For-Exx Kripto 1

DEXE's Historic Crash: What Triggered the 80% Collapse? The crypto market witnessed one of its sharpest sell-offs as DeXe ( $DEXE ) plunged more than 80% in a single trading session, erasing billions in market value. The crash quickly sparked speculation, including rumors of a rug pull, hacking, insider selling, and liquidity issues. However, none of these claims has been officially confirmed. On-chain data revealed large DEXE transfers to centralized exchanges before and during the collapse, leading some analysts to believe major holders may have triggered the initial selling pressure. Still, there is no verified evidence linking those wallets to the project team or early investors. The decline was likely intensified by cascading liquidations. After the first wave of selling, stop-loss orders were triggered and leveraged long positions were forcibly closed, accelerating the downward move in a chain reaction. Beyond the price drop, the biggest criticism has focused on transparency. Investors expected a detailed incident report, clarification on major wallet movements, and clear communication about the cause of the crash. Many believe those expectations have not yet been fully met, allowing speculation to spread faster than verified information. Several key questions remain unanswered: Who sold the large amounts of DEXE? Were those wallets connected to the project? Was there a technical issue, or was this purely a market-driven event? Will the team publish a comprehensive report? While the exact cause remains unclear, the incident highlights a fundamental reality of crypto markets: investor confidence is just as important as technology. Until official findings are released, separating verified facts from speculation remains essential.

$AVAX has been sideways for a long time, but it cannot recover reactively to where it started its downward movement, which indicates weakness...
My target of 5.00 first, then 2.67 remains...

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🔓 TOKEN UNLOCKS — JULY 22

No major confirmed cliff unlocks are scheduled for July 22.

Ongoing Linear Unlocks

$WLD — World

Approximately 39.6 million WLD (~$16 million) released daily.

Following Grayscale's ETF filing, market attention has shifted toward WLD. However, the concentration of roughly 90% of supply among the largest 100 wallets continues to create structural selling pressure.

Selling Pressure: MEDIUM 🟡

$GRAM — TON | July 23

Approximately 36.6 million TON (~$57.5 million)

0.71% of circulating supply

Selling Pressure: MEDIUM 🟡

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🔭 OUTLOOK & UPCOMING EVENTS

Today marked a genuine catalyst for the cryptocurrency market.

The CLARITY Act cleared its largest political hurdle, AI-related stocks recovered, and Bitcoin advanced into the $66,000 region.

However, three major steps remain before the legislation can become law: the revised text must be released publicly, Democratic lawmakers must complete their review, and Senate Majority Leader John Thune must schedule a vote before the August recess.

If the Senate fails to vote before the recess, expectations for regulatory clarity could quickly unwind, with XRP and the broader DeFi sector facing the greatest downside risk.

Key events to watch:

Coming days — Revised CLARITY Act text: Investors will watch whether Democrats receive the updated draft and whether the remaining seven votes can be secured.

July 28–29 — FOMC Meeting: The most important macro event of the month. The Fed's tone and interest-rate decision will likely determine whether Bitcoin can maintain its position above $66,000.

August 10 — Effective Senate deadline for the CLARITY Act: If this window closes without a vote, legislative progress during 2026 could become significantly more difficult amid the approaching election cycle.

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🔷 ETHEREUM & ALTCOINS

Ethereum maintained positive momentum after Vitalik Buterin demonstrated an anonymous messaging board built on Aztec, highlighting continued innovation in privacy infrastructure.

Expectations surrounding the Glamsterdam upgrade and BitMine's holdings of 5.77 million $ETH continue to provide long-term support.

$WORLD reacted positively to Grayscale's ETF filing. However, structural concerns remain, as the largest 100 wallets still control roughly 90% of the circulating supply, while token unlocks continue through July 2028.

XRP gained approximately 4% following renewed optimism surrounding the CLARITY Act.

JTO's approved buyback-and-burn proposal also highlights the growing adoption of deflationary tokenomics within the Solana DeFi ecosystem.

