THORChain Implements Token Burn Mechanism, Sees Significant Growth

Robinhood has announced a significant partnership with Arbitrum to tokenize stocks and ETFs on the blockchain. Here are the key details: - Over 200 US stocks and ETF tokens will be available on Arbitrum One - Initially targeting EU customers through the Robinhood app - Plans to launch a dedicated Robinhood Layer 2 blockchain using Orbit stack - Traditional user experience maintained while leveraging blockchain technology The partnership aims to merge DeFi and TradFi, potentially bringing millions of new users to crypto. [Read the full announcement](http://blog.arbitrum.io/robinhood-is-realizing-the-crypto-vision/)

The GENIUS Stablecoin Act has emerged as a pivotal piece of cryptocurrency legislation, overshadowing the Big Beautiful Bill. The act could potentially enable Trump's family to generate substantial digital currency revenues, drawing strong opposition from Democrats. Key developments: - Critical vote faces unexpected resistance from anti-crypto Democrats - Bill's status shifted from likely passage to contentious debate - Represents crucial moment in cryptocurrency regulatory history Analysis by @s_lutz95 suggests this period may be the most significant regulatory window for crypto to date. [Watch full analysis](https://www.youtube.com/watch?v=UvGn-wOgRQ4)

Botanix Labs has launched its mainnet, aiming to transform Bitcoin's role beyond just a store of value. The solution addresses Bitcoin's current limitations in DeFi applications. - Platform enables connection between Bitcoin and Ethereum Virtual Machine - Founder Willem Schroé envisions capturing significant real-world asset value on Bitcoin - Launch marks a strategic move to enhance Bitcoin's utility in decentralized finance The mainnet launch represents a significant step toward making Bitcoin more functional in the broader DeFi ecosystem, potentially unlocking new use cases beyond simple value storage. [Read full article](https://www.coinage.media/s4/bitcoin-scaling-solution-botanix-launches-to-solve-bitcoin-defi)

Kyle Samani, founder of Multicoin Capital, outlines key factors positioning Solana for significant growth in late 2025: - Imminent Solana ETF launch - Traditional finance firms building on Solana - Solana Institute's regulatory progress in DC - Growing DePIN ecosystem led by Hivemapper and Helium Samani predicts that regulated asset issuers will predominantly choose Solana for asset issuance. The platform's infrastructure and institutional adoption suggest strengthening market position. [Watch full interview](https://www.coinage.media/s4/the-metrics-that-prove-solanas-moat-is-real-with-multicoins-kyle-samani)

BitMine, a publicly traded Bitcoin mining company, is diversifying into Ethereum with a significant treasury allocation. The firm has announced a $250 million private placement specifically aimed at purchasing ETH as its primary treasury reserve asset. Notable investor Tom Lee of Fundstrat has joined BitMine's board of directors to help guide this strategic shift. This move represents a significant departure from traditional Bitcoin mining operations, signaling growing institutional interest in Ethereum as a treasury asset.