Crypto Briefing
Chainlink’s CCIP surpasses $21B in transferred volume, supports $62B in tokens
Chainlink's CCIP growth highlights its pivotal role in blockchain interoperability, potentially reshaping cross-chain transactions and partnerships.
The post Chainlink’s CCIP surpasses $21B in transferred volume, supports $62B in tokens appeared first on Crypto Briefing.
Chainlink’s CCIP surpasses $21B in transferred volume, supports $62B in tokens
Chainlink's CCIP growth highlights its pivotal role in blockchain interoperability, potentially reshaping cross-chain transactions and partnerships.
The post Chainlink’s CCIP surpasses $21B in transferred volume, supports $62B in tokens appeared first on Crypto Briefing.
Crypto Briefing
Chainlink's CCIP surpasses $21B in transferred volume, supports $62B in tokens
Chainlink's CCIP has surpassed $21 billion in transferred volume and supports $62 billion in cross-chain tokens, driven by institutional adoption and asset
Crypto Briefing
ARK Invest buys 220K Circle shares worth $14M amid sell-off
ARK's strategic shift towards stablecoin infrastructure highlights a growing focus on regulatory-compliant digital finance investments.
The post ARK Invest buys 220K Circle shares worth $14M amid sell-off appeared first on Crypto Briefing.
ARK Invest buys 220K Circle shares worth $14M amid sell-off
ARK's strategic shift towards stablecoin infrastructure highlights a growing focus on regulatory-compliant digital finance investments.
The post ARK Invest buys 220K Circle shares worth $14M amid sell-off appeared first on Crypto Briefing.
Crypto Briefing
ARK Invest buys 220K Circle shares worth $14M amid sell-off
ARK Invest purchased approximately 217,896 Circle shares worth $13.7 million on July 9, continuing its aggressive dip-buying strategy on the USDC issuer.
Crypto Briefing
Ethereum sees $1.2B in taker buy volume on Binance after US CPI data sparks rally
The rapid ETH buy surge on Binance highlights market sensitivity to inflation data, potentially leading to volatile shifts in investor sentiment.
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Ethereum sees $1.2B in taker buy volume on Binance after US CPI data sparks rally
The rapid ETH buy surge on Binance highlights market sensitivity to inflation data, potentially leading to volatile shifts in investor sentiment.
The post Ethereum sees $1.2B in taker buy volume on Binance after US CPI data sparks rally appeared first on Crypto Briefing.
Crypto Briefing
Ethereum sees $1.2B in taker buy volume on Binance after US CPI data sparks rally
Ethereum recorded $1.2 billion in taker buy volume on Binance within one hour of the June 2026 US CPI release, as softer inflation data crushed rate hike
Crypto Briefing
World Cup semi-final between Argentina and England could draw 950 million viewers, and crypto is nowhere to be found
The massive viewership highlights football's global appeal, while the absence of crypto sponsors signals a shift in marketing dynamics.
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World Cup semi-final between Argentina and England could draw 950 million viewers, and crypto is nowhere to be found
The massive viewership highlights football's global appeal, while the absence of crypto sponsors signals a shift in marketing dynamics.
The post World Cup semi-final between Argentina and England could draw 950 million viewers, and crypto is nowhere to be found appeared first on Crypto Briefing.
Crypto Briefing
World Cup semi-final between Argentina and England could draw 950 million viewers, and crypto is nowhere to be found
The Argentina vs England World Cup 2026 semi-final could attract 950 million viewers, yet crypto sponsors are notably absent from the tournament's biggest
Crypto Briefing
QuickSwap integrates KalqiX for trustless order book execution on Base
This integration could set a precedent for DeFi protocols, enhancing trade efficiency and potentially reshaping liquidity management strategies.
The post QuickSwap integrates KalqiX for trustless order book execution on Base appeared first on Crypto Briefing.
QuickSwap integrates KalqiX for trustless order book execution on Base
This integration could set a precedent for DeFi protocols, enhancing trade efficiency and potentially reshaping liquidity management strategies.
The post QuickSwap integrates KalqiX for trustless order book execution on Base appeared first on Crypto Briefing.
Crypto Briefing
QuickSwap integrates KalqiX for trustless order book execution on Base
QuickSwap integrates KalqiX via Avail Atomic for trustless order book trading on Base, offering better prices and lower slippage without changing its
Crypto Briefing
BlackRock reports $15.3T AUM and $7B revenue in Q2 2026
BlackRock's growth underscores its influence in global finance, potentially reshaping asset management dynamics and accelerating crypto adoption.
