Today's news tips:
Japan to approve first yen-denominated stablecoin JPYC
The Shanghai Composite Index hit a 10-year high, and the market capitalization of A-shares exceeded 100 trillion yuan, setting a historical high.
CMB International Securities launches virtual asset trading services
Binance Alpha to List DecentralGPT (DGC) on August 20
Binance Launches Plume (PLUME) Airdrop for HODLers
Metaplanet purchased another 775 bitcoins, bringing its total holdings to 18,888
Ethereum spot ETFs saw a net inflow of $2.85 billion last week, a record high
CoinShares: Digital asset investment products saw net inflows of $3.75 billion last week
Regulation & Macro
Japan to approve first yen-denominated stablecoin JPYC
Nikkei News reports that Japan's Financial Services Agency (FSA) will approve the issuance of the country's first yen-denominated stablecoin, JPYC, this month. The FSA will register fintech company JPYC Inc. as a remittance business, with sales expected to begin within weeks of registration. The digital currency will be backed by liquid assets such as government bonds to maintain its value at 1JPYC = 1 yen.
South Korea's Financial Services Commission plans to submit a stablecoin regulation bill in October
According to The Block, South Korea's Financial Services Commission plans to submit a stablecoin regulatory bill to the legislature in October, covering issuance, collateral management, and risk control requirements. The bill will be included in the second phase of the digital asset legal framework. South Korea's four largest banks may meet with Heath Tarbert, president of USDC issuer Circle, next week to discuss stablecoin cooperation. Japan is also expected to approve the issuance of its first yen-denominated stablecoin in the fall.
According to the Xiongan official account, under the guidance and support of the Xiongan New Area branch of the People's Bank of China, the Hebei Xiongan branch of the Industrial and Commercial Bank of China combined the functional characteristics of the digital currency bridge and the integrated foreign currency and RMB funds pool business of multinational corporations to successfully handle the first multilateral central bank digital currency bridge business for Sinochem Group Finance Co., Ltd., the first batch of central enterprise financial companies to be relocated.
The market capitalization of A-shares exceeded 100 trillion yuan, setting a historical high
According to the Securities Times, the combined market capitalization of A-share companies today exceeded 100 trillion yuan (calculated by multiplying the latest A-share price by total A-share capital), reaching a record high and the first time in A-share history that this has happened. Specifically, as of press time, Agricultural Bank of China (ABC) ranked first in the A-share market capitalization rankings, with 2.19 trillion yuan, followed by Industrial and Commercial Bank of China (ICBC) with a market capitalization of 2.02 trillion yuan. In addition, four other A-share stocks—Kweichow Moutai, PetroChina, Bank of China, and CATL—each had a market capitalization exceeding one trillion yuan.
The Shanghai Composite Index hit a 10-year high, rising nearly 1% on the day
The Ministry of Finance decided to carry out government bond market making support operations
In order to support treasury bond market making, improve the liquidity of the treasury bond secondary market, and improve the treasury bond yield curve that reflects the market supply and demand relationship, the Ministry of Finance has decided to carry out treasury bond market making support operations.
Project News
Wilder World (WILD) is now available on Binance Alpha, with an airdrop starting at 200 credits.
Wilder World (WILD) is now available on Binance Alpha. Users with at least 200 Binance Alpha Points can claim an airdrop of 100 WILD tokens. This airdrop is available on a first-come, first-served basis. The minimum score will automatically decrease by 15 points every hour while the promotion is ongoing. Please note that claiming the airdrop will cost 15 Binance Alpha Points. Users must confirm their claim within 24 hours on the Alpha promotion page; otherwise, they will forfeit the airdrop.
Binance: Users holding at least 200 Alpha Points can claim a 320 DAM airdrop
Binance Alpha has announced that it has become the platform to list Reservoir (DAM). Alpha trading will open at 11:00 AM (UTC) on August 18th, and futures trading will open at 12:30 PM (UTC). Users holding at least 200 Binance Alpha Points can claim a 320-DAM airdrop on a first-come, first-served basis after trading opens. Claims will cost 15 points and must be confirmed within 24 hours on the Alpha Events page; otherwise, the claim will be forfeited.
