📝 Edited and coherent version
📝 Edited and coherent version
Crypto market developments in the third week of July
The cryptocurrency market experienced one of the most news-heavy periods of 2026. This week's most important developments can be grouped into the sections of laws and regulations, ETF funds, actions by major companies, market analyses, the mining industry and technical development:
🏛 1. Laws and regulation
* Progress of the CLARITY Act in the US Senate: as bipartisan negotiations continue, its amended version, while retaining the sections supportive of the crypto industry, imposes temporary restrictions on token issuance by senior US government officials. Companies such as Coinbase and Grayscale have welcomed the approval of this bill.
* A comprehensive cryptocurrency framework in Russia: the Russian government passed its first comprehensive law to create infrastructure for regulated trading.
* Kazakhstan's strategic plan: Kazakhstan began its practical steps to develop mining and create a national reserve of digital assets.
* India's security action on GitHub: the Indian government forced GitHub to remove repositories related to the Bitchat project. The official reason given for this decision was difficulty with lawful interception and the emergence of security concerns.
🏦 2. Capital flows in ETFs
* Volatility in Bitcoin ETFs: after a $143 million inflow at the start of the week, the market faced an outflow of about $200 million (equivalent to selling 3,481 Bitcoin) at the end of the week. BlackRock recorded the largest daily selling volume.
* Continued growth of Ethereum ETFs: unlike Bitcoin, Ethereum's research and research-oriented funds continued to see positive capital inflows.
🟠 3. Actions by major companies and institutions
* Amazon's official entry into the crypto space: by hiring a senior director for the Bitcoin and crypto ecosystem, Amazon put the development of services, integration of blockchain technology and acceptance of digital assets on its agenda.
* Coinbase and Stanford University collaboration: these two institutions launched joint programs to hold Bitcoin developer sessions and counter the threats of quantum computing.
* $15 million in financial support for open-source development: at Michael Saylor's initiative, four financial and crypto giants (Strategy, BlackRock, Fidelity and Coinbase) allocated a total of $15 million to Bitcoin's open-source development.
* Galaxy Digital's quantum research: Galaxy Digital also allocated $5 million for research into securing Bitcoin against quantum computing.
📈 4. Market status and analysis
* Price fluctuations and the options market: Bitcoin spent most of the week in the $63,000 to $66,000 range. However, traders in the options market, by accumulating $3.4 billion in contracts (mainly at the $70,000 and $72,000 prices), have bet on an 11 percent rise in Bitcoin.
* Galaxy Research report: after a wave of selling by old holders during 2024 and 2025, 2026 data shows that structural selling pressure from long-term holders is coming to an end.
* River Research report: a comparison of the top 100 cryptocurrencies of 2021 shows that 89 projects are still trading below their prices at that time (with an average drop of 56%); while Bitcoin has recorded an average annual growth of 58% over the past decade.
* Japan market potential: the possible arrival of Bitcoin ETFs in Japan could create an $18.4 billion share (equivalent to 0.13% of households' $14.6 trillion in assets).
⛏️ 5. Mining industry
* Bankruptcy of the Poolin pool: as the most important news in the mining sector, the Poolin pool, with $1 million in assets and $500 million in debt (including $164 million owed to customers), filed for bankruptcy and put its two mining farms in Texas up for sale.
🔬 6. Technical development and security
* The technical community's main focus was on post-quantum security**, increased investment in open-source projects and the continuing disputes around the **BIP-110 proposal
📌 10 key news items
1. Progress and release of the new version of the CLARITY Act in the US Senate
2. Amazon's official entry with the hiring of a senior crypto director
3. Allocation of $15 million in capital by the Strategy consortium for Bitcoin development
4. Coinbase and Stanford University collaboration on quantum security
5. Mining pool Poolin declares bankruptcy with heavy debt
6. $200 million capital outflow from Bitcoin ETFs
7. Continued positive capital inflows into Ethereum ETFs
8. Drafting of a national digital asset reserve program in Kazakhstan
9. Indian government pressure on GitHub to remove the Bitchat project
10. A noticeable decrease in selling by holders
Crypto market developments in the third week of July
The cryptocurrency market experienced one of the most news-heavy periods of 2026. This week's most important developments can be grouped into the sections of laws and regulations, ETF funds, actions by major companies, market analyses, the mining industry and technical development:
🏛 1. Laws and regulation
* Progress of the CLARITY Act in the US Senate: as bipartisan negotiations continue, its amended version, while retaining the sections supportive of the crypto industry, imposes temporary restrictions on token issuance by senior US government officials. Companies such as Coinbase and Grayscale have welcomed the approval of this bill.
