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NASDAQ:COIN 28 June 2025 - 25 July 2025

Crypto News Roundup (July 24–25, 2025): Bitcoin Nears $120K, U.S. Stablecoin Law Signed, Exchange Hacks & More

Crypto News Roundup (July 24–25, 2025): Bitcoin Nears $120K, U.S. Stablecoin Law Signed, Exchange Hacks & More

Over the past two days, cryptocurrency markets have surged to multi-year highs while regulators advanced landmark laws. Bitcoin flirted with record prices near $120,000 before a healthy pullback, and altcoins rallied in tandem. Major policy moves — including a new U.S. stablecoin law and Europe’s first MiCA license — promise clearer rules for crypto. Meanwhile, exchanges expanded offerings with no outages during the frenzy, and recent hacks kept security in focus. The NFT and meme coin arena saw a dramatic revival, albeit with opportunistic scams piggybacking on the hype. Social media buzzed with altseason excitement and influencer drama. Below is a comprehensive roundup of the key developments, complete with expert insights and primary source links.
Crypto Frenzy: Bitcoin Wavers at $120K, Altcoins Roar, Regulators Act, and NFTs Rebound (July 22–23, 2025)

Crypto Frenzy: Bitcoin Wavers at $120K, Altcoins Roar, Regulators Act, and NFTs Rebound (July 22–23, 2025)

Bitcoin briefly topped $120,000 — a level not seen in years — before pulling back by over 2% mid-week cointelegraph.com. The dip to around $117,500 at Wednesday’s Wall Street open triggered more than $500 million in liquidations across crypto derivatives, as over 176,000 traders saw positions wiped out cointelegraph.com. Analysts viewed the move as a healthy breather: “Not an actual breakout upwards... likely that we’re going to retest the lows of the range again,” commented veteran trader Michaël van de Poppe after the liquidity sweep cointelegraph.com. Some are eyeing support around $113K as a potential local bottom, noting that a 6–7% pullback to that Fibonacci level could set the stage for the next leg up cointelegraph.com. Despite this week’s volatility, Bitcoin’s market structure remains bullish, and optimistic traders still target fresh highs toward $130K+ after a short-term correction cointelegraph.com.
Bitcoin Blasts Past $120K as Wall Street Embraces Crypto – July 2025’s Must-Read Blockchain Roundup

Bitcoin Blasts Past $120K as Wall Street Embraces Crypto – July 2025’s Must-Read Blockchain Roundup

Bitcoin Hits All-Time Highs: July 2025 saw Bitcoin surge to unprecedented levels, breaching the $120,000 mark for the first time. By late month, Bitcoin traded around $123,000 en.cryptonomist.ch, cementing its status as one of 2025’s top-performing assets. The broader crypto market followed suit – total crypto market capitalization blew past the $4 trillion milestone for the first time ever en.cryptonomist.ch. Analysts credited a confluence of bullish factors, from clearer U.S. regulations to a wave of institutional buying, for driving this historic rally en.cryptonomist.ch en.cryptonomist.ch. Not everyone was euphoric, however. Financial author Robert Kiyosaki stirred debate by warning that the Bitcoin “bubble” could “burst” soon, even as he had previously cheered its record highs newsletter.coinpaper.com. His contrarian stance highlighted lingering caution in some corners amid the frenzy.
32B AI Model Trained by a Swarm of Volunteer GPUs – Inside INTELLECT-2’s Decentralized Revolution

32B AI Model Trained by a Swarm of Volunteer GPUs – Inside INTELLECT-2’s Decentralized Revolution

In May 2025, the Prime Intellect research team unveiled INTELLECT‑2, a 32-billion-parameter large language model that was trained not on a single data-center supercomputer, but on a globally distributed “swarm” of volunteer GPUs chakra.dev. This makes INTELLECT-2 the first LLM of its scale to be trained via fully asynchronous reinforcement learning across hundreds of heterogenous, permissionless machines contributed by volunteers chakra.dev. In other words, anyone with spare GPU capacity could join the training run – a radical departure from the traditional paradigm of centralized AI training in big-tech clusters. The project demonstrates that reinforcement learning can be scaled up and coordinated over an open network of untrusted nodes, achieving high performance without a centralized supercomputer chakra.dev. As one report summarized, Prime Intellect “trained a 32B parameter language model using fully asynchronous RL across a decentralized network of compute contributors,” proving that large-scale AI “can be built in a fully decentralized, permissionless way – cutting costs, widening access, and matching the performance of conventional clustered training.” infoq.com linkedin.com
Web3 and DApp Platforms: June–July 2025 News Report

Web3 and DApp Platforms: June–July 2025 News Report

Following the May 2025 Pectra upgrade, Ethereum’s PoS chain showed robust health. Staking surged to new heights: over 35 million ETH was locked as of mid-June cointelegraph.com, driven in part by renewed confidence after the upgrade. Analysts noted ~500K ETH was staked in the first half of June alone cointelegraph.com. Liquid staking protocols lead – Lido holds ~25% of staked ETH, Binance ~7.5%, Coinbase ~7.4% cointelegraph.com. The network’s roadmap continues with Layer-2 scaling and new improvements, though no major on-chain governance events occurred in June–July. Markets remained bullish: CoinDesk reports DOT’s recent rise partly reflects broader optimism for Ethereum and Polkadot ecosystems coindesk.com.
June–July 2025 Blockchain & DLT Developments: Major News, Trends, Regulation, and Adoption

June–July 2025 Blockchain & DLT Developments: Major News, Trends, Regulation, and Adoption

June and early July 2025 were exceptionally eventful for blockchain and distributed ledger technology. The period saw landmark corporate milestones, surging institutional interest, major regulatory moves, and growing real-world adoption across sectors. “June proved to be a powerhouse month for the crypto world,” with record investment inflows, a blockbuster stablecoin company IPO, new stablecoin launches, and key legislation, signaling that blockchain is increasingly mainstream ccn.com. Below is a detailed report of the notable news, industry forecasts, regulatory updates, innovations, expert commentary, and adoption trends during June and July 2025.
June 2025 Crypto Market & Blockchain Industry Report: Mid-Year Trends and Outlook

June 2025 Crypto Market & Blockchain Industry Report: Mid-Year Trends and Outlook

The first half of 2025 saw a robust crypto bull market, with major cryptocurrencies reaching or nearing all-time highs. Bitcoin broke the six-figure milestone and traded around the $100K–$110K range for much of June coindesk.com coindesk.com. It set a record high of ~$112,500 on May 22, 2025 before settling back to about $106,000 in late June investopedia.com. Ethereum, the second-largest crypto, climbed above $2,600 in June coindesk.com, reflecting a ~$294 billion market cap coindcx.com. Several altcoins significantly outperformed: for example, Solana rebounded to $145 per coin amid renewed ecosystem activity coindcx.com, and XRP surged above $2.17 – a +337% year-to-date gain following favorable developments in its long-running SEC case coindcx.com coindcx.com. Table 1 summarizes the price and market cap of select top crypto assets as of late June 2025:
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