US Government Puts Stamp of Approval on Key Digital Asset in Historic First Move

SEC Chair confirms first-ever U.S. government stamp of approval on a key digital asset, signaling a breakthrough moment for blockchain adoption in mainstream financial infrastructure. SEC Chair Confirms Historic Pivot: Stablecoins Now Core to US Financial Future A pivotal shift in U.S. regulatory posture is underway as stablecoins gain unprecedented government recognition, signaling potential upgrades [โ€ฆ] Source CryptoX Portal

Bitcoin Price Consolidatesโ€”Is a Downside Correction on the Horizon?

Bitcoin price is consolidating gains below the $118,000 resistance. BTC could start a downside correction if it breaks the $116,200 support zone. Bitcoin started a fresh decline after it failed to clear the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Dips Again Bitcoin price…

DeFi Development Nears 1 Million Solana In Treasury

Nasdaq-listed firm DeFi Development Corp is now just one token away from crossing a million Solana in its treasury after its latest $198 million buy. In a statement on Monday, DeFi Development Corp said its purchase of 141,383 Solana (SOL) between July 14 and July 20 had grown its treasury to 999,999. The recent acquisition included spot purchases, discounted locked SOL, and 867 tokens earned through staking, validator revenue, and โ€œother onchain activity,โ€ according to DeFi Development Corp. โ€œAll newly acquired SOL is being staked immediately, earning native yield while…

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Bitcoinโ€™s UTXO Count Falls Sharply โ€” Are Whales Prepping for a Big Move?

Bitcoinโ€™s upward price trajectory has slightly cooled, with the asset now trading just below the $119,000 mark, reflecting a 3% decline over the past week. The dip follows a sustained upward trend that has seen significant interest from both institutional and retail participants in recent months. The current pause in momentum may suggest a temporary rebalancing, with market participants potentially reassessing their positions. As price movement stabilizes, on-chain analysts have begun to highlight deeper structural shifts within Bitcoinโ€™s blockchain activity. According to CryptoQuant contributor Avocado onchain, one key trend gaining…

Peter Schiff Says Sell Ether and Buy Bitcoin

Infamous bitcoin sceptic and proud gold bug Peter Schiff posted a curious message to his 1.1 million X followers on Monday afternoon, urging them to sell ether ( ETH) and use the proceeds to buy bitcoin ( BTC). Schiff, who once compared the dominant cryptocurrency to the bulbs of the Dutch Republicโ€™s 1634 โ€œtulip mania,โ€ […] Original

Roman Storm Eyes Mistrial Over Government Witness Testimony

Tornado Cash co-founder Roman Stormโ€™s lawyers might ask for a mistrial over a government witness they claim had nothing to do with the crypto mixer. Stormโ€™s defence floated the idea of a mistrial with Manhattan federal judge Katherine Polk Failla on Monday, questioning the testimony of government witness Hanfeng Lin on Tuesday, Inner City Press reported. If allowed, a mistrial ruling would see Stormโ€™s trial considered invalid due to a judicial error โ€” which in this case could be evidence that should have been excluded โ€” and it could be…

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Ethereum OI Explodes To $28Bโ€”Altcoin Rotation Begins: QCP

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereumโ€™s derivatives market has erupted in the past seven days, and the trading desk at Singapore-based QCP Capital argues it is the clearest evidence yet that a long-anticipated altcoin season is finally under way. In a…