
The Defend American Jobs and Protect Progress PACs reported spending more than $1.5 million on media for four House and Senate races ahead of Aug. 18 primary elections.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Backpack Exchange has listed TRON for both spot and perpetual trading, adding TRX/USD and TRX-PERP markets to its exchange lineup.
Backpack’s listing materials say the listing was announced on July 29, 2026, with TRX spot trading and perpetual contracts offering up to 10x leverage. For TRON, the listing gives traders another venue for accessing TRX markets, though it should not be overstated as a major change to global liquidity on its own.
Exchange listings matter, but not all listings are equal.
The real impact depends on volume, market-maker support, user demand, spreads, liquidity depth, and whether traders actually migrate activity to the new markets.
A spot listing gives users direct access to buy and sell TRX.
A perpetual listing adds leveraged trading, hedging, and short exposure. For many active crypto traders, perps are where the real action happens because they allow more flexible positioning without needing to hold the asset directly.
Listing both spot and perpetual markets gives an exchange a fuller TRX trading stack.
That can help traders move between spot exposure and derivatives positioning without leaving the platform.
For TRON, it adds another venue where market participants can express views on the asset.
TRON remains one of crypto’s most important networks for stablecoin transfers, especially USDT activity.
That gives TRX a different market profile from many altcoins. Traders do not only watch TRON as a speculative Layer 1. They also watch the network’s payment and stablecoin settlement role.
Exchange access can support that broader ecosystem, but a single listing does not transform network usage by itself.
The listing is useful because it expands trading options. It does not prove a new wave of TRON adoption.
The 10x leverage detail deserves caution.
Leverage can make markets more liquid and more efficient, but it can also amplify volatility. Perpetual markets often attract short-term traders, funding-rate strategies, hedgers, and speculative flows.
If open interest builds quickly, TRX may become more sensitive to liquidation cascades or crowded positioning on that venue.
That does not mean the listing is bad. It just means derivatives markets create a different risk environment than spot-only trading.
Users should understand that perpetual contracts are not simple token purchases.
For Backpack, adding TRX expands its market coverage.
Exchanges compete by listing assets traders want, building reliable execution, attracting liquidity providers, and offering products across spot and derivatives. TRX is a logical addition because it is a large, liquid asset with an active global user base.
The question is whether Backpack can attract meaningful volume.
Listing the market is step one. Depth and sustained activity are what determine importance.
The measured takeaway is that TRX now has spot and perpetual markets on Backpack Exchange.
That gives traders another route into the asset and expands product availability. It may support liquidity at the margin, but it should not be framed as a major adoption milestone unless volume data later supports that.
For TRON, the bigger story remains its stablecoin-transfer footprint and network utility.
For Backpack, the listing adds another recognizable asset to its exchange stack.
This article is based on Backpack Exchange listing materials for TRX spot and perpetual markets.
This article was written by the News Desk and edited by Samuel Rae.
This report is based on information released in disclosures at primary source documentation.
A proposed XRP Ledger amendment known as XLS-68 could let sponsors cover transaction fees and reserves for other users, making it possible for some wallet interactions to happen without the end user directly holding XRP.
The feature, included in the xrpld v3.3.0 amendment bundle, is part of a broader move toward fee abstraction and smoother user onboarding.
That does not mean XRP demand will definitely fall.
It means some users may be able to interact with applications while another party handles fees and reserves behind the scenes. For apps and wallets, that can make the user experience much simpler. For XRP holders, it raises a more nuanced debate about how fee abstraction affects native-token visibility.
Most blockchains require users to hold the native asset for transaction fees.
That makes sense at the protocol level, but it creates onboarding friction. A new user may receive a stablecoin or token but still need XRP to move it. That adds an extra step, and every extra step loses users.
Fee sponsorship tries to solve that.
An app, wallet, exchange, business, or other sponsor can cover the fee and reserve requirements, letting the end user interact more smoothly.
This is common in broader crypto UX thinking. Many networks are trying to make blockchain fees less visible to mainstream users.
If sponsored fees work well, XRP may become less visible in some user journeys.
A person using an app may not need to think about acquiring XRP first. The app handles it. That can be good for adoption because it reduces friction, especially for consumer or enterprise products.
But it also changes how users perceive the native asset.
If users no longer directly hold XRP for every interaction, some traders may wonder whether fee demand weakens. That is the debate around the amendment.
The answer is not simple.
Sponsors still need a way to fund fees and reserves. Network activity still depends on the ledger’s economics. The question is who holds and spends XRP, not whether the network stops needing it entirely.
There is another side to the demand argument.
If sponsored fees make XRPL easier to use, the network may attract more applications and transactions. More users may interact with apps if they do not need to manage XRP directly on day one.
That could offset reduced user-facing fee friction.
In other words, XRP might become less visible per user but support more total activity if onboarding improves.
That is why it is too simplistic to say sponsored fees are bearish or bullish.
The real effect depends on adoption, sponsor behavior, transaction volume, reserve mechanics, and how apps implement the feature.
Fee abstraction is especially relevant for enterprise and consumer-facing products.
A bank, fintech, gaming app, payment company, or stablecoin issuer may not want users dealing with native-token balances just to complete basic actions. Sponsored fees let those companies hide some blockchain complexity while still using XRPL underneath.
That can make the ledger more attractive for tokenized asset or payment flows.
But again, this only matters if the amendment activates and builders use it.
A proposed feature is not adoption. It is infrastructure that may enable adoption.
The next step is validator support.
Like other XRPL amendments, XLS-68 needs the required consensus threshold before activation. Until then, it remains a proposal in the release path, not a live feature reshaping user behavior.
If activated, the market can then watch how wallets and apps integrate it.
For now, the sponsored fees proposal is best understood as a UX and fee-abstraction story.
It may reduce the need for some users to hold XRP directly, but it could also make XRPL easier to use and expand application activity. The impact depends on what builders do next.
This article is based on XRP Ledger amendment materials related to XLS-68 sponsored fees and reserves.
This article was written by the News Desk and edited by Samuel Rae.
This report is based on information released in disclosures at primary source documentation.
Bitcoin and Ethereum edged higher into July 31, while a small shift in market dominance suggested traders were again watching whether capital was rotating toward major altcoins.
The validated notes show Bitcoin rising 0.29% to about $64,145.86, while Ethereum traded around the $1,890 to $1,920 range, briefly dipping below $1,900 before recovering. At the same time, BTC and ETH dominance slipped slightly, pointing to a modest move into other crypto assets.
That is not enough to declare “altseason,” and it would be lazy to pretend otherwise.
But it is enough to say the market is becoming more selective. Bitcoin and Ethereum remain the anchors, while traders are scanning altcoins for relative strength, fresh narratives, and clearer catalysts.
For more details, visit the official Coinmarketcap platform.
Crypto traders love simple market-cycle labels.
Bitcoin season. Ethereum season. Altseason. Meme season. DeFi season. ETF season.
The reality is usually much messier. Capital rotates in stages, not all at once. Large caps may move first, then higher-quality altcoins, then more speculative assets. Sometimes rotation lasts days. Sometimes it fades quickly. Sometimes it is only a pause in Bitcoin dominance before BTC takes control again.
That is why the current market deserves a careful read.
Bitcoin and Ethereum are still holding the center. A slight dominance dip does not mean traders have abandoned them. It may simply mean that some capital is searching for better short-term setups elsewhere.
