coins

According to market news, the UK-listed company The Smarter Web Company (SWC) has increased its holdings by 35 bitcoins, currently holding 2,747 bitcoins, ranking 29th in bitcoin holdings.

According to Onchain Lens monitoring, a certain whale transferred 95 bitcoins to Galaxy Digital, worth approximately 7.32 million USD, suspected to be used for over-the-counter trading sales.

The Monetary Authority of Singapore (MAS) has proposed amendments to the Payment Services Act, requiring stablecoin issuers to always hold at least 100% of the circulating tokens in equivalent assets as reserves, which must be segregated from the issuer's own funds and only held with licensed financial institutions.The proposal also prohibits issuers from paying interest or other yields linked to stablecoin holdings to holders, on the grounds that stablecoins are intended for payments rather than investment or yield generation. This stance is consistent with the U.S. GENIUS Act and the EU MiCA regulation. The consultation also considers limited recognition for foreign stablecoins regulated under equivalent overseas frameworks. The consultation closes on October 16, and the implementation date has not yet been announced.MAS Deputy Managing Director Ho Hern Shin stated that trusted and well-regulated stablecoins can serve as reliable settlement assets in the tokenized financial market, while reducing risks for users and the broader financial system.

According to on-chain analyst Ai Yi's monitoring, the BIT-related entity's ETH long position, which previously made a profit of $55.095 million, has increased to 33,000 coins, valued at $79.3 million (the fifth largest position in Hyperliquid ETH), with an unrealized loss of $2.48 million. There is still a significant distance to the liquidation price.

Onchain Lens posted on X that BlackRock's IBIT wallet received 1,404.5 bitcoins from Coinbase Prime, worth approximately $109.35 million.IBIT is the spot bitcoin ETF launched by BlackRock, and Coinbase Prime provides related custody and trading services to institutions.

BitcoinTreasuries.NET posted on platform X that TD Cowen analyst Lance Vitanza, with a scale of $15 billion, stated that Strive's stock price will rise by 33% to $32. The institution indicated that its treasury activities have significantly exceeded previous models.TD Cowen expects that Strive will hold more than 27,100 bitcoins by the end of 2026.

CryptoQuant analyst Axel Adler Jr stated that from August 18 to 28, the 30-day cumulative distribution of Bitcoin long-term holders (LTH) increased from 174,500 to 281,900, a rise of 61.5%, reaching the highest level since 2026 on August 28. This metric accelerated significantly during the rapid rebound after the short-term squeeze in Bitcoin, indicating that long-term holders are taking profits as prices rise.Meanwhile, the LTH MVRV rose from 1.31 on August 18 to 1.64 on August 27, remaining at a level of 1.6 on August 31, which means that the market value of Bitcoin held by long-term holders is approximately 60% higher than their average realized value. This suggests that despite the increase in distribution activity, long-term holders still possess significant unrealized profits. Axel believes that the price rebound after the short-term squeeze has simultaneously elevated the profit levels of long-term holders and the speed of token distribution, creating conditions for further profit-taking. If Bitcoin prices remain stable, long-term holders may continue to release supply, adding extra selling pressure to the market. The current key issue for the market is whether the high-level distribution by long-term holders will continue and whether new buying can absorb this additional supply; otherwise, the market may face price pressure again.

According to CryptoQuant analyst Amr Taha's data, the group holding 100 to 1,000 BTC has cumulatively increased its holdings by 73,300 BTC over the past 60 days, reaching the highest level since April 21, but still about 20% lower than the peak of 91,920 BTC on April 21.At the same time, the group holding over 10,000 BTC maintains a positive growth of 43,300 BTC. This contrasts sharply with the previous period from April to May, when the group holding over 10,000 BTC fell to about -40,000 BTC around May 14, followed by a roughly 25% drop in Bitcoin prices. Analysts point out that the current structure of the whale group is completely different from before.

According to on-chain analyst @ai_9684xtpa, a certain whale accumulated 280,000 HYPE at a low of $64.5 between June 11 and August 13, with a total value of $18.06 million.4 hours ago, this whale deposited 88,216 HYPE to Coinbase for the first time, worth $7.23 million. If sold, the return rate would reach 27%, with an expected profit of $1.538 million.

