US-based cryptocurrency exchange Gemini announced in its application for the initial public offering (IPO) process that it signed a $75 million loan agreement with Ripple. Ripple Provides $75 Million Loan to Gemini as Exchange Prepares for IPO Documents filed with the U.S. Securities and Exchange Commission (SEC) show that Gemini reported a net loss of $282.5 million in the first half of the year, a sevenfold increase from the same period last year. Revenue fell from $74.3 million to $67.9 million. Gemini plans to list on the Nasdaq stock exchange under the ticker symbol “GEMI.” If approved, the company would be the third cryptocurrency exchange to go public, following Coinbase (which listed on the Nasdaq in 2021) and Bullish (BLSH), which recently began trading on the New York Stock Exchange. Under the loan agreement with Ripple, Gemini has secured a loan of up to $75 million. This amount can be increased to $150 million if certain criteria are met. Each loan will be for a minimum of $5 million and will carry an interest rate of 6.5% or 8.5%. Furthermore, loans exceeding $75 million can be denominated in Ripple's dollar-backed stablecoin, RLUSD. This deal is noteworthy because it positions Ripple's new stablecoin as a payment instrument on a leading US exchange. Experts believe Ripple aims to compete with Tether (USDT) and Circle's USDC with this move. *This is not investment advice. Continue Reading: Ripple Signs Loan Agreement with Crypto Exchange Filing for US IPO! Details Here
The Frontier Stable Token (FRNT) is Wyoming’s first state-backed stablecoin, debuting across seven blockchains. It aims to support the state’s School Foundation Fund, offering a unique financial asset not regulated
The token could offer investors a yield in the future.
According to data from Onchain Lens, a notable cryptocurrency whale has executed a significant deposit of 2.34 million USDC into Hyperliquid on August 19th. This strategic move appears aimed at
XRP (XRP) call options at the $4 strike have experienced heavy block trading activity this week, despite the price decline. Data tracked by Amberdata shows that one million contracts of the $4 call option expiring on Dec. 26 changed hands via a block trade on Monday. Contracts on Deribit are sized 1,000 XRP. A block trade is a large transaction that is privately negotiated and executed over the counter and then listed on the exchange. The $4 call represents a bet that the payments-focused cryptocurrency's price will rise beyond that level by the end of December. However, the surge in activity for the $4 call does not necessarily signal bullish sentiment. Observers note that the block trade was likely part of a covered call strategy, where higher strike out-of-the-money calls—like the $4 strike—are written (sold) against existing spot market holdings. In other words, the large block trade involved a user writing the $4 call rather than purchasing it in anticipation of a price rally. The option was likely acquired by market makers, whose role is to create order book liquidity and maintain a market-neutral exposure. "I would guess some big holder was doing covered calls," Deribit's Asia Business Development Head Lin Chen, told CoinDesk. The covered call strategy involves writing higher strike out-of-the-money call options against a long position in the spot market. This helps the investor earn an extra yield on top of the coin stash, which comes from the premium received for selling the call option. The setup, however, limits the potential upside gains. The covered call strategy is popular among BTC holders, and its increasing adoption has contributed to a steady decline in implied volatility over the past two years. XRP's price briefly fell to $2.94 on Monday, tracking the broader market swoon and has since stabilized just above $3. Prices hit a record high of over $2.6 last month, CoinDesk data show.
Dogecoin's triangle setup may lead to significant price moves, predicts analyst. A breakout could push DOGE to the $0.25–$0.28 range or beyond. Continue Reading: Dogecoin Breaks Free: Is a Major Price Shift on the Horizon? The post Dogecoin Breaks Free: Is a Major Price Shift on the Horizon? appeared first on COINTURK NEWS .
