Source Pack

July 19 source pack.

External sources and internal reader routes behind today's update. Use this page to verify claims before sharing or acting.

External Sources

Today's source trail.

CoinDesk news analysis

Tether's USDT enters the GENIUS Act countdown

The first anniversary of the U.S. stablecoin law leaves non-U.S. issuers with a narrowing compliance path and unresolved rulemaking questions.

Open source
CoinDesk business

Kraken launches USD-settled BTC and ETH options

Kraken is starting with RFQ-based European-style contracts and framing simpler cash settlement as a way to widen crypto options participation.

Open source
CoinDesk tech

Bitcoin quantum recovery work gets a zero-knowledge proof route

Project Eleven says wallet derivation proofs could help owners recover coins affected by future quantum-vulnerability freezes, though the work remains unaudited and politically difficult.

Open source
CoinDesk tech

Zcash's Zakura node targets payment-scale privacy

The new Zcash node aims to shrink sync burden and support the path toward far higher private-payment throughput ahead of client and network changes.

Open source
CoinDesk policy

France orders internet providers to block Polymarket

The French gambling regulator treated the prediction market as unauthorized gambling, citing user bypasses, real-time odds, and consumer-protection gaps.

Open source
CoinDesk tech

DOG Mode reopens Bitcoin relay-policy governance

The alternative client challenges default relay settings without changing consensus rules, keeping Ordinals, fees, mempool fragmentation, and miner access in focus.

Open source
CoinDesk markets

$2.5B in bitcoin call spreads targets $72K by month-end

Large Deribit flow frames the July 31 settlement and the July 29 Fed decision as a visible options-market catalyst window.

Open source
CoinDesk business

Brazil Pix pressure intersects with dollar stablecoin usage

A U.S. tariff action against Brazil's instant-payment system arrives while dollar stablecoins already dominate local crypto transaction volume.

Open source
CoinDesk finance

Digital-wallet banking thesis keeps stablecoins in the money lane

Crypto and banking executives increasingly describe wallets, stablecoins, tokenized deposits, and super apps as one financial surface for younger users.

Open source
CoinDesk web3

DeFi liquidity research finds capital sitting outside active ranges

Dune research commissioned by 1inch estimated that out-of-range liquidity on major DEXs leaves fees and market depth unused.

Open source
CoinDesk / The Block live tapes

BTC and ETH market context stays constructive but range-bound

CoinDesk and The Block live tapes placed BTC around the mid-$64K area and ETH around the high-$1.8K area during the July 19 check.

Open source
Bitcoin Core

Bitcoin Core remains the maintenance source floor

Software-release routes stay in the pack so readers separate market headlines from protocol maintenance and node safety.

Open source