KLEA Crypto Daily: Friday, July 18, 2025

Published: July 19, 2025 – 17:40 UTC

Here’s a look back at the key stories from July 18, 2025.

Bitcoin Hits $118,000

Bitcoin has surged to $118,000, marking a significant milestone in its price trajectory.

Aave to Launch White-Label Lending Protocol on Kraken's Ink Blockchain

Aave, the largest DeFi lending protocol, is planning to launch a centralized version of its lending market on Kraken's Ink blockchain, aiming to tap into the growing DeFi lending market.

Trump Signs GENIUS Act Into Law, Ushering In Crypto’s Integration With US Economy

President Trump signs the GENIUS Act into law, marking the first major federal legislation to regulate stablecoins in the United States. This move is expected to have a significant impact on the crypto industry and the US economy as a whole.

Connecticut Updates Money Transmission Law to Cover Digital Wallets and Virtual Currency

Connecticut Governor Ned Lamont signed a new law broadening the state's money transmission statutes to include digital wallets and virtual currency, enhancing consumer protections and imposing restrictions on digital assets.

Ethereum Surges to $3,575 as BlackRock ETF Buys $499M Worth, GENIUS Act Passes Congress

Ethereum breaks resistance at $3,350 with 95% whale accumulation surge and major regulatory wins driving institutional adoption in July 2025.

Dogecoin Surges 14% In A Week: Is DOGE The Next Treasury Asset Boom?

Dogecoin (CRYPTO: DOGE) is surging as the first public companies are racing to adopt it as a treasury asset. Chart analyst Ali Martinez highlights a potential target of $0.42 for DOGE.

Bitcoin and XRP Reach Record Highs Amid Crypto Market Rally

Ripple's XRP hits an all-time high of $3.65 after seven years, with a market cap exceeding $200 billion. Meanwhile, Bitcoin continues to surge, attracting corporate interest and investments, signaling a bullish trend in the cryptocurrency market.

Thumzup Media Corp. Diversifies with $250M Crypto Treasury Investment

Thumzup Media Corp., a Nasdaq-listed company, announces a significant shift by investing up to $250 million in various cryptocurrencies beyond Bitcoin. This strategic move aligns with evolving U.S. crypto regulations and aims to position the company at the forefront of the digital finance sector.

Bybit Partners with Manteca to Scale Instant Payments in Argentina and Brazil

Bybit and Manteca collaborate to launch a new instant payments service in Argentina and Brazil, enabling users to make payments via QR codes and PIX. This integration allows for seamless payments using crypto balances with automatic conversion to local currency in real time.

CLAPS Casino Records $5 Million USDT Payout in Slot Win

CLAPS Casino celebrates one of 2025's biggest online slot wins with a $5 million USDT jackpot on Sweet Bonanza 1000. The jackpot was triggered by a single $500 USDT spin, showcasing the game's rare x10,000 multiplier outcome.

Donald Trump Jr-Backed Thumzup Media Approves $250M In Bitcoin, Ethereum, XRP, SOL, Dogecoin Treasury Purchases

Thumzup Media Corporation, backed by Donald Trump Jr., has approved allocating up to $250 million into cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Dogecoin, reflecting a trend of Trump-aligned businesses embracing digital assets.

Bitcoin Standard Treasury to go public with 30,000+ BTC and $1.5B in backing via Cantor

Bitcoin Standard Treasury is set to go public with over 30,000 BTC and $1.5 billion in backing through Cantor SPAC, marking a significant move in the crypto space.

NCA Officer Who Stole Bitcoin From Crime Network Jailed for Five and a Half Years

A National Crime Agency officer, Paul Chowles, has been sentenced to five and a half years in jail for stealing Bitcoin from a crime network. The theft was uncovered in 2022, linking him to the stolen funds.

Bitcoin Dominance Hits 3-Month Low as Ethereum Breaks $3,600

Bitcoin dominance has fallen to a three-month low of 61.6% as Ethereum surpasses $3,600, marking a significant capital rotation into altcoins. The global crypto market cap has exceeded $4 trillion, signaling the early stages of a new alt-season.

Investor Deposits 1B $PUMP into #Bybit

An investor recently deposited 1 billion $PUMP ($4.7M) into #Bybit, following previous deposits totaling 9 billion $PUMP ($52M) into #Binance and #Bybit. This investor also spent 50M $USDC to acquire 12.5B $PUMP via a private sale.

Indian Crypto Users Influence Policy Shift

India's crypto community is growing rapidly despite heavy tax burdens, with crypto proponent Sujal Jethwani suggesting that Indian crypto users may 'force' a policy shift due to the increasing demand in the country.

BNB Chain Teases New Blockchain with Privacy Features

BNB Chain is preparing to launch a new blockchain with near-instant transactions and built-in privacy features, aiming to compete with existing cryptocurrency exchanges.

US Congress Passes Landmark Genius Act to Regulate Stablecoins

The United States Congress has approved the Genius Act, establishing the first comprehensive regulatory framework for stablecoins, aiming to provide oversight and protection for users of dollar-pegged digital assets.

Gala Games Unveils Jaxel Mystery Box Offering Exclusive NFT Rewards

Gala Games launches Jaxel Mystery Box featuring exclusive NFTs with bonuses for the Carnival Grounds. Limited supply available from July 17, 2025.

Trump Eyes Executive Order to Allow Crypto in 401(k) Retirement Plans

U.S. President Donald Trump is reportedly preparing to sign an executive order that could transform the American retirement landscape by allowing 401(k) plans to invest in cryptocurrencies and other alternative assets. The proposed directive would give millions of Americans unprecedented access to Bitcoin, Ethereum, gold, and private equity through their employer-sponsored retirement accounts.

Gamesquare Closes $70 Million Offering to Expand Ethereum Treasury

Gamesquare has completed a $70 million public offering to boost its ethereum holdings, aligning with its strategic partnership with crypto investment firm Dialectic.

Source: KLEA News