JULY 22, 2025: TOP CRYPTO HEADLINES
đŚ Banks & Regulation
1. PNC Bank partners with Coinbase
PNC is launching crypto trading services via Coinbase for customers â marking a major shift as U.S. banks increasingly embrace crypto amid favorable legislation and President Trumpâs backing .
2. Stablecoin regulation heats up
The GENIUS Act, signed July 18, mandates stablecoin issuers to hold liquid asset reserves and disclose holdings, paving the way for bank licenses and Fed access â though Federal Reserve caution remains .
đ Markets & Institutional Adoption
3. Institutional prime brokerage on the rise
Bitcoinâs surge above $120K has propelled demand for crypto prime brokers like FalconX and Hidden Road. These firms provide institutional servicesâcustody, lending, tradingâwith FalconX even eyeing an IPO .
4. Global market dips below $4T
The total crypto market cap dropped $199) .
đ Big Moves & Projects
5. SpaceX shifts $153M in BTC
SpaceX moved $153M) at the end of Juneâthe first time in three yearsâcoinciding with Bitcoin's record high .
6. Polymarket weighs issuing its own stablecoin
Prediction platform Polymarket is considering launching its own stablecoin to leverage yields from treasury reserves, enabled by new stablecoin-friendly regulations .
đą Consumer & Infrastructure
7. Telegram launches TON Wallet (U.S.)
Users in the U.S. can now manage crypto within Telegram via the integrated TON Wallet, boosting access to the Open Network (TON) ecosystem .
