Author: Ibrahim Abdulaziz Adan

Charles Hoskinson will announce the Midnight airdrop launch date at Rare Evo from August 6-10 in Las Vegas.  The distribution includes 24 billion NIGHT tokens across 37 million eligible wallets, with ADA holders receiving 50% of the supply.  Token holders will have 60 days to claim their free NIGHT tokens once the distribution begins. The highly anticipated Midnight airdrop distribution is set to become one of the largest cryptocurrency events of 2025. Charles Hoskinson, founder of Cardano, will announce the official launch date during the upcoming Rare Evo convention in Las Vegas. Midnight represents a privacy-focused sidechain built on the…

ENA tokens jumped 15% as USDe stablecoin became the third-largest with a $9.3 billion market cap. Ethena protocol now ranks sixth in DeFi with over $9.47 billion total value locked and strong revenue growth. Investors should watch for volatility from $101.87 million in token unlocks this week. Ethena’s native token ENA has gained 15% in 24 hours, pushing its price above $0.61 as the protocol’s USDe stablecoin achieves significant market milestones. The rally comes amid strong institutional demand and expanding DeFi adoption across the Ethereum ecosystem. USDe Stablecoin Reaches $9.3 Billion Market Cap USDe has experienced explosive growth, with its…

A Bitfinex whale buys 300 Bitcoin daily using a systematic TWAP strategy while Bitcoin crashed below $113,000 during the weekend correction. Bitcoin dropped 8.97% from its July peak of $123,091, and altcoins like Ethereum, XRP, and Solana fell over 4% in 24 hours. The market decline stems from macroeconomic concerns, including Trump tariffs, weak US jobs data, and the Fed maintaining current interest rates. A significant Bitcoin whale on Bitfinex has initiated an aggressive accumulation strategy, purchasing 300 BTC daily while the cryptocurrency market experiences a steep weekend correction. The buying spree comes as Bitcoin prices crashed below $113,000, triggering…

The SEC opened public comment periods for Grayscale and Bitwise XRP ETF applications with an August 22 deadline.  Both funds received Trading Division approval but face stay orders that keep them from launching.  Grayscale argues that the SEC lacks authority to enforce the stay order and claims automatic approval under federal law. The Securities and Exchange Commission has initiated a formal review process for two cryptocurrency funds that include XRP holdings, marking a significant development in the spot XRP ETF approval timeline. The regulatory agency announced comment periods for Grayscale’s Digital Large Cap Fund and Bitwise’s Crypto Index Fund through…

BlackRock’s Director of Digital Assets will speak at Ripple’s Swell 2025 conference in November, sparking speculation about a potential XRP ETF filing. Analysts predict BlackRock will expand beyond Bitcoin and Ethereum ETFs since the company cannot ignore the top-five crypto assets while maintaining market leadership. Ripple’s SEC legal battle may be resolved by August 15, and this regulatory clarity could remove major barriers for XRP ETF approvals. Digital assets researcher Anderson has predicted that BlackRock may file for an XRP exchange-traded fund following the announcement that a senior BlackRock executive will appear at Ripple’s flagship conference. Ripple unveiled the speaker…

Once the claim window opens, XRP holders will receive 1.2 billion NIGHT tokens from a 24 billion total supply.  The snapshot was taken on June 10 and captured 37 million eligible wallets across eight blockchains.  The launch date will be announced at Rare Evo in August, and final distribution will happen in late 2025. The highly anticipated XRP NIGHT token airdrop continues to generate significant buzz in cryptocurrency as millions of eligible holders await the official launch. Charles Hoskinson confirmed at Consensus 2025 that XRP holders will receive 5% of the total NIGHT token supply, totaling 1.2 billion tokens. The…

Metaplanet plans to raise $3.7 billion through perpetual preferred shares to buy more Bitcoin and reach its goal of 210,000 BTC by 2027.  The company recently bought 780 Bitcoin and now holds 17,132 BTC worth $1.73 billion.  The stock dropped 7.65% after the announcement but gained 115% over six months. Japanese investment firm Metaplanet has announced plans to raise $3.7 billion through perpetual preferred stock issuance to accelerate its Bitcoin acquisition strategy. The company will seek shareholder approval for this massive funding initiative at an upcoming Extraordinary General Meeting (EGM). CEO Simon Gerovich revealed the proposal on social media, outlining…

Canton Network added Bitcoin DeFi startup Maestro as its newest validator and brought the total validator count to 247 nodes.  Maestro will secure six major dApps on Canton and provide specialized Bitcoin infrastructure for institutional users.  Canton recently raised $135 million to bridge traditional finance with blockchain technology through compliant, institutional-grade solutions. Canton Network announced the addition of Maestro, a prominent Bitcoin DeFi infrastructure startup, to its validator network. This strategic partnership strengthens Canton’s position as a leading institutional blockchain platform while expanding Bitcoin-focused capabilities for traditional financial institutions exploring digital assets. The move brings Canton’s active validator count to…

Trump imposed tariffs on 60+ countries ranging from 10% to 50%, effective August 7, with Canada facing 35% rates.  The crypto market crashed, liquidating $577 million in long positions, hitting Ethereum hardest at $168.9 million.  Southeast Asian countries face the steepest tariff rates, with Syria at 41% and Myanmar at 40%. President Donald Trump’s sweeping tariff announcements have sent shockwaves through the cryptocurrency market, triggering massive liquidations and widespread investor panic. The Trump administration announced new tariffs on more than 60 countries, ranging from 10% to 50%, effective August 7, according to the latest New York Times report. Countries with…

Coinbase will launch tokenized stocks and prediction markets in the U.S. within months.  The company purchased 2,509 BTC in Q2 2025 and now holds 11,776 BTC total.  COIN shares declined in post-market trading following the earnings report. Coinbase announced plans to expand beyond cryptocurrency trading by launching tokenized stocks, prediction markets, derivatives, and early-stage token sales for U.S. users in the coming months. The exchange aims to transform into a comprehensive financial platform that bridges traditional and digital assets. During a CNBC interview, the company’s Vice President of Product, Max Branzburg, revealed the expansion strategy. The newly imagined “everything exchange”…