Tag: CRYPTOS FoxBusiness

  • Trump’s crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials

    Trump’s crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials

    The ethics provision is among the final sections of the Clarity Act that need to be ironed out if the bill is to advance to a Senate floor vote. The clock is running out on getting the legislation approved, and industry insiders are anxiously awaiting the latest draft of Clarity, which they expect in the next couple of days. But it isn’t expected to have completed language on this section and a couple of other points also still being debated.

    Earlier, bipartisan discussions had covered the possibilities of extending ethics implementation to a later period that might not impose immediate disruptions on Trump’s extended crypto-related holdings, and that the limits would be on the government officials and not beyond them. But people briefed on the negotiations have said that they’d hit a recent wall, despite the dwindling available calendar for action in the Senate before the summer recess and the shift in focus to the midterm elections.

    The Senate is back to work this week and has just a few weeks remaining before its major break. Senate Majority Leader John Thune had suggested that he’d press forward with a Clarity vote this month, whatever shape the bill is in. The talks now have the element of Trump’s recent financial disclosures to contend with, in which he pocketed massive profits from sales of crypto assets and related income streams from the sector.

  • Bitcoin panic-selling may be ending as sellers’ profit margins disappear

    Bitcoin panic-selling may be ending as sellers’ profit margins disappear

    Dessislava Ianeva, an analyst at Nexo, made a similar point in an email to CoinDesk.

    “ETF flows confirm it from another angle. The past ten days split between inflow and outflow, netting slightly positive,” Ianeva said.

    “Glassnode data shows spot selling pressure has faded. June’s net selling averaged nearly 2,000 $BTC a day; July’s has slowed to just 53 $BTC a day, the calmest month of 2026 outside April.”

    The relative calm, however, may not indicate a rapid turnaround.

    The price recovery from the year’s low of $57,700, hit earlier this month, is largely driven by derivatives traders and not spot buyers, according to Alex Kuptsikevich, FxPro’s chief market analyst.

    “Demand for Bitcoin is recovering rapidly, though the growth is currently being driven mainly by retail traders in the speculative futures market. At the same time, the situation in the spot market remains less positive,” he said.

    Without a strong return of buy-side liquidity, prices could remain in a sideways trend for months to come, he said.

    Caution is understandable ahead of macroeconomic data that may influence interest-rate decisions and the appetite for risk.

    U.S. CPI for June is scheduled for release Tuesday and Fed Chair Kevin Warsh’s first Congressional testimony is due this week. These events could influence the market trajectory and make, or break, the recovery.

  • President Donald Trump Sends China-Related Crypto Message: Hints at US Clarity Act, a Bullish Cryptocurrency Law!

    President Donald Trump Sends China-Related Crypto Message: Hints at US Clarity Act, a Bullish Cryptocurrency Law!

    Uncertainty continues in the Clarity Act process, one of the most important legislative bills aimed at regulating cryptocurrencies in the US.

    At this point, the passage of the Clarity Act, also known as the Transparency Act, is eagerly awaited, and US President Donald Trump has also called for its enactment.

    At this point, Donald Trump, in a post on Truth Social, pointed out that many countries, including China, were trying to get their hands on this “important financial event.”

    He added that the US is currently in a leading position, but it should not allow China to win in either the AI or cryptocurrency sectors.

    “…China and many other countries want to completely and entirely seize control of these major financial phenomena and artificial intelligence.”

    We are currently ahead in artificial intelligence, but they are also competing fiercely.

    Don’t let China win in both areas.”

    With Trump making a critical call regarding the CLARITY Act, according to CryptoInAmerica host Eleanor Terrett, the next four weeks, coinciding with the reconvening of the US Senate, are seen as a critical turning point for the passage of the CLARITY Act this year.

    Terrett stated that the market views the period before the August congressional recess as the last realistic opportunity this year to pass the cryptocurrency market structure bill.

