Novice

According to BlockBeats, journalist Eleanor Terrett reported that the U.S. Senate Agriculture Committee is scheduled to vote next Monday on the nomination of Brian Quintenz for the position of Chairman of the Commodity Futures Trading Commission (CFTC). The confirmation hearing for this nomination took place last month.

According to Odaily, a recent report by Chainalysis reveals that cryptocurrency thefts in the first half of 2025 have reached $2.17 billion, surpassing the total for 2024. The report anticipates that losses for the entire year could reach $4 billion. There has been a notable increase in wallet attacks in Eastern Europe and the Middle East, along with a significant rise in physical robberies. The report highlights that attacks on personal wallets now account for 23% of incidents, with hackers increasingly using social engineering, malware, and deepfake videos to steal assets.

According to Odaily, a transaction on the Cardano network has been recorded with a fee of 3,700,001 ADA, equivalent to approximately $3.03 million. This transaction was monitored by Whale Alert, highlighting the significant cost associated with the transfer.

According to BlockBeats, Canadian publicly traded company Bitcoin Treasury Capital has purchased 4.5 bitcoins for approximately $500,000, or 5 million Swedish Krona, at an average price of $118,338 per bitcoin. As of July 18, 2025, the company holds around 156 bitcoins in total. The funds raised from a share issuance on July 9, amounting to about 5 million Swedish Krona, remain unused and are intended for further bitcoin acquisitions.

According to BlockBeats, U.S. President Donald Trump is set to sign the GENIUS Act into law today, as confirmed by White House officials. This legislative move marks a significant development in the administration's policy agenda.

According to Odaily, a U.S. Treasury official has stated that the implementation of cryptocurrency regulations will further solidify the U.S. dollar's position as the standard currency. The official emphasized the importance of the private sector in educating the public about stablecoins.

According to Foresight News, Onchain Lens monitoring has revealed significant changes in cryptocurrency trading positions. AguilaTrades has closed its long position on Bitcoin, which was leveraged at 20 times, and has initiated a short position on Ethereum with 15 times leverage. Additionally, James Wynn has opened a short position on Bitcoin with 40 times leverage.

According to Foresight News, Whale Alert has detected that a large whale or institutional address, beginning with 0x968, has accumulated 19,550 ETH, valued at approximately $69.8 million, through FalconX. Previously, Foresight News reported that this address had amassed 103,141 ETH, worth around $324 million, over the past six days using FalconX.

On Jul 18, 2025, 14:42 PM(UTC). According to Binance Market Data, BNB has dropped below 740 USDT and is now trading at 739.929993 USDT, with a narrowed narrowed 2.08% increase in 24 hours.

According to Cointelegraph, the native token of the Cardano network, ADA, has experienced a significant price increase, marking a potential end to its prolonged downtrend. Since June 22, ADA has risen over 70%, with a notable 75% gain recorded between June 22 and July 18. This upward trajectory saw ADA bottom out at $0.50 in June and reach a 20-week high of $0.89 on Friday, indicating a strong recovery. The recent rally has been fueled by multiple bullish signals, including the behavior of the Bollinger Bands volatility indicator. Historically, when ADA's price touches the upper band of the Bollinger Bands, it suggests an imminent rise in volatility, potentially leading to substantial price rallies. Previous instances in 2021, 2022, and 2024 saw ADA's price increase by 1,500%, 117%, and 300%, respectively. The current squeeze of the Bollinger Bands, coupled with ADA's price touching the upper band, adds weight to the possibility of another significant rally. Despite the recent gains, ADA's price remains nearly four times lower than its all-time high of $3.10 achieved in 2021. However, the token has shown multiple bullish signals across various time frames, indicating that the rally may continue. ADA has broken out of a bull flag on the weekly chart, converting key resistance levels, such as the 50-day and 200-day simple moving averages, into support. The measured target for this bull flag is $2.70, representing a potential 216% increase from the current price. Further supporting the bullish outlook is the formation of a golden cross, where the 50-day SMA crossed above the 200-day SMA, reinforcing the continuation of the uptrend. Additionally, the moving average convergence divergence (MACD) indicator has produced a bullish cross, suggesting strengthening trend momentum. The weekly relative strength index (RSI) indicates that ADA has room to grow before reaching overheated levels, similar to previous cycle tops in 2018, 2021, and December 2024. Despite the daily RSI being at 80, historical data suggests ADA could rally an additional 130% to reach $1.80, according to analyst Deezy. This analysis is based on past performance when ADA's daily RSI hit similar levels. However, readers are reminded that this article does not constitute investment advice, and all trading decisions should be made after conducting thorough research, as investments carry inherent risks.

