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dYdX Labs has released its August product roadmap update, outlining upcoming technical improvements, product launches, and longer-term initiatives for the decentralized trading protocol. The update also confirmed that the company has rebranded from dYdX Trading to dYdX Labs, marking a structural shift toward onchain development and experimentation. Product Roadmap Overview According to the update, dYdX … <a href="https://beincrypto.com/dydx-labs-august-roadmap-update-rebrand/">Continued</a>
deBridge, a leading cross-chain infrastructure provider behind the deBridge liquidity transport protocol announced today full compatibility with the TRON network. This integration unlocks new liquidity pathways and expands stablecoin flow activity on TRON’s expansive ecosystem of decentralized finance and payments, allowing users to move assets between TRON and any supported chain instantly. This technical milestone … <a href="https://beincrypto.com/debridge-completes-full-integration-tron-network/
- 06:17USD/JPY drops sharply, falls to 147ChainCatcher news, according to Golden Ten Data, USD/JPY fell 15 points in the short term, dropping to 147, with an intraday decline of 0.29%.
- 05:17Analysis: Within the current price range, BitMine still needs to invest approximately $19 billion more to reach the "5% Ethereum supply" target.ChainCatcher reported that BitMine currently holds over 1.7 million ETH. To reach its reserve target of 5% of the Ethereum supply, it would need to purchase an additional 4.3 million ETH. At the current price ($4,534), this transaction would cost approximately $19.5 billions. If the ETH price approaches $4,200, the cost would drop to about $18.2 billions. The estimated daily trading volume of ETH is between $30 billions and $50 billions. Analysis points out that, compared to Michael Saylor, who often made large purchases of $500 million to $1 billion and could instantly push the bitcoin price up by more than 2% each time, Tom Lee is obviously more sophisticated. However, this also means that after ETH's low at 4060, there is a high probability that there will be an "invisible floor" in the $4,200 to $4,400 range.
- 05:07A certain whale increased their long positions in Ethereum, with holdings valued at nearly $400 million and a liquidation price of $4,342.8.According to ChainCatcher, monitored by Lookonchain, whale 0xa523 continues to increase its 15x long position in ETH. The current total position has reached 86,845 ETH ($397.7 million), with a liquidation price of $4,342.8.