CRYPTO BILLS STUCK, ETH LEADS MAJORS, PUMP STARTS BUYBACKS
2025-07-17 10:14:16
Main Idea
The article discusses recent developments in the cryptocurrency market, including price movements, regulatory actions, and significant investments.
Key Points
1. ETH and DOGE lead major cryptocurrencies higher, with ETH ETF inflows surpassing BTC inflows.
2. The House failed to advance crypto bills, with a next vote scheduled and 11 representatives expected to change their stance.
3. DeFi leaders opposed parts of the proposed crypto bill.
4. Cantor is nearing a $4 billion SPAC deal to acquire BTC, and Deutsche Bank notes BTC is entering a more sustainable stage.
5. Notable market movements include COIN stock hitting an all-time high and Thiel taking a 9% stake in an ETH treasury company.
Description
ETH, DOGE lead crypto majors higher. ETH ETF inflows now 50-90% BTC inflows. BTC inflows to exchanges hit $9.4bn after CPI. House fails to advance crypto bills, next vote today. 11 reps who voted against crypto acts will flip: Trump. DeFi leaders opposed part of crypto bill. Cantor nears $4b SPAC deal to acquire BTC. BTC entering more sustainable stage: DB. Sharplink hits $30, on increasing ETH holdings. COIN stock hits ATH, passes $100b market cap. Thiel takes 9% stake in ETH treasury company B...
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