Bitcoin may already be pricing in another failure by Washington to deliver comprehensive crypto legislation, according to Galaxy founder and CEO Michael Novogratz.
Tokenized U.S. Treasury products reached approximately $16 billion on July 16, 2026, accounting for nearly 46% of the $34.8 billion in distributed real-world assets.
FTX will begin its fifth round of creditor distributions on July 31, 2026, releasing approximately $900 million through the collapsed exchange’s bankruptcy recovery process.
The European Securities and Markets Authority added 14 firms to its central register of authorised crypto-asset service providers in the update published on July 16, bringing the listed total to 294.
ONDO rose from around $0.31 on July 14 to nearly $0.39 on July 16 as the DTCC and SBI announcements accelerated buying. The token had pulled back to approximately $0.36 at the time of writing on July 17, but it remained roughly 16% above its pre-rally level.
Real-world assets, commonly shortened to RWAs, are traditional investments such as Treasury bills, company shares, loans, and property that are represented through blockchain-based tokens.
HYPE fell 7% to $62.15 on July 16, with the daily low of $61.8 testing the 0.382 Fibonacci retracement. The decline pushed price below its short-term rising structure and returned it to the support that separated the July recovery from a deeper retracement.
E*TRADE from Morgan Stanley completed the rollout of spot cryptocurrency trading on July 16, allowing eligible US clients to buy, sell, and hold Bitcoin, Ethereum, and Solana through its website and mobile application.
Ethereum is retesting key Fibonacci level after a breakout attempt, with bullish momentum and whale profitability supporting continuation while overhead moving averages keep nearby reversal risk elevated.
The United States wants to lead global crypto, but without the CLARITY Act, clearer foreign frameworks may keep attracting developers, companies, investment, and innovation abroad.
Pi Network will upgrade its Mainnet to Protocol v25 on July 22, adding cryptographic tools for privacy-preserving applications and improving node stability.
BlackRock CEO Larry Fink says excessive leverage no longer appears to pose the same threat to Bitcoin and crypto markets that it did before the industry’s previous wave of failures.



