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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.

The Infinite (IN) Foundation announced via its official X account that it has completed a $1.5 million buyback of its native token. The foundation added that it plans to continue the buybacks based on its assessment of IN's valuation. Additionally, Infinite plans to launch an AI-managed trading vault marketplace this week.

Stable (STABLE), a Layer 1 blockchain centered on the world's largest stablecoin USDT, announced today via its official X account the launch of its global USDT payment app, StablePay. Stable explained that the StablePay mobile app provides integrated USDT payment and deposit services. The company added that users can easily send and receive USDT using 'StableName' instead of long, hard-to-remember wallet addresses, stating its belief that sending stablecoins should be as simple as sending a text message.

BNB Chain announced it has burned a total of 1,615,800 BNB, worth approximately $913.7 million, as part of its 36th scheduled burn for the second quarter.

American actor and cryptocurrency critic Ben McKenzie is lobbying senators to oppose the CLARITY Act, U.Today reported. He has consistently argued for stronger regulation, citing a lack of transparency and investor protection within the crypto industry. In response, Ripple Chief Legal Officer (CLO) Stuart Alderoty called McKenzie's criticism stale, noting that tens of millions of Americans are already finding cryptocurrency useful in their daily lives. The CLARITY Act passed the Senate Banking Committee in May and now awaits a full Senate vote and reconciliation with the House. The industry views an ethics provision aimed at preventing conflicts of interest related to the Trump family's crypto businesses as a key component of the bill. The final deadline for its passage is considered to be before the congressional recess in August.

The reactivation of dormant Bitcoin supply, often seen as a source of selling pressure, is expected to decrease sharply this year, according to Alex Thorn, head of research at Galaxy Digital. In a post on X, Thorn noted that a significant amount of dormant BTC was already reactivated over the past two years, a volume second only to 2017. He added that the "Great Distribution" phase of this cycle, marked by the movement of older coins, is now largely complete. Thorn estimates that the volume of reactivated dormant BTC this year will be less than half of last year's total.

Decentralized exchange (DEX) Aster (ASTER) has announced a promotional campaign with a total reward pool of $15,000 for users who hold and trade SKHYB. According to its official X account, the event runs from 10:00 a.m. UTC on July 15 to 10:00 a.m. UTC on July 22. The exchange also noted that users can deposit SKHYB into an Aster perpetual futures account in "Multi-Assets Mode" to use up to 90% of its market value as collateral. This feature enables trading across all perpetual futures markets without needing to sell the stock token. SKHYB is a security token pegged 1:1 to SK Hynix stock, issued through BTECH Holdings Ltd, a security token platform under Binance.

U.S. Central Command announced it began a series of military strikes against Iran at 6:00 a.m. on July 15. The command explained the strikes are intended to further degrade the military capabilities used by Iranian forces to attack merchant vessels in the Strait of Hormuz.