Bitget Wallet partnered with Mastercard and infrastructure provider Immersve to launch a zero-fee crypto-linked payment card. Mastercard Digital First Enables Instant Bitget Wallet Crypto Card Access The card allows users to spend directly from their digital wallets at over 150 million Mastercard-accepting merchants globally. It will be accessible via the Bitget Wallet app, supporting real-time […] Source CryptoX Portal
Day: July 1, 2025
Senate passes Trump’s massive budget bill, with no mentions of crypto or Bitcoin
Trump’s “big, beautiful bill” passed the Senate, but without any provisions related to the crypto industry. Trump’s budget bill passed the Senate, but the crypto industry has little to celebrate. On Tuesday, June 1, the U.S. Senate passed the sweeping budget bill, with a razor-thin margin. Yet, despite Donald Trump’s past vocal support for the crypto industry, the bill had no crypto-related provisions. Specifically, there was no mention of “digital assets,” “Bitcoin,” “Ethereum,” “crypto,” “web3,” or “blockchain” anywhere in the over 1000-page bill. This is despite specific efforts by pro-crypto…
Fed comment could trigger Bitcoin, altcoin rally
Bitcoin and altcoin prices could stage a strong rally in July after a surprise statement from Jerome Powell, the Federal Reserve Chair. In a statement, Powell changed his tune on when the Fed will start cutting interest rates. For the first time this year, he did not rule out slashing rates as soon as in the July meeting. He said: “I really can’t say. It’s going to depend on the data. And we are going meeting by meeting. I wouldn’t take any meeting off the table or put it directly on…
Bitcoin Price Risks Market Crash After Closing Below Final Weekly Resistance
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto analyst Rekt Capital has warned about a potential crash for the Bitcoin price, after the flagship crypto closed below a critical resistance level. The analyst also highlighted the level that BTC needs to reclaim to…
Swiss Financial Regulator Urges Swissquote To Tackle Fake Websites
Swissquote, the online trading platform behind the crypto-friendly Yuh app, has been ordered by Swiss regulators to reduce the number of phishing and impersonation attempts targeting its platforms. More than 600 websites impersonating Swissquote platforms or attempting to defraud users through fraudulent login portals were discovered in the first half of 2025, according to Bloomberg. The Swiss Financial Market Supervisory Authority (FINMA) cited the Yuh platform, which also features crypto trading, as a major target of fraud campaigns perpetrated by scammers. Crypto losses in Q3 2025 categorized by the scam…
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Botanix L2 mainnet goes live, cuts Bitcoin block times to 5 seconds
Botanix isn’t the first to promise smart contracts on Bitcoin, but it may be the first to deliver them without centralization and possibly cut BTC block times to five seconds. Its mainnet launch signals a new phase in the evolution of Bitcoin’s utility beyond store of value. According to a press release, Botanix Labs has officially launched its Ethereum Virtual Machine-compatible Bitcoin (BTC) Layer 2 mainnet, backed by a decentralized federation of 16 node operators, including Galaxy, Fireblocks, and Antpool. The network, which processed over 26 million testnet transactions since…
The Smarter Web Company Increases Bitcoin Holdings to 773.58 BTC
On July 1, 2025, The Smarter Web Company PLC, a London-listed technology firm, announced the acquisition of an additional 230.05 BTC as part of its ongoing bitcoin treasury policy outlined in “The 10 Year Plan.” The company purchased the bitcoin at an average price of £78,103 ($107,126) per bitcoin, totaling £17,967,595 ($24,761,996). With this latest […] Original
Global Dollar (USDG) Stablecoin Launches in the European Union
On July 1, 2025, Paxos officially launched the Global Dollar (USDG), a fully regulated USD-backed stablecoin, in the European Union (EU). Compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation and overseen by the Finnish Financial Supervisory Authority and the Monetary Authority of Singapore, USDG is designed to meet the increasing demand for stablecoins in […] Source CryptoX Portal
Bitcoin Network Volume Echoes Mid-2021 ‘Stable Equilibrium’
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After rebounding from a local bottom of around $75,000 in April, Bitcoin (BTC) appears to be stuck in the $100,000 to $110,000 range, showing little indication of a clear directional trend. One key data point reflecting…