Coinbase-Backed Advocacy Group AIP Champions Crypto Education Over Lobbying in Washington
The American Innovation Project (AIP) has emerged as a distinctive voice in the U.S. cryptocurrency policy landscape, adopting an educational approach rather than traditional lobbying tactics. As a nonprofit 501(c)(3) organization, AIP offers significant tax advantages to donors—including those contributing cryptocurrency assets—while focusing on educating policymakers through roundtables, summits, and workshops. This strategy positions AIP uniquely among crypto advocacy groups, potentially creating more favorable conditions for exchanges like Coinbase by fostering deeper regulatory understanding and acceptance. The timing of AIP's launch, coinciding with key developments in crypto-friendly states like Wyoming, suggests a strategic push to influence the evolving regulatory framework at both state and federal levels. For Coinbase and similar platforms, this educational initiative could translate into more predictable regulations and enhanced mainstream adoption, ultimately benefiting their market position and user growth. The organization's structure also enables crypto-native companies and investors to support policy education while receiving tax benefits, creating a sustainable model for long-term industry advocacy.
New U.S. Crypto Advocacy Group AIP Focuses on Policymaker Education
The American Innovation Project (AIP) enters a crowded field of U.S. crypto policy groups, distinguishing itself through educational initiatives rather than direct lobbying. Structured as a nonprofit 501(c)(3), AIP offers tax benefits to donors—including those contributing crypto assets—while facilitating engagement with policymakers through roundtables, summits, and workshops.
Its debut event coincides with the Wyoming Blockchain Symposium, signaling strategic alignment with crypto-friendly jurisdictions. Backers include Digital Currency Group and the opaque Cedar Innovation Foundation, alongside industry heavyweights like Coinbase, Kraken, and Andreessen Horowitz.
The group faces competition from established advocates like the Blockchain Association and Ripple-backed initiatives, but carves a niche by prioritizing education over regulatory confrontation. This approach may resonate as lawmakers grapple with balancing innovation and oversight in digital assets.
Coinbase-Listed HOPR Crypto Surges 18% Amid Explosive Trading Volume
Privacy-focused cryptocurrency HOPR has surged 18% in the past 24 hours, extending a rally that began with a 24% gain yesterday. Trading volume skyrocketed 345% to $10 million, with Coinbase Exchange accounting for over 85% of the activity. The token, now priced at $0.08, has a market capitalization of $26 million.
The rally follows a 55% single-day surge on July 18, marking a sharp reversal from prior stagnation. While the exact catalyst remains unclear, the spike coincides with heightened liquidity inflows, evidenced by a 33% Volume-to-Market Cap ratio. HOPR's decentralized node network incentivizes privacy services, potentially attracting renewed interest in anonymity-focused assets.
Crypto Stocks Slide as Bitcoin and Altcoins Face Continued Pressure
Coinbase, MicroStrategy, and Circle Internet Group saw declines amid broader cryptocurrency market weakness. Bitcoin and altcoins showed further signs of deterioration as investors monitored key technical levels.
MicroStrategy shares fell 0.74% to $363.60, while Circle Internet Group dropped 5.15% to $141.58. The moves followed hotter-than-expected U.S. Producer Price Index data, which ROSE 0.9% against forecasts of 0.2%.
Market participants scaled back expectations for Federal Reserve rate cuts, with probability dropping from 98% to 84%. The shift in monetary policy outlook weighed on risk assets across digital markets.
Solana Gains Momentum as Investors Pivot to Base Network's BlockSack Presale
Solana (SOL) surged 4.5% in 24 hours amid renewed crypto market enthusiasm, while Ethereum (ETH) breached $4,200 for the first time since 2021. Retail traders seeking high-upside opportunities are flocking to BlockSack (BSACK), a Base Network meme coin with an integrated ecosystem of gaming, NFTs, and DeFi.
The BSACK presale offers tokens at $0.00697 with a 15% bonus, targeting a 10x return at its $0.069 launch price. The project's roadmap includes staking protocols with meme-driven APYs, play-to-earn gaming platforms, and an adult-focused NFT marketplace—positioning it as more than just another speculative asset.
Bernstein Predicts Extended Crypto Bull Run Through 2027, Highlights HOOD, COIN, CRCL
Wall Street firm Bernstein has extended its bullish outlook on cryptocurrencies, projecting the current market cycle could peak in 2027 rather than 2025-26. Analysts spotlight Robinhood (HOOD), Coinbase (COIN), and Circle (CRCL) as primary beneficiaries, with HOOD's price target raised to $160 from $105.
Bitcoin is forecasted to reach $150,000-$200,000 within twelve months, while the rally is expected to broaden to ether (ETH), solana (SOL), and DeFi tokens. Coinbase emerges as a key player in this expansion, particularly through derivatives offerings and institutional adoption.
Falling interest rates in late 2025 may accelerate demand for staking products and on-chain yield strategies. Circle's USDC stablecoin is projected to grow to $173 billion by 2027, reflecting expanding institutional treasury use cases.
Trading volumes are anticipated to build momentum through 2026 before peaking in 2027, with Robinhood's diversified model supporting a 53% EPS CAGR. The report underscores crypto's maturation from speculative asset to institutional portfolio staple.
Bullish's $1.15B IPO Proceeds Settled Entirely in Stablecoins—A First for Public Markets
Bullish (BLSH), the crypto platform and owner of CoinDesk, has made history by receiving its entire $1.15 billion IPO proceeds in stablecoins—a first for U.S. public markets. The majority of tokens were minted on the Solana (SOL) network and settled in Circle's USDC (USDC), with Coinbase acting as custodian. The remaining proceeds involved a diverse mix of dollar- and euro-pegged stablecoins, including EURC, PYUSD, RLUSD, USDG, USDCV, EURCV, USD1, AUSD, and EURAU. Jefferies oversaw the minting and conversion process.
The MOVE underscores the accelerating adoption of stablecoins in global payment flows and their deepening integration with traditional finance. Regulatory frameworks, such as the U.S. GENIUS Act, are further legitimizing the sector. Earlier this year, Binance similarly opted for a $2 billion investment in World Liberty's USD1 stablecoin, signaling institutional confidence in the asset class.