Trump Says Lawmakers Will Vote in Favor of GENIUS Act Tomorrow Morning

XRP's open interest—basically, how much money is tied up in active bets on its price—has skyrocketed in July, jumping over 50% and nearing record highs last seen in January. Meanwhile, the cryptocurrency itself is flirting with the $3 mark, raising questions about whether it can finally push past that psychological barrier and stay there.

Editor’s Note: When open interest surges like this, it usually means traders are getting hyped—big moves could be coming. If XRP breaks and holds above $3, it could signal a major rally, which is why crypto watchers are glued to the charts. But remember: high interest can also mean volatility, so buckle up.

PayPal is stepping up its crypto game by adding support for its PYUSD stablecoin on Arbitrum, a popular Ethereum scaling network. This move—which follows existing support for Ethereum and Solana—could make PYUSD more useful and widely adopted, giving PayPal a stronger foothold in the fast-evolving world of digital currencies.

Editor’s Note: Stablecoins are already a big deal in crypto, but PayPal’s push into networks like Arbitrum signals that even traditional finance giants are serious about making digital payments faster and cheaper. For everyday users, this could mean smoother transactions; for crypto watchers, it’s another sign that big players are betting on blockchain’s future.

Swedish e-commerce firm Refine Group is jumping into the crypto game, setting aside $1 million to start buying Bitcoin as part of its corporate treasury strategy. This isn’t just a side experiment—it’s becoming one of their three core business areas, signaling a serious bet on digital assets.

Editor’s Note: Another mainstream company is putting skin in the crypto game, which adds legitimacy to Bitcoin as a treasury asset. For investors and crypto watchers, it’s a sign that businesses—even outside pure tech—are starting to see long-term value in holding digital currencies, not just trading them.

The price of Sosovalue (SOSO) has been stuck in a narrow band between $0.45 and $0.60 for months, barely budging since April. But now, with Kraken—a major crypto exchange—set to list the token, traders are watching closely to see if this could finally jolt SOSO out of its sleepy range and spark a big move.

Editor’s Note: For crypto investors, range-bound assets can be frustrating—no big gains, no big losses, just sideways action. A Kraken listing could bring fresh attention and liquidity to SOSO, potentially shaking things up. If you're holding or eyeing this token, this could be the catalyst that breaks the stalemate. But as always in crypto, nothing's guaranteed—just a chance for something interesting to happen.

Even though Bitcoin prices were climbing, the actual trading volume of cryptocurrencies on exchanges took a nosedive—dropping 22% last quarter. The real action shifted to Bitcoin ETFs, where big players like BlackRock saw a massive 370% jump in investments.

Editor’s Note: This tells us that while Bitcoin’s price was rallying, everyday traders weren’t the ones driving it—instead, institutional money flowing into ETFs might be propping up the market. It’s a sign that crypto’s landscape is changing, with Wall Street-style products gaining ground over traditional spot trading.