Live Feed

An anonymous whale identified as 0xc8b…48891 has opened a long position worth 31,968.24 SKHX, an SK Hynix stock token, on Hyperliquid using 4x leverage, according to monitoring by on-chain analytics platform ai_9684xtpa.

Binance announced the addition of 10 spot USDT trading pairs for stock tokens at 12:00 p.m. UTC on July 29: Apple (AAPLB), Applied Materials (AMATB), Amazon (AMZNB), Bloom Energy (BEB), Dell (DELLB), Fluence Energy (FLNCB), Goldman Sachs (GSB), PayPal (PYPLB), the VanEck Semiconductor ETF (SMHB), and the Direxion Semiconductor Bear 3X ETF (SOXSB).

Jurassic Finance, a real-world asset tokenization project, plans to tokenize Deaton, a Triceratops skull fossil, on Solana, BeInCrypto reported. Deaton has about 60% to 65% of its bone mass preserved. Jurassic Finance plans to set up a special purpose vehicle for each fossil and issue Solana Program Library standard tokens to give investors the entity’s economic and legal rights. Authenticity verification, storage and insurance will be handled off-chain, while only ownership records will remain on-chain. Jurassic Finance has been raising 660,000 USDC since July to fund the Deaton purchase. Of that amount, 600,000 USDC is allocated to seller escrow and 60,000 USDC to the RAWR treasury, the project’s native token. The total supply of Deaton tokens will be one million, with investors holding 95% and the RAWR treasury 5%. According to CoinMarketCap, RAWR was trading at $0.06446, up 136.38% over the past 24 hours.

Uniswap founder Hayden Adams pushed back against market FUD over the “fee switch” mechanism in version four, saying concerns that enabling protocol fees would reduce liquidity providers’ yields are misplaced. Adams said v4’s protocol fee structure is designed not to deduct from LPs’ existing fees, but to add a separate charge on top of existing revenue. As a result, even if protocol fees are introduced, the actual fee income earned by LPs would not decline at all, while v4’s architecture would expand LPs’ opportunities to generate returns.

Russia has issued an arrest warrant for Telegram founder Pavel Durov on charges of tolerating and supporting terrorism, Hankyung reported. Earlier, Durov, Telegram’s CEO, announced in English, "올여름 텔레그램 생태계에 역대 최대 규모의 비수탁형 암호화폐 월렛을 출시할 예정," and last month Telegram’s native layer-one blockchain, The Open Network, rebranded its native token from Toncoin (TON) to Gram (GRAM).

Citadel Securities raised the possibility of a 25-basis-point rate hike at the Federal Open Market Committee meeting on July 29, a move that could put short-term pressure on risk assets including Bitcoin if it lifts Treasury yields, CoinDesk reported. According to the outlet, Frank Flight, Citadel Securities’ head of macro strategy, argued Federal Reserve Chair Kevin Warsh could deliver a surprise hike at this meeting rather than in September, which he said could mark the end of the Fed’s practice of signaling policy shifts in advance. Flight added waiting until September would allow markets to already price in a hike, sharply weakening the effect of the policy signal, and said an earlier increase could also influence corporate pricing and wage negotiations, potentially avoiding greater tightening over the longer term. Still, market consensus, including Kraken economist Thomas Perfumo, expects rates to remain unchanged at this meeting. CME FedWatch showed the probability of a July rate hike had risen to 35.8%, but a hold remained the base-case scenario.

Binance announced it will temporarily suspend deposits and withdrawals on the BNB Smart Chain network as it conducts wallet maintenance tied to a network upgrade and hard fork, starting at 5:55 a.m. UTC on July 30.

Myanmar’s parliament has passed a bill aimed at preventing online fraud, allowing courts to impose sentences ranging from at least 10 years in prison to life imprisonment for cryptocurrency fraud and the operation of online scam rings, according to Cointelegraph. Yesterday, Myanmar’s Union Parliament gave final approval to the bill after reconciling details between versions passed separately by the upper and lower houses. The specific implementation date will be set after President Donald Trump signs off on the measure.

Bithumb to list RLUSD and AEON for won trading South Korean exchange Bithumb announced the addition of Ripple USD (RLUSD) for won trading at 7:30 a.m. UTC today and AEON for won trading at 9:00 a.m. UTC today.

Attorneys general from 44 U.S. states submitted a comment letter arguing the U.S. CFTC lacks authority over a proposed rule on sports-related prediction market contracts and should revise it entirely, CNBC reported. They argued the contracts are not derivatives but sports betting and gambling under state jurisdiction, and said the agency should make clear they are subject to state law rather than being allowed to trade on designated contract markets, or DCMs. Unlike the attorneys general who challenged the CFTC’s jurisdiction itself, CME Group took issue with the agency’s definition of "gaming," arguing the CFTC defined it as sporting events themselves rather than betting money on sports. CME Group said that definition would give the Commodity Exchange Act priority over state sports regulation and expand the agency’s authority too far. The CFTC and prediction market platforms, meanwhile, maintain all event contracts are derivatives under the CFTC’s jurisdiction. The CFTC is currently in litigation with nine U.S. states over its authority to regulate prediction markets, while courts in states including Michigan and Minnesota have issued conflicting rulings on whether such markets should be allowed.

