Ethereum ETFs Hit 1 Year On US Market

US-based spot Ether exchange-traded funds marked their one-year trading anniversary on Wednesday amid a three-week run of inflows that included some of their strongest days to date. The US Securities and Exchange Commission approved the spot Ether (ETH) ETFs to begin trading on July 23, 2024, with funds from BlackRock, Fidelity, 21Shares, Bitwise, Franklin Templeton,…

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was…

Finder Earn Compliant with Financial Law, Australian Federal Court rules

The Australian Federal Court ruled in favor of fintech company Finder.com, clearing it and its yield-generating product, Finder Earn, in a legal battle with the Australian Securities and Investments Commission (ASIC) that lasted almost three years. In a Thursday court decision, Justices Stewart, Cheeseman and Meagher confirmed a previous judgment that Finder Wallet and Earn…

XRP Price Analysis

Key point: XRP (XRP) rose to a multi-year high above $3.66 on Friday, indicating aggressive buying by the bulls. That helped XRP’s market capitalization exceed that of the global fast-food giant McDonald’s on Monday. However, the failure to sustain the momentum may have tempted short-term buyers to book profits after the sharp run-up. What are…

Traditional Companies Enter the Crypto Treasury Game With BTC, XRP, and SOL Buys

A growing number of traditional companies are beginning to experiment with digital assets as part of their corporate treasury strategies, signaling a shift in how businesses view crypto’s role in financial management. This week alone, companies from sectors as diverse as agriculture, consumer manufacturing and even a nearly 80-year-old Japanese textile company announced allocations to…

Solana Boosts Block Capacity By 20%, More On The Way

The Solana network increased its block capacity by 20% on Tuesday, raising the limit to 60 million compute units (CU) and plans to expand this further before the end of the year. Mert Mumtaz, co-founder and CEO of Helius, which provides infrastructure and tooling for Solana developers, said in an X post on Wednesday that…

Ethereum Exit Queue Surges As ETH Drops 7% From 2025 High

Ether dipped more than 7% from its 2025 high as the queue for validators and investors to unstake the asset hit an 18-month high on Wednesday.  Ethereum is a proof-of-stake network that requires validators to stake the asset and lock up funds to secure the network. Validators that want to exit Ethereum’s staking system need…

XRP 10% Plunge Not The End Of Rally, Says Crypto Exec

Despite a 10% plunge in XRP over the past 24 hours, the Ripple-linked cryptocurrency is still on track to regroup and surpass its 2018 all-time high, according to a crypto executive. “While it’s difficult to pinpoint exact levels in such a fast-moving market, a further move beyond the current all-time high would not be surprising…

Crypto Control Takes Center Stage at Roman Storm Trial

US prosecutors in the criminal case against Tornado Cash co-founder and developer Roman Storm offered testimony from an Internal Revenue Service (IRS) agent as they prepare to rest their case on Thursday. According to reporting from Inner City Press on Wednesday, IRS Criminal Investigation Special Agent Stephan George testified he had reviewed transaction records connected…

Asia Morning Briefing: Animoca Exec Says U.S. Heat Is Pushing China's Stablecoin Agenda

Good Morning, Asia. Here's what's making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas. In 2021, China’s central bank warned that global stablecoins could bring…