Crypto

Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet. Abu Dhabi-based Bitcoin miner Phoenix Group has launched a $150 million strategic cryptocurrency reserve, becoming the first publicly listed company on the Abu Dhabi Securities Exchange (ADX) to establish a digital asset treasury. The company said Thursday the reserve includes 514 Bitcoin (BTC) and 630,000 Solana (SOL), describing it as a long-term holding strategy. This makes Phoenix Group the first company listed on the ADX to establish a strategic cryptocurrency treasury, the company said in an announcement shared with Cointelegraph. Read more

Tighter rules may push users offshore, weakening oversight and exposing them to higher risks, Decrypt was told.

Stablecoin ATMs launch in South Korea for tourists, as regulators continue to weigh rules on broader stablecoin use.

Cboe BZX filed to list a Solana ETF on Wednesday, advancing a second U.S. staking-enabled fund even as the SEC delays on similar products.

U.S. prosecutors argued that Tornado Cash’s emphasis on privacy wasn’t about protecting ordinary users, but about making “bags of money.”

Bitcoin trades in a tight range despite bullish catalysts, as analysts warn of late-cycle fatigue and rising risks.

During its annual Q2 earnings call, Meta CEO Mark Zuckerberg doubled down on AI, chasing superintelligence for everyone.

Cboe and NYSE Arca have filed proposals that would allow exchanges to list crypto ETFs in a similar way to existing standards in TradFi.

MSFT and Meta both rocketed off in after-hours trading after reporting strong earnings, thanks to Artificial Intelligence, but on the crypto side, there wasn't much movement.

Robinhood saw its crypto revenue almost double to $160 million as CEO Vladimir Tenev confirmed plans to keep pushing its tokenization strategy in the US and abroad. Trading platform Robinhood’s crypto revenue increased 98% year-on-year to $160 million in the second quarter as CEO Vlad Tenev doubled down on plans to lead the real-world asset tokenization market in the US and abroad. Total net revenue climbed 45% year-on-year to $989 million, while net income increased by 105% to $386 million, Robinhood said in its earnings statement on Wednesday.  Despite beating Wall Street expectations, company shares slightly retraced in after-hours trading. Read more

Nathan Smith’s AI-built portfolio is up 23.8% in four weeks after leveraging ChatGPT. He shares his take on micro-caps, risk, and Python.

A new decentralized exchange on Ethereum layer-2 network Linea aims to fulfill the original promise of ETH DEXs.

South Korean prosecutors probing ex President Yoon Suk-yeol and former First Lady Kim Keon-hee question suspected crypto fraudster Jon Bur Kim. The post Prosecutors Investigating Ex-South Korean President Yoon Quiz ‘Crypto Fraudster’ appeared first on Cryptonews.

Mysten Labs claims newer blockchains are ready for quantum computing, but older networks risk being left behind.

As Kraken eyes a $15 billion valuation and potential IPO, its Q2 report reveals growth and a shift toward TradFi products. Kraken reported $411.6 million in revenue for the second quarter of 2025, an 18% increase compared to the same period last year, according to its earnings release. However, the exchange’s adjusted earnings declined 7% year-over-year to $79.7 million, down from $85.5 million in Q2 2024. According to figures released on Wednesday, trading volume on the crypto exchange jumped by 19% over the past year, to $186.8 billion during Q2 2025. In other areas, Kraken also posted positive results, with assets jumping 47% to $43.2 billion, while funded accounts rose 37% to $4.4 million. The exchange’s stablecoin-to-fiat market share also grew, up from 43% to 68%. Read more

If convicted of the three charges, the Tornado Cash developer could face more than 40 years in prison. Jurors will now decide the fate of Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, after prosecutors and the defense delivered closing arguments on Wednesday. The closing arguments phase of a trial is when both sides summarize a case before a judge or jury, making their cases and trying one last time to persuade before the fact-finder goes off to deliberate. Storm is standing trial in the Southern District of New York in a case that could set a precedent for how much responsibility developers have for decentralized software that is used illegally. Read more

The two crypto developers changed their pleas this week.

ChatGPT predicts XRP, SHIB, ADA and newcomer TOKEN6900 could deliver outsized returns before 2025 ends. The forecast notes Bitcoin has reached a $122,838 high and regulatory clarity has improved, boosting liquidity, institutional uptake and sentiment across the highlighted altcoins. The post ChatGPT Predicts the Price of XRP, Shiba Inu and Cardano by the End of 2025 appeared first on Cryptonews.

Crypto price prediction today has tracked Bitcoin’s rise to a record $122.8K, followed by a 4.2 % retracement, and has analyzed how XRP, Solana, Pepe, and emerging meme coin Snorter have sustained momentum. This illustrates key support, resistance, and technical signals shaping the $4 T crypto market cap. The post Crypto Price Prediction Today 30 July – XRP, Solana, Pepe appeared first on Cryptonews.

PENGU has lost 15% after an address believed to belong to Pudgy Penguins team members has moved 150 M tokens worth $5.64 M to Binance. On-chain data show insiders have now sent 485 M tokens to exchanges since July, while 9.54 B remain in the deployer wallet, raising fears of sustained sell pressure. The post PENGU Price Plunges 15% as Pudgy Penguins Insiders Offloads Another $5.6M appeared first on Cryptonews.