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Binance announced in a recent report that its share of global stablecoin deposits has reached 57%, totaling $53 billion. The exchange noted that the gap between it and the second-largest exchange has widened to $42 billion. Additionally, Binance stated that from January to May, its trading volume in perpetual futures contracts related to traditional finance (TradFi) exceeded $500 billion, capturing approximately 47% of the market's total $1.1 trillion cumulative volume.

Bitfinex Alpha noted in its latest report that Bitcoin may have begun to form a market bottom, highlighting a lack of significant selling pressure even after a large BTC sale by Strategy. The report pointed out that BTC has rebounded from its cycle low of $57,803 and that supply and demand dynamics are improving, with spot ETFs recording net inflows for three consecutive trading days. However, Bitfinex Alpha cautioned that a stable recovery to around $71,500 is necessary to confirm a macroeconomic bottom. The firm added that the next two to three months will be a critical period for determining whether a phased bottom is being established.

TBook, a real-world asset (RWA) liquidity layer, announced it will offer payment, deposit yield, and wallet services on the Sui (SUI) blockchain. According to the announcement, this will enable businesses to embed financial functions into their own services and build neobank-style offerings.

BNB Chain has announced it is building a new Layer 1 blockchain optimized for AI agent-based trading. According to its technology roadmap for the second half of 2026, the new chain aims to achieve execution speeds comparable to centralized exchanges (CEX) while allowing users to maintain self-custody of their assets. The goal is to reduce transaction pre-confirmation times to under 50 milliseconds (ms). Notably, it will introduce a "TxStream" architecture that eliminates the public mempool to prevent front-running. In this structure, transactions are sent directly to the block producer, fundamentally blocking sandwich attacks. Block producers will rotate every 200ms to minimize the risk of monopoly or censorship. The chain is being developed to target a throughput of over 100,000 TPS, incorporating features like parallel execution. The chain is scheduled to launch its testnet by the end of 2026, with a mainnet release planned for early 2027.

SBI VC Trade, an exchange under Japan's SBI Group, stated that corporate demand for BTC and XRP is on the rise as companies seek to diversify their assets amid the yen's persistent weakness. The company added that its "SBIVC for Prime" service, designed for corporate and large-scale investors, has seen a significant increase in interest. According to the exchange, Japanese firms are adjusting their fund management strategies in response to the weak yen by incorporating cryptocurrencies into their reserve assets, which has driven the service's popularity. Furthermore, a growing number of companies are opting to use BTC and XRP as part of their shareholder incentive programs. Meanwhile, SBI VC Trade announced that its number of registered accounts surpassed two million as of July 6, more than doubling from one million in 2025.

Bitwise Chief Investment Officer (CIO) Matt Hougan said on X that cryptocurrency will become a key industry in creating the next generation of economic rules, commenting on a recent speech by U.S. Treasury Secretary Scott Bessent. Hougan noted that Bessent stated digital assets, stablecoins, tokenization, and new payment systems will shape the future of money, and that the U.S. should not be a bystander to that future. He added that these remarks show the U.S. government is prioritizing the development of the crypto industry and views digital assets as a core component of the future financial system and economic competition.

Kaito (KAITO) is up 33% on Binance, trading at 0.8300 USDT.

Strategy CEO Phong Le announced via social media that the company increased its Bitcoin holdings by 10% over the last three months, from April 6 to July 6, reaching a total of 843,775 BTC. He added that during the same period, the company's U.S. dollar deposits also grew by 13% to $2.55 billion, ensuring sufficient liquidity. Le also highlighted that the company's year-to-date return on Bitcoin, which it views as a key indicator of shareholder value creation, has more than doubled from 3.7% to 7.8%. He suggested this demonstrates that the company's strategy of purchasing Bitcoin through stock issuance and capital raising is effectively increasing value for its shareholders.

Cryptocurrency exchange OKX, which has Chinese roots, has obtained a Markets in Financial Instruments Directive (MiFID) license in Europe, founder Star Xu announced on X. This allows the exchange to offer European users not only cryptocurrency services but also commodity and stock derivative products under the MiFID regulatory framework.

Kazakhstan's President Kassym-Jomart Tokayev has signed a decree aimed at innovating the legal and economic framework for the country's digital asset market and establishing it as a global hub. According to the presidential office (Akorda), the decree on measures to promote and activate the digital asset industry is centered on bringing the entire virtual asset ecosystem into the regulatory fold to increase market transparency, attract foreign investment, and create high-tech jobs. The measures include tax benefits for the industry, support for stablecoin payments, and the promotion of digital asset mining using natural gas.

U.S. Bitcoin miners must demonstrate their ability to help stabilize local power grids by next year, CryptoSlate reported. The U.S. Energy Information Administration (EIA) forecasts that national electricity consumption will rise from 4,195 TWh in 2025 to 4,399 TWh in 2027. As a result, the outlet noted, mining companies will face increasing pressure to prove their flexible power operation capabilities, such as voluntarily reducing electricity use during periods of peak demand. Failure to do so could lead to contracts with higher electricity rates or unfavorable grid connection reviews after 2027.

According to MSX.COM, crypto-related stocks are broadly lower in pre-market trading as Bitcoin has fallen more than 2%. Coinbase Global is down 3.5%, Bit Digital has dropped 3.6%, and Strategy has slipped 4.1%. Additionally, Riot Platforms is down 4.4%, Hut 8 Corp has fallen 4.9%, and MARA Holdings is also trading 3.5% lower.