    However, the bill needs 60 votes to pass the entire Senate, making the cooperation of the Democrats essential.

    In this context, a revised version of the bill incorporating the proposals of the Senate Banking and Agriculture Committees is expected to be released this week. According to Terrett, this will determine the progress of negotiations and how to proceed on the remaining points of contention.

    The biggest problem remains the ethical issue, as the White House has yet to reach an agreement on conflict of interest measures regarding President Trump’s cryptocurrency businesses. Democrats and some Republicans are demanding stricter ethical guidelines for the president’s crypto ventures.

    *This is not investment advice.

  • Jito proposes token-centric model, pledging JTX revenue to JTO buybacks and burns

    Jito proposes token-centric model, pledging JTX revenue to JTO buybacks and burns

    Jito has published JIP-38, a governance proposal that would formally designate the protocol as a token-centric network, under which all major network revenues will flow to the DAO and be governed by $JTO token holders.

    The only exception is 20% of JTX platform fees, which will continue to be reinvested in JTX development, according to the proposal posted on July 13.

    JIP-38 is now live.

    Value should live with the Network. This proposal formally establishes Jito as a token-centric network, committing 100% of the Jito DAO’s revenue share from @JTX_trade to programmatic buyback and burns of $JTO for at least 1 year from JTX launch.

    — Jito (@jito_sol) July 13, 2026

    The plan would commit 100% of the DAO’s JTX revenue share to open-market $JTO buybacks and permanent token burns for a minimum of one year through Q4 2027.

    As noted, buybacks would be executed automatically through a Rev Splitter mechanism overseen by the Dev Council, while governance documentation would be updated to reflect the network’s token-centric policy.

    JIP-38 also outlines governance and implementation measures including updating official governance documentation to reflect Jito’s token-centric model, progressively automating the Rev Splitter, and completing existing revenue allocation mandates before conducting a comprehensive review of all protocol fee streams in Q4 2027.

    That review will evaluate the effectiveness of buybacks, growth incentives, and other capital deployment strategies, after which $JTO holders will determine the network’s next long-term revenue allocation framework through governance voting.

    According to the proposal, this framework is intended to ensure that the value generated by the network accrues to the token rather than external corporate entities.

    $JTO surged as much as 8% shortly after the team unveiled JIP-38, per CoinGecko.

  • Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity

    Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity

    “I’d encourage the Commission not to dismiss third-party stock tokens, but to treat them as what they are — a different class of financial instrument, with clear separation from real stocks.”

    Not everyone agrees

    Some market participants, however, say the STA’s proposal risks grouping together fundamentally different tokenization models.

    “The key is whether the tokens represent true stock ownership or just economic exposure,” Dinari CEO Gabe Otte told CoinDesk.

    He said many of the STA’s concerns are valid but apply primarily to synthetic tokenized products. He pointed to the SEC’s January statement, which distinguishes custodial tokenized securities from synthetic structures, arguing that regulated custodial models should be evaluated separately.

    “Both issuer-sponsored and custodial models offer true stock ownership and these should be distinguished from synthetic models for the benefit of the end investor,” Otte said.

    Alan Konevsky, CEO of digital securities platform tZERO, agreed that issuer-sponsored tokenization offers important advantages by preserving the direct relationship between companies and investors. But he argued the market is likely to support multiple compliant approaches.

    “Innovation is accelerating, and we expect multiple compliant, non-misleading, economically and technologically meaningful models to emerge as the market matures,” Konevsky said.

    Eli Cohen, chief legal officer at tokenization platform Centrifuge that focuses on bringing funds onchain, said the letter reflects transfer agents’ concerns that issuer-sponsored tokenization could lose ground if third-party models become more widely adopted.

  • Top 10 Crypto Presales to Watch in 2026: Why MemeToro $MT Leads the Crypto Presale List in July

    Top 10 Crypto Presales to Watch in 2026: Why MemeToro $MT Leads the Crypto Presale List in July

    Crypto presales have become far more competitive in 2026. Investors are no longer buying projects based only on marketing campaigns. Product development, security audits, token utility, staking, and ecosystem growth now play a much bigger role when evaluating new opportunities.

