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Cointelegraph.com - 22:09 Jul 23, 2025
With the trial of the Tornado Cash co-founder ending its eighth day, a witness testified Roman Storm had control over some of the funds connected to the mixing service. US prosecutors in the criminal case against Tornado Cash co-founder and developer Roman Storm offered testimony from an Internal Revenue Service (IRS) agent as they prepare to rest their case on Thursday. According to reporting from Inner City Press on Wednesday, IRS Criminal Investigation Special Agent Stephan George testified he had reviewed transaction records connected to cryptocurrency exchanges Crypto.com and Binance. George reportedly said that Storm “[had] control” over funds after an account connected to Binance sent crypto to Tornado Cash smart contract addresses, based on communications between the co-founders: Storm, Alexey Pertsey and Roman Semenov. Read more -
Cointelegraph.com - 22:00 Jul 23, 2025
A pro-crypto US government, near-insatiable institutional investor demand, and the chance for ETH staking ETFs made ETH a top performer last week. Key points: Bitwise analysts said new US crypto laws favor Ether, boosting its role in tokenization and stablecoins. Institutions pile into ETH, with staking ETFs expected to add $20 billion-30 billion yearly. Read more -
Cointelegraph.com - 21:56 Jul 23, 2025
After a $10 million loss became public on X, crypto hedge fund Asymmetric is pivoting away from liquid trading strategies. Update (July 23 at 10:00 pm UTC): This article has been updated to remove inaccurate information previously attributed to Asymmetric CEO Joe McCann. Crypto hedge fund Asymmetric Financial is pivoting away from liquid trading strategies following sharp underperformance and public backlash from investors. In a post shared on X Wednesday, CEO Joe McCann acknowledged that the fund’s current approach “is no longer serving our LPs” and confirmed that Asymmetric will begin transitioning capital away from liquid trading into illiquid investments. Read more -
Cointelegraph.com - 20:55 Jul 23, 2025
SOL is down nearly 10% on the day, but charts suggest the bull trend remains intact. Key points: SOL dropped 9.5% as $30 million in long liquidations took place. A bearish divergence in futures CVD and elevated funding rates suggests that a long squeeze triggered the correction. Read more -
Cointelegraph.com - 20:44 Jul 23, 2025
Nature’s Miracle, Upexi and Japan's Kitabo are the latest companies adopting crypto treasury strategies. A growing number of traditional companies are beginning to experiment with digital assets as part of their corporate treasury strategies, signaling a shift in how businesses view crypto’s role in financial management. This week alone, companies from sectors as diverse as agriculture, consumer manufacturing and even a nearly 80-year-old Japanese textile company announced allocations to tokens like Bitcoin (BTC), XRP (XRP), and Solana (SOL). On Wednesday, Nature’s Miracle, an agricultural technology company, announced it would allocate up to $20 million for an XRP (XRP) corporate treasury, making it one of the latest firm to move to an altcoin treasury strategy. Read more -
Cointelegraph.com - 19:47 Jul 23, 2025
Lawmakers are expected to break in a matter of days, but there are still items on the legislative agenda to address, including two crypto bills passed by the House. US Republican lawmakers and President Donald Trump were able to overcome inter-party disputes to get three crypto bills passed through the House of Representatives last week, but some of the legislation still has a ways to go before it becomes law. After two long sessions in the House last week, on Thursday all but 12 Republicans and more than 100 Democrats voted yay on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, a bill to regulate payment stablecoins, which Trump signed into law about 24 hours later. The other two bills, the Digital Asset Market Clarity (CLARITY) Act and the Anti-CBDC (central bank digital currency) Surveillance State Act, will head to the Senate for consideration as both chambers prepare to break for an August recess. Read more -
Cointelegraph.com - 19:18 Jul 23, 2025
Block’s inclusion in the S&P 500 could indirectly increase equity investors' exposure to Bitcoin and the asset’s mainstream acceptance. Jack Dorsey's technology company Block joined the Standard & Poor’s 500 (S&P 500) index on Wednesday, marking the third public company with Bitcoin holdings to join the global benchmark. Block holds 8,584 Bitcoin (BTC) worth approximately $1 billion, according to BitcoinTreasuries.NET. That stash makes Block the 13th-largest corporate holder of BTC. The company's shares on the NYSE exchange have jumped nearly 14% over the past five days since the company announced it would join the S&P 500. Read more -
Cointelegraph.com - 18:31 Jul 23, 2025
XRP’s tight range trading resolved to the downside, but lower levels are expected to attract buyers. Key point: XRP’s drop below $3.40 opens the gate for a decline to $3. Would a solid bounce off $3 lead to aggressive buying from bulls? XRP (XRP) rose to a multi-year high above $3.66 on Friday, indicating aggressive buying by the bulls. That helped XRP’s market capitalization exceed that of the global fast-food giant McDonald’s on Monday. However, the failure to sustain the momentum may have tempted short-term buyers to book profits after the sharp run-up. Read more -
Cointelegraph.com - 18:19 Jul 23, 2025
The White House on Wednesday released its plan to make the United States a global leader in artificial intelligence research and development. US President Donald Trump released his plan to make the United States the “world capital” of artificial intelligence (AI) on Wednesday, outlining steps to ease data center regulations, revise federal content standards and prioritize government contracts for select AI developers. The report, published by the White House, presents a three-pillar plan, with initiatives to encourage open-source AI development for applications across law, healthcare, defense, science, education and manufacturing. One of the plan's key policy goals is to “protect freedom of speech" and online expression within AI models. According to the document, the free speech initiative will be led by the Department of Commerce (DOC), which will work with the National Institute of Standards and Technology (NIST) to “eliminate references to misinformation, Diversity, Equity, and Inclusion, and climate cha... -
