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According to SoSoValue data, last week's trading days (Eastern Time from July 6 to July 10) saw a net inflow of $197 million into Bitcoin spot ETFs.The Bitcoin spot ETF with the highest net inflow last week was Blackrock ETF IBIT, with a weekly net inflow of $292 million, bringing IBIT's historical total net inflow to $60.29 billion. Following that was Grayscale Bitcoin Trust BTC, with a weekly net inflow of $95.084 million, currently having a historical total net inflow of $2.49 billion. The Bitcoin spot ETF with the highest net outflow last week was Grayscale Bitcoin Trust GBTC, with a weekly net outflow of $108 million, currently having a historical total net outflow of $27.28 billion. As of the time of publication, the total net asset value of Bitcoin spot ETFs was $77.42 billion, with an ETF net asset ratio (market value as a percentage of Bitcoin's total market value) reaching 6.05%, and the historical cumulative net inflow has reached $51.28 billion.

According to a report by the Procuratorial Daily, researchers from the People's Procuratorate of Yuhu District, Xiangtan City, Hunan Province, and the Law School of Xiangtan University have jointly written an article proposing a systematic response plan to the regulatory dilemmas of money laundering crimes using virtual currency. The article points out that current judicial practice faces three major dilemmas: first, Article 191 of the Criminal Law limits money laundering crimes to seven types of upstream crimes, resulting in many cases being treated as "concealment crimes"; second, methods such as mixers, privacy coins, and cross-chain transfers lead to fragmented evidence chains, making traditional investigative methods difficult to penetrate; third, conflicts in the legal attributes of virtual currency, a vacuum in procedural rules, and barriers to cross-border cooperation make it difficult to recover assets.In response, the article suggests promoting "dual investigations for one case," establishing the principle of self-authentication of blockchain data, constructing a tiered standard of proof, and establishing a national-level custody and disposal platform for involved virtual currencies, while actively promoting the signing of special agreements for international criminal justice assistance in virtual currency crimes.

After a meeting with Islamic scholar Mufti Taqi Usmani, Bilal bin Saqib, the chairman of the Pakistan Virtual Assets Regulatory Authority, stated that stablecoins, tokenized RWA, and other blockchain products should undergo separate technical and Islamic law assessments and should not be regarded as the same category.Previously, scholars including Usmani issued a fatwa declaring that USDT and other cryptocurrencies do not constitute wealth recognized by Islamic law, rendering transactions for purchasing physical goods or digital services invalid. Pakistan passed the Virtual Assets Act in March of this year, requiring exchanges, custodians, and token issuers to ensure compliance with Islamic law under the guidance of an Islamic finance scholars committee. At the same time, the country is advancing sovereign stablecoins, national asset tokenization, and licensing for cryptocurrency trading platforms.

According to Coinglass data, the current whale holdings on the Hyperliquid platform are 5.15 billion USD, with long positions at 2.506 billion USD, accounting for 48.67% of the holdings, and short positions at 2.644 billion USD, accounting for 51.33% of the holdings. The profit and loss for long positions is -39.0339 million USD, and for short positions is -61.1665 million USD.Among them, the whale address 0x082e..88 has taken a 5x full position long on HYPE at a price of 38.6755 USD, currently showing an unrealized profit and loss of 39.0282 million USD.

According to CryptoRank data from July 12, in 2026, the average single-round investment scale in the crypto industry venture capital is led by prediction markets at $118 million, far surpassing other sectors. Exchanges rank second at $76.2 million, blockchain infrastructure is third at $47.8 million, and compliance ranks fourth at $29.4 million.AI ($27.3 million), payments ($26.3 million), infrastructure ($22.8 million), and social ($22.1 million) are in the mid-range. Brokerage ($21.5 million), RWA ($17.5 million), CeFi ($16.2 million), and DeFi ($14.6 million) are at the lower end. The leading position of prediction markets reflects the strong appeal of this sector to institutional capital driven by catalytic events such as the 2026 World Cup.

CryptoQuant analyst Darkfost stated that the current Bitcoin price has been below the short-term holder cost basis (STH Cost Basis) for more than 9 consecutive months. Historically, this kind of prolonged loss phase for short-term holders is often highly correlated with bear market cycles.Currently, the short-term holder cost basis for Bitcoin is approximately $70,700, which continues to act as a resistance level. The market trend in May has reflected this pressure, as BTC quickly encountered a pullback after testing this area near approximately $82,000.

Forbes has selected 10 cryptocurrencies worth investing in based on the utility or value storage attributes of the tokens, combined with indicators such as performance over the past 7 days and 24-hour trading volume. The selected projects all have a market capitalization exceeding $5 billion, namely BTC, ETH, BNB, XRP, SOL, TRON (TRX), HYPE, RAIN, LEO, and Zcash (ZEC).Forbes states that Bitcoin and Ethereum are widely regarded as the "gold and silver" of the cryptocurrency world, with current market capitalizations of approximately $1.289 trillion and $21.647 billion, respectively, accounting for about 68% of the entire crypto market. In its selection methodology, Forbes considered the fundamental use of each crypto asset, excluding stablecoins, wrapped crypto assets, liquid staking tokens, and meme coins, focusing on projects with clear investment logic that are expected to appreciate as adoption and utility increase.

