🚨 Crypto Showdown: $15B Bitcoin & Ethereum Options Expire Today – Binance Futures Crashes as Chainlink & Pyth Battle for Top Spot

Markets brace for impact as $15 billion in crypto derivatives mature—just as Binance Futures goes dark. Meanwhile, oracle wars heat up: Chainlink and Pyth Network duel for institutional favor while traders scramble for position.

• Derivatives doomsday? Today's expiry could trigger violent moves in BTC and ETH

• Exchange outage: Binance Futures glitch sparks panic (and conspiracy theories)

• Oracle arms race: LINK vs. PYTH—which data provider will dominate DeFi's next chapter?

Wall Street's watching this circus through binoculars—sipping lattes while retail traders play high-stakes whack-a-mole with leverage. The real question: When the dust settles, which crypto will institutions anoint as the 'least risky' gamble?

Chainlink and Pyth Network Gain Momentum with U.S. Government Backing: Best Crypto to Buy Now?

Both chainlink and Pyth are rallying on groundbreaking partnerships with the U.S. Department of Commerce. For LINK the positive momentum is fueled by two major developments:

• U.S. Department of Commerce Partnership. The DOC announced it will use Chainlink to bring vital macroeconomic data. This including GDP, the PCE inflation index, and consumption metrics — on-chain from the Bureau of Economic Analysis.
• First Public Company LINK Treasury. Caliber, a NASDAQ-listed real estate asset manager, launched the first-ever corporate LINK treasury, allocating funds into Chainlink.

These catalysts reinforce Chainlink’s position as a key infrastructure LAYER for tokenized assets and global finance, giving investors fresh reasons to consider it the best crypto to buy now.

As for PYTH Network (PYTH): PYTH skyrocketed 91% in 24 hours after being selected to distribute official GDP data across more than 100 blockchains. The token’s trading volume surged past $2.1 billion, at $1.2 billionmarket cap, as momentum indicators like MACD signaled a bullish divergence.

$PYTH is extremely underpriced compare to $LINK and now that we 're having US GDP data on blockchains powered by @PythNetwork, reprice commences and it's going to be televised.
what if pyth at LINK market cap price…? pic.twitter.com/B5n2Rd5857

— sumptu◎us(@sumptuosol) August 29, 2025

Pyth is set to publish five years’ worth of historical GDP data and expand into more macroeconomic indicators. Could PYTH really compete with LINK?

At the time of writing, Bitcoin trades near $110,300 and Ethereum around $4,390, while Chainlink’s momentum is holding its position. High volatility is expected.

Stay tuned to our real-time updates below.

2 hours ago

PetroChina Explores Stablecoin-Based Cross-Border Settlement Amid Hong Kong Regulatory Shift

PetroChina has announced plans to study the feasibility of using stablecoins for cross-border settlement and payments, marking a major step toward financial innovation in the energy sector. The news comes as Hong Kong’s new stablecoin regulatory framework officially took effect on August 1, requiring issuers to obtain licenses and meet strict capital requirements.

According to Yahoo Finance, PetroChina’s CFO Wang Hua confirmed the initiative during the company’s half-year results briefing, noting that the firm is closely monitoring developments from the Hong Kong Monetary Authority. This MOVE positions PetroChina as one of the first energy giants to explore digital asset-based settlement under Hong Kong’s new rules.

Industry analysts suggest stablecoins could lower costs, reduce FX risks, and increase efficiency in global energy trade.

Mantle Surpasses $4 Billion in Treasury Assets, Becomes Market Leader

Mantle has announced that its treasury has surpassed $4 billion in assets, making it the largest in the crypto market. Alongside this milestone, Mantle highlighted its involvement in the recent U.S. Department of Commerce and Chainlink integration, which aims to bring key U.S. government data on-chain.