Morning Minute: Vanguard Hires 'Head of Digital Assets' in Crypto Capitulation
Crypto majors fall as the U.S. strikes Iran, ending the ceasefire. Vanguard opens its doors. And a meme coin frenzy erupts on Robinhood chain.
Crypto Daily·

Robinhood’s 7% USDG yield via Morpho hit mainnet as HOOD rose ~5% intraday. We unpack revenue levers, key risks, and the metrics that could turn it into a stock catalyst.
Read full articleCrypto majors fall as the U.S. strikes Iran, ending the ceasefire. Vanguard opens its doors. And a meme coin frenzy erupts on Robinhood chain.
The post Robinhood Earn + Morpho: Can 7% USDG Boost HOOD? appeared on BitcoinEthereumNews.com. Robinhood just turned on its own blockchain and a new on-chain yield product, and the market noticed. The pitch is simple: park USDG, see roughly 7 percent APY, all without leaving the app. The question everyone is asking is less simple. Does this move the stock or just make good headlines? On July 1, Robinhood launched Robinhood Chain and introduced Robinhood Earn, a decentralized lending product with an estimated ~7 percent APY on USDG deposits according to company statements and reporting by CoinDesk. The engine under the hood is Morpho, a major DeFi lending protocol, with a curated vault designed by Steakhouse Financial, per Morpho’s announcement on launch day Morpho (official blog / press release). USDG, the stablecoin from Paxos’s Global Dollar Network, is now live on Robinhood Chain and set as the default asset for Earn flows, as the issuer confirmed in its own release Global Dollar Ne
Ethereum mainnet is rarely described as cheap, but 1 gwei gas changes the tone. For users who have spent years avoiding mainnet transactions because of cost, this kind of fee environment creates a very different experien
Ethereum mainnet is rarely described as cheap, but 1 gwei gas changes the tone. For users who have spent years avoiding mainnet transactions because of cost, this kind of fee environment creates a very different experien
The post Lido Price Surge Boosted by Robinhood and Anchorage appeared on BitcoinEthereumNews.com. Something unusual happened to Lido’s LDO token on July 8, 2026. While Bitcoin slipped 0.78% and Ethereum edged down 0.96%, LDO posted a 16.79% gain in a single 24-hour window, climbing to $0.3269. The Lido price surge didn’t come from speculation alone — it came from two structural moves that fundamentally expand who can access liquid staking, and how. Key takeaways LDO surged 16.79% to $0.3269 on July 8, 2026, with 24-hour trading volume exploding 202.62% to $117.88 million. Lido enabled wstETH transfers directly to Robinhood, opening liquid staking rewards to mainstream retail investors. A partnership with Anchorage Digital — a federally chartered US crypto bank valued at $4.2 billion — lets institutional clients mint and redeem wstETH inside a regulated custody environment. Lido secured Web3SOC certification, a compliance milestone that signals readiness for risk-averse institutional ca
The post Shiba Inu Burns 117 Million SHIB in Largest Single-Day Destruction in Six Months appeared on BitcoinEthereumNews.com. SHIB News Shiba Inu’s community permanently removed more than 117 million SHIB tokens from circulation on July 8, the largest single-day burn recorded in six months. On-chain data shows the tokens were routed to a dead wallet, a one-way address from which they can never be recovered. A single wallet tied to Robinhood led the activity, torching over 109 million SHIB in one transaction, with smaller wallets contributing the remainder through the session. The spike briefly revived the project’s deflationary narrative, yet it landed against a backdrop of broad altcoin fatigue. For holders of Shiba Inu, the burn underscored how community-driven supply cuts continue even when price momentum stalls. Despite the deflationary headline, SHIB has slipped close to 9% over the past month, holding a narrow trading band even after a modest weekly gain. Our reading of the tape
The post LIT Rallies 60% in 7 Days Following Two Crucial Announcements appeared on BitcoinEthereumNews.com. LIT’s price has experienced a notable uptick since Lighter’s July 30 announcements. Lighter DEX updated its tokenomics and announced a partnership with Robinhood Wallet. The partnership enables Lighter to offer perpetual trading with USDG as the quote asset. LIT, the native cryptocurrency of the Lighter decentralized exchange (DEX) ecosystem, has experienced a bullish trend for most of Q2 2026, despite a broader crypto market bearish pressure. TradingView’s data reveals that the cryptocurrency experienced a notable uptick from the beginning of July, surging approximately 60% in less than seven days. According to a Castle Labs analyst monitoring LIT’s price movement, two major announcements from the Lighter ecosystem were responsible for the latest rally. They include a tokenomics update on the digital asset and Lighter’s partnership with Robinhood. $LIT has risen over 80% in the
The post Base activates B20 token standard for stablecoins and tokenized assets appeared on BitcoinEthereumNews.com. Base has activated its B20 token standard on the mainnet, allowing developers to issue native stablecoins, tokenized real-world assets, and other fungible tokens without deploying custom ERC-20 smart contracts. Summary Base has activated the B20 token standard on mainnet, allowing developers to issue native stablecoins, tokenized real world assets, and other fungible tokens. The protocol includes built in issuer controls while remaining compatible with ERC 20 wallets, exchanges, and other supporting infrastructure. The B20 launch comes after recent Base sequencer outages and the one day delay of the Beryl network upgrade. According to Base documentation, the B20 standard went live on the network at 6:00 pm UTC, enabling developers to begin creating tokens under the protocol-level framework introduced through the Beryl upgrade. The launch allows issuers to create stableco