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🔔 Bitcoin rallies toward $64K as ETF buyers return after June selloff 🔗 Bitcoin has rebounded nearly 10% from its July 1 low as weak U.S. jobs data, lower oil prices, and a weekend short squeeze pushed traders back toward risk assets. According to data from crypto news, Bitcoin price traded near $62,990 on July 6 after climbing from $58,293 earlier in the week to an intraday high near $64,000. The move followed a weaker-than-expected U.S. nonfarm payrolls report, which showed only 57,000 jobs added in June against forecasts near 110,000. 📊 The miss reduced expectations for more Federal Reserve tightening and helped ease pressure on non-yielding assets. Crude oil traded below $69 per barrel on Monday as energy flows through the Strait of Hormuz recovered, and OPEC+’s planned 188,000-barrel-per-day production increase fueled concerns over a supply glut. The daily chart shows Bitcoin testing the 0.236 Fibonacci retracement level at $63,994 after bouncing from the June low zone near $58,187. A clean daily close above that level would open the next resistance area near $67,587, followed by $70,491 and $73,395. ⚡️ Bitcoin has also pushed back into a descending channel that has capped price action since the May high near $82,795. The latest candle is struggling near the channel’s upper boundary, making the $64,000 region the first key test for buyers.

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🔔 Base delays Beryl upgrade by one day ahead of B20 activation ⚠️ Base has delayed its Beryl mainnet upgrade by one day to ensure the B20 Activation Registry is fully operational before the hard fork goes live. The Ethereum layer 2 network attributed the delay to a timing dependency involving the B20 Activation Registry, which must complete its initialization before developers can deploy native B20 tokens. 🔖 The network explained that the Activation Registry controls whether B20 feature flags become available after the hard fork. Base added that the registry can take up to one hour to come online after activation, making the additional delay necessary before the upgrade proceeds. 🔗 Beryl is Base’s second independent network upgrade after Azul, which reached mainnet in May. The release introduces B20, a protocol level token standard that allows issuers to create stablecoins and real-world asset tokens directly within Base’s node software instead of deploying conventional ERC 20 smart contracts.

🌐 Amazon walks away from Sam Altman movie before OpenAI IPO 🔔 According to a report from Puck, Amazon has stepped away from the high-profile film project despite continuing discussions with the filmmakers about securing a new distribution partner. The report said the decision comes as Amazon deepens its business relationship with OpenAI, including a multi-billion-dollar investment commitment tied to future milestones. ❗️ The movie centers on OpenID chief executive Sam Altman and also features Tesla and xAI founder Elon Musk. Puck reported that the film does not present either technology executive in an entirely favorable light, a factor that some industry observers believe may have influenced Amazon’s decision. 🔖 While the company reportedly expressed confidence in the director’s creative abilities, it has chosen not to move forward as the film’s distributor. Amazon’s exit has drawn attention because it follows a major cloud computing agreement signed with OpenAI last year. Although the company has not publicly linked the decision to its partnership with the artificial intelligence firm, the timing has fueled discussion across both Hollywood and the technology industry.

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🌐 Ethereum price analysis after BitMine buys another 75,000 ETH ⚠️ Ethereum price has dropped toward the $1,600 level despite reports that Tom Lee-backed BitMine acquired another 75,000 ETH worth roughly $123 million, as traders continue reducing risk ahead of the latest U.S. inflation data. ⚠️ According to market data, Ethereum traded near $1,627 at press time after falling almost 4% over the past 24 hours. The token has now declined roughly 14% from its June high near $1,890 and remains about 66% below its 2026 peak around $4,800 recorded earlier this year. ETH’s latest weakness emerged ahead of the May Consumer Price Index report, with uncertainty around inflation and Federal Reserve policy keeping pressure on risk assets across both crypto and equities. 🔖 Despite the selloff, one of Ethereum’s largest corporate holders appears to have continued adding to its position. Lookonchain identified fresh transfers of approximately 75,000 ETH from Kraken and FalconX-linked wallets into addresses associated with BitMine.

🌐 Bitcoin perps hit Kalshi as U.S. traders get long-awaited access 🔔 Kalshi announced on X that its bitcoin perpetual futures contract is now live on the platform, describing the launch as one of the first openings for U.S. investors to trade regulated crypto perps on domestic soil. The product, listed as BTCPERP, follows approval from the Commodity Futures Trading Commission on May 29, 2026, under Commission Regulation 40.3. ❗️ The CFTC order approved KalshiEX, LLC to list a contract tied to the spot price of bitcoin. Unlike traditional futures contracts, the contract has no expiration date, giving traders continuous exposure without a fixed settlement price. 🔗 Kalshi CEO Tarek Mansour told CNBC’s Squawk on the Street that perpetual futures are “the purest form of trading.” He also framed the launch as part of Kalshi’s move beyond prediction markets and into a fuller derivatives exchange model.

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🌐 SEC delays tokenized stock exemption after exchanges raise ownership concerns ❗️ The U.S. Securities and Exchange Commission has reportedly delayed plans to introduce a proposed exemption for tokenized stock trading after exchanges and market participants raised concerns over investor protections and how blockchain-based ownership would function in practice. 🔖 According to a Bloomberg report published Friday, SEC staff had already reviewed a draft framework tied to the agency’s proposed “innovation exemption,” which was expected to be released earlier this week before discussions slowed. 🔔 People familiar with the matter told Bloomberg that feedback from stock exchange officials and other market participants centered on whether tokenized equities could preserve the same legal and economic rights attached to traditional shares. Questions were also raised over how ownership records would be verified on semi-pseudonymous blockchains and whether unauthorized firms could issue stock-linked tokens without approval from the underlying public companies.