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Hyperliquid’s expansion across the DEX landscape and its growing user base could trigger a HYPE price rally above $45. Key point: Hyperliquid’s solid growth trajectory could retain investors’ interest in HYPE. Hyperliquid (HYPE) has witnessed a strong growth trajectory in the past year, with average trading volume soaring, reaching $3 billion to $5 billion from less than $100 million, according to CoinGlass’ semi-annual crypto derivatives outlook. Read more
SEC commissioner Hester Peirce echoed former chair Gary Gensler in calling for market participants to “consider meeting with the Commission and its staff.” US Securities and Exchange Commission (SEC) member Hester Peirce issued a blanket warning for companies considering distributing and trading tokenized securities. In a Wednesday statement, Peirce called on companies to discuss their potential tokenized offerings with SEC officials amid “new entrants and many traditional firms [...] embracing onchain products.” Though the SEC commissioner, who also heads the agency’s crypto task force, did not explicitly mention trading platform Robinhood, her notice came roughly two weeks after the company launched a tokenization-focused layer-2 blockchain. Read more
XRP charts point to new highs. Will Ripple’s attendance in next week’s “From Wall Street to Web3” summit boost the altcoin’s price? Key point: XRP will complete a bullish pattern on a break above $2.34, which could propel the price toward new highs. Lawmakers with the US Senate Banking Committee will conduct a hearing on Wednesday titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” and Ripple CEO Brad Garlinghouse is one of the participants. Read more
The exploit of the GMX V1 decentralized exchange is the latest in a string of attacks targeting crypto firms and users in 2025. The GMX protocol halted trading on GMX V1 after a liquidity pool suffered an exploit on Wednesday, leading to $40 million in funds being stolen and sent to an unknown wallet. GMX V1 is the first version of the GMX perpetual exchange deployed on the Arbitrum network. The attacked pool is a liquidity provider for the GMX protocol with a basket of underlying digital assets including Bitcoin (BTC), Ether (ETH) and stablecoins, according to the GMX team. The protocol has also announced a temporary suspension in minting and redemption of GLP tokens on both Arbitrum and the layer-1 Avalanche network to protect against any additional fallout from the cybersecurity exploit. Read more
The legislation to establish crypto market structure is one of three bills the US House of Representatives is expected to consider starting next week. Massachusetts Senator Elizabeth Warren is sounding the alarm about how publicly traded companies could essentially bypass US securities laws if a bill to regulate cryptocurrency markets becomes law. In a Wednesday hearing of the Senate Banking Committee to address crypto market structure legislation, ranking member Warren said she would be in favor of digital asset regulations strengthening the US financial system, but expressed concerns about the Digital Asset Market Clarity, or CLARITY, Act under consideration in the House of Representatives. The Massachusetts senator suggested that “non-crypto companies” could tokenize their assets to evade regulations enforced by the US Securities and Exchange Commission (SEC). Read more
Robinhood is trading near all-time highs as its expanded push into crypto and blockchain continues to pay off. Robinhood’s strategic embrace of blockchain technology and tokenization has fueled a nearly 30% rally in its stock over the past month, highlighting the brokerage’s new growth drivers despite regulatory scrutiny of some of its products. Robinhood stock, trading under the ticker HOOD, surged on Wednesday to $94.65 in New York trading, putting it within 4% of its all-time closing high set on July 2. The stock has climbed more than 27% over the past month and is up 137% year-to-date, lifting its market capitalization to over $82 billion. Read more
Germany’s top banks, including Deutsche Bank and Sparkassen, are entering crypto with regulated trading and custody services by 2026. In a move set to redefine EU finance, some of Germany’s most powerful banks are entering crypto — on their own terms. Deutsche Bank, with more than 1.6 trillion euro ($1.9 trillion) in assets under management, and the Sparkassen-Finanzgruppe, which oversees over $2.3 trillion, are preparing to launch regulated crypto services for institutional and retail clients by 2026. Read more
Key metrics on Solana remain flat despite LetsBonk’s recent surge, but supporting data suggests memecoins may be staging a comeback. Pump.fun has lost its spot as Solana’s top memecoin launchpad for the first time since its breakout, overtaken by rookie platform LetsBonk. At first glance, Solana’s overall network activity suggests that the memecoin scene is more reshuffling than expanding. Total token launches on the network remain stable, daily transactions are trending downward and the number of new accounts created is roughly half of April’s peak. However, supporting metrics hint that Solana may be on the rise again, driven by a potential expansion in memecoin activity, according to Vugar Usi Zade, chief operating officer of Bitget. Read more
From exchanges and ETFs to sovereign treasuries and crypto billionaires, Bitcoin’s ownership map in 2025 reveals a mix of concentration and quiet decentralization. Exchanges top the list, with Binance and Robinhood holding the largest BTC wallets. Strategy leads corporate holdings with nearly 600,000 BTC. The US now holds 207,189 BTC, the largest sovereign stash. Read more
Crypto analyst TradingShot says that while Bitcoin’s long-term outlook is still bullish, there might not be enough time for another leg up. Key takeaways: Bitcoin’s long-term uptrend remains strong, but an analyst warns that the four-year cycle may limit another leg up. Analysts believe Bitcoin could move higher past the current all-time highs, with targets between $130,000-$168,000. Read more
