Babylon Genesis is set to roll out testnets for multi-staking and EVM support this summer, with both features scheduled to go live on mainnet in Q4 this year. The Bitcoin (BTC) staking protocol Babylon Genesis has unveiled its 2025 roadmap, outlining a series of milestones that will mark the completion of Babylon’s core staking infrastructure and open the door to BTCFi-native applications such as lending, trading, and stablecoins. This summer, the protocol will launch testnet support for multi-staking, allowing a single BTC position to secure multiple networks simultaneously. The initial…
Tag: Launch
US SEC Halts Full Launch of Grayscale Digital Large Cap Fund
Key Notes After approving the Grayscale Digital Large Cap Fund (GDLC), the SEC has paused trading for the fund. Analysts believe the SEC intends to establish guidelines for crypto ETFs before proceeding with Grayscale’s application. There are suspicions that the conflicting guidance is a matter of internal politics at the SEC. The United States Securities and Exchange Commission (SEC) will not be taking any action on Grayscale’s Exchange Traded Fund filing for Solana SOL $153.0 24h volatility: 3.2% Market cap: $81.82 B Vol. 24h: $5.18 B , XRP XRP $2.28…
Peter Thiel and Billionaire Consortium To Launch New Bank Serving Cryptocurrency Startups: Report
PayPal co-founder Peter Thiel and a handful of other tech billionaires are reportedly launching a new bank partially dedicated to serving crypto startups. According to a new report from Financial Times, Thiel and other investors – such as the CEO of military contracting company Anduril – to create a bank called Erebor, which references to popular fantasy series The Lord of the Rings. FT says the billionaires intend for the bank to serve crypto startups and take the place of Silicon Valley Bank (SVB), a crypto-friendly bank that ended up…
SOL Rallies After Staked ETF Launch But $160 Must Hold
Key point: REX Shares launched the first-ever US-staked cryptocurrency exchange-traded fund on Wednesday, giving investors direct exposure to Solana (SOL) and an opportunity to earn yield through staking. Although the price action showed promise in the past few days, the recovery fizzled out on Tuesday. Could buyers push the price above the overhead resistance in the next few days? Let’s analyze the charts to find out. Solana price prediction Solana turned down from the 50-day simple moving average ($156) on Monday, indicating that the bears are fiercely defending the level.…
Circle Applies To Launch National Trust Bank
Stablecoin issuer Circle has applied to establish a national trust bank in the United States that, among other duties, would oversee the firm’s USDC reserve on behalf of its US issuer. If the application is approved by the US Office of the Comptroller of the Currency (OCC), Circle’s First National Digital Currency Bank would be authorized to operate as a federally regulated trust institution, Circle said in a statement on Monday. Circles Digital Bank also hopes to strengthen the infrastructure that “supports the issuance and circulation” of USDC (USDC) and…
First US Crypto Staking ETF Set to Launch Wednesday With SOL Yield Exposure
A regulated crypto staking ETF is set to debut in the U.S., unlocking yield potential and paving the way for a new era of compliant digital asset investing. New ETF Combines SOL Exposure With Staking Income in Regulated Structure A yield-bearing crypto investment vehicle is about to make its debut in the regulated U.S. market, […] Source CryptoX Portal
Solana ETF Set For ‘Imminent Launch,’ Analysts Say
ETF provider REX Shares is on the verge of launching the first-ever Solana staking exchange-traded fund (ETF), following what analysts describe as a successful response to feedback from the US Securities and Exchange Commission (SEC). “Rex also filed an updated prospectus, which totally filled in. Add it all up, and it appears as though all systems go for imminent launch,” ETF analyst Eric Balchunas said in an X post on Friday. SEC “comfortable” with the unique ETF structure ETF Store president Nate Geraci said in an X post on the…
Coinbase to Launch First CFTC-Regulated Perpetual Crypto Futures in US
Key Notes The platform becomes America’s first major exchange providing regulated perpetual derivatives, eliminating the need for offshore trading risks. Initial contracts will feature nano Bitcoin at 0.01 BTC and nano Ether at 0.10 ETH, offering leveraged exposure with capital efficiency benefits. These 5-year structured contracts include hourly funding rates and twice-daily settlements, addressing the regulatory gap that previously forced US traders overseas. Coinbase is set to launch a suite of “US Perpetual-Style Futures” trading products on July 21, 2025. This move makes Coinbase the first major exchange to offer…
Morpho and Gelato launch simple loans using crypto as collateral
Users across several blockchains can now take non-custodial, crypto-backed loans in just days, the two firms claim. DeFi is racing to close the usability gap with traditional platforms. On Wednesday, June 25, Web3 cloud firm Gelato and Defi lending protocol Morpho announced the launch of embedded crypto-backed loans. According to the two firms, the platform would be as easy to use as a banking app. Today, in collaboration with @MorphoLabs, we’re introducing Embedded Crypto-Backed Loans. A new way for wallets, exchanges, and fintech applications to offer instant, non-custodial, and web2-like…
Animoca Brands’ Flagship Project Moca Network to Launch L1 for Digital Identity
Moca Network, the identity ecosystem of Web3 investment giant Animoca Brands, is planning to introduce a layer-1 blockchain that will allow Web3 projects to identify and verify users without needing to rely on centralized platforms. Moca Chain will enable user data to be verified by applications across any blockchain, similar to the way single sign-in platforms such as Okta and Google Sign-In operate in the Web2 environment. The testnet is expected to start operating in the third quarter with the mainnet following by year-end, the Moca Foundation said in a…