Crypto Centralized entities now hold nearly 31% of Bitcoin’s supply, signalling deepening institutional adoption.
USDC expanded to World Chain and XRP Ledger, while Tether made a major Canadian investment.
Chainlink, JPMorgan, and Alchemy Pay advanced cross-chain and tokenized asset integration across global markets
According to a recent crypto report by Satoshi Club on the market overview, the global crypto market added 4.0% in value over the last 24 hours, reaching a total capitalization of $3.5 trillion. Trading volume also rose to $116 billion, marking increased activity across major assets. Key developments spanned Bitcoin holdings, regulatory updates, and token launches, reflecting continued institutional and cross-chain momentum.
Institutional Bitcoin Holdings Reach 31% Amid Treasury Growth
A new report from Gemini and Glassnode confirmed that centralized treasuries now control 30.9% of Bitcoin’s circulating supply. These holdings include assets managed by governments, exchange-traded funds, and public companies. Mercurity joined this trend, announcing plans to allocate up to $800 million to a new Bitcoin treasury.
Circle, Tether, and USDC Record Major Stablecoin Advances
Circle’s USDC stablecoin went live on World Chain, expanding its presence to a user base of 27 million. The firm also partnered with Matera to introduce multicurrency stablecoin payments in Brazil. Circle further deployed USDC on the XRP Ledger, enhancing stablecoin interoperability across blockchains.
Tether acquired a 32% stake in Elemental Altus, a Canadian company. The move aligns with its strategy to expand fiat and stablecoin infrastructure throughout North America.
JPMorgan, Chainlink, and Alchemy Drive DeFi Innovation
Chainlink and JPMorgan executed a cross-chain delivery-versus-payment settlement using tokenized U.S. Treasuries. The transaction involved Kinexys and Ondo, and marked a milestone in secure real-world asset transfer.
Alchemy Pay announced a new partnership with Backed to launch 55 tokenized U.S. stocks and ETFs by August. These assets, including Apple and NVIDIA, will be available in over 170 countries.
Meanwhile, GameStop confirmed that Bitcoin payment integration via NYDIG remains scheduled for 2026. This came after the company’s shares dropped 11% following a debt conversion.
Browser Extension Launches and Token Surges Add Market Activity
Truth for the Commoner released the “Opportunity Cost” browser extension, which displays product prices in Bitcoin or sats. The tool aims to encourage low-time-preference thinking through BTC pricing.
Sweden’s H100 token jumped 45% after raising $10 million for Bitcoin infrastructure projects. The asset, although listed under BTC, is tied to the country’s mining sector.
Coinbase, Meta, and the SEC Face Legal and Political Pressures
Coinbase confirmed that former U.S. President Donald Trump will speak at its upcoming crypto conference, signalling rising political interest in blockchain regulation. In Washington, the GENIUS Act was introduced to define federal stablecoin oversight. The bill follows lobbying from Meta, which plans to launch its own digital asset.
Separately, a Solana-based DeFi firm cancelled its $200 million raise after SEC intervention. In Japan, individuals accused of a crypto-linked kidnapping pleaded not guilty, raising concerns over legal clarity. Finally, Disney and Universal sued AI company Midjourney, alleging copyright violations for using protected content during training. Read MoreNews, Crypto Weekly, Market News, NewsNow, Regulation News, Crypto market, cryptocurrency
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