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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Seismic has secured $10 million in funding, led by a16z.
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US Treasury Secretary Bessent to Announce Major Tariff Developments in Coming Days
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Franklin Templeton expands Benji platform on Canton Network. coindesk
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Sui Launches USDsui, Native Stablecoin for Ecosystem
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BingX Crypto & Financial News
China's Ministry of Commerce states its intention to maintain cooperation with the United States amid ongoing trade tensions.
China's Vice Premier notes numerous opportunities for cooperation between China and the U.S. in trade and economic affairs.
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BingX Crypto & Financial News
Kyrgyzstan has officially registered the USDKG stablecoin. Holders will be able to convert it into gold, cryptocurrencies, or fiat currency. frankmedia
Kyrgyzstan has launched its national stablecoin, USDKG, and imposed a nationwide shutdown of power and internet services for mining farms.
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Yahoo Finance announces partnership with Polymarket.
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UK Member of Parliament Nigel Farage announced that a new bill is in development to establish a Bitcoin strategic reserve and reduce taxes on cryptocurrencies.
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🐳#BTC CQ: In the past week, whales accumulated over 45,000 BTC, representing the second-largest weekly inflow for these wallets this year.
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SEC Chairman Paul Atkins outlined the agency’s approach to a token taxonomy, emphasizing reliance on the Howey test to determine whether digital assets are classified as securities. Atkins noted that while cryptocurrencies could be considered investment contracts, this does not guarantee they will always fall into that category.
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The market capitalization of the BTC Strategy fund is lower than the net asset value (mNAV) of the Bitcoin held by the company.
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CoinGlass reports over $250 million in liquidations in the past hour.
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Dubai court freezes $456 million tied to Justin Sun's guarantee for Techteryx, the issuer of TrueUSD.
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Canary has filed an application to launch the MOG ETF. More details can be found here.
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BingX Crypto & Financial News
Canary has filed an application to launch the MOG ETF. More details can be found here.
MOG shares rise 10% following recent news.
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Glassnode reports that Bitcoin (BTC) exhibits one of the slowest velocity rates among leading global assets, with over 61% of its supply remaining static throughout the year and a daily circulation rate of only 0.61%. By comparison, Ethereum (ETH) shows higher activity levels, with approximately 25% of its supply locked in staking or ETFs. Additionally, on-chain data indicates a decline in exchange-held supply, as around 1.5% of BTC and 18% of ETH have exited centralized exchanges.
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The Aerodrome and Velodrome protocols are consolidating into a new entity named "Aero," set to launch on both Ethereum and Circle Arc. Aerodrome stakeholders will receive 94.5% of the new token supply, with Velodrome holders allocated 5.5%.
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Avalanche Reports Significant Growth in Q3: Market capitalization increased by 67%, RWA total value locked surged 252.3%, and DeFi TVL rose 41.6%.
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Bybit has identified 16 blockchains capable of freezing users' funds.
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Today's summary and tomorrow's events - https://t.me/bingx1/2147483647
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