According to the announcement from Binance, starting at approximately 2025-07-22 23:00 (UTC), the platform will temporarily suspend deposits and withdrawals of tokens on the Kadena (KDA) network. This suspension is to facilitate a network upgrade and hard fork scheduled for 2025-07-23 00:00 (UTC). The upgrade aims to enhance the user experience by ensuring the network's stability and performance. The trading of tokens on the Kadena network will remain unaffected during this period. Binance assures users that it will manage all technical requirements related to the upgrade, minimizing any potential disruptions. Once the network is confirmed to be stable post-upgrade, deposits and withdrawals will be reopened. Binance has stated that no further announcements will be made regarding the reopening of these services. Users are encouraged to stay informed through the project's official channels for any additional updates.

Odaily Planet Daily News According to the official announcement, Gate will be launched on Chainbase (C) spot trading at 18:00 (UTC+8) on July 18.

According to Cointelegraph, Bitcoin's recent golden cross on the daily chart is generating optimism among traders, as it historically signals significant price increases. The golden cross, which occurs when the 50-day simple moving average (SMA) surpasses the 200-day SMA, has been associated with substantial gains, sometimes exceeding 2,000%. This pattern has been observed in past bull markets, notably in 2017 and 2020, where Bitcoin experienced massive surges. The latest golden cross was confirmed in late May, and since then, Bitcoin has shown upward movement, although the gains have been relatively modest at 12% so far. Trader Merlijn highlighted this development on X, emphasizing the potential for Bitcoin to reach $155,000 in the coming months. Bitcoin's price action is currently consolidating below $120,000, but market sentiment remains positive, with expectations of further price discovery. Analysts suggest that a daily close above the $120,000 resistance level, followed by a retest, could confirm a breakout to new highs. The next target for Bitcoin is projected to be around $135,000, as the cryptocurrency continues to move independently of broader macroeconomic concerns. This bullish outlook is supported by the first-ever weekly golden cross event at the start of 2024, which coincided with the beginning of the current bull market's upward trajectory. As Bitcoin consolidates, some capital is being redirected into altcoins, according to analyst Rekt Capital. Despite the optimism, it is important to note that investment in cryptocurrencies carries risks, and individuals should conduct thorough research before making any trading decisions.

The departure of Gary Gensler from the U. S. source: https://finbold.com/1000-invested-in-xrp-when-gary-gensler-left-sec-is-now-worth-this-much/

The global expansion of stablecoins has profoundly reshaped the international monetary power structure. The United States has incorporated stablecoins into the dollar system through the "GENIUS Act", strengthening the trend of "digital dollarization".

The global cryptocurrency market cap now stands at $3.84T, up by 1.99% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $117,454 and $120,999 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $118,700, down by -0.36%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ERA, SUSHI, and EPIC, up by 629%, 29%, and 21%, respectively. Top stories of the day: Ethereum News: Ethereum Gains Institutional Momentum as Stablecoins and RWAs Drive Wall Street Inflows DOGE News: Dogecoin Eyes 300% Rally as Double Bottom Forms and On-Chain Metrics Flash Green Ethereum News: Ether Soars 47% in a Month as Hedge Funds Say $10K May Be “Stretch, But Not Impossible” Crypto News Today: Trump Reportedly Weighs Executive Order to Allow Crypto in 401(k) Retirement Plans Crypto News: Crypto Market Cap Nears $4 Trillion as Ether and XRP Surge on U.S. Regulatory Breakthroughs Low Probability of Powell's Dismissal by Trump Before August End U.S. Congress May Accuse Powell of Perjury Over Federal Reserve Renovation Trump Supports Tax Exemption Policy for Bitcoin and Cryptocurrencies Federal Reserve Governor Advocates for July Rate Cut U.S. House Passes CLARITY Act to Regulate Digital Asset Market Trump to Sign Crypto Legislation at Upcoming Event Federal Reserve Anticipates Two Interest Rate Cuts This Year BlackRock's iShares Ethereum ETF Submits Staking Application Russian Bank Seeks to Lead in Crypto Asset Custody CANARY Submits Application for STAKED INJ ETF to U.S. SEC U.S. Weekly Jobless Claims Reach New Low in July U.S. Retail Sales Surge in June, Exceeding Expectations PancakeSwap Surpasses Tether in Daily Protocol Fees Market movers: ETH: $3603.3 (+3.77%) XRP: $3.4331 (+5.27%) BNB: $736.28 (+2.59%) SOL: $179.38 (+2.09%) DOGE: $0.23988 (+10.99%) ADA: $0.8518 (+5.20%) TRX: $0.329 (+5.21%) WBTC: $118498.94 (-0.43%) XLM: $0.4781 (+0.36%) SUI: $4.0398 (-0.05%) Top gainers on Binance: ERA/USDT (+629%) SUSHI/USDT (+29%) EPIC/USDT (+21%)