Cointelegraph.com - 18:02 Jul 23, 2025
MoonPay introduces liquid staking for Solana as the network sees record staking activity, ETF inflows and major treasury buys from firms like DeFi Dev and Upexi. MoonPay, a fintech company specializing in crypto payments and Web3 infrastructure, has announced a new liquid staking program for Solana holders. The product will leverage liquid staking to earn users 8.49% annual yield on their SOL tokens. According to the company, users can stake as little as $1 in Solana (SOL) and receive a liquid staking token called mpSOL. Rewards are distributed approximately every two days, and users can unstake at any time without a lockup period. The feature is available starting July 23 everywhere except in the US state of New York and the European Economic Area (EEA). Read more -
Cointelegraph.com - 16:59 Jul 23, 2025
Ether price pulled back after a relentless run, but lower levels are likely to attract buyers. Key point: Ether shows signs of being overbought, but a shallow pullback suggests the bulls are not hurrying to the exit. SharpLink Gaming and BitMine Immersion Technologies have been on an Ether (ETH) buying spree to take the mantle of the largest public ETH holder. BitMine claimed the top spot after it reported holding 300,657 ETH on Thursday, but Sharplink overtook it after the latest round of purchases last week, which boosted its holding to 360,807 ETH. Read more -
Cointelegraph.com - 16:25 Jul 23, 2025
SOL treasury building and robust inflows to the Solana staking ETF hint at rising demand and a potential rally to $240. Key point: SOL faces profit-booking near $209, but the trend favors the bulls as long as the price remains above $185. Nasdaq-listed company DeFi Development Corp said on Monday that it had acquired 141,383 Solana (SOL) between July 14 and Sunday, boosting its treasury to 999,999 SOL. The company said it had $5 million at its disposal for future SOL purchases. Read more -
Cointelegraph.com - 16:15 Jul 23, 2025
USDW is part of WisdomTree’s stablecoin interoperability strategy and is intended to complement the company’s tokenized funds. Global asset manager WisdomTree has entered the full-stack stablecoin space following the passage of the US GENIUS Act, aiming to strengthen digital dollar infrastructure for its onchain financial products. WisdomTree’s US dollar-backed stablecoin, USDW, is a key component of its integrated strategy to serve both retail and institutional users, according to Will Peck, head of digital assets at WisdomTree. USDW is issued by the WisdomTree Digital Trust Company, a New York-chartered trust, to facilitate the movement of digital dollars for payments and to support the firm’s tokenized investment products — most notably, its US money market fund, the Government Money Market Digital (WTGXX). Read more -
Cointelegraph.com - 14:45 Jul 23, 2025
New Zealand’s financial watchdog outlawed crypto ATMs, citing regulatory gaps and AML concerns and raising questions about retail access and compliance. On July 17, 2025, New Zealand’s government made a defining move in its ongoing battle against financial crime: It announced a nationwide ban on cryptocurrency ATMs. The decision, spearheaded by Associate Justice Minister Nicole McKee, is part of a sweeping reform of the country’s Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regime. Read more -
Cointelegraph.com - 14:30 Jul 23, 2025
A guide to passing on your Bitcoin and crypto after you die — and how your loved ones can track it down if you forgot to make plans. So, you died. People are sad, your body is dealt with, and the world keeps spinning. But what happens to your crypto? Digital assets become part of your estate and the gears of the legal system creak into motion to handle this digital body, now legally distinct from the one headed six feet under. The problem? Crypto inheritances are often less like accessing gold bullion in a safe, and more like inheriting a buried treasure it can be entirely on the inheritor to actually find it! Read more -
Cointelegraph.com - 14:29 Jul 23, 2025
Bitcoin price action targets waiting $117,500 liquidity in a volatile Wall Street open, while record open interest sparks warnings of crypto market "froth." Key points: Bitcoin dives more than 2% from its $120,000 daily high to swipe bid liquidity in an anticipated move. Market projections nonetheless see a deeper retracement coming. Read more -
Cointelegraph.com - 13:54 Jul 23, 2025
Dogecoin price rallied between 270% and 340% after similar bullish crosses in the past, and the same signal is flashing again this July. Key takeaways: DOGE price previously rallied 340% from a bullish cross that’s again in play. A double bottom breakout hints at a Dogecoin price rally to $0.48. Read more -
Cointelegraph.com - 13:51 Jul 23, 2025
Mara Holdings announced plans to offer up to $1 billion in zero-interest convertible notes, with proceeds earmarked for repurchasing debt, buying Bitcoin and corporate expenses. Mara Holdings, one of the largest publicly traded crypto mining firms, said it intends to offer up to $1 billion worth of convertible senior notes, with a portion of the funds intended for Bitcoin purchases. According to a Wednesday announcement, $850 million of notes will be offered to qualified institutional buyers due in 2032. The company will also grant buyers an option to purchase an additional $150 million in principal, bringing the potential total to $1 billion. Up to $50 million of the proceeds is expected to be spent on repurchasing a portion of its existing 1.00% convertible senior notes due 2026. The remainder will be used to cover the costs of the capped call transactions, acquire additional Bitcoin (BTC) and fund general corporate purposes. Read more -
Cointelegraph.com - 13:02 Jul 23, 2025
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 -
Cointelegraph.com - 12:42 Jul 23, 2025
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
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