Crypto News Summaries
Tether softens its stance on older blockchains after community concerns. USDT will be "unsupported" instead of frozen, allowing transfers but halting new issuance.
Bitcoin Strategy scores a major win as a lawsuit alleging misleading statements about its Bitcoin investments gets dismissed. This landmark victory reinforces confidence in the legal frameworks surrounding corporate crypto holdings.
Rumors of an XRP Ledger fork swirled, but Ripple's CTO, David Schwartz, has set the record straight. He clarifies that forks are a fallback option, rarely leading to growth, as capital consolidates around the dominant chain.
Ethereum's institutional adoption is soaring, fueled by massive ETF inflows and a strategic capital shift. With record trading volumes and growing corporate treasuries, Ethereum's position in mainstream finance is rapidly solidifying.
The U.S. Department of Commerce is leveraging blockchain by partnering with Chainlink and Pyth Network to share macroeconomic data. While Pyth Network exploded, Chainlink saw a slight dip, showcasing crypto's volatile reaction to government adoption.
AI startup Eliza Labs accuses X of stealing its technology to dominate the AI agent market. The lawsuit alleges deceptive practices and anticompetitive behavior, seeking substantial damages and an injunction against X.
Cathie Wood's ARK Invest doubles down on BitMine with a $16M investment, signaling confidence in its Ethereum-focused strategy. BitMine's pivot makes it the largest corporate holder of Ethereum, challenging crypto giants.
Elon Musk's xAI faces a lawsuit from Eliza Labs, accused of monopolistic behavior and stealing intellectual property. The agency AI project alleges xAI coerced them, seeking to replicate their ideas after fostering collaboration.
21Shares launches Hyperliquid ETP, opening doors for institutional investors to tap into the booming DeFi platform. Will this new access fuel further growth and solidify Hyperliquid's dominance in decentralized derivatives?
Bitwise predicts Solana could be the next crypto to hit all-time highs, driven by institutional adoption and a "simple formula" for success. Their long-term forecast sees Solana potentially reaching thousands by 2030, fueled by network growth.
Ethereum's staking platform is facing a massive $5 billion exodus, sparking fears of market instability. Experts debate if this record withdrawal signals an impending crash or a strategic shift in capital.
Bitcoin's market cycle is evolving, and experts predict a significant uptrend resumption in late September 2025. Favorable policy changes, regulatory clarity, and seasonal trends could fuel this surge.
