VESPR Brings UX Muscle to Bitcoin Ecosystem

PLUS: The House passed the Genius Act, Analyst calls for $140K Bitcoin by August, but ETF outflows and a 70% drop in active addresses raise short-term caution. Legal experts flag SEC delays as a potential crypto clampdown, while institutional demand shows signs of cooling.

Author

Michael Stinson
July 25, 2025

Happy Friday, Maestros!

Welcome to a new edition of the Bitcoin Renaissance!

This week, Analyst Simeon sees Bitcoin hitting $140K by August, but cooling network activity and $199M in ETF outflows point to near-term caution. Legal experts warn the SEC’s delay on new ETF approvals may signal a tightening U.S. regulatory stance. Institutional demand remains cautious, though long-term fundamentals stay strong. The Genius act passes the house. Read more below!

We’ve been really busy the last two week. Check out this X post for the full details and give us a follow!

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The U.S. House approved the “Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act” by a vote of 308–122, creating the first comprehensive federal framework for dollar-backed stablecoins. The bill includes strict reserve backing, state and federal oversight, and designated consumer protections. It now awaits President Trump’s signature.

Institutional demand dips as network activity cools. Network activity dipped alongside ETF outflows, signaling institutional caution and posing the risk of a near-term price reversal—even as long-term optimism remains intact

Legal experts warn the SEC’s delay on approving new crypto ETFs, despite having greenlit earlier ones, could indicate a broader regulatory clampdown.

After surging close to $122K, Bitcoin dropped amid profit-taking. Spot ETFs recorded $199M outflows, and active addresses declined by 70%, though underlying fundamentals remain strong.

Analyst Simeon predicts Bitcoin may surge to $140,000 next month amid growing bullish momentum. The outlook suggests continued upside that could make this summer a breakout season.

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💡Spotlight: VESPR Wallet

VESPR is a non-custodial mobile light wallet built for Cardano, designed with secure key handling, fast on-chain transactions, staking, token swaps, and dApp interaction. From the moment a user installs the app, keys are generated locally, encrypted on-device, and double-wrapped to ensure they remain under user control.

VESPR is actively expanding to support Bitcoin. By bringing its Cardano-grade UX, security model, and light-wallet design to Bitcoin users, VESPR is engineering a smooth cross-chain self-custodial experience.

Key Features

  • On-device Private Key Encryption. Keys are generated, encrypted, and wrapped securely.

  • Multi-Currency & Multi-Account Support. Built for Cardano’s token ecosystem, with Bitcoin support coming.

  • Real-Time Token Swapping via DexHunter. Users can swap Cardano-native tokens directly within VESPR, thanks to DexHunter integration.

  • Developer Friendly-Ready SDKs & Browser Extension. Offers Flutter SDK and Chrome/Brave/Edge extensions for integration.

  • Speed & reliability for all users. With a clean UX, instant staking management, DApp integrations, and a user-friendly interface, VESPR caters to novices and power users alike

Recent News

In a recent Substack post, the team outlined their vision for establishing VESPR as the definitive multi-asset crypto wallet. The post detailed their expansion beyond Cardano to Bitcoin support, positioning VESPR as a consolidated solution that eliminates the need for multiple wallets and seed phrases.

The Future

With universal deeplinks, multi-currency and account management, and full Bitcoin support coming, VESPR is positioned to be a top-tier non-custodial wallet in both ecosystems. Its Cardano-honed security, thoughtful developer tools, and expanding open-source footprint set the stage for broader adoption and seamless cross-chain asset management.

Find out more here and subscribe to their substack here.

📣 Trending on X

In what may be a bad omen, Jim Cramer just said to buy Bitcoin.

Bitcoin closely tracks global M2 supply. More liquidity means higher prices. With M2 projected to rise over the next 10 weeks, BTC may keep climbing.

WATCH: Bitcoin Policy Hour dives into the geopolitics of quantum computing, Satoshi’s coins, and national security game theory

By the numbers- in 2012 it cost about 34k bitcoin to buy a house in the US. Now its about 4 Bitcoin. We’re still early.