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Bank of Korea Expands Stablecoin And CBDC Focus With New Virtual Asset Division
South Korea is taking a major step toward stablecoin oversight and digital currency development. According to a July 29 report from Yonhap News, the Bank of Korea has announced the installation of a new virtual asset division within its Financial Settlement Bureau. The newly formed division will mon...
Bitcoinist
Wed, Jul 30
XRP Price To Climb 44% To $4.804 As Long As This Level Holds
The XRP price is gaining traction once again as bullish signals strengthen across the charts. Following a decisive move above a critical support level, the cryptocurrency is now positioned for a potential upward move. A new technical analysis suggests that XRP could climb over 44%, targeting $4.804 ...
NewsBTC
Wed, Jul 30
Bitcoin holders' unrealized profit has reached a new peak of $1.41 trillion
Bitcoin investors now have $1.41 trillion in unrealized profit, according to Glassnode. The on-chain analytics platform disclosed this, noting that it is an all-time high in unrealized gains. According to Glassnode, this is the highest paper gains for Bitcoin investors, surpassing the $1.3 trillion in November 2024. Based on this milestone, analysts believe there could […]
Cryptopolitan
Wed, Jul 30
Stocks and crypto slides following Fed rate decision today
Stocks reversed sharply on Wednesday after Jerome Powell said the Federal Reserve has made “no decisions” on a rate cut for September, ending weeks of speculation across Wall Street and crypto markets.
Cryptopolitan
Wed, Jul 30
Coinbase's network Base launches free security review program for native builders
Coinbase just announced that its protocol security team will offer free security reviews to a select cohort of apps and protocols building on the Base chain, which is currently in beta. The initiative is coming shortly after Arbitrum announced a similar campaign that saw the Arbitrum Foundation allocate $14 million in ARB tokens to subsidize […]
Cryptopolitan
Wed, Jul 30
Applied Digital tops quarterly revenue estimates on demand for cloud services
July 30 (Reuters) - Applied Digital APLD.O topped Wall Street estimates for quarterly revenue on Wednesday, buoyed by artificial intelligence-driven demand for its cloud infrastructure.Shares of the Dallas, Texas-based data center operator jumped 7% in extended trading. Surging demand for AI, mach...
Reuters
Wed, Jul 30
Russia orders data centers report on miners using their services
Russian data centers and hosting providers have been obliged to share all relevant information about crypto miners using their services with the state tax authority. The new order from the revenue agency comes as the Russian government prepares to limit the use of computing power and electrical energy in the minting of digital currencies. Mining […]
Cryptopolitan
Wed, Jul 30
Robinhood's profit more than doubles on robust trading volumes across asset classes
July 30 (Reuters) - Robinhood Markets HOOD.O said on Wednesday its second-quarter profit more than doubled due to a surge in trading volumes across options, crypto and equities.The Menlo Park, California-based online brokerage earned $386 million, or 42 cents per share, for the three months ended Ju...
Reuters
Wed, Jul 30
Ripple CEO Debunks SWIFT Partnership, XRP To Dramatically Change Payments Infrastructure
Ripple CEO Brad Garlinghouse has made it clear that Ripple is not partnering with SWIFT, the global messaging system considered the backbone of cross-border banking. According to a clip at an old Ripple Swell event now circulating among XRP investors on the social media platform X, Garlinghouse emph...
Bitcoinist
Wed, Jul 30
Bitcoin Drops Below $118.5K as Fed Decision and Tariff Fears Shake Crypto Market
Bitcoin faced renewed selling pressure on Wednesday, falling 0.45% to $118,446.5 as traders braced for pivotal macroeconomic events. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution This drop comes amid heightened caution ahead of the Federal Reserv...
NewsBTC
Wed, Jul 30
Shiba Inu (SHIB) Price Prediction: Price Rises 20%, Is Mutuum Finance (MUTM) the Next Crypto to Explode?
