Bitcoin returns to $64.3K with new 3-week BTC price highs imminent

Bitcoin (BTC) eyed new July highs on Friday as US-Iran peace momentum kept oil lower.  Key points:Bitcoin bulls keep upside momentum going as BTC/USD seeks a new multi-week record.Declining oil prices and US dollar strength contrast with crypto market rebound.$65,000 is now “crucial resistance” to be tackled, says analysis.  Bitcoin reaches $64,350 as dollar strength, oil drop  Data from TradingView showed BTC/USD climbing above $64,000, coming within $400 of new three-week highs.BTC/USD four-hour chart. Source: Cointelegraph/TradingView  Amid ongoing hopes that the US-Iran peace deal could be salvaged, US WTI crude oil stayed lower after rejecting from $76 per barrel.CFDs on US WTI crude oil one-day chart. Source: Cointelegraph/TradingView  US dollar strength fell for a third straight day, with the US dollar index (DXY) approaching its lowest figures since mid-June.US dollar index (DXY) one-day chart. Source: Cointelegraph/TradingView  Commenting on the current macro landscape, trading company QCP Capital warned that risks to economies were still growing. It specifically highlighted the US Strategic Petroleum Reserve (SPR).  “With no monetary cushion coming, the physical buffers matter more. In oil, Doha talks ended with no shipping deal and missiles struck two tankers on 7 July, with Hormuz flows still well below normal,” it wrote about recent Iran events.  “The reserve looks thinner still:

07-11Industry

Morgan Stanley Targets Ethereum and Solana ETF Market Share Amid Intensifying Fee Competition

Key TakeawaysMorgan Stanley‘s ethereum and solana filings extend the bank’s proprietary crypto ETF strategy beyond its existing Bitcoin fund.The proposed pricing suggests crypto ETFs are shifting from product novelty toward competition for investor assets.Both trusts would include staking and institutional custody but remain preliminary offerings without confirmed launch dates.  Why the Crypto ETF Market May Be Entering a Commodity Phase  Morgan Stanley‘s proposed ethereum and solana exchange-traded funds (ETFs) would enter a market where issuers increasingly offer similar exposure to the same assets. The firm recently amended both filings with the U.S. Securities and Exchange Commission (SEC) to include a 0.14% management fee, below Grayscale’s 0.15% and Franklin Templetons 0.19%. The narrow spread signals intensifying price competition.  Brian Rudick, chief strategy officer at Solana treasury company Upexi and formerly head of research at crypto trading firm and liquidity provider GSR, argued that the fee matters less than what it suggests about the markets development. On July 9, he shared on X:  “Issuers dont compete on price until the product is close to a commodity and the fight is for share, the same compression the spot BTC ETFs went through.”  “ SOL ETF AUM already crossed $1B, led by Bitwises BSOL, so there is real share

07-11Industry

UFC 329 Fight Card: Odds, Prop Bets, Predictions And Picks

LAS VEGAS, NEVADA – JULY 09: (L-R) Conor McGregor and Max Holloway face off during the UFC 329 press conference at T-Mobile Arena on July 09, 2026 in Las Vegas, Nevada. (Photo by Jeff Bottari/Zuffa LLC)  Zuffa LLC  Saturday‘s UFC 329 fight card features the return of former two-division UFC champion Conor McGregor. In the evening’s main event, McGregor faces ex-UFC featherweight titleholder Max Holloway in a rematch of their 2013 bout at 145 pounds. McGregor won that contest via unanimous decision. At UFC 329, McGregor and Holloway face off at the welterweight limit of 170 pounds. Below, we look at the betting odds, line movement, potential prop bets, and picks for the UFC 329 main card.  UFC 329 Fight Card Main Event: Betting Odds, Line Movement And Predictions – Conor McGregor vs. Max Holloway 2  LAS VEGAS, NEVADA – JULY 09: (L-R) Conor McGregor and Max Holloway face off during the UFC 329 press conference at T-Mobile Arena on July 09, 2026 in Las Vegas, Nevada. (Photo by Jeff Bottari/Zuffa LLC)  Zuffa LLC  When the betting odds opened for McGregor vs. Holloway 2, Holloway was a -345 favorite over the +250 McGregor. With money coming in on McGregor, those odds have tightened. Today, Holloway is

