Cryptoding News & Updates

🚨 Crypto Card Spending Hits ATH Crypto card monthly spending has reached a new all time high of $759M. Crypto payments and real world usage continue to grow. 💳

🇮🇷Iran's currency has hit an all-time low $1 = 1,375,550 Iranian Rial $730 means you are a BILLIONAIRE in Iran

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🚨 Lummis Pushes Back on Bank Criticism • 🇺🇸 Sen. Cynthia Lummis criticized banks opposing the CLARITY Act’s stablecoin rules. • The bill bans interest like rewards and points on stablecoins. • It also prevents stablecoins from being marketed as bank deposits or FDIC insured products.

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🚨 XRP Hits 2 Year Weekly Low • XRP closed the week at just $1.029, its lowest weekly close in nearly 2 years. • Selling pressure remains intense as XRP struggles to reclaim key levels. • The big question: Is this a bottom or more downside ahead? 👀

PIPEDOG is starting to break out of its range. If it holds above the breakout area, we could see a bullish move from here. 👀 Let's see if the breakout holds.

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President Trump says he's "LOW-KEYING" it with Iran, choosing economic pressure over new military action, Axios reports.

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$SOL Breaks Out • SOL has broken out of the falling wedge. • If the breakout holds, more upside could follow.

🚨 Fed Rate Cut Odds Shift • Polymarket users now see a 63% chance that the Fed will leave rates unchanged. • Markets are increasingly pricing in no rate change at the next meeting.

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🚨 $60.4M Bitcoin Short Opened • A trader opened a $60.42 million BTC short position. • Liquidation price: $65,309 • With BTC near this level, the position is under serious pressure. 👀

Ethereum Holds $1,900 • ETH is still hovering around the $1,900 level. • ETF buying shows continued institutional demand. • If ETH holds above $1,900, a move above $2,000 could be next.

🚨 Block Adds More Bitcoin • Jack Dorsey’s Block added another 234 BTC, worth around $15.1M. • The company’s Bitcoin treasury now stands at 9,117 BTC.

🚨 CLARITY Act Faces Another Major Setback The US Senate failed to pass the Crypto CLARITY Act before the summer recess. This delay could keep crypto regulation uncertain and put some pressure on market sentiment. The bill will now have to wait until the Senate returns.