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📋 KEY CRYPTO NEWS

The CLARITY Act's ethics provision became a political obstacle after Trump disclosed approximately $ 1.4 billion in crypto-related income during 2025, alongside connections to World Liberty Financial and several memecoin projects. The provision would prohibit the President, Vice President, and members of Congress from profiting from digital assets while in office.

The revised text has so far been shared only with Republican lawmakers, indicating that negotiations remain incomplete.

Former New York Governor Andrew Cuomo joined the OKX Board of Directors and also became Co-Chair of the OKX–ICE/NYSE joint venture, marking another step toward deeper integration between traditional finance and cryptocurrency exchanges.

South Korea continues accelerating its regulated stablecoin framework, while Japan's recognition of cryptocurrencies as financial assets further strengthens institutional adoption across Asia.

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🌐 TODAY'S TOP HEADLINES

A major breakthrough emerged for the CLARITY Act. Trump agreed to the bill's ethics provision, removing what had become its biggest political obstacle. The White House circulated the revised language to selected Republican senators. Polymarket raised the probability of passage from 32% to 43–44%. While still well below February's 80% peak, it marks the strongest improvement in sentiment in months. Democrats have yet to review the revised text, and the Senate must vote before the August recess.

Bitcoin traded within a broad intraday range between $63,893 and $66,274, gaining more than 3% from the previous close as the CLARITY Act developments and a rebound in AI-related stocks boosted market sentiment.

Strategy sold 2.73 million MSTR shares between July 13 and July 19 without purchasing additional Bitcoin, raising $263.5 million in cash and increasing its USD reserves to $ 3.225 billion. Its Bitcoin holdings remain unchanged at 843,775 $BTC .

Cardano completed its first community-governed hard fork, with $ADA gaining roughly 3% on the day.

BONK recovered more than 15% following the recent treasury exploit, while JTO rose 8% after approval of its buyback-and-burn mechanism.

Zilliqa (ZIL) urged exchanges to suspend deposits and withdrawals after a partner exchange's cold wallet was compromised.

BitMine increased its total crypto-related assets to approximately $11.5 billion, including 5.77 million ETH, 207 BTC, and a $180 million equity stake in MrBeast's Beast Industries.

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₿ BITCOIN

Institutional signals continue to strengthen, with whale accumulation, options positioning, and ETF flows all pointing in the same direction.

A sustained move above $66,000 would shift technical focus toward the $ 67,000–68,000 resistance zone.

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🔓 TOKEN UNLOCKS — JULY 21

$GRVT | July 21 — Token Generation Event (TGE)

GRVT confirmed that its Season 2 allocation has increased to 18% of the fixed one billion token supply.

The TGE takes place today. Given its relatively small market capitalization and limited liquidity, volatility risk remains elevated. Selling Pressure: MEDIUM-HIGH 🟡

Ongoing Linear Unlocks (July 21)

WLD — World ~39.6 million WLD (~$16 million) Selling Pressure: MEDIUM 🟡

TRUMP — Official Trump ~6.33 million TRUMP (~$10.2 million) Selling Pressure: LOW 🟢

CC — Canton~$19.9 million daily emissions Selling Pressure: MEDIUM 🟡Upcoming Major Cliff Unlock

$GRAM — TON | July 23

~36.6 million TON (~$57.5 million) 0.71% of circulating supply, Selling Pressure: MEDIUM 🟡

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🔭 OUTLOOK & UPCOMING EVENTS

Markets enter the new week facing two opposing forces.

On one hand, two consecutive weeks of ETF inflows and growing institutional accumulation provide a constructive foundation.

On the other, uncertainty surrounding the proposed 10-day Iran ceasefire persists, while the Houthis' navigation ban targeting Saudi Arabia signals that geopolitical tensions continue to expand.

Under these conditions, Bitcoin's ability to hold above the $64,000 support level remains critical. A break below could expose the $62,000–$63,000 range once again.

Key events to watch this week:

July 23 — GRAM cliff unlock (~$57.5M): The week's largest token unlock, with potential implications for the TON ecosystem.