07-11Industry

South Korea tests blockchain stablecoin in first government pilot

South Korea has launched its first government-backed blockchain stablecoin pilot after Gyeonggi Province confirmed an eight-month proof-of-concept program scheduled to begin in August.  SummaryGyeonggi Province will begin South Koreas first government-backed blockchain stablecoin pilot in August.ZKrypto will test issuance, settlement, privacy, fraud prevention, and proof-of-reserves through February 2027.Toss and KT have also launched separate initiatives to develop infrastructure for won-based stablecoins.  According to blockchain media outlet NexBlock, Gyeonggi Province, the countrys most populous province, will begin testing a blockchain-based stablecoin in August as part of an initiative to examine its use for regional currency and government disbursements. The project is being led by blockchain security company ZKrypto and is expected to run until February 2027.  First phase focuses on core stablecoin functions  During the initial stage, the pilot will test how the stablecoin is issued, circulated, and settled before moving into a second phase between October and December. ZKrypto said the later stage will examine fraud prevention measures, privacy protections, and the possibility of using the stablecoin across public benefit programs.  To support the pilot, ZKrypto said the system will use zero-knowledge proof technology to stop duplicate spending while protecting user privacy. The company added that proof-of-reserves technology will verify reserve assets in real time

07-11Industry

US CBDC ban to go into effect without Trump signoff on housing bill

A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it.  Just after midnight on Friday, the 21st Century ROAD to Housing Act will have been in Trump‘s hands for 10 days, excluding Sundays, the maximum amount of time a bill can be on the president’s desk without a veto or a signature. Under the US Constitution, the legislation will automatically become law without action from Trump, who canceled the signing ceremony for the bill on Jun 24.  In a Friday social media post, Trump confirmed that he would not sign the housing bill, calling Republicans in Congress who voted on the legislation “dumb” and urging the Senate to instead prioritize a controversial voting bill, the SAVE America Act. The legislation, which would require people to provide proof of US citizenship in person to register, has received widespread criticism for claims that it would disenfranchise citizens already eligible to vote.Source: Donald Trump  The housing bill, passed by the House of Representatives and Senate in June with support from Democrats and Republicans, included language barring the Federal Reserve from issuing or

07-11Industry

Bitcoins $10 billion credit market keeps growing after its first major selloff

Bitcoins more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin calls and drove its leading preferred shares far below par.  A new report from BitcoinTreasuries.net described the downturn as the sectors first meaningful stress test, offering an early measure of whether companies can reliably build financing structures around their cryptocurrency reserves.  The selloff showed how quickly supposedly stable products can buckle when too much leverage piles in. Yet the market emerged bruised but operational. Dividend payments continued, secondary-market volumes reached record levels, and corporate treasuries kept adding Bitcoin to their balance sheets.  That resilience has drawn praise from industry proponents and sustained interest from prospective issuers, which are advancing plans for new yield-paying products across the US, Europe and Asia.  Investors are now betting that corporate Bitcoin holdings can support a wider market for preferred shares and similar debt-like products.  How leverage turned a stable trade into a cascade  Leverage piled into preferred shares that looked stable, then unwound in a rush of liquidations.  Strategy, the largest Bitcoin holding company with over 800,000 BTC, and Strive have used preferred shares to raise capital without relying entirely on common-stock sales or conventional debt. The securities typically carry a $100

07-11Industry

XRP Price Prediction: Analyst Maps Rally to $2.55 as Macro Accumulation Zone Holds

