Author: James Wilson

A federal prosecutor let slip that the Department of Justice is still mulling charges against Dragonfly’s Tom Schmidt, before promptly asking the court to seal the comment. The Tornado Cash case is now entangling venture capital in ways few expected. Summary A DOJ prosecutor revealed that charges against Dragonfly’s Tom Schmidt are still under consideration, before requesting the statement be sealed. The Tornado Cash trial is surfacing a potential new theory of investor liability in crypto cases, implicating VCs for advisory roles According to a July 25 X post by Fox Business journalist Eleanor Terrett, a Department of Justice prosecutor…

Mega Matrix is stepping into the intensifying competition for institutional stablecoin adoption, armed with a fresh $16 million private placement. The move positions the firm alongside a growing wave of corporations treating crypto as core treasury assets. Summary Mega Matrix raised $16M to pivot into stablecoin-based treasury infrastructure and yield systems. The move aligns with rising institutional interest in stablecoins as core corporate assets. NYSE-listed Mega Matrix (MPU) confirmed its entry into the stablecoin sector following a $16 million private placement backed by crypto-native investors and funds. The financing will fuel the company’s pivot toward developing on-chain treasury infrastructure, including…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. OPTO Miner adds DOGE support, expanding its mobile cloud mining app for global crypto users. Summary OPTO Miner is a blockchain cloud computing solution provider. Its new platform now supports DOGE and XRP for mobile cloud mining. OPTO Miner unlocks DOGE/XRP mining with zero setup required. London, July 24, 2025 — OPTO Miner, a blockchain cloud computing solution provider, announced the launch of the latest upgraded version of its mobile cloud computing application.  OPTO Miner has added support for…

MANA continues to trade within a long-standing range. After rejecting from value area high and losing the point of control, all eyes turn to the 0.618 Fib confluence zone for support. Summary Sonic Token is testing confluence support at the Point of Control and 0.618 Fibonacci Daily closes above this level are crucial for maintaining bullish momentum Targeting $0.42 swing high if support holds; breakdown opens risk of larger correction Decentraland (MANA) has been range-bound between $0.19 and $0.38 for an extended period, maintaining a rotational structure without decisive breakout. The most recent move saw price reject cleanly from the…

Spark’s price rebounded on Friday, July 25, as the supply of its tokens on exchanges plummeted, its total value locked increased, and following its integration with THENA.  Summary Spark price rebounded as exchange balances dropped to a record low. The token also jumped as its total value locked rallied to $8 billion. Spark Network was also integrated on THENA. The Spark (SPK) token price jumped by over 15%, reaching an intraday high of $0.1335. This rebound brought its market capitalization to nearly $130 million. Spark rebounds as exchange balances fall The SPK token jumped on Friday as third-party data showed…

Bitcoin fell to $115,002 on Thursday, slipping over 6% from its July 14 record peak as open interest surged to a new all-time high of $44.5 billion. Summary Bitcoin dropped to $115,002, down 6% from its July 14 all-time high. Open interest hit a new record of $44.5B, indicating increased leveraged trading during the decline. Binance’s perpetual-spot spread turned positive, signaling long pressure despite price resistance near $120K. As Bitcoin’s (BTC) price retreats, traders continue to open new positions at record pace. According to an analysis by CryptoQuant contributor Arab Chain, the sharp rise in open interest alongside a falling…

Open interest for Bitcoin just surged by 10,000 BTC, signifying an 8% surge that could shake up the price of BTC even more than it already has. Summary Open interest on Binance surged by 10,000 BTC for BTCUSDT, indicating big waves. A spike in open interest could lead to a boost or a plummet in prices. According to data from CoinGlass, Binance total BTC (BTC) futures for open interest is currently standing at 136,190 BTC or worth approximately $15.74 billion. In the past 24 hours, the rate for the total Bitcoin open interest has seen a 5.74% surge, with most…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. These are good times for stablecoin issuers. The Senate has passed the GENIUS Act, and with it signaled that the United States is open for blockchain business. The crypto industry is delighted, U.S. startups have a clearer idea of how to approach web3, and the clouds of regulatory uncertainty that hung over the previous U.S. administration have lifted. Summary The U.S. just went all-in on stablecoins with the GENIUS Act, signaling a regulatory green light and turbocharging…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Graphite Network’s @G token is now listed on BitMart, giving it wider access, stronger liquidity, and greater visibility among global crypto traders. Summary The @G coin is listed on BitMart, boosting Graphite Network’s reach and liquidity. Graphite Network offers real-world tools like Trust Scores and the Reputation Phonebook. Its focus on verified identity and usability sets the @G coin apart from other L1 tokens. Graphite Network took a big leap forward by getting its native coin, @G, officially listed…

While most tokens plummeted, SYRUP has surged 30% in a single day amid strong short-term catalysts. Summary SYRUP surged 30% despite a crypto market downturn and Bitcoin losses. The rally was driven by its Upbit listing and spike in trading activity. A pending governance vote and strong institutional ties support upside. Maple Finance (SYRUP) moved in the opposite direction as the crypto market entered yet another correction, with Bitcoin (BTC) plunging below $116,000 and more than $700 million in liquidations. The token is up 30% in the past 24 hours, including a sharp 7% surge in just under an hour.…