๐จ JUST IN: ๐บ๐ธ U.S. Producer Price Index (PPI) fell to 5.5%, coming in below market expectations.
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๐ Pi Network Rebounds
Pi Network (PI) jumped 15% after bouncing from a record low, as Bitcoin climbed above $64K and lifted broader crypto market sentiment.
PI now needs to hold $0.080 support and break above $0.095 to strengthen the recovery, while exchange-held PI remains relatively low at around $40M.
๐ Know more: https://coingape.com/markets/pi-network-price-jumps-15-as-btc-breaks-above-64k-will-rally-continue/
Pi Network (PI) jumped 15% after bouncing from a record low, as Bitcoin climbed above $64K and lifted broader crypto market sentiment.
PI now needs to hold $0.080 support and break above $0.095 to strengthen the recovery, while exchange-held PI remains relatively low at around $40M.
๐ Know more: https://coingape.com/markets/pi-network-price-jumps-15-as-btc-breaks-above-64k-will-rally-continue/
๐ Binance Launches XRP Airdrop for RLUSD Holders
Binance will distribute $800,000 worth of XRP to eligible RLUSD holders between July 17 and August 14.
Users holding RLUSD in eligible Earn, Margin, or Futures accounts and meeting trading requirements can qualify for weekly XRP rewards, a move that could further boost interest in Rippleโs stablecoin ecosystem.
๐ Know more: https://coingape.com/binance-announces-major-xrp-airdrop-for-rlusd-stablecoin-holders/
Binance will distribute $800,000 worth of XRP to eligible RLUSD holders between July 17 and August 14.
Users holding RLUSD in eligible Earn, Margin, or Futures accounts and meeting trading requirements can qualify for weekly XRP rewards, a move that could further boost interest in Rippleโs stablecoin ecosystem.
๐ Know more: https://coingape.com/binance-announces-major-xrp-airdrop-for-rlusd-stablecoin-holders/
๐ฆ Wall Street Tests Tokenized Securities
BlackRock, JPMorgan, Goldman Sachs, and nearly 40 financial firms have joined the DTCCโs pilot to tokenize stocks, ETFs, and U.S. Treasurys.
The trial begins today with assets including Microsoft, Circle, and select ETFs, while the full tokenization program is scheduled to launch in October.
๐ Know more: https://coingape.com/blackrock-jpmorgan-goldman-sachs-join-dtcc-trial-to-tokenize-stocks-treasurys/
BlackRock, JPMorgan, Goldman Sachs, and nearly 40 financial firms have joined the DTCCโs pilot to tokenize stocks, ETFs, and U.S. Treasurys.
The trial begins today with assets including Microsoft, Circle, and select ETFs, while the full tokenization program is scheduled to launch in October.
๐ Know more: https://coingape.com/blackrock-jpmorgan-goldman-sachs-join-dtcc-trial-to-tokenize-stocks-treasurys/
๐๏ธ CLARITY Act Faces Fresh Political Hurdle
Democratic Senators Chris Murphy and Jeff Merkley criticized the CLARITY Act, calling for stronger ethics provisions after President Trumpโs financial disclosures reportedly showed $1.4B in crypto-related earnings.
Despite the pushback, Senator Cynthia Lummis says the billโs final text is ready, with a Senate floor vote expected between July 15 and July 20.
๐ Know more: https://coingape.com/clarity-act-in-crisis-democratic-senators-label-bill-corrupt-over-trumps-1-4b-crypto-windfall/
Democratic Senators Chris Murphy and Jeff Merkley criticized the CLARITY Act, calling for stronger ethics provisions after President Trumpโs financial disclosures reportedly showed $1.4B in crypto-related earnings.
Despite the pushback, Senator Cynthia Lummis says the billโs final text is ready, with a Senate floor vote expected between July 15 and July 20.
๐ Know more: https://coingape.com/clarity-act-in-crisis-democratic-senators-label-bill-corrupt-over-trumps-1-4b-crypto-windfall/
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๐จ NEW: ๐บ๐ธ The U.S. Mint will strike a $1 gold coin featuring President Trump to commemorate Americaโs 250th anniversary.
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๐จ BREAKING: USDe supply on Aave has more than doubled over the past 30 days, recording the largest inflow of any asset at $385.5 million.
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๐ Crypto Market Jumps on Soft PPI Data
The crypto market climbed more than 2% after U.S. PPI inflation came in below expectations, boosting hopes that inflation is cooling.
With rate hike expectations easing, Bitcoin surged above $65K, Ethereum reclaimed $1,900, and markets are now largely pricing out a July Fed rate hike.
๐ Know more: https://coingape.com/crypto-market-rises-as-fed-rate-hike-bets-fall-after-cool-ppi-inflation-data/
The crypto market climbed more than 2% after U.S. PPI inflation came in below expectations, boosting hopes that inflation is cooling.
With rate hike expectations easing, Bitcoin surged above $65K, Ethereum reclaimed $1,900, and markets are now largely pricing out a July Fed rate hike.
๐ Know more: https://coingape.com/crypto-market-rises-as-fed-rate-hike-bets-fall-after-cool-ppi-inflation-data/
๐จ XRP Ledger Amendment Advances
The fixCleanup3_2_0 amendment has entered its 2-week activation phase after securing 82.86% validator support, surpassing the required 80% threshold.
๐ Know more: https://coingape.com/xrp-ledger-fix-amendment-enters-2-week-activation-phase-with-82-consensus-vote/
The fixCleanup3_2_0 amendment has entered its 2-week activation phase after securing 82.86% validator support, surpassing the required 80% threshold.
