News & Research

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.

A wallet likely linked to Cumberland withdrew 25,000 ETH worth $69.56 million from Binance Exchange, according to Lookonchain on X. In the past three days, the wallet has withdrawn a total of 55,383 ETH worth $148 million from the exchange.

A wallet believed to be linked to staking and validator service provider Arthapala transferred another 6,440 ETH, worth about $17.98 million at an average price of $2,793, to exchanges in the past six hours, according to on-chain analyst ai_9684xtpa on X. Since June 2025, the wallet has moved a total of 108,607 ETH, valued at roughly $272 million, for unknown purposes.

Nasdaq-listed GameSquare (GAME) has announced the purchase of 1,818.84 ETH for $5 million to support its Ethereum treasury. According to JinSe Finance, the company had previously stated plans to build a treasury worth up to $100 million in Ethereum. GameSquare also completed an $8 million fundraising through a stock offering, selling 8,421,054 shares at $0.95 each.