【Bitoo Daily News Highlights】Coinbase's market capitalization surpasses $100 billion for the first time; Bloomberg: Wall Street giant Vanguard, which previously publicly questioned BTC, is the largest institutional holder of MSTR stock; The Fed, FDIC, and OCC clarify the rules for banks holding crypto assets for customers in a joint statement.

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[Coinbase's market value first breaks 100 billion dollars]

According to reports, following Bitcoin's historic high this weekend, Coinbase, the largest cryptocurrency exchange in the United States, saw its market value surpass $100 billion for the first time on Monday. Market data shows that Coinbase's stock price briefly touched a high of $398.50 during the trading session, closing up 1.8% at $394.01 per share. This marks a historic closing high for the stock (the company went public in April 2021). According to Yahoo Finance, based on today's closing price, Coinbase's current market value is approximately $100.36 billion—this is the first time the cryptocurrency exchange's market value has reached this level.

[Bloomberg: Wall Street giant Vanguard, which once publicly questioned BTC, is the largest institutional holder of MSTR stock]

According to Bitpush news and Bloomberg reports, despite previously criticizing Bitcoin, the fund giant Vanguard Group, which manages $10 trillion in assets, has become the largest shareholder of Michael Saylor's company Strategy through its subsidiary funds.

Bloomberg charts show that Vanguard's funds currently hold 20 million shares of Strategy, accounting for 8% of its outstanding common stock. The report states that Vanguard is likely to surpass Capital Group Cos. in the fourth quarter, becoming the largest shareholder of Strategy stock.

On Monday, Strategy, co-founded by Executive Chairman Michael Saylor, invested approximately $472.5 million to purchase 4,225 bitcoins at an average purchase price of $111,827 per coin. As a result, Strategy's total bitcoin holdings have reached 601,550 coins.

[The Federal Reserve, FDIC, and OCC Clarify Rules for Banks Holding Cryptocurrency on Behalf of Customers in Joint Statement]

The U.S. federal banking agencies issued a joint statement outlining how existing rules apply to banks holding cryptocurrency on behalf of customers, marking the latest effort by regulators to clarify how banks can engage with this emerging industry.

The Federal Reserve Board, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) emphasized in a joint statement that the guidance does not establish new regulatory requirements but clarifies the applicability of existing rules to cryptocurrency custodial services. The regulators specifically noted that banking institutions should assess the associated risks, including cybersecurity, encryption key management, and other sensitive information management, just as they would for any new product or service.

"Considering the rapid evolution characteristics of the cryptocurrency asset market, including the underlying technology features, banking institutions need to establish a management framework that can dynamically adapt to the associated risks." the statement read.

In the months since President Donald Trump took office, several agencies have issued statements and letters clarifying their positions on cryptocurrency regulation. For example, the Office of the Comptroller of the Currency (OCC) stated in May that U.S. banks can engage in buying and selling crypto assets on behalf of their customers. The Federal Deposit Insurance Corporation (FDIC) has also changed its stance on cryptocurrency, stating that it will allow financial institutions to engage in cryptocurrency activities without prior notice to the agency.

[PUMP Team only added 4 million dollars in initial liquidity, current total liquidity is 50 million dollars]

According to Bi推 news, crypto analyst AI Yi disclosed that the PUMP token team only added an initial liquidity of 4 million USD, and the current total liquidity is 50 million USD, most of which was added by retail investors.

24% of the airdrop allocated to the community and ecosystem is currently unknown, and the spot price of 0.0055 USD is still higher than the public offering price of 0.004 USD.

[Meme Coin TRUMP has generated $172 million in trading fees for 10 exchanges]

According to Bitpush news, the Trump-themed meme coin TRUMP generated $172 million in trading fees for 10 exchanges. The token was listed on exchanges just 4 days after its launch, significantly shorter than the average review period of 129 days for similar tokens. Coinbase decided to list it in just 1 day but prohibited residents of New York from trading to avoid local regulatory risks.

Data shows that 80% of the supply of TRUMP tokens is held by the Trump family and their partners, with 45 wallets profiting $1.2 billion through trading, while 712,000 wallets have collectively lost over $4.3 billion. The token fell 78% after reaching an all-time high in January.

[Bernstein: Bitcoin price will reach $200,000 in early 2026]

According to BitPush news, Bernstein's analysts expect that the cryptocurrency bull market could continue until 2026, driven by institutional adoption rather than retail chasing higher prices. In a report sent to clients on Monday, analysts led by Gautam Chhugani wrote that the market is now being driven not only by retail chasing higher prices but also by institutional adoption. "Our confidence in blockchain and digital assets has never been higher," the analysts reiterated the $200,000 BTC price target.