Morning News | Binance Alpha and Binance Futures will launch Avantis (AVNT) on September 9; Michael Saylor makes his debut on the Bloomberg Billionaires Index 500; Japanese Prime Minister Shigeru Ishiba officially announces his decision to resign as president of the Liberal Democratic Party
Overview of Important Market Events on September 7Organizer: liec, ChainCatcher
Important News:
- FutureCrest Acquisition, led by Tom Lee, submits IPO application to raise up to $250 million
- Bitcoin's illiquid supply exceeds 14.3 million coins, reaching a historical high
- Bitcoin mining difficulty adjusted up 4.89% to 136.04 T, setting a new record
- Binance Alpha and Binance Futures will launch Avantis (AVNT) on September 9
- Michael Saylor makes his debut on Bloomberg Billionaires Index, net worth has surged by $1 billion since the beginning of the year
- Ark Invest increases its holdings of Ethereum treasury company BMNR by 388,045 shares this week
- Japanese Prime Minister Shigeru Ishiba officially announces his decision to resign as president of the Liberal Democratic Party
- Bitmine's Ethereum holdings are approximately $8 billion, increasing by 124.1% in the last 30 days
Important Data from Yesterday :
Bitcoin's illiquid supply exceeds 14.3 million coins, reaching a historical high
According to CoinDesk, in late August, the illiquid supply (the number of Bitcoins held by entities with almost no spending history) exceeded 14.3 million BTC, setting a historical high.
Bitcoin mining difficulty adjusted up 4.89% to 136.04 T, setting a new record
According to CloverPool data, Bitcoin mining difficulty was adjusted at block height 913,248, increasing by 4.89% to 136.04 T, setting a new record.
Bitmine's Ethereum holdings are approximately $8 billion, increasing by 124.1% in the last 30 days
According to strategicethreserve data, the treasury companies and institutions with significant changes in Ethereum holdings in the last 30 days are as follows:
- Bitmine Immersion Tech (BMNR) ranks first, currently holding 1.87 million ETH, valued at approximately $8 billion, with a 30-day increase of 124.1%;
- SharpLink Gaming (SBET) ranks second, currently holding 837,000 ETH, valued at approximately $3.59 billion, with a 30-day increase of 60.4%;
- The Ether Machine (ETHM) ranks third, currently holding 495,000 ETH, valued at approximately $2.12 billion, with a 30-day increase of 43.4%;
- The Ethereum Foundation ranks fourth, holding 229,600 ETH, valued at approximately $984 million, with a 30-day decrease of 1.3%;
- ETHZilla (ETHZ) ranks eighth, holding 102,200 ETH, valued at approximately $438 million, with a 30-day increase of 24.4%;
- FG Nexus (FGNX) ranks fourteenth, holding 48,400 ETH, valued at approximately $207 million, with a 30-day increase of 656.9%.
Project Updates from Yesterday :
Binance Alpha's new airdrop will start at 18:00, with a threshold of 238 points for the first phase
Binance Wallet announced that the new round of Binance Alpha airdrop will start today at 18:00, with specific project details undisclosed. This airdrop will be conducted in two phases: the first phase (the first 18 hours) allows users with at least 238 Binance Alpha points to claim; the second phase (the last 6 hours) allows users with at least 220 Binance Alpha points to claim.
Binance Alpha and Binance Futures will launch Avantis (AVNT) on September 9
According to official news, Binance Alpha will launch and open trading for Avantis (AVNT) on September 9, 2025, at 21:00 (UTC+8).
Additionally, the Binance Futures platform will launch the AVNTUSDT perpetual contract on September 9, 2025, at 23:00 (UTC+8), with a maximum leverage of up to 50 times.
Binance Alpha has launched Saros (SAROS)
Binance Alpha has now launched Saros (SAROS).
Eligible users can use Alpha points to claim 100 SAROS tokens airdrop within 24 hours after trading starts on the Alpha event page.
According to Cointelegraph, Michael Saylor's net worth has surged by $1 billion since the beginning of this year, making his debut on the Bloomberg Billionaires Index, ranking 491st with an estimated net worth of $7.37 billion, a 15.80% increase since January 1.
According to Google Finance data, during the same period, the stock price of Strategy (MSTR) rose nearly 12%. This index tracks the net worth of the world's 500 richest individuals, with approximately $650 million of Michael Saylor's wealth in cash, while the remaining $6.72 billion is held in Strategy stock.
