Crypto Industry News & Market Trends

'Take on Crypto': Socialist Sanders Rallies Against Tech Billionaires

Independent Sen. Bernie Sanders has renewed his criticism of the cryptocurrency industry.　　During his appearance at a campaign event in Minneapolis supporting Minnesota Lt. Gov. Peggy Flanaganâ€™s Senate bid, Sanders said they would challenge powerful industries.　　â€œTogether, we are going to take on crypto, the AI industry, AIPAC and other billionaire super PACs and send Peggy to the United States Senate,â€ Sanders wrote on X.　　Crypto rewards platform　　Sandersâ€™s long-running criticism of crypto　　Sanders, the most prominent Democratic socialist in the US, has generally taken a negative view of cryptocurrencies.　　During debates over crypto legislation in Congress, Sanders has warned that digital assets would benefit wealthy insiders while creating risks for ordinary investors.　　In 2025, he criticized the Republican-backed stablecoin-focused GENIUS Act, which passed last year.　　Sandersâ€™ comments echo recent statements from fellow progressive Democrat Elizabeth Warren, the leader of the so-called “anti-crypto army” in Congress. In her recent social media post, she also criticized the role of cryptocurrency money in politics.　　Warren has argued that “dark money groups” were spending millions to influence elections while listing crypto and AI among the major sources of outside political spending.　　Crypto rewards platform　　The influential progressive politician has repeatedly taken aim at the cryptocurrency industryâ€™s lobbying power. She has criticized what she calls

07-21Industry

Ripple veteran regrets selling XRP at $0.10 and Ethereum near $1

Ripple CTO Emeritus David Schwartz has admitted that he regrets selling some of his early XRP and Ethereum holdings, while explaining that risk management drove the decisions rather than a loss of confidence in cryptocurrency.　　SummaryDavid Schwartz says risk aversion drove early XRP and Ethereum sales despite later price gains.Schwartz followed a family agreement to sell at new highs, reducing long-term crypto exposure substantially.The XRP Ledger co-creator once held about 26 million XRP before steadily cutting holdings down.　　Schwartz addressed the sales in a July 20 post on X after another user raised his history of selling XRP at $0.10 and Ethereum near $1. “Obviously, I wish I hadnt done those things,” he said.　　However, he added that he had agreed with his wife to reduce exposure whenever his holdings reached new highs because he strongly disliked financial risk.　　Obviously, I wish I hadnt done those things. But I agreed with my wife to sell at every new ATH and I really, really hate risk. I wish I was more comfortable with risk, but Im just not that person.　　You might also like:　　London Stock Exchange eyes overnight trading as crypto runs 24/7　　Risk aversion drove Schwartzs early crypto sales　　Schwartz has discussed his early exits several times

07-21Industry

Russia Passes Landmark Crypto Law For Sanctioned Trade

Russias State Duma passed a law on Tuesday that regulates the circulation of crypto and digital rights for the first time, a framework that sets rules for crypto exchanges, digital depositories, and investors while it opens a state-supervised channel for cross-border trade.　　Lawmakers cleared bill No. 1194918-8, “On Digital Currency and Digital Rights,” in its second and third readings, the final stage in the chamber, according to semi-official Russian news agency Tass.　　The measure heads to the Federation Council and to President Vladimir Putin for a signature, a process expected to take two more weeks before the law takes effect. It caps a sweeping regulatory push that has moved through parliament across the year.　　Legalization or taxation？　　The law does not turn bitcoin into money a Russian can spend at the store. The ruble stays the sole lawful currency for goods and services inside Russia, the ban on crypto payments holds, and a bar on advertising that promotes such use holds with it.　　What the law does is grant crypto a legal identity and a set of gates. It recognizes digital assets as property, licenses the firms that handle them, lets investors buy within set limits, and clears crypto for use in foreign trade.　　In plain

