Block Inc., Jack Dorsey's company known for Cash App and traded under the ticker XYZ on the NYSE, will be added to the S&P 500 index, replacing Hess Corp. on Wednesday, July 23. This inclusion follows Coinbase's addition earlier in May 2025. Block holds 8,585 Bitcoins, purchased since October 2020 at an average price of $30,405, now worth over $1 billion. The addition of Block to the S&P 500 is expected to encourage Bitcoin adoption among institutional investors. Following this announcement, XYZ stock rose 10% in after-hours trading to around $79.49, and the stock has increased over 35% in the last three months. The company's market valuation is approximately $43 billion.

Ondo Finance has launched USDY, a tokenized US Treasury fund, on the Sei blockchain. USDY represents a tokenized note backed by short-term US Treasuries and bank deposits, aiming to provide easier and more efficient access to bond ownership through fractionalization. This marks the first US government bond product tokenized on the Sei network. The Sei Network has experienced significant growth, with its Total Value Locked (TVL) nearing $700 million, a 700% increase compared to the previous year. The Real World Asset (RWA) market is growing, with total value increasing from $11.6 billion to over $24 billion in one year. Other companies, like Cardano, Chainlink, and Fidelity Investments, are also exploring tokenization of assets.

Block, the Bitcoin-focused company led by Jack Dorsey, will be added to the S&P 500 stock market index. This means Block will be included in a group of 500 of the largest publicly traded companies in the United States. This inclusion typically results in increased visibility and investment in the company's stock, as many investment funds are designed to track the performance of the S&P 500.

Binance, the largest crypto exchange, is adding support for Chainbase (C), an AI-focused cryptocurrency. Chainbase will be included in Binance's HODLer Airdrops program, rewarding users based on their BNB holdings. Additionally, Binance is adding Chainbase to Binance Simple Earn, Buy Crypto, Binance Convert, and Binance Margin. Following the announcement, the price of Chainbase (C) surged from a low of $0.125 on July 17th to a peak of $0.51 the next day. At the time of writing, the token is trading at $0.401, representing a 229.7% increase in the last 24 hours. Chainbase aims to unify data from various blockchains into a single ecosystem.

Bitcoin's Realised Cap, which calculates the value of each Bitcoin based on the price it was last moved, has reached an all-time high of $1 trillion. This indicates a strong and mature capital base for Bitcoin, supported by increasing institutional interest and long-term holding trends. This milestone suggests a more grounded view of the capital invested in Bitcoin. The US House of Representatives has also passed three key crypto bills, providing legal clarity for digital assets. Bitcoin is currently consolidating below $120,000, trading between $115,730 and $123,230, after a recent surge to a new all-time high. Key moving averages suggest that bullish momentum remains intact.

Tom Lee predicts Ethereum could reach $30,000 based on a strategy similar to MicroStrategy's Bitcoin accumulation. He believes companies using their stock to buy Ethereum can drive up its price significantly. Three companies, BitMine Immersion Technologies, SharpLink Gaming, and Bit Digital, are actively acquiring Ethereum. Together, they control roughly 682,000 ETH and plan to buy more. Lee argues that their actions, along with Ethereum's volatility, could lead to rapid price increases, potentially mirroring Bitcoin's growth during MicroStrategy's accumulation phase.

Bitwise CIO Matt Hougan is publicly disputing comparisons between stablecoins and the free banking era of the 1830s. Hougan argues that these comparisons are misleading and distort policy debates around stablecoin regulation. He emphasizes that the technology and regulatory landscape surrounding stablecoins today is vastly different from the unregulated banking practices of the 19th century. During the free banking era, individual banks issued their own currencies, often backed by unreliable assets, leading to instability and inefficiency. Hougan highlights that modern stablecoins, especially those potentially regulated under acts like the GENIUS Act, are subject to asset backing, transparency, and redemption rules that did not exist in the 1830s. He notes that state-regulated stablecoins are capped at $10 billion, representing a small fraction of the overall market, with federally regulated stablecoins expected to dominate, subject to stringent rules.

Bullish, a cryptocurrency exchange backed by Peter Thiel, has filed for an Initial Public Offering (IPO) with the Securities and Exchange Commission (SEC). This means the company is seeking to become publicly traded, allowing individuals to buy and sell shares of the company on the stock market. The filing represents a significant step for Bullish and signals further institutional interest and maturity within the cryptocurrency industry.

The DeFi sector, heavily reliant on Ethereum, has recovered to levels not seen since 2022. This rebound follows significant losses in 2022 due to hacks and the collapse of major crypto platforms like FTX and Terra Luna. The total value locked in DeFi has increased, and borrowing activity is up, especially on platforms like Aave and Ethereum. Open borrows have exceeded $19 billion in Q4 2024. Ethereum is dominating the DeFi space, holding over 60% of DeFi assets and more than half of all stablecoins with a TVL above $80 billion. Ethereum's market cap has risen by over $150 billion since July 1, spurred by factors including large short squeezes. Corporate interest in Ethereum is also growing, with companies adding it to their treasury assets. Some analysts believe that if ETH rises another 10%, another $1 billion of shorts will be liquidated, potentially pushing Ethereum to $4,000. There are also expectations that retirement plans may soon be allowed to invest in crypto.

The U.S. House of Representatives passed the GENIUS Act, which establishes federal regulations for stablecoins. Crypto executives from Ondo Finance, Bitpanda, and Gluwa believe this is a significant turning point for digital asset regulation, potentially leading to increased institutional investment. They noted the act provides clarity for stablecoin issuers, protects consumers, and defines guidelines for regulators. This move is expected to influence investor sentiment and boost confidence in both Bitcoin and altcoins. The act also supports future adoption of stablecoins in payments, DeFi, and broader financial infrastructure. Experts believe global regulatory convergence is occurring as other countries, such as those in the EU and Asia, are also creating digital asset regulations.

Ethereum's price has increased by 8%, outperforming Bitcoin's 1.6% gain over the same period. This rise is attributed to the passing of the GENIUS Act, which provides regulatory clarity for stablecoins, many of which are built on the Ethereum network. Institutional investment in Ethereum is also increasing. Bitcoin's price has paused after reaching a recent high. However, a new Bitcoin Layer-2 solution called Bitcoin Hyper (HYPER) has raised over $300,000 in the last 48 hours, bringing its total funding to over $3.31 million. This Layer-2 solution aims to make Bitcoin more usable and programmable by enabling faster and cheaper transactions and supporting DeFi protocols. The HYPER token is currently priced at $0.0123, and early investors are staking tokens with 274% APY.

Avalanche's AVAX token is showing signs of a potential price rally. The price has broken out of a downtrend, with analysts suggesting it could reach $32-$35 in the coming weeks if the current momentum continues. On-chain data reveals a surge in monthly transactions on the Avalanche network, hitting a new all-time high. AVAX is also outperforming Bitcoin, breaking above a resistance level that has been in place since 2021. If AVAX can surpass $27, it could potentially move towards $47. The Avalanche ecosystem is growing, with over 350 projects building on the platform across various sectors.

Internet personality Dave Portnoy revealed he sold his XRP holdings at $2.40, missing out on a potential surge to $3.66 and substantial profits. Portnoy stated he acted on advice from a friend who incorrectly believed XRP competed with Circle's USDC stablecoin. Attorney John Deaton clarified that Ripple, the company associated with XRP, competes with Circle via its upcoming stablecoin, not XRP itself. XRP has seen a significant price increase, rising 277% against Bitcoin in the past year and reaching new yearly highs on some exchanges. ProShares has launched an Ultra XRP ETF, and other firms have pending applications for XRP-linked funds, signaling growing institutional interest. Analysts suggest the cryptocurrency's price may continue to rise based on technical patterns.

