In July 2025, the cryptocurrency market experienced notable activity with Bitcoin (BTC) reaching new all-time highs (ATH), peaking at $118,000 to $118,650, while Ethereum (ETH) showed strong performance, leading major cryptocurrencies with prices rising to around $3,820 before settling near $3,800. ETH exchange-traded funds (ETFs) consistently outperformed BTC ETFs in inflows, with record inflows reaching up to $727 million in a single day and weekly inflows surpassing BTC by approximately $200 million. BlackRock filed for an ETH staking ETF, and Teucrium's 2x XRP ETF topped $300 million in flows, dominating 52% of the market. The U.S. Securities and Exchange Commission (SEC) approved in-kind redemptions for all spot BTC and ETH ETFs, facilitating more efficient trading. Institutional interest remained strong, highlighted by Galaxy's $9 billion Bitcoin sale for an early investor and Michael Saylor acquiring an additional $2.5 billion in Bitcoin. Coinbase expanded its services by acquiring Liquifi token management and launching a new app called 'Base,' while also partnering with PNC to offer Crypto-as-a-Service. The Trump administration signed the GENIUS Act into law, capping a successful Crypto Week, and planned an executive order to allow cryptocurrency inclusion in 401(k) retirement plans. Additionally, bipartisan crypto bills passed the House, and a crypto policy report was scheduled for release by July 30. Market dynamics showed altcoins like Solana (SOL) and XRP outperforming majors, with SOL reaching prices around $192 and XRP near $3.4. Memecoin market capitalization surged to $85 billion, driven by Dogecoin's 33% price increase. Notable corporate developments included PayPal launching a 'Pay with Crypto' campaign and MetaMask introducing 'Stablecoin Earn' and SOL staking products. Meanwhile, the U.S. Department of Justice dropped its investigation into Polymarket, and Kraken was reportedly planning an IPO valued at $15 billion. Overall, the crypto sector displayed robust growth, increased institutional adoption, and evolving regulatory clarity during this period.
Crypto things you might have missed: -Trump's crypto plan isn't what you think🙃 -Teucrium 2x XRP ETF breaks record -Ripple vs SEC lawsuit update -Base overtook Solana in daily tokens created -Coinbase partners with JPMorgan -Huge @vechainofficial announcement LINK IN BIO
What's new? 🔹Crypto majors down 1-3% ahead of FOMC; BTC at $117.8K 🔹SEC approves in-kind redemptions for spot BTC & ETH ETFs 🔹@yeet passed $300M in lifetime volume 🔹ETH ETFs are outpacing BTC ETFs this week $284M to $237M 🔹@krakenfx is reportedly planning to IPO at $15B https://t.co/YQKpRGuqeT
🗞 Top #CryptoNews: Wed, Jul 30 (24H) 1️⃣ Billionaire Bill Miller IV says #Ethereum and #Solana won’t win ‘at the end of the day’ 2️⃣ Teucrium’s 2x XRP ETF tops $300M in flows, dominates 52% of the market https://t.co/GJAazel4V1