News & Research

831,056 ETH are currently awaiting unstaking on the Ethereum proof-of-stake (PoS) network, with unstaking expected to take over 14 days to complete. That’s according to validatorqueue.com. Conversely, 355,919 ETH are awaiting staking, with staking expected to take over 6 days to complete. Currently, there are 1,085,264 Ethereum validators, with approximately 35.6 million ETH staked.

The Reserve Bank of India (RBI) has approved a blockchain-based financing solution for micro, small and medium enterprises (MSMEs) developed by the Indian Banks' Digital Infrastructure Company (IBDIC) consortium, according to Crypto India on X. The system uses tokenized invoices to help small suppliers access credit more quickly and at lower costs.

U.S. asset manager Strive projected via X that Strategy (formerly MicroStrategy), the largest corporate holder of Bitcoin (BTC), is expected to be incorporated into the S&P 500 index as early as September, as the firm currently meets all the criteria for inclusion. If Strategy manages to be added, Strive highlighted that tens of millions of Americans will be able to indirectly hold Bitcoin through channels such as pension funds, 401(k) plans and brokerage accounts. Moreover, this marks the deep integration of digital assets into the U.S. economy, making it almost impossible to ban them in the future, Strive stated.

India has launched a Bitcoin policy research institute to study strategic adoption of the cryptocurrency and bolster the nation’s fiscal sovereignty, Crypto India reported on X.

The Solana community has initiated discussions on the Alpenglow upgrade, which aims to significantly improve the network’s transaction processing speed, Cointelegraph reported on X. The proposal would modify the existing Proof of History (PoH) and Tower BFT consensus mechanisms using the Votor and Rotor components to accelerate transactions. A governance vote on implementing Alpenglow is expected in 16 days.

The number of wallets holding more than 10,000 Solana (SOL), worth about $2 million, has climbed to an all-time high of 5,224, according to crypto analyst Ali Martinez on X.

Hong Kong’s Securities and Futures Commission (SFC) has issued new custody standards for licensed virtual asset trading platforms after a regulatory review found weak controls at some operators, Crypto Briefing reported. Developed in response to global custody failures, the framework outlines requirements for management accountability, cold wallet operations, third-party wallet oversight and real-time risk monitoring.

Crypto exchange Coinbase has released a report on its official website titled "Monthly Outlook: Altcoin Season Cometh," expecting a positive outlook for Q3 this year and a full-scale altcoin season starting September. An altcoin season generally refers to a period in which at least 75% of the top 50 altcoins by market capitalization have outperformed Bitcoin over the past 90 days. According to the report, Bitcoin's market dominance has dipped from 65% in May to the current 59%, hinting at the early stages of capital rotation into altcoins. As per CoinMarketCap data, the Altcoin Season Index now stands at 40, far below the historical threshold of 75 for an altcoin season. From a macroeconomic perspective, however, Coinbase's outlook for a significant increase in liquidity remains unchanged. The exchange highlighted that "with the altcoin market cap climbing and the Altcoin Season Index showing early positive signals, we believe conditions are setting up for a potential rotation into a more mature altcoin season as we head into September."

The U.S. cryptocurrency and fintech executives sent a letter to the Trump administration criticizing banks’ policies that impose fees for customer data access, which the letter says could prevent consumers from linking their accounts to other financial products, Cointelegraph reported. The Biden administration had previously sought to make bank customer data freely accessible, but opposition from the banking industry prevented its implementation. U.S. President Trump has since stated that the fee rules will remain in place until new guidelines are issued.

Hong Kong-based family office Avenir Group disclosed in a 13F filing that it holds approximately 16.55 million shares of BlackRock’s spot Bitcoin ETF (IBIT), valued at around $1.01 billion, JinSe Finance reported. This represents an increase from the 14.7 million shares reported in May.