Here are the 15 most important events from the world of cryptocurrencies as of today, July 21, 2025:
---
1. In 2024, hackers stole $2.2 billion from cryptocurrency platforms – including attacks on CoinDCX and WazirX revealed serious risks associated with the security of exchange systems.
2. The legislative week in the USA has ended – the House of Representatives passed three key bills: Genius Act, Digital Asset Market Clarity Act, and Anti-CBDC Surveillance State Act, although only the Genius Act has come into effect after President Trump's signature.
3. The Genius Act imposed a requirement for 1:1 reserves of stablecoins in dollars or treasury securities – moving into the implementation phase, which may take up to three years.
4. Bank of America plans to create its own stablecoin, and Morgan Stanley is testing its usability – confirmed by Reuters and BI. JPMorgan and Citigroup are also intensively working on stablecoins.
5. Among banks, JPMorgan, BNY Mellon, Visa, Mastercard, PayPal, and Shopify – all are preparing to integrate with stablecoins, which could boost cryptocurrency adoption.
6. Bitcoin is hovering around $118.5k, Ethereum just reached a maximum of $3,800, although it is currently slightly declining (~$3,760) – an overall wave of growth in altcoins.
7. $BNB surpassed the $750 level and is consolidating above this threshold (+1–3% over the past few days).
8. $ETH Ethereum is up +3.7% (to about $3,719), despite a slight correction – supported by increased interest in DeFi and NFTs.
9. Conflux (CFX) has become today's biggest rising project – it jumped +97% in the last 24 hours.
10. $XRP reached a new ATH, strongly supported by positive legislative signals in the USA – forecasts predict a retracement to the $3.30–$3.40 range.
11. AI DeepSeek (China) predicts that XRP could reach $5 by the end of 2025 – an ambitious vision based on a growth of approximately +499% this year.
12. DOGE gained +7% in a day, reaching about $0.2718, and the volume increased by 38%, which could signal further momentum.
13. The US government is preparing its first report on cryptocurrency policy – it is set to be released on July 22, building regulatory frameworks following EO 14178.
14. Bitcoin Core fixed a five-year gap threatening full nodes – a milestone in protocol stability.
15. In Europe – French Societe Generale plans to issue a dollar stablecoin "USD CoinVertible," expected to launch in July, supported by BNY Mellon.
---
🧭 In summary:
Regulations in the USA are moving to the implementation phase (Genius Act and subsequent laws).
Central and commercial banks are actively adopting stablecoins.
The altcoin market remains dynamic: Conflux, XRP, BNB, DOGE – impressive growths.
Infrastructure (Bitcoin Core) and security (giant hacks) are current priorities.
Government strategies (White House report) will outline another path for cryptocurrency policy.
