Pharmaceutical company MEI Pharma has purchased 929,548 Litecoin (LTC) worth $100 million, becoming the first publicly traded U.S. company to adopt Litecoin as its primary treasury reserve asset.
After dipping to the lower end of the $112,000 range on Monday, bitcoin's price has recovered above the $115,000 mark. A comparable decline was observed in the stock markets, but they too have since rebounded.
Bitcoin remained mostly unchanged on Monday, stabilizing after a sharp drop last week when concerns over slowing U.S. economic growth and impending trade tariffs curbed appetite for risk assets.
The head of HashKey stated that currently there is a frenzy around stablecoins in Hong Kong, but Chinese regulators remain highly cautious. The executive sees a major gap between the market enthusiasm for crypto assets and the regulatory reality. According to Xiao Feng, the main role of stablecoins is to serve as an intermediate medium for trading volatile crypto assets.
Next week, five new crypto projects will hold their initial listings. According to CryptoDiffer, all events are scheduled for August 4–5, and most will be accompanied by free airdrops for users.
Bitcoin fell on Friday, ending the week lower, as crypto markets faced profit-taking amid rising concerns over U.S. trade tariffs and interest rates.
On July 31, the price of PUMP rose by 27% in one day — from $0.0025 to a peak of $0.003267 — before stabilizing at $0.002929.
Following the 10th anniversary of Ethereum’s mainnet launch, the Ethereum Foundation — the organization behind the blockchain — has presented a long-term development plan for the next decade.
Tomorrow, August 1, Ripple is expected to unlock 1 billion XRP tokens from its escrow account as part of its standard monthly release procedure.
TRON continues to demonstrate stable performance. According to on-chain data from July 2025, the network averaged 99 transactions per second (TPS). This makes it one of the busiest and most resilient chains, suitable for everyday operations and decentralized applications.
Today, on July 30, 2025, the U.S. Federal Reserve is scheduled to publish its decision regarding the key interest rate. Most market participants believe that weak economic data and inflation concerns will prevent Fed Chair Jerome Powell from lowering the rate this time. Meanwhile, 64% of investors still expect a rate cut in September.
U.S. Senator Cynthia Lummis has introduced a new proposal. Her bill seeks to officially allow the use of digital assets in mortgage applications.
Renowned crypto trader Traderpow acquired a large batch of Pudgy Penguins (PENGU) tokens eight months ago, investing over $2.47 million at an average price of around $0.026. Despite a sharp decline of nearly 80%, he did not panic-sell his digital assets. Eventually, the token’s value rose more than 60% above his entry point, prompting the trader to begin selling off his holdings.
Michael Saylor and his company, Strategy, purchased 21,021 bitcoins for $2.5 billion following the largest initial public offering (IPO) in the U.S. in 2025. The average purchase price was $117,256 per coin.
Google (NASDAQ: GOOGL) search data shows that interest in stablecoins has reached an all-time high this month, driven by regulatory developments, a sharp increase in issuance and supply, and the growing desire of organizations to launch their own fiat-pegged digital assets.
Tron continues to strengthen its position in the stablecoin sector: in 2025 alone, $23 billion worth of USDT has already been issued on the network, including the recent $1 billion issuance.
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