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Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Arctic Pablo Coin Soars; XRP Eyes $5.50 Forecast

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Arctic Pablo Coin has emerged as a leading meme coin in July 2025. The coin’s presale price is $0.00071. Investors who buy in now could see gains up to 1,127% at a projected listing price of $0.008. Analysts also forecast potential highs near $0.10. Arctic Pablo Coin’s deflationary model includes weekly token burns. It also offers a 66% APY staking program and referral incentives. Over $3.22 million has been raised in its 35th presale stage. XRP is on a recovery path. The token’s price is rising on renewed institutional interest. Analysts predict XRP could reach $5.50 by year-end 2025. Regulatory clarity and expanded banking integrations support this bullish outlook. Shiba Inu (SHIB) maintains strong community support. The asset jumped 8.18% in the last week, while daily trading volume increased by 27%. Whale activity and retail enthusiasm drive its momentum. Pudgy Penguins (PENGU) evolved from an NFT project into a token ecosystem. The price gained 11.21% weekly, and daily volume rose 25%. Its NFT backbone and community growth underpin its performance. These four tokens—Arctic Pablo Coin, XRP, Shiba Inu, and Pudgy Penguins—offer varied opportunities. Arctic Pablo Coin presale provides speculative upside. XRP adds institutional stability. Shiba Inu and Pudgy Penguins combine community strength with market adaptability. Traders should weigh potential returns against market risk and develop diversified strategies.
Bullish
Meme CoinsCrypto PresaleXRP Price ForecastStaking APYNFT Tokens

Bitcoin Sentiment Bullish as Analysts Eye $125K Breakout

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Bitcoin sentiment has shifted to bullish after a 1% price rise to $114,298. The Crypto Fear & Greed Index climbed to 62, signaling a return to “Greed” among investors. Analysts predict that this market stability may fuel a bullish breakout toward $125,000, with potential liquidations exceeding $18 billion. Onchain data from Glassnode shows cooling profit-taking among short-term holders. Market commentators like Michael van de Poppe and crypto trader Galaxy anticipate consolidation at current resistance levels before a surge. Ether (ETH), XRP (XRP), and Solana (SOL) have also posted gains, reinforcing broader crypto market strength. Traders should monitor key indicators such as the Crypto Fear & Greed Index, resistance tests, and liquidation triggers to navigate this bullish phase.
Bullish
BitcoinMarket SentimentPrice ForecastBullish BreakoutFear & Greed Index

Bloomberg’s Levine: U.S. Crypto Ban No Longer Feasible

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Matt Levine, Bloomberg columnist, argues that a U.S. crypto ban is now impractical due to global adoption. Levine says the debate over a crypto ban has shifted beyond feasibility. He criticizes former SEC Chair Gary Gensler’s view treating most tokens as unregistered securities, deeming enforcement impossible. Levine asserts the SEC, led by Chair Paul Atkins, should tailor existing securities regulations to digital assets rather than ignore or prohibit them. Atkins’ “Project Crypto” aims to streamline digital asset registration and clarify that most tokens are not securities, representing the right approach. Levine concludes that “the ship has sailed” on outlawing cryptocurrency and calls for balanced regulation to protect investors and foster innovation.
Bullish
Crypto BanSEC RegulationDigital Asset RegulationProject CryptoBloomberg Op-Ed

SolMining Launches Solana Cloud Mining for $10K Daily

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SolMining has launched its Solana cloud mining service, offering crypto traders a turnkey way to mine SOL without hardware or maintenance. The platform’s Solana cloud mining contracts range from 5 to 40 days, with daily profit settlement and 100% principal return at expiry. New users receive a $15 signup bonus, and can earn $0.50 per day on free mining. Contracts start at $100 for a 2-day term returning $107, up to $55,000 for a 40-day term returning $92,400. SolMining supports multiple assets—including SOL, BTC, ETH, XRP, DOGE, LTC, and USDT—while security features like cold/hot wallet separation and full-link encryption protect funds. An affiliate program offers up to 3% commission and $80,000 in rewards. Founded in 2017 and regulated in the UK, SolMining uses renewable energy for low-carbon operations. The launch of Solana cloud mining contracts makes crypto mining accessible, potentially driving new demand for SOL and passive income opportunities.
Bullish
Solana Cloud MiningCrypto MiningSolMiningSOLCloud Mining Contracts

