How Big Are 401(k)s? And What Impact Does This Have on Crypto?

According to PANews, Mind Network has officially introduced a new protocol called Encrypted Messaging Onchain, designed to provide native compliance, privacy, and communication capabilities for real-world asset scenarios such as real estate, stablecoin settlements, and cross-border payments. The solution supports automatic wallet key generation, enabling end-to-end encryption. It allows users to attach structured, encrypted, and verifiable messages to any transaction, meeting compliance requirements for information on purpose, identity, and auditing in financial activities. This mechanism is similar to standard messaging systems used in traditional finance and cross-border trade. Encrypted Messaging Onchain integrates fully homomorphic encryption (FHE) with traditional cryptographic techniques to ensure that sensitive data can only be accessed by authorized parties. Officials noted that the blockchain sector currently lacks such an encryption messaging standard for real-world assets, and this protocol is expected to become a crucial component in building an "on-chain SWIFT" infrastructure, advancing the compliance process within the crypto ecosystem.

According to Foresight News, U.S. truck manufacturer Worksport (NASDAQ: WKSP) has announced that its Bitcoin holdings have doubled since the implementation of its cryptocurrency financial strategy in December 2024. The company highlighted that its digital asset portfolio, which includes Bitcoin and XRP, has increased by approximately 15% since the initial purchase. The specific details of their holdings will be disclosed in the second quarter financial results for 2025, scheduled for release on August 13, 2025.

According to Binance Futures data, over the past 24 hours, the ETH/USDT, BTC/USDT, SOL/USDT, MYX/USDT, and XRP/USDT trading pairs led the USD-M perpetual futures market in trading volume.ETH/USDT perpetual futures long/short ratio: 1.36, funding rate: 0.0100%.BTC/USDT perpetual futures long/short ratio: 1.18, funding rate: 0.0100%SOL/USDT perpetual futures long/short ratio: 2.81, funding rate: 0.0095%.MYX/USDT perpetual futures long/short ratio: 0.72, funding rate: -2.0000%.XRP/USDT perpetual futures long/short ratio: 2.41, funding rate: 0.0100%.

Trump to allow private equity, real estate and crypto in 401(k)s under new executive order source: https://www.thestreet.com/crypto/policy/trump-to-sign-executive-order-putting-crypto-in-401-k-s-

The crypto market cap is now at $3. 76 trillion, with 24-hour volume above $125 billion. source: https://coindoo.com/altcoins-gain-momentum-as-bitcoin-dominance-drops/

Arthur Hayes says the U. S. will need to print $9T to avoid collapse, a move he claims could send Bitcoin soaring to $250K source: https://cryptopotato.com/massive-bitcoin-price-prediction-by-arthur-hayes-calls-for-btc-at-250k/

null source: https://x.com/BTC_Archive/status/1953447620946297261

Ether outpaces Solana and Bitcoin in capital inflows and futures dominance, with $4,000 retest in the cards. source: https://cointelegraph.com/news/ethereum-beats-solana-in-capital-inflows-4k-target-in-sight?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

President Donald Trump will sign an executive order today directing federal regulators to ease legal pathways for 401(k) plans to include private equity, real estate, crypto, and other alternative assets. As Bloomberg reported, the directive tasks the Department of Labor with reevaluating fiduciary guidance under the Employee Retirement Income Security Act (ERISA) and coordinating with […] The post Trump opens $12. source: https://cryptoslate.com/trump-opens-12-5-trillion-401k-market-to-crypto-and-private-equity-access/

null source: https://x.com/BTC_Archive/status/1953445846717956586

This attempt breaks the inherent geographical and financial barriers to IPOs and also marks a fundamental change in the logic of asset issuance.

Recommended reading for tonight: 1. ETH will experience a step-by-step growth, just like BTC in 2017; 2. Bitcoin is quietly brewing a major change; 3. The intelligent evolution of DeFi: from automation to AgentFi;

The market highly expects that FOMC members will make their first interest rate cut decision in 2025.

On August 1, Hong Kong’s “Stablecoin Issuance and Reserve Management Ordinance” officially came into effect.

In a major move to expand its public sector presence, OpenAI has announced it will provide its ChatGPT to the U.S. federal agencies for just $1 over the next year.

Dubai and UAE regulators agreed to work together on crypto licences to make rules clearer across the country. Firms licensed in Dubai may soon operate nationwide, but still need to pass joint checks.

The two Estonian co-founders of the now-defunct crypto mining company HashFlare are seeking leniency after pleading guilty to wire fraud, while U.S. federal prosecutors are calling for each to serve a full decade in prison

How did we build such a big, loud, and well-funded industry without launching a single everyday app?

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