KLEA Crypto Daily: Monday, July 28, 2025

Published: July 29, 2025 – 00:19 UTC

Here’s a look back at the key stories from July 28, 2025.

BlackRock’s ETHA Becomes 4th-Largest ETF by 30-Day Inflows as Ethereum Funds Aim for $10B

BlackRock’s ETHA has surged to become the fourth-largest ETF by inflows in the last 30 days, as Ethereum funds are on track to reach $10 billion in inflows. Spot Ethereum ETFs have seen a significant increase in inflows, with ETHA leading the pack with $9.34 billion in total flows.

PayPal Adds Crypto Checkout for U.S. Merchants, Eyes Cross-Border Payments

PayPal has introduced a new feature allowing U.S. merchants to accept payments in over 100 cryptocurrencies, including Bitcoin, Ether, and Solana. This move aims to simplify cross-border transactions and expand the use of cryptocurrencies in everyday commerce, with transactions converted into either PYUSD or fiat currency at checkout.

SEC Delays Decision on Truth Social’s Bitcoin ETF Until September

The U.S. Securities and Exchange Commission postpones its decision on Truth Social's Bitcoin exchange-traded fund until September 18, allowing more time for evaluation of the proposed rule change and the included major tokens like Bitcoin, Ether, and others.

Binance Unveils RWUSD: Tokenizing Billions in U.S. Treasuries and Real-World Assets

Binance introduces RWUSD on its Binance Earn platform, allowing users to earn up to 4.2% APR by depositing stablecoins like Tether or Circle. This product is backed by real-world assets like tokenized U.S. Treasury notes, providing a stable investment option for crypto users.

Grab Rolls Out Crypto Payments for Millions of Riders in the Philippines

Grab enables Filipino customers to add money to their GrabPay wallets using cryptocurrencies like Bitcoin, Ethereum, USDC, and USDT. This move aims to integrate digital currencies into everyday transactions in the Philippines, a country with a large number of crypto users.

Jack Dorsey’s Messaging App Bitchat Goes Live in the Apple App Store

Former Twitter CEO Jack Dorsey announced the launch of his messaging app Bitchat, which operates via Bluetooth, on the Apple App Store. Bitchat is described as a secure, decentralized, peer-to-peer messaging app that functions over Bluetooth mesh networks.

Tron Inc Aims for $1B Raise to Bolster TRX Reserves After Merger Boost

Tron Inc. has filed to raise up to $1 billion to enhance its TRX token reserves following a surge in its stock post-merger. The fundraising plans involve a mix of equity and debt instruments to accumulate TRX tokens for its digital asset treasury anchored by the Tron blockchain.

US SEC Delays Decision on Trump’s Truth Social Bitcoin ETF

The US SEC has postponed its decision on Trump’s Truth Social bitcoin ETF, indicating potential future impacts on the cryptocurrency market.

Turkish Crypto Boss Nabbed in Shocking Drug and Attempted Murder Case

The arrest of Gökalp İçer, chairman of ICRYPEX, on serious charges has sent shockwaves through Türkiye’s crypto industry, emphasizing the importance of transparency and accountability in the evolving cryptocurrency world.

Nasdaq-listed Vape Stock Surges 600% After $500 Million Offering

A Nasdaq-listed vape stock has surged 600% after a $500 million offering led by 10X Capital and YZi Labs to establish a BNB treasury, as reported by The Block.

Ethereum Price Shows Strength, Headed for $4K Showdown

Ether is displaying renewed strength with rising demand, high network activity, and bullish technicals aligning to support its push above $4,000, according to Cointelegraph.

China Turns to Yuan-Pegged Stablecoins to Challenge Dollar

China is shifting towards stablecoins backed by its currency after struggling with the digital yuan, signaling a new approach to digital currency adoption.

Ethereum Dominates as Digital Asset Inflows Hit Record Highs

Digital asset inflows reached unprecedented levels, led by Ethereum, with $11.2bn recorded in July. This surge highlights a potential altcoin season amid mixed regional trends.

Large PENGU Token Transfers Raise Concerns

Amid a strong market rally, the PENGU team has transferred over 2 billion tokens, valued at around $66.6 million, to centralized exchanges in the past month. This significant movement of tokens has sparked questions about potential liquidation.

Source: KLEA News