The rise of ETFs challenges Bitcoin’s self-custody roots
Bitcoin ETFs are shifting investor behavior away from self-custody, with declining new address creation and active wallets since their January 2024 approval, signaling a move toward institutional solutions.
GENIUS Act Seen as Turning Point for Crypto Regulation
The GENIUS Act passed by the U.S. House establishes federal stablecoin regulations, signaling a shift in crypto policy. Executives highlight rising institutional confidence due to regulatory clarity.
Bitcoin Hyper: Why Ethereum Rising Faster as BTC Stalls
Ethereum rises 8% due to GENIUS Act and institutional interest, while Bitcoin stalls. Bitcoin Hyper, a Layer-2 solution, gains $300K in funding, signaling investor focus on Bitcoin’s future utility.
Block surges 10% as it joins the S&P 500 index
Block Inc. shares surged 10% after being added to the S&P 500 index, replacing Hess Corp. The fintech company, known for Cash App and Bitcoin integration, will join the index on July 23.
GENIUS’ ban on stablecoin yield will drive demand for Ethereum DeFi — Analysts
The GENIUS bill banning yield-bearing stablecoins may increase demand for Ethereum DeFi as investors seek alternative passive income options, according to analysts.
Avalanche (AVAX) Price Prediction: On-Chain Surges and BTC Pair Breakout Signal Strong Rally Ahead – Brave New Coin
AVAX breaks out of a downtrend with bullish momentum, supported by on-chain data and ecosystem growth. Analysts predict a potential rally to $30-$35, with strong volume and BTC pair breakout reinforcing the bullish case.
Trump Expected to Open $9 Trillion Retirement Market to Crypto Investments – Brave New Coin
President Trump plans to sign an executive order allowing 401(k) plans to include cryptocurrencies and alternative investments, potentially transforming retirement savings for 70 million Americans.
Ethereum attracts record ETF inflows and 39% fee drop in Q2, supporting stronger outlook for Q3
Ethereum saw record ETF inflows of $1.7B, a 39% fee drop, and increased layer-2 activity in Q2, boosting optimism for Q3. TVL hit $63.2B as derivatives and staking grew.
COIN Climbs, MSTR Dips, Miners Dance—A Chaotic Friday Close for Crypto Stocks – Crypto News Bitcoin News
Coinbase’s stock COIN reached a new high of $444 per share, surpassing its 2021 IPO record, while other crypto stocks showed mixed performance amid bitcoin’s volatile momentum.
Public Keys: Coinbase and MSTR Break Records, and Who’s Holding Strategy’s Bitcoin Billions? – Decrypt
MicroStrategy’s $70B Bitcoin holdings are managed by 9 custodians including Coinbase and Fidelity. Coinbase and MSTR stocks hit records amid crypto market surges, with multiple firms expanding crypto treasuries.