That can happen even while BTC and ETH move higher.
Bitcoin remains the first asset most traders watch.
When BTC is stable or rising gently, risk appetite often improves. Traders may become more comfortable moving into Ethereum, Solana, XRP, BNB, Chainlink, Sui, or other large-cap altcoins. When Bitcoin drops sharply, that appetite can vanish quickly.
So a modest BTC gain can create room for altcoin movement.
That does not make Bitcoin irrelevant. It makes Bitcoin the weather system the rest of crypto trades under.
At around $64,000, Bitcoin’s position is still strong enough to keep market confidence alive, but not necessarily explosive enough to absorb all attention. That can create the conditions for selective altcoin bids.
Ethereum’s position is a little more complicated.
ETH remains the largest smart-contract asset and a major institutional focus, but its market narrative now involves Layer 2s, ETF flows, stablecoins, DeFi revenue, mainnet fees, and competition from faster chains.
When Ethereum trades near $1,900, the market does not just ask whether ETH is rising. It asks whether Ethereum’s broader ecosystem is attracting capital.
If ETH stabilizes, some traders may look further down the ecosystem stack: Uniswap, Aave, ENS, Layer 2s, liquid staking, and other DeFi or infrastructure names. That is how Ethereum strength can sometimes spill into altcoins.
But again, that spillover is not automatic.
ETH can rise without DeFi tokens following. DeFi tokens can rally while ETH stalls. Rotation is never as clean as traders want it to be.
The biggest difference from earlier cycles is selectivity.
In older bull phases, almost everything could move once traders decided risk was back. Now, the market is more fragmented. Liquidity is thinner in many assets. Investors are more sensitive to token unlocks, revenue, governance, emissions, legal risk, and actual usage.
That means altcoin rotation may favor stronger narratives rather than every token.
Real-world assets, stablecoin infrastructure, DeFi fee switches, AI compute, exchange-linked tokens, and major ecosystem upgrades may attract more attention than generic price charts.
This is healthier, even if it feels less euphoric.
A market where traders ask “what is the catalyst?” is more mature than one where every ticker moves simply because Bitcoin paused.
The next useful signal is dominance.
If BTC and ETH keep rising while dominance continues to slip, that suggests broader participation. If dominance rebounds sharply, altcoin strength may fade. If BTC rolls over, most altcoins will likely struggle regardless of their individual setups.
So the right read is cautious optimism.
Bitcoin and Ethereum are steady enough to support risk appetite, and there are signs of selective rotation. But the market has not given enough evidence for a sweeping altseason call.
For now, traders are looking beyond the two largest assets, but they are not ignoring them.
That balance may define the next phase of the market.
This article is based on July 31 public crypto market data covering BTC, ETH, and market dominance.
This article was written by the News Desk and edited by Samuel Rae.
NEAR has launched a staking-based payment model for NEAR AI, giving users a way to lock NEAR tokens and receive monthly compute credits instead of paying through traditional cloud billing or credit-card rails.
According to the validated notes, the system gives users access to 43 hosted AI models, including models from OpenAI, Anthropic, and Google. The key detail is that tokens are not consumed. Users lock NEAR and receive compute credits proportional to their stake size.
That makes this more interesting than a simple payment integration.
NEAR is trying to tie token utility directly to AI usage. Instead of asking users to buy a token for speculative reasons, the model gives the token a role in accessing compute.
The question is whether users will actually adopt it at scale. But as a design direction, it is worth watching.
For more details, visit the official Near platform.
AI usage has a very real payment problem.
Users and developers often pay through cloud accounts, credit cards, subscriptions, invoices, or platform credits. That works fine in traditional software, but it does not map neatly to autonomous agents, crypto-native users, or applications that want programmable access without conventional billing.
NEAR’s model tries to solve that by using staking as the payment layer.
Instead of spending tokens directly, users lock them. The locked stake determines monthly compute credits. That creates a different relationship between token ownership and product access.
The user is not simply paying a fee. They are committing capital to the network and receiving AI compute access as a benefit.
That could make sense for developers, agent builders, or users who already hold NEAR and want a reason to use it beyond staking yield or governance.
The fact that tokens are not consumed is important.
If the model required users to spend NEAR every time they used an AI model, it would look more like a normal pay-per-use system. Locking tokens changes the economics because users retain ownership while receiving credits.
That may make the system feel less expensive for users, though there is still an opportunity cost. Locked tokens cannot be freely used elsewhere while committed, and their market value can move.
The model therefore resembles a membership or access system backed by staking.
That is a different kind of token utility, and crypto networks have spent years searching for utility models that do not rely only on speculation or inflationary rewards.
The autonomous-agent angle is where this gets more forward-looking.
If AI agents are going to operate independently, call models, use tools, pay for services, and make decisions in software environments, they need payment rails that are programmable. Traditional billing can work for human-managed accounts, but it becomes clunky when software agents are expected to act continuously.
Crypto rails may be useful there.
A staking-based compute model could let an agent or developer environment access AI resources based on locked capital rather than repeated card payments or centralized credentials.
That is still early. There are many open questions around permissions, safety, abuse controls, cost predictability, and user experience. But the direction fits NEAR’s broader focus on AI and agent infrastructure.
The caution is simple: launch is not the same as adoption.
NEAR may have a clever compute-credit model, but the market still needs to show whether users prefer it. Developers will compare it with direct API billing, cloud credits, open-source models, enterprise contracts, and other crypto-native compute markets.
The model also needs to be clear.
How many credits does a given stake generate?
Which models are available at what cost?
How predictable are credits over time?
Can teams build around it without worrying about token volatility?
Does the system attract users who were not already in the NEAR ecosystem?
Those questions will determine whether this becomes a real use case or a niche experiment.
What makes the NEAR AI payment model interesting is that it gives the token a practical role.
Crypto has often struggled to explain why a token needs to exist beyond governance, gas, staking, or incentives. Linking token staking to AI compute access gives NEAR a more concrete utility narrative.
That does not guarantee success. But it is more useful than vague AI branding.
If users can lock NEAR and receive compute credits for models they actually use, then the token becomes part of a product loop. That is exactly what many networks are trying to build: token demand connected to real usage rather than just market cycles.
NEAR’s staking-based compute payments are still early, but they point toward a crypto-AI model that is more practical than most of the hype around the sector.
This article is based on NEAR AI materials describing staking-based compute credits and model access.
This article was written by the News Desk and edited by Samuel Rae.
Analyst Crypto Patel said on August 6 that Lido DAO’s LDO token could recover more than 1,700% after falling nearly 94% from its previous all-time high.
The market watcher believes LDO is sitting in a high-risk accumulation zone but warned that the token’s bearish structure remains intact until it reclaims major resistance levels.
Crypto Patel’s analysis on X placed LDO inside a long-term demand area after its decline from the previous cycle peak near $4.
“Everyone Forgot About $LDO After A -94% Crash,” he wrote. “The Long-Term Recovery Potential From Here Could Exceed 1,700%.”
The token is currently trading around $0.29, close to the analyst’s proposed accumulation zone between $0.275 and $0.24.
He said that LDO is still inside a multi-year descending channel, with price action still showing lower highs and lower lows. A weekly close below $0.23 would invalidate the current setup, while a move above $0.47 would be needed to signal a possible trend change.
The token’s recent weakness has been linked to concerns around Ethereum’s proposed EIP-8361. Developer Jerome de Tychey said on August 5 that the proposal aims to prevent staking from rising without limits.
