08/12/2025 | Summary of notable crypto news in the past 24 hours!

🚨 Crypto Market Highlights Last Night — Quick Update: 👇 1⃣ BTC & ETH — Surged and then reversed, altcoins plummeted sharply. Large discrepancy between longing/short positions, low altcoin liquidation. Be cautious! 2⃣ PUMP Returns — Benefiting from the meme coin wave: CLIPPY (+27 million USD) & SPARK (+62 million USD). Reclaimed 70% of launchpad market share. 3⃣ UNI +8% Today — Thanks to the launch of "DUNA framework", an open DAO legal entity paving the way for protocol fee collection. 4⃣ IP & BONK Announce Treasury — Token-stock linkage reached "hype peak", but price reaction weaker than expected. 5⃣ Aave Approaching 100 Billion Yen Deposit — Potentially surpassing Deutsche Bank. $AAVE, $ENA, $PENDLE reportedly coordinating market strategy. 6⃣ Altcoin "Good News" Risk — LISTA soared high then fell sharply after proposal to immediately burn 20% of supply. 7⃣ BNC Goes Big with BNB — Purchased 200,000 $BNB worth 160 million USD, becoming the largest holding enterprise. Capital from 10X Capital & YZi Labs. 8⃣ Do Kwon Update — Terraform Labs founder may plead guilty related to $LUNA collapse. US court hearing on 8/12. 9⃣ Notable IPO — Bullish, backed by Peter Thiel, will be listed Wednesday. Target valuation raised to 4.82 billion USD. 🔟 Fear & Greed Index: 68 (yesterday 70, last week medium 60) — Greed remains high. 🔟1⃣ AI Market Summary: - BTC maintains support level above 119,000 USD; risk of overheating and correction as buyers/sellers struggle. - ETH maintains strength through institutional capital; steady inflow but short-term sentiment diverges. - Market focuses on ETH ecosystem & altcoin strength; macro context supported by rising US stocks and expected Fed rate cut in September.