Blog

Paxos Pursues National Trust Charter to Obtain Federal Oversight

Stablecoins Could Add $2 Trillion to U.S. Treasuries, Predicts Scott Bessent

The post Paxos Pursues National Trust Charter to Obtain Federal Oversight appeared first on Coinpedia Fintech News

Paxos, an established real-world assets (RWA) tokenization company, has announced plans to broaden its market share. The company announced that it applied to convert its charter under the New York Department of Financial Services (NYDFS) into a national charter.

Paxos filed for a national charter with the Office of the Comptroller of the Currency (OCC). Once approved, Paxos will end its NYDFS chatter obtained in 2015 and enhance its standard for safety and transparency under federal oversight.

“By applying for a national trust bank charter, we are continuing to offer enterprise partners and consumers the safest, most trusted infrastructure available. This is rooted in our belief in the transformative power of blockchain as a force for financial freedom. OCC oversight will help build on our historic commitment to maintaining the highest standards of safety and transparency,” Charles Cascarilla, CEO and co-founder of Paxos, noted

Paxos and the Stablecoin Market

Paxos has grown over the years in tandem with the mainstream adoption of stablecoins and digital assets. In addition to regulatory compliance in the United States, Paxos is regulated in Europe via the FIN-FSA, in Singapore via the MAS, and in Abu Dhabi through the FDRA.

The company has partnered with several firms to issue their respective stablecoins led by PayPal USD (PYUSD), Pax Dollar (USDP), and Global Dollar (USDG). Paxos anticipates to grow its portfolio of stablecoins through competitive yield bearing on different chains led by Solana (SOL). 
The stablecoins market is well-primed to grow exponentially in the coming years fueled by the clear regulatory frameworks in the United States. For instance, more traditional financial institutions have ventured into the stablecoins market following the enactment of the GENIUS Act by President Donald Trump.

The post Paxos Pursues National Trust Charter to Obtain Federal Oversight appeared first on Coinpedia Fintech News
Paxos, an established real-world assets (RWA) tokenization company, has announced plans to broaden its market share. The company announced that it applied to convert its charter under the New York Department of Financial Services (NYDFS) into a national charter. Paxos filed for a national charter with the Office of the Comptroller of the Currency (OCC). …

Uniswap Foundation Proposes Wyoming-based Legal Entity Dubbed DUNI: UNI Price Up 2% Today

Uniswap (UNI) Price Analysis Will the Fed’s Decision Spark a New Rally

The post Uniswap Foundation Proposes Wyoming-based Legal Entity Dubbed DUNI: UNI Price Up 2% Today appeared first on Coinpedia Fintech News

The Uniswap Foundation, a well-funded nonprofit organization focused on growing and decentralizing the Uniswap protocol, has announced a new legal proposal. According to the proposal, the Uniswap Governance will adopt a Wyoming-registered Decentralized Unincorporated Nonprofit Association (DUNA) as the legal structure.

The new legal entity dubbed DUNI will enable the Uniswap Protocol to retain its decentralized governance and still achieve legal clarity. Furthermore, mainstream adoption of decentralized financial (DeFi) in the past year has been catalyzed by clear regulatory frameworks in the United States among other major jurisdictions.

“Establishing Uniswap Governance as a DUNA would bolster critical limited liability protections for governance participants. This step is intended to protect governance participants from potential personal exposure to possible legal or tax liabilities stemming from the collective action taken by Uniswap Governance,” the announcement highlighted.

How the Uniswap Foundation’s DUNA Proposal Impacts Uniswap

The proposal for a legal entity to enhance the Uniswap Governance will ultimately impact the Uniswap protocol including the UNI token. Furthermore, the proposal highlighted that $16.5 million worth of UNI will be transferred to a DUNI-owned wallet to facilitate its legal defense and tax compliance budget. 

Wyoming Senator Cynthia Lummis welcomed the Uniswap protocol and commended the state legislature for setting up clear crypto regulations. 

What’s Next for the UNI Price?

Following the announcement, UNI price gained around 2 percent in the past 24 hours to trade at about $11.17 on Monday during the late North American session. The mid-cap altcoin, with a fully diluted valuation of about $11 billion, has since gained over 14 percent in the past seven days after a confirmed rebound from the 50 and 200-weekly Moving Averages (MA).

