Daily Bits

BitMine Immersion now holds 1.15M ETH worth $4.96B, making it the largest ETH treasury globally and the 3rd largest overall crypto treasury.

S&P Global Ratings has issued its first-ever stablecoin credit rating, assigning Sky Protocol’s USDS a B- with a stable outlook.

Ethereum surged above $4,300, its highest since late 2021, driven by a weaker dollar, rising Fed rate cut expectations, and clearer US crypto policy.

Trump opens 401(k) retirement plans to crypto and private equity, potentially unlocking trillions in new capital access.

Succinct Labs hints at the next phase of its ZK (zero-knowledge) revolution following the mainnet launch of the Succinct Prover Network.

StableStock is launching the public beta of StableBroker, its first product in a three-layer TraDeFi ecosystem aimed at bringing tokenized real-world stock assets on-chain.

To mark Ethereum’s 10th anniversary, the Ethereum Foundation introduced “Lean Ethereum,” a long-term roadmap focused on resilience, scalability, and simplicity.

Pendle has launched on HyperEVM, bringing its fixed yield infrastructure to the network with initial pools from Hyperbeat and Kinetiq.

Visa has expanded its stablecoin settlement infrastructure to support PYUSD, USDG, and EURC across Avalanche and Stellar, adding to its existing support on Ethereum and Solana.

Tron Inc., formerly a toy company, has filed to sell up to $1 billion in securities to fund aggressive TRX accumulation, effectively pivoting into a public crypto treasury vehicle.