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Coin Mornings
Your daily crypto, before coffee.
Issue #27 · Thursday, July 9, 2026
Market mood  Extreme Fear · 22/100  ▲ from 20 yesterday
Bitcoin and Ether moved modestly higher today as major financial institutions advance blockchain infrastructure projects despite extreme market fear.
 
 

  The Numbers

Bitcoin (BTC)$62,640  +1.0%
+2.5% this week
Ethereum (ETH)$1,741  +0.3%
+6.0% this week
Total crypto market$2.24T  +0.3%
BTC dominance 56.1% · BTC 50% below its all-time high

  The Movers

Top gainers (24h)

ARB Arbitrum+13.7%
LIT Lighter+9.1%
SKY Sky+7.9%
VVV Venice Token+7.7%

Top losers (24h)

M MemeCore-13.6%
PI Pi Network-4.0%
JUP Jupiter-2.8%
RAIN Rain-1.7%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin is trading below both its 50-day ($65.6K) and 200-day ($74.2K) averages — the longer-term trend reads as down. Over the past 30 days it has traded between $58.6K and $66.3K; today's price sits in the middle third of that range. RSI(14) is 64 — momentum reads as firm.

See all nine coins on the daily markets page →

  The Brief

 Sony Bank gets US approval to issue stablecoins

Sony Bank received preliminary OCC approval to launch a US stablecoin business through a new subsidiary, Connectia Trust, with $40 million in starting capital. This marks a major financial institution entering regulated stablecoin issuance. (Cointelegraph)

 Swift launches blockchain platform for 17 global banks

HSBC, UBS, Wells Fargo, and Citi are among 17 major banks now piloting tokenized asset transactions on Swift's new blockchain payments infrastructure for around-the-clock settlement. (CoinDesk)

 Interpol uncovers $122M crypto wallet in romance scam network

Interpol's operation exposed a suspect's cryptocurrency wallet that processed $122.5 million in illicit funds over 10 months, resulting in 5,811 arrests in a global anti-fraud crackdown. (Cointelegraph)

 BitGo adds quantum-resistant security to institutional Bitcoin wallets

BitGo introduced quantum protection technology for institutional Bitcoin storage, addressing long-term security concerns as quantum computing capabilities advance. (The Block)

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Crypto 101

What is a private key?

A long secret number that controls a crypto address. Anyone who has it can spend the funds, and there is no "forgot password" — which is why backups matter so much.

“A written plan beats a gut feeling at 3 a.m.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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