U.S. consumer spending grew steadily in July, but inflationary pressures remained stubborn

PANews reported on August 29th that according to The Crypto Basic, Japanese gaming giant Gumi Inc. announced plans to purchase 2.5 billion yen (approximately $17 million) worth of XRP as part of its efforts to expand its blockchain business. The company issued a press release today announcing the development following a decision made at a recent board meeting. Notably, the gaming company will strategically accumulate XRP over a five-month period between September 2025 and February 2026. Commenting on the development, Gumi emphasized that the planned purchase is a strategic move designed to enable it to participate in XRP’s ecosystem. Earlier in June, it was reported that Gumi spent about US$6.99 million to buy 80,352 bitcoins .

What if the next financial revolution wasn’t led by Wall Street, but by meme-fueled communities armed with humor, conviction, and the hunger for 1000x gains? Meme coins have stormed past jokes and dog photos, morphing into a cultural and financial movement that traditional finance cannot ignore. The world has seen Shiba Inu, Pepe, Bonk, Mog, […]

PANews reported on August 29th that according to Lookonchain monitoring, the Bitcoin whale who previously purchased 641,508 ETH (worth $2.94 billion) has made another move. Two days after pausing his ETH purchases, he deposited 1,000 BTC (worth approximately $108 million) into Hyperliquid, selling the remaining BTC to purchase ETH spot.