🗞️ Top Crypto News | July 11 (24H)

The crypto market remained active over the past 24 hours, with developments across Bitcoin, regulation, exchanges, and digital asset infrastructure.

🟠 Bitcoin's credit market has now grown beyond $10 billion, continuing to expand even after its first major selloff. The resilience suggests that Bitcoin-backed lending is becoming a more established part of the crypto financial ecosystem.

📉 AscendEX announced it is shutting down after failing to meet MiCA regulatory requirements. The exchange also warned that some withdrawal requests may experience delays, reminding users to monitor their accounts closely.

📊 Bitcoin's rebound toward $64,000 is approaching a critical technical test. Analysts believe the next few days could determine whether the recovery continues or loses momentum at a key resistance level.

⚖️ In the Terraform Labs legal case, a judge allowed the company to use evidence from the Jump Trading lawsuit while rejecting four late creditor claims, marking another important development in one of crypto's biggest court battles.

🇭🇰 Hong Kong has introduced stricter security requirements, giving licensed crypto platforms one year to replace one-time passwords with stronger authentication methods—or potentially bear responsibility for user losses.

📈 Top 24-Hour Gainers
🚀 TIBBIR: +19.38%
🚀 CASHCAT: +19.94%
🚀 BEAT: +12.12%

The market continues to evolve as institutional adoption, regulation, and infrastructure remain the key themes driving crypto forward.

Which headline do you think will have the biggest impact on the market this week? 👇