Crypto Weekly Roundup: Ripple-SEC saga ends, Truth Social eyes ETFs, and more

最新报道:This week in the cryptocurrency space, Ripple and the U.S. Securities and Exchange Commission (SEC) officially ended their five-year legal battle, but key penalties and restrictions on XRP sales remain in place. Major companies, including Bakkt, GameStop, and Trump's Truth Social, made bold moves on Bitcoin and crypto ETFs, while on the regulatory front, Kraken received a MiCA license in Europe, Texas legalized Bitcoin reserves, and a U.S. senator proposed a ban on senior officials holding cryptocurrencies. Bitcoin Bakkt Holdings has filed a $1 billion shelf offering application with the SEC, indicating plans to acquire Bitcoin as part of its expanded treasury strategy. Business GameStop raised $2.7 billion in a convertible note offering and may allocate part of the proceeds to Bitcoin under its revised treasury policy, but future cryptocurrency purchases remain unconfirmed. Crypto hardware wallet company Ledger has landed its first professional sports team jersey sponsorship through a new multi-year partnership agreement with the NBA's San Antonio Spurs. Trump Media & Technology Group has applied to launch a Bitcoin and Ethereum ETF on the NYSE, raising new concerns about potential conflicts as the former president promotes cryptocurrencies while seeking reelection. Metaplanet has allocated an additional $5 billion to its U.S. subsidiary, accelerating its ambitious plans to acquire 210,000 BTC by 2027 and expand its global Bitcoin treasury business. Web3Moonveil, a chain focused on Layer 2 gaming, has confirmed the launch of its native token $MORE on Binance Alpha, followed by listings on a range of leading centralized exchanges including Gate, MEXC, Bitget, KuCoin, BingX, and LBank. Edwin has officially launched its AI-driven terminal, which aims to simplify DeFi access by providing a conversational, non-custodial assistant, edwin, that helps users navigate on-chain services through intuitive chat-based interactions. InfoFi is a decentralized finance fork that uses AI and blockchain to tokenize valuable data, such as market trends and social sentiment, turning it into tradable assets in the attention economy. Multichain cryptocurrency exchange protocol Jumper Exchange has enhanced its already extensive interoperability by adding support for Tezos Layer-2 network Etherlink. This will enable crypto traders and DeFi users to bridge assets between Etherlink and over 50 blockchains and Layer-2s, including Ethereum, Base, and Arbitrum. Impossible Cloud Network (ICN) and Moonveil have partnered to revolutionize the Web 3 gaming ecosystem, enabling fully decentralized and trustless gaming on Moonveil by leveraging Impossible Cloud Network’s (ICN) decentralized multi-service cloud platform. Modular blockchain Cartesi’s latest Honeypot application, Honeypot v2, features a permissionless referee tournament (PRT) designed to ensure rollups are resistant to Sybil attacks without the network relying on permissioned validators or heavy hardware. RegulationRipple and the U.S. Securities and Exchange Commission (SEC) have agreed to drop all appeals and end their five-year legal battle. However, Ripple and the SEC’s joint efforts failed when a U.S. judge refused to cut penalties in the XRP case and lift the injunction, which leaves key restrictions on Ripple’s institutional token sales in place. Kraken has received a Markets in Crypto-Assets (MiCA) license from the Central Bank of Ireland, enabling it to offer regulated crypto services in 30 European countries, strengthening its position in a rapidly evolving regulatory landscape. U.S. Senator Adam Schiff has introduced new legislation that seeks to prohibit the president, vice president, and their families from profiting from cryptocurrency ventures while in office. Texas officially established a legal framework for holding Bitcoin as part of its financial reserves after Governor Greg Abbott signed Senate Bill 21 on June 21, 2025. Disclaimer: This article is for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial, or other advice.

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