Crypto

ETH treasury firms bought 1% of all Ethereum in just 2 months—analyst predicts 10x growth could push prices past $4,000.

The firm, led by Joesph Lubin, has emerged as one of the largest corporate ether holders since its pivot to a crypto treasury strategy.

This aims to bring a change to how oracles traditionally work.

InternetX partners with D3’s Doma Protocol to tokenize 22 million domains, aiming to bring traditional web domains into the Web3 ecosystem. InternetX, a domain registrar under the IONOS hosting umbrella, plans to tokenize its entire portfolio of 22 million domains using D3’s Doma Protocol, potentially bringing traditional domains onchain. The Doma Protocol is a DNS-compliant blockchain platform designed for domain finance. Through this partnership, InternetX will enable customers and partners to convert traditional domains into blockchain-based tokens, potentially unlocking use cases such as crypto trading, fractional ownership and other Web3 applications. InternetX customers will also gain access to new Web3 distribution channels via Doma, with bridging capabilities to major blockchain networks including Solana, Coinbase’s Base and Avalanche. Read more

Hong Kong has formalized oversight of stablecoins, issuing licensing and AML guidelines effective Aug 1. Issuers must seek HKMA feedback by Aug 31 and file full applications by Sept 30, while existing operators have a transition period to meet new governance standards. The post Hong Kong Monetary Authority Releases Stablecoin Licensing Framework – CBDCs Coming Soon? appeared first on Cryptonews.

Crypto lender Abra has quietly paused withdrawals for international customers without public announcement, sparking fears of another major platform collapse similar to Celsius and BlockFi as desperate users flood social media demanding access to their frozen funds. The post Crypto Lender Abra Secretly Pauses Withdrawals, Customers Fear $700M Platform Collapse appeared first on Cryptonews.

Amsterdam-based crypto derivatives exchange D2X has secured €4.3 million in fresh funding from a lineup of heavyweight backers, including CMT Digital. The post D2X Raises €4.3M from Circle, CMT Digital to Expand Institutional Crypto Derivatives appeared first on Cryptonews.

A senior European Central Bank advisor has warned that Europe risks losing monetary sovereignty as euro-denominated stablecoins capture just 0.15% of the $230 billion global market while USD-pegged tokens like USDT and USDC account for 99% of total stablecoin market capitalization. The post Is Europe Losing the Stablecoin War? ECB Advisor Warns Yes appeared first on Cryptonews.

ETH Strategy has raised $46.5 million (12,342 ETH) to become Ethereum's first MicroStrategy-style treasury protocol, deploying 11,817 ETH into staking operations and liquidity pools while reserving 525 ETH for development expenses. The post ETH Strategy Raises $46.5M for Ethereum Staking & Liquidity Operations – ETH to $4,000 Next? appeared first on Cryptonews.

Google Gemini Flash 2.5 can streamline research, spot patterns, analyze sentiment and refine your crypto trading strategies. Just remember: AI assists, but you’re still the one making the call. Gemini serves as a powerful tool for research and idea generation, but should not be seen as a source of trading signals or personalized advice.  While it effectively summarizes project fundamentals and compares assets, some responses, like Pi Coin’s delayed mainnet claim, highlight the risks of outdated or incomplete information.  Using Gemini to reflect on past trades can help traders identify better timing and risk considerations, but market conditions evolve and human judgment remains essential Read more

Crypto mining is putting serious pressure on Iran’s power grid, now driving up to 20% of the country’s energy shortfall. The post Crypto Mining Blamed for Up to 20% of Iran’s Power Imbalance appeared first on Cryptonews.

Hedera (HBAR) was also among the top performers, rising 1.8% from Monday.

Corporations have accumulated 1% of all Ether since June, with Standard Chartered forecasting 10% ownership as institutional appetite for ETH continues to grow. Corporations are buying Ether at a faster pace than Bitcoin, signaling a shift in institutional interest toward the world’s second-largest cryptocurrency as it prepares to celebrate its 10th anniversary, according to a new report from Standard Chartered shared with Cointelegraph. Corporate cryptocurrency treasury firms have bought up 1% of the total Ether (ETH) supply since the beginning of June, the bank said in a Tuesday research report. Over the same period, Ether-focused treasury firms have doubled the pace of investments compared to their Bitcoin (BTC)-focused counterparts, helping ETH outperform Bitcoin’s price action, the report said. Read more

World Liberty Financial ETH holdings have increased; its total holdings are now 77,226 ETH, valued at about $296 million, with an approximate unrealized profit of $41.7 million. The post Trump’s World Liberty Financial Dumps $1M USDC for 256.75 ETH appeared first on Cryptonews.

Fortune 500 fintech leader FIS has partnered with Circle to enable US financial institutions to offer USDC stablecoin payments through integrated infrastructure, combining Circle's USDC functionality with FIS's Money Movement Hub. The post Fortune 500 Fintech Giant FIS Partners with Circle to Bring USDC Payments to US Banks appeared first on Cryptonews.

Veda protocol has appointed former SEC senior counsel TuongVy Le as general counsel, weeks after securing $18 million in venture capital funding. Decentralized finance platform Veda has appointed a former US Securities and Exchange Commission (SEC) official to its ranks as it ramps up efforts to expand crosschain yield products aimed at institutional investors. TuongVy Le, who spent nearly six years at the SEC as chief counsel and senior adviser in the Enforcement Division and the Office of Legislative and Intergovernmental Affairs, has joined Veda as general counsel, the company announced Tuesday. During her SEC tenure, Le advised Congress on early drafts of digital asset legislation and served on the Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee. Read more

China’s JD.com announced plans for a Hong Kong dollar stablecoin last summer and is now expected to be among the first issuers under HKMA’s stablecoin regime. China-based e-commerce giant JD.com has reportedly registered entities tied to a potential stablecoin rollout just days ahead of Hong Kong’s stablecoin regulations going into effect. JD.com, often referred to as China’s Amazon, has registered two potential stablecoin-linked entities, Jcoin and Joycoin, through its fintech subsidiary, JD Coinlink Technology, according to a report by Hong Kong news outlet Ming Pao on Tuesday. JD Coinlink is one of the official participants in the stablecoin issuer sandbox program by the Hong Kong Monetary Authority (HKMA), which launched last year. Read more

MARA Holdings holds roughly 50,000 BTC, valued at nearly $6 billion, ranking it as the second-largest bitcoin holder among public companies

The HKMA completed stablecoin regulations set to take effect Aug. 1, warning no licenses have been issued and urging caution against hype and scams. The Hong Kong Monetary Authority (HKMA), the special administrative region’s central banking authority, has finalized its regulatory framework for stablecoin issuers, releasing two sets of guidelines that will take effect on Aug. 1.  On Tuesday, the HKMA released completed guidelines and consultation conclusions to clarify the upcoming rules.  The documents addressed the supervision of licensed stablecoin issuers and Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) rules for licensed stablecoin issuers.  Read more

The Tom Lee-led company signaled an intent to possibly repurchase stock should the share value decline below the net asset value of its ether holdings.