BitcoinWorld AI Agents: Why a Promising Windows Automation Startup Made a Crucial Pivot In the rapidly evolving landscape of artificial intelligence, where innovation dictates market shifts and investment trends, the story of Pig.dev offers a compelling lesson. This Y Combinator-backed startup embarked on an ambitious journey to revolutionize how we interact with our computers using AI agents , specifically targeting the complex environment of Microsoft Windows. The Bold Vision for AI Agents in Windows Imagine a world where your computer understands and executes tasks seamlessly, driven by intelligent AI agents . This was the revolutionary promise of Pig.dev, a participant in Y Combinator’s Winter 2025 batch. Their initial focus was on developing agentic AI technology capable of controlling a Microsoft Windows desktop, a frontier many believe is crucial for AI’s broader integration into the workforce. The concept was akin to giving AI a pair of hands and eyes to navigate the digital world, automating complex workflows and boosting productivity. Unpacking the Challenges of Windows Automation Despite its visionary potential, the path to seamless Windows automation proved more challenging than anticipated for Pig.dev. While the idea of AI agents interacting with graphical user interfaces (GUIs) like Windows desktops holds immense promise, practical implementation faces significant hurdles. The Y Combinator podcast highlighted that long-term computer use by agents, extending beyond minutes to hours, remains a major stumbling block. As the context window for reasoning expands, an agent’s accuracy can waver, and the computational costs associated with large language models (LLMs) escalate dramatically. Pig.dev’s founder, Erik Dunteman, encountered a fundamental disconnect with the market. Customers in the legacy application automation space weren’t seeking a cloud API product or even a developer tool; they wanted a complete, hands-off solution. Essentially, they desired a consultant to build and manage their desired Windows robotic process automations, a service model Dunteman was unwilling to pursue, preferring to build scalable development tools instead. From Pig.dev to Muscle Mem: A Strategic Startup Pivot In May, facing these realities, Pig.dev announced a decisive startup pivot , abandoning its Windows automation efforts. Erik Dunteman shifted his company’s focus entirely to Muscle Mem, a novel cache system designed for AI agents. This strategic move was not a surrender but a re-evaluation of how best to tackle the core problems of AI agent efficiency. Muscle Mem’s purpose is to allow AI agents to offload repeatable tasks, freeing them to concentrate on complex reasoning, new problems, and handling edge cases. This approach directly addresses the challenges of accuracy and cost by optimizing how agents manage information and execute routine operations, chipping away at the ‘computer use’ problem from a different, yet equally vital, angle. Insights from the Y Combinator Podcast on Agentic AI The significance of Pig.dev’s journey and pivot was a central topic on a recent Y Combinator podcast, sparking a dynamic conversation among tech luminaries. YC partner Tom Blomfield likened Pig.dev’s original vision to ‘Browser Use’ – another YC alum that gained popularity for enabling AI agents to navigate web browsers by converting website elements into a text-like format. The podcast, featuring Amjad Massad (CEO of Replit), Blomfield, and YC partner David Lieb, underscored that while agentic technology is advancing, sustained, long-term computer interaction remains a significant hurdle. Blomfield even suggested that founders should explore applying technologies like Browser Use or Windows automation (like Pig.dev’s original concept) to specific enterprise verticals. Massad echoed this sentiment, stating, ‘The moment that technology works, those two companies are going to do really, really well.’ This dialogue highlights the immense market potential for solutions that truly unlock persistent AI agent capabilities. The Broader Landscape of AI Technology and Automation Pig.dev’s pivot underscores a crucial point about the evolution of AI technology : innovation often requires adapting to market needs and technical realities. While Pig.dev moved on, the pursuit of Windows automation is far from over. Microsoft itself is actively engaged in this space. In April, Microsoft announced the integration of computer use technology into Copilot Studio for graphical user interfaces like Windows, released as a research preview. Furthermore, Microsoft recently unveiled an agentic tool within Windows 11 designed to assist end-users in managing system settings. These developments indicate that major players recognize the importance of intelligent automation within desktop