Author: James Wilson

Ethereum is trading at $3,786, down about 3.7% from its local high of $3,933 recorded on July 28.  Summary ETH is still up 56% in the last 30 days despite a 3% pullback from $3,933 local top. Exchange reserves fell by over 1M ETH in the past month, signaling reduced sell pressure. ETH ETF inflows remain strong, while technicals show bullish momentum with short-term exhaustion. The move marks a minor retracement after a sharp rally over the past 30 days, with the token still up 56%. While trading volume has dropped 12.2% over the last 24 hours to $26.1 billion,…

Plasma, a stablecoin-focused layer 1 blockchain, has raised $373 million in a public token sale, positioning itself as a major new player in the stablecoin infrastructure space. Summary Plasma raised $373M in 10 days, exceeding its $50M goal by 7x. The network will launch with $1B in TVL and support zero-fee transfers. Its timing follows the stablecoin-friendly GENIUS Act, boosting investor confidence. According to a statement on Plasma’s official X account, the company raised $373 million in a 10-day token sale that ended July 28. The raise was over seven times its original $50 million target, marking one of the…

Coinbase is in advanced talks to acquire CoinDCX after a $44M hack, offering less than half of what CoinDCX was valued at in the last bull market. Summary Coinbase is negotiating to acquire CoinDCX for under $1 billion, deepening its investment in India’s crypto sector. CoinDCX recently lost $44 million in a major hack, raising questions about operational risk and trust. The acquisition would help Coinbase build a stronger presence in India ahead of upcoming crypto regulations. Coinbase is allegedly in advanced negotiations to acquire CoinDCX, India’s largest cryptocurrency exchange, as the U.S. firm seeks to grow its presence in…

Tokenization platform Brickken integrated the decentralized lending protocol Credefi to create a peer-to-peer lending system. Summary Brickken integrates Credefi for decentralized lending The new lending system will be peer-to-peer RWAs will serve as the backing for loans Real-world assets are rapidly expanding the potential in DeFi, including for decentralized lending. On Monday, July 28, the tokenization platform Brickken integrated with the DeFi lender Credefi to create permissionless, peer-to-peer lending. Brickken’s lending platform will use the RWAs issued on its platform as loan collateral for lending. Users will be able to put up these RWAs as collateral on Credefi’s DeFi platform,…

Grove Finance, an institutional-grade credit protocol in the Sky ecosystem, will go live on Avalanche, deploying up to $250 million in real-world assets to bolster the layer-1 blockchain’s tokenization traction. Summary Grove Finance has announced its launch on Avalanche, with up to $250 million in real-world assets coming onchain. The institutional-grade credit engine on Sky targets adoption for the USDS stablecoin. Avalanche’s RWA market includes BlackRock’s BUIDL and Franklin Templeton’s BENJI. Grove, introduced recently as an institutional-grade platform designed to accelerate the adoption of the decentralized stablecoin USDS on Sky, is set to expand to Avalanche (AVAX).  The project aims…

Despite surging adoption since 2021, cryptocurrency remains a hard sell for most Americans. New Gallup data reveals a stark divide: while 14% of U.S. adults own crypto, 60% have zero interest. Even as regulation takes shape, distrust runs deep. Summary Gallup survey shows just 14% of U.S. adults own crypto, while 60% have no interest. Adoption skews heavily toward young men, college grads, and higher-income conservatives. The GENIUS Act may shape regulation, but trust and utility gaps continue to stall adoption. A Gallup survey conducted June 2-15 found that cryptocurrency ownership in the U.S. has plateaued at a modest 14%,…

Mill City Ventures is committing $450 million to Sui, positioning itself as a bridge between traditional finance and blockchain’s next wave. With elite backers like Galaxy and Pantera, the move may accelerate Sui’s path to mainstream institutional use. Summary Mill City Ventures pledged $450 million to build the first publicly traded Sui treasury, with 98% of proceeds going to SUI token purchases. The move signals a shift from traditional lending to infrastructure-focused crypto reserves, targeting Sui’s high-speed blockchain for institutional adoption. On July 28, non-bank lending company Mill City Ventures III announced a $450 million private placement to fund a…

Tron Inc. quietly filed a $1 billion shelf registration statement with the SEC, giving it flexibility to issue securities for future TRX accumulation. But with no set timeline or terms, investors are left guessing how aggressively it will deploy this capital. Summary Tron Inc. filed a $1B shelf registration with the SEC to fund future TRX accumulation and blockchain ventures. The firm is pivoting from toy manufacturing to crypto treasury management, now holding 365 million TRX tokens. According to a Form S-3 registration statement filed with the U.S. Securities and Exchange Commission on July 28, Tron Inc. secured approval to…

ARB is showing signs of a potential double bottom formation, but recent price action has lost key support levels. A retest of critical zones may determine whether the structure remains valid or gets delayed further. Summary ARB has formed a potential double bottom but has not yet confirmed it with a breakout above $0.51. Price lost the value area high and is now approaching key support at the Point of Control and 0.618 Fibonacci level. A bounce from this zone could lead to another rally, but failure to hold risks a rotation back toward the $0.26 range low. After rallying…

Japan’s Metaplanet hasn’t stopped buying Bitcoin, and its latest acquisition pushed it over $2 billion mark. Summary MetaPlanet’s BTC holdings reach $2B The company most recently bought 780 BTC Despite these purchases, its stock continues to struggle Japan’s largest corporate Bitcoin (BTC) hasn’t stopped accumulating, and its latest purchase pushed it over a major milestone. On Monday, July 28, Metalanet’s Bitcoin holdings hit $2 billion, according to blockchain analytics platform Arkam Intelligence. METAPLANET’S HOLDINGS HIT $2 BILLION OF BITCOIN TODAYMetaplanet’s BTC holdings hit $2B this morning after $46.7M flowed into their wallets from QCP Capital.Metaplanet is the largest Japanese corporate…