Track market-moving stories before they get noisy

DECRYPT: Bitcoin Trades at $63K Amid Risk-off Sentiment Following U.S. and Iran Airstrikes

Why Did A Dormant Bitcoin Wallet Draw Market Attention? A long-dormant bitcoin whale moved 2,931 BTC to a new wallet address on Sunday, ending more than seven years of inactivity and drawing attention from onchain analysts watching older supply re-enter circulation.

The transfer was worth roughly $188 million at the time of movement. The whale address had last moved the bitcoin on Oct. 23, 2018, when bitcoin traded near $6,475. Based on that reference price, the holdings have increased nearly tenfold in value since the wallet’s last activity.

Onchain Lens, citing Arkham data, said the wallet identified as “356my…BAsmK” transferred the 2,931 BTC to an unmarked address, “bc1qn…8gp25,” at around 3:41 p.m. ET. The recipient wallet had not moved the bitcoin again after receiving the funds.

The reason for the transfer remains unclear. Dormant whale movements can reflect custody changes, internal wallet restructuring, inheritance planning, collateral preparation, or a potential intention to sell. Without movement to an exchange or identifiable trading venue, the transfer alone does not confirm that a sale is imminent.

What Does The Transfer Say About Older Bitcoin Supply? Large dormant-wallet activity is closely watched because older bitcoin supply is often treated as high-conviction holding. When coins remain untouched for years, analysts tend to view them as less likely to enter active market circulation. A sudden movement can therefore attract attention even when there is no immediate selling pressure.

This case is notable because of the length of inactivity and the change in market value. The wallet last moved coins during the 2018 bear-market period, when bitcoin traded below $7,000. Moving the same holdings after a nearly tenfold increase highlights how much unrealized profit long-term holders can still carry across older wallet cohorts.

For traders, the key question is not the transfer itself but the next destination. A move to a fresh unmarked address usually leaves several possibilities open. A later transfer to an exchange would carry a stronger market signal because it could indicate preparation for liquidation. A continued hold in the new wallet would suggest custody rotation rather than immediate distribution.

Investor Takeaway The whale transfer is a monitoring event, not proof of selling. The market impact depends on whether the 2,931 BTC remains in the new wallet, moves into custody infrastructure, or is sent to an exchange where liquidity could be tapped.

Why Do Whale Wallets Matter For Bitcoin Market Structure? Bitcoin whale movements can influence sentiment because large holders control enough supply to affect order books if they decide to sell. A $188 million transfer is not large enough to define the market on its own, but it can still shape short-term positioning when liquidity is thin or when traders are already sensitive to macro pressure and ETF flows.

Old-wallet activity also matters because it can challenge the assumption that dormant supply is permanently inactive. Bitcoin’s long-term holder base includes early miners, early adopters, institutional custodians, lost wallets, and entities that have held through several market cycles. When a wallet reactivates after years, the market does not immediately know which category it belongs to.

That uncertainty is why onchain labels are important. In this case, the receiving wallet is unmarked. The absence of a known exchange label weakens the case for an immediate bearish interpretation, but it does not remove the need to track follow-on transactions.

During periods of elevated prices, dormant whale movements tend to become more visible because long-held coins carry larger dollar values. The same number of bitcoin that looked modest in earlier cycles can now represent hundreds of millions of dollars in potential supply.

How Should Investors Read The Move? The transfer fits a broader pattern in which older bitcoin holders occasionally move assets after long periods of inactivity, especially when prices are near historically high levels or when market liquidity allows large holders to rebalance more easily.

During bitcoin’s all-time high period last year, several large holders moved coins after decade-long dormancy. One individual or entity moved more than $8.7 billion worth of bitcoin in July 2025 after 14 years of inactivity, showing that dormant-wallet reactivations can occur at much larger scale.

For investors, the main takeaway is that whale movement should be interpreted in stages. A wallet reactivation shows that old supply is no longer completely dormant. A transfer to a new private address suggests repositioning. A move to an exchange or broker would carry stronger selling implications. A sale confirmed through exchange inflows or order-book activity would be the clearest market event.

Until then, the 2,931 BTC transfer remains an onchain risk marker rather than a confirmed supply shock. It shows that long-term holders can become active after years of silence, but it does not yet show that the whale has decided to exit the position.

15h05 ▪ 5 min read ▪ by Mikaia A.

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You don’t often hear such news in the crypto mining world. Yet, when they arise, a breath of hope sweeps through the entire community. A bitcoin miner just hit the jackpot with a low-end machine. A story that defies all statistics and questions the very nature of chance.

In brief A solo miner using a 150-dollar Bitaxe Gamma mined a bitcoin block on July 9, 2026. The total reward amounts to 3.1382 BTC, approximately 200,000 dollars at the time of mining. The Bitaxe had been running for eight hours with a hashrate of 995.2 GH/s versus the network’s 874 EH/s. In the past year, solo miners have found 24 blocks, up 41% compared to the previous year. 874 EH/s vs 1 TH/s : the Bitaxe takes on bitcoin’s giants Again the same story with a low-price device? On July 9, 2026, at 03:30 UTC, a small box about the size of a palm beat the mining giants. A solo miner using a Bitaxe Gamma mined block #957382 via Public Pool, claiming 3.1382 BTC, approximately 200,000 dollars.

The device, sold between 60 and 150 dollars, had been running for eight hours with a hashrate of 995.2 GH/s.

Meanwhile, the bitcoin network was deploying 874 exahash per second. The comparison to an ant facing a herd of elephants is no exaggeration. The Bitaxe is powered by the BM1370 chip, consumes 15 to 21 watts, and plugs into a household outlet. 

This toy for enthusiasts, designed for learning, just proved that mining lottery remains accessible to all. How could such a modest device beat industrial machines? The answer lies in the very essence of the bitcoin protocol: every hash has an equal chance to solve the block. 

The mining difficulty does not affect the individual probability of each attempt.

Solo mining explodes : 24 bitcoin blocks in one year, a dream for small crypto miners Since the beginning of 2026, solo crypto miners have found 12 bitcoin blocks. Over the last twelve months, the total reached 24 blocks, up 41% compared to the previous year. Total rewards amount to 75.44 BTC, with an average interval of 15.2 days between each discovery. 

This success is not a matter of chance: mining difficulty dropped by 5% on July 12, falling to 127.17 T.

At the same time, Public Pool, which charges 0% fees in solo setup, is becoming a preferred choice for enthusiasts. 

Meanwhile, mining giants like Bitdeer and MARA Holdings are turning to AI, freeing up symbolic space for smaller players. This economic paradox raises questions: why are the big players abandoning the ship when small ones find their place? The answer lies in electricity costs and profitability.

Small BTC miners, with their low energy expenses, can still pull through in this challenging environment.

Never let anyone tell you that you can’t mine a block ! The Bitaxe story spread like wildfire on the X platform. Under the hashtags #Bitaxe and #SoloMining, the crypto community celebrates this feat with contagious enthusiasm. “Don’t let anyone tell you that you can’t mine a block!!!” proclaims a post that went viral.

However, this success also fuels a sometimes misleading fantasy. Most solo crypto miners mine for years without ever finding anything. Sites tracking solo successes, like Soloblocks.io, log a handful of wins among thousands of participants. 

The Bitaxe faced odds of 1 in 874 million, a staggering figure. A miner with 70 TH/s on CKpool, meanwhile, has odds of 1 in 100,000 per day. The gap between these probabilities remains abyssal and reminds us that exceptions do not make the rule.

Key figures of the jackpot: Total reward: 3.1382 BTC (200,000 dollars); Device hashrate: 995.2 GH/s; Network hashrate: 874 EH/s; BTC price at the time of writing: 62,996 dollars. Bitcoin mining has long generated losses for small miners, faced with increasing difficulty. Yet, a new wind now blows across the sector. Mining difficulty has just declined, offering welcome relief for those who persevere.

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Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Strategy (MSTR) sold about $466.7 million worth of its stock last week and put the proceeds toward cash rather than bitcoin, according to an 8-K filing with the Securities and Exchange Commission on Monday. The move lifted the company’s U.S. dollar reserve to $3 billion and marked another week without a purchase from the largest corporate holder of bitcoin.

Between July 6 and July 12, the Michael Saylor–led firm sold 4,818,781 Class A common shares through its at-the-market equity program. It issued no preferred stock under its other ATM facilities during the period. 

The company said the fresh cash pushed its dollar reserve up by some $450 million, and that it holds the reserve to cover dividend payments on its preferred stock and interest payments on its outstanding debt.

Strategy neither bought nor sold bitcoin over the week. Its holdings stand at 843,775 BTC, a position the company acquired for an aggregate price of about $63.69 billion including fees and expenses, at an average of $75,476 per coin. 