From a technical analysis standpoint, UNI price is well-positioned to rally at least 100 percent in the coming weeks. Moreover, the UNI/USD pair in the daily timeframe has formed an inverted head and shoulders (H&S) pattern, which has a midterm target of around $20.

The post Uniswap Foundation Proposes Wyoming-based Legal Entity Dubbed DUNI: UNI Price Up 2% Today appeared first on Coinpedia Fintech News
The Uniswap Foundation, a well-funded nonprofit organization focused on growing and decentralizing the Uniswap protocol, has announced a new legal proposal. According to the proposal, the Uniswap Governance will adopt a Wyoming-registered Decentralized Unincorporated Nonprofit Association (DUNA) as the legal structure. The new legal entity dubbed DUNI will enable the Uniswap Protocol to retain its …

What Crypto Whales Are Buying Ahead of US CPI Release

The July US Consumer Price Index (CPI) report will be released on August 12, and the crypto market is already showing signs of positioning ahead of this key economic event. 

On-chain data show that crypto whales have been strategically buying some altcoins in the lead-up to the release. Chainlink (LINK), Cardano (ADA), and the meme-based token PEPE are some of the top assets attracting whale activity.

Chainlink (LINK)

LINK, the native token of leading oracle network provider Chainlink, is witnessing a surge in whale demand ahead of the US CPI Release

According to Nansen data, wallet addresses holding more than $1 million worth of LINK have increased their holdings by 11% over the past seven days.

LINK Whale Activity
LINK Whale Activity: Nansen

This uptick in accumulation and improving sentiment in the broader crypto market has propelled LINK’s price more than 30% higher in the past week. This indicates renewed investor confidence and bullish momentum around the asset.

If the rally persists, LINLK’s price could extend its gains toward $25.55.

LINK Price Analysis.
LINK Price Analysis. Source: TradingView

On the other hand, if demand stalls, LINK could reverse its uptrend and fall to $19.51.

Cardano (ADA)

Layer-1 (L1) coin ADA is another asset that large investors are buying ahead of tomorrow’s US CPI release. According to Santiment, whale addresses holding between 100 million and 1 billion coins have collectively accumulated 190 million ADA in the past seven days.

ADA Whale Activity.
ADA Whale Activity. Source: Santiment

This surge in whale buying appears to have energized retail traders as well, helping push ADA’s price to a 14-day high of $0.82 at press time. 

If the rally continues, ADA could climb above $0.84 and potentially attempt to cross the $0.92 resistance level. 

ADA Price Analysis
ADA Price Analysis. Source: TradingView

However, if demand weakens, the price may retrace to around $0.76.

PEPE

The Solana-based frog-themed meme coin PEPE has also enjoyed some attention from crypto whales over the past week. 

During that period, holders of tokens worth more than $1 million have increased their PEPE investments by 2%. As of this writing, this cohort of investors holds 9.01 trillion tokens. 

PEPE Whale Activity
PEPE Whale Activity: Nansen

PEPE trades at $0.00001207 at press time, up 17% in the past seven days. With growing bullish momentum across the crypto market, the meme coin could maintain its rally if whale demand holds.

In this scenario, PEPE could trade at $0.00001315.


PEPE Price Analysis.
PEPE Price Analysis. Source: TradingView

Converesly, if buying activity decreases, PEPE risks plunging to $0.000001070.

The post What Crypto Whales Are Buying Ahead of US CPI Release appeared first on BeInCrypto.

Bitcoin Enters Space Tourism With Jeff Bezos

Blue Origin, Jeff Bezos’ private spaceflight company, will now accept payments in Bitcoin and other leading cryptoassets. Eligible tokens include ETH, SOL, USDT, and USDC.

Justin Sun, founder of Tron, used one of the company’s flights to space earlier this month. Blue Origin is making inroads with the crypto industry, potentially capturing imaginations worldwide.

Blue Origin’s Crypto Spaceflights

Space travel has often fascinated people in the crypto scene; crypto firms have contributed to space communications research, multiple companies have funded satellites with token sales, and Elon Musk even owns a spaceflight company.

Today, Jeff Bezos’ Blue Origin is deepening these worlds’ intersection by allowing Bitcoin payments for spaceflights:

“Starting today and powered by Shift4’s seamless payments technology, consumers can pay with popular cryptocurrencies and stablecoins like Bitcoin, Ethereum, Solana, USDT and USDC for trips to space aboard Blue Origin’s New Shepard. Customers will also have the option to connect popular wallets like Coinbase and MetaMask,” Blue Origin claimed.

