Odaily News According to on-chain analyst Ai Yi's monitoring, the manipulator withdrew 1.369 million $SIREN tokens, worth $2.45 million, from a Binance Alpha wallet in the past 6 hours. The current token concentration exceeds 93%.
Wallet addresses: 0xB57a00f0C46585db22926C365B849ec7699f6a45 and 0x1f979198620F07Bb20EC49fB00530fb0fA3430bA.
Odaily News According to official information, the Binance Wallet plugin now supports mnemonic phrase derived accounts. Users only need to back up one set of mnemonic phrases to derive up to 99 independent accounts.
This feature helps protect the security of mnemonic phrases and efficiently manage accounts; it also supports multiple chains, allowing one set of accounts to be used across chains. The plugin version supporting this feature is 1.12.0 and above.
According to data from msx.com, crypto-related stocks rose broadly in U.S. pre-market trading: COIN gained 1.09%; MSTR rose 1.56%, SBET increased 1.03%, and HOOD advanced 0.75%.
It is reported that msx.com is a decentralized RWA trading platform that has cumulatively listed hundreds of RWA tokens, covering U.S. stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
Odaily News According to AXIOS: Anthropic's CEO will meet with the White House Chief of Staff on Friday. (Jin10)
Odaily News According to Glassnode's Bitcoin on-chain indicator, the RHODL Ratio currently stands at 4.5, reaching the third-highest level on record. The signal it emits aligns more with a market bottom than a cycle top.
The RHODL Ratio compares the value proportion of Bitcoin held by long-term holders (holding for 6 months to 3 years) with that held by short-term holders (holding for 1 day to 3 months). A rising ratio typically reflects longer holding periods and reduced speculative activity, rather than an influx of new buyers—a dynamic observed after major corrections in 2015, 2019, and 2022. During the past six months, as Bitcoin fell by 50%, a significant amount of speculative holdings has been washed out, concentrating wealth among long-term holders.
Historically, the RHODL Ratio has only been higher than the current level twice: in 2015 (ratio of 5) and 2022 (ratio of 7), both corresponding to cycle bottoms. This suggests that Bitcoin may still have further downside potential. However, pushing the ratio to even higher levels typically requires near-complete exhaustion of short-term holder activity, a scenario not yet evident under current conditions—Bitcoin has rebounded approximately 25% from its February low, perpetual futures funding rates remain negative, and the S&P 500 has also reached a record high.
Overall, this indicator suggests that the current market conditions are more akin to a correction within a cycle rather than a pattern at the cycle top. The renewed dominance of long-term holders may signal that a phase bottom is approaching. (CoinDesk)
Odaily News Singapore Gulf Bank (SGB) announced today the launch of a stablecoin issuance and redemption service. Corporate and high-net-worth clients can now directly exchange between fiat currency and stablecoins through their SGB accounts, enabling 24/7 instant settlement without relying on traditional correspondent banking processes. To support the launch, SGB is pioneering in the banking industry by waiving gas fees and bank transaction fees for users minting and redeeming tokens on Solana for a limited time. At the end of the promotional period, clients will also receive corresponding rewards based on their transaction volume.
SGB CEO Chen Shao'en stated: "The challenges of cross-border capital transfers and placement have become a key factor constraining client growth. By directly integrating stablecoin issuance/redemption into the banking system, we have achieved real-time conversion between fiat currency and digital assets. We are building a bank for a borderless world."
The service has been integrated into SGB's proprietary clearing network, SGB Net, supporting seamless fund flow between on-chain and off-chain environments.
Initially, the service supports USDC transactions over $100,000. Support for USDT, USDe (Ethena), and Global Dollar (USDG) will follow.
Odaily News According to market data, SIREN rebounded to 0.7 USDT after hitting a low of 0.258 USDT, with its 24-hour loss narrowing to 14.45%.
Odaily News: According to Gate data, Brent crude oil's intraday losses have widened to 2.00%, currently quoted at $92.38 per barrel.
Odaily News: Commerzbank expects the silver price to reach $90 per ounce by the end of the year. (Jin10)
Odaily News According to on-chain analyst Yu Jian, a whale purchased 4.5 million LDO via OTC, valued at $1.86 million. Over the past day or so, the whale also received the same amount of LDO and 10,000 AAVE from Wintermute and FalconX, valued at $1.15 million.
Odaily News Market data shows that tokens delisted by Binance have all fallen over 20% in a short period. Among them: DEGO briefly fell below 0.25 USDT, currently trading at 0.252 USDT, with a 24-hour drop of 10%; DENT fell below 0.00015 USDT, with a 24-hour drop of 16.97%; TRU briefly fell below 0.006 USDT, with a 24-hour drop of 13.24%.
Previous news indicated that Binance will delist DEGO, DENT, and TRU trading pairs.
Odaily News Hong Kong Exchanges and Clearing Limited (HKEX) today published a consultation paper on shortening the settlement cycle for Hong Kong's stock spot market. The paper proposes an operational model to shorten the settlement cycle from the current T+2 to T+1 and seeks market feedback on the proposal. (Jin10)
Odaily News: Market data shows that SIREN experienced a sharp decline, with the drop once reaching 80%. It is currently trading at $0.46, representing a daily loss of over 46%.
Odaily News Japanese listed apparel company ANAP Holdings (3139.T) purchased an additional 5.07 Bitcoin, bringing its total holdings to 1,422.1 BTC. The company ranks 38th on the Bitcoin 100 Corporate Holdings list. (BitcoinTreasuries.NET)
