Из жизни альткоинов

The Ethereum price had hit a new all-time high above $4,900, but had quickly retraced as a result of heavy selling. This has since turned sentiment around the cryptocurrency toward the negative. However, not everyone is on the bandwagon as crypto analyst JACKIS believes that the digital asset is still bullish. In fact, the analyst explains that the Ethereum price is bullish for years to come, despite saying that one of the major bull market indicators has come to an end.

End Of An Era: Forget The Crypto 4-Year Cycle

The crypto 4-year cycle remains the most prominent of all cycles, having served as a pointer toward each of the previous bull markets. This cycle coincides with the Bitcoin halving, which occurs roughly every four years, and precedes each bull market by a year. This means the year after each Bitcoin halving has often seen the start of a market-wide bull run.

However, this time around, the market seems to be deviating, especially as digital assets such as Ethereum have not followed Bitcoin straight to new all-time highs. This is something that crypto analyst Jackis alludes to in their post, telling investors to forget about the 4-year cycle.

According to the analyst, for Ethereum specifically, the 4-year cycle had ended back in December 2024. This coincides with the year in which Spot Bitcoin and Ethereum ETFs were approved, leading to what many believe is a premature high for Bitcoin, although Ethereum did not enjoy the same fate.

Given this, the analyst believes that investors must evolve with the fact that there is no longer a 4-year cycle for Ethereum. But this does not mean that Ethereum is no longer bullish. Quite the opposite, in fact, as the analyst says Ethereum is bullish for years to come.

Ethereum Price Set For New Highs

With the current state of the market, the analyst points out that the recent rejection from all-time highs has led to a 6th touch of the outlined trendline. However, this is no cause for alarm because historically, there has been an MTF shakeout before an HTF expansion.

In the present case, it is possible for more sell-offs to take the Ethereum price below $4,000 again. This would be a pre-bull market shakeout, leading bears into a possible trap with beliefs that the cycle top is in. But as the analyst explains, the ETH price could rally from here toward highs above $7,000. “If the price wants to immediately continue, then it needs to accept above 21 ATHs straight from here,” Jackis said.

Основатель Cardano Чарльз Хоскинсон (Charles Hoskinson) раскритиковал традиционные платежные системы, в частности, международную систему банковских переводов SWIFT, предположив, что скоро они прекратят свое существование.

The US government further expanded its venture into DeFi by publishing its economic data on-chain via a partnership with Pyth and Chainlink oracles.

This signals growing adoption of blockchain technology and another step towards the continued evolution of the crypto market.

At the same time, as crypto becomes mainstream and network demands soar, the development of Layer 2 blockchains is picking up to solve congestion issues.

Bitcoin Hyper ($HYPER), for example, will create a figurative fast lane in the Bitcoin ecosystem, allowing for high-speed, low-cost transactions. This booming presale is already setting the project up for success with $12.6M+ pouring in from investors.

On-Chain Economic Data to Revolutionize the Crypto Market

Yesterday, the US Department of Commerce published macroeconomic data across 10 blockchains, including Bitcoin, Ethereum, and Solana, with assistance from two of the largest oracles by market capitalization.

Pyth and Chainlink announced the news on their respective websites and social media pages.

The following data are now available on-chain, with annual percent change included:

• Real GDP level,
• PCE Price Index level,
• Real Final Sales to Private Domestic Purchasers level.

Since blockchains only have access to data within their closed networks, oracles like Pyth and Chainlink come in as data bridges, allowing chains to access real-world information.

They thus feed external data, such as the US macroeconomic data in this case, into the network in a secure, verifiable way. Doing so allows the data to be used for further applications, like creating automated trading strategies based on the latest inflation level.

The US putting its macroeconomic data on-chain can also have a dramatic impact on the market, as it will allow traders to react quickly to these figures and make more informed investment decisions.

This also marks yet another phase in blockchain technology’s evolution. With its foundation already firmly established, now’s the time for projects that help build or improve upon them, whether it’s making them more efficient, secure, or expanding their capabilities.

Bitcoin Hyper ($HYPER) is yet another example of this technological shift within crypto. This popular pre-market project is building a Layer-2 to upscale Bitcoin, arguably the most in-demand digital currency today.

Bitcoin Hyper ($HYPER): Paving the Way for Bitcoin’s Next Chapter

Bitcoin Hyper ($HYPER) builds on the current blockchain technology, but strives to make it better.

While the current Bitcoin blockchain is highly secure, it’s also slow and known for its high transaction costs. To solve these issues, Bitcoin Hyper will develop a Layer 2 (L2) to act as a fast lane to the perpetually clogged Bitcoin L1.

Aside from that, the L2 can expand Bitcoin’s utility in ways that weren’t previously possible. For context, Bitcoin has limited programmability compared to Ethereum and Solana.

But Hyper’s smart tweaks, like its Solana Virtual Machine (SVM) integration, bridge the technological gap between old and new blockchain tech.

The entire ecosystem includes three main components: the Bitcoin L1, the Hyper L2 powered by the SVM, and a canonical bridge.

