Here is an overview of the most important cryptocurrency news for today (July 7, 2025):$BTC $XRP $SOL

🔍 Key events and news

1. Huge theft and arrest of a 19-year-old

Veer Chetal, a 19-year-old from Connecticut, admitted to participating in the theft of cryptocurrencies worth $245 million. He hacked in by impersonating employees of Yahoo! and Google, and his parents fell victim to a kidnapping attempt. Chetal is cooperating with authorities and awaits trial, facing up to 25 years in prison.

2. Bitcoin and the cryptocurrency market in the second half of 2025

According to Investopedia:

Bitcoin has already risen by ~15% and is approaching its historical record (~$112,000).

The popularity of so-called 'treasury companies', or companies using BTC as collateral, is rising – currently around 135 public companies.

Ethereum is experiencing declines against BTC, but may regain value thanks to ETFs and staking.

3. The TON network announces a Golden Visa program for the UAE

The TON platform offers 10-year UAE visas for staking TON worth $100,000 + a fee of $35,000. CZ (founder of Binance) emphasized the lack of official confirmation from the government.

4. Key token unlocks and blockchain conferences

In July 2025, we are expecting major token unlocks, including TRUMP ($455 million on July 18) and CIRX ($187 million on July 12).

Important events: ETHCC8 (June 30 – July 3, Paris), IVS Crypto Kyoto, Bitcoin Alaska (July 3 – 6) and other European and Asian conferences.

5. Legislative progress – GENIUS Act and BTC Reserve

The US Senate voted on the GENIUS Act, establishing regulations for stablecoins. The process is currently in the House of Representatives, with a signature planned for mid-July.

President Trump signed a decree creating the 'Strategic Bitcoin Reserve' – a reserve of Bitcoins controlled by the US Treasury.

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Summary and what to watch next

Both the price of Bitcoin and the entry of larger companies into the 'treasury' model may drive further growth.

Token unlocks in July may introduce short-term volatility – it's worth watching projects like TRUMP, CIRX, ENA, and ARB.

The development of regulations (GENIUS Act) may provide greater stability to stablecoins and increase institutional investor confidence.

Staking technologies and ETFs for Ether may revitalize the second-largest market by capitalization.