They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Day: July 28, 2025
Stablecoin-Focused Bitcoin Sidechain Plasma Draws $373M in Oversubscribed Token Sale
Stablecoin-focused blockchain Plasma has closed its public token sale with $373 million in commitments, more than seven times the $50 million it was targeting. The sale, according to available data, has led to an oversubscription of around $320 million looking to get around $209,000 worth of XPL that weren’t purchased. The token’s launch is expected to occur within 40 days, while refunds for overcommitted funds will be processed in the near future. At launch, the Plasma network will hold $1 billion in stablecoins,…
Binance Launches RWUSD in Major RWA Tokenization Push
Key Notes Binance Earn debuted a new product dubbed RWUSD. It will deliver a reward of up to 4.2% APR to users based on their RWUSD holdings. This product is benchmarked against Real-World Assets such as tokenized US Treasury bills. Leading cryptocurrency exchange Binance has debuted a principal-protected Earn product dubbed RWUSD. The digital asset service provider released a publication, informing its users of the product, which aims to track the performance of Real-World Assets (RWA), including tokenized US Treasury bills. Key Features of Binance’s New RWUSD Product In its…
Digital Euro No Silver Bullet to USD Stablecoins: ECB Adviser
A central bank digital currency (CBDC) alone will not be enough to challenge the rise of US dollar-pegged stablecoins, according to an adviser to the European Central Bank (ECB). In a blog post published Monday on the ECB’s website, adviser Jürgen Schaaf outlined a range of strategic options for the European Union to address the rapid rise of dollar-based stablecoins. Among those options were regulated euro-pegged stablecoins, distributed ledger technology (DLT) applications and the ongoing development of the digital euro. He also emphasized the role of stronger global coordination on…
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Memecoins, NFTs Get Called Out By Their Own Architect: ‘Zero Intrinsic Value’
Solana Labs CEO Anatoly Yakovenko stirred up heat this week by calling memecoins and NFTs “digital slop” with no real value. He made the remark on X as part of a back‑and‑forth with Base creator Jesse Pollak. Yakovenko compared these tokens to loot boxes in free‑to‑play mobile games. His blunt take has drawn both praise and criticism from across the crypto world. Memecoins Face Harsh Words Yakovenko said he’s held this view since at least January 2024. He argued that the price people pay is all that gives these tokens…
Hashkey Sells 12K ETH as Ethereum Hits ‘Interesting Spot
Key Notes A wallet linked to Hashkey Capital moved 12,000 ETH to OKX. Ether is up 60% over the past month, trading around $3,880. Institutional demand remains strong despite recent sell signals. Ethereum’s ETH $3 865 24h volatility: 1.1% Market cap: $467.10 B Vol. 24h: $33.78 B recent price surge has brought increased attention from investors looking for the next crypto to explode, though some are starting to take profits. LookOnChain reported that earlier today, a wallet likely associated with Hashkey Capital deposited 12,000 ETH, worth around $47.18 million. Looks…
$1.9 Billion Floods Into Crypto: Is the Game Changing This August?
Key Notes Ethereum leads with one of its strongest weeks in history. Bitcoin sees slight outflows amid past week’s price slowness. Analysts hint at a potential market peak forming by mid-September. The cryptocurrency exchange-traded products (ETPs) market attracted $1.9 billion in inflows last week, marking the 15th consecutive week of gains. This has pushed July’s month-to-date inflows to a record $11.2 billion, comfortably outpacing the $7.6 billion during December’s post-election surge. As per a Monday report by CoinShares, Ethereum ETH $3 865 24h volatility: 1.1% Market cap: $467.10 B Vol.…
Strategy Buys 10.4K Bitcoin In July, Down 39% from June
Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, reported no Bitcoin buys last week despite the asset seeing volatility after breaking all-time highs in mid-July. Strategy’s Bitcoin (BTC) holdings remain unchanged at 607,770 BTC as the company opted not to buy more BTC last week, according to a US Securities and Exchange Commission filing on Monday. The price of Bitcoin climbed from around $118,000 to more than $119,000 over the course of the week, despite Strategy’s inactivity and a reported 80,000 BTC sale by an early investor last…
Is crypto lending making a comeback?
A new wave crypto lending startups is extending high-risk, short-term loans to underserved borrowers, rekindling a sector that nearly collapsed in 2022. In a recent interview with The Financial Times, Diego Estevez, founder of San Francisco-based Divine Research, revealed that… Source CryptoX Portal