Technology
Stablecoins
Ripple seeks a national bank charter approval to place RLUSD under state and federal oversight
According to CEO Brad Garlinghouse, an approval on the request would create a new benchmark for trust in the stablecoin market.
Adoption
Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy
The initial $55 million investment registered a 27% return, resulting in the current $70 million exposure.
Analysis
Bitcoin holders exhibit ‘diamond hands’ as unrealized profits swell past $1 trillion
Bitcoin's last week bounce was seen as a "constructive signal," as it occurred at a level that historically separates bullish from bearish regimes.
Adoption
Corporate treasuries double ETF Bitcoin buys in H1, signaling aggressive boardroom adoption
The falling participation of Strategy in the amount highlighted increasing corporate interest in Bitcoin picking up the pace with retail and other institutional investors.
ETF
SEC reportedly considering standard to fast-track crypto ETFs
According to ETF analysts, such a standard would be very good news to the market and it is what everyone wants.
ETF
SEC approves Grayscale Index ETF conversion, clears Solana, XRP, Cardano for spot trading
The approval marks the first multi-crypto basket index to trade as an ETF in the US.
DEX
DEXs capture almost 30% of CEX spot activity in June, setting new record
As decentralized exchanges register a 12% slide in monthly trading volumes, CEX crash nearly 30%.
Stablecoins
Circle targets federally regulated trust status to manage stablecoin reserves, offer custody services
Circle aims to streamline compliance ahead of the potential passage of the GENIUS Act while reducing counterparty risk for large depositors.
Analysis
Macro conditions keep Bitcoin boxed between $100k and $110k, bulls awaiting catalyst
The Fed announcing rate cuts on the horizon could drive Bitcoin above the $110,000, starting a new upside momentum.
Analysis
Ethereum poised for $3,000 with regulatory tailwinds and ETF demand
MEXC Research sees Ethereum touching $3,300 in the coming weeks if momentum holds and global liquidity remains accommodative.
Taxes
Senator Lummis announces OBBB crypto tax amendment while crypto advocates mobilize for approval
Amid rumors that a spot Solana ETF offering staking might start trading this week, the crypto industry pushes for tax clarity.
Crypto
Crypto payments soar 630% in Bolivia, central bank reports $430M since lifting ban
The government is also investing in educational efforts to prevent investors from falling victims to scams.