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Bitcoin mining company Bitdeer has published the latest data on its Bitcoin holdings. As of the week of July 17, its Bitcoin mining output was 244.3 BTC, and it sold 244.3 BTC during the same period, resulting in a net addition of 0 BTC. Its current pure BTC holdings are still zero. Since the week of February 20, when it sold 189.8 BTC of that week’s production and its existing reserves of 943.1 BTC, Bitdeer has disclosed that its pure BTC holdings have been zero for 21 consecutive weeks. This measure does not include customer deposits and BTC pledged by the company.

$BTC I am still looking for atleast the sweep of EQHs before dumping,
We have trapped late sellers around ~62k and now we are targeting the higher levels.
The PA recently wasn't that good, So I am still not risking much on the trades and waiting for key levels to get in a big position.
On the downside I am still looking for 59-61k.
And on the upside I am looking for 65-66k POIs.
Our HTF Goal remains the same for now (Low 50s), that's where I will start accumulating heavily for the bull run, I am expecting Low 50s either in July end or August start.
If you guys saw my recent HTF post, I mentioned how we still have that massive dump remaining that we get every bear market.
Pay attention at the end of the month.

Crypto Circle News reports, citing Bloomberg, that the U.S. Department of Justice plans to drop the criminal charges against Bitclub Network founder Matthew Goettsche, and to close the case with a resolution barring any further prosecution. The final terms are still pending confirmation by both sides. Goettsche was indicted in 2019. Prosecutors alleged that he ran a cryptocurrency Ponzi scheme from 2014 to 2019, illegally raised approximately $722 million through a fake Bitcoin mining business and a referral recruitment scheme, and was suspected of conspiring to commit wire fraud and selling unregistered securities. The case was originally scheduled for trial in October this year. The DOJ said the case has lasted nearly 7 years, and it is currently seeking to recover some of the investors’ losses. The decision to withdraw the charges is not related to his lawyer’s lobbying efforts.

It's all over, Argentina is going home too…

Coin World News reported that on Saturday, an oil tanker in the Strait of Hormuz was hit by shelling, the latest escalation in the renewed tensions between the United States and Iran after a provisional agreement was reached to end hostilities in the region. The United Kingdom Maritime Trade Operations Center stated that a vessel in the strait was struck by an "unidentified object," causing damage to the hull, but the crew was reported safe. Bahrain also condemned Iran's drone attack on Saturday, calling it a "blatant violation" of its sovereignty. These new attacks come as the United States and Iran are supposed to be in a 60-day ceasefire negotiation, with both sides consulting on ending the war. However, each accuses the other of violating the terms of the agreement.

CryptoWorld News reports that Craig Raw, the developer of the Bitcoin wallet Sparrow Wallet, stated that Apple has demanded he resolve account issues by June 30, or his Apple Developer account could be terminated. Raw said that the placeholder app he previously submitted to the App Store was only to remind users that Sparrow is only available as a desktop version, and that the mobile version of Sparrow might be counterfeit software. Raw stated that since 2023, more than ten fake Sparrow apps have appeared on the App Store, some of which trick users into entering their wallet seed phrases. Protos reported that Apple has not publicly responded to Raw's claims.

CryptoWorld News: The commodity trader "WTI Crude Oil TOP 1 Short" announced that they have reduced their SILVER long positions by 35,326.79 ounces, approximately $2.5 million, with a current position size of $9.69 million, an average price of $69.64, and a current profit and loss of +$148,885.07 (+30.71%). The current price is $70.72, and the liquidation price is $56.07. This trader also holds a $33 million WTI crude oil short position, prefers to open commodity-related positions, indirectly involved in U.S. stock trading, with a monthly profit of $17 million.

CoinWorld reported that a three-judge panel of the U.S. Second Circuit Court of Appeals unanimously upheld Sam Bankman-Fried’s fraud conviction and his 25-year prison sentence. The court rejected his claims of an unfair trial, saying that the evidentiary rulings did not interfere with his right to a fair defense, adding that the government’s evidence was very compelling, and noting that Bankman-Fried was one of the key drivers behind the collapse of the cryptocurrency exchange FTX. In a 42-page opinion, the judges reviewed the arguments regarding trial fairness and found them unpersuasive. Bankman-Fried was convicted in 2023 for misappropriating customer funds. The appellate ruling upheld his sentence and the forfeiture order of $11 billion.

Crypto World News reports that the U.S. Department of Justice recently arrested two men, accusing them of operating a cryptocurrency money laundering service called Audia6, which has been active since 2021. The suspects are Ruslan Tkachuk, a Ukrainian national, and Alexander Ledenев, a Russian national. The indictment states that Audia6 charged fees of up to 5%. The two also managed an online crime forum called Dark2Web, where they promoted the service. Approximately 10,333 BTC were stored in the Audia6 wallet, valued at over $389 million at the time.

10x Research notes that Bitmine raised $1.92 billion in financing through 50 ATM issuances from 2025/7 to 2026/6, using it to buy about 5.54 million ETH, or roughly 4.6% of the circulating supply. At the current price, it is worth only about $910 million—down by about $10.1 billion versus the amount invested. The main reasons are a 52% drop in ETH spot prices and an accumulated premium of about $460 million above NAV. Currently, Bitmine looks more like a low-cost ETH bull call option; if the ETH price, market sentiment, or financing conditions improve, the potential asymmetric upside may be undervalued by the market.

Dozens of senior executives in the encryption industry have written to the leaders of both parties in the U.S. Senate, urging the preservation of provisions related to the Blockchain Regulatory Certainty Act (BRCA) in the Clarity Act. The joint letter states that this provision will provide legal certainty for Bitcoin, DeFi, and smart contract developers, clarifying that non-control software developers and service providers should not be considered financial intermediaries, thereby supporting the development of domestic cryptocurrency innovation in the United States.

CoinWorld News reports that the U.S. House Ways and Means Committee released seven crypto tax law drafts ahead of this week's hearings, marking the policy direction for the industry’s future. The committee is responsible for drafting tax laws, and the drafts cover topics such as staking, mining, micro-earnings, and stablecoin trading. Although it is unclear whether these drafts will become law by 2026, their existence and the hearings are significant progress. Alison Mangiero, head of industry affairs at the Crypto Innovation Committee, stated that these drafts are "an important first step."

❌ 2013 — You ignored $BTC
❌ 2014 — You slept on $DOGE
❌ 2015 — You underestimated $XRP
❌ 2016 — You watched $ETH fly
❌ 2017 — You faded $ADA
❌ 2018 — You doubted $BNB
❌ 2021 — You laughed at $SHIB
❌ 2023 — You missed the $PEPE madness
❌ 2024 — You overlooked $BRETT
2026 is loading... 🚀
This time, don’t miss $_____ 👀🔥
#ShareYourUSStocksWinNvidia

CryptoWorld News reports that on-chain monitoring shows that the ETH “7 siblings” borrowed $58,000,000 from Spark today, purchasing 32,900 ETH at an average price of $1,762.