Ethereum experienced positive developments in the second quarter, setting a more optimistic stage for the third. Ethereum ETFs saw $1.7 billion in net inflows, reversing earlier outflows. Activity on layer-2 solutions increased by 7%, while average user fees decreased by 39%. The liquid supply of Ether rose by 8%, and long-dormant balances decreased by 6%. As a result, the percentage of ETH holdings showing a profit increased significantly, reaching almost 90%. The total value locked in Ethereum's DeFi ecosystem reached $63.2 billion. Daily perpetual futures turnover averaged $51.4 billion, a 56% increase, and futures open interest totaled $14.5 billion at the end of June. Options open interest stood at $5.3 billion. Ethereum's inflation rate remained relatively low, at about 0.75% annually. Holders used the price recovery to reposition, with liquid coins increasing and untouched coins decreasing, suggesting profit-taking rather than widespread selling. To sustain this positive trend, continued ETF inflows and favorable fee conditions are necessary.

Polkadot, a blockchain project that aims to connect different blockchains, is undergoing significant changes including a new governance system called OpenGov and a flexible coretime model that replaces parachain auctions. While its current price is around $3.50, some analysts predict a potential increase to $25-$35 if the altcoin market improves, with more optimistic forecasts suggesting prices above $50. The project is focusing on improving its technology, decentralization, and usability, which could position it for a strong comeback when market interest shifts back to infrastructure-focused projects. Polkadot's market capitalization is relatively low compared to other similar projects, leaving room for potential growth.

President Trump is expected to direct federal agencies to remove barriers preventing 401(k) plans from including cryptocurrencies and other alternative investments like gold and private equity. This could affect the $8.9 trillion U.S. retirement system, potentially allowing 70 million workers to invest in assets beyond traditional stocks and bonds. Major financial firms like BlackRock, Apollo, and Blackstone are preparing for these changes, with some arguing that access to private assets could boost returns. However, financial experts warn about the significant risks associated with cryptocurrencies due to their volatility, with some studies showing Bitcoin being much more volatile than the S&P 500. Other countries like Japan and the UK have already started exploring or implementing crypto investments in pension funds, while some U.S. state and local pension systems have also begun investing in crypto. Following reports of the expected order, Bitcoin's price increased and the cryptocurrency has gained more than 40% over the last three months. The executive order may include legal protections for plan administrators offering these riskier assets, which might encourage more employers to add them to retirement plans, likely starting with small allocations.

President Trump signed the GENIUS Act into law, a move witnessed by crypto leaders like Tether's CEO Paolo Ardoino and Coinbase's CEO Brian Armstrong. The Act aims to regulate the stablecoin market, which has a net valuation of over $264 billion. This new legislation is expected to attract more institutional investment into the cryptocurrency space by providing a clearer regulatory framework for stablecoins. SEC Commissioner Hester Peirce has invited investors and market participants to engage with the Crypto Task Force to help the SEC provide further guidance following the Act. It is anticipated that mainstream adoption of crypto, facilitated by stablecoins, will positively impact the current bull market by providing a major source of liquidity.

Solana is showing strong positive signals, gaining mainstream attention with a feature on CNBC. A golden cross pattern is forming on Solana's daily chart, indicating a potential uptrend. Technically, Solana broke above a cup-and-handle pattern, targeting $201.5 and possibly $220. There has been significant stablecoin activity, with $3 billion USDC minted on Solana this July. A liquidation heatmap suggests a possible short-term pullback to the $170-$175 range before further gains.

A Russian senator has proposed allowing companies registered in two special administrative regions (SARs) on Russky Island and Oktyabrsky Island to conduct settlements in cryptocurrencies. These regions have flexible tax and currency regulations, and the senator believes this would not conflict with the central bank's policy that restricts crypto payments within Russia. The goal is to attract foreign companies with Russian roots and bring crypto assets of Russian origin back into the country. While cryptocurrencies are recognized as property, their use for payments within Russia is currently prohibited, except for cross-border settlements under strict supervision. There are nearly 500 companies registered in these SARs, including the tech giant Yandex. Experts believe the idea is sound but requires approval from the Bank of Russia to ensure compliance with the law.

President Trump signed the GENIUS Act into law, establishing official rules for stablecoins in the United States. The law aims to provide a legal framework for stablecoins, marking a significant step in crypto regulation. Trump highlighted crypto's potential and contrasted his support with the Biden administration's stance. He also acknowledged contributions from Republican lawmakers and crypto industry leaders like Coinbase's Brian Armstrong and Circle's Jeremy Allaire. Concerns were raised by Democrats, including Senator Elizabeth Warren, regarding potential conflicts of interest due to Trump's financial ties to crypto projects, estimated around $620 million, including holdings in World Liberty Financial and revenue from his meme coin, $TRUMP. In addition to the GENIUS Act, the House passed two more crypto-related bills: one preventing the Federal Reserve from creating a central bank digital currency and another, the Clarity Act, which limits the SEC's oversight of crypto, expanding the industry's operational freedom. Trump promised further growth for the crypto industry.

The value of cryptocurrencies associated with the United States increased after the U.S. House of Representatives passed three crypto-related bills. The combined market value of these U.S.-linked crypto assets is now $542 billion, a 6.5% increase in the last 24 hours. Specifically, Uniswap's UNI token rose nearly 16% to $10.14, Telcoin (TEL) increased by 7% to $0.0065, and Optimism (OP) saw an 8% gain, reaching $0.75.

President Trump signed the GENIUS Act into law, which regulates dollar-backed stablecoins by requiring them to have 1:1 reserve backing and establishes federal licensing for issuers, placing oversight with regulators. This happened after a failed initial vote in the House, which was reversed after Trump's intervention. Simultaneously, the SEC is considering easing regulations for tokenized securities to support new trading models. However, Democratic lawmakers are strongly opposing these changes, arguing they favor crypto elites and create risks for consumers, with Representative Waters calling the GENIUS Act the CALAMITY Act. The GENIUS Act allows for an 18-month period for agencies to finalize stablecoin regulations, while the SEC's tokenization tweaks remain in consultation. Democrats are expected to continue challenging these new crypto regulations.

Donald Trump is considering imposing a 20% tariff on all goods imported from the European Union if a trade deal isn't reached by August 1. This comes after rejecting the EU's offer to ease auto tariffs and wanting to keep tariffs on European cars locked at 25%. If no deal is made by the deadline, tariffs could hit 30%. The EU might retaliate, especially since the U.S. already has 50% duties on EU steel and aluminum. Brussels is planning countermeasures starting August 6, including duties on $21 billion of U.S. goods, such as chicken and jeans, and another package targeting $72 billion, including bourbon and Boeing aircraft. The U.S. imports $380 billion in EU exports annually, accounting for a fifth of all European exports, making the U.S. the EU's biggest customer. News of these potential tariffs caused a slight dip in U.S. markets, with the S&P 500 dropping 0.2%.

President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law after it passed the House of Representatives with a 308-122 vote. This occurred during what Republicans declared "Crypto Week," where the GENIUS Act was considered alongside the CLARITY Act and the Anti-CBDC Act, although these bills initially failed a procedural vote earlier in the week. The GENIUS Act focuses on stablecoins. While the crypto community generally supports the law, some Democrats like Congresswoman Maxine Waters oppose it, claiming it legitimizes crypto scams.

The WLFI governance token from World Liberty Financial, a platform backed by Donald Trump's family, is set to begin trading within six to eight weeks from July 18. This follows a community vote where 99.94% of participating token holders approved the lifting of transfer restrictions. The development team will now transition WLFI to a permissionless circulation model, allowing peer-to-peer transfers and listings on external exchanges. Initial liquidity will be provided to early supporters, while allocations for founders, the team, and advisors will remain locked pending a future community vote. This upcoming vote will also determine parameters for token emission, incentive programs, and treasury actions. The project aims to integrate traditional financial services with on-chain products, including the WLFI token and the USD1 stablecoin. The company will release more details about eligibility requirements before trading commences, and plans to focus on exchange listings to broaden market reach.

