The firm said it has roughly $200 million in untapped cash for further ETH acquisitions.
SharpLink has expanded its Ether treasury to almost 800,000 ETH after last week’s $252 million purchase, while also approving a $1.5 billion stock buyback plan.
FIL trading volume was 75% above 30-day averages, signaling heightened institutional interest.
Pro-XRP lawyer Bill Morgan has called out Jorge Tenreiro, who was the lead counsel in the Ripple case. This follows the conclusion of the long-running legal battle between the crypto firm and the U.S. SEC. XRP Lawyer Calls Out Counsel In Ripple Case In an X post, Bill Morgan revealed that the lead counsel for the SEC in the Ripple case is now a partner at a major law firm. The pro-XRP lawyer further stated that Tenreiro’s profile refers to some of his courtroom successes in crypto enforcement. However, he noted it oddly overlooks and does not mention his two-thirds loss in the Ripple case and the appeal he filed, which the SEC agreed to dismiss. Related Reading: SEC Delays Appeal Withdrawal In Ripple Lawsuit, Pro-XRP Lawyer Says Expect To Hear Something In This Timeframe In line with this, Morgan declared that even Tenreiro knows that Ripple succeeded in what matters. He said that he will always remember the lead counsel for running an “unsustainable legal theory” that XRP was a security, which Judge Torres ruled against by stating that the altcoin in itself is not a security. Meanwhile, the pro-XRP lawyer alluded to the lead counsel’s attempt to smear John Deaton’s character before the court in the Ripple case. Deaton was actively involved in the case as an amicus curiae, supporting the crypto firm in its case against the Commission. Notably, Tenreiro spearheaded other crypto cases during his time at the SEC. He brought the enforcement actions against Binance, Terraform Labs, and Sam Bankman-Fried in the FTX case. Just like the Ripple case, the Binance case has also been dropped, while Tenreiro and his team received a favorable ruling in the Terraform case. Notably, he was reassigned to the IT department when the Trump administration came into office. This was before Tenreiro’s exit from the SEC. XRP Lawsuit Finally Concludes The Ripple SEC lawsuit has finally concluded after almost five years, since the Commission first instituted the case. This development follows the U.S. Appeals Court’s approval of the Joint Stipulation of Dismissal from the crypto firm and the Commission. With this, the SEC and Ripple have now dropped their appeal and cross-appeal cases, respectively. Related Reading: XRP Price Crashes After SEC Denies XRP ETFs, What Are The Next Important Dates? The next move will be for Ripple to fulfill its $125 million monetary judgment that Judge Torres ordered against it in her final ruling due to its securities violations. The crypto firm will have to pay the complete sum, as Judge Torres decided not to adopt the settlement agreement that both parties had reached earlier in the year. Under the settlement agreement, Ripple would have only had to pay $50 million out of the $125 million. At the time of writing, the XRP price is trading at around $2.94, down almost 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
The crypto market has turned red, leaving many investors asking what’s next and which altcoins could be worth buying. While Bitcoin struggles to break past the $112K resistance, popular trader Crypto Banter believes the spotlight may soon shift toward altcoins. In his latest update, Banter highlighted a handful of coins that he thinks are preparing …
Recently, the TAO price has been at the center of attention in recent weeks, as Bittensor continues to dominate AI-driven crypto discussions. While social sentiment around the project remains strong, its price dynamics tell a different story, showing persistent challenges. Current market conditions suggest TAO price is in a critical phase, navigating between bearish pressure …
Canary Capital has filed an S-1 registration statement with the U.S. Securities and Exchange Commission to launch a Trump Coin ETF. This fund aims to offer investors exposure to cryptocurrencies linked to the U.S., including Trump-branded digital assets. The ETF will be part of Canary’s broader strategy to focus on American-made crypto projects, trading under …
Developers are sharing stories related to concerning BigQuery pricing strategies, which charged multiple developers with a $5,000 bill for a single query.
