BingX Crypto & Financial News
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SEC clarifies that liquid staking tokens are not considered securities.
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BingX Crypto & Financial News
Binance is set to list Towns (TOWNS) and Succinct (PROVE).
Coinbase has added Towns to its listings.
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Metamask to Launch Its Own Stablecoin
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Robinhood has added #NDO and #FLOKI to its U.S. trading platform.
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Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647
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CZ has filed an appeal with a bankruptcy court seeking to dismiss claims from FTX that demand the return of $1.76 billion.
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Net outflows from spot Bitcoin ETFs totaled approximately $196.2 million yesterday, while spot Ethereum ETFs saw net withdrawals of around $73.3 million.
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Binance futures trading volume hits six-month high as Bitcoin experiences heightened volatility. cointelegraph
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Michigan Pension Fund increases Bitcoin holdings by $11 million within Ark ETF.
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PUMPFUN issued 13,690 new tokens over the past 24 hours, while LETSBONK issued 13,392 tokens. Despite higher token issuance, LETSBONK continues to lead in daily trading volume with $87.7 million, compared to PUMPFUN's $82.4 million.
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Mizuho has increased its target price for Coinbase shares to $267 amid a rebound in trading volumes during July. theblock.com
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The former chief of staff to SEC Chairman Gensler has compared liquid staking to a dangerous mortgage practice that contributed to Lehman Brothers' collapse, cautioning against potential risks to the cryptocurrency industry. decrypt
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Indonesia is exploring the possibility of establishing a national Bitcoin reserve. cointelegraph
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China claims that iris scans associated with Worldcoin pose a threat to national security. coindesk.com
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Bitbridge Plans to Go Public with Focus on Bitcoin Treasury Management and Lending Services
Bitbridge intends to become a publicly traded company specializing in Bitcoin treasury management and will launch lending services backed by Bitcoin. More details are available at theblock.com.
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The user fell victim to a phishing scheme that resulted in the unauthorized approval of a fraudulent transaction, leading to a loss of roughly $3.05 million.
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Whale transactions over the past two days include the creation of four new wallets and the accumulation of approximately $361 million in ETH from FalconX, Galaxy Digital, and BitGo. Galaxy Digital withdrew 250,000 SOL, valued at $40.7 million, from staking and transferred it to Binance. Additionally, the whale moved 1.25 billion PUMP tokens, worth about $4.09 million, to Kraken, purchasing the tokens during a public sale for 5 million USDCβ€”a transaction likely to incur a loss of nearly $1 million.
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The Bitcoin Fear and Greed Index has increased to 60, indicating a shift toward market greed.
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Pendle launches Boros on Arbitrum, a platform allowing traders to take long and short positions on cryptocurrencies based on funding rates. coindesk
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VANECK releases July 2025 cryptocurrency review, citing Hyperlique capturing 35% of blockchain revenue. The report highlights that Hyperlique attracted users from Solana and managed to retain them. The shift is attributed to Solana’s lack of significant enhancements to user experience, especially in trading unlimited futures, where Hyperliquid is considered the leading platform.
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Tom Lee, co-founder of Fundstrat and chairman of Bitmine, forecasts Bitcoin reaching $250,000 by 2025. cointelegraph
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