Crypto

Extending the BTC treasury plans to smaller altcoins has been described as "hugely speculative" and a "flash in the pan"

Although some Ripple executives initially suggested that RLUSD might be limited to institutional use, the stablecoin is gaining traction in retail. Update (July 25, 12:10 pm UTC): This article has been updated to correct information related to Ethereum-issued RLUSD and rectify previous information about EVM sidechain-issued RLUSD. Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained traction among retail users. Ripple officially introduced its Ripple USD (RLUSD) stablecoin in late 2024, with CEO Brad Garlinghouse highlighting its institutional focus, setting RLUSD apart from competitors primarily focused on retail use. Read more

OSL said its latest milestone reflects “strong recognition” of its digital asset business model. Digital asset platform OSL Group has secured $300 million in equity financing, marking the largest publicly disclosed equity raise in Asia’s crypto sector to date. On Friday, the company announced that it will deploy the funds in three growth areas: acquisitions, global business initiatives like payments and stablecoin infrastructure and boosting its working capital. The raise is part of OSL’s broader strategy to expand its international presence. OSL described the raise as a “milestone” for the company that signals market recognition of its long-term trajectory and crypto business model. Read more

Your day-ahead look for July 25, 2025

Maple Finance’s SYRUP token defied the broader crypto market slump, soaring 23% following its listing on Upbit.

A record-breaking public sale, strategic acquisitions and ecosystem expansion mark Pump.fun’s rise, highlighting user-driven token distribution. Pump.fun limited token supply in the ICO and locked transfers for 72 hours, creating urgency and fueling retail FOMO. Over 10,000 wallets joined the sale, many pre-funded via PumpSwap, enabling rapid participation and fast capital inflow. The platform processed $448M directly on Solana, using its high-speed, low-fee design to complete the $500M sale in under 12 minutes. Read more

An Arizona woman was sentenced to 8.5 years for aiding DPRK hackers in infiltrating over 300 US crypto and tech firms, generating $17 million of illicit gains. An Arizona woman was sentenced to more than eight years in federal prison for helping North Korean operatives infiltrate US cryptocurrency and tech firms using stolen identities and fraudulent documents. According to a Thursday announcement by the US Attorney’s Office for the District of Columbia, Christina Marie Chapman was convicted of wire fraud conspiracy, aggravated identity theft and money laundering conspiracy. She was sentenced to 102 months, or about 8.5 years in prison. Prosecutors said Chapman worked with operatives tied to the Democratic People’s Republic of Korea (DPRK) to obtain remote IT positions at more than 300 US-based companies. The North Korean workers posed as US citizens and residents, and the scheme generated over $17 million in illicit revenue. Read more

Token demonstrates resilience with dramatic intraday breakout on elevated volume amid broader crypto market turbulence.

Bitcoin’s drop below $115,000 saw significant liquidations of late longs, but BTC’s bullish scenario remained intact, according to analysts and onchain metrics. Key takeaways: A whale bet $23.7 million targeting Bitcoin at $200,000 by year-end, signaling strong bullish conviction. Analysts say Bitcoin remains bullish, but $115,000 will be key for uptrend continuation. Read more

In the bank's most optimistic scenario, bitcoin could reach $199,000 by the end of the year, while a more bearish setup, pulls the forecast down to $64,000.

OSL also plans to use the capital to support acquisition plans and bolster its balance sheet

The transactions occurred shortly after XRP touched $3.60, its highest level since 2021, before pulling back to around nearly $3.

Despite record liquidity levels, traders are pulling back as leveraged positions unwind and profit-taking accelerates across major tokens.

Regulatory overhang, leveraged unwind, and profit-taking collide even as corporate adoption cases grow.

The broader cryptocurrency market, including ether and solana, also experienced losses of 2% to 3%.

It also sold 11,262 shares of Robinhood (HOOD), worth around $1.1 million based on Robinhood's last close.

Trading volatility futures involves betting on the expected amount of price fluctuation, rather than the direction of the price.

The Arizona woman helped North Korean operatives pose as U.S. IT workers and launder millions back to Pyongyang.

Nigeria is open to stablecoin firms, signaling a shift over a year after a Binance crackdown shook the local crypto industry.

OpenAI's new ChatGPT agent can automate web tasks like logging in and scheduling, but its launch comes with serious security warnings.