Day: July 2, 2025

NEAR Protocol Rises 3.8% as Index Trades Higher

CryptoX Indices presents its daily market update, highlighting the performance of leaders and laggards in the CryptoX 20 Index. The CryptoX 20 is currently trading at 2994.89, up 1.2% (+34.94) since 4 p.m. ET on Tuesday. Seventeen of 20 assets are trading higher. Leaders: NEAR (+3.8%) and ADA (+3.3%). Laggards: BCH (-2.9%) and APT (-0.6%). The CryptoX 20 is a broad-based index traded on multiple platforms in several regions globally. Source CryptoX Portal

Bitcoin vs stablecoins showdown looms as GENIUS Act nears

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There’s been an unprecedented tailwind in Washington DC this year for stablecoins. From the embrace of the assets by politicians and the industry to the GENIUS stablecoin legislation passing the Senate, 2025 marks an important turning point.   US Treasury Secretary Scott Bessent praises the US Senate’s approval of the GENIUS Act (X). Treasury Secretary Scott Bessent even tasked stablecoins with nothing less important than ensuring the greenback remains the world’s number one currency. “As President Trump has directed, we are going to keep the US the dominant reserve currency in…

Thesis Acquisition of Lolli Targets Mainstream Bitcoin Use

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Bitcoin venture studio Thesis has acquired Lolli, a platform allowing users to earn bitcoin through shopping and gaming. The deal, announced July 2, aims to integrate Lolli into Thesis’ existing portfolio, which includes Fold, Mezo, and tBTC, to expand consumer bitcoin applications. Thesis Adds Shopping Rewards App Lolli to Roster Thesis co-founder and CEO Matt […] Original

Dogecoin Under $0.20 ‘Is Free’: Analyst—Predicts 2,000% Upside

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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. Dogecoin is revisiting a technical juncture it has not seen since the months preceding its 2020–21 parabolic rally, according to a comparative chart published by the pseudonymous analyst Kaleo to his 705,000 followers on X. In…

Bitcoin mining ⛏️🪨 IRL

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Behind the scenes of how I filmed our crypto currency video #behindthescene #zachking ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

China May Join Stablecoin Race, Central Bank Voices Concern

Key Notes PBoC Governor Pan Gongsheng highlighted the potential of stablecoins to safeguard against politicized traditional payment systems. Former PBoC chief Zhou Xiaochuan warned that dollar-linked stablecoins could accelerate global dollarization, and China needs to act early. Morgan Stanley suggests China may use Hong Kong as a pilot zone for offshore yuan-based stablecoins, enabling innovation without violating capital controls. China’s central bank, the People’s Bank of China (PBoC), has asked government officials to explore using stablecoins for cross-border payments. This push comes at a time when the US is on…

Belgium Bank KBC To Debut Bitcoin Via Bolero: Report

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KBC Bank, one of Belgium’s largest financial institutions, is reportedly preparing to allow its customers to invest in cryptocurrencies through its Bolero subsidiary. Bolero, an online investment platform operated by KBC, will roll out access to Bitcoin (BTC) and Ether (ETH) investments on its platform later this year, local newspaper L’Echo reported on Wednesday. KBC expects to secure regulatory approval for the product by autumn. A spokesperson for KBC confirmed the bank’s plans to L’Echo. “Individual investors could then invest directly in Bitcoin and Ether in a secure environment, with…

Public Firms Snag 131,000 BTC, Surpassing ETFs In Bitcoin Purchases

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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. According to CNBC, corporate treasuries around the globe have surpassed exchange-traded funds (ETFs) in Bitcoin (BTC) acquisitions for three consecutive quarters.  This indicates a growing interest among public companies to adopt strategies similar to those pioneered…

Crypto Rally 2.0? US M2 Money Supply at Record Highs

Key Notes The US M2 money supply has reached an all-time high of $21.94 trillion, growing 4.5% year over year. BTC remains inside a descending channel since its $112K peak but shows resilience above key levels. The increase in M2 money supply indicates increased liquidity that could boost risk assets like Bitcoin. The M2 money supply, a broad gauge of circulating currency including cash, checking deposits, and money market funds, just surpassed its previous peak from March 2022. Year-on-year growth is now at 4.5%, the highest in 3 years, signaling…

Italian Banking Group Banca Sella Pilots Stablecoin Custody With Fireblocks: Bloomberg

Banca Sella, an Italian banking group known for tech experiments, has begun an internal trial that lets a handful of employees hold crypto, including stablecoins, through custody software from Fireblocks. The trial runs until the end of the summer, after which executives will decide whether to open the vault to the group’s 1.4 million customers who keep more than €66 billion ($77.5 billion) under custody, Bloomberg reports. Sella’s test covers custody only. Trading in bitcoin or other volatile tokens is not on its roadmap, according to the story. Europe’s clearer…