Bitget PENGU/USDT's perpetual trading volume surged 15 times within 10 minutes, with a turnover of 29.69 million US dollars in the past 24 hours, a decrease of 3.54% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

[Galaxy Digital CEO: Two U.S. Crypto Bills May Spark a New Wave of Investment, Breaking the Four-Year Cycle] Galaxy Digital CEO Mike Novogratz stated that two key crypto bills recently passed in the United States could trigger a new wave of investment, breaking the traditional four-year cycle of the crypto market. The two bills, the 'GENIUS Act' (focused on stablecoin regulation) and the 'CLARITY Act' (clarifying the jurisdiction of cryptocurrency regulatory agencies), were both signed into law this July. Novogratz emphasized that these legislations will attract a large number of new investors to the market and may alter the cyclical price patterns associated with Bitcoin halving events. Traditionally, the price trends in the crypto market have been closely tied to Bitcoin's halving, which occurs every four years. The next halving is expected to take place in April 2024.

OKX-OKB/USDT is currently trading at $179.74, with a 5-minute drop of 0.05%. Please pay attention to market fluctuations.

The current price of SOL is $209.35, with a decrease of 3.57% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 17.47 million US dollars, with multiple main orders and SOL liquidation of 2.95 million US dollars (16.89%). The data is for reference only.

[Digital Asset Management Company ReserveOne Submits S-4 Form, Plans to Go Public on Nasdaq via SPAC Merger] Digital asset management company ReserveOne has submitted an S-4 registration statement to the U.S. Securities and Exchange Commission, planning to go public on Nasdaq through a merger with special purpose acquisition company (SPAC) M3-Brigade Acquisition V Corp. The expected stock ticker is 'RONE.' ReserveOne previously announced plans to establish a cryptocurrency reserve exceeding $1 billion, centered around Bitcoin, while also including digital assets such as Ethereum, Solana, and others with staking and lending yield potential.