- Popular CEX Cryptocurrencies
CEX Trading Volume Top 10 and 24-Hour Price Change:
- BTC: + 0.09%
- ETH: - 1.80%
- SOL: - 2.90%
- XRP: - 1.14%
- DOGE: - 3.52%
- BNB: - 0.81%
- ADA: +2.86%
- SOMI: - 8.86%
- PUMP: + 7.73%
- SUI: - 4.81%
24-Hour Price Increase Rankings (Data Source: OKX):
- MERL: + 13.31%
- BADGER: + 10.92%
- PUMP: + 8.40%
- SONIC: + 7.54%
- KMNO: + 3.93%
- WLFI: + 3.25%
- CFX: + 2.72%
- NMR: + 2.33%
- ZBCN: + 1.89%
- LOOKS: + 1.82%
- Top 5 On-Chain Meme Tokens (Data Source: GMGN):
- $LILPEPE
- StrSzn
- KIND
- Bagwork
- VLR
- 24-Hour Hot Search Cryptocurrencies
- ZKC: Last night TGE, listed on major mainstream centralized exchanges.
Headlines
Paypal Integrates Cryptocurrency into New P2P Payment Process, Supporting BTC, ETH, and PYUSD
According to market news, Paypal announced the integration of cryptocurrency into its new P2P payment process, supporting Bitcoin, Ethereum, and PYUSD.
Forward Industries Spends $1.58 Billion to Acquire Over 6.82 Million SOL
Forward Industries announced the acquisition of 6,822,000 Solana (SOL) at an average price of $232 per coin, totaling approximately $1.58 billion. This transaction marks the first deployment of the company's $1.65 billion PIPE financing, led by Galaxy Digital, Jump Crypto, and Multicoin Capital. All SOL purchased by Forward Industries have been staked, with some transactions completed through the Solana on-chain platform DFlow. The company plans to enhance the per-share value of SOL through active management and on-chain operations. (Business Wire)
MetaMask: Stablecoin mUSD Officially Launched
MetaMask announced the official launch of its stablecoin MetaMask USD (mUSD). Users can make low-cost fiat deposits through MetaMask, and mUSD is now supported for MetaMask Swap and Bridge transactions, as well as for spending at over 150 million merchants worldwide via the MetaMask Card.
According to official news, OKX Wallet will officially launch the Boost - X Launch Phase 2 event on September 17, 2025, featuring the project Lombard (BARD) with a total prize pool of 2,600,000 BARD. Eligible users can register to participate after the event starts, and the participation threshold and trading point rules will be announced on the product page when the event begins, so please stay tuned.
Industry News
France May Ban Crypto Companies Licensed in Other EU Countries from Operating Locally
The French Financial Markets Authority (AMF) stated that it may prohibit cryptocurrency companies licensed in other EU countries from operating in France, citing concerns that some jurisdictions have overly lenient regulatory requirements, leading to enforcement gaps under the MiCA framework. Additionally, France, along with Austria and Italy, has called for the European Securities and Markets Authority (ESMA) to unify the regulation of major crypto companies and supports amending MiCA to strengthen oversight of crypto activities and cybersecurity outside the EU.
REX-Osprey XRP ETF to Launch This Week
The REX-Osprey XRP ETF (XRPR) has confirmed its launch this week, becoming the first ETF to provide investors with exposure to the third-largest cryptocurrency, XRP. Launched by REX-Osprey, the team is also behind SSK.
Earlier today, Bloomberg senior ETF analyst Eric Balchunas revealed that the DOGE ETF DOJE is scheduled to launch this Thursday, along with the 40 Act spot XRP ETF XRPR (both included in the same effective prospectus). This also includes Trump and Bonk, but the launch dates for these two have not yet been announced.
Project News
Crypto KOL's Live Stream on pump.fun Causes Platform Server Crash
Crypto KOL Alex Becker, with millions of followers, started a live stream on pump.fun, causing the live streaming platform's server to crash due to high traffic. He is currently working with the pump.fun team to fix the live stream. Alex Becker stated that if the live stream cannot be restored, he will directly switch to YouTube, where they will continue to give away gifts and stream.
Pendle Launches Cross-Chain PT, First for PT-USDe Deployed on Avalanche
Pendle announced the official launch of its cross-chain PT feature, with the first product being PT-USDe from Ethena Labs (November 2025), deployed on the Avalanche chain. Pendle aims to make PT a universal cross-chain collateral in DeFi, with potential expansion into off-chain applications in the future.
Ethena Foundation: ENA Fee Switch Activation Coming Soon
The Ethena Foundation has officially confirmed that the fee switch parameters set by the risk committee have been met, and the ENA fee switch mechanism is expected to be activated after the risk committee signs the implementation details and completes further governance processes. The risk committee is currently discussing specific implementation plans, and the final framework will be publicly released, requiring ENA token holders to vote to confirm the proposal.
Sky Protocol Spent $700,000 Last Week to Buy Back 9.4 Million SKY Tokens
According to official news, Sky Protocol spent $700,000 last week to buy back 9.4 million SKY tokens. So far, Sky Protocol has repurchased over 1.19 billion SKY tokens.
Voices
Coinbase CEO: Exploring Own Network Token Still in Early Stages
Coinbase CEO Brian Armstrong stated on the X platform that the Base network is exploring the possibility of launching its own network token, which could become "an excellent tool to accelerate decentralization and expand the growth of creators and developers in the ecosystem." The Base team is still in the early stages of exploration and has not disclosed specific timelines, designs, or governance mechanisms for the token.
Arthur Hayes: Bitcoin Price May Rise to $200,000 by 2025, Targeting $1 Million by 2028
BitMEX co-founder Arthur Hayes predicted in a recent interview that the price of Bitcoin could rise to $200,000 by the end of 2025, driven primarily by U.S. Treasury buybacks. Hayes believes that the U.S. government's potential bond buyback plan will inject new liquidity into the economy, guiding investor funds toward riskier assets, including Bitcoin, by reducing volatility in the Treasury market and releasing capital. This macro environment could serve as a catalyst for a significant increase in Bitcoin's price, and if favorable conditions persist, Bitcoin's price could potentially reach $200,000 by the end of the year.
Arthur Hayes further extended his bullish stance to the long term, believing that Bitcoin's price could reach $1 million by the end of 2028. He noted that this prediction is closely related to U.S. fiscal spending trends and broader political developments, with ongoing deficit spending and monetary intervention undermining confidence in fiat currency, thereby promoting the adoption of Bitcoin as a hedge.
Trump: Powell's Rate Cut Must Exceed My Expectations
Trump stated on social media that Powell's rate cut must exceed his expectations. (Zhitong Finance)
OKX CEO Star stated on social media that he emphasizes once again that the core goal of OKX Boost is to connect real DEX users with quality token projects. It will not support wash trading solely for the purpose of OKX Boost, nor will it support professional wash trading studios. Users should be aware that the participation thresholds and reward amounts for each event are uncertain, and there are no fixed profit expectations. Please participate rationally.
Matrixport released a chart today indicating that the probability of the Federal Reserve cutting rates by 25 basis points this week has significantly increased. Although there are still voices in the market suggesting "no change" or a "one-time cut of 50 basis points," in the context of inflation being below target and limited tariff pressures, the Federal Reserve is more likely to choose a moderate rate cut to maintain a cautious stance. In a loose environment, concerns about "profit-taking" are difficult to establish, and it is more likely to drive the continuation of the bull market. Our monitoring shows that the market has digested expectations of more than three rate cuts, and this round of easing expectations may provide momentum for Bitcoin to reach new highs.
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