KLEA Crypto Daily: Tuesday, July 22, 2025

Published: July 23, 2025 – 17:40 UTC

Here’s a look back at the key stories from July 22, 2025.

Trump Announces Japan to Pay 15% Tariff

President Trump reveals that Japan will pay a 15% tariff, impacting trade relations between the two countries.

Senate Banking Committee Drafts Crypto Market Structure Bill

The Senate Banking Committee introduces a draft bill exempting certain crypto assets from US securities laws, aiming to address concerns without creating loopholes for major companies.

US Banking Lobby Urges Regulators to Halt Charter Applications from Companies like Ripple

The US Banking Lobby has requested regulators to stop charter applications from companies like Ripple and Fidelity, among others.

Elon Musk’s SpaceX Consolidates Bitcoin Holdings for First Time in 3 Years

Elon Musk's SpaceX has consolidated its Bitcoin tokens from 16 wallets into a single on-chain wallet, marking its first move with Bitcoin in three years.

Coinbase Opens CFTC-Regulated Perp Futures to US Traders

Coinbase has launched CFTC-regulated perpetual futures for U.S. traders, allowing American retail investors to access these derivatives in a fully regulated environment for the first time.

TON Wallet Integrated Into Telegram Rolls out Across the US

Telegram has introduced its self-custodial TON Wallet for users in the United States, enabling the management of digital assets like tether (USDT) and toncoin (TON) directly within the messaging app without additional downloads.

FBI Drops Probe into Kraken Founder Jesse Powell

The FBI has ended its investigation into Kraken founder Jesse Powell and has returned the seized devices. This development is significant for Powell and the crypto industry.

ESMA Publishes Guidance for CASPs Offering Unregulated Services

The European Securities and Markets Authority (ESMA) has issued guidance for crypto-asset service providers (CASPs) offering both regulated and unregulated services. This move provides clarity for CASPs operating under the EU's regulatory framework.

A16z Leads $15 Million Seed Round for AI-Focused Decentralized Data Layer

A16z has spearheaded a $15 million seed round investment in a decentralized data layer project built on the Story Protocol, focusing on AI applications. This funding aims to advance the development of AI technologies within a decentralized framework, potentially shaping the future of data management.

Pump.fun's Solana Token Falls Below ICO Price Amidst Airdrop Anticipation

Pump.fun users are experiencing unease as the PUMP token's value drops below its initial coin offering (ICO) price, signaling a cooling hype ahead of an upcoming airdrop. The decrease in token value raises concerns among investors and highlights the volatility in the cryptocurrency market.

Bitcoin Hits $119,000

Bitcoin has reached a new all-time high of $119,000, garnering significant attention and interest within the crypto community.

Sharplink Boosts ETH Holdings to 360,807 After Acquiring 79,949 Ether

Sharplink Gaming has increased its ethereum holdings to 360,807 ETH by acquiring an additional 79,949 ether, representing a 29% increase from the previous week.

Major Shift: JPMorgan to Offer Crypto-Backed Loans

JPMorgan Chase is reportedly planning to provide loans backed by cryptocurrencies like Bitcoin and Ethereum, signaling a significant move towards integrating digital assets into traditional finance. This shift contrasts sharply with CEO Jamie Dimon's previous criticism of Bitcoin as a "fraud," showcasing a broader acceptance of crypto in the financial sector.

Western Union Explores Stablecoin Integration

Western Union is piloting stablecoin remittance settlements in select regions in South America and Africa, indicating a strategic move towards leveraging blockchain-based solutions in its global money transfer operations. The company is also considering developing a consumer-facing crypto wallet, reflecting a broader trend of traditional financial institutions embracing digital assets.

Ethereum, Solana, XRP Outpace Bitcoin in Market Momentum

While Bitcoin enters a phase of technical consolidation, Ethereum, Solana, and XRP are showing strong upside momentum, with analysts predicting further gains over a multi-month horizon. Despite a slight pullback, both on-chain and technical indicators point to continued investor confidence and robust capital flows in the altcoin market.

Genius Group Doubles Bitcoin Stash to 200 BTC

Singapore-based AI edtech firm Genius Group has doubled its Bitcoin holdings to 200 BTC in July, expanding its crypto initiatives under the newly passed GENIUS Act.

Blockstream CEO: Bitcoin's Scarcity Stands Out Among Alts and Memecoins

Blockstream CEO Adam Back highlights that Bitcoin's scarcity is unique compared to the abundance of altcoins and memecoins, emphasizing Bitcoin's position in the market.

SpaceX Moves $153M in Bitcoin

A wallet linked to Elon Musk's SpaceX has transferred $153 million in Bitcoin for the first time in three years, as reported by Arkham Intelligence. This significant on-chain move highlights renewed activity in the cryptocurrency space by the high-profile company.

Cathie Wood Sells Coinbase, Roblox Shares for Tom Lee’s ETH Firm

ARK Invest has restructured three ETFs, selling Coinbase and Roblox shares to buy 1.5% stakes in Ethereum treasury firm Bitmine across its portfolios.

Latam Insights Encore: El Salvador’s IMF Bitcoin-Fueled Defiance Was a Fugazi

This edition explores how the Salvadoran government’s confusing communication policy has led to a decline in its standing within the bitcoin community.

Arthur Hayes: BOJ’s Subtle Shift Could Explode Bitcoin Price

Arthur Hayes suggests that a discreet financial maneuver by the Bank of Japan could potentially trigger a significant surge in Bitcoin's price, pointing to the central bank's actions as a possible catalyst for the cryptocurrency's next explosive move.

Solana Jumps 12% Above $200, Analyst Cites Renewed Confidence and Liquidity

Solana experiences a 12% surge above $200, attributed to renewed confidence and increased liquidity in the market, signaling positive sentiment and potential growth for the cryptocurrency.

Source: KLEA News