At current prices near $63,000, that stack is worth about $53 billion, which leaves the firm with roughly $10.7 billion in paper losses. The holdings equal around 4% of bitcoin’s 21 million supply cap.

Markets read the filing without much enthusiasm. MSTR fell close to 3% in premarket trading on Monday, extending a slide that has erased 38% of the stock’s value since the start of the year. Bitcoin dropped through the weekend to trade around $62,500, a decline that pulled the so-called bitcoin proxy lower with it.

A shift in Saylor’s posture For most of Strategy’s history, the pattern ran one direction: raise capital, buy bitcoin, repeat. This year has broken that rhythm. The company has leaned on a wider capital structure, and its recent disclosures show cash building rather than coins.

The clearest break came on July 5, when Strategy sold 3,588 BTC for $216 million — the largest bitcoin sale in its history. The disposal followed a Sunday post from Saylor on X, part of a weekly ritual that market watchers treat as a signal. 

In the past, captions such as “A good time to add more dots” and “Looks better with more dots” landed ahead of purchase announcements. The tone has turned harder to read. A June 28 message reading “We’re gonna need more charts” preceded a new capital framework instead of a buy, and Sunday’s post, captioned “Orange dots tell only part of the story,” arrived before a filing that showed no purchase at all.

The building block behind the change is STRC, a preferred instrument that expanded the company’s capital structure and created new obligations to service. That structure is what makes the cash reserve matter. Dividend and interest commitments now form a fixed cost that 

Strategy must meet whether bitcoin rises or falls, and the dollar reserve exists to keep those payments funded.

How much runway does Strategy have? For now, the near-term picture looks manageable. A $3 billion reserve gives Strategy a cushion against its dividend and interest commitments, and Monday’s filing shows the company can raise cash without touching its bitcoin. 

Selling stock dilutes shareholders but leaves the treasury whole; selling coins does the opposite. This week, Strategy chose the first path.

The open question is what happens if the choice starts to narrow. As long as the equity market absorbs new share sales at prices the company finds workable, the ATM program can fund its obligations. A sustained slide in MSTR, or a longer bitcoin downturn, would tighten that math and could turn optional sales into forced ones.

The firm’s paper losses give the shift its weight. Strategy sits on about $10.7 billion in unrealized losses, and its stock has surrendered 38% this year. Against that backdrop, the pivot from buyer to cash-builder reads less as a retreat than as a company managing a capital structure that now carries fixed costs of its own.

Bitcoin traded flat near $62,500 in the hours after the disclosure.

Micah Zimmerman

Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.

Bitcoin’s long-term valuation model suggests it could have significant upside potential, with its next investor-top target set near $437,000. In the near term, however, analysts point to possible short-lived price advances before a reversal towards lower support levels.

Cycle Model Signals Potential for Six-Figure BitcoinAccording to a model constructed on Bitcoin’s two-year simple moving average (SMA), the major cryptocurrency may be far from its projected cycle top. The model, followed by market analyst Michaël van de Poppe, sets the upper boundary for the ongoing cycle at around $437,000, with van de Poppe indicating that a move above $500,000 cannot be excluded if momentum builds.

The two-year SMA model measures Bitcoin’s long-term valuation by identifying underlying accumulation and overheated phases. The lower band, which follows two times the SMA, is viewed as a region where large investors tend to accumulate Bitcoin during market lows. The upper band, calculated at five times the same moving average, has historically coincided with cycle tops and periods of extreme euphoria.

Currently, Bitcoin trades close to the lower investor band near $64,000, positioning it well beneath the cycle’s upper limit, according to the chart shared by van de Poppe. Despite this distance, there is no assurance that Bitcoin’s price will reach $437,000 during this cycle, as market factors and investor sentiment can shift unexpectedly.

Van de Poppe, a well-known Dutch market analyst and educator in the cryptocurrency sector, stated that the last market cycle ended with a more modest advance than many traders had anticipated. He argued that this may prompt investors to remain cautious and take profits early, potentially missing out if the current bullish trend strengthens further.

Van de Poppe has explained that many may use the previous cycle as a psychological anchor, which could trigger premature sell-offs in the event of stronger upward momentum.

A move to the $437,000 target would require an expansion in demand, deeper liquidity, and increased risk-taking from market participants. Bitcoin would also need to hold above prior highs and maintain a robust long-term uptrend, while avoiding any decisive drops below the model’s lower boundary.

While the model provides an ambitious projection, it does not specify a timeline nor guarantee a breakout to new all-time highs. The target should be interpreted as a cyclical estimate rather than a predetermined outcome.

Mini dictionary: Two-year simple moving average (SMA): A technical analysis tool that tracks the average closing price of an asset over a two-year period. In Bitcoin’s case, it is often used to identify long-term trends and potential support or resistance zones in market cycles.

Short-Term Resistance and Support LevelsOn a shorter timeframe, Bitcoin may attempt to sweep above recent highs near $64,664 as traders position themselves before the consumer price index (CPI) data release. The analysis projects that this move could encounter resistance between $64,700 and $65,200, followed by a sharp reversal if buyers fail to establish support above that range.

The zone above $64,664 contains a liquidity pool likely filled with short stop-losses and breakout buy orders. A rapid move through this area could trigger a brief price spike as liquidity is collected, but may not result in a sustained rally if sellers regain control.

Van de Poppe indicated that the CPI release may provide the volatility needed to trigger such a sweep. However, for the outlined bearish scenario to play out, Bitcoin’s price would need to drop back below $64,664 after the run-up, signaling that the breakout failed to attract enduring buying pressure.

The analysis highlights that Bitcoin’s initial downside support is near $62,100, with heavier support between $59,700 and $61,000 if the retracement deepens.

If sellers maintain momentum below $62,100 and especially under $61,000, analysts foresee that the lower liquidity targets closer to $59,700 may become relevant. Conversely, should Bitcoin clear $65,200 and stabilize above these former highs, the outlook could turn bullish as buyers demonstrate enough strength to absorb existing liquidity and push the market higher.

LevelKey ActionImplication$64,700-$65,200Potential resistance, possible price sweepRejection could trigger reversal$62,100First supportHolds if minor retracement$59,700-$61,000Deeper support/liquidity zoneTarget if correction accelerates$437,000Cycle model topRequires major breakoutDisclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Strive, Inc. (Nasdaq: ASST) bought 18 bitcoin last week, a modest addition that lifted the Dallas-based company’s treasury to 19,900 coins, according to an 8-K filing with the Securities and Exchange Commission on Monday.

The purchases ran from July 6 through July 10 at an average price of about $64,028 per bitcoin, including fees and expenses, for a total of some $1.2 million. The buy is small next to Strive’s earlier moves this year, and it tracks a bitcoin price that has fallen well below the levels the firm paid in prior rounds.

Alongside the purchase, Strive reported cash and cash equivalents of $154.1 million as of July 10, up $700,000 from July 2. The company still holds 505,000 shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC, with a fair value of $44.2 million, down $202,000 over the same stretch. 

Its own preferred instrument, the Variable Rate Series A Perpetual Preferred Stock that trades as SATA, remains at 7.83 million shares outstanding.

Strive’s jump from an asset manager to treasury company Strive traces its bitcoin strategy to a fast run of moves that began last year. Vivek Ramaswamy and Anson Frericks founded Strive Asset Management in 2022, and in 2025 the firm went public through a reverse merger with Asset Entities, taking the ASST ticker and reframing itself as the first public asset-management bitcoin treasury company. Its stated aim is to accumulate bitcoin and outperform the asset over the long run.

The accumulation came in bursts. Strive bought 1,567 bitcoin in late 2025 at an average of $103,315 and funded the effort through preferred-stock offerings. In January 2026, it added 123 more at $91,561 and won Semler Scientific shareholder approval for an all-stock acquisition that would bring about 5,048 bitcoin onto its balance sheet. 

The combined company would hold close to 12,800 coins at that time, a total that would rank among the largest corporate holders and place it ahead of names such as Tesla and Trump Media. By May 1, Strive’s own treasury had reached 15,000 bitcoin.

A smaller step in a lower market Monday’s filing shows a different pace. An 18-coin purchase at $64,028 stands in contrast to the six-figure prices Strive paid a few months ago, a gap that reflects a broad decline in bitcoin through the first half of the year.

The measured addition, paired with a cash balance that held near $154 million, points to a company adding to its position at a slower cadence while it works through the Semler deal.

Micah Zimmerman

Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.

13h05 ▪ 5 min read ▪ by Evans S.

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Bitcoin sees its dominance challenged by Ethereum on a closely watched indicator: the ETH/BTC ratio. Rising to 0.02858 BTC, Ethereum breaks a resistance of several weeks. For Tom Lee, this movement may signal a return of altcoins. But the signal remains fragile, as bitcoin still holds the psychological advantage in the market.

