Monad, a layer-1 blockchain, eyes a 2025 mainnet launch! ๐ Their new Byzantine Fault Tolerance (BFT) consensus โ the first EVM-compatible designed to resist tail forks โ is now live on testnet. This boosts security & scalability for a more robust blockchain. #Monad #blockchain #BFT
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Fosun International Shares Surge Following Stablecoin License Application
Shares of Fosun International jumped 20.6% in early trading today, currently trading at HK$6.44. The increase follows news that the Hong Kong-listed company has applied for a Hong Kong stablecoin license.
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US July CPI data drops today at 8:30 PM Beijing time. Forecasts point to 2.8% YoY increase (up from Juneโs 2.7%), & 3.0% Core CPI. Markets price in ~90% chance of a Sept Fed rate cut. Bitcoin & Ethereum options see rising open interest. #CPI #Fed #BTC #ETH
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Fosun International, a Hong Kong conglomerate, is seeking a stablecoin license! Founder Guo Guangchang discussed plans with city leaders. They're also exploring Web3 & RWA tokenization (โStar Coinโ), boosting Hong Kongโs stablecoin market. ๐ช #stablecoins #Web3 #HongKong
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Storyโs $IP token is now on Revolut! ๐ This expands access to the AI-native, programmable IP blockchain to 40M+ users. Plus, $IP was recently listed on Upbit & is held by Grayscale. Story also has a $360M reserve plan with Heritage Distilling. #Web3 #Crypto #IP
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The Smarter Web Company increased its Bitcoin holdings by 295 BTC to 2395 BTC (ยฃ26.255M investment @ ยฃ89k/BTC). Avg purchase price: ยฃ82,399. YTD yield: 55069%, 30-day yield: 76%. ยฃ700k cash for further buys. #Bitcoin #BTC
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CoinGecko co-founder Bobby Ong predicts a Moonbirds NFT price surge to 10 ETH! He originally recommended it at 0.7 ETH (target 2.5 ETH) & sees parallels with the Pudgy Penguins turnaround under new leadership. A token launch could push prices even higher. ๐ #NFTs #Moonbirds
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Binance Alpha users! ๐ WAI token airdrop coming Aug 12, 2025 at 16:00 Beijing time. Hold 200 Alpha points to claim 800 WAI (first-come, first-served). Threshold drops 15 points/hour if unclaimed! #Binance #WAI #Airdrop
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Crypto investor โMachi Big Brotherโ has reportedly made over $30M in profits! ๐ฐ Heโs holding a large portfolio including 11.9k ETH (~$51M), $21.68M HYPE, & $907.5k PUMP. Shows continued altcoin interest alongside Ethereum. ๐ Data via Lookonchain.
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Crypto trader AguilaTrades lost $3.8M in 3 days betting against Ethereum (ETH). Short positions were liquidated as ETH surged past $4,300. This follows a $11.3M profit from a previous long position. Stop-losses triggered repeatedly as ETH price rose. #crypto #ETH #trading
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