KLEA Crypto Daily: Wednesday, July 23, 2025

Published: July 24, 2025 – 17:40 UTC

Here’s a look back at the key stories from July 23, 2025.

SEC Halts Approval for Crypto ETF With XRP

The SEC granted approval for a high-profile crypto ETF holding bitcoin, ether, XRP, and more, but a surprise stay has halted its launch, causing suspense in the markets.

Judge Allows Controversial Testimony in Roman Storm Trial

A federal judge allowed testimony in the Roman Storm trial linking crypto stolen from a Georgia woman to the Tornado Cash mixer, contradicting blockchain forensics experts and impacting the trial's outcome.

Solana DEX Volume Hits $6B, Highest in Two Months. What’s Next?

Solana blockchain-based decentralized exchanges (DEXs) experienced a high point in activity, boasting close to $6 billion of daily spot trading volume, which is the highest in two months.

Hyperliquid Open Interest Hits Record $14.7B

Hyperliquid, the decentralized derivatives platform, has reached a milestone as futures trading open interest reached an all-time high of $14.7 billion. This is proof of...

Brazilian firm VERT pioneers $130 million agribusiness tokenization on XRP Ledger

Brazilian firm VERT has launched a blockchain-based platform on the XRP Ledger to modernize the issue and management of agribusiness credit. The platform's first significant transaction involves the tokenization of a BRL 700 million (~$130 million) Agribusiness Receivables Certificate, marking a substantial shift in how Brazil's agricultural financing is structured.

Trump’s AI Plan Impacts Data Center Rules and Federal DEI Guidelines

The White House unveiled a plan to position the U.S. as a global leader in artificial intelligence research and development by easing data center regulations and removing federal diversity, equity, and inclusion guidelines.

MoonPay Launches Liquid Staking for Solana to Meet Growing Yield Interest

MoonPay introduces a new liquid staking program for Solana users, offering an 8.49% annual yield on SOL tokens with no lockup period, aiming to simplify access to on-chain rewards amidst increasing demand for yield.

MARA Stock Dives as Bitcoin Miner Reveals Plan to Raise $850 Million to Buy More BTC

Bitcoin miner MARA Holdings plans to raise $850 million through a private sale to buy more BTC—and its stock has fallen 10% on the day.

Solana Attracts $245 Million as Altcoin Bulls Eye Fresh Rally

Solana (SOL) bulls are shifting gears as analysts anticipate increased price action in the coming months. While Bitcoin (BTC) and Ethereum (ETH) dominate institutional data, Solana traders are recording fair gains compared to previous cycles.

PNC Bank Taps Coinbase to Roll Out New Crypto Offerings

PNC Bank partners with Coinbase to offer cryptocurrency services, allowing clients to buy, sell, and store digital assets like Bitcoin and Ethereum directly through their bank accounts. The collaboration aims to bridge traditional banking with the digital asset market, making it easier for clients to access both services.

Altcoins Soar as Bitcoin Rests – But Froth Builds in Crypto Markets

Altcoins are surging following Bitcoin's recent rally, with open interest across the sector indicating speculative froth may be building up. While Bitcoin's momentum has cooled, altcoins are outperforming, leading to potential volatility ahead as the market experiences a broad-based rally.

EU Prepares €100B Counter-Plan in Response to U.S. Tariffs Threat

The EU is readying a €100 billion counter-plan to match the U.S.'s 30% tariffs if a trade deal is not reached by August 1, according to a report. This move signifies the EU's preparedness to respond to potential trade disputes with the U.S.

Dogecoin Faces Critical Resistance at 25 Cents Amid Speculation of Breakout

Dogecoin is currently at a crucial technical resistance level, leading to speculation about a possible breakout as market fundamentals align. The cryptocurrency's price and market cap have seen fluctuations, with analysts closely monitoring its movements for potential trends.

PayPal and Venmo Launch "PayPal World" for Global Payments

PayPal and Venmo have introduced "PayPal World," a platform connecting major payment systems and digital wallets to facilitate cross-border payments in collaboration with Mercado Pago, UPI, and Tenpay.

Everclear Secures Strategic Investment From NEAR Foundation

Everclear, a cross-chain clearing and settlement protocol for digital assets, has announced a strategic partnership with the NEAR Foundation to advance cross-chain clearance and settlement, aiming to enhance liquidity and support the CLEAR community.

Public Company Volcon Raises $500 Million for Bitcoin

Publicly traded Volcon (VLCN) has secured $500 million to purchase Bitcoin, signaling a significant investment in the cryptocurrency. This move highlights the growing trend of public companies diversifying their portfolios with digital assets.

CoinShares Secures MiCA License in France

CoinShares has obtained a MiCA license in France to solidify its presence in the EU. The company has been expanding in the US market and aims to compete with industry peers.

GitHub Enhances Secret Scanning with Validity Checks

GitHub has improved its secret scanning by adding validity checks for 45 additional token types from over 30 providers, enhancing security for developers. This update aims to bolster the protection of sensitive information in code repositories.

Bitcoin Eyes $140K as Bullish Patterns Strengthen

Bitcoin is showing signs of potential breakout as it consolidates around $118,500, with technical patterns like a bull pennant formation and a developing cup-and-handle pattern indicating a possible rally towards $136,000–$140,000. Analysts project targets between $134,500 and $146,000 if these patterns play out.

World Liberty Financial Deepens Ethereum Holdings with Over $28 Million in New Purchases

World Liberty Financial, reportedly linked to former U.S. President Donald Trump, has acquired over $28 million worth of Ethereum in July, solidifying its role as a growing institutional player in the DeFi ecosystem. The firm made significant ETH purchases through various transactions, boosting its Ethereum treasury significantly.

DOJ Seeks to Return Millions in Crypto to Alleged Victims of $97M Oil and Gas Scheme

Federal prosecutors are aiming to return funds from a $97 million oil and gas scam that were laundered through shell companies, crypto wallets, and exchanges.

Binance Coin (BNB) Hits $800 in New All-Time High

Binance Coin (BNB) has surged to over $800, setting a new all-time high for the exchange-based asset, with its market capitalization reaching $111.5 billion.

Source: KLEA News