On-chain data suggests that profit-taking pressure is quietly building, with whales leading the charge. source: https://coindoo.com/market/whale-moves-signal-caution-as-bitcoin-stalls-near-highs/

An Australian fintech company, Block Earner, has launched the country’s first mortgage that accepts Bitcoin as loan security. This became possible after a court ruled the product doesn't need a financial licence, letting people use crypto to buy homes without selling it.

Odaily Planet Daily News During the GM Vietnam Blockchain Week, LBank Labs will hold a theme afterparty - "LBank Labs Nightlife: Hanoi Station" at the Ignite Sky Bar, the core landmark of Hanoi, from 7pm to 11pm on August 1 (Friday), presenting an immersive party experience that combines the spirit of Web3 with the night scene of the city. The event is hosted by LBank Labs and will invite about 150-200 guests from the crypto field, including 50 special VIP guests from top projects, VCs, media and communities. LBank Labs Nightlife aims to build a relaxed and efficient offline communication space, providing GM Vietnam participants with an excellent opportunity for industry exchanges and collision of inspiration.

Bitcoin bulls are salivating as the 2025 daily golden cross starts to deliver classic BTC price gains — in the past, these have exceeded 2,000%. source: https://cointelegraph.com/news/bitcoin-golden-cross-that-sparked-2000-gains-is-here?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

RSI has climbed to almost 85, flagging potential overbought conditions. Volume has risen sharply, driven by retail trader participation. Technical breakout from ascending triangle remains intact. XRP has staged a powerful rally, climbing to $3 source: https://coinjournal.net/news/xrp-price-hits-3-45-after-breakout-technical-signals-show-rally-may-extend/

Thumzup Media Corp. ’s Board of Directors approved the company holding up to $250M in crypto, including BTC, ETH, XRP, USDC, LTC, DOGE, and SOL. source: https://www.cryptopolitan.com/thumzup-media-corp-to-invest-crypto/

After Michael Saylor's Bitcoin reserve strategy was imitated by more than 50 companies, Wall Street has turned its attention to more productive assets, and this time, Ethereum has become the protagonist.

The implementation of the US policy has undoubtedly reassured the crypto market. As the GENIUS Act is about to be signed into law, how will the banking, retail, payment, and Wall Street financial giants react? How to deal with the impact of the crypto bill?

ChatGPT said: Shinhan Bank has added cryptocurrency tracking and educational tools to its SOL app, becoming the first South Korean bank to offer such services. The move signals growing acceptance of crypto in traditional banking, with plans to expand into crypto purchases and wallet management soon.

The Stablecoin Act and the Digital Asset Clarity Act, which are of real concern to crypto users, were both passed with high votes.

The House of Representatives passed the GENIUS Act by a vote of 307 to 122, sending the bill to President Donald Trump.

Seychelles-based cryptocurrency exchange BigONE has confirmed a major security breach that resulted in the loss of over $27 million following a targeted attack on its hot wallet infrastructure.

OpenAI is building a checkout feature inside ChatGPT so users can complete purchases without leaving the app. It may earn a small commission on each sale made through the platform.

Pakistan is hoping to partner and tap into the experience of El Salvador to further its own country's crypto dreams.