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US President Donald Trump reportedly pressured Republicans who voted against a procedural vote to consider three crypto bills on Tuesday, but his memecoin could complicate the debate. The imminent unlocking of a Trump-themed memecoin could add new layers to the ongoing debate over US legislation during “Crypto Week,” as Republicans rally behind three digital asset bills this week. According to multiple sources, 90 million Official Trump (TRUMP) tokens worth more than $900 million are set to be unlocked this week, allowing holders to sell the memecoin launched in January ahead of Trump's second-term inauguration. The unlock boosts the memecoin’s circulating supply by 45% and marks one of the most significant increases since 200 million tokens were available at launch on Jan. 17. Read more
XRP is often criticized for “not having a use case,” yet it remains a top performer in the current bull market. Why? Key takeaways: XRP gained 30% in the past week, boosted by rising institutional interest and deep trading liquidity, now the third-largest crypto by market cap. Ripple’s alignment with ISO 20022, a new financial messaging standard, and its stablecoin (RLUSD) support a pivot toward real-world financial integration. Read more
Though the House of Representatives may soon be able to consider the three bills, President Donald Trump didn’t get all Republicans to fall in line to support the legislation. The US House of Representatives has cleared the way for three Republican-led crypto bills to be considered in the chamber after a failed vote on Tuesday. In a Wednesday floor vote in the House, lawmakers voted 215-211 in favor of a resolution to reconsider a package with bills to regulate payment stablecoins, establish crypto market structure and restrict the development of a US central bank digital currency (CBDC). The passage could lead to amendments to the bills and votes on the legislation itself soon as part of Republicans’ plans to pass them before Congress breaks for an August recess. Read more
Bank of America and other legacy financial institutions have been increasingly associated with stablecoins amid the growing push for regulatory clarity. Bank of America is in the early stages of exploring stablecoins, aiming to leverage blockchain technology to enhance its payment infrastructure. During the bank’s second-quarter earnings call, CEO Brian Moynihan addressed questions about BoA’s stablecoin strategy, noting that the initial focus is “on stablecoins as a transactional device.” Stablecoin-based payment rails could help BoA move the trillions of dollars in client assets that flow through its systems each day. Read more
Bitcoin price action coils beneath an increasingly thick cloud of liquidity as PPI inflation cools beyond expectations in June. Key points: Bitcoin price targets include taking liquidity at around the $120,000 mark. US PPI inflation cools beyond expectations, providing relief after the hot CPI print the day prior. Read more
As Ethereum marks a decade, Consensys touts its security architecture and “trustware” thesis as key to its long-term role in global finance. As Ethereum nears its 10th anniversary, blockchain company Consensys is proposing a new way to think about the network’s role in the global economy: as critical infrastructure for what it calls a “trustware” era. According to Consensys, Ethereum is evolving beyond a smart contract platform into a foundational layer for verifiable, programmable trust in financial systems and beyond. While the concept remains speculative, Consensys points to Ethereum’s growing share of tokenized assets, stablecoins and decentralized finance as early signals of that shift, further predicting that demand for Ether (ETH) could rise sharply in the coming years. Read more
By deploying a bot on a perpetuals exchange, the trader scaled $6,800 into $1.5 million through maker rebates and microstructure precision. In just two weeks, a relatively unknown trader turned a mere $6,800 into $1.5 million without chasing memecoins, betting on price direction or riding ETF hype. Instead, this small crypto trader cracked a sophisticated crypto market-making strategy: high-frequency, delta-neutral and fueled by maker fee rebates. By quietly becoming a dominant liquidity source on a major perpetual futures platform, they pulled off one of the most efficient, profitable crypto trading tactics of 2025. Read more
Robinhood and Kraken’s tokenized stocks will bring the TradFi world onchain… or fail miserably again like in 2021 depending on who you ask. Ever since Robinhood co-founder Vlad Tenev bounded onto the stage in Cannes two weeks ago, channeling old-time movie star David Niven in his white suit and cravat, everybodys been talking about tokenized stocks. It certainly seems like a big deal for mainstream adoption of crypto. Robinhood is a TradFi equities platform with 26 million retail customers tokenizing stocks on Arbitrum and offering them to EU users through its user-friendly app interface. There are no crypto wallets or seed phrases required and Tenev suggests its a test run for a wider integration of crypto, a demonstration of what Robinhood itself could look like, built entirely on blockchain technology. That same week, Gemini launched its own tokenized stocks on Arbitrum in the EU, and 60 of Backeds xStocks went live on Solana, supported by Kraken, Bybit, Bitrue and Gate.io. Tokenized stocks may be just mo...
