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In Brief XRP demonstrates similarities to its legendary 2017 surge. Solana gains from increased institutional investment interest. Possible spot ETF approvals could enhance XRP and Solana prospects.
In Brief Arbitrum's Timeboost collected $2 million in fees within three months. Users bid for transaction priority, enhancing efficiency and reducing congestion. The mechanism strengthens Arbitrum DAO's treasury and supports decentralization.
In Brief JPMorgan predicts a stablecoin market worth 500 billion dollars by 2028. Contrastingly, Standard Chartered sees potential for 2 trillion dollars if regulations pass. Regulations remain crucial in determining stablecoin market growth trajectories.
In Brief Bitcoin tests $110,000 resistance with potential volatility ahead. The $100,000 threshold is crucial for supporting a bullish market. Altcoin market shows latent strength despite liquidity challenges.
In Brief XRP may surge after closing above $2.32. Dogecoin holds potential for a 50% increase if maintaining $0.16. Cardano requires $0.67 to trigger a 25–35% rise.
- 15:17U.S. consumer confidence dips slightly due to concerns over employment and incomeJinse Finance reported that the U.S. Consumer Confidence Index saw a slight decline in August, as public concerns over employment prospects intensified. Data released on Tuesday showed that the U.S. Conference Board Consumer Confidence Index fell to 97.4 in August. The sub-index measuring expectations for the next six months declined in August, while the current situation index dropped to its lowest level since April. Consumer confidence remains well below pre-pandemic levels, and the recent slowdown in the labor market has heightened economic concerns triggered by Trump’s tariff policies. Job growth and wage increases have slowed significantly, and it is becoming increasingly difficult for the unemployed to find new jobs. The proportion of consumers who believe “jobs are hard to get” rose for the second consecutive month, reaching its highest level since 2021; the proportion who believe “jobs are plentiful” remained basically unchanged. The difference between these two indicators—an important measure of the labor market used by economists—narrowed slightly, continuing the steady downward trend of the past three years.
- 14:38MetaMask launches social login feature to simplify wallet managementChainCatcher News, on August 26, according to official sources, MetaMask announced the launch of a social login feature, allowing users to quickly create, back up, and recover non-custodial crypto wallets via Google or Apple accounts. This feature generates a 12-word mnemonic phrase in the background, eliminating the need for manual recording and simplifying the traditional wallet management process. Users only need two steps: log in with a social account and set a security password. MetaMask reminds users that password security is crucial; if lost, the wallet cannot be recovered.
- 14:13Aptos ecosystem super app and execution layer Panora completes new funding round, led by Frictionless CapitalChainCatcher News, according to market sources, Panora, the super app and execution layer within the Aptos ecosystem, has recently completed a new round of financing. This round was led by Frictionless Capital, with participation from Aptos Labs co-founder and CEO Avery Ching, as well as Head of Developer Relations and early engineer Greg Nazario. Panora is committed to providing efficient and reliable trading infrastructure for the Aptos ecosystem, covering functions such as DEX aggregation, cross-chain bridging, limit orders, DCA strategies, and developer tools, offering a superior experience for both developers and traders. Aptos will continue to work closely with Panora, supporting its technological development and jointly promoting further improvements in performance and scale within the Aptos ecosystem.