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coinpedia 2025-07-04 05:41:01

Crypto News Today: Latest Updates on July 4, 2025

The post Crypto News Today: Latest Updates on July 4, 2025 appeared first on Coinpedia Fintech News July 4, 2025 06:17:54 UTC Ondo Finance and Pantera Capital Launch $250M RWA Investment Initiative Tokenization platform Ondo Finance and crypto investment giant Pantera Capital are teaming up to invest $250 million into real-world asset projects through a new initiative called Ondo Catalyst. The goal is to support tools and platforms that help bring real-world assets like bonds or real estate onto the blockchain. The fund will make both equity and token investments. “The financial system is getting a major upgrade,” said Nathan Allman, CEO of Ondo. July 4, 2025 06:17:54 UTC Polymarket Faces Heat Over $58M Zelenskyy Suit Bet Dispute Polymarket is facing heavy criticism over a controversial $58 million prediction market asking if Ukrainian President Volodymyr Zelenskyy wore a suit before July. Despite major news outlets calling his June 24 NATO outfit a suit, the UMA protocol overturned the “Yes” vote twice. A final ruling is expected by July 4 at 2:09 AM ET. The controversy raises concerns over market integrity as Polymarket reportedly nears a $200M funding round. July 4, 2025 06:06:27 UTC U.S. Debt Crisis? 93% Odds It Surpasses $38 Trillion in 2025 According to leading crypto prediction platform Polymarket, there is now a 93% chance that the U.S. national debt will exceed $38 trillion by 2025. With the current debt already nearing $35 trillion, this staggering projection underscores growing concerns about unchecked government spending, rising interest payments, and a lack of fiscal discipline. Traders are betting on this outcome, warning it could shake markets, weaken the U.S. dollar, and push investors toward Bitcoin and crypto as safer alternatives. July 4, 2025 05:51:00 UTC When Will Trump Sign The Big Beautiful Bill? President Trump will officially sign the “Big Beautiful Bill” on July 4th at 4 p.m. EST during a White House celebration. The bill narrowly passed the House with a 218-214 vote, as all Democrats voted against it. On Truth Social, Trump invited all members of Congress to attend the signing ceremony, calling it a celebration of “our Nation’s Independence and the beginning of our new Golden Age.” He promised the bill would make Americans “richer, safer, and prouder than ever before.” July 4, 2025 05:41:25 UTC Trump’s ‘Big Beautiful Bill’ Passes House; Trump’s Remark Sparks Outrage President Donald Trump celebrated in Iowa on Thursday night after his “Big, Beautiful Bill” passed the House. The bill, focused on boosting defense and border funding while cutting welfare programs, narrowly passed with a 218-214 vote. It faced intense GOP debate and last-minute negotiations. During a speech in Des Moines, President Donald Trump said that he “hates” Democrats for opposing his newly passed “Big, Beautiful Bill.” His remarks have drawn strong criticism online, with many calling them divisive and unpresidential. July 4, 2025 05:40:27 UTC U.S. Lawmakers Launch Crypto Week to Advance Key Crypto Bills U.S. Congress is set to launch “Crypto Week” on July 14, aiming to fast-track critical blockchain and digital asset legislation. Led by House Financial Services Chair French Hill and Agriculture Chair GT Thompson, the initiative will focus on passing three major crypto bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. This coordinated push is part of the U.S. government’s strategy to position the U.S. as a global leader in blockchain innovation.

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