On July 3rd, analyst Carmelo Alemán highlighted data from CryptoQuant revealing that rigorously filtered HODLing addresses—excluding exchange wallets with minimal outflows—accumulated over 22.7465 million ETH by June 30th. This marks
Coinbase has announced the inclusion of Sky (SKY) and USDS tokens in its upcoming listing roadmap, sparking notable market reactions and increased trading activity. The SKY token experienced an approximate
The premise is driven by Treasury Secretary Scott Bessent’s agenda to engineer a liquidity injection that resembles past Federal Reserve interventions, said Hayes in a lengthy blog post on July 3. However, this will be done via financial innovation and regulatory tweaks, not overt money printing, he added. Bessent is “done getting fluffed,” and it’s time for him to “soak the world with his liquidity juices,” he exclaimed. Trillions in T-Bill Buying Power Hayes stated that this stealth liquidity injection strategy has two massive beneficiaries: Bitcoin and JPMorgan. JPMorgan’s stablecoin ( JPMD ) allows it to digitize deposits, eliminate compliance costs, and earn a risk-free spread by buying US Treasury bills. “Quid Pro Stablecoin” is a discussion on how US banks adopting stablecoins can provide $6.8 trillion of buying power for The BBC’s shitty treasuries. https://t.co/QHqgZAPv0J pic.twitter.com/pcejYZ8Urx — Arthur Hayes (@CryptoHayes) July 3, 2025 Additionally, regulatory changes such as the GENIUS Act could effectively hand “too big to fail” banks a monopoly on stablecoins, which could lock out fintech firms such as Circle. “The adoption of stablecoins by TBTF banks creates up to $6.8 trillion of T-bill buying power.” Moreover, if JPMorgan converts even a fraction of its deposits into stablecoins, it unlocks hundreds of billions in low-risk, high-margin earnings, potentially doubling or tripling its market cap. Bitcoin would also benefit because stablecoin issuance creates massive Treasury bill demand without quantitative easing, which suppresses yields and reflates risk assets. The primary cryptocurrency thrives when liquidity expands and rates drop. “The real stablecoin play isn’t betting on crusty FinTechs like Circle—it’s understanding that the US government just handed TBTF banks the launch keys to a multi-trillion-dollar liquidity bazooka disguised as ‘innovation’.” Ethereum to Benefit The JPMD stablecoin will ride on Base, a layer-2 operated by Coinbase built on top of Ethereum, confirming that the asset will use Ethereum infrastructure. This positions the protocol as the settlement layer for the new banking liquidity engine. “This is debt monetization dressed in Ethereum drag,” said Hayes. If big banks settle stablecoins on Ethereum, the current industry standard for real-world asset tokenization, demand for the network’s blockspace, layer-2s, and validators increases. The Ethereum infrastructure is quietly powering the entire play, so it is also likely to benefit, though Hayes didn’t directly address it. It could also become the next corporate treasury gold rush due to its staking yields, which are not available with Bitcoin, according to analysts. The post Bitcoin and JPMorgan Will Soar on the Back of Big Bank Stablecoins: Hayes appeared first on CryptoPotato .
