Crypto markets saw a dense mix of policy, market structure, and on-chain developments over the past 24 hours. Michael Saylor and Blockstream co-founder Adam Back publicly pushed back against Bitcoin proposal BIP 110, arguing that the measure would undermine Bitcoin’s decentralization and neutrality. At the same time, Forbes released a list of 10 cryptocurrencies it considers worth investing in, including BTC, ETH, BNB, XRP, SOL, TRX, HYPE, RAIN, LEO, and ZEC, using utility, store-of-value characteristics, seven-day performance, and 24-hour trading volume as screening criteria. On the regulatory side, Coinbase chief policy officer Faryar Shirzad said the CLARITY Act would place digital asset platforms under stronger oversight rather than weaken national security, responding to criticism from Senator Elizabeth Warren. Separately, The Hill reported that U.S. Senate leaders are targeting the week of July 20 for floor consideration of the bill, though bipartisan disagreements remain. Market data also remained in focus. CryptoQuant analyst Axel Adler said short-term Bitcoin holders still show stronger buy-side pressure than sell-side pressure, even as both cool slightly, while recent ETF inflows are still too small to confirm a reversal in institutional demand. Coinglass data showed $76.96 million in liquidations over the past 24 hours, with short liquidations outpacing longs. Other notable developments included new claims in the Qian Zhimin 60,000 BTC case, renewed accusations from ZachXBT over LAB token selling, and a rare full Bitcoin block mined by a single-chip Bitaxe ASIC machine.

A three-day hearing in the Qian Zhimin 60,000 BTC case was held from July 7 to July 9, 2026, according to Caixin, with Bluetegaorui joining the dispute through a litigation receiver. The case has now shifted from a two-sided fight to a three-way contest over the bitcoin. The UK prosecution, represented by the Director of Public Prosecutions (DPP), argues the assets should be confiscated by the state. Chinese victims claim they hold proprietary interests in bitcoin that can be traced to assets that have risen sharply in value. The litigation receiver for Bluetegaorui argues the bitcoin represents substitute property created after company funds were misappropriated. Caixin said the bitcoin involved was valued at about RMB 427,000 per coin in July this year, compared with Qian Zhimin’s 2014 purchase cost of RMB 2,815 per coin, a 152-fold increase. If applicants succeed in establishing proprietary rights over the bitcoin, recoveries may extend beyond the original investment losses to include the appreciation in value. The lead law firm for individual victims also presented four complementary legal arguments, covering the application of English law, rescission of fraudulent investment contracts, tracing under Sections 305 and 306 of POCA, and a mixed framework that avoids a strict choice between Chinese and English law.

A three-day hearing in the case over 60,000 BTC tied to Qian Zhimin was held from July 7 to 9, 2026, with the dispute expanding from a two-sided contest into a three-way fight after the litigation receiver for Lantiange Rui formally entered the case. The claims now come from three directions: UK prosecutors argue the assets should be confiscated by the state, Chinese victims say they hold proprietary interests in traceable bitcoin that has risen sharply in value, and the receiver for Lantiange Rui contends the bitcoin represents substitute property formed after company funds were misappropriated. The report said the bitcoin was valued at about RMB 427,000 per coin in July this year, up 152 times from Qian’s 2014 purchase cost of RMB 2,815. That valuation has raised the stakes for claimants, because a successful proprietary claim could extend recovery beyond original investment losses to include gains from bitcoin’s appreciation. At the hearing, the Director of the Crown Prosecution Service maintained that Chinese law should apply, while the lead law firm representing individual victims presented four legal arguments covering applicable law in the UK, rescission of fraudulent investment contracts, tracing under POCA sections 305 and 306, and a “hybrid structure” that would avoid a strict choice between Chinese and English law.

Bitcoin price remains above the $66,999.58 Point of Control (POC) within a concentrated trading range of $64,599.72 to $78,998.88, which accounts for 50% of BTC's volume over the past six months. The POC has shifted from a value base to a psychological support. A breakdown below POC with high volume would invalidate the bullish structure.

Pochi Inu is an Ethereum-based meme coin with stated plans for metaverse and NFT features. This article reviews its known profile, limited disclosed price data, storage options, and the key market risks investors should note.

Pochi Inu (POCHI), an Ethereum-based meme coin, shows zero price and all-time high, raising concerns about its viability. The project's promised Metaverse and NFT features remain unrealized, highlighting meme coin risks.

IOTA’s 24-hour trading volume fell to $8.53 million, about 40% below its 7-day average, while price held near $0.06. Analysts say low-volume declines may signal weakening selling pressure and possible accumulation, but a breakout above $0.0625 with stronger volume is still needed for confirmation.

IOTA's 24h volume at $8.53M is 40% below the 7-day average. Price holds near $0.06 with low-volume dips suggesting institutional accumulation. Key support at $0.0612, resistance at $0.0625. A volume spike above EMA20 could confirm the accumulation phase.