The post BlackRock reports $15.3T AUM and $7B revenue in Q2 2026 appeared first on Crypto Briefing.
BlackRock reports $15.3T AUM and $7B revenue in Q2 2026
BlackRock's growth underscores its influence in global finance, potentially reshaping asset management dynamics and accelerating crypto adoption.
The post BlackRock reports $15.3T AUM and $7B revenue in Q2 2026 appeared first on Crypto Briefing.
Crypto Briefing
BlackRock reports $15.3T AUM and $7B revenue in Q2 2026
BlackRock hit $15.34T AUM and $191.7B in Q2 inflows, while its iShares Bitcoin Trust reached nearly $47B, signaling deep institutional crypto demand.
Crypto Briefing
England’s World Cup semifinal run sees no Premier League goals scored
England's reliance on international stars raises concerns about Premier League's diminishing influence, impacting their World Cup prospects.
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England’s World Cup semifinal run sees no Premier League goals scored
England's reliance on international stars raises concerns about Premier League's diminishing influence, impacting their World Cup prospects.
The post England’s World Cup semifinal run sees no Premier League goals scored appeared first on Crypto Briefing.
Crypto Briefing
England's World Cup semifinal run sees no Premier League goals scored
England's World Cup semifinal run features no goals from Premier League players. Elimination in the semifinals at 46.5% YES.
Crypto Briefing
Alibaba integrates Qianwen AI into Apple Intelligence for Chinese users
This collaboration enhances Apple's market presence in China while showcasing Alibaba's AI adaptability, benefiting both companies' growth.
The post Alibaba integrates Qianwen AI into Apple Intelligence for Chinese users appeared first on Crypto Briefing.
Alibaba integrates Qianwen AI into Apple Intelligence for Chinese users
This collaboration enhances Apple's market presence in China while showcasing Alibaba's AI adaptability, benefiting both companies' growth.
The post Alibaba integrates Qianwen AI into Apple Intelligence for Chinese users appeared first on Crypto Briefing.
Crypto Briefing
Alibaba integrates Qianwen AI into Apple Intelligence for Chinese users
Alibaba's Qwen AI model integrates into Apple Intelligence for Chinese users, enabling on-device text and image understanding across iOS, macOS, and
Crypto Briefing
Rodri one game away from completing Ballon d’Or, World Cup, Champions League trilogy
Rodri's potential World Cup win could further boost fan token markets, highlighting the intersection of sports achievements and crypto dynamics.
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Rodri one game away from completing Ballon d’Or, World Cup, Champions League trilogy
Rodri's potential World Cup win could further boost fan token markets, highlighting the intersection of sports achievements and crypto dynamics.
The post Rodri one game away from completing Ballon d’Or, World Cup, Champions League trilogy appeared first on Crypto Briefing.
Crypto Briefing
Rodri one game away from completing Ballon d'Or, World Cup, Champions League trilogy
Rodri is one World Cup win from completing football's rarest trifecta, and fan tokens like $CHZ and $SPAIN are surging alongside Spain's tournament run.
Crypto Briefing
IBM unveils AI-powered Power11 systems targeting enterprise automation and energy efficiency
IBM's Power11 systems could redefine enterprise IT by enhancing automation, reducing energy costs, and driving sustainable tech adoption.
The post IBM unveils AI-powered Power11 systems targeting enterprise automation and energy efficiency appeared first on Crypto Briefing.
IBM unveils AI-powered Power11 systems targeting enterprise automation and energy efficiency
IBM's Power11 systems could redefine enterprise IT by enhancing automation, reducing energy costs, and driving sustainable tech adoption.
The post IBM unveils AI-powered Power11 systems targeting enterprise automation and energy efficiency appeared first on Crypto Briefing.
Crypto Briefing
IBM unveils AI-powered Power11 systems targeting enterprise automation and energy efficiency
IBM launches its Power11 server family with 55% core performance gains, autonomous operations targeting 99.9999% uptime, and on-chip AI acceleration for
Crypto Briefing
England scores 13 World Cup goals with zero from Premier League players
England's reliance on overseas talent highlights the Premier League's diminishing influence on national team success, raising questions about domestic player development.
The post England scores 13 World Cup goals with zero from Premier League players appeared first on Crypto Briefing.
England scores 13 World Cup goals with zero from Premier League players
England's reliance on overseas talent highlights the Premier League's diminishing influence on national team success, raising questions about domestic player development.