Analyst Ted Pillows suggested that LDO’s decline was likely connected to fears that lower ETH fstaking rewards could reduce demand for liquid staking tokens such as stETH.
“$LDO is selling off because of concerns around Ethereum’s EIP-8361 proposal,” Pillows wrote on X.
He added that the proposal is still an early draft and has a long process before any possible implementation.
Lido has also had to deal with changing conditions across Ethereum staking. As CryptoPotato reported last month, the platform started moving around $16 billion worth of staked ETH onto larger post-Pectra validators, with the idea being that Lido’s curated node operators stop running thousands of identical 32 ETH validators and collapse them into fewer, bigger ones.
LDO is currently about 25% above the $0.235 low it hit on June 25, a level that replaced its previous floor and now marks the bottom of its five-year trading history since launching in 2021 at an all-time high near $7.30.
In the last seven days, it has fallen close to 18% and is down roughly 27% over the past two weeks, according to CoinGecko. Furthermore, trading volume sits near $50 million, down 43% from the previous day.
The bullish case hinges on LDO reclaiming $0.47 on a weekly closing basis, a level that flipped from support to resistance after a breakdown in 2024. From there, Crypto Patel maps out targets at $1.50, $2.50, and eventually back toward the token’s old cycle high near $4, the move that would produce the kind of gain he’s describing. He points to Lido’s continued lead in Ethereum liquid staking and the shrinking token supply left to unlock as reasons the setup could work if ETH climbs back above $3,000.
The post Analyst Predicts 1,700% LDO Rally From Long-Term Support appeared first on CryptoPotato.
PEPE recorded a net exchange outflow of 4.54 trillion tokens in a single day, which was the meme coin’s largest daily outflow from exchanges since November 14, 2024.
Fewer tokens on exchanges mean less immediate selling pressure.
According to the latest findings by Santiment, PEPE has traded mostly sideways over the past two months. Recent market commentary has focused on meme coin rotation, weak funding, and support level testing instead of any major project-specific catalyst.
The analytics firm explained that when a relatively quiet meme coin sees tokens leave exchanges while trader interest remains muted, bullish holders may view it as supply moving into stronger hands before attention returns.
Additionally, PEPE continues to rank among Ethereum’s largest meme coins by holder count, according to data cited by BSCN. 571,613 wallet addresses currently hold the token. It trails just behind Shiba Inu, which happens to be the largest meme coin on Ethereum by holder count. In fact, SHIB is held by 1,678,653 unique wallet addresses.
Institutional interest has also emerged. Canary Capital filed a Form S-1 with the US Securities and Exchange Commission to launch a spot ETF linked to the asset in April. The proposed fund, called the Canary PEPE ETF, would track the token’s live market price. The filing stated,
“PEPE has no identified blockchain-based utility beyond its branding and association with meme culture, and its market value is primarily driven by cultural relevance and online community sentiment. There is no assurance that interest in or demand for PEPE will continue to grow or be sustained.”
Some market watchers see more upside ahead. Crypto analyst Rafaela Rigo, for instance, projected that the asset could deliver a 3x to 5x return in the next bull cycle. The trader marked a target near $0.0000143, which represents a gain of about 400% from the current level of $0.0000028.
Meme coins, meanwhile, continue to divide opinion across the crypto market. Last month, veteran crypto trader Ogle warned that these assets with limited liquidity can unravel within minutes if just a handful of large holders decide to sell.
Citing the recent price action in CASHCAT, Ogle said many traders often mistake unrealized gains for locked-in profits. He added that thin liquidity, concentrated ownership, and leveraged trading can quickly turn sharp rallies into steep declines, particularly after perpetual futures listings amplify volatility and trigger liquidations.
The post PEPE Supply on Exchanges Just Took a Massive Hit – What’s Next? appeared first on CryptoPotato.
The United States and the United Kingdom have announced a formal joint digital asset framework, marking the most significant transatlantic regulatory alignment effort in crypto history and a boost to regulation for stablecoins.
The plan targets stablecoins, tokenized securities, and cross-border capital markets, sending a clear signal that the world’s two largest English-speaking financial centers are moving in the same direction.
This news comes as the crypto market is up +1.6% over the past 24 hours, with the total market cap sitting at $2.29 trillion, up from $2.27 trillion yesterday. Daily trading volume is at $55.1Bn.
UK and U.S. deepen regulatory cooperation on stablecoins and digital assets
The 13th official meeting of the UK-U.S. Financial Regulatory Working Group (FRWG) was hosted by His Majesty’s Treasury (@hmtreasury) in London on July 8, 2026.
Senior officials from HM… pic.twitter.com/nxUSBIClMY
— The British Blockchain Association (@Brit_blockchain) August 5, 2026
The framework is the first major output of the Transatlantic Taskforce for Markets of the Future, established by UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent during President Trump’s state visit to the UK in September 2025.
The taskforce was given a six-month mandate to align digital asset and capital-markets policy and reduce regulatory fragmentation between New York and London.
The resulting roadmap covers several interconnected areas: treatment of fully backed payment stablecoins, tokenized asset settlement finality, cross-border capital raising, and collateral eligibility for tokenized instruments.
Key regulators named to implement the recommendations include the Bank of England, the UK Financial Conduct Authority (FCA), the US Securities and Exchange Commission (SEC), and the US Commodity Futures Trading Commission (CFTC) – the agency that oversees derivatives and commodity markets in the US.
One notable recommendation calls for a technology-neutral review of Basel Committee standards, the international banking rules that set how much capital banks must hold against risky assets, specifically as they apply to crypto exposures and tokenized assets. That signals coordinated US-UK pressure to update global prudential rules, not just domestic ones.

(SOURCE: CoinGecko)

The roadmap calls for a private sector-led group to run approximately a one-year pilot program testing cross-border tokenization use cases, including tokenized securities and money market funds. The goal is to surface operational, legal, and settlement frictions before regulators write binding rules around them – a relatively pragmatic sequencing choice.
Progress on implementation will be monitored through the existing UK-US Financial Regulatory Working Group, an established bilateral channel that predates the taskforce. That means there is already infrastructure in place to translate these non-binding recommendations into concrete regulatory actions.
For traders watching the US legislative side, this international alignment arrives as domestic crypto legislation remains contested. The CLARITY Act, which would establish a clearer US framework for digital asset market structure, has faced procedural hurdles in the Senate, making the bilateral approach a parallel track rather than a replacement for domestic legislation.
US Briefs UK On GENIUS Act Stablecoin Rollout
The US and UK reaffirmed closer financial regulatory cooperation at the 13th UK-US Financial Regulatory Working Group meeting.
Officials met in London on July 8 to discuss stablecoins, digital asset market structure and… pic.twitter.com/ganU62IvL9
— BSCN (@BSCNews) August 5, 2026
The practical significance lies not in immediate legal changes, but in reducing long-term policy uncertainty for firms developing stablecoin and tokenization infrastructure. Global companies face overlapping licensing and disclosure requirements in different jurisdictions.
The UK is leveraging this alignment to enhance its competitiveness by simplifying digital asset operations between the US and UK, attracting exchanges and stablecoin issuers.
Institutional support for regulatory clarity is gaining traction, with major asset managers like BlackRock advocating for clearer US frameworks. A joint US-UK approach on stablecoins boosts confidence for firms to invest across both regions without waiting for all domestic regulations to finalize.
