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The U.S. Securities and Exchange Commission (SEC) has approved a rule change to increase the position and exercise limits for options on BlackRock's spot BTC ETF, IBIT, from 250,000 to 1 million contracts. The measure, which is effective immediately, follows a proposal submitted by the New York Stock Exchange on July 6.

Ostium, a platform for trading RWA perpetual contracts on Arbitrum, has suffered an apparent loss of approximately $18 million from a vault attack, blockchain security firm Blockaid reported on X.

The U.S. government has transferred all cryptocurrency from a wallet holding assets seized from FTX and Alameda Research, Onchain Lens reported. According to on-chain data, a U.S. government address recently transferred 4,820 ETH, worth $9.28 million, to Coinbase Prime. Additionally, 54.89 billion SHIB ($235,000), 631,000 POWR ($27,900), and 1.06 million AERGO ($22,100) were moved to newly created wallets.

Senior White House officials are scheduled to meet with U.S. senators on July 16 to discuss contentious ethics provisions within the CLARITY Act, a comprehensive crypto market structure bill, CoinDesk reported. The release of a revised version of the bill, initially expected this week, has reportedly been delayed due to the ongoing negotiations. On July 14, several Democratic senators held a press conference, stating they would oppose the legislation unless concerns about potential conflicts of interest involving President Trump's cryptocurrency businesses are addressed. Industry observers believe that reaching an agreement on the ethics rules would significantly increase the bill's chances of passing the Senate. However, with the Senate scheduled to begin its summer recess after the first week of August, there are only a few weeks left to pass the bill this year.

An anonymous Bitcoin (BTC) whale address has withdrawn an additional 326.33 BTC, worth $21.3 million, from Coinbase, Onchain Lens reported. According to on-chain data, the same address has consistently accumulated a total of 2,612 BTC ($170.51 million) over the past six months. Withdrawals from exchanges are typically seen as a sign of intent to hold.

Global asset management giant BlackRock saw its assets under management (AUM) reach a record $15.34 trillion at the end of the second quarter, BeInCrypto reported. However, its digital asset division was the only business segment to experience a decline, shrinking by approximately 20% from the previous quarter. The firm's operating profit margin for the second quarter hit a five-year high of 45.9%, with net client inflows totaling $192 billion during the same period. In contrast, the AUM for the digital asset segment dropped from $60.7 billion to $48.8 billion. This reduction was driven by an $8.7 billion valuation loss resulting from the decline in cryptocurrency prices. Compared to the same period last year, the digital asset AUM has fallen by about 39% from $79.6 billion.

CoinShares has identified OpenUSD (OUSD), a project from the OpenStandard consortium of over 140 payment and crypto firms including Visa and BlackRock, as the primary threat to Circle's USDC. According to a CoinDesk report on the analysis, OpenUSD targets Circle's core economic model. Unlike existing stablecoin issuers that keep all revenue generated from reserves, OpenUSD plans to distribute profits to participating firms and retain only a management fee. CoinShares noted this model could pressure Circle's profit margins and increase the costs of maintaining USDC circulation, pointing out that Circle's stock fell over 17% on the day the plan was announced. However, the report suggests this may be a market overreaction, as OpenUSD has not yet launched and key details are still unresolved. It also stated that OpenUSD is unlikely to threaten Tether, which maintains a strong position in emerging markets. CoinShares advised investors to watch whether Circle modifies its distribution strategy and if OpenUSD's high profile translates into actual user adoption.

A whale address starting with 0x069A is at risk of forced liquidation on a $49 million Bitcoin short position held on Hyperliquid (HYPE), EmberCN reported. The position, which totals 750 BTC with 40x leverage, has an average entry price of $59,941 and a liquidation price of $66,153. The address is currently facing a loss of around $4 million.

Tokenization startup Tradable plans to move up to $1 billion in private credit assets from ZKSync to the Stellar (XLM) chain, The Block reported. The company intends to leverage Stellar's institution-friendly ecosystem to accelerate the development of an alternative asset infrastructure connecting traditional asset managers with blockchain technology. Stellar has recently gained attention in the real-world asset (RWA) tokenization market and has previously been adopted by institutions such as Franklin Templeton and WisdomTree as their network for tokenizing real-world assets.

The three major U.S. stock indices opened higher today. - S&P 500: +0.41% - Nasdaq: +0.63% - Dow Jones: +0.18%

Despite a recovery in the price of Ethereum (ETH), Bitmine (BMNR) is facing over $6.8 billion in unrealized losses. According to data from bmnr.rocks, Bitmine currently holds approximately 5.77 million ETH, with an average purchase price of $3,106. Meanwhile, ETH is trading at $1,938.83, up 4.17% over the past 24 hours, according to CoinMarketCap.