Blue Origin, founded by Jeff Bezos in 2000, has already had a few notable intersections with the crypto industry. Earlier this month, Tron founder Justin Sun completed a trip beyond the Kármán line after securing passage in 2021.

The last crypto executive to fly to space used SpaceX’s rockets, so this event increased Bezos’ firm’s notoriety.

Bitcoin To The Moon – Literally

Shift4, Blue Origin’s partner in this enterprise, has a history of facilitating crypto transactions. It acquired The Giving Block in 2022 and partnered with Chainlink and Mastercard to increase cardholders’ Web3 access this June.

With its support, international travelers can immediately book spaceflights on any day or time.

Ultimately, this does seem more like a gimmick than a true use case. Blue Origin flights cost around $28 million, and TradFI institutions have plenty of ways to make transactions as convenient as possible.

Blockchain-based payment solutions won’t necessarily add significant ease of use for travelers.

However, even assessed as a publicity stunt, it’s a pretty noteworthy one. The crypto industry has long promised technological solutions to seemingly intractable human problems, and space travel naturally shares this vision.

Thanks to Blue Origin, Bitcoin and other cryptoassets might get a chance to emphasize that connection.

The post Bitcoin Enters Space Tourism With Jeff Bezos appeared first on BeInCrypto.

Could Ethereum Ever “Flip” Bitcoin? Here’s What Crypto Leaders Think

Call it an overturn, or even an upending. But most people refer to the concept of Ethereum’s market capitalization overtaking Bitcoin as “the flippening”. 

The question is, with ETH surging over $4,300 and fast approaching its all-time high of $4,878, could the flippening actually happen?

Will Ethereum Eventually Take the Crown from Bitcoin?

Ethereum’s current market cap is around $500 billion, while Bitcoin is almost five times that, at $2.3 trillion. Despite this, bullishness abounds from people like Ethereum co-founder Joe Lubin these days. 

“I think we’ll see some astonishing things in the next year or so,” Lubin said on CNBC, regarding the possibility of a flippening of ETH over BTC. 

Lubin cited the growth of publicly traded crypto treasury companies as one catalyst for this potential move in his July 30 CNBC interview. Lubin’s SharpLink Gaming (NASDAQ: SBET) treasury play currently holds 521,939 ETH, worth more than $2 billion as of press time. 

Many fund managers and investment professionals aren’t so sure, however. 

“As far as the ‘flippening’, we just don’t think it will happen,” said Jeff Embry, managing partner of crypto fund Globe 3 Capital. “ETH has too high a hill to climb to surpass BTC and the drivers of what creates value for both should keep BTC in the lead.”

Many look to the ETH/BTC trading pair for some historical insight. 

In the 2017 bull run, the ETH/BTC ratio was around 0.1475 BTC per ETH. This means ETH was worth about 14.75% of BTC’s price at its peak of the ratio. 

ETH/BTC is currently at 0.03532 BTC per ETH—only 3.6% of BTC’s price. However, there is likely room for that ratio to trend up, which will likely amplify the noise of any potential flippening in the future. 

All-time ETH/BTC pair chart. Source: CoinGecko

“The spread ETH-BTC is now being aggressively bought since its lows in April 2025 and I believe it has some more room to go,” said Jean-Marc Bonnefous, managing partner of crypto-focused Tellurian Capital. “This recovery has been magnified by the fact that a number of hedge funds were short the ETH-BTC spread and had to stop out of that position ahead of the large buying from new ETH treasury companies.”

Ethereum treasury companies such as Tom Lee’s Bitmine Immersion Technologies (NASDAQ: BMNR), the #1 publicly traded ETH holding company with 833,133 ETH worth $3.5B at press time, are fueling this appreciation. 

Lee recently predicted a $16,000 price point for ETH, which could bring the asset closer to its 2017 record price ratio with Bitcoin. 

The top ten public ether treasury companies. Source: CoinGecko
The top ten public ether treasury companies. Source: CoinGecko

Different Purpose and Supply Dynamics

Yet some of the fundamental aspects of the technology behind ETH that piques Wall Street interest might not be enough to go higher than BTC’s price.

