Cardano’s Pogun initiative targets Bitcoin liquidity through a credit market, yield layer and trust-minimized bridge, but the project remains unfinished after its treasury request expired and its first deadline passed.
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Hyperliquid has generated more than $1.2 billion in fees, while Grayscale’s HYPG ETF expands institutional exposure. Yet token burns, decentralization concerns and regulatory competition still shape HYPE’s long-term outlook ahead.
The European Securities and Markets Authority added 14 firms to its central register of authorised crypto-asset service providers in the update published on July 16, bringing the listed total to 294.
ONDO rose from around $0.31 on July 14 to nearly $0.39 on July 16 as the DTCC and SBI announcements accelerated buying. The token had pulled back to approximately $0.36 at the time of writing on July 17, but it remained roughly 16% above its pre-rally level.
E*TRADE from Morgan Stanley completed the rollout of spot cryptocurrency trading on July 16, allowing eligible US clients to buy, sell, and hold Bitcoin, Ethereum, and Solana through its website and mobile application.
Ethereum is retesting key Fibonacci level after a breakout attempt, with bullish momentum and whale profitability supporting continuation while overhead moving averages keep nearby reversal risk elevated.
J.P. Morgan’s two tokenized money market funds held a combined $871.2 million on Ethereum as of July 15. JLTXX accounted for approximately $769.1 million, or 88.3% of the total, while the earlier MONY fund held roughly $102.1 million.
Strategy CEO Phong Le says the company intends to remain a long-term Bitcoin buyer, even after its first material sales under a new framework that allows the asset to support preferred dividends, debt payments and balance-sheet liquidity.
Morgan Stanley Investment Management filed a third round of amendments with the U.S. Securities and Exchange Commission on July 14 for proposed exchange-traded funds holding ether and solana.
JPMorgan has lowered its earnings estimates for Circle and Coinbase, arguing that their revised USDC arrangement with Hyperliquid exposes a structural weakness in the stablecoin’s distribution model.
The American Bankers Association, Independent Community Bankers of America and 76 state banking associations are urging Senate leaders to revise the Clarity Act before final passage, warning that Section 404 could still let stablecoin rewards reproduce the economic effect of bank-deposit interest.
Strategy raised $466.7 million by selling 4,818,781 shares of its Class A common stock between July 6 and July 12.