Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
đźš« GENESIS SOLD OUT
DAPAPAY COMING ›

Crypto World

Crypto VC market stays active while DeFi funding falls to new low

Published

on

Crypto fundraising chart shows monthly funding peaking at $3.89 billion in May 2026.

Crypto venture funding has reached $1.2 billion in July even as DeFi investment has fallen to its lowest quarterly level since late 2023.

Summary

  • Crypto startups have raised $1.2 billion in July despite a sharp decline in deal activity.
  • Coinbase Ventures led investor activity as exchanges, prediction markets, payments and AI attracted major funding.
  • DeFi funding fell for three straight quarters, with deal numbers reaching their lowest since 2020.

CryptoRank data shows that investors completed roughly 25 funding rounds in July as of July 20, keeping capital active despite a sharp decline in the number of announced deals.

Monthly fundraising has moved unevenly throughout 2026. According to CryptoRank, crypto companies raised $1.14 billion in January before the total slipped to $896.3 million in February. Funding then climbed to $2.2 billion in March, supported by roughly 85 deals, the highest monthly count shown in the six-month chart.

Advertisement
Crypto fundraising chart shows monthly funding peaking at $3.89 billion in May 2026.
Source: CryptoRank

April brought the sharpest reversal of the year. CryptoRank recorded $698.2 million for the month, while an earlier crypto.news report placed the amount at $659 million across 63 funding rounds. The crypto.news figure represented a 74% decline from March’s roughly $2.6 billion and 84 deals, taking monthly funding back toward levels last seen in 2024.

Differences between the two April totals may result from later database updates or varying methods used to classify deals. CryptoRank’s current chart nevertheless confirms the same direction: both the amount raised and the number of completed rounds fell sharply after March.

Funding rebounded to $3.89 billion in May, the highest monthly total in CryptoRank’s six-month view. Although the number of deals remained below March’s peak, larger transactions pushed the total well above every other month shown in the dataset.

By June, fundraising had cooled to $1.44 billion as the monthly deal count fell to about 60. CryptoRank’s partial July reading of $1.2 billion has come with a further decline to around 25 rounds, suggesting that a smaller pool of transactions is accounting for much of the capital raised.

Advertisement

Major crypto investors have continued backing selected projects

Coinbase Ventures has remained the most active fund in CryptoRank’s six-month ranking, participating in 33 investments and leading one of them. The data does not provide the value of those transactions, but the deal count places Coinbase Ventures well ahead of other funds tracked during the period.

Coinbase Ventures leads active crypto investors as exchanges attract the most funding.
Source: CryptoRank

Animoca Brands ranked second with 19 deals, followed by Andreessen Horowitz’s a16z crypto with 18 and Tether with 17, according to CryptoRank. Becker Ventures, Castrum Capital and Galaxy each participated in 10 transactions, while GSR, YZi Labs, Y Combinator and Circle Ventures completed nine apiece.

Paradigm also remained active with eight investments, according to the same ranking. Earlier in July, crypto.news reported that Paradigm had raised $1.2 billion for its fourth fund, giving the firm fresh capital for investments across crypto, artificial intelligence, robotics, software and hardware.

Co-founder Matt Huang and managing partner Alana Palmedo announced the vehicle on July 8. Paradigm described the mandate as an expansion into other technology markets rather than a withdrawal from digital assets, telling investors that the firm would continue investing “first in crypto.”

Across individual categories, exchanges attracted the most capital during CryptoRank’s six-month period, raising about $2.5 billion. Prediction markets followed with roughly $1.9 billion, while payments secured around $1.6 billion and AI projects collected approximately $1.3 billion.

Advertisement
Crypto VC chart shows exchanges, prediction markets and payments receiving the most capital.
Source: CryptoRank

Blockchain companies raised close to $767 million, according to CryptoRank’s category ranking, while infrastructure projects secured $533 million. Mining and compute companies attracted $433 million, followed by brokerages at $393 million and real-world asset projects at $340 million.

Geographically, the United States remained the most active crypto VC jurisdiction with 249 projects over the past six months, CryptoRank data shows. The United Kingdom followed with 67 projects, while Singapore recorded 57, China 32 and Japan 30. Canada accounted for 16 projects, compared with 14 in the United Arab Emirates and 12 in the Seychelles.

