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On Jul 19, 2025, 04:06 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,600 USDT benchmark and is now trading at 3,604.530029 USDT, with a narrowed 0.60% increase in 24 hours.

According to Foresight News, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling approximately $816 million over the past 24 hours. Long positions accounted for $541 million of the liquidations, while short positions made up $275 million. Bitcoin saw liquidations amounting to $139 million, and Ethereum experienced $215 million in liquidations.

According to Foresight News, 21Shares has partnered with Teucrium ETFs to submit applications for two cryptocurrency index ETFs to the U.S. Securities and Exchange Commission (SEC). The proposed ETFs include the 21Shares FTSE Crypto 10 Index ETF and the 21Shares FTSE Crypto 10 ex-BTC Index ETF.

According to BlockBeats, U.S. President Donald Trump signed the GENIUS Act on Friday, prohibiting the issuance of yield-bearing stablecoins. This legislation effectively eliminates opportunities for both institutions and retail investors to earn interest through these financial instruments, which typically generate returns via staking or lending mechanisms. Cryptocurrency analyst Nic Puckrin remarked that the removal of stablecoin yields is positive news for Ethereum-based decentralized finance (DeFi) as a primary alternative for generating passive income. Christopher Perkins, President of CoinFund, commented that the U.S. dollar is a depreciating asset without yield. He noted that DeFi offers a platform to generate returns and preserve value, suggesting that the decline of stablecoins could lead to a rise in DeFi's popularity.

According to Foresight News, Onchain Lens monitoring reveals that SharpLink Gaming has acquired an additional 4,904 ETH, valued at approximately $17.45 million. This acquisition brings the company's total Ethereum holdings to around 358,000 ETH.

According to BlockBeats, Circle CEO Jeremy Allaire expressed optimism about the company's prospects under the GENIUS Act, citing its consistent compliance history. Allaire stated that the legislation aligns with Circle's operational practices, which have earned trust from leading institutions due to its commitment to transparent audits and adherence to global regulatory standards. Allaire believes the GENIUS Act will enhance Circle's growth opportunities as it transitions from offshore cryptocurrency trading to legitimate digital dollar currency, integrating into the mainstream financial system. Despite the rivalry between Tether and Circle, their leaders rarely appear together. However, the signing ceremony for the GENIUS Act at the White House provided a unique occasion where U.S. President Donald Trump signed the act with Paolo Ardoino and Jeremy Allaire standing behind him.

According to Foresight News, cryptocurrency trading platform Bullish has filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission, aiming to list on the New York Stock Exchange under the ticker symbol "BLSH." CEO Tom Farley stated that the decision to pursue an IPO is driven by the belief that the digital asset industry is entering its next growth phase. Farley emphasized that transparency and compliance are central to Bullish's operations, aligning well with the values of public capital markets.

According to TechFlow, on July 19, Lookonchain reported that two newly created addresses withdrew a total of 22,434 ETH from a centralized exchange six hours ago.

According to PANews, the cryptocurrency market experienced varied movements on July 19, with several tokens showing significant gains and others facing notable declines. Leading the day's gains, CRV is currently priced at $0.995, marking a 4.44% increase. DOGE follows with a price of $0.242, up by 2.23%, while XRP is valued at $3.442, reflecting a 2.02% rise. AAVE stands at $319.78, with a modest gain of 0.67%, and SATS is priced at $0.0000000484, up by 0.66%. Conversely, several tokens experienced declines. OP is currently priced at $0.738, showing a decrease of 5.46%. ARB follows with a price of $0.448, down by 4.63%. 1INCH is valued at $0.313, reflecting a 3.99% drop, while LUNC stands at $0.0000656, down by 3.98%. NOT is priced at $0.00224, marking a decline of 3.94%.

According to PANews, OpenAI announced on July 18, 2025, the initiation of a $50 million fund aimed at supporting nonprofit and community organizations. The company stated that this fund will be used to collaborate with partners to harness the transformative potential of artificial intelligence in areas such as education, economic opportunities, community organization, and healthcare. OpenAI plans to expand its impact and foster innovation through this initiative. Additionally, the company will support community-led research and innovation to leverage AI's potential for public welfare.

