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

Coinbase reported $1.5 billion in revenue for Q2 2025, a 3.3% increase from a 
year earlier but a 26% drop from the previous quarter, as lower retail 
activity weighed on results. The company’s earnings per share came in at 
$0.12,…

Coinbase Q2 revenue hits $1.5B but falls 26% from Q1 and misses expectations

Visa supercharges the future of finance by expanding stablecoin settlements 
with new digital assets and blockchains, unlocking a new era of global crypto 
payments. Visa Broadens Stablecoin Network With Euro Integration and New 
Blockchain Access Payments giant Visa announced on July 31 that it is 
extending its stablecoin settlement infrastructure by integrating more digital 
currencies […]

Visa Supports More Stablecoins in Push for Scalable Global Blockchain Payments

JPMorgan and Coinbase are launching a multi-phase integration that brings 
crypto access and payments directly into the core of U.S. consumer banking. 
What’s cooking? JPMorgan and Coinbase break new ground In late July 2025, 
JPMorgan Chase and Coinbase announced a…

What JPMorgan and Coinbase are building could outlast both crypto narratives and banking interfaces

Tim Draper backed the SEC’s Project Crypto, calling it a breakthrough toward 
an all-bitcoin economy powered by blockchain-based accounting, smart 
contracts, and tokenized finance. SEC’s Project Crypto May Realize Tim 
Draper’s Dream of All-Bitcoin Market Systems Venture capitalist Tim Draper 
praised “Project Crypto” on social media platform X on July 31, shortly after 
U.S. Securities […]

Tim Draper Applauds SEC’s Project Crypto—His All-Bitcoin Vision Nears Reality

After hitting a new low two days ago, Pump.fun (PUMP) has jumped nearly 30% to 
a key resistance level. As the token attempts to reclaim this area, an analyst 
suggested that the bottom may be in, and a recovery rally is underway. Related 
Reading: Ethereum Celebrates 10 Years: Coinbase CEO Shares Vitalik Buterin 
Anecdote As ETH Eyes $4,000 PUMP Sees Rollercoaster Price Action On Thursday, 
Pump.fun retested a crucial level after its recent struggles. The token has 
been making the headlines for its constant bleeding, hitting new all-time lows 
(ATLs) over the past week. Notably, PUMP launched on July 14 and surged 70% 
from its Initial Coin Offering (ICO) price of $0.0040, hitting its all-time 
high (ATH) of $0.0068 two days later. However, selling pressure from large- 
scale investors and disappointing updates about the highly anticipated token 
airdrop halted the fun. Just a week after its launch, Pump.fun’s token fell 
below its ICO price and continued to nosedive below the $0.0030 mark over the 
following days. The cryptocurrency hit an ATL of $0.0028 last Thursday after 
the platform’s co-founder, Alon Cohen, stated that the PUMP airdrop would not 
be taking place soon. Since then, the token has dropped even further, hitting 
a new low of $0.0022 on July 29, nearly a 70% drop from the ATH. Nonetheless, 
PUMP has also been ranging between the $0.0024-$0.0029 area during the past 
week, attempting to break above this range three times. Over the past two 
days, Pump.fun has surged nearly 30% from the lows, breaking above the $0.0030 
resistance for the first time in a week. The token surged 12% on Thursday to 
hit a weekly high of $0.0032 before retracing toward the $0.0027-$0.0029 area. 
Crypto analyst Altcoin Sherpa highlighted the recent price action, suggesting 
that PUMP has shown “some great strong moves lately” and a breakout and “hated 
rally” could be coming soon. He previously forecasted that the bottom would 
happen “relatively soon,” and it would likely be followed by “some sort of 
giga crime pump.” Pump.Fun Buybacks To Fuel The Recovery? The recent recovery 
appears to be partially driven by the platform’s buyback program and whales’ 
renewed interest in the token. Notably, a large-scale investor that previously 
lost $125,000 on PUMP purchased $3.16 million worth of tokens on Thursday. 
Lookonchain shared that a whale spent 17,542 SOL to buy $1.06B of $PUMP at 
$0.00297. Meanwhile, a community member noted that “PumpFun has pivoted to 
what seems to be 100% token buybacks. 98% of yesterday&#8217;s PumpFun / PumpSwap 
revenue went to buying PUMP today.” Similarly, On-chain sleuth EmberCNB 
detailed that Pump.fun transferred 12,000 SOL, around $2.16 million, to its 
buyback address on July 30. It’s worth noting that the memecoin launchpad 
started a repurchase initiative on July 16, when the token hit its ATH. 
Related Reading: Analyst Says Bitcoin’s Final Leg Is Near – Time To Be 
‘Cautiously Optimistic’? According to the report, Pump.fun initially 
transferred 187,770 SOL, approximately $30.53 million, from its fee wallet to 
the buyback address. Since then, the platform has repurchased 3.828 billion 
PUMP tokens for 129,100 SOL, valued at $21.5 million. Nonetheless, an X user 
expressed concerns about the initiative, affirming that “it is erratic.” To 
the community member, the inconsistent buybacks are “not a good look (…) first 
day 10m (way above their revenue), then stop, then 1m, then stop, now 100%, 
they are just playing to see what gets the attention, then stop buybacks 
altogether.” As of this writing, PUMP is trading at $0.0027, a 7% decline in 
the weekly timeframe. Featured Image from Unsplash.com, Chart from 
TradingView.com