Xlm Xrp Crypto Digest Stellar Eyes Surge as Trump Embraces Crypto Regulation
(Xlm Xrp Crypto Digest) XLM mimics XRP’s rally, Trump signs GENIUS Act, and crypto whales move billions. Weekly insights on top gainers, losers, and regulation trends.
Top Stories of the Week (Xlm Xrp Crypto Digest)
Trump Signs Historic Stablecoin Law With Crypto Leaders Present
In a landmark move, U.S. President Donald Trump officially enacted the GENIUS Act—Guiding and Establishing National Innovation for US Stablecoins—marking his administration’s first major crypto legislation. The bill passed following heated congressional debates.
The signing event gathered top crypto industry players, including Kraken’s David Ripley, Gemini’s Winklevoss twins, Coinbase CEO Brian Armstrong, Circle CEO Jeremy Allaire, Tether’s Paolo Ardoino, and Robinhood’s Vladimir Tenev. This legislation sets a regulatory framework for stablecoins, potentially unlocking mainstream adoption.
Gen Z Dominates Daily Crypto Use; Gen X Leads Big Spending
A recent Bitget Wallet survey of 4,599 users reveals Gen Z is powering daily crypto use, especially for games (39%) and routine spending (36%). In contrast, Gen X is leading when it comes to high-value crypto payments, such as real estate, travel, and digital products, accounting for 40% of such activity.
This trend suggests that crypto is rapidly evolving into a utility-based economy, rather than being limited to speculative investment.
Dave Portnoy Regrets Dumping XRP Before Price Spike
Barstool Sports founder Dave Portnoy expressed deep regret over selling off his XRP holdings just before the token surged 19.61% to $3.60, hitting a new yearly high. Portnoy had exited the market when XRP reached $2.40, influenced by concerns that Circle might rival Ripple.
“I would’ve made millions, and I want to cry,” he stated, lamenting the missed opportunity after branding himself a former leader of the “XRP army.”
- Fig 1.1: source: cointelegraph.com
Legendary Bitcoin Whale Moves $9.6B to Galaxy Digital
A dormant Bitcoin whale, active since the Satoshi era, transferred their entire stash of 80,201 BTC (valued at $9.6 billion) to Galaxy Digital in two massive tranches this week.
Blockchain watchers noticed the first 40,009 BTC transfer earlier in the week, followed by a second 40,192 BTC. In the meantime, at least 6,000 BTC were moved to exchanges Binance and Bybit, fueling speculation of potential sell-offs.
Trump Considers Crypto in 401(k) Retirement Plans
According to the Financial Times, President Trump may soon issue an executive order enabling Americans to diversify their 401(k) portfolios with cryptocurrencies. This could include digital assets, metals, infrastructure funds, and private equity.
Regulatory bodies will be tasked with mapping out how to implement this shift and address any barriers. If executed, the move could flood the market with institutional capital.
Winners and Losers of the Week
Top Altcoin Gainers:
Top Altcoin Losers:
Fig 1.2: Source: cointelegraph.com
Most Notable Quotes
“The GENIUS Act and Trump’s crypto focus could unlock trillions in institutional investments.” — Nassar Al Achkar, CoinW
“I would’ve made millions, and I want to cry.” — Dave Portnoy, Barstool Sports
“ETH under ETF turns into an institutional-grade yield tool.” — Eric Jackson, EMJ Capital
“Retail investors are largely absent even as Bitcoin hits ATH.” — André Dragosch, Bitwise
“Bitcoin’s intermediate target sits around $135,000.” — Katie Stockton, Fairlead Strategies
Prediction of the Week
XLM Charts Bullish Pattern; 35% Rally Expected
Stellar (XLM) is tracing an ascending triangle pattern, often indicative of a bullish breakout. Resistance at $0.52 has been retested multiple times, while rising lows show buying pressure.
Should XLM close above $0.52, analysts expect a breakout toward $0.63, reflecting a 35% jump. This mirrors XRP’s recent performance, suggesting a broader altcoin rally may be underway.
- Fig 1.3 Source : cointelegraph.com
FUD of the Week
UK Crime Officer Imprisoned for Bitcoin Theft
Paul Chowles, a former UK National Crime Agency officer, has been sentenced to 5.5 years in prison for stealing 50 BTC (worth $5.9M) from a Silk Road 2.0 investigation.
He pleaded guilty to charges of theft and laundering, exposing serious misconduct in digital asset enforcement.
Strategy Faces Mounting Legal Heat Over Bitcoin Bets
MicroStrategy—now rebranded as Strategy—faces multiple securities fraud lawsuits. Plaintiffs claim the firm exaggerated the profitability of its massive Bitcoin purchases and underestimated volatility risks.
As of July, seven legal actions are underway. Experts suggest the suits could take years to resolve, if at all.
IMF: El Salvador Halts Bitcoin Purchases Under Loan Deal
A new IMF report confirms El Salvador hasn’t acquired more Bitcoin since its 2024 loan agreement. The Chivo wallet’s holdings remain unchanged, despite appearance discrepancies.
The government vows to minimize fiscal risks and reduce the public sector’s involvement in the Bitcoin initiative, signaling a shift in strategy.
- Fig 1.4: source: cointelegraph.com
Magazine Highlights
Willy Woo Sells Majority of Bitcoin Holdings On-chain analyst Willy Woo has offloaded most of his BTC, saying he’s now chasing higher returns elsewhere. He claims 1,000x opportunities lie beyond Bitcoin.
AI Spotlight: Waifus, Warbots, and Wild Experiments AI took a bizarre turn this week—from Ukraine deploying “slaughterbot” drones to a Hitler-meets-waifu digital character causing online uproar. Grok’s anime companion Ani also sparked polarizing reactions.
$1.8B Chinese Crypto Scam Ringleader Taunts Victims A $1.8 billion scam involving the fraudulent DGCX exchange has left thousands defrauded in China. Meanwhile, a Japanese village offers NFTs for digital citizenship in a unique blend of culture and blockchain.