Cryptocurrency News Today: Market Updates & Analysis podcast.
Hey friends, it’s Crypto Willy here with your must-know weekly scoop on all things cryptocurrency—from Bitcoin to altcoin rockets, from DC boardrooms to DeFi drama. Pull up your favorite block explorer and let’s break down everything that went down in the week leading up to July 29, 2025.
Kicking things off, Bitcoin did its usual headline-grabbing dance. After opening the week around $119,130, the OG king pinched a new short-term high over $123,000 before some profit-taking nudged it back toward $116,000. Despite the pullback, the Bitcoin market cap helped push the entire crypto market above the wild $4 trillion mark. What fueled this? President Donald Trump signed the highly anticipated GENIUS Act, sending bullish waves through altcoins and slicing Bitcoin’s dominance from a hefty 65.5% down to about 61%. Whale action was fierce: Strategy loaded up with 6,220 BTC, while Trump Media and Technology Group flexed by snapping up $2 billion in Bitcoin and other digital assets as it shifts toward an investment firm model. Even Volcom announced plans to raise $500 million just to buy BTC—and their shares spiked 135% on the buzz.
While BTC was cruising, news from Asia was equally spicy. Metaplanet, led by CEO Simon Gerovich, scored approval from South Korean regulators to acquire SGA Co., embedding their Bitcoin treasury model into listed companies across Asia. Meanwhile, the Bitcoin Standard Treasury Company is about to go public, post a $1.5 billion deal with Cantor Equity Partners—adding more fuel to the “corporate Bitcoin treasury” narrative that just won’t quit.
On the altcoin front, Ethereum had a fireworks month, shooting up over 48% through July and settling near $3,700. Big drivers? ETFs with serious muscle—BlackRock’s spot Ether ETF posted record trading volumes, and both BlackRock and Fidelity stacked their ETH bags, spurring that burn in supply. The 10th anniversary of the Ethereum network on July 30 kept spirits high, backed by Dencun upgrade’s lower gas fees and Layer 2 momentum. Ethereum’s strong technicals—its 50-day moving average breaking out above its 200-day—had traders using AI-powered tools like Tickeron to ride the wave, though some are eyeing a possible retrace toward $3,550 before any push toward $4,000 and beyond.
Yet, Ethereum wasn’t the only one throwing a party. Solana shot past $200 for the first time in months, and good old XRP hovered near its seven-year summit at $3.60. Meme and NFT-fueled tokens had their moment too: PENGU surged 290% on NFT excitement and social media hype, while tokens like CFX, BONK, ENA, and CRV posted unreal gains—thanks to technical upgrades, exchange listings, and whale support. While volatility is sky high, so’s the opportunity. Remember, as Alexander Zahnd from Zilliqa pointed out, real utility projects are starting to shine while capital flows from blue chips into higher-risk plays.
That’s the round-up for this wild week in crypto. Thanks for tuning in to Crypto Willy—your go-to block bro! Don’t forget to come back next week for more decentralized drama, and remember: this has been a Quiet Please production. For more of me, head to QuietPlease dot A I. Stay sharp, stay decentralized, and as always, HODL on!
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