In Brief Ethereum gains ground against bitcoin with an ETH/BTC ratio at 0.02858. Tom Lee sees this move as a possible signal of altcoins returning. Bitcoin still retains its central role in guiding the market. Bitcoin remains the dominant asset in the market, but Ethereum has just gained some ground. The ETH/BTC ratio has broken a resistance level established since June, a move traders often interpret as the beginning of a rotation with the fall of Bitcoin’s dominance.

The ETH/BTC ratio measures Ethereum’s performance against bitcoin. When it rises, it means ETH is advancing faster than BTC or resisting the decline better. It is not just a technical figure. It is a barometer of risk appetite.

Tom Lee, president of Bitmine and co-founder of Fundstrat, believes this breakout could signal a broader crypto market awakening. According to him, Ethereum benefits from a stronger narrative around stablecoins, tokenization, and new financial applications.

Ethereum Benefits from the Tokenization Narrative Ethereum remains at the center of several trends attracting investors. Stablecoins circulate massively on its infrastructures and related solutions. The tokenization of financial assets also strengthens the idea that Ethereum can become a settlement layer for Wall Street.

Tom Lee summarizes this thesis with a simple phrase. Ethereum could rediscover a monetary narrative. In this scenario, ETH would no longer be just the fuel of a network. It would become a strategic asset, used to capture part of the value created by on-chain markets.

This interpretation explains why altcoins closely watch the ETH/BTC ratio. Historically, a stronger Ethereum against bitcoin often precedes phases where capital shifts toward riskier tokens.

The market is not yet talking about a confirmed altseason. But it is starting to look for support. When bitcoin slows, investors look toward assets capable of catching up. But Ethereum’s rebound is still not enough to trigger a general rotation.

The ETH/BTC ratio remains below its major historical highs. It briefly touched 0.15 in 2017, a level still very far from the current market. Caution also comes from recent data. Despite this week’s rebound, the ratio is down 7.72% over three months. Ethereum is thus emerging from a long period of weakness against bitcoin.

Ethereum spot ETFs also experienced several weeks of capital outflows in June. This pressure has not entirely disappeared. It reminds us that institutional investors have not yet massively adopted the scenario of a sustained ETH comeback.

BTC Keeps the Role of Market Arbiter Even if Ethereum gains strength, bitcoin remains the center of gravity. A sharp BTC drop could still drag the entire market down. Stabilization, however, would give altcoins more room to breathe. This is where Tom Lee’s scenario becomes interesting. It does not rely solely on Ethereum. It also assumes a less hostile macro context, with falling oil prices, less inflationary pressure, and regulatory advances in the United States.

The CLARITY Act could play a role if investors see it as a lasting clarification for digital assets. Stablecoins and tokenization could then become stronger demand drivers for Ethereum and certain altcoins.

But the market has already seen false breakouts. Traders will therefore need to watch if ETH/BTC holds above its breakout zone. They will also need to verify if liquidity truly leaves bitcoin to move to other assets.

The signal is there, but it has not yet won its case. Bitcoin loses some relative dominance, Ethereum regains voice, and altcoins start moving again. To turn this tremor into a real rebound, it will take more than a promising chart. It will require a durable rotation, capable of supporting the return of altcoins beyond just a few sessions of enthusiasm.

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Evans S.

Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Table of contents

For the first time since early May, U.S. spot Bitcoin ETFs booked a net positive week. The shift, detailed in the market update, shows $197 million in net inflows during the July 6-10 window, snapping an eight-week streak of persistent outflows. The inflow halted a period that had seen consistent weekly redemptions since mid-May, when Bitcoin’s price was grinding lower and macro headwinds curbed risk appetite.

The broader spot crypto ETF complex also showed signs of life. Spot Ethereum ETFs pulled in $84.42 million over the same period, likewise ending their own eight-week outflow run. Flows into smaller products remained fragmented: Solana ETFs collected $930,400 and HYPE ETFs took in $10.36 million, while XRP ETFs saw $7.18 million in net redemptions.

An End to the Prolonged Outflow Streak Eight consecutive weeks of outflows had drained confidence after first-quarter records. The reversal, even if modest, suggests that some investors are starting to re-engage with Bitcoin exposure at lower levels. With BTC trading well off its highs, the inflows could be early signs of bargain hunting or a rotation back into regulated vehicles ahead of potential catalysts.

The timing also aligns with a wave of institutional activity across the digital asset space. Just last week tokenized real-world assets breached the $20 billion mark on-chain, a milestone covered in the Weekly Tokenization Roundup. That broader institutional appetite may be bleeding back into ETF products after a two-month pause.

A Mixed Picture Across Crypto ETFs Not every ETF category shared the rebound equally. While Bitcoin and Ethereum products reversed their outflows convincingly, XRP ETFs continued to lose ground. The divergence may reflect different investor narratives. Ethereum continues to benefit from its dominant position in decentralized finance and developer activity — a trend highlighted in our look at the top blockchains by developer activity this week. Solana also maintained a solid developer base, which could explain its modest ETF inflows. In contrast, XRP’s regulatory overhang and the uncertainty around its legal status may be keeping sidelined capital parked elsewhere.

HYPE, a relatively small player, attracted over $10 million, suggesting that speculative appetite for niche altcoin ETFs hasn’t completely evaporated. But the aggregate numbers still lean heavily toward the two dominant assets.

What Remains Uncertain One week does not make a trend. Summer trading is notoriously thin, and ETF flows can reverse abruptly. The $197 million figure, while psychologically important for breaking the streak, is moderate by historical standards — far below the multi-hundred-million-dollar inflow days of early 2024. Whether the shift represents a genuine bottom or a temporary blip will be tested when the next weekly data arrives.

Regulatory crosswinds also add uncertainty. Days before the Senate is set to vote on the most significant crypto legislation in U.S. history, banking groups are pushing for last-minute changes — a high-stakes fight described in our coverage of the upcoming Senate vote. If the bill passes with provisions that clarify digital asset classification and ETF structural rules, it could strengthen institutional confidence. If it stalls or gets amended unfavorably, the inflow momentum might prove short-lived.

For now, the data point offers a signal that the relentless selling pressure of the past two months has at least paused. The market will watch closely to see whether the July 9-10 weekly close marks the start of a new accumulation phase or just a brief intermission.

AUTHOR

Mysterious crypto writer with expertise in blockchain, offering deep insights that captivate and intrigue readers. With a unique ability to uncover hidden insights and trends, Samuel delivers in-depth analysis and thought-provoking content that keeps readers on the edge of their seats. His writing style is engaging and informative, blending technical knowledge with a sense of intrigue, making complex crypto topics accessible to both newcomers and seasoned industry professionals. Samuel’s work continues to capture the attention of the crypto community, solidifying his reputation as a trusted voice in the space.

ETF flows are back in the green, and that gives crypto traders a cleaner demand signal after weeks of nervous positioning. Bitcoin and Ethereum funds recording $282 million in net inflows does not erase the previous selling pressure, but it does show institutions have not stepped away from the market entirely.

That matters because ETF flows have become one of the easiest ways to see whether traditional capital is leaning in or pulling back. Spot prices can move for many reasons. Fund flows are a more direct read on allocator behaviour.

For more details, visit the official Farside platform.

TL;DR Bitcoin and Ethereum ETFs recorded $282 million in net inflows, according to the source pack.The move snapped an outflow streak and suggests allocators are returning after recent volatility.Flows remain important because ETF demand has become one of the clearest institutional signals for crypto markets. Why The Reversal Matters Outflow streaks can create their own narrative. When redemptions keep appearing, traders start to assume institutions are losing interest or reducing risk. A return to inflows pushes against that story.

The significance is especially clear because Bitcoin and Ethereum are both involved. A broader inflow profile suggests the recovery is not limited to one asset or one fund sponsor.

What To Watch Next One strong inflow period does not guarantee a sustained trend. The real test is whether the data continues to improve across several sessions and whether large funds such as BlackRock and Fidelity keep attracting capital.

For now, the flows offer the market a better signal than sentiment alone. After a difficult stretch, buyers are showing up again through regulated products.

Why The Detail Matters Now The practical takeaway is that ETF stories now have to be read through both market structure and product execution. A headline can create attention, but the more durable signal is whether the underlying source points to real activity, a real filing, a real integration, or a measurable change in how users and institutions behave.

That is why this development is worth separating from ordinary market noise. It gives readers a specific point to track over the next few sessions rather than a vague reason to be bullish or bearish. If follow-up data confirms the direction, the story can build. If not, it still gives the market a clearer snapshot of where attention is concentrating today.

