The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

Ethereum’s daily futures trading volume exceeded Bitcoin’s for the first time on July 10, a landmark development that coincided with the asset’s price testing the $3,000 level. The technical flip in the derivatives market indicates a potential shift in trader sentiment and capital allocation, lending credence to narratives of a changing market structure. Data from Glassnode showed that 24-hour...
Ethereum has surged past the $3,000 mark for the first time since February, riding on the renewed momentum sweeping across the broader crypto market. According to CryptoSlate data, ETH’s price peaked at $3,033 during the last 24 hours amid a 9% increase. However, its value has slightly retraced to $2,991 as of press time. This milestone follows Bitcoin’s explosive rally to a new all-time high...
US-based spot Bitcoin ETFs saw a dramatic uptick in investor activity as the top crypto price reached a new all-time high of over $118,000, at least in dollars. According to SoSoValue data, the 12 funds saw cumulative inflows of $1.2 billion, the second strongest daily performance since launch in 2024, and the best this year. Since mid-April, the funds have attracted more than $15 billion in...
The European Securities and Markets Authority (ESMA) has raised red flags over Malta’s handling of license approvals under the EU’s Markets in Crypto-Assets (MiCA) regulation. In a peer review report released on July 10, ESMA highlighted deficiencies in how the Malta Financial Services Authority (MFSA) approved a recent crypto asset service provider (CASP), urging tighter oversight moving forward...
Solana-based memecoin platform Pump.fun is preparing for what could become one of the largest token sales in crypto history. The project aims to raise $1.32 billion through its upcoming PUMP token offering, potentially securing the third spot among the highest-ever fundraising events in the industry. According to data from Cryptorank, Pump.fun’s fundraising goal would put it just behind the now-...
Bitcoin surged to a new all-time high against the US dollar on July 10, hitting $111,683 on Binance before closing the day even higher at $115,244. The breakout marked another milestone for dollar-based investors in Bitcoin’s 2025 bull cycle. But while the headlines celebrated a fresh record, BTC told a different story when priced in euros or pounds. The BTC-EUR pair ended the day at €95,720,...
Ethena Labs reached $290.2 million in total protocol revenue on July 9, trailing only Tether, Circle, and Sky among stablecoin issuers.  Token Terminal data show that the stablecoin issuer reached $100 million in cumulative revenue 251 days after its launch, making it the second-fastest protocol to cross this threshold. Daily fees averaged $3.1 million during the past month as traders continued...
Shareholders trimmed support for executive pay packages at leading US Bitcoin (BTC) miners to an average of 64% in this year’s proxy season, far below the over 90% approval norm across the S...
Robinhood launched Ethereum (ETH) and Solana (SOL) staking services for U.S. customers on July 10, enabling users to earn staking rewards on their crypto holdings with as little as $1. The new feature expands Robinhood’s staking offerings beyond Europe, allowing American customers to participate in blockchain validation without directly running validators themselves. For Ethereum, Robinhood will...
Tornado Cash co-founder Roman Storm’s lawyers have signaled that they may request a brief delay in his upcoming criminal trial if a judge allows testimony from a hacker who allegedly used the platform, according to July 10 court filings. In a filing with the U.S. District Court for the Southern District of New York, Storm’s defense team asked to exclude the unnamed witness, arguing prosecutors...