Bitcoin beat out local resistance to pass $66,000 amid predictions of as much as 6% BTC price upside if momentum continued. Bitcoin (BTC) passed one-month highs on Tuesday as price action defied the odds to top $66,000. Key points: BTC/USD hit highs of $66,306 on Bitstamp, according to TradingView data. That’s a level last seen on June 17. Read more
A UK parliamentary group launched an inquiry into banking restrictions on crypto firms and consumers, including their impact on investment and competition. [Update: July 21, 2026, 10:30 AM UTC: Added comments from Yuriy Brisov, a partner at London-based consultancy firm Digital & Analogue Partners.] A United Kingdom parliamentary group has launched an inquiry into whether crypto businesses and consumers face barriers to banking services, including account access and restrictions on crypto-related transactions. On Monday, the Crypto and Digital Assets All-Party Parliamentary Group (APPG) said that it would examine how the restrictions affect investment, competition and economic growth. The group said it would assess whether the restrictions are proportionate. Read more
US spot Bitcoin ETFs recorded $227 million in inflows as BTC climbed above $65,000, extending their longest winning streak since early May. US-listed spot Bitcoin exchange-traded funds (ETFs) posted their fifth consecutive day of net inflows, marking their longest winning streak in nearly three months. Bitcoin ETFs attracted $226.9 million in net inflows on Monday, the strongest daily inflows since July 6, bringing total net inflows over the five-day streak to about $727.3 million, according to data provider SoSoValue. The five-session streak is the longest run of consecutive inflows since a six-session stretch from April 30 through May 5. Monday’s inflows reduced year-to-date net outflows for US spot Bitcoin ETFs to below $5 billion. Read more
The Coinbase-backed Ethereum layer-2 is preparing to expand its financial offerings as it pivots away from its earlier social-first strategy. Base is close to launching 1:1-backed tokenized equities, according to Jesse Pollak, creator of Coinbase’s Ethereum layer-2 network. Pollak said in a Tuesday X post that Robinhood Chain, the recently launched Ethereum layer 2, had gotten tokenized equities in an EVM environment right, adding that Base was behind on that front. Lazer Technologies head of fintech Garrett Skrovina asked about the timeline for launching 1:1-backed equities on Base, to which Pollak replied: “Imminent — dotting i’s and crossing t’s, but should be very soon.” Read more