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South Korean crypto exchange Bithumb has provided guidance on how to apply to the claim portal operated by the Humanity (H) foundation following a recent security incident. Users who are not eligible for an automatic airdrop can submit a claim directly through the foundation's portal by attaching supporting documents, such as transaction histories. Additionally, Bithumb is in discussions with the foundation to arrange a proxy application process for members who have difficulty applying themselves. The exchange is accepting preliminary consent for these proxy applications until 8:00 a.m. UTC on Aug. 10.

Satsuki Katayama, Japan's Minister of Finance, announced that the country will push forward with a review to allow cryptocurrency ETFs, speaking at the 'Open Quick 2026' seminar on July 10. According to Financial News, the Japanese government plans to classify virtual assets as financial products by amending the Financial Instruments and Exchange Act. Once the law is amended, SBI Securities and Rakuten Securities are expected to begin selling crypto ETFs. The initiative also includes tax reform. The current tax rate on income from crypto trading, which can be as high as 55%, is expected to be lowered to a 20% separate tax, the same rate applied to stocks.

An analysis from Watcher.Guru suggests that XRP is unlikely to replicate its 500% surge from 2024 due to a changed market environment. The media outlet noted that the 2024 rally was largely driven by boosted investor sentiment following President Donald Trump's re-election and expectations of pro-crypto policies. During that period, Bitcoin surpassed $100,000 for the first time amid a strong market-wide bull run, which lifted cryptocurrencies including XRP. However, Watcher.Guru explained that current conditions are different, with heightened geopolitical uncertainty from tensions between the U.S. and Iran dampening investor sentiment. Furthermore, global capital is now concentrated in the artificial intelligence (AI) and semiconductor sectors, causing other asset classes like cryptocurrencies to underperform.

South Korean cryptocurrency exchanges Bithumb and Coinone have announced the delisting of Humanity (H), effective at 6:00 a.m. UTC on Aug. 10.

South Korean crypto exchange Upbit announced that it will temporarily suspend deposits and withdrawals for Cronos (CRO) to support the asset's network upgrade. The suspension is scheduled to begin at 3:00 a.m. UTC on July 14.

London-based asset management firm Abraxas Capital has deposited approximately $140 million worth of cryptocurrency, including ETH and cbBTC, into the DeFi lending protocol Spark, according to Onchain Lens. The deposited assets consist of 26,500 ETH ($46.33 million), 780 cbBTC ($48.53 million), and 45.99 million in USDS and USDT.

A reliable buy signal has been observed for Bitcoin as its long-term Moving Average Convergence Divergence (MACD) histogram has turned positive, CoinDesk reported. However, the outlet added that a breakout above the key resistance zone between $65,000 and $80,000 is crucial for a full-fledged bull market to begin. According to the analysis, a positive turn in the long-term MACD histogram indicates that Bitcoin's recent rally has further upside potential, noting the indicator has shown relatively high reliability since the cryptocurrency's sharp decline from its all-time high. Key resistance levels within the $65,000-$80,000 range include: - The 50-day simple moving average (around $65,434) - The previous high (around $67,292) - The 200-day moving average (around $71,147) - The strike price with the highest open interest in the options market (around $80,000) A breakout above these levels could initiate a new bull market, CoinDesk explained.

Metaplanet, a Japanese listed company that has been accumulating Bitcoin, announced it has begun a feasibility study for a "Digital Credit" business model that would use Bitcoin (BTC), JPYC, and security tokens. The company described the model as a blockchain-based financial system for issuing, distributing, and managing credit products, such as corporate bonds, using BTC, stablecoins, and security tokens (ST). As of July 3, Metaplanet holds 43,000 BTC.

Whale Alert reported that 316,000,000 USDT has been transferred from Poloniex to an unknown wallet. The transaction is valued at about $316 million.

Decentralized perpetual futures exchange GRVT has opened registration for its upcoming airdrop ahead of its Token Generation Event (TGE). Eligible recipients must complete registration and agree to the terms between 6:00 a.m. UTC on July 10 and 12:00 a.m. UTC on July 27. GRVT also introduced a "Multiplier Program," which increases a user's airdrop allocation if they agree to a longer vesting period. Participants can receive a larger share of GRVT tokens by opting to delay their claim for four or eight months post-TGE. However, the move has sparked complaints from the community over what they describe as an unexpected lock-up requirement for the previously announced airdrop. The cryptocurrency Telegram channel Coin Gachi Tuja noted that the new structure effectively reduces the allocation for users who do not choose a vesting option. The channel pointed out that this contradicts GRVT's earlier promise during its Season 1 campaign to distribute the full airdrop amount at the TGE.

Dunamu, the operator of South Korean crypto exchange Upbit, announced on July 10 that it signed a memorandum of understanding (MOU) with the Seoul Metropolitan Government on July 9 to enhance the financial literacy of young people and promote a proper understanding of virtual assets. Under the agreement, the two parties will establish a public-private digital finance education model to address financial, housing, and asset-building challenges faced by youth. The initiative will begin next month with an 'UpClass education' program for young adults at a youth center in Seoul. The curriculum will cover topics including: - Bitcoin and blockchain - Virtual asset fraud prevention - Various investment methods for virtual assets - The expansion of virtual assets, from stablecoins to real-world assets (RWA)

The price of LAB has plummeted approximately 94%, falling from $17.68 to $1.05 since July 6. Amid this crash, an address suspected of belonging to an insider remains active on-chain, according to analyst 9684xtpa. The analyst reported that about three hours ago, the address transferred 7.99 million LAB, valued at $9.24 million, to three new addresses. The purpose of this transfer has not yet been confirmed. This development follows persistent allegations of price manipulation against LAB from within the global cryptocurrency community.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 51.82% long, 48.18% short - Binance: 51.87% long, 48.13% short - OKX: 52.55% long, 47.45% short - Bybit: 51.99% long, 48.01% short

Asset manager Bitwise has identified the CLARITY Act as a key catalyst for the cryptocurrency market, suggesting its passage would likely signal a bottom for the current bear market. In its third-quarter outlook report, Bitwise noted that this quarter is a crucial period for the bill, which will define the crypto market's structure. The firm highlighted that prediction markets now place the probability of the CLARITY Act passing this year at around 40%, a significant drop from 75% in mid-May. Bitwise explained that if the act passes, it is highly likely to confirm the bottom of this bear market. Conversely, if the bill is rejected, it could lead to increased short-term volatility, though the firm believes uncertainty would gradually resolve as the industry continues to develop under a pro-crypto U.S. SEC and CFTC.

