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Bitcoin ETF inflows: $273M vs $8B exodus
Bitcoin ETFs pulled in $273M over two weeks, barely more than the smallest single week of the prior $8B outflow streak.
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July 20, 2026 · 3 min read
[ The news desk ]
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Stablecoin issuers get no rulebook one year after GENIUS Act signing
US agencies missed the GENIUS Act's rulemaking deadline; zero final stablecoin rules exist a year after the law was signed.
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Korea opens sanctions case against Upbit over $36M hack delay
South Korea's FSS sent Dunamu a formal inspection letter over the $36M Upbit hack, but the law has no hacking penalty clause.
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Saylor's 110-point case against BIP-110
Saylor published a 110-point essay opposing BIP-110 ahead of the soft fork's August vote window.
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Stablecoin rules miss their deadline as agencies file 10 proposals
A year after the GENIUS Act became law, US agencies have issued 10 proposed stablecoin rules but zero final ones.
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Tether faces a two-year clock on U.S. stablecoin rules
The GENIUS Act's first anniversary passed with roughly a quarter of USDT's reserves still in assets that won't meet the law's standards.
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US regulators blow past GENIUS Act deadline for stablecoin rules
A year after signing, the GENIUS Act still has no final rules. Treasury, OCC, FDIC and the Fed all missed the deadline.
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BIP-110 signaling stalls under 1% of Bitcoin hashrate
Miner signaling for BIP-110 sits near 0.6% of blocks over 60 days, far short of the support that carried Segwit's activation.
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Bolivia's dollar shortage is making USDT a national payment tool
Bolivia is weighing a framework to recognize USDT for payments after abandoning its currency peg, as dollar scarcity pushes demand toward stablecoins.
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IBIT's fast rise to $100 billion echoes gold's 2011 top
Bloomberg's Eric Balchunas says IBIT's sprint past $100 billion resembles GLD's 2011 run, right before gold entered a multiyear drawdown.
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OKX Europe builds an exit ramp off USDT
OKX Europe now lets users convert USDT to USDC, giving EU customers a route around MiCA's restrictions on Tether's token.
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Washington attacks Pix while the dollar already wins in Brazil
The US slaps a 25% tariff on Brazil over Pix, even as dollar stablecoins already make up 90% of Brazil's crypto transactions.
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Bitcoin ETFs post three straight inflow days, still deep in the red for 2026
US spot Bitcoin ETFs pulled in $368M over three days, but that barely dents a $5.4B net outflow for 2026.
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Bitcoin drops under $63,000 as geopolitics rattles markets
Bitcoin fell below $63,000 on Iran strikes and US-China tension, but ETF inflows hit $510 million and the strike-hour outflow of -18.3 BTC reversed within the hour.
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Coinbase premium stays negative for a record 60 days
Bitcoin slid toward $63,000 as the Coinbase premium held negative for a record 60 straight days, signaling weak US demand.
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OKX gives EU users an exit ramp from USDT, but few are taking it
OKX Europe now lets users convert USDT to USDC, yet Tether still holds 59% of a $310B stablecoin market despite MiCA locking it out.
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SBI's Coinhako deal is a licensing shortcut, not a bet on Singapore
SBI Holdings gets MAS approval to take majority control of Coinhako, its third crypto acquisition move in weeks worth over $365M combined.
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BitPay wins Dutch MiCA license, opening EU stablecoin push
BitPay secured a CASP license from the Dutch AFM under MiCA, joining a small group of firms cleared to operate across the EU.
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Galaxy wraps DeFi yield in a compliance blanket for institutions
Galaxy Curator gives Fireblocks' 2,400 institutional clients access to Morpho vaults, backed by a $1.4B loan book and $3B in staked assets.
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Ostium halts trading after $18 million vault exploit
Ostium paused trading after an apparent $18 million exploit drained its vault, with the attacker converting USDC to ETH.
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Visa builds a stablecoin platform that skips Circle
Visa is reportedly building an internal stablecoin platform giving clients access to OUSD, a direct challenger to Circle's USDC.
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An MOU, and Japan's stablecoin pileup
JCB signed an MOU with Circle to test USDC in Japan. It commits no money, but it's the fourth regulated Japanese stablecoin move since a 2023 law, which is the real signal.
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Circle froze a Tether-backed fund over manipulation fears
Circle suspended Heka Funds after learning Tether had put $800 million into the arbitrage fund, arbitration filings show.
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One fund set the ETF flow print, again
US spot bitcoin ETFs took in $181M Tuesday after a $425M redemption Monday. BlackRock's IBIT was 77% of it and ETHA was 100% of the ether inflow. The daily print is one desk's plumbing.
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The stablecoin money is buying the pipes
Velocity raised $38M for stablecoin settlement software, part of a wave of infra rounds. With $226B in B2B stablecoin payments in 2025, the money is buying rails, not new coins.
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A $425M ETF outflow, and the whales buying the other side
US spot Bitcoin ETFs shed $424.66M on Monday, their worst July day, even as on-chain data shows large holders adding. The daily flow number measures the wrapper, not conviction.
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Crypto customers win 8% of the time
When a dispute with a crypto exchange reaches an arbitrator, the customer wins about 8% of the time. Nine in ten cases never get that far. Our tally of 1,617 filings through 2026.
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Where the Two Billion Went
813,294 wallets lost $2.0 billion on the TRUMP token. The family took about a third, 58 wallets more than half. Every estimate, one page.
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Survival of the Licensed
Inside the MiCA cull: how Europe went from 3,167 crypto firms to 244 in eighteen months.
Read the Story ▸Stablecoins Quietly Became the Product
Everyone came to crypto for the volatility. The thing that actually found product-market fit holds still on purpose.
Read the Story ▸What the ETF Flows Are Actually Telling Us
A green inflow number is not a vote of confidence. It is a plumbing change, and the plumbing is the story.
Read the Story ▸Custody, Explained: Not Your Keys, Not Your Coins
The oldest slogan in crypto is also the most misunderstood. Self-custody is not safer by default. It just moves the risk onto you.
Read the Story ▸The news, with the numbers attached.
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