Over the next year, key developments will emerge, including consultations on rule changes, an industry pilot program to address cross-border issues, and the implementation of UK stablecoin legislation, paving the way for potential mutual recognition of regulations.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
The post Transatlantic Crypto Framework: What the US-UK Stablecoin Deal Means for Markets appeared first on 99Bitcoins.
Two things happened in CLARITY Act crypto regulation this week that point in opposite directions, and understanding both is essential to reading where policy risk sits in your portfolio right now.
On August 4, the US Department of the Treasury published a joint statement with the United Kingdom outlining an expanded transatlantic digital asset framework covering stablecoins, tokenization, payments, and artificial intelligence.
Meanwhile, back in Washington, the CLARITY Act, the landmark domestic bill that would establish the first comprehensive federal framework for crypto market structure, is stalled in the Senate with the chamber’s August recess hours away.
This latest CLARITY Act news comes as the broader crypto market cap surged by 1.5% overnight, with the total market cap at $2.29 trillion. Daily trading volume is at $55.1Bn.
The joint statement summarizes the discussions from the UK-US Financial Regulatory Working Group (FRWG) meeting held on July 8 in London. Key representatives included officials from both countries’ Treasury departments, the Bank of England, the Federal Reserve, and various regulatory bodies.
A major focus was on stablecoins, which are digital assets designed to maintain a stable value. The parties committed to establishing comparable standards for stablecoin reserves, specifically requiring high-quality, liquid assets that are at least one-to-one with the issued stablecoins. US officials discussed the GENIUS Act, a stablecoin law enacted in July 2025, for which the FDIC is proposing regulations, including reserves and redemption practices.
On tokenization, the UK is developing a unified approach for tokenized wholesale markets, with a 54-company task force, including BlackRock and JPMorgan, exploring commercial applications. Christopher Woolard CBE was appointed as the UK’s Wholesale Digital Markets Champion, and a follow-up meeting is planned for early 2027.
The GENIUS Act authorizes the US Treasury Secretary to enter into reciprocal arrangements with jurisdictions that meet comparable stablecoin standards, underscoring the significance of this alignment discussion.

(SOURCE: Kalshi)
The GENIUS Act addresses stablecoins, while the CLARITY Act, or Digital Asset Market Clarity Act, aims to define digital assets as commodities or securities and expand the CFTC’s jurisdiction over digital commodities. However, progress on the CLARITY Act has stalled.
As of August 5, Senate Majority Leader John Thune had not filed a necessary cloture vote before the Senate’s monthlong recess. A Democratic staffer noted that three key issues are hindering support: ethics provisions regarding Trump’s crypto interests, illicit finance protections, and disagreements with the Senate Agriculture Committee’s competing text.
No Clarity Act voting scheduled until Friday.
Senator Cynthia Lummis says voting could even happen on weekends.
Are we getting the Clarity Act or not?
— Ted (@TedPillows) August 6, 2026
The ethics debate focuses on the extent of restrictions on public officials and their family members. Trump’s previous proposal, which aimed to limit coverage, was rejected by Democrats. Analysts suggest the Senate may be ten votes short of the 60 needed for cloture, with Senator Elizabeth Warren likely to object to expedited procedures.
Despite this, the staffer indicated that the bill could still advance in September if ethics language is strengthened, emphasizing a desire for bipartisan support. Missing the pre-recess window could further complicate legislation, especially as midterm elections approach.
EXPLORE: Best Crypto Presales With Asymmetric Upside in the Current Market
The post Senate Stall Meets Transatlantic Deal: Crypto Regulation’s Divided Week appeared first on 99Bitcoins.
The U.S. dollar's continued dominance may reduce gold's appeal as a safe-haven asset, influencing future market dynamics and pricing.
The post Fed’s Musalem sees no threat to US dollar’s status as top reserve currency appeared first on Crypto Briefing.
The Coldcard hack highlights the urgent need for regulatory standards in hardware wallet security to protect investors and maintain trust.
The post Coinkite declines to estimate Bitcoin loss from $130M Coldcard hack appeared first on Crypto Briefing.
Rarible has launched its NFT marketplace on Solana after months of development, naming Claynosaurz as its first featured collection. Rarible expands its marketplace to Solana Rarible announced the launch on Thursday, marking its latest expansion beyond the blockchain networks already…
Michael Saylor said ChatGPT helped him design the preferred stock financing model that enabled Strategy to raise about $15 billion for its Bitcoin-focused balance sheet. ChatGPT helped shape Strategy’s financing plan Strategy Executive Chairman Michael Saylor said he used ChatGPT…
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A lei cria um mercado supervisionado pelo banco central, mas as criptomoedas continuam proibidas para pagamentos cotidianos O post Putin sanciona primeira lei sobre criptomoedas da Rússia apareceu primeiro em Portal do Bitcoin.
Bitmine Chairman Tom Lee warned that bitcoin lacks consensus on how to address future quantum-computing threats, unlike other rival networks. His remarks reignited debate over upgrade proposals, vulnerable legacy wallets and whether the danger is being overstated. Tom Lee...
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Glamsterdam is a planned Ethereum network upgrade (hard fork) that bundles together several Ethereum Improvement Proposals (EIPs). Rather than introducing a single revolutionary feature, it focuses on incremental improvements that optimize network performance, transaction efficiency, and validator operations.
Ethereum’s development philosophy emphasizes continuous improvements instead of one-time overhauls. Glamsterdam follows this approach by refining existing systems while preparing the network for future innovations.
Ethereum processes millions of transactions and supports thousands of decentralized applications (dApps). As adoption grows, the network must continuously improve to address challenges such as:
Each network upgrade builds on previous improvements to keep Ethereum competitive while maintaining decentralization.
One of Glamsterdam’s primary objectives is optimizing how Ethereum processes transactions and executes smart contracts. Even modest efficiency gains can reduce network load and improve user experience during periods of high activity.
Ethereum’s long-term scaling strategy relies heavily on Layer-2 solutions such as Optimism, Arbitrum, Base, and zk-rollups. Glamsterdam is expected to further support this ecosystem by making Layer-2 integrations more efficient and cost-effective.
Protocol optimizations may reduce unnecessary computation and improve resource utilization, helping validators and developers operate more efficiently.
Ethereum developers benefit from protocol improvements that simplify smart contract development, increase reliability, and reduce unexpected execution costs.
For everyday ETH holders, the Glamsterdam upgrade is expected to be seamless.
Users generally will not need to:
Wallet providers, exchanges, and infrastructure services typically handle the technical changes automatically.
Validators help secure Ethereum through Proof of Stake. Glamsterdam may introduce protocol refinements that improve validator performance and optimize how the network processes blocks and transactions.
These improvements strengthen network stability without changing Ethereum’s fundamental consensus mechanism.
Developers building decentralized applications may benefit from:
As Ethereum continues growing, these improvements make it easier to build scalable applications.
Ethereum’s scaling roadmap increasingly depends on Layer-2 networks.
Rather than processing every transaction directly on Ethereum’s main chain, Layer-2 solutions handle most activity off-chain while settling their final state on Ethereum.
Glamsterdam supports this vision by improving the underlying protocol, making Ethereum a stronger settlement layer for the expanding Layer-2 ecosystem.
Network upgrades often generate excitement within the crypto community, but protocol improvements do not automatically translate into immediate price appreciation.
