Category: crypto

Tokyo-based game developer Gumi Inc. plans to acquire $17 million worth of XRP over five months starting in September 2025. They see XRP as strategically important for global remittance and liquidity services. Gumi also purchased $6.8 million in Bitcoin earlier in the year and aims to build its blockchain business around both assets.

Bitcoin holding patterns suggest a potential uptrend resuming in late September 2025, driven by institutional adoption and policy catalysts. The current cycle differs from previous bull markets with extended timeframes and flattening momentum slopes. Market momentum faces periodic stalls as capital flows shift towards altcoins. Favorable policy backdrop and institutional adoption support sustained bull market…

Bitwise Chief Investment Officer Matt Hougan believes Solana could reach new all-time highs, driven by factors like ETF inflows and institutional interest. Solana’s efficiency and developer activity position it as a potential alternative to Ethereum. Bitwise has a long-term bullish outlook on Solana, projecting significant growth by 2030.

Eliza Labs and founder Shaw Walters filed an antitrust lawsuit against social media platform X alleging fraud and anticompetitive behavior. The lawsuit seeks damages exceeding $75,000 and immediate restoration of the account. Walters claims X deplatformed them, extracted technical information, and launched competing products. The lawsuit seeks various forms of relief, including monetary damages and…

BlackRock’s iShares Ethereum Trust ETF (ETHA) saw significant weekly inflows of $1.244 billion, ranking second among all ETFs. Vanguard’s S&P 500 ETF outperformed ETHA with $1.711 billion in flows. Ethereum ETFs have accumulated nearly $10 billion in inflows since July, indicating growing institutional and retail interest in Ethereum as a treasury asset.

Tether has decided to classify its USDT tokens on older blockchains such as Bitcoin Cash, Kusama, EOS, and Algorand as “unsupported” instead of freezing them as originally planned. This came after community pushback, with users still able to move tokens but Tether will no longer issue or redeem USDT on those platforms. The company also…

Bitfinex-backed Plasma partnered with EtherFi as a launch partner for its mainnet beta. EtherFi transferred over $500 million to Plasma’s platform for stablecoin-backed yield strategies. The collaboration offers users more lending options. Plasma operates as a Bitcoin sidechain with EVM compatibility. The partnership aims to meet the increasing demand for stablecoin infrastructure.

The US tokenized treasury market hit a new high of $7.45 billion, surpassing the previous peak of $7.42 billion. BlackRock’s BUIDL fund leads with $2.38 billion. Inflows from funds like WTGXX and USYC offset outflows from BENJI and JTFSY. Institutional interest in blockchain-based treasury exposure is growing, with potential for further adoption.

The Solana Policy Institute has pledged $500,000 to support the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. The developers created an Ethereum-based privacy protocol allowing anonymous crypto transactions. Courts held them liable for illicit activities. The crypto community argues developers should not be held responsible for third-party activity. Industry experts warn…

A publicly listed real estate firm, CaliberCos, has become the first corporate treasury vehicle to hold Chainlink (LINK) as a reserve asset. Despite financial struggles and a delisting notice from Nasdaq, the company plans to stake the tokens and integrate Chainlink’s blockchain technology into core operations. Shares surged after the announcement, highlighting the potential benefits…