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South Korean exchange Bithumb announced it will temporarily suspend MEGA deposits and withdrawals starting at 12:00 a.m. UTC on Aug. 25.

Laser Digital, the digital-asset subsidiary of Japan’s Nomura Group, has completed registration as a cryptocurrency business operator with Japanese regulators, Crypto Briefing reported. The registration allows the company to begin building a crypto business for institutional clients in Japan. The move came shortly after Japan’s parliament approved a bill to broadly overhaul cryptocurrency regulations and the tax framework.

Ki Young Ju, CEO of CryptoQuant, said the current BTC trend remains fairly resilient and that this kind of rebound in a bear market is typically seen as a sign the bottom has formed. Ki added that while a temporary pullback is possible, the bear market appears to be effectively over.

U.S. spot Solana ETFs saw $14.59 million in net inflows, the largest daily total in the past three weeks, Crypto Briefing reported.

XRP has fallen by 2.74% in the past five minutes on the COINNESS market. Currently, XRP is trading at $1.35.

According to CoinNess market monitoring, BTC has fallen below $78,000. BTC is trading at $77,786.35 on the Binance USDT market.

Strategy (MSTR) rose more than 11% in premarket trading, with the stock price climbing above $125.

Major exchanges have seen $258 million worth of futures liquidated in the past hour. In the past 24 hours, $1,393 million worth of futures have been liquidated.

According to CoinNess market monitoring, BTC has risen above $79,000. BTC is trading at $79,080.09 on the Binance USDT market.

An over-the-counter trading address linked to Galaxy Digital deposited 55,990 HYPE, worth about $4.15 million, to Gate a few minutes ago, according to Onchain Lens. The transfer was estimated to be intended for a sale.

According to CoinNess market monitoring, BTC has risen above $78,000. BTC is trading at $78,057.63 on the Binance USDT market.

An anonymous whale deposited 772,470 LINK, worth about $8.91 million, with Galaxy Digital and Cumberland. Such transfers are typically seen as positioning for a sale.

Major exchanges have seen $100 million worth of futures liquidated in the past hour. In the past 24 hours, $1,269 million worth of futures have been liquidated.

According to CoinNess market monitoring, BTC has risen above $77,000. BTC is trading at $77,000 on the Binance USDT market.

Cryptocurrency investors in Brazil outnumber stock investors by about 2.7 times, with 17.2% of respondents saying they had invested in crypto versus 6.4% for stocks, Bitcoin.com reported, citing a survey by local research firms Paradigma and Datafolha. The survey of 2,004 people estimated Brazil has about 29 million crypto investors. Among investment vehicles, crypto ranked fifth behind savings, real estate, cash holdings and investment funds, while placing ahead of time deposits at banks at 15.1%, foreign currencies at 14% and gold at 9.8%. Among crypto investors, 83% said they bought or held crypto through banking apps, while 26% used self-custody wallets and 20% used exchanges. The survey was conducted across 137 Brazilian municipalities from May 11 to May 14.

South Korean exchange Bithumb said it placed BounceBit (BB), Gala (GALA) and SUNDOG on a delisting watchlist. The exchange said the designation reflects inadequate disclosure of key matters that could materially affect the assets’ value by the issuing or operating entities, as well as confirmed security incidents including hacking.

BitMEX co-founder Arthur Hayes said in an interview with crypto journalist Laura Shin that Ethereum is now the largest position in his portfolio outside Bitcoin. Hayes said ETH, despite having the second-largest market capitalization, is a major cryptocurrency that has yet to surpass its 2021 all-time high. He added that, compared with other cryptocurrencies, ETH carries a much lower risk of falling to zero, making it suitable for large-scale investment. Hayes said its relatively weaker performance in the last cycle leaves substantial room for catch-up, and if it breaks above $3,000, the rally could gain real momentum and quickly push past $5,000.

South Korean exchanges Upbit, Bithumb and Coinone announced the designation of MANTRA on a delisting watchlist.

Garrett Jin, the founder of fraudulent cryptocurrency exchange BitForex, has moved into profit on a 1,268 BTC long position worth $97 million that Jin has held for more than three months as Bitcoin rose, according to Lookonchain. The position at one point showed more than $22 million in unrealized losses, but is now recording more than $500,000 in unrealized gains.

Crypto remains in an adolescent stage despite weak prices, though opportunities for real-world use are greater than ever, John Nahas, chief business officer at Ava Labs, the developer of Avalanche (AVAX), said, according to The Block. Citing corporate payments, government-level blockchain adoption and World Cup ticketing as examples, Nahas said the industry is now belatedly following the real-world use cases Avalanche has long focused on.

An anonymous whale address starting with bc1qsy deposited an additional 3,000 BTC ($225.67 million) to Binance over the past two hours, according to Lookonchain. Exchange deposits are typically interpreted as being intended for selling. Since July 19, the address has deposited a total of 12,513.5 BTC ($850 million) to Binance.

Strategy, the largest corporate holder of Bitcoin, has moved back into profit on its BTC holdings amid Bitcoin’s recent short-term rally. According to the company’s official website, Strategy currently holds 840,447 BTC at an average purchase price of $75,385, implying about $937 million in unrealized gains at a Bitcoin price of $76,500.

ZEC has risen by 3.06% in the past five minutes on the COINNESS market. Currently, ZEC is trading at $644.04.

A whale address beginning with 0x268, which had been buying Ethereum and Bitcoin with leverage, has started taking profits by selling part of its ETH holdings, on-chain analyst ai_9684xtpa said on X. The address withdrew a total of 79,226.49 ETH, worth about $140 million, from Binance in July and August at an average price of $1,776.83. Since Aug. 19, it has deposited 10,887.15 ETH, worth about $24.16 million, to exchanges. If all of that amount is sold, the estimated profit would be about $4.817 million. All stablecoins secured from the ETH already sold were used to repay a Spark (SPK) loan. The address currently has 47,889 wstETH and 1,200 WBTC posted as collateral and has borrowed 83.67 million USDS.

LINK has risen by 3.93% in the past five minutes on the COINNESS market. Currently, LINK is trading at $11.8.