BingX Crypto & Financial News
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🌐 Your portal to the crypto and financial world. Breaking news, insights, and analysis from BingX and crypto market.
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Trump family's wealth increased by $1.3 billion last week, driven by the listing of American Bitcoin (ABTC) and earnings from World Liberty Financial (WLFI). cointelegraph
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BingX Crypto & Financial News
Hype Hyperlique to Launch Its Own Stablecoin, #usSDH.
Paxos, Frax, Agora, and Native Markets have submitted competing proposals for the issuance of USDH. A vote among validators scheduled for September 14 will determine the winning bid. theblock.com
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Leading blockchains dominate in decentralized exchange volume growth over the past month.
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Whale transactions include a trader named Kit opening three long positions on #PUMP with a total of 1.31 billion tokens (~$6.3 million) utilizing 5x leverage. Qianbaidu.eth invested an additional $6.06 million to purchase #hype, bringing his weekly total to approximately 276,834 HYPE (~$13 million). After incurring over $35 million in losses on #ETH long positions, trader 0xa523 shifted to shorts but reported an additional loss of $614,000. He currently holds short positions comprising 1,351 BTC valued at $150 million, with total estimated losses around $37 million.
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BingX Crypto & Financial News
El Salvador has acquired an additional 8 BTC over the past week.
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El Salvador acquires 21 Bitcoin to mark the four-year anniversary of its Bitcoin law.
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NEMO was hacked, resulting in a loss of $2.4 million.
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The supply of stablecoins on the Ethereum blockchain has more than doubled since January 2024, hitting a record $165 billion. cointelegraph
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A wallet associated with Metalpha withdrew 11,500 ETH, valued at approximately $49.34 million, from AAVE 15 minutes ago before transferring the funds to Binance.
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Binance Futures to Launch USDβ“’-Margined WLFIUSDC Perpetual Contract on September 8, 2025. binance
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Backpack has announced the launch of its European division, Backpack EU. coindesk.com
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Kazakh President instructs National Bank to establish a State Fund for Digital Assets to build the country's strategic cryptocurrency reserves.
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Hashkey plans to establish a $500 million digital asset treasury fund. coindesk.com
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Andrey Grachev stands out as an intriguing figure.
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Forward Industries has raised $1.65 billion in a private placement from Galaxy Digital, Jump Crypto, and Multicoin Capital to establish a Solana treasury.
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HSBC and the Industrial and Commercial Bank of China (ICBC), the world's largest bank by assets, are seeking consumer licenses in Hong Kong. cointelegraph
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BingX Crypto & Financial News
Today, MYX experienced a 140% rise in active purchases. The token entered the top rankings for purchases across all centralized exchanges at 04:20 Moscow time, with substantial buying activity persisting into the evening. By 08:06, it had secured the second…
MYX has doubled again since yesterday's mention of a 140% increase. Since then, the token has consistently ranked at the top for spot and futures trading across all centralized exchanges. Previously, MYX soared by 830%.
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Myx Liquid Short reaches $557,220 at a price of $6.2965927 on Binance.
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Bloomberg Style:

BingX's BTC Strategy acquired 1,955 Bitcoins for approximately $217.4 million at a price of around $111,196 per Bitcoin, recording a 25.8% profit since the beginning of 2025. As of September 7, 2025, the strategy's holdings totaled 638,460 Bitcoins, purchased for roughly $47.17 billion at an average price of $73,880 per Bitcoin.
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Grayscale has filed an application with the Securities and Exchange Commission using Form S-1 to launch a spot Link ETF. The filing is available for review here.
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NASDAQ is planning to open tenders for tokenized shares.
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Binance Announces Leafite OpenLEDGER Platform Release
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