$SHIB bye now and hold earn profit 1target.1400 ,,,,#SHIB | Mirza khan M on Binance Square

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,,,,#SHIB 

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ChainCatcher news, according to Jinshi reports, U.S. President Trump is considering David Zervos and Rick Rieder for the position of Chairman of the Federal Reserve.$SOL

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trx update trx is going up bullish is Target:0.4500 plus+is bye now and hold only one month $TRX #TRX

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"Crypto exchange Bullish lands upsized $1.1 billion IPO, joins growing roster of public crypto firms" reports: Bullish raised $1.11 billion in an upsized IPO, pricing 30 million shares at $37 each—above its earlier $32–$33 range. This gives the company a valuation of approximately $5.41 billion. Trading is set to begin on the New York Stock Exchange under the ticker BLSH. The IPO was led by underwriters JPMorgan, Jefferies, and Citigroup, with BlackRock and ARK Invest showing interest in buying up to $200 million in shares. --- Broader Context & Industry Confirmation Several reputable financial outlets corroborate and expand upon this: Reuters confirms the $37 IPO price, the $1.11 billion raised, and a valuation of $5.41 billion . Barron’s adds that Bullish made its market debut today, emphasizes the valuation at about $5.6 billion, and notes strong institutional backing and a strategic focus on major cryptocurrencies . MarketWatch highlights high demand, shares raised to 30 million, a valuation near $5.6 billion, along with its acquisition of CoinDesk and projected Q2 earnings of over $106 million . TradingView/Reuters reiterates the IPO details and valuation . AInvest and other outlets underscore the IPO as a milestone for the crypto market’s institutional mainstreaming . --- Key Highlights at a Glance Metric Detail Shares Sold 30 million shares Price per Share $37 (above the $32–$33 range) Total Raised $1.11 billion Valuation ~$5.41 billion (some reports cite ~$5.6 billion) Ticker Symbol BLSH, listed on the NYSE Major Investors & Underwriters JPMorgan, Jefferies, Citigroup (lead underwriters); BlackRock & ARK Invest interested in ~$200M in shares Broader Significance Marks a shift toward institutional backing and regulatory clarity in crypto markets $BTC $ETH $BNB

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$SOL $BNB $ETH OKB Surges ~160% Following Major Token Burn & Network Upgrade OKB, the native token of the OKX exchange, soared approximately 160%—from around $45 to $135—after OKX announced a significant overhaul of its tokenomics and blockchain architecture. The platform executed a one-time burn of 65,256,712.097 OKB from its treasury and repurchased tokens. Post-burn, the total OKB supply will be permanently capped at 21 million tokens. OKX also began phasing out its OKTChain and the Ethereum L1 version of OKB: Trading of OKT will halt starting August 13, 2025, and holders can convert OKT to OKB gradually until January 1, 2026. OKB’s Ethereum L1 token is being deprecated, with a full migration to OKX’s upgraded X Layer. X Layer (zkEVM Chain) Upgrades On August 5, 2025, OKX rolled out its “PP upgrade” to the zkEVM-based X Layer, utilizing Polygon CDK technology. This enhancement notably: Boosted transaction throughput to 5,000 TPS Dramatically reduced gas fees Improved Ethereum compatibility for developers Broader OKX Strategy OKX plans to fund the expansion of its X Layer ecosystem by setting up an ecosystem fund and offering liquidity incentives to attract developers. The X Layer will be fully integrated with OKX Wallet, Exchange, and OKX Pay, with X Layer becoming the default chain for OKX Pay. OKX is also reportedly exploring the possibility of a U.S. IPO, according to a June report from The Information, although the company hasn’t publicly commented. Regulatory Challenges in Asia OKX has been facing headwinds in parts of Asia: Thailand’s SEC announced it would block OKX’s operations, among four other exchanges, urging users to withdraw assets before the shutdown period. In the Philippines, the Securities and Exchange Commission issued advisory notices to major crypto platforms—including OKX—for operating without proper authorization under new regulations. --- Summary Table Event Key Details Token Burn 65M OKB burned; total supply fixed at 21M Token Price Jumped from ~$45 to ~$135 (~160% increase) Network

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50% With $7.6 B Burn, Price Surges” (CoinDesk via CoinGlass, dated August 13, 2025) --- Key Highlights Massive token burn: OKX executed a one-time burn of 65.26 million OKB tokens, worth approximately $7.6 billion, cutting the token's maximum supply by over 50%—bringing it down to a hard cap of 21 million, mirroring Bitcoin’s cap. Price reaction: The token price surged from $46 before the burn to a record high of $142, before retracing to around $102. Trading volume spike: Trading volume skyrocketed by 13,000%, reaching $723 million, as traders rushed to respond to the sudden supply shock. Turnover ratio jump: The turnover ratio (trading activity relative to supply) surged from 0.03 pre-announcement to 0.093, indicating significantly heightened speculative interest. Strategic moves ahead: OKX plans to phase out the Ethereum-based OKB tokens in favor of X Layer versions, and is working to increase transaction speed and lower gas costs to drive adoption of its X Layer blockchain. --- Summary & Market Impact This burn is one of the largest in exchange token history—both in absolute value and in percentage of supply permanently removed. The immediate aftershock—massive price rally, extreme trading volume, and spike in turnover—reflects classic market behavior following a supply crunch. The strategic pivot toward X Layer and enhanced tokenomics further suggests OKX is aiming to tightly align OKB with utility growth, not just speculative demand. --- Want to Dive Deeper? Let me know if you'd like: A historical comparison with burns like Binance Coin’s (BNB) Charts showing OKB price and volume movement Details on how this affects OKX’s broader ecosystem or tokenomics Sentiment analysis from social or crypto analyst perspectives $SOL $BTC $XRP

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