KuCoin Crypto Daily(2026-07-16)

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Today's Highlights

1. House Financial Services Committee to Hold Digital Assets Field Hearing in NYC

2. Rare Planetary Alignment Event Expected on July 17, 2026

3. RWA 2026 Conference to Take Place in Hanoi, Vietnam


Macro News

House Panel to Address Wall Street's Role in Digital Assets

The House Financial Services Committee’s Digital Assets Subcommittee will hold a field hearing in New York City on July 17, 2026, focusing on the role of Wall Street in the digital asset sector.


Ether Surpasses Bitcoin in ETF Inflows, Driven by BlackRock

Ether has outperformed Bitcoin this week, with significant ETF inflows primarily attributed to BlackRock. ETH traded near $1,920 on Thursday, rising 2.2% on the day and 11% over seven sessions.


Fidelity International to Rebuild Gold Position Amid Bullish Outlook

Fidelity International announced plans to re-enter the gold market at the right time, citing a strong long-term outlook. The firm reduced its gold exposure earlier this year as the bull run ended.


CFTC Blocks Kalshi from Liquidating Michigan Sports Contracts

The U.S. Commodity Futures Trading Commission (CFTC) halted Kalshi from liquidating sports event contracts held by Michigan users, requiring the platform to fulfill trades under normal procedures.


South Korea to Recognize Crypto as National Asset

South Korea plans to revise its State Property Act to include digital assets as national property, marking a significant step toward mainstream crypto adoption.


Industry Hotspots

Uniswap v4 Launched on Ethereum Mainnet

Uniswap v4 has officially launched on Ethereum mainnet, introducing new Hooks functionality and a singleton contract design aimed at reducing gas costs significantly.


Hyperliquid Launches CXMT Pre-IPO Perpetual Contracts

Hyperliquid has listed perpetual contracts for CXMT ahead of its A-share IPO. The implied market cap reached 3.5 trillion CNY, with whale positions exceeding $8 million.


Cascade CLS Vault Hacked, $1.3M in User Funds Lost

Cascade CLS, a U.S.-based multi-asset perpetual trading platform, suffered a security breach, resulting in a $1.3 million loss. The platform has paused all transactions and invited security teams to investigate.


MoonPay Launches 6-Month Talent Acceleration Program

MoonPay has introduced a six-month program to support emerging talent in the crypto industry, aiming to foster the next generation of crypto leaders and drive innovation.


NEAR Network Reduces Inflation to 2.5%

The NEAR protocol has cut its inflation rate from 5% to 2.5%, with ongoing discussions about potentially turning off inflation entirely. Validators receive NEAR tokens but operate in USD-based environments.


KOL and Institutions

@blknoiz06

$ANSEM Perps now available on PhoenixTrade. Open your longest longs to Valhalla. $ANSEM will definitely hit billions.

@ContextAnalytic

Every trading day brings a new sentiment landscape. Today's Top & Bottom Sentiment Movers highlight where investor perception is shifting in real time.

@coinprop_io

$BSB surged +45.7% while the rest of the market remained quiet. Other top gainers include $EVAA (+45.1%) and $LAB (+40.6%).

@Volume_Stocks

"The market can stay irrational longer than you can stay solvent." — John Maynard Keynes. Being right too early is the same as being wrong. Timing is everything.

@kyc_rip

XMR CEX price is $329.99, with a +0.54% premium over the street price. Privacy nodes account for 76.4% of the network, and P2P liquidity stands at 6,016.66 XMR.

@LarkDavis

Leverage amplifies everything. Gains when you're right. Losses when you're wrong. Most people using leverage aren't managing risk—they're borrowing confidence they don't have.

@Adinerosol

Dikasih 1-0 malah parkir bus. Dikira lawannya Uzbekistan.

@Sony

$SONY is holding up well today, down only 0.43% at $20.71. With strong gaming, music, and imaging businesses, Sony remains a diversified and stable name in the semiconductor sector.

@ODB123

$GME’s off-exchange number was unremarkable, but the total volume was unusually low at 2.53M shares versus a 7.1M average, making the market feel unusually quiet.

@Argentina

Argentina to advance at ~46¢. Argentina in regulation at ~32¢. BTTS Yes at ~52¢. Every market position hit, but it was a tense match with near misses and dramatic moments.


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