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After a two-week downtrend, Stellar (XLM) shows signs of recovery with increased inflows. A break above $0.424 could drive the altcoin toward new highs.
Share link:In this post: Europe’s utilities want to reimagine aging coal plants to power high-demand from data centers. Microsoft and Amazon seek faster access to power and cooling infrastructure. Utilities are tapping into AI boom to fund renewable expansion and new revenue streams.
Share link:In this post: Mantle gained prominence for its significant ETH treasury, acquired during previous market cycles before the project rebranded from BitDAO. MNT tokens rallied by over 20% to trade at $0.88 as the L2 platform saw significant activity growth in July. Mantle is gaining traction after years of low activity, with an inflow of stablecoins and emerging DeFi apps.
The SEC has issued a non-binding statement clarifying that liquid staking tokens are not securities, helping crypto firms with regulatory compliance, but exceptions remain.
In the short term, there may be limited legislative catalysts to support the valuation increase of crypto assets, but the outlook for the crypto space remains optimistic over the coming months.
As the Tornado Cash trial nears its conclusion, SEC Commissioner Hester Peirce defends crypto privacy, challenging federal regulators' stance on privacy tools like crypto mixers.
EUR/USD trimmed losses after weak US jobs data and aggressive Trump tariffs raised expectations of a Fed rate cut in September.
- 12:23Bitget has launched USDT-margined SKY and OPEN perpetual contracts, and simultaneously listed 5 stock-related contracts.According to ChainCatcher, Bitget has announced in an official statement that it has launched USDT-margined perpetual contracts for SKY and OPEN, with maximum leverage of 75x and 20x respectively. Contract trading BOTs will also be available simultaneously. In addition, Bitget has launched stock-related contracts for projects such as PLTR, SLV, APP, ORCL, and GE, with leverage ranging from 1x to 10x. Users can trade through the official website or the Bitget APP.
- 12:14New White House Cryptocurrency Advisor: Establishing a U.S. Federal Cryptocurrency Reserve Is One of the Top PrioritiesJinse Finance reported that Patrick Witt, the new White House cryptocurrency advisor succeeding Bo Hines, stated that he will urge lawmakers to complete a comprehensive review of U.S. cryptocurrency policy and promote regulatory agencies to implement new stablecoin legislation. Currently, the three main priorities are the Senate's market structure legislative efforts, the rapid implementation of stablecoin legislation (namely the "Guiding and Empowering the Nation to Innovate United States Stablecoins Act" (GENIUS)), and the establishment of a U.S. federal cryptocurrency reserve.
- 12:13CFTC Acting Chairman: Considering Bringing Compliant Overseas Crypto Trading Platforms Under U.S. Cross-Border RegulationBlockBeats News, on September 9, FOX Business reporter Eleanor Terrett stated that Caroline D. Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), said in a recent speech that the agency is studying whether it can recognize overseas cryptocurrency trading platforms that follow sound, crypto-specific regulations (such as the EU's MiCA framework) under the U.S. cross-border regulatory framework. This statement comes shortly after the CFTC recently reaffirmed its long-standing Foreign Board of Trade (FBOTs) framework. This framework allows certain non-U.S. cryptocurrency trading platforms already regulated by foreign regulatory authorities to provide direct trading access to U.S. traders by registering with the CFTC as FBOTs, rather than as Designated Contract Markets (DCM).