Author: James Wilson
An International Monetary Fund (IMF) review released on July 15 claims that El Salvador ceased accumulating bitcoins in February, following the signing of the deal with the IMF. The agreement required El Salvador to stop BTC accumulation and strip BTC of its legal tender status in exchange for a $1.4 billion loan. This information strikingly contradicts claims by El Salvador officials who had been regularly announcing new BTC purchases by the country. Concerns over the accuracy of El Salvador’s Bitcoin reserves date back to 2023. Summary El Salvador claims it continues buying 1 BTC every day despite the February deal…
Major U.S. stock indices remained largely flat near record highs on Tuesday as investors digested mixed earnings reports and growing concerns over tariffs, with General Motors shares plunging 6% despite beating estimates amid tariff-related worries. Meanwhile, heightened attention on the Federal Reserve’s leadership and a resurgence of memestock trading added volatility to the market On Tuesday, July 22: Dow Jones was up 125 points or 0.28% The S&P 500 was little change with 0.07% gain. The tech-focused Nasdaq was down 0.30%. Tariffs remain a significant concern for investors. General Motors’s 6% dip was mainly due to fears that the effects…
Kraken founder Jesse Powell is officially no longer under investigation over hacking allegations. Yet another legal battle that has shaken the crypto industry has come to an end. According to a July 22 report by Fortune, the U.S. Department of Justice has officially concluded its investigation into Kraken founder Jesse Powell. Moreover, the FBI returned a dozen of his devices that it had seized earlier. These devices were seized in 2023, in an FBI raid on Powell’s home. Unlike many other probes into crypto exchange founders, the FBI probe against Powell was not related to his business. Instead, it stemmed…
After Bitcoin’s brief dip below $100k in the 3rd week of June, it rallied up and has almost completed a V-shape recovery. This has also triggered a rally in major altcoins across the board. In this article, we’ll discuss what’s next for Bitcoin (BTC) in July 2025 and also dive into July 2025 crypto price predictions for some of the top altcoins that are traded in the cryptocurrency space. Bitcoin price prediction BTC had an eventful past few weeks as it endured the geopolitical tensions of the world, and despite dipping sharply below $100k last month, it is now trading…
On July 18, President Donald Trump signed the GENIUS Act, which regulates stablecoins. One day prior to it, Mastercard introduced a piece on its role in the future space of regulated cryptocurrencies. According to Mastercard, the passage of the bill begins “the new era of regulatory clarity and confidence in digital assets.” What is this era going to look like, and what’s Mastercard’s role in it? Summary Now that the Genius Act became the law, Mastercard is going to foster mass adoption of stablecoins Mastercard client base amounts to several hundred million cardholders. Through a series of Mastercard’s partnerships with…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the next bull run gains steam, a carefully chosen $600 bet on high-potential memecoins like Little Pepe, Bonk, and PEPE could turn modest risk into life-changing returns. Memecoins have consistently demonstrated the ability to outperform even the largest tokens, and sometimes by substantial margins. As the market prepares for what many believe will be the most explosive part of the current bull cycle, savvy investors are seeking undervalued tokens with significant potential. The dangers are present, but the…
After years of silence, a SpaceX-linked wallet has suddenly moved $152 million in Bitcoin, prompting fresh concerns over what it could mean for BTC’s next price move. According to data from blockchain analytics platform Arkham Intelligence, on July 22, a wallet linked to Elon Musk’s multibillion-dollar space enterprise, SpaceX, had transferred 1,308.45 BTC, valued at approximately $152.91 million, to a new address. Notably, the transfer followed after the SpaceX wallet sent a small transaction fee of 0.000248 BTC worth $29 to Coinbase Prime. Source: Arkham Additional data from Arkham reveal that the last time the wallet saw any movement was…
As part of its upgraded $100 million incentive program, BNB Chain has acquired over 40 million TAG tokens from TaggerAI, building on earlier acquisitions of FAIR3 and BGSC. BNB Chain (BNB) just announced that it had purchased over 40 million TAG tokens from TaggerAI for $25,000 as part of its upgraded $100 million incentive program. This purchase marks a significant milestone in the evolution of BNB Chain’s incentive strategy. Last year, the Foundation piloted the program with the intention of fueling innovation and adoption across the BNB Chain network. However, after three weeks and extensive feedback from the community and…
The Ether Machine, Inc. has announced its planned entry into public markets with over $1.5 billion in fully committed capital. According to a July 21 press release, the company will go public through a business combination with Dynamix Corporation and is expected to begin trading under the ticker “ETHM” later this year. The transaction includes an anchor investment of approximately $645 million in Ethereum (ETH) from co-founder and chairman Andrew Keys, alongside over $800 million in equity commitments from institutional investors such as Kraken, Pantera Capital, Blockchain.com, Electric Capital, 1Roundtable/10T Holdings, Archetype, and cyber•Fund. Upon closing, the Ether Machine will…
Polymarket is returning to the U.S. after closing a $112 million acquisition of QCEX, a derivatives exchange and clearinghouse licensed by the Commodity Futures Trading Commission. The deal, announced July 21, grants Polymarket access to a fully regulated path back into the U.S. market after more than two years operating abroad due to regulatory hurdles. QCEX, based in Boca Raton, Florida, holds both a designated contract market and derivatives clearing organization license. By acquiring its parent company, Polymarket now inherits the regulatory infrastructure required to offer event-based markets in the U.S. in full compliance with federal derivatives law. This move…