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- YGG plunged 18.13% in 24 hours to $0.1575 on Aug 29, 2025, reflecting eroding investor confidence and worsening technical indicators. - A 154.95% 7-day drop and bearish moving average crossover highlight structural breakdowns, with RSI in oversold territory failing to trigger reversals. - Analysts warn of continued short-term pressure due to weak fundamentals and bearish momentum, despite mixed historical volatility patterns. - Proposed backtest strategies aim to evaluate rebounds after sharp declines, t
- GTC plunged 254.24% in 24 hours to $0.332, marking one of digital assets' most extreme single-day declines in history. - Analysts attribute the crash to liquidity constraints, selling pressure, and shifting market sentiment, with no official explanation from the project team. - Technical indicators show GTC trading below key moving averages with oversold RSI, but failed support levels raise concerns about further declines. - A 12-month 5362.9% drop highlights long-term bearish trends, prompting proposed
- Asian FX markets face volatility from central bank policy shifts, U.S. tariffs, and Fed easing expectations, with divergent currency trends emerging. - Philippines cuts rates to 5.00% amid benign inflation, while South Korea maintains 2.50% but signals potential easing amid tariff-driven growth risks. - USD weakness and geopolitical risks (e.g., 25% U.S. tariffs on India) pressure Asian currencies, though strong FDI and FX interventions offer partial resilience. - Central banks and U.S. policy developmen
- 10:40Ant Digital Technologies launches intelligent agent contracts, to be natively deployed on its Layer2 blockchain JovayJinse Finance reported that at the 2025 Inclusion·Bund Conference Token Economy Forum, Ant Digital Technologies CTO Yan Ying announced the launch of the brand-new "Agentic Contract," which will be natively deployed on its next-generation Layer2 blockchain Jovay. "This is a fundamental upgrade for smart contracts," she stated. Smart contracts will transform from "automation" based on preset rules to "autonomy" with environmental awareness and dynamic decision-making capabilities, facilitating an intelligent leap for the global value network. As the core execution program of blockchain, smart contracts are the central hub for the automatic operation of blockchain networks. Yan Ying explained that today's smart contracts are essentially automatic executors of preset rules—"if condition A is met, then execute action B." They lack perception, cannot reason, and are unable to handle complex or unknown scenarios. In other words, they are "agile" but not "intelligent."
- 10:11Native Markets has secured 71.88% of staked share support in the USDH bidding.According to Jinse Finance, data from usdhtracker shows that Native Markets has received support from 53.4% of staked shares in the USDH bidding. If the largest validator "Nansen x HypurrCollective," which has just expressed its support, is included, the total support reaches 71.88% of staked shares.
- 09:51Scroll: No New Proposals Will Be Processed Before the Launch of the New Governance ModelJinse Finance reported that Scroll has released an update stating: "Although all previously approved proposals will proceed as planned, we will not process new proposals until the updated governance model is launched. As outlined in our DAO charter, we welcome experimentation and governance development, and view this as an opportunity for responsible evolution. This prudent measure allows us to design a more efficient, effective, and consistent process. That is to say: 1. All previously approved proposals will proceed as planned. 2. The existing governance mechanism will remain unchanged while the working group designs the new model. 3. We are focused on achieving consistency, efficiency, and sustainability. 4. We will not process new proposals until the updated model is introduced."