United States President Donald Trump has taken an important step against banking practices targeting the cryptocurrency sector. President Trump aims to end what he calls “unfair” practices by federal regulators against financial institutions working with the cryptocurrency sector with the new executive order he signed today. “The digital assets industry has been targeted by unfair banking disruptions. Such practices undermine public trust in the banking system and regulators, jeopardize livelihoods, freeze wages, and impose serious economic burdens on honest Americans,” the White House said in a memo. The decree removes the concept of reputational risk, which the US Federal Reserve uses in banking oversight, from its oversight criteria. This concept refers to the possibility that institutions will lose customers or experience a decline in revenue due to negative press or public perception. While this term isn't limited to crypto, industry representatives have argued that this rationale is being used to target crypto companies. Related News: BREAKING: Ethereum Craze Continues - Nasdaq-Listed Company Makes $5 Billion ETH Move The Trump administration's decision follows recent complaints from crypto companies and individuals about banks closing their accounts without justification. Trump fulfilled his promise to end this practice, officially ending what the industry dubbed “Operation Choke Point 2.0.” The term “Operation Choke Point 2.0” was coined in 2023 by Castle Island Ventures co-founder Nic Carter and compared to the Obama-era “Operation Choke Point” of 2013. At the time, access to banking services was restricted to sectors deemed at high risk of fraud and money laundering. *This is not investment advice. Continue Reading: Donald Trump Signs Another Crypto-Friendly Executive Order
Binance has partnered with Mastercard to let European users convert crypto to fiat and withdraw funds directly to eligible Mastercard accounts. The new features offer faster and more convenient access to crypto earnings, improving off-ramping options. European Binance Users Can Now Off-Ramp Crypto Directly to Mastercard Binance has launched a new feature that allows European
Bitcoin took a symbolic step into the US central bank on Thursday as President Donald Trump nominated Dr. Stephen Miran, the White House Council of Economic Advisers chair, to fill a vacant seat on the Federal Reserve Board of Governors through January 31, 2026, pending Senate confirmation. The short-term appointment follows the early resignation of Governor Adriana Kugler and gives the White House an immediate voice at the Board while a longer-run personnel shuffle—most notably the question of who succeeds Chair Jerome Powell when his chairmanship ends on May 15, 2026—continues to loom. Miran’s résumé straddles markets and policy. Before becoming CEA chair, he served at Treasury during the pandemic and worked in macro investing; he has since published work proposing to overhaul Fed governance—arguing the central bank has drifted into “groupthink” and “excessive monetary accommodation.” In a 2024 Manhattan Institute report he and coauthors urged shorter Board terms, clarified presidential removal authority, more power for the Reserve Banks, and bringing the Fed’s budget under congressional appropriations—changes they say would deliver “better monetary outcomes” while restoring democratic accountability. Markets and macro watchers immediately tried to triangulate what Miran’s arrival means for the near-term policy mix. The practical impact could be bounded by the calendar—his term runs only through January 31, 2026, covering a handful of FOMC meetings—but the symbolism is not: the nomination lands as the White House has pressed for rate cuts and previewed a broader reshaping of the Fed after Powell’s term as chair ends next May. Miran is a like-minded voice now while the administration canvasses candidates for the chair. Miran has been an outspoken critic of the Fed’s pandemic-era stance and its later framework pivot; the Manhattan Institute paper faults the central bank’s “excessive monetary accommodation” and its dismissal of early inflation as “transitory.” He has also argued, in interviews and policy essays, for rebalancing the international monetary system and for tariffs as a tool to shift burden-sharing without deliberately weakening the dollar—positions that put him squarely inside the current administration’s macro playbook. ‘Bitcoin Fixes This’ – Miran Bitcoin circles seized on the appointment for a different reason: Miran has, on multiple occasions, echoed a popular Bitcoin refrain. On Aug. 18, 2023, he posted “Bitcoin fixes this” from his personal account, and social-media archivists