It was a crowded week in crypto.
Ripple has once again made the headlines, Ethereum has obtained a business boost, and the Fed can be faced with its own upheaval.
It is a mixture of regulations, large money and even more important signals on market management.
Here are the best stories you need to know.
# 1 The Fed Jerome Powell chair can resign
Jerome Powell could prepare to resign as president of the federal reserve.
Fannie Mae president William Pulte said he “Encouraged by reports” From Powell’s possible resignation, adding that it would help the economy to “boom”. The pressure was built. President Trump strongly criticized Powell’s refusal to reduce prices, calling it an expensive error and saying that it is “terrible”.
Powell also faces accusations of congress deception on a renovation of $ 2.5 billion. Legislators are now calling for an official investigation. A decision could have an impact on the markets and crypto flows.
# 2 Justin Sun commits $ 100 million to Trump Memecoin
Justin Sun plans to buy Donald Trump’s $ 100 million dollars, a few days before a 474 million dollars token. The founder of Tron made the announcement on X, calling a step “Develop the cryptographic landscape with communities such as GettrumpMes.”
This decision comes as the token is preparing to embark on the Blockchain Tron. Sun’s story with Trump -related projects is deep – including more than $ 90 million spent in previous companies. We still do not know if the funds will come from him directly or through the Dao Tron.
The CEO of Ripple # 3 becomes one of the richest leaders in Crypto
Brad Garlinghouse is now among the richest figures in the crypto, with an estimated net value at $ 10 billion. The equity of the CEO of Ripple and XRP Holdings experienced a sharp increase after the partial legal victory of Ripple against the American Sec. The company was satisfied with $ 50 million – much less than the original demand.
Garlinghouse, who has directed Ripple since 2016, continues to put pressure for cryptographic user -friendly regulations and stronger world partnerships.
# 4 musk names Bitcoin names in America celebration agenda
Bitcoin took a new momentum after Elon Musk confirmed that this would be part of the official platform of his New America Party. “Fiat is hopeless, so yes,” He said when he was asked to support BTC, a remark that quickly pushed Bitcoin almost $ 110,000. Dogecoin also jumped 6%.
This decision follows the separation of Musk from the Republican Party on Trump’s controversial tax bill. Tesla always holding more than 11,500 BTC, Musk’s position adds a new political weight in the future of Bitcoin in the United States
The Japanese metaplanet is entering the next phase of its Bitcoin strategy.
After adding 2,205 BTC this week, the Tokyo -based company now holds 15,555 BTC, making it the largest company holder outside North America. Metaplanet will now use its Bitcoin holdings as a guarantee to finance profitable business acquisitions.
“We must accumulate as much bitcoin as possible … to reach the exhaust speed”, “ said CEO Simon Gerovich.
The company has set a bold target: 210,000 BTC by 2027.
# 6 Wazirx, Binance Face Heat like Fiu Flags Terror Finance Présories
The India Financial Intelligence Unit (FIU) Survey on Binance and Wazirx concerning the concerns that cryptographic transfers could be linked to cross -border terrorist financing. The emphasis is placed on portfolios without a ditch possibly connected to Pakistan, with increased activity reported in sensitive regions such as Jammu-et-Cachemire.
Binance cooperates with the authorities, a year after setting a penalty of 18 crosses to resume operations in India. Wazirx is also under control, with a next hearing of the Singapore court and claims that TRX tokens may have been used to finance the Islamic State activity.
# 7 Ripple chooses the head of the American bank to strengthen Rlusd Trust
Ripple has teamed up with BNY Mellon for childcare reserves for his Stablecoin, Rlusd – A decision that stimulates regulatory credibility and institutional trust. The announcement was made while Rlusd crosses a market capitalization of $ 500 million only seven months after the launch.
BNY Mellon will take care of reserve assets such as cash and the United States.
“We are delighted to support the growth and adoption of the RUSD”, “ Said Emily Portney from Bny Mellon.
Ripple also pursues a banking charter in the United States and a Fed Master account.
# 8 Nasdaq Firm goes all in Ethereum, empty BTC
Bit Digital, a company listed in Nasdaq, sold the 280 of its bitcoin to build a huge Ethereum treasure. After having collected $ 172 million in public offering, the company now has more than 100,600 ETH, aimed at becoming the largest holder of Ether.
The CEO Sam Tabar said that this decision reflects Ethereum’s long -term value, quoting intelligent contracts and ignition rewards. Bit Digital’s action jumped almost 18%, because the markets responded to the strategy.
The 9 -ton viral gold visa field was denied by water
Tonceoin jumped almost 12% after the CEO of your foundation said that $ 100,000 $ 1 ignition could get investors a golden visa from the water. But the water authorities quickly denied her. The main regulators of the country – ICP, SCA and Vara – have published a joint declaration calling for the false complaint, clarifying that your is not authorized or approved in Dubai. There is no visa route for cryptographic investors.
# 10 Tokenized titles still count like titles, said dry
The SEC commissioner, Hester Peirce, known as “Crypto Mom”, warned that token members do not change their legal status.
“As powerful as blockchain technology, she has no magic capacities to transform the nature of the underlying assets”, “ She said. His comments are involved in an increasing interest in blockchain -based actions, companies like Coinbase requesting approval to offer token actions. Peirce also reported risks linked to third -party tokens, saying that buyers could face additional legal and financial uncertainty.
Under the spotlight
Here are a few quick blows that you should not miss!
South Korea to grant the risk status of crypto startups: A new government proposal could give digital asset companies access to tax reductions, financing and loan guarantees for the first time as part of the national venture capital ecosystem.
New Zealand prohibits crypto automatic counters in the repression of money laundering: The authorities stop 220+ cryptographic kiosks and limit transfers abroad to $ 5,000, aimed at tightening the controls of illicit funds and stimulating the application of financial crime.
Trump Media File for “Crypto Blue Chip Etf” with dry: The proposed fund would follow five major tokens, notably Solana and XRP, with Crypto.com to serve as a digital goalkeeper if it is approved.
Hong Kong’s Stablecoin license race draws more than 40 world players: The best companies like JD.com, Ant Group and Circle are in competition for less than 10 Stablecoin licenses while Hong Kong deploys its new digital asset regime in August.
The CEO of Tether says “We will be the largest Bitcoin minor by the end of 2025”: The USDT transmitter develops rapidly with more than 15 sites in Latin America, you bet large on mining to protect its reserves and respect the stable stable rules under the law on engineering.
What is the next step for Crypto?
Major changes to wait
- Bitcoin could see new institutional flows while political approvals accumulate, from the platform of the America Party of Musk to Metaplanet in Japan, double on the acquisitions supported by BTC.
- Ripple’s Stablecoin ambitions can accelerate now that Bny Mellon is on board. With a ceiling of $ 500 million and an American bank charter in progress, Rlusd could grow more deeply in regulated finance.
- Ethereum’s call for the field, because Bit BTC digital pits for ETH to bet on the stimulum and intelligent contracts.
- Tokenization efforts can be faced with more resistance after Hester Peirce of the SEC has reaffirmed that digital packaging does not dodge the securities laws. Platforms like Coinbase will need sharper legal strategies.
- Samecoins can blur the lines between community -changing media and political narrative, while the commitment of $ 100 million from Justin Sun in Trump’s token raises new questions.
- Compliance with Stablecoin will tighten new acts at play global
This is me this week. Read smart, exchange more intelligently – next Saturday!