Summary CONY's headline 140% yield is highly tempting, but it's largely driven by destructive return of capital that erodes NAV and share price. Falling NAV and declining distributions mean investors, especially those who bought at higher prices, face significant capital losses and shrinking yields. Despite the eye-catching yield, CONY is likely to underperform; I recommend avoiding it due to unsustainable payouts and ongoing capital erosion. The YieldMax COIN Option Income Strategy ETF ( CONY ) offers one of the highest yields out of any of the Yieldmax income funds, and indeed anywhere in the market: 140%! That's sure tempting, but it needs to be weighed up against several other negative factors, such as capital erosion and declining distributions. This article looks at why it may be wise to say no to temptation. CONY Basics CONY is an actively managed ETF that prioritizes income over capital gains. It has a synthetic long position in Coinbase ( COIN ) using options, and has a familiar options-based income strategy designed to provide income. This strategy caps gains during rallies, but provides a significant dividend. The holdings are a complicated mix of options positions and Treasury Bills held as collateral. Yieldmax CONY sells weekly calls on COIN to generate a premium, and the higher the implied volatility, the higher the premium will be. COIN historically has very high volatility, which is one of the reasons for the huge dividend, although it has fallen in recent weeks. Alphaquery The Dividend If you want a high yiled, CONY delivers, but there are a few considerations. Firstly, CONY sacrifices capital gains to provide a large dividend. If you want growth, it's far better to invest in COIN. Data by YCharts Secondly, the distributions contain a large portion of return of capital (ROC). Yieldmax I will cover this more later, but the point for now is that the ROC erodes the price and NAV. Data by YCharts You may not care when the yiled is 140%, but that yield is an annualized figure for the most recent distribution and only applicable to those buying at the current price of $7.42. For those unlucky enough to buy at $30, the yield is only 31%. In other words, the distributions are declining, as is the yield on cost. SeekingAlpha SeekingAlpha This is due to the falling NAV. CONY can't sell the same amount of options as it once could and therefore can't generate the same amount of premium. Why is the ROC So Destructive to NAV? Return of capital is a convenient way for funds to pay out dividends, as it has tax advantages. It also lets the funds do all sorts of "tricks" - legal ones of course - behind the scenes. As we know, CONY's options strategy provides income, but it also often leads to losses on the option if the rally exceeds the strike price. That isn't really considered a loss as CONY has a synthetic long which cancels out the loss - we think of it as non-participation in the rally or capped gains. However, CONY can book this loss and distribute it as ROC. It doesn't have to, and some funds only re-classify the income (premium) as ROC for preferred tax treatment. However, some funds choose to distribute more than the income they make. There is no clear documentation detailing or explaining this procedure apart from patchy 19a-1 notices. The only real evidence comes from the declining NAV. Data by YCharts The Amplify CWP Enhanced Dividend Income ETF ( DIVO ) is a good example of a fund that uses ROC only as a way to re-classify distributions. As shown in its 19a-1, the distributions can be around 78% ROC. Amplify But its NAV is rising healthily. Data by YCharts The conclusion is that DIVO only distributes its income, even though the income is classed as ROC. CONY, on the other hand, chooses to distribute much more than it earns. Not only does the options strategy cap gains, it allows CONY to distribute all the lost profits as ROC. Why Does This Matter? COIN has been performing well - it is up over 300% since CONY's launch, but CONY's distributions are still falling. The distributions will likely keep falling, and if COIN starts performing poorly, then they will fall even more. Just think of the poor investors who bought at $30 - they now have a huge loss of capital and a yield of only 30%. You may think $7.4 is a good entry price compared to $30, but this is not like buying a stock. When CONY was at $30 COIN was $160. COIN is now $323. In other words, you are not buying the underlying at a good price, you are buying an underperforming asset that is likely to continue underperforming. Conclusions CONY advertises a 140% yield. It's tempting, and that is why CONY chooses to boost its yield through destructive ROC. The 140% yield will be great for a while, but as the price trends lower, the yield on cost will follow and in a year or two, will likely be under 50% and be accompanied by a large loss of capital. I'm saying no.
