The Hong Kong stablecoin bill officially takes effect. Financial authorities say they will start granting stablecoin issuer licenses early next year. Here&#8217;s everything we know about the bill. On August 1, the region&#8217;s first stablecoin bill in history, the Stablecoin…

Hong Kong’s stablecoin bill takes effect today, here’s what we know

Crypto ETFs has taken a massive leap forward as SEC approval of in-kind 
mechanisms slashes costs, boosts efficiency, and propels digital assets deeper 
into mainstream finance. Bitwise Hails SEC Approval of In-Kind Mechanism as 
Pivotal for Crypto ETFs Asset management firm Bitwise explained on July 30 via 
social media platform X why the U.S. Securities […]

SEC’s ETF Shift Could Send Crypto Flows Into Overdrive

Bitcoin took a tumble today, dipping almost 3% versus the U.S. dollar, hitting 
an intraday low of $112,680. After that dip, the leading crypto asset by 
market cap bounced back, rising just above the $113,000 mark. Bitcoin Battered 
as $3.66T Crypto Market Nosedives Cryptocurrency markets took a beating today, 
with the crypto economy shrinking by […]

Bitcoin Dives to a Low of $112,680 as Crypto Carnage Grips the Market

The Central banks, institutions, and payment corridors are experimenting with 
something deeper than crypto hype. From cross-border settlements to real-world 
assets, Ripple is building blockchain infrastructure. If recent comments from 
top banking executives are any indication, XRP may move trillions in value. 
The Settlement Layer No One Saw Coming According to KingXRP, the XRP Ledger 
(XRPL) is on the brink of a groundbreaking transformation that could unlock a 
staggering $196 trillion market through the emergence of RealFi and real-world 
finance powered by blockchain technology. His post includes a recent interview 
with Teucrium CEO Sal Gilbertie, where he made a bold declaration that XRP and 
Ripple will move trillions and tokenize the entire financial system. Related 
Reading: XRP’s Secret Weapon? Ripple Exec Says It’s Not What You Think As 
mentioned in the video, XRP is often misunderstood. It can be traded and 
speculated on like any other asset, but its true purpose goes much deeper. 
Ripple is the company behind XRP, and it was originally founded to facilitate 
fast, efficient money transfers across borders. Apparently, XRP is now 
evolving far beyond simple transactions. It&#8217;s becoming a foundational tool for 
tokenizing a wide range of assets and enabling the movement of value in new 
and innovative ways. As Ripple continues to advance its level 2 
infrastructure, it&#8217;s becoming increasingly clear that they are positioning to 
tokenize the entire financial system. They have acquired a broker-dealer 
clearing member, which is a strategic move that brings them one step closer to 
integrating deeply with the traditional financial markets. This move marks 
what Gilbertie believes is the first step toward integrating traditional 
finance with DeFi. The acquisition of a broker-dealer isn&#8217;t just a 
technicality, but it&#8217;s the kind of infrastructure move that would rewire the 
system in the future. XRP Moves Into Institutional Payment Rails CryptoGeek 
has also shared an update on X about Ripple Chief Technology Officer (CTO), 
David Schwartz, stating that banks are now integrating XRP. Meanwhile, Ripple 
Bank will operate entirely on the XRP Ledger, settling all payments with XRP 
as its core asset. Related Reading: Ripple CEO Debunks SWIFT Partnership, XRP 
To Dramatically Change Payments Infrastructure Schwartz emphasized in the 
video that closing a deal with a bank always feels exciting, and it looks 
great on paper, which signals validation. However, behind the scenes, it&#8217;s a 
different story, and banks are extremely slow to move, cautious, conservative, 
and are bound by layers of internal processes. Furthermore, Schwartz stated 
that the team focused a lot on banks, because landing a press release with a 
major institution looked like progress. It felt like a milestone, and over 
time, the firm realized most of them were only in it for the optics. Featured 
image from Getty Images, chart from Tradingview.com

XRP Is Set To Move Trillions — Banking CEO Drops Bombshell On Ripple’s Role In Tokenizing Finance

Mill City Ventures secured a $500 million equity facility to expand its SUI 
treasury holdings. MCVT to Raise up to $500M, Targets SUI Treasury Scaling The 
Minnesota-based specialty finance firm (Nasdaq: MCVT) announced an equity line 
agreement with A.G.P./Alliance Global Partners on August 1, 2025. This enables 
Mill City to sell up to $500 million […]

Mill City Ventures Secures $500M Equity Line for SUI Treasury Expansion

Ethereum has turned 10 years old. And instead of looking back, the team behind 
the second-largest cryptocurrency is laying down a bold plan for the future. 
Related Reading: Don’t Blink: 1,000 XRP Could Be The Best Move You’ve 
Made—Expert The Ethereum Foundation has released a long-term roadmap called 
the &#8220;Ethereum Lean Plan.” The focus: scale the network massively, keep it 
online 100% of the time, and prepare for future threats—including powerful 
quantum computers. Big Goals For The Next Decade The Foundation says Ethereum 
will continue operating with no downtime, just as it has since its launch in 
2015. The team wants to make sure that even if nation-states or supercomputers 
try to take it down, Ethereum will survive. In addition to that, Ethereum also 
intends to scale considerably. The strategy involves 10,000 transactions per 
second (TPS) on the layer 1 chain and 1 million TPS on layer 2 chains. All of 
these will be accomplished with improved tools, such as zkVMs and Data 
Availability Sampling (DAS), to assist users in being able to verify the chain 
more quickly without having to download everything. All Eyes On Lean Consensus 
And Speed Upgrades The Lean Plan will enhance all three sublayers of 
Ethereum&#8217;s foundation layer. The crew would like to implement what it refers 
to as a &#8220;lean consensus,&#8221; or quicker transaction confirmations and better data 
handling. New technology such as SNARK-friendly code for the Ethereum Virtual 
Machine (EVM) is being developed to speed up and make the network lighter. 
These upgrades will provide finality in seconds instead of minutes, a 
significant boon for users seeking quick and trustworthy results. The 
Foundation also intends to advance cryptography to secure Ethereum against 
quantum attacks. The mission is straightforward: safeguard user balances and 
smart contracts prior to quantum computers posing an actual threat. Related 
Reading: XRP Set To Explode? Analyst Sees $5 Surge Any Moment – Details 
Ethereum Reserves Reach $10 Billion The big announcement came during 
Ethereum’s 10th anniversary celebration. At the same time, reports showed that 
Ethereum’s strategic reserves have grown to $10 billion. Corporate holdings 
have also jumped, with total assets reaching 2.73 million ETH. ETH is also 
doing well on the market. At the time of the report, the token was trading at 
$3,610 after gaining 47% over the last month. The Foundation called the new 
vision a “generational oath” to keep Ethereum alive, safe, and ready for the 
next wave of users and developers. This 10-year roadmap is ambitious, but if 
the team delivers, Ethereum could become much faster and stronger than it is 
today. Featured image from Meta, chart from TradingView