Polymath CEO Vincent Kadar told Cointelegraph that investors are shifting from “unlock anxiety” to a more nuanced view of token releases.

Crypto token unlocks halve to $3B in August — SUI, FTN top the list

The White House has officially recognized Chainlink (LINK) as an essential 
component of the digital asset ecosystem. This acknowledgment comes from the 
recently published Digital Asset Report, which emphasizes the importance of 
decentralized oracles in the functioning of stablecoins and tokenized assets. 
Chainlink&#8217;s Importance In DeFi Market expert Quinten Francois highlighted this 
recognition on social media platform X (formerly Twitter), stating, “WHITE 
HOUSE JUST MENTIONED CHAINLINK.” The report underscores how oracles act as a 
bridge connecting external data sources to blockchain networks, enabling smart 
contracts to execute agreements based on real-world events and prices. Related 
Reading: BlackRock Staking For Its Spot Ethereum ETF Has Been Acknowledged — 
But What’s Coming For ETH? This functionality is crucial for decentralized 
applications (dApps) that facilitate a range of financial activities, 
including trading, lending, and earning rewards. Chainlink&#8217;s role becomes even 
more vital in the context of decentralized finance (DeFi), where dApps often 
serve as cross-chain bridges, allowing assets to move seamlessly between 
different blockchain networks. These wrapped assets, which exist on one chain 
but are represented on another, illustrate the growing complexity and 
interconnectivity of the blockchain ecosystem. New Era For The US Financial 
System Sergey Nazarov, co-founder of Chainlink, responded positively to the 
White House&#8217;s endorsement, expressing his appreciation for the 
administration’s commitment to advancing the blockchain industry. Nazarov 
noted that Chainlink’s recognition represents a critical moment for both the 
industry and the broader US financial system. Chainlink’s co-founder further 
noted: I think the president&#8217;s (Trump) clear placing of our industry as a 
national priority will be seen as a critical and historic moment for our 
industry and for the United States financial system&#8217;s role globally. Nazarov 
distinguished the report’s focus on oracles, particularly the Cross Chain 
Interoperability Protocol (CCIP), which according to his assessment highlights 
the innovative work being done by the Chainlink community to enhance smart 
contract capabilities. Related Reading: XRP, Dogecoin, And Shiba Inu Get Major 
Boost From Gemini Exchange Announcement Beyond its focus on Chainlink, the 
White House report outlines various recommendations aimed at structuring 
cryptocurrency markets and clarifying the regulatory roles of federal agencies 
like the Securities and Exchange Commission (SEC) and the Commodity Futures 
Trading Commission (CFTC). An earlier report by Bitcoinist also notes that the 
White House encourages Congress to implement laws that embrace decentralized 
finance technologies, recognizing their potential to reshape traditional 
finance. Despite the optimism surrounding these developments, some industry 
leaders had anticipated further details regarding a federal Bitcoin (BTC) 
reserve, a topic notably absent from the report. During a press briefing, a 
White House official mentioned that infrastructure for this initiative is 
currently being developed, with more information expected in the near future. 
Despite this development, Chainlink’s native token, LINK, remained unfazed, 
currently trading at $17.80. Currently, the cryptocurrency is trading 66% 
below its record high of $52. Featured image from DALL-E, chart from 
TradingView.com

Chainlink Acknowledged By The White House As Key Player In Crypto Infrastructure

White House digital assets chief Bo Hines confirmed strategic Bitcoin reserve 
plans remain active despite omission from a recent policy report.

Donald Trump to get on with Bitcoin reserve ‘in short order’ — Bo Hines

Crypto-related securities class-action lawsuits are already near their total 
for the whole of 2024, Cornerstone Research says.

Crypto class actions on pace to nearly double in 2025

180 Life Sciences is pivoting to crypto with a $425 million private placement 
to build an ether treasury and rebrand as ETHzilla. ETHzilla Incoming: 180 
Life Sciences Goes All-In on Ethereum With $425 Million Funding 180 Life 
Sciences Corp. (Nasdaq: ATNF) has announced a major strategic pivot, raising 
$425 million through a PIPE (private investment […]

180 Life Sciences Secures $425 Million to Build ETH Treasury

DappRadar analyst Sara Gherghelas said 2025 Ethereum DApp activity appears on 
track to match or even surpass 2024, “suggesting that the current market 
momentum might be sustainable.”