The US compliance exchange platform Robinhood's subsidiary Robinhood Legend today added trading services for four crypto assets: BONK, PENGU, PNUT, and XLM. Meme coins ONDO and FLOKI are only available for viewing. Despite the favourable information from the listing on the Robinhood exchange, the newly listed coins generally fell in today's market, showing no signs of a short-term rebound. Robinhood's crypto expansion strategy continues, and users need to pay attention to the differences in trading restrictions across states.

August 6, 2025 - The Chinese Ministry of National Security issued a warning, stating that a foreign company is using the issuance of crypto assets tokens as a guise to collect iris data globally, seriously threatening personal information security and even national security. This move has triggered market turbulence and intensified concerns about the privacy of biometric data.

Worldcoin is suspected of illegally collecting iris data.
The Chinese Ministry of State Security explicitly named a foreign entity called "World Network" (also known as "Worldcoin"), stating that it widely collects users' iris data under the guise of issuing Crypto Assets. Worldcoin was co-founded by well-known figures including OpenAI CEO Sam Altman, and its practice of generating digital identities and issuing Token through iris scanning technology has raised high alert among Chinese authorities.

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A video to understand the deep logic and policy signals behind the passage of the American "Genius Act".
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Vitalik Buterin is drawing attention with his radical proposal to reform the fee system of the network. Buterin wants to introduce a new system that he calls the "multidimensional fee model" to address the limitations of the current fee structure of Ethereum and enhance the long-term scalability of the network.
In the proposal

Despite a recent slight pullback, Ethereum ( ETH ) has still risen strongly by 41% over the past 30 days, successfully rebounding from the annual low of $1400 to approach the $4000 mark. The core driving forces are the improvement in the regulatory environment, the weakening of the dollar, and the successful implementation of the Pectra upgrade. The upgrade has significantly stabilized Gas fee fluctuations, with the current average transaction fees remaining below $3, a nearly 80% decrease from historical peaks, greatly enhancing competitiveness against rivals like Solana. The on-chain TVL has reached $81 billion (60% market share), highlighting DeFi's dominance. Technically, after a strong rebound from the long-term trend line support, if it effectively breaks through the $3950 liquidity pool, it will open the path to a short-term target of $4100 and new highs of $4500-$5000. The acceleration of institutional adoption and the clarification of stablecoin regulations constitute long-term favorable information.

In the summer of 2025, Bitcoin (BTC) reached a historic high of $123,000 driven by global demand, but suddenly plummeted at the end of July, with a monthly drop of up to 7-8%, briefly falling to a low of $112,000. As the market enters a period of turmoil, top analysts warn: the fourth quarter may face a more severe risk of collapse. Can Bitcoin escape the macro purgatory? This article provides a deep analysis.

XRP(Ripple) Chief Legal Officer Stuart Alderoty wrote to Senate Banking Committee Chairman Tim Scott, sharply criticizing the draft of the Digital Asset Market Structure Act for granting excessive regulatory power to the SEC, which could exacerbate uncertainty in the industry. Meanwhile, the SEC will hold a closed-door meeting on August 7, and the market expects the committee may vote to decide to withdraw the appeal against the "XRP programmatic sales not being securities" ruling, which will be a key prerequisite for the approval of the XRP spot ETF. Amid intense regulatory battles, XRP fell 3.58% yesterday to close at $2.9632, while Bitcoin was dragged down to $114,136 due to a significant outflow of funds from the spot ETF. On the macro front, the unexpected decline of the US July ISM Services PMI to 50.1 has raised concerns about a recession, and the total market capitalization of the crypto market has fallen back to $3.67 trillion.

The U.S. Securities and Exchange Commission (SEC) recently issued a statement clarifying that liquid staking (LST) activities do not fall under the scope of securities issuance and sales. This move brings legal clarity to the crypto market, particularly having a profound impact on mainstream public chains based on proof of stake (PoS) such as Ethereum (ETH) and Solana (SOL) and their ecosystems. So, how will the SEC's statement affect the spot crypto assets ETF market? This article will take you deeper into the analysis.

Central bank digital currency (CBDC) is a digital token created by a country's central bank, pegged to the value of a national fiat currency (such as the US dollar, euro, or yen).

Unlike decentralized cryptocurrencies, CBDCs are issued and controlled by central banks to ensure their stability and reflect the value of traditional currencies.

CBDC provides a digital alternative to physical currency, functioning similarly to a prepaid card or digital wallet balance, but without third-party intermediaries like commercial banks. Although many countries are still in the early stages of CBDC model development, there are still some important considerations, such as accessibility, privacy, yield potential, and the potential to fully replace cash.

As society moves towards digital payments, the demand for alternative financial services is growing, especially among unbanked populations. CBDC aims to provide a channel for direct access to central bank funds.

