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Hyperliquid has unveiled plans to introduce permissionless prediction markets through its upcoming HIP 4 network upgrade, allowing eligible users to launch outcome markets without requiring direct validator deployment. The feature, announced on July 20, will first be rolled out on the testnet before making its way to the mainnet.

The upgrade is designed to expand market creation while maintaining consistency through validator approved templates and a staking mechanism aimed at ensuring markets are clearly defined and settled correctly.

How the HIP 4 System Will Operate

Until now, only validators have been able to deploy outcome markets on Hyperliquid. Under HIP 4, validators will instead vote on standardized market templates that qualified users can use to create their own prediction markets.

These templates will be stored on chain and are intended to cover events with sufficient liquidity and user demand while minimizing ambiguity. Market creators will be responsible for defining and settling their own markets based on the approved templates, and multiple users will be allowed to launch identical markets if they choose.

Validator created canonical markets will remain available but are expected to become increasingly rare. Hyperliquid said the long term goal is for validators to create fewer than 10 outcome markets annually.

To maintain quality, HIP 4 introduces a staking requirement of 500,000 HYPE for anyone seeking to become a market deployer. The stake will remain locked for six months and may be reduced if a deployer creates poorly defined markets or fails to settle them correctly. Markets left unresolved for more than one week may also result in penalties, and deployers must settle all active markets before withdrawing their stake.

Initially, each deployer will be allowed to create up to 100 outcomes, equivalent to 200 outcome tokens, with additional capacity expected through a future auction system. Hyperliquid also plans to introduce configurable fee sharing of up to 50 percent in a later update. At launch, only AQAv2 quote tokens will be supported.

The team emphasized that the specifications remain preliminary and could change based on community feedback before the feature reaches the testnet and mainnet.

HYPE Price Shows Limited Reaction

Despite the announcement, Hyperliquid’s native HYPE token showed little immediate response. At the time of writing, the token was trading near $60, down roughly 1 percent over the past 24 hours and nearly 10 percent over the previous week.

The weakness extends across longer timeframes, with HYPE declining almost 16 percent over the last two weeks and around 13 percent during the past month. Even so, the token remains approximately 34 percent higher than it was a year ago, although it is still more than 21 percent below its all time high of $76.87 reached about a month ago.

Hyperliquid’s expansion into permissionless prediction markets comes as interest in the sector continues to grow. A recent CoinGecko report found that notional trading volume across prediction market platforms reached a record $50.7 billion in June, driven by major sporting events such as the UEFA Champions League final, the NBA Finals, and Wimbledon. Total volume for the second quarter of 2026 climbed to $113.8 billion, representing a 48.7 percent increase compared with the previous quarter.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Cross chain stablecoin bridge Allbridge Core has temporarily suspended its protocol after suffering a security breach that resulted in losses of about $1.65 million. Blockchain security firm PeckShield reported that the attacker has already transferred the stolen funds from Solana to Ethereum.

Allbridge Halts Operations and Urges Users to Withdraw Funds

Following the incident, Allbridge confirmed the exploit and announced that the protocol had been paused while its team investigates the breach. The project also advised users with assets in the affected liquidity pools to withdraw their funds as soon as possible.

According to the team, the attack created a temporary arbitrage opportunity after disrupting the balance of the affected liquidity pools. Allbridge appealed to anyone who benefited from the arbitrage to voluntarily return the profits, stating that any recovered funds would be used to compensate impacted liquidity providers.

Blockchain security firm Onchain Labs revealed that the exploit began with a $1.12 million USDC flash loan obtained through Kamino on Solana. The attacker allegedly manipulated the stablecoin pool ratios by rapidly swapping USDC and USDT, allowing liquidity to be withdrawn at distorted exchange rates. After repaying the flash loan within the same transaction, the attacker moved the stolen assets through privacy protocols to obscure their trail.

Another Blow for Cross Chain Bridges

This is not the first time Allbridge has fallen victim to a flash loan attack. In April 2023, the protocol lost approximately $573,000 after an attacker exploited a smart contract vulnerability on BNB Chain. The flaw allowed token swap prices to be manipulated, resulting in the theft of nearly $290,000 in both BUSD and USDT.

The latest incident adds to a growing list of attacks targeting cross chain bridge infrastructure. In April, Syndicate Labs lost around $330,000 worth of SYND tokens after a compromised private key gave an attacker control of its Commons bridge contracts.

