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Consortium uses M&A to advance corporate Bitcoin adoption across Asia Simon Gerovich, CEO of Tokyo-based Metaplanet, is part of a consortium that is negotiating to acquire a controlling stake in SGA, a publicly traded software services company listed on South Korea’s KOSDAQ. The deal, if finalized, would position SGA to acquire Bitcoin as part of a broader digital asset strategy. While Gerovich is listed as an independent investor — not acting on behalf of Metaplanet — the move aligns with the company’s growing Bitcoin treasury strategy. According to a press release from Top Win International, (SORA on the Nasdaq stock exchange), “proceeds from the issuance will be used for strategic asset acquisitions and general corporate purposes.” Acquisitions such as this are part of a broader strategy to accelerate corporate Bitcoin adoption across Asia by transforming traditional companies into Bitcoin-aligned entities, using deals to position companies like DV8 and SGA as vehicles for Bitcoin exposure in regional capi...
Solana ranks fourth among blockchains by tokenized asset market share, trailing Ethereum, ZKSync Era, and narrowly behind Aptos. Tokenized assets on Solana crossed over $418 million, rising 140.6% year-to-date and narrowing the gap with leading competitors in the space, according to a recent report from Messari. Solana's growth more than doubled the broader real-world asset (RWA) tokenization market in 2025, which expanded by 62.4% during the same period. Solana now hosts a variety of RWA tokenization projects, with assets spanning from tokenized stocks and US treasuries to institutional funds onchain. “Solana’s appeal stems from its high throughput, near-zero transaction costs, and robust developer ecosystem,” Matthew Nay, a research analyst at Messari, writes in the report. Read more
From volatile outsider to financial base layer, Bitcoin is entering a new era — driven not by retail hype, but by the long-term logic of professional capital. Key takeaways: Institutional investor inflows are changing Bitcoin’s character, reducing its volatility and increasing accessibility for everyday investors. Spot Bitcoin ETFs now hold over $138 billion in assets, with RIAs, hedge funds, and pensions driving a growing share. Read more
Known by many in the industry for filing records requests with the US government over crypto policies, Coinbase has filed a lawsuit against Oregon state officials. Cryptocurrency exchange Coinbase has filed for injunctive relief in the US state of Oregon related to claims that its officials “flip-flopped on digital assets behind closed doors.” In a case filed Thursday in the Marion County Circuit Court, Coinbase’s lawsuit named Oregon Governor Tina Kotek in her official capacity. The complaint reportedly challenged how the state government handled requests for documents related to digital asset enforcement actions. According to Coinbase, prior to April 2025, state officials had largely not considered digital assets to be regulated as securities. However, Oregon’s Attorney General’s office then filed a lawsuit against Coinbase, alleging the exchange offered more than 30 tokens as unregistered securities. Read more
Bitcoin looks poised for an extended rally to $138,000 according to market cycle history and the current weekly trend. Key takeaways: Bitcoin closed its highest weekly candle at $119,310, then rallied on to $123,100. Short-term holder NAV premium at 16% signals moderate interest, well below FOMO levels. Read more
Kazakhstan’s central bank is drawing on lessons from Norway, the US and Middle East in developing its crypto strategy. Kazakhstan’s sovereign wealth fund has reportedly identified cryptocurrencies as a viable asset class for inclusion in the country’s national reserves, with the central bank drawing lessons from allocation strategies used in Norway, the United States and the Middle East. According to Kursiv, a local media outlet registered with Kazakhstan’s Ministry of Information, the country plans to invest a portion of its gold and foreign exchange reserves — as well as assets held by its sovereign wealth fund — into crypto-related instruments. Kursiv cited Timur Suleimenov, head of the National Bank of Kazakhstan, who said at a press conference that the central bank is exploring “aggressive strategies to [generate] higher investment income,” which “does not exclude” allocating part of its holdings to crypto-related funds. Read more
