Over half of the 25 largest US banks are now weighing or rolling out crypto-related products. An Aug. 8 status chart shared by River that tracks the giants across two lanes, custody and trading. The snapshot shows multiple firms moving from “not yet” to “exploring,” “announced,” or restricted access for high-net-worth clients, indicating that digital […]
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Stablecoin rails are on pace to challenge incumbent cross-border networks by 2026, as monthly on-chain dollar settlement already runs in the trillions and merchant access widens through mainstream processors. Per RWA.xyz’s live dashboard, stablecoins moved about $3.3 trillion on chain in July, with roughly 39.7 million monthly active addresses, while total stablecoin value sits near […]
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President Donald Trump signed an order on Aug. 7 allowing crypto in 401(k) plans, subject to agency rulemaking. The directive tells the Labor Department, the SEC, and Treasury to revisit constraints on plan menus, opening the door for defined contribution plans to add sleeves tied to Bitcoin and ether through pooled vehicles. The focus now […]
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President Donald Trump will sign an executive order today directing federal regulators to ease legal pathways for 401(k) plans to include private equity, real estate, crypto, and other alternative assets. As Bloomberg reported, the directive tasks the Department of Labor with reevaluating fiduciary guidance under the Employee Retirement Income Security Act (ERISA) and coordinating with […]
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SBI Holdings has submitted applications to Japan’s Financial Services Agency for the approval of two exchange-traded funds tracking Bitcoin and XRP. The filings represent the first dual-asset spot crypto ETF proposal in the country and arrive shortly after the regulator opened discussions around reclassifying digital assets as financial instruments under the Financial Instruments and Exchange […]
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Parataxis Capital is set to go public through a merger with SilverBox Corp IV in a deal that could deliver up to $640 million in capital, according to a definitive agreement announced August 7. The transaction combines $240 million in trust capital with a $400 million equity facility, and it positions the Bitcoin-focused asset manager […]
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PancakeSwap has introduced futures contracts tied to major U.S. stocks, enabling users to trade synthetic versions of Apple, Amazon, and Tesla shares directly on the blockchain, according to an Aug. 5 release. The new feature, live from Aug. 5, allows crypto users to open leveraged long or short positions using only a self-custodied wallet. Trades […]
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Crypto traders are preparing for potential price declines in Bitcoin (BTC) and Ethereum (ETH) this August, with options data from Derive.xyz showing a clear tilt toward bearish positioning. Bitcoin bearish sentiment According to data shared with CryptoSlate, open interest in Bitcoin put options with an Aug. 29 expiry date is nearly five times higher than […]
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Publicly listed Bitcoin (BTC) treasury companies bought $552 million worth of BTC while holders divested exchange-traded fund (ETF) shares between July 31 and August 4. According to Farside Investors’ data, US-traded spot Bitcoin ETFs registered $1.25 billion in outflows between July 31 and August 4. At the same time, data from Bitcoin Treasuries highlighted that […]
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Chainlink has introduced a new product called Data Streams, which delivers live pricing data for major US equities and exchange-traded funds (ETFs) directly onto blockchain networks. According to an Aug. 4 statement, Data Streams is designed to offer live, low-latency data on major US stocks and ETFs, including popular assets like SPY, QQQ, NVDA, AAPL, […]
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Bullish, the institutional crypto exchange backed by tech billionaire Peter Thiel, is targeting a valuation of up to $4.23 billion in its U.S. initial public offering, according to a regulatory filing submitted on Aug. 4. The company is offering 20.3 million shares priced between $28 and $31, potentially raising as much as $629.3 million, Reuters […]
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Verb Technology has priced an oversubscribed $558 million private placement to pivot into a Toncoin (TON)-focused treasury vehicle in partnership with Kingsway Capital. According to an Aug. 4 statement, Verb plans to rebrand to TON Strategy Co. (TSC) post-close and become the first publicly traded treasury reserve for Toncoin (TON), expected on or around August […]
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Coinbase has urged US lawmakers to modernize the Bank Secrecy Act (BSA) by incorporating Zero-Knowledge Proofs (ZKPs) into the country’s financial compliance framework. In an Aug. 4 statement, Coinbase’s Chief Legal Officer Paul Grewal argued that ZKPs could enhance financial transparency while simultaneously protecting consumer privacy. Why Zero-Knowledge Proofs? According to him, the existing Know-Your-Customer […]
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No public company in the United States merely holds gold as its corporate purpose, but a firm listing itself around its TON holdings is entirely viable (and in the works). While gold ETFs have existed for years, the Strategy-style (formerly MicroStrategy) treasury play isn’t viable for gold. As token-backed narratives gain traction, a new class […]
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BitMine Immersion Technologies, the largest corporate holder of Ethereum, revealed that its total holdings are now at 833,137 ETH valued at over $2.9 billion, according to an Aug. 4 statement. This development places BitMine far ahead of previous frontrunner SharpLink, which reportedly holds 438,000 ETH. With this latest acquisition, BitMine has also climbed to third […]
