In today’s crypto news (July 15), Bitcoin is back to $65,000, moving an impressive +3.5% in the last 24 hours. At the time of writing, BTC USD sits just below $65,000, but if it can close above a 4-hour candle, a push towards $70,000 could be on the cards.
This Bitcoin movement comes as $181 million in inflows were recorded yesterday in various BTC ETFs. This trend of Bitcoin price action correlating with the direction of ETF flows continues. It’s worth keeping an eye on ETF performance for clues about where BTC is heading.
While the majority of the market is rising alongside Bitcoin, a few notable projects are in the red today. Bittensor (TAO) and World Liberty Fi (WLFI) are both down around -1%, while Ethereum (ETH) and Hyperliquid (HYPE) are each up around +5%.
The Fear and Greed Index has yet to respond to the market-wide rise, jumping just 3 points from yesterday to 25/100, still in “extreme fear” territory. If Bitcoin can hold around or above $65,000 for the rest of the week, there is a good chance the index will move into “Fear” territory.
Crypto News Today: JPMorgan highlights risk for Circle and Coinbase due to Hyperliquid’s rapid growth
JPMorgan revised its forecasts for Circle and Coinbase, saying their new deal with crypto trading platform Hyperliquid poses long-term risks to the USDC stablecoin economy. The bank says this arrangement will force the two companies to compete to increase token distribution.
Hyperliquid has become one of the largest distribution channels for USDC. Data from DefiLlama shows that the platform currently holds around $6 billion worth of stablecoins, representing around 8% of its total supply (73.15 billion tokens).
JPMorgan describes the deal as creating a classic “prisoner’s dilemma” in which Circle and Coinbase are incentivized to sacrifice some of their profitability to increase USDC’s market share.
Hyperliquide is recognized as the largest decentralized, perpetual futures exchange and is one of the fastest growing trading platforms in the cryptocurrency industry.
Its trading volume exceeded $150 billion in July and its share of Binance’s trading volume reached 11.5%. Analysts believe these numbers indicate that Hyperliquid continues to capture market share in crypto derivatives trading.
Under the new agreement, Coinbase will count USDC held on Hyperliquide as part of its ecosystem assets. Coinbase will retain the stablecoin’s reserve revenue and allocate 90% of that revenue to Hyperliquide.
JPMORGAN WARNS HYPERLIQUID THREATENS USDC ECONOMIC CIRCLE!
JPM analysts say Hyperliquid’s growing dominance and revamped Circle/Coinbase deal are creating a “prisoner’s dilemma,” putting pressure on USDC revenue sharing while the DEX holds about $6 billion (8% of supply), CoinDesk reports.
Bank… pic.twitter.com/AZQ09uuN97
— Crypto Banter (@crypto_banter) July 14, 2026
JPMORGAN WARNS HYPERLIQUID THREATENS USDC ECONOMIC CIRCLE!The European Central Bank selects 36 participants for its 2027 digital euro pilot project
In other crypto news today, the European Central Bank (ECB) has selected 36 payment companies and banks from across the Eurozone to participate in a 12-month digital euro pilot program. Testing is expected to begin in the second half of 2027, representing a new step in technical preparations for a possible retail central bank digital currency.
According to the ECB website, participants were selected from more than 50 applicants, including banks and non-bank payment service providers. The final list includes leading institutions such as Deutsche Bank, UniCredit and French group BPCE, as well as digital platforms such as Revolut Bank UAB, Stripe Technology and Adyen.
These participants will serve as digital distributors of euros and/or acquiring payment service providers. Distributors will provide Eurosystem staff with access to test accounts and payment services, while acquiring providers will help select businesses accept payments using the digital euro beta.
The ECB intends to use this beta version of the currency to test various aspects, including payment functionality, operational processes and user experience. The central bank and 19 national central banks in the euro area will be involved in the pilot project.
Participants will include Eurosystem staff, online retailers, cafes, restaurants and other businesses testing person-to-person transfers and payments to merchants. Transactions will take place both online and offline, including at physical points of sale.
The pilot project aims to help the ECB refine the technical architecture of the digital euro before making a final decision on its issuance. According to the project roadmap, the central bank hopes to be ready for a possible first issuance in 2029, subject to the adoption of the necessary legislation in 2026. The ECB will only make its final decision after the approval of this legislation.
The European digital euro pilot project welcomes its 36 companies
The @ecb has selected 36 payment providers for its digital euro pilot, from Deutsche Bank and UniCredit to Revolut and Stripe. The beta trial will run for 12 months starting in late 2027, with a potential release in 2029 if the legislation is passed.
Part… pic.twitter.com/mbgLGmUyKJ
– BSCN (@BSCNews) July 14, 2026
The article Crypto News Today (July 15): BTC Returns to $65,000, JPMorgan Signals Hyperliquid Risk and European Central Bank Intensifies Euro Digital Push appeared first on 99Bitcoins.
