Trump’s court pick would bring crypto baggage to the bench
Eric Tung, a lawyer with crypto industry ties, is nominated for a Ninth Circuit judgeship, raising concerns about potential deregulatory influence on digital asset cases.
White House Moves to Let 401(k)s Invest in Bitcoin, Gold, Private Equity: FT – News Bytes Bitcoin News
The White House plans to allow 401(k) investments in bitcoin, gold, and private equity via an executive order, potentially opening the $9 trillion retirement market to crypto assets.
E-Bike Maker’s Shares Soar 135% on $500 Million Bitcoin Treasury Plan – Decrypt
Volcon’s stock surged 135% after announcing a $500 million Bitcoin treasury plan, joining firms like MicroStrategy in holding BTC to boost financials and align with digital futures.
US to investigate Brazil’s digital payment system
The US is investigating Brazil’s Pix payment system, alleging unfair trade practices against US companies. The probe examines tariffs, censorship demands, and potential advantages given to local fintech over American competitors.
XRP hits new ATH of $3.55 after 7 years amid altcoin surge
XRP surged to a new all-time high of $3.55 amid a broader altcoin rally, fueled by institutional adoption, regulatory clarity, and Ripple’s expanding partnerships.
Crypto Price Prediction Today 17 July – XRP, PUMP, ADA
Bitcoin nears record highs, boosting altcoins like XRP, which surged 33% weekly. XRP’s legal clarity and UN recognition fuel its 431% yearly growth, with $4 as the next target.
Perplexity Predicts XRP, ETH, and DOGE Price Targets
Perplexity AI predicts XRP could reach $20, ETH $15K, and DOGE $5 by late 2025, driven by Bitcoin’s rally, institutional adoption, and regulatory clarity for altcoins.
Corporate Bitcoin Holdings Shift From Hedge to Core Strategy, Nansen Reports – Crypto News Bitcoin News
Nansen reports Bitcoin has transitioned from a hedge to a core corporate strategy, with valuation gaps based on management approaches and market perception.
Three Key Crypto Bills Pass House In Sector Policy Win
Three major crypto bills, including the CLARITY Act and GENIUS Act, passed the U.S. House, marking a significant policy win for the sector. President Trump supports the legislation, while Democrats express concerns.
PUMP Struggles Despite $20 Million Buyback – “The Defiant”
Despite a $20 million buyback, PUMP token struggles as ICO whales sell over $100 million worth. The memecoin’s price drops 10% amid lack of clarity on buyback structure and competition.
