Solana’s Alpenglow Proposal Seeks to Transform Validator Economics and Enhance Network Efficiency

Solana’s Alpenglow proposal aims to enhance network performance by replacing its TowerBFT consensus mechanism, leading to shorter transaction finality and improved validator economics. Alpenglow directly alters validator incentives to promote

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China Merchants Bank subsidiary launches crypto exchange in Hong Kong

A China Merchants Bank subsidiary launched a Hong Kong-based crypto exchange for professional investors after securing a virtual asset service provider license.

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Crypto Markets Brace for Impact as Inflation Data Shakes Confidence

Investors anticipated prolonged crypto growth before latest PPI data shifted perspectives. ETH struggles below ATH, critical supports key to future upward trends. Continue Reading: Crypto Markets Brace for Impact as Inflation Data Shakes Confidence The post Crypto Markets Brace for Impact as Inflation Data Shakes Confidence appeared first on COINTURK NEWS .

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Whale Short Position on ETH Exceeds $57 Million Amid $21.6 Million Loss

COINOTAG News reported on August 18 that, based on @HyperInsight’s tracking, a significant investor holding the address 0x20c2d9…44f5 has recently taken a notable position in Ethereum (ETH). Earlier today, this

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BNB Acquisition: BNB Network Company’s Bold Move to Boost Holdings

