The secretary of the Department of the Treasury says the dollar will now be integrated into blockchains as the US passes a landmark bill creating a regulatory framework for stablecoins. In a post on the social media platform X, Scott Bessent says that the greenback will embrace the technology underpinning cryptocurrencies following President Donald Trump’s signing of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The law sets strict regulatory standards for banks and qualified stablecoin issuers to ensure the secure and transparent issuance of payment stablecoins. “Blockchain technologies will power the next generation of payments, and the US dollar is coming on-chain. Thanks to President Trump’s visionary leadership, and Senator Hagerty’s important work in Congress, the GENIUS Act will help cement the US dollar as the global reserve currency for generations to come.” Bloomberg reports that during a White House ceremony on Friday, Trump said the bill’s passage marks a major leap forward for US financial technology. “The Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar-backed stablecoins. This could be perhaps the greatest revolution in financial technology since the birth of the internet itself.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Teo Tarras/Natalia Siiatovskaia The post Treasury Secretary Scott Bessent Says US Dollar Coming On-Chain As Landmark Stablecoin Bill Becomes Law appeared first on The Daily Hodl .
Ethereum (ETH) surpassed the $3,700 level, gaining 4.35% in the last 24 hours. According to market data, ETH is currently trading at $3,704. Despite this rise, it is still 24.29% off Ethereum's all-time high of $4,891.70 recorded in November 2021. Chart showing the rise in ETH price. According to Coinglass data, investors are increasing their bullish expectations for Ethereum. Ethereum futures open interest has been on an upward trend for more than a month. Total open interest, which surpassed $50 billion on July 17th, reached an all-time high of $52 billion today. Total open interest currently stands at 14.31 million ETH, representing approximately $52.14 billion and representing a 0.74% increase over the past 24 hours. The rankings by exchange are as follows: Binance: Leading with $9.33 billion in open interest. CME (Chicago Mercantile Exchange): Second with $6.81 billion. Related News: An Exchange Hack Attack Shakes the Cryptocurrency World: CEO Confirms During the same period, spot fund movements in the cryptocurrency market also attracted attention. According to Coinglass data, the cryptocurrencies with the highest net inflows are: Litecoin (LTC): $29.83 million Solana (SOL): $15.97 million Bitcoin Cash (BCH): $7.59 million Ethena (ENA): $6.28 million BNB: $5.65 million In contrast, the assets with the highest net outflows are as follows: Bitcoin (BTC): $156 million Dogecoin (DOGE): $40.28 million Tezos (XTZ): $40.05 million Ripple (XRP): $38.23 million TRON (TRX): $23.54 million *This is not investment advice. Continue Reading: HOT MOMENTS: Ethereum (ETH) Price Surpasses $3,700, Altcoins Also Gain Momentum – Here Are the Details
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Is Ethereum’s rally running out of steam under the weight of overbought momentum?
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Solana has captured headlines this week after the Solana price broke out of a long-term cup-and-handle pattern that dates back nearly four years, while Sui crypto is also showing signs of a breakout. This breakout comes as Bitcoin surged to a fresh all-time high of $122,838 which shows renewed interest across the altcoin market. Meanwhile, on the Move-based chains front, SUI crypto has quietly rallied above key resistance levels which shows robust on-chain growth and staking activity. A rising newcomer with a cross-chain DeFi project focus, it hints at the kind of innovation that could fuel the next altcoin uptrend. Solana Price Breakout: SOL Soars Past $170, Eyes $2,700 Analysts have highlighted a classic cup-and-handle formation on Solana’s daily chart, with a decisive weekly close above $170 marking the official breakout. This pattern, which began forming after the 2022 downturn, suggests SOL could test Fibonacci targets at $295, $787, $1,314, and ultimately $2,700. Experts have also observed that Solana is consolidating in an ascending triangle below $170, with trendline support from $142. The MFI currently sits neutral at 48.66, with no clear inflow or outflow bias. A potential spot SOL ETF approval (odds at 99%) and growing institutional holdings lend further bullish impetus. SUI Crypto Gains Momentum: TVL Climbs, $5 in Sight SUI Crypto has broken above $3.50, signalling strong bullish intent and marking a critical resistance flip. On-chain metrics show SUI’s Total Value Locked climbing to $1.87 billion which shows growing DeFi activity. Experts have noticed that SUI crypto is close to a big breakout . It is currently pushing against key $4.11 resistance, the last stop before testing the ATH. With its developer-friendly Move language and scalable parallel processing, SUI Crypto stands out among Layer-1s and cross-chain DeFi project contenders looking to dethrone older networks. Best Crypto Presale to Buy: Remittix’s Edge in a Crowded DeFi Scene Remittix positions itself as a next-stage DeFi project built to handle global payouts with minimal friction. Its recent Remittix wallet reveal showcased a sleek interface for cross-border transfers, and the team has confirmed a planned launch in Q3. A truly cross-chain DeFi project model that bridges multiple networks. Low gas fee crypto design optimized for micro-transactions. A strong community engagement engine, with governance tokens distributed to active stakers. Time-sensitive entry before major exchange listings and parabolic growth. Built for adoption — not speculation — targeting real-world use cases. In contrast to legacy chains, Remittix delivers high-throughput on-chain settlements, making it one of the most compelling next big altcoin 2025 candidates. Its architecture supports advanced staking mechanisms and seamless integration with both centralized exchanges and decentralized exchanges. Charting Tomorrow’s Crypto With its innovative payout rails already integrated and expanding, Remittix offers more than hype—it delivers tangible utility. Now is the moment to consider Remittix as the best crypto presale to