CryptoSlam data showed that the average sale value for NFTs climbed to $113.08, the highest in six months.

NFT sales surge to $574 million in July, second-highest in 2025

Democratic senators have asked Comptroller of the Currency Jonathan Gould to 
explain how he’ll prevent Donald Trump from influencing stablecoin rules that 
may benefit his family.

Democrats press bank regulator on Trump stablecoin conflicts

MEXC reported a 12% quarter-over-quarter decline in syndicate-related fraud 
during Q2 2025, blocking over 70,000 fraud attempts using artificial 
intelligence (AI)-powered risk controls and targeted regional interventions. 
AI-Driven Security Cuts Crypto Fraud on MEXC As Fraud Attempts Decline MEXC 
has published its Q2 2025 Risk Control Summary, revealing a 12% decrease in 
syndicate-related fraud attempts […]

MEXC Reports 12% Drop in Syndicate Fraud Cases in Q2 2025

Strategy (previously MicroStrategy) announced its first profit in six 
quarters, buoyed by a notable surge in cryptocurrency values during the latest 
quarter that saw the market’s largest cryptocurrencies,, including Bitcoin 
(BTC), recover from previous price corrections. This development comes as the 
crypto firm, the largest corporate holder of Bitcoin, capitalizes on a 
favorable market environment that saw Bitcoin reached a new all-time high past 
$123,000 for the first time, following the signing of the GENIUS Act into law 
by US President Donald Trump earlier this month. Strategy Reports $14 Billion 
Gain As of June 30, Strategy held an impressive 597,325 BTC, purchased at an 
average price of $70,982 per coin. With Bitcoin currently trading in a 
consolidation between $114,000 and $120,000, the company recorded a staggering 
$14 billion unrealized fair value gain on its digital assets. Related Reading: 
Trump-Appointed Group Calls For Easier Crypto Regulations From Federal 
Authorities This marked a stark contrast to the previous year, when the 
company co-founded by Bitcoin bull Michael Saylor, faced a loss of $102.6 
million, or 57 cents per share. For the three months ending June 30, Strategy 
posted a net profit of $9.97 billion, or $32.60 per share as the company has 
increasingly ramped up its acquisition efforts through new initiatives this 
year. ‘Hyper-Growth Phase&#8217; For Bitcoin Historically, the company faced 
restrictions on recognizing gains from Bitcoin unless it sold the assets; it 
could only account for losses if the cryptocurrency’s value fell below its 
purchase price. However, this recent profit signals a shift in its financial 
strategy, reflecting broader corporate acceptance of cryptocurrencies. 
Strategy began its Bitcoin accumulation in 2020, initially using cash and 
later financing its purchases through low-cost convertible bonds and stock 
sales. The firm is now ranked first among the top 100 public Bitcoin treasury 
companies. Following it are the mining firm MARA Holdings, XXI, the Bitcoin 
Standard Treasury Company, and Riot Platforms. Related Reading: Chainlink 
Acknowledged By The White House As Key Player In Crypto Infrastructure The 
company’s stock, MSTR, has surged nearly 39% this year, outpacing Bitcoin&#8217;s 
own 25% increase. This momentum has inspired other public companies to adopt 
similar strategies, emulating the buy-and-hold treasury approach championed by 
Strategy&#8217;s co-founder Michael Saylor. On a recent post-earnings call by the 
company, Saylor remarked that the digital asset industry is entering a “hyper- 
growth, hyper-adoption phase” for Bitcoin as a treasury reserve asset. 
Moreover, several companies are now diversifying their crypto holdings, 
exploring other tokens like Ethereum (ETH) and utilizing mergers with blank- 
check companies to integrate crypto assets into their equity structures. 
Strategy&#8217;s stock, which saw a nearly fivefold increase last year, even earned 
it a place in the Nasdaq 100 index in December. When writing, the market’s 
leading crypto trades at $115,780, meaning a 6% gap between current prices and 
its record high. Featured image from DALL-E, chart from TradingView.com

Record Bitcoin Prices Propel Strategy To First Profit In Six Quarters

Robinhood (HOOD), the trading platform that gained notoriety during the meme- 
stock frenzy, has demonstrated a significant evolution in its business model, 
according to a recent report by Reuters. The company’s latest earnings reveal 
a surge in trading volumes across equities, options, and cryptocurrencies, 
indicating its ability to engage retail investors even amidst market 
uncertainties like high interest rates and tariff concerns. Robinhood Shows 
Strong Growth In Options And Equities In its second-quarter (Q2) report, the 
crypto platform announced transaction-based revenue of $539 million, marking a 
remarkable 65% increase compared to the previous year. The growth was driven 
by a 46% rise in options trading and a similar 65% increase in equities. 
Notably, revenue from cryptocurrency nearly doubled, bolstered by the firm’s 
recent $200 million acquisition of Bitstamp. Related Reading: Trump-Appointed 
Group Calls For Easier Crypto Regulations From Federal Authorities CEO Vlad 
Tenev noted a transformative shift in the company’s stability since its public 
debut in 2021. He emphasized that the current roadmap is packed with new 
product offerings, including tokenization and perpetual futures, suggesting a 
robust strategy to enhance user engagement. He said: In 2021, when we went 
public, it felt to me like we were much more fragile than today. But now the 
road map, if you look at things that we expect to deliver in the short-term, 
medium-term and long-term, is pretty packed. Meme-Stock Mania Resurgence 
Analysts at Piper Sandler highlighted that the diverse range of products 
available on the platform has fostered strong retail engagement, with equity 
and options trading reaching record levels in July. This resurgence in trading 
activity comes in the wake of a recent wave of meme-stock mania, reminiscent 
of the trading frenzy that characterized the 2021 bull cycle for the broader 
industry. Stocks of heavily shorted companies like Krispy Kreme and Kohl&#8217;s saw 
significant surges from retail investors, echoing the earlier excitement 
surrounding GameStop. Despite fluctuations in trading volumes, CFO Jason 
Warnick expressed confidence in the platform&#8217;s steady customer engagement and 
high retention rates, suggesting that Robinhood is well-positioned to maintain 
its growth trajectory. Related Reading: Chainlink Acknowledged By The White 
House As Key Player In Crypto Infrastructure The crypto market continues to 
play a pivotal role in Robinhood&#8217;s future earnings, with analysts projecting 
that crypto exchange Bitstamp acquisition will solidify the company&#8217;s roadmap 
in this sector. JPMorgan analysts believe that crypto has historically 
contributed about 10% to 20% of the trading platform’s revenue, and this 
figure is expected to rise throughout the year. Robinhood&#8217;s stock, HOOD) 
recently reached record highs beyond $113, pushing the company&#8217;s market 
capitalization close to $94 billion. Following the impressive earnings report, 
several brokerages have raised their price targets for the stock, with Wall 
Street maintaining an average &#8220;buy&#8221; rating. As of this writing, HOOD is valued 
at $103, recording a 3% drop on Thursday&#8217;s trading session. Featured image 
from DALL-E, chart from TradingView.com

Robinhood Shift To Diverse Offerings Fuels Growth In Q2 Earnings

Bitcoin staking platform Solv Protocol has announced BTC+, a new structured 
yield vault designed to generate BTC-denominated returns. According to an 
August 1 X post, the vault helps generate interest from idle Bitcoin by 
deploying capital across DeFi, CeFi, and…