Late July — CLARITY Act Senate voting window: Markets will closely monitor whether the remaining seven Democratic votes can be secured. Failure could weigh most heavily on XRP and the broader DeFi sector.

July 28 — Zcash Ironwood Upgrade: A major security and privacy upgrade following the Orchard vulnerability.

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🔷 ETHEREUM & ALTCOINS

Ethereum broke above the $ 1,820 resistance level, bringing the $2,500 technical target into focus. Expectations surrounding the Glamsterdam upgrade and continued $ETH accumulation by Bitmine remain key bullish drivers.

Ethereum ETFs attracted $84.42 million in inflows last week, outperforming Bitcoin ETFs on a relative basis.

$HYPE continues to hold above the $61.01 support level.

SUI recorded a meaningful increase in active addresses over the past seven days.

Zcash will activate its Ironwood upgrade on July 28 following the Orchard vulnerability.

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📋 KEY CRYPTO NEWS

The end of the two-month ETF outflow streak suggests institutional demand is beginning to stabilize. However, CoinDesk notes that the recent $273 million in inflows remains modest compared with the previous $ 8.26 billion in outflows.

Advisor-level purchases through BlackRock and Fidelity distribution networks indicate genuine institutional participation, although sustained momentum will be required to fully reverse previous selling pressure.

Another critical week has passed for the CLARITY Act. The July 17 hearing clarified lawmakers' positions, but seven Democratic votes are still needed, while the window for a Senate vote later this month continues to narrow.

S&P 500 derivative approvals on Hyperliquid represent another milestone in the integration of traditional finance and decentralized finance, although markets have not yet fully priced in its long-term significance.

Japan's decision to legally recognize cryptocurrencies as financial assets also strengthens the foundation for broader institutional adoption across Asia.

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🌐 TODAY'S TOP HEADLINES

Mediators proposed a 10-day ceasefire to revive the temporary Iran–U.S. agreement, according to a senior Iranian official. Iranian Foreign Minister Abbas Araghchi traveled to Pakistan for diplomatic talks.

Trump warned that Iran would "pay many times over" for any American soldier killed, indicating that military pressure and diplomatic efforts continue simultaneously.

The Houthis announced a "navigation ban" for Saudi Arabia in surrounding waters, expanding the conflict zone and increasing risks to Gulf energy shipping routes.

U.S. spot Bitcoin ETFs closed the week ending July 18 with net inflows of $75.7 million, marking a second consecutive week of positive flows after the previous week's $197.4 million. The two-month, $ 8.26 billion outflow streak has ended, although the recovery remains modest.

Seven of eight market analysts expect Bitcoin to move higher this week, with price targets ranging between $61,000 and $70,000.

Tesla continues to accept Dogecoin payments for selected products, providing recurring media exposure for the $DOGE ecosystem.

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₿ BITCOIN

$BTC continues trading within a Fibonacci-based range between support at $62,067 and resistance at $ 67,065.

The $64,000 level remains the key short-term support. Holding above it would keep $65,500 and then $66,000 in focus.

Bitcoin ETFs attracted $273 million over the past two weeks. However, compared with the previous eight weeks' $ 8.26 billion in outflows, the recovery is not yet sufficient to confirm a structural trend reversal.

Chaikin Money Flow remains positive at 0.34, signaling continued buying pressure.

With ETF flows now estimated to explain roughly 45% of Bitcoin's weekly price movement, BlackRock's IBIT daily inflows remain a critical indicator.

After fluctuating horizontally between 6650 and 5798 for about a month, $LUNC broke through its lower support and could potentially move towards the 5045 level.

