PayPal Will Let Businesses Accept Cryptoasset Payments
PayPal will allow businesses in the US to accept 100 different cryptoassets, including Bitcoin, Ethereum, and Solana. The new feature, Pay with Crypto, will allow businesses to convert crypto assets into stablecoins or fiat currencies and will support transactions with wallets like Coinbase, Kraken, and MetaMask.
The move is part of PayPal’s push to expand global commerce. Its PayPal World platform aims to simplify international payments by connecting digital wallets with its global network. These innovations offer businesses opportunities to reduce costs and expand into the global market, while PayPal aims to create a more inclusive and cross-border financial ecosystem.
Ethereum Surpasses Bitcoin, Breaking Record in Institutional Investment Flows
According to CoinShares data, Ethereum is outpacing Bitcoin in terms of interest from institutional investors, with a record $11.2 billion in investment flows in July. This brings the total for July to a record high, with $1.9 billion invested in crypto investment products in just the last week. Ethereum had the second-strongest weekly inflow of $1.59 billion last week, while Bitcoin experienced an outflow of $175 million.
While interest in Ethereum has grown, Bitcoin-focused funds have underperformed. Altcoins like Solana and XRP have also continued to attract large investments, with $311 million invested in Solana and $189 million in XRP. Ethereum’s rapid rise suggests that blockchain technology will become more deeply ingrained in the global financial landscape.
Tron Inc. Files with SEC for $1 Billion in Hybrid Securities Issuance
Tron Inc., backed by Justin Sun, has filed with the SEC to issue up to $1 billion in hybrid securities, pursuant to plans to raise capital to acquire TRON tokens. The company rebranded itself as TRON to trade on Nasdaq and went public on July 17th, adopting TRON as its Nasdaq ticker.
The firm plans to issue a variety of securities, including stock, debt, and bonds, to acquire TRX tokens. Tron Inc., which currently holds 365 million TRX tokens, will make these purchases through a capital increase. The move aims to strengthen the company’s TRX token acquisition strategy and its on-chain presence.
Mill City Ventures to Acquire $441 Million in SUI Tokens
Mill City Ventures III will make a major investment in SUI, the native token of the Sui blockchain, through a $450 million private placement. Approximately 98% of this investment will be used to acquire SUI on the open market and through direct agreements with the Sui Foundation. The remaining 2% will be allocated to its existing short-term lending activities. This move will tie Mill City’s future to SUI’s performance, making it its primary asset.
Led by the digital asset-focused hedge fund Karatage Opportunities, this private placement positions Mill City to take a leading role in expanding institutional interest in SUI. Karatage founders Marius Barnett and Stephen Mackintosh will reshape Mill City’s leadership as its chairman and CIO.
SEC Delays Decision on Trump’s Truth Social Bitcoin ETF and Other Crypto Funds
The U.S. Securities and Exchange Commission (SEC) has delayed a decision on the Truth Social Bitcoin ETF, backed by Trump Media and Technology Group. The application’s deadline has been extended from August 4 to September 18. The SEC granted the delay to evaluate the ETF application and conduct further review of any emerging issues. The SEC also delayed decisions on Grayscale’s Solana Trust and Canary Capital’s Litecoin ETF.
Trump’s Bitcoin ETF would be the first crypto ETF linked to the business interests of a current U.S. president. However, some Democratic senators say Trump’s crypto dealings raise questions about ethics and regulatory neutrality. Trump maintained a close relationship with the crypto industry after his presidency and signed the GENIUS Act in July, establishing a clear regulatory framework for stablecoins.
BTCS Increases Ethereum Holdings, Raises $10 Million at a 198% Bonus
Blockchain technology firm BTCS Inc. acquired 14,240 ETH, bringing its total Ethereum reserves to 70,028 ETH, valuing its holdings at $270 million. The company also successfully completed a $10 million convertible note issuance, selling at $13 per share. This price represented a 198% premium to BTCS’s closing price on July 18, 2025.