Here’s how they work together:

• First, you deposit $BTC to an address monitored by Hyper’s canonical bridge.
• This automatically mints wrapped $BTC ($wBTC) cross-chain, ready for use on Hyper’s L2.
• The $wBTC value is constantly synchronized between L1 and L2.
• On the L2, you can use your $wBTC to interact with dApps and DeFi protocols.
• To bring your $BTC back to the L1, simply withdraw it to your Bitcoin wallet address.

Since the L2 runs on a Solana Virtual Machine, transactions are much faster and at a lower cost.

Want to learn more? Our ‘What is Bitcoin Hyper’ page goes over the roadmap, audits, tokenomics, and whether or not $HYPER is legit.

Check Bitcoin Hyper’s official page here.

Bitcoin Hyper’s Presale Is Booming: $12.6M+ Raised and Counting

To raise funds for this much-needed Bitcoin upgrade, the project team is running a presale of its $HYPER token.

To date, it has already raised over $12.6M, making it one of the best presales of 2025.

Available for $0.012825, the token will be used for network gas fees, getting exclusive access to on-chain features, and enjoying voting rights when the L2 launches.

Early adopters can also stake their tokens throughout the presale for 88% APY.

According to our Bitcoin Hyper price prediction, $HYPER has the potential to reach as much as $0.32 by late 2025 (a 2395% increase from its current price).

Buying tokens is quick and easy, as Bitcoin Hyper accepts credit/debit cards as well as crypto payments. Our ‘How to Buy Bitcoin Hyper’ guide has all the details you need to get started. Join the Bitcoin Hyper presale today.

The Next Phase of Crypto is Here

With the US government’s growing adoption of blockchain technology, we’re entering a new phase of the crypto economy. Putting macroeconomic data on-chain will revolutionize the way we trade in more ways than one.

In a similar way, Bitcoin Hyper ($HYPER) can fundamentally change how we use Bitcoin.

$HYPER holds long-term utility, from staking to gas fees and governance. And its L2 bringing applications that weren’t previously possible for Bitcoin’s L1 gives this token moonshot potential in 2025 and beyond.

Disclaimer: This is not investment advice. Do your own research and remember that crypto is a high-risk market.

Согласно долгосрочному прогнозу инвестиционной компании Bitwise, курс биткоина  может вырасти до $1,3 млн к 2035 году, в связи с ограниченным предложением BTC и высоким спросом на него среди крупных компаний.

The US Commodity Futures Trading Commission (CFTC) announced on Thursday that American traders will now have access to foreign cryptocurrency exchanges, marking another regulatory breakthrough for the digital asset industry.

US Residents To Trade On Global Crypto Platforms

The CFTC’s Division of Market Oversight released an advisory regarding the foreign board of trade (FBOT) registration framework, which applies to non-US entities such as Binance, Bybit and OKX, legally established outside the United States. 

This framework allows these foreign crypto exchanges to provide direct market access to US residents, enabling them to trade on their platforms. Importantly, this registration framework encompasses all markets, covering both traditional and digital assets. Acting Chair Caroline Pham emphasized the importance of this, stating: 

Today’s FBOT advisory provides the regulatory clarity needed to legally onshore trading activity that was driven out of the United States due to the unprecedented regulation by enforcement approach of the past several years.

Pham noted that the CFTC aims to offer US traders a choice and access to deep and liquid global markets with a diverse range of products and asset classes, particularly beneficial for American companies that had previously relocated to foreign jurisdictions to facilitate crypto trading.

“Starting now, the CFTC welcomes back Americans who want to trade efficiently and safely under CFTC regulations, and opens up US markets to the rest of the world,” Pham added. She described this initiative as part of the ongoing efforts to deliver regulatory wins for the administration.

Strict Standards Ahead

The FBOT registration is not an automatic process, as highlighted by Fox journalist Eleanor Terret, who pointed out on social media  X (formerly Twitter), that offshore crypto exchanges can only serve US customers if they are licensed in their home country and if the CFTC considers that regulatory regime to be comparable. 

This means that while US traders will gain more legal access to global liquidity, foreign cryptocurrency exchanges must still meet specific regulatory standards to operate in the US market.

In 2019, platforms like Binance ceased operations for US users due to regulatory issues that worsened in 2023 with the resignation of former CEO Changpeng Zhao (CZ). Since then, Binance.US has launched for US residents.

Terret asserted that for the cryptocurrency industry, this development represents another step toward regulatory clarity and a significant achievement in the ongoing “crypto sprint” initiated during the Trump administration.

With the announcement, Binance Coin (BNB) jumped back above $876 after dropping below $830 earlier this week. This positions BNB’s price only 3% below all-time high levels of $899.

Featured image from DALL-E, chart from TradingView.com 

Инициатива Buenos Aires Cripto представляет собой пакет мер по интеграции криптовалют в муниципальные услуги Буэнос-Айреса, говорится в заявлении городских властей.

Отдел надзора за рынком Комиссии по торговле товарными фьючерсами (CFTC) опубликовал правила регистрации для иностранных криптобирж, которые планируют предоставлять свои услуги клиентам из США.

Tether has announced USDT is set to see a launch on Bitcoin’s RGB protocol, allowing users to hold BTC and the stablecoin in the same wallet.

Bitcoin Users Will Have Native Access To USDT Via RGB Protocol

As revealed by Tether in a website announcement, its stablecoin USDT will be coming to the RGB protocol. RGB allows users to create, send, and manage smart contracts directly on the BTC blockchain.

