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Are Samourai wallet founders going to jail? Execs set to plead guilty in DOJ case

The years-long federal case against the founders of privacy-focused Samourai Wallet is taking a major turn.
Summary
Samourai Wallet founders to plead guilty in money laundering case.
The outcome of the case may influence the ongoing Tornado Cash trial.
The co-founders face up to 25 years in pri
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Are Bitcoin whales leaving while Ethereum gains?

As Bitcoin whale holders decrease, Ethereum whale wallets increase by 8%, indicating a potential altcoin rotation. However, data suggests Ethereum's gains are from new capital, not reallocating from Bitcoin. Ethereum's value is rising faster, supported by significant inflows.
ai-iconThe abstract is generated by AI
BTC-0.28%
ETH-1.91%
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Arizona man at center of $13m crypto ponzi pleads guilty nearly two years after indictment

After initially contesting the charges, an Arizona man has now pleaded guilty to defrauding victims out of $13 million through a crypto scheme involving fake AI trading bots and a fictitious government agency.
Summary
Vincent Mazzotta has pleaded guilty nearly two years after being indicted in a
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Tom Lee's Ethereum treasury announces stock buyback worth $1b

Bitmine Immersion, an Ethereum-focused treasury firm, plans to repurchase $1 billion of its shares. Despite this initiative aimed at sustainability, the stock fell by 8.86% shortly after the announcement.
ai-iconThe abstract is generated by AI
ETH-1.91%
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Ethereum treasury sprint: ETH Strategy raises more than 12k ETH - what happens next?

ETH Strategy completes a pre-launch raise as it gears up to debut its on-chain protocol. So far, the project has raised a total of 12,342 Ethereum to date. How will it affect ETH in the long-run?
Summary
ETH Strategy is set to debut on-chain after raising $46.5 million in ETH.
Institutional
ETH-1.91%
MORE-10.29%
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LINEA tokenomics: ETH Gas, 85% ecosystem, 15% treasury

Linea, the Ethereum layer 2 network developed by ConsenSys, has officially released its LINEA tokenomics framework, revealing a unique Ethereum-aligned model.
Summary
Linea released tokenomics showing ETH as gas and no governance role for LINEA.
85% of LINEA’s 72B supply goes to ecosystem
ETH-1.91%
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Hong Kong freezes stablecoin licensing through 2025 as rules take effect

Hong Kong’s decision to hold off on stablecoin licensing until 2025, as the regulatory regime prepares for Gazette publication on August 1, signals caution over rapid adoption. But is this a strategic pause or a bottleneck for crypto’s next frontier?
Summary
Hong Kong will not issue stablecoin li
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S&P 500 rises ahead of Fed meeting, jobs data

Stocks opened positively on Tuesday, with the S&P 500 and Nasdaq up 0.3% and 0.5%, driven by strong earnings and investor optimism ahead of the Federal Reserve meeting and upcoming economic data.
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Pepe price approaches critical support as short-term weakness unfolds

Pepe is experiencing short-term weakness after being rejected from the value area high. Key dynamic support and the 0.618 Fibonacci level may trigger a bullish reversal, but failure to hold could lead to deeper losses.
ai-iconThe abstract is generated by AI
PEPE-4.06%
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Trump-backed World Liberty Financial pumps ETH stack to $296 million

WLFI, a DeFi firm linked to Trump, recently bought 256 ETH for $1 million, raising its total to about 77,226 ETH worth nearly $300 million. Critics argue there are potential conflicts of interest as Trump's firms increase crypto investments amid shifting regulations.
ai-iconThe abstract is generated by AI
TRUMP-2.8%
ETH-1.91%
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EIGEN stuck in squeeze with $1.6M unlock set to test support

EIGEN, the native token of EigenCloud (formerly EigenLayer), is showing signs of compression on the charts just as a $1.6 million token unlock approaches
Summary
EIGEN trades near $1.34, down 8% daily but up 24% monthly.
A $1.6M token unlock on July 29 may impact short-term price
EIGEN-5.29%
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Ethereum dips after local peak but exchange outflows bullish

Ethereum is trading at $3,786, down about 3.7% from its local high of $3,933 recorded on July 28
Summary
ETH is still up 56% in the last 30 days despite a 3% pullback from $3,933 local top.
Exchange reserves fell by over 1M ETH in the past month, signaling reduced sell pressure.
ETH ETF
ETH-1.91%
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Cathie Wood’s ARK Invest taps SOL Strategies for Solana staking

ARK Invest has transitioned its Solana validator operations to SOL Strategies, reflecting a trend toward specialized staking providers. This shift enhances compliance and reduces operational risks, despite ongoing challenges like network outages and slashing penalties in the staking ecosystem.
ai-iconThe abstract is generated by AI
SOL-2.47%
ARK-4.31%
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Japan’s Metaplanet hits $2B in Bitcoin holdings after latest transfer

Metaplanet’s Bitcoin holdings have surpassed $2 billion after acquiring 780 BTC, despite facing stock struggles and a 25% drop in the last month. The company's aggressive accumulation strategy mirrors that of other major BTC holders but increases volatility risks.
ai-iconThe abstract is generated by AI
BTC-0.28%
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