The following month, the Verus Ethereum bridge was exploited for more than $11 million because one of its smart contracts failed to properly validate transactions. Most of the stolen funds were later recovered.

In June, Ethereum Layer 2 network Taiko also warned users to withdraw their assets after attackers stole approximately $1.7 million from one of its bridge protocols, highlighting the continued security challenges facing cross chain infrastructure.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Strategy has significantly improved its financial position after addressing liquidity concerns that surfaced earlier this year. In a July 14 update, on chain analytics firm CryptoQuant said the company’s newly introduced capital framework has reduced short term financial pressure. However, analysts noted that uncertainty still surrounds Strategy’s long term approach to managing its Bitcoin holdings.

The update comes after CryptoQuant’s June 23 report, which warned that Strategy’s cash reserves were declining even as the company continued buying Bitcoin. At the time, analysts estimated that its available liquidity could cover preferred dividend obligations for only about 14 months without additional funding.

Strategy Introduces New Capital Framework

To strengthen its financial flexibility, Strategy unveiled its Digital Credit Capital Framework on June 29. The initiative established a board approved U.S. dollar reserve policy that initially targeted approximately $2.55 billion before increasing the goal to nearly $3 billion.

The framework also increased the STRC dividend rate to 12 percent and authorized up to $1 billion each for preferred securities issuance and MSTR share repurchases. In addition, the company launched a Bitcoin Monetization Program that allows it to sell up to $1.25 billion worth of Bitcoin to support reserves and funding requirements.

CryptoQuant noted that these measures closely reflected recommendations made in its earlier report. Strategy also paused new Bitcoin purchases and sold 3,588 BTC valued at about $216 million between June 29 and July 5. During the same period, the company raised $466.7 million through its MSTR at the market share offering.

As a result, Strategy’s cash reserves climbed from roughly $1.44 billion to around $3 billion, extending its estimated dividend coverage from about 14 months to nearly 29 months. Meanwhile, the company maintained its Bitcoin holdings at approximately 843,775 BTC by temporarily halting further acquisitions.

Long Term Bitcoin Strategy Still Unclear

According to CryptoQuant, investors have responded positively to Strategy’s stronger liquidity position. STRC rebounded from a June low of around $75 to approximately $88, although it remains below its stated value of $100.

Despite the improved financial outlook, analysts said the company has yet to clarify when Bitcoin purchases will resume. They also pointed out that the Bitcoin Monetization Program focuses on supporting dividends, reserves, and share repurchases, while offering little insight into Strategy’s long term Bitcoin investment plan.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Spot Bitcoin exchange traded funds recorded a second consecutive week of positive net inflows, signaling continued recovery after a prolonged period of heavy investor withdrawals. However, Ethereum ETFs outperformed their Bitcoin counterparts by attracting even more fresh capital during the week.

Bitcoin ETFs Stay in Positive Territory

The week began on a difficult note for spot Bitcoin ETFs, with investors withdrawing $424.66 million on Monday. It was the largest single day outflow since June 26 and briefly raised concerns that the previous week’s recovery had been short lived.

Sentiment improved significantly over the following four trading sessions. According to SoSoValue, the funds attracted approximately $181 million on Tuesday, $107.8 million on Wednesday, $79.15 million on Thursday, and $132.3 million on Friday.

Those inflows were enough to offset Monday’s losses, leaving Bitcoin ETFs with a weekly net inflow of about $75.67 million.

While the return to positive territory is encouraging, it remains modest compared with the scale of the recent selloff. Between mid May and early July, Bitcoin ETFs experienced eight consecutive weeks of net outflows, losing more than $8 billion overall. During five of those weeks, withdrawals exceeded $1 billion, with the week ending June 26 recording nearly $1.79 billion in net outflows.

As a result, cumulative net inflows declined from $59.34 billion to $51.08 billion before recovering slightly to $51.35 billion as of July 17.

Ethereum ETFs Outperform

Ethereum ETFs delivered an even stronger performance, recording $105.44 million in net inflows for the week, following the previous week’s gain of $84.42 million.

Like Bitcoin funds, Ethereum ETFs started the week with net outflows of $15.41 million on Monday and another $28.04 million on Thursday. However, those losses were more than offset by inflows of $58.34 million on Tuesday, $53.83 million on Wednesday, and $36.73 million on Friday.

Ethereum ETFs had also endured eight consecutive weeks of outflows before their recent turnaround. During that period, cumulative net inflows fell from $12.09 billion to $10.89 billion, a decline of more than $1.1 billion.

