The former Ohio senator’s 2024 race against Bernie Moreno, whose campaign was bolstered by money from the crypto industry, was one of the most expensive in the state’s history. Former Ohio Senator Sherrod Brown, who lost his US Senate seat in 2024 to Republican Bernie Moreno amid more than $40 million in spending backed by the crypto industry, has launched an election bid for 2026. In a Saturday notice, Brown said he will run for Republican Senator Jon Husted’s seat in the 2026 US midterm elections — Moreno, who defeated Brown in 2024, won’t be up for reelection until 2030. The former senator, who was one of the more outspoken voices on crypto in the previous session of Congress, lost to Moreno with more than 46% of the vote after a digital asset-backed political action committee (PAC) spent more than $40 million in media buys. Read more
Circle’s new layer 1 blockchain will debut with Fireblocks support as the stablecoin sector expands, with Circle and Tether vying for market dominance. Circle’s new layer-1 blockchain Arc will integrate with Fireblocks, a New York–based digital asset custody and tokenization platform serving more than 2,400 banks, asset managers and fintechs. Arc is not yet live, but Circle plans to roll out a public testnet this fall ahead of a full launch by year-end. Fireblocks said it prepares custody and compliance support so clients can transact on Arc once the network launches. Its platform supports over 120 blockchains and facilitates settlement for institutions across global markets. The unusually early integration drew some criticism on X. Solana, for example, launched in 2020, but wasn’t added to Fireblocks until late 2021, after its ecosystem reached critical mass. Arc will instead debut with Fireblocks integration, giving banks and asset managers “day one” access. Read more
Web3 remains a popular buzzword in crypto, but are DApps and altcoins actually delivering on their promises? Key takeaways: Web3 daily activity held steady at 24 million in Q2 2025, but sector composition is shifting. DeFi leads transaction counts with 240 million weekly, yet Ethereum gas usage is now dominated by the RWA, DePIN and AI. Read more
Bitcoin is showing signs of exhaustion, suggesting a deeper correction toward the $110,530 support. Will altcoins follow? Key points: Bitcoin is showing a negative divergence on the charts, signaling a weakening in bullish momentum. Buyers need to maintain Ether above $4,094 to retain the upper hand. Read more
Bitcoin buy signals may emerge from bond market stress, but whale investor activity and dormant coins raise short-term volatility risks. Key takeaways: Bond market stress has historically aligned with Bitcoin cycle bottoms and could signal new buy opportunities. US debt surpassing $37 trillion and elevated 10-year yields point to macroeconomic pressures that may favor Bitcoin in Q4. Read more