According to PANews, U.S. President Donald Trump has officially signed the GENIUS Act, a significant piece of legislation concerning stablecoins. This act is considered the most supportive regulatory framework for digital assets in U.S. history. Senator Cynthia Lummis expressed her approval of the legislation, highlighting its importance in advancing the management of digital assets.

According to BlockBeats, Farside Investors reported that the REX-Osprey SOL spot ETF experienced a net inflow of $11.4 million yesterday. This brings the total net inflow to $92.8 million after market hours.

According to PANews, Charles Schwab's CEO Rick Wurster announced during a Friday earnings call that the company is contemplating the issuance of its own stablecoin. Wurster highlighted the potential role of stablecoins in blockchain transactions, aligning with the company's aspirations to offer such services. The call also revealed that Charles Schwab is preparing to introduce Bitcoin and Ethereum spot ETFs for its clients. Despite managing over $7 trillion in assets, the brokerage giant has maintained a cautious approach towards incorporating cryptocurrency investment options into its offerings.

According to Odaily, James Wynn stated on the X platform that as Bitcoin's dominance (BTC.D) increases, funds are moving away from altcoins. This shift suggests that the anticipated altcoin season may be temporarily postponed.

According to PANews, following the signing of the GENIUS Act by U.S. President Donald Trump, Tether CEO Paolo Ardoino announced the company's intention to ensure its flagship stablecoin, USDT, complies with the Act's regulations for foreign stablecoin issuers to enable transactions within the United States. Ardoino stated that Tether aims to create a U.S.-based stablecoin while seeking approval for USDT under the GENIUS Act. He noted that Tether's products will cater to different needs of U.S. customers, with USDT potentially being used primarily for overseas remittances. The GENIUS Act mandates foreign issuers to adhere to stringent anti-money laundering laws and undergo complex reserve audits. Although Tether's reserves have never undergone a comprehensive audit, Ardoino mentioned plans for future audits to ensure compliance.

According to Odaily, GreyNoise reports that hackers continue to attempt exploiting the CVE-2025-48927 vulnerability in the TeleMessage application. So far, 11 IP addresses have been identified as attempting attacks, while over 2000 IPs have engaged in reconnaissance activities. This vulnerability is associated with the Spring Boot Actuator component, allowing unauthorized access to heapdump endpoints and extraction of system data. TeleMessage has announced that the vulnerability has been addressed, although the progress of the fix may vary depending on certain conditions.

On Jul 18, 2025, 23:52 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 118,000 USDT benchmark and is now trading at 118,012.21875 USDT, with a narrowed narrowed 1.05% decrease in 24 hours.

According to Cointelegraph, the introduction of Bitcoin exchange-traded funds (ETFs) and other institutional Bitcoin products is significantly impacting the core principles of cryptocurrency, originally envisioned by Satoshi Nakamoto. Onchain data reveals a steady decline in Bitcoin self-custody since January 2024, coinciding with the approval of Bitcoin spot ETFs. This shift marks a notable change in investor behavior, as more individuals opt for institutional custody solutions like ETFs over managing private wallets. The creation of new Bitcoin addresses has slowed after nearly 15 years of growth, with active addresses dropping sharply from nearly 1 million in January 2024 to approximately 650,000 by late June 2025, levels not seen since 2019. Analyst Willy Woo noted that the growth rate of self-custody users has declined since the availability of spot ETFs. This trend reflects Bitcoin's integration into the traditional financial system, attracting more investors through BTC funds. However, some view this as a departure from Bitcoin's original purpose of individual sovereignty. The launch of spot Bitcoin ETFs by companies such as BlackRock, Fidelity, and Grayscale has been a pivotal moment for Bitcoin. These ETFs provide investors with regulated, institution-grade access to cryptocurrency without the need to manage wallets, exchanges, or private keys. They also offer tax advantages and secure custody, along with the convenience of traditional brokerage platforms. The market demand for these products has been robust, with spot Bitcoin ETFs witnessing around $50 billion in net inflows within the first 18 months. BlackRock’s IBIT led the market, reaching $83 billion in assets under management by July 18, 2025, and holding over 700,000 BTC. Bitcoin ETFs are not the only traditional gateway into the cryptocurrency. Bitcoin treasury companies, which hold Bitcoin as a strategic reserve asset, have evolved from a few high-conviction players into a broader institutional movement. By the end of Q2 2025, the number of public companies holding BTC increased to 125, a 58% rise from the previous quarter. As of mid-2025, over 250 organizations, including public companies, private firms, ETFs, and pension funds, hold BTC on their balance sheets. These treasury companies provide an indirect way to invest in Bitcoin, eliminating the need for self-custody or direct interaction with crypto exchanges, while offering regulatory oversight and institutional-grade custody.

