Binance Futures to Launch USDⓈ-M and COIN-M Quarterly Delivery Contracts for September 2025

North Carolina proposes legislation to create a strategic Bitcoin reserve for the state.

Kalshi secures more than $1 billion in latest funding round, valuing the company at $22 billion. x

Coinbase has migrated its Bitcoin Yield Fund to the Base blockchain, introducing a tokenized share class in partnership with Apex Group.

The number of Bitcoin wallets holding 100 or more BTC increased by 753 over the past three months, representing a 3.9% rise, according to Santiment. Meanwhile, Bitcoin's market capitalization declined by 20.2% during the same period. The data highlights a notable divergence amid ongoing short-term price volatility.

Morgan Stanley files second amendment to S-1 registration for spot Bitcoin ETF. theblock.com

Palanetwork (PHA) has announced the launch of its Korean won trading market, complemented by an airdrop event. Details are available at feed.bithumb.com. The listing marks a significant expansion for the blockchain platform. The event timestamp is 05:00:01.192 UTC.

PHA Network (#PHA) has announced a commemorative airdrop event following its listing on the KRW market. The event coincides with the addition of PHA to Bithumb’s KRW trading platform. Trading for PHAUSDT is currently at 0.0431. The event details are available on feed.bithumb.com. The announcement was made at 05:00 UTC.

Anchorage Digital has launched collateral management services on its Atlas platform, targeting institutional investors. theblock.com

The revenue generated from SOL decentralized applications (DApps) on the Solana blockchain has declined to its lowest level in 18 months. [cointelegraph]

The revenue generated from Solana's decentralized applications (DApps) has declined to its lowest level in 18 months. cointelegraph

EtherFi allocates $25 million to Nest protocol, integrating real-world assets from Plume.

AI Gemini has cut approximately 30% of its workforce since the start of the year, reducing its employee count to about 445. The company has also adopted AI tools to improve operational efficiency. x

Yesterday, spot Bitcoin ETFs experienced net outflows of approximately $90.2 million, while spot Ethereum ETFs saw outflows totaling about $131.2 million.

Yesterday, spot Bitcoin ETFs experienced net outflows of approximately $90.2 million, while spot Ethereum ETFs saw net outflows of around $131.2 million.

Binance to facilitate Dai (DAI) token swap and rebranding to USDS (USDS).

Friday options expiration is valued at approximately $1.9 billion, with Bitcoin options totaling $1.6 billion in face value and a put/call ratio of 0.88. The maximum pain point is set at $70,000. Ethereum options have a face value of $370 million, a put/call ratio of 1.04, and a maximum pain point of $2,150.

Friday options expiration valued at approximately $1.9 billion:
- Bitcoin (BTC) options face value: $1.6 billion
- Put/Call ratio: 0.88
- Maximum pain point: $70,000

- Ethereum (ETH) options face value: $370 million
- Put/Call ratio: 1.04
- Maximum pain point: $2,150

Transactions by whales and institutions:

1. Wallet 0xEb2a withdrew 2,004 ETH ($4.24 million) from Binance, now holding 37,468 ETH ($80.3 million).
2. Wallet 0xC551 withdrew 2,150 ETH ($4.63 million) from Kraken, currently possessing 6,683 ETH ($14.33 million).
3. A wallet, likely belonging to the ShapeShift founder, spent $36.75 million to acquire ETH at $2,151.
4. The UXLINK hacker traded 5,496 ETH for approximately 11 million DAI.
5. A whale withdrew 460 BTC ($32.41 million) from Binance after three months of inactivity.
6. Over nearly a year, Keith purchased 742.8 WBTC ($66.2 million) at an average price of around $89,117, then sold the entire amount at approximately $70,259, incurring an estimated $14 million loss.

Forward Industries, a publicly traded company with a treasury strategy focused on Solana, has launched a share buyback program funded by a crypto-backed loan from Galaxy Digital LLC. The initiative highlights the growing role of digital assets in mainstream corporate finance. cointelegraph

CryptoRank ranks the leading Perpetual DEX based on activity.