21Shares Submits Application to SEC to Launch SEI Spot ETF

On August 29th, Binance made an announcement stating that the issue that was affecting futures trading has been addressed. All trading has now resumed in its entirety. Based on community statistics, the duration of the downtime for futures trading this time was approximately 21 minutes. Binance has not yet provided the reason for the downtime.

August 29th. Matrixport presented the September market outlook, indicating that Bitcoin is currently in a stage where technical and macro factors are intermingled. The rare decline in August and the typically poor seasonal performance in September. This month will witness key events such as non-farm payroll data, CPI, and the Fed's interest rate meeting, which further increase uncertainty. Even if the Fed decides to cut interest rates, the market may not necessarily witness the expected rebound. Currently, Bitcoin is fluctuating in a crucial range at the boundary between the bullish and bearish sides, and most investors are choosing to wait and see. The key issue to be addressed next is whether this round of volatility is merely a period of consolidation or a precursor to a trend reversal. Bitcoin's consolidation phase is expected to continue for another 2-3 weeks until new catalytic factors drive price movements. Since August, Bitcoin has dropped by 3.9%, which is significantly lower

On August 29th, the CryptoQuant analyst Crypto Dan stated that the cryptocurrency market cycle is decelerating and is expected to have an uptrend in the fall of 2025. When looking at the proportion of Bitcoin held for more than one year (based on realized cap), in the past cycles (first stage and second stage), the market experienced a significant surge and reached its peak. However, in the current stage (third stage), the slope of the uptrend is gradually becoming gentle and the cycle is also getting longer.

August 29th. The Four.meme platform rolled out an update to its points program to ensure more equitable and motivating point acquisition. The rules were optimized as follows: Buy and Hold - At the launch on PancakeSwap, only the top 20 holders were eligible to claim points (with a limit of 1 claim per day). Liquidity Pool - The daily trading volume threshold was increased from $100 to $250. Point Creation - Daily creation rewards were eliminated.

On August 29th, as per on-chain analyst @mlmabc, the renowned trader TechnoRevenant is maintaining a significant long position in XPL with low leverage on Hyperliquid. Currently, he holds 28,295,963 long contracts of XPL (approximately $31.1 million), which accounts for 35.5% of Hyperliquid's total open interest ($87.5 million). In addition, he also has $26.534 million of idle funds in USDC on Hyperliquid. It is worth noting that all these positions are leveraged at less than 1x, and he is gradually conducting a TWAP operation instead of making purchases in the market, thereby minimizing the impact on the short-term market.

August 29th: Based on the information on the official website, Binance Futures might have had a downtime, and the trading data could not be updated in real-time. The official information shows that the futures transfer service has been temporarily suspended. As of the time of this writing, Binance has not yet issued an official response.