Milan stated that he only needed to take unpaid leave from the White House Council of Economic Advisers, as his Federal Reserve position would only last until the end of January next year. Democratic senators pointed out that Milan’s term could be longer, depending on how long it takes to confirm his successor, and that Milan’s dual role as a Federal Reserve governor and Trump advisor creates a potential conflict. In a letter to Milan, Democratic lawmakers stated: “The claim that you can exercise independent judgment on monetary policy and financial regulation is absurd. Without such a commitment, we believe the committee should not advance your nomination.” (Golden Ten Data)