Happy Friday!

Bitcoin has traded in the $60,000 to $70,000 range for an agonizing 307 days. This is the longest bear market bottom in history. When will it end?

CRCL surged 12% upon market opening after the company gained a significant regulatory approval stamp: here’s what it means for Circle.

Plus, broad indexes are chopping. Leadership is shifting. Benzinga’s ranking system isolates the small number of stocks gaining strength beneath the surface, even as volatility shakes out weaker names. Edge members can see exactly which sectors and tickers are rising now.

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TOP STORY

Bitcoin Has Not Left the $60,000-$70,000 Range in 307 Days: What Is Happening?

Bitcoin has been locked in a tight consolidation between $60,000 and $70,000 for a historic 307 days—the third-longest $10,000 price-band squeeze in crypto history.

This critical floor is being fiercely defended by bulls.

Glassnode data reveals that 6% of the circulating supply last changed hands in the $58,000 to $64,000 accumulation cluster, sitting right where the vital 200-week moving average of $62,873 acts as a structural backstop.

While the prolonged chop has sidelined impatient capital, CryptoQuant CEO Ki Young Ju argues the setup is healthy…

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See the Top Ranked Stocks Built to Outperform in Volatility

Broad indexes are chopping. Leadership is shifting. Benzinga’s ranking system isolates the small number of stocks gaining strength beneath the surface, even as volatility shakes out weaker names. Edge members can see exactly which sectors and tickers are rising now.

MARKET MINUTES

Grant Cardone is bullish on Bitcoin and bullish on real estate. So what would make more sense than trying to combine the two?

Bitcoin, Ethereum, XRP had a pretty bad Q2. The fate of Q3 will be determined by mostly one factor, according to Bitwise: here’s what it is.

Anthony Scaramucci revealed his model portfolio and here’s what’s in it: 30% Bitcoin, some gold, and some ‘bets on the long term of the US’.

FINTECH FOCUS

CRCL Surges 12% on Regulatory Approval by OCC: Here's What It Means for Circle

Circle surged 12% in premarket trading today after securing final OCC approval to launch Circle National Trust.

That places the Circle under direct federal bank oversight and USDC reserve management will migrate under the same regulatory framework as traditional national banks.

CEO Jeremy Allaire called it a defining step toward embedding blockchain into the core of the U.S. financial system.

The timing was interesting as Cathie Wood's ARK Invest bought $13.7 million in CRCL shares the day before the announcement while dumping $9.8 million in Robinhood…

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