BTC/USD $68,420 +2.8%
ETH/USD $3,540 +1.4%
SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
BTC/USD $68,420 +2.8%
ETH/USD $3,540 +1.4%
SOL/USD $142.80 -0.6%
BNB/USD $605.20 +0.9%
XRP/USD $0.62 -1.2%
DOGE/USD $0.18 +5.4%
Altcoins

Crypto News Today (July 11): Bitcoin Holds $64K, Etheruem Co-Founder Backs CLARITY Act, Robinhood Chain Threatens Solana

Bitcoin and Ethereum prices are holding steady as we head into the weekend. BTC trades near $64,000, while Ethereum holds close to $1,800. Crypto news today, on July 11, is mostly solid. ETF

AnonymousCryptoCompass newsroom
July 11, 2026
6 min read
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Crypto News Today (July 11): Bitcoin Holds $64K, Etheruem Co-Founder Backs CLARITY Act, Robinhood Chain Threatens Solana
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Bitcoin and Ethereum prices are holding steady as we head into the weekend. BTC trades near $64,000, while Ethereum holds close to $1,800. Crypto news today, on July 11, is mostly solid. ETF inflows have returned, regulatory momentum continues to build, and major corporations are testing blockchain infrastructure for real-world use cases.

Let’s dig into the main crypto news that are driving the market today.

ETF Inflows Return: Bitcoin and Ethereum See Green

U.S. spot Bitcoin ETFs recorded total net inflows of $90.44 million on July 10, according to SoSoValue data. U.S. spot Ethereum ETFs added $18.43 million on the same day. The inflows mark a positive shift after weeks of outflows and suggest that institutional appetite may be returning.

Source: SoSoValue

The total net asset value of Bitcoin ETFs now stands at roughly $63.46 billion, while Ethereum ETFs hold about $19.66 billion in net assets. The inflow streak had been broken for 16 straight days, but these July inflows indicate a stabilization in sentiment.

Joseph Lubin: CLARITY Act Will “Supercharge” the Economy

Ethereum co-founder Joseph Lubin weighed in on the CLARITY Act. He agreed with Chairman Selig that this is not just about crypto. Lubin said: “This is about the shape and growth of the American and global economy and society. This is as important for America as internet and web-enabling legislation was. CLARITY Act will usher in a paradigm shift that will supercharge the global AI+decentralized protocols economy to the direct benefit of people, communities and companies of all sizes.

This is about increasing the levels and breadth of financial agency and sovereignty of everyone and every org.”

His comments show the growing consensus among industry leaders that the CLARITY Act is a generational opportunity for the US to cement its leadership in blockchain technology. The bill would establish clear rules for digital assets, potentially unlocking massive institutional capital and accelerating innovation in DeFi and AI.

Hyundai Motor Completes USDT Pilot on Avalanche

South Korea’s largest automaker, Hyundai Motor, became the country’s first major company to use blockchain for real-time internal cross-border treasury transfers. The company completed a $20,000 USDT stablecoin pilot from its U.S. entity to its Mexico entity on Avalanche, cutting settlement time from several hours through traditional banking rails to about seven minutes. Hyundai plans to expand the mechanism to more countries and local currencies, and will launch a second pilot for its European subsidiaries later this month with Circle and Visa.

This is a significant milestone for enterprise blockchain adoption. Hyundai is a global industrial giant. Its decision to use stablecoins and Avalanche for treasury operations validates the efficiency gains of blockchain-based settlement.

Sui Hits 6M TPS, But Sui Spheres Is the Real Catalyst

Sui just hit 6 million transactions per second on mainnet stress testing; 92x Visa’s peak capacity. The chain currently uses less than 0.1% of that throughput. $1.5 billion in TVL, no congestion, no fee spikes, no users being turned away. They built a 100-lane highway for a country road’s worth of traffic.

The actual catalyst is not the TPS number. It is Sui Spheres, a privacy layer letting institutions run confidential workflows that settle publicly. If 2-3 custody providers or asset managers pilot Spheres for tokenized securities this year, the narrative flips from “ghost chain” to settlement infrastructure. But token unlocks run through 2030, and demand growth has to outpace dilution every single quarter. This is a 12-18 month thesis with a built-in clock working against it.

Metaplanet Eyes Bitcoin-Backed Digital Credit

Japan’s “MicroStrategy” Metaplanet announced a feasibility study with JPYC, Progmat, and its securities subsidiary to explore Bitcoin-backed digital credit products. The initiative aims to combine BTC collateral, stablecoins, and tokenization infrastructure for 24/7 issuance, settlement, and interest payments.

No issuance details have been finalized. The move signals growing interest in using Bitcoin as collateral for credit products outside the US.

Read more Bitcoin news: Bitcoin Price Flashes Every Bottom Signal, Except One Thing Is Missing

Robinhood Chain vs. Solana: A Liquidity Change

Robinhood Chain did $1 billion in DEX volume in 48 hours and captured over 50% of Solana’s daily DEX volume. Solana hit 2026 volume lows the same day, July 9. Negative sentiment is at yearly highs.

The 48-hour number does not mean much in isolation. Blast did $2.9 billion TVL at launch and bled 70% in 90 days. The number that decides whether Solana’s liquidity drain is permanent is $400 million+ daily volume on Robinhood Chain by August 10. If it holds, the fragmentation is structural and SOL loses the “fast cheap chain for degens” narrative to an Ethereum L2 backed by 24 million funded brokerage accounts who never wanted to download Phantom in the first place.

My Honest Opinion on Crypto News Today

All in all, crypto news today is a mix of positive fundamentals and structural shifts. ETF inflows have returned. Joseph Lubin is calling the CLARITY Act a paradigm shift. Hyundai is using Avalanche for treasury transfers. Sui is stress-testing at 6M TPS.

Robinhood Chain is challenging Solana’s dominance. Bitcoin and Ethereum remain stable, and the market is watching for the next catalyst. There are also some interesting XRP price news developments, but we will cover those in a separate article.

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The post Crypto News Today (July 11): Bitcoin Holds $64K, Etheruem Co-Founder Backs CLARITY Act, Robinhood Chain Threatens Solana appeared first on CaptainAltcoin.