WLFI Invests $10M in Falcon Finance to Boost On-Chain Dollar Liquidity

Stablecoin project Falcon Finance said it secured a $10 million strategic investment from World Liberty Financial (WLFI), the decentralized finance (DeFi) platform with links to U.S. President Donald Trump’s family. The funding will support technical integrations that enable liquidity between USDf, Falcon’s synthetic dollar, and WLFI’s USD1 stablecoin, according to an emailed announcement. The investment … Read more

XRP Futures Volume on Kraken Eclipses Sol for 1st Time as Price Soars to Record

XRP (XRP) perpetual futures listed on the U.S.-based Kraken exchange have become more popular than their sol (SOL) counterparts for the first time. Trading volumes on Kraken-listed XRP perpetuals have topped $3.48 billion this month, outpacing the Solana token’s tally of $3.23 billion, Kraken told CoinDesk. The exchange listed the XRP perpetual futures in 2022. … Read more

ARK Invest Buys Another $15.3M Worth of Ether Strategy Firm BitMine Immersion

ARK Invest increased its investment in ether treasury company BitMine Immersion Technologies for a second straight day, buying $15.3 million worth of the shares on Tuesday. Cathie Wood’s investment management firm added 477,498 BMNR shares across its Innovation (ARKK), Next Generations Internet (ARKW) and Fintech Innovation (ARKF) exchange-traded funds (ETFs), according to an emailed update. … Read more

Asia Morning Briefing: SEC’s In-Kind BTC, ETH ETF Redemption Shift Happened Years Ago in Hong Kong

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. On Wednesday in the U.S., the Securities and Exchange Commission announced … Read more

MARA Shares Jump as Q2 Revenue Beats Wall Street’s Expectations Thanks to Surging BTC Price

Bitcoin miner MARA Holdings (MARA) shares jumped nearly 4% in post-market trading after the company posted record revenue for its second quarter, beating Wall Street’s expectations. MARA reported revenue of $238.5 million, a 64% rise from $145.1 million in the same quarter a year ago, according to an earnings presentation. The mining firm said the … Read more

SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs

The U.S. Securities and Exchange Commission (SEC) has approved the use of in-kind creation and redemption processes for all spot bitcoin (BTC) and ethereum (ETH) exchange-traded funds (ETFs), marking a significant shift in the regulator’s approach to digital assets under its new leadership. The decision allows authorized participants—large institutional investors who facilitate ETF liquidity—to create … Read more

Michael Saylor’s Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds

Strategy (MSTR), the largest corporate owner of bitcoin (BTC), said on Tuesday it has acquired roughly $2.4 billion worth of BTC using the funds from its new preferred stock (STRC) issuance. The firm sold nearly $2.5 billion worth of STRC, also dubbed “stretch,” to investors, significantly more than the originally planned $500 million. STRC, which … Read more

Samourai Wallet Devs Expected to Plead Guilty to Money Laundering Charges

The co-founders of Samourai Wallet are expected to plead guilty to charges that, via their bitcoin mixing service, they helped hackers and other cyber criminals launder over $100 million in dirty money, according to Tuesday court filings. Both Keonne Rodriguez and William Lonergan Hill initially pleaded not guilty after they were arrested and charged with … Read more

New Lummis Bill Would Back Effort to Ensure Crypto Assets Can Justify U.S. Mortgages

The digital assets industry’s most reliable U.S. Senate ally, Cynthia Lummis, has introduced her latest crypto bill, which would ensure mortgage borrowers could use their cryptocurrency holdings to help secure their loans. Last month, Federal Housing Finance Agency Director William Pulte directed government-backed mortgage giants Fannie Mae and Freddie Mac to come up with proposals … Read more

Crypto Has a Comms Issue

Earlier this month, NPR ran a headline, “Why there’s so much excitement around a cryptocurrency called stablecoin.” If you want to understand where crypto stands with legacy media in 2025, start there. The piece was a basic primer on a decade-old innovation that settles nearly $27 trillion annually, surpassing the combined annual transaction volume of … Read more

NEAR Protocol Retreats 3% Amid Liquidation Cascade

NEAR Protocol registered a 3% decline from $2.84 to $2.75 throughout the 24-hour period, with valuations consolidating within a $0.18 bandwidth before pronounced terminal-hour liquidation catalysed a breach through established support parameters. Market Analysis: Consolidation Transitions to Decline NEAR Protocol demonstrated a consolidation pattern throughout the preceding 24-hour session from 28 July 15:00 to 29 … Read more

BONK Drops 14% as Institutional Selling Accelerates in Risk-Off Environment

BONK, a Solana-based meme token, slid 14% in the last 24 hours, falling from $0.000035 to $0.00003096. The token experienced elevated volatility, with trading volume exceeding 2.39 trillion BONK, suggesting aggressive repositioning among institutional participants. Market resistance was established early around the $0.000036 level, where sell-side pressure surged, coinciding with order book data showing institutional … Read more