20–24 July 2026 | Weekly Risk Calendar (UTC+3) 🎯 Weekly Theme June CPI slowed from 4.2% to 3.5%, marking the biggest monthly decline since April 2020, while Core CPI fell to 2.6%, well below expectations. PPI also declined 0.3% month-over-month, recording its first monthly drop since 2024. Markets that had briefly priced nearly a 50% chance of a July Fed rate hike sharply reversed after the inflation data, with the probability of rates remaining unchanged now standing at 92.5%. 📅 Economic Calendar Thursday – July 23 15:30 TRT — Initial Jobless Claims Claims have remained stable between 207K and 215K over the past month, suggesting a labor market that is cooling but not deteriorating. Following June's weak 57K Nonfarm Payrolls report, this week's figures may indicate whether that slowdown was temporary or the beginning of a broader trend. 16:15 TRT — ECB Interest Rate Decision 16:45 TRT — ECB President Christine Lagarde Press Conference After raising rates to 2.25% in June, the ECB is widely expected (88% probability) to leave policy unchanged. With no updated economic projections, markets will focus entirely on the policy statement and Lagarde's tone. The key question is whether easing energy-driven inflation is spreading into Europe or whether the ECB still intends to leave the door open for another rate hike in September. Friday – July 24 16:45 TRT — U.S. S&P Global Flash PMI (July) ⚡ Crypto & Market Risks Flash PMI Price Components (Friday) If both U.S. and European surveys show easing input-price pressures, markets may conclude that inflation is genuinely moderating. September rate hike expectations could fall below the current 63%, creating a more supportive environment for cryptocurrencies. However, if price components remain elevated, last week's dovish CPI and PPI readings may be viewed as temporary anomalies, reviving expectations for further Fed tightening and increasing pressure on risk asset $BTC $XRP

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🔓 TOKEN UNLOCKS — JULY 18

$TRUMP — Official Trump | July 18 (Linear)**

~6.33 million TRUMP worth approximately $10.2 million.

0.63% of circulating supply.

Selling Pressure: LOW 🟢

Routine daily distribution with limited market impact.

$WLD — World | July 18 (Linear)**

~39.6 million WLD worth approximately $16 million.

Selling Pressure: MEDIUM 🟡

Ongoing emissions continue to create medium-term dilution pressure.

**CC — Canton | July 18 (Linear)**

Approximately $19.9 million in ongoing daily distribution.

Selling Pressure: MEDIUM 🟡

Total Unlocks (July 18): Approximately $46 million.

No major cliff unlocks, with most supply coming from continued WLD and CC emissions.

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🔭 OUTLOOK & UPCOMING EVENTS

Markets end the week facing three major themes: Bitcoin remains below key technical resistance, geopolitical tensions continue to rise, and the CLARITY Act still lacks the seven Democratic votes needed to advance.

The biggest question for next week is whether the Senate can move the CLARITY Act to a vote before the August recess. Failure would likely force markets to reassess expectations for regulatory clarity, with XRP and the DeFi sector facing the greatest downside risk.

Meanwhile, Trump's warning that attacks on Iran will expand, combined with growing tensions in the Strait of Hormuz, keeps upside risks for oil prices and inflation alive ahead of the July 28–29 FOMC meeting.

Key events to watch:

**July 18 — GENIUS Act rulemaking deadline:** Stablecoin regulations officially take effect.

**Late July — CLARITY Act Senate voting window:** Markets will watch whether the remaining Democratic support can be secured.

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🔷 ETHEREUM & ALTCOINS

$ETH continued to outperform Bitcoin this week, supported by expectations surrounding the Glamsterdam upgrade and steady institutional ETF inflows. ETHA attracted another $45.29 million, reinforcing confidence in the Ethereum ETF market.

XRP continues to trade on expectations surrounding the CLARITY Act, although seven Democratic votes remain unresolved. Standard Chartered estimates that a successful bill could attract $ 4–8 billion into spot XRP ETFs during the first year. Much of that optimism is already reflected in price, while failure could create downside pressure.

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📋 KEY CRYPTO NEWS

The current regulatory framework established by the SEC and CFTC in March 2026—which classified 16 digital assets, including Bitcoin, Ethereum, and $XRP —remains an administrative interpretation that could be reversed by a future administration. Only legislation can make those rules permanent.

