KLEA Crypto Daily: Friday, July 25, 2025

Published: July 26, 2025 – 00:03 UTC

Here’s a look back at the key stories from July 25, 2025.

U.S. Weighs Charges Against Dragonfly Over Tornado Cash Investment

The U.S. government is considering charging venture firm Dragonfly for its early investment in the developers behind Tornado Cash, a crypto mixer at the center of a legal battle. Dragonfly co-founder confirmed the possibility of charges during the ongoing criminal trial of Tornado Cash co-founder Roman Storm.

Galaxy Digital Sells $9B in Vintage Bitcoin Without Rocking the Market

Galaxy Digital announced the completion of one of the largest bitcoin transactions, selling over 80,000 bitcoins without causing significant market disruption. The sale was linked to an early bitcoin holder and executed by Galaxy Digital, a firm specializing in digital assets.

S&P 500 Closes Up 0.4%, Nasdaq Gains 0.3%

The S&P 500 closed up by 0.4%, while the Nasdaq gained 0.3%, indicating positive movements in the stock market.

Bitcoin’s Four-Year Cycle Loses Grip as Maturing Market Reshapes Dynamics

Bitcoin's traditional four-year cycle, once a key predictor of price movements, is diminishing in influence due to the maturing crypto market and increased institutional participation, according to Bitwise CIO Matt Hougan. Factors like Bitcoin halvings and macroeconomic conditions are no longer driving forces as regulatory clarity and institutional oversight reduce market volatility.

Ethereum Surges 52% In July, But Is The Rally Over Now?

Ethereum has experienced a significant 52% surge in the past month, but analysts anticipate a potential short-term correction before the next upward movement. Despite the recent rally, there are expectations for a possible dip below $3,500 before a continuation of the price increase, with $3,000 identified as a critical support level.

Galaxy Digital moves $3.4bn in Bitcoin to exchanges as crypto markets cool

Galaxy Digital, a major crypto firm, transferred a significant amount of Bitcoin to exchanges amidst a cooling crypto market. The move, totaling $4 billion, comes after a bullish week and could indicate various strategic decisions by the company.

Sonic deposits drop 15% after ‘worst’ airdrop leaves users frustrated and angry

Sonic, a layer 1 blockchain, faced backlash from users after an airdrop resulted in complaints of ineligibility and frustration. This led to over $85 million in deposits being dumped, highlighting challenges in airdrop farming practices.

Senator Lummis says US is ‘waking up’ on crypto after historic legislative week

Senator Lummis expresses optimism for crypto innovation in the US following the passage of key digital asset bills, assuring developers that "help is on the way" and urging them to remain hopeful.

Meme Coin LILPEPE Surpasses $12 Million in Presale as Stage 8 Gains Strong Momentum

The Ethereum-based meme token, Little Pepe ($LILPEPE), has raised over $12 million in its presale, distributing more than 8.5 billion tokens and drawing significant interest as it progresses through fundraising stages.

Bitcoin Slips Below $117,000 On Whale Selling

The cryptocurrency market experiences a modest pullback as Bitcoin breaks below $117,000 due to increased whale selloffs, while Ethereum and XRP remain stable.

Windtree Secures Over $500M Equity Line of Credit

Windtree secures a significant equity line of credit exceeding $500 million to build BNB treasury and selects Kraken for custody services, marking a substantial financial milestone.

Ethereum ETFs Celebrate First Year with 11-week ‘God Candle’ Streak Topping $6.4B

Ethereum ETFs mark their first year with a remarkable streak of 11 weeks of investments, accumulating over $6.4 billion. Ether products have outpaced Bitcoin counterparts in net investments for six consecutive trading days, with significant inflows into Fidelity’s Ether fund.

Crypto Startups Raise $92M as Venture Capitalists Bet on AI Plays

Seven crypto startups secure a total of $92 million in funding this week, with a focus on artificial intelligence projects at the intersection of crypto. AI-focused projects received over 60% of this week's funding rounds, indicating a strong interest in the potential of AI in the crypto space.

Hulk Hogan and Ozzy Memecoins Soar

Tributes pour in as wrestling icon Hulk Hogan and musician Ozzy Osbourne pass away. Memecoins inspired by these legends experience significant gains following their deaths.

Source: KLEA News