The House of Representatives is set to vote on three crypto-related pieces of legislation before Congress goes on recess. The US House of Representatives is scheduled to consider amendments to three crypto-related bills this week addressing central bank digital currencies (CBDCs), digital asset market structure and payment stablecoins. On Monday, the Republican-led House Committee on Rules will meet to discuss the Anti-CBDC Surveillance State Act, the Digital Asset Market Clarity (CLARITY) Act and the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, as part of the party’s “crypto week” push. Discussions of the three bills included several amendments submitted by Democratic lawmakers to address what they called crypto “corruption” in the US government. Read more
Global commerce stack TradeOS becomes the latest participant of Cointelegraph Accelerator. TradeOS, the trust and settlement layer for global commerce, is now part of the Cointelegraph Accelerator. Positioned as the foundation of next-gen stablecoin-based uniserval checkout, TradeOS is building an open, permissionless global trading network with minimal fees and no restrictive ownership controls, aiming to challenge the $4 trillion global e-commerce monopoly. Built by Bounty Bay Labs with backing from Animoca Brands, TON Ventures and HashKey, TradeOS replaces traditional intermediaries and high platform fees with modular onchain payout rails. These enable programmable settlement via verifiable delivery. TradeOS uses an innovative proof-of-delivery system powered by zk-TLS and TEE to release payouts based on verifiable real-world outcomes. It removes the need for data tokenization or reliance on monopoly APIs, making it ideal for AI-driven and automated commerce. Cointelegraph Accelerator supports early-stage ...
Bitcoin holds above $120,000 as corporate crypto treasury building and robust spot BTC ETF buying continue to support the new price range. Key points: Bitcoin is facing profit booking near $123,000, pointing to a minor consolidation or correction in the near term. Several major altcoins have broken above their overhead resistance levels, indicating the start of a new uptrend. Read more
Launched in November 2024, the USDG stablecoin has a total circulating supply of around $356 million. Crypto exchange OKX has joined the Global Dollar Network, a consortium promoting Paxos’ relatively smaller USDG stablecoin, in a move the exchange says could help accelerate adoption of a regulated US dollar-backed stablecoin. By joining the network, OKX’s 60 million global users will gain access to Global Dollar (USDG) for trading and transfers, the company announced Monday. OKX already supports several major stablecoins, including market leaders Tether (USDT) and USDC (USDC). Adding USDG — a newer, smaller entrant — could broaden access to regulated digital dollars through a project designed to operate within established regulatory frameworks. Read more
If the crypto market were a country, it would be the seventh-biggest in GDP terms behind the United States, China, Germany, Japan, India and the United Kingdom. Key takeaways: Crypto market cap hit $3.8 trillion on Monday, almost as big the UK's GDP. One TOTAL index flashes a “buy” signal while a classic chart pattern hints at $4.45 trillion target. Read more
KindlyMD raised $51.5 million in just 72 hours to fuel its transformation into a Bitcoin-first public company. Nasdaq-listed KindlyMD secured capital to accelerate its pivot to a Bitcoin-focused public company. In June 2025, KindlyMD Inc. (Nasdaq: KDLY) raised $51.5 million through a PIPE (Private Investment in Public Equity) transaction, and did it in just 72 hours. The round was tied to the company’s pending merger with Nakamoto Holdings, a Bitcoin-native firm led by David Bailey, who is also CEO of BTC Inc., the company behind Bitcoin (BTC) Magazine. Read more
Bitcoin is overdue a support retest, and order-book liquidity points to a trip below $119,000 next — will the market punish late buyers? Key points: Bitcoin surfs exchange order-book liquidity as huge gains plateau at around $120,000. Bid support suggests a return below $119,000 next as part of an anticipated retest. Read more
