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⚖️ Bitcoin Policy Institute fights $293B dormant wallet lawsuit

The Bitcoin Policy Institute (BPI) filed to intervene as a defendant on July 10 in a New York lawsuit seeking legal title to nearly 40,000 dormant Bitcoin addresses — collectively worth an estimated $293 billion.

The case, which involves a plaintiff attempting to claim ownership of the dormant wallets, has drawn institutional attention as BPI steps in to oppose the effort. The filing adds an organized legal voice alongside an already-proposed amicus curiae in the proceedings. A court date tied to a defendant identified as "Noah Doe" is approaching.

The outcome could set a significant precedent for property rights over unclaimed or long-inactive Bitcoin holdings.

Source

🏆 Norway 🇳🇴 vs England 🏴󠁧󠁢󠁥󠁮󠁧󠁿

Norway knocked out Brazil and reached the World Cup quarterfinals for the first time ❗️

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⚖️ SEC targets 3 crypto rules ahead of Congress

The U.S. Securities and Exchange Commission is advancing formal rulemaking on three crypto-related areas, with proposals targeting digital asset offerings, broker-dealer custody, and trading venues — all penciled in for July 2026.

The move comes as the CLARITY Act, a landmark crypto market structure bill, remains stalled in the Senate. The SEC's timeline could allow it to establish regulatory frameworks through its own rulemaking process before Congress passes legislation.

The development signals a potential clash between agency-led regulation and the legislative approach favored by parts of the industry, with the outcome likely shaping how digital assets are classified and overseen in the U.S.

Source

🔷 Ethereum MVRV drops below 0.8 as ETH reclaims $1,800

Ethereum is showing a combination of on-chain signals that have historically appeared near major market bottoms, according to recent data.

ETH has reclaimed the $1,800 level while its MVRV ratio has dropped below 0.8 — a threshold that previously preceded significant recoveries for the asset. Spot Ethereum ETFs are also reportedly on track for a notable milestone, though full details were not available in the source. The MVRV ratio below 0.8 has historically been a rare occurrence, suggesting current holders are, on aggregate, sitting at unrealized losses.

Analysts tracking on-chain data consider MVRV compression a key indicator of potential accumulation zones, making the current confluence of signals a point of attention for market observers.

Source

📈 Bitcoin ETFs snap 8-week outflow streak with $200M inflows

U.S. spot Bitcoin ETFs have ended an eight-consecutive-week losing streak, recording nearly $200 million in net inflows — marking a notable shift in institutional sentiment.

Ethereum ETFs also posted a standout result in the same period, recording their strongest inflow figures in several months.

The simultaneous recovery across both Bitcoin and Ethereum ETF products signals renewed appetite from institutional participants after a prolonged period of outflows.

Source

⚖️ EU Parliament votes to advance digital euro negotiations

The European Parliament has approved moving the digital euro project into formal interinstitutional negotiations, passing the measure with 426 votes in favor.

The next step requires the Parliament to negotiate with EU member states to reach a common proposal for the unified digital currency. Both institutions must agree before any legislation can be finalized and implementation can begin across the eurozone.

The digital euro, if adopted, would represent a central bank digital currency issued by the European Central Bank — a significant development for the future of payments and monetary policy across the bloc.

Source

Bypassing Grid Deadlocks: Samsung's Marine Data Center Offers Alternative to Land Scarcity

The strategy behind Samsung's oceanic project aims directly at resolving terrestrial bottlenecks.

Traditional data center construction in the US and Europe frequently stalls for years due to land shortages, strict water regulations, and delayed power grid connections.

By shifting infrastructure to offshore barges, Samsung expects to drastically shorten deployment timelines.

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