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- Google Cloud launches GCUL, a Layer-1 blockchain offering "credibly neutral" infrastructure for financial institutions to enable asset tokenization and wholesale payments. - Pilot with CME Group demonstrates GCUL's potential for 24/7 trading environments, with broader trials planned before 2026 launch. - GCUL differentiates via Python-based smart contracts, lowering entry barriers for institutions already using Python in finance and data science. - Permissioned design with KYC-compliant accounts ensures
- MAGACOIN FINANCE's Ethereum-based presale nears completion as rapid sellouts highlight growing altcoin demand. - Project benefits from Ethereum's $2B staking unlock timing and Solana's supply consolidation, shifting liquidity to smaller-cap tokens. - Scarcity-driven tokenomics and strategic market positioning create urgency, aligning with broader crypto and financial narratives. - Upcoming Fed rate decisions and Ethereum's liquidity shift amplify MAGACOIN FINANCE's potential as a high-growth altcoin cand
- Blockchain-driven ESG tokenization is transforming capital markets by converting emission reduction assets into tradable digital tokens, with Blubird and Arx Veritas tokenizing $32B to prevent 400M tons of CO₂ emissions. - Platforms like Blubird’s Redbelly Network democratize ESG investing by fractionalizing illiquid environmental infrastructure, enabling real-time emissions tracking and automated compliance reporting via blockchain’s programmability. - Institutional demand is accelerating, with $500M+ i
- SPX6900 (SPX), a Solana-based meme coin, faces a 40% price drop and $41M daily volume decline in August 2025 amid bearish momentum. - Technical indicators show mixed signals: RSI/MACD suggest buyer interest, but price remains below 50-day EMA and within a rising wedge pattern. - Social media sentiment remains strong due to multi-chain interoperability, but on-chain metrics reveal hoarding by long-term holders and a 37% market cap drop. - Whale activity highlights fragility: $3.73M withdrawal from Bybit a
- TRON slashes network fees by 60% on August 29, 2025, aiming to boost accessibility and attract emerging market users by reducing energy unit prices. - Founder Justin Sun supports the move as a strategic trade-off, prioritizing long-term growth over short-term revenue from stablecoin transactions and user adoption. - Market reactions show initial TRX price dips and bearish momentum, but analysts highlight potential for increased transaction volumes and token burns to drive future value. - While fees remai
- 20:17All three major U.S. stock indexes closed lower, but each has risen for at least four consecutive months.According to Jinse Finance, all three major U.S. stock indexes closed lower. The Nasdaq fell 1.15%, down 0.19% for the week, but up 1.58% in August; the S&P 500 Index dropped 0.64%, down 0.1% for the week, and up 1.19% in August; the Dow Jones fell 0.2%, down 0.19% for the week, and up 3.2% in August. Among them, the S&P 500 Index and Dow Jones have risen for four consecutive months, while the Nasdaq has risen for five consecutive months. Most large technology stocks declined: Tesla, Nvidia, and AMD fell more than 3%, Intel dropped more than 2%, Amazon, Meta, and Netflix fell more than 1%, while Microsoft and Apple saw slight declines; Google edged up slightly.
- 20:04The US Dollar Index fell by 0.04% on the 29th.Jinse Finance reported that the US Dollar Index fell by 0.04% on the 29th, closing at 97.771 in the foreign exchange market.
- 20:03Trump Cabinet Warns Court: Ruling Tariffs Illegal Could Trigger Diplomatic CrisisJinse Finance reported, citing foreign media, that on Friday, Trump administration officials told the Federal Circuit Court of Appeals that ruling Trump's global tariffs illegal would severely damage U.S. foreign policy. Treasury Secretary Bessent warned that this would bring "dangerous diplomatic embarrassment." The White House submitted statements from Bessent, Commerce Secretary Lutnick, and Secretary of State Rubio to the Federal Circuit Court of Appeals in Washington. The court is expected to soon rule on whether Trump exceeded his authority to impose tariffs under the 1977 Emergency Powers Act. During oral arguments on July 31, judges expressed skepticism about the government's claim of broad tariff powers, suggesting they might support the challenge brought by a group of small businesses and a coalition of Democratic-led states. Several cabinet ministers stated that if the tariffs are ruled invalid, it would overturn the results achieved after months of negotiations with countries such as the EU, Japan, and South Korea. "Suspending the effectiveness of the tariffs would expose the United States to the risk of retaliation from other countries, as they would believe the U.S. lacks the ability to respond quickly to retaliation," Bessent said.