Key Takeaways ETH, SOL and BNB could gain from increased onchain issuance. Crypto projects could raise up to $75 million under the proposal. Some tokens could exit investment-contract treatment under a safe harbor. Grayscale Identifies Three Potential Beneficiaries Public blockchain activity could expand under proposed U.S. fundraising rules, Grayscale Head of Research Zach Pandl wrote…
Key Takeaways Clearpool and Cicada are building RLUSD lending on XRPL after $930M+ in Clearpool loans. Ripple’s RLUSD model targets the 98% of DeFi yield still driven by market mechanisms. XRPL mainnet launch depends on XLS-65 and XLS-66 winning governance approval. Ripple, Clearpool and Cicada Shift DeFi Yield Toward Real Business Credit Ripple is backing…
Key Takeaways Bitcoin rose from about $62,653 to a $79,461 high, trading near $77,000 on Aug. 21. CME and Binance held about $20.37 billion of bitcoin futures open interest, amplifying market risk. Jackson Hole, Treasury yields and Aug. 22 bitcoin options expiry are the next key tests. The session offered some breathing room after a…
Key Takeaways Sandmark found Binance allowed new EU accounts after the July 1 MiCA deadline without any license warnings. ESMA requires unauthorized firms to halt EU onboarding, yet Binance says it seeks MiCA compliance. EU regulators are penalizing MiCA violations, signaling strict legal risks for non-compliant exchanges. Binance Reportedly Still Onboarding Users in the European…
Key Takeaways The U.S. Treasury raised debt buyback limits, fueling a 20% Bitcoin rally and reviving the debasement trade. Experts warn this Treasury move will spur a sharp dollar decline as investors seek hard asset protection. Despite doubts, Bitcoin outpaced precious metals, acting as digital gold and decoupling from tech stocks. Bitcoin Rally Sparks Debasement…
TRON has established itself as one of the most widely used networks for USDT settlement, with USDT-TRC20 accepted for deposits and withdrawals across a broad range of major exchanges and payment services. That breadth of acceptance has made it a common choice for exchange-to-exchange transfers and for dollar-denominated payments in emerging markets, supporting the reliable…
Key Takeaways Sharplink staked 39,319 ETH worth about $91 million in a single move on August 21. The addition builds on an 888,938 ETH treasury the company reported earlier this month. CEO Joseph Chalom’s team posted $11.2 million in Q2 staking revenue despite a $394.3 million net loss. Another Staking Batch, Another Data Point Lookonchain…
Key Takeaways Bitcoin surpassed $79,000 on Friday as mounting U.S. debt fears over $40 trillion boosted alternative assets. Over $1.22 billion in short positions were wiped out across crypto markets, aiding Strategy’s profitability. Prediction market traders heavily favor bitcoin breaching $80,000 next, with 71% anticipating further gains. Short Sellers Squeezed as Liquidations Top $1B Bitcoin…
Key Takeaways Coinbase CEO Brian Armstrong reminded his followers that a Senate cloture vote on the CLARITY Act needs 60 votes on September 15. CFTC Chairman Mike Selig has planned new crypto rules by September 16 if the bill stalls again. Armstrong also expects bitcoin near $300,000 to $400,000 by 2030 as regulatory clarity firms…
Key Takeaways Injective said its arm became an SEC-registered transfer agent for securities. Injective’s SEC status adds regulated recordkeeping to four live tokenized asset classes. Injective’s next test is scaling adoption among banks and issuers after its 2026 regulatory push. Injective Targets 4 Asset Classes With SEC Transfer Agent Status Injective is adding regulated securities…
