National Pension Fund Holds Crypto Stocks Worth 770 Billion Won, Increased by 182% in First Half
According to Digital Asset, the National Pension Fund's crypto theme stock holdings have increased by 182% this year, reaching approximately 770 billion won. The fund holds four crypto theme stocks: Strategy, Coinbase, Block, and Robinhood, with a total value of about 552.89 million dollars (approximately 770 billion won) as of the end of the second quarter. Among these, the fund has increased its holdings in Strategy the most, with a 226% increase to 204.98 million dollars (approximately 280 billion won) in the first half of the year.
Nasdaq-listed Faraday Future Plans $30 Million Cryptocurrency Investment
Coin Telegraph reported that Nasdaq-listed Faraday Future plans to purchase cryptocurrencies worth $30 million. The company is also considering launching an index and ETF tracking the top 10 cryptocurrencies. Furthermore, the company plans to invest $500 million to $1 billion in the top 10 cryptocurrencies in the future.
Metaplanet Adds 775 BTC
Japanese listed company Metaplanet, which has Bitcoin as its primary asset, announced through its official X account that it has additionally purchased 775 BTC. It currently holds 18,888 BTC.
Japanese Listed Company Lib Work Plans to Purchase BTC Worth 4.7 Billion Won
Japanese listed real estate company Lib Work announced plans to purchase BTC worth 500 million yen (approximately 4.7 billion won) this year. The company explained that it decided to hold BTC long-term to mitigate risks associated with holding only cash.
Financial Services Commission to Reveal Won Stablecoin Bill in October
Money Today reported that the Financial Services Commission will unveil the Won stablecoin bill in October. The bill is expected to be part of the second phase of virtual asset user protection law, including requirements for Won stablecoin issuance, collateral management, and internal control systems.
Dunamu Holds 2.6 Trillion Won in Virtual Assets, Including BTC and ETH
Tech M reported that Dunamu, operator of the Upbit virtual asset exchange, holds virtual assets worth 2.6 trillion won. According to the company's half-yearly report, as of the end of the first half of the year, Dunamu's virtual asset holdings include ▲16,879 Bitcoin (2.5 trillion won) ▲10,575 Ethereum (35.2 billion won) ▲10.18 million Tether (13.9 billion won), totaling 2.589 trillion won. Dunamu is estimated to have acquired these virtual assets through trading fees.
300,000,000 USDT Transferred to OKX
According to Whale Alert, 300,000,000 USDT was transferred from an anonymous address to OKX. This is a 300 million dollar transaction.
Forced Liquidation of $105 Million in Futures Positions in the Last Hour
Major exchanges saw forced liquidation of futures positions worth $105 million in the last hour.
Over 24 hours, futures positions worth $469 million were forcibly liquidated.
Bitmain and Sharplink Still Profitable Despite ETH Decline
Despite ETH price dropping by about 9% from its peak over the weekend, Bitmain and Sharplink, which have strategically invested in ETH, continue to maintain profitability. Crypto analyst AB Kuai.Dong (@_FORAB), with about 25,000 X followers, stated, "Bitmain's average purchase price is estimated at $3,827, with an unrealized profit rate of 13.8% based on the current price of $4,331. Sharplink's average purchase price is estimated at $3,571, with an unrealized profit rate of 22%."
HouseParty Protocol Launches Public Mainnet
Aergo announced the launch of the public mainnet for HouseParty Protocol (HPP), a merger project of AlphaQuark, W3DB, and Boost. The mainnet features AI-native infrastructure and multi-chain utility. Bitgo, Arbitrum, Conduit, EigenLayer, and Orbiter Finance have joined as ecosystem partners.
BTC Long-Short Ratio at Top 3 Futures Exchanges
The recent 24-hour BTC perpetual futures long-short position ratio at the world's top 3 crypto futures exchanges, based on open interest, is as follows:
Overall exchanges: Long 46.48% / Short 53.52%
1. Binance: Long 44.51% / Short 55.49%
2. Bybit: Long 46.26% / Short 53.74%
3. Gate.io: Long 48.72% / Short 51.28%
Upbit Suspends INJ Deposits and Withdrawals
Upbit announced through its official website that it will suspend INJ deposits and withdrawals from 12:00 on August 19 to support the Injective (INJ) network upgrade.
Bithumb Suspends INJ Deposits and Withdrawals
Bithumb announced that it will suspend INJ deposits and withdrawals at 18:00 on August 19 to support the Injective (INJ) network (mainnet) upgrade.
BTC Falls Below $115,000
According to Coinness market monitoring, BTC has fallen below $115,000. On the Binance USDT market, BTC is trading at $114,918.
Get real-time news...Go to Token Post Telegram
<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>
