Bitcoin Standard Treasury Company (BSTR) will become a publicly traded company through a merger with special-purpose acquisition company Cantor Equity Partners I, Inc. (Nasdaq: CEPO), the companies announced on Thursday. Cantor SPAC Deal Values BSTR Bitcoin Treasury at $10/Share The combined company is expected to list on Nasdaq under the ticker symbol “BSTR” in the […] Original
Key Notes XRP daily active addresses have jumped 124% since the beginning of July. XRP’s Relative Strength Index (RSI) has entered overbought territory above 70, typically indicating strong momentum. Market sentiment is buoyed by the SEC’s approval of the ProShares Ultra XRP ETF (UXRP), which offers 2x daily leveraged exposure to XRP via futures. Amid the broader crypto market upside on July 16, XRP XRP $2.93 24h volatility: 1.1% Market cap: $173.33 B Vol. 24h: $7.42 B price is showing strength with 3% upside, and eyeing a quick breakout past…
Key Notes Texas, Arizona, and Utah achieved top “Trailblazer” status in the comprehensive state-by-state crypto policy evaluation system. The scorecard measures performance across six categories including government blockchain pilots and pro-crypto task forces nationwide. State leaders receive dedicated tools and information to advance digital asset innovation and demonstrate policy momentum building. Chainlink, a decentralized oracle network, and the Blockchain Association launched the “Tokenized in America” evaluation initiative on July 15. The new resource is meant to serve as an aggregate industry resource providing a bespoke scoring system covering the blockchain…
Crypto infrastructure firm Function has secured $10 million in seed funding to scale FBTC, its fully reserved Bitcoin product, amid rising demand for BTC-based yield solutions. Crypto infrastructure firm Function, previously known as Ignition, has successfully raised $10 million in… Original
Key Notes SOL returned only 9.2% weekly gains while major altcoins posted double-digit breakouts, highlighting significant underperformance during the market rally. The Pump.Fun ICO raised $500 million but caused exchange failures on Kraken and Bybit, potentially diverting liquidity away from Solana itself. Technical analysis shows SOL remains capped below $165 resistance, with bulls targeting $179 if they can reclaim this key level on strong volume. Solana SOL $164.1 24h volatility: 0.6% Market cap: $88.00 B Vol. 24h: $14.43 B price traded sideways near $163 on Monday, July 14, stalling below…
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:…
YZi Labs has partnered with 10X Capital to support the creation of the BNB Treasury Company in the United States. New BNB Treasury Company Eyes U.S. Listing With Backing From Crypto Veterans YZi Labs, a global investment firm with a $10 billion portfolio across web3, AI, and biotech, announced its support for 10X Capital’s latest […] Source CryptoX Portal
Ethereum is preparing for a significant architectural upgrade that could see a zero-knowledge Ethereum Virtual Machine (zkEVM) integrated directly into its layer-1 blockchain within a year. In a post by Sophia Gold, a developer in the Ethereum Foundation’s (EF) protocol support team, the EF outlined a path toward replacing traditional block execution with zero-knowledge proofs (ZK-proofs). Instead of requiring every validator to re-run transaction blocks to verify them, the system will switch to validators only checking ZK-proofs, which are tiny cryptographic receipts that confirm everything was done correctly. The roadmap…
This content is provided by a sponsor. Alchemy Pay, the world-leading fiat-crypto payment gateway, has partnered with Yala, a Bitcoin-native liquidity protocol, to power the next frontier of BTC utility through payments and stable yield access. The collaboration supports Yala in the launch of its upcoming Yala Yeti Card, enabling users to spend their $YU […] Original
Polygon is set to deploy its most complex hard fork to date on Thursday, upgrading its proof-of-stake blockchain with a new consensus layer dubbed Heimdall 2.0. In an X post, Polygon Foundation CEO Sandeep Nailwal said the upgrade enhances the backbone of Polygon’s proof-of-stake (PoS) blockchain. It will replace legacy components dating back to 2018 and 2019 with newer infrastructure. “This is the most technically complex hard fork Polygon PoS has seen since its launch in 2020,” Nailwal wrote, adding that it will improve finality, user experience and the network’s…