☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸BlackRock’s Bitcoin ETF now holds 3.25% of all BTC, nearing $70B AUM, but retail inflows are slowing and new money is drying up.
🔸Nakamoto and KindlyMD boost bitcoin treasury plan to $763M with new PIPE funding, reflecting rising corporate BTC accumulation.
🔸Bloomberg analysts raise approval odds to 90% for spot XRP, Dogecoin, and Cardano ETFs, highlighting positive SEC engagement.
🔸South Korea files roadmap to approve spot crypto ETFs and KRW stablecoins in H2 2025, aligning with President Lee’s pro-crypto agenda.
🌟Highlights
🔸Coinbase secures EU MiCA license from Luxembourg and names it new EU hub, dropping Ireland due to stronger local crypto laws.
🔸Arizona Senate passes bill to create a reserve fund for seized crypto assets, aiming to invest and manage them through the state treasury.
🔸Kraken now offers BTC “staking” via Babylon, letting users earn 1% APR without wrapping, lending, or bridging their Bitcoin.
🔸Thailand's SEC is consulting on rules to let exchanges issue utility tokens, with safeguards to monitor insider trading and illicit activity.
🔸Wyoming's WYST stablecoin is set to launch Aug. 20, with final blockchain selection pending among 11 candidates including ETH and SOL.
🔸Reddit may adopt Worldcoin’s iris-scanning tech for user verification, aiming to prove humanness while keeping anonymity intact.