Unified Crypto Lobbyists: Protect Software Developers, Senate, or We're Out
Lobbyists and firms such as Coinbase, Kraken and Ripple told key senators the sector can't support a market structure bill without software developer protection.
Lobbyists and firms such as Coinbase, Kraken and Ripple told key senators the sector can't support a market structure bill without software developer protection.
[Willy Woo: Capital Inflows to Ethereum Approaching Bitcoin Levels] Crypto analyst Willy Woo stated that funds are flowing from Bitcoin to Ethereum. Currently, Ethereum's daily capital inflows have reached $900 million, approaching Bitcoin levels. This trend began when Tom Lee's Ethereum treasury company, BitMine, started increasing its Ethereum holdings.
Your day-ahead look for Aug. 27, 2025
[Multiple Venezuelan Officials Indicted by the U.S. for Using Cryptocurrency to Evade Sanctions] According to the Financial Times, the United States has indicted multiple Venezuelan officials, accusing them of using cryptocurrency to evade sanctions or launder money. Cryptocurrency in Venezuela is transitioning from a fringe sector to an economic pillar, with merchants accepting payments through platforms and some businesses even using it to pay salaries. One user stated that to counter the devaluation of the bolívar, they purchase USDT on Binance.
Binance announces the launch of the HODLer airdrop event, introducing the Dolomite (DOLO) token, a decentralized money market protocol. The airdrop will take place on 2025-08-27 at 08:00 (UTC+8). Trading for the token will open on 2025-08-28 at 00:00 (UTC+8), supporting trading pairs such as DOLO/USDT, DOLO/USDC, and DOLO/BNB. After the airdrop concludes, DOLO will be available on services like spot trading, spot algorithmic orders, trading bots, and spot copy trading. The expected launch time is 2025-08-28 at 00:00 (UTC+8). Important Notes: - Users must subscribe to BNB-related products between 2025-08-03 and 2025-08-06 to qualify for the airdrop and hold at least 0.01 BNB. - DOLO spot trading will begin on 2025-08-27 at 16:00 (UTC), and users need to transfer tokens to their spot accounts in advance. - Users from certain regions, including the United States, Canada, and Australia, are not eligible to participate.
According to the data of major single orders in the past 12 hours, the buying volume has reached $157 million, the selling volume has reached $134 million, and the net inflow has reached $23.09 million. The main players show a willingness to go long. However, the current price is still under pressure below the EMA24/52 moving average, and the MACD bar chart continues to shrink, indicating that downward momentum is still accumulating. The 2-hour cycle K-line shows a top split and a flat top pattern, coupled with RSI falling below the 50 median line, further verifying the short-term bearish signal. Although the main force is clearly attracting funds, the market trading volume is extremely shrinking, and there is a risk of another downturn after a weak rebound. Open a membership, get real-time updates on major orders, and get an early insight into market capital trends! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.