Crypto

Maxine Waters has argued in a July 14 op-ed that the GOP’s GENIUS and CLARITY bills, advancing during Capitol Hill’s “Crypto Week,” echo past deregulation mistakes and could lead to the United States’ first crypto financial crisis, benefiting Donald Trump’s $TRUMP memecoin allies. The post Maxine Waters Warns GOP Crypto Bills Could Trigger America’s First Crypto-Financial Crisis appeared first on Cryptonews.

President Donald Trump urged House Republicans on July 15 to support a procedural motion that would advance three crypto bills during the chamber’s “Crypto Week,” but lawmakers resisted the bill in today’s voting session.  Trump wrote on Truth Social that “all Republicans should vote yes,” arguing that the GENIUS Act will keep the US “lightyears ahead” of China and Europe […] The post House rejects crypto rule package despite Trump’s call, push for second vote later today appeared first on CryptoSlate.

XRP is on fire, with the price of the token rocketing past key resistance levels and currently outperforming Bitcoin and Ethereum.

ProShares has expanded its $1.5 billion crypto ETF roster by unveiling 2x leveraged Ultra Solana and Ultra XRP funds, using derivatives and debt to match double daily performance, following NYSE Arca clearance and rising institutional interest.   The post Wall Street Giant ProShares Launches 2x Leveraged Solana and XRP ETFs – Institutions Coming? appeared first on Cryptonews.

Fairshake reported raising $52 billion from the crypto industry in the first half of 2025, at a time when candidates previously supported by the PAC were providing crucial votes. Fairshake, a US-based political action committee (PAC) backed by contributions from cryptocurrency companies including Coinbase and Ripple Labs, reported holding $141 million in assets to be used to influence upcoming elections. In a statement released on Tuesday, Fairshake said it had raised about $52 million in the first half of 2025, with $25 million from Coinbase. This total, including its $109 million raised since November 2024, had the PAC holding more funds than it spent on congressional races in the last US election cycle. The PAC, through its affiliates Defend American Jobs and Protect Progress, has already spent more than $2 million to support candidates in special congressional elections in 2025 for three House seats in Virginia and Florida. Read more

Rising US inflation tempers investors’ interest rate cut hopes, leaving Bitcoin at a critical juncture below $120,000. Key takeaways: June CPI data showed rising headline and core inflation, reducing expectations of an interest rate cut in July. Bitcoin must reclaim the $119,250–$120,700 zone to confirm bullish momentum and aim for fresh highs above $123,000. Read more

Bitcoin accumulator wallets added 248K BTC in July, hitting a 2025 high as $200K targets gain traction.

GameStop has acquired 4,710 bitcoins as a hedge against macro uncertainty, CEO Ryan Cohen has said, noting that capital deployment will stay disciplined. Alongside a $2.25 billion zero-coupon convertible note raise, the retailer has shifted its business mix toward trading cards and collectibles. The post GameStop CEO Says Bitcoin Bet Is a Hedge, Not a Strategy Copy appeared first on Cryptonews.

Pudgy Penguins ($PENGU) has rallied 127.4% over the past week, jumping from $0.0270 to $0.0344 amid ETF filing talk, Coinbase and Binance US avatar swaps, and whale accumulation. Volume has risen sharply while the chart retains a bullish structure above $0.030, pointing to sustained demand.   The post Pudgy Penguins ($PENGU) Soars 127% in a Week as Meme Coin Mania Returns appeared first on Cryptonews.

The House was supposed to vote at 5pm ET Monday after an earlier hiccup.

Speaking on his bank's second quarter earnings call, the famous crypto skeptic acknowledged that stablecoins are "real."

Jane Fraser told analysts the bank is evaluating stablecoin issuance and advancing tokenized deposit solutions as part of a broader digital finance strategy.

Big wallets are moving old BTC into Binance, suggesting the market may be bracing for a correction or leveraged shake-up.

DeFi stakeholders say they can no longer stay silent about major concerns with the CLARITY Act, which will see a vote as soon as tomorrow.

Bonk ($BONK) has advanced 7.65% to $0.00002873 amid $1.32 billion daily trading, 956,000 holders and 350+ Solana integrations. A new partnership with Nasdaq-listed DeFi Development Corp and inclusion on Grayscale’s watchlist have strengthened forecasts for a path toward $0.000060. The post Bonk ($BONK) Eyes 2.5X Rally as Institutional Interest and Ecosystem Growth Explode appeared first on Cryptonews.

Traders pin their ETH price target at $3,400 as Ether treasury purchases and ETF inflows propel Ether price. Key point: Strong inflows to the Ether ETFs and purchases by Ethereum treasury companies suggest investors expect the rally to continue. Ether (ETH) is witnessing selling above the $3,000 level, but a positive sign is that the bulls have not given up much ground. That suggests the investors are backing it for more upside. Farside Investors’ data shows more than $1 billion in inflows into Ether exchange-traded funds since Wednesday. Read more

As prominent U.S. crypto insiders and Republicans in Congress push for industry unity on the House's Clarity Act, senators prepare to go their own way.

Most people don’t want or need to know they’re using a blockchain, says Marc Vanlerberghe, Chief Strategy and Marketing Officer at the Algorand Foundation.

Is GameStop trying to be the next Strategy? CEO Ryan Cohen gives a look into its Bitcoin treasury approach and talks crypto payments.

Despite its anti-crypto stance, Vanguard is now the biggest institutional backer of the world’s most aggressive Bitcoin holder. Vanguard, one of the world’s largest investment management firms, is now the biggest institutional shareholder of Strategy (MSTR) — Michael Saylor's company best known for adopting Bitcoin as its primary treasury reserve asset. According to data from investment research platform Intel, Vanguard has accumulated more than 20 million shares of MSTR, representing about 8% of MicroStrategy’s outstanding Class A common stock. The stake gives Vanguard indirect exposure to over 200,000 Bitcoin (BTC) held on Strategy’s balance sheet, representing a 26.3% jump between January and April 2025. Many of Vanguard’s funds include exposure to the Vanguard Total Stock Market Index Fund, which holds MicroStrategy as part of its broad US equity allocation. The stock also appears in dozens of Vanguard mutual funds and exchange-traded funds (ETFs) tracking mid-cap benchmarks. Read more