Crypto

The House was supposed to vote at 5pm ET Monday after an earlier hiccup.

Speaking on his bank's second quarter earnings call, the famous crypto skeptic acknowledged that stablecoins are "real."

Jane Fraser told analysts the bank is evaluating stablecoin issuance and advancing tokenized deposit solutions as part of a broader digital finance strategy.

Big wallets are moving old BTC into Binance, suggesting the market may be bracing for a correction or leveraged shake-up.

DeFi stakeholders say they can no longer stay silent about major concerns with the CLARITY Act, which will see a vote as soon as tomorrow.

Bonk ($BONK) has advanced 7.65% to $0.00002873 amid $1.32 billion daily trading, 956,000 holders and 350+ Solana integrations. A new partnership with Nasdaq-listed DeFi Development Corp and inclusion on Grayscale’s watchlist have strengthened forecasts for a path toward $0.000060. The post Bonk ($BONK) Eyes 2.5X Rally as Institutional Interest and Ecosystem Growth Explode appeared first on Cryptonews.

Traders pin their ETH price target at $3,400 as Ether treasury purchases and ETF inflows propel Ether price. Key point: Strong inflows to the Ether ETFs and purchases by Ethereum treasury companies suggest investors expect the rally to continue. Ether (ETH) is witnessing selling above the $3,000 level, but a positive sign is that the bulls have not given up much ground. That suggests the investors are backing it for more upside. Farside Investors’ data shows more than $1 billion in inflows into Ether exchange-traded funds since Wednesday. Read more

As prominent U.S. crypto insiders and Republicans in Congress push for industry unity on the House's Clarity Act, senators prepare to go their own way.

Most people don’t want or need to know they’re using a blockchain, says Marc Vanlerberghe, Chief Strategy and Marketing Officer at the Algorand Foundation.

Is GameStop trying to be the next Strategy? CEO Ryan Cohen gives a look into its Bitcoin treasury approach and talks crypto payments.

Despite its anti-crypto stance, Vanguard is now the biggest institutional backer of the world’s most aggressive Bitcoin holder. Vanguard, one of the world’s largest investment management firms, is now the biggest institutional shareholder of Strategy (MSTR) — Michael Saylor's company best known for adopting Bitcoin as its primary treasury reserve asset. According to data from investment research platform Intel, Vanguard has accumulated more than 20 million shares of MSTR, representing about 8% of MicroStrategy’s outstanding Class A common stock. The stake gives Vanguard indirect exposure to over 200,000 Bitcoin (BTC) held on Strategy’s balance sheet, representing a 26.3% jump between January and April 2025. Many of Vanguard’s funds include exposure to the Vanguard Total Stock Market Index Fund, which holds MicroStrategy as part of its broad US equity allocation. The stock also appears in dozens of Vanguard mutual funds and exchange-traded funds (ETFs) tracking mid-cap benchmarks. Read more

Bitcoin’s post-all-time high sell-off is par for the course, and charts suggest buyers could step in around $113,000. Key point: BTC is showing signs of profit-booking, but buyers may stall the pullback near $113,000. Bitcoin (BTC) pulled back after hitting a new all-time high of $123,218 on Monday, indicating profit-booking at higher levels. The correction seems to be technical in nature, as the underlying demand remains strong. Bitcoin treasury companies purchased 159,107 BTC in Q2, according to BitcoinTreasuries.NET.  Read more

BlackRock has reported $14.1B in second-quarter digital asset net inflows, boosting segment AUM to $79.6B and adding $40M in fee revenue. Digital products have drawn $14B of Q2 ETF flows, though shares have dipped after a $52B client withdrawal. The post BlackRock’s Q2 Digital Asset Inflows Reach $14B, Total AUM Hits $79.6B appeared first on Cryptonews.

Opening arguments are set to begin shortly.

Republicans are still planning to pass three pieces of crypto-related legislation, but a majority of members in the House voted against a resolution to consider the bills. Cryptocurrency-related bills backed by US President Donald Trump failed to clear a key procedural step in the House of Representatives on Tuesday, despite the president’s public push for action. Trump had urged Republican lawmakers to “get the first vote done this afternoon” on legislation to regulate payment stablecoins as part of a larger effort to pass crypto legislation before the August recess. In a Tuesday post on his social media platform Truth Social, Trump ordered all Republicans to vote yes on the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, a bill designed to regulate payment stablecoins in the US. Read more

Congress may pass the most consequential crypto law of the century this week. That’s bad news for one of DeFi’s murkiest gray areas, yield-bearing stablecoins.

The Bloomberg Terminal has begun displaying Bitcoin's price in millions, showing BTC at $0.118M as the premier financial data platform anticipates the cryptocurrency reaching the $1 million milestone while Wall Street veterans like Cathie Wood eye $1.5 million targets. The post Bitcoin Price Prediction: Bloomberg Now Shows BTC in Millions – Is Wall Street Preparing for a Massive Bull Market? appeared first on Cryptonews.

Kraken Derivatives US launched after the exchange’s acquisition of futures platform NinjaTrader earlier this year. Crypto exchange Kraken has launched a derivatives platform for US traders, offering access to CME-listed cryptocurrency futures and expanding the availability of institutional-grade trading tools. On Tuesday, the exchange announced the launch of Kraken Derivatives US, providing access to futures contracts via the Kraken Pro platform. The move expands Kraken’s product suite by expanding futures trading alongside its existing spot market offerings. According to Kraken Pro, access to Kraken Derivatives US has been rolled out initially in Vermont, West Virginia, North Dakota, Mississippi and Washington, D.C.  Read more

DOGE leads majors in crypto selloff. Banks can hold crypto under strict rules: Fed. Whale sends $2b BTC to Galaxy Digital for sale. Sequans buys $79m BTC. BTC backed loans cross $1b collateral on Coinbase. StanChart first global bank to offer BTC, ETH trading. Bitmine immersion buys $500m ETH. Sharplink bought another $73m ETH, now top holder. BofA launches crypto weekly research, bullish on ETH. Ripple, Circle, BitGo seek US bank trust license. xStocks can now be used as collateral on Kamino. Grayscale files for IPO. Revolut Pay on Moonpay available across UK, EEA. Tornado cash trial to begin today. Kazakhstan details crypto reserve plans

Stellar ($XLM) has advanced 72% within three weeks after PayPal chose its fast, low-cost chain for PYUSD, while daily transactions, active wallets and DeFi liquidity have peaked. With $528m in tokenized assets and record $140.7m TVL, the network has strengthened its case for enterprise adoption.   The post Stellar ($XLM) Rockets 72% on PayPal Stablecoin Move – But Can Bulls Crack the $0.48 Wall? appeared first on Cryptonews.