Wall Street 3.0 replaces legacy systems and gatekeepers with tokenized equity, global inclusion and real-time trading, ushering in a new era of financial democratization and efficiency. Opinion by: Koshiek Karan, founder of BankerX A seismic shift is underway: suits are giving way to smart contracts, trading floors to token pools and bankers to builders. Just as the internet democratized access to information, blockchain is set to decentralize ownership and redistribute financial power. Read more
Crypto exchanges listed the TRUMP memecoin four days after its launch on average, compared to 129 days for other major memecoins, Reuters found. US President Donald Trump’s cryptocurrency venture, the Official Trump (TRUMP) memecoin, has generated multimillion-dollar gains for crypto exchanges, in addition to profits for its creators. Launched just about six months ago, the TRUMP memecoin has generated at least $172 million in trading fees for 10 crypto exchanges, including Binance, Coinbase, OKX and more, according to a Reuters report on Monday. In listing TRUMP, some exchanges reportedly disregarded the fact that 80% of the coin’s supply was held by the Trump family and its partners, an issue they’d previously seen as a red flag for exchanges due to its concentrated supply. Read more
US House leaders have designated this week as “crypto week,” during which lawmakers will vote on three major digital asset bills. Here's what to expect. It’s officially “Crypto Week,” a multi-day event where leaders in the US House of Representatives hope to vote on three cryptocurrency bills expected to bolster the national crypto industry. The CLARITY Act, the GENIUS Act and the Anti-CBDC Surveillance State Act are expected to go through debate, amendments and a final vote over the coming days. “Crypto Week” was announced by French Hill, chair of the House Committee on Financial Services, on July 3. Hill said the legislation would establish “a clear regulatory framework for digital assets,” as well as set the ground rules for dollar-pegged stablecoin issuance, and aims to block central bank digital currency (CBDC) issuance “to safeguard Americans’ financial privacy.” Read more
The UAE is attracting a global wave of crypto millionaires with zero-tax profits, regulatory clarity and elite residency perks. With no personal income or capital gains tax and recent VAT exemptions on crypto transactions, the UAE provides an unmatched financial incentive for crypto investors. Dubai’s VARA and Abu Dhabi’s FSRA lead with retail and institutional frameworks, while RAK, Sharjah and others are developing tailored zones and policies for Web3 innovation. Free zones like DMCC, ADGM and DIFC offer business-ready ecosystems, while high-speed internet, 5G and cloud services make the UAE a plug-and-play hub for crypto firms. Read more
Crypto-focused asset manager Grayscale's IPO may enable it to seek out new funding avenues such as stock or convertible note offerings. Cryptocurrency-focused asset manager and exchange-traded fund (ETF) issuer Grayscale joined a growing list of crypto companies seeking to launch IPOs in the United States. On Monday, Grayscale said it had filed to list its company shares with the Securities and Exchange Commission (SEC) under a new clause that enables confidential filings ahead of a final public offering. Entering public markets would enable Grayscale to seek more funding opportunities through strategies such as public stock offerings, which was leveraged by Michael Saylor’s Strategy, or convertible note offerings, such as GameStop’s $2.25 billion offering from June 13. Read more
By securing a national trust charter, USDC’s issuer, Circle, plans to directly manage its $62-bilion reserves. Circle, the fintech firm behind USDC, has filed an application with the Office of the Comptroller of the Currency (OCC) to establish America’s first digital currency bank, a national trust institution that would bring stablecoins fully into the federally regulated financial system. The proposed entity, First National Digital Currency Bank, wouldn’t operate like a traditional consumer bank. It wouldn’t offer deposits or loans. Instead, it would focus on Circle USDC trust bank functions: safeguarding USDC (USDC) reserves, managing cash and short-term Treasury holdings and offering digital asset custody services to institutional clients. Read more
Bitcoin hit new all-time highs above $122,000 on Monday, up 29% in 2025, overtaking gold’s 27% gains year to date. Key takeaways: Bitcoin's new highs above $122,000 translate to 29% year-to-date gains, overtaking gold’s 27%. BTC price uptrend remains resilient as an ascending parallel channel targets $125,000 next. Read more5759 items