Author: Crypto Editor
Ted Hisokawa Jul 18, 2025 17:01 ETH breaks resistance at $3,350 with 95% whale accumulation surge and main regulatory wins driving institutional adoption in July 2025. Ethereum Surges to $3,575 as BlackRock ETF Buys $499M Value, GENIUS Act Passes Congress Government Abstract Ethereum has skilled a outstanding surge to $3,574.97, marking a 5.27% acquire up to now 24 hours and representing one of many strongest bullish breakouts in months. The cryptocurrency has shattered long-term resistance ranges round $2,900, pushed by a confluence of optimistic regulatory developments, huge institutional inflows, and unprecedented whale accumulation. With the passage of the GENIUS Act…
Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure With altcoin season probably on the horizon, discussions have arisen about whether or not XRP can surpass Ethereum throughout this run. Crypto founder Arthur Hayes has made a case for ETH main the way in which, whereas Dom Kwok, one other crypto founder, believes XRP will pull a shock. Can XRP Flip Ethereum As Altcoin Season Approaches In an X put up, Arthur Hayes indicated that Ethereum will outperform XRP when the altcoin season begins. The BitMEX founder famous that Bitcoin has damaged by way of…
Briefly President Trump signed the GENIUS Act into regulation Friday afternoon, in a White Home ceremony attended by quite a few crypto business leaders. The invoice establishes a framework for issuing and buying and selling stablecoins in the USA. Banks, conventional finance gamers, and retail giants which have expressed curiosity in stablecoins now have the inexperienced mild to leap into the sector. President Donald Trump signed America’s first main piece of crypto laws into regulation Friday, greenlighting the issuance and buying and selling of stablecoins in the USA.At a ceremony held within the White Home’s East Room, attended by lots…
As crypto markets hold a detailed eye on Capitol Hill for motion on the GENIUS invoice, legacy monetary establishments are already laying the groundwork for a future the place stablecoin cost rails deal with trillions of {dollars} in consumer transactions.As soon as a distinct segment software used primarily by crypto merchants to fund change accounts, stablecoins have advanced into one of many business’s most compelling use instances. Main gamers like JPMorgan, Citigroup and Financial institution of America are actually competing for a share of this rising market.This week’s Crypto Biz publication dives into Wall Road’s accelerating push into stablecoins, highlights…
Backpack opens claims portal serving to FTX collectors promote money owed extra simply. No charges charged; Backpack aids international collectors, particularly China and Russia. Backpack’s FTX EU deal faces scrutiny however continues EU creditor repayments. Backpack has taken an enormous step to assist folks affected by the FTX collapse. The corporate has launched a particular portal that lets FTX collectors promote their debt claims on to third-party consumers. Customers will have the ability to carry out all these duties at a single station, corresponding to id verification, declare verification, receipt of presents, and supreme settlement. Backpack Claims Channel Helps Customers…
President Donald Trump has signed the GENIUS Act into legislation, simply sooner or later after it handed the Home in a 306–122 vote. The invoice marks the first-ever US federal crypto legislation, creating strict guidelines for stablecoin issuers—together with full 1:1 reserves, common audits, and registration with federal or state regulators. Trump signed the invoice throughout a closed-door session Friday morning. Whereas celebrating the win, he jokingly advised reporters, “It’s referred to as the GENIUS Act. I believe it’s named after me.” President Trump Indicators GENIUS Act Stablecoin Invoice Into Legislation Crypto Czar David Sacks, who performed a central function…
Home handed Readability Act – lets decentralized blockchains develop into commodities (not securities) Cardano doubtless qualifies – 3,000+ stake swimming pools, on-chain governance, no entity owns >10% If accepted = ETFs, institutional cash, regulatory readability – ADA already up 16% WASHINGTON — The U.S. Home of Representatives handed landmark cryptocurrency laws on July 17, 2025, doubtlessly clearing the trail for Cardano (ADA) to realize commodity standing alongside Bitcoin and Ethereum. The Digital Asset Market Readability Act (H.R. 3633) handed 294-134, establishing new standards that would essentially change how digital property are regulated. Breaking Down the Readability Act The bipartisan laws,…
Binance has formally introduced its help for the upcoming token swap, redenomination, and rebranding of Maker (MKR) to a brand new token named Sky (SKY).As a part of the transition, MKR holders will obtain SKY tokens at a conversion ratio of 1 MKR = 24,000 SKY. The rebranded SKY token will start buying and selling on Binance on September 17, 2025, with new buying and selling pairs together with SKY/BTC, SKY/TRY, SKY/USDC, and SKY/USDT. All MKR spot buying and selling pairs shall be delisted on September 15, 2025, at 03:00 UTC, and deposits/withdrawals of MKR shall be disabled at 03:30…
Crypto Week 2025 in Washington: what actually occurred On Monday we anticipated that the week of July 14-20, 2025, could be essential for the way forward for cryptocurrencies. Right now, with the mud settled, we analyze all the important thing information: the legal guidelines handed, the Bitcoin rally, the traders’ response, and the brand new dangers from token unlock. The three legal guidelines that change the whole lot: GENIUS Act: Permitted with a big majority, it requires 1:1 reserves for stablecoins, periodic audits, and complete transparency for issuers. It’s now awaiting the presidential signature, however the principle gamers (Circle, Tether)…
Ethereum has surged greater than 70% since mid-June, marking one among its most spectacular rallies of the yr. The transfer has been pushed by sturdy momentum, with bulls firmly in management as ETH lately reclaimed the important $3,500 degree. Notably, the uptrend has proven little to no retracement because the preliminary breakout, signaling sustained shopping for curiosity and confidence amongst traders. Associated Studying One of the placing developments supporting this transfer comes from CryptoQuant, which highlights the emergence of a big premium on Ethereum traded via Coinbase. That is significantly noteworthy as a result of Coinbase is a platform predominantly…