🚨Breaking News🚨
$BTC $ETH $XRP
🚀 Institutional Momentum & Market Moves:
• Bitcoin hit a new all-time high, reaching around $116,781 in Friday's Asian session, driving year-to-date returns over 24%.
• Ethereum is also rising, trading at around $3,000 and up 7–8% today.
• Record inflows: Bitcoin ETFs attracted more than $1.17 billion on July 10, while ETH advances have been underpinned by whale activity and ETF-driven momentum.
🏢 Corporate Adoption Increases:
• Public firms continue to accumulate Bitcoin treasuries, more than doubling corporate-held BTC in Q2 2025 to ~847,000 BTC. MicroStrategy is far ahead with 70%, but new entrants such as GameStop, Figma, and Sequans have made significant buys.
🏛️ Regulatory News:
United States:
• A Senate Banking Committee hearing talked about guiding principles for crypto regulation innovation vs. clarity, with testimony from experts highlighting the importance of sophisticated, asset-by-asset regulation.
• The U.S. has also created a Strategic Bitcoin Reserve through an executive order in March 2025 to store seized BTC as a national asset.
Asia & Europe:
• RBI in India is keeping a close watch on international trends in crypto and working on a policy paper to frame local regulation.
• Malta's process of licensing crypto comes under the scanner: ESMA slammed its MiCA compliance, warning this could dilute uniform EU-wide rules.
• Shanghai regulators in China are reconsidering their traditional crypto ban, looking at yuan-pegged stablecoins and policy models as interest increases from the likes of Ant Group and JD.com.
⚖️ Legal & Consumer Regulation:
• Florida Attorney General has issued a subpoena to Robinhood Crypto, investigating allegations it deceived consumers about trading fees response to subpoena by July 31.
📉 Token Highlight:
• Five under-$1 tokens are picking up steam in July based on solid fundamentals and increasing investor demand although particular names weren't made available in summary reports.
🔎 Market Outlook & Important Trends:
• Technical analysts envision Bitcoin possibly reaching $150,000 within the next couple of months based on momentum above the $113K mark.
• Liquidity has been pulled sharply tighter, institutional purchases mopping up available BTC, increasing volatility risk as short positions become trigger-happy at resistance levels.
• Privacy and regulatory policy wars are heating up: crypto supporters caution that digital asset legislation should maintain anonymity and decentralized ideals in the face of expanding global surveillance measures.