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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.
Share link:In this post: Old Const says Bitmain faked breaches to end their deal and seize mining equipment. The company wants a court order stating that disputes must stay in Texas based on the agreement. Old Const is seeking an injunction, damages, and legal fees from Bitmain.
Share link:In this post: El Salvador’s central bank bought 13,999 troy ounces of gold worth $50 million. The bank says gold will diversify reserves and provide stability, especially as Bitcoin holdings remain volatile. The move follows the global trend of central banks buying over 1,000 tonnes of gold collectively.
The entire Web3 industry is full of outsider assumptions about the social sector.
- 01:11Ethena Labs joins the competition for the issuance rights of Hyperliquid's USDH stablecoinJinse Finance reported that Ethena Labs, the issuer of USDe, the third largest US dollar stablecoin, has hinted at joining the competition for the issuance rights of USDH, the stablecoin under Hyperliquid. Ethena Labs posted this morning, stating, "Dear Jeff (Hyperliquid co-founder), I wrote to you, but you still haven't called back. I submitted two USDH proposals last fall, which you definitely didn't receive. Maybe there was an issue with Discord or something else—sometimes when I write deployment addresses, my handwriting is too messy." On September 5, it was announced that Hyperliquid will release the USDH token symbol for stablecoin issuance, requiring institutions to submit proposals by September 10 (Wednesday), with voting to take place on September 14 (Sunday).
- 01:07Nasdaq Plans to Tighten Regulation on Crypto Treasury Companies: New Stock Issuance for Crypto Purchases May Require Shareholder ApprovalAccording to ChainCatcher, citing Crowdfund Insider, Nasdaq plans to strengthen its regulation of listed companies that purchase crypto assets through additional stock issuance to boost their share prices. In the future, some companies will be required to obtain shareholder approval before raising funds to buy crypto. As the US SEC's direct intervention in such transactions weakens, exchanges are acting as "gatekeepers" through their own listing rules, demanding increased transparency and accountability to prevent volatility and shareholder dilution risks caused by large crypto holdings.
- 01:07Market News: Member companies of the Hong Kong Digital Asset Listed Companies Association are gradually launching coin accumulation plans.According to a report by Jinse Finance, as disclosed by Tencent's "Qianwang," many member units of the Hong Kong Digital Asset Listed Companies Association have successively launched coin-hoarding plans. Public data shows that the association has a total of 49 member units, including 9 US-listed companies, 2 Shenzhen ChiNext-listed companies, and the rest are Hong Kong-listed companies. The total market capitalization of these member units is approximately $20 billion, but Tencent News "Qianwang" has not yet learned the specific coin-hoarding plans of these companies. In addition, according to data provided by Zhang Huachen, President of the Hong Kong Digital Asset Listed Companies Association, among Hong Kong-listed companies, if only the market value of digital assets held and the market value of digital assets involved in compliant license applications and operations are counted, the total does not exceed $2 billion.