News linked to both this project and an event.
According to Bitcoin Magazine, the head of Coinbase Canada stated that the company is pushing to expand its business footprint in Canada, with the goal of building an "all-in-one exchange" covering crypto assets, tokenized stocks, and prediction markets. The plan aims to leverage blockchain technology to provide a more efficient, 24/7 trading experience. Currently, Coinbase is coordinating with Canadian regulators regarding the launch of related products.
According to Bitcoin.com, the Kenyan government is investigating the hacking incident of President William Ruto's official website. The attackers temporarily tampered with the homepage content and demanded a payment of 5 Bitcoins, threatening to leak undisclosed information otherwise.
one year after the U.S. House of Representatives passed the Clarity for Digital Assets Act (CLARITY Act), the bill remains stalled in the Senate, facing opposition from the banking industry and partisan divisions. Supporters anticipate a potential vote before the Senate's August recess. Industry organizations Coin Center and the Blockchain Association have identified Section 604 as a key provision for protecting open-source innovation. This provision aims to prevent non-custodial blockchain developers, node operators, and validators from being classified as federal money transmitters. Stefan Muehlbauer, Head of U.S. Government Affairs at CertiK, stated that removing Section 604 could conflate software development with financial services, subjecting developers to the Bank Secrecy Act and triggering First Amendment-related constitutional challenges. Iana Dimitrova, CEO of Openpayd, noted that the expanding use of stablecoins for cross-border value transfer has made the need for a federal regulatory framework more apparent. The bill also addresses accounting standards, acknowledges the rescission of SEC Staff Accounting Bulletin SAB 121, and prohibits the SEC from reimposing equivalent crypto custody accounting requirements without a full notice-and-comment rulemaking process. Mark Zalan, CEO of Gomining, pointed out that Bitcoin still faces regulatory gaps, such as tax treatment.
Ansem posted on platform X, stating that the current market remains in a stage with high growth potential. Bitcoin (BTC) and Solana (SOL) still have considerable room to rise from their all-time highs, with SOL down approximately 75% from its peak and BTC down about 50%. Compared to previous cycles, this cycle has more mature user experiences and infrastructure, including improved mobile trading experiences, lower barriers for wallet onboarding, and enhanced cross-chain capabilities, making it easier for new users without prior crypto experience to enter the market.Ansem pointed out that a growing number of high-quality developers are aligning incentives through a "token plus equity" model, offering investors exposure to a wider range of industry sectors. Meanwhile, institutional interest in Real World Assets (RWA), attention to the regulatory framework related to the US CLARITY Act, and the entry of major tech-finance companies like Stripe and Robinhood into the crypto space are all boosting market confidence. The wealth effect generated by AI stock performance in recent years, coupled with the wealth-building cases of Meme coins in previous crypto cycles, are reinforcing the market's perception of high-yield trading opportunities. While some earlier Meme coins grew from zero to tens of billions of dollars in market capitalization, the circulating market cap of current popular Meme projects like $ANSEM is still under $100 million, attracting speculative capital.This cycle features dual market drivers: institutional narratives and high-risk speculative opportunities. On one hand, mature financial applications like perpetual contracts and RWA will attract more professional capital; on the other hand, trading in Meme coins and low-market-cap tokens will continue to attract significant retail participation.Ansem stated that with more teams launching user-friendly mobile crypto applications that lower the barrier to entry, this cycle could become the one with the largest scale of retail participation in crypto history.
Bitcoin News posted on X, citing @EleanorTerrett, that the CLARITY Act has not yet been scheduled for a full Senate vote, nor has its legislative text been updated, with multiple key provisions still under negotiation. Lawmakers will enter the August recess after 14 working days. Currently, the biggest point of contention remains ethical issues, as legislators continue to negotiate rules to prevent government officials from profiting from digital assets. Some are still hoping for a vote this week, but many on Capitol Hill believe the window of opportunity is narrowing. If the bill is not brought before the full Senate next week, its chances of passing before the August recess will significantly diminish.
