Daily Crypto News

• Metaplanet plans to leverage the increasingly large Bitcoin treasury to acquire digital banks and cash flow generating businesses.

• Bit Digital transfers its entire treasury to ETH, becoming one of the largest public holders after a $173 million purchase.

• Investment in crypto surged to $10 billion in Q2, the highest since early 2022.

• The proportion of Bitcoin ETF funds reached a new all-time high.

• Pakistan establishes a dedicated regulatory agency for crypto to oversee the digital asset sector.

• South Korean bank stocks soared after registering a stablecoin trademark.

• Tether builds an $8 billion gold reserve in Switzerland to reduce custody costs and increase reserves.

• Truth Social files S-1 to launch the Crypto Blue Chip ETF, including assets such as $BTC , $ETH , #SOL , $XRP , and #CRO .

• Two Genesis wallets from the early days of Ethereum unexpectedly became active again, transferring a total of $2.9 million in ETH.

• LetsBonk surpasses Pump(.)Fun in revenue over the past 24 hours.

• Tether invests in Crystal Intelligence (Blockchain Service), a blockchain analytics company aimed at supporting crime tracing in the crypto sector.

Future market:

In the past 24 hours, 62,478 traders have been liquidated, with a total liquidation amount of $119.83M: long -43.4m, short -37.1m

• The largest liquidation occurred on Bybit-BTC, valued at nearly $1.95M.

Total volume reached 179.3b

🔥🔥Click follow now for daily crypto news updates