Author: James Wilson
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP ETF inflows surpass $1.5 billion as investors explore alternative digital asset strategies, including cloud mining and DeFi yield platforms. Summary Rising XRP ETF inflows are boosting interest in EX DeFi as investors explore cloud mining and yield opportunities. As XRP ETF inflows top $1.5 billion, EX DeFi highlights cloud mining as an alternative way to earn on XRP holdings. Institutional demand lifts XRP ETF inflows past $1.5 billion, while EX DeFi promotes long-term crypto yield solutions. The XRP-backed…
Circle has secured a New York trust charter to expand its state regulatory footprint. Summary Circle has received a New York trust charter from the NYDFS for Circle New York Trust. The approval follows Circle’s recent federal trust bank authorization from the U.S. OCC under a separate regulatory framework. Circle said the charter strengthens oversight for its USDC business and extends its decade long relationship with the NYDFS. According to an announcement from Circle on Friday, the stablecoin issuer has received a limited-purpose trust charter from the New York Department of Financial Services for Circle Internet Trust Company LLC, doing…
BNB price rallied more than 5% before sellers halted the advance near $600, leaving the token at about $590 on July 31 as traders assessed whether its breakout can hold. Summary BNB price climbed above $590 after breaking a descending trendline that had capped price for about 45 days. The daily price moved above the Bollinger Band’s $587.85 upper boundary, signaling strong but stretched momentum. A 3-day liquidation heatmap shows major liquidity clusters near $580 and $605–$610. 4-hour RSI remains bullish at 65.14, while the MACD continues to favor buyers. BNB price action today According to data from crypto.news, BNB…
KSNet has partnered with the Solana Foundation to test blockchain payments and AI-driven transaction systems for South Korea’s financial market. Summary KSNet and the Solana Foundation signed an agreement to test blockchain based payment infrastructure in South Korea. The companies will begin proof of concept projects covering Solana Pay integration and AI payments using the x402 protocol. KSNet plans to connect Solana Pay with its merchant network while incorporating AML controls and won settlement support. The partnership adds to Solana’s recent enterprise payment initiatives across stablecoins, AI services, and regulated financial infrastructure. KSNet announced on July 30 that it has…
Bitcoin and Ether options with a combined notional value of about $10.43 billion expired on July 31, placing the $64,000 Bitcoin level at the center of the monthly settlement. Summary 149,000 Bitcoin options worth $9.6 billion expired with max pain concentrated at the $64,000 level. 435,000 Ether options worth $830 million expired with a 0.63 put-call ratio and $1,850 max-pain. Low implied volatility and uneven inflows kept Bitcoin near $64,000 despite call-heavy monthly positioning overall. Greeks.live reported that 149,000 Bitcoin options worth $9.6 billion expired with a 0.28 put-call ratio and $64,000 max pain. Another 435,000 Ether options worth $830…
Senate negotiators have reportedly proposed revised ethics language for the CLARITY Act that would let state authorities enforce restrictions on federal officials’ crypto activities as bipartisan talks continue before the August recess. Summary Senators Thom Tillis and Ruben Gallego have reportedly proposed new CLARITY Act ethics rules that would allow state authorities to enforce restrictions on federal officials’ crypto activities. The reported changes address Democratic concerns over leaving enforcement solely to the Department of Justice. The revised ethics proposal comes as Senate negotiators continue seeking enough Democratic support to advance the crypto market structure bill. Treasury Secretary Scott Bessent has…
Bhutan’s Gelephu Mindfulness City appointed Canadian digital-asset manager 3iQ on July 30 to manage a dedicated mandate backed by an undisclosed portion of its Bitcoin treasury. Summary 3iQ will manage an undisclosed portion of Gelephu Mindfulness City’s Bitcoin treasury under the mandate. 10,000 BTC were pledged in December 2025 to support Gelephu’s long-term development and economic plans. 3iQ plans a long-term local presence, talent investment and knowledge transfer alongside treasury management operations. The agreement advances a national pledge to allocate up to 10,000 BTC to the special administrative region’s long-term development. The parties said 3iQ will also establish a long-term…
Google is reportedly backing a proposed $15 billion financing package for an Anthropic-linked data center in Texas, extending an AI infrastructure boom that has also lifted Bitcoin miners expanding into high-performance computing. Summary Nexus is in advanced talks to raise $15 billion for its Hubbard, Texas, data-center campus. Google would guarantee parts of Anthropic’s leases and receive an estimated 20% project stake. The campus includes an on-site natural-gas plant capable of generating 1.6 gigawatts. AI-focused mining stocks rallied Thursday, with IREN, Hut 8 and CleanSpark gaining more than 20%. Google and Anthropic financing terms A group of banks led by…
The Senate released 616 pages merging two committee drafts into one bill. Here is what the combined text actually does, section by section. Summary Senate Republicans released updated CLARITY Act text on July 22, 2026, merging the Banking and Agriculture committee drafts into a single 616-page bill with more than 70 pages of new language, including a government ethics title negotiated with the White House. The bill divides digital assets into three statutory categories: digital commodities overseen by the CFTC, investment contract assets under the SEC, and permitted payment stablecoins governed by the GENIUS Act, with a maturity certification process…
Strategy reported an $8.33 billion second-quarter operating loss after Bitcoin’s 27% decline this year drove a sharp reduction in the value of its digital asset portfolio. Summary Strategy recorded an $8.32 billion unrealized digital asset loss during the second quarter. Its 843,775 BTC were worth $54.77 billion, below their $63.69 billion acquisition cost. The company posted an $8.22 billion net loss, equal to $24.45 per diluted share. A $3.75 billion dollar reserve provides 2.1 years of preferred dividend coverage under Strategy’s policy. Strategy’s Bitcoin decline drives $8.33B loss Bitcoin traded near $64,700 following Strategy’s earnings announcement, down from approximately $88,400…