According to PANews, the 216th Ethereum Execution Layer Core Developers Meeting (ACDE) revealed that developers have decided to remove EIP 7907 from the Fusaka upgrade. This decision means that the size limit for Ethereum smart contract code will remain unchanged for the foreseeable future. A version of this EIP might be reconsidered for the Glamsterdam hard fork, although its inclusion in the next hard fork is not guaranteed. Tim Beiko shared a potential timeline for Fusaka's mainnet launch during the meeting. The proposed schedule includes the release of the client public testnet during the week of August 25, the first public testnet upgrade between September 22 and October 3, and the second testnet upgrade from October 6 to 10. Additionally, developers plan to initiate Fusaka Devnet-3 on July 23. Regarding the Glamsterdam hard fork, developers have largely reached a consensus on the planned implementations. However, discussions continue on several key issues, including the "proposer-builder separation solidification mechanism" and "block-level access lists." Developers aim to finalize decisions on core code changes for the Glamsterdam upgrade within the next two to four weeks, following further input from the broader Ethereum community.

According to BlockBeats, Joanne Hsu, the director of the University of Michigan's consumer survey, reported a slight increase in U.S. consumer confidence, rising by approximately one point to 61.8 compared to June. Although this marks a five-month high, the index remains about 16% lower than December 2024 and significantly below historical averages. Consumers are unlikely to regain confidence in the economy unless they are assured that inflation is unlikely to worsen, such as through stable trade policies in the foreseeable future. Current survey results show minimal impact on consumer confidence from other policy changes, including the recently passed tax and spending legislation. Inflation expectations for the coming year have decreased for the second consecutive month, dropping from 5.0% last month to 4.4% this month. Long-term inflation expectations have also declined for the third month in a row, falling from 4.0% in June to 3.6% in July. Both indices are at their lowest levels since February 2025, yet they remain higher than in December 2024, indicating that consumers still perceive a significant risk of rising inflation in the future.

On Jul 18, 2025, 14:23 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 118,000 USDT and is now trading at 117,950.226563 USDT, with a narrowed 0.48% decrease in 24 hours.

According to Odaily, shares of BTCS, a publicly traded company on the U.S. stock market, have risen by 28.67%, currently priced at $8.3. This increase follows the company's decision to expand its holdings in Ethereum (ETH) through a strategy of circular lending. Additionally, on July 16, BTCS was included in the Russell Microcap Index, further influencing its stock performance.

According to BlockBeats, the preliminary reading of the University of Michigan's Consumer Sentiment Index for July in the United States is 61.8. This figure surpasses the expected value of 61.5 and shows an increase from the previous reading of 60.7.

According to BlockBeats, the preliminary estimate for the U.S. one-year inflation rate in July is 4.4%, which is below the expected 5.00% and the previous value of 5.00%.

According to BlockBeats, Glassnode has reported an acceleration in the rate at which Bitcoin whales are transferring their holdings to exchanges. The seven-day moving average is nearing 12,000 Bitcoins, marking one of the highest transfer volumes this year. This surge is comparable to the spike observed in early November 2024. Although the current figures remain below last year's peak, this trend may indicate a shift in capital or profit-taking activities.

According to PANews, the CEO of American Express has stated that stablecoins are more akin to investment tools rather than replacements for fiat currency. This perspective highlights the ongoing debate about the role of digital currencies in the financial ecosystem. The CEO's comments suggest that while stablecoins have gained popularity, they are not expected to supplant traditional currencies in the near future.

According to BlockBeats, Charles Schwab's CEO Rick Wurster announced plans to launch spot trading services for Bitcoin and Ethereum. This move marks a significant step for the financial services company as it expands its offerings in the cryptocurrency market.

On Jul 18, 2025, 13:07 PM(UTC). According to Binance Market Data, BNB has crossed the 760 USDT benchmark and is now trading at 760.340027 USDT, with a narrowed 5.68% increase in 24 hours.