- July 18, 2025
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, a $9.6 billion Bitcoin transfer from a Satoshi-era whale has sparked concerns about an incoming price correction driven by the GENIUS Act. The total crypto market cap is nearing $4 trillion. Meanwhile, US lawmakers advanced three major crypto bills.
A Satoshi-era whale awakened after 14 years of dormancy and moved $9.6 billion worth of Bitcoin (BTC), which he received in April and May of 2011. The massive transfer and the stablecoin audit requirements imposed by the GENIUS Act are sparking correction concerns among some industry watchers.
The whale may have opted to sell due to concerns related to the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, as the “US government moves to enforce audit requirements on stablecoins,” according to Jacob King, financial analyst and the CEO of WhaleWire.
