[ETHZilla Plans Early Redemption of $516 Million Convertible Bonds] Ethereum Treasury company ETHZilla announced plans to fully redeem the principal amount of $516 million in convertible bonds by December 30, 2025. The redemption price will be 117% of the outstanding principal amount, along with all accrued and unpaid interest. ETHZilla will fund this early redemption by releasing restricted cash held as collateral.

[OCC: 9 Major U.S. Banks Imposed Restrictions on Crypto and Other Industries] The Office of the Comptroller of the Currency (OCC) released preliminary investigation findings, stating that between 2020 and 2023, nine of the largest U.S. banks, including JPMorgan Chase, imposed restrictive measures on 'politically sensitive' sectors such as the crypto industry. The OCC noted that these banks' practices, such as restricting account openings based on the nature of customers' businesses, constituted improper discriminatory treatment. Some banks attributed their restrictions on crypto companies to considerations of financial crime. The OCC stated that the investigation is ongoing and may later refer findings to the Department of Justice. Analysts pointed out that the report did not mention the Federal Deposit Insurance Corporation (FDIC)'s previous directive for banks to distance themselves from the crypto industry.

OKX-BTC/USDT is currently trading at $91037.90, with a 5-minute drop of 0.29%. Please be aware of market fluctuations.

[Brother Machi Deposits 254,700 USDC to Increase ETH Long Position, Holdings Rise to 11,100 ETH] Brother Machi deposited 254,700 USDC into Hyperliquid to increase his ETH long position. Brother Machi's holdings have risen to 11,100 ETH, with a position value of approximately $36.36 million and a liquidation price of $3,201.04.

[A Whale Withdraws $13.89 Million Worth of SOL Tokens from Kraken] A whale withdrew 101,365 SOL worth $13.89 million from Kraken 10 hours ago. The whale currently holds a total of 628,564 SOL, valued at $84.13 million, with 519,217 SOL held in the wallet and another 109,348 SOL staked.