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APE Token to Expand to the Solana Blockchain and Undergo DeFi Integration

21 hours ago

On August 31st, the ApeCoin team officially declared the commencement of the R.A.I.D (Rapid ApeCoin Integration Deployment) strategy. The intention is to transform ApeCoin from a governance token into a "cultural token" and stimulate the growth of its ecosystem. The APE project initially intends to expand to the Solana blockchain and undergo DeFi integration.
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Cryptocurrency Funneled Through Self-Managed Pension Funds, Flowing into Australia's Roughly $2.8 Trillion Savings Pool

September 1st. As per ChainNews, Australia's retirement system with a value of AU $4.3 trillion (approximately US $2.8 trillion) — which has long been regarded as one of the most well-regulated savings pools globally — is emerging as a new territory for the adoption of cryptocurrency. Coinbase Global Inc. (COIN.US) and OKX have consecutively launched products targeted at cryptocurrency investment by pension funds, indicating that digital assets are further penetrating the mainstream financial system. The initial emphasis is on Self-Managed Superannuation Funds (SMSFs). These investor-managed funds already make up a quarter of Australia's retirement market. Unlike mainstream pension funds that generally steer clear of cryptocurrency assets, SMSFs grant individuals full investment autonomy. Fabian Bussoletti, the Technical Manager of the SMSF Association, stated: "There is a growing interest in cryptocurrency within the SMSF space, and that makes sense. Over time, larger funds may also

6 minutes ago

WLFI transferred 10 million USDC from Ethereum to Solana cross-chain and purchased 24,394 SOL

On September 1st, according to EmberCN's monitoring, the wallet address of the WLFI team transferred 10 million USDC from Ethereum to the Solana network 5 hours ago. Subsequently, 5 million USDC was used to purchase 24,394 SOL. This is likely in anticipation of providing liquidity for WLFI on the Solana network.

6 minutes ago

Cryptocurrency total market capitalization drops to $3.825 trillion, with a 24-hour decrease of 1.5%

On September 1st, with the continuous decline of the crypto market, the current total market capitalization of cryptocurrencies has dropped to $3.825 trillion, showing a 24-hour decrease of 1.5%. Bitcoin has fallen below $108,000, and its market capitalization is currently at $2.15 trillion. Ethereum has dropped below $4,400, and its market capitalization is currently at $528.22 billion. SOL has dropped below $200, and its market capitalization is currently at $107.815 billion.

6 minutes ago

Eric Trump: Does Not Rule Out Possibility of Running for President of the United States

On September 1st, Eric Trump, the son of former US President Donald Trump, was queried in an interview about whether he was contemplating running for president. He responded by stating that he did not exclude the possibility of running for the US presidency in the future but was not prepared to provide a definite answer at present. He said, "I have neither said no nor said yes." Currently, Eric Trump operates a cryptocurrency company and mentioned that he is currently relishing the trading world he is engaged in.

6 minutes ago

Crypto Fear & Greed Index Drops to 46, Market Enters "Fear" State

On September 1st, based on alternative data, today's Crypto Fear and Greed Index has decreased to 46 (yesterday it was 48), with a weekly average of 47. Market sentiment has entered a "Fear" state. Note: The Fear Index threshold ranges from 0 to 100 and includes indicators such as Volatility (25%) + Market Trading Volume (25%) + Social Media Hype (15%) + Market Surveys (15%) + Bitcoin's Share of the Overall Market (10%) + Google Trends Analysis (10%).

6 minutes ago

Bitcoin Drops Below $108,000

On September 1st, based on HTX market data, Bitcoin fell below $108,000, experiencing a 0.78% decrease in the past 24 hours.

6 minutes ago