environments. Muscle Mem, Dunteman’s new venture, represents a complementary approach, focusing on the underlying efficiency of AI agents, which is critical for any form of successful automation, whether on a desktop or in the cloud. The ‘last mile’ of computer use, as Dunteman puts it, remains a compelling challenge that will continue to drive innovation in the AI sector. The story of Pig.dev is a powerful reminder of the dynamic and often unpredictable nature of startup innovation, especially in the cutting-edge field of AI. While their initial foray into Windows automation faced insurmountable market and technical challenges, the strategic pivot to Muscle Mem demonstrates resilience and a continued commitment to solving fundamental problems in AI agent efficiency. This evolution highlights that the path to truly autonomous and useful AI agents is multifaceted, requiring both direct automation solutions and foundational infrastructure improvements. As the AI landscape continues to mature, such pivots are not failures, but crucial steps in refining solutions that will ultimately shape our digital future. To learn more about the latest AI market trends, explore our article on key developments shaping AI models and institutional adoption. This post AI Agents: Why a Promising Windows Automation Startup Made a Crucial Pivot first appeared on BitcoinWorld and is written by Editorial Team
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As of Wednesday, at least eleven IP addresses have actively tried to exploit the vulnerability, with thousands more addresses possibly doing reconnaissance work.
Crypto Market Becomes More Interesting: Shift to Real Use Cases As speculation in the crypto market matures, investor interest is rapidly shifting toward tokens with tangible applications. In July 2025, utility is becoming the defining factor in long-term portfolio growth. Developers, creators, and institutional backers are favoring assets backed by real infrastructure and usage. Among the tokens showing exceptional promise this cycle are Hedera, OpenFundNet (OFNT) , Kaspa, FloppyPepe, and Chainlink — each with unique strengths rooted in real-world use. Hedera (HBAR): Public Ledger for Enterprises Hedera continues to lead the way in enterprise blockchain adoption. Its unique hashgraph consensus mechanism provides lightning-fast and low-cost transactions, which is essential for high-throughput business applications. Institutions like Avery Dennison and DBS Bank are already building on the network, making HBAR one of the most commercially viable L1 solutions. If the broader altcoin market continues to rise, HBAR is well-positioned for a bullish July. Source: Coingecko – Hedera OpenFundNet (OFNT): Web3 Launchpad and DAO Infrastructure OpenFundNet is emerging as a game-changer in the Web3 creator economy. It enables users to launch token presales, DAOs, and staking platforms without writing a single line of code. This no-code infrastructure is making decentralized crowdfunding accessible to a broader creator base. By bundling a launchpad, DAO builder, and staking platform into one seamless ecosystem, OFNT is laying the groundwork for the next generation of crypto projects. Its all-in-one ecosystem lowers the barrier for builders and creators to access decentralized crowdfunding. With a zero-fee structure and milestone-based funding, OFNT ensures transparency and trust between funders and projects. This innovative model positions OFNT as a core launchpad for the next wave of crypto startups. Kaspa (KAS): Speed and Finality in One Kaspa’s GHOSTDAG protocol makes it one of the fastest Layer-1s on the market, offering instant finality and high throughput. It has become increasingly popular among miners and developers alike, especially those focused on building low-latency payment systems. Its strong open-source community and robust technical foundation make KAS a valuable addition to portfolios betting on next-gen infrastructure. With Bitcoin’s momentum continuing, Kaspa is likely to benefit from spillover bullish sentiment. Source: Coingecko – Kaspa FloppyPepe (FPPE): Creator Monetization Meets Meme Culture FloppyPepe takes meme culture to the next level by building creator monetization tools directly into its ecosystem. Through platforms like FloppyAI and Meme-o-matic, users can turn memes and content ideas into monetizable NFTs or viral assets. The FPPE token fuels these platforms, providing incentives and rewards for creative engagement. Its ongoing “double your tokens” presale promo is driving massive traction, positioning FPPE as a meme coin with serious functionality. Chainlink (LINK): The Oracle Backbone of DeFi Chainlink remains the most trusted oracle network in the DeFi sector, connecting blockchains with off-chain data and real-world assets. With