Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Eclipse Launches $ES Airdrop, Distributing 15% of Token Supply Risc Zero’s ‘Boundless’ Incentivized Testnet Goes Live Bitcoin Devs Float Proposal to Freeze...

Ethereum’(CRYPTO: ETH) is gaining serious momentum with a 22% rally over the past week, with market observers anticipating the rally to continue. Cryptocurrency Ticker Price Market Cap 7-Day Trend Ethereum (CRYPTO: ETH) $3,265.27  $393.9 billion +22.6% Bitcoin (CRYPTO: BTC) $119,227.83  $2.37 trillion +9%  XRP (CRYPTO: XRP) $2.98  $177.2 billion...

Dow Jones traded higher as major banks posted strong earnings, while Trump walked back reports on Powell....

Hungary has taken a hard line on crypto trading. On 1 July 2025, the country’s updated criminal code kicked in. Anyone caught trading on an unlicensed crypto‑asset exchange could face jail time. That applies even if a trader swaps just HUF 5 million (about $14,600) worth of tokens. Hungary is...

NEAR Protocol exhibited pronounced bullish momentum over the past 24 hours, ascending from $2.60 to $2.68. NEAR is now up by 8% over the past few days having surged by 45% since Jun 17. The move reflects optimism across the wider altcoin ecosystem, with data points suggesting sustained upside....

Internet Computer (ICP) moved higher in tandem with a broad-based crypto market surge, climbing 1.89% $5.5354 after peaking at around $5.65 early on Wednesday. As capital rotated into altcoins following gains in bitcoin and ether, ICP followed suit with a 7% upswing, driven by early bullish momentum and strong...

ATOM rose by 4% on Wednesday after Cosmos executives terminated EVM development to concentrate on blockchain interoperability by advancing its own IBC protocol. The news was met well by investors as it sees Cosmos extend its position as a standalone blockchain with its own tech stacks it can rely...

With the expected passage of the GENIUS Act this week, the $260‑billion stablecoin market is on the cusp of becoming a formally regulated part of the U.S. financial system. The next step is institutional, bringing the time‑tested model of clearinghouses into the world of tokenized money. Why clearing matters...

Aethir is launching a credit card for its GPU providers and token holders, in collaboration with Credible Finance....

As Bitcoin hits $120k, many traders face losses while ETHRANSACTION users earn steady passive income. #partnercontent...