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New Hampshire Governor Kelly Ayotte has signed the 'Blockchain Basic Law (HB639),' a bill designed to protect cryptocurrency innovation and usage within the state. The legislation guarantees individuals' rights to use self-custody wallets and make payments, and it establishes a dedicated procedure within the Superior Court for handling blockchain-related disputes. Furthermore, the law specifies that operating a node, mining, or staking does not require a separate money transmitter license. This move continues New Hampshire's series of pro-crypto policies, following last year's passage of a 'Strategic Bitcoin Reserve Bill' that allows up to 5% of public funds to be invested in Bitcoin and precious metals. However, the state's Executive Council did veto a proposal last week to issue municipal bonds backed by Bitcoin.

According to data from digital asset management firm Bitwise, individual investors hold 66.1% of the total Bitcoin supply. In contrast, corporations hold 7.8%, while investment funds and exchange-traded funds (ETFs) account for 7.2%.

Binance.US CEO Stephen Gregory said the company is now focusing on growth after what he described as a two-year period of hibernation due to regulatory issues surrounding the broader Binance brand. In an interview with CoinDesk, Gregory explained that while Binance.US shares beneficial owners and a brand name with Binance.com, it is a separate U.S. entity with its own governance. He added that the company aims to recover its former market share of around 20% in the U.S. crypto exchange market and is licensed to serve American customers.

Whale Alert reported that 182,561,888 SUSDS has been transferred from an unknown wallet to Spark. The transaction is valued at about $201 million.

A suspected FTX/Alameda address has transferred 201,000 SOL, worth $15.14 million, to BitGo Custody, Onchain Lens reported. The transfer was completed within minutes through multiple transactions, with the funds distributed to several BitGo Custody addresses.

Whale Alert reported that 191,958,411 SUSDS has been transferred from an unknown wallet to Spark. The transaction is valued at about $212 million.

The three major U.S. stock indices closed lower today. - S&P 500: -0.79% - Nasdaq: -1.55% - Dow Jones: -0.26%

According to U.S. congressional newspaper The Hill, President Donald Trump announced he will deliver a speech to the nation at 1:00 a.m. UTC on July 16 amid renewed tensions with Iran over the Strait of Hormuz. While President Trump did not specify the content of his address, the announcement is seen as a suggestion that a potential conflict with Iran is re-accelerating, despite a recent Memorandum of Understanding (MOU) that was expected to lead to negotiations.

The biggest short-term risk to cryptocurrency does not stem from the asset class itself, Jamie Coutts, a crypto market analyst at Real Vision, said on a recent podcast. He identified the primary danger as a potential liquidity shock, which could occur if the current investment boom in artificial intelligence (AI) fails to produce returns sufficient to justify trillions of dollars in capital expenditures. Coutts also noted that, in the long term, quantum computing represents the most significant risk that the crypto industry must address.

Haseeb Qureshi, a managing partner at Dragonfly, predicted that annual losses from DeFi hacks will decrease this year compared to 2025, despite the threat of artificial intelligence (AI). He said that fears of a major AI-driven hacking crisis in DeFi have not materialized. While the number of hacking incidents has increased, the average loss per incident has been steadily declining. This suggests that hackers are primarily targeting smaller or defunct protocols. Qureshi also noted that losses from compromised admin keys and multisig wallets have decreased, adding that large protocols have become more resilient after strengthening their defenses against AI-based attacks.

DEXE has fallen by 4.72% in the past five minutes on the COINNESS market. Currently, DEXE is trading at $41.99.

DEXE has risen by 9.30% in the past five minutes on the COINNESS market. Currently, DEXE is trading at $44.07.

Users who purchased cryptocurrency on the recently launched Robinhood Chain are reporting that their holdings have disappeared, CryptoSlate reported. There were no signs of wallet or private key theft, and other cryptocurrencies and account balances remained intact, with only specific assets vanishing. In response, cross-chain protocol Relay noted a surge in scam cryptocurrencies designed to disappear on their own after being purchased. The scale of the damages and specific transaction details have not been disclosed. Robinhood Chain is an Arbitrum (ARB)-based Layer 2 network that launched this month and has gained attention amid a rally in memecoins.

The U.S. Navy-led Joint Maritime Information Center (JMIC) announced that it will blockade all Iranian ports and coastal areas from vessel traffic, regardless of nationality, starting at 8:00 p.m. UTC on July 13.

