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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
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
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
Declan Fox, global product lead for Linea, said there is no exact date for the token generation event yet, but details will be shared a week before. The Consensys-developed Linea network says it will become one of the first Ethereum layer-2 networks to commit to burning Ether as part of its network design, as it shared new details of its upcoming token generation event and airdrop. Linea announced new staking and burning mechanisms for its upcoming token launch in an effort to become more aligned with the layer-1 blockchain, which it hopes will make the network the “home for ETH capital,” according to a statement sent to Cointelegraph. The move comes amid growing concern that layer-2 networks have been leeching chain activity and fee income from the Ethereum mainnet. Read more
ETH price corrected at the weekly open, but futures data pinpoints the possibility of a breakout to $5,000. Key takeaways: ETH futures and options data show no signs of defensive positioning despite Ether's 7-month price high. Ether ETF inflows and corporate holdings signal growing conviction from institutional investors. Read more
Hedge fund manager Ray Dalio suggests investors put 15% into store-of-value assets amid America’s debt crisis. American billionaire and hedge fund manager Ray Dalio has recommended a 15% portfolio allocation into Bitcoin or gold to optimize for the “best return-to-risk ratio” in light of America’s crippling debt problem and currency devaluation. “[If] you were optimizing your portfolio for the best return-to-risk ratio, you would have about 15% of your money in gold or Bitcoin,” the founder of hedge fund firm Bridgewater Associates said during an appearance on the Master Investor podcast on Sunday. Dalio said he has “some Bitcoin, but not much,” and is still “strongly preferring gold to Bitcoin,” however. Read more
Interactive Brokers joins a number of traditional finance institutions who are considering entering the stablecoin space, including JPMorgan Chase and Citigroup. Trading company Interactive Brokers is planning to expand its crypto footprint with services that could include a proprietary stablecoin. The move, reported by Reuters on Monday, would allow traders to fund brokerage accounts using the company's fiat-pegged cryptocurrency. Interactive is also exploring adding support for asset transfers for commonly traded cryptocurrencies. Interactive Brokers is a brokerage firm that provides trading and investment services across global markets. The company recently reported over 3.8 million active accounts at the end of the second quarter of 2025, a 32% increase from a year ago. It has more than $664 billion in assets under management. Read more
The SEC delayed decisions on the Truth Social Bitcoin ETF and Grayscale’s Solana Trust, extending review periods as the US Congress moves with crypto regulation. The US Securities and Exchange Commission (SEC) on Monday delayed its decision on the proposed Truth Social Bitcoin exchange-traded fund (ETF), extending the review deadline to Sept. 18 from Aug. 4. The fund, backed by the Trump Media and Technology group, is seeking approval to list the Truth Social Bitcoin ETF on the NYSE Arca exchange under the SEC’s commodity-based trust share framework. The agency, which can take up to 270 days to approve or reject ETF applications, said it extended the review period to allow more time to evaluate the proposal and any issues raised. Read more
ETH treasury buying and consistent spot ETF inflows have not been sufficient enough to send Ether price above $4,000. Is a correction incoming? Key point: Traders expect ETH to retest the $3,500 to $3,300 zone before a break to new year-to-date highs. Ether (ETH) gained 57% over the past month, but consistent selling near $4,000 is putting a cap on the price upside. Independent market analyst Adam pointed to sell walls in the zone and said that even though “ETH is so back,” its price could lose momentum until these are either filled or pulled.” Read more
The US House of Representatives will be in recess for the month of August, but the Senate still has a week of business to address two crypto bills before breaking. Representative Tom Emmer, the sponsor of the US House’s Anti-CBDC Surveillance State Act, said the bill, if passed, would significantly limit the Federal Reserve’s ability to issue a central bank digital currency. In a Friday press call, the Minnesota representative spoke on the progress of the Anti-CBDC bill, which he introduced in the House in March. “If [the Fed] could emulate cash, then the law is going to afford them that ability, but right now, they can’t,” said Emmer on the US government issuing a CBDC. Read more