The EU has sanctioned multiple entities for using cryptocurrencies to evade restrictions, channel funds, and propagate pro‑Russian disinformation and election interference. The European Union has sanctioned individuals linked to an operation that used digital assets to evade sanctions and fund pro-Russian disinformation campaigns. In a decision announced on Tuesday under the EU’s Common Foreign and Security Policy, sanctions were imposed on nine individuals and six entities. Among them was Kremlin-linked influencer Simeon Boikov, known as AussieCossack, for spreading pro-Russian disinformation. Boikov was reportedly also responsible for the spread of a fabricated video alleging voter fraud in Georgia in the 2024 US election. According to a Tuesday TRM Labs report, he raised donations through multiple channels, accepting cash and cryptocurrencies. Read more
Bitcoin price has more room to run, with big overhead resistance between $124,000-$126,000 in place and several key support levels below. Key takeaways: Bitcoin hit $122,000 all-time high on Monday, but onchain data shows no signs of overheating, suggesting more growth potential in 2025. BTC price resistance at $124,000-$136,000 remains the main barrier for now. Read more
A dual-network design and fractal sharding give the Waterfall Network interesting scalability properties. Can a blockchain scale without breaking the promise of decentralization? Waterfall Network argues yes by leaving the linear blockchain model behind. In July 2024, Waterfall Network launched its mainnet and joined the short list of layer-1 protocols that depart from the traditional blockchain architecture. In its latest report, Cointelegraph Research investigates Waterfall Network’s architecture and validator design to assess whether it can become a sustainable, alternative base layer. The full Cointelegraph Research report on Waterfall includes validator roles, DAG propagation mechanics and ecosystem overview. Download the full report here Waterfall Network is a layer-1 protocol that implements a Directed Acyclic Graph (DAG) as its foundational ledger. A DAG is a non-linear data structure that arranges blocks as vertices in a directed graph. Read more
Bitlayer faces competition from other Bitcoin DeFi protocols such as BabylonChain, Stacks and BounceBit. Bitlayer, a Bitcoin decentralized finance (DeFi) infrastructure startup backed by Franklin Templeton, has launched its smart contract bridge on mainnet, aiming to make Bitcoin more interoperable across multiple blockchain networks. The bridge, called BitVM, is described by the company as a “trust-minimized bridging solution for Bitcoin holders.” It enables users to deposit Bitcoin (BTC) into a smart contract, where it is held in escrow and converted into Peg-BTC (YBTC), a tokenized version of Bitcoin that can interact with smart contract platforms. According to Bitlayer, Peg-BTC is designed to facilitate programmability and crosschain compatibility. The company has already secured partnerships to integrate the bridge with networks including Sui, Base, and Arbitrum. Read more
Iurii Gugnin allegedly used fake documents to bypass sanctions and launder $530 million for Russian clients. In the process, he deceived US banks. Iurii Gugnin allegedly used his crypto firm to move $530 million through US banks and crypto exchanges using Tether (USDT), facilitating payments for Russian clients tied to sanctioned banks. Gugnin allegedly failed to implement AML regulations and didn’t file suspicious activity reports (SARs), violating the Bank Secrecy Act and misleading financial institutions. Gugnin also reportedly accessed websites that provided information on indicators of criminal investigation and methods for detecting law enforcement surveillance. Read more
World Liberty Financial investor Aqua1’s response to journalist Jacob Silverman skirts the central issue: Is the company truly unrelated to Web3Port? Aqua1 Foundation said it operates independently in response to a report by journalist Jacob Silverman that suggested possible ties to controversial market maker Web3Port, but left important questions unanswered. On Monday, Silverman published his investigation, which claims to have found connections between Aqua1 Foundation and Web3Port through shared web hosting and overlapping personnel. The reporter added that Aqua1’s founder, who goes by Dave Lee on X, is actually David Li, whose profile on outreach platform ContactOut lists him as a partner and senior project manager at Web3Port. Aqua1 Foundation came under the spotlight in late June after it purchased $100 million worth of governance tokens from World Liberty Financial, a crypto project backed by US President Donald Trump and his family. The investigation raised concerns that the entity supporting the pres...
