The U.S. Securities and Exchange Commission (SEC) is set to deliberate today (July 25) on whether to approve an XRP exchange-traded fund (ETF). If approved, it could trigger significant institutional demand for XRP, potentially driving its price up substantially.
Headline: Ton Foundation Seeking to Join Crypto Treasury Company Trend (TONCOIN)
Summary (English): The TON Foundation and Kingsway Capital Partners are aiming to raise at least $400 million for a crypto treasury company that will hold Toncoin, a token associated with the Telegram app.
Headline: Bitcoin Options $12.3B Expiration on July 25 Triggers Volatility Risk
Summary (English): Bitcoin options worth $12.3 billion are set to expire on July 25, 2025, potentially triggering high market volatility. The max pain price is $112,000 for BTC and $2,800 for ETH.
SEC to “Upgrade Structure” of Bitcoin–Ethereum ETFs to In-Kind Transfer System!
Summary: The U.S. Securities and Exchange Commission (SEC) is preparing to upgrade the structure of Bitcoin and Ethereum ETFs to an In-Kind Transfer system. This major development is shaking up the crypto ETF industry and could lead to increased institutional capital flowing into Ethereum (ETH).
Altcoins Crash Across the Board! $585 Million Liquidated in a Single Day
Summary: The altcoin market has experienced a major liquidation event totaling over $585 million. Key altcoins such as Ethereum, Solana, XRP, and Dogecoin have seen sharp price drops. The crash was triggered by Bitcoin’s failure to break through a key resistance level, which forced many over-leveraged long investors to close their positions.
Tensions along the Thailand-Cambodia border escalated into serious clashes today, following landmine incidents involving Thai soldiers at Chong Arn Ma in Ubon Ratchathani Province on July 16 and 23.
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Clashes Reported:
Fighting broke out at several points along the border, including Ta Muen Thom Temple in Surin Province and Pha Mo I Daeng near the Preah Vihear Temple.
Both sides employed heavy weaponry including BM-21 rocket launchers and artillery, while the Thai military launched F-16 airstrikes on Cambodian military targets.
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Casualties and Damage:
At least 12 Thai civilians and soldiers were killed (11 civilians, 1 soldier) and over 30 injured.
Infrastructure hit includes hospitals and gas stations in Thai territory.
Affected areas include:
PTT Gas Station, Ban Phue, Sisaket (6 dead, 10 injured)
Ban Chorak, Surin (2 dead, 2 injured)
Ban Kud Chiang Mun, Ubon Ratchathani (1 dead, 1 injured)
Ban Khilek, Buriram (residential damage)
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Retaliation and Diplomatic Fallout:
Thailand closed all permanent border crossings.
Both nations downgraded diplomatic ties, recalled ambassadors, and expelled each other's envoys.
Evacuations ordered in risk zones; the Thai Embassy in Phnom Penh urged all Thai nationals to leave Cambodia immediately.
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Official Positions:
Thailand: Asserted its actions were self-defense to protect national sovereignty after Cambodian aggression and landmine incidents.
Cambodia: Denied placing new mines and accused Thailand of invading its territory first.
The cryptocurrency market experienced major developments today, particularly in the areas of regulation and institutional investment. These changes could mark a significant turning point for the industry in 2025.
Key Highlights:
1. New Crypto Law by Trump A newly introduced crypto regulation under President Trump signals strong support for the industry, especially Stablecoins.
2. Ripple vs SEC Case Nears Conclusion The long-standing legal battle is likely to conclude in August, potentially affecting XRP and other utility tokens.
3. Ethereum ETF Attracts Massive Capital Institutional investors are showing strong confidence, with significant inflows into the newly launched Ethereum ETF.
4. BNB Hits New Record Binance Coin sets a new all-time high and overtakes Solana in market capitalization.
5. Bitcoin & Solana Eye New Price Targets Both BTC and SOL are approaching key resistance levels, hinting at possible price surges.
Today’s developments reflect a growing institutional trust and regulatory clarity — both of which are likely to shape the next phase of crypto’s evolution in 2025.
Bitcoin (BTC): Price Action and Technical Analysis
Summary: Bitcoin continues to move within a range between $116,000 and $120,000, failing to break through the $120,000 resistance level. The daily MACD signals a bearish shift. However, the overall uptrend from the June low remains intact, offering hope for a potential breakout to new highs.
Ethereum (ETH): Structural Demand and ETF Inflows Signal a Surge Towards $4,000
Summary: Ethereum is currently facing resistance around the $3,800–$4,000 range, but structural demand from crypto treasuries and ETFs could push the price higher, potentially reaching $4,000–$6,000 in 2025. Over $5 billion in ETF inflows and more than 840,000 ETH allocated by institutions have created a supply-demand imbalance of up to 32 times.
CryptoQuant’s mid‑2025 analysis shows Binance firmly entrenched as the top crypto exchange across all major metrics 📊:
🟢 1. Spot Trading Volume Binance recorded nearly $2 trillion in spot trading volume during H1 2025—roughly 42% of the global centralized spot market.
🟣 2. Futures & Derivatives It dominated Bitcoin perpetual futures with $4.1 trillion in volume (around 38% market share), eclipsing rivals like Bitget (19.3%), Bybit (16.8%), and OKX (16.7%).
