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Showing posts from July, 2025

Robinhood Shift To Diverse Offerings Fuels Growth In Q2 Earnings

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Trump-Appointed Group Calls For Easier Crypto Regulations From Federal Authorities

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Beeple Set To Host His “CryptoPunks Meetup” NFT Event Next Weekend

The global non-fungible token market has shown signs of a significant recovery, rising in nearly all metrics. Specifically, the market capitalization has risen to $6.6 billion, reaching its highest level since early February 2025. In response to this surge, Beeple, a renowned digital artist, has prepared a non-fungible token event to celebrate the NFT market resurgence. The NFT event is slated to happen next weekend. CryptoPunks Meetup 2.0 Is Coming Next Weekend In a July 29 blog post, Mike Joseph Winkelmann, known professionally as Beeple, confirmed plans to host CryptoPunks Meetup 2.0 this coming month. By description, CryptoPunks Meetup 2.0 is the second community NFT event focused on the CryptoPunks NFT project. Punks is a globally acknowledged non-fungible token collection featuring a fixed set of 10,000 pixilated NFTs hosted on the Ethereum blockchain network. https://t.co/p1ulLXaurS — beeple (@beeple) July 29, 2025 The highly anticipated NFT event, which is open to t...

Stablecoin Google Searches Hit All-Time High as GENIUS Act Fuels $272B Market Surge

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DeFi is paying big to accumulate USDC

Circle issues USDC, the world’s second-largest stablecoin, but guarantees only $1 of value to tokenholders without any yield whatsoever. Nevertheless, operators of so-called decentralized finance (DeFi) protocols are willing to pay curiously high interest rates to anyone who deposits that 0% interest-bearing stablecoin into their platform. Indeed, a new law enacted by the GENIUS Act expressly forbids any interest payments by Circle to USDC holders. Instead, holders venture elsewhere — far away from the safety of Circle’s New York City headquarters — to earn annual percentage returns (APRs) of 59% or beyond. Before understanding the mechanics of these outlandish payouts, however, a newcomer to yield farming must understand the value of USDC beyond its intrinsic $1 peg. DeFi insiders understand that Circle and its larger competitor Tether are in many ways the rulers of blockchains themselves . When Ethereum was considering a hard fork before its merge to p...

Did BSTR get its bitcoin from Tether?

Social media is chattering about the source of funds for the world’s fourth-largest bitcoin (BTC) treasury company, BSTR Inc. With 25,000 BTC simply attributed to “founding shareholders,” some people are speculating that whale could be Tether. On July 17, Blockstream’s Adam Back and Cantor Fitzgerald’s Brandon Lutnick announced a business combination that sparked a rally in Nasdaq-listed Cantor (CEPO) to $16.50 per share. A week prior to the news, shares had been trading 40% lower around $11.80. After a brief rally into that announcement, CEPO, which will soon undergo a ticker change to BSTR , has round-tripped back below $11.80. As of publication time, shares have slid another 3% intraday. Three facts catalyzed those fleeting days of exuberance in mid-July.  First, Back’s involvement granted the company instant credibility from one of the earliest and most prominent living Bitcoiners. Back has worked in the crypto industry since 1997 and has le...

Asia’s Bitcoin Giant Metaplanet Adds 780 BTC In Massive Crypto Bet

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Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant

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BlackRock Crypto Head Leaves to join Ethereum treasury company

BlackRock’s head of crypto and digital assets, Joseph Chalom, says he is leaving the company to join the second-largest treasury company of Ethereum . In a Friday statement, Chalom says that he will be joining Ethereum’s SharpLink Gaming as co-CEO. “Ethereum is becoming the foundation of global finance,” Chalom said in an X post announcing the move. “That’s where the future is being built.” JUST IN: BlackRock's head of digital assets leaves the company to join second-biggest Ethereum treasury company, SharpLink Gaming. — Watcher.Guru (@WatcherGuru) July 25, 2025 Chalom was the leader in BlackRock’s recent push towards crypto over the last few years, including launching its spot Bitcoin and Ethereum ETFs. Rob Phythian, SharpLink’s current CEO, will transition to the role of president over the next quarter and remain a member of the firm’s Board of Directors. Ethereum’s momentum has been surging in the past week. Investors have put in $3.3 billion into ...

Strategy (MSTR) Raises Bitcoin Fundraising Target to $2 Billion

Michael Saylor’s Strategy (MSTR) is raising its target for its equity sale to fund Bitcoin purchases to $2 billion, quadrupling its original target. The company is moving ahead with the sale of its Series A Perpetual Stretch preferred shares, which will be priced at $90 each. Strategy is continuing its massive Bitcoin plan as the coin continues to surge, most recently hitting an ATH of $123,000. This offering comes at a time when the company’s stock has surged 42.5% year-to-date, and is trading around $417 on Thursday. The offering is being managed by a group of banks, including Morgan Stanley, Barclays, Moelis & Company, and TD Securities. The sale will include 5 million Stretch shares, a number confirmed by Bloomberg. Strategy acquired 4,225 BTC between July 7 and July 13 at an average price of $111,827 per coin. That latest purchase brings Strategy’s total holdings to 601,550 BTC, acquired at a combined purchase price of $42.87 billion and an average cost basis of $71,268 per ...