Tron has officially integrated with deBridge, enabling fast and secure cross-chain asset transfers. This integration connects Tron’s large user base to over 25 blockchain networks, supporting seamless movement of tokens like ETH, USDC, and SOL. deBridge’s zero-TVL architecture ensures native asset transfers with no wrapped tokens or slippage risks, providing real-time execution and strong security. …
Since the beginning of June, ether treasury companies and ETH ETFs have purchased a massive 4.9% of the crypto's circulation, the bank's Geoff Kendrick said.
Like an athlete who has been on the juice too long, the U.S. economy could start seeing diminishing returns from rate cuts and fiscal spending — and more side effects.
Platforms are capping bug bounty rewards to cut costs, creating dangerous incentives that could lead to billion-dollar crypto hacks instead of disclosures.
The venture could significantly influence the digital economy by integrating decentralized finance and tokenized assets into mainstream markets.
The post Trump Media teams with Crypto.com to launch $6.4 billion CRO treasury venture appeared first on Crypto Briefing.
YZi Labs has made a strategic investment in USD AI, a synthetic stablecoin protocol backed by computing resources, AI hardware, and network nodes. The exact investment amount was not disclosed. USD AI previously raised $13 million from investors such as Framework Ventures, Dragonfly, Bullish, and Arbitrum. This investment aims to support USD AI’s innovative yield-bearing …
Cardano (ADA) was also an underperformer, declining 1.8% from Monday.
Bitcoin bulls are still feeling the heat from a giant liquidation cascade. How much can they lose before a BTC price rebound kicks in?
Fidelity and BlackRock led the rebound in spot Bitcoin ETFs on Monday, with FBTC pulling in $65.56 million and IBIT adding $63.38 million.
Bitwise Chainlink ETF aims to provide investors with direct exposure to LINK and has named Coinbase Custody as the proposed custodian for the tokens.
New Trump-backed SPAC deal creates Trump Media Group CRO Strategy, funded by $1 billion in CRO tokens, cash, warrants and a $5 billion credit line from Yorkville.
Trump Media will buy $105 million in CRO while Crypto.com takes $50 million in DJT stock as part of a partnership that makes the Cronos token central to Truth Social’s rewards system.
On Bloomberg’s “ETF IQ” on Monday, REX Financial chief executive Greg King made his most forceful public case yet for Solana’s role in real-world finance—especially for stablecoins—and explained why his firm built a 1940 Act, staking-enabled ETF around SOL rather than waiting for a traditional ’33 Act spot product. Solana Vs. Ethereum King did not hedge when asked to put the Solana-versus-Ethereum debate into plain language for mainstream investors: “Eth is the second biggest crypto. Solana is basically top five. A lot of people think Solana is the up and comer that will overthrow the area. It is a very controversial debate. I’ve probably made friends and enemies even suggesting that now.” That framing goes to the heart of today’s market divide. Ethereum remains the default base layer for on-chain finance and developer tooling; Solana’s pitch is raw throughput and low-latency UX for payments, consumer apps, and—crucially in King’s view—stablecoin settlement at scale. It’s also the practical rationale for REX’s product design: if the chain’s economics are driven by volume and staking, package both into a regulated fund wrapper that passes yield through to shareholders. Related Reading: Solana Boost – Medical Firm’s $400M Stock Sale Powers New SOL Treasury “Solana is basically faster and more designed for high processing speed. Frankly, when I saw the big debate come out about stablecoins being all built on Eth, I was like, this is a huge oversight. I think Solana is the story of the future as far stablecoins go.” The vehicle implementing that thesis is SSK—the firm’s Solana-forward ETF that stakes SOL and pays a monthly distribution. King characterized staking for non-crypto natives as an income stream tied to network security rather than energy-intensive mining. “It boils down to, for investors, basically an interest rate on your crypto,” he said, noting that on Solana it “varies… somewhere between the 6% to 8% annualized range.” In SSK’s design, those rewards are not trapped inside the fund: “SSK is the first fund to deliver that staking reward through to investors in the US,” he said, adding that the current run-rate distribution is “roughly 5% a year right now,” with the standard