The post England scores 13 World Cup goals with zero from Premier League players appeared first on Crypto Briefing.
Crypto Briefing
England scores 13 World Cup goals with zero from Premier League players
England scored 13 goals at the 2026 World Cup, all from non-Premier League players like Kane, Bellingham, and Rashford, raising questions about talent
Crypto Briefing
White House launches AI-driven Gold Eagle cybersecurity program under Trump
The AI-driven cybersecurity initiative may accelerate regulatory measures on AI, impacting market dynamics and foreign technology control.
The post White House launches AI-driven Gold Eagle cybersecurity program under Trump appeared first on Crypto Briefing.
White House launches AI-driven Gold Eagle cybersecurity program under Trump
The AI-driven cybersecurity initiative may accelerate regulatory measures on AI, impacting market dynamics and foreign technology control.
The post White House launches AI-driven Gold Eagle cybersecurity program under Trump appeared first on Crypto Briefing.
Crypto Briefing
White House launches AI-driven Gold Eagle cybersecurity program under Trump
White House launches AI-driven Gold Eagle cybersecurity program under Trump. Federal review of AI models by July 31 at 8.5% YES.
Crypto Briefing
Strive’s Jeff Walton sees Bitcoin reaching $10–15T, aims to maximize shareholder value
Strive's strategy could significantly influence Bitcoin market sentiment and corporate adoption, impacting long-term valuation and investment trends.
The post Strive’s Jeff Walton sees Bitcoin reaching $10–15T, aims to maximize shareholder value appeared first on Crypto Briefing.
Strive’s Jeff Walton sees Bitcoin reaching $10–15T, aims to maximize shareholder value
Strive's strategy could significantly influence Bitcoin market sentiment and corporate adoption, impacting long-term valuation and investment trends.
The post Strive’s Jeff Walton sees Bitcoin reaching $10–15T, aims to maximize shareholder value appeared first on Crypto Briefing.
Crypto Briefing
Strive's Jeff Walton sees Bitcoin reaching $10–15T, aims to maximize shareholder value
Jeff Walton of Strive predicts Bitcoin could reach $10–15 trillion, but current odds show Bitcoin at $60K-$64K by July 15, 2026 at just 12.5% YES.
Crypto Briefing
Equinix targets hyperscale and enterprise AI demand with infrastructure investments
Equinix's strategic pivot to AI infrastructure could redefine data center economics, driving premium revenue growth and reshaping market dynamics.
The post Equinix targets hyperscale and enterprise AI demand with infrastructure investments appeared first on Crypto Briefing.
Equinix targets hyperscale and enterprise AI demand with infrastructure investments
Equinix's strategic pivot to AI infrastructure could redefine data center economics, driving premium revenue growth and reshaping market dynamics.
The post Equinix targets hyperscale and enterprise AI demand with infrastructure investments appeared first on Crypto Briefing.
Crypto Briefing
Equinix targets hyperscale and enterprise AI demand with infrastructure investments
Equinix is expanding AI-ready data centers with a $15B JV and new platforms, as 60% of its largest contracts now involve AI workloads.
Crypto Briefing
AI chip spending to hit $1.6T by 2030, boosting Nvidia, AMD, TSMC
The projected surge in AI chip spending could significantly reshape the tech industry, driving innovation and competition among key players.
The post AI chip spending to hit $1.6T by 2030, boosting Nvidia, AMD, TSMC appeared first on Crypto Briefing.
AI chip spending to hit $1.6T by 2030, boosting Nvidia, AMD, TSMC
The projected surge in AI chip spending could significantly reshape the tech industry, driving innovation and competition among key players.
The post AI chip spending to hit $1.6T by 2030, boosting Nvidia, AMD, TSMC appeared first on Crypto Briefing.
Crypto Briefing
AI chip spending to hit $1.6T by 2030, boosting Nvidia, AMD, TSMC
AI chip spending is projected to reach $1.6 trillion by 2030. Nvidia's market cap growth at 50% YES to be the largest company by July 31.
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CryptoPotato CT3 Announces Dedicated Storage Contracts to Expand Decentralized Storage Infrastructure
[PRESS RELEASE – London, United Kingdom, July 15th, 2026]
CT3 today announced the transition of its decentralized storage infrastructure to a dedicated Storage Contracts model designed to support continued platform growth, improve infrastructure scalability, and expand storage capacity as demand increases.
The transition follows rapid growth across the CT3 ecosystem, with more than 180,000 unique users having used the platform and more than 500,000 uploads completed. Each upload is linked to an NFT access key, allowing platform activity and network usage to be independently verified on-chain.
