21Shares Seeks Approval For First Spot ONDO ETF | Bitcoinist.com
21Shares files for the first spot ONDO ETF with the SEC, aiming to track ONDO’s performance. The move signals growing institutional interest in DeFi assets, impacting ONDO’s price and market sentiment.
Cardano Pulls Back, But Reaches The Low Of $0.77 Again
Cardano (ADA) price rose to $0.93 but fell below $0.90 support, now testing $0.84. Bullish indicators remain, but further decline to $0.77 is possible if support breaks.
JPMorgan pushes back on Treasury’s $2 trillion stablecoin forecast, warns infrastructure is still underdeveloped
JPMorgan disputes the US Treasury’s $2 trillion stablecoin forecast by 2028, citing underdeveloped infrastructure. They predict slower growth, with the market potentially doubling or tripling instead.
Cathie Wood Supports Ethereum Treasury Strategy with $182M BitMine Bet
Cathie Wood’s ARK Invest allocated $182M to BitMine’s Ethereum treasury strategy, signaling confidence in ETH’s yield potential and corporate treasury applications amid growing stablecoin dominance.
BNY Mellon and Goldman Sachs Target $7T Fund Market With Digital Asset Tokenization – Finance Bitcoin News
BNY Mellon and Goldman Sachs are leveraging blockchain to tokenize money market funds, aiming to transform the $7T fund market with real-time, programmable asset flows.
Trump’s AI Doctrine: Deregulate, Dominate, and Ditch Copyright Claims – Brave New Coin
Trump advocates for deregulating AI, dismissing copyright claims on training data. His administration’s 28-page plan prioritizes U.S. dominance in AI, scrapping Biden-era regulations and opposing state AI laws.
Ether Machine Boss Snubs Bitcoin, Backs Ethereum As Superior Bet
Ether Machine’s Andrew Keys favors Ethereum over Bitcoin, citing its advanced capabilities. He supports the GENIUS Act for stablecoin growth and predicts institutional adoption. Ethereum’s SPAC listing aims to raise $1.5 billion.
Legislation on a blockchain pilot for Veteran Affairs claims awaits House floor vote
The House is reviewing a bill requiring the VA to study blockchain’s potential to improve claims processing transparency, traceability, and fraud resistance for veterans’ benefits.
Mistrial Motion In Tornado Cash Case Is Unlikely
IRS Special Agent Stephan George’s credible testimony on tracing stolen funds through Tornado Cash makes a defense motion for mistrial unlikely in the ongoing case.
FTX creditors to receive next round of payouts by Sept 30
FTX creditors will receive next payouts by Sept 30, with Aug 15 as the record date. The distribution covers Class 5 and 6 claims, plus late Convenience Claims. $1.9 billion freed from reserves for payments.
