Crypto News Update - August 31, 2025
Stay in the loop with the latest crypto buzz! Here's what's happening in the world of cryptocurrency today:
Solana ETFs Gain Traction: The SEC is reviewing amended filings for Solana ETFs, bringing them closer to approval. This could boost SOL's mainstream adoption and liquidity.
Tether Mints $3B USDT: Tether has minted $3 billion in new USDT on Ethereum over the past three days, signaling a massive liquidity wave in the market.
Chainlink Partners with U.S. Dept of Commerce: In a major Web3 adoption move, the U.S. Department of Commerce will publish GDP and PCE data on-chain via Chainlink.
Bitcoin Steady, Ethereum Holds Strong: BTC is trading around $109.3K, while ETH remains above $4,450. Market sentiment is neutral with a Fear & Greed Index at 49.
Binance Fights Scams: Binance, alongside Chainalysis and APAC law enforcement, froze $50M in illicit funds linked to pig butchering scams, reinforcing ecosystem security.
Cardano and XRP Synergy: Ripple’s CEO is in talks with the Fed, while Cardano explores XRP wallet integration, hinting at potential cross-chain collaboration.
Eric Trump Bullish on BTC: At BTC Asia 2025, Eric Trump claimed "no question Bitcoin hits $1M," fueling optimism for long-term growth.
What's your take on these updates? Drop your thoughts below! #CryptoNews #BinanceSquare #Web3
