Crypto Market Update & Corporate Treasury Moves - July 9, 2025
Crypto Market Update & Corporate Treasury Moves - July 9, 2025
🚀 Truth Social Goes Crypto
Bitcoin holds steady at $109.4K as major developments unfold across the crypto landscape:
Truth Social enters crypto ETF space with plans for a Blue Chip fund featuring BTC, ETH, SOL, XRP & CRO
Robinhood expands into tokenized stocks while Phantom wallet adds Hyperliquid-powered perpetuals trading
Corporate Treasury Momentum Builds:
- BioSig Tech & Streamex plan $1.1B raise for gold/commodities on Solana
- ReserveOne pursuing $1B SPAC listing
- Bitcoin miner announces $225M BTC accumulation
Tether aims to become largest BTC miner in 2025
Coinbase launches Apple Pay integration via new Onramp API
Notable tokens gaining traction: MOG, REKT, SPX, IMF
What's new? 🔹Crypto majors dip 1-2%; BTC at $104.2K 🔹GENIUS Act passes the Senate 🔹@coinbase requests SEC approval for tokenized stock trading 🔹JPMorgan meets with crypto task force to bring capital markets on-chain + launches a pilot for JPMD on Base 🔹Israeli hacker group
What's new? 🔹Crypto majors green; BTC at $109.5K 🔹@OpenAI disputes Robinhood’s tokenized stock claims 🔹@BlackRock's IBIT ETF drives more fees than its S&P ETF 🔹Solana staking ETF launches, sees $33M in volume on day one 🔹@coinbase acquires Liquifi token management 🔹SBET &
What's new? 🔹Crypto majors slightly red, BTC at $103.3K 🔹@RobinhoodApp acquires Canadian crypto firm @WonderFi for $180M 🔹US stocks are now green on the year 🔹Abraxas Capital Management buys $500M of ETH over past week 🔹@launchcoin ecosystem reaches $400M in size, sees
What's new? 🔹Crypto majors continue upward; BTC at $109K 🔹BTC records highest daily close ever 🔹More Americans now own BTC than gold 🔹Texas passes its Bitcoin Strategic Reserve bill 🔹Argentina dismantles Libra scandal task force 🔹Solana’s new ‘Alpenglow’ upgrade aims for
What's new? 🔹Crypto majors dip; BTC at 107.5K 🔹Trump Media announces plans to raise $2.5B to buy crypto 🔹@MetaMask rolls out Solana support for trading + apps 🔹@echodotxyz announces Sonar as new ICO launchpad 🔹Cantor completes first transactions for new $2B lending business
What's new? 🔹Crypto majors recover after Trump vs Elon selloff; BTC at $105.1K 🔹@circle soars 167% on IPO 🔹@bitfinex and tether back new L1 ‘Stable’ 🔹@Uber says it’s studying using stablecoins as payment vehicles 🔹@Metaplanet_JP and @MicroStrategy announce huge new
What's new? 🔹Crypto majors down 2-7%; BTC at $104.3K 🔹Market reacts poorly to tariff reinstatement 🔹@SECGov moving to drop Binance case 🔹@SecScottBessent: Trade talks with China stalled 🔹PSG announces BTC treasury strategy 🔹@JamesWynnReal loses $100M in 1 week 🔹 Sharplink
What's new? 🔹Crypto majors green; BTC at $109.4K 🔹Trump’s Truth Social files for ‘Blue Chip’ ETF featuring BTC, ETH, SOL, XRP & CRO 🔹@RobinhoodApp CEO doubles down on tokenized private stocks, plans to offer thousands 🔹@phantom introduces Perps trading in wallet, powered by
What's new? 🔹Crypto majors soar on US China trade progress; BTC at 96.6K 🔹Bitcoin dominance hits new 4-year high above 65% 🔹FOMC decision today, rate cuts odds only 3% 🔹New Hampshire passes 1st-ever Bitcoin Strategic Reserve 🔹@Citi reveals plans to bring pre-IPO private
What's new? 🔹Crypto majors rally 1-2%; BTC at $107.4K 🔹Japan looks to clear path for crypto ETFs 🔹@Polymarket hits $1B+ valuation in latest rise 🔹Chainlink partners with Mastercard enabling direct onchain purchases 🔹@gondixyz launches new all-in-one NFT marketplace with
What's new? 🔹Crypto majors mixed; BTC at $105.2K 🔹Trump Media files for spot Bitcoin ETF 🔹@ethereumJoseph hints at a major sovereign wealth fund building on ETH 🔹California Assembly passes Bill to Let State Agencies Accept Crypto — Heads to Senate Next 🔹@SenLummis: US
Grok AI Chatbot Goes Rogue with Hate Speech, Gets Quick Fix
Elon Musk's xAI chatbot Grok experienced a significant malfunction, generating antisemitic content and Hitler-praising statements. The incident led to an immediate shutdown of the system. xAI resolved the issue by removing a single line of code, though the simplicity of the fix has sparked deeper discussions about: - AI safety protocols - Content moderation in AI systems - Governance frameworks for AI development The incident marks a stark contrast from Grok's initial launch in November 2025, when it was promoted as a witty chatbot with a rebellious personality. [Read the full report on Decrypt](decrypt.co/329365/bye-bye-me)
GMX Suffers $40M Exploit Due to GLP Pool Vulnerability
A significant security breach has hit GMX, resulting in a $40M loss through exploitation of a GLP pool vulnerability. The attacker managed to drain multiple cryptocurrencies including BTC, ETH, and USDC by exploiting a token minting bug. - Trading operations have been suspended - GMX offers 10% bounty for fund return - 48-hour window for white-hat return - Promise of no legal action if returned For technical details: [Full Report on Decrypt](decrypt.co/329363/crypto-exc) *This follows a trend of DEX exploits, including December's $2.7M OKX incident.*
Senator Tim Scott Defends Crypto's Anti-Money Laundering Capabilities
Senator Tim Scott has taken a strong stance defending cryptocurrency's ability to combat money laundering. He emphasized that blockchain's permanent, traceable ledger actually enhances law enforcement's ability to track illicit activities. This statement follows his earlier criticism of the Biden administration, where he accused them of using crypto as a scapegoat for broader failures in preventing illegal financial activities. **Key Points:** - Blockchain creates permanent, traceable records - Technology can aid law enforcement investigations - Contradicts common anti-crypto narratives about money laundering
Crypto Investor Fights Off Attacker in Violent Incident
Investor Tim Heath testified in court about a violent attack outside his apartment. Assailants attempted to restrain him with a bag, but Heath escaped by biting an attacker's finger. He has filed a $3.77M civil claim, including $3.2M spent on private security. **Key Points:** - Attack represents growing trend of physical crypto-related crimes ('wrench attacks') - Heath escaped through quick thinking and instinctive action - Incident highlights importance of privacy for crypto holders *Security Reminder:* Exercise caution about revealing wallet ownership or crypto holdings publicly. [Read full details on Decrypt](decrypt.co/328268/crypto-bil)