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Iranian Strikes in Jordan Injure Multiple US Troops, No Deaths Reported

Iran Expands Attacks on US Positions in the Middle East Multiple US service members were injured after Iran recently struck military bases in Jordan that included facilities used by US forces. The US and Jordanian governments said there were no death

Hyperliquid Founder Says Digital-Asset Industry Must Do More to Win Top Talent

The digital-asset industry's biggest challenge is its failure to attract strong talent, Odaily reported on July 18. Jeff Yan, founder of Hyperliquid (HYPE), said one of the biggest issues facing the digital-asset and fintech industries is that they a

Pump.fun Becomes Solana Overhang as SOL Selling Continues

Pump.fun, the memecoin launchpad that helped support the Solana ecosystem, is emerging as a drag on the broader network after selling large amounts of Solana tokens. The project appears to be raising cash through SOL sales as protocol revenue shrinks

US Bitcoin ETFs Draw $132.3 Million in One Day as Altcoin Funds Stay Quiet

More than $130 million flowed into spot Bitcoin exchange-traded funds listed in the US in a single day. Spot Ether ETFs drew another $36.73 million. By contrast, net flows for altcoin ETFs tied to XRP and Solana were flat. Data from SoSoValue for Jul

US Spot Ether ETFs Post $36.73 Million of Net Inflows

US spot Ether exchange-traded funds drew more than $36 million of net inflows in a single day. Data from SoSoValue showed the 10 spot Ether ETFs trading in the US recorded combined net inflows of $36.73 million on July 17. BlackRock's ETHA led the gr

CryptoQuant Says Strategy Still Needs Systematic Bitcoin Trading Rules

CryptoQuant said Strategy’s new capital management strategy has eased liquidity concerns but still lacks systematic rules for buying and selling Bitcoin. The Block reported July 17 that CryptoQuant Head of Research Julio Moreno, in a report, assessed

US Spot-Bitcoin ETFs See $132.3 Million of Net Inflows

More than $100 million flowed into the U.S. spot-Bitcoin exchange-traded fund market in a single day. Data from SoSoValue showed the 13 U.S. spot-Bitcoin ETFs recorded combined net inflows of $132.3 million on July 17. The products have now posted in

Seattle Raccoon Meme Sends Solana Token JIMOTHY Soaring 52-Fold in a Day

A Seattle raccoon that went viral online has helped send a cryptocurrency inspired by the animal soaring in just one day. CoinGecko data on July 17 showed the Solana-based meme coin JIMOTHY the Raccoon climbed to a record intraday market capitalizati

US Ends Seven Days of Strikes on Iran, Says Key Military Sites Were Devastated

US Central Command said it had successfully concluded seven consecutive days of intensive military strikes on Iran. Alongside the air campaign, the US military also fully enforced a maritime blockade on Iranian ports, escalating pressure to its highe

Philadelphia Semiconductor Index Falls Into Bear Market After 20.2% Slide From Record High

The Philadelphia Semiconductor Index, or SOX, has entered a technical bear market. The SOX fell 1.6% on July 17, ending 20.2% below its record closing high set on June 22. An index is typically considered to be in a bear market when it drops 20% or m

France Orders Nationwide Block of Polymarket Over Illegal Gambling Concerns

France’s gambling regulator has ordered a nationwide block on access to prediction-market platform Polymarket. Reuters reported on July 17 that the National Gambling Authority, known as ANJ, instructed French internet service providers to block acces

Galaxy Digital Signs 15-Year Naming Rights Deal for Texas Tech Football Stadium

Galaxy Digital has secured the naming rights to Texas Tech University's football stadium. Cointelegraph reported on July 17 that Galaxy Digital signed a 15-year naming rights agreement with Texas Tech University. The stadium will be called Galaxy Sta

US Central Command Strikes Iran for Seventh Straight Day, Enforces Maritime Blockade

The US Central Command has carried out high-intensity strikes on Iran for a seventh straight day while simultaneously enforcing a full maritime blockade, stepping up pressure on multiple fronts. CENTCOM said on X on July 17 that it launched additiona

SpaceX Loses $1 Trillion in Market Value as Shares Fall Below IPO Price

Elon Musk-led aerospace and artificial intelligence company SpaceX has lost $1 trillion in market value in just over a month. Bloomberg reported on July 17 that SpaceX shares fell to $122.12, reducing the company’s market capitalization to $1.61 tril

Nigeria Puts Executive Order Unifying Crypto Oversight Into Effect

Nigeria has put into effect the 2026 Virtual Asset Coordination Executive Order, clarifying regulatory authority over virtual assets and mandating cooperation among government agencies. Premium Times reported on July 17 that President Bola Tinubu sig

US Stocks Fall as Chip Selloff Deepens; Nasdaq Drops 1.4%

A selloff in artificial intelligence chip stocks pushed all three major US stock indexes lower on July 17. The Dow Jones Industrial Average fell 406.55 points, or 0.77%, to 52,146.42 at the close on the New York Stock Exchange. The S&P 500 dropped 76

FTX to Begin Fifth Creditor Payout on July 31, Distributing $900 Million

FTX, the bankrupt cryptocurrency exchange, will begin the fifth round of creditor repayments on July 31, with about $900 million set to be distributed. Cointelegraph reported on July 17 that the FTX Recovery Trust announced the payout for creditors i

Bank of America Names Executives to Lead Digital-Asset, AI Businesses

Bank of America has appointed Sonali Theisen and Kevin Milsom to lead its digital-asset and artificial intelligence businesses, respectively. Bloomberg reported on July 17 that Theisen will oversee the bank’s digital-asset business, including stablec

Bitcoin Briefly Falls Below $64,000

Bitcoin briefly fell below the $64,000 mark. As of 5:19 a.m. on July 18, Bitcoin was trading at $63,977.25 on Binance's Tether market, down 0.11% from 24 hours earlier.