    July has produced several standout projects across AI, gaming, infrastructure, and memecoins. Here are ten crypto presales attracting attention and why each has entered discussions around the best crypto presale opportunities of the year.

    MemeToro ($MT)

    MemeToro combines AI automation with a growing Web3 ecosystem on $BNB Chain.

    Instead of functioning as a standalone meme token, the platform centers on AI-assisted no-code token creation, allowing users to generate and launch new memecoins based on emerging online narratives.

    Alongside the launchpad, the roadmap includes prediction markets, SocialFi features, staking, and behavioral finance tools.

    The project is currently in Stage 4, having raised $66,670.37, with 82.52% of the current funding round completed. The token is priced at $0.00171, increasing to $0.00190 in the next stage.

    Little Pepe (LILPEPE)

    Little Pepe has become one of the largest fundraising stories of 2026.

    Built as an Ethereum Layer-2 project, it has already raised more than $28.19 million while approaching the final stages of its presale. One of its biggest selling points is a structured vesting model featuring an audited three-month cliff followed by gradual monthly unlocks.

    That approach is designed to reduce immediate selling pressure after exchange listings.

    Maxi Doge ($MAXI)

    Maxi Doge has attracted attention through staking rather than AI.

    Its ecosystem offers a 76% APY staking program, with almost 10 billion tokens already locked by participants. The project also uses permanent 0% buy and sell taxes, making it attractive to active decentralized exchange traders looking for lower transaction costs.

    The combination of staking incentives and tax-free trading has helped the presale approach the $4 million fundraising milestone.

    AlphaPepe (ALPE)

    AlphaPepe is positioning itself around AI-powered trading infrastructure.

    The project has raised more than $1.94 million while preparing to launch AlphaSwap, its AI-assisted decentralized exchange. Early exchange partnerships and growing retail participation have helped build momentum ahead of the platform rollout.

    Its focus differs from traditional meme projects by combining AI with decentralized trading tools.

    Ionix AI Chain (IONIX)

    Ionix AI Chain targets blockchain infrastructure.

    Instead of building consumer applications, the project is developing a dedicated Layer-1 designed for decentralized AI processing. Its focus on AI infrastructure has attracted venture capital interest, making it one of the more technically focused presales currently available.

    Other Presales Worth Watching

    Several additional projects continue attracting attention across different sectors:

    • WienerAI combines meme branding with an AI-powered trading assistant.
    • PlayDoge introduces Play-to-Earn gaming inspired by classic virtual pets.
    • Base Dawgz focuses on multi-chain interoperability across Base, Ethereum, Solana, and Avalanche.
    • Shiba Shootout blends mobile gaming with community governance rewards.
    • Mega Dice expands GambleFi through Telegram-native casino applications.

    Each project targets a different audience, giving investors a wide range of options beyond traditional meme coins.

    Functional Overview of the MemeToro Token Launchpad

    The MemeToro platform provides a functional workspace for configuring, launching, and managing decentralized tokens within a unified interface. By operating on the $BNB Smart Chain, the application minimizes operational friction while maintaining a high degree of smart contract transparency.

    • Hands-Free Liquidity Provisions: Launch tokens with automatic decentralized exchange listings that require no manual team setup.
    • Monetize Project Volume: Route up to 1.2% of recurring transactional activity straight back to your wallet.
    • Equitable Public Access: Ensure balanced asset distribution from day one with built-in anti-whale launch limits.
    • Clear Portfolio Visualization: Monitor project health easily using advanced data tools that track live volume trends.

    Securing an allocation in the current $MT utility token presale is managed through a centralized web portal. Prospective buyers authenticate their identity using verified cryptographic wallets, finalize payment processing, and receive their corresponding asset balances directly.

