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Circle minted $1 billion worth of USDC on Solana over the past 24 hours, according to SolanaFloor.

Two whale wallets believed to be controlled by the same entity closed Bitcoin long positions held for about two months around an hour ago, locking in $11.6 million in profit. The two addresses were said to have opened 300 BTC long positions each in early July, then exited the positions in three transactions during the same period today. According to CoinMarketCap, BTC was trading at $80,615.88, up 4.52%, at the time of writing.

Japan’s Financial Services Agency has asked the finance ministry for ¥40 billion ($270 million) in its fiscal 2027 budget to strengthen digital capabilities in financial administration, local media including Kyodo News reported on Aug. 24. The request is about 60% higher than the fiscal 2026 budget. The agency’s initial budget request for fiscal 2027 includes plans to build an AI-based market surveillance and monitoring system and support a transition to post-quantum cryptography, according to the reports. It also includes measures to strengthen oversight of cryptocurrency service providers and increase specialist staffing for cyber security and advanced AI-related risk responses.

U.S. spot Ethereum ETFs recorded $115.57 million in net inflows on Aug. 24, according to SoSoValue, extending the streak to six consecutive trading sessions. No ETF posted net outflows. - BlackRock ETHA: +$90.92 million - Grayscale ETH: +$12.50 million - Fidelity FETH: +$6.76 million - Bitwise ETHW: +$880,000 - VanEck CBOE: +$4.51 million

U.S. spot Bitcoin ETFs recorded net inflows of $337.56 million on Aug. 24, marking a sixth consecutive trading day of net inflows, according to SoSoValue. No ETF posted net outflows. - BlackRock IBIT: +$208.93 million - Fidelity FBTC: +$104.57 million - Grayscale BTC: +$16.36 million - Bitwise BITB: +$3 million - VanEck HODL: +$3.34 million - Morgan Stanley MSBT: +$1.36 million

Bitcoin’s recent rally suggests investment capital concentrated in AI-related stocks is beginning to flow out, BeInCrypto reported. Bill Miller IV, CIO of Miller Value Partners and a hedge fund veteran, told CNBC that as doubts grow over returns from AI-related stocks, long-term investors are turning back to crypto. Miller added that Bitcoin is drawing not only capital previously allocated to AI investments but also rising attention as a structural hedge against growing government debt and a weaker dollar. Miller said the U.S. fiscal deficit, at $1.8 trillion this year, now exceeds Bitcoin’s market capitalization.

An address believed to be tied to Chinese investment firm Longling Capital, starting with 0x2a2b, deposited 65 million WLFI worth $3.79 million into Binance, EmberCN reported. Exchange deposits are typically interpreted as intended for selling.

Japan-listed Bitcoin treasury company Metaplanet deposited 1,000 BTC worth $79.77 million to Coinbase Prime an hour ago, according to Lookonchain. While exchange deposits are typically interpreted as a sign of potential selling, Coinbase Prime is a prime brokerage platform offering trading, custody, and financing services for institutional investors, indicating the transfer may have had other purposes as well. Metaplanet holds a total of 43,000 BTC, with an average purchase price of $96,191.

Strategy’s unrealized gain on its Bitcoin holdings has surpassed $4.01 billion as Bitcoin rises. The company currently holds 840,447 BTC with an average purchase price of $76,029.

Blockchain analytics firm TRM Labs said Iran’s Mabna Institute has moved about $16.8 million worth of cryptocurrency since 2018 using 30 Bitcoin, Ethereum (ETH), and TRON (TRX) addresses. Mabna is currently accused of leading organized hacking-for-hire campaigns on behalf of Iran’s Islamic Revolutionary Guard Corps (IRGC) and other Iranian clients. TRM Labs added that U.S. prosecutors have charged 17 members of the group and alleged five of them took part in the HBO hack, in which about $6 million worth of Bitcoin was demanded as ransom.

Zcash (ZEC) has climbed to 10th among all cryptocurrencies by market capitalization, overtaking Dogecoin (DOGE). According to CoinMarketCap, ZEC’s market cap currently stands at $14.48 billion, while ZEC was trading at $859.74, up 68.43% over the past seven days.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $335.38 million liquidated (83.94% shorts) - ETH: $151.68 million liquidated (74.62% shorts) - SOL: $22.57 million liquidated (68.59% shorts)

Taiwanese singer Jeffrey Huang, also known as Machi Big Brother, has increased collateral 200-fold and still holds more than $100 million in long positions, according to Lookonchain. An address believed to belong to Huang, starting with 0x020cA, currently holds a 23,350 ETH long position worth $59 million on 25x cross margin and a 668 BTC long position worth $54 million on 40x cross margin. The average entry prices are $2,429.61 for ETH and $79,291.6 for BTC, with liquidation prices at $2,084.39 and $65,541.33, respectively. Lookonchain said Huang’s collateral had at one point fallen to under $60,000 after a series of liquidations. The estimated collateral now stands at $11.62 million.