The long-term impact depends on factors such as:
Historically, successful upgrades have strengthened Ethereum’s fundamentals, although short-term market reactions have varied.
Every Ethereum upgrade undergoes extensive testing before deployment. Developers use public testnets, multiple independent client implementations, and security audits to minimize risks before activation on the mainnet.
This cautious development process has become one of Ethereum’s defining strengths.
The Glamsterdam upgrade reflects Ethereum’s philosophy of continuous improvement. Instead of relying on dramatic changes, Ethereum advances through carefully tested upgrades that steadily improve scalability, efficiency, and security.
As decentralized finance, tokenization, gaming, artificial intelligence, and real-world assets continue expanding on Ethereum, upgrades like Glamsterdam help ensure the network can support the next generation of blockchain applications.
The Glamsterdam upgrade is another important milestone in Ethereum’s long-term roadmap. While users may not notice dramatic changes immediately, the upgrade is expected to strengthen the network’s infrastructure, improve efficiency, support Layer-2 growth, and enhance the developer experience.
Ethereum’s evolution is a marathon rather than a sprint. Each upgrade brings the ecosystem closer to its goal of becoming the world’s most secure, decentralized, and scalable smart contract platform, laying the foundation for broader adoption in the years ahead.

Bitcoin has spent the last few days consolidating after recovering from recent lows, with price action centered around the $62,000–$64,000 range. While volatility remains relatively contained, traders are closely watching whether Bitcoin can build enough momentum to extend its recovery toward the next resistance levels. (The Economic Times)
One of the most encouraging developments has been Bitcoin’s ability to defend important technical support. After several successful retests of the support zone, buyers have repeatedly stepped in, preventing a deeper decline. This suggests that demand is gradually returning, although a decisive breakout above nearby resistance is still required to confirm a stronger bullish trend.
Institutional activity has also attracted attention over the past few days. Strategy (formerly MicroStrategy) continued strengthening its balance sheet by increasing its cash reserves to approximately $4 billion, while maintaining one of the world’s largest corporate Bitcoin holdings with more than 842,000 BTC. The company has focused on improving liquidity rather than making additional Bitcoin purchases, reflecting a more defensive capital management strategy during the current market environment. (The Wall Street Journal)
The broader macro backdrop remains mixed. Falling oil prices have eased inflation concerns and provided some support for risk assets. However, higher Treasury yields and cautious institutional positioning continue to limit Bitcoin’s upside momentum. As a result, the cryptocurrency has struggled to sustain rallies despite improving sentiment across traditional financial markets. (The Economic Times)
Market participants are also closely monitoring capital flows into spot Bitcoin ETFs. Although inflows have improved compared with the heavy selling seen earlier this summer, overall demand remains inconsistent. Analysts believe a sustained return of institutional inflows would significantly strengthen Bitcoin’s recovery prospects. (SatsIntel)
Looking ahead, the coming trading sessions could prove decisive. If Bitcoin continues holding above its recent support while breaking through nearby resistance, bullish momentum may accelerate. On the other hand, failure to attract stronger buying volume could keep the market locked in a consolidation phase before the next major move.
Overall, Bitcoin’s short-term structure has improved compared with previous weeks, but confirmation of a new uptrend will likely require stronger institutional demand, higher trading volume, and a successful breakout above key resistance levels.
The new report maps the illicit and legitimate uses of crypto privacy tools, drawing on data from TRM Labs, Chainalysis, the RAND Corporation, the United Nations Office on Drugs and Crime (UNODC), Statista, and U.S. Treasury Department disclosures. It argues that the current regulatory focus is aimed at the wrong layer of the transaction stack.
In early 2026, Polygon Labs announced $250 million in acquisitions of Coinme and Sequence to expand its stablecoin payments infrastructure. Coinme provides licensed US fiat on- and off-ramps with a nationwide retail footprint, while Sequence adds enterprise wallet infrastructure and one-click cross-chain transaction capabilities. Together, these additions strengthen Polygon’s position in regulated, production-grade stablecoin payments.
Caroline Crenshaw’s departure from the SEC on January 2 marks a turning point for crypto regulation in Washington. The longtime cryptocurrency skeptic’s exit leaves the commission operating under a 3-0 Republican majority—a historic shift that clears the way for Paul Atkins’ pro-innovation agenda to move forward without meaningful internal opposition.
Crenshaw spent over a decade at SEC agency, consistently raising concerns about cryptocurrencies, digital assets and investor protection.
Her exit coincides with the broader regulatory reorganization under the Trump administration, which has explicitly positioned itself to make the U.S. the “crypto capital of the world.”
The commission now operates with fewer members than authorized, as Trump hasn’t yet filled the vacant seats—a strategic pause that effectively gives the Republican-majority commissioners free rein on policy.
The timing couldn’t be sharper. SEC Chair Paul Atkins has already signaled plans to introduce an “innovation exemption” that would let crypto startups test new products under lighter regulatory requirements, provided they meet basic consumer protections. [3][7] That proposal was expected within 30 days of December 2, meaning it could arrive any moment. With Crenshaw gone, there’s no institutional voice pushing back on the exemption’s scope or implementation details.
The broader regulatory picture is also shifting. The Senate is scheduled to hold hearings in January on the CLARITY Act—landmark legislation designed to end years of turf warfare between the SEC and CFTC by clearly dividing jurisdiction over different crypto products. [3][7] White House crypto adviser David Sacks said in December the bill is “closer to passage than at any point in the past.” [3] These aren’t minor procedural tweaks. They represent a fundamental reordering of how Washington approaches digital assets.
The real action starts immediately. Watch for the innovation exemption announcement—it could drop with minimal fanfare. Then track the Senate hearings on CLARITY in January. If that bill moves to a floor vote and passes, the crypto industry will have concrete answers about regulatory jurisdiction for the first time in years. Markets have been pricing in regulatory clarity for months. Crenshaw’s departure removes one of the last obstacles to delivering on it.
The post SEC’s Pro-Crypto Shift Accelerates as Key Skeptic Crenshaw Exits appeared first on The Coins Post.
PEPE just ripped 26% higher on January 2, hitting $0.000005106 as trading volume exploded past $800 million.
That’s no thin pump—retail’s back, Robinhood holders sitting on 8.3% of supply, and a Hyperliquid whale named James Wynn dropped a bombshell prediction: $69 billion market cap by end-2026. If you’re trading memes, this is your wake-up call. Why now? New year FOMO meets bold calls in a market where BTC chills at $88k.

PEPE’s ERC-20 on Ethereum. No fancy DeFi twist here—just pure meme liquidity. Volume spiked 370-400% in 24 hours, open interest jumped 82% to $446.5 million on derivatives. RSI hit 67, screaming bullish momentum after breaking $0.0000042 resistance.
Whales aren’t dumping. That official “We ride at dawn” tweet lit socials on fire—crypto Twitter’s buzzing. Supply’s fixed at 420.69 trillion tokens. If Wynn’s right, that’s $0.000164 per PEPE. Math checks out. But Ethereum gas? Still a killer for small trades.
Total crypto cap up 1.07% to $2.99T. BTC +1.21% at $88,765, dominance slipping to 59.22%—alts eating its lunch. PEPE led top gainers, outpacing Story (+25%) and Mog. Volumes hit $164B market-wide. No massive liqs reported, but meme sector OI surging means leveraged degens are in.
