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Quick Take Summary is AI generated, newsroom reviewed. BlackRock's Ethereum ETF (ETHA) executed a large $154.2 million ETH purchase via Coinbase Prime, as confirmed by Arkham Intelligence on-chain data. This represents one of BlackRock's largest Ethereum acquisitions recently, reinforcing its active presence in the digital asset space since the ETH ETF approvals. The accumulation signals institutional confidence in Ethereum's long-term investment case, driven by its role as a backbone for DeFi and ongoing
After softening its stance on cryptocurrencies, the new chairman of the US SEC is promoting a "minimum effective dosage" regulatory philosophy. This not only echoes Trump’s pro-business policies, but also includes plans to eliminate mandatory quarterly reports and allow companies to use semi-annual reports instead.
Pakistan's Prime Minister says crypto and AI are key tools for the country’s digital future.Crypto and AI Recognized at the TopA New Digital Vision for PakistanWhat It Means for Crypto in the Region
- 08:59Data: A certain whale deposited $7 million USDC into HyperLiquid and opened 3x short positions on XPL, ASTER, and APEX.According to ChainCatcher, monitored by Onchain Lens, a certain whale deposited 7 million USDC into HyperLiquid and opened short positions on XPL, ASTER, and APEX with 3x leverage. This whale has been gradually increasing their short positions and has staked 1,000 HYPE, worth 45,000 USD. Risk Warning
- 08:38USDT supply on the Spark platform has surged from $25 million at the end of July to nearly $550 million.ChainCatcher News, according to official data from Sentora, the supply of USDT on the Spark platform has seen a significant increase over the past few months, surging from 25 million USD to nearly 550 million USD at present.
- 08:16PayPal Head of Capital Markets appointed as Hyperion DeFi CFOAccording to Jinse Finance, Bloomberg reported that David Knox, Head of Capital Markets at PayPal, has left the company to join digital asset treasury firm Hyperion DeFi as Chief Financial Officer. It is reported that Hyperion DeFi is a US-listed company dedicated to the long-term strategic reserve of Hyperliquid's native token HYPE.