On Aug 07, 2025, 01:28 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,700 USDT benchmark and is now trading at 3,707.620117 USDT, with a narrowed 3.81% increase in 24 hours.

According to PANews, the Financial Intelligence Unit (FIU) under South Korea's Financial Services Commission (FSC) initiated a study on August 6, 2025, focusing on the second phase of virtual asset legislation and anti-money laundering (AML) measures for stablecoins. The FSC announced that the forthcoming legislation is expected to incorporate stablecoins into the regulatory framework, enabling their use for payments and cross-border transfers. The study will evaluate global regulatory approaches to stablecoins and examine applicable AML and counter-terrorism financing (CFT) standards.

According to PANews, MetaMask has announced the integration of the Sei blockchain, increasing its total supported blockchains to 11. This integration provides MetaMask with native support for the Sei network, allowing users to seamlessly access Sei's decentralized application ecosystem and native assets within the wallet.

According to Cointelegraph, IREN Ltd experienced a significant increase in its share value, rising by 11.4% following the announcement of $86 million in revenue for July. This performance surpassed that of industry leader MARA Holdings in Bitcoin production. IREN reported mining 728 Bitcoin (BTC) in July, outpacing MARA's 703 BTC despite operating with a smaller deployed hashrate of 50 exahashes per second (EH/s) compared to MARA's 58.9 EH/s. The company maintained an average hashrate of 45.4 EH/s throughout July, indicating that most of its machines remained operational and efficient. The robust performance of IREN comes amid increasing mining difficulty, which has heightened energy consumption and pressured miners' profitability. This situation necessitates the adoption of more efficient equipment or the reduction of energy costs. Meanwhile, MARA's July performance was lower than in June, although it followed a strong second-quarter earnings report with a 64% year-on-year revenue increase to $238 million. MARA also holds the second-largest Bitcoin treasury, with 50,000 BTC, second only to Michael Saylor's Strategy. IREN's shares closed at $18.32 on Wednesday, marking an 11.4% increase, while most other Bitcoin miners saw gains between 1% and 5%. This surge elevated IREN's market capitalization to $4.11 billion, making it the second-largest among public Bitcoin miners, surpassing Riot Platforms and Core Scientific, and trailing only MARA. In addition to its Bitcoin mining success, IREN is expanding into the artificial intelligence (AI) sector. The company reported that $2.3 million of its July revenue came from its growing AI cloud business, part of its strategy to diversify beyond Bitcoin mining. Co-founder and co-CEO Daniel Roberts noted increasing interest in the company's NVIDIA Blackwell GPUs, designed for AI applications. IREN acquired 2,400 of these GPUs in early July, with an initial delivery of 256 units. Roberts emphasized that operating Bitcoin mining rigs alongside GPUs highlights the adaptability of IREN's infrastructure and its ability to seize market opportunities. IREN's recent achievements come approximately a year after Culper Research, a short-selling firm, labeled the company as "wildly overvalued" and criticized its investment in high-performance computing. Culper likened IREN's efforts to competing in the Monaco Grand Prix with a Toyota Prius. Since then, IREN's shares have rebounded from a low of $5.59 in April to $18.32, marking a 227% increase over the past four months.

The global cryptocurrency market has experienced a slight downturn over the past week, with Bitcoin (BTC) struggling to regain its recent highs. Market data from CoinGecko shows the total crypto market capitalization currently stands at approximately $3. 79 trillion, representing a 0. 4% decline in the last 24 hours source: https://www.newsbtc.com/news/binance-data-shows-decline-in-leverage-is-a-major-crypto-shakeout-coming/

The conflict between the US government and Wall Street is acute. If the US does indeed fall into recession due to interest rate cuts, don't be surprised. That simply proves that the claims of "interest rate cuts stimulating the economy" and "interest rate cuts stimulating inflation" are Wall Street lies.

Shares in IREN Ltd closed trading on Wednesday up 11. 4% after it reported mining more Bitcoin than MARA Holdings in July. source: https://cointelegraph.com/news/iren-mines-more-bitcoin-mara-holdings-in-july?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to BlockBeats, Bitwise CIO Matt Hougan has indicated that institutions and governments are in discussions about incorporating Bitcoin into their reserves. This development marks the early stages of exponential demand for the cryptocurrency.

The Orca Council proposes a strategic buyback of ORCA tokens using 55,000 SOL, aiming to bolster value. source: https://coincu.com/353089-orca-token-buyback-proposal

الرؤى الرئيسية: يبلغ حجم سوق العملات الرمزية للذكاء الاصطناعي العالمي 27. 5 مليار دولار، ولكنه انخفض بأكثر من 3% خلال ال 24 ساعة الماضية. في حين أن معظم العملات المرتبطة بالذكاء الاصطناعي قد هدأت، إلا أن موافقة الولايات المتحدة الأخيرة على OpenAI وGoogle وAthropic لتقديم خدمات الذكاء الاصطناعي للوكالات الحكومية المدنية قد جلبت اهتمامًا جديدًا للقطاع source: https://www.thecoinrepublic.com/ar/2025/08/06/%d8%a3%d9%81%d8%b6%d9%84-5-%d8%b9%d9%8f%d9%85%d9%84%d8%a7%d8%aa-%d8%b1%d9%82%d9%85%d9%8a%d8%a9-%d9%85%d9%8f%d8%b4%d9%81%d8%b1%d8%a9-%d8%aa%d8%b9%d9%85%d9%84-%d8%a8%d8%a7%d9%84%d8%b0%d9%83%d8%a7%d8%a1/

Speaking on a recent podcast, Geraci speculated that the asset management giant is simply biding its time. source: https://coindoo.com/is-blackrock-waiting-for-the-sec-before-jumping-into-xrp-and-solana-etfs/

Golden Finance has launched the 2778th issue of "Golden Morning 8", a morning newspaper for the cryptocurrency and blockchain industry, to provide you with the latest and fastest digital currency and blockchain industry news.

Blockchain, a virtual replica of the real-world "power fragmentation," may be providing a subtle but firm escape route for those trapped under the powerful.

Golden Finance has launched the "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and metaverse industry news.

Cryptocurrency, investment, 5-year DCA vs. All-in: Which is stronger in cryptocurrency investing? Golden Finance, investing has bid farewell to the days of handwritten stock slips and blurry ticker tape.

Ethena has quickly emerged as one of the most innovative players in the stablecoin and synthetic dollar space.

On August 1, the highly anticipated Hong Kong Stablecoin Ordinance was finally officially implemented.

Who will be the next Federal Reserve Chairman? Trump's latest speech reveals a major signal!

Recommended reading tonight: 1. Three investment opportunities that will immediately benefit from the US SEC's "Project Crypto"; 2. VanEck: Will ETH be a better asset than BTC?; 3. Full text of the US SEC statement: Liquidity pledges are not securities and do not require registration;

The world has never stopped reshaping its values, but this time, algorithms have become the writers of new rules.