During today's hearing, objections from Senators Murphy, Van Hollen, and Merkley over the removal of ethics provisions emerged as the biggest obstacle to the CLARITY Act.

South Korea's margin calls remain a short-term risk, as broader forced liquidations could spill into crypto markets.

The Bank of Japan's decision to keep rates unchanged further highlights the divergence between global central banks.

DBR entered its $10.37 million cliff unlock today, equivalent to more than 35% of its market capitalization.

July 18 marks the GENIUS Act rulemaking deadline, making this one of the most important weeks for U.S. crypto regulation.

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🌐 TODAY'S TOP HEADLINES

The U.S. began another military deployment to the Middle East,sending five aerial refueling aircraft toward Israel,with dozens more expected to follow. Trump announced that strikes against Iran will expand next week.

A Thai-flagged vessel attempted to transit the Strait of Hormuz despite warnings from the Iranian Navy,further escalating tensions over freedom of navigation.

The CLARITY Act entered a critical congressional hearing today at Federal Hall in New York. Lawmakers confirmed that seven Democratic votes are still needed for Senate approval. Senator Lummis warned that failure could delay meaningful legislation until 2030.

According to Kyodo,the Bank of Japan is expected to leave interest rates unchanged at its July meeting,keeping pressure on the yen amid ongoing global policy divergence.

Around 1.2 million retail investors in South Korea received margin calls this week after the Kospi fell more than 20% from its June peak,increasing the risk of forced selling that could indirectly weigh on crypto markets.

Bitcoin completed a sharp weekly recovery from a low of $61,900 to $65,740,while on-chain data continued to indicate accumulation by large investors.

Thursday's meeting between Trump and U.S. senators concluded without clarity on whether the CLARITY Act can reach a Senate vote before the August recess.

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BITCOIN

Bitcoin rallied from this week's low of $61,900 to as high as $65,740 before losing momentum above that level.

Growing spot-market trade sizes near recent lows suggest continued accumulation by large investors. However,the $65,300–$65,400 zone remains the key technical resistance that must be broken to confirm further upside.

With geopolitical tensions rising while inflation data continues to soften,Bitcoin finishes the week consolidating between $63,000 and $65,400

$BTC

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🔓 TOKEN UNLOCKS — JULY 17

$DBR — deBridge | July 17, 03:00 TRT

Approximately 618.33 million DBR worth $10.13–10.37 million.

11.43% of circulating supply and roughly 35% of market capitalization.

Cliff unlock allocated to the ecosystem, core contributors, strategic partners, and the community. Selling Pressure: HIGH

A disproportionately large unlock relative to market capitalization could generate significant selling pressure.

$YZY | July 17

Approximately 20.83 million YZY worth around $6.13 million.

4.1% of circulating supply and approximately 16% of market capitalization.

Selling Pressure: MEDIUM

Its relatively small market size increases the risk of an outsized price reaction.

ERA — Caldera | July 17

Approximately 77.45 million ERA worth $6.30–6.46 million.

Selling Pressure: MEDIUM

Total Unlocks (July 17): Approximately $22–23 million.

DBR represents the highest dilution risk of the week relative to its market capitalization.

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🔭 OUTLOOK & UPCOMING EVENTS

Markets are currently balancing three competing forces: geopolitical escalation versus the White House's insistence that negotiations with Iran continue, hawkish rate-hike signals from Logan and Schmid versus softer inflation data, and continued institutional accumulation reflected in strong ETF inflows.

July 17 — CLARITY Act Congressional Hearing (New York): A crucial session on digital asset innovation and regulation, with Senator Lummis expected to make a final push for Senate support.

July 17 — DBR token unlock (~$10.4M, equal to roughly 35% of market capitalization): The week's highest dilution-risk event.

Thursday — Trump-Senators meeting on the CLARITY Act: A pivotal meeting that could determine whether the bill gains meaningful momentum before Congress begins its August recess.

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🔷 ETHEREUM & ALTCOINS

Ethereum continued to outperform Bitcoin as institutional ETF inflows offset geopolitical uncertainty.