CEO Charles Allen stated that Ethereum reserves are generating revenue and returns through NodeOps and Builder+ strategies. BTCS has raised approximately $207 million since the beginning of the year, and the company continues to optimize exposure to Ethereum through DeFi/TradFi strategies and actively manage share dilution.
MARA Holdings Raises $950 Million, Will Purchase Bitcoin
MARA Holdings has raised significant funding by issuing $950 million in zero-interest convertible notes to fuel Bitcoin purchases and fund debt repurchases. This transaction, up from an initial target of $850 million, has seen strong demand from institutional investors.
The majority of the funds will be used to support the company’s Bitcoin acquisition strategy. MARA, which currently holds approximately 50,000 Bitcoin, aims to become the second-largest institutional holder of Bitcoin with this acquisition. Approximately $18 million will also be allocated to the repurchase of its 2026 convertible notes and $37 million for capped option hedges to mitigate potential dilution.
Arbitrum Foundation to Allocate $14 Million in ARB tokens
The Arbitrum Foundation plans to allocate $14 million worth of ARB tokens to subsidize security audits for blockchain projects developed on the Arbitrum network. A total of 30 million ARB tokens will be distributed over 12 months under a proposal approved by the Arbitrum DAO.
This program aims to fund security audits for early-stage projects or established teams planning major updates or new deployments. Its goal is to make it easier for smaller projects, in particular, to access security audits. The audit process will be overseen by a committee consisting of technical experts selected by the Arbitrum Foundation, Offchain Labs, and the DAO.
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BITCOIN (BTC)
Bitcoin is trading at $118,867 as of morning hours with a 0.66% gain. Although it fell below the $118,175 level as of yesterday, BTC, which recovered quickly, is moving above the resistance. If the positive trend continues, the next resistance point will be at $120,217. Then the $123,000 region can be targeted.
If selling pressure occurs, the $118,175 level can be followed as the first significant support. In case of a further decline, the $116,050 and $113,827 levels can be expected to act as support.
ETHEREUM(ETH)
ETH is priced at $ 3,819 as of the morning hours with a 0.53% gain in value. Although ETH rose above $ 3,847 yesterday, it could not be sustained. It will be important for ETH, which was moving close to this resistance in the morning hours, to break this level and maintain persistence above it for the continuation of the rise. Then, the $ 3,988 and $ 4,111 levels can be targeted.
In case of possible pullbacks, while 3,633 is the first support level, it can be expected to work as support after the $ 3,479 level.
RIPPLE(XRP)
XRP is priced at $3.15 with a 1.01% gain as of the morning hours. If XRP manages to break the 3.14 resistance and hold above this level with a recovery, there may be a move towards the $ 3.24 levels in the short term. Then, 3.33 may be targeted.
On the other hand, if it falls below the $ 3.14 level, pullbacks to the $ 3.03 and $ 2.96 levels may be experienced. XRP’s ability to hold at these levels is critical for the continuation of the rise.
AVALANCHE(AVAX)
AVAX is trading at $25.37 with a 0.63% gain as of the morning hours. The price tested the $24.79 level as support yesterday and started to recover with the purchasing power from here. If it can stay above this level, $26.08 will be the next target. Then, the $27.30 level has created a strong resistance in the recent increases and breaking this area may trigger the continuation of the move towards higher targets. In the event of a possible pullback, the $24.79 and $23.91 levels will be monitored as important support points.
SOLANA(SOL)
SOL is traded at $ 184.90 as of the morning hours with a 0.98% gain in value. The price tested the $ 184.95 level with the purchasing power coming from the $ 180 level. This level was an important resistance point in the past pricing. For now, maintaining stability above this zone may lead to the next target at $188. Then, the $193.06 and $200 levels are protected as the next resistance positions.
In case of a possible pullback, the $177.70 and $173.71 levels will be followed as strong support areas.