Linea: Next week, the liquidity incentive program will distribute 160 million LINEA tokens
Linea officially announced that next week, the Linea Ignition liquidity incentive program will distribute 160 million LINEA tokens as incentives, up from the previously planned 150 million.
The total rewards for USDC, USDT, and ETH in Aave and Euler lending pools amount to 128 million LINEA tokens, while the total rewards for trading on Etherex (trading pairs include USDC/ETH, WBTC/ETH, USDT/ETH, ETH/REX) amount to 32 million LINEA tokens.
Paxos proposes to launch stablecoin USDH for Hyperliquid, with most profits used to buy back HYPE
Stablecoin infrastructure company Paxos submitted a proposal to launch a compliant stablecoin USDH in the Hyperliquid ecosystem, in accordance with the GENIUS Act and MiCA regulatory standards. The announcement states that 95% of the interest generated from USDH reserves will be used to buy back HYPE tokens and distribute them to users, validators, and partner agreements.
China's National Natural Science Foundation releases research topics related to stablecoins
China's National Natural Science Foundation released the emergency management project "Research on Global Stablecoin Risk Governance and Cross-Border Collaborative Regulatory System" for 2025. It stated that stablecoins, as digital assets aimed at anchoring the value of fiat currencies or specific assets, have become a core bridge connecting traditional finance and the crypto ecosystem due to their potential for efficient cross-border liquidity. Their scale and influence pose profound challenges to the current international monetary system and global financial regulatory framework.
Ark Invest increases its holdings of Ethereum treasury company BMNR by 388,045 shares this week
Tom Lee, chairman of the board of Ethereum treasury company BitMine (BMNR), shared on the X platform that Cathie Wood's Ark Invest has increased its holdings of BMNR shares by 388,045 on September 5 through its exchange-traded funds. According to data disclosed by Ark Invest Tracker, Ark Invest's three ETFs now hold BMNR shares valued at $267 million, with ARKK holding shares worth $178.6 million, ARKF holding shares worth $31 million, and ARKW holding shares worth $57.7 million.
FutureCrest Acquisition, led by Tom Lee, submits IPO application to raise up to $250 million
According to Renaissance Capital, FutureCrest Acquisition, a blank check company (SPAC) led by BitMine chairman Tom Lee, submitted documents to the SEC on Friday, planning to raise up to $250 million through an initial public offering (IPO). The company plans to raise funds by issuing 25 million units at a price of $10 per unit. Each unit consists of one share of common stock and a quarter of a warrant, which can be exercised at $11.50 per share.
Investment and Financing Updates from Yesterday
Egyptian blockchain fintech company Munify announced the completion of a $3 million seed round financing, with strategic investment from BYLD and Grayscale's parent company Digital Currency Group (DCG). The company uses blockchain technology to provide instant multi-currency sending and receiving services for individuals and businesses and has launched a virtual card supported by stablecoins. Currently, its business covers the United States, the United Kingdom, Europe, and Gulf Cooperation Council (GCC) member countries. The new funds will be used to expand into other markets and to enhance its compliance team.
Regulatory & Policy Updates from Yesterday
SEC and CFTC may establish a joint committee to end the cryptocurrency regulatory dispute
According to TheBlock, the draft market structure bill proposed by the U.S. Senate suggests establishing a joint committee between the SEC and CFTC to end the cryptocurrency regulatory dispute. The draft includes provisions to protect decentralized finance (DeFi) developers, clarify the regulatory treatment of airdrops, and exempt decentralized physical infrastructure networks (DePINs) from securities laws.
Additionally, the bill calls for the SEC and CFTC to establish a joint advisory committee on digital assets to coordinate the different regulatory approaches of the two agencies. The SEC and CFTC have recently deepened their cooperation on cryptocurrency regulation and plan to hold a public roundtable on September 29 to discuss "regulatory coordination priorities." SEC Chairman Paul S. Atkins and CFTC Acting Chair Caroline D. Pham stated in a statement: "By collaborating to coordinate the regulatory framework, the SEC and CFTC can reduce unnecessary barriers, enhance market efficiency, and create space for innovation. Our common goal is to ensure that the U.S. maintains its leadership in global capital markets."
