đź“° News Alert...
đź”– Title: Crypto Market Reacts to Tariff News and Major Industry Developments
🗓️ Published: 2025-07-08T21:01:58.000Z
📄 Summary: The crypto market experienced initial losses following tariff-related reports but quickly recovered, with Ethereum (ETH) outperforming while altcoins showed weakness after the announcement from PumpFun. The latter plans a substantial $600 million token sale, targeting a $4 billion valuation. In regulatory news, the Trump administration will release a comprehensive crypto report on July 22. The US government deposited $218,000 worth of ETH to Coinbase, while Robinhood engages with regulators regarding tokenized shares. Truth Social has filed for a Blue Chip crypto ETF, and the US dropped its appeal in the Tornado Cash lawsuit. Several strategic moves were highlighted, including Semler Scientific’s $20 million Bitcoin purchase, Bit Digital’s shift to an ETH-focused treasury, and Metaplanet’s plan to use Bitcoin as collateral for mergers and acquisitions. Additionally, the XRP CEO is set to testify before the Senate on crypto legislation, and Hong Kong crypto stocks soared on stablecoin momentum. BBVA initiated BTC and ETH trading for retail customers in Spain, and El Salvador recently added $800k worth of Bitcoin to its reserves.
đź”— https://decrypt.co/videos/interviews/cM75emeO/america-invest-act-corp-treasury-stocks-pump-fun
🗞️ Source: Decrypt
đź’“ #CryptoNews #Ethereum #BlockchainInnovation