🪙 Russia Goes Crypto to Dodge Sanctions
Russian companies are increasingly using cryptocurrencies, gold, and internal netting schemes to settle international payments as Western sanctions tighten. A state-backed “Transparent Blockchain” system is due to launch by year-end to trace crypto flows more effectively.
🏛️ USA Launches “Crypto Week”
The US House is preparing a legislative push focused on cryptocurrencies. Lawmakers will vote on several key bills aiming to regulate stablecoins, ban central bank digital currencies, and clarify crypto market rules — marking the most significant federal action on crypto so far.
💼 New Crypto Giant Enters Wall Street
A crypto asset management firm backed by major industry players is seeking to raise over $1 billion through a SPAC listing on Nasdaq. Its portfolio includes bitcoin, ethereum, and solana, with ambitions to rival traditional hedge funds.
📦 Bitcoin Whale Awakens After 14 Years
A mysterious wallet holding over 80,000 BTC — worth more than $8.5 billion — suddenly became active after lying dormant since 2011. While the coins haven’t been sold, the move stirred waves across the market and sparked wild speculation.
⚖️ Czech Minister Resigns in Bitcoin Scandal
Czech Justice Minister Pavel Blažek stepped down after his office accepted a massive crypto “donation” from a former dark-web convict. The scandal has rocked the government and triggered calls for tighter crypto transparency laws.
💥 Meme-Coin Meltdown in Argentina
Argentina’s $LIBRA token, hyped by President Milei as a national crypto experiment, crashed spectacularly this week. After a brief surge, the token lost over $250 million in value — with political opponents demanding investigations into corruption and manipulation.
🎉 Fun Fact of the Week
Despite the $8.5B move from a sleeping bitcoin whale, none of the funds have hit exchanges. Some experts believe it was just a cold-storage reshuffle. Still, it’s the largest-ever move of dormant BTC — and a reminder that crypto history never sleeps.
📊 Market Recap
Bitcoin hovered above $108,000–$110,000, while ethereum remained steady around $2,580. Market cap dipped 2.4%, but sentiment stays cautiously bullish.
📲 Stay tuned with NordFX — where crypto meets opportunity!
🚀 Crypto News of the Week | 2–9 July 2025 was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story.