According to PANews, Ethereum (ETH) has recently surpassed the $3,900 threshold. As of now, it is trading at $3,903.99 per coin, reflecting a daily increase of 1.75%.

On Aug 07, 2025, 22:48 PM(UTC). According to Binance Market Data, Ethereum has crossed the 3,900 USDT benchmark and is now trading at 3,905.860107 USDT, with a narrowed 6.13% increase in 24 hours.

Huobi HTX collaborates with World Liberty Financial to introduce USD1 stablecoin rewards, increasing adoption through secure trading and innovative incentives. source: https://coincu.com/353296-huobi-wlfi-usd1-rewards-launch

President Trump has nominated crypto advocate Stephen Miran to a Federal Reserve Board seat through 2026, as his monetary policy views could influence the Fed’s direction. source: https://cryptonews.com/news/trump-taps-pro-crypto-miran-for-fed-board-through-2026-as-bitcoin-reclaims-117k/

According to Cointelegraph, the legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has reached its conclusion following a joint filing that confirmed the dismissal of both the regulator's appeal and the blockchain company's cross-appeal. This development marks the end of a significant enforcement action concerning XRP, Ripple's digital asset. The U.S. Court of Appeals for the Second Circuit acknowledged the joint dismissal in a filing submitted on Thursday. This decision effectively closes the chapter on the legal dispute that has been closely watched by the cryptocurrency industry. Ripple's Chief Legal Officer, Stuart Alderoty, expressed relief and readiness to move forward, stating, "The end…and now back to business," in a post on X, formerly known as Twitter. The lawsuit has been a focal point in the ongoing debate over regulatory clarity in the cryptocurrency sector. Ripple Labs has consistently argued that XRP should not be classified as a security, a stance that has been central to its defense against the SEC's allegations. The resolution of this case may have broader implications for how digital assets are regulated in the United States, potentially influencing future legal interpretations and enforcement actions. As this story develops, further updates are anticipated, shedding light on the potential impacts of this legal resolution on Ripple Labs and the wider cryptocurrency market. Stakeholders and observers are keenly interested in understanding how this outcome might affect regulatory approaches and the operational strategies of blockchain companies moving forward.

XRP Faces Challenges Beneath Crucial Resistance Level as Traders Anticipate Possible Breakout Opportunities in the Market source: https://blocknews.com/xrp-struggles-under-key-resistance-as-traders-eye-breakout-potential/

null source: https://x.com/BTC_Archive/status/1953580218104390019

The filing came precisely one year after Ripple had been ordered to pay $125 million as part of an enforcement action over the company using XRP as unregistered securities. source: https://cointelegraph.com/news/sec-ripple-drop-appeals-enforcement-action?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

President Donald Trump signed an executive order on Aug. 7 to halt what his administration called discriminatory banking practices against the crypto industry. The order bars federal regulators from using “reputational risk” as justification to influence banks’ decisions about working with legal businesses source: https://cryptoslate.com/trump-signs-executive-order-to-end-banking-discrimination-against-crypto-industry/

Plasma teams up with Aave for a groundbreaking institutional blockchain fund, boosting financial technology adoption. source: https://coincu.com/353293-plasma-aave-launch-blockchain-fund

AB DAO announces that AB has been listed on Kraken as of 7 Aug 2025. Users can now deposit AB and place post-only limit orders (orders will not match yet). Order matching is scheduled to begin on August 8, 2025, when the trading pairs AB/EUR and AB/USDT go live.

There is about $9 trillion in 401(k) accounts, compared to the entire cryptocurrency industry, which is worth less than $4 trillion.

The Trump administration's radical moves to reshape the global trade landscape are taking the U.S. and world economies into uncharted waters.

COSMOS: Who Killed the Cross-Chain King Cosmos? Golden Finance: The Cosmos ecosystem is at a critical historical moment.

ARK's strategy proves that investing in cryptocurrency stocks is more than just buying and holding, especially when you want to optimize returns.

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.

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

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.