DeFi TVL Surges 72% to $94B
DeFi TVL surged to $94.1B, a 72.8% increase, driven by institutional inflows from spot Bitcoin ETFs. Bitcoin hit an all-time high of $73,000, now at $67,235. Market cap reached $2.27T, up 37%.
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DeFi TVL surged to $94.1B, a 72.8% increase, driven by institutional inflows from spot Bitcoin ETFs. Bitcoin hit an all-time high of $73,000, now at $67,235. Market cap reached $2.27T, up 37%.
President Biden proposed Supreme Court reforms: term limits, a binding ethics code, and the “No One Is Above the Law Amendment” to challenge Trump’s immunity ruling, aiming to restore public trust and safeguard democracy.
Ethereum, co-founded by Vitalik Buterin, celebrates its 9th anniversary with a market cap over $400B, 2.45B transactions, and 7M+ users. Major upgrades like the Merge have reduced fees and transitioned it to proof-of-stake.
The SEC is amending its lawsuit against Binance to avoid classifying tokens like Solana (SOL) and Cardano (ADA) as securities. This move follows a court ruling that secondary sales of BNB are not securities. Binance calls the SEC’s request premature. #CryptoRegulation
ArbitrumDAO considers expanding Orbit Chain beyond Ethereum to Bitcoin, Binance Smart Chain & Cosmos. 99.8% of ARB token votes support the proposal. Voting ends July 31. #Crypto #Blockchain
Anthony Scaramucci predicts VP Kamala Harris may fire U.S. SEC Chair Gary Gensler if she runs for president, aiming for a bipartisan crypto approach. #Crypto #Regulation
Ethereum spot ETFs launched in the US on July 24, with BlackRock leading a $1.11B first-day trading volume. Ethereum options open interest hit $7.39B. #Crypto #ETH
Crypto exchange @Bitstamp starts reimbursing Mt. Gox creditors from July 25, marking a major step in compensating those affected by the 2014 hack. Over $9B in assets to be distributed. #CryptoNews #Bitcoin
Chinese e-commerce giant @JD_Central to launch Hong Kong dollar stablecoin, JD Stablecoin, via subsidiary JD Coinlink. Pegged 1:1 to HKD, backed by liquid assets. #Fintech #CryptoNews
Spot Ethereum ETFs debut with a $361M trading volume in 90 minutes, ranking in the top 1% of all ETFs. Leading funds: $ETHE $147.8M, $ETHA $71.4M. #CryptoNews
Large Ethereum holders cashed out $747M ahead of spot $ETH ETFs launch in the US, marking the highest profits in 40 days. Long-term holders saw gains soar to $666M. #CryptoNews
Bitwise Asset Management launches the $ETHW Ethereum ETF on NYSE, donating 10% of profits to Ethereum development groups like @ProtocolGuild. Management fee: 0.20%, waived for the first 6 months. #Ethereum #CryptoNews
State Street Corporation is planning to launch a stablecoin and deposit token to boost blockchain payment settlements, enhancing cross-border payment speed and efficiency. #Blockchain #Finance
The SEC approves spot Ethereum ETFs to start trading on July 23 at 09:30 ET. Analysts predict $5.4B-$15B inflow in 6 months. $ETH was $3480 at announcement. #CryptoNews #Ethereum