Bit Origin Ltd, a publicly traded cryptocurrency company, plans to invest up to $500 million in Dogecoin to make it a treasury reserve asset. They intend to raise $400 million through stock issuance and $100 million through debt, with initial funds already allocated to begin purchasing Dogecoin. The company believes Dogecoin's transaction speed, low fees, and large user base make it a good payment option, especially with the upcoming launch of X's payment feature. This move aims to increase Bit Origin's Dogecoin-per-share value and signals a broader trend of companies adding cryptocurrencies to their treasury strategies. Following the announcement, Dogecoin's price increased by 10% to $0.2327, with a surge in trading activity and positive sentiment among traders.

An IMF report revealed that El Salvador did not purchase any new Bitcoin in 2025, despite public claims from President Bukele and the National Bitcoin Office that they were buying one Bitcoin per day. The IMF stated that El Salvador's Bitcoin holdings remained unchanged since December 2024 when an agreement was made with the IMF. Publicly visible Bitcoin wallets showed increases, but the IMF clarified that these increases were due to internal transfers between government-owned wallets, not new purchases using taxpayer money. El Salvador reversed its decision to recognize Bitcoin as legal tender in January 2025 and agreed not to use public funds to acquire more Bitcoin as part of its agreement with international lenders. The IMF report also mentioned irregularities in the government's Chivo e-wallet system, and El Salvador has agreed to end public-sector involvement in the Chivo Wallet by the end of July 2025.

President Trump signed the GENIUS Act into law, which is the first major crypto bill in the United States, focused on stablecoins. This law legalizes stablecoin issuance and trading, aiming to provide regulatory clarity for banks, retailers, and financial firms to participate in the stablecoin market. The signing ceremony was attended by crypto industry leaders from companies like Coinbase, Circle, Robinhood, and Tether, along with government officials. While the GENIUS Act is a significant step, efforts continue to pass broader crypto market structure legislation that would address the classification of various tokens and oversight of crypto exchanges. This broader legislation has passed the House but faces uncertainty in the Senate. Crypto executives see this next phase as crucial for establishing comprehensive crypto regulation in the U.S.

President Trump has signed the GENIUS Act into law, creating the first U.S. regulatory framework for stablecoins. The law sets standards for dollar-backed stablecoins, requiring full collateralization and regular audits. Trump has reportedly earned over $620 million from crypto ventures since returning to office, leading to ethical concerns about conflicts of interest. While Democrats raised concerns, the GENIUS Act had bipartisan support, and two additional bills, the Clarity Act and the Anti-CBDC Act, aimed at broader crypto oversight and preventing a central bank digital currency, have passed the House and await Senate approval. Crypto advocates view the GENIUS Act as a significant step towards mainstream adoption of stablecoins.

President Trump signed the GENIUS Act into law, creating the first federal regulations for stablecoins in the US. This new law requires stablecoin issuers to obtain licenses and provides federal agencies with oversight authority. The Act demands that stablecoins be fully backed by liquid assets like cash or Treasury bills and that issuers publicly disclose their reserves monthly. These regulations are intended to ensure stablecoins maintain their value relative to the dollar and to prevent practices that could destabilize the cryptocurrency market. The bill passed in the House by a vote of 308 to 122.

XRP's Open Interest, which reflects the total value of outstanding XRP futures contracts, has reached a new high of over $10 billion. This increase suggests heightened trading activity and investor interest in XRP. The price of XRP has also been climbing, trading around $3.50, a significant rise from previous months. Major crypto exchanges like Bitget, Binance, Gate, and Bybit are contributing to this surge in Open Interest. One crypto analyst, Armando Pantoja, has projected that XRP could reach targets of $4, $6.37, and even $8.12 before the end of 2025.

The crypto market is anticipating an altcoin season, leading to discussions about whether XRP could potentially overtake Ethereum in market value. Arthur Hayes predicts Ethereum will outperform XRP, citing Bitcoin's recent all-time high and Ethereum's expected rise. He believes the Ethereum ecosystem will thrive. Conversely, Dom Kwok maintains that XRP will surpass Ethereum, a prediction he made earlier this year. He points to the potential influence of the RLUSD stablecoin and the launch of XRP ETFs as factors that could boost XRP's demand and price. Kwok also suggests that XRP's relatively low price compared to Bitcoin and Ethereum makes it attractive to new retail investors. Ripple's decision related to the XRP lawsuit could also facilitate the launch of these ETFs, positively impacting XRP's value.

Ethereum ETFs experienced record inflows of $602.02 million on July 17, surpassing Bitcoin ETF inflows of $522.60 million for the first time. BlackRock's Ethereum ETF (ETHA) dominated, receiving $546.70 million, representing over 90% of total Ethereum ETF inflows. Overall, Ethereum ETFs have a total net asset value of $17.32 billion with a trading value of $2.29 billion. Bitcoin ETFs saw $497.30 million inflows into BlackRock's IBIT. The total trading value of Bitcoin ETFs is $3.76 billion, pushing the net asset value to $154.61 billion. The surge in Ethereum ETF inflows corresponded with Ethereum's price rising above $3,600, which led to crypto-linked stocks like Coinbase and Circle experiencing gains.

Cardano is showing signs of a potential significant price increase as buyers are actively maintaining a crucial price level. Trading activity on Binance, a major cryptocurrency exchange, has surged, with total volume reaching $774 million. This increased activity suggests heightened interest in Cardano, possibly indicating a forthcoming breakout.

Bitcoin experienced a slight dip, falling to $117,500, after reaching highs above $120,000 earlier in the week and a peak near $124,000. However, it remains stable on the weekly chart. Ether briefly neared its 2025 high around $3,700 before settling at $3,550. XRP surged past its 2018 record, hitting $3.60 before retracting to $3.40, still up 4% for the day and 35% for the week. Other cryptocurrencies like Dogecoin, SUI, Cardano, Avalanche, and Uniswap saw significant gains. Coinbase suggests that this rally is supported by structural strength rather than speculation, noting healthy derivatives markets and no signs of excessive leverage. The GENIUS Act, focused on stablecoin regulation, is expected to be signed into law, potentially signaling regulatory clarity for crypto. Consumer sentiment remains somewhat cautious, but overall, the crypto market shows signs of resilience with potential for further growth.

Charles Schwab, a major investment firm, is planning to offer its clients the ability to directly trade spot Bitcoin and Ethereum. This means Schwab customers will potentially be able to buy and sell these cryptocurrencies directly through Schwab's platform sometime in the near future.

President Trump has signed the GENIUS Act into law, creating the first comprehensive U.S. regulatory framework for stablecoins. This law, aimed at regulating the $250 billion stablecoin market, requires full collateralization with U.S. dollars or high-quality liquid assets, and mandatory annual audits for large issuers. It passed with bipartisan support after overcoming some initial resistance. The GENIUS Act is part of a broader "Crypto Week" in Congress, which also saw the passage of the Clarity Act, addressing the distinction between securities and commodities for digital assets, and the Anti-CBDC Surveillance State Act, preventing the Federal Reserve from issuing a digital dollar directly to the public. Trump joked at the signing ceremony that the bill was named after him and emphasized his opposition to central bank digital currencies.

Shiba Inu's price has been increasing, rising from around $0.0000129 to $0.0000146 recently, and is currently at $0.00001447. This represents a 0.83% increase in the last day and an 8.6% increase over the past week. An analyst, GehavianGoals, predicts this positive trend will continue, potentially reaching $0.00003352, citing the coin's rebound from a resistance level as a key factor. There's also increased activity on the Shiba Inu network, with new active addresses up nearly 40% and active addresses up over 35%. However, the number of addresses with zero SHIB balance has also increased by nearly 39%. Long-term holders are reportedly not selling, indicating confidence in the token's future value, which contributes to the positive market sentiment.