“We would need a massively bullish case for RWAs and tokenised treasuries over the next five years plus AI, gaming, sovereign infrastructures, all running on Ethereum,” noted Chris Thomas, of multi-partner crypto advisory Lake Capital. “But even on those numbers we may only see a $30,000-$50,000 ETH price… and at that point, we could argue that Bitcoin will be up another 7-10x.”

It’s important to keep in mind that as ETH’s price is rising, it’s very possible that Bitcoin will continue a run upwards as well. Ether’s supply dynamics are different from those of Bitcoin’s renowned fixed supply.

“In terms of price per ETH, it is unlikely to pass the price per Bitcoin,” said Steve Chen, founder of blockchain startup accelerator BAIK Ventures. “Bitcoin’s total supply is capped at 21 million.  ETH does not have a hard cap of total supply, there is some burning, but the outstanding amount of ETH is a huge number.”

According to CoinGecko, the current outstanding supply of ETH is 120 million tokens. Unlike Bitcoin’s 21 million fixed circulation, Ethereum has no hard cap on its supply. 

Instead, the Ethereum network burns transaction fees, known as gas, in its proof-of-stake consensus mechanism. Bitcoin fees, on the other hand, are rewarded to proof-of-work miners. 

Also, the roles and purposes of BTC and ETH are clearly different, so providing an apples-to-apples comparison between the two very disparate networks is difficult. 

That being said, expect the BTC vs. ETH narrative and price wars to keep heating up. Both will continue to be in high demand as crypto regulatory winds have shifted more favorably in 2025.

“BTC has the first mover advantage and remains the primary digital gold asset,” added Tellurian Capital’s Bonnefous. “Although I expect quite a bit more of a catch-up for ether which had been oversold these last few months.”

The post Could Ethereum Ever “Flip” Bitcoin? Here’s What Crypto Leaders Think appeared first on BeInCrypto.

Dogecoin Price Faces Profit-Taking Risk—One Key Level Could Decide Its Next Move

The crypto market has been showing signs of strength lately, and Dogecoin hasn’t been left out. The meme coin has jumped more than 16% in the past week, but over the last day, it’s been moving sideways.

Some on-chain and chart signals suggest sellers could be gearing up to take profits, leading to a short-term pause or pullback. Whether DOGE can keep climbing or start slipping could all come down to one critical support level.

Profit-Taking Pressure Builds, Inflows Back It Up

The percentage of addresses in profit for DOGE recently touched about 84%; the same level seen on July 27 before the price dropped from $0.24 to $0.19 in just a week. Historically, when too many holders are in profit, some tend to cash out.

Dogecoin price and percent of addresses in profit:
Dogecoin price and percent of addresses in profit: Glassnode

Backing this up, exchange spot netflow has flipped from –$52 million on August 10 to +$2.7 million on August 11. More DOGE is moving into exchanges, often a sign that traders are preparing to sell.

DOGE spot inflows increasing
DOGE spot inflows increasing: Coinglass

For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

SOPR Hints At A Cooling-Off, Led By Profit-Takers

The Spent Output Profit Ratio (SOPR) shows whether coins are being sold at a profit or loss. A reading above 1.0 means holders are taking profits.

Dogecoin price and increasing SOPR
Dogecoin price and increasing SOPR: Glassnode

On August 10, DOGE’s SOPR climbed to 1.045, close to the levels seen in late July, which was followed by quick pullbacks. It’s a sign the market could be near another short-term cooling-off point. Plus, an increasing SOPR aligns with the sell-based narrative.

Key Level On The Chart Could Decide What’s Next For Dogecoin Price

On the 4-hour chart, the DOGE price is hovering near $0.235, just under the falling trendline of a descending triangle pattern. This setup often leans bearish in shorter time frames, hinting at consolidation and not a breakdown.

The Fibonacci levels act as the base of the descending triangle, showing up as key support levels. Dogecoin price has broken past several levels aligned with the $0.23 mark. If $0.235 breaks, traders might have to watch for the following hints:

Dogecoin price analysis
Dogecoin price analysis: TradingView
  • Support to watch: $0.22 — This level has held strong before. If it holds again, buyers may step in.
  • If it breaks, the Dogecoin price could slip lower.
  • Upside trigger: Clearing $0.24–$0.246 would break the triangle and give bulls another shot at $0.25+.

Breaking past $0.24 would invalidate the bearish triangle and keep the bullish momentum ongoing. For now, $0.22 is the line in the sand that could decide if DOGE keeps rallying or sees more red candles.

