Linea to Burn ETH With Every Transaction in Bold L2 Upgrade
Linea, an Ethereum layer-2 network incubated by Consensys, has unveiled a comprehensive suite of upgrades designed to embed the network deeper into the layer 1’s economic and ideological fabric. Linea’s updated road map, expected to roll out in October 2025, introduces ETH-native staking on bridged assets, a protocol-level ETH...
Read More
DeFi Dev Boosts Solana Treasury to $218M After Latest Purchase
DeFi Development (DFDV), the Nasdaq-listed firm pursuing a crypto treasury strategy focused on Solana (SOL), said on Tuesday it increased holdings to roughly 1.18 million SOL, worth about $218 million. According to a press release shared with CoinDesk, the company acquired 181,303 SOL tokens between July 21 and July...
Read More
Ether Treasury Companies to Eventually Own 10% of Supply: Standard Chartered
Corporate treasury participation in ether (ETH) has surged in recent months, with institutional entities now holding 1% of the cryptocurrency’s circulating supply, according to a report from investment bank Standard Chartered (STAN). The bank predicts that ether treasury holdings could reach 10% of total supply over time, a 10-fold...
Read More
ARK Invest Buys the Dip on Ether Strategy Firm BitMine With $18.6M Purchase
ARK Invest bought $18.6 million worth of shares in ether treasury firm BitMine Immersion Technologies (BMNR). Cathie Wood’s investment firm added a total of 529,366 BMNR shares to its Innovation (ARKK) and Next Generations Internet (ARKW) exchange-traded funds (ETFs) on Monday, according to an email notification. BMNR fell more...
Read More
Whale Revives Profit-Taking Concerns as Bitcoin Holds Flat: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin’s Asian session bounce from $117,500 ran out of steam near $119,200 during European hours, extending two weeks of directionless trading. The CoinDesk 20 (CD20) Index traded 1.4% lower over 24 hours, with the broader CD80 gauge reporting a 4.6%...
Read More
Ethereum: BitMine’s Bold $60K ETH Call Fails To Offset Stock Slide
Ethereum is on the spotlight as BitMine Immersion Technologies stock took a sharp hit on Monday, falling over 25% despite a fresh round of bullish messaging from Tom Lee of FundStrat. Investors seemed unconvinced by the plan to make BitMine a major holder and staker of Ethereum. The dip...
Read More
MetaMask launches new stablecoin yield feature on wallets
MetaMask will allow users to earn passive yield through storing stablecoins in their wallets. The new feature is powered by the Aave protocol. How does Stablecoin Earn work? On July 29, the crypto wallet service launched its first stablecoin yield…...
Read More
India’s CoinDCX shuts down Coinbase acquisition talks
Reports claiming Coinbase is planning the acquisition of India-based crypto exchange CoinDCX have been denied by the company’s leadership. In a July 29 X post, CoinDCX CEO Sumit Gupta shut down the rumors directly, saying the platform is not for…...
Read More
Is Binance ZRC perps launch about to fuel a new rally for Zircuit crypto?
Zircuit crypto has surged 165% from its ATH in late June, and the upcoming launch of Binance’s ZRC perps could spark even bigger gains. Zircuit (ZRC) price has recently staged a strong rally from its all-time low of $0.01948 reached…...
Read More
Prediction Markets Hit Fever Pitch
Image generated by AI. A wager, a trade, a contract – can you tell the difference? Each one involves a calculated risk predicated on a hoped-for outcome. Prediction markets blur the boundary further. Even before Polymarket correctly called the winner of last year’s US presidential election the line was pretty...
Read More