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Author: Isabella Taylor
Stocks are little changed in early trading on Tuesday as investors pay attention to corporate earnings and the latest tariffs news. Dow Jones Industrial Average hovered 25 points up while S&P 500 and Nasdaq Composite hugged the flatline at 0.03% and -0.13% respectively. Tech stocks had previously bolstered the latter’s push to a sixth straight winning session on Monday. The less upbeat Wall Street was likely a reaction to the corporate earnings, with results of General Motors unimpressive. The automaker reported a 32% drop in core profit. The firm announced results before markets opened on Tuesday and showed a $1.1…
On July 18, President Donald Trump signed the GENIUS Act, which regulates stablecoins. One day prior to it, Mastercard introduced a piece on its role in the future space of regulated cryptocurrencies. According to Mastercard, the passage of the bill begins “the new era of regulatory clarity and confidence in digital assets.” What is this era going to look like, and what’s Mastercard’s role in it? Summary Now that the Genius Act became the law, Mastercard is going to foster mass adoption of stablecoins Mastercard client base amounts to several hundred million cardholders. Through a series of Mastercard’s partnerships with…
A market-wide pullback has pushed several tokens into the red, with most trading below or testing key support levels. According to crypto.news data on July 22, 2025, the crypto market has been trending lower over the past 24 hours. Bitcoin (BTC) trades slightly above $118,000, down 0.21% on the day. While modest, the decline mirrors a sharper 3.1% drop in Ethereum (ETH) during the same period. Among the even bigger losers are HBAR (HBAR), XLM (XLM), and SUI (SUI), which posted losses reaching 6%, 4%, and 3% respectively, while XRP (XRP), BNB (BNB) joined the trend with more minor declines…
Western Union CEO Devin McGranahan views the growing stablecoin adoption wave as an opportunity, despite concerns held by traditional banking institutions that view it as a threat. In an interview with Bloomberg, McGranahan highlighted the opportunities presented by the global stablecoin movement. His beliefs come amidst fears and concerns from traditional financial institutions that view stablecoins as a threat to the monetary system if not regulated properly. One of the benefits of using stablecoin that he believes could particularly strengthen the payment service sector is its usage when it comes to moving funds around the world at a speed that…
After years of silence, a SpaceX-linked wallet has suddenly moved $152 million in Bitcoin, prompting fresh concerns over what it could mean for BTC’s next price move. According to data from blockchain analytics platform Arkham Intelligence, on July 22, a wallet linked to Elon Musk’s multibillion-dollar space enterprise, SpaceX, had transferred 1,308.45 BTC, valued at approximately $152.91 million, to a new address. Notably, the transfer followed after the SpaceX wallet sent a small transaction fee of 0.000248 BTC worth $29 to Coinbase Prime. Source: Arkham Additional data from Arkham reveal that the last time the wallet saw any movement was…
In the digitized times, the emergence of cryptocurrency technology has been revolutionary. Cryptocurrency can be defined as a digital currency that relies on cryptography for ensuring security. What makes this technology unique is that it does not rely on any central authority. The total number of users in the cryptocurrency market is projected to reach 962.92 million by the year 2026, thus reflecting its rising acceptance and adoption. The surge in the adoption of cryptocurrencies by individuals and businesses alike has undoubtedly increased the demand for cryptocurrency professionals. Now is the ideal time for individuals to choose the cryptocurrency landscape…
Bitcoin’s July rally appears to be losing steam among retail investors, with selling activity rising sharply across U.S., Korean, and Binance-based retail segments, even as whales accumulate heavily. A July 22 analysis by CryptoQuant contributor Arab Chain points to waning demand from U.S. and Korean traders. The Coinbase Premium Index, which tracks the price gap between Coinbase and global exchanges, has stayed flat or negative despite Bitcoin’s (BTC) push to an all-time high of $122,838 on July 14. This indicates that U.S. investors are likely taking profits rather than accumulating. Similarly, the Korea Premium Index shows local traders are selling…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. It’s July 2025, and another half-year has passed, which in crypto time is equivalent to about three regular years. It’s the perfect time to take the temperature of the industry and ask ourselves what the heck is going on. You have major news moments: administration changes, regulatory advancements, Bitcoin (BTC) all-time highs, concerning breaches, and big IPOs. You have new narratives emerging on the conference circuit: fresh layer-1s trying to stake their claims, infrastructure conversations dominated by…
PENGU led altcoin gains today, driven by a surge in Pudgy Penguins NFT sales, as a rare bullish pattern was forming on its daily chart. According to data from crypto.news, Pudgy Penguins (PENGU) rose over 18% to an intraday high of $0.039 on July 21, its highest price since Jan. 8, before settling at $0.036 at the time of writing. The latest move brings the token’s gains to around 360% since last month’s low and approximately 850% above its year-to-date bottom. The rally has propelled PENGU to become the top performer among the top 100 crypto assets by market capitalization…
U.K. authorities have arrested two individuals and seized multiple crypto ATMs in connection with an investigation into an unregistered cryptocurrency exchange and suspected financial crime. According to a statement from the UK Financial Conduct Authority (FCA), the operation was carried out in partnership with the Metropolitan Police. Officers searched four premises across southwest London, leading to the seizure of seven crypto ATMs. The FCA confirmed that the suspects were interviewed under caution and have been released while investigations continue. No charges were filed yet, and an inquiry is still ongoing. Per the FCA, it is illegal to operate a cryptoasset…