The draft resolution for a pilot digital asset market in Vietnam is expected to be presented in August, allowing for the establishment of a digital asset exchange.
The regulatory agency will empower the exchange to choose the types of listed assets, but recommends prioritizing highly liquid cryptocurrencies that are globally popular and community-driven.

After a two-week pullback, Ripple (XRP) has risen nearly 3% against the trend within 24 hours, now stabilizing above the key support level of $2.70. Despite a recent shrink in volume, the macro environment is turning favorable for crypto assets: escalating trade tensions weaken the dollar's position, and expectations for Fed rate cuts are reignited. At the same time, the Innovation Act (S.3617) paves the way for stablecoins, with Ripple's native stablecoin RLUSD likely to explode in the ecosystem due to regulatory tailwinds. Technically, the weekly chart confirms a bullish flag breakout, and the daily chart shows a bullish engulfing pattern. Analysts predict that if the support at $2.65 holds, XRP will aim for a target of $5 within 4-8 weeks. The on-chain burn mechanism and the adoption rate of RLUSD may become catalysts for long-term value.

With China promoting its de-dollarization strategy, the Crypto Assets market is quietly undergoing dramatic changes. On one hand, Beijing continues to maintain strict bans on Crypto Assets, while on the other hand, it cleverly utilizes Hong Kong as a new engine for global digital asset Liquidity. Smart capital is accelerating its flow into Hong Kong, which is gradually rising as a pricing center for global crypto finance. This article will take you through how China leverages Hong Kong to reshape the global Crypto Assets landscape.

The CFTC is advancing towards regulating spot crypto trading on U.S. futures exchanges, inviting public feedback to create a framework for crypto asset contracts, enhancing federal oversight and seeking collaboration with the SEC.

Toncoin shows network growth and increased development activity across its Layer-1 ecosystem.
Pump.fun has emerged as a high-engagement token within meme-driven trading environments.
Pi Network continues to grow its user base despite limited trading availability on major platforms.
As Q4

Written by: FinTax

News Overview

According to reports, on July 14, 2025, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) issued a joint statement (hereinafter referred to as the "statement") guiding banks on how to provide custody services for cryptocurrency assets to their clients. This is the latest move by regulators from the Trump era as they weigh how traditional lending institutions should engage in the digital asset business. The statement notes that banks considering providing custody services for cryptocurrency assets should take into account the constantly evolving characteristics of the cryptocurrency market, including the technology behind the assets, and they must implement a risk management framework that appropriately adapts to the associated risks.

Previously, regulators withdrew their earlier guidance on the risks of the cryptocurrency industry in April, allowing lending institutions to more freely offer products and services to clients engaged in digital asset trading. At that time, the U.S.

Over the past three years, the Crypto Assets market has experienced a strong bull run, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) all seeing significant pumps. As more and more publicly traded companies incorporate Bitcoin and Ethereum into their balance sheets, the market begins to follow: Will XRP become the next target of corporate financial strategies? This article will delve into the current state of corporate adoption of the three major Crypto Assets and explore whether XRP has the potential to become a corporate reserve asset.

Legendary investor Jim Rogers recently warned that he has "completely cleared all American stocks," and the next American economic crisis will be the most severe he has encountered in his lifetime. (Background: Bridgewater's Dalio: The U.S. debt crisis is about to explode, and one should allocate 15% of assets to buy "gold and Bitcoin") (Context: Wall Street's unified warning: This time, the U.S. debt crisis is truly not a false alarm; if bloodletting does not occur, the consequences will be unimaginable.) Dubbed the "King of Commodities," legendary investor Jim Rogers recently made a shocking announcement at the "Global Chinese Wealth Management and Inheritance Summit" in Singapore, declaring that he has "completely cleared all American stocks" and warning: "The next American economic crisis will be the most severe I have encountered in my lifetime." The shadow of U.S. debt and "unusual prosperity" Rogers bluntly stated that the current U.S. stock market...

July was originally a period of excitement for Bitcoin (BTC) prices hitting new highs, with global demand pushing BTC to briefly break through $123,000. However, by the end of the month, the market suddenly turned, with Bitcoin experiencing a big dump of 7-8% within just a few days, sparking heated discussions among investors. What exactly triggered this big dump? This article will analyze the core drivers behind the decline of Bitcoin at the end of July, in conjunction with CryptoQuant data.

The Bitcoin (BTC) market has recently undergone structural changes, with both supply and demand being reshaped. Long-term holders have decreased, while short-term holders and new users have surged, with on-chain data and prices reaching new highs. Does this "mid-term reset" signal the beginning of a new bull run? This article will take you into an in-depth analysis of Bitcoin's latest supply structure, on-chain momentum, and market trends.