Dave Portnoy, the founder of Barstool Sports, expressed regret over selling his XRP holdings prematurely. He stated he would have made millions of dollars had he held onto the cryptocurrency as it experienced a significant price increase. Portnoy publicly lamented his decision, indicating disappointment at missing out on substantial potential profits due to the XRP price surge after he sold.

President Trump signed the GENIUS Act into law, which creates rules for stablecoins in the US. The law requires stablecoins to be backed by safe, liquid assets like US dollars and short-term Treasury bills, and issuers must reveal their reserve composition monthly. The bill passed with a vote of 308 to 122, showing bipartisan support. The stablecoin market is currently valued at over $260 billion, and Standard Chartered Bank estimates it could grow to $2 trillion by 2028 because of the new law's clarity. The crypto industry spent over $245 million lobbying for the bill and supporting pro-crypto candidates. Some critics are concerned that the law doesn't prevent large tech companies from issuing stablecoins, which could increase their power. Others want stronger anti-money laundering measures and restrictions on foreign stablecoin issuers. JPMorgan analysts believe that stablecoin issuers may become major buyers of US Treasury bills.

World Liberty Financial (WLF), a crypto business associated with the Trump family, has increased its holdings of Ethereum (ETH) to 70,143, now valued at $251 million. The company spent $3 million in USDC to acquire 861 ETH on July 18, adding to previous purchases made between November 2024 and March 2025. WLF's total investment in ETH is showing an unrealized profit of about $26 million, as the price of ETH has risen above their average purchase price of $3,249 per coin. Other entities are also accumulating ETH, including SharpLink Gaming, which is now the largest corporate holder, and newly created wallets that have acquired significant amounts of ETH from exchanges. Spot Ethereum ETFs are also experiencing growth, with BlackRock's ETHA seeing substantial inflows.

Strategy, a major Bitcoin holder with a $72 billion stash, is keeping the details of its Bitcoin custody arrangements secret, using multiple custodians. Coinbase is confirmed as one of the custodians, with speculation suggesting Fidelity may also be involved. Coinbase CEO stated his company holds Bitcoin for eight of the top ten publicly traded companies with Bitcoin on their balance sheets and stores 81% of the crypto in US ETFs. Strategy has only disclosed that its custodians are U.S.-based, institutional-grade, and regulated by the New York Department of Financial Services (NYDFS). While Coinbase is the main market for Strategy's Bitcoin purchases, Arkham Intelligence found $70,000 worth of the companys BTC going to Fidelity. The article draws parallels to the FTX collapse, highlighting the risks associated with lack of transparency in custody, but Strategy CEO does not plan to reveal the custodians because of security concerns. Some feel that as a public company, Strategy is expected to provide some amount of disclosure.

21Shares, a crypto investment firm managing over $11 billion in assets, has partnered with Teucrium to file for two new crypto ETFs with the U.S. Securities and Exchange Commission (SEC). The first ETF, the 21Shares FTSE Crypto 10 Index ETF, will track the performance of the top ten largest cryptocurrencies based on their market value. The second, the 21Shares FTSE Crypto 10 ex-BTC Index ETF, will track the same index but exclude Bitcoin. These funds are designed to offer investors diversified and easy access to digital assets, and are structured under the 1940 Act funds, providing familiar taxation. The company aims to provide ETF structures to satisfy the growing demand, subject to regulatory approval.

President Trump signed the GENIUS Act into law on July 18, establishing the first federal regulatory framework for dollar-backed stablecoins in the United States. The legislation aims to secure US leadership in crypto technology by providing a framework for issuing and overseeing stablecoins. The Federal Reserve will license and supervise national-level institutions, while state-chartered firms can issue stablecoins if they meet equivalent standards for reserves, disclosures, and risk controls. Issuers must back each token with high-quality liquid assets and provide regular reports. The law also guarantees consumers the right to redeem stablecoins at face value and requires reserve assets to remain segregated. The House cleared the GENIUS Act 307-122, and the Senate approved the consolidated version, completing the process for the bill to become law.

Morgan Stanley's chief US equity strategist, Mike Wilson, predicts a potential dip in the stock market during the third quarter. He attributes this risk to the moderate impact of tariffs affecting the cost of goods sold. Wilson anticipates a correction of around 5-7%, though it could be larger for some companies. He believes the market is already pricing in this impact as temporary, with earnings growth prospects for 2026 appearing more favorable. Wilson hopes for this pullback to create buying opportunities within what he views as a new bull market.

Binance Coin (BNB) is currently trading around $738, and analysts are observing a potential breakout from a long-term price consolidation pattern. BNB is testing resistance between $747 and $793, a level that has held since mid-2021. A successful break above $793.86 could lead to a significant price increase, with targets potentially reaching $2,260 based on technical analysis. Support for BNB is established at $211.70. Trading volume has increased, signaling growing interest from buyers, including institutional investors. If BNB closes above $793.86 this month, it could confirm a breakout from a wedge pattern on the monthly chart, potentially opening the door to further gains towards $1,500 and beyond.

A crypto analyst known as Crypto Kaleo predicts that Dogecoin (DOGE) could increase in value by over 2,600% this market cycle, potentially reaching a price of nearly $7. This would give Dogecoin a market capitalization of $1 trillion. The analyst bases this prediction on Dogecoin's performance relative to Bitcoin in the previous market cycle, anticipating a similar pattern. Dogecoin is currently trading at $0.24, up almost 10% in the last 24 hours, and the analyst suggests it is breaking out against Bitcoin, signaling a possible surge in price.

Coinbase's stock, COIN, reached a new all-time high today, exceeding its previous peak from April 2021. The stock price initially surged to $444, a 3.5% increase over the prior high of $429. However, the price has since decreased to around $418. Despite this volatility, COIN is still up 1.6% for the day, while broader market indices like the S&P 500 and Nasdaq are slightly down.

Ripple and Circle, two prominent cryptocurrency companies, are encountering opposition from U.S. banking associations regarding their efforts to obtain banking licenses. These associations are reportedly resistant to the idea of crypto firms gaining access to the traditional banking system through licensure. This resistance could potentially impact Ripple's and Circle's ability to offer certain financial services and integrate more fully with established banking infrastructure in the United States.

Transaction volume on the SWIFT network decreased by 15%. Meanwhile, activity on Ripple's XRP Ledger has significantly increased, suggesting a shift in payment processing.

World Liberty Fi's native voting token, WLFI, is expected to become tradable on exchanges in 6-8 weeks following a community vote to allow trading. The token is currently held by over 85,000 holders, including large investors. The community expressed some disappointment with the delay in making the token tradable, fearing it could negatively impact demand. Currently, WLFI has limited price discovery mechanisms, primarily relying on pre-market trading on LBank, where it trades around $0.76 with limited volume. It also trades on MEXC at around $0.22, but these tokens are not currently transferable. WLFI functions as a voting and governance token until it launches for trading. World Liberty Fi is also active in trading various crypto assets, with over $201 million in its portfolio, and uses its USD1 stablecoin within the BNB Smart Chain ecosystem.

Jarett Dunn, a former senior developer at Pump.fun, is in jail in London after violating his bail conditions. He is awaiting trial for stealing approximately $2 million from Pump.fun in May 2024. Dunn initially pleaded guilty to fraud but is now trying to withdraw that plea. He could face at least seven years in prison. He stole the funds during his six weeks of employment at the company by exploiting his access to private keys and diverting them to random wallets. Dunn publicly claimed responsibility for the theft and expressed his dislike for the platform. The breach of his bail conditions happened when he moved without authorization, leading to his arrest. The case highlights a growing problem of insider threats in the cryptocurrency industry. Despite the theft, Pump.fun has become a successful platform, recently completing a $600 million initial coin offering and surpassing $770 million in lifetime revenue.

