The estimable Chair Atkins, and the equally discerning Commissioner Peirce, have both deigned to issue statements – imagine! – on August 5th, 2025, concerning the agencyās revised opinions regarding liquid staking. It appears that letting people stake their digital baubles without immediately classifying it as a nefarious securities offering is now *official policy*. One is almost breathless with anticipation.
On a day that no one should miss, IREN announced it had mined 728 Bitcoin-yes, you heard it right-728!-while MARA sighed in envy with its mere 703 BTC. And how did this tiny titan manage it? With a measly does of 50 exahashes per second (EH/s), compared to MARAās grand 58.9 EH/s. The secret? Well, apparently, IRENās equipment was busier than a caffeinated squirrel, running at an average of 45.4 EH/s throughout July. Who knew you could outperform giants with less effort? Amazing! šæļøā”
Imagine this: Alderoty, that brave knight of the blockchain realm, sends a formal letter-or perhaps a scroll-ripping apart the draft legislation penned by policymakers who seem to think āregulatory certaintyā is a mythical creature like a unicorn sipping from a crypto fountain. His message? The billās attempt to split jurisdiction between SEC and CFTC is about as clear as mud on a rainy day.
In what can only be described as a plot twist worthy of a drawing-room drama, the U.S. Securities and Exchange Commission has declared that certain liquid staking activities and their associated tokens are *not* subject to federal securities laws-if they meet a list of criteria longer than my last shopping spree. This guidance, issued by the SECās Division of Corporation Finance, is essentially their way of saying, āWeāre watching you, but weāre not going to strangle youā¦ yet.ā The goal? To separate administrative staking services from investment contracts. How civilized.
This bombshell announcement comes from the SECās Division of Corporation Finance-not exactly known for its party vibes-and signals a major shift in how regulators see crypto staking. Think of it as the SEC trading its stern librarian glasses for something slightly more… trendy? š¶ļø
As reported by U.Today (yes, thatās a thing), Geraciās been banging the drum for BlackRock to jump on this bandwagon, but so far, the financial titanās sitting this dance out. šŗš¤
This isnāt just a ālook how shiny our new tech isā stunt; itās part of the Trump Administrationās *real* attempt to turn work from a circus of red tape into a well-oiled machine. Because what better way to boost efficiency than giving government workers a digital sidekick? š©āØ
Hold onto your monocles, folks! Peek behind the velvet curtains of the City of London-yes, that fancy place with more history than your grandmotherās quilt. Two sly little firms are sneaking in, throwing curveballs like itās a cricket match, and rewriting thoughts about how money *moves* –Ā with code, not ink on parchment. Who needs laws when you’ve got blockchain, am I right? š
According to Coinglass data, the total BTC futures open interest (OI) is puking at 692,490 BTC, which cynical analysts translate into around $79 billion. CME, always the institutionās pet, leads with 139,350 BTC ($15.88 billion), grabbing just over a fifth of the entire market-a real showstopper! The rest are clinging on: Binance, Bybit, OKX, Gate-all playing their parts in this financial soap opera. š
As it stands, a staggering 36 billion XRP tokens remain locked away in Rippleās vault, like a treasure chest guarded by a particularly grumpy dragon. š