BitcoinWorld BNB Acquisition: BNB Network Company’s Bold Move to Boost Holdings The cryptocurrency world is buzzing with news of a significant BNB acquisition . BNB Network Company (Nasdaq: BNC), the dedicated treasury arm of CEA Industries, has made headlines by announcing the purchase of an additional 125,000 BNB tokens. This strategic move dramatically increases their total holdings to a staggering 325,000 BNB, solidifying their position in the digital asset landscape. This announcement, detailed in a recent Globe Newswire press release, highlights a clear commitment to their long-term BNB Chain strategy, aiming to establish themselves as a dominant force in the blockchain space. What Drives This Significant BNB Acquisition? You might be wondering, why such a large BNB acquisition ? BNB Network Company has a clear, forward-looking vision. The firm explicitly stated that this expansion directly supports its BNB Chain strategy. Essentially, by holding a substantial amount of BNB, they are strengthening their foundational stake in the ecosystem. This isn’t just about accumulating digital assets; it’s about actively participating in, and influencing, the future development and governance of the BNB Chain. Moreover, this purchase strategically positions BNB Network Company as the largest corporate treasury holding BNB tokens. This distinction is crucial in the rapidly evolving cryptocurrency market. It sends a strong signal of confidence and conviction in the utility, scalability, and future growth potential of the BNB Chain. Such a move can attract further institutional interest and potentially encourage more corporate entities to explore similar digital asset strategies. This deep commitment showcases a belief that the BNB Chain will continue to be a vital platform for decentralized applications, smart contracts, and Web3 innovations. Their investment aligns with the network’s long-term roadmap, suggesting a symbiotic relationship where the company’s treasury supports the chain’s growth, and the chain’s success enhances the value of their holdings. BNB Network Company’s Bold Move: Boosting Holdings The latest BNB acquisition of 125,000 tokens is not an isolated event; it builds upon their existing, already considerable treasury. Before this recent purchase, the company held a substantial amount of BNB. Adding another 125,000 brings their total to an impressive 325,000 BNB, marking a significant and strategic increase in their digital asset portfolio. This proactive and aggressive accumulation underscores their dedication to becoming a pivotal player and a leading corporate holder within the BNB ecosystem. This bold financial maneuver reflects a broader, accelerating trend of traditional companies exploring and investing heavily in digital assets. However, BNB Network Company’s scale of investment, particularly concentrating on a single, high-profile asset like BNB, truly sets them apart. They are not merely dabbling in crypto; they are making a profound, long-term commitment that has the potential to influence wider market dynamics and set a precedent for corporate treasury management in the digital age. Their decision to publicly announce this significant holding via Globe Newswire also adds a layer of transparency and confidence. It allows investors and the broader market to understand their strategic direction and the depth of their commitment to the BNB ecosystem. The Broader Impact of Corporate BNB Holdings When a major entity like BNB Network Company undertakes such a significant BNB acquisition , it inevitably sends positive ripples through the entire cryptocurrency market, and especially within the BNB Chain community. Large-scale corporate holdings like these can contribute significantly to market stability by effectively taking a substantial portion of the circulating supply out of immediate speculative trading. This institutional backing also lends immense credibility to the asset, demonstrating a strong vote of confidence in its long-term value and practical utility. For the BNB Chain itself, this acquisition is a powerful endorsement. It strongly suggests that major institutional players perceive tangible, long-term value in its underlying technology, its vibrant developer community, and its expansive ecosystem. This endorsement could encourage further innovation, increased developer activity, and broader user adoption across the BNB Chain, benefiting all participants, from decentralized application (dApp) developers to individual end-users engaging with various DeFi protocols. Furthermore, increased holdings could grant BNB Network Company a more substantial voice in any future governance proposals or strategic directions related to the BNB Chain, assuming such decentralized governance mechanisms are in place or continue to evolve. This active and influential participation could lead to more robust, secure, and well-governed blockchain development, fostering a healthier and more sustainable ecosystem. What’s Next for BNB Network Company and the BNB Chain? With this substantial BNB acquisition , BNB Network Company is clearly charting an ambitious and influential course within the digital asset space. Their stated strategy points towards deeper integration and enhanced influence within the BNB Chain. We can anticipate that their expanded treasury will play a multifaceted role in various initiatives, potentially including: Ecosystem Support: Actively supporting the growth and development of decentralized applications (dApps) and projects built on the BNB Chain through investments or grants. Yield Generation: Participating in staking, lending, or other yield-generating activities to further grow their BNB holdings and contribute to network security. Governance Influence: Leveraging their significant holdings to participate in and influence key governance decisions that will shape the future trajectory of the BNB Chain. Strategic Partnerships: Facilitating new partnerships or ventures that strategically leverage their BNB assets to expand the utility and reach of the BNB Chain. This development is a compelling testament to the growing maturity of the cryptocurrency market, where large corporations are no longer just observing from the sidelines but are actively participating in and shaping its future. It highlights the increasing recognition of digital assets as legitimate, strategic, and valuable components of modern corporate treasuries, moving beyond mere speculative interest. In conclusion, BNB Network Company’s impressive BNB acquisition of an additional 125,000 tokens is far more than a simple financial transaction; it’s a powerful statement of intent and a strategic positioning maneuver. By bringing their total holdings to 325,000 BNB, they are unequivocally establishing themselves as a pivotal player and a leading corporate treasury in the BNB Chain ecosystem. This bold move underscores their profound confidence in the future of decentralized finance and the enduring potential of blockchain technology, setting a compelling precedent for deeper and more substantial corporate engagement in the dynamic digital asset space. Frequently Asked Questions (FAQs) What is BNB Network Company? BNB Network Company (Nasdaq: BNC) is the treasury arm of CEA Industries, a firm that manages significant digital asset holdings, including BNB tokens, as part of its strategic investment portfolio. How many BNB tokens does BNB Network Company now hold? Following their latest purchase of 125,000 BNB, BNB Network Company now holds a total of 325,000 BNB tokens. Why did BNB Network Company acquire more BNB? The company stated that the acquisition supports its BNB Chain strategy, aiming to strengthen its position and become the largest corporate treasury holding BNB tokens. This move signifies a deep commitment to the BNB ecosystem. What is the significance of this BNB acquisition for the BNB Chain? This significant corporate holding lends credibility to the BNB Chain, signals institutional confidence, and could lead to increased market stability, further development, and broader adoption within the ecosystem. Does this reflect a broader trend in corporate crypto holdings? Yes, BNB Network Company’s substantial investment reflects a growing trend of traditional corporations exploring and integrating digital assets into their treasury management strategies, recognizing their long-term value and strategic potential. Did you find this deep dive into BNB Network Company’s latest move insightful? Share this article with your network on social media to spread awareness about significant corporate developments in the crypto space! To learn more about the latest crypto market trends, explore our article on key developments shaping BNB Chain institutional adoption. This post BNB Acquisition: BNB Network Company’s Bold Move to Boost Holdings first appeared on BitcoinWorld and is written by Editorial Team

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Shiba Inu (SHIB) Faces Critical Weeks Ahead as Support Levels Test Potential Price Shifts

Shiba Inu (SHIB) is currently trading at $0.0000126, facing thin support at $0.0000120. If it breaks this level, it may drop significantly, potentially adding another zero to its price. Current

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Bybit Private Wealth Management’s Standout USDT Yield Strategy Set New Bar in July

