Spot Ethereum (ETH) exchange-traded funds (ETFs) are close to breaking the $10 billion mark in inflows this month, as BlackRock’s ETHA makes its way to the spot of fourth-largest ETF by inflows in the last 30 days.
According to Farside Investors’ data, spot Ethereum ETFs accumulated $9.3 billion in inflows as of July 25. This represents a 120% increase from the $4.2 billion registered on July 1,...
Data center Hyperscale Data announced that it has begun purchasing XRP as part of a previously stated plan to acquire up to $10 million of the token, with the company’s shares jumping up to 12% amid the announcement.
The company stated in a July 28 announcement that the reports will summarize digital asset activity from the prior week and display the cumulative XRP held on its balance sheet,...
A fast‑moving fight over mining power consumed Monero’s weekend after Sergey Ivancheglo used X to promote an “economic” campaign to dominate the network’s hashrate, which was met by community resistance.
The fight escalated after Ivancheglo, the figure behind Qubic and better known as Come‑from‑Beyond (CFB), confirmed the takeover intentions with an incentive-driven 51% attack.
As a response, the...
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 decision on the structure and rollout has not...
Bitcoin (BTC) rebounded from a local low near $114,800, closing last week about 2.1% higher at $119,580 and turning the range floor into tentative support, according to Bitfinex Alpha’s July 28 report.
The recovery has stabilized spot prices, but derivatives data suggest a more fragile backdrop as leverage rebuilds across major and altcoins.
Leverage runs hot
The brief dip inflicted outsized...
Tron Inc. has filed to raise up to $1 billion as part of an ambitious push to grow its TRX token reserves, capitalizing on a dramatic surge in its stock following a recent merger.
The company, formerly known as SRM Entertainment, disclosed the fundraising plans in a Form S-3 registration statement with the U.S. Securities and Exchange Commission.
The proposed raise would come through a...
PayPal has launched a new initiative, “Pay with Crypto,” aimed at streamlining global commerce and significantly reducing the cost of cross-border transactions, according to a July 28 statement.
According to the company, the service offers merchants a 90% reduction in international transaction fees compared to traditional credit card processors.
Pay with crypto
This is made possible by instant...
Anatoly Yakovenko, co-founder of the Solana blockchain, has described memecoins and NFTs as “digital slop,” even as the network continues to benefit massively from the hype surrounding these assets.
In a July 28 post on X, Yakovenko argued that memecoins and NFTs lack inherent value. He compared them to loot boxes in mobile games, which are randomized rewards often criticized for encouraging...
Bitcoin has entered the final week of July with a visible imbalance in its price structure. The CME Bitcoin futures market reopened on Sunday, July 27, nearly $1,770 above where it had last traded on Friday, July 25, creating an upward gap between $118,295 and $120,065.
This is the widest weekend gap since mid-June and the first in over a month that hasn’t been closed within 16 hours of reopening...
BNB, the native token powering the Binance ecosystem, has reached a new milestone amid renewed market interest and institutional activity.
On July 28, the digital asset briefly hit a record price of $854 before easing to approximately $847.5 at the time of writing.
This latest surge marks a 7% daily increase and caps a month-long rally of nearly 32%, propelling BNB’s market capitalization above $...