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Tornado Cash trial updates

Key Points: Tornado Cash’s Roman Storm begins trial defense; risks severe legal penalties.
Defense highlights Tornado Cash’s privacy-focused design.
Market awaits trial outcomes; focuses on privacy coin stability.
Roman Storm, Tornado Cash’s co-founder, faced an adjournment in his U.S. criminal tr
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USDC Ethereum blockchain burn

Key Points: USDC Treasury conducts large 54.47 million USDC burn on Ethereum.
Event helps maintain USDC’s stable peg to USD.
No official statements from Circle leaders post-burn event.
On July 25, 2025, the USDC Treasury destroyed 54.47 million USDC worth $54.46 million on Ethereum, monitored by
USDC-0.01%
ETH1.01%
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cryptocurrency market summer lull 2025

Key Points: Summer lull expected as White House delays crypto policy report.
Bitcoin and Ethereum show signs of overbought levels.
Potential liquidation risks for leveraged long positions in Ethereum.
Matrixport’s report signals a cooling phase in the crypto market with a consolidation trend
BTC1.38%
ETH1.01%
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Bit Digital share capital increase 2025

Key Points: Bit Digital plans shareholder meeting to discuss share capital increase.
Share capital aims to increase from 340 million to 1 billion.
No official confirmation on ETH investment plans yet.
Bit Digital plans a September 2025 shareholder meeting to vote on increasing its authorized share
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charges against Dragonfly Capital

Key Points: Prosecutors mull charges against Dragonfly, raising market uncertainty.
Potential legal precedent affects crypto investments.
Privacy tech investments risk chilling effect in U.S.
Federal prosecutors may file criminal charges against Dragonfly Capital employees, including Managing
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doj action on tornado cash investment

Key Points: DOJ considers charges over Dragonfly’s 2020 Tornado Cash investment.
Potential chilling effect on privacy-related crypto investments.
Community watches legal outcomes for wider industry impact.
The U.S. Department of Justice is contemplating legal action against Dragonfly for
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OSL Group capital raise analysis

Key Points: OSL Group raises HKD 23.36 billion; focuses on acquisitions and global ventures.
Strategic expansion targets new business initiatives and stablecoin development.
Equity placement priced at HKD 14.90 per share, a 15% market discount.
OSL Group, a Hong Kong-based digital asset firm,
BTC1.38%
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UK Bitcoin funding strategy

Key Points: Satsuma Technology secures £100M to enhance Bitcoin holdings.
CEO Henry Elder leads strategic shift.
Focus on US strategic investors for additional funds.
![](https:)
Satsuma Technology Caps £100M Funding for Bitcoin Expansion
![](https:) Satsuma Technology Caps £100M Funding for Bit
BTC1.38%
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JPMorgan Chase fintech fees

Key Points: JPMorgan’s data access fees spark fintech and crypto industry outcry.
Urgent call for White House intervention over consumer data rights.
Potential threat to stablecoins, fintech innovations, and banking access.
![](https:)
JPMorgan’s Data Access Fees Stir Fintech and Crypto
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Ghana cryptocurrency regulation plan

Key Points:
Ghana’s Bank of Ghana to license crypto platforms by September 2025.
Aims to generate revenue and enhance regulation.
New laws to promote trade and attract investment.
![](https:)Ghana to License Crypto Platforms by September 2025Ghana plans to issue cryptocurrency platform
BTC1.38%
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U.S. government Bitcoin holdings 2025

Key Points: U.S. government retains 198,000 BTC; Arkham confirms no sales.
ChainCatcher highlights U.S. holdings remain inactive for months.
Arkham warns of misleading rumors despite no large transfers.
The U.S. government has not sold the 170,000 BTC, worth approximately $20 billion, as
BTC1.38%
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Solana block size upgrade

Key Points: Solana increased block size by 20% for faster transactions.
Enhanced throughput impacts network performance positively.
Community responded positively to the scalability improvements.
Solana has increased its block limit from 50 million to 60 million Compute Units as of July 24,
SOL3.97%
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Trump Epstein files controversy

Key Points: Trump-Epstein files controversy disrupts U.S. political landscape.
Trump denies any wrongdoing or continued association.
House Speaker allows early recess amid tensions.
In recent developments, a controversy surrounding the Trump-Epstein files has escalated, drawing significant
TRUMP1.45%
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Joe McCann Solana treasury plans

Key Points: Joe McCann to lead Accelerate as CEO, aiming for $1.51 billion.
Accelerate to leverage various financing, like PIPE and SPAC warrants.
Success could significantly impact Solana’s liquidity and market dynamics.
Joe McCann, founder of Asymmetric Financial, will become CEO of Accelerate,
JOE0.51%
SOL3.97%
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Litecoin corporate treasury adoption

Key Points: MEI Pharma invests $100M in Litecoin for treasury, marking a market shift.
Litecoin creator Charlie Lee joins MEI board.
Institutional crypto adoption expands with this pioneering move.
MEI Pharma, listed on NASDAQ as MEIP, announced a $100 million private placement to purchase Litecoi
LTC-0.95%
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