Bithumb Launches Airdrop Event to Mark Mira Inclusion in Korean Won Market

Bithumb has announced an airdrop event to commemorate the listing of Mira (#mira) on its platform’s Korean Won market. Details are available at feed.bithumb.com.

Options expiring this Friday total approximately $22.3 billion, with Bitcoin options comprising $17.06 billion at a put/call ratio of 0.76 and a maximum pain point of $110,000. Ethereum options account for $5.20 billion, with a put/call ratio of 0.80 and a maximum pain point of $3,800.

Vanguard is evaluating the possibility of offering access to a cryptocurrency ETF.

Kraken secures $500 million in funding, boosting its valuation to $15 billion, according to Fortune.

U.S. August PCE Price Index rose 0.3% month-on-month, matching forecasts and up from 0.2% in July. The year-over-year rate increased to 2.7%, in line with estimates and up from 2.6%. Core PCE inflation held steady at 2.9% year-over-year, meeting expectations and up from 2.8%.

German authorities conducted an unannounced inspection of Northern Data, one of Europe's largest cryptocurrency miners backed by Tether, Bloomberg reports.

UK’s largest banks to pilot tokenized deposits in British pounds, marking a significant step in digital currency integration.

The Central Bank of Russia has urged the Ministry of Internal Affairs to consider establishing a rehabilitation mechanism for individuals flagged for suspicious activity related to cryptocurrency sales used to pay scammers. interfax

SOL Telemetry has integrated streams with PumpFun, enabling streaming data to be directly fed into the Telemetry interface. More information is available on Twitter.

Justin Sun controls 64% of the total TRX proposal volume.

Linea Swift partners with Linea to launch a new stablecoin.

SoftBank and Ark are leading investments in Tether Investments.

The UN has integrated blockchain technology into its global pension program to improve identification processes. The organization expressed confidence in the technology's effectiveness and aims to expand its use across all operations and share the advancements with other international agencies.

Kraken is engaged in detailed negotiations to raise new funding, potentially valuing the cryptocurrency exchange at $20 billion. bloomberg

Today's Summary and Weekend Events. https://t.me/bingx1/2147483647

Alpine surged approximately 70% over the past few hours, leading all cryptocurrencies in purchase volume across centralized exchanges (CEXs). At 19:00 Moscow time, Alpine ranked first in buy transactions on Binance Futures, with open interest growth observed at 19:36. Notable purchase activity for Alpine commenced last night.

Separately, SNX entered the top purchase lists across all CEXs at 08:40, with open interest increasing rapidly from 09:36. By 10:06, SNX ranked at the forefront of open interest growth, maintaining this position throughout the trading session. Additionally, SQD experienced over 100% gains today, with large purchase activity beginning yesterday at 23:35 and top purchase rankings across all CEXs by 00:35.

Tether burns $1 billion USDT as stablecoin issuance surges. Over the past week, Circle and Tether collectively minted $6 billion worth of stablecoins.

Yesterday, approximately $418.3 million was withdrawn from the spot Bitcoin ETF, while outflows from the spot Ethereum ETF reached around $248.4 million.

Eric Trump advocates for purchasing Bitcoin during downturns, predicting the cryptocurrency will exceed $1 million in value.

The CEOs of Franklin, Fidelity, Coinshares, Bitwise, Grayscale, VanEck, and Canary have each filed S-1 registration statements for their respective spot ETF proposals, including initial offerings. Industry insiders anticipate approval within approximately two weeks.

Moody's: Rising stablecoin volumes present risks to the economy by undermining monetary policy effectiveness amid inconsistent regulatory oversight. The trend could also impair central banks' capacity to control interest rates and stabilize exchange rates. cointelegraph