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The US House GOP has announced the week of July 14 as “Crypto Week” to push three key crypto bills. Lawmakers will consider the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act, to be brought to a vote. NEW: Chairman @RepFrenchHill, @HouseAgGOP Chairman @CongressmanGT, and House Leadership announced that the week…

Since bottoming out on April 7, 2025, following the tariff war selloff, the S&P 500 (SPX) has sustained a robust rally. The Index is reaching new all-time highs in a clear Elliott Wave impulsive structure. Technical analysis, particularly momentum indicators like the Relative Strength Index (RSI), shows no divergence at the latest peak. This indicates…

The crypto market is showing mixed signals today, with the total crypto market cap falling 2.9%. Bitcoin is up 0.5% over the past 24 hours, currently trading just above $109,000 after briefly crossing $110,300. Ethereum has held strong position, rising over 0.7% and trading above $2,570. But what else is happening in crypto news today?…

The Internal Revenue Service’s (IRS) criminal division has come under scrutiny for failing to properly document and track billions of dollars in seized cryptocurrency assets, according to a recent report by the Treasury Inspector General for Tax Administration (TIGTA). The watchdog’s investigation, released this week, shows major lapses in how IRS Criminal Investigation (IRS-CI) handles…

JPMorgan has cast doubt on the bullish projections surrounding stablecoins, predicting the market will only grow to $500b by 2028 and cautioning that trillion-dollar forecasts are “far too optimistic.” The bank pointed to weak mainstream adoption and limited use beyond crypto trading as key hurdles to growth. Reuters reported Friday that the brokerage said stablecoins…

An exclusive new South Korean social club that caters to the super-rich and commands a KRW 1 billion ($734,290) annual membership fee could exclude people who made their fortunes from trading crypto, a report has claimed. A reporter from the South Korean newspaper Kookmin Ilbo visited the club, named DYAD Cheongdam, and wrote: “Not everyone…

Anthropic’s advanced AI language model, Claude AI, predicts tidy gains by Christmas for holders of some of the biggest-hitting altcoins. The $2 trillion market cap Bitcoin ($BTC) has gained 1% over the past 24 hours to trade at $109,542, which is just 2% down from its all-time high (ATH) of $111,814 on May 22. Heightened…

ChatGPT’s AI model processed 42 live indicators, revealing mixed consolidation indicators as Solana (SOL) holds at $150.84 amid a historic staking ETF launch, which generated $33 million in first-day volume and ranks among the top 10 ETF launches of 2025. DeFi Dev Corp’s new $112.5 million convertible note intends to accumulate SOL while institutional demand…

Crypto price sentiment appears to be on the rise once more, buoyed by Bitcoin’s 2% gain in the past day as the market starts to shake off weeks of stagnation driven by global geopolitical tensions. Naturally, with Bitcoin regaining momentum, many traders are anticipating that the world’s only $2 trillion crypto asset could soon surpass…

Nano Labs Ltd, a Web3 infrastructure and product solutions provider based in China, announced today the acquisition of 74,315 Binance Coin (BNB) tokens via over-the-counter (OTC) transactions at an average price of approximately $672.45 per token, representing a total investment of roughly $50 million. The purchase brings the company’s total digital asset reserves, encompassing Bitcoin…