BitcoinWorld Bybit Private Wealth Management’s Standout USDT Yield Strategy Set New Bar in July DUBAI, UAE, Aug. 18, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, concluded a record-breaking month in its Private Wealth Management (PWM) unit, revealed in the latest Bybit PWM newsletter for July 2025. Capturing the rapid tides of crypto and global markets in July, Bybit PWM delivered exceptional results with average APR across all funds surging over 160% month on month. The standout achievement came from its flagship high-yield USDT-based strategy, which generated an impressive 19.77% APR , demonstrating the power of strategic asset allocation in volatile markets. “In July, BTC’s new highs, strong inflows to ETH ETFs and positive regulatory developments energized the markets. Bybit PWM was able to reap the benefits of the movements and achieve demonstrable returns for our clients,” said Jerry Li, Head of Financial Products & Wealth Management at Bybit . “While crypto’s long-term potential remains promising, we are staying alert: regulatory signals and rapid news cycles remain game-changers—but solid fundamentals and growing institutional participation suggest brighter days ahead.” Bybit PWM turns seasoned analysts’ and investing professionals’ trading expertise into measurable yield for high-networth investors. With sophisticated product and strategy offerings, the trusted service has achieved over $200 million in subscription volume. Fig. 1 Strategy Return Trend Launched in December 2024, Bybit PWM empowers visionary wealth builders who prioritize smart strategy over quick wins. The division’s expert team—seasoned veterans in quantitative trading, asset management, risk control, and blockchain innovation—crafts resilient portfolios designed to capture lasting value in the dynamic digital asset landscape. For details of Bybit PWM’s July performance, users may visit: Bybit Private Wealth Management: May 2025 Newsletter #Bybit / #TheCryptoArk About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube This post Bybit Private Wealth Management’s Standout USDT Yield Strategy Set New Bar in July first appeared on BitcoinWorld and is written by chainwire

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Bybit Private Wealth Management's Standout USDT Yield Strategy Set New Bar in July

DUBAI, UAE, Aug. 18, 2025 /PRNewswire/ -- Bybit , the world's second-largest cryptocurrency exchange by trading volume, concluded a record-breaking month in its Private Wealth Management (PWM) unit, revealed in the latest Bybit PWM newsletter for July 2025. Capturing the rapid tides of crypto and global markets in July, Bybit PWM delivered exceptional results with average APR across all funds surging over 160% month on month. The standout achievement came from its flagship high-yield USDT-based strategy, which generated an impressive 19.77% APR, demonstrating the power of strategic asset allocation in volatile markets. "In July, BTC's new highs, strong inflows to ETH ETFs and positive regulatory developments energized the markets. Bybit PWM was able to reap the benefits of the movements and achieve demonstrable returns for our clients," said Jerry Li, Head of Financial Products & Wealth Management at Bybit. "While crypto's long-term potential remains promising, we are staying alert: regulatory signals and rapid news cycles remain game-changers—but solid fundamentals and growing institutional participation suggest brighter days ahead." Bybit PWM turns seasoned analysts' and investing professionals' trading expertise into measurable yield for high-networth investors. With sophisticated product and strategy offerings, the trusted service has achieved over $200 million in subscription volume. Fig. 1 Strategy Return Trend Launched in December 2024, Bybit PWM empowers visionary wealth builders who prioritize smart strategy over quick wins. The division's expert team—seasoned veterans in quantitative trading, asset management, risk control, and blockchain innovation—crafts resilient portfolios designed to capture lasting value in the dynamic digital asset landscape. For details of Bybit PWM's July performance, users may visit: Bybit Private Wealth Management: May 2025 Newsletter #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit's Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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Crypto market cap dips below $4 trillion as correction follows record week

