Today's crypto news:
- *SEC and Crypto*: The U.S. Securities and Exchange Commission (SEC) has just launched the "Project Crypto" initiative aimed at comprehensive regulation of crypto. At the same time, the SEC has allowed Bitcoin and Ethereum ETFs to convert shares into BTC and ETH.
- *Tether and Profit*: Tether reported a profit of $4.9 billion in the second quarter of 2025, with total assets reaching $127 billion, including $82.8 billion in U.S. bonds.
- *Ethereum and SharpLink*: SharpLink purchased an additional 11,259 ETH worth $43 million, while Ether Machine also acquired an additional 15,000 ETH.
- *Bitcoin and Investors*: Strategy bought an additional $2.46 billion in Bitcoin after the latest fundraising round.
- *Linea and Tokenomics*: Linea announced the LINEA tokenomics, with 10% of the tokens being airdropped to users.
- *Blockchain Event*: The GM Vietnam 2025 event is coming up, promising to be one of the largest blockchain events of the year.
- Pump.fun and Memecoin: Pump.fun's revenue has plummeted, being surpassed by LetsBonk in the memecoin race on Solana.
- *DeFi and Staking*: Spot Ethereum ETF staking could "profoundly reshape the market".
- *Bitcoin Price*: Bitcoin is heading towards the $119,000 mark as treasuries buy 28,000 BTC in just two days.
- *Altcoin and Altseason*: Sygnum predicts that altseason is approaching thanks to surging liquidity and clearer regulations