Shiba Inu (SHIB) is making headlines with a surprising 20% price jump, reigniting investor discussions about meme coin momentum. Yet, as traders chase the next big move, attention is rapidly turning toward Mutuum Finance (MUTM), a rising DeFi coin positioning itself as a potential breakout star. The token has surpassed the $13.7 million milestone during […]
Cryptopolitan
Wed, Jul 30
BREAKING: White House Reveals Crypto Policy Roadmap Envisioning A ‘Golden Age
The White House released a detailed crypto report on Wednesday that outlines a comprehensive framework for regulating and advancing digital assets in the United States. This initiative is part of President Donald Trump’s broader commitment to establish the US as the “crypto capital of th...
Bitcoinist
Wed, Jul 30
US senators introduce the "Keep Call Centers in America Act of 2025" to curb AI use and offshoring in customer service
The new bipartisan bill introduced in the US Senate on Wednesday could nerf the use of artificial intelligence and offshoring in customer service roles to protect both American jobs and consumer privacy. Senator Ruben Gallego and co-sponsor Senator Jim Justice of West Virginia have forwarded the “Keep Call Centers in America Act of 2025,” which […]
Cryptopolitan
Wed, Jul 30
White House releases its first full crypto policy report
The White House on Wednesday released its first official federal report outlining how the U.S. government will approach Bitcoin and crypto regulation going forward. The 22-page document came from the President’s Working Group on Digital Asset Markets, formed earlier this year through Executive Order 14178, and marks the administration’s first full crypto strategy since Donald […]
Cryptopolitan
Wed, Jul 30
Powell said the Fed has made no decision on a September rate cut
Federal Reserve Chair Jerome Powell on Wednesday said the central bank has not made any decision about cutting interest rates at its September meeting, shutting down mounting speculation that a rate cut might be coming soon. “We have made no decisions about September,” Powell told reporters during his press conference. “We don’t do that in […]
Cryptopolitan
Wed, Jul 30
Polygon Labs confirmed its network remained active despite Polygonscan's glitch
Polygon Labs has moved quickly to calm fears that its network went offline, following a confusing moment when Polygonscan, one of its main block explorers, stopped showing new data. For over an hour, users saw what appeared to be a complete halt in block production. Polygon Labs clarified that the issue was caused by a […]
Cryptopolitan
Wed, Jul 30
Cardano Eyes 1,000x Explosion—Hoskinson Says Bitcoin’s Out Of Steam
Cardano founder Charles Hoskinson made headlines this week with a bold forecast. He told investors that ADA could rise as much as 1,000× from its current level. Bitcoin, he argued, has less room to run. His comments came as Bitcoin traded around $118,000 and Cardano lingered around $0.78. Related Re...
NewsBTC
Wed, Jul 30
Ethereum Big Players Are Returning As Whale Wallets See Notable Growth
Since the beginning of July, Ethereum has been on a bullish trajectory, experiencing an over 54% increase in the past month. After breaking past key resistance levels, the second-largest crypto asset appears to have found stability above the $3,700 mark. While ETH has displayed a powerful rally over...
Bitcoinist
Wed, Jul 30
What to Watch in the Day Ahead - Thursday, July 31
Apple is poised to deliver its fiscal third-quarter earnings results, with Wall Street expecting a modest but steady revenue increase. The anticipated growth comes as the tech giant navigates a complex landscape of artificial intelligence competition, escalating tariff pressures and evolving market ...
Reuters
Wed, Jul 30
Bitcoin (BTC) Analysts see Further Upside Toward $132,000 While Mutuum Finance (MUTM) Catches Steam in DeFi
As Bitcoin (BTC) eyes a potential climb toward $132,000, all eyes aren’t solely on the flagship cryptocurrency. Mutuum Finance (MUTM) is growing with strong momentum. The DeFi token is priced at $0.035 during the 6th stage of its presale. The 7th stage will see a 14.29% price appreciation to $0.04. Existing investors anticipate a 71.43% […]
Cryptopolitan
Wed, Jul 30
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