Trump to Sign Executive Order on Crypto in 401(k)s
Trump to Sign Executive Order on Crypto in 401(k)s
馃攼 401(k)s Going Crypto?
President Trump is preparing to sign an executive order that would permit cryptocurrency investments within 401(k) retirement accounts. This regulatory change marks a significant shift in traditional retirement investment options.
Key points:
- Executive order will allow 401(k) plans to include crypto assets
- Represents major institutional adoption milestone
- Implementation timeline not yet announced
This development could potentially open cryptocurrency investments to millions of American retirement accounts.
ICYMI: President Trump is set to sign an executive order allowing 401(k)s to invest in crypto assets 馃檶
NBA Top Shot Moments Launch in Japanese Vending Machines
NBA Top Shot has expanded its physical presence into Japan through an innovative vending machine distribution system. The digital collectibles platform, which recently integrated with OpenSea, now allows Japanese fans to purchase NBA Moments through familiar local vending infrastructure. - Vending machines will dispense codes for digital NBA Moments - Integration follows successful OpenSea marketplace launch - Represents significant Asia-Pacific expansion for NBA Top Shot This development marks a unique intersection of traditional Japanese retail culture with web3 technology, potentially opening new paths for NFT distribution in Asia.
Linea Announces Major Protocol Updates and Ecosystem Developments
Linea unveils significant protocol enhancements: - Introduction of native ETH yield program where deposits earn staking rewards - Implementation of protocol-level ETH burn mechanism - Launch of ecosystem fund, reportedly largest in size, managed by Ethereum-native consortium - New tokenomics model revealed Additional ecosystem highlights: - Partnership with Consensys and Nile Exchange to launch EthereX - Integration with t3rn_io through mainnet bridge - Launch of AI-powered smart wallet NewMoney - Sweep.haus collaboration featuring new NFTs Discussion of these developments featured on Fomo Hour with Tyler and Farokh.
SEC Approves In-Kind Redemptions for Bitcoin and Ethereum ETFs
Major crypto developments for July 30, 2025: - SEC approved in-kind redemptions for spot BTC & ETH ETFs, marking a significant regulatory milestone - ETH ETFs showing stronger performance with $284M inflows vs BTC's $237M this week - Kraken exchange reportedly planning $15B IPO - Michael Saylor acquires additional $2.5B in BTC through recent fundraising - Jack Mallers' Twenty One becomes 3rd-largest Bitcoin holder (43,500 BTC) - Markets down 1-3% ahead of FOMC meeting with BTC at $117.8K - eToro announces plans to launch tokenized stocks on Ethereum - ETHZilla and BTCS announce major ETH treasury plans totaling $2.4B
Institutional ETH Holdings Reach 1% of Total Supply
Institutional investors have acquired 1% of all Ethereum (ETH) in just two months, with holdings approaching 2% of total supply. Standard Chartered Bank projects this could reach 10% in the future. Leading institutional holders: - BitMine: Over 566,000 ETH - SharpLink Gaming: Over 438,000 ETH - Coinbase: Over 137,000 ETH This rapid accumulation signals growing institutional confidence in Ethereum's long-term value proposition. [Read more on Decrypt](decrypt.co/332281/ethereum-t)
Magic Eden Rugger Arrested After 3-Year Investigation
The creator behind the Balloonsville & Doodled Dragons rug pull has been arrested by the UK's ERSOU Cyber Crime Unit, marking a significant victory for Magic Eden. Key events: - September 2022: Balloonsville project launched and rugged on Magic Eden's platform - Magic Eden refunded all affected minters - Platform pursued legal action against perpetrator - July 2025: Arrest made by UK authorities This case demonstrates increasing accountability in the NFT space and Magic Eden's commitment to user protection.