The protocol launched on the BTC mainnet in July with its 0.11.1 release. Thanks to this release, stablecoins, non-fungible tokens (NFTs), and community tokens are all now possible natively on the BTC network, just like on Ethereum and other newer blockchains.

Something to note is that RGB isn’t a network layer on top of Bitcoin. Rather, it makes use of only client-side validation to confirm transactions. “RGB operates with no trusted third parties, no federations, no validators, and no coordinators,” said RGB Hub in the 0.11.1 launch announcement.

USDT is the largest stablecoin in the cryptocurrency sector, circulating on a slew of networks, and with Tether’s latest move, the token would finally become accessible to users of the original digital asset, Bitcoin.

Tether noted in the press release:

This announcement underscores Tether’s leadership in expanding the reach of stablecoins and its commitment to ensuring Bitcoin remains not only the original cryptocurrency but also the bedrock for global, everyday money.

So far, the stablecoin issuer hasn’t confirmed any date, but once launched, users will be able to hold and transfer both BTC and USDT directly from the same wallet. Paolo Ardoino, Tether CEO, said:

Bitcoin deserves a stablecoin that feels truly native, lightweight, private, and scalable. With RGB, USD₮ gains a powerful new pathway on Bitcoin, reinforcing our belief in Bitcoin as the foundation of a freer financial future.

In some other news, the Bitcoin spot exchange-traded funds (ETFs) have seen their largest drawdown from the all-time high (ATH) since April, as CryptoQuant community analyst Maartunn has pointed out in an X post.

As displayed in the above chart, the spot ETFs currently have their holdings around $813.9 million down since the peak. These latest outflows have occurred alongside BTC’s price decline.

Another thing that has come with the drawdown in the cryptocurrency is a surge in long liquidations. As quant Frank has noted in an X post, long liquidations recently hit their highest level of dominance in four years.

The last time that long liquidations were this dominant was in May 2021. Back then, bulls were flushed by a massive crash in the Bitcoin price that put the bull run on pause for a few months.

BTC Price

Bitcoin has slowly been climbing up since its low earlier in the week as its price has now reached the $112,400 mark.

An increasing number of asset managers are adopting cryptocurrencies as treasury reserves. Nasdaq-listed Caliber is the latest to join this trend, having recently announced the formal approval of its new Digital Asset Treasury (DAT) Strategy, which features decentralized oracle provider Chainlink (LINK) at its core.

LINK Tokens As Reserve Assets

The announcement came from Caliber’s Board of Directors, which outlined its intention to not only purchase LINK tokens but also engage in activities aimed at maximizing returns from these digital assets. 

With a focus on the token’s long-term appreciation potential, the real state-focused asset manager plans to hold the cryptocurrency as part of its equity portfolio and generate yield through staking, further diversifying its investment strategy.

To support the implementation of this digital asset approach, Caliber has established the Caliber Crypto Advisory Board (CCAB). This dedicated advisory group, composed of experts in digital assets and blockchain technology, will provide guidance on the DAT Strategy and Policy.. 

The DAT Policy itself outlines a framework for the acquisition, custody, and management of digital assets, including specific protocols for security and internal controls. 

The Board believes that adopting this strategy will not only enhance shareholder value but also strengthen the company’s balance sheet and improve liquidity. By holding LINK as a reserve asset.

Additionally, the integration of Chainlink’s technology is expected to streamline key business processes, such as asset valuation and fund administration, further benefiting the company.

Chainlink’s Partnership With US Commerce Department

Chris Loeffler, Chief Executive Officer of Caliber, emphasized the importance of this strategic move, stating, “We believe that implementing a digital asset treasury strategy strengthens our balance sheet and aligns Caliber with the future of digital finance.” 

He noted that this initiative positions Caliber at the forefront of innovation in the real estate and investment management sectors, reinforcing its commitment to becoming a “diversified alternative asset manager.”

To ensure the responsible execution of this strategy, the asset manager said it has collaborated with a team of experts, including legal advisors from Perkins Coie and Manatt, Phelps & Phillips, as well as its existing audit firm, Deloitte.

Caliber’s announcement precedes a significant breakthrough for the Chainlink network, which recently partnered with the US Commerce Department to bring critical macroeconomic data on-chain. 

NewsBTC reported earlier today that following the disclosure of the partnership, LINK’s price experienced a notable surge, reaching approximately $25, reflecting a 6% increase. As of this writing, the Chainlink’s price has dropped toward $24.86, losing earlier gains to a 1.8% increase now recorded in the 24-hour time frame. 

Featured image from DALL-E, chart from TradingView.com 

Investment management firm VanEck’s CEO, Jan van Eck, said on Fox Business yesterday that Ethereum (ETH) is very much “the Wall Street token.” His comments come as ETH hovers near a potential new all-time high (ATH), drawing renewed attention from both retail and institutional investors.

Ethereum Essential For Stablecoin Transfers

In a recent interview with Fox Business, VanEck CEO shared thoughts on ETH’s current momentum – both in terms of price and adoption. The executive said that banks must adopt the smart contract network to facilitate stablecoin transactions.

For the uninitiated, stablecoins are cryptocurrencies designed to maintain a stable value by being pegged to a reserve asset like the US dollar. They combine the speed of crypto with the stability of traditional currencies, making them widely used for payments, trading, and remittances.