According to DeFiLlama data, Polymarket's revenue reached $11.46 million in the week from July 6 to 12, setting a new high since 2026. Currently, its total value locked (TVL) is approximately $374 million, with an annualized revenue of about $188 million and a trading volume of approximately $4.936 billion in the last 30 days.

Michael Saylor, the founder and executive chairman of Bitcoin Treasury Company Strategy, has once again released information related to Bitcoin Tracker, captioned "Orange dots tell only part of the story."According to previous patterns, Strategy usually discloses information about increasing Bitcoin holdings the day after relevant news is released.

According to CoinDesk, Christian Lopez, head of blockchain and digital assets at investment bank Cohen & Company Capital Markets, stated that as investors rotate funds into other sectors and macro uncertainty continues to suppress risk appetite, the crypto IPO market has noticeably slowed down.Lopez pointed out that although the successful listings of Circle and Bullish had raised high expectations for crypto IPOs in 2026, the subsequent weakening of market conditions, declining trading volumes, and underperformance of some post-listing stocks have dampened enthusiasm for new issuances. Several crypto companies, including Kraken's parent company Payward, Consensys, Ledger, and Grayscale, have postponed their IPO plans, waiting for market improvement; however, Blockchain.com and FalconX are still advancing their listing processes.Lopez believes that the uncertain interest rate outlook and global deleveraging pressures are making investors more cautious about high beta assets like crypto. He expects that the window for crypto companies to go public may not substantially reopen until next year. Additionally, he stated that regulatory clarity is no longer the primary obstacle for crypto companies going public; rather, the ability to access capital and business diversification are more critical.

According to Coinglass data, the Coinbase Bitcoin premium index has been in the negative premium range for 55 consecutive days (from May 19 to present), with the latest value at -0.0072%. Previously, this index was in negative premium for 40 consecutive days from January 16 to February 24 this year, setting the record for the longest "continuous negative" period since the index was launched, surpassing the approximately 30 days of continuous negative premium during the "1011 crash."Historical data shows that prolonged negative premiums are often accompanied by the exit of institutional funds from the U.S., and caution is needed regarding short-term pullback pressure.

Bitget's head of Greater China, Xie Jiayin, posted on the X platform stating that the AUM of rToken has reached 115 million USD in 5 weeks since its launch, and pointed out that "many teams overlook the core demands of Wall Street institutions when dealing with RWA: risk control convenience and capital utilization."Xie Jiayin emphasized that the biggest underlying driving force of rToken is the unified account mechanism, which truly realizes "simultaneous operation and unified risk control" of crypto assets and US stock assets. In extreme market conditions, users can use unrealized gains from US stocks to supplement their crypto positions, or use long-term holdings in the crypto space as leverage to unlock more trading opportunities, breaking the asset isolation between traditional crypto exchanges and US stock brokers.

Custodia Bank has submitted a petition for rehearing to the U.S. Supreme Court, requesting confirmation on whether the president of the regional Federal Reserve Bank has the authority to refuse to provide master account services to institutions. Custodia Bank has applied for a Federal Reserve master account multiple times and was denied by the Federal Reserve in 2023, citing significant safety and soundness risks associated with its new business model and its intended focus on digital assets.Custodia Bank subsequently appealed to the U.S. Tenth Circuit Court of Appeals, which ruled in favor of the Kansas City Federal Reserve Bank in 2024. The U.S. Supreme Court will decide in October whether to hear the case.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to $5.118 billion, with long positions totaling $2.494 billion, accounting for 48.72% of the holdings, and short positions totaling $2.625 billion, accounting for 51.28%. The profit and loss for long positions is -$24.1209 million, and for short positions, it is -$76.3876 million.Among them, the whale address 0x082e..88 has taken a 5x full position long on HYPE at a price of $38.6755, currently showing an unrealized profit and loss of $39.4312 million.

According to official news, some users of the Phantom wallet are currently experiencing performance issues when using transfer and exchange functions. The team is investigating and addressing the issue and will provide timely updates on the progress.

According to Bali Discovery, a 41-year-old Russian man was kidnapped in Bali and forced to hand over his cryptocurrency account. The man was stopped while riding his motorcycle after work by a black Nissan Serena, where two masked assailants handcuffed him with plastic handcuffs, blindfolded him, and took him to a two-story house.The man was held captive for about 30 hours, during which he was subjected to violent treatment, including punches and kicks. The assailants forced him to give up his cryptocurrency account password, stole his phone, and used the villa keys taken from his motorcycle to enter his residence and take his second phone, further gaining access to his accounts.Around 4 a.m. on July 4, the man was dumped near Udayana University Hospital in Jimbaran and received treatment. Bali police spokesman Ariasandy confirmed that a report had been received and that they are making every effort to apprehend the suspects.

According to PR Newswire, the US-listed Bitcoin treasury and AI data center company Hyperscale Data has disclosed that it has recently increased its BTC holdings again, and as of now, its Bitcoin reserves have surpassed 1,000 coins.The company's management revealed that it plans to use Bitcoin as a potential collateral for financing in the future, and to achieve balance sheet diversification alongside cash and other strategic assets.