SOPH (Sophon) Trading Advisory Notice
upbit.com
#Upbit #Listing
⏱️ Time (UTC): 06:00:08.904

Amid the increasing price of Bitcoin, the trader faced four liquidations within just 14 hours, culminating in the total loss of his short positions amounting to 375.8 BTC (approximately $32.55 million).

Amid the rally in Bitcoin's value, the trader faced four liquidations within a span of 14 hours, culminating in the full liquidation of his short positions totaling 375.8 BTC, equivalent to approximately $32.55 million.

Injective (INJ) Trading Restrictions Lifted

Upbit has announced the removal of trading restrictions on Injective (INJ). Details are available on their official notice page: upbit.com.

A bitcoin wallet associated with one of the earliest users of the cryptocurrency has moved its entire holdings after over 14 years of dormancy. The wallet, which received 600 BTC fourteen years ago when the cryptocurrency's value was merely $8 per bitcoin, has now transferred all its coins. The total amount, valued at approximately $51.28 million at current prices, has remained untouched for more than a decade. This movement marks the first activity in years, highlighting the astonishing growth from an initial investment of just $4,800 to a current unrealized profit exceeding fifty-one million dollars—a return of over ten thousand times the original amount.

Russia emphasizes that establishing a regulated cryptocurrency market remains a top priority.

According to Deputy Finance Minister Chebeskov in an interview with TASS, the volume of cryptocurrency transactions in Russia amounts to approximately 50 billion rubles daily.

Three newly identified wallets have collectively amassed a total of 782,130 UNI tokens, with a current value of approximately $6.97 million:

1. Wallet 0xbD9C received 130,000 UNI, worth $1.14 million, from Galaxy Digital.
2. About 21 hours ago, wallet 0xf415 withdrew 221,955 UNI, valued at $1.99 million, from both Bybit and OKX.
3. Over the last three days, wallet 0x9681 withdrew 430,174 UNI, amounting to $3.84 million, from Binance and Gate.

Saudi Arabia has resumed operations on the East-West oil pipeline.

ARKM: We have just completed the development of Tracer v2, a tool from Arkham designed to track the movement of funds across bridges and various blockchains.

ARKM: We have just completed the development of Tracer v2, a tool by Arkham designed to track the movement of funds across bridges and multiple blockchains.

🇷🇺🕹 #regulation The Ministry of Finance has announced that the State Duma will examine a bill this fall concerning penalties for the circulation of digital currencies carried out without proper licensing or registration.

Binance invests 100 million dollars in Circle, strengthening their collaboration around stablecoins.

Bernstein forecasts that the annual forecasting market will grow from $410 billion in 2026 to $10 trillion by 2035.

The European Central Bank plans to invest its own funds into tokenized securities by leveraging Pontes' distributed ledger technology (DLT). (cointelegraph.com)

The CME Group prepares to expand its range of cryptocurrency derivatives with the inclusion of UNI and BCH.

Infosys partners with Chainlink to accelerate on-chain institutional finance, leveraging infrastructure that supports over 1.7 billion customer accounts worldwide.

Gnosis Pay will cease the operation of debit cards and web applications on December 20 of this year.

Bitcoin has closed above its 365-day moving average for the first time since March 2023, a benchmark that has historically signaled key turning points in bull markets since 2019. The next significant resistance level lies between $88,000 and $90,000.

Pyth Network has become an external distributor for Nasdaq Basic, integrating Nasdaq's real-time quoting and trading services for US stocks into its Data Marketplace.