Until recently, banks were cautious about stablecoins due to regulatory uncertainty and their association with the broader, volatile crypto market. However, following the passage of the GENIUS Act, attitudes have begun to shift. 

Regulators are now offering a clearer framework for digital asset operations, and commercial institutions are increasingly open to adopting stablecoins as part of their financial infrastructure.

Speaking on Fox Business, Jan van Eck said it is essential for banks and commercial institutions to adopt a blockchain to enable stablecoin movements. Among the several potential candidates, the VanEck CEO thinks Ethereum holds a competitive advantage. He added:

So the winner is, who’s going to be building on these blockchains? It’s going to be Ethereum or something that uses Ethereum kind of methodology, which is called EVM.

This is not the first time VanEck has highlighted Ethereum’s role in the evolving digital economy. In a recent report, the firm suggested that Ethereum could one day surpass Bitcoin (BTC) as the preferred store of value, citing ETH’s declining issuance rate and expanding network utility as key drivers.

Stablecoin adoption has accelerated since Donald Trump’s victory in the November 2024 US presidential election. The state of Wyoming recently launched its own stablecoin, FRNT, marking the first such initiative by a US state government.

Meanwhile, Treasury Secretary Scott Bessent projected that the stablecoin market could grow to as much as $3.7 trillion by 2030. Investment banks are also weighing in as Citigroup recently estimated the market could expand sevenfold within five years.

ETH Adoption Outshines Bitcoin

Ethereum’s broad utility continues to give it an edge over Bitcoin. While BTC remains primarily a store of value and an inflation hedge, ETH powers decentralized finance (DeFi), non-fungible tokens (NFTs), and functions as a global settlement layer for digital payments.

Against that backdrop, an increasing number of firms are actively adding ETH to their balance sheets. For example, SharpLink Gaming recently purchased another 56,533 ETH, increasing its total holdings close to 800,000 tokens.

Recent exchange-traded funds (ETF) data also shows ETH ETFs outperforming their Bitcoin counterparts for seven consecutive days. At press time, ETH trades at $4,473, down 3.2% in the past 24 hours.

Chainlink and the US Department of Commerce (DOC) announced their collaboration to deliver key government macroeconomic data on-chain, aiming to improve transparency and unlock new use cases for blockchain markets.

Chainlink Brings Economic Data On-Chain

On Thursday, the US Department of Commerce and decentralized oracle provider Chainlink unveiled that they had partnered to bring crucial macroeconomic data on-chain from the Bureau of Economic Analysis (BEA).

The new Chainlink Data Feeds aim to deliver critical information around key US economic data points, including Real Gross Domestic Product (GDP), Personal Consumption Expenditures (PCE) Price Index, and Real Final Sales to Private Domestic Purchasers.

Data on the level and percentage change of Real GDP, PCE Price Index, and Real Final Sales to Private Domestic Purchasers are now available on-chain for consumption. This data will be updated monthly or quarterly as applicable.

Additionally, the data will be available across ten blockchain ecosystems initially, including Arbitrum, Avalanche, Base, Botanix, Ethereum, Linea, Mantle, Optimism, Sonic, and ZKsync.

The announcement highlighted that bringing the US government data on-chain “unlocks innovative use cases for blockchain markets,” like automated trading strategies, increased composability of tokenized assets, the issuance of new types of digital assets, real-time prediction markets for crowdsourced intelligence, transparent dashboards powered by immutable data, and DeFi protocol risk management based on macroeconomic factors.

“As the industry-standard oracle platform, Chainlink supports one of the largest ecosystems in Web3, leveraging secure data oracles to build advanced onchain applications—making this work a natural step forward in expanding the scope of trusted data available onchain,” Chainlink wrote.

Earlier this week, US Secretary of Commerce Howard Lutnick revealed that the DOC “is going to start issuing its statistics on the blockchain,” adding that the goal is to create a more open and accessible framework for global markets.

Lutnick shared his plan to bring Gross Domestic Product (GDP) on-chain for enhanced transparency and data distribution across US government departments.  He also highlighted that the initiative aligned with President Trump’s vision to make America the “crypto capital of the world.”

Institutional Adoption Of Blockchain Technology

This development follows the recent push to integrate blockchain technology into federal institutions. As reported by Bitcoinist, the US House of Representatives passed a bill in June to establish a Blockchain Deployment Program, aiming to develop best practices and explore the adoption of blockchain in multiple areas.

Introduced in February by Republican Representative Kat Cammack, HR 1664, also known as the Deploying American Blockchains Act of 2025, directs the US Secretary of Commerce to lead the national efforts, requiring him to serve as the President’s principal advisor for the deployment, use, application, and competitiveness of blockchain and other DLT, and take the actions necessary to support the US leadership in this sector.

The bill, co-sponsored by Democratic Representative Darren Soto, establishes that the Secretary of Commerce must encourage and improve coordination among Federal agencies for the deployment of these technologies to offer federal support.

It’s worth noting that Chainlink Labs has also met with several key US government officials and regulators to provide policy recommendations aimed at accelerating the growth of the blockchain industry.