World map shows the United States leading crypto VC activity with 249 projects.
Source: CryptoRank

DeFi funding has fallen behind competing crypto sectors

DeFi projects raised about $654 million during the six-month period, placing the sector behind exchanges, prediction markets, payments, AI and blockchain in CryptoRank’s category table. The total also shows that DeFi continued receiving capital even as its position within the venture market weakened.

Quarterly data from CryptoRank shows that VC investment in DeFi has declined for three consecutive quarters. The latest quarterly amount fell to its lowest level since the fourth quarter of 2023, while the number of DeFi funding rounds in the second quarter of 2026 dropped to its lowest point since 2020.

CryptoRank’s figures indicate that investors have become more selective when backing DeFi companies, with fewer projects securing financing despite continued activity elsewhere in the crypto market. At the same time, the concentration of funds in exchanges, prediction markets and payments shows where investors committed the largest sums during the measured period.

The recent numbers leave the overall crypto VC market active but uneven. CryptoRank’s monthly data shows that capital can still rise rapidly when large deals close, while falling deal counts and weaker DeFi financing point to tighter competition among early-stage projects.

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

UK Inquiry Probes Banking Barriers Facing Crypto Firms

Published

on

UK Inquiry Probes Banking Barriers Facing Crypto Firms

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.

All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Source link

Advertisement
Continue Reading

Crypto World

David Schwartz Regrets Selling XRP at 10 Cents as Price Broke $1.10 Resistance

Published

on

xrp logo

Ripple CTO Emeritus David Schwartz just reminded the market why conviction is the hardest edge to hold. XRP price is trading around $1.12, up about 1% over the past 24 hours after reclaiming the $1.10 level. That move has shifted momentum back toward the bulls, making the timing of Schwartz’s admission hit a little closer to home.

In yesterday’s post on X, Schwartz confirmed he sold XRP at $0.10 and unloaded 40,000 ETH at roughly $1.05 each. Those decisions came from a risk reduction agreement with his wife, not from losing faith in either asset. As every trader eventually learns, your portfolio rarely argues with your spouse and wins.

“Obviously, I wish I hadn’t done those things,” Schwartz wrote. He added that he genuinely dislikes financial risk and followed a rule to sell whenever an asset reached a new all-time high. Later, he admitted that assigning even a 1% chance to Ethereum reaching $2,368 would have kept him from selling at $1.05. The same lesson applies to XRP, which has long left that $0.10 exit behind.

Advertisement

The irony has not gone unnoticed. XRP is climbing after reclaiming a key technical level just as Schwartz reflects on selling too early. It is a familiar reminder that timing the market sounds easy until the market starts proving you wrong. Sometimes the hardest trade is simply doing nothing.

Discover: The Best Token Presales

Can XRP Price Push Toward $1.50 After Breaking $1.10 Resistance?

The current $1.12 level is now the line in the sand. Buyers pushed XRP from around $1.08 to roughly $1.12, locking in a modest daily gain. The next job is keeping that level as support, which is never automatic after weeks of heavy selling. Momentum has improved, but the market still wants proof.

Advertisement

Meanwhile, the daily RSI remains near oversold territory, while a TD Sequential buy signal on the three-day chart hints that bearish momentum may be fading. That points to possible trend exhaustion instead of a confirmed breakout. Sometimes the first bounce grabs attention, but the second one earns respect.

Institutional demand also remains part of the story. XRP ETPs recently attracted nearly $40 million in fresh inflows, lifting assets under management to about $2.6 billion. At the same time, spot trading volume jumped sharply during the move above $1.10, suggesting larger players were not sitting on the sidelines.

Xrp (XRP)
24h7d30d1yAll time

Three scenarios remain in play. The bullish case sees $1.12 holding as support before XRP clears price resistance around $1.18. If buyers keep pressing, a sustained move above $1.20 could expose the $1.30 to $1.35 region next. One green candle is nice. A few more are what pay the bills.

The base case is a period of consolidation between $1.10 and $1.18 while the market confirms that selling pressure has eased. However, a daily close below $1.10 would shift attention back to the $1.04 to $1.08 support zone. The late session volume surge showed buyers arrived with conviction, but one good session alone does not make a lasting trend.

