{"id":86334,"date":"2025-08-06T11:11:25","date_gmt":"2025-08-06T11:11:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=86334"},"modified":"2025-08-06T11:11:25","modified_gmt":"2025-08-06T11:11:25","slug":"crypto-news-of-the-week-july-31-august-6-2025","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=86334","title":{"rendered":"Crypto News of the Week | July 31\u200a\u2014\u200aAugust 6, 2025"},"content":{"rendered":"<h3><strong>\ud83d\udce3 Crypto News of the Week | July 31\u200a\u2014\u200aAugust 6,\u00a02025<\/strong><\/h3>\n<p>\ud83d\udcc9 <strong>Bitcoin pulls back, altcoins step up<\/strong><br \/> Bitcoin dipped to around <strong>$113,000\u2013114,000<\/strong> amid renewed stagflation fears, but hints of a September Fed rate cut helped stabilise prices. Ether traded near <strong>$3,627<\/strong>, while Cardano, Solana and XRP saw gains of up to <strong>8%<\/strong>. The <strong>Altcoin Season Index<\/strong> jumped sharply, suggesting capital is rotating into altcoins.<\/p>\n<p>\ud83c\udfdb <strong>Regulatory shake-up in the US<\/strong><br \/> The <strong>GENIUS Act<\/strong>, officially signed into law, introduces new rules for stablecoins, demanding full reserves and strict audits. The <strong>CLARITY Act<\/strong> passed the House, drawing a clear line between CFTC and SEC responsibilities. Meanwhile, a proposed executive order could allow crypto to be included in <strong>401(k)<\/strong> retirement plans\u200a\u2014\u200aa bold step into mainstream finance.<\/p>\n<p>\ud83d\uddf3 <strong>Politics meet crypto<\/strong><br \/> Trump\u2019s crypto-friendly stance is pulling unexpected support: several Democrat lawmakers are now backing his digital asset bills to appeal to younger voters. Even as internal party criticism grows, bipartisan momentum for crypto regulation is building\u00a0fast.<\/p>\n<p>\ud83c\udf0d <strong>Pakistan enters the mining race<\/strong><br \/> Pakistan has launched its own <strong>Virtual Assets Regulatory Authority<\/strong> and allocated <strong>2,000 MW<\/strong> of energy to bitcoin mining. The country also established its first <strong>strategic bitcoin reserve<\/strong>, marking a major shift in South Asia\u2019s stance on crypto adoption.<\/p>\n<p>\ud83d\udcbc <strong>Institutions double down<\/strong><br \/> Crypto hedge funds continued to deliver strong returns: top players reported <strong>7\u20138.3%<\/strong> YTD gains. At the same time, small public companies ramped up their holdings of ether\u200a\u2014\u200anow collectively owning close to <strong>1 million ETH<\/strong>\u200a\u2014\u200aand started staking to earn yields of up to\u00a0<strong>4%<\/strong>.<\/p>\n<p>\ud83d\udca1 <strong>ETH outperforming BTC<\/strong><br \/> Ether surged over <strong>50% month-to-date<\/strong>, outpacing Bitcoin\u2019s ~10% gain. Drivers include bullish sentiment around new stablecoin laws, rising spot ETF volumes, and a wave of corporate accumulation.<\/p>\n<p>\ud83c\udf89 <strong>Fun Fact of the Week<\/strong><br \/> One of the biggest crypto thefts in history went unnoticed for years: mining firm <strong>LuBian<\/strong> lost over <strong>$14.5 billion<\/strong> in BTC back in 2020 due to a coding flaw. The hack wasn\u2019t discovered until this year\u200a\u2014\u200aand the stolen coins still haven\u2019t\u00a0moved!<\/p>\n<p>\ud83d\udcf2 Follow NordFX for more crypto insights, forecasts and weekly updates\u200a\u2014\u200awhere finance meets the\u00a0future.<\/p>\n<p><a href=\"https:\/\/medium.com\/coinmonks\/crypto-news-of-the-week-july-31-august-6-2025-23e3adf24625\">\ud83d\udce3 Crypto News of the Week | July 31\u200a\u2014\u200aAugust 6, 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\udce3 Crypto News of the Week | July 31\u200a\u2014\u200aAugust 6,\u00a02025 \ud83d\udcc9 Bitcoin pulls back, altcoins step up Bitcoin dipped to around $113,000\u2013114,000 amid renewed stagflation fears, but hints of a September Fed rate cut helped stabilise prices. Ether traded near $3,627, while Cardano, Solana and XRP saw gains of up to 8%. The Altcoin Season [&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-86334","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86334"}],"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=86334"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/86334\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}