On Monday, Scott Bessent said the administration is putting the quality of trade agreements ahead of the calendar, even as an August 1 deadline approaches that could bring hefty tariffs if no deals are in place. Bessent told CNBC he won’t push through a deal simply to meet the date. “We’re not going to rush for […] Source: cryptopolitan.com (Read Full Article)
Judge allows testimony on ‘feasible’ Tornado Cash code changes
The second week of the Roman Storm trial kicked off with Judge Katherine Failla allowing a witness to testify that Tornado Cash could have been modified to prevent criminal use. Source: cointelegraph.com (Read Full Article)
Judge allows testimony on ‘feasible’ Tornado Cash code changes
The second week of the Roman Storm trial kicked off with Judge Katherine Failla allowing a witness to testify that Tornado Cash could have been modified to prevent criminal use. Source: cointelegraph.com (Read Full Article)
U.S. customers can start trading CFTC-regulated perpetual futures on Coinbase
Coinbase has just launched CFTC-compliant perpetual-style futures trading in the U.S. with nano Bitcoin (BTC) and Ethereum (ETH) contracts being offered up first. The contracts will reportedly offer 24/7 trading, up to 10x leverage, no quarterly expiration, and fees as low as 0.02%, marking a significant step for regulated crypto derivatives in the U.S. Coinbase […] Source: cryptopolitan.com (Read Full Article)
Ethereum’s Fusaka Upgrade Set To Go Live In November, Glamsterdam To Follow
A total of 11 Proposals for Improvement are listed in the hard fork. Source: cryptopotato.com (Read Full Article)
Institutional Demand Surges As Ethereum Sets New Inflow Records
Ethereum is once again in the spotlight as institutional capital continues to flood into the market at an unprecedented pace. This surge in demand reflects institutional investors who are increasingly viewing ETH as a valuable asset. Ethereum Turns Heads As Inflows Accelerate According to Axel Gaubert’s post on X, ETH is pumping hard after $2.77 billion was added to BlackRock’s Ethereum ETF (ETHA). This signals immense institutional appetite for the asset and underscores growing confidence in Ethereum’s role as both a financial instrument and a foundational layer for decentralized applications. Related Reading: Crypto Founder Pushes Ethereum As ‘World Reserve Asset’ – Details Gaubert notes that the inflows reflect mainstream validation, but create questions around Satoshi’s philosophy. The core ideals of decentralization and independence from traditional finance are being tested as legacy institutions like BlackRock move in, and Ethereum is a very opinionated blockchain. The fact that BlackRock can now build on Ethereum and accumulate ETH at scale reflects Ethereum’s core philosophy, open access, programmable money, and institutional-grade architecture. Ethereum continues to make history as institutional interest surges to unprecedented levels. In the past week, spot Ethereum ETFs saw $2.18 billion in net inflows last week, which is the highest weekly inflow the products have ever recorded. This surge underscores the growing confidence institutional investors have in Ethereum’s long-term value, particularly as regulatory clarity improves and ETH cements its place as a core layer of infrastructure. Over 20% Weekly Gains Signal Strong Market Momentum As mentioned by Vincent on X, Ethereum has gained momentum, and trading between $3,100 and $3,600 at the time of the post, reflecting a 20% rally within a week. This surge is fueled by strong inflows into spot ETH ETFs and rising institutional demand, both of which are acting as major tailwinds for the asset. Related Reading: Ethereum Boom Or Bust? Daniel Yan Sounds Alarm On SBET The ETF data has confirmed rising interest, and shows over $2.1 billion flowed into spot ETFs last week. This surge marks one of the largest weekly inflows for ETH ETFs, reflecting a broader trend of capital rotation toward crypto contract platforms. BlackRock Ethereum Trust (ETHA) now holds an impressive $9.17 billion in assets, which is nearly half of all capital invested across Ethereum ETFs. Furthermore, the Regulatory developments are supportive. The recent GENIUS Act tightens Stablecoin oversight while reinforcing trust in ETH settlement infrastructure. This dual effect positions ETH as a more credible and robust network for institutional activity. ETH currently secures $76 billion in DeFi TVL and $128 billion in Stablecoin supply. On-chain signals show strength as Staking participation continues to rise, a sign of long-term confidence among holders. The futures open interest has reached a record of $51 billion. This reflects deep institutional engagement. Meanwhile, ETH supply is deflationary due to burns and staking. Finally, Vincent sees $4,000 ETH as the next resistance level and stated that May’s Pectra upgrade will improve smart accounts, staking UX, and L2 integration, which are bullish for utility and scalability. Featured image from iStock images, chart from tradingview.com Source: newsbtc.com (Read Full Article)
Hive Digital accelerates AI pivot with $100M HPC expansion — Cointelegraph exclusive
Hive Digital’s HPC business is targeting a $100 million annual revenue run rate as it continues to diversify beyond Bitcoin mining. Source: cointelegraph.com (Read Full Article)
Solana (SOL) May Rise in 2025, But Mutuum Finance (MUTM) Will Deliver Bigger Gains
Solana (SOL) is gaining traction in 2025 through its stable performance and bullish forecasts. However, its popularity could soon be overshadowed by the rise of a new DeFi token, Mutuum Finance (MUTM). Mutuum Finance is already on the 5th presale stage. This stage is already sold more than 80%.  Mutuum Finance has already raised more […] Source: cryptopolitan.com (Read Full Article)
Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange
Polymarket comes back to the United States more than two years after US regulators dropped investigations into the predictions market platform. Source: cointelegraph.com (Read Full Article)
Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange
Polymarket comes back to the United States more than two years after US regulators dropped investigations into the predictions market platform. Source: cointelegraph.com (Read Full Article)