Bitcoin soared past $105,000 after President Donald Trump announced a ceasefire between Israel and Iran, fueling a $1.2 billion inflow into global crypto funds and extending a ten-week streak of investment gains. The US Federal Reserve removed "reputational risk" from bank supervision, clearing a path for greater bank involvement with crypto. South Korea advanced its national stablecoin initiative, while Hong Kong unveiled strict licensing rules for stablecoin issuers.

Market Movements

Crypto market rallies after Trump announces Iran-Israel ceasefire

Bitcoin surged above $105,000 after President Donald Trump announced a complete ceasefire between Israel and Iran, following a period of significant market volatility triggered by US strikes on Iranian nuclear sites during 'Operation Midnight Hammer.'

Binance founder predicts only select cryptocurrencies will reach new all-time highs

Binance’s founder stated that, despite ongoing market volatility, only a few strong cryptocurrencies are likely to achieve new all-time highs. He advised investors to focus on projects with lasting strength and potential for future growth.

Stablecoin Regulation and Adoption

Bank of Korea deputy chief supports gradual introduction of won-based stablecoins

The senior deputy governor of South Korea's central bank stated that it is desirable to introduce won-denominated stablecoins gradually, starting with rigorously regulated commercial banks.

Lagarde urges EU lawmakers to accelerate digital euro legislation

European Central Bank President Christine Lagarde on Monday called on European lawmakers to expedite the introduction of legislation supporting the launch of a digital euro.

Fiserv announces launch of FIUSD stablecoin for financial institutions

Fiserv, a global payments and financial services technology company, has announced it will introduce a new stablecoin called FIUSD. The stablecoin will integrate directly into Fiserv's existing infrastructure, enabling financial institutions to adopt stablecoin payments without system overhauls or additional costs. Fiserv plans to make FIUSD available to its network of financial institutions and merchants by the end of 2025.

Circle stock becomes largest component of VanEck's digital asset index

Shares of stablecoin issuer Circle now account for approximately 13% of VanEck's MarketVector Decentralized Digital Asset Infrastructure Index (MVDAPP), making it the largest component, according to VanEck's Mathew Sigel.

Hong Kong introduces strict licensing regime for stablecoin issuers

Hong Kong will implement a stringent licensing regime for stablecoin issuers starting August 1, requiring robust controls on reserves, price stability, asset security, and anti-money laundering measures. The new rules align with Financial Stability Board (FSB) standards, and authorities expect to grant only a limited number of licenses initially.

Crypto Investment, Funds, and Institutional Adoption

Crypto funds record $1.2 billion in 10th consecutive week of inflows amid geopolitical uncertainty

Global crypto investment funds saw net inflows of approximately $1.2 billion last week, marking the tenth consecutive week of gains despite ongoing geopolitical tensions. According to CoinShares, Bitcoin and Ethereum-based funds led with net inflows of $1.1 billion and $124 million respectively, bringing year-to-date inflows to a record $15.1 billion. The sustained capital movement into crypto funds highlights investor resilience in the face of global volatility, although some reports note a slight loss of momentum.

Russians' crypto holdings surpass $25.4 billion amid institutional investment surge

Russia's cryptocurrency market has exceeded $25.4 billion in holdings, driven by a sharp increase in institutional investment and rapid expansion of industrial mining. The influx of trillions of rubles into digital assets and the use of abundant domestic energy resources are contributing to Russia's efforts to enhance its position in the global crypto landscape.

Majority of wealthy US investors seek advisers with crypto expertise

A June 2025 CoinShares survey of 500 US individuals with at least $500,000 in investable assets found that 82% are more likely to hire financial advisers who can deliver informed cryptocurrency strategies.

VMS Group to make first crypto investment with Re7 Capital

Hong Kong-based family office VMS Group, which manages $4 billion in assets, is making its first investment in the crypto sector by allocating up to $10 million to Re7 Capital strategies. The move comes as VMS seeks to diversify into more liquid investments, citing clearer regulatory frameworks and increasing institutional interest in digital assets.

Veda raises $18 million to expand DeFi vault infrastructure

Veda, a decentralized finance (DeFi) infrastructure firm, has raised $18 million in a funding round led by CoinFund, with participation from Coinbase Ventures, GSR, and Animoca Ventures. The capital will be used to support and scale Veda's platform, which enables apps, protocols, and institutions to offer simplified onchain crypto yield products, and currently powers over $3.7 billion in assets.

Unicoin to acquire majority stake in Diamond Lake Minerals and launch altcoin treasury strategy

Crypto firm Unicoin has agreed to purchase a 51% stake in Diamond Lake Minerals, a company focused on digital assets. The deal will lead to a strategic rebranding and a new emphasis on an altcoin treasury strategy.

Anthony Pompliano’s ProCap Financial to go public via $750 million SPAC merger

Anthony Pompliano’s crypto venture ProCap Financial will go public in the U.S. through a merger with blank-check company Columbus Circle Capital Corp, raising $750 million in the process.

Ex-Chorus One CIO launches $20 million crypto fund

Former Chorus One Chief Investment Officer, Frachtis, has launched a new $20 million crypto fund. The fund will focus on pre-seed and seed investment rounds, targeting both consumer applications and artificial intelligence projects.

Industry Growth, Infrastructure, and Innovation

HIVE acquires 7.2MW Toronto data center to expand AI infrastructure

HIVE Digital has signed an agreement to acquire a 7.2-megawatt data center in Toronto. This marks the first infrastructure purchase under its new high-performance computing subsidiary, BUZZ HPC, as the company expands its AI infrastructure capabilities.

