Author: CryptoGlobeToday.com

Trump Media & Technology Group’s Truth API became available to institutional customers on Aug. 1, giving trading firms rapid, machine-readable access to posts from influential Truth Social accounts, including U.S. President Donald Trump’s account. Summary August 1 launch gives institutions millisecond access to influential Truth Social posts with continuous coverage. Schiff and Warren asked the SEC to investigate whether the paid feed violates securities laws. Trump’s trust holds 41% of Trump Media, linking the product’s revenue directly to his wealth. The launch followed a July 16 Form 8-K in which Trump Media said it had already signed customers and was…

Key Takeaways  As billions floods into altcoin derivatives as Wall Street and retail collide, risking either a euphoric altseason or a brutal liquidation cascade fueled by fragile leverage and speculative frenzy. In 2025, gamblers have pushed $61.7 billion in speculative bets onto the altcoin derivatives table, a new and dizzying record. This isn’t just one big wave; it’s a messy chop of conflicting currents, with Wall Street suits and Reddit degens chasing different dreams. The whole setup feels precariously balanced, one bad wobble away from either a face-melting “altseason” or a catastrophic wipeout that liquidates everyone. Leverage: The market’s rocket…

TLDR: Grayscale urged Senate leaders to schedule a CLARITY Act floor vote before the August recess, warning that regulatory delays restrict institutional participation. The House passed H.R. 3633 by 294-134, while the Senate Banking Committee advanced the measure 15-9 before sending it toward the chamber floor. Senate negotiations still cover ethics enforcement, stablecoin rewards, developer protections, and counter-terrorist-financing compliance language. Republicans hold 53 Senate seats, so supporters may need at least seven Democratic votes to clear the 60-vote procedural threshold. Grayscale has urged Senate leaders to schedule a CLARITY Act vote before lawmakers leave Washington for the August recess. The…

Key TakeawaysU.S. spot bitcoin exchange-traded funds (ETFs) saw $265.4 million in net outflows on July 31, led by Blackrock’s IBIT.Spot ether ETFs bucked the trend with about $9 million in inflows on the same day.The reversal came a day after bitcoin ETFs pulled in $233.1 million on July 30. A Sharp One-Day Reversal US spot bitcoin ETFs recorded $265.4 million in total net outflows on July 31. Blackrock’s iShares Bitcoin Trust (IBIT) led the retreat with $122.7 million in redemptions, followed by Fidelity’s FBTC at $54.8 million (with the two funds accounting for roughly two-thirds of the day’s total outflow).…

Bitget has upgraded its Bitcoin-backed BGBTC asset with daily BTC-denominated rewards, cross-chain transfers through Chainlink CCIP, and independent oversight from Gauntlet. Summary BGBTC holders will receive daily rewards denominated in Bitcoin following the upgrade. Chainlink CCIP will serve as BGBTC’s canonical cross-chain infrastructure. Gauntlet will independently oversee the asset’s underlying yield strategies. BGBTC remains backed by Bitcoin at a 1:1 ratio, according to Bitget. Bitget adds daily Bitcoin rewards to BGBTC Bitget said the upgraded BGBTC will distribute daily rewards denominated in BTC to token holders. The asset is designed to maintain a 1:1 peg with Bitcoin while allowing users…

A rewards subsidiary of Kansai Electric Power has launched a loyalty-points conversion route into JPYC on Polygon, giving Japanese users a small but meaningful bridge between closed-loop reward points and on-chain stablecoin payments. The integration involves MOACT’s rewards app, NORM Points, JPYC, Polygon, and HashPort Wallet. According to the validated notes, users can convert loyalty points into JPYC, a yen-pegged stablecoin, and then store or transfer those assets through HashPort Wallet. Before this, the points were more limited, with redemption focused on gift cards and closed-loop rewards. The new route gives users access to a more flexible digital-money rail. It…

Everyone’s been glued to Arbitrum competitors like Solana and their meme coin charts, as well as Base’s retail app growth, and it’s easy to see why those make for flashier headlines. But a quieter number just flipped in Arbitrum’s favor, and the more I dug into it, the more I think it matters more than either of those stories.Arbitrum has pulled ahead of Solana in total stablecoin holders, hitting a fresh all-time high in the process, and the gap between the two networks is thinner than I expected going in.A Quiet Milestone Nobody Saw ComingHere’s the thing about stablecoin holder…

Binance Wallet’s latest updates offer a seamless solution for anyone dealing with token dust scattered across multiple addresses, tiny leftover balances that are too small to swap, too annoying to ignore, and too numerous to deal with one at a time. So when Binance Wallet rolled out a proper Dust Conversion tool alongside an expanded Meme Rush feed in the same week, I paid closer attention than I normally would to what looks, on the surface, like a routine update.Cleaning Up Dust Without The Usual HassleBinance Wallet announced Dust Conversion is now live, letting users clean up forgotten value sitting…

Key highlights:Robinhood reported record second-quarter revenue as trading activity surged across equities, options, and cryptocurrenciesCrypto revenue more than doubled year over year, helping drive another quarter of record profitabilityDespite the strong results, Robinhood shares slipped as investors appeared to take profits following the stock’s massive rally this yearRobinhood shares fall after blockbuster earningsRobinhood Markets (HOOD) traded lower despite reporting its strongest-ever quarterly results, as investors looked past the headline earnings beat and locked in gains after the stock’s remarkable run.On Wednesday, HOOD stock closed at $89.84 after a 3.15% drop before recovering modestly in premarket activity, even as the company…

TLDR: The PayPal stablecoin strategy is moving deeper into global payments as PYUSD reaches about 70 markets and gains more blockchain access. Q2 revenue rose to $8.68 billion, beating the $8.47 billion estimate, while adjusted earnings reached $1.38 per share for the quarter. PayPal excluded an $81 million loss tied to strategic investments and crypto assets from non-GAAP performance calculations. Kraken placed PYUSD on Stellar within its network expansion roadmap, but the exchange has not confirmed immediate network support. The PayPal stablecoin strategy gained attention after the company reported stronger second-quarter revenue and a significant investment-related adjustment. Revenue reached $8.68…