Binance’s BTC holdings in its SAFU fund, which was launched as a user protection fund, are currently showing a 21.5% return, on-chain analyst ai_9684 xtpa said. The Binance SAFU fund bought 15,000 BTC in February, and based on the fact that it deployed $1 billion at the time, the implied average purchase price comes to $66,666. With BTC now at $81,000, the gain stands at 21.5%.

CryptoQuant Head of Research Julio Moreno said Bitcoin’s final resistance, or “final boss,” stands at the 365-day moving average on the daily chart at $83,000. BTC was trading at $80,868, up 2.38% from yesterday.

Binance.US has added Apple Pay and Google Pay as payment methods for cryptocurrency purchases, Binance founder Changpeng Zhao said. Binance.US added, "이제 암호화폐 구매는 모닝커피를 사는 것만큼 쉬워졌다".

The Blockchain Association, a U.S. crypto lobbying group, has submitted a comment letter supporting federal rulemaking under the GENIUS stablecoin law, according to The Block. The letter was sent to the Federal Reserve, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corp., and argued that overlapping regulation should be avoided, including by limiting KYC requirements to direct transactions between issuers and customers. The GENIUS law requires businesses seeking to issue payment stablecoins in the United States to obtain federal or state authorization in principle, and also restricts the circulation in the U.S. of stablecoins issued by overseas issuers that do not meet certain requirements. The law has already been enacted, and relevant agencies including the Treasury Department are now drawing up implementing rules needed to apply it in the market. The U.S. Treasury Department had previously released a draft of those rules and begun gathering public feedback.

Bitcoin is shifting from an early peer-to-peer electronic currency into global digital capital infrastructure, Strategy founder Michael Saylor said in a post on X titled 'The Bitcoin Reformation.' Saylor said BTC is being widely adopted by individuals, funds, listed companies, banks, custodians, exchanges, and governments. While self-custody was previously seen as the only way to hold Bitcoin, Saylor said investors can now gain exposure through spot ETFs, bonds, preferred stock, and derivatives. Looking ahead, Saylor said BTC is more likely to coexist with fiat currencies as issuerless global liquid capital than replace them as everyday payment tools, while becoming integrated with banking, securities, and credit to form a financial system. Saylor added the next phase of the BTC ecosystem will be the expansion of digital capital markets, with a reform trend centered on integration with institutional finance set to accelerate.

Fundstrat and Bitmine are betting Ethereum will become the dominant blockchain infrastructure for tokenization and artificial intelligence within 10 years, Bitmine Chairman Tom Lee said on the crypto podcast Bankless. He said, "We are betting everything in tokenization and AI will happen on Ethereum," and added Bitmine’s legacy would help support Ethereum’s future. Lee also said the case for Ethereum overtaking Bitcoin was plausible and that returns for Bitmine shareholders could reach unprecedented levels regardless of how high ETH rises.

BTC has risen by 1.52% in the past five minutes on the Binance USDT market. Currently, BTC is trading at $81,042.37.

According to CoinNess market monitoring, BTC has risen above $81,000. BTC is trading at $81,042.37 on the Binance USDT market.

Major exchanges have seen $190 million worth of futures liquidated in the past hour. In the past 24 hours, $591 million worth of futures have been liquidated.

BTC rose above $80,000, trading at $80,731.01 on Binance’s USDT trading pair, according to CoinNess market monitoring. It was the first time Bitcoin had reclaimed the $80,000 level since May 15, ending a 102-day stretch below that threshold.

Coinbase’s Bitcoin premium index turned positive at +0.0032% on Aug. 24 for the first time in 98 days, according to CoinGlass, pointing to signs of recovering BTC buying demand in the U.S. market. The index, which measures the Bitcoin price gap between Coinbase and global exchanges, had posted a negative premium for 97 straight days starting May 19, setting a record for the longest such streak. A sustained negative reading indicates BTC buying demand in the U.S. market is relatively weaker than in global markets. As of Aug. 25, however, the Coinbase BTC premium had slipped back to -0.0141%, returning to negative territory.

F2Pool co-founder Wang Chun sold another 6,609 ETH about 10 hours ago, worth $16.63 million, EmberCN reported. Following the recent price rise, cumulative sales reached 23,378 ETH at an average selling price of about $2,355.