Last week the cryptocurrency market witnessed several landmark events, including Bitcoin's achievements and successful sales of new tokens.
Bitcoin Sets New Records
Bitcoin reached a record price of $118,856 on July 11, 2025, and, according to the latest data, exceeded $119,000 by Sunday. In the coming days, significant legislation in Congress is anticipated, which could influence the prospects for further growth.
Pump.fun Raises $600 Million
The Pump.fun platform, launching meme coins on the Solana blockchain, raised approximately $600 million from retail investors in a record 12 minutes. The sale took place across multiple exchanges, including Bybit, Kraken, and KuCoin. Additionally, Pump.fun announced the acquisition of Kolscan, a wallet tracker.
Regulation and Changes in the Crypto World
Tether announced it will discontinue support for USDT on five blockchains as of September 1. Also, the GMX attacker has begun returning stolen funds, and Coinbase has partnered with Perplexity AI to enhance access to market data.
Recent events in the crypto world underline the dynamic development of the sector and the need for adaptation to changing regulatory conditions and innovations.
