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SOL may rally to a new ATH if $117 support holds and RSI rebounds from the key 40 level. A breakdown below $117 could trigger a slow bleed toward lower support zones in 2025. RSI at 40 suggests room for upside, but bearish divergence warns of fading bullish strength.
Bitcoin fails to deliver this quarter as gold outperforms and US trade tariffs keep BTC price upside firmly off the menu as crypto traders brace for impact.
Solana, RENDER, and Jupiter are emerging as top U.S.-based crypto contenders, showcasing real-world utility despite price pressure.
Pi Network struggles as outflows intensify and market conditions worsen, pushing the coin toward a new all-time low despite brief capital inflows.
Stablecoin regulation faces challenges similar to those of money market funds, undergoing setbacks but ultimately integrating into the financial system
- 05:52Peter Schiff: A September Rate Cut Is Not a Foregone Conclusion, Inflation May Exceed ExpectationsEconomist and cryptocurrency critic Peter Schiff stated: "A rate cut in September is not a certainty, as the inflation data to be released before the next Federal Reserve meeting may come in higher than expected. The market is rising on expectations of a rate cut, but this actually reduces the likelihood of a cut. Stronger inflationary pressures will outweigh the impact of slowing job growth."
- 05:52US SEC Updates Accounting Guidelines for Dollar Stablecoins, Some Stablecoins May Be Classified as "Cash Equivalents"According to ChainCatcher, the U.S. Securities and Exchange Commission (SEC) has updated its staff guidance on accounting rules for stablecoins. The core of the new guidance states that if a U.S. dollar-pegged stablecoin has a guaranteed redemption mechanism and its value stability is linked to another class of assets, it may be classified as a "cash equivalent." While the SEC is formulating broader cryptocurrency regulatory rules, this latest interim guidance is part of Chairman Paul Atkins' efforts to lift restrictive measures. For example, in April of this year, the SEC clarified that "covered" U.S. dollar stablecoins are not considered securities and confirmed that entities engaged in the issuance and redemption of such stablecoins do not need to register these activities with the agency.
- 05:46Animoca Brands Co-Founder: Plans to Repurchase TOWER Tokens on the Open MarketAccording to Jinse Finance, Yat Siu, co-founder and executive chairman of Animoca Brands, announced on the X platform: "We are making a public commitment to support the Tower ecosystem, with the first initiatives including the launch of a token buyback. The Web3 gaming sector is vibrant and crucial to the development of on-chain economies. As stated in our announcement regarding CTA earlier this year, we will purchase TOWER tokens on the open market."