Coinbase’s stock slid 8.4% after hours on July 31 as second-quarter results fell short of Wall Street expectations. Despite the plunge, COIN price quickly recovered part of the drawdown. The exchange reported total revenue of $1.5 billion for the second quarter.
Source: https://cryptoslate.com/coinbase-q2-results-miss-estimates-coin-falls-8-after-hours/
REX Shares announced its REX-OspreySOL+ Staking ETF (SSK) will make its first monthly distribution on Aug. 1. With 5,075,000 shares outstanding, the inaugural payout totals approximately $618,000. SSK launched on July 2 and amassed over$100 million in assets under management just 12 trading days later.
Blockstream launched Simplicity on the Liquid Network, enabling smart contract programability on Bitcoin. Simplicity was designed as a clean-slate smart contract language that is more expressive than Bitcoin Script yet tighter and safer than general-purpose platforms.
Tether has minted over $20 billion worth ofUSDT since the start of 2025. This pushes the stablecoin’s total circulation beyond $157 billion. Tether reported a net profit of approximately $4.9 billion for Q2 2025.
Ethereum researcher Justin Drake sketched a post-quantum, high-throughput roadmap for the next decade. The vision argued that the network can simultaneously harden security and radically scale. According to the roadmap, “if the internet is up, Ethereum is up” is the goal.
Global economic standards have been updated to formally recognize Bitcoin and other crypto assets in national wealth statistics. New international standards classify crypto as a critical component of national financial systems, without impacting GDP. The revision comes as part of a broader effort to modernize how countries track production, income, and wealth in a rapidly digitizing world.
US Securities and Exchange Commission (SEC) could soon approve spot exchange-traded funds (ETFs) for digital assets with a strong futures market presence. SEC’s focus on futures trading criteria could elevate Coinbase’s role in crypto ETF decisions.
Bitcoin (BTC) registered a1.11% hourly drawdown after the Federal Reserve kept its target range at 4.25%–4.50%. This is the largest correction recorded during a single hour of trading since July 14, when BTC retraced 1.14%. The drop happened in tandem with Fed Chairman Jerome Powell’sspeech following the latest FOMC meeting.
The 163-paged document consolidates the administration’s position across stablecoin regulation, tax reform, and federal market oversight. The report affirms a commitment to digital innovation but stops short of introducing new initiatives or expanding on earlier announcements.
Ten years ago, Ethereum was little more than an idea on Reddit. Today, it stands as one of the most significant technological innovations in modern finance. Financial giants like BlackRock, JPMorgan, and Visa have begun building on the network.
Source: https://cryptoslate.com/ethereum-sets-sight-on-becoming-global-computer-in-the-next-10-years/