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Upbit to KRW, BTC, and USDT Markets
PANews reported that according to an official announcement, South Korean cryptocurrency exchange Upbit will launch NXPC in the Korean won, BTC, and USDT markets, and trading will begin at a later date.
Abraxas Capital's ETH holdings in the past week have reached $561 million
According to Lookonchain, Abraxas Capital borrowed USDT to buy more Ethereum. As of yesterday's monitoring, the price of Ethereum was $2,460, and now it has exceeded $2,700 - an increase of about 10%. In the past week, Abraxas Capital has purchased 242,652 ETH (worth $561 million).
Pudgy Penguin CEO: Abstract Chain's TGE is expected to be held in Q4
Pudgy Penguins CEO Luca Netz revealed in an interview that the token generation event (TGE) of Ethereum Layer2 network Abstract Chain is expected to take place in the fourth quarter of 2025.
An investor/institutional address transferred 11.652 million UNI to Coinbase Prime, equivalent to approximately US$82.38 million
According to on-chain analyst Ember's monitoring, after 437,000 UNIs from the Uniswap Foundation address flowed into Binance, 25 minutes ago, two investor/institutional addresses that received UNI allocations from Uniswap in September 2020 transferred a total of 11.652 million UNIs (about 82.38 million U.S. dollars) to Coinbase Prime. This is the same recharge address used to transfer 9 million UNIs to Coinbase Prime half a month ago, so these UNIs are likely to belong to the same investor/institution.
Coinbase announces launch of cbADA, cbDOGE, cbLTC, cbXRP
According to official news, Coinbase announced that it will soon launch cbADA, cbDOGE, cbLTC, and cbXRP. They are not yet online or available, and will be officially launched at a later date. cbADA, cbDOGE, cbLTC, and cbXRP are Coinbase's bridged tokens, corresponding to the wrapped versions of Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP), respectively. They are designed for Coinbase's Ethereum Layer2 network Base, and cbBTC has been launched before.
DeFi Development Corp. spent $23.6 million to increase its SOL holdings, bringing its total holdings to 595,988
According to Bitcoin.com, Nasdaq-listed DeFi Development Corp (formerly real estate software company Janover) announced that it had purchased 172,670 SOL tokens at an average price of $136.81 per token, for a total of approximately $23.6 million. This is the company's largest SOL token acquisition to date and the tenth purchase under its digital asset treasury strategy. After the completion of this transaction, the company currently holds a total of 595,988 SOL, including staking rewards, worth approximately $102.7 million. The newly purchased SOL will be held for a long time and pledged to multiple verification nodes, including the company's own SOL verification nodes, to generate income. The plan continues to update the dynamics of its treasury and investment strategy through public statements and regulatory documents.
Twenty One Capital has purchased $458.7 million worth of Bitcoin
According to The Block, Twenty One Capital (ticker CEP), a cryptocurrency investment company backed by Cantor Fitzgerald, Tether and SoftBank, has purchased 4,812 bitcoins worth $458.7 million, the first of many buy orders the company has committed to. A securities filing on Tuesday showed that stablecoin issuer Tether completed the purchase shortly after Twenty One Capital was established. The transaction is based on an agreement to use the total proceeds from subscription agreements related to the issuance of convertible bonds by publicly traded entities. The initial allocation, referred to in the "Initial PIPE Bitcoin" transaction, has been transferred to a wallet controlled by Tether. Upon completion of the business merger, Tether will sell the batch of bitcoins to the listed company for $458.7 million. Twenty One Capital was established through a SPAC merger with Cantor Equity Partners. At the time of its establishment, its balance sheet held $3.6 billion worth of bitcoins, making it the third largest bitcoin holder among listed companies.
ETH breaks through $2,700, up 5.31% on the day
The OKX market data shows that ETH has just broken through $2,700 and is currently trading at $2,702.00 per coin, with a daily increase of 5.31%.
Trump: Stock market will rise sharply
U.S. President Trump
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