Why Signing Day Sports Stock Is Soaring Today – Signing Day Sports (AMEX:SGN)

Signing Day Sports, Inc. SGN shares moved higher Friday after the company revealed that BlockchAIn Digital Infrastructure Inc., a newly formed entity, has confidentially submitted a draft registration statement (Form S-4) with the U.S. Securities and Exchange Commission.

The move is part of an ongoing business combination agreement signed earlier this year between Signing Day Sports and BlockchAIn’s operating affiliate, One Blockchain LLC.

The transaction, first announced in April 2025 and formalized in May, aims to bring both companies under a holding structure, with the combined entity — known as PubCo — expected to list its common shares on the NYSE American.

Also Read: Bitcoin Hits…

Read more on Benzinga

BitVM3 promises cheaper Bitcoin bridges — but not yet

This is a segment from the 0xResearch newsletter. To read full editions, subscribe.

The race to make Bitcoin programmable without a soft fork has turned into one of the most creative arms races in crypto. 

At the center is BitVM, a framework for proving off-chain computation on Bitcoin via fraud proofs. Its first iteration, now known as BitVM1, used a multi-round interactive protocol. BitVM2 simplified this to a single-round fault proof using a split SNARK verifier, and is already proving practical for early adopters like Build on Bitcoin (BOB), Citrea and Bitlayer.

Now, BitVM3 proposes to go even further by cutting onchain fraud proof costs by ~1000x. But there’s a…

Read more on Blockworks

The Bitcoin ETF Boom Is Here; But Is It Built To Last? – Calamos ETF Trust Calamos Bitcoin Structured Alt Protection ETF – January (BATS:CBOJ), Amplify Transformational Data Sharing ETF (ARCA:BLOK)

The iShares Bitcoin Trust IBIT is seeing its time in the sun once again. The fund on July 10 set a new 52-week high, an astonishing 125.86% increase from its lows. Bitcoin itself broke above $118,900, reaching an all-time high today.

With tech stocks like NVIDIA Inc. NVDA hot and whispers of rate cuts becoming louder, IBIT’s ride is not another crypto sugar rush; it could be something more profound: the mainstreaming of Bitcoin ETFs as solid portfolio staples.

So, is the rally genuine, or are investors again pursuing a mirage constructed of digital gold?

Tech Tailwinds And The Bitcoin-NVIDIA Connection

IBIT’s rally is synchronous with a technology surge that has been nothing less than…

Read more on Benzinga

Bitcoin Hits New All Time High As IBIT Breaks ETF Records

Just 19 days ago, Bitcoin was trading around $98,000. Today, it shattered expectations by hitting a new all time high of $118,820, underscoring the accelerating shift toward viewing Bitcoin as both a store of value and a strategic asset.

BlackRock’s iShares Bitcoin Trust (IBIT) broke its ETF records last night by surpassing $80 billion in assets under management, doing so in just 374 days. That’s nearly five times faster than the previous record held by the Vanguard S&P 500 ETF (VOO), which took 1,814 days to reach the same mark.

As of today, IBIT sits at $83 billion and holds over 706,000 BTC, making it the 21st largest ETF in the US market. Two days ago, IBIT also…

Read more on BitcoinMagazine

LATEST: BlackRock’s Bitcoin ETF Hits $80B AUM, Fastest Growing ETF in History

Bitcoin’s rapid surge this week has helped BlackRock’s iShares Bitcoin Trust (IBIT) hit a major milestone. IBIT became the fastest exchange-traded fund to reach $80 billion in assets under management, doing so in just 374 days. It beat the previous record held by the Vanguard S&P 500 ETF, which took 1,814 days, according to Bloomberg.

Total assets in all spot bitcoin ETFs crossed $140 billion for the first time, with $1.18 billion in inflows recorded on Thursday alone — the second-highest daily total since their January 2024 debut. Bitcoin’s price briefly hit $112,152 on Tuesday and climbed past $118,000 by Friday, fueled by growing optimism around U.S. monetary policy.

Analysts credit the rally to rising institutional demand and easier access through ETFs. Companies are increasingly adding bitcoin to their asset strategies, signaling a broader shift toward crypto adoption. The combination of price momentum and mainstream support is pushing bitcoin to new all-time highs.

Data

Coinbase acquires Opyn’s leadership team

This is a segment from the Empire newsletter. To read full editions, subscribe.

Coinbase has made its sixth acquisition of the year, we’ve exclusively learned. 

This time, the publicly-traded company made an acqui-hire, meaning that they’re specifically acquiring Opyn CEO Andrew Leone and its Head of Research, Joe Clark. 

“The Opyn team has been building in DeFi since the early days; they were the first DeFi options protocol, the inventors of Power Perpetuals, and the team behind Squeeth. The team brings a rare combination of deep onchain technical expertise, strong understanding of traditional market structure, and hands-on experience building decentralized…

Read more on Blockworks

LATEST: Smarter Web Company Adds 275 BTC As Bitcoin Hits Record High

Smarter Web Company has purchased an additional 275 BTC, boosting its total Bitcoin holdings to 1,275 BTC, just as Bitcoin hits a new all-time high of $118,000. The latest acquisition was made at an average price of £79,563 ($108,182) per BTC, totaling around £21.88 million. The company has now invested approximately £100.1 million in Bitcoin at an average price of £78,516 ($106,719) per BTC.

This move follows a recent buy on July 7, when the firm added 226.42 BTC to its treasury, reaching 1,000 BTC. With the new purchase, the year-to-date BTC yield surged to 31,263%, up from 26,242%. The company also reported a 30-day BTC yield of 497% and confirmed holding about £31 million in cash reserves for future Bitcoin investments.

Smarter Web Company started accepting BTC payments in early 2023 and launched a Bitcoin treasury strategy in April. Through its “10 Year Plan,” it aims to accumulate BTC as a hedge against inflation and as a growth asset, aligning with rising corporate interest in crypto treasury models.

Source

Thursday links: Time travel, anti-capitalism, ETH, pump.fun

This is a segment from The Breakdown newsletter. To read more editions, subscribe.

“Your future is whatever you make it. So make it a good one.”

— Doc Brown

Capitalism is time travel

In the latest EconTalk podcast, Russ Roberts and Mike Munger ask some basic questions — What are markets? What is capitalism? Why do they matter? — with some surprising results.

Munger defines markets as “a set of institutions for reducing the transactions cost of impersonal exchange.”

To help us understand why that matters, Munger starts with the most basic possible example: If I have a banana and you have an apple, but I like apples better than bananas and you like…

Read more on Blockworks

Snoop Dogg, XRP And $1,000 Bet: What That 2018 Ripple Party Investment’s Worth Now

The price of the XRP Token XRP/USD from Ripple has soared in recent days on the heels of an announcement involving the oldest bank in the U.S.

Here’s a look back at how much XRP has gained since a key moment in the cryptocurrency’s history involving one of the most famous rappers around.

What Happened: The price of XRP is up 9.6% over the past seven days, outperforming other top 10 cryptocurrencies such as Bitcoin, Ethereum and Solana. XRP is currently the fourth-largest cryptocurrency by market capitalization, valued at $146 billion.

Interest in XRP could be up with Ripple announcing Wednesday that BNY Mellon, the oldest bank in the U.S., will serve as the primary custodian for reserves…

Read more on Benzinga