    July Shows How Diverse Crypto Presales Have Become

    This year’s presale market includes AI platforms, gaming ecosystems, infrastructure projects, trading protocols, and meme-focused communities. That variety reflects how much the sector has matured beyond simple token launches.

    Projects like Little Pepe, Maxi Doge, AlphaPepe, and Ionix AI Chain each address different market segments. MemeToro stands out by bringing together AI-powered token creation, prediction markets, staking, and SocialFi within one ecosystem.

    As investors continue researching the best crypto presale, July has become one of the busiest months of the year for new blockchain projects.

    More Information on MemeToro ($MT) Presale Here:

    Website: https://memetoro.com/

    X: https://x.com/memetoro_mt

    Telegram: https://t.me/memetoro_mt

  • MemeToro vs Pump.fun: Which Fair-Launch Memecoin Platform Actually Protects Traders? $MT Deep Dive

    MemeToro vs Pump.fun: Which Fair-Launch Memecoin Platform Actually Protects Traders? $MT Deep Dive

    Launching a memecoin has never been easier. Platforms now allow almost anyone to create a token within minutes, helping thousands of new projects appear every week. But easier launches have also created new problems, including bot activity, recycled developer wallets, and pump-and-dump schemes.

    That is why many traders have started looking beyond simple launch tools. MemeToro ($MT) and Pump.fun both target the memecoin market, but they approach fair launches very differently.

    Pump.fun Made Launches Easy, But Risks Still Remain

    Pump.fun changed the memecoin landscape by making token creation accessible to everyone. More recently, it strengthened its infrastructure by integrating the Vyper trading terminal directly into its ecosystem, creating a more complete trading experience for users.

    The platform has also matured considerably since its early days.

    Many experienced traders who survived the initial speculative period have adapted their strategies, leading to stronger profitability among active on-chain participants. Even so, analysts continue pointing out that creating a token quickly does not automatically create a fair launch.

    Automated liquidity locks reduce some risks, but they cannot stop coordinated bot activity or prevent recycled developer wallets from participating in launches.

    As one market analyst recently noted:

    “Platforms like Pump.fun haven’t eliminated risk; they have just democratized token generation. The infrastructure is superior on Solana, but traders must remember that viral narratives are noise until confirmed by sustainable on-chain depth.”

    For many investors, that means looking beyond launch speed and focusing more on how projects attempt to improve launch quality.

    How MemeToro Approaches Fair Launches

    MemeToro ($MT) takes a broader AI-first approach rather than acting as only a token creation website.

    The platform is also being developed alongside the growing $BNB Chain AI ecosystem, where new infrastructure focuses on reducing front-running while supporting autonomous blockchain applications.

    Instead of asking users to manually monitor market trends, MemeToro ($MT) organizes public information into practical insights before launch decisions are made.

    Technical Overview of MemeToro AI Agent: How it Works

    The MemeToro ($MT) AI Agent is an automated asset-creation tool that manages the end-to-end development of trend-based cryptocurrency tokens.

    Core System Functions:

    • Real-Time Data Analysis: Scans continuous feeds of global news and digital communities to identify rising cultural topics.
    • Automated Creative Output: Generates all essential visual and structural assets, including logos, marketing banners, and the core token concept.
    • Pre-Launch Verification: Displays a comprehensive preview of the generated materials and token mechanics for user evaluation prior to the official launch.
    • Fair-Launch Deployment: Deploys the completed token instantly to the public market without pre-allocations or team advantages.

    The infrastructure is powered by the $MT token, which is currently available during the active presale phases.

    Currently in Stage 4, the project has already raised $66,670.37, reaching 82.52% of its $80,785.59 funding target.

    The current token price is $0.00171, while the next stage increases automatically to $0.00190.

    Fair Launches Depend on More Than Speed

    Creating a token in minutes is no longer enough to stand out.