07-21Industry

The Spice Girls Almost Return To No. 1 With The Groups Signature Hit

“Wannabe” turned the Spice Girls into superstars nearly overnight, and 30 years after its release, the tune returns to multiple charts and almost hits No. 1. LONDON – DECEMBER 18: *** EXCLUSIVE ACCESS *** (L to R) Melanie Chisholm, Emma Bunton, Melanie Brown, Victoria Beckham and Geri Halliwell of the Spice Girls perform on stage during The Return of Spice Girls World Tour at the O2 Arena on December 18, 2007 in London, England. (Photo by MJ Kim/Spice Girls LLP via Getty Images)　　Spice Girls LLP via Getty Images　　The Spice Girls only recorded and released new music as a quintet for a few years. As is the case with so many stars in the music world, the group burned incredibly bright, but only for a very short period of time.　　The outfit debuted on the Official Singles chart in the United Kingdom in 1996 with “Wannabe,” its breakout smash and one of the biggest girl group hits of all time. Between then and the Spice Girls hiatus in 2000, the act released 10 singles, and nine reached No. 1. Only “Stop” missed out on ruling, and by just one space.　　Three decades after that historic run began, “Wannabe” becomes a top five bestseller

07-21Industry

Cardano (ADA) Rallies 7% to a $0.175 Local Peak

Cardano News　　Cardano (ADA) climbed roughly 7% on July 21, extending its monthly gain to about 9% and briefly touching a local peak near $0.175. The move made Cardano one of the days strongest large-cap altcoin performers, outrunning much of the broader market. Yet the rally carries a caveat: our reading of the positioning data suggests the advance is running ahead of underlying demand. The token has spent recent weeks range-bound, and this burst of momentum arrived without a matching pickup in on-chain usage. For now, ADA sits at a technical inflection point, with traders split on whether the pop marks a genuine breakout or a fleeting squeeze.　　The sharpest warning comes from how the largest accounts are positioned. On the top-trader long/short ratio — a gauge that compares whale and smart-money exposure against the wider crowd — the biggest traders sit near 0.93, meaning they hold more shorts than longs. Across all accounts, including retail, the reading jumps to about 2.08, heavily skewed long. That roughly 1.15-point gap is unusually wide. When professional desks and retail traders diverge this sharply, the move retail is chasing often stalls or reverses, and the crowded side gets squeezed. Right now, on-chain positioning data shows

07-21Industry

Tom Lee And Ethereum: Why Hes Bullish, Explained

Tom Lee, the Fundstrat co-founder and chairman of Bitmine Immersion Technologies (NYSE: BMNR), has become one of the most prominent and vocal bulls on Ethereum in the current cycle — search interest in tom lee ethereum has climbed as a result. Under his leadership, Bitmine has built one of the largest corporate ETH treasuries in the industry, and Lee has repeatedly made headlines with bold price targets and public commentary defending Ethereum even through its roughest stretches in 2026. This piece breaks down who Tom Lee is, why hes so bullish on Ethereum, and what his Bitmine strategy actually involves.　　Key TakeawaysTom Lee is the co-founder and head of research at Fundstrat Global Advisors, and chairman of Bitmine Immersion Technologies (NYSE: BMNR), a publicly traded company pursuing a large-scale Ethereum accumulation strategy.Under Lee‘s chairmanship, Bitmine has become one of the largest corporate holders of ETH, holding roughly 5.78 million ETH — about 4.8% of Ethereum’s circulating supply — worth roughly $11.5 billion in combined crypto, cash, and equity holdings as of July 19, 2026, closing in on its stated 5% target.Lee has made some of the boldest public Ethereum price targets in the industry, at various points suggesting ETH could reach

07-21Industry

The Most Important Packers: No. 8 — RT Zach Tom

Green Bay Packers guard Zach Tom (50) operates during the first half of an NFL game against the Atlanta Falcons.　　Copyright 2023 The Associated Press. All rights reserved.　　The Green Bay Packers were arguably the most disappointing team in football last year. And perhaps no one did less with more than Packers coach Matt LaFleur.　　Green Bay headed into the 2025 season with one of the NFLs top rosters, then traded for star defensive end Micah Parsons 10 days before the year began. Suddenly, Packer Nation was dreaming of their first Super Bowl appearance since 2010.　　Instead, Green Bay went a remarkably unsatisfying 9-8-1 overall and was the NFCs No. 7 seed for a third consecutive year. The Packers then blew a 21-3 halftime lead in the Wild Card round against Chicago, gave up 25 fourth quarter points and eventually suffered a shocking 31-27 loss to the arch-rival Bears.　　“No way you should lose games in this league when youre up that much,” running back Josh Jacobs said.　　Green Bay, which began the year 9-3-1, finished the season with five straight losses. The Packers now enter 2026 with the leagues fourth-longest losing streak.　　Collapsing late in games was the story of Green Bays 2025 campaign.　　Green Bay had

