Michael Saylor says government cannot prevent Bitcoin adoption

According to CoinDesk, stablecoin infrastructure company Brale has launched ION Protocol, which allows participating stablecoins to cross chains by being destroyed on the source chain and minted equally on the target chain, without the need to pre fund liquidity pools on each supporting chain. Brale currently supports over 100 stablecoin projects on more than 30 blockchains. ION adopts a destruction and minting mechanism similar to Circle CCTP, targeting any participating stablecoin issuer. The protocol will be tested online with partners such as Monad, Rain, Coinflow, Turnkey, Etherfuse, Spark, and Canton before deployment.

According to The Block, SoFi's Q2 cryptocurrency trading revenue was $134.3 million, with a net income of $1.2 million after deducting $133.1 million in transaction costs. At the same time, the SoFi Enterprise Banking platform began processing 24/7 commercial payments through SoFiUSD. This stablecoin has been opened to bank app users and supports buying, selling, holding, and exchanging on Ethereum and Solana.

Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.

[Goldman Sachs Expects the Federal Reserve to Hold Rates Steady Today, Forex Market to Focus on Future Rate Hike Expectations] According to a report by Jin10, Goldman Sachs economists expect the Federal Reserve to hold interest rates steady today, though there may be at least one dissenting vote in favor of a rate hike. Current market pricing indicates about a 30% probability of a rate hike today. Goldman Sachs stated that if the Federal Reserve holds rates steady today, the forex market will shift its focus to the likelihood of rate hikes in subsequent meetings. Data from the Chicago Mercantile Exchange (CME) shows that investors have already priced in expectations for a rate hike in September. AI Interpretation: The Federal Reserve's decision to hold rates steady aligns with mainstream market expectations, but internal divisions over rate hikes reveal policymakers' concerns about persistent inflation. This hawkish signal disrupts the market's one-sided expectation of a policy pivot, forcing investors to reassess the endpoint of the tightening cycle. The forex market will quickly digest this uncertainty, driving the U.S. Dollar Index to maintain high-level fluctuations in the short term. By keeping the option for rate hikes on the table, the decision-makers have successfully conveyed a clear stance that a high-interest-rate environment will persist for an extended period.

In this week's Crypto Long & Short, Immunefi's Mitchell Amador writes that most of 2026's stolen crypto is leaving through keys, signers and governance, not contract bugs, and explains why “we were audited” was never the same as “we are safe.”