Market data indicates that Bitcoin's current price is significantly below its historical peak. The article does not provide specific price figures or percentages related to the difference between the current price and the all-time high, but it emphasizes that despite this distance from its peak, substantial risk factors still exist in the Bitcoin market. The details of these risk factors are not elaborated upon in this summary but their presence is noted as a key takeaway.

President Trump has signed the GENIUS Act into law, which passed the House with a 306-122 vote. This is the first federal crypto law in the US, specifically regulating stablecoins. The law requires stablecoin issuers to maintain full 1:1 reserves, undergo regular audits, and register with federal or state regulators. While Trump jokingly suggested the act was named after him, the law aims to provide a regulated framework for stablecoins. US regulators have until 2026 to create rules for licensing and enforcing the new stablecoin regulations. Some Republicans, like Representative Marjorie Taylor Greene, oppose the act, fearing it could lead to a central bank digital currency, while supporters argue it bans algorithmic stablecoins and ensures regulated digital dollars, not government-controlled ones.

Worldcoin (WLD) has experienced a price increase, gaining over 5% in the last 24 hours and surpassing $1.10. Analysts on X are noting a potential breakout from a long-term downtrend, with the price action suggesting possible targets of $1.60 and $1.75 if the price maintains above the $1.10-$1.13 range. Trading volume has increased, reaching $568.1 million, and market capitalization has reached $2 billion, ranking WLD 66th among cryptocurrencies. Technical indicators, such as the 20-day simple moving average and the Bull-Bear Power indicator, suggest a bullish trend, with a potential test of the $1.30-$1.40 range in the short term. However, failure to hold above the $1.10-$1.13 support would negate the bullish outlook.

Ethereum's price has been rising, increasing over 44% in the last month and recently reaching around $3,640. Analysts are now predicting it could reach $8,000 faster than previously thought, with some even suggesting a rise to $20,000 in the next bull market. This optimism is driven by large investments from institutions, excitement around new Ethereum ETFs, and growth in decentralized finance applications. BlackRock and iShares are pushing for Ethereum ETFs that offer staking rewards, attracting more institutional investment. Ethereum ETFs have already seen $5.5 billion in inflows since launch. The rise is also supported by increased activity on Layer 2 networks like Arbitrum and Optimism. Technical indicators show Ethereum is currently overbought, suggesting a possible short-term pullback, but the overall trend remains positive.

The GENIUS Act has been signed into law by President Trump, marking it as the first major piece of crypto legislation to pass. The bill's enactment signifies a new regulatory landscape for the cryptocurrency industry in the United States.

dYdX, a cryptocurrency exchange, has acquired Pocket Protector, a trading application that operates within the Telegram messaging platform. Pocket Protector gained 50,000 users and reached $1 billion in annualized trading volume in less than a year. As part of the deal, Pocket Protector's co-founders, Eddie Zhang and Kaiser Kinbote, will join dYdX as President and Head of Growth, respectively. The integration will see Pocket Protector's features, such as Telegram-based trading, incorporated into the dYdX platform, aiming to improve user experience and expand the exchange's product offerings. dYdX views this acquisition as a move from infrastructure development to user-focused expansion, with plans to hire more staff in research and engineering. This acquisition highlights the growing trend of using messaging apps for cryptocurrency trading, especially in areas where access to traditional desktop platforms is limited.

The article reports on Ripple's RLUSD stablecoin gaining recognition in the market. It states that RLUSD has achieved a ranking higher than established stablecoins like USDT (Tether) and USDC (USD Coin). The report does not provide specifics on the criteria for the ranking or the current market share of RLUSD, but emphasizes its improved position relative to USDT and USDC.

SEC Chair Paul Atkins has signaled a shift towards clear and reliable rules for crypto and digital assets, moving away from surprise enforcement. Legislation has clarified that meme coins and stablecoins are not securities. The SEC is exploring exemptions to support tokenization while protecting investors, with stablecoin oversight shifting to banking regulators. There's growing interest in allowing 401(k) investments in private equity and crypto, but Atkins emphasizes the need for strong safeguards and clear disclosures. The Trump administration may issue an executive order to expand 401(k) investment options to include crypto. Atkins has reversed over a dozen proposals from the Biden era and is considering changes to executive pay disclosures and reporting requirements for private fund advisors. Significant rulemaking activity is expected in the second half of 2025, focusing on transparency and innovation.

The price of the $HYPE token, associated with the Hyperliquid platform, is currently down, while the price of Ethereum is up. $HYPE is trading around $45, which is below its recent high. Even though the token price is down, the Hyperliquid platform itself is doing very well, with record-high trading volumes of almost $19 billion in a day. Ethereum's price increase seems to be taking attention away from other cryptocurrencies like $HYPE. Technical indicators suggest that the buying momentum for $HYPE has slowed down. Despite the recent price dip, Hyperliquid's revenue is also at an all-time high and several publically listed companies have added the token to their treasury reserves. Analysts are watching to see if $HYPE can break above the $50 price level, which could lead to a further increase to $60. However, if it falls below $45.55, it may drop further.

David Bailey's hedge fund, 210k Capital, has achieved a 640% net return over the past year by investing in publicly traded companies and guiding them to adopt Bitcoin treasury strategies. The fund, which manages $433 million in assets as of June 30, targets small-cap firms, turning them into Bitcoin proxies. One notable example is The Smarter Web Plc, which saw its shares surge after raising funds to buy Bitcoin; 210k Capital's initial stake is now worth nearly $110 million. Another successful investment is Metaplanet, a Japanese hotel chain that pivoted to holding Bitcoin, with 210k Capital's stake now valued at over $106 million. However, the strategy also carries risks, as demonstrated by the volatility in Smarter Web's stock and the significant drop in SharpLink Gaming shares. Despite these risks, 210k Capital is exploring Bitcoin treasury conversions with 30 more companies, particularly in regions where Bitcoin ETFs are not available.

Dogecoin's price increased by 14% in a 24-hour period, exceeding $0.20. Trading volume surged to $16.8 billion, indicating strong market activity. Blockchain data suggests the next potential price target is around $0.36, where a significant number of Dogecoin holders previously purchased their coins. A chart pattern called a falling wedge has broken out, hinting at a possible price target near $0.54. Bit Origin has announced plans for a $500 million Dogecoin treasury, which may be contributing to investor confidence. The overall meme coin market has grown significantly in July, adding $17 billion in value.

U.S. banks are concerned that stablecoins could lead to a significant outflow of deposits, potentially reaching $6.6 trillion. This concern has grown following the passage of the GENIUS Act, which establishes legal guidelines for stablecoins. Banks are worried that even with the Act's ban on paying interest directly, crypto companies may find ways to incentivize stablecoin holding, drawing customers away from traditional bank accounts. For example, Coinbase offers rewards for holding USD Coin (USDC), which banks see as similar to paying interest. Banks are also concerned about stablecoin issuers not facing the same capital and liquidity requirements as banks, and about the potential for non-banks to access the Federal Reserve's financial support. This could create risks and make it harder for banks to provide loans. While some banks are fighting this trend, others are exploring launching their own stablecoins. Payment companies like Mastercard see stablecoins as a way to improve cross-border payments.

