News & Research

Eric Trump, the second son of U.S. President Donald Trump, stated that Bitcoin will without a doubt surpass $1 million, according to Bitcoin Magazine. He made the remarks at the Bitcoin Asia 2025 conference in Hong Kong.

Socios.com, the sports token platform under Chiliz (CHZ), announced it has received provisional approval for the European Union's Markets in Crypto-Assets (MiCA) regulation from the Malta Financial Services Authority (MFSA).

Cryptocurrency financial services firm Galaxy Digital has withdrawn 120 BTC, worth $13.2 million, from one of its wallets, according to CryptoQuant analyst Maartunn. The same address also moved 145 BTC ($16.21 million) yesterday. Maartunn noted that while the individual amounts are not large, the frequency of the transfers is noteworthy. In July, Galaxy Digital was involved in a controversial sale of 80,000 BTC on behalf of an anonymous early Bitcoin holder, which triggered a short-term market correction.

Although Binance has traditionally been viewed as a retail-focused exchange, its use by whale investors has surged since the beginning of 2024, according to a CryptoQuant contribution by cryptocurrency analyst maartunn. The analyst noted that the average BTC inflow per transaction on Binance, based on a seven-day moving average, was just 0.8 BTC at the start of last year but has since risen to 13.5 BTC.

An anonymous whale has transferred 8 million FORM tokens ($29.8 million) to exchanges within the past hour, according to on-chain analyst EmberCN. Of that amount, 5 million FORM were deposited to Binance and 3 million to Gate.io. Such large inflows to exchanges are typically viewed as a signal of potential selling activity. The whale still holds 22.03 million FORM.

The speculative fervor surrounding AI agent tokens has subsided, but the underlying technology continues to advance, according to a new report from Tiger Research, an Asia-based Web3 research and consulting firm. The firm noted that while the crypto industry has integrated AI in many ways, the AI agent sector initially garnered the most attention, with the market capitalization for these tokens once reaching $16 billion. However, this interest faded as the technological development of most projects failed to meet expectations, leading to a price collapse of more than 90% from their peak. Tiger Research emphasized that this price decline does not signify a technological regression, stating that AI agents remain a crucial field within the crypto industry as discussions on practical applications become more concrete and new approaches are continually explored.

Binance resumed trading on its USDT and USDC perpetual futures markets at 6:38 a.m. UTC. The resumption came 21 minutes after an error occurred.

Trading on Binance's USDT- and USDC-margined perpetual futures was abruptly halted at approximately 6:17 a.m. UTC on Friday. The outage affects both the exchange's web and mobile app platforms.

Tron (TRX) network fees will be reduced by 60% starting at 12:00 p.m. UTC on Aug. 29, founder Justin Sun announced on X. The decision follows a community vote. The Tron community plans to adjust network fees on a quarterly basis in the future, taking into account factors such as TRX price changes and network activity levels.

The 24-hour long/short position ratios for BTC perpetual futures on the world's top three cryptocurrency futures exchanges by open interest are as follows: Overall: 41.19% long / 50.81% short 1. Binance: 47.8% long / 52.2% short 2. Bybit: 49.63% long / 50.37% short 3. Gate.io: 50.12% long / 49.88% short