Following two straight weeks of positive flows in mid July, cumulative net inflows have recovered to approximately $11.08 billion, suggesting investor sentiment toward Ethereum funds is also beginning to improve.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Strategy has significantly strengthened its liquidity position after introducing a new capital management framework, easing concerns over its short term financial health. However, analysts say uncertainty still surrounds the company’s long term approach to managing its massive Bitcoin holdings.

In a July 14 follow up report, on chain analytics platform CryptoQuant said Strategy’s latest financial initiatives have reduced immediate liquidity risks that were highlighted in its previous assessment. Even so, the firm believes several important questions about Strategy’s Bitcoin strategy remain unanswered.

New Capital Plan Strengthens Financial Flexibility

CryptoQuant had warned in late June that Strategy’s cash reserves were steadily declining as the company continued accumulating Bitcoin. At the time, analysts estimated the firm had enough liquidity to meet preferred dividend obligations for only about 14 months without raising additional capital.

To improve its financial position, Strategy introduced its Digital Credit Capital Framework on June 29. The plan established a board approved cash reserve policy with an initial target of approximately $2.55 billion before increasing that goal to around $3 billion.

The framework also raised the STRC preferred dividend rate to 12%, authorized up to $1 billion in preferred securities issuance, approved up to $1 billion in MSTR share repurchases, and launched a Bitcoin Monetization Program. The program allows the company to sell as much as $1.25 billion worth of Bitcoin to support cash reserves and other funding needs.

CryptoQuant noted that these measures closely reflected recommendations made in its earlier report.

As part of the strategy, the company temporarily paused new Bitcoin purchases and sold 3,588 BTC, valued at roughly $216 million, between June 29 and July 5. Strategy also raised an additional $466.7 million through its at the market MSTR share offering.

These moves increased the company’s cash reserves from approximately $1.44 billion to nearly $3 billion, extending its estimated preferred dividend coverage from about 14 months to roughly 29 months. During this period, Strategy maintained its Bitcoin holdings at around 843,775 BTC by suspending further acquisitions.

Long Term Bitcoin Plans Still Unclear

While the market has responded positively to Strategy’s stronger financial position, CryptoQuant believes important uncertainties remain.

The firm’s STRC preferred shares have recovered from their June low of around $75 to approximately $88, although they continue to trade below their stated value of $100.

Analysts also pointed out that the new capital framework does not indicate when Strategy intends to resume buying Bitcoin. In addition, the Bitcoin Monetization Program focuses primarily on supporting dividend payments, strengthening cash reserves, and funding share repurchases, without outlining a broader long term strategy for actively managing the company’s Bitcoin holdings.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Spot XRP exchange traded funds returned to positive territory last week after ending a two month inflow streak with their first weekly outflow in early July. While fresh capital has started flowing back into the funds, a noticeable slowdown in overall investor activity is becoming increasingly difficult to ignore.

Inflows Recover After Brief Setback

For nearly two months, XRP ETFs consistently attracted new investment even as spot Bitcoin and Ethereum ETFs experienced billions of dollars in net outflows. During that period, XRP funds recorded nine consecutive weeks of positive inflows, bringing in close to $200 million.

That streak came to an end during the second week of July, when investors withdrew just over $7 million, marking the first weekly net outflow in more than two months.

The latest trading week, however, saw sentiment improve. XRP ETFs recorded net inflows of approximately $6.78 million, nearly erasing the previous week’s losses and pushing cumulative net inflows back to a record high of almost $1.5 billion.

Among the issuers, Bitwise continues to strengthen its lead over Canary Capital. Bitwise’s XRP ETF now manages nearly $500 million in assets under management, while Canary Capital’s XRPC holds just under $470 million.

A Slowdown Beneath the Surface

Despite returning to positive territory, the week’s inflow figures reveal a less encouraging trend.

The entire $6.78 million in net inflows came from a single trading session on July 16. According to SoSoValue, the remaining four trading days recorded no measurable fund flows.

Even more notably, seven of the last ten trading sessions have ended with zero net inflows or outflows, suggesting that trading activity and investor participation have cooled considerably.

Seasonal factors may be contributing to the slowdown, as trading volumes often decline during the summer months while investors wait for stronger market catalysts. XRP’s muted price performance has also likely weighed on demand. The token has repeatedly failed to break above the $1.10 resistance level, remains down about 3% over the past month, and its market capitalization continues to sit below $70 billion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Michael Saylor has once again stirred discussion across the crypto community after posting a familiar chart on X highlighting Strategy’s Bitcoin purchases over the past six years, accompanied by the simple question, “What’s next?”

