Executive brief
The digital asset market has staged a significant recovery as Bitcoin reclaimed the $63,000 level, effectively reversing losses from late June. This rebound was primarily sparked by a cooling US labour market, with nonfarm payrolls showing only 57,000 new jobs added in June, significantly lower than analyst expectations. This macroeconomic shift has reduced immediate fears of further Federal Reserve interest rate hikes, providing a clearer path for risk assets to appreciate. The shift in sentiment was immediately reflected in the spot Bitcoin ETF market, which recorded $221.7m in net inflows, successfully ending a punishing 10-day streak of withdrawals that had drained billions from the sector.
Institutional narratives are also evolving beyond pure price action. Strategy successfully overhauled its capital-management framework, causing MSTR stock to gain 18% as it addressed pressure on its preferred securities. Meanwhile, Bitcoin miners such as Riot Platforms are increasingly mobilising treasuries to fund transitions into AI and data-centre infrastructure. This directional cue suggests a shift where miners act as active liquidity providers rather than dormant holders. However, regulatory hurdles remain a prominent risk, particularly as Revolut prepares to delist USDT in response to EU MiCA implementation. Investors should monitor whether this relief rally can find sustained spot demand to overcome high technical resistance at the $65,000 level.
1) Top 20 news headlines
- Bitcoin jumps above $63,000, reversing end-June losses; the token hit its highest level in over a month during thin July 4 trading.
- Strategy overhaul sparks stock rebound; MSTR stock gained 18% after the firm announced a $1b share buyback and BTC monetisation program.
- US spot Bitcoin ETFs top $200m in daily inflows; the funds recorded $221.7m in net inflows on July 2, ending a 10-day selling streak.
- Trump discloses $1.4b crypto income; the president reported at least $1.4b in crypto-related income for 2025.
- Bitcoin whales purchase $16.7b in two weeks; large holders absorbed significant selling pressure even as ETFs bled a record $4b in June.
- Securitize tokenises $295m of stock; the firm launched tokenised versions of its own shares on Solana and Avalanche following its NYSE debut.
- XRP climbs 8% on record holder losses; the token’s 365-day MVRV hit a record low of -47%, signalling a potential contrarian buy.
- Riot Platforms moves 500 BTC to custody; the transfer of approximately $30.7m in Bitcoin signals liquidity staging for data-centre expansion.
- Revolut to delist USDT in August; the platform cited regulatory concerns as it prepares to remove the stablecoin after 31 August.
- EU moves to block retail prediction markets; regulators are targeting event contracts by classifying them as restricted derivatives.
- UK digital pound fight intensifies; MP Phil Brickell has requested an investigation into Nigel Farage’s interactions with the Bank of England.
- Irish authorities seize 500 Bitcoin; the seizure brings the total criminal assets recovered by Ireland to 1,500 BTC in 2026.
- SEC reports stronger IPO activity in Q2; improved capital-raising statistics may signal a reopening of public market windows for crypto firms.
- Kraken plans regulated US perpetual futures; the exchange is preparing to launch CFTC-regulated derivatives via its Bitnomial infrastructure.
- TRON sets transaction records; the network exceeded 385 million total transactions in June driven by stablecoin activity.
- Experts split over freezing Satoshi’s 1.1m BTC; discussions are heating up regarding a plan to secure dormant coins against quantum computing threats.
- Bitcoin profit/loss ratio hits 43-month low; the realized ratio has fallen to levels not seen since the 2022 bear market.
- Bitcoin BIP-110 fork fight looms; infrastructure teams are preparing for an August deadline regarding the controversial anti-spam proposal.
- Robinhood Earn adds 7% APY on USDG; the platform is expanding its stablecoin yield offerings to compete for retail balances.
- OpenUSD coalition faces partner scrutiny; several South Korean firms clarified they only expressed future interest rather than formal participation.
2) BTC and ETH ETF flows
| Metric | BTC | ETH |
|---|---|---|
| Net inflow | $221,719,273.5 | $29,082,177.16 |
| Value traded | $2,130,152,174.6 | $669,622,368.7 |
| Net assets | $74,369,324,122.5644 | $9,019,904,969.873001 |
| Cumulative net inflow | $51,079,177,102.598 | $10,889,038,108.336 |
3) X trending news
- Bitcoin officially reclaims $63,000; the asset regained the key psychological level following a week of volatility.
- US full-time jobs drop significantly; full-time employment fell by 514,000 in June, reaching its lowest level since late 2024.
- Gold overtakes US bonds; the ECB reports gold has surpassed US government bonds as the world’s top reserve asset.
- Central banks add 41 tonnes of gold; monthly gold purchases in May reached the highest level since November 2025.
- Trump account stock purchases reported; reports indicate 327 undisclosed stock purchases were made a day before major tariff pauses.
- South Korean leverage reaches record; AUM in leveraged ETFs has surged 800% since the start of 2026 to reach $45b.
- JPMorgan warns on Strategy model; the $4.7t bank suggests Strategy’s Bitcoin accumulation is creating new risks for the market.