US SEC Blocks $1B Solana DeFi Project, S-3 Filing Withdrawn

The SEC blocked DeFi Development’s $1B Solana investment filing due to missing internal controls documentation. The company plans to refile after addressing SEC requirements, maintaining its Solana-focused strategy.
GENIUS Act Nears Approval as Stablecoin Market Could Hit $2T

The US Senate is nearing approval of the GENIUS Act, a major crypto law regulating stablecoins. The bill has bipartisan support and could bring clarity to the $218B stablecoin market, potentially allowing non-financial firms to issue stablecoins.
Solana hitting 1M TPS, memecoin rug pull seizures to put SOL on US digital asset stockpile radar

Solana’s Firedancer validator client achieves over 1M TPS in tests, boosting network scalability. The US may include SOL in its digital asset stockpile, signaling growing institutional confidence.
SpacePay Lets You Pay with Crypto Using Over 325 Wallets – No Extra Apps Needed

SpacePay enables crypto payments at regular stores using existing wallets and POS systems, supporting 325+ wallets with 0.5% fees and instant fiat conversion for merchants.
XRP Ledger’s vision – Can it handle 14% of SWIFT payments by 2030?

Ripple’s CEO targets 14% of SWIFT’s $1.25 quadrillion annual flows by 2030 via XRP Ledger, despite a 94% drop in network activity in 2025. Whale interest and partnerships persist amid price volatility.
Bitpanda opens the gate to Web3 with Vision (VSN) ETHNews

Bitpanda launches Vision (VSN) token on July 16, merging BEST and Pantos to power its Web3 ecosystem, offering fee discounts, staking rewards, governance, and access to exclusive token launches.
Bitpanda Opens the Gate to Web3 with Vision (VSN)

Bitpanda launches Vision (VSN) token on July 16, merging BEST and Pantos to power its Web3 ecosystem. VSN offers fee discounts, staking rewards, governance, and launchpad access, aiming for mass adoption.
Ethereum Breaks Above Month-Long Range – 1.3M ETH Held At $2.70K–$2.74K May Anchor Price | Bitcoinist.com

Ethereum breaks above $2,750, signaling strength with 1.3M ETH held at $2,700–$2,740. Analysts eye $3,000 if resistance at $2,830 breaks, potentially triggering altseason.
Central Bank of Brazil Hints at Credit-Focused CBDC Pilot Phase – Crypto News Bitcoin News

The Central Bank of Brazil plans a CBDC pilot phase focused on credit solutions, using tokenization to enhance collateral visibility and streamline onchain credit processes.
Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000

Bitcoin faces resistance above $110,000, with potential pullback to $105,000. Analyst TehThomas predicts a shallow decline before continuation, citing fair value gaps and bullish sentiment.