circulated a separate Jan. 9, 2022 instance of him writing “Bitcoin fixes this.” That posture tracks with remarks Miran made in late 2024 about the role of financial deregulation—as well as Bitcoin and crypto specifically—in a growth agenda. In a December 2024 interview on The Bitcoin Layer, he said: “Financial deregulation is going to be a powerful part of that. I think that crypto has a big role potentially to play in innovation.” (The conversation is widely excerpted and summarized in crypto trade coverage.) Reaction across X was swift. MacroScope called the pick “Huge. I’ve posted about Miran before. Always been a fan.” Steven Lubka, the Vice President of Investor Relations at Nakamoto, highlighted the archival Bitcoin posts: “A future member of the Federal Reserve board has tweeted ‘Bitcoin Fixes This’”. Alex Gladstein of the Human Rights Foundation, a prominent Bitcoin advocate and Fed skeptic, simply wrote: “Strange times.” Beyond the headline Bitcoin angle, Miran’s publication record suggests he will push internally on two axes: governance and scope. In a Mercatus Center discussion last year, he criticized large-scale asset purchases for eroding the line between fiscal and monetary policy, a theme echoed in his Manhattan Institute report’s call to “cordon off” non-monetary functions from the FOMC and to restore a narrower, technocratic focus on price stability. Those proposals—shortening Board terms, clarifying presidential removal, strengthening Reserve Banks, and subjecting the Fed’s operating budget to appropriations—would together amount to the most consequential redesign of the Fed’s institutional architecture in decades. For now, the practical timeline is straightforward. The seat Miran would occupy is the remainder of Kugler’s term ending January 31, 2026; confirmation is required, and the calendar means he could be seated for only a few meetings before the next inflection point in Fed leadership. Powell’s term as chair ends May 15, 2026, though his underlying Board tenure runs to January 31, 2028, and presidents historically signal chair choices months in advance. Today’s interim move, therefore, looks less like a capstone than the first placement in a larger chess game over the central bank’s direction into 2026. At press time, Bitcoin traded at $116,550.
A new court filing on August 7 from the US Securities and Exchange Commission and Ripple Labs stated that both parties have agreed to dismiss their appeals. The move has brought official closure to one of the longest-drawn-out and most closely observed crypto lawsuits in history. In the joint stipulation of dismissal filed with the US Court of Appeals for the Second Circuit, both parties wrote: #XRPCommunity #SECGov v. #Ripple #XRP BREAKING: The parties have filed a Joint Dismissal of the Appeals. The case is over. pic.twitter.com/QMATRLnxnS — James K. Filan (@FilanLaw) August 7, 2025 Ending a Five-Year Battle “Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals,” Ripple’s chief legal officer, Stuart Alderoty, said on Thursday, before adding, “The end…and now back to business.” The SEC sued Ripple Labs and two of its top executives, Brad Garlinghouse and Chris Larsen, in December 2020. It alleged the firm conducted an unregistered securities offering by selling XRP. The case became a battleground with appeals and counter appeals costing millions in legal fees, and put the classification of crypto assets as securities or commodities in the spotlight. Most of it also took place during the height of the Biden administration’s crackdown on crypto and the SEC’s (then chaired by Gary Gensler) regulation-by-enforcement campaign. In 2023, New York federal judge Analisa Torres ruled that the XRP that the firm sold on public exchanges did not meet the definition of a security, but the tokens it sold to institutional investors were unregistered securities. Ripple was ordered to pay $125 million in fines to the SEC, far lower than the regulator’s $2 billion demand. This was widely seen as the turning point in the case. Ripple v. SEC = Done Just came back to Celebrate with you! https://t.co/2n5vU9lj3k pic.twitter.com/cduqLQU1c5 — Jeremy Hogan (@attorneyjeremy1) August 7, 2025 XRP Price Spikes The “XRP Army” took to X to celebrate the latest victory for the crypto industry. Meanwhile, the asset surged 13% on the day to reach $3.36 at the time of writing. XRP is currently trading at its highest level since July 23, recovering from a dip to $2.77 on August 3. The cross-border payments token reached an all-time high of $3.65 on July 18 and is now just 7.7% away from that price. The post XRP’s Price Skyrockets by 13% as Ripple and SEC Drop Court Battle appeared first on CryptoPotato .