Bitcoin is gaining mainstream traction as publicly traded companies increasingly add it to their holdings. Currently, 125 public companies hold Bitcoin, collectively owning 847,000 BTC, worth approximately $91 billion. This accumulation is seen as a sign of confidence in Bitcoin as a hedge against inflation. Bitcoin's price has surged, reaching a new all-time high, driven by this increased demand from corporate firms and a clearer regulatory environment. This price increase allowed BTC to surpass Amazon in market capitalization, making it the fifth-largest asset globally. MicroStrategy is leading the charge in Bitcoin accumulation, followed by MARA Holdings, Twenty One, Riot Platforms, and Mateplanet. MicroStrategy's stock has seen significant returns since adopting a Bitcoin standard in 2020.

Ethereum has risen over 70% since mid-June, recently surpassing $3,500. The increase is supported by a premium on Coinbase, indicating heavy buying from US institutions and high-net-worth individuals. This renewed interest is attributed to clearer regulatory signals and increased ETF inflows. Ethereum's price is currently around $3,620, up over 21% for the week, having broken through the $2,852 resistance level. Analysts are watching closely to see if this momentum will continue, with the next resistance level around $3,742.

The GENIUS Act, designed to regulate stablecoins in the U.S., is expected to be signed into law by President Trump. Circle, the company behind USD Coin (USDC) with a $64.5 billion market cap, is considered an early winner because its current practices already align with the new regulations. Major banks like JPMorgan, Citigroup, and Bank of America, are also positioned to benefit, potentially issuing their own stablecoins. The Trump-backed USD1 stablecoin project could gain legitimacy, while the Trump family benefits from exemptions related to members of Congress. Custodia Bank, a crypto bank, faces uncertainty due to previous challenges in accessing the U.S. payment system, but has a patent on bank-issued stablecoins that could be used as leverage. Tether, responsible for the $160 billion USDT, is considered a loser as the act restricts foreign issuers. Big Tech companies like Meta, Apple, Amazon, and X (formerly Twitter), also face strict hurdles requiring unanimous approval to issue stablecoins.

Microsoft has shut down its Movies & TV store on Xbox consoles and Windows PCs, effective today. Users can no longer purchase new movies or TV shows through the Microsoft Store on these platforms. Previously purchased content remains accessible through the Movies & TV app on Windows and Xbox, with Microsoft continuing to support playback issues. No refunds will be offered for previous purchases. This move allows Microsoft to focus on delivering video content through third-party services like Amazon, Netflix, and Apple TV. Netflix, a major competitor, reported strong profits for the April-June quarter, with revenue up 16% to $11.08 billion and a profit of $3.1 billion. They are optimistic about subscriber growth due to their content portfolio. Netflix also highlighted its significant investment in the US, totaling an estimated $125 billion between 2020 and 2024.

Custodia Bank's CEO Caitlin Long reports that the cryptocurrency industry and traditional banks are in a major policy battle in Washington D.C. regarding crypto legislation. According to Long, the crypto industry has been gaining ground in this battle. The House of Representatives recently passed the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act. However, only the GENIUS Act, which sets federal rules for stablecoins, has been approved by both chambers of Congress so far. Long believes the US government needs demand for US Treasuries to address fiscal deficits, and the crypto market could provide new buyers.

JPMorgan's research indicates that global financial regulators outside the U.S. are leaning towards tokenized bank deposits rather than stablecoins. These tokenized deposits, issued by commercial banks and integrated within the existing financial system, offer similar protections to traditional deposits, such as central bank access and anti-money laundering compliance. Regulators favor the non-transferable type of tokenized deposits because they reduce price fluctuation risks. While stablecoins are more common in crypto markets, they often rely on the traditional banking system for backing. The UK questions allowing commercial banks to issue stablecoins under frameworks that don't generate yield. In contrast, the U.S. is considering legislation (the GENIUS Act) that would allow banks to issue stablecoins directly. JPMorgan is exploring tokenized solutions through JPMD and testing stablecoins behind closed doors, with potential applications in settlement and cross-bank transfers.

The U.S. House of Representatives passed three cryptocurrency-related bills. The GENIUS Act, aimed at regulating the $250 billion stablecoin market by improving consumer protection, transparency, and oversight, was passed with a vote of 206-102 and is now headed to the President to be signed into law. The CLARITY Act, which seeks to establish a regulatory framework for crypto assets, and the Anti-CBDC Surveillance State Act, which would prohibit the Federal Reserve from issuing central bank digital currencies, were also passed by the House and will be sent to the Senate for consideration. Despite the GENIUS Act's passage in the House, Republican Senator Josh Hawley opposes it, claiming it favors large tech companies. President Trump is expected to sign the GENIUS Act into law.

Dave Portnoy, the founder of Barstool Sports, expressed regret after selling his XRP holdings at $2.40, just before it surged to an all-time high of $3.65. He admitted this decision cost him potential millions. The surge in XRP's price followed the passage of pro-crypto legislations in the US, including the GENIUS Act on July 9, which boosted investor optimism. XRP's momentum also saw a record $8.8 billion in perpetual futures open interest, indicating increased institutional activity. The token's rise is being closely monitored as regulatory developments could significantly impact its future.

U.S. consumer sentiment increased to 61.8 in early July, the highest level in five months, driven by easing inflation expectations. Short-term inflation expectations fell to 4.4%, the lowest since February, while long-term expectations dropped to 3.6%, a five-month low. However, concerns about business conditions, labor markets, and personal income persist. Retail sales in June rose by 0.6%, exceeding expectations, and there's been a recent uptick in airport traffic. Upcoming tariffs scheduled for August 1st could potentially impact retail prices and consumer sentiment negatively, possibly leading to recession warnings.

XRP experienced price volatility, reaching $3.65 before settling around $3.37. Market analysts suggest a potential upward trend, with targets of $3.84, $4.33, and $4.72 being monitored. A key factor influencing XRP's price is the Ripple vs. SEC legal case, which appears to be nearing its end. A former SEC lawyer indicated that the SEC is undergoing standard internal procedures before potentially dropping its appeal, with a status update due by August 15. If the SEC drops its appeal and XRP maintains support above $3.20, a push towards $4 or higher is possible. The immediate focus is on whether XRP can reach $3.84 and hold its support level.

The U.S. Commerce Department is imposing a preliminary 93.5% anti-dumping tariff on anode-grade graphite imports from China, a key material for electric vehicle batteries. This tariff is set to take effect on December 5, 2025. News of the tariff caused shares of graphite producers outside of China to increase, with Syrah Resources rising 22% and Nouveau Monde Graphite jumping 26%. The tariff responds to allegations that Chinese graphite is being sold at unfairly low prices due to state subsidies. While some, like Novonix, view this as a boost for building a domestic supply chain, companies such as Tesla and Panasonic are against the tariffs, arguing that U.S. graphite producers cannot yet produce the required quality and quantity. They are concerned because the tariffs could increase costs for EV battery and vehicle manufacturers by potentially removing up to 20% of the value of generous federal production credits introduced by the Biden administration.

A crypto analyst suggests Dogecoin might increase by over 76% if it breaks through a $0.36 resistance level, potentially reaching $0.42, as it appears to be forming a double bottom pattern. Dogecoin is currently trading at $0.238, up 12.5% in the last 24 hours. The same analyst also indicates that Bitcoin could rise more than 12% if it maintains support at $121,000, potentially rallying towards $132,000. Bitcoin faces resistance around $121,500 due to leveraged short positions. Furthermore, the volume of large Bitcoin transactions has reached a three-month high, signaling bullish market sentiment. Bitcoin is currently trading at $117,770.

Charles Schwab CEO Rick Wurster announced that the company plans to offer Bitcoin and Ethereum trading to its customers. This decision is driven by significant client demand to view all their assets in one place. Schwab's customers already hold about $25 billion in crypto exchange-traded products, representing a small fraction of the firm's total client balances of $10.8 trillion. The move aims to attract customers who currently hold crypto on other platforms like Coinbase, offering them a consolidated view alongside their other investments at Schwab. Wurster anticipates that offering direct custody of Bitcoin and Ethereum will attract assets currently held elsewhere. The company will apply the same custody standards used for traditional securities to these crypto assets, and the launch is expected to happen sometime soon. Schwab aims to compete directly with Coinbase by providing 24/7 service, research tools, and integrated portfolio reporting.