The total crypto market cap dropped to $3.9 trillion on Monday, wiping out gains from the previous week when it had soared past historic highs. The fall was driven by a 2.2% slide in Bitcoin, which landed around $115,000, and a 4% pullback in Ether, which sank below $4,300. Both had rallied hard last week, with Bitcoin smashing a new all-time high of $125,514 four days ago, while Ethereum came within $100 of its November 2021 record. The rally was backed by massive institutional interest from crypto treasury firms. The most aggressive of them all is Strategy , which now owns nearly $73 billion worth of Bitcoin. Saylor hasn’t sold a single token since the company started collecting in 2020, making it the biggest Bitcoin holder on earth. Others followed his lead fast, including Metaplanet , a Japanese hotel company that pivoted into Bitcoin and stacked up $2.2 billion. That bet is now down 50% since mid-June. Crypto treasury firms plan billions in new token buys The obsession with converting random companies into crypto buyers has grown so extreme that even those behind the trend are starting to panic. So far this year, digital-asset treasury firms have announced plans to raise $79 billion just to buy Bitcoin, according to figures from Architect Partners. And that’s not even counting the $25 billion more they’re setting aside for smaller coins like Solana, TON, and Ether . While the strategy gave a short-term boost to altcoins, especially after April, there’s growing fear that it could flip fast. If these companies see their stock prices fall too far below the value of their crypto holdings, they might start dumping their coins. That’s the kind of move that could trigger a wide sell-off. Akshat Vaidya, who runs Maelstrom, the family office of Arthur Hayes, said: “I think the collapse of a major DAT is going to set the dominoes in motion for this bull cycle to end.” Akshat has invested in three public companies that turned into crypto treasuries and says some of those bets are already showing cracks. Upexi , one of the companies Akshat backed, pivoted to Solana earlier this year. It’s now lost around two-thirds of its value since April. Even Metaplanet, still holding its Bitcoin, has been hit hard by market pressure, dropping 50% since June. But the crash hasn’t triggered panic selling yet. That’s mostly because Bitcoin remains less volatile than altcoins, and its liquidity makes it easier to hold through short-term pain. Altcoins show cracks as market-watchers track mNAV drops The real risk right now sits with the smaller tokens. Michael Novogratz, CEO of Galaxy Digital, said last Tuesday that the gold rush for creating new treasury firms “has likely peaked” and new players might “have a harder time getting oxygen.” It’s already showing. A key index tracking smaller crypto tokens has crashed 15% since July 22 and has now completed three separate 55% swings this year alone. An analysis from Architect Partners looked at 30 companies that pivoted to crypto and found that their average gain since announcing the move was just 3%. But once the spike on announcement day is removed, that number drops to minus 11%. It’s not pretty. Investors who thought they were jumping into a new rally are now stuck underwater. The key figure everyone’s watching is market-adjusted NAV, called mNAV. It compares the value of the company to the value of its crypto holdings. Once that figure falls below 1, it means the company is worth less than the coins it owns, and pressure to sell builds fast. Metaplanet’s mNAV is currently at 2.39, and Upexi sits at 1.7, for now. But it’s not just the market pulling companies down. Some are getting hit because insiders are cashing out. Akshat Vaidya said bankers arranging these treasury conversions are rushing to push out as many as possible to rack up fees, without caring about the quality. In some cases, insiders have been loading up on shares and tokens before going public with the news, then dumping everything after the announcement to lock in profits. After these, companies filed standard paperwork to register those shares, and the stocks fell off a cliff. Get seen where it counts. Advertise in Cryptopolitan Research and reach crypto’s sharpest investors and builders.

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Circle Mints $1.25B USDC on Solana in 7 Days, Hits $24B in 2025 — Here’s Why It Matters