Advertisement

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Bitcoin Hyper Targets Early-Stage Entry as XRP Tests Critical Levels

XRP at $1.13 is a better position than Schwartz’s $0.10 exit, but at a $70 billion+ market cap, the asymmetry available at genuine early stages simply isn’t there anymore. That’s the structural trade-off every trader running rotational strategies weighs when an asset reclaims resistance rather than breaks into discovery.

The question isn’t whether XRP can go higher; it’s whether the risk-reward at current prices matches what early participants captured.

Advertisement

Bitcoin Hyper is positioning itself in a different part of the risk spectrum entirely. The project is building the first Bitcoin Layer 2 with full SVM integration, meaning Solana Virtual Machine-grade smart contract execution anchored to Bitcoin’s security model, targeting performance that competes with Solana’s throughput while preserving BTC’s trust layer.

The presale has raised $32.9 million at a current token price of $0.0136834, with a staking program live for participants. That combination of infrastructure utility and early pricing is the setup Schwartz described missing, except it’s available now, not in retrospect.

Research Bitcoin Hyper before committing capital.

Discover: The Best Crypto to Diversify Your Portfolio

Advertisement

The post David Schwartz Regrets Selling XRP at 10 Cents as Price Broke $1.10 Resistance appeared first on Cryptonews.

Source link

Continue Reading

Crypto World

Coca-Cola Used AI to Make Itself More Coca-Cola

Published

on

Zero Sugar Beverages Market

Coca-Cola shares edged higher on July 20 after the beverage giant unveiled a new global brand identity built around artificial intelligence design tools. The stock (NYSE: KO) closed at $82.12, up 0.69% on the day.

Investors read the refresh as a bet on Coca-Cola’s higher-margin, zero-sugar lineup heading into next week’s earnings report.

Make Coca-Cola More Coca-Cola

The company’s new identity leans on assets consumers already recognize. Rather than replace them, the company increased the visual weight of its red and white palette, the Spencerian script, the Dynamic Ribbon, and the Arden Square symbol across packaging, retail displays, and digital platforms in more than 200 markets.

Executives described the goal as making “Coca-Cola more Coca-Cola.” The rollout has already reached parts of Europe, the Middle East, and India. Latin America and Asia will follow through 2027. The company is betting that consistency, not a full redesign, will keep the brand recognizable to shoppers.

Advertisement

AI Design Tools and the Zero Sugar Refresh

Behind the redesign sits a new brand center paired with AI-powered design tools. The tools serve the company’s internal teams and outside agencies alike.

The system is meant to standardize creative output across markets and speed internal approvals. Coca-Cola Zero Sugar gets its own visual cues, too. The refresh adds larger “Zero Sugar” text, a black Dynamic Ribbon on cans, and a black bottle cap on PET bottles.

Zero Sugar Beverages Market
Zero Sugar Beverages Market. Source: FMI

Analysts view the packaging shift as a deliberate push toward the company’s higher-margin zero-sugar lineup. Demand has shifted away from full-sugar sodas, and that category remains a company priority.

Coca-Cola Co. (KO) stock chart
Coca-Cola Co. (KO) stock chart. Source: TradingView

Wall Street’s Earnings Season Test

Coca-Cola’s report lands in the middle of a packed earnings season. Apple stock is drawing attention over whether upcoming results can push shares past a $5 trillion valuation. Sentiment elsewhere is split.

Jim Cramer moved to dump tech stocks ahead of Intel, Tesla, and Alphabet results. JPMorgan’s Jamie Dimon has flagged reservations about broad market exposure. Not every reaction has been kind.

Advertisement

Kioxia shares tumbled despite bullish analyst coverage. SpaceX stock slid after a launch delay, proof that operational news can move prices as much as financial results. Against that backdrop, investors have a rare qualitative signal to parse before Coca-Cola’s July 28 numbers land.

Coca-Cola’s rebrand alone won’t move sales. It signals a bet that consistent branding and AI-assisted design oversight can support premium pricing on its zero-sugar lineup. Wall Street will find out on July 28 whether that bet shows up in the numbers.

The post Coca-Cola Used AI to Make Itself More Coca-Cola appeared first on BeInCrypto.

Advertisement

Source link

Continue Reading

Crypto World

Crypto Markets Add $70B Daily as Bitcoin’s Price Hits Monthly High: Market Watch

Published

on

Bitcoin’s price rebounded swiftly after the Monday morning dip below $64,000 and has gained over two grand since then, climbing to a monthly peak of over $66,000.