Odaily Odaily reports, one year after the enactment of the US "GENIUS Act", Tether's stablecoin USDT faces a compliance adjustment window of approximately two years. If it fails to meet US stablecoin regulatory requirements in the future, USDT may risk being unable to continue trading on crypto platforms in the United States.The GENIUS Act requires stablecoin issuers to maintain fully backed reserves, primarily allocated to highly liquid assets such as cash and US Treasuries. Tether's latest reserve disclosure shows that USDT reserves still include some assets allocated to precious metals, lending assets, and Bitcoin, which may not meet the requirements of the new regulations. (Coindesk)
CryptoQuant analyst Darkfost posted on X platform, pointing out that Bitcoin has been oscillating around the key support level of $60,000 for nearly 165 days, failing to hold firm and reignite upward momentum. One core reason is the market's lack of new liquidity. Over the past 30 days, the net outflow of stablecoin reserves from Binance and Bybit has approached $2.3 billion. New demand, whether flowing into Bitcoin or the entire crypto market, remains weak. Since the beginning of this year, stablecoin reserves on exchanges have continued to decline. This rather pessimistic market sentiment continues to restrict the funding support needed for Bitcoin to break out of its current consolidation range.However, as regulatory measures like the GENIUS Act require stablecoins to improve compliance, the decentralized nature of the stablecoin ecosystem may be weakened. In the long term, Bitcoin's decentralized characteristics could thereby become more prominent.
According to Odaily, as of June 23, 2026, Foundry Digital, AntPool, ViaBTC, and F2Pool collectively control over 70% of the Bitcoin network's hashrate, with shares of approximately 31%, 18%, 13%, and 10% respectively. Foundry Digital is a US-based mining pool backed by Digital Currency Group, primarily serving large institutions and publicly listed mining companies. In the first half of 2026, D-Central reported a Nakamoto coefficient of 3, meaning that just three mining pools would be enough to produce more than half of the blocks. ViaBTC faced stricter regulatory scrutiny in 2026, prompting some miners to shift to alternative pools like EMCD.
Odaily Strategy founder Michael Saylor published a lengthy post on July 18, listing 100 reasons to oppose BIP 110. He stated that the proposal would impose restrictions on a currently valid but controversial class of transactions through Bitcoin's consensus rules, constituting governance intervention in certain use cases. BIP 110, full name "Reduced Data Temporary Softfork," was marked as Complete on Github on June 25, 2026. The proposal is planned to run for approximately one year and introduces seven new consensus restrictions, including an 83-byte limit on OP_RETURN outputs, a 256-byte cap on certain payloads and witness items, as well as restrictions on some Taproot-related structures. Michael Saylor pointed out that BIP 110 adopts a 55% miner signaling threshold, lower than the 95% threshold in the standard BIP 9 process, and removes the regular timeout and FAILED status. He believes that using a lower threshold for controversial rule changes increases the probability of a chain split and could potentially affect miner fee revenue and long-term network security. He argued that existing Bitcoin relay and mining strategy tools already allow node operators and miners to restrict unwanted transaction types without the need to change the network's consensus rules. Michael Saylor also stated that Bitcoin's base layer should remain conservative and opposed the use of consensus soft forks to regulate controversial use cases.
DOG Mode is an alternative Bitcoin client that relaxes the default relay policy affecting Ordinals and Runes transactions, but does not alter Bitcoin’s consensus rules. This proposal runs counter to BIP-110, which previously sought to tighten Bitcoin’s rules to limit on-chain data.