Concerns are rising that the shock from a sharp plunge in South Korea's KOSPI index could spread risk-off sentiment to U.S. stocks and cryptocurrencies. Crypto analyst Hupzy warned that the crash in the South Korean stock market could push Bitcoin below key support levels. He highlighted the KOSPI's intraday drop of over 8%, which triggered a circuit breaker, and SK Hynix's 38% fall in under three weeks as evidence of how quickly the AI and semiconductor boom is fading. Hupzy argued this trend could directly impact the crypto and AI sectors, with expanding panic-selling in equities likely to exert downward pressure across the cryptocurrency market. He suggested the KOSPI's collapse could break existing correlations and drag BTC below its support, adding that the crypto sell-off is expected to intensify if U.S. markets follow Asia's downturn. Similarly, crypto influencer Ash Crypto noted that spreading panic in the stock market is putting downward pressure on risk assets, including cryptocurrencies.

According to CoinNess market monitoring, BTC has fallen below $62,000. BTC is trading at $61,981.63 on the Binance USDT market.

Strategy's decision to stop purchasing additional Bitcoin is gaining support from Wall Street institutions, The Block reported. Grayscale predicted that Strategy's strengthened financial structure reduces the likelihood of an extremely negative scenario, allowing Bitcoin to form a stable price floor. Gabe Selby, a research analyst at CF Benchmarks, noted that while Strategy's cash reserves are sufficient to meet its short-term obligations, the company must be cautious to prevent repeated Bitcoin sales from becoming a necessity for securing cash.

Jamie Coutts, a crypto market analyst at Real Vision, said on a recent podcast that Bitcoin could reach $200,000 to $250,000 within the next two to three years, despite its current weakness. He added that previous models he used had projected that BTC could reach $1 million by 2030-2033. However, Coutts noted there is uncertainty about how much more liquidity would need to be released for the cryptocurrency to reach that price.

Strategy has launched an indicator to track the Bitcoin adoption rate among banks, founder Michael Saylor announced on X. The indicator is currently at 32%.

Coinbase CEO Brian Armstrong has admitted that the company's past ventures into content-related coins were unsuccessful. In a post on X, he acknowledged community criticism, stating that the company made a mistake and failed to succeed in this area, and that it is now time to move on. Armstrong explained that Coinbase had already shifted its direction away from the content coin business earlier this year, following critiques of projects like Zora and creator coins. He added that the company is now concentrating on trading, payments, and AI agents, with the majority of its resources dedicated to building out its trading infrastructure. The comments follow observations that some of Coinbase's experimental projects failed to build a user base and ultimately resulted in losses for users.

Global securities firm Mizuho has suggested that investors may be overvaluing Circle's (CRCL) recent approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a federal trust bank. According to CoinDesk, Mizuho analyst Dan Dolev described the approval as a positive milestone but cautioned that it does not resolve the fundamental issues behind the stock's recent decline. Dolev added that the market might be reacting with excessive optimism and that the emergence of the stablecoin OpenUSD could make it more difficult for Circle to maintain its competitiveness. Mizuho is maintaining a neutral rating on CRCL with a wait-and-see approach. The analysis follows an announcement from Governance OpenStandards, a consortium of over 140 payment and crypto firms including Visa, Stripe, Mastercard, BlackRock, BNY, DBS, Coinbase, OKX, and MetaMask, to launch the stablecoin OpenUSD for global fund transfers.

Trading volumes on South Korean exchanges Upbit and Bithumb have surged over the past 24 hours, increasing by 634.3% and 352.4% respectively from the previous day, according to data from CoinGecko. Upbit's current 24-hour volume stands at approximately 6.41 trillion won ($4.64 billion), while Bithumb's is at 1.12 trillion won ($811 million). Some in the crypto community speculate that the spike is linked to a decline in the South Korean stock market on July 13.

DEXE has fallen by 4.35% in the past five minutes on the COINNESS market. Currently, DEXE is trading at $39.27.

Solana-based decentralized exchange (DEX) Jupiter (JUP) has launched Jupiter Gacha, a marketplace for Pokémon and One Piece trading cards, The Block reported via X. The platform, currently in beta, allows users to trade tokenized versions of physically graded cards on Solana-affiliated DEXs.

The panic selling that has pressured the cryptocurrency market for months is showing signs of ending, according to an analysis. CoinDesk reported that Wintermute analyst Jasper De Maere noted Bitcoin's price remained stable over the weekend amid rising tensions between the U.S. and Iran. This contrasts with March and April, when similar tensions and a surge in oil prices led to a drop in Bitcoin's price. De Maere explained that investors known as "weak hands," who are easily shaken by price volatility, appear to have exited the market. He also highlighted that an eight-week streak of ETF outflows has paused. While this may be temporary rather than a full trend reversal, he suggested it signals the disappearance of marginal sellers—those who would leave the market at lower prices. Once these sellers are gone, he added, there will be no more supply looking to sell at the current price level.