The altcoin space has turned green as well. ETH is inching closer to $1,950, XRP is testing the $1.13 resistance, while ADA has stolen the show from the larger caps.

BTC Sees Monthly Peak

The previous business week began on a familiar note, as BTC priced in the weekend attacks in the Middle East and dropped below $62,000 from over $64,000. The bulls stepped up after the favorable CPI data for June, pushing the asset to $65,500 for the first time in three weeks.

However, its progress stalled there, and bitcoin dipped to $62,500 by Friday. Nevertheless, the bulls were more persistent once again and initiated an immediate recovery right before and during the weekend, in which the cryptocurrency climbed back to $64,000.

Advertisement

It tried to take down $65,000 on Sunday, but it was stopped and dropped once again on Monday morning. This time, it was a lot less painful, and it quickly rebounded from the daily low of $63,750.

It jumped past $65,500 earlier today before another leg up drove it to its highest price tag since June 17 at $66,300. It remains above $66,000 as of press time, and its market cap has jumped to $1.330 trillion on CG. Its dominance over the alts is also on the rise, currently at 57.2%.

BTCUSD July 21. Source: TradingView
BTCUSD July 21. Source: TradingView

Alts Turn Green

As mentioned above, green dominates almost all altcoin charts. Ethereum is challenging the $1,950 level before a potential run to $2,000. BNB has neared $580, while XRP and HYPE are up by approximately 4% daily. DOGE, ZEC, and XLM have marked similar gains, while Cardano’s native token has exploded by over 8% and now trades at a local peak of $0.175.

Impressive daily increases are evident from BCH, UNI, AAVE, DOT, and WLD. ONDO has rocketed by over 14% and sits close to $0.40.

The cumulative market capitalization of all crypto assets is up by $70 billion in a day. The metric has climbed to $2.320 trillion for the first time in a month.

Advertisement
Cryptocurrency Market Overview July 21. Source: QuantifyCrypto
Cryptocurrency Market Overview July 21. Source: QuantifyCrypto

The post Crypto Markets Add $70B Daily as Bitcoin’s Price Hits Monthly High: Market Watch appeared first on CryptoPotato.

Source link

Continue Reading

Crypto World

194,000 Addresses Traded Polymarket’s World Cup Market and Most Lost

Published

on

Polymarket Trader Profit and Losses in the World Cup Market

Polymarket’s World Cup winner market attracted more than 194,000 unique addresses, but roughly two-thirds finished underwater.

The World Cup closed with Spain beating Argentina 1-0 in the July 19 final. Data compiled by an analyst shows the payouts concentrated among a handful of large winners. Meanwhile, most participants recorded only marginal gains or losses.

Where the World Cup Profits Went on Polymarket 

Nearly 130,000 addresses finished the market in the red, about 66.7% of all participants. Nonetheless, most of the damage stayed small. 

A total of 114,126 addresses each lost under $100, with an average loss of less than $10. At the other extreme, 43 addresses lost more than $100,000, shedding a combined $15 million.

Advertisement
Polymarket Trader Profit and Losses in the World Cup Market
Polymarket Trader Profit and Losses in the World Cup Market. Source: Dune

The profit side mirrored that shape. Some 57,991 addresses gained under $100 each, averaging less than $5. Larger wins stayed rare across the market.

Only 54 addresses cleared more than $100,000, together banking $22.3 million. The analyst identified five wallets that each topped $1 million, including asparagus2012, Allezpapa, yamal19, thesingularityisnear, and wco26.

According to Arkham, asparagus2012 operated 7 separate accounts. The trader generated more than $7.4 million across World Cup markets and funneled the winnings into a single address.

Follow us on X to get the latest news as it happens

Prediction Market Activity Cools Before Another Football Season

The tournament drew traders and heavy volume to prediction markets, but activity has since cooled. Open interest across Kalshi and Polymarket has dropped as major sporting events fade from the calendar, according to Artemis data.

Bernstein analyst Ian Moore expects a quiet stretch through August before the National Football League (NFL) season starts in September.

“August is always a pretty light month for the sports books and the traditional ones. And now the prediction markets as well… You kind of have to wait until NFL season kicks off in September to get that bounce in handle,” he said.