The post Crypto News: MiCA-Compliant EURAU Stablecoin Approved as AllUnity Secures BaFin License appeared first on Coinpedia Fintech News AllUnity, a joint venture asset manager between DWS, Flow, Traders, and Galaxy, has announced that it has received a BaFin license in Germany to issue a MiCA-compliant euro-pegged stablecoin , EURAU. This encourages the launch of EURAU with institutional-grade proof reserves and financial reporting, ensuring transparency and reliability. AllUnity Secures BaFin License On July 1, AllUnity received an e-money institution (EMI) license from the Federal Financial Supervisory Authority (BaFin), allowing the company to issue stablecoin that is fully compliant with Europe’s Markets in Crypto Assets (MiCA) framework . Alexander Hoptner, CEO of AllUnity, said, “Securing the EMI license from BaFin is a monumental achievement for AllUnity and a testament to our dedication to regulatory excellence. This license is not just a regulatory hurdle cleared; it’s a foundational step towards building a truly secure, transparent, and compliant digital cross-border payment ecosystem for Europe and global markets.” AllUnity’s Target with EURAU AllUnity is planning to launch EURAU, which will be 100% collateralized to deliver great transparency through proof of reserves and regulatory reporting. With this euro-pegged stablecoin, EURAU, AllUnity is aiming for seamless cross-border transactions across Europe and beyond, catering to both fintech platforms and established financial institutions. AllUnity is offering a versatile and compatible solution for the evolving digital payments landscape with the EURAU, which is expected to be compatible with enterprise systems and decentralized finance protocols. [post_titles_links postid=”477955″] Stablecoin Battle and MiCA Compliance AllUnity’s announcement comes at a time when Europe is becoming a hotspot in the global stablecoin race, especially with new MiCA rules coming into effect in December 2024. Tether, the biggest stablecoin in the world, has chosen not to follow these rules, causing its USDT token to be removed from top exchanges like Binance, Kraken, and Coinbase for European users. With a MiCA-compliance, support of financial institutions, and a determined focus, AllUnity is poised to succeed with EURAU. Final Thought AllUnity is expected to endure a big competition and hurdles in its way of regulating EURAU, like the Tether did during the USTD launch. However, despite all the challenges, USDT emerged to be the dominant market leader with a significant lead over other stablecoins. Now, it is time for the investors to see if EURAU can accomplish the same heights or will it fail to gain such popularity. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”News” category_id=”6″] FAQs What is AllUnity’s EURAU, and what makes it MiCA-compliant? EURAU is a euro-pegged stablecoin issued by AllUnity, a joint venture of DWS, Flow Traders, and Galaxy. It’s MiCA-compliant because AllUnity secured an e-money institution (EMI) license from BaFin (Germany’s financial regulator) on July 1st, ensuring 100% collateralization, proof of reserves, and regulatory reporting. What is the Markets in Crypto Assets (MiCA) framework, and when does it take effect for stablecoins? MiCA (Markets in Crypto Assets) is a comprehensive regulatory framework by the European Union to govern crypto assets. It aims to protect consumers, ensure financial stability, and streamline regulations across EU member states. New MiCA rules for electronic money tokens (stablecoins) are taking effect in December 2024. What is AllUnity’s target market for its EURAU stablecoin? AllUnity is targeting seamless cross-border transactions across Europe and beyond with EURAU. It aims to serve both fintech platforms and established financial institutions by providing a versatile, compatible solution for the evolving digital payments landscape, designed to integrate with enterprise systems and DeFi protocols.
It’s Day Four of EthCC[8] in Cannes — the final chapter in a week that’s felt like a sprint, a marathon, and a rave all rolled into one. By now, the hangovers are real, the tan lines are questionable, and the collective brainpower in the venue is still going strong. Despite the fatigue, the builders, researchers, and founders are showing up — because the final day still packs a punch. From sunrise strategy chats to that last clink of glasses on the Croisette, EthCC has proven one thing: the Ethereum ecosystem isn’t just alive — it’s accelerating. Stay tuned as we cover every last moment. The post [LIVE] EthCC 8 Day Four: Final Push as the Ethereum Marathon Reaches the Finish Line appeared first on Cryptonews .
Custodia Bank and Kraken Financial stand out as the only crypto-native firms with full bank charters, securing exclusive Federal Reserve master accounts. The Federal Reserve’s master account grants direct access
