July 21, 2025

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July 30, 2025 by Eve wealth

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3 min read

đŸ‡ș🇾 Trump Signs ‘Genius Act’ Into Law The president officially signed the GENIUS Stablecoin Act into law this week, creating a much-needed legal framework for dollar-backed digital assets. The bill establishes clear guidelines around issuance, reserves, and interoperability, marking the first major federal stablecoin legislation in the U.S. With Circle, Stripe, and even banks watching closely, this law could be the backbone of the digital dollar economy. 

📜 U.S. House Passes the Clarity for Payment Stablecoins Act The House also passed the Clarity Act, which reinforces state-level oversight for stablecoin issuers and limits the Fed’s role, effectively giving green light to fintech-led innovation. The Senate still needs to sign off, but the momentum is strong. Policy is finally catching up to product and we are excited to see what this will mean for fintechs and broader adoption of digital assets. 

🚀 Ethereum Breaks $3,800 Well, what a pleasant surprise after what felt like an endless bear season for Ethereum. Last week ETH broke past the $3,800 mark for the first time in months, driven by whale accumulation and strong capital inflows from ETFs and institutional desks. While Bitcoin holds steady above $115K, Ethereum is playing catch-up, and sentiment seems to be finally shifting. 

📈 ETH ETFs See Record $2.18B Weekly Inflow While we are on ETH - Ether-based ETFs posted their largest weekly inflow to date, $2.18 billion, fueled by both U.S. and international demand. It's the kind of number that forces institutions to pay attention, especially as ETH transitions from a bit of an underdog to macro-credible asset. Ethereum ETFs have not enjoyed the same level of optimism as their Bitcoin cousins since launch, so this is a much-needed green candle.

đŸ“„ Q2 Crypto Treasury: Bitcoin Dominates But let’s get back to Bitcoin. According to Blockworks Research, BTC was the only major crypto to post treasury growth in H1 2025. ETH lagged slightly, and altcoins like ADA, AVAX, and DOGE all saw negative capital rotation. The flight to quality is still very real. 

🏩 Strategy Resumes Bitcoin Buys, Now Holds $7.2B in BTC You can’t mention Bitcoin without mentioning Strategy these days. After a pause during Q2 volatility, Strategy (formerly MicroStrategy) is back on the BTC train (or more like driving the train), adding hundreds of millions to its position, now worth $7.2 billion. It's the ultimate long-duration bet on Bitcoin, and as always, Michael Saylor is tripling down on his conviction. 

🧠 Coinbase’s Full ‘Everything App’ With Wallet, Social + AI Talk about everything all at once. Coinbase just rolled out a new suite of features to make its wallet feel like your crypto command center. New social tools, AI agents, and app integrations are part of its move to become crypto’s “everything app”, think PayPal meets Twitter meets ChatGPT, with a Web3 wallet at the core. Let’s see how far ahead of its competition this lands Coinbase.

đŸ’„ Ethena’s ENA Token Soars 43% as Demand Surges And finally, Ethena is having a major moment. We won’t judge you if you haven’t heard of Ethena, but take note of the name. Behind the scenes, it’s the biggest contender to bring DeFi into the TradFi world, offering a synthetic dollar (USDe) and on-chain yield that doesn’t rely on traditional banking rails. Their native ENA token rallied over 43% this week. The surge follows protocol upgrades, liquidity mining programs, and bullish sentiment around DeFi yield alternatives. 

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