In previous years, such posts were widely interpreted as a signal that another Bitcoin acquisition was imminent. However, recent developments have changed how investors view these cryptic messages.

A Different Meaning This Time?

Saylor has long used similar posts to tease upcoming announcements, with Strategy typically revealing another sizable Bitcoin purchase on the following business day. That pattern shifted several weeks ago when, instead of announcing a new acquisition, the company disclosed its largest Bitcoin sale to date, offloading more than 3,500 BTC.

The sale came shortly after Strategy introduced its Digital Credit Capital Framework, a plan designed to strengthen liquidity while maintaining long term exposure to Bitcoin. At the time, the company held approximately $2.55 billion in cash reserves, enough to fund about 17 months of dividend payments. The framework also outlined the possibility of selling up to $1.25 billion worth of Bitcoin to extend that dividend coverage beyond 25 months.

Last weekend, another one of Saylor’s signature posts generated similar speculation, yet no Bitcoin purchase followed. Instead, Strategy expanded its cash reserves to roughly $3 billion through an at the market stock offering.

With another cryptic message now circulating, investors are once again debating whether Monday will bring news of a fresh Bitcoin purchase, another sale, or an entirely different corporate update.

Strategy’s Massive Bitcoin Position

Since launching its Bitcoin accumulation strategy nearly six years ago, Strategy has completed 113 separate purchases, building one of the largest corporate Bitcoin holdings in history.

The company currently owns approximately 843,775 BTC, with buying activity accelerating after the 2024 US presidential election amid expectations of a more crypto friendly regulatory environment.

Despite its consistent dollar cost averaging strategy, Strategy remains underwater on its investment due to Bitcoin’s price decline over the past nine months. The company has spent roughly $64 billion acquiring its holdings, while the current market value is estimated to be nearly $10 billion lower, leaving it with an unrealized loss of around 15%.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

With June’s Consumer Price Index report now behind markets, investors have shifted their attention to the US Federal Reserve’s next policy meeting at the end of July.

Although inflation has continued to ease, some policymakers are still advocating for tighter monetary policy. That has sparked fresh debate over how Bitcoin could react if the Fed unexpectedly raises interest rates.

A Key Macro Event for Bitcoin

Recent inflation data has strengthened expectations that the Federal Reserve will leave interest rates unchanged. According to CME FedWatch data, markets currently assign an 85% probability to rates remaining steady, while the likelihood of a 25 basis point increase sits at roughly 15%.

The softer than expected June inflation reading reinforced the view that the Fed is unlikely to alter its current policy stance. Even so, some officials, including Fed Chair Kevin Warsh and Dallas Fed President Lorie Logan, have continued to signal a more hawkish approach.

Higher interest rates have traditionally weighed on Bitcoin and other risk assets. Rising borrowing costs tend to reduce liquidity across financial markets while making lower risk investments, such as US Treasury securities, more attractive to investors.

The clearest example came during the Fed’s aggressive tightening cycle in 2022 and 2023, when Bitcoin experienced significant declines. However, today’s market environment differs in several important ways.

Could Bitcoin Sell Off?

Much of Bitcoin’s immediate reaction would likely depend on whether a rate increase comes as a surprise. Since markets largely expect no policy change, an unexpected hike of 25 or even 50 basis points could trigger a broad sell off across equities, cryptocurrencies, and other risk assets.

The longer term outlook, however, may be less bearish. If the Fed chooses to raise rates because the US economy remains resilient and inflation proves more persistent than expected, stronger economic growth could continue supporting corporate earnings and institutional investment. Under those conditions, Bitcoin may recover relatively quickly, as it has done following previous macroeconomic shocks.

For now, investors remain cautious. While the consensus still points to unchanged interest rates, inflation remains above the Federal Reserve’s target and several policymakers continue to advocate tighter monetary policy. Any unexpected move at the July meeting could lead to heightened volatility across the crypto market, with Bitcoin likely at the center of the reaction.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic

Optimism surrounding the CLARITY Act has faded sharply, with prediction markets now placing its chances of becoming law at just 31%, despite the bill clearing a key Senate committee and renewed efforts from President Donald Trump to move the legislation forward.