Optimism (OP) has broken through a key resistance level, turning it into a support level, which often signals a potential price increase. Technical indicators suggest that the price is gaining momentum, with analysts predicting it could reach new highs for July. Specifically, one analyst points to a potential target range of USDT 0.91 to USDT 0.93, contingent on OP holding above USDT 0.69. Over the last 24 hours, Optimism's price increased by 8.97%, reaching USDT 0.78, supported by a significant surge in trading volume, reaching USDT 556.8 million. Optimism's market capitalization has grown to USDT 1.36 billion, ranking it #93 overall. The daily chart shows a bullish breakout, with the price exceeding a previous range and closing above the upper Bollinger Band at USDT 0.759, suggesting increased volatility and potential for further gains. As long as OP stays above this band, the upward trend is expected to continue, with a possible short-term support level around USDT 0.75-0.76 before potentially rising towards the USDT 0.85-1.00 range.

Bitcoin's recent price increases are largely being driven by buyers in the United States, as indicated by a rising premium on the Coinbase exchange, which serves US investors, and significant inflows into US Bitcoin ETFs totaling $14.8 billion. This contrasts with South Korea, where Bitcoin is trading at a discount, suggesting weak retail demand in that market. The divergence between US and Korean trading activity raises concerns that the rally is too dependent on institutional investors in the US and lacks broad global participation, which has historically been important for sustaining bull markets. If the US buying pressure weakens or Korean retail investors don't return to the market, the price of Bitcoin may suffer.

The Ethereum market is seeing increased buying activity from large U.S. investors, indicated by a rising Coinbase Premium index. This index reflects higher demand for Ethereum on Coinbase, a major U.S. exchange. SharpLink, a gaming company, has significantly increased its Ethereum holdings, now possessing over $900 million worth. Several other firms, including Bitcoin miners, have also been accumulating Ethereum, with combined purchases exceeding $1.6 billion in the last month. Inflows into Ethereum spot ETFs further suggest growing U.S. investor interest. While the rising Coinbase Premium might suggest the market is overheating, analysts believe there's still room for further price increases after a period of consolidation. Ethereum is currently trading around $3,610, showing significant gains for the day and week.

The U.S. House of Representatives passed the Digital Asset Market Clarity Act, which could classify certain cryptocurrencies like Cardano (ADA) as commodities rather than securities. This could lead to less regulation and open the door for things like Cardano ETFs and more investment from big institutions. To qualify as a commodity, a blockchain must be decentralized, with no single entity controlling more than 20% of the token supply. Cardano seems well-positioned to meet these requirements, boasting over 3,000 independent stake pools and decentralized governance. Following the House vote, the price of Cardano jumped 16% to $0.89, and large investors have been accumulating the token. The Senate will now consider its version of the legislation. If approved, existing blockchains can apply for commodity certification. The outcome could significantly impact the price and adoption of Cardano.

Charles Schwab, managing $10.7 trillion, plans to introduce spot trading for Bitcoin and Ethereum, aiming for launch within 12 months, depending on US regulatory changes. The company also intends to launch a stablecoin and is exploring different methods to do this. This announcement follows a period where spot crypto trading volumes decreased by 22% in the second quarter of 2025, reaching $3.6 trillion. Bitcoin's price saw a 25% increase during this period. In other news, Charles Schwab reported a 60% profit increase due to higher trading activity linked to President Trump's tariffs. Schwab's adjusted earnings per share were $1.14, with client assets rising 14% to $10.76 trillion. Revenue from client trades increased 23% to $952 million, and the company's net income for the quarter ending June 30 was $2.13 billion, or $1.08 per share.

Ethereum's price surged, triggering a rally in the stock prices of companies holding significant Ethereum reserves. SharpLink Gaming (SBET), the largest corporate holder of Ethereum, saw its stock price jump significantly after acquiring more ETH, bringing its total holdings to over $1 billion. Other companies with substantial ETH treasuries, such as Bitmine Immersion Technologies (BMNR), BTCS Inc, and Bit Digital (BTBT), also experienced double-digit percentage gains in their stock prices. The increased interest in Ethereum is reflected in a rise in its price, with analysts suggesting it could reach $4,000. Additionally, inflows into Ethereum ETFs are strong, and open interest in Ethereum contracts has reached a record high, demonstrating growing market participation.

Know Your Customer (KYC) regulations, designed to prevent illicit activities, are increasingly eroding user privacy within the cryptocurrency space. These regulations require users to provide personal information to access crypto services, raising concerns about data security and potential misuse. Zero-Knowledge (ZK) proofs are presented as a potential solution. ZK proofs allow users to verify information without revealing the underlying data itself, offering a way to comply with KYC requirements while preserving privacy.

Avalanche (AVAX) is showing mixed signals. Short-term indicators (1-hour chart) suggest a potential bullish move, while medium-term indicators (4-hour chart) advise caution. AVAX recently tested resistance around $23.24 and is currently consolidating between $22.80 and $23.00. Despite an overall uptrend, a pullback or sideways movement is possible. Key support levels to watch are $22.60, $22.00-$22.20, and $21.60-$21.80. Traders should be aware of overbought conditions signaled by the 4-hour RSI and CCI, which could lead to a short-term price decrease.

SharpLink Gaming, a Nasdaq-listed company, has increased the amount of common stock it can sell to $6 billion, with the intention of using these funds to purchase Ethereum. The company already holds approximately $1 billion worth of Ethereum, making it one of the largest corporate holders of the cryptocurrency. This move is part of SharpLink's strategy to accumulate Ethereum as a treasury asset. Ethereum's price has been rising, recently reaching $3,606.38, with strong trading volume. SharpLink's investment could put upward pressure on Ethereum's value due to potential scarcity and signals growing corporate confidence in Ethereum.

The cryptocurrency Dogwifhat (WIF) is showing signs of a potential price increase. Technical analysis reveals an ascending triangle pattern, suggesting growing buying interest. If WIF breaks through the resistance level of $1.10, it could potentially reach a target price of $2.16. A stop-loss order near $0.87 is suggested for risk management. Trading volume is significant, and technical indicators like Bollinger Bands and Bull-Bear Power suggest strengthening bullish momentum. The current market capitalization of WIF is $1.09 billion, with a total supply of nearly 999 million tokens. If WIF closes above $1.13, the next resistance level is around $1.47.

The crypto market is experiencing a wave of optimism, potentially benefiting altcoins. Lido DAO (LDO) surged 22% to $1.13 after BitGo announced native ETH staking support via the Lido protocol and may rise to $1.34 if it breaks the $1.18 resistance, but could fall to $0.99 if it fails. Ethereum Classic (ETC) rose 15% to $23.01 and could reach $27.21 if it breaks the $24.52 resistance, however, RSI suggests it's overbought and could fall to $20.81. Cardano (ADA) increased by 13.79% to $0.87, aiming for $1.00 by breaching $0.93 resistance, but a drop below $0.85 could lead to a further dip to $0.74.

MEI Pharma has announced a $100 million private investment, becoming the first public company to adopt Litecoin as a treasury reserve asset. The investment involves MEI purchasing Litecoin to hold as a primary treasury reserve. Charlie Lee, the creator of Litecoin, will join MEI's Board of Directors. The deal is expected to close by July 22, 2025, pending approvals, and the funds will be used to acquire Litecoin. GSR will act as MEI's digital asset and treasury advisor to implement this Litecoin Treasury Strategy. Following the announcement, MEI Pharma's stock experienced a surge, increasing 83% in pre-market trading and is up 31% over the last 24 hours.

