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SUI and AVAX lead the altcoin race, but MAGACOIN FINANCE is gaining strong momentum, making investors rethink the next big move in crypto.
Share link:In this post: Goldman Sachs is buying a $1 billion, 3.5% stake in T. Rowe Price to push private assets into retirement accounts. The partnership will launch target-date funds, co-branded portfolios, and advice services by mid-2025. Citigroup also announced a deal giving BlackRock $80 billion in client assets to manage starting in Q4.
Share link:In this post: Kevin Hassett accused the Fed of losing independence and overstepping its mandate. He slammed the job data system as broken and called for urgent modernization. Kevin backed a full review of the Fed’s roles in policy, regulation, and research.
- 01:52South Korean banks and government to launch pilot program for distributing treasury subsidies via digital currencyForesight News reported, citing Yonhap News Agency, that the six major banks (KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, and IBK) have expressed their intention to actively consider participating in tests related to treasury subsidies to the Bank of Korea. Since late August, the Bank of Korea's Digital Currency Office has been contacting the virtual asset managers of each bank by phone to inquire about their willingness to participate. The upcoming tests will focus on examining whether the government can distribute digital currency to subsidy recipients and use the current treasury payment subsidies or government-guaranteed vouchers (government-backed coupons).
- 01:52El Salvador President: Purchased 21 Bitcoins to Celebrate Bitcoin DayForesight News reported that El Salvador President Nayib Bukele tweeted that he has added 21 more bitcoin to celebrate Bitcoin Day. El Salvador's official bitcoin holdings now reach 6,313.18 BTC, valued at approximately $701 million. According to Foresight News, El Salvador became the first country to adopt bitcoin as legal tender on September 7, 2021.
- 01:42Data: Bitcoin mining difficulty hits a new high of approximately 136T, putting pressure on miners' earningsChainCatcher news, according to a report by BeInCrypto citing Mempool/Hashrate Index data, on September 7 (UTC), Bitcoin completed a difficulty adjustment at block 913,248, rising to approximately 136.0T, up 4% from the previous value, marking the fifth consecutive increase since June. During the same period, the miner Hashprice indicator dropped to around $51 (a recent low), with the August average at $56.44, down about 5% month-on-month; transaction fee contributions remained weak, with the average fee per block at about 0.025 BTC. Multiple factors have combined to tighten miners' profit margins, and future profitability will depend on a rebound in BTC price or on-chain fee rates.