, New Hampshire Governor Kelly Ayotte recently signed HB 639, the Blockchain Basic Laws, to increase legal protections for digital asset users, developers, miners, validators, and businesses, and to safeguard digital asset usage and self-custody rights. The bill also authorizes the creation of a dedicated docket for blockchain-related disputes. New Hampshire's 2025 law allows the State Treasurer to invest up to 5% of specific public funds in precious metals and qualifying digital assets, with Bitcoin currently being the only asset meeting the market cap threshold. Texas Governor Greg Abbott signed SB 21 in June 2025, establishing the Texas Strategic Bitcoin Reserve. State lawmakers appropriated $10 million, and Texas subsequently made an initial investment of approximately $5 million via spot Bitcoin ETFs. A 2025 proposal in Wyoming to allow up to 3% of certain state funds to be invested in Bitcoin did not pass. However, the state continues to advance its specialized banking framework and the Frontier Stable Token. FRNT became publicly available in January 2026 and is described as the first state-issued stable token in the United States.
Bloomberg ETF analyst Eric Balchunas stated that the 22-year development history of gold ETFs may provide the closest reference path for Bitcoin ETF investors. Both are packaging vehicles for non-yielding, non-cash-flow store-of-value assets, with their performance primarily driven by investor sentiment rather than earnings, coupons, or policy support.
According to Bits.media, the Russian State Duma Committee on the Financial Market has recommended rejecting several loosening amendments to the government's cryptocurrency regulation bill, which is currently prepared for its second reading. The rejected amendments mainly include: increasing the annual limit for non-professional investors purchasing cryptocurrency through a single intermediary from 300,000 rubles to 600,000 rubles; expanding the scope of tradable cryptocurrencies to coins with a market cap exceeding 1 trillion rubles and average daily trading volume exceeding 100 billion rubles (the current draft requires a market cap of no less than 5 trillion rubles and trading volume of no less than 1 trillion rubles, effectively allowing only a very small number of coins such as BTC and ETH to be listed); allowing Russian citizens to use non-custodial crypto wallets; canceling the mandatory review power of digital custodians over every transaction; and postponing the bill's effective date to January 2027. The current version of the bill retains the power of digital custodians to review every transaction and freeze transactions. The bill completed its first reading in April this year and was originally planned to be passed before July 1, but has now been postponed to September 1, with the deliberation of the supporting criminal liability bill also scheduled no earlier than September.
Coinbase officially announced that the regulated derivatives clearing business of UK financial services group Marex has now formally supported the use of USDC as Initial Margin collateral. This marks the first entry of a stablecoin into the actual operational processes of traditional clearing infrastructure. The first transaction was completed by Prime Trading, LLC, with Coinbase providing the underlying infrastructure support, including custody services, 1:1 instant conversion between fiat currency and USDC, and a customized daily reporting system that meets clearing industry standards.The implementation of this business was made possible by a "No-Action Letter" issued by the U.S. Commodity Futures Trading Commission (CFTC) in December 2025. This policy opens the door for Futures Commission Merchants (FCMs) to accept stablecoins, Bitcoin, and Ethereum as client margin collateral.Coinbase stated that USDC, as a collateral asset, can provide round-the-clock liquidity, helping institutions break free from the limitations of traditional banking hours, allowing margin funds to be transferred in line with market operating hours. In this partnership, the core capabilities provided by Coinbase include:24/7 instant conversion between fiat currency and USDC: Institutional clients can convert between USD and USDC at any time, improving the efficiency of margin allocation;Customized reporting system: Meets the requirements of traditional clearing systems for asset recording, reconciliation, and regulatory reporting;NYDFS-compliant custody: Provides institutional-grade security for USDC collateral assets.
Kraken Institutional has announced a partnership with on-chain yield platform Upshift, allowing eligible institutional clients to earn yields on idle Bitcoin, Ethereum, stablecoins, and other crypto assets directly within Kraken's compliant custody framework. Upshift will build dedicated customized vaults for each client, designed according to their investment strategies, risk parameters, liquidity requirements, and asset portfolios. Assets will be allocated to these non-custodial vaults and subsequently deployed to selected on-chain contracts, with clients' segregated Kraken custody accounts receiving receipt tokens.