* A comprehensive cryptocurrency framework in Russia: the Russian government passed its first comprehensive law to create infrastructure for regulated trading.
* Kazakhstan's strategic plan: Kazakhstan began its practical steps to develop mining and create a national reserve of digital assets.
* India's security action on GitHub: the Indian government forced GitHub to remove repositories related to the Bitchat project. The official reason given for this decision was difficulty with lawful interception and the emergence of security concerns.
🏦 2. Capital flows in ETFs
* Volatility in Bitcoin ETFs: after a $143 million inflow at the start of the week, the market faced an outflow of about $200 million (equivalent to selling 3,481 Bitcoin) at the end of the week. BlackRock recorded the largest daily selling volume.
* Continued growth of Ethereum ETFs: unlike Bitcoin, Ethereum's research and research-oriented funds continued to see positive capital inflows.
🟠 3. Actions by major companies and institutions
* Amazon's official entry into the crypto space: by hiring a senior director for the Bitcoin and crypto ecosystem, Amazon put the development of services, integration of blockchain technology and acceptance of digital assets on its agenda.
* Coinbase and Stanford University collaboration: these two institutions launched joint programs to hold Bitcoin developer sessions and counter the threats of quantum computing.
* $15 million in financial support for open-source development: at Michael Saylor's initiative, four financial and crypto giants (Strategy, BlackRock, Fidelity and Coinbase) allocated a total of $15 million to Bitcoin's open-source development.
* Galaxy Digital's quantum research: Galaxy Digital also allocated $5 million for research into securing Bitcoin against quantum computing.
📈 4. Market status and analysis
* Price fluctuations and the options market: Bitcoin spent most of the week in the $63,000 to $66,000 range. However, traders in the options market, by accumulating $3.4 billion in contracts (mainly at the $70,000 and $72,000 prices), have bet on an 11 percent rise in Bitcoin.
* Galaxy Research report: after a wave of selling by old holders during 2024 and 2025, 2026 data shows that structural selling pressure from long-term holders is coming to an end.
* River Research report: a comparison of the top 100 cryptocurrencies of 2021 shows that 89 projects are still trading below their prices at that time (with an average drop of 56%); while Bitcoin has recorded an average annual growth of 58% over the past decade.
* Japan market potential: the possible arrival of Bitcoin ETFs in Japan could create an $18.4 billion share (equivalent to 0.13% of households' $14.6 trillion in assets).
⛏️ 5. Mining industry
* Bankruptcy of the Poolin pool: as the most important news in the mining sector, the Poolin pool, with $1 million in assets and $500 million in debt (including $164 million owed to customers), filed for bankruptcy and put its two mining farms in Texas up for sale.
🔬 6. Technical development and security
* The technical community's main focus was on post-quantum security**, increased investment in open-source projects and the continuing disputes around the **BIP-110 proposal
📌 10 key news items
1. Progress and release of the new version of the CLARITY Act in the US Senate
2. Amazon's official entry with the hiring of a senior crypto director
3. Allocation of $15 million in capital by the Strategy consortium for Bitcoin development
4. Coinbase and Stanford University collaboration on quantum security
5. Mining pool Poolin declares bankruptcy with heavy debt
6. $200 million capital outflow from Bitcoin ETFs
7. Continued positive capital inflows into Ethereum ETFs
8. Drafting of a national digital asset reserve program in Kazakhstan
9. Indian government pressure on GitHub to remove the Bitchat project
10. A noticeable decrease in selling by holders
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