Why Is Crypto Down Today? – July 24, 2025

The crypto market is down today. Ethereum is outperforming Bitcoin this month, and institutional investors are taking note, industry insiders say.
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Appeals Court Overturns $9M Yuga Labs Victory Against Ryder Ripps in BAYC Case

The United States Court of Appeals for the Ninth Circuit has largely overturned a district court’s $9 million judgment in favor of Bored Ape Yacht Club creator Yuga Labs, dealing a significant blow to the NFT company’s landmark trademark victory against artist Ryder Ripps.
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MIT Brothers Who Exploited MEV Bots for $25M Must Face Trial, Judge Rules

Two MIT-educated brothers accused of orchestrating the largest MEV bot exploitation in cryptocurrency history will face trial after a federal judge rejected their attempts to dismiss fraud and money laundering charges.
The post MIT Brothers Who Exploited MEV Bots for $25M Must Face Trial, Judge Rules appeared first on Cryptonews. …