EToro Plans to Tokenize U.S. Stocks on Ethereum in Blockchain Push

Digital trading platform eToro (ETOR) shared plans on Tuesday to tokenized U.S-listed equities on the Ethereum blockchain, joining rivals to move towards blockchain-based marketplaces. The ERC-20 tokens will represent the underlying shares held on eToro and can be redeemed back into traditional stock holdings, according to the press release. The company said the aim is … Read more

ATOM Plunges 5% Despite Recovery Attempts Amid Bearish Pressure

Technical Analysis Shows Mixed Signals ATOM drops 4.51% over 24 hours ending July 29 11:00, sliding from $4.88 to $4.66 as recovery bids fail. Cosmos ecosystem crosses 100 live chains on MapOfZones while XRP integration progresses via Cosmos SDK and IBC protocols. ShadeX debuts as Cosmos’ first encrypted money market, delivering institutional-grade privacy through CosmosSDK … Read more

Hong Kong Releases Guidance on Rules for Stablecoin Issuers

The Hong Kong Monetary Authority (HKMA) released guidelines on Tuesday for stablecoin issuers wanting to comply with its upcoming licensing regime for the sector. The final guidance covered rules on money laundering, reserve assets management and issuance. It also included transitional measures for issuers of existing stablecoins. Stablecoins are digital assets that are pegged to … Read more

Polkadot’s DOT Slips 3% as Failed Recovery Attempts Signal Weakness

Polkadot’s DOT dropped more than 3% in the last 24-hours, sliding from $4.09 to $3.96, according to CoinDesk Research’s technical analysis model. Support has formed around $3.91-$3.93 levels with notable volume spikes during overnight trading sessions, according to the model. Volume analysis points to exhausted selling near current support zones. The Tie presented a webinar … Read more

The Protocol of Agents: Web3’s MCP Potential

Starting as an experimental side project at Anthropic, the Model Context Protocol (MCP) has become the de facto standard for orchestrating agentic interactions across datasets, computational resources and external artifacts. It may represent one of the most transformative protocols for the AI era and a great fit for Web3 architectures. Much like HTTP revolutionized web … Read more

Robinhood Price Target Doubled by JPMorgan on Crypto and Tokenization Bets

JPMorgan (JPM) set its 2026 price target for trading platform Robinhood (HOOD) to $98, up from $47 in 2025, citing new product launches and acquisition of European crypto exchange Bitstamp. Robinhood reports second-quarter earnings Wednesday. JPMorgan, which maintains a neutral rating on the stock, said it expects the company to post earnings per share of … Read more

ETH Treasury Race Heats Up: BitMine Still Ahead Despite SharpLink’s Latest Ether Purchase

Ether (ETH) is holding steady above $3,800, according to CoinDesk Data, as the battle for dominance among corporate ETH treasuries intensifies. On Tuesday, SharpLink Gaming (SBET) announced it had purchased an additional 77,210 ETH last week, worth nearly $290 million at an average price of $3,756. The move raises SharpLink’s total ether holdings to 438,190 … Read more

New Ether Treasury Firm ‘ETHZilla’ Emerges With $425M Funding and a DeFi Twist

Nasdaq-listed biotech firm 180 Life Sciences (ATNF) is set to rebrand as ETHZilla after securing $425 million in private funding to pivot toward an ether-focused treasury strategy. The transaction, structured as a private investment in public equity (PIPE), is expected to close by Aug. 1, the company said in a press release. It’s backed by … Read more

CoinDesk 20 Performance Update: Stellar (XLM) Gains 2.1% as Index Inches Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4023.35, up 0.5% (+19.79) since 4 p.m. ET on Monday. Eleven of 20 assets are trading higher. Leaders: XLM (+2.1%) and HBAR (+1.8%). Laggards: AVAX (-3.1%) and SUI (-2.8%). … Read more

MARA, Holder of Nearly $6B BTC, Raises $950M to Buy More Bitcoin

Bitcoin mining company MARA Holdings (MARA) has completed a $950 million offering of 0.00% convertible senior notes due 2032, with the majority of proceeds earmarked to purchase additional bitcoin. The offering, which could expand to $1.15 billion if underwriters exercise their option in full, MARA announced on Monday. Net proceeds of approximately $940.5 million will … Read more

Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan

Coinbase’s (COIN) partnership with Circle (CRCL) and exposure to Circle’s USDC stablecoin is generating significant financial upside, both through equity appreciation and high-margin revenue streams, according to a new report from Wall Street bank JPMorgan. The total value of Circle-related economics to Coinbase shareholders is estimated at $55 to $60 billion, the bank said, suggesting … Read more

ECB Says U.S.-Backed Stablecoin Use in EU Could Weaken Its Monetary Autonomy

Widespread use of U.S. dollar-denominated stablecoins in the European Union (EU) for payments or settlement could damage the European Central Bank’s control over monetary conditions, an ECB adviser said. If U.S.-backed stablecoins, digital assets that are backed by the dollar, gain traction for use in the EU, the effect could be similar to the impact … Read more