Day: July 30, 2025

Tornado Cash Co-Founder Faces Jury After Closing Arguments Wrap

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Jurors will now decide the fate of Roman Storm, co-founder of cryptocurrency mixing service Tornado Cash, after prosecutors and the defense delivered closing arguments on Wednesday. The closing arguments phase of a trial is when both sides summarize a case before a judge or jury, making their cases and trying one last time to persuade before the fact-finder goes off to deliberate. Storm is standing trial in the Southern District of New York in a case that could set a precedent for how much responsibility developers have for decentralized software…

Trump White House Releases Crypto Regulation Report

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The US President Donald Trump’s Working Group on Digital Assets released its long-promised crypto report outlining policy recommendations for regulating crypto in the United States, including crypto market structure, jurisdictional oversight, banking regulations, promoting US dollar hegemony through stablecoins and taxation of cryptocurrencies.  Establishing a “taxonomy” of digital assets by clearly defining which cryptocurrencies are securities and which are commodities was the first issue outlined in the report, released on Wednesday. According to recommendations in the document, jurisdictional oversight over digital assets should be shared between the Commodity Futures Trading…

Fundamental Global Sinks 13% Following Ether Treasury News

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Shares of Fundamental Global plunged today on the Nasdaq after the company announced a major strategic shift toward Ether (ETH) as its primary treasury asset. The firm revealed plans to allocate $200 million to ETH, funded through a private placement of 40 million common stock warrants priced at $5 each. The move aligns Fundamental Global with other corporates building ETH treasuries. According to an announcement, the company aims to offer “multiple value drivers beyond ETH price appreciation,” including staking rewards and exposure to tokenized real-world assets. Strategic investors backing the…

XRP Price To Climb 44% To $4.804 As Long As This Level Holds

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The XRP price is gaining traction once again as bullish signals strengthen across the charts. Following a decisive move above a critical support level, the cryptocurrency is now positioned for a potential upward move. A new technical analysis suggests that XRP could climb over 44%, targeting $4.804 in the near term—but only if the support level remains intact.  XRP Price To Pump 44% If Support Holds Despite experiencing a pullback these past few days, the XRP price continues to show strong bullish momentum as it aims for new highs. In…

Bitcoin Mining Giant Canaan Goes All-In on BTC—Stakes Its Future on Crypto

Key Notes Canaan designates Bitcoin as primary long-term reserve asset with 1,484 BTC currently held in company treasury reserves. CEO emphasizes strategic value of substantial Bitcoin holdings as balance sheet buffer and future growth investment tool. Policy aligns with corporate Bitcoin treasury trend while providing operational flexibility for mining and hardware sales activities. The recognized manufacturer of Bitcoin mining equipment, Canaan Inc., has confirmed the adoption of a formal Cryptocurrency Holding Policy that places Bitcoin at the center of its treasury management. The policy, announced July 30, designates Bitcoin BTC…

Can ETH Break $4.5K And Invalidate Daily Bearish Divergence?

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Key takeaways: Ether perpetual futures volume has surpassed Bitcoin, signaling a major shift in market interest. A bearish RSI divergence points to short-term exhaustion. Ether (ETH) has traded just below the $4,000 resistance since December, 2025 and traders are uncertain whether it will be crossed any time soon. Despite the difficulty in overcoming $4,000, one key target for bulls lies at the +1σ active realized price band, currently hovering near $4,500. The metric tracks the average ETH cost, actively changing hands on the network. Data from Glassnode indicated that this…

Treasury Companies Present Clear Use Case for ETH — Bitwise Exec

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Ether treasury and holding companies have solved Ethereum’s narrative problem by packaging the digital asset in a way that traditional investors understand, drawing in more capital and accelerating adoption, according to Matt Hougan, chief investment officer at Bitwise. Hougan told Cointelegraph that Ethereum had struggled to define income-producing features for traditional financial investors until its native token, Ether (ETH), was packaged in an “equity-wrapper.” Hougan said: If you think about the challenge that ETH has had from a valuation perspective over the last couple of years, it’s that Wall Street…