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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 cryptocurrency Fear and Greed Index is currently at 25, an increase of 0 points from yesterday. The average over the past 7 days is 23, and the average over the past 30 days is 19.

According to Coinglass data, in the past 7 days, CEX platforms have seen an outflow of 2,025.66 BTC, among which:Coinbase Pro platform saw an outflow of 1,197.21;Kraken platform saw an outflow of 2,110.93;Bitfinex platform saw an outflow of 228.35;Binance platform saw an inflow of 745.76;OKX platform saw an inflow of 845.31.

According to Coinglass data, if ETH breaks through $1,899, the cumulative short liquidation intensity on mainstream CEX will reach $619 million. Conversely, if ETH falls below $1,721, the cumulative long liquidation intensity on mainstream CEX will reach $540 million.

According to Bitcoin.com, the Singapore Police Force's Anti-Fraud Centre and Cybercrime Investigation Department, in a six-week joint anti-fraud operation from April 16 to May 31, 2026, collaborated with Coinbase, Coinhako, Gemini, Independent Reserve, OKX, StraitsX, and Upbit to identify potential fraud victims using blockchain analysis tools from Chainalysis and TRM Labs. They conducted over 145 targeted interventions through phone calls and on-site visits, preventing potential losses exceeding $4.2 million.Coinbase Singapore posted on X on July 10, stating that it collaborated with the Singapore Police to prevent over 145 individuals from losing a total of more than $4.2 million due to fraud. The Singapore Police stated that they will continue to work with cryptocurrency exchanges and other private sectors to combat cybercrime.

According to Jinshi reports, on Friday evening (July 10) Eastern Time, SK Hynix CEO Kwak Noh-jung predicted that 2027 will be the year with the tightest supply in the history of the storage industry."Now customers are coming to SK Hynix seeking long-term supply agreements. Demand continues to grow, while our production capacity is limited. Although we are doing our utmost to expand capacity, even after 2030, customer demand may still exceed the company's supply capability," he said.However, domestic investment professionals who have had contact with South Korean storage manufacturers indicated that, in addition to their own development, executives from overseas storage giants are also paying attention to the expansion progress of Chinese storage manufacturers. The domestic "two storage" (Changxin Storage and Yangtze Memory Technologies) may become the biggest variable in the future storage market.

According to the token unlocking data from the Crypto asset data platform RootData, RateX (RTX) will unlock approximately 1.23 million tokens at 9:00 AM Beijing time on July 19, worth about 1.31 million USD.

According to on-chain data monitored by Catcher Predict, significant capital movements are predicted in the market Polymarket. A large whale invested $168,200 in the event "UFC 329: Max Holloway vs. Conor McGregor" for the match "Max Holloway vs. Conor McGregor." Based on the current transaction price, the latest corresponding winning probability for this bet is 29%.

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.

Uniswap founder Hayden posted on the X platform that 99.5% of the DEX trading volume related to Robinhood Chain comes from Uniswap.

According to Bitcoin News, a Bitaxe ASIC miner equipped with a single chip mined Bitcoin block number 957,382, earning the full block reward of 3.1382 Bitcoins, valued at approximately $200,580. This miner has a hash rate of about 1 TH/s and is the only device at that address.Since mining was done through a public mining pool (with a fee of 0%), the miner's owner retained 100% of the block reward and transaction fees. The mining difficulty of this block reached 294.14T, which is more than 2.2 times the required difficulty of 133.87T. With a hash rate of 1 TH/s, the average probability of mining a block is about once every 16,000 years, making this an extremely rare event.

According to monitoring by Catcher Predict, in the market prediction on Polymarket for the event "Wimbledon Women's Singles Muchova vs. Noskova," the "Over" option for the sub-market "Total Games Exceeding 21.5" has experienced a sharp fluctuation in winning probability, dropping from 63% an hour ago to the current 26% (a fluctuation of 37%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, in the predicted market event "Counter-Strike: PARIVISION vs FaZe - XSE Professional League Playoffs" on Polymarket, the "PARIVISION" option in the sub-market "Map 2 Winner" has experienced significant fluctuations in win probability, soaring from 56% an hour ago to the current 97.5% (a fluctuation of 41.5%). Please note the impact of relevant breaking news.

