Bitcoin (BTC) briefly recovers to $108,000
Bitcoin (BTC) briefly recovered to the $108,000 level. Meanwhile, as of 02:36 on the 8th, BTC is trading at $108,188.46 on the Binance Tether (USDT) market, down 0.69% from the previous day.
2025.7.7
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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U.S. Department of the Treasury Ends Tornado Cash (TORN) Appeal Process
According to Decrypt, a virtual asset (cryptocurrency) specialist media outlet, on the 7th (local time), the U.S. Department of the Treasury and nonprofit organization Coin Center have agreed to end the appeal process surrounding Tornado Cash (TORN).
2025.7.7"U.S. Government Withdraws Appeal Against Tornado Cash (TORN)"
According to Watcher Guru, a virtual asset (cryptocurrency) specialized media outlet, on the 7th (local time), the U.S. government has officially withdrawn its appeal against Tornado Cash (TORN). Previously, the U.S. government had placed Tornado Cas
2025.7.7Trump: "At least 25% tariffs on South Korea and Japan"
According to The Washington Post on the 7th (local time), President Donald Trump of the United States announced the imposition of at least 25% tariffs targeting South Korea and Japan. On this day, President Trump, in an open letter posted on his soci
2025.7.7PiCK"Ethereum (ETH) has the potential to rise to $5,000 within the year"
On the 7th (local time), Cointelegraph, a media outlet specializing in digital assets (cryptocurrencies), predicted that Ethereum (ETH) has the potential to rise to $5,000 within the year. The outlet cited reasons such as continued net inflow into ex
2025.7.7Bank of Lithuania launches investigation into Robinhood stock tokens
According to CNBC on the 7th (local time), the Bank of Lithuania has launched an investigation into Robinhood, which recently began trading stock tokens. This investigation aims to review the structure of the OpenAI and SpaceX stock tokens issued by
2025.7.7"Solana (SOL) Spot ETF May Be Approved Sooner Than Expected"
According to CoinDesk, a media outlet specializing in crypto assets (cryptocurrency), the U.S. Securities and Exchange Commission (SEC) has reportedly required issuers of Solana (SOL) spot Exchange-Traded Funds (ETF) to submit amended applications by
2025.7.7PiCKNew York Stock Exchange turns downward... Nasdaq down 0.74%
The three major United States stock indexes are showing a downward trend. The Nasdaq Composite Index is trading at 20,447.91 points, down 0.74% from the previous close as of 00:13 on the 8th. The Dow Jones Industrial Average is down 0.61% at 40,553.6
2025.7.7Elon Musk mentions 'founding of a new party' on US Independence Day
Elon Musk, CEO of Tesla, publicly mentioned the possibility of founding a new party to compete with US President Donald Trump. On the 4th (local time), Musk posted on his official X (formerly Twitter), saying, "Independence Day is the perfect time to
2025.7.4Kraken Announces Naming Contest for Mascot of Ethereum Layer 2 Network 'Ink'
According to The Block, a global cryptocurrency-focused media outlet, on the 4th (local time), global crypto exchange Kraken officially announced a naming contest for the mascot of its Ethereum (ETH) Layer 2 network 'Ink.' This contest is being held
2025.7.4Brazil Central Bank hacking group launders at least $40 million via crypto assets
A service provider for the Banco Central do Brasil was hacked, resulting in the theft of a total of $140 million (approximately ₩190 billion). According to CoinDesk, a media outlet specializing in virtual assets (cryptocurrency), on the 4th (local ti
2025.7.4Vitalik Buterin: "Tornado Cash (TORN) founder, I hope you will lead the way to a safer world"
Ethereum (ETH) creator Vitalik Buterin stated on the 4th (local time) on X (formerly Twitter), "I hope that Roman Storm, co-founder of Tornado Cash (TORN), will take the lead in creating a world with more freedom and less data leakage." Vitalik added
2025.7.4Bank of Canada Develops 'Privacy-Guaranteeing' CBDC Technology
According to CoinDesk, a cryptocurrency-focused media outlet, on the 4th (local time), a research team at the Bank of Canada announced that it has developed a new central bank digital currency (CBDC) technology that guarantees user anonymity. This te
2025.7.4Société Générale chairman: "Europe should actively embrace stablecoins"
The chairman of the major French bank Société Générale and former executive board member of the European Central Bank (ECB), Lorenzo Bini Smaghi, argued in a Financial Times (FT) op-ed on the 4th (local time) that "Europe should overcome its fear of
2025.7.4South African NFT platform Momint suspends operations due to financial difficulties
On the 4th (local time), according to cryptocurrency-specialized media outlet Bitcoin.com, the non-fungible token (NFT) trading platform Momint, based in South Africa, has suspended its operations due to financial difficulties. Momint, established in
2025.7.4New York Stock Exchange Closes on an Upward Trend... Nasdaq Up 1.02%
