Saudi Arabia withdraws from Chinese-led digital currency and blockchain payment system aimed at reducing dependence on the US dollar.

According to Bitquery, since late April, the Robinhood blockchain network has handled over 600 million transactions. Despite this volume, fees paid to Ethereum during that period totaled only around $49,000.

On September 3rd alone, the Robinhood Chain generated approximately $4.5 million in transaction fees, whereas Ethereum received just $398 for data submission and transaction confirmation.

The analysis indicates that increased activity on Layer 2 solutions does not necessarily translate into a proportional rise in Ethereum's revenue, as a significant portion of the fee income remains within the Layer 2 ecosystem. Wublockchain

Since late April, the Robinhood blockchain network has processed over 600 million transactions, according to data from Bitquery. Despite this high volume, the fees paid to the Ethereum network in that period amounted to only approximately $49,000.

On September 3rd alone, Robinhood Chain generated around $4.5 million in transaction fees. In stark contrast, Ethereum earned merely $398 for data submission and transaction confirmation on that day.

The analysis indicates that increased activity on Layer 2 solutions does not necessarily translate into proportional revenue for Ethereum. A substantial portion of the fee income remains within the Layer 2 ecosystem itself. Wublockchain

Arthur Hayes predicts that the value of #ENA will reach $0.50.
A month prior, he acquired 25.33 million #ENA tokens for $5.53 million at an average price of $0.09, realizing an unrealized gain of $3.28 million, equivalent to a 146% increase.
Previously, #ENA experienced a 55% surge.

Arthur Hayes predicts that the price of #ENA will fall to $0.50.

Last month, he acquired 25.33 million #ENA for $5.53 million at an average price of $0.09, recording an unrealized gain of $3.28 million (+146%).

Previously, #ENA experienced a 55% surge.

Today's cryptocurrency market experienced a mixture of gains and losses as investors continue to navigate ongoing volatility. Bitcoin remained relatively stable, trading around the $27,000 mark, while Ethereum saw a slight decline, slipping below $1,700. Market analysts point to geopolitical tensions and tightening monetary policies as key factors influencing investor sentiment. Despite these fluctuations, some experts remain cautiously optimistic about the long-term prospects of digital assets.

Today's cryptocurrency market sees continued fluctuations, with leading digital assets experiencing slight gains amid ongoing regulatory uncertainties. Investors remain cautious as volatility persists, and market sentiment remains mixed. Experts advise careful consideration amid unpredictable trends and evolving geopolitical influences.

Deputy Foreign Minister Sergey Ryabkov stated that he is unaware of any signals from the United States regarding the potential for business deals with Russia before the end of the Ukraine conflict, according to RIA. Previously, The New York Times reported that the White House is considering engaging in business deals with Russia as part of a new approach to resolving the Ukrainian crisis, aiming to demonstrate a serious intent to reset relations with Russia.

At a state dinner on September 24, attended by Donald Trump and Xi Jinping, prominent figures such as Nvidia's Huang, Elon Musk, Jeff Bezos, Sam Altman, Michael Dell, Tim Cook, and Citi's Jane Fraser will be present.

Anthropic has established a physical bio-laboratory in San Francisco dedicated to medical research.

In an interview with Salem News Channel, House Speaker Mike Johnson asserted that the Trump administration does not consider the conflict with Iran to be ongoing. Instead, he indicated that negotiations are in progress to address the unresolved issues, with a particular focus on ensuring the free passage through the Strait of Hormuz.

Iran has once again conveyed its conditions for ending the conflict to the United States via Qatar and is awaiting a response from Donald Trump, according to Mohsen Rezaei, the Secretary of Iran's Supreme National Security Council.

Reports have emerged that Houthi forces have once again targeted Aramco facilities, escalating tensions in the region.

European governments are deliberating a unified windfall tax on energy companies as soaring fuel prices heighten public dissatisfaction.

France faces escalating fuel shortages, with 11 percent of the country's filling stations running out of both petrol and diesel, reports News 18.

China criticizes US sanctions law targeting Russia and Iran, citing threats to energy security in China and India, reports Bloomberg.

Former U.S. President Donald Trump has unveiled plans to create "AI Forces," a move reminiscent of the establishment of the Space Force in 2019. Trump emphasized that the United States intends to foster the development of the artificial intelligence industry rather than impose restrictions. He assured the public that potential risks would be addressed through the legal system. To oversee this initiative, Trump proposed appointing an AI "czar," seeking candidates with high IQs.

The Commodity Futures Trading Commission (CFTC) has submitted its latest cryptocurrency regulation proposals to the White House for consideration, as Congress暂s delay on the CLARITY Act persists. Following an unsuccessful Senate vote on the legislation, leaders of the Securities and Exchange Commission (SEC) and the CFTC signaled their willingness to develop their own regulatory frameworks. Coinbase's CEO has stated that the CLARITY Act is now unnecessary, asserting that the SEC and CFTC can independently establish clear rules for the industry.