Ethereum’s price may have hit a wall at $4,800, but new research reveals that the leading altcoin is currently in a full transition phase, as its financial assets and ultimate market definition are still forming. Much of this evolution will depend on regulatory clarity, particularly in the United States, where proposed legislation such as the CLARITY Act would classify ETH as Digital Commodities under federal law, potentially accelerating their maturation process. ETH in Transition CryptoQuant stated that Ethereum appears to have entered its institutional era in 2025, owing to strong growth in fund holdings and market premiums. Investment funds now collectively hold 6.1 million ETH, which is a sharp departure from previous records. This total is 68.4% higher than the December 2024 peak of 3.62 million ETH. Against the April 2025 low of 3.49 million ETH, holdings have risen nearly 75%. In parallel, the Fund Market Premium, measured on a two-week average, now stands at 6.44%. This level is striking when compared with historical figures, and comes up to a 2,047% jump from the 0.30% average at the December 2024 peak and a 2,200% increase from the 0.28% recorded in April 2025. Together, these indicators explain a steady and expanding institutional demand for Ethereum. Beyond the numbers, this trend carries significant psychological weight for the broader market, as investors observe tier-1 vehicles such as BlackRock’s Ethereum ETF steadily adding to their holdings. CryptoQuant also added that the influence of Wall Street participation cannot be underestimated, given its dual impact of injecting capital while simultaneously strengthening confidence in the asset. Looking ahead, institutional demand for Ethereum could expand further once staking becomes enabled within Ethereum ETFs, a development expected later this year but not yet implemented. This shift is expected to be a game-changer for the asset. Ethereum’s Next Catalyst Ethereum could reach $10,000 this cycle if US regulators approve staking for spot ETH ETFs, according to EMJ Capital founder Eric Jackson. Last month, he argued that the market had already priced in the ETF launch itself, but staking would be the real catalyst. Approval would allow institutions to earn yields of up to 3.5%, helping them attract significant passive inflows from traditional finance. This move would also tighten ETH supply by locking more tokens in staking contracts, and would amplify Ethereum’s already deflationary post-Merge model. Jackson described this potential transformation as a “structural supply crunch,” which could revalue ETH from “digital oil” to an institutional-grade yield product. He believes such a setup could push the crypto asset to $10,000 by the end of the current cycle, with a bull case of $15,000 or more if Layer 2 adoption accelerates and ETF inflows surpass expectations ahead of the anticipated staking approval later this year. The post Institutional Phase of Ethereum Has Started, But Boundaries Remain Fuzzy appeared first on CryptoPotato .
BitcoinWorld Diversified Crypto Treasury: Everything Blockchain’s Astounding Strategy for Growth In an exciting move set to reshape its financial approach, blockchain infrastructure firm Everything Blockchain (EBZT) recently unveiled its innovative diversified crypto treasury . This strategic initiative aims to blend stability with significant upside potential, marking a notable evolution in how companies manage their digital assets. This proactive step by EBZT highlights a growing trend among blockchain-centric entities to optimize their holdings for long-term resilience and profitability. Understanding the Power of a Diversified Crypto Treasury What exactly is a diversified crypto treasury , and why is it gaining traction? Simply put, it involves spreading investments across various types of digital assets rather than concentrating on just one or two. This approach mirrors traditional finance’s diversification principles, reducing risk while potentially enhancing returns. For a company like Everything Blockchain, establishing such a treasury is crucial. It provides a robust financial backbone, allowing them to navigate the often-volatile crypto market with greater confidence. Moreover, it signals a sophisticated understanding of market dynamics, positioning the firm for sustainable growth. Everything Blockchain’s Strategic Asset Allocation Everything Blockchain’s new diversified crypto treasury isn’t just about holding Bitcoin and Ethereum. According to a Globe Newswire press release cited by Odaily, their strategy is meticulously crafted, encompassing a broad spectrum of digital assets: Blue Chips: This includes established cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP. These assets are often considered the backbone of the crypto market, offering relative stability. Infrastructure Tokens: These tokens power the underlying blockchain networks and decentralized applications. Investing in them supports the fundamental growth of the crypto ecosystem. Speculative Assets: A portion of the treasury is allocated to higher-risk, higher-reward tokens, such as meme coins, AI-related tokens, and gaming/metaverse tokens. This segment is designed to capture significant upside from emerging trends. This balanced portfolio demonstrates a nuanced strategy. It seeks to capitalize on the explosive potential of newer, trending assets while maintaining a solid foundation with more mature cryptocurrencies. Why