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Bitmine purchased an additional 27,801 ETH, worth approximately $50.04 million, last week, according to a PR Newswire press release. As of July 12, the company holds a total of 5.77 million ETH. Of this amount, 4.917 million ETH, or about 85%, is currently staked.

Ripple CEO Brad Garlinghouse revealed that the company considered shutting down when the U.S. Securities and Exchange Commission (SEC) filed its lawsuit in 2020. Speaking on a podcast, Garlinghouse stated that he and co-founder Chris Larsen had seriously discussed liquidating Ripple and distributing its XRP holdings to shareholders based on their equity. However, after extensive deliberation, they chose to keep the company operational and fight the lawsuit, a decision that protected the jobs of hundreds of employees. He added that the legal battle, which has spanned nearly four years, has cost the company approximately $150 million in legal fees.

U.S. President Donald Trump stated that an agreement was reached with Iran, but that Iran violated its promise.

Bitcoin treasury management company Strive purchased an additional 18 BTC last week at an average price of $64,028, CEO Matt Cole announced on X.

TON has announced that network deposits and withdrawals have returned to normal after resolving an earlier processing delay. According to The Block, the network had experienced delays in deposits and withdrawals due to a slowdown in block generation and message processing. The TON core team had previously stated they were working to fix the problem.

Strategy (MSTR) has raised $466 million through its at-the-market (ATM) common stock program, Jumanews reported. According to a company filing, there have been no additional purchases or sales of BTC following the capital raise.

The UK government has launched a financial market tokenization task force with 54 financial institutions, including BlackRock, Goldman Sachs, HSBC, JPMorgan, Morgan Stanley, and UBS, CoinDesk reported. Led by the UK Treasury and supported by the City of London Corporation, the project will spend the next year developing real-world use cases for tokenization in the UK's financial markets, with an initial focus on tokenized repurchase agreements (Repo). In a related report, Boston Consulting Group (BCG) projected that the tokenized real-world asset (RWA) market is expected to grow to $88 trillion by 2035, far exceeding the current crypto market capitalization of about $3 trillion. BCG added that increased adoption of tokenization could boost the UK's annual economic output by up to £33 billion and its annual tax revenue by £14 billion by 2035.

A solo miner using a $250 Bitaxe ASIC miner has successfully mined a Bitcoin block, earning a reward of 3.138 BTC, worth approximately $200,000, Cointelegraph reported.

The trial on the merits and evidence examination for Qian Zhimin's 60,000 BTC case is expected to begin after October of this year, local media outlet Caixin reported. The court plans to focus on several key areas: - The process of transferring and converting the funds - The demonstrable link to the Bitcoin (BTC) seized in the UK - The specific property relationship between the BTC involved in the case Previously, Qian was sentenced to over 11 years in prison by a UK court for laundering the proceeds of a Ponzi scheme in China that defrauded approximately 130,000 people. The laundered funds were converted into Bitcoin worth more than 9 trillion won (approximately $6.5 billion).

Taran Dhillon, head of digital assets at Web3 investment platform Kula, told CoinDesk that the cryptocurrency market this week will be influenced by both macroeconomic indicators and geopolitical risks. He identified the upcoming U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) as key variables that will determine the outlook for interest rates. Dhillon also noted that Bitcoin and Ethereum spot ETFs have shown signs of recovering demand, ending an eight-week streak of net outflows to post net inflows. He added that progress on the U.S. CLARITY Act could also positively impact the market, as clearer legal status and oversight for digital assets would lower the barrier to entry for institutional investors and could lead to greater capital inflows.

Some traders are suggesting a potential shift to a bull market for Bitcoin this September or October, Cointelegraph reports. Trader Ryker argued that while most investors expect a bull run in 2027, market makers might front-run this sentiment and initiate a rally starting in the fall of this year. Another trader, Jelle, noted that a recent dead cross between the 50-week and 100-week moving averages on the weekly chart is similar to the pattern observed just before the end of the 2022 bear market. Jelle added that there are growing signs of a new accumulation phase beginning. However, some have expressed caution, arguing that the current bear market is still too short by historical standards for a reversal to occur this year.

Strategy (MSTR) has partnered with InsuranceMarket to provide its AI-based data analytics platform, Strategy Mosaic, Cointelegraph reported.

Hyperliquid (HYPE) announced that its perpetual futures open interest (OI) has reached an all-time high of $11.14 billion. The company attributed this growth to its HIP-3 market, which supports stocks, commodities, and index products. HIP-3 is a system that allows anyone to create a perpetual futures market on the Hyperliquid HVM.

Amid a prolonged bear market driven by macroeconomic uncertainty and rising geopolitical tensions, the next crypto bull run could begin in 2028, according to Watcher.Guru. The outlet explained that investors began shifting from high-risk assets to safe havens like gold in late 2025. A withdrawal of liquidity ahead of the SpaceX (SPCX) initial public offering also contributed to the market's weakness. Watcher.Guru noted that Bitcoin (BTC) has historically followed a four-year cycle, reaching all-time highs in 2017, 2021, and 2025 before correcting, a pattern the current cycle appears to be following. Echoing this sentiment, SkyBridge Capital founder Anthony Scaramucci predicted that if the four-year cycle continues, the next all-time high for BTC could occur around 2029. He added that since bull markets typically start about a year before a new peak, the next one could begin around 2028.

