Author: John Smith

Senator Lummis is dragging federal housing agencies into the 21st century with a bill that mandates crypto be recognized in mortgage approvals. The move challenges decades-old lending rules, potentially opening doors for young buyers, but critics warn it could destabilize the system. Summary Senator Cynthia Lummis introduced a bill requiring Fannie Mae and Freddie Mac to recognize crypto assets in mortgage evaluations. The 21st Century Mortgage Act targets outdated lending criteria and responds to low homeownership rates among Americans under 35. Critics, including Senators Warren and Sanders, argue the move could inject risk into the housing market due to crypto…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. LILPEPE raises $11.8m in presale, eyes top 20 spot as it challenges ADA and SUI with real utility and meme momentum. Summary LILPEPE eyes ADA and SUI as it races toward the crypto Top 20 leaderboard. With $11.8m raised, LILPEPE’s Layer-2 tech is turning heads in presale. Sniper bot-resistant and fast, LILPEPE is building a new memecoin standard. The crypto market has always rewarded underdogs. All eyes are shifting toward Little Pepe (LILPEPE) — a project many believe is…

Hyperliquid’s frontend crashed for half an hour, pausing all trading on the platform and shaking confidence in its token. Summary Hyperliquid DeFi exchange suffered downtime. The issue was related to its front-end connection. HYPE token was down 5% post-crash. In DeFi, decentralization only goes so far, especially when it comes to user-facing components. On Tuesday, July 29, between 14:20 and 14:47 UTC, Hyperliquid’s (HYPE) API crashed, disabling front ends and pausing trading. During that period, users could not open or close trades, enter or exit short positions, or withdraw their funds. Bad news: the Hyperliquid API is downGood news: Hyperliquid appears…

Queens Park Rangers is diving headfirst into asset tokenization, partnering with TokenFi in a sponsorship deal that could turn fan engagement into a tradable market. The EFL Championship club is testing whether blockchain can finally crack mainstream sports. Summary Queens Park Rangers partners with TokenFi in a pioneering move to tokenize fan engagement. The deal includes digital campaigns and explores giving fans ownership stakes in club assets. Future tie-ins with Floki and Valhalla hint at deeper blockchain integration in sports. In a press release dated July 29, Queens Park Rangers and TokenFi announced a multi-year sponsorship agreement that positions the…

Tron price continued its strong bull run this week, reaching its highest level since December last year. Summary Tron price is on the verge of a strong bull run to its all-time high. CryptoQuant points to its dominance in the stablecoin industry. They also pointed to the growing decentralized finance ecosystem. Tron (TRX) jumped to $0.3500, even as the crypto market pulled back. It was up by 75% from its lowest level this year. CryptoQuant explains why Tron price is surging In an X post, CryptoQuant, one of the more trusted analytics platform, explained why the Tron price has surged…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu and BONK holders pivot to XYZVerse as the next big crypto play with massive upside potential. Summary XYZVerse targets 50X gains as SHIB and BONK holders shift focus. With $15m raised, XYZ presale surges ahead of $0.1 listing target. XYZVerse blends meme hype with real utility in the sports space. As the crypto market evolves, a new player is drawing attention from seasoned investors. Amid a shift in investment trends, holders of Shiba Inu and BONK are…

Conflux price went parabolic on Tuesday, surging by over 40% amid enthusiasm about the upcoming upgrade and its yuan-based stablecoin efforts. Summary Conflux price formed a God candle ahead of the quarterly community call. The developers will announce details of the upcoming hard fork. Conflux 3.0 will introduce faster speeds, AI agent features, and stablecoin support. Conflux (CFX) token surged to a high of $0.2730, its highest point since April last year, and is now up 370% from its lowest point this year, giving it a market capitalization of over $1.3 billion. Conflux 3.0 hype continues ahead of community call…

MetaMask will allow users to earn passive yield through storing stablecoins in their wallets. The new feature is powered by the Aave protocol. How does Stablecoin Earn work? Summary MetaMask has launched its first passive rewards program for stablecoin deposits. Users can directly deposit stablecoins into the Aave protocol through the mobile app without a lock-up period. On July 29, the crypto wallet service launched its first stablecoin yield product. Dubbed “Stablecoin Earn,” users can now begin to deposit their stablecoins and start earning passive rewards directly from the mobile app. According to the official announcement on the crypto wallet’s…

Coinbase has included Bio Protocol and Euler in its asset roadmap, indicating they could be listed on the exchange down the line. Summary Coinbase added Bio Protocol and Euler to its asset roadmap on July 29. BIO surged nearly 17% after the announcement before paring gains; EUL rose approximately 3.5%. Both tokens are already listed on major exchanges, which may temper the impact of a potential future Coinbase listing. In a July 29 X post, crypto exchange Coinbase announced that it has added Bio Protocol (BIO) and Euler (EUL) to its asset roadmap. Following the announcement, BIO rallied nearly 17%…

Avalanche faces a potential short-term correction due to a bearish RSI divergence, but the broader uptrend remains bullish amid growing institutional adoption of its L1 network. Summary AVAX price tested the critical $27 neckline resistance before pulling back to $25. A bearish RSI divergence suggests potential weakening momentum in the short term. The 20-day EMA, which contained the recent dip, will likely act as support during the correction. The broader uptrend is intact based on a bullish EMA/SMA crossover. Institutional adoption of Avalanche Layer 1 gained momentum with Grove Finance’s recent announcement to deploy $250 million in real-world assets on…