Notably, their team had several meetings with the Securities and Exchange Commission’s (SEC) staff to address core issues on broker-dealer and transfer agency compliance using public blockchain infrastructure.

Moreover, Chainlink’s founder, Sergey Nazarov, recently met with Tim Scott, the chairman of the Senate Banking Committee, to discuss the highly anticipated market structure bill and how it could enable the rapid growth of the blockchain industry in the US.

South Korea has officially entered the institutional Bitcoin race with Bitplanet, a rebranded firm formerly known as SGA, unveiling a $40 million BTC treasury.

This historic move aligns Bitplanet as the first company in the country to integrate Bitcoin into its corporate reserves, marking a major shift in financial strategy and signaling growing institutional adoption of digital assets.

The transition to Bitplanet followed a corporate restructuring led by Asia Strategy Partners, now the firm’s largest shareholder. The rebranding reflects a bold pivot toward blockchain-driven financial planning, aligning with global trends where corporations increasingly treat Bitcoin as a strategic reserve asset.

South Korea’s First $40M Bitcoin Treasury

By committing $40 million to Bitcoin, Bitplanet has become the first institutional-grade treasury in South Korea to embrace digital assets at scale. The move goes beyond simple diversification; it represents confidence in Bitcoin as a hedge against traditional market risks.

Backed by Asia Strategy Partners, the initiative bridges conventional finance with the digital economy. Analysts suggest this could inspire other South Korean corporations to follow suit, reshaping treasury management practices in the region.

If successful, Bitplanet’s model may serve as a blueprint for future institutional crypto adoption across Asia.

Challenges and Opportunities Ahead

Despite its unique move, Bitplanet faces hurdles. South Korea’s regulatory stance on cryptos remains cautious, requiring firms to deal with evolving compliance rules.

Added to this are Bitcoin’s price volatility and heightened investor scrutiny, which could test Bitplanet’s long-term strategy.

Still, the significance of this launch cannot be overstated. As Asian firms like Japan’s Metaplanet and Korea’s own K Wave Media increase Bitcoin holdings, Bitplanet’s entry solidifies South Korea’s place in the global race toward institutional Bitcoin adoption.

The outcome of its $40 million bet will be closely monitored by investors, regulators, and competitors alike.

Bitplanet’s $40 million Bitcoin treasury marks a turning point in South Korea’s financial history. With strong backing and a bold strategy, the firm positions Bitcoin as more than speculation, emerging as a preferred digital asset in Asia.

Cover image from ChatGPT, BTCUSD char from Tradingview

Efforts to integrate blockchain technology into government operations may soon advance in the Philippines. Senator Bam Aquino announced plans to introduce a bill that would place the country’s national budget on a blockchain platform, aiming to enhance transparency and accountability in public spending.

Speaking at the Manila Tech Summit on Wednesday, Aquino explained that the proposed measure seeks to log all government budget transactions on-chain, where they would be viewable by citizens.

“No one is crazy enough to put their transactions on blockchain, where every single step of the way will be logged and transparent to every single citizen. But we want to start,” Aquino said at the event, according to local media.

In a separate Facebook post, the senator highlighted his interest in using blockchain-based budgeting to ensure that “every peso” in government spending is accounted for.

Aquino noted that if successful, the Philippines could become the first country to implement such a system at a national scale, though he acknowledged uncertainty about the level of support the proposal will receive.

Blockchain in Philippine Public Sector Initiatives

The senator’s remarks follow a recent blockchain-related rollout by the Department of Budget and Management (DBM). Last month, the DBM launched a document validation system on Polygon, which Undersecretary Maria Francesca Del Rosario said was designed to help counter the rise of AI deepfakes and prevent the falsification of official documents.

While it remains unclear whether Aquino’s proposed budget system would be tied directly to this initiative, both efforts suggest a growing interest in applying distributed ledger technology to strengthen public governance.

Globally, governments are experimenting with blockchain to improve transparency, reduce fraud, and streamline processes. For example, US Commerce Secretary Howard Lutnick recently announced plans to begin publishing official economic statistics, including gross domestic product (GDP) figures, on a blockchain.

Similar initiatives are being tested in countries such as Estonia and South Korea, where blockchain has been used for digital identity systems and voting trials.

If implemented in the Philippines, a blockchain-based budget system could introduce new standards of traceability in fiscal management. Each allocation and expenditure could be immutably recorded, enabling oversight bodies, auditors, and the general public to verify the flow of government funds in near real time.

Opportunities and Challenges Ahead

While the potential benefits of blockchain integration in government budgeting are evident, significant challenges remain. Implementing such a system would require strong technical infrastructure, comprehensive legal frameworks, and widespread political backing.

Questions also remain about how sensitive budgetary data would be managed, and whether a fully public ledger or a permissioned blockchain would be more suitable.

Senator Aquino emphasized that the ultimate goal is to build a more accountable public finance system through technological innovation. However, he admitted uncertainty about whether Congress and other stakeholders would support the initiative. “If we’re able to do this, I think we’ll be the first country to have our budget on the blockchain. Of course, I don’t know what kind of support I will get,” he said.

Featured image created with DALL-E, Chart from TradingView

A broad coalition of crypto builders, investors and advocates has asked two Senate committees for clear federal rules to protect software creators and non-custodial service providers working on blockchain networks.

