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Crypto News Today (July 14): BTC Stuck Under $63K, US Government Moves $300M in Seized Crypto to Coinbase Prime, and Robinhood Chain Becomes a Top 5 Network

In crypto news today (July 14), Bitcoin has dropped a further -0.5% overnight and has failed to reclaim $63,000, trading at $62,500 as of this morning’s trading session. The longer BTC spends under $63,000, the more likely a drop toward $60,000 will be tested. Yesterday saw a whopping -$424M exit the various Bitcoin ETF products,…

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Bitcoin Nears Final Stage of Bear Market Window – Is a Broader Recovery in Sight?

July’s positive seasonality may drive Bitcoin’s recovery, but macro factors like the June CPI and geopolitical tensions could constitute a hindrance. This week’s Bitfinex Alpha report has revealed that bitcoin usually has a five-to-six-month bear market window where it trades below the Short-term Holder Realized Price. The fifth and sixth months mark the final…

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JPMorgan warns Hyperliquid deal could squeeze Circle and Coinbase

JPMorgan has lowered its earnings forecasts for Circle and Coinbase after a new USDC revenue-sharing agreement with Hyperliquid changed how income from the stablecoin’s reserves will be divided. Summary JPMorgan cut earnings forecasts for Circle and Coinbase after the Hyperliquid USDC deal. The bank warned new revenue-sharing terms could pressure stablecoin profit margins. Analysts remain…

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Avalanche lands $11B Bridgetower deal as RWA assets hit $2.1B

Avalanche has reached $2.1 billion in distributed tokenized real-world asset value after a 60.47% monthly increase, supported by a newly announced $11 billion institutional tokenization deal with Bridgetower. Summary Avalanche’s tokenized RWA value has climbed to $2.1 billion after a 60.47% monthly increase. Bridgetower’s $11 billion tokenization deal has pushed Avalanche into the top five…

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Binance Marks Ninth Anniversary With 323 Million Users and Expansion Beyond Crypto

The exchange’s user base represents about 43% of the estimated 741 million people worldwide who currently own cryptocurrency. Binance has marked its ninth anniversary by highlighting strong user growth and expanding beyond digital assets into traditional financial products. The exchange now reports 323 million registered users across more than 100 countries, reflecting its growing…

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Thom Tillis revives stablecoin fight with new CLARITY Act proposal

Senator Thom Tillis has proposed new CLARITY Act language that would allow federal banking regulators to intervene if stablecoin yields trigger systemwide deposit flight from US banks. Summary Thom Tillis proposes a CLARITY Act “circuit-breaker” to address stablecoin-related deposit flight. Banking groups continue pressing for stricter stablecoin rules despite an earlier compromise. Cynthia Lummis says…

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