Prominent crypto analyst Michaël van de Poppe stated on X that Ethereum is a better investment choice than Bitcoin going forward. He noted that Ethereum is not only highly resilient but has also returned to an uptrend for the first time in a year. Van de Poppe added that during Bitcoin's recent correction, Ethereum held its ground without a significant decline. He personally anticipates that a correction for Ethereum will likely only occur when Bitcoin experiences a strong, volatile upward surge.

A wallet address belonging to Elon Musk's space company SpaceX, which holds around 18,712 BTC, has transferred $88 worth of BTC to another SpaceX address for the first time in about six months, according to Arkham. The move is presumed to be a test transaction.

Less than a week after U.S. stock and crypto trading app Robinhood (HOOD) launched its proprietary Layer 2 network, Robinhood Chain, trading volume on the network via the Uniswap protocol has reached $250 million, The Block reported.

Ionet (IO) announced on its official X account that it has burned one million IO tokens in the first month since implementing its burn mechanism. The move follows the network generating cumulative revenue of $25.75 million. In June, Ionet unveiled its new tokenomics model, the Incentive Dynamic Engine (IDE). The core feature of the IDE is the permanent burning of IO tokens using revenue from service usage, which adjusts the token supply based on network activity.

Nigel Farage, leader of the hardline conservative party Reform UK, has announced he will resign from his seat in the House of Commons and run in a by-election amid an investigation into illegal crypto lobbying. According to The Block, Farage announced his resignation on X, denying the allegations and stating there was no wrongdoing or misuse of public funds. He is currently under investigation for allegedly lobbying the Bank of England on cryptocurrency policy after receiving an undeclared donation of £5 million ($6.7 million) from Christopher Harborne, a major shareholder in Tether.

The XRP Ledger (XRPL) has released its server software V3.2.0, CoinDesk reported. The new version includes features designed to reduce network operating costs and improve stability, along with enhanced security for single-asset vaults, permissioned decentralized exchanges (DEX), multi-purpose tokens (MPT), and lending protocols. It also adds a function to prevent residual data from being left behind by deleted accounts. However, for the upgrade to be implemented, it must be supported by over 80% of validators on the Unique Node List (UNL) for two consecutive weeks. Meanwhile, a separate on-chain vote is underway for an amendment containing security fixes.

Jeff Walton, Chief Risk Officer (CRO) at strategic Bitcoin investment firm Strive, has assessed Strategy's recent sale of 3,500 BTC as effectively bullish news that will help the company purchase more Bitcoin in the future, according to BitcoinTreasuries. He explained that the sale supports Strategy's financial structure and enhances its capacity for future growth, ultimately serving as a foundation for acquiring additional Bitcoin. Walton added that MicroStrategy (MSTR) shareholders should therefore view this shift in asset management positively.

India's central bank has reaffirmed its position that its cryptocurrency policy should be geared towards a ban, Reuters reported. According to an Indian government document reviewed by the outlet, major government agencies in the country favor stricter regulations on crypto. However, the Indian government has not yet finalized an official policy to either fully ban or regulate cryptocurrencies.

According to CoinNess market monitoring, BTC has fallen below $62,000. BTC is trading at $61,976 on the Binance USDT market.

The Hyperliquid (HYPE) team is earning $1 million in daily interest from its staked HYPE holdings, EmberCN reported. According to the report, the team was allocated 238 million HYPE ($16 billion), all of which is currently staked, generating a daily yield of 14,400 HYPE. In the 1.5 years since the token's listing, the team has accumulated 8.08 million HYPE ($565 million) in staking rewards and has sold approximately 4.93 million of those tokens. As a result, the team's current holdings are estimated to be 241 million HYPE ($16.5 billion), exceeding its initial allocation.

U.S. President Donald Trump stated that he considers the negotiations for a memorandum of understanding (MOU) with Iran to be over. He added that he does not want to deal with them, calling them sick people.

Canton Network (CC) is evolving beyond real-world asset (RWA) tokenization to become an integral part of the financial market's structure, according to a new report from Asian Web3 research and consulting firm Tiger Research. The firm highlighted Canton's institution-focused design, which uses smart contracts to protect sensitive trade secrets while eliminating transaction risk through atomic settlement—the real-time, simultaneous exchange of assets and payments. In its report, titled 'The Capital Market Below the Iceberg: The Financial Infrastructure Canton Network is Changing,' Tiger Research noted that the network is expanding from the West into Asia. In South Korea, participants in its ecosystem include Hanwha Investment & Securities, Shinhan Investment & Securities, Shinhan Asset Management, and KB Securities. New businesses and products leveraging Canton's technology are also emerging in Japan, Hong Kong, and Singapore. The report argued that the current market focus on asset tokenization is merely the "tip of the iceberg," with a market worth trillions of dollars hidden beneath it that could fundamentally reshape traditional finance. Tiger Research stressed that for financial firms, joining this trend is "a matter of survival, not choice," urging them to learn from companies that lost their lead by hesitating to adopt the internet.

AmberCN reported that HyperLabs deposited 452,000 HYPE, worth $32.3 million, to an address associated with market maker Flowdesk. A portion of these funds was subsequently sent to OKX, Bybit, and Gate.io. In response, analytics firm Hubzy, formerly Spot On Chain, noted that selling through a market maker is a clear sign of supply pressure. The firm added that Flowdesk's deposits to exchanges suggest the sell-off may still be in progress and advised monitoring the HyperLabs wallet for further withdrawals, as any additional token movements could create more direct selling pressure.