XRP continues to trade in a consolidation phase, with technical analysts divided between a cautious short-term outlook and an increasingly constructive long-term picture.  While current market indicators point to limited momentum, several chart analysts argue that the XRP priceremains within a historically significant accumulation zone that could support a broader recovery if key resistance levels are reclaimed.  XRP price holds key macro accumulation zone  A long-term XRP/USDT chart shared by an independent market analyst suggests that the current consolidation may represent a classic accumulation phase rather than the start of another bearish leg.  A major horizontal resistance zone between $2.50 and $2.60 remains the key long-term hurdle, serving as the primary macro target and structural ceiling for the current market cycle. Source: Lingrid on TradingView  According to the analysis, XRP has spent nearly two years forming a large symmetrical triangle on the higher timeframe. The lower boundary of that pattern has repeatedly acted as macro support, with buyers consistently stepping in during previous market corrections.  The chart also identifies a grey accumulation region surrounding current price levels, describing it as an institutional buying area where larger market participants may be building positions before any sustained breakout.  The analyst wrote:  Discover more  Merchant Services & Payment Systems  Brokerages & Day Trading  Financial

07-11Industry

SEC could start writing crypto rules before the Senate votes on CLARITY

Three SEC crypto proposals are now penciled in for July, covering token offerings, broker-dealer custody and trading venues. The agency could start writing the rules before the Senate even decides whether to take up the CLARITY Act.  Earlier this week, SEC Chair Paul Atkins said the agencys 2026 regulatory agenda aims to bring more crypto products onshore, create clearer rules for capital raising with crypto assets, and clarify how market participants can custody and facilitate the trading of tokenized securities on-chain.  According to him:  “[These efforts are to] ensure that the next chapter of financial leadership is written in the US, and that our capital markets continue to lead the world – in their depth, their dynamism, and their unrivaled ability to transform ingenuity into prosperity.”  That posture has translated into three July NPRM targets covering crypto-asset offerings, broker-dealer rules, and crypto market-structure amendments.  If any of those proposals is published this month, the SEC would move the crypto debate from policy signaling into a formal rulemaking process.  That would come as US lawmakers have yet to decide whether to bring the highly anticipated CLARITY Act to the Senate floor. The bill is designed to establish a federal framework for the crypto industry and clarify how

07-10Industry

Revolut integrates its crypto exchange with AI assistants as agentic trading spreads

Quick TakeRevolut has connected its standalone crypto exchange, Revolut X, to third-party AI assistants, including Claude, Gemini, OpenClaw and Cursor, allowing users to analyze markets, set alerts, and place trades via natural language prompts.Users remain responsible for reviewing and approving every order, and Revolut said it does not endorse or guarantee the third-party AI tools or accept liability for erroneous trades.  Revolut has connected its standalone crypto exchange, Revolut X, to third-party AI assistants, allowing customers to analyze markets, monitor portfolios, and place trades using natural language prompts, the fintech said Friday.  Supported assistants include Claude, Gemini, OpenClaw, and Cursor, with users on other platforms able to link accounts through a universal skill or a command-line interface published on GitHub, according to the company. No coding is required.  The integration lets customers request plain-text breakdowns of portfolio performance, pull real-time market data, set custom price alerts, place market and limit orders, and manage open positions without returning to the Revolut X app.  Customers can also describe a trading idea in natural language — a grid strategy on bitcoin over the last 90 days, for instance — and receive historical performance, risk metrics, and optimization results.  “AI agents give us much faster workflows, smarter execution, and

07-10Industry

Robinhood Chain sees over $70M in ETH bridged during first week

The amount of Ether bridged to Robinhoods new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal.  Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.”  “If adoption continues, the chain could become a meaningful new source of demand for ETH,” said Token Terminal on Thursday.  Robinhood has also offered tokenized stocks to customers in more than 120 countries, responding to a surging demand for tokenized US equities. Ethereum and its layer-2 scaling networks have been a popular choice for tokenized real-world assets (RWA) with more than 50% market share, according to RWA.xyz, and this move could cement that position even further.  Turning liquidity into economic activity  “Robinhood Chain is rapidly turning liquidity into economic activity,” said Token Terminal in a separate post on X.  Robinhood Chain‘s daily active users reached 194,000 while daily revenue has grown to $39,000, equivalent to a $14 million annualized revenue run rate, within the chain’s first week, it said.  DefiLlama, a decentralized finance data platform, shows similar figures, showing Robinhood Chain has a total value locked of 46,748 ETH, worth around $83 million at

07-10Industry
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