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Crypto kicks off rocky H2 2025 as political tension, Musk-Trump rift hammer markets
The crypto market in the second half of 2025 has opened with declines, against the backdrop of political differences in the Middle East and the US. On July 1, the total altcoin market cap dropped below $1.30 trillion, falling to $1.29 trillion according to CoinGecko. The broader market shed 2.51% in value over the same […]Cryptopolitan
2025年7月1日
Elon Musk raises fresh $10 billion from lenders and investors for xAI
Elon Musk’s artificial intelligence company, xAI, has raised $10 billion in fresh capital, according to Morgan Stanley, which handled the financing. Half of that came from secured notes and term loans, while the other half was picked up from a strategic equity raise. The bank said the debt deal was oversubscribed and involved “prominent global […]Cryptopolitan
2025年7月1日
Russia’s digital ruble pilot hits 100,000 transaction milestone
Transactions with the digital ruble have reached 100,000 since the Bank of Russia started testing its new currency almost two years ago. The stats were released in June after the monetary authority proposed a timetable for the wider implementation of the state-issued coin, following Putin’s call to speed up the process. Russian companies and citizens […]Cryptopolitan
2025年7月1日
Wall Street throws weight behind Trump’s massive spending bill for economic upside
Donald Trump’s One Big Beautiful Bill Act (OBBBA) scraped through the US Senate in a tense 51–49 vote late Saturday, pushing the sweeping tax and spending legislation one step closer to his desk. Despite warnings from credit watchdogs and mounting backlash over the projected cost, some banks are calling it a win for the US […]Cryptopolitan
2025年7月1日
Germany's Deutsche Bank to debuts its crypto custody service in 2026
Deutsche Bank is finally getting ready to launch its own crypto custody service in 2026, with help from Bitpanda Technology Solutions, the tech division of the Austrian exchange. The reports came from Bloomberg, which claimed to have spoken to people with direct knowledge of the plan. The custody system is being developed by the bank’s […]Cryptopolitan
2025年7月1日
