Gemini, the crypto exchange owned by the Winklevoss twins, is preparing for an IPO despite reporting significant losses. The company has filed for a Nasdaq listing under the ticker GEMI, revealing its financial struggles as it aims to regain market position.

Editor’s Note: This matters because it highlights the challenges faced by crypto exchanges in a volatile market. Gemini's losses could impact investor confidence and the overall perception of the cryptocurrency industry as it seeks to stabilize and grow.

Strategy and Metaplanet have increased their Bitcoin holdings to control 3.1% of the total supply. This move highlights the growing trend of corporations treating Bitcoin as a strategic asset.

Editor’s Note: This development is significant as it reflects the increasing acceptance of Bitcoin among corporate investors. As more companies invest in Bitcoin, it could lead to greater stability and legitimacy for the cryptocurrency market.

The SEC has delayed key crypto ETF applications, including those for Solana and XRP, pushing decisions to October. This marks a repeated pattern in the SEC's handling of crypto timelines.

Editor’s Note: This delay is significant as it affects the future of cryptocurrency investments and market confidence. Investors and companies are left in uncertainty, reflecting ongoing regulatory challenges in the crypto space.

Japan is set to approve its first Yen-backed stablecoin this fall, marking a significant step in the country's financial technology landscape. The stablecoin will be fully collateralized and aims for a national launch.

Qubic, an AI-focused blockchain project, has targeted Dogecoin after gaining control over Monero's network through a 51% attack. This move raises concerns within the cryptocurrency community about the security of Dogecoin.

The identity of Bitcoin's creator, Satoshi Nakamoto, remains a mystery. Recently, Twitter founder Jack Dorsey has been suggested as a potential candidate for this elusive figure, joining others like Hal Finney and Nick Szabo in speculation.

Chainlink has launched its LINK reserves feature, accumulating 109,663 LINK tokens. This development positions LINK as a top altcoin to consider for investment in 2025, currently priced at $24.6.

Arbitrum is poised for a significant breakout, driven by the success of Ethereum and the thriving ecosystem of tokens. Despite some fading momentum for ETH, ARB crypto shows promising signs on the daily chart.

The crypto market is experiencing a downturn as Bitcoin falls 2.08%, testing the $115,000 mark. Other major cryptocurrencies like XRP and Ethereum also see declines, prompting investors to reconsider their strategies.