Continued growth in demand for ct-3.cloud services has increased pressure on the existing infrastructure. Processing all new uploads through a single main collection and one smart contract may reduce scaling flexibility and make storage capacity more difficult to manage as network activity expands.
Under the new architecture, new uploads will be distributed across dedicated Storage Contracts rather than a single main contract. Each Storage Contract is linked to a fixed amount of storage capacity and operates as an independent infrastructure segment with its own capacity, utilization level, and on-chain statistics.
The new model is intended to distribute workloads across multiple smart contracts, improve the transparency and measurement of resource utilization, and support the deployment of additional storage capacity as demand grows. Participants may finance the deployment of new Storage Contracts and the addition of storage capacity. The allocated capacity is used to store files uploaded through ct-3.cloud, while the resulting profit is shared between CT3 and the participant who financed the infrastructure expansion.
Infrastructure Segmentation
Previously, CT3 keys were issued primarily through the main collection and a single contract flow. As the platform expanded, this model became less flexible for handling different categories of data.
Storage Contracts divide the infrastructure into separate segments. Each segment:
* operates through its own smart contract;
* is linked to a specific amount of storage capacity;
* can serve a particular category of files;
* allows capacity utilization and workload to be measured independently;
* reduces pressure on the main NFT key issuance process.
This separation makes the infrastructure more resilient and allows individual areas of the platform to scale without rebuilding the entire system.
How the Allocated Storage Capacity is Used
Each Storage Contract is linked to a defined amount of capacity within the CT3 network. Once activated, the corresponding storage space is supplied by network nodes and used to store data uploaded through ct-3.cloud.
The allocated capacity may be used for:
* standard user files;
* corporate archives;
* automatic backups;
* long-term datasets;
* future CT3 products and applications.
Larger contracts can accommodate heavier files and more substantial flows of corporate or backup data. This allows the network to direct workloads to infrastructure segments with sufficient available capacity.
Storage Contract Economics
The commercial model behind Storage Contracts is based on the real use of CT3 infrastructure. The platform acquires storage capacity from node operators and provides it to ct-3.cloud customers at the ma[...]
[PRESS RELEASE – London, United Kingdom, July 15th, 2026]
CT3 today announced the transition of its decentralized storage infrastructure to a dedicated Storage Contracts model designed to support continued platform growth, improve infrastructure scalability, and expand storage capacity as demand increases.
The transition follows rapid growth across the CT3 ecosystem, with more than 180,000 unique users having used the platform and more than 500,000 uploads completed. Each upload is linked to an NFT access key, allowing platform activity and network usage to be independently verified on-chain.
Continued growth in demand for ct-3.cloud services has increased pressure on the existing infrastructure. Processing all new uploads through a single main collection and one smart contract may reduce scaling flexibility and make storage capacity more difficult to manage as network activity expands.
Under the new architecture, new uploads will be distributed across dedicated Storage Contracts rather than a single main contract. Each Storage Contract is linked to a fixed amount of storage capacity and operates as an independent infrastructure segment with its own capacity, utilization level, and on-chain statistics.
The new model is intended to distribute workloads across multiple smart contracts, improve the transparency and measurement of resource utilization, and support the deployment of additional storage capacity as demand grows. Participants may finance the deployment of new Storage Contracts and the addition of storage capacity. The allocated capacity is used to store files uploaded through ct-3.cloud, while the resulting profit is shared between CT3 and the participant who financed the infrastructure expansion.
Infrastructure Segmentation
Previously, CT3 keys were issued primarily through the main collection and a single contract flow. As the platform expanded, this model became less flexible for handling different categories of data.
Storage Contracts divide the infrastructure into separate segments. Each segment:
* operates through its own smart contract;
* is linked to a specific amount of storage capacity;
* can serve a particular category of files;
* allows capacity utilization and workload to be measured independently;
* reduces pressure on the main NFT key issuance process.
This separation makes the infrastructure more resilient and allows individual areas of the platform to scale without rebuilding the entire system.
How the Allocated Storage Capacity is Used
Each Storage Contract is linked to a defined amount of capacity within the CT3 network. Once activated, the corresponding storage space is supplied by network nodes and used to store data uploaded through ct-3.cloud.
The allocated capacity may be used for:
* standard user files;
* corporate archives;
* automatic backups;
* long-term datasets;
* future CT3 products and applications.