According to the letter, 115 groups signed the appeal to the Senate Committee on Banking and the Committee on Agriculture, and they made one demand plain: without explicit protections, they will not back market structure legislation.

Call For Federal Protections

The signers want lawmakers to make it clear that writing, publishing, or maintaining open-source blockchain software is not the same as running a bank or exchange.

Reports have disclosed concerns that developers could be treated as financial intermediaries even when they never hold user funds.

The letter asks Congress to shield developers from being prosecuted or misclassified under laws such as 18 U.S.C. § 1960.

It also asks that any federal law preempt conflicting state rules so companies and contributors are not left juggling 50 different legal standards.

Bills Praised But Not Enough

According to the coalition, drafts in both chambers already include two measures that move in the right direction: the Blockchain Regulatory Certainty Act and the Keep Your Coins Act.

But the groups argue those drafts fall short on some points and need clearer, stronger language. Based on reports from the signers, the protections must be explicit and nationwide, not partial or open to varying state interpretations. Without that clarity, the letter warns, developers may choose to work elsewhere.

Developer Loss And Talent Flight

The group cited data showing a slide in the share of open-source developers based in the US, from 25% in 2021 to 18% in 2025.

According to a recent report by the President’s Working Group on Digital Assets, reversing that decline is central to making America a leading hub for blockchain work.

The signers say those numbers show how regulatory uncertainty can change where people live and where code is built.

Legal Clarity As A Business Need

The coalition argues that clear rules are also a practical business need. When the legal line between building software and operating financial services blurs, companies and contributors face possible legal exposure.

That creates a cost for startups and volunteers alike. If developers face the risk of civil or criminal action for routine open-source work, projects can slow or stop.

The letter asks Congress to state plainly that creating interfaces or tools that let people self-custody their funds is not, by itself, an activity that should trigger money-transmitter rules.

Bipartisan Support And Next Steps

Signers pointed to past bipartisan moves to protect developers. They noted that 294 members of Congress supported the CLARITY Act when it passed, signaling broad backing for basic safeguards.

Based on the letter, the groups want the Senate to strengthen those protections now, and to do so in a way that covers all states uniformly.

Featured image from Unsplash, chart from TradingView

Data shows stablecoin market cap expansion has slowed to just $1.1 billion recently, signaling weakening liquidity for Bitcoin and other coins.

Stablecoin Market Cap Growth Is Significantly Down Compared To Earlier Highs

According to data from on-chain analytics firm CryptoQuant, stablecoin growth has been cooling recently. “Stablecoins” refer to cryptocurrencies that have their price tied to a fiat currency, with US Dollars being the most popular option.

Investors generally store their capital in the form of these tokens when they want to avoid the volatility that comes with coins like Bitcoin. Many holders who buy into stables, however, eventually plan to venture back into the volatile side of the market. Since stablecoins can potentially be swapped into BTC and other assets, their supply can be looked at as a sort of available “dry powder” for the cryptocurrency sector. As such, expansions in this supply can prove to be a bullish sign.

Now, here is the chart shared by CryptoQuant that shows the trend in the 7-day change in the market cap of the major USD-based stables over the past year:

As displayed in the above graph, the late 2024 bull run was accompanied by a sharp positive change in the market cap of the stablecoins. At the peak, these assets observed weekly net inflows of around $7.7 billion. Another wave of inflows occurred in January of this year, with the metric peaking at $6.6 billion. Since then, the market has seen a cooldown in interest, with inflows into stables staying far from the earlier highs.

From the chart, it’s visible that the sharp burst in capital flows earlier this month could only manage a top of $4.8 billion. The interest also lasted quite briefly, and inflows disappeared soon after. At present, the metric is sitting at $1.1 billion, implying the market cap of the stablecoins is still growing, but clearly, the rate at which it’s happening isn’t close to the previous bull rally.

“Liquidity tailwinds are weaker, limiting Bitcoin’s upside momentum,” explains the analytics firm. It now remains to be seen how long the muted stablecoin inflows would last and whether a pivot to outflows would follow next.

In some other news, the Relative Unrealized Loss held by Bitcoin investors is still quite low even after the latest price decline, as on-chain analytics firm Glassnode has pointed out in an X post.

The Relative Unrealized Loss is a measure of the total unrealized loss held by the Bitcoin investors represented as a percentage of the market cap. At present, the metric’s value stands at just 0.5%, which is quite low compared to past bear markets.

BTC Price

At the time of writing, Bitcoin is floating around $113,400, up almost 2% over the 24 hours.

The most ambitious consensus overhaul foe Solana to date—SIMD-0326, nicknamed “Alpenglow”—has officially moved into the community voting window, a three-epoch process that began at the start of Epoch 840 and will conclude at the end of Epoch 842.

The proposal rewrites Solana’s core consensus, replacing Proof-of-History plus TowerBFT with a modern architecture centered on a direct-vote finality engine (“Votor”). The authors say Alpenglow significantly reduces latency (from 12.8 seconds under TowerBFT to as low as 100–150 milliseconds) while eliminating heavy vote-gossip traffic through off-chain messaging and signature aggregation.

