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Shares of Nasdaq-listed beverage maker Safety Shot (SHOT) tumbled more than 50% on Monday after the company unveiled plans to allocate $25 million to Bonk (BONK), a Solana-based memecoin, as the centerpiece of its new corporate treasury strategy.

MARA Holdings Inc. is embarking on a strategic transformation by moving beyond cryptocurrency mining into artificial intelligence (AI) infrastructure.

Do Kwon, co-founder of Terraform Labs, is preparing to change his plea in the high-profile U.S. criminal case related to the 2022 collapse of the TerraUSD (UST) stablecoin that wiped out approximately $40 billion in investor value.

Jeff Bezos’s aerospace company, Blue Origin, has announced that customers can now pay for spaceflights using cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), as well as stablecoins USDT and USDC.



- 11:14Glassnode: Major Tokens Including BTC, ETH, and SOL Recently Hit Record Single-Day Profit PeaksBlockBeats News, August 20 — Glassnode released data on social media indicating signs of market contraction, primarily driven by large-scale profit-taking among investors holding positions for over one month (excluding day traders). Key highlights include: · July 18: Bitcoin holders with positions over one month realized profits exceeding $1.5 billion, marking the largest single-day profit peak since December 2024 · August 16: Ethereum realized profits reached $575 million, the largest profit-taking wave of the current cycle so far, suggesting long-term holders are engaging in risk aversion · August 17: SOL holders with positions over one month realized profits exceeding $105 million, the largest single-day profit event since the rally at the beginning of 2025
- 11:14Current Leading CEX and DEX Funding Rates Indicate a Shift to Bearish Market SentimentBlockBeats News, August 20 — According to data from Coinglass, the current funding rates on major CEXs and DEXs indicate that the market sentiment has turned bearish. BlockBeats note: Funding rates are fees set by cryptocurrency trading platforms to maintain equilibrium between contract prices and the prices of underlying assets, typically applied to perpetual contracts. This mechanism facilitates the exchange of funds between long and short traders; the platform itself does not collect this fee. It is used to adjust the cost or yield of holding contracts, ensuring that contract prices remain close to those of the underlying assets. When the funding rate is 0.01%, it represents the baseline rate. If the funding rate is above 0.01%, it indicates a generally bullish market sentiment. If the funding rate falls below 0.005%, it signals a generally bearish market sentiment.
- 11:14HKEX’s Chen Yiting: HKEX to Explore 24-Hour Trading MechanismAccording to a report by Jinse Finance, at the 2025 interim results conference of the Hong Kong Stock Exchange (HKEX), Group CEO Bonnie Chan stated: "HKEX has always adhered to the principle of strategic investment to maintain global competitiveness. We will not be frugal with capital expenditures and will continue to increase investment in areas such as data platform optimization and upgrades to our trading and settlement systems." On site, Bonnie Chan addressed the market's hot topic regarding the extension of trading hours. "Regarding the issue of extending trading hours, we have noted that Nasdaq plans to implement a 24/5 trading mechanism in the second half of 2026. HKEX will follow a prudent and gradual approach, drawing on international industry experience and taking into account the actual conditions of the local market. This process will be gradually refined after the trading system is upgraded, the risk management framework is improved, and the regulatory framework is fully developed," she said. Bonnie Chan also mentioned that HKEX is actively discussing with market participants the shortening of the settlement cycle for the spot market. HKEX's technical systems will be able to support a T+1 settlement cycle by the end of this year, but the timing of the market's adoption of T+1 settlement will require consultation with various market participants.