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Meteora TGE Sparks Hype But Raises Allocation Concerns
Meteora TGE Sparks Hype But Raises Allocation Concerns

Meteora’s October MET TGE could mark a breakthrough for Solana DeFi, but risks from concentrated allocations and post-airdrop sell pressure loom large.

BeInCrypto·2025/09/10 20:33
China’s Hip-hop Base Begins DAT: Invests $33M in Bitcoin
China’s Hip-hop Base Begins DAT: Invests $33M in Bitcoin

China-based Pop Culture Group invests $33 million in Bitcoin, introduces crypto payments, and develops entertainment IP, reflecting integration of digital assets into treasury and cultural operations.

BeInCrypto·2025/09/10 19:45
Flash
  • 09:29
    MegaETH token sale oversubscribed by 8.9 times, with subscription amount exceeding $450 million
    According to ChainCatcher, MegaETH's token sale was oversubscribed by 8.9 times, with subscription amounts exceeding $450 million.
  • 09:19
    The first Solana staking ETF, BSOL, will offer physical subscription and redemption functions.
    Jinse Finance reported that on October 28, Bitwise will launch the first 100% Solana staking ETF to be listed on the New York Stock Exchange, with the stock code BSOL. Bitwise plans to stake 100% of the SOL holdings of the Bitwise Onchain Solutions Staking BSOL Fund, supported by Solana staking technology provider Helius, with a staking yield of 7.34% and a management fee of 0.20%. For the first three months, the management fee for the first 1 billion USD in assets will be 0%. In addition, the Bitwise Solana Staking ETF will offer physical subscription and redemption functions.
  • 09:19
    Matrixport: Bitcoin is still in a range-bound state
    Jinse Finance reported that Matrixport stated Bitcoin remains in a range-bound consolidation; in contrast, the US stock market has repeatedly reached new historical highs driven by the AI boom. There are certain similarities to the rhythm seen last year: after a prolonged period of low volatility consolidation, prices experienced a relatively rapid upward movement within about three weeks (historical review, not indicative of the future). The current narrow fluctuations place higher demands on traders' patience. The short-term outlook is mainly wait-and-see, while the mid-term pattern remains unchanged. If the Federal Reserve maintains a dovish stance and continues to cut interest rates, the market will mostly be waiting for clearer external driving signals. Historically, similar rhythms have often been observed: after a long period of consolidation, volatility tends to be released intensively within a short period.
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