In crypto information at present (July 15), Bitcoin has surged again to $65,000, with a formidable +3.5% transfer over the previous 24 hours. At the moment of writing, BTC USD is sitting just below $65K, but when it could shut above on a 4-hour candle, a push towards $70,000 may very well be on the playing cards.
This transfer from Bitcoin comes as $181M in inflows had been recorded throughout varied BTC ETFs yesterday. This pattern of the Bitcoin worth motion correlating to the path of ETF flows continues. It’s price keeping track of ETF efficiency for clues as to the place BTC is heading.
With nearly all of the market spiking greater alongside Bitcoin, just a few notable tasks are within the purple at present. Bittensor (TAO) and World Liberty Fi (WLFI) are each down about -1%, whereas Ethereum (ETH) and Hyperliquid (HYPE) are every up about +5%.
The Worry & Greed Index hasn’t reacted but to the market-wide spike, leaping simply 3 factors from yesterday to 25/100, nonetheless in ‘Extreme Fear’ territory. If Bitcoin can maintain at round or above $65,000 all through the remainder of the week, there’s a good probability the index strikes towards the ‘Worry’ territory.
Crypto News Today: JPMorgan Highlights Risk for Circle and Coinbase On account of Hyperliquid’s Speedy Development
JPMorgan has revised its forecasts for Circle and Coinbase, stating that their new settlement with the crypto buying and selling platform Hyperliquid poses long-term dangers for the economics of the USDC stablecoin. The financial institution argues that this association will power each firms to compete to extend token distribution.
Hyperliquid has emerged as one of many largest distribution channels for USDC. DefiLlama knowledge exhibits that the platform presently holds roughly $6Bn price of the stablecoin, which accounts for about 8% of its whole provide (73.15Bn tokens).
JPMorgan describes the settlement as making a basic “prisoner’s dilemma,” by which Circle and Coinbase are incentivized to sacrifice a few of their profitability to develop USDC’s market share.
Hyperliquid is acknowledged as the most important decentralized perpetual futures change and is likely one of the fastest-growing buying and selling platforms within the cryptocurrency business.
Its buying and selling quantity exceeded $150Bn in July, and its share of Binance’s buying and selling quantity reached 11.5%. Analysts consider these figures point out that Hyperliquid is continuous to seize market share in crypto derivatives buying and selling.
Below the brand new settlement, Coinbase will depend USDC held on Hyperliquid as a part of its ecosystem property. Coinbase will retain revenue from the stablecoin’s reserves and allocate 90% of that income to Hyperliquid.
JPMORGAN WARNS HYPERLIQUID THREATENS CIRCLE USDC ECONOMICS!
JPM analysts say Hyperliquid’s rising dominance and revamped cope with Circle/Coinbase creates a “prisoner’s dilemma,” pressuring $USDC income sharing because the DEX holds ~$6B (8% of provide), CoinDesk stories.
Bank… pic.twitter.com/AZQ09uuN97
— Crypto Banter (@crypto_banter) July 14, 2026
The European Central Bank Selects 36 Contributors for its 2027 Digital Euro Pilot
In different crypto information from at present, the European Central Bank (ECB) has chosen 36 fee firms and banks from throughout the euro space to take part in a 12-month digital euro pilot program. Testing is scheduled to start within the second half of 2027, representing one other step within the technical preparations for a possible retail central financial institution digital forex.
In keeping with the ECB’s web site, the contributors had been chosen from over 50 candidates, together with each banks and non-bank fee service suppliers. The ultimate record contains distinguished establishments similar to Deutsche Bank, UniCredit, and France’s BPCE group, in addition to digital platforms similar to Revolut Bank UAB, Stripe Expertise, and Adyen.
These contributors will function digital euro distributors and/or buying fee service suppliers. Distributors will present Eurosystem workers with entry to check accounts and fee companies, whereas buying suppliers will help chosen companies in accepting funds utilizing the beta model of the digital euro.
The ECB intends to make use of this beta model of the forex to check varied features, together with fee performance, operational processes, and consumer expertise. Each the central financial institution and 19 nationwide central banks from throughout the euro space will probably be concerned within the pilot.
Contributors will embody Eurosystem workers, on-line retailers, cafes, eating places, and different companies that may check person-to-person transfers and funds to retailers. Transactions will happen each on-line and offline, together with at bodily factors of sale.
The pilot goals to assist the ECB refine the digital euro’s technical structure earlier than making a closing resolution on whether or not to difficulty it. In keeping with the challenge roadmap, the central financial institution hopes to be ready for a possible first issuance in 2029, contingent on the adoption of the mandatory laws in 2026. The ECB will make its closing resolution solely after this laws is permitted.
Europe's digital euro pilot will get its 36 corporations
The @ecb chosen 36 fee suppliers for its digital euro pilot, from Deutsche Bank and UniCredit to Revolut and Stripe. The beta trial runs 12 months from late 2027, with potential issuance in 2029 if the laws lands.
Half… pic.twitter.com/mbgLGmUyKJ
— BSCN (@BSCNews) July 14, 2026
The publish Crypto News Today (July 15): BTC Surges Back to $65K, JPMorgan Flags Hyperliquid Risk, and the European Central Bank Steps Up Digital Euro Push appeared first on 99Bitcoins.