Canaan to close non-core AI semiconductor unit in strategic shift

Canaan announced it will shut down its non-core AI semiconductor business as part of a strategic realignment. The company will redirect resources to strengthen its bitcoin mining machine sales, self-mining operations, and consumer mining products businesses.

AI and Web3 drive real-time shoppable video at Amazon and QVC

AI and Web3 technologies are transforming streaming at Amazon and QVC into real-time shoppable video, creating new revenue streams, enabling creator monetization, and opening opportunities for next-generation commerce.

DeFi Development Corp stock to be tokenized onchain via Kraken

DeFi Development Corp will have its stock tokenized and made available onchain through Kraken. The company's CEO referred to the stock tokenization as a “DeFi Lego block,” indicating it is intended as a foundational step for broader decentralized finance adoption.

Banks consider blockchain technology to replace COBOL-based payment systems

Legacy banking infrastructure continues to rely on COBOL for payment processing, a system dating back to 1975. New developments in blockchain and cryptocurrency technology are being explored as potential solutions to modernize and improve these outdated processes.

BitMEX introduces AI reports, copy trading, and new growth strategies amid industry shift

As the crypto industry matures rapidly in 2025, exchanges are focusing on innovation in trading infrastructure, AI integration, user experience, and regulatory compliance. BitMEX is emerging as a key player by introducing AI-generated reports, copy trading features, and a renewed focus on responsible platform design, aiming to set new standards and drive growth in a competitive market.

Bybit promotes Helen Liu to co-CEO as CTO Rockman departs

Bybit, a leading cryptocurrency exchange, has promoted its Chief Operating Officer Helen Liu to the role of co-CEO, according to reports from Wu Blockchain and press releases. The leadership change also includes the departure of CTO Rockman.

Crypto Regulation, Policy, and Legal Developments

Senator Adam Schiff introduces bill to ban top officials and families from crypto activities

Senator Adam Schiff has introduced the Curbing Officials' Income and Nondisclosure (COIN) Act, a bill aiming to prohibit the U.S. president, vice president, other top public officials, and their family members from launching, promoting, profiting from, or participating in cryptocurrency-related activities. The legislation follows similar efforts in the House and comes amid concerns over President Donald Trump's ties to crypto, including recent events involving memecoins. Schiff, who recently supported a stablecoin bill, is now seeking to prevent government leaders from endorsing or issuing crypto assets.

FHFA to review impact of crypto holdings on mortgage qualifications

The Federal Housing Finance Agency (FHFA) will study how digital assets, such as cryptocurrencies, are considered in the mortgage qualification process. FHFA Director Bill Pulte, known for his support of crypto, announced the agency's plans to examine the role of crypto holdings when assessing home loan eligibility.

Federal Reserve removes reputational risk from bank supervision, easing path for crypto services

The US Federal Reserve has eliminated the "reputational risk" factor from its bank examination programs, aligning with the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). This policy change removes a key barrier that previously limited banks' involvement with cryptocurrency firms, directing examiners to focus on measurable financial exposures instead. The move is seen as a significant win for the crypto industry, potentially accelerating the integration of digital assets into traditional banking services.

Coinbase seen as beneficiary of proposed U.S. crypto regulatory bill

Coinbase (COIN), the leading U.S. digital assets platform, is well positioned to benefit from the crypto market structure bill introduced in the House of Representatives earlier this month, according to a research report by broker Benchmark.

Banks and fintech firms seek compliant DeFi integration following favorable US crypto signals

Banks, financial institutions, and major fintech companies are increasingly exploring ways to bring funds on-chain and provide compliant access to decentralized finance (DeFi) services. This trend has accelerated since the Trump administration signaled support for favorable crypto regulations, according to blockchain development firm Alchemy.

FTX EU (now Trek Labs) pays €200,000 settlement to CySEC

FTX EU, which was renamed Trek Labs following its acquisition by Backpack, has paid a €200,000 settlement to the Cyprus Securities and Exchange Commission (CySEC). The regulator stated that the settlement relates to possible violations that occurred before the company's change of name and shareholding structure.

Security, Scams, and Cybercrime

Former CIA official warns of growing crypto espionage threat

A former CIA official has cautioned that cryptocurrencies are now widely used as a common currency in global espionage operations. Since the advent of Bitcoin, bad actors have increasingly relied on digital assets to finance illicit activities in ways that are difficult to detect.

Crypto scam markets surge after Telegram cleanup attempt

Platforms including Shuangying and Fully Light have seen transactions increase three to four times following the Huione ban, as crypto scam markets thrive again despite Telegram's recent cleanup efforts, according to a report.

Trezor issues phishing alert after support contact form exploited

Trezor has issued a warning to users about ongoing phishing attempts after attackers exploited its support contact form to send scam emails. Criminals used an HTML exploit to edit automated replies from Trezor’s help line, inserting fake warnings and links to compromised vaults. The phishing emails sought wallet backups from users. Trezor stated that no internal systems or user emails were breached, the issue has been contained, and the company is researching additional safeguards to prevent future abuse.

Self Chain ousts CEO Ravindra Kumar after $50 million OTC scam allegations

Layer-1 blockchain Self Chain has terminated its CEO, Ravindra Kumar, following allegations linking him to a $50 million over-the-counter (OTC) crypto scam conducted via Telegram. Kumar, who led the Binance-listed project, has denied any involvement in the alleged fraud.

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