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Hong Kong’s Stablecoin Ordinance Goes Live — Crypto-Linked Stocks Plunge Across the Board
On Friday, August 1, Hong Kong officially enacted its Stablecoin Ordinance, triggering a sharp sell-off in stablecoin-related equities.
TradingKey
Fri, Aug 1
Solana, Dogecoin, and Cardano lead decline amid $635 million crypto market liquidations
The cryptocurrency market is down on Friday, underpinned by the US Federal Reserve's decision to keep interest rates stable at 4.25% to 4.50% for the fifth consecutive time.
Fxstreet
Fri, Aug 1
Ether Machine Expands Ethereum Exposure, Adds 15,000 ETH In Latest Buy
The Ether Machine, an institutional-grade Ethereum (ETH) yield and infrastructure company, recently announced the addition of 15,000 ETH to its balance sheet. The purchase coincided with Ethereum’s 10-year anniversary. The Ether Machine Continues To Stack ETH In a recent announcement, The Ether Mach...
Bitcoinist
Fri, Aug 1
XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter
After rising to a new 7-year high off the back of strong buys, the XRP price has moved back downward in search of new support levels. This move has been spurred by the general bearish sentiment that has plagued the market as the Bitcoin price struggled to reclaim its all-time high levels, putting al...
NewsBTC
Fri, Aug 1
Nvidia denies Chinese claims of hidden access mechanisms in its H20 chips
Nvidia denies Chinese claims of hidden access mechanisms in its H20 chips.
Cryptopolitan
Fri, Aug 1
Tether Q2 Net Profit Hits $4.9 Billion, Pushing Total Earnings To $5.7 Billion
Tether, the company behind the market’s largest stablecoin USDT, has announced major financial results for the second quarter (Q2) of the year, reporting a net profit of $4.9 billion. Tether Achieves $5.7 Billion In Earnings For H1 2025 According to the report, this surge in profitability comes amid...
NewsBTC
Fri, Aug 1
Crypto Leverage Under Fire: South Korea Set to Tighten Lending Rules
South Korean financial regulators are preparing new guidelines to address cryptocurrency lending services, particularly those offering high leverage to retail investors. The initiative, announced on Thursday, comes amid growing concerns about investor protection and potential risks tied to volatile ...
Bitcoinist
Fri, Aug 1
Josip Heit and Apertum Win Major Securities Lawsuit Against Texas Regulator
The Texas State Securities Board (TSSB), one of the strongest regulatory authorities in the United States, has officially abandoned its claim that the Apertum Foundation’s token and its DAO1 decentralized finance (DeFi) platform are securities. The Apertum Foundation and its senior advisor, Josip Heit, represented by Quinn Emanuel Urquhart & Sullivan, LLP, have prevailed in their litigation against the TSSB. On 31 July 2025, the […]
Cryptopolitan
Fri, Aug 1
A Ticking Time Bomb? US Senator Compares GENIUS Act To 2008 Financial Crisis
US President Donald Trump’s new crypto law is under fire from Sen. Elizabeth Warren, who warns it could repeat mistakes that led to the 2008 crash. Based on reports from Vanity Fair, Warren says the GENIUS Act was shaped more by industry players than by public interest, and she fears ordinary Americ...
Bitcoinist
Fri, Aug 1
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bears set sight on $112K BTC, $3,500 ETH, $2.78 XRP
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) price action are showing signs of weakness as bears gain control of the momentum. BTC and ETH close below their key support levels, while XRP hovers around a critical level, all hinting at potential downside moves in the near term.
Bitcoin
Ethereum
XRP
Fxstreet
Fri, Aug 1
SPX, VIRTUAL, PENDLE lead the fall amid Bitcoin’s third major profit booking
SPX6900 (SPX), Virtuals Protocol (VIRTUAL), and Pendle (PENDLE) are leading the broader cryptocurrency market pullback on Friday, underpinned by a major sell-off move in Bitcoin (BTC).
Fxstreet
Fri, Aug 1
American Bitcoin Public Offering Could Propel Eric Trump’s Stake Beyond $360 Million
Eric Trump’s stake in a newly established Bitcoin (BTC) mining venture could potentially be valued at $367 million as the company prepares to go public in the coming weeks, according to a report by Bloomberg. The second son of President Donald Trump co-founded American Bitcoin Corp. in March, and hi...
Bitcoinist
Fri, Aug 1
UK business confidence sinks to record low, worse than pandemic levels
UK business confidence fell to a record low of –72 in July, worse than during the April 2020 COVID lockdown.
Cryptopolitan
Fri, Aug 1
In-Kind Bitcoin ETF Redemptions Are “A Bigger Deal Than You Think,” Says Expert
The US Securities and Exchange Commission on July 29 approved orders permitting in-kind creations and redemptions for Bitcoin and crypto exchange-traded products, reversing the cash-only constraint that governed January’s spot bitcoin launches and this spring’s ether funds. In a formal statement, th...
Bitcoinist
Fri, Aug 1
Record Bitcoin Prices Propel Strategy To First Profit In Six Quarters
Strategy (previously MicroStrategy) announced its first profit in six quarters, buoyed by a notable surge in cryptocurrency values during the latest quarter that saw the market’s largest cryptocurrencies,, including Bitcoin (BTC), recover from previous price corrections. This development comes as th...
NewsBTC
Fri, Aug 1
‘Hated Rally’ Coming? Pump.Fun (PUMP) Soars 30% From Lows Amid Token Buybacks
After hitting a new low two days ago, Pump.fun (PUMP) has jumped nearly 30% to a key resistance level. As the token attempts to reclaim this area, an analyst suggested that the bottom may be in, and a recovery rally is underway. Related Reading: Ethereum Celebrates 10 Years: Coinbase CEO Shares Vita...
NewsBTC
Fri, Aug 1
Invesco Galaxy Files For Solana ETF: What This Means For SOL
The Invesco Galaxy file for Solana ETF could mark a significant step in the evolution of cryptocurrency investment products. This move positions SOL as a potential mainstream asset, which offers investors regulated exposure to one of the leading Layer 1 blockchains. Will This Spark a New Era Of Ecos...
Bitcoinist
Fri, Aug 1
Ripple (XRP) Flashes Bullish Signal Toward $10, But This DeFi Token Is Gaining More Whale Interest Going into August
As crypto markets brace for a pivotal August, whale wallets are quietly reshaping their portfolios, and one name keeps surfacing, Mutuum Finance (MUTM). The token has surpassed the $13.8 million milestone during its presale. While Ripple’s XRP flashes a technical breakout that could propel prices toward $10, Mutuum Finance is capturing growing whale attention with […]
Cryptopolitan
Fri, Aug 1
Solana ETFs edge closer to approval as Grayscale and VanEck reveal fund fees
Grayscale and VanEck filed updated plans to launch Solana ETFs in the US, moving closer to SEC approval.
Cryptopolitan
Fri, Aug 1
Bitcoin Short-Term Holders Are Selling At A Loss Amid Ongoing Price Fluctuations
After coming close to the $120,000 price mark a few days ago, Bitcoin’s price faced notable bearish pressure, causing the flagship asset to fall back to $116,000. With BTC experiencing price swings, short-term holders have begun to offload their holdings, indicating panic selling among these investo...
Bitcoinist
Fri, Aug 1
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