Binance holds approximately $153 billion in user assets, accounting for 56.5% of the total reserves held by the top six centralized exchanges (CEXs) that publish proof of reserves, according to research from The Block. The report notes that Binance serves over 320 million users and handles roughly one-third of global CEX spot trading volume and 42.5% of futures volume. However, believing it is difficult to maintain its edge through trading volume alone, Binance is attempting to expand beyond cryptocurrency. The research suggests Binance is following a playbook similar to that of WeChat, which evolved from a messaging app into an operating system for daily life serving its roughly 1.4 billion monthly users.

Stablecoin payment startup Cyclops announced it has raised $20 million in a Series A funding round led by Nava Ventures. The company provides a solution that enables payment firms to offer features like stablecoin settlement and crypto payments without building and operating their own blockchain infrastructure. The new funds will be used for development, securing global licenses, and hiring.

Major exchanges have seen $116 million worth of futures liquidated in the past hour. In the past 24 hours, $352 million worth of futures have been liquidated.

Ethereum (ETH) has reclaimed the $1,900 level for the first time in 43 days, a price last seen on June 2. According to data from CoinMarketCap, ETH is trading at $1,914.19, up 3.71% over the past 24 hours.

Abraxas Capital has withdrawn 8,153 ETH ($15.3 million) from Binance and Bybit and deposited 618 BTC ($39.99 million) to the exchanges over the past three hours, according to Lookonchain. Typically, withdrawals from exchanges suggest an intent to hold, while deposits are often interpreted as a precursor to selling.

Around 40 financial institutions and technology firms, including JPMorgan, Goldman Sachs, BlackRock, Vanguard, and the New York Stock Exchange (NYSE), are participating in a pilot program by the U.S. Depository Trust & Clearing Corporation (DTCC) to convert U.S. stocks and Treasury bonds into digital tokens. According to The Wall Street Journal, the DTCC plans to tokenize securities deposited by these institutions, record them on a blockchain, and facilitate their trading. The assets being tokenized in the pilot program include: - Microsoft stock - Circle stock - Invesco QQQ ETF - SPDR S&P 500 ETF - iShares 0-3 Month Treasury Bond ETF - U.S. Treasurys Based on the pilot, the DTCC intends to officially launch its tokenization service in October. Following the launch, financial institutions that deposit assets with the DTCC will be able to convert some of their securities into tokens.

CC has fallen by 3.73% in the past five minutes on the COINNESS market. Currently, CC is trading at $0.14.

CC has risen by 4.89% in the past five minutes on the COINNESS market. Currently, CC is trading at $0.14.

The U.S. Department of Labor announced that the Producer Price Index (PPI) for June fell by 0.3% month-over-month, coming in below the market forecast of a 0.0% change. The PPI is an inflation indicator that often precedes changes in the Consumer Price Index (CPI). Cryptocurrencies, which are classified as risk assets, react sensitively to inflation data like the PPI and CPI, as these figures influence the Federal Reserve's interest rate decisions. When these indicators are lower than expected, it can be interpreted as a sign of slowing inflation, potentially increasing expectations for a rate cut. Conversely, higher-than-expected figures can weaken hopes for a rate cut. Generally, risk assets tend to rise on expectations of increased liquidity following an interest rate reduction.

The memecoin economy on the Ethereum Layer 2 Robinhood Chain has begun to collapse after its leading token launchpad, Noxa, abruptly ceased operations, CoinDesk reported. According to the report, Noxa suddenly announced on July 11 that it would stop issuing new tokens, and its website became inaccessible two days later. The Noxa team subsequently stated that its old domain would redirect to the Ethereum Name Service (ENS) and that it would support profit withdrawals for creators. The team also announced a new policy, waiving all platform fees and giving 100% of fee revenue to creators. The move comes after Noxa had accumulated $12 million in fee revenue, driven by the recent success of memecoins like CASHCAT. Some critics have pointed out that the platform was effectively killing a golden goose, as it had been earning an average of $3 million per day.

The UK government has issued a report recommending that judges receive enhanced training to combat cryptocurrency money laundering and AI-driven fraud, Decrypt reported. The report highlights that fraud now constitutes over half of all crime in England and Wales, with more than half of all investment scams linked to crypto. It also raised concerns that while local courts are increasingly handling complex international financial crimes, judges may lack the necessary background knowledge and experience to address them effectively.

Cryptocurrency wallet MetaMask announced via its official X account that it now supports the Robinhood Chain. The integration includes support for swaps, bridging, and cryptocurrency management.

Starting this October, victims of voice phishing in South Korea will be able to recover stolen virtual assets, Edaily reported. On July 15, the country's Financial Services Commission announced a proposed amendment to the Enforcement Decree of the Special Act on Prevention of Damage from Telecommunications-based Financial Fraud and Refund of Damage Amount. The proposal follows a revision to the law in March that expanded the definition of recoverable assets from only money to include virtual assets. According to the amendment, the method of restitution will vary by asset type. Monetary losses will be refunded in cash, while virtual assets will be returned in their original form and quantity. For instance, stolen Bitcoin will, in principle, be returned as Bitcoin.

White House National Economic Council (NEC) Chairman Kevin Hassett said that based on the data, there is no reason for the Federal Reserve to raise interest rates.