Important News from Last Night and This Morning (August 7-8) - PANews

This comprehensive finance article covers recent developments in cryptocurrency markets, regulatory changes, and major institutional moves across the blockchain ecosystem.

The article presents a wide-ranging overview of current cryptocurrency and blockchain finance news, highlighting significant regulatory developments, institutional investments, and market movements. Key stories include major crypto institutions supporting new Senate legislation, whale trading activities worth millions, and Trump's pro-crypto policy initiatives including executive orders to expand retirement fund investment options and prevent banking discrimination against crypto businesses.

• Regulatory Progress: Senate crypto legislation gains support from Paradigm, Multicoin, and other major institutions, while Trump nominates pro-crypto economist Stephen Miran to the Federal Reserve and signs executive orders protecting crypto banking access
• Institutional Adoption: Companies like Sharplink Gaming accumulate 568,000 ETH worth $2.2 billion, while Fundamental Global plans $5 billion securities offering to buy more Ethereum, and retirement funds could potentially see $800 billion crypto inflows
• Market Activity: Significant whale movements include $12.39 million SOL sales, $223 million leveraged positions, and major acquisitions like Ripple's $200 million purchase of stablecoin platform Rail
• Infrastructure Development: New platforms launch including NUVA for tokenized real-world assets, JPMorgan's on-chain repo solution, and various DeFi protocol updates across multiple blockchain networks