The post Dogecoin Price Faces Profit-Taking Risk—One Key Level Could Decide Its Next Move appeared first on BeInCrypto.

3 Made In USA Coins to Watch for the Second Week of August

The US CPI data scheduled to be released this week will be a key moment for the crypto market, as it could impact the tokens for good or for worse. Some crypto tokens that have been noting bullshness this past week might manage to stay afloat or even continue rallying.

In line with this, BeInCrypto has analysed three Made in USA coins for investors to watch.

Stacks (STX)

STX price has risen 11.5% over the past week, signaling a shift from bearish to bullish. While the rally hasn’t been dramatic, the Parabolic SAR indicator is currently sitting beneath the candlesticks, showing an uptrend.

This shift indicates that the altcoin may be preparing for further upward movement.

The bullish momentum could help STX push past the $0.778 resistance level, potentially reaching the next resistance at $0.847. This would mark a multi-week high and strengthen the case for further growth.

A successful breakout above this resistance could lead to increased buying pressure and continued upward movement.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

STX Price Analysis.
STX Price Analysis. Source: TradingView

However, if STX fails to breach the $0.778 resistance, it may face downward pressure. A break below the $0.740 support level could signal a reversal, with STX dropping to $0.691.

Such a move would invalidate the current bullish outlook, signaling a potential decline in price.

Aerodrome Finance (AERO)

AERO price has risen 51% over the past week, currently trading at $1.17. The altcoin is facing resistance at $1.21, a level it has yet to breach.

A successful breakout above this resistance could signal continued upward momentum, but the market remains cautious at this key level.

The exponential moving averages (EMAs) formed a Golden Cross towards the end of July, signaling bullish momentum. This technical pattern could drive AERO past the $1.21 resistance, aiming for $1.35.

AERO Price Analysis.
AERO Price Analysis. Source: TradingView

However, if AERO fails to break through $1.21, the altcoin could decline. Failure to breach this resistance could lead the price back down to $1.00, erasing recent gains.

Such a move would invalidate the current bullish outlook, signaling a potential reversal in price direction.

Lumia (LUMIA)

LUMIA has posted a 28% rise in the last seven days, moving from $0.288 to $0.369. The altcoin has emerged as one of the best-performing Made in USA coins, attracting investor attention.

This recent surge indicates strong market interest and potential for further growth in the short term.

Currently, LUMIA is facing resistance at the $0.370 level. The Ichimoku Cloud shows bullish momentum gaining strength, which could be pivotal for breaking through this barrier.

If LUMIA can surpass $0.370, it could target the next resistance at $0.385, continuing its upward trend and maintaining positive momentum.

LUMIA Price Analysis.
LUMIA Price Analysis. Source: TradingView

However, if the US Consumer Price Index (CPI) report is disappointing, LUMIA’s price may face downward pressure. A failure to hold above $0.370 could lead to a drop to $0.346 or below, erasing recent gains. Such a shift would invalidate the bullish thesis, signaling a possible market correction.

The post 3 Made In USA Coins to Watch for the Second Week of August appeared first on BeInCrypto.

BNB Treasury firm BNC Acquires 200,000 Binance Coins, Becomes Largest Corporate Holder

Nasdaq-listed CEA Industries (BNC) acquired a massive 200,000 Binance Coins worth $160 million earlier, thereby becoming the largest BNB Treasury firm. This is the first of the $500 million in planned investments into BNB coin. 10x Capital, in partnership with CZ-backed YZi Labs, is leading this initiative to help CEA build its own BNB reserves.

The post BNB Treasury firm BNC Acquires 200,000 Binance Coins, Becomes Largest Corporate Holder appeared first on CoinGape.

“ETH Can Flip BTC In A Year”, Claims Co-Founder Joseph Lubin As Ethereum Overtakes Mastercard And Netflix

Ethereum’s bold move to $4,300 and 21% weekly rally has taken its market cap over $520 billion, overtaking top corporate giants like Mastercard, Netflix, and Exxon Mobil. This makes ETH the 22nd largest asset in the market following the strong ETH price rally in July. Market analysts are hopeful of further upside, as ETH challenges

The post “ETH Can Flip BTC In A Year”, Claims Co-Founder Joseph Lubin As Ethereum Overtakes Mastercard And Netflix appeared first on CoinGape.