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Bitcoin rose as high as $64,832 on July 14 after US CPI fell 0.4% in June. The Labor Department said annual CPI slowed to 3.5%, below economists’ 3.8% forecast. Core CPI rose 2.6% from a year earlier, while Fed Chair Kevin Warsh said the report was not mission accomplished. Rising oil prices and renewed Strait of Hormuz disruption could test the rally.

BLS reported that June CPI fell 0.4% from May to June, and Bitcoin crossed $64,000 within minutes. Annual CPI came in at 3.5%, below the 3.8% analyst consensus. Core CPI held flat month-over-month and rose 2.6% annually. CME FedWatch showed traders pricing rates unchanged at the July 28-29 FOMC meeting after the print.

The CFTC ordered Kalshi on Tuesday to honor trades involving Michigan residents despite Michigan's attempt to force cancellations. About two weeks ago, a Michigan state court issued a 14-day restraining order that directed Kalshi to stop offering sports-related event contracts and unwind certain existing trades. Kalshi is a registered DCM regulated by the CFTC and the Commodity Exchange Act. The CFTC also filed lawsuits against several states to protect the jurisdiction it says Congress granted.

Fold posted 50 BTC after a formal collateral-maintenance notice, while Empery Digital and Nakamoto posted 576 BTC and 688 BTC after loan thresholds or maintenance requirements were hit. Some reviewed loan agreements give borrowers 12 or 24 hours to add collateral, repay debt or risk lender sale rights. No reviewed filing reported a lender sale of pledged Bitcoin or a 12- or 24-hour response clock currently running.

IBM shares fell as much as 25% on Tuesday after preliminary Q2 revenue of $17.2 billion missed expectations. CEO Arvind Krishna said IBM did not adapt quickly enough as customers shifted budgets toward AI servers, storage, and memory. IBM also issued lower-than-expected forecasts for next quarter and the remaining fiscal year.

Prism is relaunching on a new Ethereum contract after an attacker spent most of July siphoning off nearly 40% of trading fees. CoinGecko data showed the original PRISM token plunged about 91% in the 24 hours through 2:13 p.m. ET on Tuesday. Prism said the attacker created 2,500 extra fee-earning positions beyond the 5,000 the token design allows.

Ripple and XRP recorded two institutional wins in 24 hours through a Japan-focused partnership and Ripple's x402 Foundation membership. Doppler Finance and SBI Digital Finance did not reveal launch dates or technical specifications. XRP traded near $1.10 and was down 6% over the past 30 days, according to BeInCrypto data.