Crypto news today
Solana Foundation: Stablecoin Remittance Fees Fall from 6.49% to Near Zero
Why it matters: Stablecoins are vying for the hundreds-of-billions-dollar remittance market, boosting demand for networks like Solana and Stellar.
Bitcoin Breaks $78,000, Up 1.15% on the Day
Why it matters: The return above $78,000 strengthens hopes for a break of $80,000 ahead of the Fed's rate decision.
KEEP Network Jumps 12.55% in an Hour to $0.025
Why it matters: A rally on thin volume may prove unsustainable; traders are watching the $0.025 resistance and $0.020 support.
Bitcoin Nearly 365 Days Without a New All-Time High
Why it matters: Shortening cycles offer hope for a faster new high, but the conclusion rests on only three past cycles.
Western Union and MoneyGram Bet on Stablecoin Transfers
Why it matters: Major remittance players are moving their infrastructure to stablecoins, accelerating mass adoption in emerging markets.
BNK Investment & Securities and EverTreasury Agree to Tokenize Cultural Content
Why it matters: Korean brokers are preparing infrastructure for the launch of tokenized securities in 2027, which will expand the digital asset market.
Saudi Oil Crisis Weighs on Bitcoin Ahead of Fed Decision
Why it matters: Rising oil prices increase inflationary pressure and raise the odds of a hawkish Fed, weighing on bitcoin and risk assets.
Analyst: Ethereum Could Reach $3,000 on a Weekly Close Above $2,550
Why it matters: A break above $2,550 could open the way to $3,000, but the outcome depends on the Fed meeting on September 15-16 and the CLARITY Act vote.
Strive hits $3B market cap while holding 24,531 BTC
Why it matters: Strive aims for second place among public BTC holders by year-end, ramping up purchases through the high-yield SATA instrument.
BNB Chain overtakes Solana in DeFi TVL, gap under $50M
Why it matters: The $48 million gap could flip the leader on a single large deposit or a move in BNB and SOL prices.
Traders bet on Bitcoin drop before FOMC, whales buy BTC
Why it matters: The buildup of short positions before the FOMC creates the risk of a sharp Bitcoin rebound if current levels hold.
Gate launches CATE perpetual futures with up to 20x leverage
Why it matters: A derivatives listing on a smaller exchange expands speculative options for CATE but carries no significant market impact.
LIT jumps 10.17% in an hour to $0.248, up 116% in a day
Why it matters: Growth on low volume may be unsustainable: without liquidity inflows, a correction toward $0.225 support is likely.
Solana prepares v1 transaction format with 4,096-byte limit
Why it matters: A larger transaction size removes some constraints for complex Solana applications but does not automatically create demand for SOL.
Prediction market volume rises to $14.1B at start of NFL season
Why it matters: Rising prediction market volumes show growing demand for event-based bets, including the Fed outcome, which shapes rate expectations.
Cumberland withdraws 16.55M PONS worth $9.37M from Gate in 10 days
Why it matters: A major market maker is building a PONS position, which may signal preparation for market making or a bet on a token rebound.
XRP falls below $1.40 after triangle breakdown
Why it matters: The triangle breakdown and whale outflow increase the risk of a further decline in XRP toward $1.17 if $1.31 fails to hold.
Trader earns $327K on memecoin STONK after buying at $1M market cap
Why it matters: The case highlights the high volatility and risks of Solana memecoins, as well as competition between launchpads Stonkfun and Pump.fun.
UK House of Lords forces Treasury to develop crypto strategy
Why it matters: The UK could accelerate crypto regulation to avoid falling behind the EU's MiCA and the US CLARITY Act.
Bitcoin Asia to return to Hong Kong on August 27–28, 2027
Why it matters: It confirms Hong Kong's status as a key hub for the bitcoin industry in Asia.