Bitcoin Price Prediction: $250K by Q4 2025; XRP, ETH Rally

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Leading analysts now set a new Bitcoin price prediction of $250,000 by Q4 2025. This forecast is supported by strong ETF inflows from institutions like BlackRock and Crypto Blue Chip ETF, combined with record whale accumulation that’s reducing long-term sell pressure. Whale activity underscores mounting bullish momentum. XRP has cleared $3.14 resistance and maintained a $3.03 floor. With legal progress toward an SEC resolution and the proposed Ripple National Trust Bank, the XRP target of $4.50 is now in sight. Analysts also cite potential moves to $3.69 or even $5.10 if breakout momentum continues into September. Ethereum has surged over 40% in the past month to around $3,700. Growing inflows into ETH-focused ETFs, expanding tokenization products, and rising Layer-2 usage drive the ongoing Ethereum rally. Key resistance sits at $3,881 and $4,234. Ethereum remains central to future tokenized banking, reinforcing its role in portfolios. This Bitcoin price prediction echoes past cycle highs in 2020. Traders should weigh short-term retracements against the bullish Bitcoin price prediction outlook.
Bullish
Bitcoin price predictionXRP target $4.50Ethereum rallyCrypto ETF inflowsWhale accumulation

Bitwise CIO Says SEC’s Project Crypto Unpriced, Bulls Ahead

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Matt Hougan, CIO of Bitwise, says the SEC’s “Project Crypto” initiative, unveiled by Chair Paul Atkins in his “American Leadership in the Digital Finance Revolution” speech, is the most bullish document on crypto yet—and it hasn’t been priced into markets. Project Crypto aims to modernize securities regulations to bring US financial markets on-chain, turning the country into the “crypto capital of the world.” In his client memo, Hougan argues that markets likely did not anticipate the SEC’s shift from “crypto antagonist to crypto catalyst.” He identifies three immediate opportunities: first, Layer 1 blockchains supporting stablecoins and tokenization—Ethereum, Solana, Cardano (ADA), XRP, Avalanche, Aptos (APT), Sui, NEAR; second, “super-apps” like Coinbase and Robinhood that combine crypto and traditional services; third, DeFi applications poised for rapid growth once regulatory clarity arrives. By highlighting legal frameworks for on-chain trading, staking and lending, Project Crypto could unlock significant value for blockchain platforms, trading apps and DeFi protocols. Hougan’s view: if it isn’t priced in now, market prices may rise as investors take note.
Bullish
Project CryptoSEC RegulationLayer1 BlockchainsDeFiCrypto Trading

Bitcoin Consolidates at $114K as Weak Bid-Ask Ratio Signals Caution

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Bitcoin (BTC) has stabilized around $114,000 following a modest weekly pullback that formed its fourth post-ATH weekly candle. This correction mirrors past re-accumulation phases below $120K and may be setting up a third base in the $110K–$119K range. A liquidity cluster near $114,500 holds nearly $24 million in short positions, but on-chain data shows muted buy-side activity. Binance Spot’s 10% bid-ask ratio remains tilted toward sellers at -0.208, indicating weak demand. Lower green volume bars compared to previous consolidation phases further suggest bulls have yet to fully commit. Traders should watch for a shift to stronger bids and increased on-chain accumulation to validate any sustainable breakout above $114K.
Neutral
BitcoinBid-Ask RatioLiquidityMarket StructureOn-Chain Analysis

XRP Surges to $3 Amid SEC Review and SBI ETF Application

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XRP rose from $2.91 to $3.02 within 24 hours on August 7, closing at $2.98 after a surge in trading volume, especially on Korea’s Upbit exchange. The rally was fueled by the SEC’s scheduled review of Ripple’s appeal to determine if XRP is a security and Japan’s SBI Holdings advancing its Bitcoin-XRP ETF application, which may involve roughly $1 billion in institutional XRP purchases. Technical analysis shows XRP broke through resistances at $2.87, $2.92 and $2.97, with $2.98 emerging as key support. If sustained, targets of $3.05 and $3.14 come into view. Traders are closely watching legal outcomes and ETF updates for further price momentum. Ripple CEO Brad Garlinghouse highlighted that regulatory clarity could boost XRP and the broader market.
Bullish
XRPSEC ReviewSBI ETFPrice SurgeTechnical Analysis

