{"id":83190,"date":"2025-07-23T15:26:49","date_gmt":"2025-07-23T15:26:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=83190"},"modified":"2025-07-23T15:26:49","modified_gmt":"2025-07-23T15:26:49","slug":"crypto-news-of-the-week-16-23-july-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=83190","title":{"rendered":"Crypto News of the Week | 16\u201323 July 2025"},"content":{"rendered":"<p>\ud83d\udcc8 <strong>Bitcoin rally loses steam<\/strong><br \/> Bitcoin touched a new all-time high above <strong>$123,000<\/strong> before pulling back to the <strong>$118\u2013119k<\/strong> range midweek. Ethereum surged past <strong>$3,800<\/strong>, its highest level since January, while the total crypto market cap briefly exceeded <strong>$4 trillion<\/strong> before correcting. Volatility returned as traders assessed regulatory signals and profit-taking intensified.<\/p>\n<p>\ud83c\udfdb\ufe0f <strong>\u2018Crypto Week\u2019 in Washington<\/strong><br \/> The U.S. officially named last week \u201cCrypto Week\u201d, fast-tracking three major bills. The <strong>GENIUS Act<\/strong>, now signed into law, establishes the first nationwide framework for stablecoins\u200a\u2014\u200arequiring full backing and joint federal\u2013state oversight. Meanwhile, the <strong>Clarity Act<\/strong> draft from the Senate aims to define which digital assets fall under SEC vs CFTC regulation, setting the stage for a more transparent market.<\/p>\n<p>\ud83d\udcbc <strong>Banks &amp; billionaires go deeper into crypto<\/strong><br \/> JPMorgan is preparing to offer loans against crypto holdings, while PNC Bank will soon allow crypto trading directly from its platform. At the same time, Trump Media &amp; Technology shocked markets by revealing that <strong>66% of its liquid reserves<\/strong> are now held in bitcoin. Elon Musk\u2019s SpaceX also moved over <strong>1,300 BTC<\/strong> for the first time in years\u200a\u2014\u200araising speculation about strategic treasury\u00a0shifts.<\/p>\n<p>\ud83c\udf0d <strong>Retail frenzy &amp; global flows<\/strong><br \/> Retail activity in South Korea surged sixfold over the past two weeks, echoing a broader return of speculative energy. Open interest on major crypto futures platforms is also rising fast, hinting at potential breakouts\u200a\u2014\u200aor breakdowns\u200a\u2014\u200aahead.<\/p>\n<p>\ud83c\udf89 <strong>Fun Fact<\/strong><br \/> A Solana-based meme token called <strong>Snorter Bot ($SNORT)<\/strong> raised over <strong>$2.2 million<\/strong> during its presale, fuelled by viral Telegram hype and trading bots that \u201csniff out\u201d market opportunities. It\u2019s crypto\u200a\u2014\u200aanything can\u00a0happen.<\/p>\n<p>\ud83e\udded <strong>Why it matters<\/strong><br \/> From Washington to Wall Street, crypto is no longer on the sidelines. Regulation is advancing, banks are opening their doors, and institutions are treating bitcoin as a treasury asset. But with rising volatility, this is a market that rewards strategy over\u00a0FOMO.<\/p>\n<p>\ud83d\udcca Stay sharp\u200a\u2014\u200aand stay with NordFX for every opportunity the crypto world\u00a0brings.<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/crypto-news-of-the-week-16-23-july-2025-ad3e68378fb4\">\ud83e\ude99 Crypto News of the Week | 16\u201323 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>\ud83d\udcc8 Bitcoin rally loses steam Bitcoin touched a new all-time high above $123,000 before pulling back to the $118\u2013119k range midweek. Ethereum surged past $3,800, its highest level since January, while the total crypto market cap briefly exceeded $4 trillion before correcting. Volatility returned as traders assessed regulatory signals and profit-taking intensified. \ud83c\udfdb\ufe0f \u2018Crypto Week\u2019 [&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-83190","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83190"}],"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=83190"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83190\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}