A Look at The Mechanics
Key Takeaways Grayscale filing seeks to convert ETHE and GSOL staking rewards into quarterly cash payouts starting around Aug. 7. GSOL currently stakes 100% of its SOL, generating roughly 6.1% in gross annual staking rewards. Ethereum trades near $1,857 and…
PUMP Climbs to a 2-Month High: Key Catalysts and What’s Next?
The cryptocurrency market has shown a minor resurgence today (July 20), yet the best-performing asset (from the top 100 club) isn’t Bitcoin (BTC) or Ethereum (ETH), but Pump.fun’s native token, PUMP. Meanwhile, some believe this may not be just a…
Hyperliquid Plans Permissionless Outcome Markets With HIP-4 Upgrade, Expanding Prediction Market Ambitions
Hyperliquid is preparing to open its outcome markets to permissionless deployment, marking the next phase of its HIP-4 upgrade and positioning the decentralized exchange to compete more directly in the rapidly expanding prediction market sector. The project announced on July…
Most Banks Dropped Transfer Fees. BSP Is Now Reviewing Those That Didn’t
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas (BSP) is currently evaluating compliance reports and cost breakdowns submitted by financial institutions and e-wallet…
Exodus cuts 25% of workforce in major stablecoin payments pivot
Exodus Movement has cut about 25% of its global workforce as the crypto wallet company reorganizes around a full-stack stablecoin payments platform. Summary Exodus has cut 25% of its global workforce, potentially affecting about 54 employees. The company expects $10…
South Korea Cracks Down on 40 Crypto Manipulation Cases Since the 2024 Law
South Korea’s financial regulators have investigated around 40 cases of suspected crypto market manipulation since the country’s landmark Virtual Asset User Protection Act took effect in July 2024, underscoring the government’s increasingly aggressive approach to policing digital asset markets. The…
CLARITY Act Enters 18-Day Senate Window Before August Recess
Key Takeaways The Senate has 18 legislative days before the August recess, leaving limited time to finalize the CLARITY Act. Supporters say ethics provisions remain the main negotiating hurdle as bipartisan discussions continue. Russia’s move toward a legal crypto framework…
Coinbase backs tougher CLARITY Act as Trump ethics fight deepens
Coinbase has backed a tougher CLARITY Act after Senate Democrats added customer safeguards, even as its 2026 approval odds have fallen to 31% on Polymarket amid a dispute over ethics rules involving President Donald Trump. Summary Coinbase backs the revised…
The Dramatic Shift in Bitcoin Ownership Splitting the Market
Key Takeaways Large Bitcoin whales accumulated 66,700 BTC while mid-tier owners aggressively sold off their holdings. This supply shift to larger wallets signals a positive medium-term outlook by reducing available Bitcoin. Strategy paused its Bitcoin purchases to raise $263.5 million…
XRPL Reserve Debate Splits Community Over Adoption vs Security
Vet argues that reserve requirements serve as an important defense against spam attacks and excessive network resource usage. An XRPL validator has said that he will not vote for another reduction in its account reserves, sparking a community debate…