Solana Validators Begin Deciding Future Of Alpenglow

Governance mechanics for SIMD-0326 are unusually explicit. Vote tokens are claimable by validators according to captured stake weights, using a Merkle distributor tool; tokens may be sent to “Yes,” “No,” or “Abstain” accounts. Passage requires a supermajority: the sum of Yes votes is equal to or greater than 2/3 of the total sum of Yes + No votes,” with a quorum of 33% in which abstentions count toward quorum but not toward the Yes/No denominator.

On day one of the window (Epoch 840), early snapshots show modest—but distinctly positive—participation. Multiple market data posts report turnout near 11.5%, with roughly 11.3% of stake signaling “Yes” and negligible “No.” Because the overwhelming share of stake has not yet cast ballots, this should be treated as an initial reading rather than a trend. A public tally dashboard is being maintained by Staking Facilities.

Alpenglow’s design changes go beyond speed. The protocol introduces certificate-based notarization and finalization, aggregates validator votes off-chain to reduce overhead, and rebalances incentives around voting. Notably, the proposal replaces per-slot on-chain vote fees with a fixed “Validator Admission Ticket” (VAT) currently set at 1.6 SOL per epoch and burned—an economic continuity measure intended to keep cost structures comparable to today’s while votes move off-chain.

“Before each epoch, each validator must pay a fixed fee—initially set to 1.6 SOL per epoch,” the authors write, adding that the figure mirrors roughly 80% of current on-chain voting costs. Forum participants have already begun debating whether a flat VAT raises entry barriers for smaller operators, underscoring that the governance discussion is as much about economics as it is about protocol mechanics.

Timing matters for operators and tokenholders following the vote. Solana epochs are approximately two days in length, so a three-epoch voting window implies about six days from start to finish. The network entered Epoch 840 on August 27, 2025, which places the expected end of the voting window around September 2, 2025, when Epoch 842 concludes.

If the supermajority threshold is reached, Alpenglow would clear governance, with subsequent activation depending on client readiness and the standard Solana release process. For now, the focus is on turnout. With ~90% of stake yet to be tallied in the opening snapshot, every validator ballot over the coming epochs will carry outsized weight in determining whether Solana pursues ~150-millisecond finality as its next consensus horizon.

At press time, SOL traded at $215.

A video clip from a Detroit event has been stirring discussion across social media platforms, showing Grammy-nominated rapper Big Sean urging his audience to take a chance on cryptocurrencies. The moment occurred at the Stand With Crypto event in Michigan for its digital asset community, where Big Sean delivered an energetic show. 

However, a call from Big Sean himself to invest in Bitcoin, Ethereum, and Ripple captured even more attention among attendees.

A Clear Message From American Rap Star Big Sean

The video, now making rounds on X, TikTok, Instagram, and YouTube, shows Big Sean addressing the crowd in direct terms. “It’s not too late. Invest in crypto right now. Tonight, if you can. Do that tonight; you’re going to get a return from it. Bitcoin is a good one, Ethereum, Ripple. Invest in that shit, I’m telling y’all right now. This is a free flip. Do it tonight; it’s about to go up,” he said. 

His words drew loud reactions from the audience, many of whom cheered as he listed the leading cryptocurrencies. The event was mostly filled with crypto investors, and attendees explored an NFT gallery and enjoyed the crypto carnival. 

Ripple’s mention on stage stood out because XRP has long been tied to financial institutions, central banks, and cross-border payment systems rather than hype and music culture. Hearing its name echoed from a Detroit stage by a mainstream artist shows just how much the XRP price has grown in recent months. 

Many XRP proponents can argue that the cryptocurrency now belongs in the same conversation as Bitcoin and Ethereum, particularly after its rise in recent months to secure the position of the third-largest cryptocurrency by market capitalization

What may have started as a normal statement from Big Sean quickly grew into one of the most shared moments from the entire event. This shows the type of influence celebrity endorsements have on crypto adoption.

Trend Of Celebrity Crypto Advocacy

Celebrity entertainers and athletes have steadily ventured into the world of cryptocurrency over the past decade. Notably, the movement reached its peak during the 2021 bull run when countless celebrities aligned themselves with cryptocurrencies and NFTs.

Although the wave of crypto projects endorsed by celebrities has slowed down in the current market cycle, high-profile endorsements are still influential. Particularly, the launch of Donald and Melania Trump meme coins provides the best examples of how far digital assets have reached. 

Another notable example is Elon Musk, who is known for his comments on social media endorsing multiple cryptocurrencies. Adding to this mix is Kanye West, who recently entered the sector by launching his own official meme coin called YZY. This has seen a mix of reactions from crypto investors, with some critics calling it another celebrity-backed gimmick.

At the time of writing, XRP is trading at $3.

Ripple has just scored a significant victory in Asia as one of China’s most prominent financial technology companies makes a big move. The partnership adds to Ripple’s momentum in Asia as Linklogis, a well-known fintech powerhouse, has announced it will move its trillion-dollar supply chain finance platform to the XRP Ledger (XRPL). 

Linklogis Moves Trillion-Dollar Finance Platform To XRPL

WhaleWire, a popular crypto monitoring account, announced on X that Linklogis has selected the XRP Ledger to support its extensive supply chain finance ecosystem. The company operates a trillion-dollar platform and is now moving these operations onto XRPL. WhaleWire states that XRPL powering real-world assets, global payments, and trade finance is a victory for XRP.