Arbitrum remained stable despite today's scheduled unlock of 92.65 million $ARB tokens, demonstrating the market's ability to absorb routine linear vesting events.

Meanwhile, STBL drew attention after unlocking more than 51% of its market capitalization, creating significant dilution pressure for the low-cap token.

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📋 KEY CRYPTO NEWS

TSMC reported record revenue, confirming continued demand for AI chips. The results are supportive for AI-related crypto projects, although premarket weakness reflected a classic "priced-in good news" reaction.

Netflix reports earnings after today's market close. Advertising revenue growth and subscriber numbers will be closely watched as indicators of overall technology sector risk appetite.

The debate surrounding a potential pardon for Sam Bankman-Fried effectively ended after the Senate unanimously rejected the idea, highlighting that the political fallout from the FTX collapse continues.

The CLARITY Act enters a critical phase this week, with Trump scheduled to meet senators on Thursday. A revised draft is expected in the coming days before a potential Senate vote later this month.

Warsh continues to be viewed as the most crypto-literate Fed Chair in history, yet he has offered no policy signals that markets could interpret as supportive for digital assets.

Markets had expected Warsh to clarify his views on the GENIUS Act and stablecoin banking regulations during this week's Senate testimony, but those questions remained unanswered.

SpaceX is scheduled to conduct its 13th Starship test flight today. The company's holdings of more than 18,000 $BTC continue to make it an important indirect participant in the crypto market.

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🌐 TODAY'S TOP HEADLINES

$BTC traded within the $64,400–$65,400 range as geopolitical tensions escalated following reciprocal U.S.-Iran missile and drone attacks. Ethereum outperformed Bitcoin despite the heightened uncertainty.

U.S. spot Bitcoin ETFs recorded $108 million in net inflows on July 15, with BlackRock's IBIT attracting $80.82 million alone. Spot $ETH ETFs also remained strong, posting $53.83 million in inflows, led by ETHA with $45.29 million.

Dallas Fed President Lorie Logan argued that a moderate rate increase would provide a better balance between the economic outlook and risks, while Kansas City Fed President Jeff Schmid reiterated that inflation remains too high and has stayed above target for too long.

The White House stated that Iran continues negotiations with the United States and is seeking an agreement, indicating that diplomatic channels remain open.

U.S. June retail sales rose 0.2% month-over-month, matching expectations and marking the fifth consecutive month of consumer spending growth.

Silver fell 3.6%, dropping below $55.50 per ounce and reaching its lowest level since November 2025, extending weakness across the precious metals market.

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₿ BITCOIN

Despite escalating military tensions between the U.S. and Iran, Bitcoin remained resilient within the $64,400–$65,400 range.

The more than $80 million inflow into IBIT suggests institutional investors continue accumulating at current price levels. Although Logan's and Schmid's hawkish comments remain a short-term headwind, back-to-back softer CPI and PPI reports continue to support market sentiment ahead of the July 28–29 FOMC meeting.

The $65,400 level remains the key short-term resistance. A breakout above this level could accelerate bullish momentum.

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🔓 TOKEN UNLOCKS — JULY 16

$ARB — Arbitrum | July 16, 16:00 TRT

Approximately 92.65 million ARB worth around $ 8.53 million.
1.65% of the circulating supply.

Ecosystem and contributor allocation.

Selling Pressure: LOW

A routine linear vesting event. Arbitrum has successfully absorbed unlocks of similar size in recent months.

Upcoming (Watchlist):

DBR — deBridge | July 17

Approximately 620 million DBR worth around $10.13 million.

11.43% of the circulating supply.

Selling Pressure: HIGH

Total Unlocks (July 16): Approximately $ 8.53 million. No major cliff unlocks.

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🔭 OUTLOOK & UPCOMING EVENTS

Back-to-back softer-than-expected CPI and PPI reports have strengthened the disinflation narrative. However, Warsh's warning that the latest improvement may be temporary, combined with his continued hawkish stance, is preventing markets from fully pricing in future rate cuts.