Bakkt Acquires 30% of Marusho Hotta to Form Bitcoin Treasury

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Bakkt has acquired a 30% stake in Tokyo-listed yarn manufacturer Marusho Hotta and plans to rebrand it as bitcoin.jp, marking its strategic shift to a Bitcoin treasury model. The acquisition targets corporate Bitcoin treasury deployment and enhances Bakkt’s crypto custody infrastructure. Marusho Hotta shares surged over 36% following the deal announcement, reflecting strong investor interest. Previously trading below ¥60, the company’s share price demonstrated pronounced volatility. This minority stake acquisition aligns with Bakkt’s broader strategy to reposition itself as a dedicated cryptocurrency infrastructure company. In June, Bakkt announced intentions to raise up to $1 billion through securities offerings to support future Bitcoin purchases. Subsequently, it divested non-core businesses to focus resources on core crypto products. Established by ICE in 2018, Bakkt initially offered institutional Bitcoin futures and custody services but has since evolved through multiple strategic pivots driven by market demands. Bakkt’s move mirrors the broader trend of corporates adopting digital assets on their balance sheets, led by firms such as MicroStrategy. As companies worldwide, including those in Asia and Latin America, embrace Bitcoin treasury strategies, the demand for robust crypto custody platforms grows. By transforming Marusho Hotta into bitcoin.jp, Bakkt aims to enhance its market presence in Japan and beyond, supporting both spot Bitcoin holdings and future digital asset treasury solutions.
Bullish
BakktMarusho HottaBitcoin treasurycrypto custodycorporate treasury

Allen Charge Issued After Jury Deadlock in Tornado Cash Trial

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After four days of deliberation in the Tornado Cash trial, jurors remain deadlocked on key charges against co-founder Roman Storm. Judge Katherine Polk Failla issued an Allen charge to break the impasse and rejected the defense’s request for partial verdicts. Prosecutors allege Storm promoted the Ethereum-based mixer to launder over $1 billion in illicit funds, including transactions tied to North Korea’s Lazarus Group. The defense argues he only wrote open-source code and cannot control its misuse, raising broader questions about developer liability in decentralized systems. If convicted on all counts, Storm faces up to 45 years in prison. The jury split underscores deep divisions over crypto developer responsibility and could set a legal precedent for future decentralized software cases.
Neutral
Tornado Cash trialAllen chargeRoman Stormdeveloper liabilitymoney laundering

Cao Cao Mobility Rises 20% on RWA and Stablecoin Partnership

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Cao Cao Mobility shares surged over 20% intraday on August 7 after news broke of its strategic partnership with Shengli Securities to develop real-world assets (RWA) and stablecoin applications. The Hong Kong-listed mobility firm secured market attention by targeting digital asset infrastructure and compliance solutions. RWA and stablecoin projects have been key drivers in crypto finance, offering liquidity and institutional appeal. The collaboration marks Cao Cao Mobility’s first major step into tokenized asset services. Traders and investors are closely watching how the RWA and stablecoin rollout will impact the company’s revenue streams and long-term valuation.
Bullish
Cao Cao MobilityShengli SecuritiesRWAStablecoinHong Kong Stocks

BNB Chain AI Agent Caila Joins Kalshi Weather Market

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AI Agent Caila, an AI-driven weather forecasting agent on BNB Chain, has begun trading on Kalshi’s CFTC-regulated weather prediction market. The move signals the first live deployment of a blockchain AI agent placing real-money bets in a mainstream compliant prediction market. Created as a weather data assistant with DePIN and geolocation features, AI Agent Caila (CA) offers users travel advice, health alerts, and weather hedging strategies. The team emphasizes that Caila is designed for real-world decision-making rather than chat interactions. Kalshi recently secured $185 million in Series B funding at a $2 billion valuation, backed by xAI, Paradigm, Sequoia, Multicoin, and Citadel’s CEO Peng Zhao. This partnership highlights growing interest in integrating AI Agents into financial derivatives and prediction markets. This integration on BNB Chain could boost the CA token’s liquidity and set a precedent for AI-driven blockchain derivatives.
Bullish
AI Agent CailaBNB ChainKalshiPrediction MarketsWeather Forecasting

