🚀 Crypto Surge & Policy Shift: Watch the Institutional Tide
$BTC $ETH $SOL | #TrumpBitcoinEmpire Today’s top moves shaping the digital asset landscape: 1️⃣ BTC dips momentarily below $117K, but altcoins are stealing the spotlight—Solana surged 12% past $200, and XRP is hovering near $3.60, signaling capital moving into high-utility plays . 2️⃣ White House just dropped its first-ever comprehensive crypto policy report—outlining federal regulation around stablecoins, CBDC explorations, and market integrity safeguards . 3️⃣ JPMorgan is gearing up to offer loans backed by Bitcoin & Ether—a major pivot from traditional bank skepticism, expected as soon as next year . 4️⃣ Michael Saylor’s MicroStrategy adds 6,220 BTC (~$740M) to its holdings this month, doubling down on its signature treasury strategy . 5️⃣ SpaceX just moved ~$153M in BTC —the first Bitcoin movement from its dormant wallet since 2022, reinforcing institutional on-chain posture . 6️⃣ Global crypto market cap hits an all-time high of $4 trillion, fueled by stablecoin clarity and institutional adoption driven by the GENIUS Act .
🔍 Why This Matters
Altcoin momentum: As BTC consolidates, money rotates into Solana, XRP & real-utility tokens—classic 2nd-phase bullish action. Regulatory clarity: Federal crypto policy + stablecoin rules = confidence for digital finance’s next leap. Institutional trend: From JPMorgan loans to MicroStrategy & SpaceX on-chain moves, big players are locking in.
Growth of the "Orb" biometric scanning center network in over 40 countries. The significant expansion in the number of biometric devices makes the identity verification process in WCT easier and more reliable, enhancing the physical and field presence of the currency and its ecosystem. @WalletConnect #WalletConnect $WCT
In the world of traditional finance, accessing loans requires collateral and a credit history, but Huma Finance breaks this by financing individuals based on their actual or expected income, opening the door for millions of individuals in developing economies. @Huma Finance 🟣 #HumaFinance $HUMA
The U.S. House of Representatives has designated the week of July 14th as 'Crypto Week' to discuss several cryptocurrency-related bills, including the CLARITY Act, Anti-CBDC Surveillance State Act, and GENIUS Act (House Announces Week of July 14th as 'Crypto Week'). This initiative demonstrates the legislature's emphasis on cryptocurrency regulation and may provide guidance for future policy directions.
James Wynn opened a 40x Bitcoin short position with a liquidation price of 119,490. On July 19, according to on-chain data, James Wynn opened a 40x Bitcoin short position with a position size of 32,458,820.16 USD, an opening price of 118,078.3 USD, and a liquidation price of 119,490 USD. He is currently facing an unrealized loss of 105,000 USD. Do you think James will make money this time?
Something that will push Bitcoin to new highs is coming, Bitcoin Mortgages. Real estate tycoon Trump makes a limited-time return; he aims to inflate the next bubble with 'Bitcoin Mortgages.'
On May 27, Cantor Fitzgerald launched its $2 billion Bitcoin mortgage program for institutional clients, with initial trading partners including crypto companies FalconX Ltd. and Maple Finance. As one of the official underwriters of U.S. government bonds, this century-old Wall Street institution's entry is seen as a highly symbolic breakthrough.
Bitcoin is transitioning from a store of value to a financial instrument that can influence the credit system.
Just a month later, Bill Pulte, Director of the Federal Housing Finance Agency (FHFA), sent out a significant signal. He has requested that Fannie Mae and Freddie Mac, two pillars of U.S. housing finance, study the feasibility of incorporating cryptocurrencies like Bitcoin into mortgage assessment systems. This statement triggered a strong market reaction, with Bitcoin's price rising nearly 2.87% within 24 hours, surpassing $108,000 again.
As posed in a Coinbase advertisement's soul-searching question: 'In 2012, you needed 30,000 Bitcoins to buy a house, but now you only need 5. If house prices have been decreasing in Bitcoin terms, why have they been rising in dollar terms?' What impact will this Bitcoin mortgage have on the dollar system?
Behind the Scenes: How is the WCT Network Managed After Transfers Were Enabled?
Since the activation of WCT transfer in April, the network has entered a phase of "Community Governance", but who is actually managing it now? And is governance still secure?
🔸 The new system relies on:
A group of Relayers (network operators) nominated by the community
Voting is done using active WCT tokens
No party can control the keys without the majority's consent
🔸 Current number of Relayers: 11 operators The goal is to reach 25 operators by the end of 2025, to increase distribution and avoid centralization.
🧩 And this is what makes WCT a true infrastructure project in Web3 and not just a speculative token. @WalletConnect #WalletConnect $WCT