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The Block - 2026-07-14

8 items collected.


1. Ethereum Foundation privacy team spins out as for-profit EthSystems to serve institutions with Lubin, Bitmine backing

Author: Daniel Kuhn
Published: 7/14/2026, 8:56:51 PM
Categories: Companies, Corporate NFTs, Crypto Ecosystems, Layer 1s, Markets, Metaverse & NFT, People, Policy, Token Projects, Ethereum, Joe Lubin, Mainstreaming

The startup will build tech and provide consulting to help institutions operate on Ethereum while maintaining confidentiality.

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2. CFTC orders Kalshi to honor Michigan trades, escalating clash with state regulators

Author: RT Watson
Published: 7/14/2026, 7:08:00 PM
Categories: Companies, Policy, Regulation, CFTC

Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.

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3. US-UK transatlantic taskforce unveils digital asset roadmap promoting stablecoin innovation

Author: Sarah Wynn
Published: 7/14/2026, 5:59:25 PM
Categories: Crypto Ecosystems, DeFi, Policy, Regulation, U.S. Policymaking, FCA, Treasury Department

The U.S. and UK are deepening cooperation on digital assets, particularly for stablecoins and tokenized assets.

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4. CoinFund’s David Pakman says crypto hasn’t solved tokenomics

Author: RT Watson
Published: 7/14/2026, 5:32:08 PM
Categories: Companies, Crypto Ecosystems, DeFi, Governance, Markets, Token Projects, Tokens

During an interview on The Starting Block David Pakman suggested projects could pay contributors in stablecoins.

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5. Wall Street turns cautious on Circle as analysts warn USDC economics face mounting pressure

Author: Kyle Baird
Published: 7/14/2026, 5:14:47 PM
Categories: Companies, Crypto Ecosystems, Equities, Finance firms, Markets, Stablecoins, Token Projects, Analyst Reports, JPMorgan, USDC

Mizuho downgraded the stock and JPMorgan lowered earnings estimates, citing concerns that USDC is coming under pressure.

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6. Bitcoin mining production slips in June for CleanSpark, BitFuFu and Canaan

Author: Kyle Baird
Published: 7/14/2026, 3:46:24 PM
Categories: Companies, Crypto Ecosystems, Crypto Infrastructure, Infrastructure, Layer 1s, Markets, Token Projects, Bitcoin, Mining, Mining Companies

CleanSpark, BitFuFu and Canaan reported lower bitcoin production in June despite mining difficulty dropping more than 10%.

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7. Galaxy blends Aave, Morpho and other DeFi rates in new GOFR crypto borrowing product

Author: Daniel Kuhn
Published: 7/14/2026, 3:33:49 PM
Categories: Companies, Crypto Ecosystems, DeFi, Finance firms, Aave, Crypto Banks and Lenders, Lending

Galaxy will act as the sole intermediary between the accredited borrowers and the blockchain-based lending protocols.

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8. ‘Soft print, hard regime’: Bitcoin climbs toward $64,000 as June CPI falls 0.4% in largest monthly drop since 2020

Author: Naga Avan-Nomayo
Published: 7/14/2026, 3:27:07 PM
Categories: Crypto Ecosystems, Layer 1s, Macro, Markets, Token Projects, Bitcoin, Economic Indicators

June CPI fell 0.4% and core held at 2.6% annually, lifting BTC toward $64,000 as analysts flip from fears to a summer recovery case.

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