buy, before its Q3 debut brings wider market attention. Now is the time to act while Remittix still runs a $250,000 giveaway. With Remittix, the early bird takes the worm. Discover the future of PayFi with Remittix by checking out their presale here: Website : https://remittix.io/ Socials : https://linktr.ee/remittix $250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Aside from a new all-time high in the Bitcoin market, the last trading week also heralded some altseason shouts as a slight price decline by the premier cryptocurrency coincided with significant price rallies by major altcoins. A popular market analyst with the X username PlanD has weighed in on these recent market developments, highlighting three factors that would confirm the presence of an altseason. Related Reading: Why Bitcoin Price Failed To Break $123,000 In The Past Week — Analyst Explains A BTC.D Retest At 63% May Mark Crucial Altseason Moment – Analyst Over the last week, a bullish rise in the altcoin market cap to $1.45 trillion sparked widespread speculations about the current status of the altseason. Interestingly, in an X post on July 19, PlanD outlines three market events that will signal the altseason’s commencement, namely a potential pullback in both Bitcoin and Ethereum, alongside a critical technical development in Bitcoin dominance (BTC.D). Following Bitcoin’s ascent beyond $121,000 and Ethereum’s price rise above $3,400, PlanD says the first two signals to watch for are healthy corrections in these assets’ prices. Specifically, the analyst explains that pullbacks toward the $111,000 and $3,250 regions for Bitcoin and Ethereum, respectively, present an ideal situation that would allow capital to rotate from Bitcoin into altcoins, effectively causing a decline in BTC.D. Far from indicating weakness, PlanD says this retracement could actually catalyze the rise broader crypto market. Notably, if Ethereum finds support at $3,250, the ETH/BTC pair could strengthen, creating a favorable setup for altcoin rallies. This is because a stronger ETH/BTC pair is often a precursor to altcoin outperformance, as it signals increased investor appetite beyond Bitcoin. The third and perhaps most pivotal signal is unfolding in Bitcoin dominance. After months of holding above a rising support trendline, Plan D notes BTC.D has broken below it, signaling a potential change in market structure. However, the next test lies at the 63.40% dominance level. Should BTC.D retest this zone and fail to reclaim it, the analyst believes a new downtrend in dominance may begin, i.e., presenting the largest hallmark of altseason. In case of this scenario, PlanD also tells investors to expect strong bullish momentum in tokens linked to sectors such as real-world Assets (RWA), artificial Intelligence (AI), and gaming beyond the large and medium-cap tokens on popular blockchains. Related Reading: Tom Lee Predicts $30,000 Per Ethereum As Treasury Frenzy Begins Crypto Market Overview At the time of writing, the total crypto market cap is valued at $3.83 trillion following a 0.20% decline in the past day. More data from CoinMarketCap shows the Fear & Greed index sits at 69, suggesting a healthy level of risk appetite from investors. Importantly, the altseason index ranks at 42, indicating a rising momentum in the market’s favor for altcoins. Featured image from TechCentral, chart from Tradingview
PharaohX33, a crypto investor and popular voice in the XRP community, recently challenged Bitcoin maximalists by highlighting XRP’s performance this cycle. His post on X urged those holding Bitcoin to reconsider their strategy if their goal is to accumulate more BTC over time. “Don’t buy XRP bro, buy Bitcoin bro. Bitcoin is decentralized bro,” he wrote, mocking the typical response of Bitcoin supporters. He followed with a sharp counterpoint, stating, “Yet XRP has already delivered & will continue to deliver a higher ROI than Bitcoin this cycle. ROI is all that matters.” "Don't buy XRP bro, buy Bitcoin bro. Bitcoin is decentralized bro." Yet XRP has already delivered & will continue to deliver a higher ROI than Bitcoin this cycle. ROI is all that matters. Fuck your Bitcoin. If you really wanted more Bitcoin… You'll sell your Bitcoin for… — 𓂀 (@PharaohX33) July 19, 2025 XRP Outpaces Bitcoin in ROI Return on investment (ROI) is the percentage gain or loss on an asset relative to its initial cost. It provides a clear measure of how effectively capital has grown over time. The numbers lend weight to PharaohX33’s argument, as XRP has performed significantly better. In November 2024, XRP opened at $0.5092 while Bitcoin stood at $70,216.90. XRP has since surged to an all-time high of $3.65 , representing an approximately 616% increase. In comparison, Bitcoin’s climb to $123,091.61 marks a gain of about 75%. This stark contrast reinforces PharaohX33’s view that XRP has outperformed BTC so far in this market cycle. Beyond price action, XRP’s network activity also shows significant momentum. Active XRP addresses have increased by 490% since 2022 , indicating rising adoption and engagement with the ecosystem. Bitcoin’s active addresses, by contrast, have only seen a 10% increase in the same period. This difference highlights how user activity regarding XRP is accelerating at a far greater pace. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Best Investment Choice He added, “If you really wanted more Bitcoin, you’ll sell your Bitcoin for XRP… and sell your XRP for more Bitcoin later on.” Other experts have also highlighted XRP’s ability to outperform Bitcoin in terms of ROI, showing how a $2 increase for XRP could mean significantly more than a $20,000 increase for BTC. PharaohX33’s unapologetic tone reflects a growing frustration among XRP advocates who believe their asset’s progress is too often overlooked in favor of Bitcoin’s dominance narrative. With XRP continuing to make strides in both price and network usage, the debate between the two communities is unlikely to subside soon. PharaohX33’s message cuts through the noise with one clear assertion. For anyone looking to earn from their crypto investments by holding more BTC, the best option is to buy XRP and swap it for BTC later, as XRP offers more growth despite criticism from Bitcoin maximalists . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Proponent Gives Bitcoin Holders Honest Advice appeared first on Times Tabloid .