a16z: AI App Gen Platforms Will Specialize, Not Monopolize

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Andreessen Horowitz (a16z) predicts that AI application generation platforms will not result in a single market leader. Instead, AI application generation platforms will fragment into specialized segments. In their analysis, a16z partners Justine Moore and Anish Acharya draw parallels to the foundational AI model market, where multiple models coexist and complement each other. They identify three core platform types: prototyping tools for rapid idea testing, personal software builders for individual workflows, and production-grade platforms for scalable, team-ready apps. Data from Similarweb shows high user loyalty and cross-platform usage, indicating distinct user needs in design, backend development, and integrations. a16z recommends that startups target niche applications—such as e-commerce sites, data dashboards, or internal business tools—and optimize technical stacks and marketing strategies accordingly. This market segmentation encourages multiple billion-dollar valuations. For traders, understanding this trend highlights growing venture capital flow into specialized AI tools and potential opportunities in emerging platform providers. The move toward vertical specialization will shape future platform valuations and partnerships in the AI ecosystem.
Neutral
AI Application GenerationPlatform SpecializationMarket Segmentationa16z AnalysisVenture Capital

Ethereum ZK Rollups Target 10,000 TPS to Solve Trilemma

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Ethereum is poised to boost its Layer-1 throughput to 10,000 TPS by integrating zero-knowledge (ZK) proofs and zkEVM technology, effectively tackling the blockchain trilemma of security, scalability, and decentralization. The upgrade will allow validators to verify compact ZK-proof batches instead of re-executing each transaction, slashing computational overhead and enabling annual gas limit increases. After the recent 22% gas limit hike to 45 million, the Ethereum Foundation has proposed automatic annual adjustments via EIP to reach 2,000 TPS in four years and up to ’1 gigagas’ (≈10,000 TPS) by 2031. zkEVM rollouts on mainnet, coupled with native rollups on Layer-2, aim to maintain full EVM compatibility while driving massive TPS gains. This roadmap, championed by Justin Drake and backed by four major clients, involves a phased rollout of SNARK-enabled clients and real-time proving optimizations. Traders should watch for protocol governance milestones and gas limit EIP activations, as these will underpin Ethereum’s L1 scaling and could influence ETH demand and network fees.
Bullish
EthereumZK ProofszkEVMLayer-1 ScalingBlockchain Trilemma

Ripple RLUSD Tops $600M Market Cap with New Partnerships

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Ripple’s RLUSD stablecoin has surpassed a $600 million market cap after minting 10 million tokens on the Ethereum blockchain. Institutional support strengthened as Bank of New York Mellon began custodial services for RLUSD, boosting credibility and user trust. DeFi integration improved when Doppler Finance launched an RLUSD vault, allowing holders to earn rewards and increasing token utility. Independent rating agency Bluechip rated RLUSD the most trusted stablecoin, further enhancing its adoption prospects. RLUSD also overtook Zcash (ZEC) in market capitalization and is targeting a top-five stablecoin ranking by year-end. These developments signal growing institutional and retail interest, pointing to enhanced liquidity, stability, and broader use of RLUSD in trading and decentralized finance.
Bullish
RLUSDRippleStablecoinBNY MellonDeFi

Bitcoin Bull Cycle Intact as Overheating Subsides

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CryptoQuant analyst Crypto Dan reports that the Bitcoin bull cycle remains intact despite signs of short-term overheating cooling off. According to market data, Bitcoin’s overheating eased to pre-June levels without triggering a major correction. This healthy rebalancing affirms the broader BTC market outlook. Recent capital outflows from spot Bitcoin ETFs have weighed on price action. Institutional investors have rebalanced portfolios, leading to net ETF outflows and a temporary slowdown in trading momentum. However, Crypto Dan views this phase as a standard consolidation rather than a bearish reversal. Key indicators still support a sustained uptrend. Analysts highlight that normalized volatility and ETF flow data often precede renewed growth phases. Traders are advised to avoid panic selling during this “funk” and to consider a long-term strategy. Staying informed on ETF flows and market metrics will be crucial for navigating near-term fluctuations. In summary, the Bitcoin bull cycle shows resilience. Short-term overheating has subsided in a stable manner. ETF outflows have introduced sideways trading but not a trend reversal. Overall, the BTC market outlook remains positive, underpinned by robust fundamentals and steady institutional interest.
Bullish
BitcoinBitcoin bull cycleETF outflowsMarket outlookShort-term overheating

