Solana‑based xStocks have cleared a new milestone one month after their June 30 debut, with cumulative trading volume reaching $1.66 billion as of July 30. According to the project’s official dashboard at Dune, the growth has been driven overwhelmingly by centralized exchange (CEX) activity. CEX volume stands at $1.57 billion, roughly 95% of the total, while decentralized venues amounted to $85.2 million. On‑chain transaction volume across the xStocks ecosystem totals $356.4 million, indicating significant token activity even as most turnover occurs off‑chain.xStocks are tokenized versions of stocks issued by Backed Finance on the Solana blockchain.AUM growsAssets under management (AUM) are approaching the $40 million mark, with…
Author: cryphedge
Ever since the Fed’s rates were slashed below 5% back in October 2024, they have been reduced consistently month after month. This drop had a significant impact on the Bitcoin price, as it broke above the consolidation and surged above the $100,000 milestone for the first time in history. Now that the Fed rates remain unchanged at 4.25% to 4.5%, the cautious stance amid persistent inflation and moderate growth could raise some concerns. The Fed noted that economic activity has decreased since the start of the year, while the labour market remained strong and somewhat elevated. Meanwhile, the official remains extremely…
Bitcoin (BTC) price has gradually lost its initial July bullish momentum during the past three weeks. The flagship coin has consolidated in a choppy fashion during the past three weeks below $120k amid robust fundamentals, which ordinarily favors bullish sentiment.According to market aggregate data from TradingView, BTC price slipped below $117k on Wednesday, resulting in the liquidation of long traders. However, Bitcoin’s OI-weighted funding rate has remained positive in the past 30 days, signaling the existence of macro bullish speculative trading.Source: CoinglassBitcoin Price Falters on Uncertainty in Monetary Policy Wednesday’s 1.4 percent Bitcoin price drop to trade at about $116,246 during…
The crypto market is quietly optimistic this week. Despite a cooling off in prices over recent days, the overarching trend of July 2025 has been highly bullish. Market leaders such as Bitcoin and Ethereum are well into the green, while many meme coins are up far more. As such, experts are looking for the best meme coins to buy for big gains in August. Leading analysts have identified Pudgy Penguins and TOKEN6900 as projects with the most potential right now. $PENGU is regarded as the top large-cap play on the market, while TOKEN6900 is a low-cap meme coin that’s tipped…
President Donald Trump’s administration released its most detailed digital asset policy report on Wednesday, outlining a broad regulatory roadmap for crypto but offered no new insight into the government’s proposed strategic Bitcoin (BTC) reserve.The 163-page document, prepared by the President’s Working Group on Digital Asset Markets, consolidates the administration’s position across stablecoin regulation, tax reform, and federal market oversight.While the report affirms a commitment to digital innovation, it stops short of introducing new initiatives or expanding on earlier announcements, including the high-profile plan to build a federal reserve of Bitcoin and other digital assets.The reserve proposal, initially introduced through a…
Polygon’s Heimdall consensus layer was down for 1 hour today due to a consensus bug. The Bor layer stayed live, and transactions continued uninterrupted. The bug follows the recent complex Heimdall V2 upgrade. Polygon, one of Ethereum’s leading Layer 2 scaling solutions, suffered a temporary outage on Wednesday, July 30, 2025, that halted its Heimdall consensus layer for approximately one hour. Notably, the unexpected disruption came just weeks after the network’s most technically complex upgrade since its inception in 2020. Validator exit triggered the rare failure The outage began around 09:30 UTC when Heimdall, the consensus layer responsible for managing…
FunToken is no longer just a speculative GameFi asset; it’s evolving into a credible infrastructure token for the decentralized gaming space. Its recent market momentum isn’t accidental or hype-driven. Instead, it reflects a deliberate alignment of key ecosystem developments, deflationary token mechanics, and strong technical indicators. With over 3 billion mobile gamers globally and a rising appetite for play-to-earn models, FUNToken’s expanding use cases, from staking and tipping bots to AI-integrated gaming experiences, are capturing the attention of both users and investors. Add in the recent Uniswap liquidity surge, cross-chain bridge announcements, and consistent token burns, and the stage was…
Toncoin (TON) seems to be defying the market trend, registering rallies across all time frames while the larger market faces a correction. According to CoinGecko’s TON data, TON has rallied 3.9% in the last 24 hours, 3.1% in the weekly charts, 9.3% in the 14-day charts, and 18.3% over the previous month. Despite the upward momentum over the last few days, the asset’s price has fallen by 48.4% since July 2024.Source: CoinGeckoWhat’s Behind TON’s Upswing?Source: Asia CryptoAccording to CoinGlass TON data, TON has seen a 41.46% rise in volume over the last 24 hours. The asset has also seen a…
Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Share Last updated: July 30, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and…
Cardano’s performance this month has been respectable, but traders eyeing even bigger upside are casting their nets elsewhere. Meanwhile, Hedera’s HBAR is carving out a quiet rally around $0.273, buoyed by whale accumulation and a 3.4 % bounce on July 29. And Remittix (RTX), under $1 and backed by live payment rails and a $250 000 giveaway, is tipped to skyrocket by 20× in Q3. Here’s why ADA may offer stability, but HBAR and RTX could deliver bigger wins in 2025.Cardano’s Steady FoundationCardano’s $0.82 support held firm after a 5 % dip to $0.79, reflecting resilience around key technical levels. Active addresses have stabilized near…