    As AI becomes more involved in blockchain applications, traders are beginning to evaluate how launch platforms handle transparency, automation, and long-term ecosystem participation. MemeToro ($MT) combines launch tools with AI-powered trend analysis, staking, and prediction markets, giving users additional ways to interact after a token goes live rather than focusing only on deployment.

    That broader ecosystem reflects how many newer blockchain projects are trying to build beyond the launch itself.

    Different Platforms for Different Goals

    Pump.fun remains one of the most recognizable names in memecoin creation and continues attracting significant activity across Solana.

    MemeToro ($MT) is targeting a different direction by combining AI-assisted launches with a wider ecosystem built around $BNB Chain. Whether one approach ultimately proves stronger will depend on adoption, continued product development, and user participation.

    As the memecoin market evolves, investors increasingly appear to value platforms that offer more than simply creating another token.

    More Information on MemeToro ($MT) Presale Here:

    Website: https://memetoro.com/

    X: https://x.com/memetoro_mt

    Telegram: https://t.me/memetoro_mt

  • Michael Saylor Changes Strategy: Strategy Didn’t Buy Bitcoin This Week! Here’s Where He Invested!

    Michael Saylor Changes Strategy: Strategy Didn’t Buy Bitcoin This Week! Here’s Where He Invested!

    Strategy, the largest institutional Bitcoin investor, has paused its Bitcoin strategy. While the giant company sold a significant amount of $BTC last week, it hasn’t made any sales this week, but it hasn’t made any new $BTC purchases either.

    According to Strategy founder Michael Saylor, Strategy sold $466.7 million worth of MSTR shares but did not purchase any Bitcoin.

    According to a July 13 SEC filing, Strategy sold 4.82 million shares of MSTR between July 6 and July 12 for net proceeds of $466.7 million.

    The company did not make any Bitcoin purchases during the week and kept its holdings stable at 843,775 $BTC as of 12/07/2026.

    At this point, Strategy increased its USD reserves by $450 million, raising its total reserves to $3.0 billion.

    “Strategy has increased its USD reserves by $450 million. As of 7/12/2026, we hold 843,775 $BTC in our $BTC reserves and have $3.0 billion in our USD reserves.”

    Especially in the face of recent Bitcoin declines and risks, Strategy and Saylor, which have been focusing on cash reserves to calm the markets, announced their Digital Credit Capital Plan in June. This plan stipulated that the company would hold reserves sufficient to cover at least 12 months of dividend payments.

    As you may recall, the company also announced that it sold 3588 $BTC to increase its USD reserves.

    *This is not investment advice.

  • Progmat moves ¥452B in tokenized securities to Avalanche

    Progmat moves ¥452B in tokenized securities to Avalanche

    Progmat has completed the migration of its security-token platform from Corda 5 to a dedicated Avalanche Layer 1.

    The company said every active project on the platform moved to the new network. Those projects represent more than ¥452 billion in underlying assets and issued securities. The migration makes the platform’s security tokens compatible with the Ethereum Virtual Machine, or EVM. Progmat describes itself as Japan’s leading security-token platform by domestic market share.

    The company carried out the work under Project Keystone. Progmat redesigned the system so its business functions no longer depend on one blockchain. It added a mediator layer between applications and the ledger. The structure allows the platform to connect with other chains later while keeping its existing issuance, ownership and transfer processes. A dedicated Avalanche L1 can also use rules tailored to regulated financial products.

    Progmat, Japan’s largest STO platform, is now live on @avax

    “All ST projects (over 452 billion yen) are now EVM-compatible, achieving both financial institution-level requirements and the utilization of public chains.

    Rights transfers are accelerated 3-5 times faster than… https://t.co/xeMVc8EM8e

    — Justin Kim (@justinkim415) July 13, 2026

    Rights transfers become faster

    Progmat said the new setup processes rights transfers three to five times faster than the earlier system. Avalanche transactions reach finality in less than two seconds, according to the company.

    “Rights transfers are accelerated three to five times faster,” Progmat said.