Around 35,000 Bitcoin options contracts will expire on Friday, August 8, and they have a notional value of roughly $4.1 billion. This expiry event is smaller than last week’s , so it is unlikely to be enough to influence spot markets, which have started to recover following news in the US that Donald Trump has allowed BTC in pensions . Bitcoin Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 1.38, meaning that there are many more short contracts expiring than longs. There is also a max pain point of $115,000, around $2,000 below current spot prices, which is where most losses will be made on contract expiry. Open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at $140,000, which has surged to almost $3 billion at this strike price on Deribit. There is also around $2.3 billion OI at $120,000 strike price as the bull speculators load up on contracts. Options Expiry Alert Tomorrow, over $4.9B in BTC & ETH options are set to expire on Deribit. $BTC : $4.15B notional | Put/Call: 1.38 | Max Pain: $115K $ETH : $792M notional | Put/Call: 1.06 | Max Pain: $3,600 OI distribution hints at puts clustered below spot, calls… pic.twitter.com/wF4AEXAv7F — Deribit (@DeribitOfficial) August 7, 2025 Crypto derivatives provider Greeks Live noted that the group was showing “a mixed sentiment with traders focused on low volatility environments and $112,000 strike levels for end-of-week options.” Traders are actively selling puts at the $112,000 strike price despite 32% implied volatility concerns, they said before adding that discussion around volatility dip buying vs selling reveals a split market, “with most participants positioned as volatility sellers rather than buyers.” In addition to today’s batch of Bitcoin options, there are around 222,000 Ethereum contracts that are also expiring, with a notional value of $792 million, a max pain point of $3,600, and a put/call ratio of 1.06. This brings Friday’s combined crypto options expiry notional value to around $4.9 billion. Additionally, Binance futures trading volumes hit $2.55 trillion in July, the highest level since January, reported CryptoQuant this week. Crypto Market Outlook Crypto markets are up 3.2% on the day, with total capitalization reaching $3.94 trillion during the Friday morning Asian trading session. Bitcoin performed well, reclaiming $117,500 in early trading before a slight retreat back to the high $116,000 levels. The move has pushed the asset back into the July trading channel as it recovers from its bounce to support. Ethereum has performed even better, surging 6% to top $3,900 early on Friday morning as it inches closer to the psychological $4,000 barrier. XRP was the best-performing altcoin with an 11% gain after Ripple Labs and the SEC both filed to drop their legal appeals in the five-year court battle. The post Will Markets Move Higher as $4.9B Crypto Options Expire appeared first on CryptoPotato .
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BitcoinWorld The Smarter Web Company’s Strategic Bitcoin Investment Reaches 2,100 BTC The digital asset world is buzzing as The Smarter Web Company (SWC), a prominent UK-based web development firm, recently made a significant announcement. Via X, the company confirmed its latest Bitcoin investment , acquiring an additional 50 BTC. This strategic move dramatically boosts their total cryptocurrency holdings to an impressive 2,100 BTC, signaling a clear commitment to digital assets. This action by The Smarter Web Company is a compelling example of increasing corporate Bitcoin adoption . What Drives The Smarter Web Company’s Bitcoin Investment? This recent BTC acquisition by SWC is not an isolated incident but rather a continuation of their long-term strategy. For a web development company, holding a substantial amount of Bitcoin might seem unconventional to some. However, it reflects a forward-thinking approach to treasury management and asset diversification. By adding 50 more BTC, SWC is reinforcing its belief in Bitcoin’s long-term value proposition and its role as a hedge against traditional economic uncertainties. Moreover, this bold step positions The Smarter Web Company as an innovator within its industry. Strategic Asset Diversification: Companies like SWC are looking beyond traditional fiat currencies and bonds to diversify their balance sheets. Inflation Hedge: Bitcoin is often seen as “digital gold,” offering protection against inflation, especially in an evolving global economy. Future-Proofing: Embracing digital assets can be a way to align with future financial trends and maintain a competitive edge. Why Is Corporate Bitcoin Adoption Gaining Momentum? Corporate Bitcoin adoption is a trend that continues to accelerate, with more companies following the path blazed by early adopters. Businesses are increasingly recognizing Bitcoin not just as a speculative asset, but as a legitimate store of value and a potential future currency. The decision by The Smarter Web Company mirrors a broader institutional interest in cryptocurrencies. Furthermore, this growing acceptance helps to legitimize Bitcoin within the mainstream financial