KLEA Crypto Daily: Thursday, July 24, 2025

Published: July 25, 2025 – 17:40 UTC

Here’s a look back at the key stories from July 24, 2025.

Citadel-Backed Exchange Launches Offshore Crypto Futures

EDXM International, the offshore arm of Citadel Securities-backed crypto exchange EDX Markets, has launched a new digital assets futures platform targeting institutional players outside the U.S. The platform offers 44 perpetual futures pairs and aims to compete with established players like Binance and CME Group.

BlackRock’s Ethereum ETF Rockets to $10B, Third-Fastest in History

BlackRock’s iShares Ethereum Trust has reached $10 billion, making it one of the fastest-growing funds in the ETF industry's history. This milestone reflects the increasing interest in Ethereum and digital assets among investors.

Ripple’s Chris Larsen Has Moved $140 Million in XRP to Exchanges During Record Surge

Ripple co-founder Chris Larsen transferred $140 million in XRP to exchanges as the cryptocurrency hit an all-time high, although it has since pulled back.

Strategy Boosts Bitcoin Fundraise to $2B via Preferred Stock: Report

Strategy Inc. significantly increased its preferred stock sale to $2 billion for buying bitcoin, up from the initial $500 million target, amid strong investor demand.

PEPE Price Surge: Ethereum Rally Drives 28% Monthly Gains

PEPE experiences a 10% daily rally supported by whale accumulation and Ethereum's surge, aiming for $0.000024 amid a double golden cross signal.

GameSquare Spends $5.1 Million on CryptoPunk for NFT Treasury

GameSquare acquires a valuable CryptoPunk from Robert Leshner in exchange for preferred stock, expanding its ETH treasury in the process.

Ethereum Stakers Face 9-Day Wait as stETH Loops Fall into the Red

An Aave interest rate shock led to over 475,000 validators exiting, causing stETH to depeg.

Bitcoin Stuck in Neutral While Altcoins Struggle for Momentum

Bitcoin has remained under $120K since its peak on July 14, with altcoins failing to surpass it, signaling fading hopes for an altcoin season.

TRON (TRX) Holds Above $0.31 as Nasdaq Bell Ceremony Boosts Institutional Confidence

TRX trades at $0.31 with strong institutional backing and bullish momentum following Tron Inc.’s Nasdaq Opening Bell ceremony, indicating increased confidence from institutional investors.

VeChain Partners with Franklin Templeton, BitGo, and Keyrock to Boost Web3 Adoption

VeChain collaborates with industry leaders to integrate blockchain technology into real-world applications, aiming to enhance Web3 adoption and drive innovation in the blockchain space.

BitMine Immersion’s ETH Stash Doubles to Over $2 Billion

BitMine Immersion has seen its ETH holdings surge to more than $2 billion in the corporate Ethereum treasury competition.

BingX Warns Users About Fake Token Listing on CoinMarketCap

BingX alerts users about a fake token listed on CoinMarketCap, emphasizing the risks of investing in unverified assets and the importance of conducting thorough research in the evolving crypto market.

Public Company Acquires Cryptopunk #5577 in $5.15M Strategic Investment

A public company has made a strategic investment by acquiring Cryptopunk #5577 for $5.15 million, showcasing growing interest and value in the digital art and NFT space.

Nature’s Miracle Adds $20M in XRP to Corporate Treasury Amid Growing Adoption

Nature’s Miracle Holding Inc. has introduced a $20 million corporate treasury program using XRP, becoming one of the first publicly traded companies to utilize XRP as a primary treasury asset, signaling a shift towards mainstream adoption of digital assets in corporate finances.

Ethereum ETFs Eclipse Bitcoin Funds with $1B Inflow Streak on Anniversary Week

Ethereum exchange-traded funds in the US have outperformed Bitcoin ETFs, attracting over $1 billion in net inflows in just three days, coinciding with their first anniversary. The surge in institutional interest in ETH has propelled spot Ethereum ETFs to pull in more than $4.4 billion over the past 13 days, with BlackRock's ETHA leading the inflows.

Tokenization Of Gold: How Blue Gold And TripleBolt Are Taking It To The Next Level

Blue Gold Limited's partnership with TripleBolt Technology LLC to launch the Blue Gold Token (BGT), backed by gold futures, marks a significant advancement in blockchain-based digital assets. The token represents forward contracts for up to 1 million grams of physical gold per vintage, offering investors a secure and transparent asset-backed instrument blending gold value with blockchain efficiency.

FTX to Begin $1.9B Payouts in September

FTX is set to distribute $1.9 billion, excluding repayments to disputed jurisdictions, as creditors await the outcome of a rewritten motion.

Bitcoin Holds Ground as Ethereum, XRP, Dogecoin Wobble

Bitcoin remains steady while altcoins like Ethereum, XRP, and Dogecoin experience a downturn in the cryptocurrency markets, with Bitcoin and Ethereum showing contrasting transaction trends.

Source: KLEA News