Binance: Users holding 230 or more Alpha Points can participate in the RICE AI TGE
Binance announced that users holding 230 or more Binance Alpha points can participate in the RICE AI TGE through the Alpha event page, and 15 points will be deducted for participation.
BAS tokens will be officially circulated on August 19
According to Binance Wallet, BASCAN_io announced that BAS tokens will begin circulating at 06:00 (UTC) on August 19th. Participants in the BAS Pre-TGE will be able to trade BAS tokens on Binance Alpha. Winners from Weeks 1 and 2 of the BAS Booster Campaign will be able to claim and trade BAS tokens within 8 hours of the tokens becoming available.
Coinbase's New York team is focusing on its "universal exchange" project.
Coinbase CEO Brian Armstrong tweeted that the Coinbase team worked intensively on the "Everything Exchange" project from 9:00 AM to 9:00 PM (and later) daily in New York City last week. CEO Brian Armstrong announced that all key project teams will be scheduled for similarly intense work in the third quarter to accelerate progress.
Nate Geraci, co-founder of The ETF Institute, wrote on the X platform that the vast majority of investors participating in the Bank of America Global Fund Manager Survey still have zero exposure to cryptocurrencies. Among the few investors who have exposure, the average portfolio allocation is 3.2%.
CMB International Securities launches virtual asset trading services
CMB International Securities has officially launched virtual asset trading, becoming the first Chinese bank-affiliated brokerage to receive such a license in Hong Kong. Qualified investors can trade Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) 24/7 via the app.
Binance Alpha to List DecentralGPT (DGC) on August 20
Binance Alpha will first list DecentralGPT (DGC) on August 20th. Eligible users can use Alpha points to claim the airdrop on the Alpha Events page.
Binance Launches Plume (PLUME) Airdrop for HODLers
On August 18th, Binance announced the launch of the 32nd HODLer airdrop for Plume (PLUME), an EVM-compatible blockchain supporting real-world assets (RWA). Users who subscribe to Binance Finance (fixed or demand deposits) or on-chain earning products using BNB between 08:00 AM on July 24th and 07:59 AM on July 28th will receive a retroactive PLUME airdrop. Airdrop information is expected to be available within 24 hours, with tokens distributed to spot wallets at least one hour before trading begins.
Binance will open PLUME trading pairs for USDT, USDC, BNB, FDUSD, and TRY at 11:00 PM on August 18th, with seed-tag trading rules applying. Deposits will open at 7:30 PM on the same day. The total supply of PLUME genesis tokens will be 10 billion, with a listed circulating supply of 2.65 billion.
Important data
According to data disclosed by Entropy Advisors, Arbitrum DAO was one of the first organizations to join the Ethereum Strategic Reserve, with its Ethereum treasury growing by approximately 36% per month. At the time of writing, it reached 22,500 ETH, worth nearly $100 million, accounting for 0.02% of the current Ethereum supply.
Metaplanet purchased another 775 bitcoins, bringing its total holdings to 18,888
According to Metaplanet's announcement, the company purchased 775 Bitcoins for approximately $93 million, at a price of approximately $120,000 per Bitcoin. This represents a 480.2% year-to-date Bitcoin yield. As of August 18, 2025, the company holds a total of 18,888 Bitcoins, at a total cost of approximately $1.94 billion and an average price of approximately $102,700 per Bitcoin.
Ethereum spot ETFs saw a net inflow of $2.85 billion last week, a record high
According to SoSoValue data, Ethereum spot ETFs saw a net inflow of US$2.85 billion during last week's trading days (August 11 to August 15, US Eastern Time), setting a record high.