system. Several factors contribute to this growing interest: Macroeconomic Climate: Persistent inflation concerns and low-interest rates on traditional savings encourage companies to seek alternative assets. Increasing Liquidity and Infrastructure: The cryptocurrency market has matured, offering more robust trading platforms and custodial solutions. Precedent Set by Giants: Companies like MicroStrategy and Tesla have showcased the viability of holding Bitcoin on corporate balance sheets, inspiring others. The transparency of Bitcoin’s supply and its decentralized nature appeal to companies seeking financial independence and resilience. The Impact of SWC’s Growing Cryptocurrency Holdings With 2,100 BTC in its cryptocurrency holdings , The Smarter Web Company now holds a significant amount of the world’s most prominent digital asset. This substantial holding not only strengthens SWC’s financial position but also sends a strong message to the market. It indicates confidence in the long-term viability and growth of the crypto ecosystem. This move could inspire other mid-sized companies, particularly in the tech sector, to consider their own Bitcoin investment strategies. While the benefits are clear, companies embarking on such ventures also face considerations: Volatility Management: Bitcoin’s price can fluctuate significantly, requiring a strong risk management strategy. Regulatory Landscape: The evolving regulatory environment for cryptocurrencies necessitates careful monitoring and compliance. Public Perception: Managing public and investor perception regarding digital asset exposure is crucial. Despite these challenges, the increasing number of companies like SWC making a substantial BTC acquisition suggests a belief that the rewards outweigh the risks. What’s Next for Corporate Bitcoin Investment? The consistent moves by entities like The Smarter Web Company to bolster their cryptocurrency holdings suggest a maturing market where digital assets are becoming an integral part of corporate finance. As more companies explore strategic Bitcoin investment , we can expect continued innovation in treasury management and a deeper integration of digital assets into the global economy. This trend of corporate Bitcoin adoption is reshaping traditional financial paradigms, making it an exciting space to watch. Ultimately, SWC’s actions underscore a broader shift towards a more digital and decentralized financial future. Summary: A Bold Leap into the Digital Future The Smarter Web Company’s latest BTC acquisition , bringing their total cryptocurrency holdings to 2,100 BTC, is more than just a transaction; it’s a statement. It highlights a growing confidence in Bitcoin as a robust asset for corporate balance sheets and signals a wider trend of corporate Bitcoin adoption . This move underscores the evolving landscape of finance, where digital assets are becoming an undeniable part of strategic corporate planning. As companies like SWC continue to embrace this digital frontier, they pave the way for a more integrated and innovative financial ecosystem. Frequently Asked Questions (FAQs) Q1: What is The Smarter Web Company (SWC)? A1: The Smarter Web Company (SWC) is a UK-based web development company known for its innovative approaches, now including significant digital asset investments. Q2: How much Bitcoin does SWC now hold? A2: Following its latest BTC acquisition of 50 BTC, The Smarter Web Company now holds a total of 2,100 BTC in its cryptocurrency holdings . Q3: Why are companies like SWC investing in Bitcoin? A3: Companies are investing in Bitcoin for various reasons, including strategic asset diversification, hedging against inflation, and aligning with future financial trends, showcasing a broader trend of corporate Bitcoin adoption . Q4: What are the potential challenges of corporate Bitcoin investment? A4: Challenges include managing Bitcoin’s price volatility, navigating the evolving regulatory landscape, and carefully managing public and investor perception regarding digital asset exposure. Q5: Is corporate Bitcoin adoption a growing trend? A5: Yes, corporate Bitcoin adoption is a steadily growing trend, with more companies recognizing Bitcoin as a legitimate store of value and integrating it into their treasury strategies. Q6: Does SWC’s Bitcoin investment impact the broader crypto market? A6: While a single company’s purchase might not drastically move the market, significant and consistent investments by firms like The Smarter Web Company contribute to overall market legitimacy and can inspire further institutional interest, positively impacting the long-term outlook for Bitcoin investment . Did you find this article insightful? Share it with your network and spark a conversation about the exciting future of corporate crypto investments! Your shares help us bring more valuable insights to the community. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post The Smarter Web Company’s Strategic Bitcoin Investment Reaches 2,100 BTC first appeared on BitcoinWorld and is written by Editorial Team
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