Several memecoins, including BONK, FLOKI, FARTCOIN, and PEPE, are experiencing price surges amid a broader altcoin rally. BONK's price jumped 78% after a token burn and being added to Grayscale's watchlist; it broke through resistance at $0.0000243 and hit a high of $0.000039. FLOKI rallied after receiving EU regulatory approval for its whitepaper and the growth of its Valhalla game, breaking out of a falling wedge and rising 30% to $0.000142. FARTCOIN broke out of a cup and handle formation, potentially moving towards the $2.00-$2.47 range. PEPE broke above the $0.0000118 level, turning it into support, and could target the next resistance at $0.0000145 and $0.0000162.

The total value of the cryptocurrency market surpassed $4 trillion on Friday, July 18th, driven by gains in major digital currencies. This surge occurred after the U.S. House of Representatives passed three digital asset bills: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Act. The cryptocurrency market cap reached a peak of $4.033 trillion around 2 a.m. ET before falling back down. Currently, the total market capitalization is $3.92 trillion, a 3% decrease from the peak, and trading volume reached $326 billion.

Ripple developers have proposed a new standard, called XLS-0089d, for how tokens on the XRP Ledger (XRPL) display information. This standard aims to improve how tokens are identified and organized, allowing for details like token names, descriptions, and issuer information to be easily accessed. The proposal suggests a 1024-byte metadata field for each token with required fields like ticker, name, description, icon and issuer_name, plus optional fields for real-world asset context, like interest rates or maturity dates. This new standard is optional and backward-compatible, meaning tokens that don't use it will still function normally on the XRPL. The proposal is intended to make the XRP ecosystem more user-friendly without imposing strict rules. Following this news, the price of XRP increased by 6.7% over 24 hours, trading above $3.40.

Charles Schwab, a major investment firm managing over $10 trillion in assets, has announced plans to offer Bitcoin and Ethereum spot trading. CEO Rick Wurster confirmed this during the company's Q2 2025 earnings call, highlighting crypto as a significant growth opportunity. Schwab's decision is influenced by increasing investor interest and a more favorable regulatory environment. In addition to trading, Schwab is also exploring the creation of its own stablecoin, considering various development options such as internal development or partnerships. This move by Schwab represents a significant step towards greater institutional adoption of cryptocurrencies and could provide traditional investors with increased access to the digital asset market.

Floki's price is currently around $0.00013606, having increased by 4.23% in the last 24 hours. Analysts suggest that if Floki breaks through the $0.0001400 level, a fresh rally could occur. There's a significant resistance (sell wall) between $0.00014500 and $0.00016000 that needs to be overcome for the price to potentially reach $0.00025. Trading volume is strong at approximately $902 million, and Floki's market capitalization is $1.32 billion. Technical indicators show potential for upward momentum if Floki can sustain current levels and break above $0.0001400. A shorter-term analysis indicates a possible move toward $0.00001550 if certain patterns hold true.

XRP's price has surged, reaching levels not seen since 2018, currently trading around $3.45. This increase is attributed to institutional investments, regulatory clarity, and overall positive sentiment in the crypto market. XRP's market capitalization rose from $185 billion to over $215 billion, with trading volume exceeding $23 billion. Analyst Lark Davis identifies a potential short-term target of $4.10, with a possibility of reaching $4.68. He also suggests that if Bitcoin reaches $150,000, XRP could surge to $7. Another analyst, TradingShot, points to a potential parabolic rally to $8.50 by year-end, with possible targets at $6, $8.96, and even $16.17. The current market setup resembles XRP's 2017 breakout, which saw a significant price increase. Forecasts for 2025 place XRP's price in the $7 to $16 range, with some predicting even higher values if market conditions are favorable.

Chia Coin (XCH), created by BitTorrent's Bram Cohen, uses a unique energy-efficient proof-of-space-and-time consensus mechanism. Launched in 2021, it reached an all-time high of $1,934.51 in May 2021 but plummeted to a record low of $8.61 in February 2025. As of July 18th, 2025, XCH is trading around $11.75, showing bullish momentum with a 5% daily gain. Technical analysis indicates potential for further price increases, with resistance at $12.71, though the RSI suggests it's nearing overbought territory. Short-term predictions suggest a possible rise to $13 if buying demand holds, but a drop to $10 is possible if it fails. Long-term forecasts predict XCH to reach $15.49 by the end of 2025, $24.02 in 2026, and potentially $144.95 by 2031. However, due to current bearish trends and volatility, investing in XCH may not be favorable at this time. The recent price increase is attributed to a technical breakout, rising trading volume, and renewed interest in eco-friendly blockchains.

MEI Pharma is allocating $100 million to a Litecoin treasury, with support from the Litecoin Foundation. Litecoin's creator, Charlie Lee, is joining MEI Pharma's board to spearhead this crypto expansion. The initiative is backed by GSR and Titan Partners, aiming to integrate Litecoin into corporate finance. Crypto analysts suggest this institutional investment could potentially drive Litecoin's price significantly higher, with some predicting a tenfold increase. Currently, Litecoin is priced around $105.06, showing recent gains in both daily and weekly trading.

Cryptocurrency markets experienced a surge, with Bitcoin briefly hitting $120,998 and XRP reaching $3.65. This sudden increase led to nearly $1 billion in liquidations, affecting both traders betting for and against the market. Short positions were hit particularly hard, losing $483 million. Over 174,000 traders were liquidated across platforms like Binance, Bybit, and OKX. Ethereum saw the highest liquidations at $238 million, followed by Bitcoin at $146 million, and XRP at $102.5 million. The total cryptocurrency market capitalization exceeded $4 trillion, nearing Nvidia's valuation. This rapid growth attracts both individual and institutional investors but also carries risks of high volatility and potential liquidations if market sentiment changes.

BitMine, a Bitcoin mining company supported by Peter Thiel, has announced it now holds over $1 billion worth of Ethereum. This move follows a $250 million private placement aimed at building their Ethereum holdings. The company's goal is to accumulate and stake 5% of the total Ethereum supply, positioning itself as the 'MicroStrategy of Ethereum.' BitMine plans to increase its Ethereum holdings per share by reinvesting cash flow, using capital market activities, staking rewards, and benefiting from increases in Ethereum's value. As of July 17th, BitMine possesses 300,657 ETH.

Cronos (CRO), the token of Crypto.com, has increased in value, rising 10% in the last 24 hours to $0.12 and 23% over the past week. It broke through a resistance level of $0.0986 and is now trading within a rising channel, potentially targeting $0.18. While indicators suggest the upward trend may continue, the token might experience a slight drop before further gains. News of a possible exchange-traded fund (ETF) that includes CRO, holding a 5% share, has boosted its price. Also, the U.S. Securities and Exchange Commission (SEC) concluded a review of Crypto.com without taking action, which increased investor confidence. Furthermore, a Cronos exchange-traded product (ETP) was listed in Europe, expanding access for investors.

Ethereum's price is currently above $3,500, and analysts suggest a potential bull run is beginning. A notable event is a large Ethereum purchase by a whale (0x9684), who withdrew 122,691 ETH (approximately $443.68 million) from FalconX. Additionally, SharpLink Gaming, a Nasdaq-listed company, significantly increased its Ethereum holdings to 280,706 ETH, valued at around $840 million, surpassing the Ethereum Foundation as the largest corporate holder. Analysts like Michael van de Poppe believe that inflows from spot exchange-traded funds, regulatory changes such as the Stablecoin Bill, and other catalysts could drive Ethereum's price higher, but he also advises investors to be prepared for potential corrections, even if its all time high above $4,800 will be achieved.