Bitcoin Tests 50-Day MA Amid Market Correction and Neutral Sentiment

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Bitcoin is trading around $114,333 and nearing its 50-day moving average, signaling a potential market correction. Seasonal summer patterns—characterized by lower volumes and higher volatility—have led to accumulation fatigue among traders. As bullish momentum pauses, sentiment has shifted from positive to neutral. Analysts note that frequent tests of the 50-day moving average often coincide with profit-taking and a shift in focus toward smaller projects. Over the past 90 days, Bitcoin has gained 11.23% and holds a 60.84% dominance in the crypto market. With macroeconomic uncertainties persisting, traders may see further stabilization or mild declines in the short term.
Neutral
BitcoinMarket Correction50-Day Moving AverageNeutral SentimentAccumulation Fatigue

Tom Lee Sticks to $250K Bitcoin Price Forecast

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Fundstrat co-founder Tom Lee reaffirmed his bullish Bitcoin price forecast, predicting the cryptocurrency could reach $200,000 to $250,000 by the end of 2025. Speaking on the Coin Stories podcast, Lee cited growing institutional adoption as the primary driver of the next major rally and maintained confidence in his previous $250,000 target set in late 2024. Other analysts, including Arthur Hayes and Joe Burnett, share optimistic outlooks, while Bernstein and Standard Chartered project more conservative year-end levels near $200,000, and 10x Research’s Markus Thielen forecasts $160,000. Debate continues over the relevance of Bitcoin’s four-year halving cycle, with Rekt Capital and Bitwise’s Matt Hougan offering divergent views on its future impact. Lee remains optimistic, suggesting that market skepticism could enable positive surprises and even predicted Bitcoin could eventually hit $1 million as adoption deepens. In mining news, IREN Ltd reported $86 million in July revenue and production of 728 BTC, surpassing industry heavyweight MARA’s 703 BTC despite a smaller average hashrate. IREN’s shares jumped 11.4%, valuing the company at $4.11 billion and making it the second-largest publicly traded Bitcoin miner. The firm also generated $2.3 million from its growing AI cloud division, fueled by the recent acquisition of NVIDIA GPUs. These results reinforce bullish Bitcoin price forecast calls by Lee and highlight robust fundamentals across mining operations.
Bullish
Bitcoin priceBitcoin forecastTom LeeIRENBitcoin mining

Binance August 2025 Proof of Reserves Shows BTC and USDT Uptick, ETH Holdings Drop

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Binance’s August 1st snapshot in its 33rd Proof of Reserves report reveals key shifts in exchange holdings. BTC deposits rose to 591,164 coins, marking a 2.99% monthly increase as users accumulate the leading cryptocurrency. In contrast, ETH balances fell by 9.84% to 4.555 million, likely driven by staking withdrawals, DeFi participation off-exchange and portfolio diversification. USDT reserves climbed modestly by 0.87% to 29.855 billion, underscoring continued stablecoin demand for trading and hedging. These monthly Proof of Reserves disclosures reinforce Binance’s commitment to transparency and solvency, providing traders with verifiable data on asset backing. Tracking these figures helps users assess market sentiment, platform health and systemic risk. As crypto markets evolve, regular PoR reports remain vital for building trust, ensuring accountability, and guiding informed trading decisions.
Bullish
BinanceProof of ReservesBitcoinEthereumUSDT

El-Erian Forecasts Fed September Rate Cut, Warns of Surprise

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Economist Mohamed El-Erian said the Fed, had it seen revised weak July job data, would have cut interest rates already. He now sees a near-certain 25bp Fed interest rate cut in September and a possible 50bp move, recalling last year’s unexpected jumbo cut. El-Erian highlighted deteriorating consumer spending among low-income households and corporate balance sheet strains, signalling weaker US growth. He criticized Trump’s removal of the BLS head for undermining data integrity and urged Fed Chair Powell to resign to protect the Federal Reserve’s independence. Potential successors like Kevin Hassett and Kevin Warsh may offer more institutional stability. A Fed interest rate cut could boost liquidity and risk assets, including cryptocurrencies.
Bullish
Fed PolicyInterest Rate CutMohamed El-ErianUS EconomyMarket Confidence

