Altcoin ETF Greenlight From SEC? And UK Slams Door on Coinbase Ad
Regulators make moves, memecoins lose ground, and institutions double down and feast on Ethereum—Trader Cobb also brings the charts.
Bon dia. Happy Monday. So let’s get rolling. The market is looking a little better this Monday - but we’re still feeling a little sour off the jobs report in the USA last week. Man, do those numbers even matter? That situation is really getting bad. Who knows what going to happen…. On the one hand you have doom and gloom and on the other you have folks like Tom Lee who says all-time highs for Nasdaq in August. So we’ll see.
We’ve got Mr. Craig Cobb at the end of the show, where you’ll get some insight into how the trends are strong in the right direction. Go times for a chance to make a step up. Anyways, on to today’s headlines:
HEADLINES
SEC Eases ETF Rules: New fast-track changes make it easier to list crypto ETFs, signaling growing institutional acceptance despite no immediate impact for retail investors.
UK Bans Coinbase Ad: A satirical Coinbase TV spot was pulled by UK regulators for being too political. CEO Brian Armstrong and ex-Chancellor Osborne pushed back, warning the UK risks falling behind in crypto innovation.
Memecoin Momentum Shifts: July saw memecoin revenues dive—Pump.fun dropped 80% since January. Yet activity remains high, with platforms like LetsBonk still drawing users. Slopana-style tokens are rising in the chaos.
Treasury Boom: Institutions are stacking ETH. Tom Lee’s Bitmine now holds over 833k ETH ($3B), the world’s largest ETH treasury. Even smaller firms like GameSquare are adding millions to their crypto holdings.
Stablecoin Strides: Europe launches its first MiCA-compliant euro stablecoin, backed by Deutsche Bank and Galaxy Digital. Meanwhile, Binance adds Circle’s yield-bearing USYC as collateral for institutions—another bridge between TradFi and crypto.
Now Trader Cobb with your Monday Market Chart Analysis:
LITTLE BITZ
mtnDAO has kicked off in Salt Lake City. Big month-long Solana builder event. Watch for anything getting shipped outta there. It’s the very first mtnDAO with mtnCapital.
Arielle Pennington, Solana Foundation, Head of Comms is stepping away.
L1 Testnet of Note:
Monad consensus unit is now completely open-source. Another step towards mainnet.
Camp Network hitting its stride. Major campaigns with Japanese content , Minto, and Feldman comics.
Crypto Exchange Bullish, owner of Coindesk Seeks to Raise Up to $629M in New York Share Sale
Friends of the Show
C3
The C3 team has more than 20 years of experience in journalism, including leading the editorial and content side of a major Web3 news publication. They are also experienced AI and Web3 PR professionals, regularly placing content in leading web3 and AI publications. C3's members previously co-founded the PR department at SCRIB3, and have experience with clients such as EigenLayer, VanEck, Monad, SKALE Network, LEVR Bet, Symmio, Camp Network, Evmos, Avail, Moonbeam, and others.
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