It seems our crypto darling might just be in the grips of a corrective phase, like a wayward student learning the hard way that too much exuberance can lead to a trip to the headmaster’s office.
On Wednesday, lawmakers voted 215-211 in favor of a resolution to reconsider the package, which includes bills to regulate payment stablecoins, establish crypto market structure, and restrict the development of a US central bank digital currency (CBDC). That’s right, folks, they’re talking about the future of money, and it’s about as clear as mud 🌟.
In the grand theatre of currency, Bitcoin’s price, like a dearest fool, aims to seize the liquor of liquidity at the exalted figure of $120,000.
Like a phoenix rising from the ashes, Bitcoin has ascended 2.3% to the dizzying heights of $118,900. The overall crypto market cap, that great indicator of the industry’s fortunes, has increased by 1.39%. But it is the altcoins, those plucky underdogs, that have truly led the charge. Ethereum, that venerable institution, has risen a staggering 9.77%, while Solana and Dogecoin have followed close behind, up 6.25% and 7.23% respectively.
Notably, their hashrate dominance has more than doubled since January 2022 (when it stood at roughly 15%). 📈
The recent performance of Stellar has caught the attention of both retail and institutional investors, proving that this crypto is not just a pretty face. 😉
And get this, 19 out of 20 assets are trading higher. It’s like a party in the crypto world, and everyone’s invited! 🎉
SharpLink Gaming, the newfound titan of Ethereum [ETH] treasure chests, has stashed away a staggering 280,706 ETH, prancing over the Ethereum Foundation and planting flags of victory like a well-fed dog claiming its territory.
As the broader crypto market emerges from the depths of a deep correction, Cardano’s price is beginning to show early signs of strength. Analyst ViV Thakur recently remarked, “Cardano is looking interesting,” and there might be more to this than meets the eye. After months of low volatility and range-bound price action, ADA has surged 39% in July 2025 alone, marking one of its sharpest monthly moves in over a year. This suggests that ADA is not just biding its time but is actively carving out a potential reversal, preparing for a trending move that could be as poetic as it is profitable.
According to the Shibburn data, a measly 180,292 SHIB were destroyed in the past 24 hours – a massive drop from earlier burn activity. But don’t worry, the Shiba Inu community is still committed to setting their money on fire 🔥. Over the last week, they’ve removed more than 46 million tokens from circulation by sending them to “dead wallets” – because who needs actual money when you can have a virtual dog? 🐶
