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Bitcoin Tests $59,000 as Traders Look For A Cleaner Rebound After Supply Pressure is the kind of crypto story that looks simple at headline level but becomes more useful once you place it inside the wider market backdrop. Bitcoin’s rebound attempt is really a test of market depth after several weeks dominated by government wallets, ETF flows, and shaky risk appetite. The reason it deserves attention today is not that one announcement or filing magically changes the whole market. It is that the update adds another data point to a sector still trying to work out where capital, users, and…

ROAD TOWN, British Virgin Islands, July 11, 2026 /PRNewswire/ — AFX, a high-performance sovereign L1 purpose-built for decentralized derivatives, today announced a landmark operational milestone: surpassing $1.1 billion in cumulative trading volume during its initial period of operation. This rapid ascent is supported by over 8.6 million total trades, positioning AFX as one of the fastest-growing decentralized derivatives platforms in the 2026 Web3 landscape. The most distinctive feature of AFX’s growth is its superior capital efficiency. While many decentralized protocols rely on massive Total Value Locked (TVL) to attract volume, AFX has achieved its $1.1 billion milestone with a lean TVL…

New York, USA, July 10th, 2026, Chainwire TrueDAO announced today the completion of a $10 million strategic funding round. The round was led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital. The proceeds will primarily fund core AI protocol development, AI-driven risk control, security audits, global compliance efforts, and the expansion of ecosystem partnerships. The journey to this milestone began a year ago when the TrueDAO team set out to build a decentralized financial infrastructure driven by smart contracts, on-chain reserves, dynamic adjustment mechanisms, and community governance. The initiative aimed to address challenges in the…

Victoria, Seychelles, July 10th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, announced the launch of its VVIP Futures Loss Coverage Program 2.0 from July 10 to July 30, 2026 (UTC), an upgraded initiative offering enhanced trading protection and a 1,000,000 USDT prize pool for futures users to share. The Loss Coverage Program 2.0 introduces three key enhancements. Losses Covered Instantly gives eligible VVIP users same-day compensation on qualifying losing trades, with coverage chances and limits tiered according to VVIP level. Elite VVIP users with a credit score of 800 or above enjoy real-time compensation upon triggering loss…

Solana (SOL) is up 18.5% over the past 30 days. Analysts are watching the $85–$90 resistance zone. B3 futures and FullSend add to Solana’s momentum. Solana has regained momentum after a difficult stretch earlier this year, with the token climbing back above the $77 mark and extending its monthly recovery. At the time of writing, SOL is trading at $77.73, up 0.8% over the past 24 hours after moving between $76.25 and $78.62 during the session. Over the past month, the cryptocurrency has gained 18.5%, while its two-week performance stands at 21.6%. The recent recovery has renewed interest in Solana’s…

Zcash’s Ironwood network upgrade, the solution to an “infinity” bug discovered in May on the privacy-focused blockchain’s main private transaction pool, Orchard, is set to go live on July 28. Announced in June, Ironwood closes the current Orchard pool, prevents new activity in it and sets up a new private pool. Funds leaving Orchard would have to pass through an accounting checkpoint before entering Ironwood, which could produce evidence about whether any counterfeit Zcash (ZEC) tokens were produced through the Orchard bug. “Zcash’s Ironwood mainnet activation height has been set and tagged! All of the major organizations are committed to activation of…

Richard Heathcote, who until earlier this year served as Tether Holdings SA’s chief investment officer, is planning to sell a small stake in the stablecoin issuer, Bloomberg reported Monday, citing people familiar with the matter. Heathcote is working with investment bank PJT Partners to sell part…Richard Heathcote, who until earlier this year served as Tether Holdings SA’s chief investment officer, is planning to sell a small stake in the stablecoin issuer, Bloomberg reported Monday, citing people familiar with the matter.Heathcote is working with investment bank PJT Partners to sell part of his 1.26% holding in Tether, according to Bloomberg’s sources,…

The European Parliament has passed legislation allowing tech firms to scan messages for child sexual abuse material until 2028, a controversial law dubbed “chat control” by critics.EU lawmakers on Thursday largely voted against extending the regulation, dubbed “Chat Control 1.0,” but stopping it required 361 lawmakers to reject it. Only 314 voted to stop the law, and 276 supported it.The vote advances reviving the “chat control” rules that expired in April, and has been a controversial topic among privacy and cryptography advocates, as the originally designed law breaks the principle behind encrypting messages.Parliament, however, passed an exemption to exclude “communications to…

The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.” “If adoption continues, the chain could become a meaningful new source of demand for ETH,” said Token Terminal on Thursday. Robinhood has also offered tokenized stocks to customers in more than 120 countries, responding to a surging demand for tokenized US equities. Ethereum and its layer-2 scaling networks have been a…

XRP sellers retain the upper hand as investor participation fades and recovery signals remain limited. XRP continues to display signs of weakening market conditions, as key indicators suggest that sellers remain in control, according to the latest analysis from CryptoQuant. The data show Open Interest has dropped to $350.6 million, one of its lowest levels in recent months, indicating that traders are closing futures positions and reducing leverage. Bearish Signals While lower Open Interest can sometimes ease selling pressure by flushing out leveraged positions, CryptoQuant said it is not the case this time because capital is also leaving the broader…