The Market Read The cleaner way to read this story is not to force it into a simple bullish or bearish box. For ETF readers, the useful part is the change in context. A new filing, integration, market signal, or regulatory step can alter how traders think about the next few sessions even when it does not instantly change price.

That is especially true after the last few volatile weeks, when crypto has been dealing with a mix of ETF flows, legal updates, exchange listings, protocol upgrades, and shifting liquidity. The market is no longer reacting to one dominant theme. It is weighing several smaller signals at once, and that makes source-backed developments more important than ordinary chatter.

Why Readers Should Keep This On The Radar For NewsBTC readers, the important question is what this changes from here. If follow-up data, filings, governance updates, or wallet movement confirm the direction, the story can develop into a larger market theme. If the next update is weak, delayed, or contradicted by new data, the market may quickly move on.

That is why the scope matters. This article is not treating the development as a guaranteed price trigger. It is treating it as a fresh signal inside a market that is trying to sort durable activity from short-term noise. The distinction is important because crypto narratives can move faster than the facts behind them.

The next thing to watch is whether this becomes part of a wider pattern. In some cases that means more institutional flows. In others it means stronger developer adoption, cleaner regulatory access, deeper exchange liquidity, or a clearer technical roadmap. Either way, the story is strongest if it is followed by measurable execution rather than another round of speculative headlines.

This report is based on ETF flow data from Farside Investors.

This article was written by the News Desk and edited by Samuel Rae.

Iran’s IRGC on Monday said it struck US bases in the Gulf countries, including Kuwait, Bahrain and Jordan, in retaliation for US strikes. Oil prices climbs 5% as Iran declared the Strait of Hormuz closed and escalated the US-Iran war, causing gold, stocks and Bitcoin to tumble significantly.

US-Iran War Escalates, Oil Prices Climbs 5% U.S. Central Command reported on July 13 that US forces struck dozens of Iranian military targets, including air-defense systems, coastal radar sites, missile and drone capabilities, and small boats.

“The Strait of Hormuz is a vital maritime corridor for global trade. Iran does not control it,” CENTCOM stated.

The US launched multiple strikes in the last few days to reduce Iran’s ability to continue attacking international shipping flowing through the Strait of Hormuz.

In retaliation, Iran’s IRGC launched multiple missiles and drones towards US bases across the Middle East, including Jordan, Bahrain, Kuwait, Qatar, and the U.S. Navy Fifth Fleet headquarters in Bahrain.

IRGC claimed it has destroyed fuel and ammunition depots at Prince Hassan Airbase, Jordan, facilities at US 5th Fleet HQ & Sheikh Issa Airbase, Bahrain. Iran forces also destroyed fuel tanks, Patriot air defense systems, and radar at the Ali Salem & Ahmad Al‑Jaber bases in Kuwait, as per Sputnik.

As a result, crude oil prices jumped 5% on Monday amid the Strait of Hormuz’s closure declared by Iran.

BREAKING: US oil prices extend gains to nearly +5% on the day as Iran declares the Strait of Hormuz closed again. pic.twitter.com/5APWlLYsQg

— The Kobeissi Letter (@KobeissiLetter) July 13, 2026

Gold and Bitcoin Prices Fall Gold prices slipped 1.55% to $4,050 lows on Monday, remaining under pressure amid US-Iran war escalation. Silver also plunged almost 3% amid higher oil prices. Notably, Iran rejecting talks with the U.S. is keeping broader markets under pressure, despite President Trump’s claims that Iran wanted to resume talks.

As traditional precious metals react to geopolitical tensions, investors looking to hedge on-chain can learn how to buy tokenized commodities like gold and silver directly from their Web3 wallets.

The latest strikes also sparked jitters among investors as they await key US CPI inflation data due this week for further clues on the US Fed monetary policy outlook. Meanwhile, Fed Chair Kevin Warsh is also scheduled to make his first appearance before the US Congress on Tuesday.

The US 10-year Treasury yields climbed to around 4.60% on Monday, hovering near 7-week highs. The US dollar index (DXY) climbed above 101, putting pressure on Bitcoin prices amid renewed missile strikes between the US and Iran.

Bitcoin price tanked more than 2% in the past few hours, with the price currently trading at $62,769. The 24-hour low and high were $62,806 and $64,340, respectively.

Furthermore, trading volume has increased by 22% in the last 24 hours as traders moved to buy the dip. US futures were also down nearly 2.50% in the past 24 hours.

While volatility continues in the leading cryptocurrency Bitcoin and altcoins, it remains unclear whether the bottom has been reached.

While some analysts argue that the bottom has been reached and the country has entered a consolidation phase, others suggest that further declines are possible.

At this point, the founder of Multicoin Capital, an investment company prominent in the crypto market, claims that the cryptocurrency market has bottomed out. He also expressed optimism regarding Solana Hyperliquid and ZCash.

Speaking on a recent podcast, Tushar Jain stated that the market has reached a significant turning point with its bottom and has entered a recovery phase.

Jain noted that investor sentiment has largely stabilized, but despite increased adoption within the blockchain ecosystem, cryptocurrency prices are lagging behind fundamental indicators.

According to the experienced analyst, this situation is one of the important signs that the market may be preparing for a new bull cycle.

Jain argued that many of the factors necessary for a bull market to begin have simultaneously materialized, describing the current situation as a “perfect storm.” He maintained that this environment could support a strong uptrend in the crypto market in the coming period.

However, Jain also shared the projects he sees as having the most potential in the long term. In this context, he pointed to Solana (SOL), Hyperliquid (HYPE), and Zcash (ZEC), expressing optimism about the long-term growth potential of these altcoins.

Jain stated that Solana is one of the most suitable infrastructures for spot trading and security tokenization, while Hyperliquid has become the clear leader in the on-chain derivatives market, and he expects the platform to continue its growth.

Jain also made noteworthy assessments about Zcash, stating that the project is one of the cryptocurrencies that best represents the “cypherpunk” spirit and arguing that it has the potential to enter the top five cryptocurrencies by market capitalization in the long term.

*This is not investment advice.

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The Signal Before Bitcoin’s 25% Rally Just Flashed: Can It Hold?

‘Crypto Is The Future’Trump shared a candlestick chart of the ETH/BTC pair showing a 1.32% gain to 0.02837, saying, “ETH is pumping hard! Great to see! Crypto is the future…”

Notably, some users were quick to point out how ETH retreated immediately following Trump’s post.

World Liberty Financial, a Trump family-backed cryptocurrency venture, where he is listed as a co-founder, holds roughly $131 million in ETH, according to DropsTab. This makes ETH the second-largest holding in the platform’s portfolio.

Analyst Flags Crucial ResistanceMeanwhile, leading cryptocurrency analyst Ali Martinez announces a conditional long position on Ethereum, entering only if the price breaks $1,850 resistance.

Notably, ETH surged to an intraday high of $1,842 late Sunday evening before pulling back sharply into the upper $1,700 range

What Do Technicals SayThe Moving Average Convergence Divergence indicator, which compares the 12-period and the 26-period exponential moving averages, flashed a “Buy” signal for ETH, according to TradingView.

Conversely, the Stochastic Oscillator, which measures the position of an asset’s current closing price relative to its highest and lowest prices over a set number of periods, signaled a “Sell.”

Price Action: At the time of writing, ETH was exchanging hands at $1,805.05, up 0.02% over the last 24 hours, according to data from Benzinga Pro.

Photo courtesy: Maxim Elramsisy / Shutterstock.com

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Michael Saylor and Adam Back came out against the anti-spam soft fork days before an early-August activation deadline it appears certain to miss.

Posted July 12, 2026 at 9:33 pm EST.

Strategy founder Michael Saylor and Blockstream co-founder Adam Back have come out against BIP-110, a proposal to temporarily restrict non-financial data such as NFTs and similar data on the network, weeks before an activation deadline it is on track to miss entirely.

Saylor said in a Saturday post that there are “110 things more dangerous to Bitcoin than spam” and wrote that the measure “turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions,” calling the precedent the real danger. “We should save our energy for threats that really matter,” he concluded.

Back, whose Hashcash work is cited in the Bitcoin white paper, said in his own post that “Bitcoin respectfully says ‘no’ to what you want,” telling the proposal’s backers their recourse is to group together and fork away, but that “bitcoin won’t be joining it.” He added, “the way you propose to achieve your ideas, hard-conflict with free cypherpunk permissionless money.”

The ‘Spam’ vs Censorship Resistance Debate Formally titled the Reduced Data Temporary Soft Fork, BIP-110 is an attempt to block the paths that Ordinals, inscriptions, and token schemes like BRC-20s use to put images and metadata onchain.

The way it would accomplish that is to tighten, for one year, the ways Bitcoin transactions can carry data, capping the OP_RETURN data field, blocking most arbitrary data chunks above 256 bytes, and limiting script formats used mainly for storage. Supporters say the limits keep Bitcoin focused on payments and ease the load on node operators.

