USDT gains $5 billion as other stablecoins shrink The total stablecoin supply has surpassed $300 billion, but growth has slowed significantly. Over the past month, Tether's USDT expanded by more than $5 billion. In contrast, USDC, USDe, and PYUSD together f
Vitalik Buterin argues Layer 2 projects with backdoors or partial decentralization offer little advantage over centralized servers. Ethereum co-founder Vitalik Buterin stated on July 3, 2025, that many Layer 2 (L2) projects claiming decentralization retain instant backdoor
The Trump-affiliated company withdrew its filing as analysts cite rising competition and fee pressure in the Bitcoin ETF space. Truth Social has withdrawn its application for a spot Bitcoin ETF, according to market analysts. The move follows heightened competition in the s
The firm, backed by nearly $100 million, launches Ethereum trading amid regulatory shifts following Gensler’s SEC tenure. Prometheum, a crypto compliance platform, has executed its first trades after nearly a decade of development and raising $100 million. The firm current
Crypto infrastructure firm Zerohash seeks fresh capital after Mastercard scrapped plans to invest post-BVNK acquisition. Zerohash is pursuing a new funding round at a valuation exceeding $1.5 billion, following Mastercard’s decision to abandon investment plans. The move co
Bitcoin miners control 27GW of planned power capacity Bitcoin miners have become key players in the AI infrastructure buildout due to their control of over 27GW of planned power capacity. They have signed more than $90 billion in AI contracts, positioning them as crit
Ethereum falls nearly 9% from recent highs amid broader market sell-off driven by rising yields and inflation concerns. Ethereum (ETH) traded at $2,110, up 0.5% on Tuesday, after retreating from levels above $2,300. The decline follows a week of selling pressure as rising
JPMorgan analysts cite weak network activity and DeFi adoption as key factors behind ETH’s lagging performance relative to BTC. Ethereum has trailed Bitcoin in both price and institutional flows since October 2025, according to JPMorgan. Analysts noted that ETH’s underperf
Senator Elizabeth Warren alleges nine crypto firms received unlawful bank charters, undermining U.S. financial safeguards. Sen. Elizabeth Warren accused the Office of the Comptroller of the Currency of illegally approving national trust bank charters for nine crypto firms,
Bank of England Deputy Governor Sarah Breeden says tokenization could enhance payment efficiency and market competition while preserving trust. Bank of England Deputy Governor Sarah Breeden outlined tokenization’s potential to reduce costs and boost competition in financia