The analyst pointed to a Week 1 slate as an early draw for the platforms. The coming weeks will test whether prediction markets can hold the audience the World Cup delivered.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

Advertisement

The post 194,000 Addresses Traded Polymarket’s World Cup Market and Most Lost appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

XRP Is Breaking Out With a 5% Surge as Analysts Say Ripple’s Time Has Come: Details

Published

on

The crypto market is on the move on Tuesday morning, with bitcoin climbing to a multi-week peak of over $66,000. Many altcoins have followed suit, including the popular cross-border token.

Analysts who have often weighed in on its performance were quick to highlight the returning hope, some of which emerged with rather incredible price predictions.

XRP Is Breaking Out?

CW was among the first to give some hope to the bulls, indicating that XRP is “breaking through the sell walls.” According to their chart, such obstacles remain at $1.13-$1.14, which is currently being tested, followed by another one at around $1.16, before the last major one at $1.20.

Ali Martinez also outlined the significance of the $1.13 resistance. It has capped the token’s breakout attempts in the past month or so, and the analyst predicted that a decisive surge above it “could confirm the bullish breakout and open the door for further upside.” His chart highlighted potential targets of up to $1.30 in the short-term.

Advertisement

As usual, EGRAG CRYPTO was the most optimistic of the bunch, and continues to focus on the asset’s long-term potential. According to his triple-bottom roadmap, his targets were quite mind-blowing at $9, $15, and $31. Naturally, all of these sound quite far-fetched at the moment despite the minor uptick from under $1.10 to $1.13.

Nevertheless, EGRAG noted that this chart “presents a three-bottom sequence of rising cyclical lows, supported by XRP’s long-term exponential moving averages.” The current bottom is being formed, with “strong confluence around $0.90-$1.00,” he added.

Long-Term Correction Still Not Over

ChartNerd, on the other hand, warned that XRP is yet to break out of its downtrend that began just over a year ago when it charted its all-time high of $3.65.

“We remain inside the wedge structure and below the current descending resistance.”

Ripple’s token would need to break past $1.20 to show some strength and potential to turn the tables, according to ChartNerd’s analysis.

Advertisement

Bird, though, believes XRP has already made the first major step to get out of the year-long compression. The analyst said “it’s time” for an “explosive candle” that could arrive at any moment and propel the asset toward new local peaks.

The post XRP Is Breaking Out With a 5% Surge as Analysts Say Ripple’s Time Has Come: Details appeared first on CryptoPotato.

Source link

Advertisement
Continue Reading

Crypto World

Bitmine Adds 7,430 ETH, Boosting Treasury to 5.78M ETH

Published

on

Crypto Breaking News

Bitmine, a company focused on managing Ether (ETH) treasury exposure and institutional staking, said Monday that its ETH holdings have reached 5.78 million tokens—about 4.8% of Ethereum’s circulating supply. The company is moving toward its stated objective of accumulating 5% of all ETH.

In its update, Bitmine said it added 7,430 ETH over the previous week. It also reported that roughly 4.9 million ETH—about 85% of its treasury—is currently staked through its validator infrastructure and partners.

Key takeaways

  • Bitmine reports 5.78 million ETH in treasury, representing about 4.8% of Ethereum’s circulating supply.
  • The company added 7,430 ETH in the past week and is approaching its goal of owning 5% of total ETH.
  • About 85% of Bitmine’s ETH holdings are staked, with validators run via its network and partners.
  • Bitmine valued its overall crypto and financial assets at $11.5 billion and reported $45.7 million in staking/validation revenue from MAVAN earlier this month.
  • Shares rose after the update, while broader market attention also points to Ethereum’s relative performance versus Bitcoin.

Bitmine’s Ether accumulation and staking strategy

Bitmine’s latest disclosure frames its ETH buildup as a long-running corporate treasury strategy tied to staking yield. The company said it ended the week with 5.78 million ETH, an amount equal to approximately 4.8% of Ethereum’s circulating supply.

Crucially for investors assessing how capital is being deployed, Bitmine indicated that staking is already a major component of its operations. About 4.9 million ETH—roughly 85% of the treasury—is staked through its validator network and ecosystem partners. Staking exposure can influence liquidity and risk management, since tokens used for validation are typically subject to protocol and operational constraints compared with fully liquid holdings.

The update also signals how quickly Bitmine is moving toward its own target. With 7,430 ETH added over the past week, the company continues to close the gap to a 5% ownership goal, though the remaining distance depends on how “circulating supply” is defined and how it changes over time.

