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Author: James Wilson
Circle has turned its tokenized Treasury fund into more than just a passive yield play. With Binance now accepting USYC as off-exchange collateral, the stablecoin issuer is quietly expanding the functional footprint of tokenized real-world assets in crypto’s institutional stack. Summary Circle’s USYC stablecoin is now accepted as off-exchange collateral on Binance, enabling institutions to earn yield while posting margin. The move marks the first major exchange integration of a yield-bearing tokenized Treasury fund for derivatives trading. On July 24, USDC issuer Circle announced that Binance would integrate its yield-bearing USYC stablecoin as eligible collateral for institutional derivatives trading, marking…
Traders are concerned about potential insider selling as the Ripple co-founder moves $140 million in XRP to exchanges. Summary Ripple co-founder moved $140M to exchanges, says ZachXBT Holders raise alarm over potential insider selling The XRP token dipped 8% to a weekly low of $2.99 A major insider move is stirring up concern among XRP (XRP) holders. Between July 17 and 24, the wallet linked to Ripple’s co-founder Chris Larsen moved $175 million in XRP tokens. According to an analysis by crypto investigator ZachXBT, $140 million of these funds ended up on crypto exchange addresses. ZachXBT’s X post about the…
U.S. stocks opened mixed on Thursday, with Nasdaq and S&P 500 in the green and Dow Jones Industrial Average slightly down as shares of IBM dropped. Summary Nasdaq Composite opened higher on Thursday, buoyed by premarket gains for Google parent Alphabet’s stock. S&P 500 also traded to new highs, but Dow Jones Industrial Average slipped amid declines for IBM. Tesla shares fell in early trading after the electric carmaker’s earnings and sales miss. The Dow Jones Industrial Average dropped and S&P 500 hovered at new peak as investors assessed various market factors. Nasdaq Composite was roughly 0.3% up and like…
Stablecoin issuer Tether has frozen millions in USDT connected to wallets used by a Gaza-based money transfer network accused of financing terrorism. The move came as part of a broader U.S. Department of Justice enforcement action targeting digital assets tied to terrorist groups. Summary Tether assisted the U.S. Department of Justice in cracking down on millions in crypto tied to wallets used for terror financing. The firm is preparing a U.S. comeback with a new regulated stablecoin under the GENIUS Act. The DOJ recently announced a civil forfeiture case tied to around $2 million in crypto allegedly used to fund…
Bitcoin dominance spiraled to its lowest level in five months, down to 60.51%. While dominance is recovering, crypto experts predict the onset of the altcoin season. The dramatic decline in BTC dominance is considered an early indicator of an altcoin season. Ripple, Solana and Dogecoin post double-digit gains, leading an altcoin rally in the second half of 2025. Bitcoin dominance unravels Bitcoin (BTC) dominance dropped to its lowest level since June, on July 21, 2025. Since then BTC dominance recovered, however it is ranging under 62%, at the time of writing on Thursday. Bitcoin dominance is a key ingredient in…
It’s only halfway through 2025, and the crypto industry has already taken some heavy hits, as scams, breaches, and hacks continue to leave a trail of losses. Summary Over $3.1 billion has been lost across the industry in just six months. The February Bybit exploit was the biggest crypto hack on record. Access control failures, smart contract bugs, phishing scams, and AI-powered exploits made up the bulk of the hacks. In just six months, the crypto industry has already lost over $3.1 billion to hacks and scams, according to Hacken’s 2025 mid-year Web3 security report. This surpasses the full-year total…
Arkham Intelligence has clarified that the U.S. government still holds approximately 198K BTC, disproving rumors that it had sold off 85% of its reserves. Summary Arkham Intelligence reports the U.S. government currently holds about 198K BTC, valued at $23.5B, dispelling rumors of an 85% Bitcoin sell-off. The rumor originated from a FOIA request revealing only 29K BTC held by the U.S. Marshals Service. These holdings significantly surpass holdings of other governments, including the UK’s $7B and Bhutan’s $1.3B. The U.S. government’s Bitcoin stash accounts for roughly 0.065% of its national debt, which exceeds $37T. Blockchain analytics firm Arkham Intelligence has…
Ghana is planning to license crypto platforms in an attempt to capture revenue from the growing web3 and provide regulatory clarity for digital assets. How much impact will it make? Summary The central bank is finalizing a legal framework that would regulate digital asset firms. Many companies and economic actors in Ghana have already started using cryptocurrency for everyday transactions. In a recent interview with Bloomberg, Governor of the Bank of Ghana Johnson Asiama said that the central bank is already in the process of finalizing a regulatory framework that will be sent through to parliament by September this year.…
XLM price is cooling off after a sharp rally to $0.52, but key support level is holding, keeping the bullish structure intact. Summary XLM broke out above $0.33 resistance after months of consolidation, hitting $0.52 — its highest level since January. Rally was fueled by a surge in Stellar’s stablecoin supply and futures open interest . Price has now pulled back ~10% to $0.42 as traders take profits. The $0.33 breakout zone now serves as strong support. Overall structure remains bullish but a break below the 20-day EMA could signal a deeper correction. Next resistance sits at $0.64, representing a…
Meme coin launchpad Pump.fun and its founders are back in the spotlight, and once again, it’s for all the wrong reasons. Summary A new federal lawsuit alleges Pump.fun and its partners ran a meme coin operation designed to defraud users. Over 98% of Pump.fun tokens failed within 24 hours, according to court filing. Controversy around Pump.fun has been heating up lately. A recently amended class action lawsuit is turning up the pressure on Pump.fun, accusing the Solana-based platform of operating an illegal scheme that systematically drained retail traders through rigged token launches and insider-driven trades. Pumpdotfun Litigation UpdateBurwick Law, on…