The fight is the latest front in a long-running clash over what Bitcoin’s block space is for, the same tension behind the rift between the Bitcoin Core and Knots node software and Bitcoin Core’s move to expand OP_RETURN capacity in its version 30 release.

No Community Support What sets BIP-110 apart is how little support it has. It proposes to be adopted by a user-activated soft fork, in which nodes enforce a rule by rejecting blocks by miners that do not follow it. Rather than the typical 95% signaling threshold, it proposes a 55% bar.

Even at that lower threshold, miner signaling has been hovering around 1%, despite the fact that miners have been able to signal support for the soft fork since March, according to the BIP-110 signaling monitor. Node adoption still sits in the low single digits, carried mostly by Bitcoin Knots.

Developer Jameson Lopp has called the proposal “reckless” and “doomed to fail,” warning that the low threshold raises the odds of a chain split. With the deadline set for no later than block 963,648, which is expected to be reached in early August, a rule enforced by a nominal percentage of nodes and almost no miners would not change Bitcoin for everyone. It would splinter off a minority chain.

Related Listen: Why Saylor’s ‘Inoculate’ Comment May Be a Signal He’ll Sell More Bitcoin

AI-assisted content: This article was produced with the assistance of AI tools and was reviewed, edited, and fact-checked by a member of the Unchained editorial team before publication.

US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May.

Data from Farside Investors shows that most of the week’s gains came from the BlackRock iShares Bitcoin Trust ETF, which recorded $291.9 million in inflows. This was offset by outflows from the Grayscale Bitcoin Trust ETF, the Fidelity Wise Origin Bitcoin Fund and the ARK 21 Shares Bitcoin ETF. 

The end of the outflow streak could suggest institutional demand for Bitcoin is recovering after two months of sustained selling pressure. However, analysts say it’s too early to tell.

“While one week of inflows doesn’t define a trend, it comes at a time when institutional confidence is growing around the potential passage of the CLARITY Act in the US in August next month,” Monochrome Asset Management founder and CEO Jeff Yew told Cointelegraph.

“This could be an early indication that institutions are beginning to position ahead of greater regulatory certainty, which is often what long-term capital allocators look for.”Meanwhile, 10x Research founder and CEO Markus Thielen said ETF and stablecoin outflows and seasonality in August and September remain headwinds.

“There's also been a pattern over the past few months where Bitcoin performs better in the first half of the month, then consolidates in the latter half. Without flows still pronounced and ETF flows yet to meaningfully pick up, even after Bitcoin's 9%+ jump, the headwinds remain in our view.”

The $197.4 million weekly inflow was modest compared with the $8.26 billion investors withdrew since May 11. 

Total spot Bitcoin ETF net inflow. Source: SoSoValue

Last week, Real Vision chief crypto analyst Jamie Coutts told Cointelegraph that Bitcoin could be entering the latter stages of the bear market, based on early technical signs suggesting that selling pressure is easing. 

“I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said. 

Other analysts say there could be further downsides ahead. 

Russell Thompson, chief investment officer at asset manager Hilbert Capital told Cointelegraph last week that he believes Bitcoin remains in a downcycle and could hit a low around October this year. 

Ether ETFs also break outflow streakMeanwhile, US-listed spot Ether ETFs also broke their eight-week losing streak, with $84.42 million in net inflows for the week ended Friday, led by BlackRock and Fidelity’s Ether funds. 

The inflows paled in comparison with the $1.2 billion in net outflows since May 11. 

Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Michael Saylor: Wallets, Nodes and Miners in Dynamic Balance Jointly Build the Bitcoin Network

Strategy founder Michael Saylor posted on X that Bitcoin is an evolving network system in which the influence of wallets is determined by the quantity of satoshis held, the importance of nodes is conferred by commercial activity, and miners are weighted by hash power, together building an ecosystem that maintains a dynamic balance between capital, consensus and security.

A Certain Address Bought CASHCAT with a Small Bet, Took Profits and Sold Out Entirely, Achieving a Return of 1211.4%

Another friend on Robinhood Chain who bet small to win big has taken profits. Address 0xae0…72b92 bought $1,190 worth of CASHCAT six days ago at a low price of $0.00664 and sold it all eight hours ago at $0.17585, ultimately pocketing a profit of $14,400 and an eye-popping return of 1211.4%.

CryptoQuant: Bitcoin Short-Term Holder Buying Pressure Still Dominant; ETF Inflows Return but Cannot Confirm Trend Reversal

CryptoQuant analyst Axel Adler stated in a post that his newly launched “Bitcoin STH Realized Pressure Model” shows that buying and selling pressure among short-term holders (STH) is cooling slightly, but buying power still holds the lead. The model measures changes in market bullish and bearish forces by comparing short-term holders’ realized buy pressure and sell pressure. During bear market phases, the metric can serve as a contrarian signal: when prices approach local lows, buyers are usually more active; near local highs, selling pressure tends to rise. Over the past 24 hours, the model has not yet flashed a trend-switch signal. The latest hourly data shows a buy pressure score of 28.57, slightly down from 28.98 the day before; the sell pressure score is 22.62, a small dip from 22.68. Currently, buyers still lead sellers by about 5.94 percentage points. Overall, market buying pressure has cooled somewhat, but short-term holders still maintain the upper hand. Meanwhile, Bitcoin ETF market flows have improved slightly. Against a backdrop of eight consecutive weeks of outflows, the ETF market recently recorded about $197.4 million in net inflows. However, Adler noted that this scale is insufficient to confirm a reversal in institutional demand trends. The ETF 30-day flow momentum remains deeply negative at approximately -$4.73 billion, and cumulative capital has dropped from a peak of around $62 billion to roughly $51 billion, indicating a short-term improvement in flows but not yet a full recovery of sustained institutional buying demand. Axel Adler expects a host of key data and events next week, including further developments in the Middle East, the impact of escalating US-Iran tensions on energy supplies, US mega-bank earnings, a speech by Fed Chair Powell, the June Consumer Price Index (CPI), University of Michigan Consumer Sentiment Index, retail sales, and housing market data.

CZ Donation Address Burns 700 Million CZ and 400 Million TCC

The CZ donation address burned 700 million CZ and 400 million TCC tokens. Both tokens have now seen varying degrees of price increases as a result of the burn.

Possibly Affected by CZ Donation Address Burn, TCC Spikes 103% and CZ Spikes 302% in the Short Term

The CZ donation address previously burned 70% of the CZ “chips” and 40% of the TCC “chips.” Possibly influenced by this, TCC spiked 103% and CZ spiked 302% in the short term.

Serenity: Amplifying Technical Details to Short Tech Giants Is Evolving into a New Traffic Strategy

“White-Haired Stock God” Serenity posted that a new type of “short-selling playbook” targeting trillion-dollar market cap tech companies like Nvidia and TSMC has recently emerged in the market: certain views deliberately magnify issues in specific technical or supply chain links, and then extrapolate to the conclusion that an entire project will be delayed or even that the business has hit a setback. Such operations often place companies in a dilemma: if the company chooses not to respond, the statements may negatively affect the stock price and market sentiment; if the company steps up to clarify, it is difficult to disclose too many details because supply chain information usually involves trade secrets, and external doubts may not necessarily disappear. Serenity further stated that under the current social media environment and traffic incentive mechanisms, this model of creating controversy and magnifying partial problems to capture attention is being replicated by more and more people, and its long-term development trend deserves market vigilance.

Data: Tokens Like DBR, ARB, YZY to See Large Unlocks Next Week, DBR Unlock Worth About $10.1 Million

Token Unlocks data shows that tokens such as DBR, ARB, and YZY will undergo large unlocks next week, among which: deBridge (DBR) will unlock approximately 618 million tokens on July 17 at 8:00 AM Beijing time, representing roughly 11.4% of circulating supply, worth about $10.1 million; Arbitrum (ARB) will unlock approximately 92.65 million tokens on July 16 at 9:00 PM Beijing time, roughly 1.65% of circulating supply, worth about $8.5 million; YZY (YZY) will unlock approximately 20.83 million tokens on July 17 at 11:00 AM Beijing time, roughly 4.1% of circulating supply, worth about $6.1 million; Starknet (STRK) will unlock approximately 127 million tokens on July 15 at 8:00 AM Beijing time, roughly 3.74% of circulating supply, worth about $3.9 million; Sei (SEI) will unlock approximately 55.56 million tokens on July 15 at 8:00 PM Beijing time, roughly 0.91% of circulating supply, worth about $2.8 million.