growing institutional collaborations like those with SWIFT and DTCC, LINK is expanding beyond retail DeFi use cases. Staking mechanisms and broader adoption of RWAs continue to strengthen Chainlink’s fundamentals. For investors focused on infrastructure and scalability, LINK continues to be a reliable long-term asset. Source: Coingecko – Chainlink Comparing Utility and Investor Incentives BTC Bull focuses on sentiment trading and caters to Bitcoin Maxis with limited direct utility. FloppyPepe offers AI meme tools and NFT creation, combining meme appeal with actual monetization features. OpenFundNet (OFNT) stands out with its zero-fee structure, allowing users to launch presales, DAOs, and staking platforms without coding. Qubetics integrates AI and blockchain for scalable infrastructure, focusing on real-world enterprise solutions. Real Utility Tokens Will Outlast the Hype Utility tokens are proving to be more than just short-term plays — they’re forming the backbone of the next crypto wave. While meme tokens like FloppyPepe inject energy into the space, it’s utility-rich assets like OpenFundNet that are powering the infrastructure behind the scenes. Whether through launching DAOs, staking platforms, or crowdfunding mechanisms, OFNT delivers real tools for real builders. For investors seeking long-term relevance and explosive upside, OFNT stands out as one of July’s most strategic allocations. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post 5 Best Utility-Type Crypto Tokens for July 2025: Hedera, OFNT, Kaspa, FloppyPepe, Chainlink appeared first on Times Tabloid .
Block is getting bumped up to the S&P 500, and investors are not wasting time reacting. On Friday, shares of the company jumped more than 10% after hours, according to S&P Global, which announced that Block will replace Hess in the index starting before the opening bell on July 23. The shake-up follows Chevron’s $54 billion acquisition of Hess, completed after the oil giant came out on top in a legal fight with Exxon Mobil over drilling rights in Guyana. The change is one of two this week. On Monday, S&P Global also confirmed The Trade Desk will take over Ansys’ place after Synopsys closed its deal to acquire the software firm on Thursday. While most of these index swaps happen during regular quarterly rebalancing, mergers like this one fast-track the process. Last week, Datadog moved into the index to fill the spot left by Juniper Networks. Block takes the seat, tech gets bigger This latest move gives the index more tech weight, continuing a trend that’s been building for years. Block, which used to be called Square, was launched by Jack Dorsey in 2009. The company made a name for itself with sleek payment terminals before branching out into crypto, lending, and broader financial services. It rebranded as Block in 2021 to match its growing interest in blockchain infrastructure. Block’s rise into the S&P 500 puts it above many of its peers in terms of valuation. Even though its stock has dropped 14% this year, it still holds a market cap of around $45 billion, which is well above the median for companies in the index. For context, the Nasdaq is up over 8% this year, and the S&P 500 itself has gained about 7%, meaning Block’s underperformance hasn’t stopped it from climbing into the top tier. The stock jump didn’t come from better earnings or any new product drop. This is all about portfolio managers being forced to buy Block to track the S&P 500 exactly. When a company gets added to the index, massive funds have no choice but to load up. That buying pressure sent the price up instantly. Still, things haven’t exactly been smooth for the company. In May, Block reported first-quarter results that missed expectations, and it followed up with a downbeat forecast for the second quarter and the full year. That guidance came with a warning about the overall U.S. economy, especially following tariff actions by President Donald Trump that tightened conditions for a lot of businesses. “We recognize we are operating in a more dynamic macro environment, so we have reflected a more cautious stance on the macro outlook into our guidance for the rest of the year,” Block wrote in its latest quarterly filing. The next major checkpoint for the company is coming fast. Block is scheduled to report second-quarter earnings on August 7, after markets close. Investors, already tied to the stock through index exposure, will be watching closely. KEY Difference Wire helps crypto brands break through and dominate headlines fast
Mike Wilson forecasts a possible limited pullback in U.S. stock markets’ third quarter. Continue Reading: Mike Wilson Anticipates Limited Market Pullback: Key Insights The post Mike Wilson Anticipates Limited Market Pullback: Key Insights appeared first on COINTURK NEWS .
