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Chinas central bank injected fresh liquidity into the financial system on Friday, but the move failed to provide an immediate boost to Bitcoin. The Peoples Bank of China (PBOC) used overnight reverse repos for the first time in the middle of a month, injecting roughly 350 billion yuan.

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Israel received an estimated $22 billion in onchain crypto value during the 12 months ending June 2025, according to Chainalysis.

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Solana advances SIMD-0553, a proposal that raises fees on resource-intensive transactions and lowers costs for simple operations. The new model would increase daily SOL burning from 648 to between 7,500 and 9,000 tokens — a 12 to 14 times increase over current levels.

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Hashcash creator and Blockstream CEO Adam Back has publicly backed Ethereum's cryptographic course correction, saying the industry should have abandoned experimental algorithms in favor of time-tested security standards long ago.