Public and private companies added 107,082 bitcoin to their treasuries in July 2025, accelerating a trend of institutional adoption now valued at $428 billion across tracked entities, according to Bitcoin Treasuries’ July Adoption Report. Bitcoin Treasuries Report: Corporate Adoption Accelerates The report published by bitcointreasuries.net found total holdings by all monitored entities – including companies, […] Original
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Report: Trump’s Draft Executive Order Would Fine Banks Over Bias Against Crypto Firms, Conservatives
The Wall Street Journal reports that President Donald Trump has allegedly prepared a draft executive order warning banking regulators and financial institutions that they could face disciplinary action if they discriminate against conservatives or crypto companies. An Alleged Executive Order Puts Banks on Notice Over Political, Crypto Bias A Wall Street Journal (WSJ) exclusive report […] Source CryptoX Portal
Trump To Order Investigation Of Crypto Debanking: Report
US President Donald Trump is reportedly planning to sign an executive order directing banking regulators to investigate claims of debanking made by the crypto sector and conservatives. Bank regulators would be directed to probe whether any financial institutions violated antitrust, consumer financial protection or fair lending practice laws, according to a draft of the executive order seen and reported by The Wall Street Journal on Monday. Those found violating the laws could face fines or other legal action. Trump may sign the order this week, reportedly, but the White House…
Peter Thiel-Backed Crypto Exchange Bullish Files for $4,230,000,000 IPO: Report
A crypto exchange backed by billionaire investor Peter Thiel is seeking to file for an initial public offering (IPO) worth over $4.2 billion. According to a new Reuters report, the billionaire-backed Bullish is targeting a $4.23 billion valuation for its upcoming US IPO. Bullish reportedly plans to invest many of the IPO funds in US-dollar-backed stablecoins. Bullish plans to offer 20.3 million shares priced between $28-$31, seeking up to $629 million. The news comes on the heels of another Thiel-backed firm, BitMine, announcing that it has accumulated over $3 billion…
Bitcoin Mining Powers Ethiopia’s $55M Surplus Energy Revenue: Report
Ethiopia’s state utility generated $55 million from bitcoin mining using surplus hydropower, reinvesting profits to accelerate rural electrification projects. Ethiopian Electric Power earned $55 million over 10 months—18% of its annual revenue—by diverting otherwise wasted hydroelectricity to bitcoin mining operations, according to an Ethiopian Tribune report. The revenue funds strategic infrastructure development, expanding transmission lines, […] Original
Citigroup, JPMorgan Lead Blockchain Push: Ripple Report
Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most of them in early-stage funding rounds, per the report. Citigroup and Goldman Sachs led the pack with 18 deals each, while JP Morgan and Mitsubishi UFJ followed closely with 15 investments. Mega-rounds, deals worth $100…
Wall Street Wipeout: $1.1 Trillion Lost as Trump Fires Top Statistician Over Jobs Report
On Aug. 1, U.S. stocks lost $1.1 trillion, with the Dow Jones Industrial Average dropping over 500 points (1.2%), the S&P 500 falling 1.6%, and the Nasdaq Composite declining around 2.2%. Disappointing Jobs Report Rouses Fears U.S. stocks lost $1.1 trillion on Friday, Aug. 1, capping a tumultuous day that saw President Donald Trump reportedly […] Source CryptoX Portal
Qubic’s ‘Warming up the Engines’ Report Details 51% Strategy Ahead of Showdown With Monero
Qubic has released a detailed mining report just two days before its expected 51% dominance attempt on the Monero network, laying out earnings, network influence, and strategic intent. Qubic Lays out 51% Plan In the Epoch 171 mining recap titled “Warming Up the Engines,” written by “retrodrive,” Qubic revealed it earned $180,250 by selling 459 […] Source CryptoX Portal
Report: PENGU Token’s ‘Social Currency’ Role Underpins Novel ETF Bid
A proposed exchange-traded fund (ETF) combining Pudgy Penguins’ PENGU token and its non-fungible tokens (NFTs) has progressed to formal review by the U.S. Securities and Exchange Commission (SEC), according to a new report by Animoca Brands Research. Animoca Highlights Pudgy Penguins’ Path: IP Boom to ETF Filing Animoca researchers note that the hybrid product, filed […] Source CryptoX Portal
$141,000 Could Be Next Key Bitcoin Resistance If Price Breaks Higher, Report Says
A new Glassnode report has revealed that $141,000 could end up being the next major resistance for Bitcoin, should its price break convincingly higher. Bitcoin Is Currently Trading Between These Two STH Pricing Bands In its latest weekly report, the on-chain analytics firm Glassnode has discussed the Short-Term Holder (STH) Cost Basis and some pricing bands derived from it. This indicator measures, as its name suggests, the cost basis or acquisition level of the average investor part of the STH cohort. Formally, STHs are defined as investors who have been…