Circle has applied to establish the first U.S. digital currency bank, named First National Digital Currency Bank, N.A., focusing on managing USDC reserves and providing digital asset custody.
The application, filed on June 30, 2025, with the Office of the Comptroller of the Currency (OCC), aims to enhance regulatory oversight and align with the GENIUS Act.
If approved, this could strengthen the stablecoin market, though the outcome and t…
The U.S. House of Representatives begins “Crypto Week” (July 14–18, 2025) to vote on the Digital Asset Market Clarity Act, GENIUS Act, and Anti-CBDC Surveillance State Act.
These bills aim to clarify digital asset regulations, regulate stablecoins, and block a U.S. CBDC, potentially boosting institutional adoption.
Outcomes could position the U.S. as a global crypto hub, with votes expected by July 18.
The U.S. House of Repre…
Bitcoin surged 6.11% in 24 hours to a new all-time high of $118,339.82, driven by robust institutional demand.
Bitcoin ETF inflows reached $1.17 billion, with BlackRock’s IBIT and Fidelity’s FBTC leading at $448.5M and $324.3M, respectively.
Analysts highlight sustained investor confidence as a key driver, though volatility risks persist.
Bitcoin hit a record high of $118,339.82 on July 11, 2025, climbing 6.11% in 24 hours, f…
ICO Details: Pump.fun, a Solana-based memecoin platform, will launch its $PUMP token via an Initial Coin Offering (ICO) on July 12, 2025, at 14:00 UTC.
Token Allocation: 33% of the 1 trillion total $PUMP supply (330 billion tokens) will be sold, with 15% (150 billion) for public sale and 18% already allocated to private institutional buyers.
Pricing and Accessibility: Tokens are priced at $0.004 each, fully unlocked at launch, but US…
Tariff Announcement: President Trump announced 25% tariffs on Japan and South Korea, delayed to August 1, 2025, to pressure trade negotiations.
Stock Market Impact: U.S. and Asian stocks fell sharply, with Japanese automakers like Toyota dropping 4% and South Korean tech firms like LG Display declining 8.3%.
Crypto Market Stability: Cryptocurrencies, including Bitcoin, saw minimal movement, with BTC dipping just 0.36% to $108,488.50…
