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A Japanese company sold its Ethereum, Solana and XRP holdings for ¥878.8 million, while keeping $121 million in Bitcoin. Management may use the proceeds beyond cryptocurrency, leaving its portfolio Bitcoin-only.
The CFTC has filed to dismiss CME Group’s lawsuit over crypto perpetual futures, arguing that CME lacked standing and criticizing its claims as “much ado about nothing,” Cointelegraph reported.
PONS has overtaken CASHCAT as Robinhood Chain’s largest cryptocurrency by market capitalization after rising 18,000% since July. The token is linked to the chain’s biggest meme coin factory.
French Hill said Democrats and Republicans have narrowed their differences over the Clarity Act, raising the prospect of bipartisan progress before a September vote, Bitcoin Magazine reported.
A BIS-related analysis reported by CryptoSlate says one XRP Ledger transaction can authenticate thousands of datasets, allowing institutional-style usage to grow while keeping fee burns—and any resulting supply squeeze—small.
Mantle has added Paxos-issued USDG as a natively minted stablecoin and joined the Global Dollar Network’s reward-sharing structure, according to Cointelegraph. The development links USDG, Mantle and the broader stablecoin market.
Michigan authorities continue their effort to block Kalshi as a potential Supreme Court fight approaches. Kalshi previously said federal instructions to disregard a June state restraining order left it in an “impossible position.”
A majority supported a Solana fee reform, but the proposal failed under the network’s supermajority rule. CryptoSlate said the result left implementation authority with validators and stakers, highlighting limits on Anatoly Yakovenko’s influence.
Kraken and SoFi agreed to connect crypto trading with banking and payment infrastructure. The initiative follows SoFi’s bitcoin-trading launch last year and is intended to support broader digital-asset markets.
Bitcoin gained 5% and reclaimed $80,000 as the US dollar weakened amid suspected Bank of Japan intervention in the yen. Analysts remain split on the broader impact of the currency-market development.
ChatGPT, Claude and Grok restored service Thursday after simultaneous disruptions halted some users’ work. Decrypt said the outages renewed questions about relying on multiple AI platforms, while providing no cause or duration details.
A Hyperliquid treasury company has raised at least $763.7 million and lifted its token-buying strategy to $2.5 billion. Filings leave up to $236.3 million before discounted share sales hit a Nasdaq cap.
The CFTC has asked a judge to dismiss CME’s lawsuit over the approval of Kalshi’s Bitcoin perpetual contract, arguing CME has not shown concrete financial harm needed to challenge the decision.
Analyst Willy Woo suggests Bitcoin could be moving from its traditional four-year cycle toward a six-to-eight-year macro rhythm. Recent research, however, indicates that the established pattern may still be present.
