Crypto News: Trump Pushes Clarity Act, BitMine Buys 27,801 ETH, and SBI Teams Up With Solana
Crypto didn’t really start this week well. Bitcoin price dipped below $63,000 again today, down roughly 1.8% to open the new trading week. Altcoins are “in the red” across the board, with Ethereum slipping below $1,800 and XRP trading near $1.08.
But there are definitely some positive crypto news items worth covering. Let me explain them.
What you'll learn 👉
Clarity Act Momentum Grows
Senator Cynthia Lummis tweeted her support for the Clarity Act, stating: “Millions of Americans already hold digital assets with no federal framework protecting them. The Clarity Act gives Americans the confidence and security they need to participate in our digital economy.”
Meanwhile, President Trump made a surprise statement urging the Senate to pass the Clarity Act in honor of the late Senator Lindsey Graham, calling the South Carolina Republican a “big supporter” of the legislation.
This is big crypto news because Trump has not been consistently vocal on crypto policy. His endorsement adds political weight to the bill. The Clarity Act passed the Senate Banking Committee in May and is now on the Senate calendar. The momentum is building.
🚨NEW: President Trump says the Senate should pass the Clarity Act in honor of Senator Lindsey Graham, saying the late South Carolina Republican was a “big supporter” of the legislation. https://t.co/M6ERKHuGNR
— Eleanor Terrett (@EleanorTerrett) July 13, 2026
Bitcoin Open Interest: A Key Indicator to Watch
Popular Bitcoin analyst Lucky tweeted that Bitcoin Open Interest has become one of the most important indicators to watch. Since 2023, BTC’s price and aggregate Open Interest have expanded together, reflecting growing participation in the derivatives market.
Historically, periods of rapidly rising Open Interest have preceded sharp moves in either direction as leverage builds across the market.
The attached chart shows Bitcoin’s price and Open Interest moving in tandem. The key question now: is this new capital supporting the next leg higher, or is leverage reaching unsustainable levels?
What this means: Rising Open Interest can be bullish if it signals new money entering the market. But it can also be bearish if leveraged longs get squeezed. The data is neutral – it depends on the direction of the breakout.
BitMine Buys 27,801 ETH, Holdings Reach 5.77M ETH
BitMine said it acquired 27,801 ETH over the past week, lifting total holdings to 5,770,038 ETH – roughly 4.8% of Ethereum’s total supply. The company has staked 4,917,189 ETH of that total.
As of July 12, BitMine also held $482 million in cash and marketable securities. Total crypto, cash, and other investments are valued at $11.3 billion.
This is a significant institutional vote of confidence in Ethereum. BitMine continues to accumulate despite the bear market.
BitMine Buys 27,801 ETH, Holdings Reach 5.77M ETH
— Wu Blockchain (@WuBlockchain) July 13, 2026
BitMine said it acquired 27,801 ETH over the past week, lifting total holdings to 5,770,038 ETH, or about 4.8% of Ethereum’s supply, and has staked 4,917,189 ETH. As of July 12, the company also held $482 million in cash and… pic.twitter.com/mPIsOLFZ9c
Strategy Sells $466.7M in MSTR Shares, Makes No Bitcoin Purchases
According to a July 13 SEC filing, Strategy sold 4.82 million MSTR shares for $466.7 million in net proceeds between July 6 and July 12. The company made no Bitcoin purchases during the week, leaving its holdings unchanged at 843,775 BTC.
Its USD reserve rose to $3.0 billion.
This is worth watching. Strategy has been a consistent Bitcoin buyer for years. A week with zero purchases is unusual. The company is sitting on cash instead of buying the dip.
Japanese Financial Giant SBI Teams Up With Solana
Japanese financial giant SBI Holdings and the Solana Foundation announced a strategic partnership to develop Japan-originated onchain financial markets.
As part of the initiative, Solana Foundation will join SBI R3 Japan, which is set to be renamed SBI Solana Global, alongside SBI and Sumitomo Mitsui Financial Group (SMFG) , one of Japan’s three megabanks.
The partnership will focus on:
- JPY stablecoins
- Tokenized real-world assets (RWAs) including bonds, funds, and real estate
- Cross-border payment infrastructure
- Institutional onchain financial services
SBI said the initiative aims to connect Japan’s regulated financial markets with global blockchain liquidity and position Japan as a hub for onchain finance in Asia.
This is a major institutional win for Solana. SBI is one of Japan’s largest financial groups. Bringing Solana into its ecosystem could drive significant adoption in the Japanese market.
Hyperliquid OI Tops $11B
Hyperliquid’s total open interest reached approximately $11.07 billion on July 13 – its highest level of 2026 – before easing to about $10.88 billion, according to DeFiLlama.
HIP-3 markets contributed roughly $3.69 billion , with RWA open interest hitting a new all-time high.
This shows that demand for leveraged trading on Hyperliquid is growing, particularly for real-world asset products.
Overall, the crypto news today is a mix of positive catalysts and ongoing market weakness.
The Clarity Act is gaining momentum with Trump’s endorsement. BitMine is buying Ethereum aggressively. SBI and Solana are partnering to build onchain finance in Japan. Hyperliquid’s OI is at 2026 highs.
But Bitcoin is still below $63,000. Strategy paused its buying. ETF inflows are still weak.
The positive news is building a foundation for a recovery. But the market is not there yet. The summer months are historically slow.
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