Bitcoin price shrugs off potential new $450M Galaxy Digital BTC sale
Bitcoin seems unfazed at new outgoing wall transactions from Galaxy Digital, with “most” of the BTC ending up in exchange accounts. Go to Source
Month: July 2025
Grove Finance Launches on Avalanche With $250 Million Target Investment
Grove Finance has officially launched on the Avalanche network, targeting an initial investment of up to $250 million in real-world assets (RWAs) as part of its institutional-grade credit protocol. This initiative aims to enhance Avalanche’s institutional ecosystem by introducing new capital and partners, including Centrifuge and Janus Henderson, which manages $373 billion in assets. The … Read more
ARK Invest adds $20M in BitMine, trims Coinbase, Block, Robinhood holdings
Cathie Wood’s ARK Invest adds $20 million in BitMine shares while scaling back exposure to Coinbase, Block and Robinhood amid its crypto portfolio reshuffle. Go to Source
ECB Advisor: Stablecoins Risk Upending the European Banking System
Jürgen Schaaf, Advisor to the Senior Management of Market Infrastructure and Payments at the ECB, has warned about the potential impact of stablecoins in Europe, claiming that they could weaken the banking system by diverting deposits to decentralized alternatives. ECB Adviser Jürgen Schaaf Warns About Potential Erosion of the Banking System by Stablecoins European authorities … Read more
Understanding the ASIC v Wallet Ventures Decision on Digital Assets
On July 24, 2025, the Full Federal Court of Australia issued its decision in ASIC v Wallet Ventures Pty Ltd [2025] FCAFC 93, dismissing the Australian Securities and Investments Commission’s (ASIC) appeal in a closely watched case concerning the regulatory status of crypto-asset products. The ruling affirms that Finder Wallet’s “Finder Earn” product does not … Read more
US seeks to claim $2.4M in Bitcoin seized from ransomware group
The US is seeking the forfeiture of 20.2 BTC seized by the Dallas FBI from the Chaos ransomware group, adding to the country’s proposed Strategic Bitcoin Reserve. Go to Source
Google search volume for stablecoins hit peak amid ‘parabolic’ growth
Stablecoin searches reached an all-time high on Google as market cap topped a record $270 billion following passage of the GENIUS Act. Go to Source
Bakkt sells loyalty business to focus on being ‘pure-play crypto’
Bakkt Holdings says it has agreed to sell its loyalty services business in its bid to focus purely on its crypto offerings. Go to Source
Despite Volatility, Analysts See Continued Rally for XRP Amid Legal Clarity and ETF Hopes
Since July 23, XRP has traded below $3.40, a dip attributed to reports that a wallet linked to Ripple’s co-founder dumped millions of tokens. However, one expert believes improving liquidity and institutional interest could support the digital asset’s continued rally. Post-ATH Struggles and Wallet Dump Allegations After dropping below $3.4 on July 23, XRP has … Read more
SharpLink’s Joe Lubin wants to buy ETH faster than any other firm
SharpLink Gaming is currently the second-largest Ethereum treasury firm after BitMine Immersion Technologies. Go to Source