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Crypto investment products saw a $223 million outflow last week, ending a 15-week period of consistent inflows, according to CoinShares’ latest weekly report. This marked a significant shift from the trend earlier in the week, which started with $883 million in inflows. James Butterfill, Head of Research at CoinShares, explained that broader macroeconomic conditions in […]
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Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), has dismissed concerns that the firm holds too much Bitcoin. In an Aug. 1 interview with CNBC, Saylor argued that owning 3% to 7% of the total Bitcoin supply is not excessive. Instead, he called it a balanced position that allows other institutions and individuals to participate. […]
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Bitcoin-focused firm Strategy posted $10 billion in net income for the second quarter of 2025, its strongest financial performance to date. Bitwise CIO Matt Hougan pointed out that Strategy’s profits were nearly three times higher than Goldman Sachs, which reported $3.7 billion over the same period. Strategy also outperformed Bank of America, which earned $6.8 […]
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The Algorand Foundation has released a sweeping new roadmap to revive its ecosystem and push blockchain adoption into everyday life. Announced on July 31, the 2025+ roadmap is a strategic pivot meant to reassert Algorand’s relevance in a market increasingly dominated by competitors like Solana and Ethereum. According to CEO Staci Warden, the Foundation is […]
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Robinhood and Kraken have both reported strong year-over-year (YoY) gains in their crypto-related metrics, even as quarter-over-quarter (QoQ) results show signs of pressure. On July 30, the two trading platforms released their Q2 2025 earnings, highlighting growth in user activity, asset volume, and strategic product rollouts amid broader market volatility. Robinhood’s crypto revenue surge Robinhood […]
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Coinbase has entered a new agreement with JPMorgan Chase, according to a July 30 statement, to expand crypto access for the bank’s 80 million customers. The partnership will allow Chase users to interact with digital assets directly through Coinbase-linked services, starting later this year. Beginning in the fall, Chase credit card holders will be able […]
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Ripple’s Chief Technology Officer, David Schwartz, has revealed that regulatory risks are the main reason why the company and its partners have not embraced the XRP Ledger’s decentralized exchange (DEX) for payment settlements. The statement came in response to a user on X (formerly Twitter) who questioned the DEX’s underwhelming activity despite Ripple’s wide-ranging institutional […]
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BlackRock stated that stablecoins now sit at the heart of the “future of finance,” and the recently approved GENIUS Act gives them a clear lane as everyday payment instruments. In a July 28 report, the BlackRock Investment Institute wrote that stablecoins “look here to stay” and that recent legislation cements their use in payments rather […]
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The Securities and Exchange Commission (SEC) approved orders allowing authorized participants to create and redeem shares of spot Bitcoin (BTC) and Ethereum (ETH) exchange‑traded products (ETP) in kind. According to a July 29 statement, the agency framed the move as aligning crypto funds with standard practice in commodity‑based ETPs. Additionally, it said the change should […]
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A new report by Standard Chartered identifies publicly traded Ethereum (ETH) treasury companies as a distinct and rapidly evolving asset class, separate from exchange-traded funds (ETFs) and traditional crypto investment vehicles. According to the report, these firms are not holding ETH for speculative purposes. Instead, they are positioning their balance sheets around staking yields, DeFi […]
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BitMine, the largest corporate holder of Ethereum (ETH), believes the asset’s fair value could be as high as $60,000, far above its current market price of around $3,800. In a July 28 post on X, BitMine also noted that some long-term models place ETH’s potential value at more than $700,000. [Editor’s Note: At $700,000, Ethereum’s […]
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Interactive Brokers is considering launching a stablecoin for customers, a move that would add one of the world’s largest discount brokerages to the list of firms using crypto, Reuters reported on July 28. Founder Thomas Peterffy said in an interview with the newswire that the company is “working on potentially issuing stablecoins.” However, a final […]
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Bitcoin’s long-standing four-year cycle, once a dominant framework for predicting price movements, is beginning to lose its influence, according to Bitwise CIO Matt Hougan. In a July 25 post on X, Hougan pointed out that the maturing nature of the crypto market, coupled with rising institutional involvement, is weakening the forces that historically shaped Bitcoin’s […]
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Justin Sun, founder of the Tron blockchain, has set an ambitious goal for Tron Inc. to join the Nasdaq 100 index within the next three years. In a July 25 post on X (formerly Twitter), Sun revealed that Tron Inc. is actively working toward qualifying for inclusion in the tech-heavy index, which features companies like […]
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Ethereum exchange-traded funds (ETFs) are recording a remarkable surge in investor interest, consistently outperforming their Bitcoin counterparts throughout the past week. SoSo Value data shows that spot ETH ETFs attracted $231.23 million in new capital on July 24, edging past the $226.61 million net inflows recorded by spot Bitcoin ETFs. When the timeline is extended […]
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