Advertisement

Balance sheet figures and share buyback activity

Bitmine said it valued its crypto holdings, cash, and marketable securities at $11.5 billion. The company’s reported portfolio includes 207 Bitcoin (BTC), and it listed $385 million in cash and securities.

Alongside its treasury accumulation, Bitmine continued capital returns to shareholders. It repurchased 5.5 million shares during the week under a previously authorized $4 billion buyback program. Such repurchases can affect per-share metrics and may signal management’s view on valuation, but the impact depends on how the market values the business relative to its disclosed asset base and operating revenue.

In trading following Monday’s announcement, Bitmine shares were up more than 6% in afternoon activity, lifting the stock’s one-month performance to around 3.3%.

MAVAN revenue underscores the staking-business angle

Bitmine’s ETH treasury story also intersects with its institutional staking platform, MAVAN. Earlier this month, the company said MAVAN generated $45.7 million in staking and validation revenue during the three-month period ended May 31, according to Bitmine’s prior announcement referenced by Cointelegraph.

Advertisement

That revenue accounted for 98% of Bitmine’s total revenue during the period, underscoring that staking and validation are not simply a treasury feature, but a core driver of the business.

For readers tracking how corporate crypto firms convert holdings into operating income, the MAVAN update provides a benchmark for how much of the company’s performance is tied to staking activities rather than only asset appreciation.

Ethereum outperformance, corporate capital rotation, and the institutional ETH debate

Bitmine’s update landed in a broader market backdrop where Ethereum has been attracting relative momentum. According to CoinGecko data cited at the time of writing, ETH gained about 6.7% over the past seven days and 10% over the past month, compared with roughly 5.8% and 2.6% for Bitcoin over the same windows.

The report also referenced corporate capital developments in Bitcoin markets. Cointelegraph noted that Strategy, described as the largest corporate holder of Bitcoin, paused purchases for a second straight week and instead raised capital through stock sales while increasing its cash reserve to more than $3.2 billion. While that is a separate story from Bitmine’s Ether holdings, it highlights how corporate treasury managers are balancing buying activity with liquidity and capital-market access.

Advertisement

On the Ethereum ecosystem side, attention has also been drawn to efforts aimed at expanding institutional use cases—particularly through scaling and tokenization narratives. Earlier this month, Robinhood launched Robinhood Chain, an Ethereum layer-2 network built on Arbitrum for tokenized stocks. In the first two weeks, the chain reportedly attracted more than $141 million in bridged Ether, reigniting discussion about whether institutional adoption of Ethereum’s scaling networks ultimately increases demand for ETH.

As Cointelegraph reported, Max Shannon, a senior research analyst at Bitwise, characterized Robinhood Chain as reflecting “growth of the Ethereum ecosystem,” especially among traditional finance participants. Other analysts highlighted a more nuanced investment debate. ARK Invest’s Lorenzo Valente argued that Robinhood Chain can support a bullish view of ETH as the ecosystem’s monetary asset, while also weakening the thesis that Ethereum’s value proposition primarily comes from layer-2 fee revenue.

Separately, Bernstein analysts raised their price target for Robinhood to $160 from $130 per share, citing a growth outlook driven by tokenized equities and prediction markets rather than traditional crypto trading. In their framing, Robinhood Chain is part of the brokerage’s infrastructure for tokenized real-world assets, enabling on-chain product development without relying on third-party blockchains.

ETH’s price performance was also noted in the cited coverage: ETH climbed about 20% from roughly $1,582 on July 1 (around the time of the chain’s launch) to about $1,900 at the time of writing. While price movements do not prove causality, they reflect how quickly market attention can shift toward narratives involving tokenization and institutional infrastructure.

Advertisement

What to watch next for Bitmine and Ethereum

For Bitmine, the immediate variables are how steady ETH accumulation remains and how much of its treasury continues to be deployed via staking operations. For Ethereum more broadly, the market will likely continue watching whether tokenized-stock and institutional scaling experiments translate into sustained ETH demand—an outcome that still depends on evolving usage patterns across layer-2 networks.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading

Crypto World

Grayscale Files For Worldcoin ETF, WLD Registers Sharp Rise

Published

on

Crypto Breaking News

Crypto asset manager Grayscale has filed with the United States Securities and Exchange Commission (SEC) to launch a Worldcoin exchange-traded fund (ETF). The ETF will list on Nasdaq under the ticker GWLD.