Larger contracts can accommodate heavier files and more substantial flows of corporate or backup data. This allows the network to direct workloads to infrastructure segments with sufficient available capacity.
Storage Contract Economics
The commercial model behind Storage Contracts is based on the real use of CT3 infrastructure. The platform acquires storage capacity from node operators and provides it to ct-3.cloud customers at the ma[...]
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CryptoPotato CT3 Announces Dedicated Storage Contracts to Expand Decentralized Storage Infrastructure [PRESS RELEASE – London, United Kingdom, July 15th, 2026] CT3 today announced the transition of its decentralized storage infrastructure to a dedicated…
rket price of the storage service.
A participant finances the deployment of a new Storage Contract and the expansion of the network’s available capacity. Once launched, this capacity is used to store personal and corporate data, while the generated profit is distributed between the investor and CT3.
The financial performance of each contract depends on two main factors:
* the actual utilization of the allocated capacity;
* the margin between the cost of acquiring storage capacity and the price charged to end users.
Storage Contracts therefore allow participants to take part in the growth of CT3 infrastructure and potentially earn income linked to real demand for storage services. The more actively the allocated capacity is used, the greater the contract’s potential result.
On-chain transparency
The operation of each Storage Contract can be verified through the blockchain. Files stored within the allocated capacity are represented by NFT keys containing storage-related metadata.
The combined size of the files associated with these keys can be compared with the utilization figure displayed for the contract. Through the smart contract address, an investor can verify issued NFTs, collection activity, and the actual use of the capacity they helped finance.
This model makes it possible to independently verify:
* the number of keys created;
* the volume of stored data;
* utilization of the allocated capacity;
* activity within a specific Storage Contract;
* the relationship between infrastructure usage and profit generation.
For ct-3.cloud users, the experience remains unchanged: both existing and new NFT keys continue to be supported, and the transition to the new architecture requires no additional action.
About CT3
CT3 is developing a decentralized data storage infrastructure that combines independent nodes, the ct-3.cloud interface, NFT access keys, and blockchain verification.
Users upload files through ct-3.cloud, after which the data is distributed across network nodes. An NFT key is created for every stored object, confirming access rights and containing the relevant storage metadata.
Within this model, nodes provide physical storage capacity, CT3 manages data distribution and access, while individual and corporate users generate demand for storage services.
As the number of users and uploads increases, the network must continuously expand its available capacity. At certain times, demand growth may outpace the addition of new capacity from node operators. Storage Contracts allow CT3 to add new resources in a structured way and allocate them to specific areas of use.
The post CT3 Announces Dedicated Storage Contracts to Expand Decentralized Storage Infrastructure appeared first on CryptoPotato.
A participant finances the deployment of a new Storage Contract and the expansion of the network’s available capacity. Once launched, this capacity is used to store personal and corporate data, while the generated profit is distributed between the investor and CT3.
The financial performance of each contract depends on two main factors:
* the actual utilization of the allocated capacity;
* the margin between the cost of acquiring storage capacity and the price charged to end users.
Storage Contracts therefore allow participants to take part in the growth of CT3 infrastructure and potentially earn income linked to real demand for storage services. The more actively the allocated capacity is used, the greater the contract’s potential result.
On-chain transparency
The operation of each Storage Contract can be verified through the blockchain. Files stored within the allocated capacity are represented by NFT keys containing storage-related metadata.
The combined size of the files associated with these keys can be compared with the utilization figure displayed for the contract. Through the smart contract address, an investor can verify issued NFTs, collection activity, and the actual use of the capacity they helped finance.
This model makes it possible to independently verify:
* the number of keys created;
* the volume of stored data;
* utilization of the allocated capacity;
* activity within a specific Storage Contract;
* the relationship between infrastructure usage and profit generation.
For ct-3.cloud users, the experience remains unchanged: both existing and new NFT keys continue to be supported, and the transition to the new architecture requires no additional action.
About CT3
CT3 is developing a decentralized data storage infrastructure that combines independent nodes, the ct-3.cloud interface, NFT access keys, and blockchain verification.
Users upload files through ct-3.cloud, after which the data is distributed across network nodes. An NFT key is created for every stored object, confirming access rights and containing the relevant storage metadata.
Within this model, nodes provide physical storage capacity, CT3 manages data distribution and access, while individual and corporate users generate demand for storage services.
As the number of users and uploads increases, the network must continuously expand its available capacity. At certain times, demand growth may outpace the addition of new capacity from node operators. Storage Contracts allow CT3 to add new resources in a structured way and allocate them to specific areas of use.