    The speed figure comes from Progmat’s internal testing and has not been independently verified. Finality records a completed network transaction, but it does not cover every banking or administrative step around a trade.

    The company also moved its smart contracts from Java-based Corda code to Solidity-based EVM contracts. Progmat said it kept current functions and service requirements during the switch. It also said the migration caused minimal disruption for issuers. Existing users did not need to rebuild their products. EVM support gives developers access to Ethereum-based tools, but it does not make regulated securities freely available to public wallets.

    AvaCloud supports institutional controls

    AvaCloud supplies the dedicated Avalanche network and operating services. Progmat said the setup meets SOC 1 and SOC 2 Type II assurance standards. Progmat and Ava Labs also created a response system for outages during nights and holidays.

    The firms aim to meet the control and availability standards used by regulated financial companies. The network remains application-specific rather than operating as an unrestricted retail trading venue.

    AvaCloud chief executive Nick Mussallem called the transfer of more than ¥452 billion in regulated securities a test for institutional infrastructure. However, that assessment came from a company involved in the migration.

    Progmat has not released public transaction data showing how the new network performs during peak demand or across a large investor base. The company also has not announced new trading volumes tied directly to the change.

    Progmat prepares for cross-chain settlement

    The migration gives Progmat a base for planned links between security tokens, stablecoins and tokenized bank deposits. Datachain said in February that the partners plan cross-chain services for delivery-versus-payment and payment-versus-payment transactions.

    These systems would exchange assets and payments across different networks in one coordinated process. Progmat said its revised design can support more than one chain when asset features or investor needs differ.

    Elsrwhere, BlackRock’s BUIDL fund reached about $900 million on the network, while Avalanche’s distributed real-world assets stood near $2.10 billion.

    As crypto.news reported, Progmat will support a Metaplanet and JPYC study into Bitcoin-backed digital credit. That project remains under review, with no issued product or fixed terms. Securitize also placed its listed shares on Avalanche and Solana in July.

  • Japanese Financial Giant SBI Holdings Accelerates Cryptocurrency Investments! Here Are the Companies They Invested In

    Japanese Financial Giant SBI Holdings Accelerates Cryptocurrency Investments! Here Are the Companies They Invested In

    SBI Holdings, one of Japan’s leading financial groups, has drawn attention in recent months with its multi-billion dollar investments in cryptocurrencies. In just the last few weeks, the company was the sole investor in Gauntlet’s $125 million Series C funding round and also participated in EDX Markets’ $76 million Series C funding.

    In addition to agreeing to acquire Japanese cryptocurrency exchange Bitbank for approximately $289 million, SBI also acquired a controlling stake in Singapore-based Coinhako earlier this year.

    SBI also invested in Digital Asset’s $355 million funding round, Morpho’s $175 million token funding, and Circle’s $222 million token presale for its Arc blockchain. Last month, it launched JPYSC, Japan’s first yen stablecoin backed by a trust bank.

    According to company officials, the common goal of these investments is to build an end-to-end “onchain finance” ecosystem. SBI aims to offer all financial services on the blockchain, from exchanges and asset tokenization to payment infrastructure and digital asset management. The company predicts that the token economy will soon become mainstream and that a large portion of financial transactions will take place on the blockchain in the future.

    Experts believe that SBI is not only investing in crypto assets, but also acquiring the financial infrastructure of the future. Joseph Goh, Areta’s Asia Pacific President, states that SBI aims to be the first Asian financial group to integrate issuance, custody, trading, payments, and asset management under one roof.

    One of the key reasons behind SBI’s aggressive strategy is Japan’s comprehensive reforms in cryptocurrency regulation. The new bill aims to classify crypto assets as financial instruments, pave the way for exchange-traded funds (ETFs), and reduce capital gains tax from 55% to 20%. Analysts believe that a clearer regulatory framework could encourage not only SBI but also other major financial institutions in Asia to accelerate their investments in digital assets.

    *This is not investment advice.