Crypto Sentiment Hits ‘Greed’ as Bitcoin, Ether & XRP Gain

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Crypto sentiment has shifted into the ‘Greed’ zone after Bitcoin, Ether and XRP posted modest gains over the past 24 hours. The Crypto Fear & Greed Index climbed to 62, recovering from a neutral reading the previous day. Bitcoin traded around $114,300, up 1%, while Ether rose 2.4% to near $3,660 and XRP gained 2.1% to $2.97. The pickup in crypto sentiment followed a brief pullback that saw Bitcoin dip to $112,000 last weekend. Glassnode data shows profit-taking among Bitcoin short-term holders has cooled, supporting a more stable outlook. Analysts at MN Trading Capital and other traders on social media anticipate a bullish breakout for Bitcoin. Some predict a rise to $125,000 could trigger $18 billion in liquidations. The broader market also saw Solana advance 3.3% and other major tokens move higher. The rebound in crypto sentiment and price action suggests renewed confidence among traders, pointing to potential momentum in the short term.
Bullish
Crypto SentimentBitcoinEthereumXRPMarket Indicators

Binance TST Token Slumps 60% in 15 Minutes on CZ Remarks

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Binance-listed Test (TST) token plunged over 60% from $0.045 to $0.0159 within 15 minutes on August 7, 2025. The drop followed remarks by Binance founder Changpeng Zhao (CZ), who clarified that TST was a tutorial token and not officially sponsored by him or the exchange. TST later recovered slightly to trade at $0.026. Launched in early 2025, the memecoin faced criticism for its rapid listing and perceived link to CZ. CZ’s disclaimers further fueled trading interest and volatility. Similar sharp declines exceeding 50% have hit other Binance altcoins such as ACT, MASK, and LEVER, underscoring the risk of sudden dumps. Traders should note the potential for rapid price swings in unregulated tokens and apply cautious position sizing and real-time risk management.
Bearish
TST tokenBinanceChangpeng ZhaoAltcoin VolatilitySudden Price Drop

Marex First to Use JPMorgan Kinexys Blockchain for Clearing

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Marex has become the first clearing firm to use JPMorgan’s Kinexys blockchain for settlements. The UK-based broker has integrated the Kinexys network to tokenise and transfer collateral for margin calls, aiming to shorten settlement cycles and reduce operational risk. The Kinexys blockchain, launched by JPMorgan’s Onyx unit, allows participants to post sterling, euro, and dollar collateral as tokenised assets, enabling real-time instantaneous settlement. Marex will test daily margin requirements on the platform before a wider rollout. This move marks a milestone in institutional clearing and showcases growing momentum for blockchain-based post-trade solutions. Traders should monitor further Kinexys blockchain integrations, as they could reshape collateral management and liquidity in cleared markets.
Neutral
JPMorganKinexys BlockchainMarexClearingSettlement

US Seeks 10-Year Sentences for HashFlare Founders in $577M Crypto Ponzi

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US prosecutors have filed a sentencing memo in Seattle federal court urging ten-year prison terms for HashFlare co-founders Sergei Potapenko and Ivan Turogin after their 2024 guilty pleas to conspiracy to commit telecom fraud. Authorities allege the $577 million cloud-mining service was a classic crypto Ponzi scheme that defrauded roughly 440,000 customers of about $300 million. The founders argue they cooperated with investigators, served 16 months in Estonian detention and point to later cryptocurrency price gains that enabled investors to withdraw $2.3 billion, far exceeding the $487 million in initial contracts. A hearing is set for August 14 before Judge Robert Lasnik. The case underscores mounting US scrutiny of cross-border crypto mining platforms and could shape future enforcement.
Neutral
HashFlareCrypto FraudPonzi SchemeCryptocurrency MiningUS Sentencing

SPAC to Fuel $640M Parataxis Bitcoin Treasury, NYSE Debut

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Parataxis, a Bitcoin asset manager, is going public via a SPAC merger with SilverBox Corp IV. The transaction will raise up to $640 million in gross proceeds—$240 million from the SPAC trust and up to $400 million through a PIPE facility—to fund its Bitcoin treasury strategy. At closing, the combined entity, Parataxis Holdings, will list on the NYSE under the ticker PRTX at an implied equity value of $800 million based on $10 per share. An initial $31 million of the proceeds will be used to purchase Bitcoin, supporting Parataxis’s long-term BTC accumulation and yield strategies within an institutional framework. CEO Edward Chin said the deal enhances institutional credibility and will finance expansion into South Korea via Parataxis Korea, backed by its investment in Bridge Biotherapeutics. The move follows a wave of crypto IPOs and SPAC deals, including Circle’s IPO, ProCap’s NASDAQ debut, and Grayscale’s planned listing. Since June, Parataxis’s shares have risen 4.5-fold. SilverBox Corp IV traded flat at $10.60 on close, rising 1.7% postmarket to $10.78. This SPAC merger underscores growing institutional interest in Bitcoin and may boost market optimism.
Bullish
SPAC mergerBitcoin treasury strategyNYSE listingPIPE facilitySouth Korea expansion

