Tech News
LAST UPDATE: July 12, 2025
Bitcoin’s new record lifts industry stocks ahead of ‘Crypto Week’ in Washington
Bitcoin hit a new record high (~$118,071), fueling a rally in U.S.-listed crypto stocks ahead of “Crypto Week” in Washington, where three key crypto regulatory bills will be debated in the House.
Insight
Rising prices signal renewed institutional optimism tied to regulatory engagement; outcome of upcoming legislation may significantly influence investor sentiment.
France probes X over algorithm enabling ‘foreign interference’: prosecutor
Paris prosecutors launched a probe into X (formerly Twitter) over allegations that its algorithm enables foreign interference and unauthorized data access, following complaints by public officials.
Insight
This patrols the intersection of tech, democracy, and rule of law, signaling heightened regulatory vigilance over platform governance and algorithmic transparency.