💵 3. Stablecoin Reserves Binance holds roughly $31.7 billion in USDT and USDC reserves—about 60% of the top 10 exchanges’ combined stablecoin stash.
🔁 4. Capital Inflows & On‑Chain Activity Consistently topped inflows in both USDT/USDC and altcoins. Led in on-chain user engagement: highest deposit/withdrawal activity during volatility spikes and most USDT transactions on TRON. $BNB $BTC #BNBBreaksATH #StablecoinLaw
Headline: Nano Labs Expands BNB Strategic Reserve to US$90 Million and Announces Plan to Upgrade BNB Reserve Strategy
Summary: Nano Labs Ltd., a Web 3.0 infrastructure and product solution provider, has significantly increased its BNB holdings to 120,000 BNB, valued at approximately US$90 million. This move is part of a broader initiative to fully upgrade its BNB strategic reserve plan. The company also plans to further strengthen its BNB reserves through ongoing accumulation, acquiring controlling stakes in BNB-focused businesses, and investing in companies that hold BNB as a core reserve asset.
Headline: U.S. SEC Ends Lawsuit Against Binance — A Positive Signal for the Crypto Industry
Summary: In May 2025, the U.S. Securities and Exchange Commission (SEC) filed a joint motion with Binance to officially dismiss the lawsuit that had been ongoing since 2023. The case involved allegations of operating an unregistered exchange and offering unregistered securities.
This dismissal marks the end of one of the most high-profile legal battles in the crypto space, and it is seen as a positive development for the industry. The resolution demonstrates a growing level of regulatory engagement and cooperation with major crypto players.
Investors interpret this move as a reduction in legal uncertainty, potentially paving the way for market recovery, renewed institutional interest, and greater regulatory clarity in the future. #AltcoinBreakout #BinanceHODLerC $BNB
JPMorgan Chase is reportedly exploring plans to offer crypto-backed loans, using customer assets such as Bitcoin and Ethereum as collateral. The initiative could launch as early as next year. This move comes amid growing interest among major U.S. banks in developing stablecoins and pushing for crypto-friendly regulations in Washington.
Solana Surpasses BNB to Become the 5th Largest Cryptocurrency
Solana (SOL) has overtaken Binance Coin (BNB) in market capitalization, becoming the fifth-largest cryptocurrency. SOL now holds a market cap of $107.43 billion USD, edging past BNB’s $106.2 billion. This shift highlights Solana’s growing influence and increasing adoption in the crypto space.
TON Blockchain Avoids Major Outage Thanks to Swift Bug Fix
The TON blockchain narrowly avoided a major system outage after TonBit discovered a critical vulnerability in the INMSGPARAM instruction of the TON Virtual Machine (TVM). This flaw could have caused Smart Contracts to malfunction, potentially impacting the Telegram miniapp ecosystem that relies on TON infrastructure. A rapid bug fix by TonBit, just before the release of Global Version 11, successfully prevented a potential attack. Source: AInvest
Michael Saylor’s Strategy Acquires Additional $740M in Bitcoin
Michael Saylor’s company, Strategy, has acquired an additional 6,220 BTC this past week, worth approximately $740 million USD. The average purchase price was $118,940 per BTC. This brings the company’s total Bitcoin holdings to 607,770 BTC.
Binance to Perform Wallet Maintenance for BNB Smart Chain (BEP20) and opBNB
Binance will conduct wallet maintenance for the BNB Smart Chain (BEP20) and opBNB Chain (opBNB) on July 23, 2025, at 03:00 UTC. During this time, withdrawals on the affected networks will be temporarily suspended.
Today brings several major developments in the crypto world, particularly in regulation and institutional adoption:
1️⃣White House & Trump Administration: Both are preparing to unveil comprehensive crypto policy reports, which could significantly shape the regulatory landscape in the U.S.
2️⃣Coinbase has launched regulated Bitcoin Perpetual Futures, approved by the CFTC, marking a major step in legitimizing crypto derivatives in U.S. markets.
3️⃣Trump Media has purchased $2 billion in Bitcoin, a bold move that underscores growing institutional interest.
4️⃣TON Blockchain quickly resolved a major outage through swift bug fixes, emphasizing the critical importance of security in blockchain ecosystems.
5️⃣Dogecoin saw significant growth with trading volume tripling, driven by institutional buying.
6️⃣BNB continues to perform strongly, maintaining its momentum in the market.
🔍 Overall, today signals strong momentum in crypto adoption and regulatory progress — essential pillars for the future expansion of the digital asset ecosystem.
📰 White House to Release Comprehensive Crypto Policy Report by July 2025
The White House is preparing to unveil a comprehensive cryptocurrency policy report by the end of July 2025, with David Sacks leading the initiative. The report aims to reinforce U.S. leadership in digital assets and will propose regulatory frameworks for stablecoins, a national Bitcoin reserve fund, and the development of a Central Bank Digital Currency (CBDC). The objective is to strike a balance between innovation and financial stability.
Headline: Altcoin Season Begins as Bitcoin Dominance Drops to 61.5%
Summary: The crypto market is undergoing a major shift as Altcoin Season officially begins. Bitcoin's dominance has fallen to 61.5%, its lowest level since April, signaling a significant capital rotation into altcoins. This decline could open up short-term profit opportunities for altcoin investors. Source: AInvest $BTC #BTCvsETH