The Ethereum spot ETF with the largest weekly net inflow last week was Blackrock's ETHA ETF, which saw a weekly net inflow of $2.32 billion, bringing ETHA's total historical net inflow to $12.16 billion. The second largest was Fidelity's FETH ETF, which saw a weekly net inflow of $361 million, bringing FETH's total historical net inflow to $2.74 billion.
The Ethereum spot ETF with the largest net outflow last week was the Grayscale Ethereum Trust ETF ETHE, with a weekly net outflow of US$71.57 million. The current historical total net outflow of ETHE has reached US$4.39 billion.
As of press time, the total net asset value of the Ethereum spot ETF was US$28.15 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reached 5.34%, and the historical cumulative net inflow has reached US$12.67 billion.
Bitcoin spot ETFs saw a net inflow of $548 million last week, with IBIT leading the way.
According to SoSoValue data, Bitcoin spot ETFs saw a net inflow of $548 million from August 11th to 15th, Eastern Time. BlackRock's IBIT saw a net inflow of $888 million, bringing its total net inflow to $58.67 billion. Grayscale BTC saw a net inflow of $32.97 million, bringing its total net inflow to $1.72 billion. Regarding net outflows, ARKB saw an outflow of $184 million, bringing its total net inflow to $2.2 billion. Grayscale GBTC saw an outflow of $95.96 million, bringing its total net outflow to $23.8 billion. As of August 18th, the total net asset value of Bitcoin spot ETFs reached $151.98 billion, representing 6.54% of Bitcoin's total market capitalization.
ChatGPT mobile app reaches $2 billion in global revenue and nearly 700 million downloads
According to TechCrunch, ChatGPT has generated $2 billion in global consumer spending since its iOS and Android app launch in May 2023, roughly 30 times the combined revenue of similar products (including Claude, Copilot, and Grok). In the first seven months of this year, it generated $1.35 billion in revenue, a 673% year-over-year increase. To date, ChatGPT has been installed 690 million times worldwide, with India leading the way with 13.7%, followed by the United States with 10.3%. US users spend an average of $10 per download, representing 38% of total revenue.
CoinShares: Digital asset investment products saw net inflows of $3.75 billion last week
According to CoinShares' latest weekly report, digital asset investment products saw $3.75 billion in net inflows last week, pushing total assets under management to a record high of $244 billion. Ethereum saw $2.87 billion in weekly inflows, accounting for 77% of total inflows and bringing its year-to-date inflows to $11 billion, far exceeding Bitcoin's. Bitcoin saw $552 million in inflows during the same period. Solana and XRP saw inflows of $177 million and $126 million, respectively, while Litecoin and TON saw net outflows of $400,000 and $1 million, respectively. The United States saw the largest inflows, accounting for 99%.
Token Unlocks data shows that FTN, ZRO, KAITO and other tokens will usher in large-scale unlocking, including:
Fasttoken (FTN) will unlock approximately 20 million tokens at 8:00 AM Beijing time on August 18, accounting for 2.08% of the current circulating supply and valued at approximately US$91.4 million.
LayerZero (ZRO) will unlock approximately 25.71 million tokens at 7:00 PM Beijing time on August 20th, representing 8.53% of the current circulating supply and valued at approximately $56.6 million.
KAITO (KAITO) will unlock approximately 23.35 million tokens at 8:00 PM Beijing time on August 20th, accounting for 10.87% of the current circulating supply and valued at approximately US$26.2 million.
SOON (SOON) will unlock approximately 41.88 million tokens at 4:30 PM Beijing time on August 23rd, accounting for 13.04% of the current circulating supply and valued at approximately US$12.1 million.
ZKsync (ZK) will unlock approximately 25.71 million tokens at 7:00 PM Beijing time on August 20th, representing 8.53% of the current circulating supply and valued at approximately $56.6 million.
Melania Meme (MELANIA) will unlock approximately 26.25 million tokens at 8:00 AM Beijing time on August 18, accounting for 5.60% of the current circulation and worth approximately US$5.7 million.