Two factors will dominate the short-term outlook: whether Thursday's CLARITY Act meeting produces meaningful legislative progress, and how the Iran blockade affects energy prices ahead of July's inflation data.

Key events to watch this week:

July 17 — CLARITY Act congressional hearing (New York): A critical session focused on digital asset innovation and regulation, with Senator Lummis expected to push for Senate action.

July 17 — $DBR token unlock (~$10.13M, 11.43% of circulating supply): A high dilution event for a relatively small-cap asset.

July 28–29 — FOMC Meeting: Following the latest CPI and PPI reports, Warsh's policy stance will be the key factor shaping expectations.

August 7 — Effective Senate deadline for the CLARITY Act: Missing this legislative window would significantly reduce the likelihood of the bill advancing during 2026.

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🔷 ETHEREUM & ALTCOINS

$ETH significantly outperformed Bitcoin today as lower producer inflation and improving disinflation expectations reinforced optimism surrounding the upcoming Glamsterdam upgrade.

$XRP reacted positively to news that the CLARITY Act will be discussed in Congress on Thursday, with regulatory clarity remaining a major long-term catalyst.

Japan's decision to classify cryptocurrencies as financial assets could accelerate institutional adoption across Asia over the longer term.

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📋 KEY CRYPTO NEWS

Warsh is increasingly viewed as the most crypto-literate Fed Chair to date. During his Senate Banking Committee testimony, he faced tough questions regarding cryptocurrency holdings and potential conflicts of interest.

Markets were focused on three issues: the Fed's rate outlook, Warsh's AI-driven disinflation thesis, and the GENIUS Act's stablecoin banking framework. His continued hawkish stance left all three questions largely unresolved.

Anthropic is reportedly preparing IPO investor meetings in the coming weeks, providing another important signal for both the AI and digital asset sectors.

SpaceX shares fell below their $135 IPO price for the first time. The company's holdings of more than 18,000 BTC continue to make it an important indirect participant in the crypto market.

Time is running short for the CLARITY Act before Congress begins its August recess. Polymarket now prices the bill's passage at 48%, while Galaxy Research estimates the probability at around 50%.

The Bank of Canada kept its benchmark interest rate unchanged at 2.25%, highlighting continued policy divergence among G7 central banks.

🔐 END OF DAY MARKET REPORT — JULY 15, 2026 (Page 1/3)

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🌐 TODAY'S TOP HEADLINES

Trump announced that the U.S. has reinstated its Iran Blockade, targeting only Iranian vessels and their customers, while emphasizing that the Strait of Hormuz will remain open to all other countries.

Crypto markets posted strong gains today. Bitcoin rose 3.5%, while Ethereum gained more than 5%, pushing the total crypto market capitalization to $2.3 trillion.

During his Humphrey-Hawkins testimony before the Senate Banking Committee, Fed Chair Kevin Warsh said he is "not satisfied with any inflation measure," warning that June's CPI decline could be a one-off event and maintaining his hawkish stance.

U.S. June Producer Price Index (PPI) came in at -0.3% MoM (forecast: 0.0%), with both headline and core inflation continuing to surprise to the downside.

Japan is set to officially recognize cryptocurrencies as financial assets, according to NHK, marking a major regulatory step toward broader institutional adoption.

According to Politico, senators are expected to meet with Trump on Thursday to discuss the CLARITY Act. A new draft is expected to be released publicly in the coming days, with a Senate vote anticipated before the end of July.

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₿ BITCOIN

$BTC posted strong gains today as expectations for disinflation strengthened following the June CPI and PPI reports. However, Warsh's warning that the latest inflation slowdown may be temporary prevented markets from fully embracing the rally.

Historically, periods in which both headline and core inflation ease simultaneously have provided favorable conditions for Bitcoin. Even so, markets recognize that the Fed will likely require additional confirmation before adjusting monetary policy.

On-chain data continues to show accumulation by long-term holders, while short-term volatility remains largely driven by derivatives markets.