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Arthur Hayes said in his latest blog post:
My year-end targets: Bitcoin = $250,000; Ether = $10,000.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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According to Bloomberg, Tether CEO Paolo Ardoino said the company is planning to re-enter the U.S. market with a focus on institutional clients, offering stablecoins for payments, interbank settlements, and trading. He emphasized that Tether has no intention of going public and will continue to prioritize emerging markets while expanding in the U.S.
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Law firms have named Solana Foundation, Solana Labs, and Jito executives as “co-conspirators” in their lawsuit against Pumpfun, initially filed in January. It sued Jito CEO Lucas Bruder and COO Brian Smith as well as Pump co-founders Alon Cohen, Dylan Kerler, and Noah Bernhard Hugo Tweedale.
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FTX will distribute funds starting September 30, 2025, to holders of allowed Class 5, Class 6, and outstanding Convenience Claims, based on a record date of August 15. A court-approved $1.9 billion reduction in the disputed claims reserve—from $6.5 billion to $4.3 billion—will fund the payout.
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According to Bloomberg, JPMorgan said the $2 trillion stablecoin market projection by 2028 is “a little bit optimistic,” citing underdeveloped infrastructure as a key constraint. The bank expects the market is more likely to double or triple in the coming years rather than grow manyfold from its current $260 billion size.
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Bo Hines, Executive Director of the President’s Digital Asset Advisory Council, stated that the White House’s first policy report on digital assets will be released to the public on July 30.
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