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1Bitget Daily Digest（September 12）｜First US Spot XRP ETF Launches Today; Grayscale Applies to Convert Multi-Asset Trusts to ETFs; BTC Longs Face Increasing High Leverage Risk2XRP Loses Nearly 50% of Active On-Chain Accounts; Price Could Be at Risk While Breakout Remains Possible3Bitcoin Clears $112,000 Wall, Eyes Return to $120,000 as Hodlers Double Down
Circle to bring USDC and CCTP v2 to Hyperliquid
Cryptobriefing·2025/07/31 20:30
SEC Approves In-Kind Redemptions for Bitcoin, Ethereum ETFs
Theccpress·2025/07/31 20:10
The Ether Machine Buys $57M in ETH, Holdings Reach 334,757 ETH
Kriptoworld·2025/07/31 19:10
Hong Kong Opens Stablecoin Licensing: Banks and Brokers Rush In
As Hong Kong's stablecoin licensing takes effect, banks and brokers race to apply under strict guidelines. However, regulators caution against speculative risks, urging careful evaluation of asset-backed projects.
BeInCrypto·2025/07/31 18:30
Comprehensive Reform of Digital Asset Regulation Proposed in U.S.
Coinspaidmedia·2025/07/31 17:35
Bolivia and El Salvador Collaborate in Digital Asset Sector
Coinspaidmedia·2025/07/31 17:35
DeFi Summer Returns? IMF Embraces Crypto and More
DeFi's TVL returns to pre-Terra levels, the IMF acknowledges cryptocurrencies in national wealth accounts, and Visa broadens stablecoin support as institutional adoption grows.
BeInCrypto·2025/07/31 17:28
Bitcoin price retargets $119K as treasuries buy 28K BTC in two days
Cointelegraph·2025/07/31 16:30
'Real fun starts' if XRP price ends July above $3, new analysis says
Cointelegraph·2025/07/31 16:30
Saylor hypes Q2 earnings call as Strategy's 'most important moment ever'
Cryptobriefing·2025/07/31 16:20
Flash
- 12:57Tether's new stablecoin USAT is planned to launch by the end of the yearChainCatcher reported that crypto journalist Eleanor Terrett stated that Tether held the US launch event for its new stablecoin USAT in New York. Tether CEO Paolo Ardoino said the goal is to launch USAT by the end of the year. The new CEO Bo Hines announced that the new US headquarters will be located in Charlotte, North Carolina.
- 12:35DefiLlama founder: Figure TVL data authenticity is questionable, not excluded from the ranking due to X platform follower countChainCatcher reported that DefiLlama founder 0xngmi posted on social media stating that DefiLlama discovered a serious discrepancy between Figure's on-chain assets and trading volume: BTC and ETH reserves are extremely limited, its own stablecoin supply is minimal, most loans are still processed in fiat currency, and there is almost no on-chain trading. They suspect that most of Figure's TVL may simply be a mirror of an internal database rather than real, tradable assets. As part of due diligence, DefiLlama has discussed Figure's TVL data (claimed to be $12 billion) with the Figure team in a Telegram group chat and has raised several system and issuance-related questions. However, a person familiar with the entire process spread rumors on X (formerly Twitter) claiming that DefiLlama refused to list Figure due to its follower count on X, and some even implied that DefiLlama charges listing fees, which is completely untrue. In fact, DefiLlama has never refused any project due to follower count, nor has it charged any fees, and it continues to adhere to strict due diligence to ensure the authenticity and reliability of the data.
- 11:54DefiLlama founder: Pressured for investigating and questioning Figure's claimed RWA dataJinse Finance reported that 0xngmi, the anonymous founder of the on-chain data analysis website DefiLlama, posted on the X platform stating that Figure wanted him not to conduct due diligence on the company and tried to exert pressure through both public and private defamation. 0xngmi pointed out that DefiLlama’s value lies in users’ trust in its ability to provide good data, and that providing high-quality data that meets user expectations and helps them make correct decisions is crucial. Figure claims that their on-chain RWA scale has reached $12 billion, but DefiLlama’s investigation found some strange things: 1. Figure only holds $5 million worth of BTC and $4 million worth of ETH on exchanges (with bitcoin’s 24-hour trading volume being only $2,000); 2. Figure’s own stablecoin YLDS has a supply of only 20 million, and theoretically all their RWA transactions should be based on this; 3. Most of Figure’s RWA asset transfer transactions appear to be conducted by accounts other than those holding these assets; 4. The vast majority of Figure’s loan processes are completed through fiat currency, with almost no on-chain payments found. Therefore, DefiLlama is unsure how $12 billion in assets are being traded when there are so few assets available for trading on-chain, and since most holders do not seem to transfer these assets with their own keys, whether they are simply mirroring their internal database onto the blockchain.