Bitcoin ($BTC), the unrivalled frontrunner in the crypto sector, is now trading a mere 2.8% below its record price peak of $122,838 achieved on Monday. As the flagship digital asset steadily approaches new all-time highs, it is simultaneously driving renewed interest throughout the entire crypto market. This broader optimism has propelled leading altcoins and top meme coins —including TRON, Sui Network, Solana, Pepe, Trump, SPX6900, and FartCoin—to fresh highs in recent months, reinforcing the belief that both market categories continue to hold substantial upward potential. With anticipation mounting for the next bullish market phase, investors are narrowing their focus onto specific crypto altcoins capable of eclipsing their previous peak price valuations. Ripple (XRP): Cross-Border Payments Crypto Leader Eyes Large Gains Ripple’s XRP has been absolutely explosive this year. After rising 505% in the last 365 days, the cross-border payments leader set a new all-time high of $3.65 in the early hours UTC today. Its ability to deliver near-instant global transactions at minimal cost has attracted substantial institutional backing, even earning praise from the United Nations as a feasible solution for frictionless international payments without third-party intermediaries. After a protracted legal showdown with the U.S. Securities and Exchange Commission (SEC), Ripple emerged victorious in 2023 when a judge ruled that XRP’s retail sales did not qualify as securities transactions. The SEC formally closed the case in 2025, concluding a four-year legal battle. This decisive resolution strengthened XRP’s position in the market, setting an important precedent for the wider altcoin ecosystem. Consequently, investor confidence soared, driving XRP’s price up by an impressive 439% over a year, far outpacing Bitcoin’s 87% growth within the same timeframe. XRP is now vastly overbought, with a scorching hot relative strength index (RSI) of 89. Traders are now likely to cash in on its blistering 37% rally over the last fortnight. In the last nine hours it has dipped 3.8% to $3.52 Nonetheless, strong psychological support will form at its previous resistance level of $3, enabling it to potentially leap up to $4 by fall. Earlier this year, chart patterns indicated a bullish flag formation, a typical indicator of an oncoming breakout. XRP bulls will be hoping this breakout is far from over. Ethereum ($ETH): Smart Contract Powerhouse Crypto Set for Further Price Growth Ethereum ($ETH) continues to hold its position as the world’s second-largest cryptocurrency, boasting a market capitalisation exceeding $435.2 billion, and remains a vital foundation for decentralised applications. Dominating both the smart contract and DeFi sectors, Ethereum currently secures over $80.8 billion in total value locked (TVL) , underscoring its indispensable role within Web3 ecosystems. Bulls feel that ETH could advance towards the $5,000 mark by year-end, a substantial rise from its current price of $3,608. This outlook is driven by upcoming network enhancements, its entrenched role in NFTs and DeFi, and increasing institutional interest, particularly with the recent introduction of spot ETFs that provide regulated exposure to ETH. Despite these positive prospects, Ethereum appears overbought in the near term with a hot RSI reading of 86, suggesting that some profit-taking may temporarily temper its rally. Key resistance lies at its current level $3,600, while solid support is below at $3,200, helping cushion any downside corrections. Further upside could emerge if the U.S. government enacts clearer crypto regulations under potential reforms, providing the market with greater legal certainty that could drive additional institutional inflows. Adding to this bullish narrative is renewed accumulation by large holders. Over the last week, Ethereum rose 20%, far outperforming Bitcoin’s 0.8% climb over the same period. Additionally, after consolidating within a falling wedge earlier this year, ETH rallied from $1,800 to $2,412 in early May, signalling a resurgence of institutional confidence. Solana ($SOL): Can This High-Speed Blockchain Hit New Highs by Autumn? Solana ($SOL) has carved out a strong niche in decentralised finance, offering ultra-fast transactions, minimal costs, and powerful smart contract capabilities. Its market cap now exceeds $95.8 billion, with over $9.9 billion in TVL , as reported by DeFiLlama. Market watchers are increasingly anticipating the potential approval of a spot ETF for Solana, similar to recent approvals for Bitcoin and Ethereum. Such a development could attract large institutional inflows and further establish Solana as a formidable Ethereum alternative. Adding to its growing narrative, U.S. President Donald Trump recently suggested