Solar project at PowerBank's Geddes location becomes operational, supplying power for a fresh Bitcoin treasury strategy
In a rapidly evolving cryptocurrency landscape, several significant developments have taken place. Here's a roundup of the latest news:
Partnerships and Announcements
- WorldShards has announced a partnership with ByBit and TGE (Token Generation Event) date. This collaboration is expected to bring new opportunities for both parties.
- Ripple has unveiled a demo for "Ripple Payments" featuring XRP liquidity, showcasing the potential of its digital payment solution.
- Ethena Labs is nearing the activation of a fee switch with USDe milestones, a move that could impact the usage and cost of its services.
- Bybit Card has launched in Europe, offering unmatched 20% cashback to its users.
- MEXC has joined Ondo Global Markets Alliance and listed tokenized stocks, with a $150,000 reward pool event to encourage participation.
Regulatory Updates
- The SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission) have approved spot crypto trading on registered exchanges, a significant step towards mainstream adoption.
- The SEC and CFTC have also confirmed a joint crypto trading statement, indicating a coordinated approach to regulating the industry.
- The Federal Reserve has highlighted stablecoins amid the passage of the GENIUS Act, suggesting a growing focus on this area.
Market Trends and Predictions
- Arthur Hayes projects a $10 trillion stablecoin surge by 2028, reflecting a bullish outlook for this segment of the market.
- The Bitcoin Cycle Index signals compression and expansion ahead, providing insights into potential price movements.
- A record 92 cryptocurrency ETF filings have been made in the U.S., awaiting SEC decision, indicating growing investor interest in this asset class.
Investment and Funding
- Aria has raised $15M for an IP tokenization platform.
- Kite has secured $18M in Series A funding, aiming to build the base layer for the agentic web.
- Reflect has secured $3.75M funding to launch USDC+ on Solana, a move that could boost the adoption of decentralized finance on the Solana network.
Policy and Events
- Bridging Bitcoin Innovation and Public Policy event took place in D.C., discussing the intersection of technology and policy in the cryptocurrency space.
- Pioneering AI Visionary Vincent Boucher & AGI Alpha have announced a Meta-Agentic AGI Jobs Marketplace Platform, a potential step towards the integration of artificial intelligence and the job market.
Miscellaneous
- Florida Pension Fund has increased MicroStrategy holdings by $6 million.
- U.S. job openings have missed expectations, potentially impacting the crypto market.
- Trump has proposed tariffs to replace U.S. income tax, a move that could have broader economic implications.
- EcoSync & CarbonCore have launched a full stages refi infrastructure linking carbon credits with Web3, a step towards environmental sustainability in the blockchain industry.
- A new channel for daily income of tens of thousands of dollars is available through SNEYD Mining, although details are scarce.
Disclaimers
- Any forward-looking statements in this news release are qualified by a cautionary statement. New factors can emerge and impact results, but the Company cannot predict all of them.
- The Company does not have an obligation to update or revise any forward-looking statements.
- For media inquiries, please contact Mike Pell at [email protected].
- ALGO Oversold? RSI and Stochastic Oscillator reset point to bounce, suggesting a potential buy opportunity for Algorand investors.
- Cango Inc. has announced August 2025 Bitcoin production and mining operations update, providing insights into the company's bitcoin production plans.
- Cardano $ADA Futures surge to $6.96B with a possible $10 price target, indicating a bullish sentiment for the Cardano token.
- MEXC's Q2 Zero-Fee Strategy has delivered record growth in high-demand pairs, demonstrating the effectiveness of the strategy.
This roundup provides a snapshot of the dynamic cryptocurrency market, highlighting partnerships, regulatory updates, market trends, investment activities, policy events, and miscellaneous developments. Stay tuned for more updates as the industry continues to evolve.
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