Nasdaq submits SEC filing to add staking to BlackRock’s ETHA Ethereum ETF

By Connor Hart

President Trump and his administration have worked to open the doors for widespread adoption and investment in the crypto industry, and things are moving more quickly than expected, Coinbase said.

"It's really urgent for us to get it settled so that investors can invest in the sector, and that tokens that are issued can be traded on our platform," Faryar Shirzad, Coinbase's chief policy officer, said Wednesday.

Now, amid what has been dubbed "Crypto Week," several bills are up for consideration by Congress. Should they become law, they will provide protection to the industry in the event that another administration more similar to that of former President Joe Biden tries to drive the crypto industry offshore, Shirzad said.

Coinbase--which is the largest cryptocurrency exchange in the U.S., currently offering futures trading in the U.S. and spot and perpetual futures products outside the U.S.--stands to benefit from these bills' passage.

One of the bills, known as the Genius Act, would set up oversight of stablecoins, a popular crypto asset typically pegged to a government currency such as the U.S. dollar. That peg keeps their price steady, making them attractive to traders looking for a store of value while they buy and sell more volatile cryptocurrencies.

The stablecoin market, currently valued at around $240 billion, is projected to grow significantly in the coming years, with high-end estimates at $1 trillion and higher, analysts said. Coinbase has a stake in Circle, the largest U.S. stablecoin issuer.

House lawmakers are due to convene Thursday afternoon, when they are expected to pass the stablecoin measure, which has already been agreed to in the Senate and could be signed by Trump as soon as Friday. The vote comes after the measure ran into unexpected hurdles earlier this week, after some conservative holdouts voted against the bill on the basis that it didn't include language to prohibit the U.S. from issuing a central-bank digital currency.

Other bills up for consideration include the Clarity Act, which would set rules for when an asset is considered a security, to be overseen by the Securities and Exchange Commission, as opposed to when it is considered a commodity that is overseen by the Commodity Futures Trading Commission.

If passed, the bill would likely spur the widespread adoption of digital assets by institutional investors such as asset managers, hedge funds and banks, analysts said. That is because the act aims to give institutions confidence in what digital assets they can trade and hold.

Supporters hope the act passes the House this week, setting it up to be signed into law by September.

Write to Connor Hart at connor.hart@wsj.com

By Nicholas G. Miller

Shares of GameSquare fell after the company said it would offer 46.7 million shares for $1.50 a piece, a day after the stock surged more than 50%.

The stock was down 29% Thursday to $1.64. It is up 97% so far this year.

On Wednesday, the stock soared 53% after the company detailed its $100 million ethereum, a cryptocurrency, treasury strategy in a conference call.

But on Thursday, the stock was back down near the $1.51 price it closed at Tuesday.

The company said Thursday it expected to raise $70 million from the offering and would use most of the proceeds to buy ethereum.

"Our goal is to transform a traditional treasury function into a high-performance business vertical generating durable, recurring cash flows," said GameSquare Chief Executive Justin Kenna.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

Key takeaways

• XRP cloud mining doesn’t mine XRP; it funds BTC or ETH contracts using XRP.

• Promised returns (100%-800% APR) are often unsustainable and lack transparency.

• High risks include scams, volatility and hidden fees, with little regulatory oversight.

• Safer alternatives exist, like wrapped XRP in DeFi or regulated lending platforms.

Can you really earn passive income through XRP mining in 2025? Technically, no, because XRP isn’t mineable in the traditional sense. All 100 billion XRP tokens were pre-mined at launch, meaning there’s no direct way to mine XRP like you would Bitcoin or Ether .

“XRP cloud mining” is mostly a marketing hook for XRP holders chasing passive income. It doesn’t mine XRP ; it just lets you fund BTC or ETH mining contracts with XRP.

However, funding these contracts with XRP comes with unique benefits.

In mid-2025, a wave of XRP mining platforms entered the scene with daily-payout XRP mining contracts starting from as little as $10. The promises are bold: high return on investment (ROI), fast settlements and frictionless entry.

This article breaks down how XRP cloud mining contracts work, what you can actually earn and whether these sky-high returns are too good to be true.

Did you know? XRP primarily serves as a bridge currency for cross-border payments, enabling banks to clear transactions without pre-funding accounts in destination currencies.

How XRP cloud mining works

Here’s how XRP mining contracts function in practice.

You deposit XRP to rent hash power, usually for mining BTC or ETH. The platform takes care of the hardware, electricity and maintenance. In return, you receive daily crypto payouts, often in XRP or Bitcoin — a model that allows users to earn passively without ever buying mining equipment.

This process is made attractive by XRP Ledger’s ultra-low fees ($0.0002) and three to five second settlement speed, making it ideal for fast, low-friction transactions — especially useful when funding or withdrawing from XRP mining platforms.

There’s no technical setup required. Just:

• Choose a contract (e.g., two, five or 32 days)

• Deposit as little as $10 in XRP

• Start receiving daily rewards instantly.

These platforms pitch XRP passive income opportunities with a low entry barrier and flexible durations, but the devil’s in the details.

RealLink is getting listed on MEXC, which is a popular global crypto exchange. A new listing like this can bring new interest, higher trading volume, and sometimes a fast price jump as more people gain access to the token. Early trading often has strong moves, but prices may drop later if many traders sell after the initial excitement. If RealLink gets new users or media attention because of the listing, this could help with longer-term growth. Still, exchange listings usually affect price most in the first few days. source

Astar is holding a vote to move to Agile Coretime, which could lower network costs and make it faster. If passed, this change may attract more developers and users, helping long-term value. Upgrades to core technology can be strong price catalysts if the community and investors see them as important. Large changes can also make traders uncertain, causing volatility. However, the real price impact often depends on final results and how quickly improvements are seen after the vote. Active news flow during the vote week may cause trading swings. source