incorporating Solana into a proposed U.S. Crypto Reserve, where the government could hold seized Solana assets obtained through enforcement actions. On the price front, Solana rebounded from its April low of $100 after reaching $250 in February, and is currently trading around $178 after rising 8% in seven days. With its RSI overbought at 71, it’s due to dip, however it enjoys strong support at its current level, which will be enough to help it consolidate its recent gains and go a leg higher. Although geopolitical tensions have weighed on short-term price growth, this period of consolidation has reinforced Solana’s market foundations. Resistance levels remain at $200 and $250, and a strong breakout could propel SOL beyond its all-time high of $293.31, potentially reaching the $300 threshold by autumn. Snorter ($SNORT): Low Price Entry into a Rising Crypto Platform Identifying promising new crypto projects before they hit mainstream awareness often yields the highest returns. While major altcoins maintain their dominance, emerging tokens are creating new opportunities for growth. One such rising project is Snorter ($SNORT) , a hybrid meme token and advanced trading bot built on Solana, with plans for cross-chain expansion. Integrated directly into Telegram, Snorter provides real-time market analysis within chat groups. With transaction fees as low as 0.85%, Snorter presents a competitive alternative to rivals like BonkBot, Maestro, and Trojan. Its feature-rich suite includes MEV-protected swaps, copy trading, rug pull prevention, and limit order sniping, establishing it as a comprehensive crypto trading platform. Investor interest has been strong, with the presale raising over $2 million so far. Its staking program offers attractive yields of up to 197% APY, rewarding early supporters generously. Snorter tokens are currently available for purchase on its official website at a fixed low price of $0.0983, which will increase incrementally throughout the presale, with the next phase launching within 24 hours. Whether you’re a seasoned trader or new to meme coins, Snorter seeks to provide a seamless, user-friendly platform to navigate today’s rapidly evolving crypto markets. You can keep up with Snorter on X , Instagram , or join the presale on the Snorter website . The post Crypto Price Prediction Today 18 July – XRP, Ethereum, Solana appeared first on Cryptonews .
China’s leading AI platform DeepSeek predicts that prominent altcoins will achieve unprecedented price milestones in the latter half of 2025, driven by Bitcoin’s exceptional rally. Earlier this week, Bitcoin set a new historical benchmark, reaching an all-time high of $122,838. Market analysts believe this bullish momentum could persist, further accelerating cryptocurrency adoption on a global scale. Bitcoin’s impressive ascent has sparked renewed enthusiasm among investors, with speculation mounting that the ongoing rally could eclipse the legendary bull run of 2021, propelling top altcoins to fresh valuation peaks. Outlined below are the digital currencies that China’s cutting-edge DeepSeek AI predicts to deliver strong gains in the coming months. XRP (Ripple): China’s DeepSeek AI Predicts Massive Upside for the Cross-Border Payments Giant DeepSeek’s latest forecasts suggest Ripple’s XRP could soar to $5 by the end of 2025—a remarkable leap from its current value around $3.45, however this is likely too conservative, given that XRP set a new ATH earlier today of $3.65, its first high watermark since it hit $3.40 back in 2018. DeepSeek’s projection is also a quarter of that of its biggest rival, ChatGPT, which suggests heights of $20. XRP has solidified its reputation as a fast, affordable, and regulator-friendly cross-border transaction solution. In 2024, the United Nations Capital Development Fund (UNCDF) acknowledged XRP’s capability to facilitate rapid global payments without traditional intermediaries. BOOOOOOOOOOOOOOOOOOM!!! UN Endorses @Ripple and @StellarOrg as Cornerstones of New Global Payments Network! #XRP and #XLM will run the new financial system! pic.twitter.com/ufewexCKmR — JackTheRippler © (@RippleXrpie) October 13, 2024 A landmark court ruling in 2023 declared that retail sales of XRP were not securities transactions, effectively undermining the SEC’s long-standing stance against Ripple and bolstering confidence across the altcoin market. In March, Ripple CEO Brad Garlinghouse officially announced the SEC dropped the four-year case, removing regulatory uncertainty for XRP and setting a precedent for all other altcoins. However, achieving the ambitious $20 target will require a major catalyst, such as regulatory reform in the U.S., where the crypto industry continues to advocate for comprehensive legal frameworks. XRP has been on a strong upward