caveat that payouts fluctuate. REX Financial CEO Greg King believes Solana is the story of stablecoin’s future over Ethereum. He speaks with @EricBalchunas on “ETF IQ” https://t.co/aVEoiSkzfo pic.twitter.com/iQx9g4oYJg — Bloomberg TV (@BloombergTV) August 25, 2025 Solana ETF Spotlight A second pillar of King’s argument is structural. He drew a bright line between ’33 Act spot ETPs—long familiar to crypto investors via grantor-trust structures—and the ’40 Act investment-company wrapper REX chose. The latter, he said, is “the better wrapper… more investor safeguards, more flexible.” Related Reading: Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target In practice, that means an actively managed portfolio that can hold SOL directly and via listed instruments while delegating to institutional validators and optimizing for staking capture and liquidity. It also means higher all-in costs than a plain-vanilla equity ETF and concentrated exposure to a single crypto-asset’s volatility—trade-offs the firm acknowledges even as it leans into the yield-plus-beta pitch. The interview also touched on the coming product wave across US exchanges. Bloomberg’s Eric Balchunas flagged the queue of ’33 Act spot applications for tokens with established futures markets, while co-host Katie Greifeld pressed on timing for a “pure spot Solana ETF.” King was cautious on exact dates but not on direction: “I do think we see a bit of an explosion,” he said—then immediately drew boundaries around quality control. “Crypto gets pretty sketchy below the top 10, certainly below the top 20. I think there is some significant picking and choosing that has to happen by issuers there.” Even among majors, he expects “a lot of funds per coin,” with Solana a “great candidate” given its combination of scale, perceived “underdog” status in the race with Ethereum, and comparatively larger staking reward. At press time, SOL traded at $188. Featured image created with DALL.E, chart from TradingView.com
Institutional inflows are driving ETH's price highs, while retail DeFi activity remains subdued compared to previous cycles.
deBridge has integrated Tron, bringing the largest USDT network into its cross-chain routing to allow swaps between Ethereum, Solana and 25+ blockchains.
Recently, the OKB price has shocked the crypto market in August 2025, by giantly soaring over 450% and briefly outpacing Bitcoin and Ethereum in momentum. This became possible as an upgrade turned its supply cap fixed at 21 million; this, combined with the launch of X Layer using OKB as gas, this gave this token …
Trump Media, Crypto.com, and Yorkville America Digital are collaborating to launch a $6.42 billion CRO digital asset treasury, holding about 19% of the circulating supply. This strategic move aims to strengthen their positions within the crypto market and showcase confidence in the Cronos ecosystem. The partnership also includes plans to offer exchange-traded funds (ETFs) focused …
SharpLink's significant Ethereum acquisition could enhance its market influence and impact the broader crypto ecosystem's stability and growth.
The post SharpLink buys $250 million in Ethereum, raising total holdings to nearly 800,000 ETH appeared first on Crypto Briefing.
The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force, led by Commissioner Hester Peirce, is holding roundtables across the country to discuss digital assets. Peirce recently confirmed that the next session will take place in Scottsdale, Arizona, on October 28, where industry experts, smaller crypto projects, and other stakeholders will share their perspectives. Next …
Veteran crypto journalist Jon Rice is back at Cointelegraph, where he will chart a new editorial direction and strengthen newsroom integrity.
Spot Bitcoin ETFs in the United States ended a difficult run of redemptions with their first day of inflows in more than a week. According to Coinperps data, the products collectively drew $219 million on Aug. 25, marking a shift in investor sentiment after six consecutive trading sessions of withdrawals. This rebound was led by […]
The post Bitcoin ETFs post $219 million rebound while Ethereum funds attract twice the inflows appeared first on CryptoSlate.
XRP remains one of the top cryptocurrencies in 2025. Its adoption is growing as big institutions use it in traditional finance, while the XRP Ledger makes transactions faster and cheaper, boosting its popularity. XRP is one of the digital currencies that can be used for payments, settlement, and cross-border transactions. More than 60 companies, including …