BTC’s post-halving year ended red for first time ever—down 6% in 2025 despite $126k ATH. ETFs pulled $348M, but macro liquidity rules now. PEPE doesn’t care—it’s riding retail hype while big boys consolidate.
James Wynn, that Hyperliquid ser, straight-up said PEPE hits top meme status like SHIB did last cycle—if bull market holds. “We ride at dawn” from @pepe went viral. Community’s pumping: “PEPE to the moon” threads everywhere. No official team—it’s anon dev vibes.
Exchanges? Volumes exploding on Binance, MEXC. No rugs spotted. Traders on X calling for $0.000026 ATH retest. Sarcasm alert: Great timing for memes while BTC whales accumulate quietly. Holders care about flips, not halving myths.
But is this sustainable? Meme pumps fade fast.
Don’t get rekt. PEPE’s been rugged before—no premine, but watch whale wallets. Use hardware for big bags; software wallets fine for sub-$1k. Check Etherscan for suspicious transfers. Avoid leverage over 5x—OI spike means liqs incoming on pullbacks.
Actionable: Set stops below $0.0000042. DCA if you believe Wynn. DYOR on Hyperliquid perps for leverage without CEX KYC. Phishing’s rampant post-pumps—double-check links. If you’re aping memes, keep it under 5% portfolio. Skin in the game matters, but don’t YOLO rent money.
$0.000005 close today flips structure fully bullish. Watch BTC dominance drop—alts feast. Wynn’s $69B? Ballsy. If ETH L2s cut fees, PEPE volumes could 10x. Macro: Fed liquidity print January 2nd might juice risk assets.
Pullback to $0.0000045? Buy dip. Break $0.000006? Targets $0.00001 easy. Meme season back? You tell me. Trade smart—2026’s rewriting rules.
The post PEPE Explodes 26% in 24 Hours—James Wynn Calls $69B Market Cap by Year-End, Meme Degens Pile In appeared first on The Coins Post.
Microsoft has uncovered a new malware campaign that abuses the BNB Smart Chain to make malicious infrastructure more resilient.
A well-known German Bitcoin developer has revealed that fears over self-custody security kept him from buying more BTC.

A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZero-to-Chainlink moves now totaling $14.5 billion.

Crypto Watchdog has taken to warning people in DC about the hazards of digital assets, and its director won’t say who is backing it.
Whales are continuing to accumulate Bitcoin, Ether and XRP while broader market sentiment remains subdued, according to new onchain analysis that points to conditions typically seen during the closing stages of a bear market. Even so, analysts caution that another downward move remains possible before a definitive bottom is established.
Bitcoin has experienced sustained accumulation throughout most of 2026, with whale balances climbing from around 2.87 million BTC in December 2025 to approximately 3.06 million BTC. Buying activity intensified after Bitcoin dropped below US$60,000 (AU$85,200) in June, although total holdings are still below the previous cycle high of roughly 3.23 million BTC.
Related: Jim Cramer Says He’s Selling Bitcoin Over Quantum Computing Fears
Ether ownership is becoming increasingly concentrated among larger holders. Wallets containing between 10,000 and 100,000 ETH have lifted balances from about 14 million ETH to a record 19.6 million ETH since mid-2025, while wallets exceeding 100,000 ETH have increased holdings by around 1.8 million ETH. In contrast, wallets holding between 1,000 and 10,000 ETH have steadily reduced their positions.
XRP has also attracted continued whale interest despite trading between roughly US$1.00 and US$1.20 (AU$1.42 and AU$1.70). Average spot order sizes have remained in large-holder territory, while neutral cumulative volume delta indicates supply is being absorbed gradually rather than through aggressive market purchases.
Valuation data shows Bitcoin trading around US$64,640 (AU$91,789), above its realised price of approximately US$52,900 (AU$75,118). Ether continues to trade below its realised price of about US$2,450 (AU$3,479), while XRP remains above its own realised price, supporting the view that downside risk has eased but has not disappeared.
Related: Ethereum Researchers Propose Reward Burn to Curb Excessive Staking
The post Crypto Whales Accumulate Bitcoin, Ether and XRP as Market Nears Final Bear Phase: CryptoQuant appeared first on Crypto News Australia.
Mastercard is partnering with Borderless on a pilot designed to evaluate whether its Crypto Credential framework can improve trust and confidence in cross-border stablecoin payment flows.
The trial will explore how standardised assurance signals can be integrated into approval, compliance and risk processes, while also identifying governance mechanisms that could reduce friction in blockchain-based payments.
Borderless said compliance is one of the main barriers facing stablecoin payment providers because onboarding each new participant often requires repeating verification processes. Its chief executive said correspondent banking solved a similar challenge by allowing compliance completed at the origin to be relied upon further along the payment chain, an approach Mastercard is now applying to digital assets.
Under the pilot, Mastercard’s Crypto Credential will provide governance and verification services but will not process or settle the underlying funds.
Related: Jim Cramer Says He’s Selling Bitcoin Over Quantum Computing Fears
The first participants are Infinia, Walapay and Koywe, which will use Crypto Credential assurance signals across Borderless’ network under a single-audit compliance model operating at network scale.
Borderless says it links wallet infrastructure with more than 15 licensed stablecoin providers spanning over 100 countries.
The announcement comes after Mastercard completed its acquisition of stablecoin infrastructure company BVNK for US$1.8 billion (AU$2.56 billion), including an initial US$1.5 billion (AU$2.13 billion) and up to US$300 million (AU$426 million) subject to performance.
Mastercard has also broadened regulated stablecoin settlement capabilities and launched its Crypto Partner Program to support cross-border remittances, settlement and payout applications.
Related: Coldcard Exploit Expands as Attackers Steal Up to $130M in Bitcoin
The post Mastercard, Borderless Pilot Crypto Credential Framework for Cross-Border Stablecoin Payments appeared first on Crypto News Australia.
Circle's Q2 report reveals rising revenue but declining profits amid shifting interest rates and strong competition in the stablecoin market.
The post Circle shrugs off stablecoin profit fall, preps launch of Arc mainnet appeared first on CoinGeek.
Tokenized finance takes center stage at the recent London Blockchain Finance Summit, emphasizing RWA adoption and regulatory clarity.
The post London Blockchain Finance Summit: Tokenized finance advances appeared first on CoinGeek.
Fear remained elevated while traders quietly returned to perpetual markets.
ONDO defended key support as whale transfers and seller-dominant order flow tested bullish conviction.
The financial regulator subscribed to a global flight database covering more than a billion tickets to monitor activity.
Tokyo has asked Washington to stop meme-posting Mario, Pokémon, and Naruto without permission in a clash between meme-heavy statecraft and strict IP norms.
Next Technology Holding Inc. (Nasdaq: NXTT) will turn every 100 shares into one at 12:01 a.m. ET on Aug. 10, 2026. Nasdaq trading is expected to open on a split-adjusted basis that morning. The Aug. 5 filing projects the outstanding count will fall from approximately 147,296,192 shares to approximately 1,472,962.
This is the company’s second reverse split in less than 11 months. Its 1-for-200 action took effect on Sept. 16, 2025, cutting approximately 566.3 million shares to a later audited count of 2,862,556. The contemporaneous filing projected 2,831,326 shares. An interim quarterly report later listed 2,865,730. The filings leave those small differences unreconciled.
New shares began arriving weeks later. Equity-plan grants added 2.02 million shares and took the total to 4,882,556 by Dec. 31. A March registered direct offering added another 71,381,818 common shares. The outstanding count reached 76,264,374 at March 31 and was unchanged at April 29, according to the company’s first-quarter report.