trajectory, climbing 7% over the past 24 hours and 55% in the last fortnight, driven largely by substantial whale accumulation. These large-scale purchases have pushed its relative strength index (RSI) to a heated 89, suggesting potential profit-taking ahead that will depreciate its price. However, the previous $3 resistance level is likely to switch to a strong psychological support level, priming XRP to run up to $5 by mid-fall and possibly even $20 by year end. . Over the past year, XRP has delivered an impressive 499% gain, far exceeding Bitcoin’s 83% rise, and remains the best-performing multibillion-cap crypto asset this year. Dogecoin ($DOGE): Founding Meme Coin Set for Major Breakout Dogecoin ($DOGE) , originally launched as a lighthearted parody in 2013, now commands a robust market capitalisation of over $36.6 billion, driven by a devoted community and increasing utility. Typically mirroring Bitcoin’s price trends, DOGE blends meme-fuelled volatility with long-term resilience. Trading currently at $0.2438, Dogecoin has risen by 14% in the past 24 hours and 19% over the past week. With an RSI of 81 it’s likely to follow XRP into a slight dip which will ultimately help to consolidate its gains while providing profits for its supporters. Chart analysis reveals a distinct falling wedge pattern from November through April, suggesting a likely breakout in the near term. DeepSeek AI predicts DOGE reaching as high as $1 during an extended bull phase, which would equate to a potential 4X gain from its current valuation. In terms of adoption, Dogecoin continues to attract high-profile support. Tesla accepts DOGE payments for select merchandise, while platforms like PayPal and Revolut have integrated DOGE for transactions, enhancing its practical use case. China’s DeepSeek AI Predicts The $HYPE Token Powering the Eponymous Crypto Millionaire-Maker DEX Will Go Higher Yet Since launching late last year, Hyperliquid and its native $HYPE token have emerged as standout players in the decentralised exchange (DEX) arena. It currently trades at $45 but DeepSeek expects it to hit $100 by the New Year. Operating on its own proprietary Layer 1 blockchain, Hyperliquid ensures full user custody over funds—an increasingly critical factor following the collapse of major centralised exchanges like FTX. Offering competitive fees, lightning-fast trade execution, and advanced features like perpetual derivatives, Hyperliquid combines the best of decentralised and centralised exchange platforms. Technical analysis, since its debut, shows robust bullish trends. Two bullish flag patterns formed between late winter and early spring, typically signalling sharp upward price moves. Indeed, between early April and May 26, $HYPE quadrupled in value, jumping from around $10 to $40. This rally was reinforced by multiple cup and handle formations, suggesting sustained interest from institutional-sized traders. Highlighting its potential, one Hyperliquid user recently netted $7 million from a $200 million long position on BTC and ETH using 50x leverage, demonstrating the platform’s capacity to deliver transformational profits. Bitcoin Hyper ($HYPER): The First Meme-Driven Layer 2 for Bitcoin Gathers Steam Bitcoin Hyper ($HYPER) is emerging as a novel force in the altcoin space, combining viral meme culture with innovative Layer 2 technology built natively on Bitcoin. Designed to boost transaction speed and scalability while infusing the ecosystem with playful energy, it is pioneering new use cases for Bitcoin-based applications. The project has already raised over around $3.4 million during its presale, with many predicting a potential 10X launch surge upon listing. Leveraging the Solana Virtual Machine (SVM), Bitcoin Hyper aims to resolve Bitcoin’s well-known limitations of slow transaction speeds and high fees, enabling high-performance smart contracts. Its Canonical Bridge allows for instant BTC transfers by routing transactions through its proprietary Layer 2, while its ultra-low gas fees support diverse applications ranging from decentralised apps (dApps) to meme coins and payment solutions. The project has also undergone a smart contract audit by Coinsult, which reported no vulnerabilities, bolstering investor confidence. The $HYPER token is central to its ecosystem, enabling staking rewards, transaction fee payments, and access to exclusive platform features. Presale participants are offered exceptionally high yields, with APYs reaching up to 269%, alongside governance privileges, providing attractive incentives for early backers. Visit the official presale website or follow Bitcoin Hyper on X and Telegram for more information. The post China’s DeepSeek AI Predicts the Price of XRP, Dogecoin and Hyperliquid by the End of July 2025 appeared first on Cryptonews .