According to Cointelegraph, the Financial Services Agency (FSA) of Japan proposed in its 2026 tax reform request to exempt trust-based stablecoins from mandatory tax reporting obligations starting from the fiscal year 2027. The agency suggested that trust-based stablecoins do not need to submit beneficiary trust reports and calculation statements that include the names and income of beneficiaries.The reason given by the FSA is that trust-based stablecoins circulate among a large number of users, with frequent and numerous transactions, and holding these assets does not generate income. If the proposal receives legislative approval, the relevant tax exemption measures will take effect from April 1, 2027.This move is part of Japan's efforts to incorporate cryptocurrency assets into the regulatory framework for traditional financial assets. In July of this year, the Japanese Diet passed an amendment that classifies cryptocurrency assets as financial assets under the Financial Instruments and Exchange Act, a direction first signaled by Finance Minister Shunichi Suzuki in January.

According to the 8-K filing submitted by Strive to the SEC, the company purchased 1,800 bitcoins at an average price of approximately $79,431 from August 24 to 28, 2026.As of August 28, Strive holds a total of 23,156 bitcoins, along with 505,000 shares of Strategy STRC preferred stock (fair value of approximately $49.15 million) and about $183.5 million in cash.

According to ZEIT, the Berlin city government suffered a cyber attack two weeks ago, and the hacker group is suspected of implementing ransomware using the stolen data. According to Der Spiegel, the attackers are believed to be the long-active Rhysida hacker group, demanding a payment of 30 bitcoins (approximately 2 million euros) and threatening to release the data.The sensitive information involved may include records of violations and passwords. The Berlin state government has not yet confirmed the extent of the data breach and has not responded to the ransom amount or the identity of the attackers, stating that it will not comment "for reasons of investigative strategy." Berlin's mayor, Kai Wegner, has made it clear that Berlin will not yield to extortion. The main departments affected are transportation and construction management, which were temporarily isolated from the state government's network after the incident.

Tether CEO Paolo Ardoino stated that stablecoins are a more trustworthy form of currency than tokenized bank deposits, the former being almost fully backed by U.S. Treasury bonds, while the latter typically only has 10% of liquid assets backing it. Pablo Hernandez de Cos, General Manager of the Bank for International Settlements (BIS), mentioned that stablecoins face issues such as redemption capability, supply, interoperability, and facilitating crime, and he referred to tokenized bank deposits as a more direct path to preserving the monetary system's foundation while utilizing tokenization.Ardoino pointed out that the market capitalization of USDT has exceeded $183 billion and is used by some emerging markets for domestic and cross-border commerce. In discussions surrounding the Digital Asset Market Transparency Act (CLARITY Act), banks are concerned that allowing cryptocurrency exchanges to provide incentives for stablecoins could lead to a shift in deposits.

Gate officially launches the idle fund appreciation product for stablecoins, Qianqianbao. After users manually enable the feature, eligible stablecoins such as USDT and USDC in their accounts can automatically earn returns, with the current annualized yield reaching up to 3%.This product does not require locking funds, and eligible funds in both trading accounts and contract accounts can automatically earn returns while remaining flexible for use.

According to Lookonchain monitoring, Bitcoin mining company Metaplanet (@Metaplanet) has accumulated 43,000 Bitcoins, with an average price of $96,191, totaling a value of $3.48 billion.In the past 3 days, it has deposited 2,400 Bitcoins into Coinbase Prime, worth $186 million.

According to Onchain Lens monitoring, Wintermute transferred 5,100 bitcoins to Binance in the past two days, worth $399 million.

The European digital currency market is forming a pattern of parallel development between the central bank digital euro and private euro stablecoins. Revolut has previously launched phased testing of EURR in Denmark, Poland, and Portugal. This euro stablecoin operates on Ethereum and is issued by Bridge Building, a subsidiary of Stripe.The ECB emphasizes that the digital euro will adopt a highly private design, with offline payment information only held by the transacting parties, and online transactions cannot be directly linked to individuals by the Eurosystem. Europe is advancing its digital payment system through public digital currencies and private stablecoins to reduce reliance on dollar stablecoins and non-European payment infrastructures.

IMF President Georgieva stated at the Jackson Hole annual meeting that stablecoins and tokenization could enhance global financial liquidity, making large cross-border payments cheaper and faster; however, stablecoins could also exacerbate currency substitution, capital flows, and exchange rate volatility, while undermining capital controls and monetary sovereignty. Dollar stablecoins may expand the global network effect of the dollar and marginally reduce U.S. financing costs, but they cannot replace fiscal discipline.This year's Jackson Hole Global Central Bank Annual Meeting has revealed three clear institutional divergences: BIS leans towards "marginalization of stablecoins, centralization of tokenized deposits"; ECB leans towards "central bank currencies on-chain"; while IMF acknowledges the real efficiency of stablecoins in cross-border payments but emphasizes the risks of currency substitution and capital flows in emerging markets. This has more policy implications than simply "supporting or opposing stablecoins."