Pudgy Penguins’ PENGU Token Leads Groundbreaking US Cryptocurrency Legislation and ETF Application

More Reading

Market Volatility Follows SEC’s Project Crypto Announcement, XRP and SOL Prices Slide

21:26 01-08-2025 （3 hours ago）

The recent announcement detailing the U.S. Securities and Exchange Commission's (SEC) 'Project Crypto' initiative, aimed at providing clearer regulations for blockchain markets, was met with a cautious and negative reaction from cryptocurrency traders. Despite the initiative's prospective goal of long-term regulatory clarity, key digital assets like XRP and Solana (SOL) experienced significant price declines. This immediate market response triggered a...

Visa Expands Stablecoin Payment Support to Stellar and Avalanche Networks

20:53 31-07-2025 （1 day ago）

Visa has broadened its blockchain payment capabilities by integrating additional stablecoins and new blockchain networks into its settlement platform. The payments processor now supports PayPal USD (PYUSD), Euro Coin (EURC), and Global Dollar (USDG) on the Stellar and Avalanche networks, complementing its existing support for USDC on Ethereum and Solana. This expansion aims to enhance cross-border payment efficiency and flexibility...

Trump Tariff Announcement Triggers Crypto Market Slide, Hits Stocks Harder Than Digital Assets

17:53 01-08-2025 （6 hours ago）

The cryptocurrency market experienced a sharp downturn following former U.S. President Donald Trump's announcement of proposed new tariffs, sparking widespread market anxiety and triggering massive long liquidations across exchanges. Major cryptocurrencies registered declines amid the sell-off, with Bitcoin briefly touching $113,988.47 before paring losses. Ethereum, XRP, and BNB saw milder decreases compared to Bitcoin's initial plunge. Crypto-related equities bore the...

Spot Ethereum ETFs Shatter Records with $5.43 Billion July Inflows

12:16 01-08-2025 （12 hours ago）

US Spot Ethereum Exchange-Traded Funds (ETFs) achieved unprecedented growth in July, registering a record-smashing $5.43 billion in net inflows. This figure represents a staggering 369% increase compared to the $1.16 billion recorded in June, signaling a significant surge in institutional interest and confidence in Ethereum's market. The remarkable inflow surge coincided with a substantial price appreciation for Ethereum's native token,...

Bitcoin Eyes New Highs Amid Strong Institutional Support, Altcoins Hold Key Levels

16:04 01-08-2025 （8 hours ago）

Bitcoin demonstrates potential for a rebound toward record territory as institutional adoption and technical support levels provide strong market foundations. The cryptocurrency briefly dipped below $115,000 before attracting significant buying interest, signaling possible upward momentum toward historic highs above $123,000. Institutional commitment remains robust with Bitcoin Treasury Companies accumulating 791,662 BTC valued at approximately $93 billion. Simultaneously, Ethereum's institutional demand...

SEC Chairman Prioritizes Crypto Regulatory Framework for Market Clarity and Investor Protection

01:47 01-08-2025 （22 hours ago）

The Chairman of the U.S. Securities and Exchange Commission (SEC) has emphasized the urgent need to establish a regulatory framework for cryptocurrency assets. This initiative aims to provide market clarity, protect investors, and balance innovation with regulatory compliance in the evolving digital asset landscape. Key challenges in developing these regulations include precisely defining crypto assets, addressing jurisdictional overlaps among regulatory...

Ether Machine Becomes Third-Largest Corporate ETH Holder Amid Institutional Accumulation Trend

08:13 31-07-2025 （2 days ago）

The Ether Machine has ascended to become the third-largest corporate holder of Ethereum (ETH) after acquiring an additional 15,000 ETH, elevating its holdings to 334,757 ETH. This positions the firm above the Ethereum Foundation’s acknowledged reserves of 234,000 ETH, highlighting a significant transfer of ownership to institutional entities. Corporate accumulation of ETH is surging at twice the pace of Bitcoin...

News Platform Recommends Subscribing to Crypto Updates via Social Media Alerts

21:16 31-07-2025 （1 day ago）

A cryptocurrency news service has released guidance urging users to activate notifications on its social media channels to receive timely market updates and insights. Users are advised to enable alerts for the platform's official Twitter account to ensure immediate access to breaking cryptocurrency news and analysis. Subscribers should additionally turn on notifications for the service's Telegram channel to receive curated...

Robinhood Posts Strong Q2 Revenue Growth Despite Dip in Crypto Trading Volume

21:01 30-07-2025 （2 days ago）

Robinhood Markets, Inc. reported robust financial results for the second quarter, achieving $989 million in total revenue. This figure represents a significant 45% increase compared to the same period last year, surpassing analyst expectations. While overall sales surged, revenue generated specifically from cryptocurrency trading on the platform declined sequentially. Crypto trading revenue fell to $160 million for the quarter, marking...

Newer Blockchains Lead Quantum Resistance Charge as Bitcoin, Ethereum Face Vulnerability

23:52 30-07-2025 （2 days ago）

Blockchains utilizing the EdDSA cryptographic signature scheme, such as Solana, Sui, and Near, demonstrate significantly greater inherent resistance to future quantum computing threats compared to established networks like Bitcoin and Ethereum, which rely on the older ECDSA standard. Quantum computers capable of running Shor’s Algorithm possess the potential to rapidly factor large numbers underlying many current cryptographic systems. This poses...

Crypto Stocks Tumble Amid Economic Uncertainty and Bitcoin Price Retreat

17:13 01-08-2025 （7 hours ago）

Major US cryptocurrency-related equities faced significant declines as shares of Coinbase, Riot Platforms, and CleanSpark fell between 7% and 16% during a broad market sell-off. The downturn was fueled by disappointing US jobs data and global tariff concerns. New employment figures from the US Bureau of Labor Statistics showed only 73,000 jobs created last month, falling short of the anticipated...

Virtu Financial Bolsters Bitcoin Portfolio By 175 BTC, Reflecting Institutional Confidence

12:33 01-08-2025 （11 hours ago）

Virtu Financial significantly increased its Bitcoin holdings during the second quarter of 2024, adding 175 BTC to its reserves. The financial services firm's total Bitcoin holdings now stand at 410 BTC, a substantial rise from the 235 BTC held at the end of the first quarter of 2024. This sizable accumulation signals robust institutional confidence in Bitcoin's potential as a...