PayPal is rolling out a new crypto payment tool that will allow US merchants to receive payments with more than 100 cryptocurrencies. Payments platform PayPal is set to roll out a new feature for US merchants to accept payments with over 100 cryptocurrencies, targeting overseas transactions and more utility of its own stablecoin. According to a Monday announcement, businesses will be able to accept Bitcoin (BTC), Ether (ETH), Solana (SOL), USDt (USDT), USD Coin (USDC) and XRP (XRP), among others. The tool integrates with crypto wallets including Coinbase Wallet, MetaMask, OKX, Kraken, Binance, Phantom, and Exodus. Transactions paid with cryptocurrencies will be automatically converted into PayPal's stablecoin PYUSD or fiat currency at checkout, allowing merchants to receive crypto payments without dealing with price volatility. Read more
SOL looks poised for a longer-term rally toward $260, but a few key changes need to happen first. Key takeaways: SOL futures and funding rates show moderate optimism, but no strong bullish positioning yet. Network activity and ETF anticipation support upside, but confidence among big players remains muted. Read more
Data shows Bitcoin is preparing for a sharp breakout from its range-bound action in the next few days. Key points: Bitcoin’s tightening range trading signals a possible range expansion in the next few days. Select altcoins also face selling pressure, but remain above their near-term support levels. Read more
Dubai now enables crypto property deals under clear VARA rules, with major developers like Damac and Emaar accepting BTC, ETH and stablecoins. Dubai now has clear laws for buying property with crypto via VARA and the UAE Central Bank. Major developers like Damac and Emaar accept BTC, ETH and stablecoins for property sales. Crypto payments are faster, cheaper and easier for global buyers. Read more
The former penny stock is riding a 1,300% rally post-merger, as it looks to deepen its crypto treasury strategy with a billion-dollar funding push. Tron Inc., the Nasdaq-listed company that previously traded as a penny stock under SRM Entertainment, is seeking approval from US regulators to raise $1 billion to expand its Tron (TRX) holdings, following its reverse merger with Justin Sun’s blockchain project. According to its Form S-3 filing with the US Securities and Exchange Commission, Tron Inc. plans to raise the funds through a mix of common stock, preferred stock, debt securities, warrants and rights — or any combination thereof. The proceeds will go toward expanding the company’s TRX treasury, which already holds over 365 million TRX tokens following its reverse merger last month. Read more
The move reflects rising institutional appetite for yield-generating crypto exposure, according to SOL Strategies. Update (8:39 PM UTC): This article has been updated to [update the YouTube video.] Cathie Wood’s ARK Invest has named Canada-based SOL Strategies as its exclusive staking partner for the company’s Digital Assets Revolutions Fund. Under the partnership, ARK Invest will move its validator operations to the SOL Strategies staking infrastructure. Created in 2020, the Fund typically invests in 10 to 12 cryptocurrencies aiming to generate returns over a full market cycle of four to five years. Read more
BNB Chain’s Maxwell upgrade and over $600 million in institutional accumulation may fuel the next leg up for BNB price toward $1,000 and even higher. Key takeaways: BNB price may more than double by early 2026, based on a chart fractal indicator. Network growth post-Maxwell upgrade and growing institutional adoption may act as tailwinds. Read more
Ether is showing renewed strength as rising demand, high network activity, and bullish technicals align to support ETH’s push above $4,000. Key takeaways: Record Ethereum ETF inflows and accumulation by ETH corporate treasuries can drive demand to break $4,000. Rising network activity and Ethereum TVL metrics signal strong demand. Read more
With Amazon and Walmart exploring stablecoins, institutions may be underestimating potential exposure of customer data on blockchains, posing risks to privacy and brand trust. Opinion by: Fahmi Syed, president of the Midnight Foundation Stablecoins have become the most sought-after innovation in blockchain since Bitcoin. Their appeal lies in their undeniable utility, offering the speed and flexibility of digital assets with the stability of fiat, becoming a natural link between traditional finance and decentralized systems. Now, stablecoins are enjoying a rapid adoption rate, especially in emerging markets where they enable fast, low-cost cross-payments and provide a buffer against currency volatility. Read more6903 items