BingX Crypto & Financial News
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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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Btc Smarter Web Company has announced the launch of Smarter Convert, a strategic initiative aimed at attracting capital through interest-free convertible bonds denominated in Bitcoin.
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Top 15 launchpad tokens with a fully diluted valuation (FDV) below $100 million.
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Whales are liquidating ETH holdings:

1. Address 0xc156 transferred 13,459 ETH, valued at $49 million, to Binance approximately 20 minutes ago.

2. Address 0x46DB moved roughly $19.8 millionβ€”equivalent to 5,504 ETHβ€”to OKX over the past 16 hours.
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SBI Holdings has filed an application to establish a dual cryptocurrency ETF comprising Bitcoin and XRP, marking a move to introduce regulated market exposure to these digital assets. coindesk
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MemeFi (#MEMEFI) experienced a notable market manipulation event following its announcement of delisting from Binance Futures at 10:30 Moscow time. Active buying activity quickly drove the token to the top spot for spot purchases across all centralized exchanges within five minutes, representing an +85% surge.

Within fifteen minutes, the trend reversed, and MemeFi became the leading spot seller on all CEX platforms β€” a position it continues to hold. The token’s price has since corrected by approximately 32% from its local peak.

πŸ“Š Check the Chart πŸ‘ˆ
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Derivatives Data Shows Traders Adopt Bearish Stance on August Bitcoin and Ethereum Options
Data from Derive indicates that cryptocurrency traders have taken on a bearish position in the options for Bitcoin and Ethereum set to expire in August. - The Block
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British Satsuma, a firm involved in Bitcoin treasury management, has secured $218 million in funding. theblock.com
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Futures for promotional stocks including Apple (AAPL), Amazon (AMZN), and Tesla (TSLA) are now available on PancakeSwap Perpetuals. More details can be found at blog.pancakeswap.
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BingX Crypto & Financial News
Futures for promotional stocks including Apple (AAPL), Amazon (AMZN), and Tesla (TSLA) are now available on PancakeSwap Perpetuals. More details can be found at blog.pancakeswap.
The CAKE token saw a notable rally roughly half an hour before a recent news release, aligning with a market signal on PancakeSwap at 14:00 Moscow time. This initial uptick in liquidity was followed by heightened buying activity. After the news became public, Binance data showed a significant increase in selling volume, indicating a shift in market sentiment. Further details and live chart data are available here.
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Glassnode reports significant Bitcoin transfers in the last 24 hours, involving addresses with holdings aged between seven and ten years.
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Cosmos Health plans to raise $300 million through a token offering to acquire Ethereum.
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China is testing stablecoin integration amid rising concerns over potential capital outflows.
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