Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction

NYSE Arca is trying to get the green light from the SEC to list a new Bitcoin ETF tied to Truth Social, the social media platform backed by Trump Media & Technology Group. This is part of TMTG's push into crypto, which aligns with Donald Trump’s recent pro-Bitcoin stance.

Editor’s Note: Another Bitcoin ETF filing is on the table, but this one’s got political flavor—Truth Social’s involvement makes it a bit of a lightning rod. If approved, it could draw both crypto enthusiasts and Trump supporters into the market, but the SEC’s track record on spot Bitcoin ETFs means approval isn’t a sure thing. Either way, it’s a sign that crypto is still a hot topic in both finance and politics.

Dubai just gave the green light to Ripple’s USD-pegged stablecoin, RLUSD, marking another big step in the city’s push to become a global crypto hub. This approval signals growing institutional acceptance of Ripple’s tech and could pave the way for more crypto integrations in regulated markets.

Editor’s Note: Dubai’s move isn’t just a win for Ripple—it’s a sign that major financial centers are warming up to stablecoins and blockchain-based payments. For everyday users, this could mean faster, cheaper cross-border transactions, but it also hints at how crypto is slowly shifting from wild-west speculation to mainstream finance. Keep an eye on whether other regions follow Dubai’s lead.

Ripple’s stablecoin, RLUSD, just scored a big win in Dubai—it’s been officially approved by the Dubai Financial Services Authority as a "Recognised Crypto Token." This greenlight means RLUSD can now be used freely within the Dubai International Financial Centre, a major hub for global finance. What’s impressive is that this approval came just six months after RLUSD launched under a New York regulatory charter, making it the first fully dollar-backed stablecoin to get this stamp of approval in Dubai.

Editor’s Note: Dubai’s move signals growing institutional acceptance of stablecoins, especially those with strong regulatory backing. For Ripple, it’s a credibility boost and a foothold in a key financial market. For crypto at large, it’s another step toward mainstream adoption—showing that even conservative financial hubs are warming up to digital assets when they’re properly vetted. If you’re watching crypto’s real-world utility, this is a milestone worth noting.

Bitcoin’s price is stuck in a tug-of-war after a wild week of ups and downs, and now there’s a curious twist: more BTC is leaving exchanges than coming in. That’s often a sign big players are scooping up coins and holding tight—which could mean they’re betting on a rebound. But with the price still stuck near key levels, everyone’s waiting to see if this is the calm before another surge or just a pause before more turbulence.

Editor’s Note: When Bitcoin flows out of exchanges, it usually means investors are moving coins into private wallets (a.k.a. "accumulation"), which can hint at long-term confidence. But with prices still shaky, it’s not a clear win—just a signal to watch. For crypto traders, this could mean volatility isn’t done yet, and the next big move might be brewing.

Ethereum co-founder and Consensys CEO Joe Lubin thinks Ethereum (ETH) could outshine Bitcoin (BTC) in the long run, arguing that ETH’s real-world utility—like powering decentralized finance (DeFi) and trust-based systems—gives it an edge. He dropped this take during a podcast chat, adding that Consensys is even in discussions with sovereign wealth funds (big government-backed investors) about Ethereum’s role in reshaping finance.

Editor’s Note: Lubin’s vision isn’t just hype—it’s a bet that Ethereum’s flexibility (think smart contracts, apps, and institutional adoption) could make it the backbone of a new financial system. While Bitcoin remains the "digital gold" store of value, Ethereum’s broader functionality might appeal more to big players looking to modernize global finance. If sovereign funds jump in, it could signal a major shift in how traditional money meets crypto.