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Stablecoins 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

Bitcoin spiked to $120,000 before dropping 2%, triggering over $500 million in liquidations across 176,000 positions. On July 18, President Trump signed the GENIUS Act, establishing the first U.S. federal stablecoin framework. CoinShares secured Europe’s first MiCA license from France’s AMF. Binance reported spot volumes above $25 billion during the rally with no major outages.

Stock Market Today

  • Intel Shares Pull Back from $700 Billion Market Cap Amid Chip Sector Selloff
    June 28, 2026, 11:18 AM EDT. Intel (NASDAQ:INTC) shares fell 3.42% to $128.32 on Friday, retreating from a 52-week high of $141.45 and slipping below a $700 billion market capitalization target, closing at around $645 billion. The selloff in semiconductor stocks, including a 5.3% drop in the PHLX Semiconductor Index, reflects investor concerns over AI spending and profit margins. Intel traded approximately 587 million shares during the week, outpacing its short interest, indicating broader selling pressure rather than a short squeeze. Despite setbacks, Intel expects revenue growth in its foundry, packaging, and data center segments, guiding Q2 revenue between $13.8 billion and $14.8 billion. The company's financial performance and margin progress will be closely watched amid ongoing sector volatility.

Latest articles

Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

Intel (NASDAQ:INTC) edges lower, pulling back from $700 billion mark

28 June 2026
Intel shares plunged 9.3% from Monday’s 52-week high, erasing $66 billion in market value and falling back below the $700 billion threshold as chip stocks tumbled on AI spending worries, with trading volume far outpacing short interest and sector profitability questions intensifying.
Ondas (NASDAQ:ONDS) drops 15% in volatile week after resale filing

Ondas (NASDAQ:ONDS) drops 15% in volatile week after resale filing

28 June 2026
Ondas Inc. (NASDAQ:ONDS) plunged 15.5% last week to $7.83 despite joining the Russell 3000 Index and announcing $40M+ in new defense orders; a June 26 filing registered 3.38M acquisition shares for resale, equal to 0.64% of shares, setting up a key test of real demand versus supply as index-driven volume fades ahead of the July 3 market holiday.
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