Binance has announced it will delist several margin trading pairs at 6:00 a.m. UTC on July 17. The delisting will affect the following pairs: - Cross Margin: 1INCH/USDC, LPT/USDC, MAGIC/USDC, MASK/USDC, SUSHI/USDC - Isolated Margin: USDP/USDT

Institutional investors appear to be continuously accumulating Ethereum (ETH), according to Lookonchain. The on-chain analytics firm reported that an address associated with K3 Capital withdrew 10,000 ETH ($17.85 million) from Binance about an hour ago. At the same time, Abraxas Capital also withdrew 6,948 ETH ($12.42 million) from Binance and Bitfinex. Withdrawals from exchanges are typically interpreted as a move to hold assets.

Glassnode assessed in its weekly report that Bitcoin's recent rebound is likely temporary and lacks the support of significant trading volume. The report noted that weekly BTC spot trading volume fell by 21.5% from the previous week to $4.1 billion, and the spot Cumulative Volume Delta (CVD) indicator turned negative, suggesting that buying pressure remains limited. On-chain metrics also continued to show weakness, indicating a persistent slowdown in network activity: - The number of active BTC addresses decreased by 7.6% to 599,000. - On-chain transaction volume fell by 16.1% to $4 billion. - Total transaction fees dropped by 13.9% to $168,000. Glassnode also explained that in the options market, investors are maintaining positions to hedge against downside risk, despite the recent price recovery.

South Korean crypto exchange Bithumb has announced it will temporarily suspend deposits and withdrawals for Near Protocol (NEAR) starting at 2:00 p.m. UTC on July 19 due to a network upgrade.

U.S. online brokerage Webull has secured a license from Dutch financial authorities under Europe's Markets in Crypto-Assets (MiCA) regulation, Finance Magnates reported. The company plans to use the license to launch crypto trading and custody services in Europe by the end of 2026.

Japanese financial giant SBI Holdings has announced a strategic partnership with the Solana Foundation to expand the on-chain financial market in Japan. As part of the partnership, the Solana Foundation will join SBI R3 Japan, working alongside existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) to pursue a new growth strategy. SBI Holdings highlighted the rapid global expansion of stablecoins and real-world asset (RWA) tokenization. The company stated that on-chain finance, where the issuance, distribution, and settlement of financial assets all occur on the blockchain, is set to become the next generation of financial infrastructure. "Solana is regarded as one of the core infrastructures for on-chain finance, based on its high processing performance, low costs, and global ecosystem," SBI explained. "Our goal is to connect Japan's financial assets and institutional foundation with Solana's global network." Separately, SBI also revealed today that it is promoting an enterprise-wide transition to on-chain technology and expanding its cryptocurrency business.

The next distribution for FTX creditors, scheduled for July 31, will total approximately $600 million, Sunil Kavuri, a representative for the largest group of FTX creditors, announced on X. The record date for the distribution was June 16. Meanwhile, 45 jurisdictions, including China, Egypt, and Russia, remain excluded from receiving payments.

According to data from Coinglass, an estimated $855.85 million in short positions on major centralized exchanges will be liquidated if BTC breaks through $64,668. Conversely, a drop below $62,068 would trigger the liquidation of $363.22 million in long positions.

Binance founder Changpeng Zhao stated on X that he recently moved some BSC memecoins sent to his personal address to a burn address simply as a test. He explained that he had not checked his wallet in a long time and that the accumulation of over 10,000 tokens was causing display issues with his software. Zhao advised those sending him memecoins to send them directly to the 0x000…dEaD burn address instead of his personal one, noting that this approach saves a step and is therefore more direct and effective.

Amid Bitcoin's rebound from $58,000 to $64,000 following its June slump, an analysis suggests the supply shortage is intensifying as the proportion of BTC held by long-term investors nears an all-time high. Joao Wedson, founder of crypto analytics firm Alphractal, noted that long-term holders (LTH) now possess 5.2 times more BTC than short-term holders (STH). In contrast, the amount of BTC held by STH has fallen to its lowest level since 2016. Currently, LTH control 84% of the total BTC supply, leaving just 16% in the hands of short-term investors. Wedson suggested this shift indicates a strengthening conviction among long-term investors. He concluded that if this structure persists and new demand enters the market, the limited circulating supply could cause new capital inflows to have a more significant impact on BTC's price.

Japanese financial giant SBI will launch a service this month offering a 3% annual yield to customers who lend their yen stablecoins to the company for a three-month term, Nikkei reported. This follows SBI's issuance of JPYSC, Japan's first trust-based yen stablecoin, in June.