Pre-funded warrant exercises added another 71,031,818 shares during the second quarter. The latest quarterly filing puts the June 30 total at 147,296,192, roughly 51.5 times the later-reported post-September baseline.
For investors who held the stock before the September reset, the two ratios compound to one share for every 20,000 originally held, subject to fractional-share rounding. The Aug. 10 action itself has a 1-for-100 ratio.
Next Technology reported approximately 5,833 BTC at June 30, matching its approximate Sept. 30 balance. The June filing carried those holdings at $351.5 million.
The math is stark. Using approximately 5,833 BTC at both endpoints, calculated Bitcoin per share slid about 98%, from roughly 204,000 satoshis at the later-reported September baseline to about 4,000 satoshis at June 30.

The Aug. 10 split would lift that calculation to about 396,000 satoshis for each new share. An investor’s 100 old shares become one, so the 100-fold jump reflects the new unit size. Apart from rounding, the investor keeps the same proportional slice. The Bitcoin stays on Next Technology’s balance sheet. Shareholders get indirect exposure through NXTT.
A large equity-plan reserve stays in place after the split. The latest quarter lists 7.98 million shares available under the 2025 Equity Incentive Plan, and the Aug. 5 filing says the split will leave that reserve untouched. It equals about 5.4 times the projected post-split share count. The company’s authorized common share count remains unlimited.
Those figures describe capacity alone. Future issuance remains uncertain. The reverse-split filing supplies no motive and makes no mention of a new Nasdaq deficiency.
The post How a Nasdaq Bitcoin holder diluted investors by 98% without selling a single coin appeared first on CryptoSlate.
Galaxy Digital closed Q2 with an $85 million net loss even as completed Phase I capacity began contributing under its CoreWeave lease. Q3 brings the first full quarter at the guided run rate, a cleaner test of whether contracted data center income can soften Galaxy's crypto-driven earnings swings.
Galaxy Digital's SEC-filed results tied the loss primarily to lower digital-asset prices. Diluted earnings per share were negative $0.09. Adjusted EPS, a non-GAAP measure, landed at the same negative $0.09. Galaxy posted $43 million of adjusted gross profit and a $77 million adjusted EBITDA loss, both non-GAAP measures.
The segment results pulled in opposite directions. The AI infrastructure pivot generated $20 million of adjusted gross profit and $11 million of adjusted EBITDA as capacity ramped. Treasury and Corporate recorded a $42 million adjusted gross loss and a $78 million adjusted EBITDA loss, mainly from unrealized losses on digital assets and investment positions.
All 133 MW of critical IT load under the 15-year CoreWeave Phase I lease was in service by quarter-end. Galaxy Digital now expects about $80 million of quarterly leasing revenue and a project-level adjusted EBITDA margin above 90% beginning in Q3. The Q3 figures remain guidance, and the project margin excludes overhead.
On paper, an $85 million loss and about $80 million in expected quarterly lease revenue almost rhyme. The accounting tells a different story. The loss sits at Galaxy's consolidated GAAP bottom line. The $80 million describes expected top-line revenue. Data Centers contributed $11 million of adjusted EBITDA during the ramp, so Q2 captures the build toward full lease economics.

The 260 MW Phase II expansion carries its own financing weight. A Helios project subsidiary, Galaxy Helios Data Centers II LLC, completed a $3.507 billion offering of 9.875% senior secured notes due 2031. Another project unit, Galaxy Helios II LLC, guarantees the notes.
Project assets and pledged equity in the issuer secure the notes. The financing documents name Helios project entities as issuer and guarantor, keeping the disclosed credit support at project level. From here, construction progress and tenant performance will be the main pressure points.
CoreWeave remains the hinge for that revenue. Galaxy Digital's quarterly filing says the Data Centers segment initially depends heavily on the AI infrastructure customer. Phase I is operating and generating contracted revenue from outside crypto markets. Whether it becomes the steady stream Galaxy expects now rests on CoreWeave's performance and Galaxy's Phase II execution.
The post Galaxy Digital lost $85M on crypto as its projected $80M in AI revenue must offset $3.5B AI investment appeared first on CryptoSlate.
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Bitcoin Magazine

“We Need Clarity,” Says Former New York Governor Andrew Cuomo
Ex-governor of New York and Democrat Andrew Cuomo has said lawmakers need to hurry up and get the “highly political” Clarity Act over the line.
Cuomo, who is also the director of crypto exchange OKX, said that Democrats and Republicans were mainly locking horns over the ethics language in the bill.
A number of lawmakers are hoping the Clarity Act — which would set in stone crypto regulation in the U.S. — gets passed before Congress departs for August recess. The bill was passed by the House of Representatives last year but sticking points remain.
“We need clarity,” Cuomo said Thursday on CNBC’s Squawk Box. “Tell me the rules — I want to play the game fairly, but you have to tell me the boundaries, and that’s what the Clarity Act is all about.”
Cuomo added that Democrats wanted to “raise in the campaign” the issue of the Trump family making money in crypto — and so were continuing to bring up the issue of ethics.
A new draft of the Clarity Act started circulating that tackled the issue of ethics, banning government officials from promoting or making money from crypto.
Some Democrats have criticized President Trump’s crypto business interests, with some alleging conflicts of interest as his family has made money from meme coins and the decentralized finance protocol, World Liberty Financial. The White House has always said there have been no conflicts of interest.
New language has been drafted, bipartisanly, adding changes to the ethics section of the bill. The White House is reportedly looking over it this week.
Cuomo continued: “I think Democrats have to be a little careful because you want to talk about conflicts of interest, meanwhile you have Democrats who are buying stocks and they have inside information also.”
He warned: “And again, the world is passing us by. OKX, we’re doing gangbusters in Europe, and they’re passing regulations, and the technology is flourishing.”
“When you pass the regulations, and you allow innovation to develop, it takes off, and that’s what’s happening around the world, and it’s not happening here in the U.S. because of the Clarity Act,” he added.
This post “We Need Clarity,” Says Former New York Governor Andrew Cuomo first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Bitcoin Magazine

Breez Announces Glow, an Open Source Bitcoin to Stablecoins Progressive Web App
Developed by Breez in partnership with Bitcoin Spark, the Glow app lets users send stablecoins from their Bitcoin balance, while empowering developers to build better user experiences without having to worry about the difficult parts of building on top of Bitcoin. Breez’s SDK takes care of asset exchange in the background while supporting lightning payments through its Spark integration.
“Glow is a Bitcoin app for everyone,” said the company in a press release shared with Bitcoin Magazine. Users can access the app on both Apple and Android app stores. Glow re-invents the Bitcoin wallet experience, deviating from the seed phrase backup flow that many wallets attempt to introduce users to. Instead, Glow leverages the Passkey standard engineered and now encouraged by the Silicon Valley giants, which makes passwords and, in this case, pass phrases a thing of the past. Despite the change, Glow promises self-custody and cryptographic control over funds to its users, in an auditable software package.
As an MIT-licensed, free and open source progressive web app (PWA), Glow is built so that developers can look under the hood, take it apart, and implement features as they see fit, leveraging the Breez API and SDK. Besides the Passkey login, Glow has full support for native Lightning payments, sending and receiving with customizable Lightning addresses that look like emails, such as BM@breez.tips. First deployed to a Bitcoiner user base, Glow can currently send USDT and USDC across most networks and blockchains through their partnership with Flashnet, drawing value from the user’s Bitcoin balance.
