08/04/2025
Weekly Recap โ Major News From Last Week
๐ช Global crypto exchange-traded products (ETPs) saw $223 million in outflows, following a 15-week streak of inflows, as investor confidence dipped following the Federal Open Market Committee Meeting
๐ช and team up to enable Chase cardholders to buy crypto directly on Coinbase with their cards starting this fall and convert rewards points to USDC from 2026
๐ช Ethereum turns 10 as institutional investors and corporate firms boost their Ether positions, reflecting growing institutional adoption
๐ช Payment giant Visa expands stablecoin offerings on its settlement platform by supporting three new tokens: Global Dollar, PayPal USD, and Euro Coin, and two new blockchain networks, Stellar and Avalanche
๐ช Tether posts $4.9 billion in profit for Q2 2025, a 277% increase compared with the same period a year ago, as stablecoins continue to gain traction
๐ช Deloitte research shows 99% of CFOs at billion-dollar firms will use crypto long-term, with almost one in four set to adopt it within the next two years
๐ช Crypto treasury companies have accumulated about $100 billion worth of digital assets, a new Galaxy report shows
๐ช NFT sales hit $574 million in July, marking the second-best month of 2025, according to CryptoSlam
๐ช Crypto class-action lawsuits this year are already close to matching all of 2024's total, according to Cornerstone Research
๐ช Indonesian government increases levies for crypto trading and mining while removing VAT for buyers
๐ช becomes first traditional bank in the UAE to enable crypto trading for retail users
๐ช is introducing a crypto payment tool that allows US businesses to receive payments in more than 100 cryptocurrencies