Blockchain’s promise of democratized property ownership faces a potential roadblock. Integrating automated, blockchain-native succession protocols is essential to protect digital assets and enable true democratization of RWA ownership. Opinion by: Venket Naga, co-founder and CEO of Serenity The synergies between cryptocurrencies and the real estate market have shifted substantially in the last few years. Purchasing properties with crypto-backed loans evolved from groundbreaking news to the baseline. There is a growing intersection between crypto and real-world assets (RWAs), and the possibilities are abundant. Read more
Ethereum’s proposed move to 6-second block times under EIP-7782 promises faster transactions and real-time responsiveness. Ethereum core developer Barnabé Mannot has proposed EIP-7782, which seeks to halve Ethereum block times from 12 to six seconds. If accepted, it would become one of the most significant upgrades since The Merge, which introduced the new proof-of-stake (PoS) consensus layer. The EIP-7782 proposal put forward the promise of faster confirmations and improved decentralized finance (DeFi) efficiency. Read more
Bitcoin price performance frustrates bulls as $110,000 stays out of reach, but the clock is ticking to even more risk-asset volatility. Key points: Bitcoin tries and fails to crack $110,000 as overhead liquidity thickens. Traders say that more signs of strength are needed to reignite bull market momentum. Read more
A look inside the industrial-scale phone bot farms that fake activity to steal crypto airdrops away from genuine users. It was in a refrigerated tin shed just 40 minutes from Ho Chi Minh City that Mirai Labs CEO Corey Wilton finally understood the immense scale by which crypto airdrops are being gamed. Its genuinely scary, Wilton tells Magazine shortly after visiting a phone farm in Southern Vietnam, which he estimates has at least 30,000 smartphones in a room no larger than a studio-sized apartment. For four years, Winton had been hoping to get a first-hand look at the type of operation that undermined his flagship NFT horse-racing game Pegaxy in 2021. Read more
Tokyo-listed energy and fintech firm Remixpoint has raised 31.5 billion Japanese yen ($215 million) to expand its Bitcoin treasury, aiming to accumulate 3,000 BTC. Tokyo-based energy company Remixpoint raised 31.5 billion yen (around $215 million) to expand its Bitcoin treasury, according to a Wednesday announcement. Remixpoint will allocate the newly raised funds entirely to Bitcoin (BTC) acquisition, the company said in an X post. The funds were raised through Remixpoint’s 25th series of stock acquisition rights and fourth series of unsecured bonds, according to local media outlet CoinPost. This series of stock acquisition rights will create 55 million new shares, representing a 39.9% dilution. The issuance is made without any discount and is conducted at market price. Read more
Bullish chart setups hint at more upside for XRP, with price targets near $2.87 and possibly $3.72 if momentum holds. Key takeaways: XRP price jumped around 12% after Ripple named BNY Mellon as custodian for its RLUSD stablecoin. Traders are betting on increased XRP utility as RLUSD adoption potentially shifts from Ethereum to XRPL. Read more
The growing role of blockchains in trade finance. The XDC Network offers a case study in cautious, incremental adoption. Trade finance rarely makes headlines. But behind the scenes, it underpins over $30 trillion in annual global commerce. Still, the systems that power it remain paper-heavy, slow and exclusionary. Small and medium-sized enterprises (SMEs) are still routinely denied financing due to fragmented infrastructure and therefore face barriers when participating in global commerce. In its latest report, Cointelegraph Research analyses increasing number of institutions and governments asking whether blockchain can offer a more efficient model. One notable project in this regard is the XDC Network. To learn more about how XDC utilizes blockchain to digitize trade documents, download the full report here Read more
Polygon Foundation CEO Sandeep Nailwal described the upcoming Heimdall 2.0 upgrade as the “most complex” Polygon hard fork since 2020. Polygon is set to deploy its most complex hard fork to date on Thursday, upgrading its proof-of-stake blockchain with a new consensus layer dubbed Heimdall 2.0. In an X post, Polygon Foundation CEO Sandeep Nailwal said the upgrade enhances the backbone of Polygon’s proof-of-stake (PoS) blockchain. It will replace legacy components dating back to 2018 and 2019 with newer infrastructure. “This is the most technically complex hard fork Polygon PoS has seen since its launch in 2020,” Nailwal wrote, adding that it will improve finality, user experience and the network’s upgradeability. Read more
Elon Musk says that his new America Party will support Bitcoin, but does it have a chance in the American political system? The growing rift between Tesla CEO Elon Musk and US President Donald Trump turned into a gulf on July 5 when Musk announced the independent America Party, supposedly focused on Bitcoin and centrist policies. The move was catalyzed by Congress passing the Trump administration’s controversial One Big Beautiful Bill Act. According to Musk, the bill flies in the face of the administration’s initial efforts to cut government spending. The America Party has yet to hold a formative congress or issue a specific platform. Little is known about the party’s stance, beyond Musk’s vague comments of a preference for centrism, deregulation, reduction of government spending and support for Bitcoin (BTC). Read more
Launched in late 2024, Ripple’s enterprise-focused RLUSD stablecoin has hit a $500 million market cap in less than seven months. Ripple’s US dollar-pegged stablecoin, Ripple USD (RLUSD), has received a significant boost by integrating with Transak, a major cryptocurrency payments platform. Transak has officially integrated support for the Ripple USD stablecoin, enabling its 8.3 million users to purchase RLUSD using multiple fiat currencies, the company announced in a statement shared with Cointelegraph on Wednesday. “We worked closely with the Ripple team to understand how RLUSD could benefit from wider distribution across Transak’s global network — spanning more than 450 wallets, DApps [decentralized apps] and exchanges,” said Transak’s head of marketing, Harshit Gangwar. Read more8910 items