Article written by Roland Guirdonan

The SEC and Ripple Labs jointly request to dismiss their respective appeals

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The US Securities and Exchange Commission (SEC) and Ripple Labs are still fighting in court, but they have both agreed to drop their appeals, which means the case is getting closer to being resolved. James Filan, the defense counsel, sent this update. He said that the SEC has sent a status report to the Court of Appeals on this new information. In July, both the SEC and Ripple asked the

Fundamental Global files a $5 billion shelf registration to support its Ethereum treasury strategy

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Fundamental Global, a financial services company on Nasdaq, has recently submitted a $5 billion shelf registration statement to the U.S. Securities and Exchange Commission (SEC). This move is part of its plan to significantly increase its investments in Ethereum (ETH). The company plans to change its name to FG Nexus and wants to become the biggest corporate owner of ETH, aiming for a significant 10% share in the Ethereum network.

DEXT Up 36% in One Month as Traders Turn to Utility Tokens With Real Use Cases

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DEXT, the native token of DEXTools, has gained 36% over the past month, drawing renewed interest amid growing demand for utility-driven assets. The rally follows an active period for the project, with new integrations, an expanding user base, and sustained deflationary pressure through token burns. Uptick in Price Follows Steady Platform Growth DEXTools continues to attract consistent usage across the DeFi space, with over 20 millionmonthly visits and activity on more than 124 blockchains.

Ethereum bounces over 35% since Eric Trump’s bullish call

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Eric Trump has recently experienced a positive turn in his promotion of Ethereum, which has seen a significant rebound of nearly 35% from its previous low. Earlier this year, he faced criticism for endorsing Ethereum just before a sharp decline in its value. However, following a notable increase in the crypto’s price, Eric took to social media to celebrate the recovery. He shared a popular “Mic Drop” GIF from the

XRP market cap tops $200B

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XRP has experienced a significant surge, rising 14% in just 24 hours to surpass $3.5, which has boosted its market capitalization to $206 billion, solidifying its status as the third-largest crypto, as reported by CoinMarketCap. Over the past week, XRP has outperformed Bitcoin, increasing by over 35% compared to Bitcoin’s modest 3% gain. This price increase follows the recent passage of the GENIUS stablecoin bill in the US House of

UAE authorities deny offering golden visas to crypto investors

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The UAE authorities have recently stated that they are not offering golden visas to cryptocurrency investors, particularly regarding The Open Network’s (TON) new program. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), the Securities and Commodities Authority (SCA), and the Virtual Assets Regulatory Authority (VARA) issued a joint statement. They explained that only certain groups can qualify for golden visas. These groups include real estate investors, entrepreneurs,

The SEC approves Grayscale’s conversion of its large-cap crypto fund into a spot ETF

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The US Securities and Exchange Commission (SEC) has given the green light for Grayscale’s Digital Large Cap Fund (GDLC) to be listed and traded as a spot exchange-traded fund (ETF) on NYSE Arca. The announcement on July 1 came after Grayscale’s updated S-3 filing, showing that the company is still in talks with the SEC. Nate Geraci, the President of ETF Store, expected this approval and indicated a hopeful view

President Trump’s media company files to launch a Bitcoin and Ethereum ETF

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Trump Media & Technology Group, run by President Donald Trump, has submitted a request to the U.S. Securities and Exchange Commission (SEC) to start a Bitcoin and Ethereum exchange-traded fund (ETF). This proposed ETF is called the Truth Social Bitcoin and Ethereum ETF. It plans to invest 75% in Bitcoin and 25% in Ethereum. This way, investors can access both cryptocurrencies with one product. Crypto.com is the only custodian for

Fidelity files for a spot Solana ETF that includes staking

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Fidelity Investments has filed an application with the U.S. Securities and Exchange Commission (SEC) for a spot exchange-traded fund (ETF) that focuses on Solana (SOL) and includes staking features. This initiative shows that more institutional investors are interested in the cryptocurrency market, especially in Solana, which is a blockchain platform known for being fast and having low transaction costs. The new ETF is designed to let investors directly benefit from

Trump’s Truth Social files for Bitcoin ETF

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Division NYSE Arca of the New York Stock Exchange has filed for an ETF connected to Truth Social, the social networking platform started by former President Donald Trump. Designed to track the price of Bitcoin, the file, Form 19b-4, seeks permission from the Securities and Exchange Commission (SEC) to list and trade the Truth Social Bitcoin ETF. Excluding Trust expenditures and liabilities, the registration statement states the ETF aims to

Bitcoin reaches $110,500 amid Japan’s debt concerns and an increase in gold prices

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Bitcoin has recently reached a new high of $110,545 on Binance, surpassing its previous January peak of $109,588, and is on track to potentially hit $111,000. This surge in Bitcoin’s price is occurring alongside a rise in gold prices, which increased by 0.6% to $3,312 per ounce, reflecting growing concerns over global fiscal stability. The backdrop for this rally includes significant developments in Japan, where long-term bond yields have surged

FTX is set to distribute over $5 billion to creditors starting May 30, 2025

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FTX is preparing to initiate its second round of creditor payouts on May 30, aiming to distribute over $5 billion to eligible claimants, as announced by the company. This payout will be processed through either BitGo or Kraken, with payments expected to reach recipients within one to three business days. This upcoming distribution is part of FTX’s ongoing bankruptcy proceedings and follows the initial payouts that began in February for