07-21Industry

Polymarket odds: Syrskyi out by Dec 31 at 88.75% on Zelensky reshuffle talk

Rongchai Wang　　Jul 21, 2026 08:20　　A report says Volodymyr Zelensky is weighing replacing Armed Forces chief Oleksandr Syrskyi with Maj. Gen. Mykhailo Drapaty, though sources disagree on timing and whether a final decision exists.　　Polymarket odds: Syrskyi out by Dec 31 at 88.75% on Zelensky reshuffle talk　　Polymarket Reprices “Syrskyi Out” Ladder After Zelensky Replacement Speculation Hits　　Polymarket traders are pricing a high chance that Oleksandr Syrskyi is out as Ukraine‘s Commander-in-Chief by year-end, with the December 31 rung at 88.75% on $273,927 matched. The catalyst is reporting that President Volodymyr Zelensky is weighing a replacement, and the lens here is how the ladder’s near-term vs year-end odds diverge.　　Key TakeawaysPrediction: Polymarket prices “Syrskyi out by Dec. 31, 2026” at 88.75% (No 11.25%), versus 65.5% (No 34.5%) for “out by Jul. 31, 2026.”Basis: After replacement speculation hit, the markets year-end removal probability stayed elevated but dipped 0.45pp to 88.75%, signaling less certainty on timing than on the eventual outcome.Timing: The contracts settlement window runs through the Dec. 31, 2026 resolution date; the last 24h and 7d both show +20.7pp with high volatility and a reversal flag.　　A report says President Volodymyr Zelensky is considering replacing Armed Forces Commander-in-Chief Oleksandr Syrskyi with Maj. Gen. Mykhailo Drapaty, citing

07-21Industry

Users Expose Exchanges: The Times We Got Sliced and Diced

No matter how large and secure an exchange is, it can still rip you off.　　Gate. io ：Price spikes so erratic it makes you question your life choices　　On June 4,2025, Gate. io launched the LA/USDT perpetual contract. Four minutes after the market opening, LA / USDT perpetual contract: within seconds, the price of LA skyrocketed from 0.36 USDT to 27 USDT, then plummeted to 0.2 USDT, while the price of LA on most other exchanges hovered around 1 USDT.　　As a result, a large number of users suffered liquidation, and some accounts even went into negative equity. One KOL stated that he incurred a loss of 20,000 USDT, while another user lost 100,000 USDT and ended up owing the platform an additional 120,000 USDT. Whats even more outrageous is that some users found their transaction orders had been altered — the amount of 4994 USDT was changed to 49.94 USDT.　　Gate. io responded as follows: The incident was caused by a combination of abnormal index source data and the automatic risk control mechanism, with no internal manipulation involved. It will only compensate for the cross-liquidation losses, and will not cover the losses from forced liquidation. Users are not satisfied with this explanation, but

07-21Industry

Crypto Whale Watch: Alerts That Are Shaping Local BTC Trends In July 2026

Whether it is millions in stablecoins shifting into exchange hot wallets or multi-year dormant wallets suddenly awakening, tracking crypto whale metrics provides Coinidol.com with crucial foresight into where institutional capital is moving.　　The Mega-Transfer Breakdown: Recent On-Chain Audit　　The recent data compiled from Arkham Intelligence and Glassnode highlights a notable cluster of high-value transactions that have reshaped order book liquidity.　　A long-dormant wallet that had been inactive since October 2018　　awakened to transfer 2,931 BTC (valued at roughly $188 million at $64,000 per BTC) across two unidentified addresses, as verified by Arkham Intelligence data. Additionally, Lookonchain　　flagged an 8-year-old wallet moving 5,908 BTC (~$382.7 million) to a fresh destination address.　　Offsetting some exchange-bound pressure, a bitcoin whale alert flagged a single $75 million withdrawal (1,172 BTC) from Coinbase directly into cold storage, demonstrating active spot absorption by institutional desks.　　Moreover, on-chain trackers recorded a 500 million USDT transfer from Binance hot wallets back to the Tether Treasury, signaling a tactical reduction in active stablecoin exchange liquidity.　　Who Is Behind the Movements？　　Analyzing address tags and cluster identities reveals two primary actors behind these multi-million-dollar transactions. The awakening of wallets silent for 7 to 8 years reflects long-term holders upgrading custody infrastructure, consolidating UTXOs (Unspent Transaction Outputs), or preparing over-the-counter

07-21Industry

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