Australian crypto billionaire Tim Heath narrowly escaped a violent kidnapping attempt in Tallinn, Estonia, last July by biting off part of an attacker’s finger, an Estonian court heard this week. Key Takeaways: Tim Heath escaped a kidnapping attempt in Estonia by biting an attacker’s finger. The suspects stalked Heath for weeks, using disguises and a GPS tracker. Seven men are accused of plotting to abduct Heath and steal his crypto assets. The chilling incident highlights the growing wave of targeted abductions against wealthy crypto figures in 2025, which has forced many executives to bolster their security measures. Heath, a prominent investor and founder of the Estonian-based Yolo Group, was ambushed by two men disguised as painters in the stairwell of his apartment building. Ex-Boxer Tries to Muzzle Crypto Tycoon in Failed Kidnapping According to testimony cited by Estonian outlet Eesti Ekspress and the Sydney Morning Herald, one of the attackers, Azerbaijani national Allahverdi Allahverdiyev, a former boxer and wrestler, tried to silence Heath by covering his mouth. In a desperate act of self-defense, Heath bit through Allahverdiyev’s index finger, managing to break free and retreat into his apartment. The struggle, which lasted about 30 seconds, cost Heath a tooth but forced the kidnappers to flee. The attackers abandoned a rented van nearby, and police later discovered part of Allahverdiyev’s severed finger about 100 meters from the scene. Court documents revealed the attackers had been stalking Heath in the weeks before the assault, both physically and with a GPS tracker placed on his vehicle. The group allegedly planned to force Heath into the van, transport him to a rented sauna house, and coerce him into transferring his crypto holdings. This is David Balland. He co-founded Ledger, one of the biggest companies in crypto This week, he was kidnapped and tortured Here’s the full story of what happened: (and why it’s a wake-up call for everyone in crypto) pic.twitter.com/0NpLlN8aZm — Pix (@PixOnChain) January 24, 2025 Prosecutors say a hacker was also involved to expedite the digital theft. The group of seven suspects reportedly entered Estonia using fake Georgian passports. In the days before the attack, they bought painters’ uniforms and equipment to pose as workmen. Two men have been arrested so far: Allahverdiyev and Georgian citizen Ilgar Mamedov, who prosecutors claim was the getaway driver. Mamedov has denied involvement, insisting he ended up in Estonia by accident. Three other suspects remain unidentified, and two, including the alleged ringleader Najaf Najafli, are wanted by authorities. Kidnappers Demanded 30 Bitcoin After Failed Abduction After the failed abduction, Heath allegedly received a Telegram message containing photos of his apartment along with a demand for 30 Bitcoin, worth about $3.3 million at the time. When Heath didn’t respond, there were no further attempts to contact him, but prosecutors argue the threat could still be active. Heath has since spent over $3.1 million on private security and relocated to a new home. His legal team is pursuing reimbursement of these costs from the accused kidnappers as the court case continues in Estonia. The recent attack follows a more brutal incident on May 1, when four masked men abducted the father of a crypto entrepreneur in Paris, cutting off one of his fingers before police intervened. In another incident, the father of a crypto millionaire was brutally attacked . And in New York, a tourist was tortured for over two weeks as kidnappers tried to extract his Bitcoin credentials. The post Crypto Tycoon Tim Heath Foils Kidnapping Attempt by Biting Off Attacker’s Finger appeared first on Cryptonews .
US crypto market developments spotlight cryptocurrency ETFs and growing institutional interest. The REX-Osprey Solana + Staking ETF stands as the first US-listed staking ETF. Continue Reading: Crypto ETFs in the US Overflowing with Market Momentum The post Crypto ETFs in the US Overflowing with Market Momentum appeared first on COINTURK NEWS .
On July 3rd, Gate officially announced the launch of the ICNT perpetual contract trading with USDT settlement, scheduled for 21:00 (UTC+8). This new offering supports leverage ranging from 1x to
Bridgewater Associates founder Ray Dalio says that America is going to be forced to deal with its soaring debt problem. The billionaire tells his 1.7 million followers on the social media platform X that the US will likely lower interest rates and print money to address the nation’s ballooning debt obligations. However, he warns that such measures are not very effective. “When countries have too much debt, lowering interest rates and devaluing the currency that the debt is denominated in is the preferred path government policy makers are most likely to take, so it pays to bet on it happening. At the moment of my writing, we know that the projections are for big deficits and big increases in government debt and debt service expenses ahead… I also shared last week why I believe the political system in the US won’t be able to get its debt problems under control. We know how debt service costs (paying back interest and principal) will grow rapidly to squeeze out spending, and we also know that, at best, it is highly doubtful that there will be an increase in demand for the debt commensurate with the supply that needs to be sold. I laid out in detail what I think the implications of all this are in ‘How Countries Go Broke,’ where I offer a description of the mechanics behind my thinking. Others have stress tested it, and thus far there has been almost total agreement that the picture I am painting is accurate.” Dalio believes the US will eventually have to both cut spending and raise taxes to save itself from the looming fiscal crisis. “There is no way that the deficit/debt bomb problem can be sustainably dealt with unless there is a mix of tax revenue increases and spending decreases that are determined in a bipartisan way. Our representatives in Washington, D.C., both Republicans and Democrats, know this is true. They understand the need to reduce the deficit by having those from both sides chip in a bit (e.g., a 4% increase in tax revenue and a 4% spending cut) which would lead to a supply/demand balance improvement for US debt which in turn would lower interest rates.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Billionaire Ray Dalio Says US Government Will Be Forced To Deal With Incoming ‘Debt Bomb’ – Here’s How appeared first on The Daily Hodl .