Crypto Bills Advancing This Week Set to Push Industry Toward Mainstream Adoption — Reuters
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X (formerly Twitter)
Cosmos - The Interchain ⚛️ (@cosmos) on X
The First 6 Months of the New Cosmos, and What’s Next
Cosmos Pauses EVM Platform Launch Due to High Costs, Plans Project Reevaluation
The Cosmos development team has announced the temporary suspension of its EVM-compatible platform rollout, citing unexpectedly high operational expenses. The project will undergo a comprehensive cost-benefit reassessment before proceeding.
The Cosmos development team has announced the temporary suspension of its EVM-compatible platform rollout, citing unexpectedly high operational expenses. The project will undergo a comprehensive cost-benefit reassessment before proceeding.
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Australia Launches Bitcoin-Backed Mortgages Amid Housing Crisis
A new financial product allowing Australians to leverage Bitcoin as collateral for home loans has been introduced, targeting both crypto holders and those struggling with the country’s worsening housing affordability crisis, reports CoinTelegraph.
A new financial product allowing Australians to leverage Bitcoin as collateral for home loans has been introduced, targeting both crypto holders and those struggling with the country’s worsening housing affordability crisis, reports CoinTelegraph.
Cointelegraph
Australia embraces Bitcoin for home loans as housing crisis deepens
Block Earner debuts Australia’s first Bitcoin-backed home loan, offering crypto holders a new path to property ownership as the country faces soaring housing costs.
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Ethereum-Based ETFs See Record Weekly Inflows
▪️From July 14 to 18, U.S. spot Ethereum ETFs saw net inflows of $2.18 billion — the highest weekly figure since their launch a year ago.
▪️During the same period, spot Bitcoin ETFs attracted $2.39 billion. This marks the sixth consecutive week of positive net inflows into Bitcoin funds.
▪️A net inflow means that the amount of new investor funds entering the ETFs exceeded the amount of redeemed shares.
These inflows compel fund managers (like BlackRock, Fidelity, and other ETF operators) to purchase the equivalent amount of Bitcoin or Ether, thereby creating additional demand and supporting price growth.
▪️According to SoSoValue, the entire group of spot Ethereum ETFs collectively holds 4.19% of the circulating ETH supply — worth over $18.37 billion.
▪️None of the nine active funds have recorded a decrease in assets. Capital continues to flow into Ethereum spot ETFs for the tenth week in a row.
ETH is currently trading around $3,800 — its highest level in 2025. In July alone, ETH has gained over 50%.
▪️From July 14 to 18, U.S. spot Ethereum ETFs saw net inflows of $2.18 billion — the highest weekly figure since their launch a year ago.
▪️During the same period, spot Bitcoin ETFs attracted $2.39 billion. This marks the sixth consecutive week of positive net inflows into Bitcoin funds.
▪️A net inflow means that the amount of new investor funds entering the ETFs exceeded the amount of redeemed shares.
These inflows compel fund managers (like BlackRock, Fidelity, and other ETF operators) to purchase the equivalent amount of Bitcoin or Ether, thereby creating additional demand and supporting price growth.
▪️According to SoSoValue, the entire group of spot Ethereum ETFs collectively holds 4.19% of the circulating ETH supply — worth over $18.37 billion.
▪️None of the nine active funds have recorded a decrease in assets. Capital continues to flow into Ethereum spot ETFs for the tenth week in a row.
ETH is currently trading around $3,800 — its highest level in 2025. In July alone, ETH has gained over 50%.
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New York Post
NYC crypto bros accused of torturing Italian millionaire with...
The crypto bros accused of torturing an Italian millionaire for his Bitcoin password were granted $1 million bail each Wednesday -- but won't be allowed to pay it using e-currency.
Manhattan Pastor and Wife Charged in Crypto Investor Kidnapping
A Manhattan pastor and his wife were arrested in connection with the kidnapping and torture of a crypto investor. Prosecutors detailed a written “manifesto” outlining the elaborate plan for extortion and ransom.
Police stated that the couple targeted the victim based on his perceived control of large cryptocurrency holdings, adding a disturbing dimension to financial crimes linked to digital wealth.
A Manhattan pastor and his wife were arrested in connection with the kidnapping and torture of a crypto investor. Prosecutors detailed a written “manifesto” outlining the elaborate plan for extortion and ransom.
Police stated that the couple targeted the victim based on his perceived control of large cryptocurrency holdings, adding a disturbing dimension to financial crimes linked to digital wealth.
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Coinbase
Coinbase and JPMorgan Chase join forces to make it even easier to access crypto
We’re partnering with JPMorgan Chase to offer 3 new ways to participate in crypto: the ability to transfer Chase Ultimate Rewards to USDC, the ability to use Chase credit cards to fund your Coinbase account, and a new direct bank integration.
Coinbase has announced a partnership with banking giant JPMorgan Chase to make access to cryptocurrencies even easier.
Source – Coinbase Blog
Source – Coinbase Blog
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A high school student gave ChatGPT $100 and allowed it to fully manage the investments.
The AI independently selected stocks, volumes, and stop-loss levels — and within a month, the portfolio grew by 23.8%.
The experiment’s creator did not interfere with the process and even built a custom system to track trades via Yahoo Finance.
The AI independently selected stocks, volumes, and stop-loss levels — and within a month, the portfolio grew by 23.8%.
The experiment’s creator did not interfere with the process and even built a custom system to track trades via Yahoo Finance.
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Coindesk
Cardano News: Community Approves $70M Core Dev Budget, Boosting ADA Price Prospects
Proposed technical implementations are designed to lead to increased developer activity and new use cases for applications on the network, contributing to demand for ADA, the network’s gas token.
The Cardano community has approved a $70 million budget allocation for further core development of the project.
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The statue of Satoshi Nakamoto was found in a nearby lake.
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Ft
OpenAI in talks for share sale valuing ChatGPT maker at $500bn
Secondary deal would make the company world’s most valuable private technology group
OpenAI could become the most valuable private tech company in the world, according to FT.
▪️The developer of ChatGPT is in talks with investors regarding a secondary sale of employee-owned shares.
▪️This deal could push the company’s valuation to $500 billion.
▪️The developer of ChatGPT is in talks with investors regarding a secondary sale of employee-owned shares.
▪️This deal could push the company’s valuation to $500 billion.
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