News & Research

Cantor Equity Partners (CEP), a special purpose acquisition company (SPAC) backed by U.S. investment bank Cantor Fitzgerald, and Bitcoin-focused firm Twenty One Capital have confidentially filed a draft Form S-4 with the U.S. Securities and Exchange Commission (SEC) as part of their proposed business merger., according to Business Wire.

Jack Yi, founder of crypto investment firm LD Capital, said on X that Ethereum’s (ETH) climb above $3,000 signals the beginning of a major crypto bull market. He noted that the firm has maintained a bullish outlook since ETH traded near $1,450, publishing multiple reports that advised investors to avoid short positions. Yi cited ETH’s deep undervaluation, driven by catalysts such as stablecoins and real-world assets, and emphasized the importance of patient, consistent investment despite market volatility.

BlackRock is now buying more Ethereum than Bitcoin, Arkham Intelligence reported via X. The world’s largest asset manager just bought ETH worth $158 million and BTC worth around $125 million.

CryptoQuant Analyst J.A. Maartunn took to X to point out that Ethereum futures open interest (OI) has has reached a new all-time-high (ATH) of 8,060,259 ETH

Bitcoin has hit a new all-time-high (ATH) price, but despite that, crypto analytics firm CryptoQuant has found that there is no evident selling pressure. Exchange inflows have fallen to 18,000 BTC per day, the lowest since 2015. This is 78% lower than when Bitcoin hit the $100,000 mark in November 2024.

Eleanor Terrett of Crypto in America reported on X that the U.S. House Financial Services Committee’s GOP members postponed releasing their market structure draft to next week for further revisions. Meanwhile, the House Ways and Means Oversight Subcommittee moved its hearing on a 21st-century crypto tax policy to Wednesday, July 16, during "Crypto Week."

Ant International, the global division of China’s largest fintech company Ant Group, denied reports that it plans to integrate Circle’s USDC stablecoin into its blockchain platform, according to AInvest. The move highlights its intent to maintain control over its own digital asset ecosystem amid growing competition and regulatory scrutiny in the stablecoin market.

Coinbase Exchange has partnered with Perplexity, an AI (artificial intelligence) search engine, to provide traders with real-time, trusted crypto data for better decision-making, Coinbase CEO Brain Armstrong announced via X. The first phase of the collaboration, which includes market data integration, went live on July 10, with more features planned for the near future.

U.S. stock markets have opened mixed today. S&P500: +0.06% NASDAQ: +0.11% Dow: -0.07%

Nasdaq-listed K Wave Media (KWM) has secured $1 billion to accelerate its Bitcoin (BTC) acquisition strategy, according to Globe Newswire press release. This includes a $500 million Standby Equity Purchase Agreement (SEPA) and a $500 million convertible note agreement with Anson Funds. The company aims to acquire 10,000 BTC and integrate Bitcoin into its operations alongside its K-content businesses.