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Pudgy Penguins (PENGU) Soars as On-Chain Metrics Point to Continued Rally

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The memecoin Pudgy Penguins (PENGU) is experiencing a significant surge, with its value climbing 13% in the last 24 hours to reach $0.0372. This impressive performance has outperformed major cryptocurrencies like Bitcoin and Ethereum and has been accompanied by a 60% increase in its trading volume. Market analysis and on-chain data suggest that this rally … Read more

Animoca Brands JV Begins Stablecoin License Application in Hong Kong

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Animoca Brands, in collaboration with Standard Chartered and Hong Kong Telecommunications (HKT), is officially seeking a stablecoin license in Hong Kong. Their joint venture, Anchorpoint Financial Limited, formally expressed interest in applying for a stablecoin issuer license with the local regulator on August 1. This move is the first step in the licensing process under … Read more

Ukraine’s Central Bank Governor Outlines Strict Rules for Crypto Legalization

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The Governor of the National Bank of Ukraine (NBU), Andriy Pyshnyy, has stated that while the legalization of cryptocurrencies is on the table, they will not be permitted to function as a means of payment. In an interview with RBC-Ukraine, Pyshnyy called using crypto as a legal tender a “red line” for the central bank. … Read more

Binance and Mastercard Launch Instant Crypto-to-Euro Transfers

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Binance has partnered with Mastercard to enable users in Europe to instantly convert cryptocurrencies to euros and withdraw them to a Mastercard debit or credit card. This new feature, powered by Mastercard Move, is available on both the Binance app and website. Users can either sell their crypto directly for euros and transfer the funds … Read more

Binance Adds Low-Cap Tokens YALA and CARV to Perpetual Futures

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Binance has announced the listing of new perpetual contracts for two low-market-cap tokens, YALA and CARV, with leverage up to 50x. This move follows the recent delisting of MEMEFI futures and may signal a new focus for the exchange on smaller, emerging assets. Both tokens saw their value jump by about 9% after the announcement. … Read more

USDC Treasury Adds $100 Million to Ethereum Supply

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On August 7, 2025, the USDC Treasury issued an additional 100 million USDC on the Ethereum blockchain. This move, tracked by Whale Alert, signifies a notable increase in the stablecoin’s circulating supply. Managed by Circle Internet Financial, this issuance is a routine part of their liquidity management strategy. It’s designed to meet the growing demand … Read more

US Administration Pushes for Broader Retirement Investment Choices

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The White House has announced a new initiative aimed at positioning the United States as a global leader in the cryptocurrency sector by allowing retirement savings plans, such as 401(k)s, to invest in a wider range of assets. This move is intended to give American savers more opportunities for portfolio diversification and potentially higher returns. … Read more

IREN Surpasses MARA in Bitcoin Production and Fleet Efficiency

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IREN Limited has emerged as a top performer in the Bitcoin mining sector, outperforming rival MARA Holdings in both production and operational efficiency. In a recent announcement, IREN reported mining 728 BTC in July, surpassing MARA’s 703 BTC, despite operating with a smaller fleet. IREN’s fleet efficiency was impressive, using over 90% of its total … Read more

Parataxis Holdings Merges with SPAC to Create $640M Bitcoin Treasury

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Parataxis Holdings LLC, a digital asset management firm, is going public on the NYSE through a merger with the Special Purpose Acquisition Company (SPAC), SilverBox Corp IV (SBXD). The new entity, named Parataxis Holdings Inc., will trade under the ticker PRTX. The primary goal of the merger is to establish a Bitcoin Treasury, targeting both … Read more

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