Author: Ibrahim Abdulaziz Adan

Nasdaq filed with the SEC to add staking capabilities to BlackRock’s Ethereum ETF, and approval could come as early as Q4 2025.  Ethereum ETFs hit record inflows of $726 million in one day, with BlackRock leading at $499 million.  The filing follows the SEC’s approval of the first staking ETF and signals growing institutional acceptance of crypto investment products. Nasdaq has submitted a proposal to the Securities and Exchange Commission requesting approval to add staking capabilities to BlackRock’s iShares Ethereum Trust (ETHA). The filing seeks to remove existing restrictions that prevent the ETF from staking its Ethereum holdings. The proposal…

The Trump administration is considering eliminating the capital gains tax on Bitcoin transactions under $600.  The House passed major crypto legislation with strong bipartisan support, including the CLARITY Act and GENIUS Act.  Several countries like Thailand and Germany already have crypto-friendly tax policies in place. White House Press Secretary Karoline Leavitt confirmed that the Trump administration is considering a de minimis tax exemption for Bitcoin and crypto transactions under $600. This potential policy change would eliminate capital gains tax reporting requirements for smaller cryptocurrency payments, making digital assets more practical for everyday purchases. The exemption would allow American crypto users…

XRP hit a new all-time high of $3.66 and gained 40% in one week as Trump prepares to sign the GENIUS Act today.  Trading volume surged 140% to $39.6 billion while open interest increased 18% to $10.5 billion.  The legislation creates the first federally regulated stablecoin system with Ripple’s RLUSD as a key component. XRP has reached a new all-time high of $3.66, surpassing its previous record of $3.40 from eight years ago. The cryptocurrency has gained nearly 40% in the past week alone, pushing its market capitalization above the $200 billion milestone. The surge comes as President Trump prepares…

The House passed three major crypto bills, including the GENIUS Act, with strong margins, and Trump will sign the stablecoin legislation tomorrow at 2:30 p.m. EST. The bills create comprehensive regulations for stablecoins, define SEC and CFTC roles, and prevent the Federal Reserve from issuing a central bank digital currency. After the votes, Bitcoin broke above $120,000, and XRP also surged as the crypto industry celebrates this regulatory breakthrough after years of uncertainty. The U.S. House of Representatives has delivered a massive victory for the crypto industry by passing three major cryptocurrency bills during Crypto Week. The GENIUS Act will…

Trump is preparing an executive order to allow the $9 trillion US retirement market to invest in Bitcoin and crypto.  The order would remove regulatory barriers and create legal protections for 401(k) plan administrators offering these investments.  Major firms like BlackRock and Blackstone expect billions in new capital once the rule takes effect. President Donald Trump is preparing to sign an executive order allowing the $9 trillion US retirement market to invest in Bitcoin, gold, and private equity. This week, the order could be signed to clear regulatory hurdles for alternative asset investments in 401(k) accounts. The proposed executive order…

The Pudgy Penguins deployer moved 1.5 billion PENGU tokens worth $45.56 million to exchanges between July 11 and 17.  Traders worry about potential selling pressure, but the deployer still holds 9.541 billion tokens worth $299 million.  PENGU has performed well recently due to mobile game announcements and potential ETF filing, though the large transfers create short-term uncertainty. The Pudgy Penguins (PENGU) deployer wallet has moved 1.5 billion tokens valued at approximately $45.56 million to centralized exchanges, sparking concerns about potential market volatility. Blockchain analytics firm Arkham Intelligence documented the transfers, which occurred between July 11 and July 17, 2025. The…

The House passed a procedural rule 217-212 after the longest vote in congressional history, and both crypto bills now move to final floor votes.  Republican holdouts changed their stance after Trump secured anti-CBDC language in the CLARITY Act.  The GENIUS Act could become law this week if it passes final voting. The U.S. House of Representatives has cleared a major procedural hurdle for digital asset regulation, advancing the CLARITY Act and GENIUS Act following the longest recorded vote in congressional history. The marathon session lasted nearly ten hours, setting the stage for final floor votes that could occur as early…

Bitcoin dropped $7,000 this week, but institutions bought more instead of selling.  US Bitcoin ETFs are buying Bitcoin faster than miners can produce it, creating a supply shortage.  Due to strong institutional demand, analysts predict Bitcoin could reach $130,000 to $135,000 within six months. Bitcoin institutional investors demonstrated unprecedented resilience this week as BTC price action briefly dipped below $116,000 on Tuesday. Despite the sharp correction, large-volume investors increased their positions rather than fleeing the market. Data from onchain analytics firm Glassnode reveals a fundamental shift in institutional behavior. The $7,000 price drop that would have triggered massive outflows in…

BigONE exchange lost $27 million in a supply chain attack that compromised hot wallets and affected multiple cryptocurrencies, including BTC, ETH, and SHIB.  The exchange suspended deposits and withdrawals but promised full user compensation.  Security firm SlowMist is helping trace the stolen funds while BigONE implements additional security measures. Cryptocurrency exchange BigONE confirmed a major security breach on July 16, 2025, resulting in losses exceeding $27 million. The attack targeted the platform’s hot wallet through a sophisticated supply chain exploit that compromised internal systems. The hacker gained unauthorized access by infiltrating BigONE’s production network and manipulating the server operating logic…

PENGU token jumped 117% in one week and reached a $2 billion market cap as excitement builds for the Pudgy Penguins mobile game launch.  The token surged from $0.02897 to $0.03456 after Coinbase used a Pudgy Penguins NFT as its profile picture.  Technical indicators show the token is overbought and may face a correction, with key support at $0.031 and resistance at $0.038. The official meme coin of Pudgy Penguins, PENGU, has experienced significant price appreciation as anticipation grows for the franchise’s upcoming mobile game release. The token rallied from $0.02897 to $0.03456 within 24 hours before settling at $0.03242,…