Coinbase CEO says company buys Bitcoin every week

Rick Rieder of BlackRock is currently one of the candidates for the position of Federal Reserve Chairman and plans to undergo an interview at Mar-a-Lago in the last week of this year. （Cointelegraph）

["1011 Insider Whale" Speaks Out Again in Favor of Long Positions, Still Facing $42.55 Million in Unrealized Losses] "1011 Insider Whale" has once again voiced support for long positions, stating that bearish logic is collapsing, the U.S. stock market no longer faces significant systemic risks, and will trend upward with fluctuations. BTC and ETH, which are highly correlated with the U.S. stock market, are expected to follow suit. Over the next few months, the probability of ETH outperforming the Nasdaq 100 Index is increasing. Currently, the $693 million long position held by "1011 Insider Whale" is still facing an unrealized loss of $42.55 million, with an ETH entry price of $3,147.39 and a BTC entry price of $91,506.70.

[Mangoceuticals Plans to Launch $100 Million SOL Digital Asset Treasury] Nasdaq-listed company Mangoceuticals announced its collaboration with Cube Group to establish a subsidiary, Mango DAT, to advance the strategy of building a $100 million SOL digital asset treasury (DAT). The related funds will be raised through an ATM financing plan and the sale of common stock. Mangoceuticals has also submitted a trademark application for 'MULTI-DAT' to the U.S. Patent and Trademark Office to promote a series of strategic digital asset and DeFi initiatives.

[Conflux Co-Founder: RWA.XYZ Exaggerates RWA Asset Scale to $410 Billion] Conflux co-founder Forgiven pointed out that RWA.XYZ adjusted its metrics to exaggerate the RWA asset scale from approximately $30 billion to $410 billion. Forgiven stated that about 91% of the $410 billion figure comes from the private chain Canton, with another approximately $14 billion derived from products issued by Figure on the private chain Provenance. Only about $18 billion of the Distributed Asset Value reflects actual demand. Forgiven called for caution regarding the recent speculation around the RWA concept in Hong Kong stocks.

[BlackRock deposits 36,579 ETH worth $108.4 million into Coinbase Prime] Onchain Lens monitoring shows that BlackRock deposited 36,579 ETH, worth $108.4 million, into a Coinbase Prime address.