Circle has minted $1.25 billion worth of USD Coin (USDC) on the Solana blockchain in just the past seven days, lifting its total issuance on the network to $24 billion in 2025. The surge underscores Solana’s growing role as a settlement layer for stablecoins and highlights Circle’s dominance as the issuer of choice in one of crypto’s fastest-expanding sectors. DATA: @Circle minted 1.25 billion $USDC on @Solana in the last 7 days, bringing the 2025 total to $24 billion. pic.twitter.com/pijwBSgGuW — SolanaFloor (@SolanaFloor) August 18, 2025 Solana Stablecoin Market Cap Hits $11.6B as USDC Dominates With 72% Share According to DeFiLlama data, the stablecoin market cap on Solana has climbed to $11.6 billion, with USDC commanding a striking 72.2% share, or about $8.38 billion. That dominance not only demonstrates Circle’s early bet on Solana, where USDC was natively integrated rather than wrapped, but also reflects the token’s broad use across decentralized exchanges like Orca and Raydium, lending platforms such as Solend, and payment applications. Source: DeFiLlama Over the past week alone, Solana’s stablecoin supply grew by more than $550 million, a 5% rise that points to fresh inflows of capital and confidence. USDC’s peg has also remained remarkably tight, deviating by only 0.02% from its $1 value, reinforcing its reputation as one of the most reliable stable assets in crypto. That stability is particularly significant in an ecosystem where rivals are showing more mixed performance. Tether, still the largest stablecoin globally, maintains an 18% share of Solana’s market with about $2.05 billion in circulation, but its supply on the network has been shrinking, down more than 11% over the past month. By contrast, PayPal’s PYUSD, First Digital USD (FDUSD), and newer entrants like Global Dollar (USDG) and Ondo’s yield-bearing USDY are beginning to carve out niches, especially in payments and tokenized real-world assets. The broader context reveals why Circle’s minting spree matters. Data from Artemis shows stablecoin usage on Solana is hitting new highs, with $1.4 trillion in adjusted transaction volume over the past 30 days, a 23% increase that signals surging economic activity. Source: Artemis Interestingly, while the number of transactions fell by 6%, the average transaction size rose sharply, suggesting that institutional players are increasingly driving stablecoin flows on Solana. That institutionalization is also visible in the drop in unique active stablecoin addresses, down 22% to 11.3 million, as funds consolidate into fewer but larger wallets, including centralized exchanges and DeFi protocols. Circle’s USDC supply currently stands at $67.93 billion, with Ethereum holding the largest share at 62.15% ($42.21 billion), followed by Solana at 12.34% ($8.38 billion) and Hyperliquid L1 at 7.49% ($5.09 billion). Source: DeFiLlama Notably, Base (5.62%), Arbitrum (3.3%), BNB Chain (1.46%), Polygon (1.36%), and Avalanche (1.17%) make up smaller portions of circulation, while other networks collectively account for 3.84%. The expansion is part of a wider trend across the stablecoin sector. In July, global stablecoin market capitalization reached an all-time high of $261 billion , marking 22 consecutive months of growth. Trading volumes on centralized exchanges also soared to $1.6 trillion, as stablecoins cemented their role as the backbone of liquidity in digital asset markets. While Tether remains the sector’s giant with $164 billion in circulation, its dominance has slipped slightly, opening room for rivals like Circle’s USDC, which has grown to $63.6 billion overall, and newer competitors such as Ethena’s USDe. For Solana, the numbers tell a compelling story. With USDC accounting for nearly three-quarters of all stablecoin liquidity on the network, Circle has become the backbone of Solana’s DeFi and payment economy. Binance Sees $1.82B Stablecoin Inflows as Solana Hits 107K TPS in Stress Test Binance has seen a massive $1.82 billion inflow of stablecoins in recent days, one of the largest single-day deposits in recent months. Analysts note such moves often precede spot market activity, suggesting large investors could be preparing for accumulation or short-term trades. Massive $1.82B Stablecoin Entry into Binance Signals Possible Price Upswing “Such inflows often signal an intention to deploy funds into the spot market, either for strategic accumulation or short-term trading opportunities.” – By Amr Taha pic.twitter.com/U9EQ3ghtFJ — CryptoQuant.com (@cryptoquant_com) August 15, 2025 At the same time, Solana developers reported a new throughput milestone over the weekend , with the network briefly handling 107,540 transactions per second on mainnet during a stress test. The test, which used lightweight “noop” calls, highlighted Solana’s theoretical capacity of 80,000–100,000 TPS in live environments. Despite the record, Solana’s actual usage remains far lower. Current throughput averages 3,600 TPS, with most activity tied to validator voting. Real user transactions typically range between 900 and 1,050 TPS, largely driven by memecoin trading on platforms such as Pump.fun and Let’sBonk. Circle Expands With OKX, Hyperliquid, and New Arc Blockchain Amid $482M Loss In July, Circle deepened its global push with a partnership with OKX , introducing direct 1:1 USD-to-USDC conversions for the exchange’s 60 million users. The move aims to improve on- and off-ramps in regions where banking access to stablecoins remains limited, while also enhancing liquidity across OKX’s suite of financial services. Around the same time, Circle deployed USDC and its upgraded Cross- Chain Transfer Protocol (CCTP V2) on Hyperliquid , enabling seamless transfers between the platform and other blockchains. With Hyperliquid’s assets under management climbing past $5.5 billion, Circle emphasized that USDC issued there will remain fully reserved and redeemable 1:1 for U.S. dollars. The momentum carried into August when Circle unveiled Arc, its own Layer-1 blockchain designed for stablecoin finance. Positioned as the company’s most ambitious infrastructure project yet, Arc will use USDC as its native gas token and feature sub-second settlement, an integrated FX engine, and opt-in privacy tools. Set for public testnet launch this fall, Arc marks Circle’s bid to anchor stablecoin usage across payments, foreign exchange, and capital markets. These announcements coincided with Circle’s first earnings report as a public company following its June IPO , which raised $1.2 billion. @circle has filed to become a national trust bank in the US, a major post-IPO step aimed at expanding its footprint in regulated digital finance. #Circle #Stablecoins https://t.co/ngb4x1CT4q — Cryptonews.com (@cryptonews) July 1, 2025 Despite posting a $482 million net loss driven by IPO-related charges, Circle reported strong operating results: USDC in circulation surged 90% year-over-year to $65.2 billion, revenue rose 53% to $658 million, and adjusted EBITDA climbed 52% to $126 million. With USDC now controlling 28% of the stablecoin market and wallet addresses up 68% year-over-year, Circle is underscoring its ambition to make stablecoins a core layer of global finance. The post Circle Mints $1.25B USDC on Solana in 7 Days, Hits $24B in 2025 — Here’s Why It Matters appeared first on Cryptonews .

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