Category: crypto

Metaplanet has launched Metaplanet Securities after acquiring Siiibo Securities. The business will focus on Bitcoin-backed bonds and digital credit products for Japanese investors. Project Nova aims to develop a digital credit ecosystem with JPYC and Progmat. The company views Bitcoin as collateral for financial products, expanding its holdings to 210,000 BTC by 2027.

Webull EU has received MiCAR approval in the Netherlands to launch regulated crypto services, with an initial rollout planned in the country before expanding across the EU. The approval allows Webull to provide crypto custody services while client orders will be executed through a partnership with Coinbase Luxembourg.

OKX will temporarily suspend USDC deposits and withdrawals on the Solana network on July 14 for wallet maintenance. Trading services will continue as normal. Users are advised not to make transfers during the pause to avoid potential loss of funds. Solana remains a major USDC settlement network despite the temporary suspension.

The XRP community celebrates “XRP Victory Day” on July 13, marking three years since a split summary judgment in the SEC case against Ripple. The ruling protected programmatic XRP sales but left institutional transactions subject to securities law. Ripple faced a $125 million penalty and considered closing before choosing a legal defense.

A dormant Bitcoin wallet that has been inactive for seven years has transferred 2,931 BTC worth around $188 million, after last being active when Bitcoin was trading near $6,500. Large transfers by whales continue to dominate exchange inflows, with 99% of Bitcoin deposits coming from the 10 largest transfers.

Bitmine purchased 27,801 ETH, increasing its holdings to 5.77 million Ethereum. Chairman Tom Lee identified the Robinhood Chain as a driver of Ethereum adoption. Despite continued accumulation and staking growth, BMNR shares fell nearly 2%. Bitmine aims to own 5% of the total ETH supply by year-end.

President Trump is urging the Senate to pass the CLARITY Act in memory of Senator Lindsey Graham before the August recess. The bill aims to establish the U.S. as a global center for the crypto industry. However, an ethics dispute over Trump’s personal crypto business interests remains a major hurdle for the legislation.

SpaceX stock has dropped below $140 despite FAA clearing Starship Flight 12 preparations. The stock is trading near $139, down 4%, close to its $135 IPO price. Wall Street firms remain bullish. FAA completed investigation of Flight 12 mishap, allowing preparations for Starship Flight 13. Analysts predict further upside potential.

Hyundai Motor’s U.S. and Mexican operations completed a $20,000 USDT treasury transfer in about seven minutes over the Avalanche blockchain. The pilot tested stablecoin settlement within corporate treasury operations without changing existing processes. Tether continues to expand its enterprise strategy through corporate pilots and investments in blockchain infrastructure.

Bolivia is considering recognizing Tether’s USDT as an official payment option alongside the boliviano and U.S. dollar due to a prolonged shortage of foreign currency. Local banks already support USDT services, and Tether is pursuing stronger reserve transparency. This move would make Bolivia the first Latin American nation to recognize USDT as a payment option.