Bitcoin & Macro Shock: US-Iran escalation and a strike on Iran’s desalination plant sparked a crypto risk-off move, pushing major liquidations and weighing on BTC. ETF Flows: Spot Bitcoin ETFs logged record-style inflows (about $2.1B net), adding fuel to the rebound narrative. Price Watch: BTC pushed toward the mid-$60Ks as traders digested softer inflation hopes and shifting risk sentiment. Regulation Clock: The US GENIUS Act stablecoin rules hit a July 18 deadline miss, leaving key details unfinished for issuers ahead of January 2027. US Policy Push: Lawmakers renewed momentum for the CLARITY Act to replace enforcement-by-surprise with clearer SEC/CFTC lines. FTX Payouts: FTX Recovery Trust is set for a fifth creditor distribution around $900M on July 31, with recoveries reportedly exceeding original claims for many. Scam & Crime: A Florida student was arrested for Steam-hosted malware that stole crypto wallet access; meanwhile, multiple fraud cases across regions show scammers still pivot to crypto fast. On-Chain/Market Ops: Cloudflare says bots (including agentic AI) now outnumber humans online—an issue for trading platforms and infrastructure. Politics Meets Crypto: A Florida governor candidate accepted crypto contributions, while US disclosures spotlight crypto-linked political fortunes.