[Main password: Binance BTC contract main player completes a limit order worth $40.06 million] Massive funds emerged at a pivotal point, potentially stirring market sentiment and strategic dynamics...

[Multiple Banks and Regulatory Agencies Launch World's First Quantum-Resistant Crypto Asset Transfer Pilot] According to Cointelegraph, multiple banks and regulatory agencies have jointly launched the world's first quantum-resistant crypto asset transfer pilot, utilizing the U.S. NIST post-quantum cryptography standards. The pilot tests digital asset custody and transfers on a quantum-resistant test network to address threats posed by quantum computing. Participating institutions include Bison Bank, DK Bank, and regulatory agencies from Abu Dhabi, Bhutan, Malta, among others. The Hong Kong Monetary Authority has mandated the banking sector to complete quantum-safe migration by 2030.

The ETH/BTC ratio formed a golden cross where the 50 day moving average broke through the 200 day moving average, rising about 25% from the low point on June 6th. According to CoinDesk, on July 25, 2025, the golden cross ratio rose by about 36% after four weeks before falling. In February 2021, it rose by about 93% after the golden cross. The two golden crosses in May and August 2022 did not continue the upward trend, and the golden cross is a lagged indicator formed based on historical prices.

Jamie Coutts, Chief Crypto Analyst at Real Vision, posted in support of Bloomberg analyst Mike McGlone, who has been criticized for being bearish on Bitcoin. Jamie Coutts stated that Mike McGlone was already a Bitcoin supporter before joining Bloomberg and had pointed out the stablecoin trend that the market should be tolerant of different viewpoints. Mike McGlone lowered the target price of Bitcoin to $28000 in February this year and predicted in mid August that Bitcoin would fall to $10000.

[National Development and Reform Commission Proposes Revising Regulations on Overseas Investment Management, Including Individual Residents in Filing Management] According to a report by Caixin, the National Development and Reform Commission (NDRC) has released the *Regulations on Overseas Investment Management (Revised Draft for Public Comment)* and is soliciting public feedback from August 21, 2026, to September 20, 2026. The draft expands the scope of investors to include individual residents and explicitly defines reinvestment abroad as overseas investment. Investors are required to obtain approval documents or filing notifications before carrying out overseas investments. For individual residents, the filing authority will be the provincial-level NDRC department in their place of household registration or habitual residence. The draft also mandates that investors submit an annual report on overseas investment information through an online system by March 31 each year.