Ripple will acquire stablecoin payment platform Rail for $200 million to expand its global digital asset payment capabilities and strengthen its enterprise stablecoin offering.
Strategic Expansion into Stablecoin Infrastructure
Ripple has announced plans to acquire payments infrastructure firm Rai

The English Premier League (EPL) is one of the most bet-on sports leagues in the world—and in 2025, you don’t need a bank account or KYC to join the action. Thanks to the rise of crypto sportsbooks, you can now place bets on every match, goal, and corner using Bitcoin (BTC) and USD Coin

The Ethereum Foundation is funding Roman Storm's legal defense following his conviction related to the Tornado Cash protocol. Experts warn this case could set a precedent for the treatment of open-source developers amid ongoing tensions in the crypto space.

Fifteen years after Satoshi Nakamoto's prophetic statement about Bitcoin's utility surpassing its energy costs, the cryptocurrency has evolved into a key player in a $2.3 trillion market, attracting institutional and governmental interest. Despite ongoing volatility, Bitcoin's journey reflects its transition from a niche experiment to a strategic asset.

BONK, a memecoin on Solana, rose 1.7% to $0.00002626. It faced resistance at $0.00002640 and has established support between $0.00002550 and $0.00002600. Trading volume exceeded 1.09 trillion tokens, while market sentiment remains cautious under broader crypto volatility.

Block is focusing on teenage users of its Cash App for growth, highlighting efforts to enhance engagement and retention through new initiatives. The app reported 5 million active teen accounts, contributing to overall profit growth despite some revenue decline.

Verb Technology Company Inc. has completed a $558 million private placement, becoming the first publicly traded firm to hold toncoin (TON) as a treasury asset. The firm plans to acquire TON, earn staking rewards, and rebrand as TON Strategy Co. (TSC).

The cryptocurrency market bounced back on Thursday, with Bitcoin (BTC) rallying past $116,000 after having given up some of the gains over the past two weeks. Thursday’s rally came on the news that Bitcoin and other digital currencies could soon be included in retirement accounts or 401 (k)

Block XYZ reported second-quarter 2025 adjusted earnings of 62 cents per share, which outpaced the Zacks Consensus Estimate by 3.3%. However, the figure decreased 33.3% year over year

Net revenues of $6.05 billion missed the consensus mark by 4.2%. The top line declined 1.6% year over year

A version of this article appeared in our The Roundup newsletter on August 9. Sign up here.
Hi! Eric here.
Roman Storm is getting ready for Round Two.
The Tornado Cash co-founder may still be reeling from his three-week courtroom drama that culminated in a guilty verdict of conspiracy to

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 4044.63, up 2.8% (+111.1) since 4 p.m. ET on Thursday.
Nineteen of 20 assets are trading higher.
9am CoinDesk 20 Update for 2

The gold bull market began in 1999, when the Bank of England auctioned half its reserves, pushing the price to a low of $252.50 per ounce. I concluded my Q2 Barchart report on precious metals with the following:
> Gold’s trend remains higher, and the trend is always a trader or investor’s best

Many people are curious about investing in bitcoin, but hesitant to open a crypto wallet or navigate the foreign landscape of digital exchanges. While cryptocurrencies are still relatively new and unproven over longer time horizons, there’s a third path that many investors might not even know is an