Top stories this week
- Ripple Applies for U.S. Banking License
Ripple has initiated a process to secure a national banking license in the United States, potentially positioning the company for broader financial activities. This move aims to enhance trust in its stablecoin, RLUSD, as XRP experiences a slight price increase. Ripple’s effort follows similar actions by other crypto firms seeking more integration with traditional finance.
- Elon Musk Launches Bitcoin-Friendly America Party
Elon Musk has launched the America Party, which will embrace Bitcoin as a central component while expressing skepticism about fiat currencies. Musk’s endorsement of Bitcoin has sparked significant interest and reactions within the financial and crypto markets, highlighting a growing intersection between politics and digital currencies.
- Trump’s Truth Social Files for Crypto ETF
Truth Social, affiliated with former President Donald Trump, has filed for a ‘Crypto Blue Chip ETF’ encompassing major digital currencies such as Bitcoin, Ethereum, and XRP. This filing signifies an attempt to capitalize on the growing legitimacy and market potential of blue-chip cryptocurrencies.
- Global Cryptocurrency Regulations Anticipation by 2025
Countries worldwide, including the UAE, Turkey, New Zealand, and the USA, are moving towards more comprehensive regulations concerning cryptocurrencies by 2025. These efforts aim to create clearer legal frameworks to handle crypto assets, affecting everything from taxation to market stability.
- CoreWeave Acquires Core Scientific in $9B All-Stock Deal
The AI company CoreWeave has finalized the acquisition of Bitcoin mining giant Core Scientific in an all-stock transaction valued at $9 billion. This purchase is part of a trend where AI and crypto-mining sectors converge, although the deal has raised concerns among analysts over its high valuation.
- U.S. Congress Sets ‘Crypto Week’ to Address Key Legislation
The US House of Representatives has designated a ‘Crypto Week’ in mid-July to discuss and vote on three significant bills related to digital assets regulation. This period is intended to push forward legislation that could shape the future regulatory landscape for cryptocurrencies in the US.
- Market Movers: Bitcoin, Ethereum, and Dogecoin Fluctuate
Despite external market influences such as tariff discussions and political events, major cryptocurrencies including Bitcoin, Ethereum, and Dogecoin have shown minor fluctuations. XRP, on the other hand, has held its position better compared to others, underscoring its potential resilience.
- Elon Musk’s America Party to Embrace Bitcoin
Elon Musk has officially announced the establishment of his ‘America Party’, which incorporates a strong pro-Bitcoin stance. The party’s principles are founded on viewing fiat as insufficient, and this narrative could influence both political and financial discourse.
- July 2025: Predictive Picks for Top Performing Cryptos
As analysts and experts forecast cryptocurrency markets, several digital assets are identified as having explosive potential in July 2025. The focus includes Bitcoin crossing significant price thresholds and emerging coins poised for growth, highlighting continual interest in forecasting crypto market trends.
- BlackRock’s Bitcoin ETF Outpaces S&P 500 Fund
The BlackRock Bitcoin ETF has surpassed its $624 billion S&P 500 fund in fee revenue, illustrating a shift in investor interest towards cryptocurrencies. This ETF acclaim spots light on growing institutional adoption and validation of Bitcoin as a formidable market player.
Hottest coins of the week
MORI COIN (MORI)
MORI COIN (MORI) has seen an extraordinary rise, gaining +3.45% in just the last 24 hours and an impressive +64.94% this week alone. This surge is largely due to its massive popularity on platforms like CoinGecko, where it has become a top-trending cryptocurrency. The excitement around MORI COIN has captured significant attention, driving more investors and speculators to the market despite any concerns surrounding its stability or origin.
Sologenic (SOLO)
Sologenic (SOLO) has seen a significant price increase of +7.59% in the last 24 hours and a remarkable +58.47% over the past week. The surge in SOLO’s value could be attributed to positive sentiment and developments in the broader cryptocurrency market. Investors may be drawn to Sologenic’s innovative approach in bridging crypto assets with traditional financial markets, contributing to the growing interest and investment in this digital asset.
Banana For Scale (BANANAS31)
Banana For Scale (BANANAS31) has been making significant strides with a jaw-dropping 54.47% price increase this week and an astounding +38.67% surge in the last 24 hours, reaching a new all-time high. This remarkable rise is largely attributed to its growing popularity among meme coin enthusiasts and its strategic moves, capturing the interest of both new investors and seasoned traders. As it continues to break critical resistance and support levels, excitement is building around BANANAS31’s potential for further growth.
Keeta (KTA)
Keeta’s price has surged by 18.70% in the last 24 hours and an impressive 32.01% this week, possibly influenced by increased activity from large investors, also known as whales, who have been quietly accumulating the coin by 3.15%. Despite the generally low sentiment and visibility, this strategic accumulation by influential market participants has likely contributed to the positive price movement.
Lagrange (LA)
Lagrange (LA) has experienced a remarkable price increase of +34.39% in the last 24 hours and +30.33% over the past week. While specific news articles about Lagrange are unavailable, this surge likely stems from increased market interest, potentially fueled by its recent technological advancements or partnerships. Investors may also be responding to broader market trends and positive sentiment around cryptocurrencies that are gaining traction in decentralized finance (DeFi) or innovative blockchain projects.
Euler (EUL)
The price of Euler (EUL) has surged by +8.50% in the last 24 hours and +27.47% this week, driven by significant developments within the Euler ecosystem. The partnership between World Liberty Financial and Re7 Labs to launch a USD1 stablecoin vault on Euler highlights the blockchain’s growing appeal in stablecoin innovations. Additionally, Euler Finance’s lending protocol impressively surpassing $1 billion in active loans from $24 million in less than a year, approaching an all-time high, underscores its strength and growth momentum, contributing to its recent price increase.
