Crypto

The analysts expect more competition from traditional financial services organizations who are diving into stablecoin initiatives amid an improved political environment for digital assets.

New legislation like the GENIUS Act is paving the way for institutional adoption of real-world asset tokenization, as Aptos Labs and other major players lead the charge. Real-world asset (RWA) tokenization is rapidly emerging as one of Wall Street’s most promising innovations, and with the recent passage of pro-industry legislation, particularly the US GENIUS Act, growth in the sector is poised to accelerate, according to Aptos Labs’ newly appointed chief business officer, Solomon Tesfaye. In a conversation with Cointelegraph ahead of the landmark passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, Tesfaye emphasized the legislation’s appeal to institutional players increasingly signaling intent to enter the crypto space. “We’re seeing more open dialogue between policymakers and Web3 leaders that is shaping legislation and giving institutions more confidence to commit to longer digital asset roadmaps,” Tesfaye said. “More specifically, the GENIUS Act is one of the stro...

The aerospace firm consolidated its Bitcoin tokens that were stored in 16 wallets into a single on-chain wallet. 

The company with over $20 billion in AUM has made room in the portfolio for the second-largest crypto asset.

The exodus stretched the waiting line to over 9 days, but strong staking demand from ETH treasury firms and SEC clarity may keep sell pressure in check.

ChatGPT’s SOL Analysis has recorded Solana’s climb to $204.15, up 26 % this week, with RSI 82.22 and price 21 % above the 200-day EMA. Corporate treasury accumulation, Transak’s MetaMask gateway and Jito Labs’ ‘BAM’ proposal have driven volume 38 % higher, bringing a $210 breakout into focus. The post ChatGPT’s 42-Indicator SOL Analysis Flags $210 Breakout Amid Corporate Treasury Shift appeared first on Cryptonews.

Institutional interest in crypto has been rising as regulatory clarity increases in the United States. PNC Bank is set to offer crypto services to clients through a new partnership with Coinbase, following the signing of federal crypto legislation. PNC Bank announced its crypto move on Tuesday. With Coinbase support, the US bank will offer its clients the ability to buy, sell and hold digital assets without logging out of their accounts. The move will be made possible through Coinbase’s Crypto-as-a-Service platform. In turn, PNC Bank will offer Coinbase some of its banking services. Read more

Solana’s (SOL) recent climb back above $200 is a sign that the altcoin pivoted from a “meme-driven ecosystem” to a “high-beta, blue-chip alternative” that is attracting institutional attention. According to MEXC Research chief analyst Shawn Young, the over 34% increase in July to the $202.52 price, as of press time, marks a shift in how […] The post Solana’s break above $200 signals institutional appetite, potential to lead next capital wave on altcoins appeared first on CryptoSlate.

SSK, the first US ETF to combine spot Solana exposure with on-chain staking rewards, attracted over $100M in 12 trading days. SSK, the Solana staking exchange-traded fund (ETF) from REX-Osprey, surpassed $100 million in assets under management (AUM) since its launch on July 2. The fund is the first US-listed ETF to combine spot Solana (SOL) exposure with onchain staking rewards. While most crypto ETFs are registered under the Securities Act of 1933, which doesn’t allow funds to distribute staking rewards, SSK is registered under the Investment Company Act of 1940. That structure permits the fund to pay out staking income like dividends, important to investors seeking yield, not just speculation on asset prices. According to Rex-Opsprey founder and CEO REX-Osprey Greg King, the ETF’s growth shows investor demand for blockchain-native investment products in familiar formats. In a press release, he said SSK is “opening the door for mainstream investors to access the power of Solana staking through the familiar E...

JPMorgan is exploring loans backed by crypto assets like BTC and ETH, possibly launching the service in 2026.

Polymarket would create its own stablecoin to own the yield-generating USD reserves that back the amount of Circle’s dollar-pegged token, USDC, a source said.

Citadel Securities has urged the U.S. Securities and Exchange Commission to proceed cautiously with any initiatives that would accelerate the adoption of tokenized securities, warning that a hasty approach could disrupt existing capital markets and marginalize institutional investors. The market-making giant submitted its recommendations in a formal letter to the SEC’s Crypto Task Force, arguing […] The post Citadel urges SEC caution on tokenized securities initiative appeared first on CryptoSlate.

One of the trends that I’m keeping an eye on is the growing availability of bitcoin-backed loans. Let’s check in on the sector real quick.

Altcoin season sentiment is fueling a deeper capital rotation into risk assets, positioning Bitcoin Cash (BCH) for a potential move toward higher price targets. The post Bitcoin Cash Price Prediction as Uptrend Continues – How Quickly Can BCH Hit $1,000?  appeared first on Cryptonews.

Roman Storm's defense has said prosecution evidence in the Tornado Cash case is flawed, stating it has not been able to verify a witness’s $250,000 loss through the mixer. Counsel have indicated they could request a mistrial from Judge Katherine Polk Failla due to missing Telegram data. The post Lawyers For Roman Storm May File For A Mistrial After Key Witness Testimony appeared first on Cryptonews.

Jesse Powell is no longer under investigation for alleged hacking tied to a nonprofit he co-founded.

The Nasdaq-listed shares of Bitcoin miner Bitfarms pumped Tuesday after the Canadian company announced a share buyback program.

The firm's share price was up more than 10% on Tuesday. The firm bought nearly 80,000 ETH over the weekend.

Meme stocks are rallying in lockstep with crypto and the broader stock market, with gains reminiscent of the pandemic era. Shares of Opendoor Technologies (OPEN) have skyrocketed more than 170% over the past five trading days after being crowned this season’s meme stock by traders on Reddit’s WallStreetBets. Shares of the online real estate marketplace have seen an upsurge in speculative interest and trading volumes over the past month after gaining traction among traders on Reddit’s WallStreetBets — a community known for spotlighting meme stocks. Previously a penny stock, Opendoor shares have soared more than 500% over the past 30 days, trading at $3.11 at the time of writing. Read more

The Senate Banking Committee has released the Responsible Financial Innovation Act draft, extending crypto reforms by classifying most digital assets as commodities, updating SEC disclosure, offering developer safe harbors, and inviting input on stablecoins, DeFi, and illicit finance. The post Senate Shakes Up Crypto With Major New Market Structure Draft appeared first on Cryptonews.