US Treasury Secretary Plans to Meet with Chinese Officials
US Treasury Secretary Benson announced in an interview with CNBC that he plans to meet with his Chinese counterparts in the coming weeks to discuss US-China trade and other issues. Benson noted that previous meetings in Geneva and London had been constructive. It was emphasized that both sides are committed to developing relations based on mutual respect.
Truth Social Files S-1 Application with SEC: Crypto Blue Chip ETF on the Way
Truth Social has filed an S-1 application with the US Securities and Exchange Commission (SEC), formalizing its plans to launch a new “Crypto Blue Chip ETF.” This step is seen as one of the key developments that will make digital assets more accessible to institutional investors.
6-Year-Old Bitcoin Whale Transfers 6,000 BTC
According to data from Lookonchain, a whale that has been inactive for approximately six years has transferred 6,000 BTC, valued at approximately $649 million. These BTC were originally purchased in July 2019 at a price of $9,796.
KULR Secures $20 Million Bitcoin Credit Line Agreement
KULR Technology Group has signed a $20 million credit line agreement with Coinbase Credit to support its strategic Bitcoin accumulation program. The company plans to allocate up to 90% of its excess cash to Bitcoin purchases.
Genius Group Purchases 28 More BTC
AI-focused company Genius Group purchased 28 more BTC at an average price of $102,858, increasing its reserves to 148 BTC. The company’s latest purchase marks a 23% increase in its reserve size.
Pakistan Establishes Crypto Asset Regulatory Authority
Pakistan has established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee and regulate the country’s digital asset sector. This step is part of the country’s initiative to create a more robust legal framework for cryptocurrencies.
Tether Makes Strategic Investment in Crystal Intelligence
Tether announced that it has invested in blockchain analysis firm Crystal Intelligence to prevent cryptocurrency crimes linked to USDT. According to FBI data, cryptocurrency fraud losses increased by 66% to $9.3 billion in 2024. The investment will help Tether freeze over $2.7 billion in stablecoins by increasing its cooperation with law enforcement agencies.
Robinhood in Talks with Regulators on Tokenized Stocks
Robinhood has begun active discussions with regulatory agencies to advance its efforts in security tokenization. These talks are critical in establishing the legal framework for tokenized stocks.
Remixpoint CEO’s Salary to Be Paid Entirely in Bitcoin
Japan-based Remixpoint has decided to pay its CEO’s salary entirely in Bitcoin. The company stated that this step aims to strengthen the alignment of interests between management and shareholders.
Metaplanet Plans to Acquire Bitcoin-Backed Digital Bank
Japan-based Metaplanet plans to acquire a digital bank using its Bitcoin assets as collateral. The company, which currently holds 15,555 BTC, aims to reach 210,000 BTC by 2027 and control 1% of the total supply.
Ethereum Foundation Internal Transfer: 1,000 ETH Sent
The Ethereum Foundation transferred 1,000 ETH to an associated address, according to tracking tools. This address subsequently sent 7,000 ETH to a Gnosis Safe address. A total of 13,000 ETH was transferred.
Trump Announces 36% Tariff on Thai Imports
U.S. President Trump announced that a 36% tariff will be imposed on Thai imports starting August 1. The Thai government stated that it will continue to strive for the best outcome during the negotiation process.
by Darkex Research – 1 min read
Click for Market Pulse news articles prepared by the Darkex Research