The scale of Linklogis’ operations is already massive. In 2024, the platform processed RMB 20.7 billion, equivalent to approximately $2.9 billion, in cross-border assets across 27 countries. Handling flows at this size requires a strong solution, and Linklogis chose XRPL to meet the demand for high throughput and instant settlement.

Through this move, Linklogis will be able to place invoices and receivables directly on the blockchain by turning them into digital tokens. The tokenization process will enable businesses that work with Linklogis to trade and settle these financial documents more quickly and with reduced risk. With each move tracked and protected on the blockchain, the collaboration with XRPL could add reliability to trade assets.

Both Ripple and Linklogis will now work together to roll out the Linklogis global digital supply chain finance application on XRPL’s mainnet. As part of the plan, Linklogis will fully integrate its global platform into XRPL, allowing digital assets tied to real trade flows to be issued and settled on-chain.

After taking this first step, Ripple and Linklogis also plan to explore new ways of collaborating. These new areas could expand XRPL’s technical capabilities in enterprise-grade financial systems, including stablecoins, smart contracts for trading supply chain assets, and the use of artificial intelligence in conjunction with blockchain in trade finance. 

Ripple Expanding Deeper Into Asia’s Financial Infrastructure

This development with Linklogis is part of Ripple’s rapid expansion in Asia. In South Korea, a custody provider called BDACS has launched institutional-grade XRP storage, which supports major cryptocurrency exchanges in compliance with local regulations. In Japan, SBI Holdings is preparing to list Ripple’s XRP stablecoin, while also exploring the launch of yen-backed digital tokens.

 

Ripple is also backing innovation through the Web3 Salon, where it provides grants of up to $200,000 for projects built on the XRP Ledger. With Linklogis now integrating XRPL into one of China’s largest fintech ecosystems, Ripple’s technology could gain a deeper foothold in Asia’s financial landscape. Although China bans domestic cryptocurrency activities, Linklogis can still apply blockchain technology to its global supply chain business, using XRPL for international needs. 

Ethereum has faced heightened volatility after setting new all-time highs, with the price retracing to lower levels in recent sessions. The sharp swings have tested investor sentiment, but beneath the surface, institutional demand and whale accumulation continue to tell a different story. Despite the pullbacks, big players are buying Ethereum aggressively, signaling confidence in its long-term trajectory.

Data from Lookonchain confirms this trend, revealing that whales and institutions have been steadily adding ETH to their holdings at a rapid pace. This wave of accumulation stands in sharp contrast to the short-term price fluctuations, suggesting that well-capitalized investors view the current environment as an opportunity rather than a risk. Their activity provides a strong foundation for market stability and sets the stage for potential upside.

Analysts argue that this institutional participation is only the beginning of a broader trend. With Ethereum cementing its role as the backbone of decentralized finance and institutional-grade infrastructure, many believe its rally is far from over. Some forecasts now point to ETH climbing above $5,000 in the near future, fueled by persistent demand and expanding adoption. For investors, Ethereum’s story is increasingly about accumulation and positioning for what may come next.

Institutions Keep Accumulating Ethereum

According to Lookonchain, fresh onchain data from Arkham Intelligence highlights a major wave of Ethereum accumulation that underscores the confidence of large players. Over the past 30 hours, four newly created wallets — possibly linked to BitMine — received a total of 78,891 ETH, worth approximately $358.16 million, directly from FalconX. These inflows mark yet another sign that whales and institutions are positioning aggressively, even as volatility continues to test short-term sentiment.

This buying trend is not new, but its scale and consistency strengthen Ethereum’s bullish case. Analysts note that persistent institutional demand provides a firm foundation for ETH’s price structure, helping the asset absorb market swings while setting the stage for potential upside. With this type of accumulation underway, many market watchers argue that it is only a matter of time before Ethereum breaks decisively above the $5,000 level.

Such a move could carry broader implications beyond Ethereum itself. For years, traders have speculated that a clear breakout in ETH could act as the catalyst for the long-awaited “altseason,” where capital rotates into the wider altcoin market. With Ethereum already leading the way — surging more than 250% since April — the stage appears set for another cycle-defining moment.

Price Action Details: Bullish Consolidation

Ethereum is trading around $4,600 after bouncing from recent lows near $4,400, showing resilience despite heightened volatility. The 4-hour chart highlights a constructive structure, with ETH now holding above the 50-day ($4,533) and 100-day ($4,493) moving averages. This defense suggests that buyers are maintaining control of key levels, keeping the broader uptrend intact even after sharp retracements.

The price action also shows ETH consolidating just below resistance near $4,800, the level that capped its last rally. A decisive breakout above this zone would be crucial for momentum, potentially opening the door for a retest of the $5,000 psychological barrier. Analysts see this level as the trigger that could spark renewed bullish sentiment and extend Ethereum’s rally into price discovery.

If ETH loses support at $4,500, the market could see another dip toward $4,300, where the last strong demand emerged. Below that, the 200-day moving average at $4,146 serves as the ultimate safeguard for the current trend.

Ethereum’s consolidation reflects balance: bulls are defending higher lows, while resistance at $4,800 remains the key ceiling to break. The next move above or below these levels will likely define ETH’s short-term trajectory.

Featured image from Dall-E, chart from TradingView

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