The three major U.S. stock indices closed higher. On the 4th, the Nasdaq Composite Index recorded 20,601.10 points, up 1.02% from the previous day. The Dow Jones Index closed at 44,828.53 points, up 0.77%, while the S&P 500 finished at 6,279.35 point
2025.7.3Ray Dalio: "U.S. Debt Soaring...Major Economic and Social Shock Incoming"
Ray Dalio, the U.S. hedge fund mogul, expressed serious concerns about the U.S. fiscal situation on the 3rd (local time) via his X (formerly Twitter). Dalio stated, "According to the budget passed by the United States Congress, the country's annual s
2025.7.3"Sui (SUI) Recovers the $3 Level on News of Lion Group Holdings’ Purchase"
According to CoinDesk, a media outlet specializing in virtual assets (cryptocurrencies), on the 3rd (local time), the token SUI from the Layer 1 blockchain Sui (SUI) has recovered the $3 level, boosted by news of a purchase by the US Nasdaq-listed in
2025.7.3U.S. House Passes Trump's 'One Big Beautiful Bill' Tax Cut Plan
According to The New York Times on the 3rd (local time), the United States House of Representatives passed President Donald Trump's tax cut plan, known as the 'One Big Beautiful Bill (One Big Beautiful Bill·OBBBA)'. In the vote, 218 Republican lawmak
2025.7.3"Ethereum (ETH) Could Recover to $2,800 If Institutional Accumulation Accelerates"
On the 3rd (local time), cryptocurrency-specialized media outlet Cointelegraph reported that as traditional financial institutions increase their accumulation of Ethereum (ETH), the likelihood of ETH recovering to $2,800 is growing. The outlet stated
2025.7.3"Bitcoin (BTC) ETF is the third highest-earning fund among all BlackRock funds"
Eric Balchunas, a Bloomberg ETF specialist analyst, announced on the 3rd (local time) through his X (formerly Twitter) account that among the total 1,197 funds managed by BlackRock, the Bitcoin (BTC) spot Exchange Traded Fund (ETF) IBIT currently rec
2025.7.3Ethereum (ETH) Foundation Co-Executive Director: "Now is the time for a more centralized role of the Foundation"
Tomasz Kajetan Stańczak, Co-Executive Director of the Ethereum (ETH) Foundation, stated in an interview with DL News on the 3rd (local time) that “it is currently a time when the Ethereum (ETH) ecosystem needs more centralized authority and role from
2025.7.3Ondo Finance (ONDO) and Pantera Capital to Invest $250 Million in RWA Project
According to the US outlet Axios on the 3rd (local time), Ondo Finance (ONDO) and Pantera Capital are planning to invest a total of $250 million in a real-world asset tokenization (RWA) project through their joint initiative, Ondo Catalyst. Ondo Cata
2025.7.3Riot Platforms mines 450 BTC in June...Total holdings reach 19,273 BTC
According to cryptocurrency-focused media outlet The Block on the 3rd (local time), Bitcoin (BTC) mining company Riot Platforms (RIOT) announced that it mined a total of 450 BTC during June. This is equivalent to approximately $49.26 million at curre
2025.7.3Executive of Europe's Largest Asset Manager Warns: US Genius Act Could Undermine Dollar’s Dominance
Vincent Mortier, Chief Investment Officer (CIO) of Europe's largest asset manager Amundi, expressed concerns in an interview with Reuters that the US-proposed stablecoin regulation bill, the Genius Act, could weaken the dollar’s long-term dominance.
2025.7.3US Treasury Secretary: "Fed will need bolder action in September if rate cuts are delayed"
According to the economic news account Walter Bloomberg on the 3rd (local time), US Treasury Secretary Scott Bessent stated, "If the Fed does not implement a rate cut now, a larger rate cut in September may become inevitable."
2025.7.3"Bitcoin (BTC) Real Demand on a Decline"…'Demand Recovery' Essential for New All-Time Highs
On the 3rd (local time), on-chain data platform CryptoQuant stated via its official X (formerly Twitter), "Bitcoin (BTC) is showing a trend of declining real demand." CryptoQuant reported, "Since the beginning of this year, United States BTC spot exc
2025.7.3U.S. Digital Asset Advisory Chair: "If the Genius Act Passes, Crypto Market Cap Could Reach $20 Trillion"
According to the crypto-focused media outlet The Crypto Basic on the 3rd (local time), Bo Hines, Chair of the U.S. White House Presidential Council of Advisers for Digital Assets, stated that the stablecoin regulation bill 'Genius Act', which is expe
2025.7.3"XRP: Bullish Pattern Spotted on Weekly Chart... Potential Recovery to $3.2"
On the 3rd (local time), the cryptocurrency-focused media outlet Cointelegraph reported, "A pennant pattern signaling continued upward momentum has appeared on the XRP/USD weekly chart from Bitstamp," and added, "As a result, there is now a possibili
2025.7.3Putin-Trump summit phone call underway… official Kremlin briefing expected soon
On the 3rd (local time), economic news account Walter Bloomberg cited Russian state news agency TASS to report that a phone call between Russian President Vladimir Putin and U.S. President Donald Trump is currently underway. The Kremlin plans to hold
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