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The amendment to the "Enforcement Decree of the Special Act on Fostering Venture Businesses," passed by South Korea's Ministry of SMEs and Startups and the Cabinet on September 9, removes "blockchain/virtual asset (cryptocurrency) trading and brokerage" from the list of "restricted/prohibited investment" industries. The amendment will officially take effect on September 16.
In Brief HBAR's surge is projected with ETF listings on the DTCC platform. The token has breached key resistance levels, suggesting a bullish trend. Institutional interest in HBAR signals strong growth potential.
In Brief Altcoin interest grows due to potential Federal Reserve interest rate cuts. Bitcoin experiences reduced dominance, spotlighting altcoins' stronger appeal. Prospective regulatory approval may enhance ETF market presence, aiding altcoin adoption.
- 03:02Bagwork surged to 0.035 USDT, with a 12-hour increase of 1066%According to ChainCatcher, GMGN market data shows that Bagwork surged to 0.035 USDT, with a 12-hour increase of 1066%, and is now quoted at 0.032 USDT. ChainCatcher reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
- 01:59A certain whale has taken a 5x leveraged long position on PUMP and is currently sitting on an unrealized profit of $7.8 million.According to Jinse Finance, OnchainLens monitoring shows that as PUMP reaches a new high, a whale holding a 5x leveraged long position in PUMP is now enjoying an unrealized profit of $7.8 million. This trader also holds multiple long positions in BTC, FARTCOIN, SOL, PEPE, and others, with total profits exceeding $36 million.
- 01:40Pump.fun Co-Founder: Pump.fun's average concurrent live streams have surpassed RumbleAccording to ChainCatcher, Pump fun co-founder alon tweeted that in terms of average concurrent live streaming numbers, Pump.fun has already surpassed Rumble. Currently, its market share is about 1% of Twitch and about 10% of Kick. Pump.fun is capturing their market share and will continue to do so.