Odaily News on July 14, Bitcoin ETFs recorded net inflows of $181 million, and Ethereum ETFs recorded net inflows of $58.34 million. No outflows were observed for either Bitcoin or Ethereum ETFs on that day. BlackRock's IBIT saw net inflows of $139 million, Fidelity's FBTC posted net inflows of $21.07 million; all net inflows into Ethereum ETFs came from BlackRock's ETHA. HYPE, XRP, and Solana ETFs had no trading activity on the day. Morgan Stanley submitted a proposed amended filing for spot Ethereum and Solana ETFs, with the document covering service providers such as Coinbase Custody and staking provisions. Japanese policymakers are advancing reforms aimed at classifying crypto assets under the Financial Instruments and Exchange Act.
the US CPI fell 0.4% month-on-month in June, the largest monthly decline since April 2020; the annual rate dropped to 3.5% from 4.2% in May, below the expected 3.8%. Core CPI fell to 2.6%, below expectations, and was flat month-on-month. Major crypto assets rose after the data release, with BTC rising from approximately $62,000 to $64,900, ETH gaining 7% to $1,884, and about $300 million in short positions liquidated. Federal Reserve Chairman Kevin Warsh stated during congressional testimony that the Fed has "zero tolerance" for persistently high inflation; if policy is correct, the inflation surge of the past five years will become a thing of the past. When asked about the CPI data, he said he does not share the view that the "mission is accomplished" and did not provide guidance on the next policy steps.
a fraud review commissioned by the UK government recommends that the Judicial College provide training for all judges and magistrates in England and Wales to address the rise in cases involving AI fraud and money laundering via cryptocurrency. The report argues that the Fraud Act 2006 is generally adequate for handling AI fraud, but the issue lies in the courts' lack of preparedness for adjudicating such cases. It recommends assessing whether the existing "Long and Complex Trials" course should be updated or replaced with specialized modules on fraud and related offenses, and considering mandatory training for judges who may preside over complex fraud cases. The report states that fraud could soon account for half of all crime in England and Wales, with an estimated 4.1 million cases occurring in the year to June 2025, affecting 1 in 14 adults and 1 in 4 businesses. The Financial Ombudsman Service estimates that over half of investment scams now involve crypto assets. The report also references the case of Qian Zhimin, who operated a Ponzi scheme in China, defrauding over 128,000 victims of approximately £5 billion and laundering the proceeds into Bitcoin. This case led to the largest confirmed Bitcoin seizure in UK history, involving over 61,000 BTC. Qian Zhimin was sentenced to 11 years and 8 months in prison at Southwark Crown Court in November.
According to the official announcement, Huobi HTX will host a themed live stream today at 20:00 titled "Ceasefire Ends, Oil Price Surges Past 75, STRATEGY Sells Coins at Loss for First Time: Can BTC's Macro Narrative Still Hold?" During the event, crypto KOLs such as HuaBai Blockchain, Sincere Little Taoist, Crypto.0824, and OxPink will gather in the live stream room to conduct in-depth discussions on recent market hotspots such as the fluctuating situation in the Middle East and the strong upward trend in international oil prices, and combine Federal Reserve policy expectations to analyze BTC's future trend as well as crypto asset allocation opportunities and risk management strategies, providing investors with multi-dimensional market observations and trading ideas.
on July 13, the Czech Ministry of Finance added Polymarket to its list of unauthorized internet gaming platforms, identifying it as an unlicensed gambling platform. Internet service providers are required to block access to the platform within 15 days. The Czech Institute for Gambling Regulation stated that Polymarket settles payments using the USDC stablecoin and operates as a decentralized exchange, without providing services through licensed local operators. The institute noted that several EU countries have recently restricted or blocked Polymarket; Italy has reinstated it on the blocklist, while the Netherlands has dismissed the platform's appeal. Separately, this month, the EU market regulator ESMA warned that event contracts meeting the definition of financial instruments are already prohibited from being sold to retail investors under existing binary options rules. Gibraltar has introduced a dedicated regulatory framework for prediction markets this week, while Malta has indicated it is exploring a similar regime. (Bitcoin.com News).