Circle’s USDC: Revenue Reliance, Coinbase Fees and Profit Swings

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Circle’s recent IPO has intensified focus on compliant stablecoins, positioning USDC as a market leader. However, Circle faces three core challenges: 1) Revenue concentration – 99% of income derives from investing USDC reserves in low-risk assets, leaving no diversified income streams. 2) High distribution costs – 60% of reserve yields go to Coinbase under a legacy revenue-share agreement, capping net margins at 9%. 3) Profit volatility – net loss of $768.8 million in 2022, $267.6 million profit in 2023, and a decline to $155.7 million in 2024. Key risks include Fed rate cuts reducing Treasury yields and emerging competitors offering interest to stablecoin holders. To mitigate these pressures, Circle is expanding its payments network for low-cost cross-border transfers, launching institutional custody and asset-management tools, and exploring EURC and non-dollar markets in Asia and Latin America. Circle also aims to renegotiate fee terms with Coinbase and build proprietary distribution channels to improve margins. While USDC’s market cap growth remains tied to crypto cycles and regulatory confidence, these strategic initiatives seek to diversify revenue, control costs, and stabilize long-term profitability.
Bearish
stablecoinUSDCCircleCoinbaserevenue diversification

Ethereum’s Realized Cap Growth Outruns Bitcoin and Solana

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On-chain data from Glassnode shows that the 30-day Realized Cap percentage change for Bitcoin (BTC) and Solana (SOL) has slowed over the past week, dropping from 6.66% to 5.46% for BTC and from 6.34% to 4.84% for SOL. In contrast, Ethereum’s (ETH) Realized Cap growth accelerated from 5.32% to 6.41%, suggesting capital rotation into ETH. Top memecoins held flat, indicating cooled risk appetite. Glassnode also reports a strong BTC Accumulation Trend Score near 1 for both small (<1 BTC) and large (>10 000 BTC) investors, reflecting dip-buying behavior. At press time, BTC trades around $115,100, down over 2% in the last week. Traders may view this divergence in Realized Cap trends as a signal for shifting capital flows and potential volatility in the short term.
Bullish
Realized CapEthereumBitcoinSolanaOn-chain Data

Nexchain Presale Tops $8M, PUMP Up 24% and SHIB Stabilizes

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Nexchain has raised over $8 million in its Stage 24 token presale at $0.096 per NEX token, with a projected listing price of $0.30 implying a 313% return. The public testnet will launch on August 8, offering developers AI-enhanced token customization, 400,000 TPS via DAG and sharding, hybrid PoS consensus, and $0.001 fixed fees. Meanwhile, Pump.fun (PUMP) surged 24% this week to $0.0034, buoyed by a whale purchase of 1.06 billion tokens (~$3.3 million) and a 3x leveraged position. Shiba Inu (SHIB) found support at $0.0000120, holding above a key level and easing short-term selling pressure despite trading below its 50-day EMA. These developments underscore growing trader interest in long-term crypto presale projects, high-performance infrastructure and token rebounds ahead of 2025.
Bullish
NexchainPUMP.funShiba InuToken PresaleBlockchain Scalability

Trump Enacts Reciprocal Tariffs on Transshipped Goods

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President Trump has enacted reciprocal tariffs on a range of imports, imposing country-specific rates from 10% to 41%. The policy introduces a new 40% transshipment tariff and suspends duty-free de minimis imports. Notable rates include 25% on Indian goods (now 50% total after an executive order), 19% on Indonesian and Philippine products, and 15% on Japanese and South Korean items. The EU faces zero new tariffs on goods already subject to duties above 15%. Administration estimates suggest the reciprocal tariffs could generate around 5% of federal revenue. Legal challenges over presidential authority are pending, and economists warn of potential GDP slowdown. Traders should monitor shifts in trade flows and import costs under the reciprocal tariffs.
Neutral
reciprocal tariffstrade policyimport tariffstransshipment dutiesUS economy