Crypto

Regulatory uncertainty drove crypto innovation offshore, but new bipartisan leadership and clear frameworks can restore America’s financial dominance. Opinion by: Senator Tim Scott and Senator Cynthia Lummis The US Congress recently took a major step toward reclaiming the United States’ leadership in financial innovation. We passed, and President Trump signed, the bipartisan GENIUS Act passed — a landmark bill that establishes the first-ever federal framework for payment stablecoins. It’s a milestone for consumer protection, national security and American competitiveness — and proof that principled leadership can still deliver real results. Read more

The offering, with Ripple's contribution, aims to streamline Brazil’s structured credit market and attract foreign investors.

Goldman Sachs and BNY will allow institutions to access tokenized money market funds with 24/7 settlement and blockchain-based ownership tracking. Wall Street giants Goldman Sachs and BNY are preparing to offer institutional investors access to tokenized money market funds, which could unlock real-time settlement, 24/7 market access and more efficiencies across capital markets. Clients of BNY, the world’s largest custodian bank, will soon be able to invest in money market funds whose ownership is recorded directly on Goldman Sachs’ private blockchain, according to a Wednesday news release. “As the financial system transitions toward a more digital, real-time architecture, BNY is committed to enabling scalable and secure solutions that shape the future of finance,” said Laide Majiyagbe, global head of liquidity, financing and collateral at BNY. Read more

XRP is consolidating near its multimonth high, but some new projections from market analysts point to a potential rally to as high as $10. Key takeaways: A Classic XRP chart pattern is suggesting a breakout toward $4.20 next. Some analysis hints at even higher targets inside the $5–$10 range. Read more

Six-year breakout holds, but late-session sell pressure tests key levels as ETF momentum and U.S. crypto legislation continue to drive long-term narrative.

The cryptocurrency has grown to be larger than some of the biggest firms in the world after setting a new all-time high.

The U.S. Federal Reserve remains under intense political pressure ahead of its July 30 meeting, with President Trump and some of his appointees openly calling for rate cuts despite sticky inflation.

MARA Holdings (MARA) looks to expand its crypto holdings and restructure existing debt

37% of survey participants cited artificial intelligence and payments as the key drivers for crypto adoption in 2025. Payments and artificial intelligence emerged as the two pillars of crypto adoption in 2025, according to a report released by Reown in partnership with public opinion analytics company YouGov.  The study, which surveyed over 1,000 active crypto users across the United States and the United Kingdom, showed that artificial intelligence and payments were cited as key drivers of adoption by 37% of the respondents.  Crypto payments saw a significant year-over-year growth, with 34% of survey participants reporting active engagement. The report said this outpaces traditional decentralized finance (DeFi) use cases like farming and staking, though it still trails trading.  Read more

Only a few stablecoin licenses will be issued, Hong Kong Monetary Authority CEO Eddie Yue said.

XRP breaks the July uptrend line as BTC's MACD hints at a bearish shift in momentum.

Several Bitcoin onchain metrics are suggesting that BTC’s market structure remains strong and the bull cycle has more room to run. Key takeaways: Bitcoin’s price structure and fundamentals remain solid as new buyers step in. BTC short-term holder metric shows no overheating with $138K in play. Read more

Your day-ahead look for July 23, 2025

Interim U.S. Attorney for DC Jeanine Pirro pointed the finger at court clerks for sealing the entire docket rather than a company name.

In addition to its presence in the EU, CoinShares has expanded in the US market since entering it in 2023, aiming to compete with major industry peers. CoinShares, a major European cryptocurrency investment firm, has secured a license under the local regulatory framework, Markets in Crypto-Assets Regulation (MiCA). CoinShares received the MiCA license through its French subsidiary, CoinShares Asset Management, the company announced on Wednesday. With the license, CoinShares became the “first continental European regulated asset management company” to be qualified under MiCA, the announcement noted. Read more

OpenAI expands Stargate with Oracle to surpass 5 GW of AI power, while Elon Musk outlines plans for xAI to deploy 50 million H100-scale units in 5 years. OpenAI announced a 4.5 gigawatt (GW) expansion in partnership with Oracle to power future AI development. The deal, part of OpenAI’s long-term vision to deploy 10 gigawatts of compute capacity across the US, will add to its existing Stargate I facility in Abilene, Texas, and push the project beyond its original commitment made at the White House in January, the firm said on Tuesday. “This is a gigantic infrastructure project,” OpenAI CEO Sam Altman posted on X, sharing images of the Abilene site. In an earlier post, he confirmed that over one million GPUs will be online by year-end, and joked, “Now they better get to work figuring out how to 100x that.” Read more

Bitcoin profit-taking may be inadvertently revealing the next "local bottom" for BTC price, new analysis suggests. Key points: Bitcoin short-term holders are showing classic profit-taking behavior, sending BTC to exchanges. Their presence among exchange inflows has reached a level associated with “local bottoms” on BTC/USD. Read more

1inch co-founder Sergej Kunz told Cointelegraph that DeFi’s user experience, wider collateral range and optimized fees give it an edge over TradFi in the lending race. As traditional finance (TradFi) eyes the crypto lending market, community members explained how decentralized finance (DeFi) lending protocols can compete with what mainstream financial institutions bring to the table.  On Tuesday, JPMorgan Chase, the largest bank in the United States, was reported to be exploring lending directly against crypto assets like Bitcoin (BTC) and Ether (ETH), according to the Financial Times. An unidentified source said the bank may launch the offering as soon as 2026, though the plan is still in its early stages. With a major TradFi player eyeing the crypto lending market, the pressure on DeFi lenders to remain competitive is increasing. However, 1inch co-founder Sergej Kunz told Cointelegraph that crypto lending in DeFi has undeniable advantages over traditional finance institutions.  Read more

Though modest compared to 2022 levels, the latest spike in Ozzy Osbourne’s CryptoBatz NFTs could signal an NFT market rebound. Ozzy Osbourne’s death at 76 on Tuesday sparked a surge in the non-fungible token (NFT) market as fans rushed to own a piece of the heavy metal icon’s legacy through his CryptoBatz collection. Within hours of the announcement of his passing, the floor price of his CryptoBatz NFTs briefly surged by more than 400%, from under 0.02 Ether (ETH) to as high as 0.08 ETH, according to OpenSea data. At current market prices, the peak floor price for a CryptoBatz NFT was $295 at 8:00 pm UTC on Tuesday, according to CoinGecko. Read more

South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving. South Korea’s Financial Supervisory Service (FSS) advised local asset managers to avoid excessive exposure to crypto firms. According to a Wednesday report by The Korea Herald, the FSS verbally instructed local asset managers to limit exposure to crypto firms. The report cited Coinbase and Strategy stock as examples. The guidance was reportedly informal and advisory. The impact was also limited because passive exchange-traded funds (ETFs) operating in South Korea cannot easily remove specific stocks without changes approved by index providers. Read more