๐ Know more: https://coingape.com/xrp-ledger-fix-amendment-enters-2-week-activation-phase-with-82-consensus-vote/
๐ SpaceX Tests IPO Price
SpaceX (SPCX) slipped back near its $135 IPO price as investors weighed growing concerns over a potential AI stock bubble.
Despite the recent weakness, analysts remain constructive, with Needham raising its price target to $250 and investors watching the upcoming Starship Flight 13 launch as a potential catalyst.
๐ Know more: https://coingape.com/markets/spacex-stock-crashes-as-boe-governor-warns-ai-bubble-could-trigger-economic-fallout/
SpaceX (SPCX) slipped back near its $135 IPO price as investors weighed growing concerns over a potential AI stock bubble.
Despite the recent weakness, analysts remain constructive, with Needham raising its price target to $250 and investors watching the upcoming Starship Flight 13 launch as a potential catalyst.
๐ Know more: https://coingape.com/markets/spacex-stock-crashes-as-boe-governor-warns-ai-bubble-could-trigger-economic-fallout/
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๐ Aave V4 Goes Multichain
Aave has launched V4 on Avalanche, marking the protocolโs first expansion beyond Ethereum.
The deployment is designed to support institutional lending and tokenized real-world assets, with planned markets for U.S. Treasuries, money market funds, private credit, and corporate bonds.
๐ Know more: https://coingape.com/aave-v4-launches-on-avalanche-in-first-expansion-beyond-ethereum/
Aave has launched V4 on Avalanche, marking the protocolโs first expansion beyond Ethereum.
The deployment is designed to support institutional lending and tokenized real-world assets, with planned markets for U.S. Treasuries, money market funds, private credit, and corporate bonds.
๐ Know more: https://coingape.com/aave-v4-launches-on-avalanche-in-first-expansion-beyond-ethereum/
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๐ U.S.-Iran Tensions Persist
Iran says it has no plans for peace talks with the U.S., rejecting President Trumpโs claims that negotiations were being sought.
The renewed tensions weighed on market sentiment, with Bitcoin slipping below $65K as investors monitored the latest geopolitical developments.
๐ Know more: https://coingape.com/u-s-iran-war-update-iran-denies-plans-for-peace-talks-despite-trumps-claims/
Iran says it has no plans for peace talks with the U.S., rejecting President Trumpโs claims that negotiations were being sought.
The renewed tensions weighed on market sentiment, with Bitcoin slipping below $65K as investors monitored the latest geopolitical developments.
๐ Know more: https://coingape.com/u-s-iran-war-update-iran-denies-plans-for-peace-talks-despite-trumps-claims/
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๐จ SEC Approves Bigger IBIT Options Limit
The U.S. SEC has approved an increase in the BlackRock Bitcoin ETF (IBIT) options contract limit from 250,000 to 1 million.
The move is expected to improve market liquidity and support growing institutional demand, as BlackRock continues to report strong inflows and robust quarterly earnings.
๐ Know more: https://coingape.com/blackrock-bitcoin-etf-ibit-gets-us-sec-approval-to-increase-options-contract-limit/
The U.S. SEC has approved an increase in the BlackRock Bitcoin ETF (IBIT) options contract limit from 250,000 to 1 million.
The move is expected to improve market liquidity and support growing institutional demand, as BlackRock continues to report strong inflows and robust quarterly earnings.
๐ Know more: https://coingape.com/blackrock-bitcoin-etf-ibit-gets-us-sec-approval-to-increase-options-contract-limit/
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๐ฎ๐ณ INSIGHT: Despite a 30% tax on gains and 1% TDS, India still has around 39 million verified crypto users holding roughly $2.1 billion in digital assets.
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๐ INSIGHT: In Q2 2026, Bitcoin maintained its inverse correlation with the U.S. dollar and moved alongside a weakening gold market, but failed to participate in the S&P 500โs rally as tighter monetary policy expectations and crypto-specific selling pressure weighed on BTC.
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๐ฅBlackRock CEO Larry Fink turns bullish on crypto
Bitcoin ETFs pulled in $107.7M in fresh inflows.
BlackRockโs IBIT led with $80.8M. ๐
With institutional capital returning and ETF inflows gaining momentum, market sentiment around Bitcoin is heating up once again.
Read Full Article : https://coingape.com/bitcoin-etf-inflows-back-in-focus-as-blackrock-ceo-larry-fink-goes-bullish-on-crypto-market/
Bitcoin ETFs pulled in $107.7M in fresh inflows.
BlackRockโs IBIT led with $80.8M. ๐
With institutional capital returning and ETF inflows gaining momentum, market sentiment around Bitcoin is heating up once again.
Read Full Article : https://coingape.com/bitcoin-etf-inflows-back-in-focus-as-blackrock-ceo-larry-fink-goes-bullish-on-crypto-market/
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Robinhood Chainโs $INDEX token surged 150% in 24 hours, pushing its market cap above $18M.
Robinhood CEO Vlad Tenev invited developers to build with tokenized stocks and RWAs on the network.
What makes $INDEX different?
Read Full Story : https://coingape.com/robinhood-chains-index-150-rally-turns-trading-fees-into-real-stock-rewards/
Robinhood CEO Vlad Tenev invited developers to build with tokenized stocks and RWAs on the network.
What makes $INDEX different?
Read Full Story : https://coingape.com/robinhood-chains-index-150-rally-turns-trading-fees-into-real-stock-rewards/
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