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Bank of America is taking early steps to explore stablecoins as a way to modernize its payment systems and handle trillions of dollars in client transactions more efficiently, the lender’s CEO, Brian Moynihan, said during the bank’s second-quarter earnings call on July 15.
Moynihan emphasized that the firm’s current focus is on using stablecoins “as a transactional device,” noting their potential...
Bitcoin’s (BTC) move into new all-time highs leaves statistical room for it to reach $130,000 before historical demand exhaustion zones, according to a July 16 report by Glassnode.
Bitcoin broke out of a multi-week range of $100,000 to $110,000 and printed a new high near $122,000, clearing dense cost-basis clusters where buyers had concentrated between $93,000 and $97,000 and $104,000 and $110,...
The House approved on July 16 a motion to reconsider the crypto‑related proposals package combining the GENIUS Act, the CLARITY Act, and the Anti‑CBDC Surveillance Act in a 215-211 vote.
Alex Thorn, head of research at Galaxy Digital, said on X that analysts expect a vote on the GENIUS Act today.
Because the House agreed to a Senate‑passed resolution text that bundles the three measures...
Ethereum’s derivatives market is showing clear signs of speculative overheating, with leverage ratios, open interest, and funding rates all rising. The last 30 days have seen ETH rally more than 24%, triggering a sharp expansion in derivatives exposure that now surpasses $24.5 billion in open interest, its all-time high.
Graph showing Ethereum’s price from June 16 to July 16, 2025 (Source:...
Tether, the world’s largest stablecoin issuer, minted an additional $2 billion USDT on July 16 on the Ethereum blockchain.
Tether CEO Paolo Ardoino confirmed the mint via a post on X, clarifying that the new mints were an “inventory replenish” on Ethereum. This means the funds serve as inventory for future issuance and blockchain swaps, rather than entering circulation immediately.
Of the newly...
The Bitcoin cost basis heatmap shows that investors aggressively accumulated approximately 196,600 BTC between $116,000 and $118,000 following the top asset’s recent price correction.
According to Glassnode data, this buying activity, valued at over $23 billion, suggests strong conviction among market participants and potential positioning for further upside.
Bitcoin Price Heatmap (Source:...
A group of experienced Bitcoin developers has outlined a new proposal to prepare the network for the inevitable threat of quantum computing.
The initiative, led by Jameson Lopp, Christian Papathanasiou, Ian Smith, Steve Vaile, and Pierre-Luc Dallaire-Demers, focuses on safeguarding vulnerable Bitcoin held in older address types that may be compromised by future quantum breakthroughs.
25% of...
PUMP, the native token of Solana-based memecoin launchpad Pump.fun, has experienced a significant price boost following its first-ever token buyback.
On July 16, blockchain analyst Ember CN reported that Pump.fun spent 111,953 SOL, worth $18.34 million, to repurchase 3.04 billion PUMP tokens at an average price of $0.006.
According to Ember CN, the SOL used for the buyback originated from the...
Strategy, formerly known as MicroStrategy, has strengthened its position as the largest corporate Bitcoin holder after disclosing that it now owns 3% of all BTC currently in circulation.
Led by Michael Saylor, the firm holds 601,550 BTC, which is equivalent to 3% of the 19.89 million BTC that have been mined to date. This means Strategy owns 1 out of every 33 BTC.
Strategy’s Bitcoin Holding (...
A procedural vote to advance landmark crypto legislation failed on the House floor Tuesday, only to be revived hours later following direct intervention from President Donald Trump.
The reversal followed a brief but intense standoff between Republican leadership and a small group of conservative holdouts, which paralyzed the chamber and ultimately required a presidential deal to resolve.
The...