Diversification is Key for Crypto Stability and Upside The crypto market is known for its dramatic price swings. A single asset can experience significant volatility. Therefore, a diversified crypto treasury helps mitigate these risks. If one asset class underperforms, others might compensate, leading to a more stable overall portfolio performance. Furthermore, diversification allows companies to tap into different growth narratives within the crypto space. For instance, while blue-chip assets might offer steady appreciation, speculative tokens can provide exponential returns during bull cycles. This blend creates a dynamic strategy for both capital preservation and aggressive growth. The benefits extend beyond just financial returns. A well-managed treasury can enhance a company’s financial resilience, improve its balance sheet, and even open new avenues for yield generation through staking or decentralized finance (DeFi) protocols. What Does This Mean for the Crypto Landscape? Everything Blockchain’s move could inspire other companies to adopt similar strategies. As institutional adoption of cryptocurrencies grows, we are likely to see more sophisticated treasury management techniques emerge. This shift signifies a maturation of the digital asset space, moving beyond simple HODLing to more active and strategic portfolio management. For investors, this development underscores the importance of a balanced approach. While individual investors might not have the same scale as a corporate treasury, the principles of diversification remain universally applicable. Exploring a mix of established, infrastructure, and carefully selected speculative assets can be a wise move for anyone building a personal crypto portfolio. Everything Blockchain’s launch of its diversified crypto treasury marks a significant milestone. It exemplifies a forward-thinking approach to digital asset management, balancing stability with the pursuit of substantial growth. By strategically allocating across blue chips, infrastructure, and speculative tokens, EBZT is positioning itself for resilience and success in the dynamic world of blockchain. This move not only strengthens the company’s financial standing but also sets a compelling precedent for sophisticated crypto treasury management across the industry. Frequently Asked Questions (FAQs) Q1: What is a diversified crypto treasury? A diversified crypto treasury is a strategic financial approach where a company holds a variety of digital assets across different categories (e.g., blue-chip cryptocurrencies, infrastructure tokens, speculative assets) to manage risk and optimize returns. Q2: Which types of assets does Everything Blockchain’s treasury include? Everything Blockchain’s treasury includes a mix of blue-chip cryptocurrencies (like BTC, ETH, SOL, XRP), infrastructure tokens, and speculative assets such as meme, AI, and gaming/metaverse tokens. Q3: Why is diversification important in crypto investments? Diversification is crucial in crypto investments because it helps mitigate the high volatility of individual assets. By spreading investments, potential losses from one asset’s poor performance can be offset by gains in others, leading to a more stable overall portfolio. Q4: What are the potential benefits of this strategy? The potential benefits include reduced risk exposure, enhanced potential for long-term growth, improved financial stability for the company, and the ability to capitalize on diverse market trends within the crypto ecosystem. Q5: Are there any risks associated with this diversified approach? While diversification reduces risk, it doesn’t eliminate it entirely. The crypto market remains volatile, and even a diversified portfolio can experience downturns. Speculative assets, in particular, carry higher inherent risks, requiring careful management. If you found this article insightful, please consider sharing it with your network on social media. Your support helps us continue delivering valuable cryptocurrency news and analysis! To learn more about the latest crypto market trends, explore our article on key developments shaping digital assets institutional adoption . This post Diversified Crypto Treasury: Everything Blockchain’s Astounding Strategy for Growth first appeared on BitcoinWorld and is written by Editorial Team
Bucharest, Romania, August 19th, 2025, Chainwire LYS Labs , the trailblazing machine-ready intelligence platform for Solana’s internet capital markets, has closed an oversubscribed $2M angel round and an additional $2M seed round, signaling a seismic shift in on-chain finance. LYS Labs is building the critical infrastructure that transforms unstructured blockchain data into actionable insights, enabling AI-driven agents to operate natively on-chain. Backed by crypto’s elite, such as Michael Heinrich (0G Labs), Piers Kicks (Delphi), Bruce Pon (Ocean Protocol), John Lilic (ex-Telos Foundation), Forest Bai (Foresight Ventures), and Scott Moore (Gitcoin), and institutional heavyweights like Alchemy Ventures, Frachtis, and Auros Global, LYS Labs is poised to redefine how machines engage with blockchain. From Raw Data to Machine-Ready Finance LYS Labs began building in November 2023, initially working across the EVM ecosystem, before shifting its full focus to Solana in November 2024, recognizing it as the most fertile ground and the biggest challenge for scaling internet capital markets. Today, the company has shipped its