Analysis: Stablecoin Total Market Cap Has Shrunk by About $10 Billion from May Peak, but Long-Term Growth Trend Remains Intact

The stablecoin market experienced its largest pullback in recent years in June, with total market cap declining by $7.7 billion during the month, the biggest single-month drop since the Terra-Luna collapse in May 2022. Since the peak in May, the stablecoin market has cumulatively shrunk by approximately $10 billion, a total size decline of around 3%. The two largest stablecoin issuers were the main drivers of this pullback. USDT issued by Tether saw its market cap fall from roughly $190 billion in May to $184 billion, a decline of about $6 billion; USDC issued by Circle retreated from a high near $80 billion in March 2025 to approximately $73 billion, shrinking by roughly $7 billion. Compared with the cumulative decline of more than 26% in the stablecoin market during the crypto winter of 2022, however, this round of adjustment remains relatively mild. Data shows that from March 2022 to September 2023, the total market cap of major stablecoins dropped from about $166 billion to $122 billion, during which the TerraUSD crash, FTX bankruptcy and the failure of multiple crypto lending institutions severely hit market liquidity. Despite overall market pressure, the competitive landscape of the stablecoin industry is changing. As regulatory advances such as the US GENIUS Act push stablecoins toward payment and settlement use cases, more issuers are entering the fray. The circulation of USDG, issued by Paxos and supported by institutions such as Robinhood, has surpassed $3.2 billion, while the circulation of USDGO, launched by Anchorage Digital and Hong Kong’s OSL Group, has nearly doubled to $900 million. Wall Street institutions remain bullish on the long-term outlook for stablecoins. Citi previously estimated that the global stablecoin market could reach $1.9 trillion in a base-case scenario and $4 trillion in a bull-case scenario by 2030; Standard Chartered forecasts that the stablecoin market will grow to $2 trillion by 2028. Analysts note that stablecoin supply growth has historically been a key driver of crypto bull markets, and the current overall contraction in supply means less new liquidity on-chain. Without new demand for capital, the difficulty of sustaining upward momentum for crypto assets may increase.

Trump: The Strait of Hormuz Is Open

U.S. President Trump stated that the Strait of Hormuz is open.

Fidelity: Bitcoin enters long-term value observation zone, short-term reversal still requires liquidity return

Fidelity Global Macro Head Jurien Timmer stated that Bitcoin is approaching the bottom support line of its long-tracked "Power Law" model, which has been used since 2015 to analyze Bitcoin price cycles and has captured several major market bottoms. Jurien Timmer's Power Law model is built on Bitcoin's complete price history, divided into three curves on logarithmic coordinates: an upper resistance line, a middle trend line, and a lower support line. According to the latest chart, this long-term support level currently sits around $58,000, while Bitcoin's current price is about $62,700, gradually nearing that area. Another indicator in the model shows Bitcoin's current trading price deviates from the power law trend line by roughly -56%, entering what the model defines as the "Accumulation Zone." This level previously corresponded to market bottom areas in 2018 and 2022. Additionally, Bitcoin's 52-week performance ratio relative to gold has also pulled back sharply, now at around -100%. However, Jurien Timmer did not confirm that the market has bottomed. He noted that the speculative premium which pushed Bitcoin above $120,000 last year has largely faded, while global money supply growth is slowing. The market still lacks a key catalyst to drive a price reversal. Bitcoin may oscillate near the long-term support line for months rather than staging a quick rebound. Short-term capital has already exited, and capital flows have rotated from Bitcoin to gold, and then from gold to the semiconductor sector. Currently, the market's hot pursuit is mainly concentrated in semiconductors.

A whale deposits $107 million in assets on HyperLend, borrows $70.94 million and stakes HPL to reduce fees

A whale recently deposited approximately $107.21 million in assets into HyperLend and borrowed around $70.94 million against them. The address's current collateral includes about 1.56 million $kHYPE and has borrowed about 1.06 million $WHYPE, with a Health Factor of 1.31, at a leverage level that warrants attention. Additionally, the whale staked 12,305 $HPL tokens, expected to save roughly $68,000 in fees annually. Approximately $39,100 in fees have already been saved. Analysts believe this large-scale borrowing operation demonstrates that some funds are using on-chain lending protocols to improve capital efficiency while leveraging protocol incentive mechanisms to lower capital costs.

A Bitcoin whale dormant for seven years moves 2,931 BTC, worth about $188 million

A Bitcoin whale address that had been dormant for seven years has moved 2,931 BTC (worth $188 million) to a new address. If these bitcoins are sold, the address stands to gain an investment return of about 10x.

Thai banks require proof of source for individual cash deposits exceeding 5 million baht and strengthen stablecoin transaction monitoring

Thailand will require individuals to verify the source of funds when depositing more than 5 million baht (about $150,000) in cash. This intervention expands commercial banks' compliance responsibilities across cash networks, large currency exchanges, precious metal trading, and suspicious stablecoin transactions, directly preventing regulated entities from facilitating systemic corruption or the shadow economy. Additionally, Thailand's central bank and the Securities and Exchange Commission (SEC) are jointly conducting audits, with a focus on Tether (USDT), to identify and block illicit fund flows. The crackdown also includes strengthening controls over precious metal trading, requiring banks to report suspicious patterns, such as rapid digital purchases and same-day physical withdrawals, to combat money laundering.

SpaceXAI and Starlink official X accounts suspected hacked, retweeted a meme coin then Rug Pull, tweets now deleted

The official X accounts of SpaceXAI and Starlink retweeted a Robinhood Chain meme coin. The posting accounts were suspected compromised and marked as "associated with SpaceX." The token quickly surged to a $2 million market cap before an immediate Rug Pull. The relevant repost has now been deleted.

Hacker who breached SpaceXAI and Starlink official X accounts made a total of $135,000

A hacker issued a token named $SCATMAN and promoted it after compromising the official X accounts of SpaceXAI and Starlink. The hacker then dumped all 10 trillion $SCATMAN minted for 59 ETH (about $108,000). Another wallet controlled by the hacker also sold 59.28 million $SCATMAN for 14.7 ETH (about $27,000). The hacker made a total profit of roughly $135,000.

Empery Digital Inc. (NASDAQ: EMPD) has substantially trimmed its cryptocurrency reserves. The Nasdaq-listed firm recently offloaded approximately 1,400 BTC, generating gross proceeds of about $87.1 million. This transaction, executed since early May at an average sale price of roughly $62,200 per coin, represents nearly half of the company’s prior Bitcoin position.

Following the sales, Empery Digital’s holdings stand at 1,514 BTC as of July 10, valued at approximately $96.5 million amid prevailing market conditions.

The company also reports holding around $73.9 million in cash reserves while maintaining $45 million in outstanding debt obligations.

Management has outlined clear allocations for the freshly raised capital.

A portion—specifically $10 million—was directed toward retiring a segment of existing debt on July 7.

The balance supports several key initiatives, including a previously disclosed real estate transaction valued at $65 million.

This deal involves securing a 25% interest in an entity acquiring a Midwest property slated for transformation into a high-capacity AI data center, with potential expansion from 150 megawatts to 300 megawatts.

Additional funds will cover elevated legal expenditures linked to ongoing shareholder litigation and sustain day-to-day corporate activities.

This development signals a strategic pivot for Empery Digital, which rebranded and embraced a Bitcoin-centric treasury approach in 2025.

Originally focused on aggregating digital assets as a core holding, the firm is now broadening its scope to encompass AI infrastructure and energy-related ventures.

Executives have highlighted the data center opportunity as particularly compelling, citing features like tenant-supported development.

In tandem with these changes, the company is updating its public reporting tools, moving away from a Bitcoin-exclusive focus to better reflect its diversified interests.

The decision comes against a backdrop of broader trends in corporate crypto management.

Several prominent Bitcoin treasury operators have begun viewing their digital asset stockpiles as flexible liquidity tools rather than static long-term stores of value.

This approach allows firms to navigate debt commitments, pursue growth opportunities, and manage operational demands without solely relying on traditional financing.

Empery had previously signaled that selective Bitcoin dispositions might occur as part of its capital strategy, consistent with disclosures in earlier regulatory filings.

Market reaction to the announcement has been relatively measured, with the company’s shares showing modest gains in recent trading sessions.

This sale underscores the balancing act public companies face: leveraging Bitcoin’s volatility and upside potential while ensuring sufficient liquidity for obligations and expansion.

As Empery transitions toward hybrid operations in digital assets and AI infrastructure, observers will watch closely to see how this recalibration influences its performance and shareholder value.

The move also highlights ongoing challenges in the sector, such as legal pressures and the capital intensity of new tech infrastructure projects. While Bitcoin remains a material asset on the balance sheet, its role appears to be evolving from primary focus to strategic enabler.

Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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TLDR: Bitcoin ETFs attracted $197.4 million and ended an eight-week withdrawal streak, although the inflow recovered only a small part of earlier losses. BlackRock’s IBIT recorded $291.9 million in weekly inflows, while Grayscale, Fidelity and ARK funds experienced combined investor withdrawals. The category lost about $8.26 billion during the prior eight weeks, leaving analysts cautious about declaring a lasting institutional demand recovery. Weak trading volumes and the July 14 U.S. inflation report could determine whether the latest ETF inflows develop into a broader allocation shift. U.S.-listed Bitcoin ETFs attracted $197.4 million in weekly net inflows, ending eight straight weeks of withdrawals. The reversal arrived as Bitcoin recovered from recent lows, yet the latest total remains small compared to earlier losses.

Investors removed about $8.26 billion from the funds after May 11. BlackRock’s IBIT supplied most of the new capital, while several competing products recorded redemptions.

The shift offers the first positive weekly signal since early May. Still, muted trading activity and uneven daily flows leave institutional demand difficult to judge. Tuesday’s U.S. inflation report may decide whether the improvement gains momentum or fades quickly.

Bitcoin ETFs Gain $197M as BlackRock Leads Weekly Flows Farside Investors data shows Bitcoin ETFs opened the week with $265.7 million in net inflows. Demand then slowed to $21.5 million on Tuesday.

Source: SoSoValue Combined withdrawals reached about $180.2 million across Wednesday and Thursday. Friday’s $90.4 million inflow kept the weekly result positive.

BlackRock’s iShares Bitcoin Trust recorded $291.9 million in weekly inflows. That amount exceeded the category’s final net gain.

Grayscale’s GBTC lost roughly $108.2 million, while Fidelity’s FBTC shed about $93.4 million. ARK 21Shares’ ARKB also posted a weekly outflow near $15.3 million.

The concentration shows that demand did not improve across every product. Instead, investors favored selected funds while reducing exposure elsewhere.

Bitcoin ETFs recovered only about 2.4% of the $8.26 billion withdrawn during the previous eight weeks.

That gap limits claims of a broad institutional comeback. One positive week can mark an early shift, but sustained allocations would offer stronger evidence. Daily data also showed that buyers stepped back after Monday’s strong opening.

Ether funds displayed a similar pattern. U.S. spot Ether ETFs attracted $84.4 million and ended their own eight-week withdrawal streak.

Those products had lost around $1.2 billion over the prior period. The two categories recorded a combined weekly inflow of $281.8 million.

Low Trading Volumes Keep Institutional Recovery in Doubt Trading activity remained weak despite the return of capital. Weekly Bitcoin ETF volume reached about $84.1 billion, the lowest normal five-day total since October 2025.

Ether ETF turnover fell to $20.5 billion, its weakest reading since May 2025. Lower volume suggests many investors still prefer to wait for firmer market direction. Bitcoin ETFs also remain down roughly $5.34 billion during 2026.

Ether funds show about $1.35 billion in yearly net outflows. Bitcoin’s recent price rebound has not yet produced consistent ETF demand. The funds posted sizable midweek redemptions despite ending the week in positive territory.

That split supports the view that portfolio managers remain selective rather than fully risk-on. Bitcoin ETFs may need several positive weeks before the trend signals renewed institutional allocation.

Seasonal conditions may add pressure. August and September often bring weaker trading conditions, while recent Bitcoin gains have tended to fade later in the month.

The next major test arrives with the June U.S. Consumer Price Index on Tuesday, July 14. The Bureau of Labor Statistics will release the report at 8:30 a.m. Eastern Time.

A softer reading could support risk assets and extend ETF inflows. A hotter figure could revive rate concerns and encourage another round of redemptions.

US-listed Bitcoin exchange-traded funds (ETFs) attracted $197.4 million in net inflows for the week, breaking an eight-week stretch of continuous withdrawals. The inflow comes after Bitcoin rebounded from recent lows, but the amount represents only a small recovery compared to losses seen in previous weeks.

BlackRock dominates new inflows, while others see redemptionsBlackRock’s iShares Bitcoin Trust (IBIT) led the weekly inflow, drawing in $291.9 million. BlackRock is a global investment management corporation recognized as one of the world’s largest asset managers.

While IBIT gathered significant capital, rival funds experienced outflows. Grayscale’s GBTC lost approximately $108.2 million, Fidelity’s FBTC faced redemptions of about $93.4 million, and ARK 21Shares’ ARKB saw weekly outflows near $15.3 million.

This mixed performance demonstrates that investors favored particular products, focusing their allocations rather than returning broadly to the category.

Since May 11, investors had pulled around $8.26 billion from US Bitcoin ETFs. The latest $197.4 million inflow recoups just 2.4% of these earlier withdrawals, signaling only a tentative return of institutional interest.

Despite BlackRock’s momentum, the broader group “recovered only about 2.4% of the $8.26 billion withdrawn during the previous eight weeks.” The discrepancy led analysts to urge caution before declaring a solid institutional comeback.

Daily flows highlighted the fragile recovery. The week started strongly with $265.7 million in net inflows, then slowed sharply to $21.5 million the following day. Combined outflows of $180.2 million were recorded across Wednesday and Thursday, while Friday’s $90.4 million inflow helped secure a positive weekly total.

ETF ProductWeekly Net FlowBlackRock IBIT+$291.9 millionGrayscale GBTC– $108.2 millionFidelity FBTC– $93.4 millionARK 21Shares ARKB– $15.3 millionEther funds follow similar trendUS-listed spot Ether ETFs mirrored the reversal seen in Bitcoin funds, recording $84.4 million in weekly inflows. This ended their own eight-week outflow streak, though these products had lost roughly $1.2 billion over the earlier period. Combined, Bitcoin and Ether spot ETFs attracted $281.8 million in new capital throughout the week.

Mini dictionary: Spot ETF, an exchange-traded fund that invests directly in the underlying cryptocurrency instead of using futures contracts or derivatives.

Muted volumes and upcoming US inflation report keep outlook in questionWeekly trading volumes in Bitcoin ETFs reached $84.1 billion, marking the lowest normal five-day total since October 2025. For Ether ETFs, turnover dropped to $20.5 billion, the weakest level since May 2025. Analysts point to these muted activity levels as signs that many investors remain cautious and are waiting for clearer direction before allocating new capital.

Despite this week’s inflows, Bitcoin ETFs are down roughly $5.34 billion for the year, while Ether funds have seen net outflows of about $1.35 billion in 2026. The price rebound in Bitcoin has yet to spark consistent ETF demand, as sizable midweek redemptions offset gains early in the week. Analysts noted that many portfolio managers remain selective, rather than shifting broadly to risk assets.

“Bitcoin ETFs may need several consecutive weeks of positive flows before a genuine institutional allocation trend is established,” several analysts observed as activity cooled through the week.

Seasonal factors could also weigh on the outlook, as August and September typically bring weaker trading conditions, and Bitcoin’s recent rallies have often faded by the end of the month.

A key development comes on July 14, when the Bureau of Labor Statistics releases the June US Consumer Price Index (CPI) report. The result is expected to influence sentiment in both ETF flows and broader risk markets. Market participants are watching whether a softer inflation reading could boost risk-taking and prolong capital inflows, or if elevated inflation might drive renewed outflows from crypto ETFs.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

https://tariosultan.com/blog/bitcoin-billionaire-michael-saylor

Robinhood’s launch of its Layer-2 solution, Robinhood Chain, has reportedly sparked optimism for Ethereum, as the platform promises to expand decentralized finance (DeFi) access and tokenize real-world assets using ETH as the native gas token. This development is seen as supportive of Ethereum’s role as a settlement and gas layer, potentially increasing demand for ETH. Meanwhile, Michael Saylor, CEO of Strategy, has stirred the market by suggesting a potential sale of Bitcoin to support dividends, marking a shift from his “never sell” stance. Strategy recently confirmed this shift by selling $216 million worth of Bitcoin.

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The news about Robinhood’s Layer-2 solution is believed to have broader implications, potentially influencing Bitcoin markets as well. Market participants are considering the possibility that positive developments in Ethereum may correlate with upward trends in Bitcoin’s price. Currently, prediction markets indicate a strong likelihood of Bitcoin prices exceeding $56,000 by July 13, suggesting confidence among participants regarding this threshold.

Key Takeaways Robinhood’s Layer-2 launch appears to bolster Ethereum optimism, with potential implications for increased ETH demand. Michael Saylor’s indication of a possible Bitcoin sale suggests a strategic shift, contrasting with his previous “never sell” stance. Current market pricing implies strong confidence in Bitcoin exceeding $56,000, consistent with broader positive sentiment driven by Ethereum developments. What to Watch Future developments in Ethereum’s adoption and DeFi expansion could further influence market sentiment, potentially affecting Bitcoin pricing as well. Market participants will be closely watching any additional announcements from Robinhood regarding the integration and usage of their Layer-2 solution. Additionally, Michael Saylor’s actions and statements regarding Bitcoin holdings remain a critical factor for market sentiment, especially in light of potential future sales.