According to Cointelegraph, the recent enactment of the GENIUS bill by U.S. President Donald Trump has significant implications for the cryptocurrency market, particularly for Ethereum and decentralized finance (DeFi) applications. The legislation, which prohibits yield-bearing stablecoins, is expected to increase demand for Ethereum-based DeFi platforms as they become the primary alternative for generating passive income. Yield-bearing stablecoins, which offer returns through mechanisms like staking or lending, have been a popular choice for both retail traders and institutions seeking to earn interest. However, with the new law in place, these opportunities are curtailed, potentially driving more interest towards DeFi solutions on the Ethereum network. Crypto analyst Nic Puckrin suggests that the removal of yield on stablecoins could be beneficial for Ethereum-based DeFi, as it positions these platforms as the main source for passive income generation. Christopher Perkins, President of CoinFund, emphasized the importance of yield in preserving value, especially in the face of fiat currency depreciation. He noted that DeFi could become the new frontier for yield generation, transforming the current stablecoin market dynamics into what he terms "DeFi summer." With Ethereum accounting for the majority of the total value locked in the DeFi sector, this shift could attract more institutional capital into the crypto space as financial institutions seek on-chain yield opportunities to meet their fiduciary responsibilities. The ban on yield-bearing stablecoins has sparked debate among policymakers and industry experts. At the DC Blockchain Summit, U.S. Senator Kirsten Gillibrand expressed concerns that these stablecoins could disrupt the traditional banking sector by reducing the demand for legacy banking services. She argued that if private stablecoin issuers offer interest opportunities to customers, it could undermine the market for loans and other banking services. In contrast, New York University professor Austin Campbell criticized the banking industry's resistance to yield-bearing stablecoins, suggesting that traditional banks view them as a threat to their profits. Campbell accused lawmakers opposing interest-bearing tokens of engaging in "cartel protection." The competition from yield-bearing fiat tokens is expected to challenge traditional stablecoins, according to Tether co-founder Reeve Collins. He believes that as long as both fiat-backed and synthetic stablecoins are perceived as stable, investors will naturally gravitate towards those offering higher yields. This shift could eventually lead to the displacement of traditional stablecoins, reshaping the landscape of the cryptocurrency market.

According to BlockBeats, shares of Block (stock code: XYZ) rose over 11% in after-hours trading, increasing its market capitalization to $43.5 billion. This surge follows the announcement that Jack Dorsey's payment company, Block, will be included in the S&P 500 index. Previously, on May 3, 2024, Block revealed its Dollar-Cost Averaging (DCA) plan for Bitcoin investments. Under this plan, Block allocates 10% of the monthly gross profit from its Bitcoin Conversions Product to purchase Bitcoin. In the first quarter, Block's Bitcoin Conversions Product generated a gross profit of $80 million. If this profit level continues throughout the year, the company will add $24 million worth of Bitcoin to its balance sheet. As of March 31, 2024, Block held 8,038 Bitcoins, which accounted for approximately 9% of its total cash, cash equivalents, and marketable securities.