developer portal for raw data with sub-14ms latency and is already serving developers. Its structured, context-aware data stack is in testnet with a select group of users and benchmarking at around 30ms for its contextualized insights. LYS has also built several OG-RAGs (On-Chain Retrieval-Augmented Generators, which combine on-chain data with retrieval-augmented generation techniques) to power Solexys, an AI-driven, context-aware copilot that enables quants and sophisticated analysts to receive sophisticated signals, backtest strategies, and query blockchain data in natural language. Solexys is also live in the testnet with over 200 users. The Structural Bottleneck in AI and Finance The financial industry is increasingly shifting to on-chain, but unstructured blockchain data remains a barrier. Teams spend up to 70% of their resources cleaning and reconciling raw data before extracting insights, creating inefficiencies that limit true machine adoption. This process can take hours, days, or even weeks without the proper tooling. In traditional markets, structured data is the foundation of Bloomberg terminals, quant models, and algorithmic execution. On-chain finance, by contrast, has been held back by messy, unstructured ledgers that lack semantic context. Structured, context-aware data changes the game: it transforms raw blockchain transactions into information streams that machines can understand, reason over, and act upon. Machine-ready intelligence refers to data that is structured, contextualized, and optimized for AI and machine learning algorithms to readily analyze and act upon. This enables AI-driven agents to move from simple retrieval to higher-order tasks like anomaly detection, second-order risk modeling, and autonomous execution. For institutions, this shift mirrors the leap from ticker tapes to Bloomberg, the difference between noise and intelligence, and ultimately between lagging behind and winning markets. As machine-driven trading expands via bots, agents, and sophisticated AI models, structured, context-aware data becomes the critical bottleneck: The volume of on-chain data doubles roughly every 12 months, making human-driven analysis infeasible. Over $3 trillion in tokenized assets is projected to come on-chain by 2030, according to industry forecasts. LYS Labs aims to reduce data processing time by up to 50% and unlock 20% more efficiency in on-chain trading. Low-latency, high-context data streams are essential for machine finance, where even microsecond inefficiencies create competitive disadvantage. “Markets are becoming machine-first before they are human-first,” said Marian Oancea, co-founder and technical lead of LYS Labs. “For AI agents to execute trades, detect anomalies, or build strategies autonomously, they need context-aware, structured data that can be processed instantly. That’s what we’re building—a data foundation where intelligence and execution can natively operate on-chain.” Unlocking Solana’s Internet Capital Markets LYS Labs’ mission aligns with Solana’s trajectory toward becoming the backbone of internet capital markets—a system where all financial instruments, from memecoins to RWAs, exist on-chain with transparent, machine-readable liquidity. “Solana’s goal is to synchronize global information at the speed of light. We are here to support that,” said Andra Nicolau, co-founder of LYS Labs. “As intelligence and institutions come on-chain, the real unlock is not just raw data, but structured, machine-ready intelligence that allows new forms of capital allocation, faster markets, and entirely new financial products to emerge. Solana’s performance makes it the only chain capable of handling this at scale—and we’re building the intelligence layer that makes it usable.” Roadmap: Multi-Chain Expansion and Agent Infrastructure While Solana is LYS Labs’ immediate focus, the roadmap extends beyond a single ecosystem. LYS Labs is developing the infrastructure to capture cross-chain alpha in real time, enabling machines to seamlessly reason across multiple blockchains and surface opportunities invisible to human traders. Equally important, they are investing in the agent layer, where infrastructure is still immature. By building native support for agent execution - data pipelines, orchestration, and context layers - LYS Labs aims to close the gap between intelligence and action in machine finance. Their mission is clear: to make AI x crypto more efficient, more intelligent, and more seamless than ever before. About LYS Labs LYS Labs is building the machine-ready intelligence and execution layer for Solana’s internet capital markets. Founded in 2023, the company transforms unstructured blockchain data into institutional-grade intelligence, enabling AI agents, quants, and institutions to operate natively on-chain. LYS Labs is backed by leading angels from 0G Labs, Ocean Protocol, Flashbots, Gitcoin, Ripple, and more, along with institutional investors including Alchemy Ventures, Frachtis, and Auros Global. Led by a seasoned team with a combined 30+ years in AI, 27+ years in crypto, and over 20 years in the risk mitigation and cybersecurity space, LYS Labs is well-positioned to lead this paradigm-shifting approach to capital deployment and management in the crypto space. Users can visit https://lyslabs.ai to learn more. Press Contact: business@lyslabs.ai ContactCo-FounderAndra NicolauLYS Labsax@lys.xyz Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.