Brian Armstrong changed his profile picture to a 3D Hoodie CryptoPunk after criticism that his prior image was not an authentic Punk. Recent reactions largely praised the switch and framed it as support for NFT culture.

Bitcoin bounced toward $64,000, with traders saying a sustained hold could open a move toward $65,700. Sentiment remains cautious amid claims the weekend rise is futures-driven, weak spot demand and expectations of another leg down.

U.S. spot Bitcoin ETFs recorded $132.3 million in net inflows on July 17, with BlackRock’s IBIT bringing in $136.5 million while Fidelity’s FBTC lost $4.2 million. Despite the rebound, a $440 million outflow earlier in the week reportedly left weekly flows negative.

FTX plans a roughly $900 million distribution on July 31 to eligible Convenience and Non-Convenience Class creditors who completed required steps.

Traders report that Solana memecoin Jimothy The Raccoon surged from a valuation below $100,000 to roughly $22.6 million in a day, prompting celebrations over outsized returns and regret over early sales.

The CLARITY Act has cleared the House and Senate Banking Committee, but no Senate floor vote is scheduled. Negotiations remain stalled over crypto ethics language, with no Democrats reportedly supporting the latest draft.

CASHCAT holders are divided, with some speculating that Vlad Tenev is monitoring the token and could support it while others cite steep round-trip losses and declare the trade over. Robinhood-listing hopes remain unsupported speculation.