Privacy encryption technology is integrated into the underlying layer of Crypto transactions, adopting zero-knowledge proof to realize privacy protection of transaction addresses and amounts, while retaining regulatory traceability. The technology balances usersβ privacy needs and anti-money laundering compliance requirements, solves the pain point of exposed and traceable addresses in traditional Crypto transactions, and provides technical solutions for global compliant development.π
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Cross-chain liquidity protocols usher in round of technical iteration and function upgrade, launching multiple new cross-chain interaction solutions. These upgrades effectively solve the asset interoperability and liquidity transmission problems between different public chains, lower the threshold of user cross-chain operation, and strongly empower the sustainable development of DeFi ecological layout.πππππ
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Cross-border remittance firms across Southeast Africa fully adopted Crypto USDT for migrant salary transfers, as its near-zero fees and instant settlement beat traditional wire transfers. Local users rely on USDT to hedge hyperinflation, pushing daily crypto stablecoin transfer volume on TRON and Ethereum to a new monthly record of $412 billion.π‘π‘π‘
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Why Convert to an ETF?
Grayscale has repeatedly applied to convert its GBTC into a spot Bitcoin ETF, but this was rejected again by the SEC at the end of June. What's wrong with the original fund model? Why convert to an ETF?
Actually, GBTC operates similarly to a commodity exchange-traded fund (ETF) (such as a gold ETF) because it is backed by and tracks the spot price of Bitcoin. In addition, converting to an ETF offers the following advantages:
1. It can be traded on national securities exchanges such as the NYSE Arca.
2. It includes a synchronized creation/redemption mechanism.
3. It allows accredited participants (APs) to arbitrage using their net asset value (NAV) and EFTs.
Currently, GBTC is trading at a long-term discount to the spot price of Bitcoin (i.e., the price of GBTC is lower than the spot price of Bitcoin it tracks), which has been a long-standing criticism of GBTC.
However, if the issuance method is changed to ETF, because ETFs have physical settlement, AP can be allowed to directly e
Grayscale has repeatedly applied to convert its GBTC into a spot Bitcoin ETF, but this was rejected again by the SEC at the end of June. What's wrong with the original fund model? Why convert to an ETF?
Actually, GBTC operates similarly to a commodity exchange-traded fund (ETF) (such as a gold ETF) because it is backed by and tracks the spot price of Bitcoin. In addition, converting to an ETF offers the following advantages:
1. It can be traded on national securities exchanges such as the NYSE Arca.
2. It includes a synchronized creation/redemption mechanism.
3. It allows accredited participants (APs) to arbitrage using their net asset value (NAV) and EFTs.
Currently, GBTC is trading at a long-term discount to the spot price of Bitcoin (i.e., the price of GBTC is lower than the spot price of Bitcoin it tracks), which has been a long-standing criticism of GBTC.
However, if the issuance method is changed to ETF, because ETFs have physical settlement, AP can be allowed to directly e
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Hundreds of Bitcoins Acquired Weekly: Bitcoin Holdings Surge
Since officially adding Bitcoin to its business line in December 2024, Metaplanet's Bitcoin holdings have been climbing almost weekly. From 4,046 at the end of March 2025, they surged to 6,796 in less than two months.
Notably, the company purchased over 2,700 Bitcoins in just two months, increasing its total investment by nearly 38 billion yen.πππ
Since officially adding Bitcoin to its business line in December 2024, Metaplanet's Bitcoin holdings have been climbing almost weekly. From 4,046 at the end of March 2025, they surged to 6,796 in less than two months.
Notably, the company purchased over 2,700 Bitcoins in just two months, increasing its total investment by nearly 38 billion yen.πππ
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Is Bitcoin America's "Digital Manifest Destiny"?
At the end of his speech, Michael Saylor quoted US President Donald Trump: "Never sell your Bitcoin." This reveals the US government's long-term plan for Bitcoin.
He emphasized, "Bitcoin is America's digital manifest destiny." If the US embraces Bitcoin, it will secure its economic leadership for decades to come; but if it ignores this trend, it risks being overtaken by other countries.πππ
At the end of his speech, Michael Saylor quoted US President Donald Trump: "Never sell your Bitcoin." This reveals the US government's long-term plan for Bitcoin.
He emphasized, "Bitcoin is America's digital manifest destiny." If the US embraces Bitcoin, it will secure its economic leadership for decades to come; but if it ignores this trend, it risks being overtaken by other countries.πππ
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Sixth Largest Holder of stETH
According to Nansen data, Justin Sun, founder of Tron, staked 303,735 ETH on Lido Finance through several transactions between February 25th and February 27th, becoming the sixth largest holder of stETH.
This is worth nearly $500 million, accounting for over 70% of his assets across his three wallets (total assets approximately $689 million), roughly 0.9% of the total staking volume on Lido, and equivalent to 73.6% of the total ETH staked on another staking protocol, Rocket Pool.π’π’π’
According to Nansen data, Justin Sun, founder of Tron, staked 303,735 ETH on Lido Finance through several transactions between February 25th and February 27th, becoming the sixth largest holder of stETH.
This is worth nearly $500 million, accounting for over 70% of his assets across his three wallets (total assets approximately $689 million), roughly 0.9% of the total staking volume on Lido, and equivalent to 73.6% of the total ETH staked on another staking protocol, Rocket Pool.π’π’π’
Grayscale Investments also published a special analysis on the Shanghai upgrade, viewing it as a bullish event. The analyst highlighted several key points:
Unlocking willingness is lower than expected.
Reduced staking risk may further increase ETH demand.
Unlocking does not mean selling: Users may prefer staking firms with higher returns.
Grayscale also emphasized with data that although 1.02 million ETH have been unlocked since the upgrade, 372,000 ETH have also been deposited. Furthermore, during this period, ETH's nearly 10% increase far outpaced BTC's 0.55%.πππ
Unlocking willingness is lower than expected.
Reduced staking risk may further increase ETH demand.
Unlocking does not mean selling: Users may prefer staking firms with higher returns.
Grayscale also emphasized with data that although 1.02 million ETH have been unlocked since the upgrade, 372,000 ETH have also been deposited. Furthermore, during this period, ETH's nearly 10% increase far outpaced BTC's 0.55%.πππ
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Every retail investor who conducts spot crypto trading on Gemini must fully understand the tiered maker-taker fee structure that directly affects their final trading profits. Basic instant crypto purchases via debit cards charge a combined surcharge of nearly 5%, while the advanced ActiveTrader interface lowers fees based on 30-day cumulative trading volume. Gemini supports over 70 mainstream crypto assets paired with USD and its native stablecoin GUSD, recording every completed crypto trade with precise timestamps, order sizes, execution prices and deducted fees. Users can export all crypto transaction records as CSV files to calculate capital gains, complete tax declarations, and track portfolio changes after each buy, sell or swap operation finished on the regulated Gemini crypto exchange platform.πππ
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Institutional holdings of Crypto BTC stayed near record highs in July 2026, despite short-term price corrections and ETF outflows. Data from crypto investment firms shows that large institutions hold approximately 1.25 million BTC, representing a significant portion of circulating supply. Most institutions maintain strategic Crypto BTC allocations as a hedge against inflation and currency devaluation, rather than chasing short-term trades. This structural demand creates a long-term floor for Crypto BTC prices. While tactical profit-taking occurs, core positions remain untouched. Trading analysts say this institutional base makes deep, prolonged bear markets less likely than in earlier cycles. For Crypto BTC, institutional adoption has fundamentally changed risk-reward dynamics.π‘π‘π‘
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