ARK’s latest Bitcoin ETF sale came shortly after ARKB hit a new all-time high above $39 in early July, equivalent to nearly $118 on a pre-split basis. Cathie Wood’s ARK Invest has offloaded its largest amount of shares in its spot Bitcoin ETF since the fund’s mid-June stock split. ARK offloaded 225,742 shares of the ARK 21Shares Bitcoin ETF (ARKB) from its ARK Next Generation Internet (ARKW) on Tuesday, according to a trade notification seen by Cointelegraph. The sale netted $8.7 million based on ARKB’s closing price of $38.70 on Tuesday, marking ARK’s largest single-day sale of ARKB shares on record. Read more
ETH continues to show strength after breaking $3,000 and Ethereum bulls have highs hopes of five-digit prices between $15,000 and $30,000 as the top for this cycle. Key takeaways: Ether’s open interest has rallied 64% since June 22 to a record high of $46 billion. Analysts say ETH could reach as high as $30,000 this cycle, with the near-term target at $4,000. Read more
New BIP proposes phasing out legacy Bitcoin signature schemes to prevent catastrophic losses if quantum computers break existing cryptography. A new Bitcoin Improvement Proposal (BIP) aims to tackle the threat posed by quantum computers by phasing out Bitcoin’s legacy signature schemes, which can be vulnerable to quantum attacks, in favor of quantum-resistant alternatives. The proposal, titled “Post Quantum Migration and Legacy Signature Sunset,” was drafted earlier this week by a group of cryptography and blockchain experts, including American software engineer Jameson Lopp and BitcoinQS founder Christian Papathanasiou. While quantum computers powerful enough to crack Bitcoin’s cryptography are not yet here, recent developments have narrowed the window. Some academic forecasts suggest quantum machines capable of threatening Bitcoin (BTC) could arrive as early as 2027 to 2030, per McKinsey. Read more
Lader was one of the early names leave traditional finance to work in the crypto space. Mary-Catherine Lader, president and chief operating officer of Uniswap Labs, has reportedly resigned after four years with the company. According to a Bloomberg report on Tuesday, Lader will stay in an advisory role before moving on to her next venture. A spokesperson for Uniswap said the company “will continue to build on her contributions,” according to the report. Lader was one of the early big names to leave traditional finance to work in crypto space. She joined Uniswap in 2021 from BlackRock, where she was a managing director and global head of Aladdin Sustainability, according to Bloomberg. Read more
The Tornado Cash co-founder's legal team argued he "had nothing to do" with hackers using the crypto mixing service as his criminal trial kicked off. Jury selection in the criminal trial of Tornado Cash co-founder and developer Roman Storm wrapped up on Tuesday, and prosecutors and defense attorneys issued their own statements in a case that could have significant repercussions for the crypto and blockchain industry. According to reporting from Inner City Press inside the US District Court for the Southern District of New York on Tuesday, US prosecutors focused much of their opening statement on attempting to link Storm to North Korean hackers using Tornado Cash to launder funds, in violation of US sanctions. The Lazarus Group was allegedly behind a 2022 hack of the Ronin Bridge, which removed about $600 million in crypto. “The defendant was profiting from a giant washing machine for dirty money,” reportedly said Assistant US Attorney Kevin Mosley, adding: “Mr. Storm had choices. Once he learned he was washin...
Ether reclaims $3,000 and breaks key technical levels, setting the stage for a potential 1,110% rally. Key takeaways: Ether is outperforming Bitcoin this week, with the altcoin reclaiming $3,000. The ETH/BTC pair broke above its 200-day moving average, with the RSI breaking a three-year downtrend, hinting at a structural shift. Read more5789 items