Mac-House, a major apparel retailer, has partnered with Zero Field to enter the cryptocurrency sector. They aim to diversify revenue through a hybrid strategy of purchasing and mining cryptocurrencies, primarily focusing on Bitcoin. This move reflects an increasing trend of traditional retailers venturing into the crypto space.
SMBC Group has opened a business co-creation facility called "HOOPSLINK" in Marunouchi, Tokyo, aiming to tackle complex social issues and foster innovation through advanced technologies like AI and quantum computing.
The Pomerantz Law Firm has filed a class-action lawsuit against a U.S. strategy firm and its executives, alleging they overestimated the profitability of their Bitcoin investment strategy while downplaying volatility risks.
A consortium led by supporters of Metaplanet plans to acquire Thai listed company DV8 to replicate its successful Bitcoin treasury strategy in Southeast Asia. Analysts caution about risks associated with Bitcoin strategies for corporations.
Mitsui & Co. Digital Asset Management and new companies Orutena Trust and BOOSTRY have announced a collaboration to enhance the Security Token market in Japan by providing integrated services from issuance to management, aiming to foster further development in the digital asset sector.
The report by Finery Markets on OTC cryptocurrency trading in the first half of 2025 reveals a significant increase in both stablecoin transactions, which rose by 121% year-on-year, and altcoin trading, accounting for 16.7% of total OTC volume. The report analyzes over 4.1 million trades and highlights ongoing trends in liquidity and cross-platform strategies.
CEO Vlad Tenev of Robinhood described OpenAI's tokenization service as a significant opportunity for investors. However, OpenAI denied any partnership, raising doubts about Robinhood's legitimacy in offering stock tokens, leading to fluctuations in their stock price.
OKJ has announced the addition of the SEI cryptocurrency, expanding its offerings to 46 cryptocurrencies. SEI is a layer-1 blockchain native token, integral to various markets like DEX and NFT, and is set for trading starting July 11, 2025.
Bitcoin's price surged past $110,000 following significant U.S. tax reforms and strong employment data. Its correlation with stock indices is increasing, indicating it is becoming a risk asset again, while previous ties to gold have weakened.
The U.S. House has designated the week of July 14 as "Cryptocurrency Week," focusing on three key bills aimed at establishing regulatory frameworks for digital assets, protecting consumer privacy, and promoting the U.S. as a global crypto hub.
Arthur Hayes predicts a bearish trend in the crypto market ahead of the Jackson Hole conference, with Bitcoin potentially dropping to $90,000-$95,000 due to reduced dollar liquidity. He advises focusing on Treasury Secretary policies rather than the Fed's actions for future liquidity prospects.
The IMF has rejected Pakistan's proposal to subsidize electricity costs for cryptocurrency mining, citing concerns about added strain on the power supply and market distortion. Pakistan is now negotiating with various international organizations to revise its plans, which aimed to allocate 2,000 MW of surplus electricity for Bitcoin mining and AI data centers to boost the economy.
The REX-Osprey Solana+ Staking ETF launched on July 3, recording a trading volume of approximately $33 million on its first day. Unlike typical staking ETFs, it adheres to stricter regulations and offers staking rewards while tracking Solana's price.