Crypto

The sustainability-focused platform uses Avalanche to tokenize municipal loans, giving DeFi investors direct exposure to government-backed renewable energy infrastructure. Projective Finance, a sustainability-focused real-world asset (RWA) financing platform, has launched a $7 million lending pool for Illinois public schools, giving decentralized finance (DeFi) investors direct access to municipal infrastructure projects in the United States. The lending pool will fund solar energy installations across school districts in the state of Illinois, with infrastructure loans executed entirely onchain, Projective Finance said. By leveraging blockchain technology, “What traditionally required multiple intermediaries, fund structures, and minimum investments in the tens of millions can now be accessed directly with full transparency,” said Josh Chinnaswamy, Projective Finance’s co-founder.  Read more

The token has established a robust support zone at $277-$280, while rising demand for DeFi borrowing and Aave's dominant role in the sector point to future gains.

Volkswagen ADMT, the automaker’s autonomous-driving subsidiary, will source real-time street-level data from Bee Maps, a spatial intelligence service that runs on Hivemapper’s Solana-based mapping network. According to Hivemapper CEO Ariel Seidman, the partnership “shifts mapping from static to living,” and that robotaxi fleets require data “that evolves as fast as the streets do.” Bee Maps […] The post Volkswagen ADMT chooses Solana-based Hivemapper to power Robotaxi test fleet appeared first on CryptoSlate.

Set for an IPO and with a real business, Silicon Valley darling Figma last week disclosed $70 million exposure to bitcoin, with plans to bring that to $100 million.

SOL’s chart projects further upside despite the SEC delaying a decision on a Solana ETF approval. Key point: SOL’s narrowing range suggests a potential range expansion in the next few days. The possibility of an upside breakout remains high as the bulls buy on every minor dip. Fidelity Investments’ proposed spot Solana (SOL) exchange-traded fund has been delayed as the US Securities and Exchange Commission has asked for public comments within 21 days and rebuttals within 35 days.  Read more

The hearing will come after the US Senate passed legislation to address stablecoin regulation and Republican House leadership said they would handle three bills starting on Monday. As the United States Congress weighs key legislation that could reshape the regulatory framework for digital assets, top crypto executives, policy advocates and former regulators are set to testify before the Senate Banking Committee. On Wednesday, lawmakers with the US Senate Banking Committee will hear from Ripple CEO Brad Garlinghouse, former Commodity Futures Trading Commission (CFTC) member and Blockchain Association CEO Summer Mersinger, former CFTC Chair Timothy Massad, Chainalysis CEO Jonathan Levin, and others to address digital asset markets. The hearing will mark one of the first times US lawmakers could offer a preview of how the Senate will handle a crypto market structure bill after its leadership said it aimed to pass legislation by October. Read more

The token was trading at $0.1891 at press time, up 2.8% over the last 24 hours.

SharpLink Gaming shares surged nearly 26% on July 8 after the Minneapolis-based online gaming company revealed a major expansion of its crypto treasury, bringing its total Ethereum (ETH) holdings to over 200,000 coins. The company announced it had purchased an additional 7,689 ETH for approximately $19.2 million at an average price of $2,501 per coin. […] The post SharpLink stock continues surging as treasury tops 200k Ethereum appeared first on CryptoSlate.

The following is a guest post and opinion from Patrick Heusser, Head of Lending & TradFi at Sentora. Capital is undergoing a structural reallocation. What once sat securely in fractional-reserve bank accounts is now increasingly flowing into fully funded, blockchain-based financial systems. From stablecoins like USDC and USDT to tokenized T-bills, institutional and retail capital […] The post The capital migration that could reshape finance appeared first on CryptoSlate.

The Nasdaq-listed firm has been a pioneer of the crypto treasury strategy focusing on the native token of the Ethereum blockchain since 2021, well before the recent newcomers.

Positive newsflow, a change in investor sentiment and steady ETH ETF buying could help Ether rally above $2,700. Key point: Ether aims to establish a new trend, but bulls need to secure a daily close above $2,635 first. Ether’s (ETH) price has been in a range for several days, but institutional investors seem to be silently accumulating. Ether exchange-traded products (ETPs) recorded $225 million in inflows for the trading week ended Friday, according to CoinShares data. It was the 11th successive week of inflows into Ether ETPs. Read more

“The words ‘Van Loon’ are not going to show up in this trial,” District Katherine Polk Failla said during a Tuesday hearing in Manhattan.

The U.S. Treasury Department added the employee of a North Korean hacking group to its blacklist over his role in getting IT workers jobs in other countries.

The native token of the Hedera network rose by about 2% over the past 24-hour period.

Robust insurance can promote deeper liquidity, enhanced counterparty confidence, and broader participation in decentralized finance, says Jesus Rodriguez, CTO, Sentora.

The "Ethereum treasury firm" is buying the second biggest digital coin to help shareholders get better value for money.

Gate.io abruptly pulled Pump.fun's pre-market token sale listing.

RerserveOne is headed by Jaime Leverton, who has been involved with Bitcoin mining companies Hut 8 and Riot Platforms. ReserveOne, a digital asset management company, will go public through a merger with M3-Brigade Acquisition V Corp., the company announced on Tuesday. The transaction is expected to generate more than $1 billion in gross proceeds that will back up the companies’ crypto reserve strategy through the accumulation of Bitcoin (BTC), Ether (ETH), and Solana (SOL), among other digital assets. “By moving towards a public listing, we’re reinforcing our commitment to responsible innovation, financial inclusion, and the development of a more resilient, transparent market for digital assets,” Jaime Leverton, CEO of ReserveOne, said in a statement. Read more

Bitcoin’s trading range tightens as bulls buy minor corrections while pushing BTC’s average daily trading price higher. Key point: Bitcoin is finding support at $107,245, showing investor sentiment remains positive, and every minor dip is being purchased. Bitcoin (BTC) is attempting to bounce off the moving averages, indicating buying on dips. Although the price is just below the all-time high of $111,980, it is not yet in the overvalued zone. CryptoQuant contributor Axel Adler Jr. said in a post on X that the Mayer Multiple at 1.1x was “within the neutral zone (0.8–1.5х).” Read more

Tether CEO Paolo Ardoino revealed that the firm holds roughly $8 billion in gold in a Swiss vault during an interview with Bloomberg News on July 7. Ardoino called the site “the most secure vault in the world” and said the company owns almost the entire 80-ton stockpile outright, placing the El Salvador-based issuer among […] The post Tether holds $8 billion worth of gold in Swiss vault, matching UBS exposure appeared first on CryptoSlate.