The post CT3 Announces Dedicated Storage Contracts to Expand Decentralized Storage Infrastructure appeared first on CryptoPotato.
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CryptoPotato Is Wrapped Bitcoin Flashing a Bullish Signal? Exchange Outflows Hit Six-Week High
326 Wrapped Bitcoin (WBTC) tokens on Ethereum were withdrawn from exchanges in a single day. According to fresh data shared by Santiment, this is the largest net exchange outflow since early June.
This transfer of coins has reduced the amount of WBTC immediately available on trading platforms.
Exchange Outflow
The latest outflows come as Bitcoin continues to trade through a “risk-heavy stretch.” Even as the crypto asset briefly climbed to $65,000 on Wednesday, market pressure from geopolitical tensions and ETF flow swings persists, Santiment stated in its findings. The large exchange withdrawals, however, could potentially serve as a positive signal for the broader crypto market recovery. The analytics platform added,
“Wrapped Bitcoin’s 6-week high exchange outflows provide more good news to crypto’s rebound “
Wrapped Bitcoin (WBTC) was launched in 2019 following a joint initiative by BitGo, Kyber Network, and Ren. It remains the largest tokenized version of Bitcoin, with a market capitalization of about $7.6 billion. Coinbase entered the space with cbBTC in 2024, which has grown to nearly $6 billion in market value. This space has become increasingly competitive in 2026.
Last month, stablecoin issuer Circle expanded the market by launching cirBTC on Ethereum.
Recovery Near?
As for Bitcoin’s price, the crypto asset moved higher after the latest US inflation report came in cooler than expected. Consumer prices fell 0.4% in June, bringing annual inflation to 3.5%. Economists had expected a 0.2% monthly decline and a 3.8% annual rate.
Meanwhile, Bitfinex analysts said that the asset is approaching what has historically been the final stage of its typical bear market period. According to the report, the BTC often spends five to six months trading below the Short-Term Holder Realized Price before entering a broader recovery. With July being identified as the fifth month of the current cycle, analysts believe the market could be closing in on a significant rebound.
They still warned that history alone does not guarantee a recovery. While July has traditionally been a favorable month for Bitcoin, broader macroeconomic conditions will also play a crucial role.
The post Is Wrapped Bitcoin Flashing a Bullish Signal? Exchange Outflows Hit Six-Week High appeared first on CryptoPotato.
326 Wrapped Bitcoin (WBTC) tokens on Ethereum were withdrawn from exchanges in a single day. According to fresh data shared by Santiment, this is the largest net exchange outflow since early June.
This transfer of coins has reduced the amount of WBTC immediately available on trading platforms.
Exchange Outflow
The latest outflows come as Bitcoin continues to trade through a “risk-heavy stretch.” Even as the crypto asset briefly climbed to $65,000 on Wednesday, market pressure from geopolitical tensions and ETF flow swings persists, Santiment stated in its findings. The large exchange withdrawals, however, could potentially serve as a positive signal for the broader crypto market recovery. The analytics platform added,
“Wrapped Bitcoin’s 6-week high exchange outflows provide more good news to crypto’s rebound “
Wrapped Bitcoin (WBTC) was launched in 2019 following a joint initiative by BitGo, Kyber Network, and Ren. It remains the largest tokenized version of Bitcoin, with a market capitalization of about $7.6 billion. Coinbase entered the space with cbBTC in 2024, which has grown to nearly $6 billion in market value. This space has become increasingly competitive in 2026.
Last month, stablecoin issuer Circle expanded the market by launching cirBTC on Ethereum.
Recovery Near?
As for Bitcoin’s price, the crypto asset moved higher after the latest US inflation report came in cooler than expected. Consumer prices fell 0.4% in June, bringing annual inflation to 3.5%. Economists had expected a 0.2% monthly decline and a 3.8% annual rate.
Meanwhile, Bitfinex analysts said that the asset is approaching what has historically been the final stage of its typical bear market period. According to the report, the BTC often spends five to six months trading below the Short-Term Holder Realized Price before entering a broader recovery. With July being identified as the fifth month of the current cycle, analysts believe the market could be closing in on a significant rebound.
They still warned that history alone does not guarantee a recovery. While July has traditionally been a favorable month for Bitcoin, broader macroeconomic conditions will also play a crucial role.
The post Is Wrapped Bitcoin Flashing a Bullish Signal? Exchange Outflows Hit Six-Week High appeared first on CryptoPotato.