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Term Structure

Contract Odds Δ since publish Volume 24h July 13 2026 99.9% — — View market → July 13 2026 99.5% — — View market → July 13 2026 94.4% — — View market → July 13 2026 0.1% — — View market → July 13 2026 0.1% — — View market → July 13 2026 0.1% — — View market → July 13 2026 43.5% — — View market → July 13 2026 3.3% — — View market → July 13 2026 99.7% — — View market → July 13 2026 99.9% — — View market →

A busy week lies ahead on the US economic calendar with a raft of inflation data, while tensions are mounting again in the Middle East.

Crypto markets have largely held on to gains over the weekend, but were looking a little shaky on Monday morning as traders digested the latest developments between the US and Iran.

The US has launched several waves of strikes on Iran over an Iranian attack on another container ship in the Strait of Hormuz. Iran has declared the Strait closed, while President Trump said otherwise.

Meanwhile, some heavy inflation reports could further rattle sentiment and add to the volatility as the bear market drags on.

“Q2 2026 earnings season has arrived, and Strait of Hormuz tensions are mounting again,” said the Kobeissi Letter.

Economic Events July 13 to 17 US Central Command reported on Monday morning that forces began launching more strikes against Iran “to continue degrading their ability to attack civilian mariners and commercial ships freely transiting the Strait of Hormuz.”

Crude oil prices were up around 4%, with WTI and Brent hitting $74.50 and $79, respectively, while US stock futures opened slightly lower.

June’s Consumer Price Index (CPI) inflation data is due on Tuesday, which could add to the market volatility. This is followed by the Producer Price Index (PPI) data out on Wednesday, measuring wholesale inflation.

Year-on-year measures for both headline CPI and PPI are expected to rise by 3.8% and 6.2%, respectively, reported Yahoo Finance. Rising inflation will put more pressure on the Federal Reserve to hike rates, which is bad news for risk-on assets such as crypto. The escalation of military action in the Middle East is also not good for dampening inflation concerns.

You may also like: Bitcoin’s Recovery Gains Momentum, Putting July Off to a Strong Start Report: AI, Warsh, and Geopolitics Break Bitcoin Correlation With Stocks and Gold Bitwise Report: Crypto Fundamentals Are Getting Stronger Despite Third Straight Negative Quarter June Retail Sales data and July Philly Fed Manufacturing Index reports are due on Thursday, followed by July’s Michigan Inflation Expectations and Consumer Sentiment reports on Friday.

Key Events This Week:

1. Markets React to Strait of Hormuz Closure – Today, 6 PM ET

2. June CPI Inflation data – Tuesday

3. June PPI Inflation data – Wednesday

4. June Retail Sales data – Thursday

5. July Philly Fed Manufacturing Index – Thursday

6. July MI Inflation…

— The Kobeissi Letter (@KobeissiLetter) July 12, 2026

Several Wall Street banks and finance giants are reporting Q2 earnings this week, including JPMorgan Chase, Goldman Sachs, Bank of America, Wells Fargo, and Citibank on Tuesday, followed by Morgan Stanley and BlackRock on Wednesday.

Crypto Market Outlook Total market capitalization has remained steady over the weekend, hovering around $2.26 trillion with a very minor dip on Monday morning after the latest airstrikes.

Bitcoin had held ground just above $64,000 for the past 12 hours or so but dipped to $63,400 during early trading, where it remains at the time of writing.

Ether prices fared a little better, holding above $1,800 for most of the past day following a 15% gain over the past fortnight. Escalation of conflict and higher inflation this week could send both much lower.

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Following a violent selloff that drove the price of the cryptocurrency from the $82,000 range to $59,000, it is now trying to stabilize. Although Bitcoin has recently risen above $64,000, the larger technical structure is still negative. The recovery from the local bottom established in early July is the most noteworthy development. In the vicinity of the $58,000-$60,000 support area, buyers intervened forcefully, averting a further decline and creating a string of higher lows. 

BTC/USDT Chart by TradingViewAfter weeks of weakness, the RSI has recovered above 50, indicating that momentum is progressively improving. But there is still a lot of overhead resistance for Bitcoin. The current price action is directly below the 50-day EMA at $64,800, which has already begun to function as a ceiling. 

Beyond that, bulls must overcome a stacked resistance structure created by the 100-day EMA at $68,700 and the 200-day EMA at $74,800 before any significant trend reversal can be confirmed. Additionally, during the recovery, volume has remained comparatively muted, indicating that institutional conviction is still incomplete. 

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For the time being, the move is more akin to a relief rally than the start of a new bullish cycle. A move toward $68,000-$70,000 is more likely if Bitcoin can secure a breakout above the 50-day EMA. If this is not achieved, the $60,000 support area may be tested once more. 

Dogecoin's active battleWith the asset trading close to $0.073 and displaying few indications of a long-term recovery, Dogecoin is still struggling under intense bearish pressure. The chart clearly shows a months-long downward trend. With the 50-day EMA at roughly $0.084, the 100-day EMA near $0.091, and the 200-day EMA above $0.106, DOGE is still below all major moving averages. 

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This alignment demonstrates that the market is still dominated by sellers. Following the recent decline toward $0.071, there was a brief attempt at a rebound, but buyers were unable to muster enough momentum to overcome the surrounding resistance. Earlier this month, the rejection close to the 50-day EMA confirmed the current trend's weakness. The fact that the RSI is still close to 35, which puts DOGE near oversold territory, is one positive sign. 

DOGE/USDT Chart by TradingViewThese readings have historically frequently preceded brief relief rallies. However, oversold conditions alone do not guarantee a reversal, particularly when overall market sentiment is still unstable. At $0.070, the crucial support is still present. If that level is lost, DOGE may be subject to additional selling pressure. Bulls must first recover $0.080 on the upside before a more significant recovery can be discussed. 

While Dogecoin is still one of the weaker large-cap assets in the market and is still looking for a solid bottom, Bitcoin is currently exhibiting early indications of stabilization. 

Shiba Inu bulls aren't in controlShiba Inu is still stuck in a long-term downtrend, and there is little indication from recent price movement that bulls are prepared to take back control. SHIB is currently trading at $0.0000043 after breaking down from a rising wedge formation that formed between March and May, and then entered another leg lower. 

The technical picture is still weak. With the 50-day EMA serving as immediate resistance around $0.0000045 and the 100-day and 200-day averages significantly higher, SHIB trades below all major moving averages. Sellers continue to benefit from this stacked bearish structure. The apparent stabilization close to the $0.0000040 support area is one noteworthy development. 

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Throughout the past few weeks, buyers have repeatedly defended this level, averting a total collapse. Nevertheless, every attempt at a recovery has resulted in lower highs, indicating a lack of confidence among market participants. During rebounds, volume has also not increased significantly. 

This implies that the recent increase is mostly technical rather than the result of new money entering the asset. Despite the slight recovery from local lows, the RSI is still below 40, indicating weak momentum. Bulls must recover the 50-day EMA and establish support above $0.0000045 in order for SHIB to improve its outlook. 

The next significant resistance zone, the $0.0000050 region, could be reached with such a move. SHIB continues to be on the defensive until that time. The trend still favors caution over aggressive accumulation, even though the market appears to be looking for a bottom. 

Zcash's best performanceAfter its remarkable surge earlier this year, Zcash is still among the best-performing larger-cap altcoins. ZEC has maintained an exceptionally robust technical structure in spite of the considerable volatility brought on by the inflation bug incident and the ensuing market reaction. 

With the 50-day EMA close to $464, the 100-day EMA close to $475, and the 200-day EMA close to $392, the asset currently trades above all major moving averages. This alignment shows that long-term buyers are still active and is typically associated with robust uptrends. ZEC spent several weeks consolidating between $380 and $500 after correcting from highs close to $700. 

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The consolidation phase may be coming to an end, according to the recent breakout above the 50-day and 100-day moving averages. The crucial $540 resistance level, which has repeatedly rejected advances since June, is now being approached by the price. Moreover, momentum is increasing. With the RSI rising above 60 without entering overbought territory, there is potential for further gains if buying pressure persists. Relative strength is the primary distinction between ZEC and many other altcoins.

Zcash has successfully recovered the major moving averages and is creating a string of higher lows, even though a large portion of the market is still below them. A move toward $600 becomes more likely if buyers are able to surpass $540. The overall structure remains bullish unless ZEC drops back below the $460-$470 support range. Failure to break resistance could lead to another period of consolidation.

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