Glow comes integrated with a couple of onramps from the start as well. Users can onboard to bitcoin instantly via Cash App and MoonPay which the SDK connects to via their API. Sats arrive in seconds. The app also has contacts integration, letting users save their friends’ lightning addresses as a contact, hiding away ugly public keys and lightning invoices and delivering a more familiar and mainstream payments app experience.
Users can also avoid bitcoin’s volatility by swapping their BTC holdings to USD value at will and, according to the press release, they earn sats as they do. Glow’s stablecoin is USDB; the B stands for Bitcoin, a stablecoin issued by Brale Inc which is licensed as an MSB across over 45 states, and claims to be compliant with GENIUS Act standards: “Regulated & fully backed Issued by Brale, a U.S. regulated entity, and 100% backed by T-bills, cash, and cash equivalents”. There appears to be no way to verify Brale’s compliance with the GENIUS Act right now as the regulations are still being implemented and do not take effect until 2027.
What is remarkable about USDB is that it is a Bitcoin native stablecoin, deployed through the Spark protocol, which is compatible with the Lightning Network, essentially unlocking the stablecoin across Bitcoin rails. USDB holders earn up to 6% APY delivered from Flashnet DEFI exchange’s profits, according to a Spark announcement earlier this year.
Breez believes this combination of partnerships and technologies means that “Bitcoin has finally crossed a threshold.” The UX unlocked by Glow is now fully available to developers as a software development kit, something unimaginable by traditional finance.
This post Breez Announces Glow, an Open Source Bitcoin to Stablecoins Progressive Web App first appeared on Bitcoin Magazine and is written by Juan Galt.
Amrize (AMRZ) reported stronger second-quarter profit and revenue, but cost pressure weakened margins across its North American construction network. Net income climbed 14.4% to $476 million, while revenue rose 8.6% to $3.49 billion. Amrize shares closed 3.14% lower at $51.22, then fell 5.15% after hours to $48.58.
Amrize Ltd, AMRZ
Amrize generated $3.49 billion in second-quarter revenue, compared with $3.22 billion one year earlier. Higher volumes added $200 million, while recently acquired businesses contributed another $54 million. Aggregates pricing, foreign exchange gains, and demand from large infrastructure projects across key markets also supported growth.
Net income increased to $476 million from $416 million during the same quarter last year. Diluted earnings per share rose 14.7% to $0.86, while adjusted earnings reached $0.88. Adjusted EBITDA increased 5.8% to $986 million, although the margin fell 80 basis points.
Higher freight, diesel, and raw material costs reduced the benefit from stronger sales and savings. Amrize responded with price increases, fuel surcharges, and its ASPIRE cost program. However, oil-linked inflation continued to pressure earnings and influenced the updated annual outlook.
Building Materials revenue rose 8.2% to $2.45 billion during the second quarter. Cement volumes increased 5.0%, while aggregates volumes advanced 6.5% from last year. Acquisitions and stronger aggregates pricing also supported the segment.
Segment adjusted EBITDA increased 5.2% to $793 million, despite higher freight and diesel expenses. Cement pricing declined 0.2% in constant currency, but improved from the first quarter. Aggregates pricing rose 4.0% on a constant-currency and freight-adjusted basis.
Commercial and residential roofing demand lifted Building Envelope revenue 9.4% to $1.05 billion. Segment adjusted EBITDA fell 5.2% to $237 million during the quarter. Higher freight and raw material costs outweighed volume growth and reduced the segment margin.
Amrize now expects full-year revenue between $12.5 billion and $12.7 billion. The company forecasts 2026 adjusted EBITDA between $3.1 billion and $3.2 billion. Management expects stronger pricing, but oil-related inflation will remain an earnings headwind.
The company targets about $80 million in ASPIRE savings during 2026. Amrize also plans roughly $900 million in capital spending for expansion and efficiency projects. Recent Texas acquisitions should further strengthen its cement, aggregates, and ready-mix network over time.
Amrize returned $502 million through dividends and repurchases, including $197 million under its buyback program. Net debt reached $5.28 billion, while the net leverage ratio stood at 1.7 times. The company also revised prior periods after finding immaterial accounting errors, mainly involving extended warranty revenue.
The post Amrize Ltd (AMRZ) Stock: Q2 Profit Rises 14% Despite Higher Fuel and Freight Costs appeared first on Blockonomi.
Rigetti Computing (RGTI) stock extended losses after second-quarter results showed higher revenue but deep operating and net losses. Shares closed 1.49% lower at $16.53 before dropping 4.48% after hours to $15.79. However, stronger fidelity results and potential federal funding highlighted continued progress across its quantum computing roadmap.
Rigetti Computing, Inc., RGTI
Rigetti reported second-quarter revenue of $5.1 million for the period ending June 30, 2026. The company recorded an operating loss of $28.1 million during the quarter. Meanwhile, its GAAP net loss reached $52.6 million as development spending remained elevated.
Non-GAAP net loss totaled $16.0 million, while the GAAP loss per diluted share reached $0.16. The adjusted loss per share came to $0.05 for the same reporting period. These figures showed that Rigetti still faces significant costs while expanding its technology and commercial programs.
Rigetti ended June with $541.3 million in cash and available-for-sale investments. The company also reported no debt, supporting continued research spending and customer deployments. That balance sheet provides flexibility as Rigetti advances hardware performance and seeks larger system contracts.
Rigetti reported measurable progress across qubit fidelity, coherence development, and gate speed. Its Cepheus-1-108Q system reached about 99.9% median single-qubit gate fidelity. The platform also delivered roughly 99.1% median two-qubit fidelity and 60-nanosecond gate speeds.
At smaller system sizes, Rigetti achieved stronger two-qubit results across its testing programs. Its 9-qubit platform reached 99.8% median two-qubit gate fidelity. Meanwhile, the 36-qubit system achieved 99.6%, supporting the company’s chiplet-based scaling strategy.
Rigetti continues improving chip design, fabrication methods, materials, and manufacturing processes. These efforts target longer coherence times and higher fidelity as systems increase in size. Better coherence could also strengthen system reliability across research, cloud, and on-premises deployments.
Rigetti signed a letter of intent with the Commerce Department for potential funding worth up to $100 million. The proposed three-year award would support superconducting quantum computing research under the CHIPS Act. However, the agreement could give the department an equity position linked to the funding amount.
The company also expanded its work with Hewlett Packard Enterprise and the Pittsburgh Supercomputing Center. Rigetti will deliver a 9-qubit Novera system for the new TangleLab testbed. A National Science Foundation grant supports the project and its hybrid quantum-classical computing research.
Beyond that project, Rigetti continues fulfilling on-premises systems for research and government customers. Its pipeline includes Novera deployments and a 108-qubit program for India’s C-DAC. Still, the stock decline showed that quarterly losses outweighed recent technology gains and funding potential.
The post Rigetti Computing, Inc. (RGTI) Stock: Falls Despite Fidelity Gains and Government Funding Potential appeared first on Blockonomi.
SpaceX stock falls below its IPO price despite 92% revenue growth as Thursday’s lock-up expiry threatens to add insider supply.
For over 350 years (roughly since 1661 when the first banknotes appeared in Europe), the relationship between gold and paper money has shaped global finance.