The WLD token registered a substantial increase following the filing, rising 4.5% to break above a descending channel on the four-hour chart.

Details Of The Filing

Grayscale filed an S-1 registration statement for the Worldcoin ETF on Monday, offering investors exposure to the WLD token. BitGo Bank & Trust will be responsible for custodying the WLD token, while BNY Mellon will act as the administrator and transfer agent, and the CSC Delaware Trust Company will be a trustee. However, the filing does not disclose liquidity providers, management fees, seed investment, or authorized participants. If approved, GWLD will hold the WLD token as its principal asset. The filing states that the trust will only hold the WLD token and process share creations and redemptions.

ETF Structure

GWLD will allow the creation or redemption of shares in blocks of 10,000. The transactions can be completed by delivering WLD tokens or cash orders using liquidity providers. According to Grayscale, the fund allows holders to gain exposure to WLD through traditional brokerage accounts, helping investors skip complexities like crypto wallets, private keys, and trading on an exchange.

Advertisement

However, it is unclear if the SEC will approve Grayscale’s filing or whether Nasdaq will list its shares, and Grayscale may be required to submit more amendments to secure regulatory approval.

Regulatory Pushback Against Worldcoin

Grayscale’s filing acknowledges regulatory pushback against Worldcoin, which has faced scrutiny in several jurisdictions including Spain, Portugal, Germany, Hong Kong, Brazil, Kenya, and Indonesia. WLD is the native token of the World Network, a company founded by Sam Altman and Alex Blania. The network includes several projects, including World ID, World App, World Chain, and Orb.

The crypto asset manager noted that World Network’s biometric data collection could be a product risk. It also highlighted other risks, including WLD volatility, World Chain’s centralized sequencer, and possible securities-law treatment.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Advertisement

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

Source link

Advertisement
Continue Reading

Crypto World

Silver Attempts to Break Out of Its Range

Published

on

Silver Attempts to Break Out of Its Range

Silver continues to balance between its dual role as an industrial metal and so-called refuge asset, and this combination largely explains the lack of a clear trend in recent weeks. Shifting expectations for central bank interest rates can influence the appeal of a non-yielding asset such as silver, while the structural supply deficit remains supported by growing investment demand, offsetting more subdued industrial consumption. These opposing forces help explain why silver prices continue to trade within a broad range, with the market still lacking a decisive catalyst for a sustained directional move.

XAG/USD: Technical Picture

On the four-hour chart, silver (XAG/USD) is trading within a structure resembling a triangle. The descending trendline connects the swing highs formed after the peak near $63.000, while the ascending trendline links the series of higher lows from the $56 area. Their convergence coincides with the current high-volume area of the market profile.

Following an attempted breakout, the price is now testing the lower boundary of the profile at $56.643 from below. If this level continues to act as resistance, the next notable support could be found near $54.846.

Should the price move back into the range, the Point of Control (POC) at $58.357 and the upper boundary of the profile at $59.895 could become the primary upside reference levels, followed by the red resistance level at $60.686.

At the same time, vertical volume has not shown the decline in trading activity that is typically associated with a triangle pattern as the range narrows. The RSI + MAs indicator currently shows readings of 45, 40, and 42. The moving averages remain red, are pointing higher, and are positioned just below the neutral zone, while the RSI line itself has yet to break out of that neutral range.

Advertisement

Summary

The attempted breakout from the triangle has so far failed to gain momentum, with the price returning to the market profile boundary. Meanwhile, the RSI + MAs indicator does not yet confirm either a bullish or bearish scenario. The Federal Reserve meeting on 28–29 July could become the next major catalyst, potentially determining the market’s next directional move.

Start trading commodity CFDs with tight spreads (additional fees may apply). Open your trading account now or learn more about trading commodity CFDs with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Advertisement

Source link

Continue Reading

Crypto World

Reserve Transparency Built Through Continuous Operation: Matrixdock Marks Two Years of Independent Verification

Published

on

Reserve Transparency Built Through Continuous Operation: Matrixdock Marks Two Years of Independent Verification

If tokenized reserve assets are going to serve as collateral and support lending, treasury management, and settlement across on-chain finance, their backing must remain continuously verifiable. 

