Month: July 2025

Avalanche Shatters Record With 20M Transactions

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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…

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OKX Joins Global Dollar Network to Support Paxosโ€™ USDG Stablecoin

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Crypto exchange OKX has joined the Global Dollar Network, a consortium promoting Paxosโ€™ relatively smaller USDG stablecoin, in a move the exchange says could help accelerate adoption of a regulated US dollar-backed stablecoin.ย  By joining the network, OKXโ€™s 60 million global users will gain access to Global Dollar (USDG) for trading and transfers, the company announced Monday.ย  OKX already supports several major stablecoins, including market leaders Tether (USDT) and USDC (USDC). Adding USDG โ€” a newer, smaller entrant โ€” could broaden access to regulated digital dollars through a project designed…

Platform Poised to Gain From U.S. Stablecoin Regulation

Native token of decentralized finance (DeFi) lending platform Aave surged to its strongest price in several months on Monday The bluechip DeFi token topped $330 during the session before cooling off at $316, gaining 8% over the weekend. The rally came as the DeFi sector is heating up amid a broader crypto rally, with bitcoin conquering fresh records above $120,000. Aave is the dominant player in DeFi lending, and has just hit $50 billion in deposits on the protocol, a fresh record level. The platform also poised to be one…

Layer 2s Now Handle 85% of All Transactions, Dune Report Says

Key Notes Over 85% of transactions in the Ethereum ecosystem now take place on Layer 2 networks. Base has become the dominant L2, accounting for over 80% of all L2 transaction fees and operating at a 98.3% profit margin in May 2025. Despite the transaction shift, Ethereum L1 remains the core settlement layer, hosting 90% of stablecoin value and 83% of all real-world assets (RWAs). A new report highlights a major shift in the Ethereum ETH $3 050 24h volatility: 3.0% Market cap: $368.20 B Vol. 24h: $24.83 B ecosystem,…

๐ŸšจEmergency update: Altcoins season postponed! | why crypto market is going down | Bitcoin price

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Are Long-Term Players Preparing Early?

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Bitcoin has reached a new all-time high once again, surging to $123,200 earlier today, a move that has reignited bullish sentiment across the cryptocurrency market. After weeks of steady consolidation and strong institutional inflows, the top cryptocurrency continues its upward momentum, breaking past key psychological levels and entering uncharted territory. Related Reading One of the most notable developments fueling this surge is the rise in demand from so-called โ€œaccumulatorโ€ addresses. According to top analyst Darkfost, these walletsโ€”classified by their consistent behavior of only accumulating BTC without any history of sellingโ€”have…

Digital Currency Groupโ€™s Grayscale Plans Public Listing

Grayscale Investments confidentially submitted a draft registration statement for a U.S. initial public offering (IPO) to the Securities and Exchange Commission (SEC) on July 14, 2025. The digital asset management firm, a subsidiary of Digital Currency Group, aims to become a publicly traded company. Grayscale Files Draft Registration for U.S. Initial Public Offering The Form [โ€ฆ] Source CryptoX Portal

Sonnet BioTherapeutics to Launch Hyperliquid Treasury

Key Notes Sonnet BioTherapeutics, Inc. has decided to merge with Rorschach I LLC to become Hyperliquid Strategies. Hyperliquid Strategies will hold 12.6 million HYPE tokens and $305 million in cash, totaling $888 million in assets. The HYPE token has gained momentum as positive merger news fuels a broader crypto market rally. . Nasdaq-listed Sonnet BioTherapeutics, Inc. is set to merge with Rorschach I LLC to become Hyperliquid Strategies, Inc. As a new single entity, they will launch a HYPE HYPE $49.73 24h volatility: 4.0% Market cap: $16.61 B Vol. 24h:…