Real Vision's Chief Crypto Analyst Jamie Coutts stated that Bitcoin may be entering the later stages of this bear market. Although the bear market has not ended, the downward momentum has begun to weaken. The current BTC price has fallen about 50% from the historical high of $126,100 set in October 2025. Coutts referred to the current trend as a "typical bear market" and pointed out that Bitcoin's volatility has decreased by about 50% compared to the previous cycle, which suggests that this decline may not be as severe as the previous bear market. However, he cautioned that all current trend indicators are still clearly bearish, and the market will not mechanically replicate historical cycles.He noted that longer-term momentum indicators are beginning to show bullish divergence, indicating that negative momentum is slowing down, but this does not mean that Bitcoin has technically exited the bear market. In addition to the tightening of global liquidity, the deterioration of on-chain demand has also been a significant reason for Bitcoin's decline. Regarding long-term price predictions, Coutts is cautious about Bitcoin reaching $1 million by 2030. He prefers to predict that BTC will rise to between $200,000 and $250,000 in the next two to three years. He also warned that the Bitcoin community needs to more clearly address the potential threat of quantum computing before 2027, as significant protocol upgrades may take about five years.

According to Coinglass data, if BTC breaks through $67,047, the cumulative short liquidation intensity on mainstream CEX will reach $750 million. Conversely, if BTC falls below $61,132, the cumulative long liquidation intensity on mainstream CEX will reach $743 million.

According to Onchain Lens monitoring, in the past 24 hours, 11 wallets associated with the same whale purchased 12.99 trillion PEPE, worth 3.58 million dollars.

Galaxy Research Director Alex Thorn posted on the X platform revealing that there has been a significant development in the case of abandoned bitcoins, where "Noah Doe" is attempting to obtain ownership of Satoshi Nakamoto's bitcoins through legal proceedings. The Bitcoin Policy Institute (BPI) has officially applied to intervene in the case as a defendant and seeks to push the court to dismiss all lawsuits.It is reported that BPI, represented by the law firm White & Case, has not only applied to intervene in the case but has also submitted a proposed defense document, 15 active defenses, and plans to file a motion to dismiss.Alex Thorn disclosed that BPI claims it is qualified to intervene because the organization has long self-custodied a portion of its bitcoin reserves intended for indefinite holding. The plaintiff's theory that "long-term inactivity constitutes abandonment" could potentially include similar assets in future lawsuits. If the legal logic of this case is ultimately supported by the court, it may set a precedent for depriving long-term self-custody users of asset ownership, making this lawsuit not only related to Satoshi Nakamoto's assets but also concerning the legal foundation of the entire bitcoin self-custody ecosystem.

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.

According to Jinshi reports, the tensions between the U.S. and Iran escalated sharply this week, with mutual attacks leading to the collapse of a fragile ceasefire agreement that had lasted for about three weeks. The inflationary pressure driven by rising oil prices has reignited expectations for the Federal Reserve to tighten its policies. During the same period, U.S. stocks largely ignored geopolitical uncertainties, with the "AI trading" frenzy regaining momentum, as the S&P 500 index approached an all-time high, and both it and the Nasdaq recorded a consecutive weekly gain. SK Hynix's ADR surged 13% on its first day, with a fundraising amount of $26.5 billion, making it the highest fundraising foreign company IPO in U.S. stock market history.In the coming week, the U.S.-Iran situation, U.S. CPI and other economic data, and speeches from Federal Reserve officials will capture Wall Street's attention. There is particular anticipation for whether Federal Reserve Chairman Waller can provide more clues about the interest rate outlook under questioning in Congress, although his determination to cancel forward guidance leaves little room for optimism. The macro data events for next week are as follows:MondayFederal Reserve Governor Waller speaksTuesdayU.S. ADP employment change for the week ending June 27U.S. June CPI and core CPIFederal Reserve Chairman Waller attends the House Financial Services Committee "Federal Reserve Semiannual Monetary Policy Report" hearingWednesday2027 FOMC voter and Chicago Fed President Goolsbee participates in a fireside chatU.S. June PPI and core PPIFOMC permanent voter and New York Fed President Williams speaksFederal Reserve Chairman Waller attends the Senate Banking, Housing, and Urban Affairs Committee "Federal Reserve Semiannual Monetary Policy Report" hearingFederal Reserve releases the Beige Book on economic conditionsThursdayU.S. initial jobless claims for the week ending July 11, U.S. June retail sales month-on-month, U.S. July Philadelphia Fed manufacturing index2026 FOMC voter and Dallas Fed President Logan speaksFederal Reserve Vice Chairman Jefferson speaks on the economy and monetary policy

According to Coinglass data, if ETH breaks through $1,882, the cumulative short liquidation intensity on mainstream CEX will reach $647 million. Conversely, if ETH falls below $1,709, the cumulative long liquidation intensity on mainstream CEX will reach $578 million.