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Sen. Steve Daines says regime change is the best long-term plan in Iran

July 7, 2025
Investing

FPX Nickel Receives Multi-Year Area-BasedPermit and Commences 2025 Drilling Activities at Baptiste Nickel Project

July 7, 2025
Politics

Biden aides pushed for early debate to show off Biden’s ‘strength,’ expose Trump’s ‘weakness,’ book says

July 7, 2025
Politics

US champions Lebanon’s response to Hezbollah disarmament, hints at Abraham Accords opportunity

July 7, 2025
Politics

Liberal critics question why architect of failed Biden foreign policy is advising ‘Project 2029’

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Investing

Bringing Art, Youth, and Football Together: Kobo’s Workshop in Kossou

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World

‘We have to keep growing:’ Mother of killed Israeli hostage in battle to have a grandchild with his harvested sperm

July 7, 2025
by July 7, 2025

Russian minister dies by suicide hours after getting fired by Putin, officials say

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Eruption of Indonesia’s Mount Lewotobi Laki Laki volcano sends ash 11 miles high

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Owners of pet lion arrested after it jumped a wall and attacked a woman and two children in Pakistan

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‘Mushroom murder’ trial: Jury finds Australian woman deliberately killed lunch guests with poisoned Beef Wellington

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Politics

Sen. Steve Daines says regime change is the best long-term plan in Iran

July 7, 2025
by July 7, 2025

Biden aides pushed for early debate to show off Biden’s ‘strength,’ expose Trump’s ‘weakness,’ book says

July 7, 2025
by July 7, 2025

US champions Lebanon’s response to Hezbollah disarmament, hints at Abraham Accords opportunity

July 7, 2025
by July 7, 2025

Liberal critics question why architect of failed Biden foreign policy is advising ‘Project 2029’

July 7, 2025
by July 7, 2025

Israel hammers Houthis with airstrikes, rebels respond amid Red Sea flare-up

July 7, 2025
by July 7, 2025

Business

Is a Chinese chain’s blood orange cold brew the future of coffee in America?

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by July 7, 2025

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

July 4, 2025
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Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

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Microsoft laying off about 9,000 employees in latest round of cuts

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Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

July 2, 2025
by July 2, 2025
Crypto Market Recap: SEC Crypto ETF Guidance Sets Stage for Wave of New Fund Approvals
Investing

Crypto Market Recap: SEC Crypto ETF Guidance Sets Stage for Wave of New Fund Approvals

by July 7, 2025

Here’s a quick recap of the crypto landscape for Monday (July 7) as of 9:00 am 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$108,960, trading flat in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$108,077 and a high of US$109,574.

Bitcoin price performance, July 7, 2025.

Chart via TradingView

Ethereum (ETH) is priced at US$2,581.84, up by 1.8 percent over the past 24 hours. Its lowest valuation as of Monday was US$2,513.50 and its highest was US$2,598.09.

Altcoin price update

Solana (SOL) was priced at US$152.49, up by three percent over 24 hours. Its highest valuation as of Monday was US$153.27, and its lowest was US$148.10.

XRP was trading for US$2.27, trading flat in the past 24 hours. The cryptocurrency’s lowest valuation was US$2.25 and its highest was US$2.29.

Sui (SUI) is trading at US$2.91, trading flat over the past 24 hours. Its lowest valuation was US$2.88 and its highest was US$2.96.

Cardano (ADA) is priced at US$0.5877, up by 1.2 percent in the last 24 hours. Its lowest valuation as of Monday was US$0.5776 and its highest was US$0.5922.

Today’s crypto news to know

SEC’s crypto ETF guidance signals mainstream shift

The US Securities and Exchange Commission took a major step toward regulating crypto exchange-traded products with its first formal guidance on crypto ETP disclosures, according to a Reuters analysis.

Issued last week, the 12-page document clarifies how issuers should describe risks and custody arrangements in “plain English,” which could speed up approval of dozens of new crypto ETFs tied to Solana, XRP, and even Trump’s meme coin.

The SEC is also developing a more standardized listing rule to replace the case-by-case exemptions that currently delay launches. That change could shrink approval timelines from 240 days to as little as 75.

Insiders expect the next round of SEC guidance, potentially out by autumn, to fully reshape how crypto funds come to market.

Musk’s America Party goes all-in on Bitcoin, calls fiat ‘hopeless’

Elon Musk confirmed that his newly formed America Party will officially embrace Bitcoin after declaring that “fiat is hopeless” in a post on X.

The move follows Musk’s earlier hints at increasing his own Bitcoin exposure and praising Bitcoin as a hedge against traditional currency.

Musk previously supported Donald Trump’s reelection campaign and even headed the Department of Government Efficiency before splitting with Trump over his budget bill, leading to the creation of the America Party.

The shift could inject more digital asset discussions into US politics as Musk tries to build a third-party movement.

Despite hype from Dogecoin supporters, no plans for DOGE adoption were announced.

Metaplanet boosts Bitcoin stash past 15,500 BTC in aggressive buying spree

Japan’s Metaplanet disclosed this week that it purchased another 2,205 BTC at an average price of 15.64 million yen per coin, spending around US$213 million.

This purchase brings the firm’s total bitcoin holdings to 15,555 BTC, making Metaplanet one of the world’s largest corporate holders of the asset.

The company tracks a proprietary metric called BTC Yield, measuring the effect of share dilution on per-share bitcoin value.

For the second quarter, Metaplanet reported a BTC Yield of 95.6 percent, down from 309.8 percent the previous quarter, but still strong enough to highlight aggressive growth.

Metaplanet’s total BTC investment now tops US$1.38 billion.

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 7, 2025
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