Grayscale Investments has submitted an SEC S-1 registration statement to launch the Grayscale Avalanche Trust (AVAX), aiming to list it on Nasdaq. The trust seeks to track the price performance of AVAX, with Coinbase Custody serving as the custodian and Coinbase, Inc. acting as the prime broker. https://t.co/G4sBdQrQwE ...

Market Trends - BTC's gains after Jackson Hole were erased due to an early holder selling 24,000 BTC ($27 billion), resulting in approximately $500 million in liquidations [1] - ETH reached new highs, with the ETH/BTC ratio exceeding 004 [1] - BTC dominance decreased to roughly 57% [1] Investment Flows - ETF outflows totaled around $12 billion [1] - Institutions are consistently accumulating ETH [1]

Binance will launch the BIOUSDC perpetual contract on August 25 at 07:15 (UTC) with up to 75x leverage. Bitlayer (BTR) will list on Binance Alpha on August 27 at 10:00 (UTC), followed by the BTRUSDT perpetual contract at 10:30 (UTC) with up to 50x leverage.https://t.co/nFDCPJB0eQhttps://t.co/JlfQ50wXFL ...

Regulatory Landscape & Key Questions - The industry awaits clarity on whether banks can issue tokenized deposits under the GENIUS Act [1] - Uncertainty persists regarding the capital reserve requirements for banks holding stablecoins [1] - Non-bank entities, especially fintech firms in the crypto space, are lagging in meeting banking compliance standards [1] - Regulators, such as the Federal Reserve, are expected to foster a level playing field, addressing potential competitive disadvantages for banks [1] - Ambiguity remains regarding whether a recipient customer must complete onboarding at the originating bank when tokenized deposits are transferred between banks [1] Potential Developments & Challenges - Information sharing between banks, currently not possible, could significantly benefit community banks burdened by high compliance costs [1]

From August 18 to August 22 (ET), Bitcoin spot ETFs recorded a net outflow of $1.17 billion last week, led by BlackRock’s IBIT with $615 million in outflows. Ethereum spot ETFs saw a net outflow of $238 million, ending a 14-week streak of net inflows.https://t.co/YcNXWVZGwE https://t.co/U7BspSGBEH ...

Japanese listed company Metaplanet announced the purchase of an additional 103 Bitcoin for approximately 1.736 billion yen (around $11.78 million). Following the purchase, the company’s total Bitcoin holdings have risen to 18,991 BTC, with a cumulative investment of about 285.833 billion yen (around $1.942 billion).https://t.co/99DiRglLi4 ...

ETF Flows - Ethereum spot ETFs experienced a total net inflow of $341 million on August 22 (ET) [1] - None of the nine Ethereum spot ETFs recorded outflows [1] - Bitcoin spot ETFs saw a total net outflow of $23.15 million [1] - Bitcoin spot ETFs marked the sixth consecutive day of outflows [1]

Token Unlocks Overview - Over the next 7 days, the total unlock value of various tokens exceeds $620 million [1] Single Large Unlocks (>$5 million each) - Single large unlocks include SUI, JUP, OP, KMNO, HUMA, VENOM, SOPH, ZETA, ALT, SAHARA, and REZ [1] Linear Large Unlocks (>$1 million per day) - Linear large unlocks include SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, JTO, and ENS [1]

According to Binance market data, Ethereum has once again set a new all-time high, reaching $4,957.67, and is now trading at $4,937.01, up 2.93% over the past 24 hours. Coinglass data shows that in the past hour, approximately $57.0832 million in positions were liquidated across the market, including about $53.4558 million in short positions. https://t.co/JS3dqF1X8t ...

OKX CEO Star announced the launch of a $100M X Layer Ecosystem Fund to support global developers building the next wave of on-chain applications. He emphasized a long-term vision, and invited partners with real technology rather than short-term pump-and-dump goals. Meanwhile, OKB has surged 340.2% over the past 30 days, currently trading at $210.44. https://t.co/zNCRvZMkFn ...