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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.

A spokesperson for Iran's Ministry of Foreign Affairs stated that Iran will not honor its commitments under a memorandum of understanding (MOU) with the United States unless the U.S. fulfills its own promises.

Ethereum (ETH) spot ETFs could switch to net inflows this month after eight consecutive months of net outflows, crypto options trading platform BIT said on X. However, the platform noted that overall fund flows remain weak and that demand has not been sustained, with the exception of temporary inflows last July and August. It added that it is difficult to view Wall Street as a source of consistent demand. Compared to BTC-related financial products, demand for ETH products is decidedly weaker, which BIT suggests is a sign that Wall Street still prefers Bitcoin.

Authorities in Cape Town, South Africa, have seized a luxury vehicle linked to cryptocurrency investment scams and money laundering, Bitcoin.com reported. During a nighttime operation, Cape Town Mayor Geordin Hill-Lewis and local police confiscated a silver Mercedes-AMG GLE valued at $153,000, which had been falsely registered as a white BMW. Authorities stated that such high-end vehicles are used by self-proclaimed crypto and forex traders and finfluencers to flaunt wealth and lure victims into fraudulent schemes. The seizure follows a March report from the Global Initiative Against Transnational Organized Crime (GI-TOC) that identified South Africa as an emerging hub for organized crypto fraud. The report noted that international criminal organizations based in Cape Town and Johannesburg are conducting global scams using deepfakes, cloned apps, and fake investment platforms. These illicit funds are reportedly laundered through crypto wallets, money mules, and physical assets like unregistered luxury cars.

The cryptocurrency market has already bottomed out and entered a key inflection point for a rebound, according to Tushar Jain, co-founder and managing partner of crypto investment firm Multicoin Capital. Speaking on a recent podcast, Jain explained that investor sentiment has largely stabilized. He added that while application adoption is rising, asset prices are disconnected from their fundamentals, which he interprets as a signal of a market reversal. Jain described a "Perfect Storm" forming, where multiple conditions for a bull market are aligning simultaneously. He also expressed long-term optimism for the growth potential of Solana (SOL), Hyperliquid (HYPE), and Zcash (ZEC). Jain highlighted SOL as an ideal infrastructure for spot trading and security tokens and noted that HYPE is the dominant leader in the on-chain derivatives market. Furthermore, he emphasized that ZEC carries on the cypherpunk spirit and could potentially join the top five projects by market cap in the future.

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: 49.57% long, 50.43% short - Binance: 48.03% long, 51.97% short - OKX: 49.06% long, 50.94% short - Bybit: 47.93% long, 52.07% short

Three of eight chart masters affiliated with CoinNess have forecast a decline for Bitcoin this week, while the remaining five expect the price to rise. The highest price target cited is $67,000, and the lowest is $51,500. Note: Please vote via the link for the directional and price target forecast that most closely matches your own opinion. One hundred participants will be selected by lottery to receive a coffee coupon.

AI-based small businesses could drive future growth in stablecoin transaction volume, according to a second-quarter industry report from Australian cryptocurrency exchange Swyftx, as reported by Cointelegraph. The report projects that the global gig and freelance payment market will expand to $2.1 trillion by 2033, with AI-based workers accounting for $775 billion of that total. Swyftx's base assumption is that stablecoins will be used for approximately 33% of these payments, which would amount to around $262 billion in annual settlements. The report added that micro-enterprises with fewer than five employees are among the fastest adopters of AI. It also highlighted a growing trend of sole proprietors and one-person startups, many of whom are sensitive to overseas remittance fees and transaction costs, making stablecoin payments an attractive option.

The Spot Cumulative Volume Delta (CVD) chart provides an order book analysis for the BTC/USDT spot pair. The upper section displays a Volume Heatmap, while the lower section shows the CVD. - The Volume Heatmap tracks the volume of trades at specific price levels. The background color brightens when the price remains in a certain range for an extended period or experiences significant movement. These brighter areas may act as potential support or resistance levels. - The CVD indicator at the bottom represents buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. The yellow line tracks orders between $100 and $1,000, while the brown line represents large orders ranging from $1 million to $10 million.

Thailand's central bank is intensifying its surveillance of stablecoin and cash transactions within the "gray economy," a sector operating in a regulatory blind spot, Cointelegraph reported. The central bank will collaborate with Thailand's Securities and Exchange Commission (SEC) to actively monitor large-scale stablecoin transactions in an effort to combat money laundering, illicit finance, and gray money. The initiative will specifically focus on USDT, high-value cash transactions, and foreign exchange deals to detect and block illegal fund flows.

The Korea Exchange has triggered a circuit breaker for the first time in four trading days after the KOSPI index plunged by more than 8%. Trading will be halted for 20 minutes.

A hacker who stole a Robinhood founder's wallet address used it to orchestrate a memecoin pump-and-dump scheme, according to Michael, the Chief Business Officer (CBO) of crypto wallet TokenPocket. He explained that the founder's mnemonic phrase was leaked during a live broadcast yesterday. The hacker immediately seized control of the wallet and bought a large quantity of the memecoin '$1'. Mistaking this for a purchase by the Robinhood founder, numerous investors followed suit, causing the token's market cap to soar from $500,000 to $14 million in a short period. The price of '$1' subsequently crashed. After the compromised address was frozen, the hacker moved to the BNB Chain (BSC), issued a new token, and inflated its volume through wash trading to cash out. Michael added that Robinhood's RPC has now blocked the address, and network nodes are no longer including transactions from the wallet in new blocks, effectively immobilizing any remaining funds.

A whale specializing in ETH/BTC ratio trading swapped 13,708 ETH, worth $25 million, for 393.4 BTC about 30 minutes ago, according to an analysis by EmberCN. The trade was executed at an ETH/BTC ratio of approximately 0.02855. EmberCN explained that the trader's goal is to increase their total cryptocurrency holdings. Their strategy involves swapping BTC for ETH when the ETH/BTC ratio falls, thereby increasing their ETH balance. Over the past six months, the trader has repeated this strategy multiple times, increasing their ETH holdings by approximately 6,475 ETH, valued at around $11.78 million.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $56.43 million liquidated (81.11% longs) - ETH: $60.98 million liquidated (52.79% shorts) - SKHYNIX: $8.57 million liquidated (99.67% longs)

Japanese Prime Minister Sanae Takaichi has announced a policy to expand funding from the government and financial institutions for startups, including those in the Web3 sector, Coinpost reported. In a video message at the opening of the WebX 2026 conference, Takaichi introduced the 'Total Support Package for Startups,' which was established in May 2025, and vowed to accelerate the industry's growth. She stated that a synergy between government efforts and the networking opportunities at WebX 2026 would further advance Japan's innovation ecosystem. The report notes that former prime ministers also participated in the conference in 2024 and 2025, suggesting the government's pro-Web3 stance has remained consistent through leadership changes.

According to CoinNess market monitoring, BTC has fallen below $63,000. BTC is trading at $62,991.99 on the Binance USDT market.

South Korea's KOSPI index fell more than 6% to drop below the 7,000-point level during intraday trading, a first since May 4. The index is currently trading at 6,980.63, down approximately 6.63%.

Progmat, a cryptocurrency platform under Japan's Mitsubishi UFJ Financial Group, has announced the migration of $3 billion in security tokens to the Avalanche (AVAX) Layer 1.