Uzmancoin

The Fed, FDIC, and OCC issued a statement allowing banks to offer cryptocurrency custody services, emphasizing compliance with existing laws and risk management. They urged enhanced cybersecurity measures, control over customers' crypto keys, and adherence to AML/CFT regulations. Bank accountability for third-party services and the importance of clear customer communication were also highlighted.

Bitcoin has reached a new record of $123,000, with analysts from Bernstein maintaining their $200,000 forecast. They predict this bullish cycle will be prolonged due to institutional interest and government support, signaling a fast-expanding crypto market.

Sonnet BioTherapeutics and Rorschach I LLC have decided to merge, creating Hyperliquid Strategies. This new company will focus on HYPE token treasury strategy, supported by notable investors in the crypto space. Hyperliquid has gained significant traction, with its token rising over 600%.

Strategy acquired 4,225 Bitcoin between July 7-13, 2025, spending $472.5 million, averaging $111,827 each. Their total holdings reached 601,550 Bitcoin, with cumulative spend at $42.8 billion and an average cost of $71,268.

Recent Bitcoin price surges have led to significant losses for traders, including James Wynn and Qwatio. Qwatio lost $25.8 million within two days while betting against Bitcoin and other cryptocurrencies, echoing a broader trend of $600 million in liquidated positions among short traders.

The U.S. House of Representatives has declared the week of July 14-18 as "Crypto Week," with key crypto bills GENIUS and CLARITY set for discussion, aiming to regulate stablecoins and clarify regulatory roles in the crypto market.

Yapı Kredi plans to establish a cryptocurrency trading platform under Yapı Kredi Finansal Teknolojiler A. Ş., with a capital increase decision of up to 1.185 billion TL to meet funding needs.

As Bitcoin's volatility reaches historical lows, QCP Capital warns investors not to be misled by the quiet. Analysts suggest that this low volatility may be temporary, anticipating significant price movements in the latter half of the year. Despite current stability, potential risks loom from economic factors, including looming tariffs under the Trump administration that could impact global growth and market liquidity, ultimately affecting volatility.

BlackRock's Bitcoin spot ETF, IBIT, has reached new milestones, surpassing $10 billion in the first seven weeks and 700,000 Bitcoin. It is among the top-performing funds within BlackRock, demonstrating rapid growth compared to older ETFs.

Grayscale made changes to three of its funds: the Decentralized Finance Fund added Ondo Finance, the Smart Contract Fund replaced Polkadot with Hedera, and the AI Fund only adjusted weightings.

A dormant Ethereum wallet holding 900 ETH was activated after nearly 10 years, transferring $25 worth for testing. The motive behind the transaction remains unclear, raising questions about potential sales or just a wallet update.

In the past year, Bitcoin mining firms expanded their operations by leasing energy capacities to AI companies, generating significant revenue. Core Scientific was acquired by CoreWeave for $9 billion in stock, following a turnaround after near bankruptcy during the 2022 crypto crisis. The agreement is expected to finalize in Q4 2025.

The Senate is set to discuss the "Crypto Market Structure Act" following the approval of the GENIUS Act for stablecoin regulation. An official meeting will outline the draft and explore necessary changes, aiming for quick progress before the August recess. Key topics include determining SEC or CFTC regulation for cryptocurrencies. The House will also address multiple crypto-related bills next week.

Bitcoin remains strong, attracting increasing investments in crypto funds, which saw a net inflow of $1 billion last week, primarily in Bitcoin funds. Ethereum funds also experienced significant investment, while altcoins showed positive trends. BlackRock led with the highest investment.

The claim that TON stakers would receive residency permits in the UAE was quickly denied by authorities, including Dubai's VARA. Despite Pavel Durov's support, Binance's CZ questioned the validity of the report, which initially led to a surge in TON's value before declining after the refutation.