{"id":79710,"date":"2025-07-10T11:41:30","date_gmt":"2025-07-10T11:41:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=79710"},"modified":"2025-07-10T11:41:30","modified_gmt":"2025-07-10T11:41:30","slug":"crypto-news-of-the-week-2-9-july-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=79710","title":{"rendered":"Crypto News of the Week | 2\u20139 July 2025"},"content":{"rendered":"<p><strong>\ud83e\ude99 Russia Goes Crypto to Dodge Sanctions<\/strong><br \/> Russian companies are increasingly using cryptocurrencies, gold, and internal netting schemes to settle international payments as Western sanctions tighten. A state-backed \u201cTransparent Blockchain\u201d system is due to launch by year-end to trace crypto flows more effectively.<\/p>\n<p><strong>\ud83c\udfdb\ufe0f USA Launches \u201cCrypto Week\u201d<\/strong><br \/> 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\u200a\u2014\u200amarking the most significant federal action on crypto so\u00a0far.<\/p>\n<p><strong>\ud83d\udcbc New Crypto Giant Enters Wall Street<\/strong><br \/> 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\u00a0funds.<\/p>\n<p><strong>\ud83d\udce6 Bitcoin Whale Awakens After 14 Years<\/strong><br \/> A mysterious wallet holding over 80,000 BTC\u200a\u2014\u200aworth more than $8.5 billion\u200a\u2014\u200asuddenly became active after lying dormant since 2011. While the coins haven\u2019t been sold, the move stirred waves across the market and sparked wild speculation.<\/p>\n<p><strong>\u2696\ufe0f Czech Minister Resigns in Bitcoin Scandal<\/strong><br \/> Czech Justice Minister Pavel Bla\u017eek stepped down after his office accepted a massive crypto \u201cdonation\u201d from a former dark-web convict. The scandal has rocked the government and triggered calls for tighter crypto transparency laws.<\/p>\n<p><strong>\ud83d\udca5 Meme-Coin Meltdown in Argentina<\/strong><br \/> Argentina\u2019s $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\u200a\u2014\u200awith political opponents demanding investigations into corruption and manipulation.<\/p>\n<p><strong>\ud83c\udf89 Fun Fact of the Week<\/strong><br \/> 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\u2019s the largest-ever move of dormant BTC\u200a\u2014\u200aand a reminder that crypto history never\u00a0sleeps.<\/p>\n<p><strong>\ud83d\udcca Market Recap<\/strong><br \/> Bitcoin hovered above $108,000\u2013$110,000, while ethereum remained steady around $2,580. Market cap dipped 2.4%, but sentiment stays cautiously bullish.<\/p>\n<p>\ud83d\udcf2 Stay tuned with <strong>NordFX<\/strong>\u200a\u2014\u200awhere crypto meets opportunity!<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/crypto-news-of-the-week-2-9-july-2025-573e9f11d3c2\">\ud83d\ude80 Crypto News of the Week | 2\u20139 July 2025<\/a> was originally published in <a href=\"https:\/\/medium.com\/coinmonks\">Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":"<p>\ud83e\ude99 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 \u201cTransparent Blockchain\u201d system is due to launch by year-end to trace crypto flows more effectively. \ud83c\udfdb\ufe0f USA Launches \u201cCrypto Week\u201d The US House is preparing a legislative [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-79710","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79710"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79710"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79710\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}