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Politics

David Gergen, trusted White House advisor to 4 US presidents across decades, dies at 83

July 11, 2025
Politics

Who is Ashley Williams, the longtime Biden aide grilled by House GOP investigators Friday?

July 11, 2025
Politics

Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with Biden witnesses during House probe

July 11, 2025
Investing

DoD Invests US$400 Million in Rare Earth Firm MP Materials

July 11, 2025
Investing

Crypto Market Recap: Bitcoin Hits All-Time High as ETF Inflows and Legislation Align​

July 11, 2025
Politics

State Department to axe 1,800 employees

July 11, 2025

World

Critics slam Mexico’s gentrification protests as xenophobic. Activists say they’re fighting for their human rights

July 10, 2025
by July 10, 2025

EU’s von der Leyen survives parliament confidence vote brought by far-right

July 10, 2025
by July 10, 2025

A piece of the illegally felled Sycamore Gap tree is going on display – and you can hug it

July 10, 2025
by July 10, 2025

Universities threatened with funding cuts under proposed plan to tackle antisemitism in Australia

July 10, 2025
by July 10, 2025

At least four killed and many ‘kidnapped’ in second Houthi attack in a week on Red Sea cargo ship

July 10, 2025
by July 10, 2025

Politics

David Gergen, trusted White House advisor to 4 US presidents across decades, dies at 83

July 11, 2025
by July 11, 2025

Who is Ashley Williams, the longtime Biden aide grilled by House GOP investigators Friday?

July 11, 2025
by July 11, 2025

Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with Biden witnesses during House probe

July 11, 2025
by July 11, 2025

State Department to axe 1,800 employees

July 11, 2025
by July 11, 2025

JONATHAN TURLEY: Justice Jackson plays pundit to dismay of SCOTUS colleagues

July 11, 2025
by July 11, 2025

Business

Trump’s tariffs on Brazil could make your coffee even more expensive

July 11, 2025
by July 11, 2025

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

July 10, 2025
by July 10, 2025

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

July 10, 2025
by July 10, 2025

Sports executive charged with bid-rigging in Texas arena project

July 10, 2025
by July 10, 2025

OpenAI to release web browser in challenge to Google Chrome

July 10, 2025
by July 10, 2025
Crypto Market Recap: Bitcoin Hits All-Time High as ETF Inflows and Legislation Align​
Investing

Crypto Market Recap: Bitcoin Hits All-Time High as ETF Inflows and Legislation Align​

by July 11, 2025

Here’s a quick recap of the crypto landscape for Friday (July 11) as of 9:00 a.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) is priced at US$118,008 a 6.3 percent increase in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$110,768 and a high of US$118,667.

Bitcoin price performance, July 11, 2025.

Chart via TradingView

Ethereum (ETH) is priced at US$3,003.27, up by 7.4 percent over the past 24 hours. Its lowest valuation as of Friday was US$2,767.71, and its highest was US$3,027.12.

Altcoin price update

Solana (SOL) was priced at US$163.68, up by 5.3 percent over 24 hours. Its lowest valuation as of Friday was US$156.41, and its highest was US$166.09.

XRP was trading for US$2.59, up 10 percent in the past 24 hours. The cryptocurrency’s lowest valuation was US$2.43, and its highest was US$2.69.

Sui (SUI) is trading at US$3.50, up by 7.9 percent over the past 24 hours. Its lowest valuation was US$3.22 and its highest was US$3.54.

Cardano (ADA) is priced at US$0.7123, up by 18.4 percent in the last 24 hours. Its lowest valuation as of Friday was US$0.6233, and its highest was US$0.7521.

Today’s crypto news to know

Bitcoin hits US$118,000 as ETF inflows surge and US crypto legislation advances

Bitcoin shattered previous records by surging past US$118,000 this week, with bullish momentum sustained by large inflows into spot bitcoin ETFs and favorable policy signals from Washington.

The world’s largest cryptocurrency jumped over 7 percent Friday, closing in on US$119,000 as investors cheered bipartisan Senate passage of the GENIUS Act—a bill that would establish regulatory guardrails for stablecoins.

Market optimism is also supported by a softer US dollar and the Trump administration’s overt crypto friendliness.

The GENIUS Act would codify requirements for fiat-pegged stablecoins, offering investor protections while legitimizing the sector in the eyes of institutional capital. ETFs tracking Bitcoin have posted record volumes, drawing billions in net inflows.

Bitcoin is now up over 26 percent year-to-date, with total crypto market capitalization nearing US$3.5 trillion.

Analysts expect next week’s “crypto week” in Congress to further catalyze sentiment, as lawmakers debate multiple digital asset bills.

Trump-linked WLFI Token gets US$100M buy from anonymous entity

A little-known group called Aqua 1 Foundation became the largest public investor in Donald Trump’s World Liberty Financial (WLFI) crypto token, buying US$100 million worth of tokens in late June.

According to Reuters, though the foundation says it is based in the UAE, public records offered no clarity on the group’s financial backers or its supposed founder Dave Lee.

The token purchase directly benefits the Trump family, which reportedly receives 75 percent of all WLFI proceeds; the family’s estimated crypto earnings have now topped US$500 million.

While Aqua 1 said in a brief statement it was backed by ‘mission-aligned partners,’ it declined to offer transparency on its structure, citing privacy. US ethics experts have raised concerns over potential conflicts of interest, despite the White House stating Trump’s assets are in a trust managed by his children.

World Liberty and Trump Media did not respond to press inquiries.

EU regulator warns crypto firms over misleading investors

The European Securities and Markets Authority (ESMA) warned crypto platforms against blurring the distinction between regulated and unregulated products under MiCA, the EU’s new crypto framework.

ESMA said that many crypto firms are offering both compliant and non-compliant services on the same platform, creating investor confusion and undermining MiCA’s consumer protections.

Under MiCA, only firms licensed as crypto asset service providers (CASPs) are allowed to market specific financial products across the EU.

However, direct investments in commodities or crypto lending still fall outside the scope of those protections. ESMA also criticized some firms for using their regulated status as a marketing tactic to legitimize riskier services.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
July 11, 2025
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