Japanese Prime Minister and president of the Liberal Democratic Party Shigeru Ishiba held an emergency press conference at the Prime Minister's residence, announcing his decision to resign from the presidency of the Liberal Democratic Party. According to earlier reports from NHK, Ishiba has decided to resign from the prime minister's position, and he is expected to formally announce his resignation at the press conference.
Ishiba was elected president of the Liberal Democratic Party in September last year, with his term set to end in September 2027. In the House of Representatives election held in October last year, the ruling coalition formed by the Liberal Democratic Party and Komeito lost more than half of its seats. In the House of Councillors election held in July this year, the ruling coalition also lost more than half of its seats. The Liberal Democratic Party held a full meeting of both houses on September 2 to summarize the reasons for the defeat in the July House of Councillors election. Ishiba apologized for the election loss at the meeting and stated that he had no intention of clinging to the prime minister's position and would make appropriate decisions at the right time.
The Singapore Police Force released data on scams and cybercrime for the first half of 2025. The data shows that Singaporeans lost approximately 456 million SGD due to scams, a decrease of about 66 million SGD from last year. The number of scam and cybercrime cases decreased by 21.5% to 22,476 cases, compared to 28,625 cases during the same period last year.
Losses from cryptocurrency-related scams accounted for nearly 18% of total losses, reaching 81.6 million SGD, mainly involving Tether, Bitcoin, and Ethereum. The Anti-Scam Command also recovered 56.7 million SGD, including 17 million SGD in cryptocurrency, and worked with partners to avoid another potential loss of 179 million SGD.
Meme Popularity Rankings
According to data from the meme token tracking and analysis platform GMGN as of September 7, 09:30:
In the past 24 hours, the top five popular Ethereum tokens are: Xiaobai, MEMELESS, NEOP, HYPER, CRAI
In the past 24 hours, the top five popular Solana tokens are: LIFE, LILPEPE, DeepSeekAI, LBRETT, CR7
In the past 24 hours, the top five popular Base tokens are: SINGULARITY, ZORA, OWLS, SAPIEN, UST
"What are the exciting articles worth reading in the past 24 hours?"
Reviewing the Venus attack incident: the phished founder and the liquidated thief
From signature to financial ruin, it took just six seconds. A compromised video client handed over the management rights of a $13 million wallet to an attacker patiently waiting for the opportunity. Most phishing stories end here—giant whales suffer, attackers vanish, and mockery of the victims continues on Twitter for a week. But this time, the thief's plan was much more ambitious than a simple "clean out."
What happens when stealing millions of dollars is not enough?
Interest rate cut cycle and liquidity shift: how to position risk assets for the "Roaring Twenties"?
August 5, 2024, September 2024, April 2025—these moments of sharp decline test my faith, but I continue to accumulate chips in anticipation of higher prices.
Why? Because I know this bull market will ultimately end with a massive "blow-off top," a peak that will create FOMO for everyone before the actual peak arrives. My entire analytical framework is built around emotional reversals, shifting from uncertainty and anxiety to extreme excitement. Crypto market makers know how to leverage retail emotions. The high volatility brought by rising prices, coupled with bullish narratives, will boost market confidence, expand risk appetite, and ultimately create frenzy.
Revealing the ETH holding leaderboard: who owns the most ETH in 2025?
About 61% of ETH is held by just 10 addresses, but most of these belong to staking contracts, exchanges, or funds, rather than individual whales. Nearly half of the ETH is stored in a smart contract: the Beacon deposit contract, which powers Ethereum's proof-of-stake system. Large institutions like BlackRock and Fidelity, as well as publicly traded companies, now hold millions of ETH, making ETH an important reserve asset. Ownership of ETH has shifted from early adopters. Now, everything depends on the platforms and services built on top of it.
August DApp Report: On-chain activity has cooled down, while NFTs continue to warm up
On-chain activity in August may have slightly cooled down, but the situation beneath the surface is quite different. DeFi TVL reached a historical high, institutions entered the market in large numbers, NFTs heated up again, and AI dapps developed rapidly, even as the hype cycle shifted. Meanwhile, security incidents serve as a reminder that the industry is still evolving.
The data clearly indicates one thing: Web3 has not stagnated. As we enter autumn, the trend of this bull market becomes increasingly evident. This is reflected not only in speculative behavior but also in adoption rates, innovation, and real capital flowing onto the chain.
Risk warning
Risk warning
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