The S&P 500 locked in its ninth all-time closing high of 2025 on Thursday, climbing 0.54% to 6,297.36, as crypto stocks ripped higher, and investors got slammed with better-than-expected earnings. Nasdaq Composite ended at 20,885.65, up 0.75%, posting its tenth record of the year. The Dow Jones added 229.71 points, or 0.52%, to close at 44,484.49, with all three major indexes pushing through new intraday highs before the bell rang. Trump’s GENIUS Act, signed into law the same day at the White House, lit a match under crypto stocks, triggering a sharp rise in names like Coinbase, Robinhood, and Bitmine Immersion. The bill, which has been called the first full-scale crypto regulation ever passed in the United States, got an official ceremony attended by politicians and industry leaders. Trump’s action now locks crypto oversight into federal law, something future presidents can’t just brush off. Noelle Acheson, economist and author of Crypto is Macro Now , said, “This is the biggest deal in crypto so far this year, up there with the change in the SEC – it’s the first crypto-focused law in the history of the United States, home to the largest financial market in the world.” She added that: “Being law rather than an agency ruling means that future Administrations will not be able to easily overturn its provisions. Should any try, by then stablecoins will be so deeply embedded in the global financial landscape, it would be futile.” Coinbase touches intraday high, Ether leads crypto run Coinbase saw a 2% gain by close and even spiked above the high it hit during its IPO debut in 2021, making it five straight positive weeks for the company. Robinhood closed 4% higher, while Bitmine Immersion, which manages ether reserves, added 1%. The jump came after Trump’s signing, which investors saw as a regulatory green light. Despite the crypto euphoria, bitcoin slipped 1%, weighing on firms tied directly to the coin. Strategy, previously known as MicroStrategy, dropped 6%, while Mara Holdings, a mining firm viewed as a bitcoin proxy, fell 2%. The contrast came as Ether dominated the spotlight, soaring 18% this week alone. That rally brings ether’s two-week performance to 43.6%, its strongest showing since August 2021. Bitcoin, for the same two-week stretch, is slightly down. Meanwhile, the CLARITY Act — a separate, more comprehensive bill covering crypto market structures — passed the House of Representatives and is now heading to the Senate, which will then send it to Trump, if approved. Jobless claims fall, retail sales beat expectations Outside crypto, the day’s economic reports gave traders more reason to stay risk-on. The Labor Department reported that initial jobless claims for the week ending July 12 dropped by 7,000, landing at 221,000. That decline hints that layoffs haven’t picked up despite all the noise about rate hikes and inflation. It also helped prop up the narrative that the labor market isn’t breaking. Another surprise came from the U.S. Census Bureau, which reported that retail sales in June rose 0.6% from May. That’s triple the 0.2% estimate that Dow Jones analysts had projected. Consumers are still spending, and that’s keeping companies happy, and investors, even happier. That spending is starting to show up in corporate earnings. Roughly 50 S&P 500 companies have reported results so far, and 88% of them beat expectations, as tracked by FactSet. Big names like PepsiCo, which gained 7% on Thursday, and United Airlines, which added 3%, were standout winners. By the end of the week, the S&P 500 is projected to be up 0.6%, with the Dow eyeing a 0.3% gain. But the real winner is the Nasdaq, which is leading all three major indexes with a 1.5% rise so far in the week. That makes tech — and by extension, crypto stocks — the market’s top performers again. KEY Difference Wire helps crypto brands break through and dominate headlines fast
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