Falcon Finance received a $10 million investment from World Liberty Financial (WLFI) to enhance liquidity between its synthetic dollar USDf and WLFI's stablecoin USD1, coinciding with a significant market launch.
Bitcoin has fallen below $118,000 as a strong U.S. GDP report boosted the dollar index to a 5-week high of 99.34. Analysts warn that excessive short positions in the dollar may pose risks to stock and cryptocurrency markets.
ECB advisor Jürgen Schaaf warned that the rise of dollar-pegged stablecoins might undermine the ECB's control over EU monetary policy. He advocated for the development of euro-backed stablecoins and a digital euro to maintain European monetary sovereignty.
NTT Digital will end the scramberry WALLET digital wallet service on September 30, 2025, urging users to transfer their crypto assets and NFTs to other wallets before the shutdown. Two transfer methods are available, and failure to migrate assets by the deadline will result in their loss without compensation.
Strategy has announced the acquisition of approximately $2.4 billion in Bitcoin, using funds raised from the issuance of new preferred stock (STRC). They sold STRC shares for about $2.5 billion, significantly exceeding their initial target.
On July 29, altcoins like XRP, Solana, and Dogecoin experienced significant declines as traders prepared for the upcoming Federal Reserve interest rate decision. Bitcoin remained stable, but concerns about economic indicators and leverage liquidation pressured the cryptocurrency market.
Bitmain plans to establish its first U.S. crypto mining equipment facility in Texas or Florida by early 2026 to expedite delivery and repairs for American customers while facing supply issues due to increased surveillance and trade tensions in China.
SharpLink recently purchased 77,209 ETH, increasing its total holdings to 438,190 ETH, valued at over $1.6 billion. The company raised $279 million through an at-the-market stock program, despite a recent 7% drop in stock price.
Ethereum financial strategies are emerging, with companies focusing on generating yields through staking rather than just holding as an asset. Bernstein's report outlines the complexities and risks involved, emphasizing strong structural demand for ETH.
G.U.Group announced a new NFT project on the Japan Open Chain to support children's welfare. The NFTs, inspired by Japanese yokai, are priced at ¥50,000 each, with sales starting on July 26, aiming to fund the foundation's activities.
The SEC has postponed its decision on the Truth Social Bitcoin ETF, proposed by Trump Media & Technology Group, until September 18. This also affects other cryptocurrency ETFs amid ongoing regulatory considerations.
CoinShares has launched a new ETP providing exposure to SEI, offering a 2% staking yield with zero management fees, aiming to simplify access for institutional investors in Europe, where crypto ETPs lag behind U.S. Bitcoin ETFs.
The CBOE VIX index is expected to rise in August, suggesting increased volatility in Bitcoin due to its correlation with the U.S. financial market. Historical patterns indicate that this month often sees significant price swings in both stocks and Bitcoin.