Members of the UK's Labour Party are pushing to amend a major bill to permanently ban political donations made with cryptocurrency, according to The Block. The lawmakers are reportedly gathering support to have the amendment included in legislation scheduled for debate in the House of Commons on July 21. If passed, the measure would permanently prohibit political contributions via crypto in the UK.

Gate.io has announced it will reinvestigate a Chinese user's claim of a $1.7 million hack and has issued a full apology for its initial handling of the matter. The exchange stated that it contacted the user immediately after receiving feedback and is responding in real-time. It added that an internal group has been formed to manage the situation and is assisting the user with efforts to freeze and recover the funds. The issue began when a Chinese user, @jheioff on X, claimed their account was hacked, resulting in a loss of $1.7 million. The user stated that the account, which they use on iOS and Mac, was protected by real-name verification, as well as phone, Google, and email authentication. They asserted that they had not changed their password but received a notification that it had been altered, along with other security settings, and demanded an investigation and compensation from Gate.io. The exchange initially drew criticism for its response, in which it appeared to dismiss the victim's claims and insisted there were no vulnerabilities in its security systems.

Cryptocurrency venture capital firm Pantera Capital has released a new research report, "Crypto on the Clock," utilizing the data infrastructure of crypto-focused AI intelligence platform Surf. The research analyzes the structure, trading volume, fee economics, and participant behavior of "near-term crypto prediction markets," with a focus on platforms like Polymarket and Kalshi. It sheds light on the microstructure of crypto prediction markets that settle on a minute-by-minute and hour-by-hour basis. Pantera Capital previously led a $15 million funding round for Surf AI, which also saw participation from major institutions such as Coinbase Ventures and Digital Currency Group (DCG).

Russian authorities are pushing to grant Rosfinmonotoring, the country's financial transaction watchdog, the power to supervise all cryptocurrency-related transactions, Bits.media reported. Under the proposed legislation, domestic digital custodians and foreign financial institutions would be required to submit detailed information for transactions exceeding 60,000 rubles (around $800). This includes the payer and payee's full name, wallet address, physical address, date of birth, and personal taxpayer number. For transactions below this threshold, only the name and wallet address would be required. The bill is expected to take effect on Sept. 1, alongside other cryptocurrency legislation. Russia is simultaneously pursuing laws that would recognize cryptocurrency as property while also strengthening government control over the sector.

U.S. spot Ethereum ETFs recorded a net outflow of $52.2 million on July 9, snapping a five-day streak of net inflows, according to data from Farside Investors. - BlackRock's ETHA: -$12.7 million - BlackRock's ETHB: -$2.7 million - Fidelity's FETH: -$34 million - Bitwise's ETHW: -$2.8 million

U.S. spot Bitcoin ETFs recorded approximately $95.3 million (143.8 billion won) in net outflows on July 9, marking the second consecutive trading day of withdrawals, according to data from Farside Investors. - Fidelity's FBTC: -$63.3 million - Ark Invest's ARKB: -$39.9 million

The 24-hour trading volume on decentralized exchanges (DEXs) built on Robinhood Chain has surpassed that of Hyperliquid, Cointelegraph reported. Over the past 24 hours, DEX volume on Robinhood Chain reached approximately $375.14 million, compared to $170.58 million on the Hyperliquid L1. Robinhood Chain is a Layer 2 blockchain recently launched by the U.S. stock and cryptocurrency trading app Robinhood (Nasdaq: HOOD).

Cardano (ADA) founder Charles Hoskinson took to X to address rumors of his departure from the project, calling them "absolutely not true" and "completely false and fabricated." Hoskinson explained that the speculation spread due to edited, out-of-context video clips and subsequent reaction videos. He clarified that he never described Cardano as a "failed project" and that rumors of his retirement are also baseless.

Privacy-focused browser Brave announced its Basic Attention Token (BAT) Roadmap 4.0 on its official blog on July 9. The company said the roadmap aims to expand BAT's utility into everyday payments and establish a creator compensation system for the age of AI. Key initiatives include: - Support for AI agent payments based on x402 and the Machine Payments Protocol (MPP) - A new Brave Wallet integrating credit cards, cryptocurrencies, and Brave Rewards - A stablecoin payment protocol called BravePay - A stablecoin-based Brave Rewards card - A protocol to reward creators when their content is used by AI

The Zcash Ironwood mainnet upgrade is set to activate at 12:00 p.m. UTC on July 28, at block height 3,428,143, according to Zcash core developer Sean Bowe. This upgrade will focus on eliminating a vulnerability in the Orchard pool that could have potentially allowed an attacker to infinitely mint counterfeit ZEC.

Vadim, a former core developer for the Layer 1 blockchain Near Protocol (NEAR), announced on X that the version 2.13.0 upgrade has been deployed to the mainnet. He added that the update includes features such as quantum-resistant signatures, dynamic resharding, and gas keys. According to Vadim, the upgrade incorporates functionalities that most blockchains would typically pursue over a 10-year roadmap.