Today, Matrixdock has completed its fourth consecutive semi-annual independent reserve audit with Bureau Veritas. For the first time, the audit extends beyond Matrixdock’s tokenized gold product (XAUm) to include its tokenized silver product (XAGm). More than another audit milestone, this reflects Matrixdock’s broader commitment: building reserve assets that institutions, ecosystem partners, and builders can use with confidence.

Two Years of Continuous Verification. One Operating Standard.

By completing two years of reserve audits with the same independent auditor, Matrixdock has established a consistent verification process. That continuity gives Bureau Veritas a deeper understanding of Matrixdock’s reserve structure and positions them to better identify inconsistencies should they arise. Recurring audits are a form of proof: a verification process that operates consistently over time.

As tokenized assets become increasingly integrated into financial infrastructure, long-term trust is built through continuous operation.

Advertisement

The Reserve Transparency Stack

Reserve transparency at Matrixdock is built in layers of verification that together give holders ongoing visibility into the assets backing each token. Matrixdock calls this the Reserve Transparency Stack.

Independent Verification: Inside the July Audit

Bureau Veritas physically verified the underlying precious metal reserves, confirming that reserve holdings remain consistent with Matrixdock’s records. 

As in previous audit cycles, the inspection was conducted bar by bar covering 574 gold and silver bars from LBMA-accredited refiners across three institutional vault facilities: 

  • Malca-Amit Singapore (conducted on 3 July 2026)
  • Brink’s Hong Kong (conducted on 8 July 2026)
  • Brink’s Singapore (conducted on 15 July 2026

Each bar was individually weighed and measured. 26 gold bars have been added since the H2 2025 audit, and 66 silver bars are included for the first time this cycle.

Gold (XAUm)

  • Total gold audited: 508 bars
  • Equivalent weight: 16331.184 troy ounces
  • XAUm circulating supply: 16331.179 tokens
    • EVM chains (Dune): 11242.657 tokens
    • Sui network (Suiscan): 2677.413 tokens
    • Solana network (Solscan): 1575.248 tokens
    • Stellar network (Stellar expert): 771.552 tokens 
  • Approximate market value: USD $66.09 million, based on gold at $4,046.86 per troy ounce

Silver (XAGm) – new to this audit

  • Total silver audited: 66 bars
  • Equivalent weight: 65,934.000 troy ounces
  • XAGm circulating supply: 65998.551 tokens
    • Ethereum network (Etherscan): 33004.219 tokens
    • Sui network (Suiscan): 32990 tokens
  • Current ozPerToken value: 0.999021918
  • Approximate market value: USD $4.04 million, based on silver at $61.24 per troy ounce

Each bar was reconciled against the relevant vault records with no discrepancies identified. As of the audit date, XAUm reserves were consistent with the circulating token supply, and XAGm reserves were consistent with the circulating token supply when applying the applicable ozPerToken value.

Ongoing Transparency

A semi-annual reserve audit is one layer of verification. Between audits, holders can check monthly reserve asset statements, on-chain proof-of-reserves for the precious metals products, and the Gold Allocation Lookup tool, which maps specific gold bars to tokens so holders can verify the backing directly. Together, these provide a running record rather than periodic snapshots.

Advertisement

Building the Reserve Layer requires continuous improvement. Looking ahead, Matrixdock is evaluating opportunities to work with global third-party service providers that could strengthen asset-level verification for off-chain reserves while preserving client-level privacy. 

Continuous Transparency as the Reserve Layer Discipline

Reserve transparency is the foundation that makes reserve assets trusted enough to participate confidently across on-chain finance.

When reserve backing can be verified at any time, a reserve asset can move deeper into on-chain finance: held in treasuries, integrated into financial applications, and used as collateral in lending markets. By reducing uncertainty around backing, verification expands what a reserve asset can do. That is why reserve transparency is a product feature at Matrixdock.

This is the work of building the Reserve Layer for on-chain finance. As tokenized assets evolve from simple representations into financial infrastructure, their quality will be defined by how well their backing holds up to verification, cycle after cycle. The fourth consecutive semi-annual reserve audit reflects Matrixdock’s long-term commitment to building the Reserve Layer.

Advertisement

Read the full Bureau Veritas audit report here.

The post Reserve Transparency Built Through Continuous Operation: Matrixdock Marks Two Years of Independent Verification appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Trending

Copyright © 2025