Morning Bulletin - 16.07.2025

Cantor Fitzgerald, headed by U.S. Secretary of Commerce Howard Lutnick, is in talks with Blockstream to buy more than $4 billion worth of Bitcoin.

Republicans in the House of Representatives failed to secure enough support in a procedural vote needed to advance two crypto bills and a defense spending bill. The House plans to reintroduce the voting rule on crypto bills, Fox reported.

At the time of writing, Bitcoin (BTC) is trading at $118,551 and Ethereum (ETH) is trading at $3,148.

The fear and greed index is at the greed level with “68”.

Important developments during the day:

Arbitrum (ARB): The unlocking of 92.65 million tokens, corresponding to 1.91% of the amount in circulation, will take place.

THORChain (RUNE): V3.8 update will be activated on the main network.

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