Market maker Wintermute characterized Bitcoin’s recent rebound as a “textbook relief rally.” It attributed the move to marginal easing in macro conditions and a more dovish Federal Reserve stance. Wintermute also pointed to improving headlines around the Ethereum ecosystem and rising institutional-related positive news as additional drivers.

One company in the Ethereum ecosystem is reported to be holding an amount of ETH that is close to 5% of the network’s circulating supply. The article says this concentration is visible at the on-chain address level. It notes the figure could raise discussions about potential sell pressure, governance influence, or custody risk.

Cardano founder Charles Hoskinson said an upcoming Leios upgrade could raise the network’s throughput by 60 times, bringing performance closer to the XRP Ledger. He made the remarks in an interview with David Gokhshtein. Hoskinson said higher performance could help attract more users, increase transaction activity and lift DeFi total value locked (TVL).

SBI VC Trade in Japan has surpassed 2 million registered accounts, with reports saying the platform is promoting institutional use of Bitcoin and XRP for settlement and asset allocation. The SBI Group has long invested in blockchain infrastructure, and its SBI Ripple Asia unit has been deeply involved in partnerships across the XRP ecosystem. The account milestone points to continued acceptance among mainstream Japanese financial institutions of XRP for cross-border payments and compliant tokenization use cases, though no details were disclosed on XRP trading volumes, new pairs or regulatory licensing progress.

BlackRock CEO Larry Fink said that “in almost every period of time in our lifetime, if you bought the dips, you would’ve benefited,” while adding that he believes the world is only at the beginning of expanding the global capital market. He also signaled a bullish stance on Bitcoin in the same remarks.

Australian construction and fitout company FDC Consolidated is set to list on the ASX on Thursday, aiming to raise $400 million. The deal is expected to value the company at around $1 billion, making it the largest IPO on the exchange so far in 2026. It is set to surpass retailers SkinKandy and Koala as the biggest float of the year to date.

India’s National Financial Reporting Authority (NFRA) has confirmed it has launched a formal investigation into Rajesh Exports Ltd, after the Securities and Exchange Board of India (SEBI) issued an interim order alleging revenue misrepresentation of about Rs 15.15 lakh crore over five years. SEBI also alleged diversion of funds and gaps in disclosure related to subsidiaries, and barred the company and promoter Rajesh Mehta from accessing the securities market. The stock is down 47.25% year-to-date and fell a further 3.32% on the day.

Rashtriya Chemicals & Fertilizers’ board approved a plan on July 7, 2026 to raise up to Rs 1,500 crore through a further public offering via a fresh issue of shares. The proposal still requires approvals from shareholders, the Department of Fertilizers, the Government of India and DIPAM. Following the announcement, RCF shares rose nearly 3% to Rs 134.68. In its latest quarter, the company reported 49.5% year-on-year revenue growth and a 157.7% jump in net profit.