Trump made crypto regulation a central part of his 2024 campaign, promising to establish a clearer legal framework for digital assets. The CLARITY Act has been viewed as the cornerstone of that agenda, but its path to becoming law remains uncertain as political divisions continue to stall progress.

Momentum Slows in the Senate

The legislation has already achieved several significant milestones. A year ago, the House of Representatives approved its version of the CLARITY Act with a bipartisan vote of 294 to 134. More recently, the Senate Banking Committee advanced the bill with support from every Republican member and two Democratic senators.

The proposed legislation seeks to provide long awaited regulatory clarity by clearly defining the responsibilities of the Commodity Futures Trading Commission and the Securities and Exchange Commission. Under the bill, the CFTC would oversee spot markets for digital assets classified as commodities, while the SEC would continue regulating assets considered securities.

Despite reaching the Senate calendar as Bill No. 423, the legislation still faces a major obstacle. It requires at least 60 votes to advance in the Senate, meaning Republican support alone is not enough.

Several Democrats continue to push for stricter ethics rules that would prevent senior government officials from owning, issuing, or financially benefiting from crypto related businesses. Trump’s involvement with his meme coin project has added fuel to those concerns.

Traditional banking groups have also raised objections, arguing that crypto firms should not be allowed to offer interest style rewards on stablecoin holdings because such products could draw deposits away from banks.

Although the White House has hosted multiple meetings between banking representatives and crypto industry leaders, including Trump’s latest discussions, negotiators have yet to reach a compromise that satisfies all parties.

What Comes Next?

Before the bill can receive a full Senate vote, Senate leadership must agree to bring it to the floor while supporters secure enough Democratic backing to clear the 60 vote threshold.

Another complication is that both the Senate Banking Committee and the Senate Agriculture Committee oversee different portions of the legislation through their authority over the SEC and the CFTC. Their respective proposals must first be combined into a single legislative package before lawmakers can vote on the final version.

While passage in 2026 remains possible, confidence is fading quickly. Supporters hope to move the legislation before the Senate’s August recess, but the approaching November midterm elections could significantly reshape Congress and further complicate the bill’s prospects.

Prediction markets have reflected the growing uncertainty. Approval odds have fallen from more than 70% following the committee’s progress in May and roughly 40% earlier this week to around 31% after recent negotiations stalled. Some Washington policy analysts believe the true likelihood of passage may be even lower.#crypto#cryptonews https://coinsignals.nethttps://t.me/coinsignalpublic

Bitcoin continued its steady weekend recovery, climbing close to the $65,000 mark after rebounding from a low of around $63,700 on Saturday.

While most large cap altcoins have traded with little movement over the past 24 hours, the weekly performance tells a different story. Zcash (ZEC), Litecoin (LTC), Ondo (ONDO), and Cronos (CRO) emerged as some of the strongest performers, while Hyperliquid (HYPE) recorded the biggest decline among major cryptocurrencies.

Bitcoin Eyes Key Resistance

Bitcoin spent much of last weekend hovering around $64,000 despite escalating tensions between the United States and Iran. However, the market reacted on Monday as geopolitical uncertainty pushed BTC down to approximately $61,800.

Sentiment improved after softer than expected US inflation data for June was released on Tuesday. The positive macroeconomic news helped Bitcoin rally to nearly $65,600 on Wednesday, its highest level in about three weeks.

The momentum proved short lived, with BTC falling back toward $62,000 on Thursday and Friday. Buyers stepped in before further losses could develop, allowing the asset to recover to around $64,000 before advancing toward $65,000 over the weekend. Even so, Bitcoin has yet to reclaim that level, which analysts view as an important short term resistance.

Bitcoin’s market capitalization has climbed to nearly $1.3 trillion, while its dominance over the broader crypto market has risen above 57%.

Weekly Winners and Losers

Ethereum briefly approached $1,950 earlier in the week before pulling back by almost $100. Despite the correction, ETH remains more than 4% higher than it was a week ago.

Among the largest cryptocurrencies, ZEC delivered the strongest weekly performance with a gain of roughly 9%. Litecoin, Ondo, and Cronos also posted notable advances, with CRO rising by as much as 8%.

On the downside, Hyperliquid’s HYPE token fell more than 9% over the week. Even so, it managed to hold support around the $60 level. Bitcoin Cash, Chainlink, Bittensor, and Aave also ended the week with noticeable losses.

Despite mixed performances across individual assets, the total cryptocurrency market capitalization has grown by roughly $60 billion over the past week, reaching more than $2.27 trillion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic