According to BlockBeats, on July 10, as monitored by Onchain Lens, BlackRock transferred approximately 8,700 ETH from its Ethereum spot ETF linked wallet to Coinbase Prime, equivalent to approximately $15.81 million at current prices.

According to BlockBeats, on July 10, Israel indicated to the United States its willingness to participate in further US military action against Iran, and is currently awaiting a decision from US President Trump. The report states that Israel believes a new round of military conflict between the US and Iran could continue for several more days. Currently, the Israeli Air Force, air defense, and intelligence departments are on high alert, and the Israeli military is maintaining close coordination with the US military. (CCTV)

According to BlockBeats, on July 10, the board of directors of Cango Inc. (NYSE: CANG), a NYSE-listed Bitcoin mining company, will implement a 10-for-1 stock consolidation based on the authorization of the extraordinary general meeting of shareholders on June 24. All issued and outstanding Class A and Class B ordinary shares will be consolidated into 10 shares for every 10 shares held, with no change to shares of the same class.

The merger will become effective at 5:00 p.m. ET on July 20, 2026. Class A common stock is expected to trade on the post-merger basis from the opening of the New York Stock Exchange on July 21, with the ticker symbol "CANG" remaining in effect, and the CUSIP updated to G1820C 110. The total authorized share capital after the merger will remain at $100,000, comprising 100 million common shares with a par value of $0.001 per share. No fractional shares will be issued; fractional shares will be discarded and returned as authorized unissued shares of the company, with holders receiving no consideration.

According to BlockBeats, on July 10, QCP Capital released a new report stating that the decline in Japanese government bond yields eased market concerns about the unwinding of yen carry trades and capital repatriation, driving Bitcoin to rebound to around $64,000.

Despite continued pressure on risk assets from Middle East geopolitical risks, a stronger dollar, and the Federal Reserve's hawkish stance, Bitcoin has shown some resilience in the $60,000 range. The report suggests that future price movements will primarily depend on global liquidity conditions, US inflation data, and the outcome of the Bank of Japan's month-end meeting.