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SEC delays decisions on Truth Social's Bitcoin and Ethereum ETF, along with XRP and Litecoin funds

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Michael Saylor Eases Stock Sale Rules as Bitcoin Premium Shrinks

According to a report from Bloomberg, he had initially promised to slow down selling common shares and focus instead on perpetual preferred stock. But now his company, Strategy Inc., says it will still sell shares even below the level it set before, if it helps the business.

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The market shows that BTC has fallen below $116,000, and now it is reported at $115,5986.07, with a 24-hour decline of 0.76%.

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South Korea to Propose Stablecoin Regulation Bill in October

FSC bill to outline stablecoin issuance, collateral rules and oversight as part of Korea’s second phase of the Virtual Asset User Protection Act.

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On-chain financial management returns: Mitosis' USDT pool offers an APY of 37.71%, and the Syrup USDC pool offers an APY of 9.18%.

According to DefiLlama data, SUSDE (Ethena USDe) currently has a TVL of $5.553 billion, an annualized yield (APY) of 7.28%, and a seven-day unstaking period. Maple Finance's Syrup USDC pool has a TVL of $2.209 billion and an APY of 9.18%. SUSDS (Sky Lending) has a TVL of $1.747 billion and an APY of 4.75%.

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The first season of the Binance Mitosis (MITO) Booster campaign has seen the TVL of the BNB pool reach $77.71 million.

According to the relevant information on the Binance Mitosis (MITO) Booster campaign's first season, the TVL of the BNB pool has reached $77.71 million, and the TVL of the USDT pool has reached $111 million.

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Bitcoin treasury company KindlyMD announced it spent nearly $679 million to purchase 5,743.91 BTC.

According to official news, Bitcoin treasury company KindlyMD (NASDAQ: KDLY) announced it spent nearly $679 million to purchase 5,743.91 BTC.

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🟠 Skybridge's Anthony Scaramucci maintains a $180k-$200k Bitcoin price target by year's end.

"That's a cautious price target, by the way."

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Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor

Hines, who recently served as Executive Director of the White House Crypto Council under President Donald Trump, will take on the role immediately to help guide the company’s U.S. initiatives and policy engagement.

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Capital B Raises €2.2 Million Through Investment by Adam Back

Capital B raised €2.2 million from Blockstream CEO Adam Back to expand its Bitcoin holdings to about 2,218 Bitcoin.

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Real estate firm Cardone Capital just bought $15 million Bitcoin πŸͺ™

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KindlyMD adds 5,744 BTC to the Nakamoto Bitcoin Treasury πŸ”₯

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SkyBridge Capital to Tokenize $300M on Avalanche Blockchain

Anthony Scaramucci, the founder and CEO of SkyBridge Capital, said on Tuesday that his company will move around $300 million from two funds into tokenized form on the blockchain. This is about 10% of SkyBridge’s total assets under management.

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US banking agency leaders will soon have a chance to reshape state regulation of stablecoins under landmark legislation President Donald Trump signed into law

The Stablecoin Certification Review Committeeβ€”led by the Treasury secretary and including the chairmen of the Federal Reserve and the Federal Deposit Insurance Corp.β€”will have to determine whether disparate state frameworks are β€œsubstantially similar” to the federal regime for stablecoin issuers.

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SoFi to become first US bank to integrate Bitcoin Lightning, UMA

SoFi Technologies will leverage the Bitcoin network under a partnership with Lightspark to better compete in the $740 billion global remittance market.

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Bitcoin withdrawals have also slowed, with CEXs seeing a net inflow of 2,364.99 BTC over the past 24 hours.

According to Coinglass data, CEXs saw a cumulative net inflow of 2,364.99 BTC over the past 24 hours. The top three CEXs by inflows are as follows:

Β· Binance saw a net inflow of 1,945.80 BTC;
Β· Bitfinex saw a net inflow of 1,586.08 BTC;
Β· Kraken saw a net inflow of 1,272.34 BTC.

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The current mainstream CEX, DEX funding rate display has shifted to a bearish market.

According to Coinglass data, the current mainstream CEX and DEX funding rate indicates the market has turned bearish.
BlockBeats Note: The funding rate is a fee set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, usually applied to perpetual contracts. It is a mechanism for fund exchange between long and short traders, with the trading platform not charging this fee, used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price.

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Market News: Plasma Partners with Binance; First Depositors to Receive 1% of Plasma Protocol Tokens

According to market news, the stablecoin project Plasma has partnered with Binance. USDT on Binance's Easy Earn app will be supported for deposits and yield. Binance will also provide 1% of Plasma Protocol Tokens to the first depositors.

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U.S. Stock Market Hours: Cryptocurrency Stocks Experience Widespread Decline, ETHZilla Plunges 14%

According to market data, the U.S. stock market saw an expanded decline during intraday trading, with the S&P 500 index dropping by 0.6% and the Nasdaq falling by an extended 1.3%. U.S. stock cryptocurrency shares generally turned downwards, including:

Circle (CRCL) down 4.2%;
Coinbase (COIN) down 3.2%;
MicroStrategy (MSTR) down 2.8%;
SharpLink Gaming (SBET) down 0.1%;
Bitmine Immersion (BMNR) down 1.6%;
CEA Industries (BNC) down 7.8%;
ETHZilla (formerly 180 Life Sciences) plunging by 14%.

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