Spot CVD chart at 2:00 p.m. UTC on July 29 Spot CVD is an order-book analysis chart for the BTC/USDT spot trading pair. The upper panel shows a volume heatmap, while the lower panel shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance. - The cumulative volume delta indicator shows buy and sell orders by order size. As buy orders increase, the line for the corresponding color rises. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.

Selini Capital-linked address deposits $26.8M in HYPE to OKX

Spot SOL and HYPE ETFs see net outflows, while XRP ETFs show no flows Spot exchange-traded funds tied to Solana and Hyperliquid posted net outflows on July 28, while spot XRP ETFs recorded no inflows or outflows. - SOL: -$18.10 million - HYPE: -$1.20 million

Rising funding rates in BTC perpetual futures have historically preceded rallies, analyst says Crypto analyst Darkfost said funding rates in the Bitcoin perpetual futures market are trending higher even as bearish sentiment persists in the broader market, describing it as a pattern seen before major upward moves in the past. Darkfost said the divergence between market pessimism and rising funding rates has appeared several times in recent years as a leading bullish signal. After the pattern emerged in September 2024, Bitcoin rose from $54,000 to $106,000, while a similar setup was also seen at the cycle bottom in December 2022.

Robinhood Chain’s stock-token decentralized exchange volume averaged $29.7 million a day over the past seven days, surpassing the combined volume of two Solana-based stock-token trading platforms, The Defiant reported. According to Dune data, Kraken affiliate xStocks posted $11.1 million over the period, while Backpack’s Sunrise recorded $13.4 million. The increase in Robinhood Chain volume came after automated trading agent Bankr and token launchpad long.xyz introduced a memecoin issuance feature that uses stock tokens as liquidity pairs. As memecoin trading takes place, stock tokens deposited in liquidity pools are also counted toward trading volume. Meanwhile, Binance’s BNB Chain-based Bstocks, which currently handles the largest stock-token trading volume in the market, recorded average daily DEX volume of $676.8 million, more than 20 times Robinhood Chain’s level.

Upbit announced the addition of MetaDAO (META2) for trading in KRW, BTC and USDT at 7:30 a.m. UTC today.

The KOSPI extended its sharp decline and fell back below the 5,500 level, trading at 5,425.3, down 9.93% from yesterday. The benchmark index has fallen below 5,500 for the first time since April 7, ending an about 80-session stretch above that level.

ARK Invest crypto research director Lorenzo Valente said the crypto industry is undergoing a deeper shakeout than in past bear markets and is likely to see more mergers and acquisitions, bankruptcy filings and project shutdowns in the coming months. In a post on X, Valente said projects and exchanges lacking product-market fit are being pushed out of the market, while capital is concentrating in a small number of major projects.

U.S. spot Ethereum ETFs recorded about $9.4 million in net inflows on July 28, according to Farside Investors, marking a second straight trading day of net inflows. - BlackRock ETHA: +$3.5 million - BlackRock staking ETHB: +$5.9 million

U.S. spot Bitcoin ETFs saw net outflows of about $49.7 million on July 28, marking a fourth straight trading day of net outflows, according to Farside Investors. - BlackRock IBIT: -$54.8 million - Grayscale Mini BTC: +$5.1 million

24-hour crypto futures liquidations The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $51.89 million liquidated (60.34% longs) - ETH: $63.46 million liquidated (50.83% longs) - SKHYNIX: $18.73 million liquidated (94.49% longs)

South Korea’s Korea Exchange triggered a circuit breaker after the KOSPI and KOSDAQ each fell more than 8%. It marked the second straight day of activation and the first time circuit breakers have been triggered for two consecutive days in both markets. A circuit breaker is a mechanism that temporarily halts trading when the KOSPI or KOSDAQ drops sharply, with three stages in total. A first-stage circuit breaker is triggered when losses of 8% or more persist for one minute, suspending trading for about 20 minutes.

Pendle says cumulative buybacks of its PENDLE token have topped $3 million. The DeFi yield protocol said on its official X account that more than 100 million PENDLE had been staked within six and a half months of the launch of PENDLE staking, equal to 36% of total supply. Pendle added that it has distributed a cumulative $5.12 million in rewards and airdrops to stakers, while new PENDLE issuance has continued to decline and hit a record low.

South Korea’s deputy prime minister and finance minister Koo Yun-cheol said virtual asset taxation is being pushed ahead as scheduled for next year, according to News1. Koo made the remarks on July 29 while appearing before the National Assembly’s finance and economy committee, after People Power Party lawmaker Kim Sang-hoon asked whether an extension of the tax deferral was needed. Responding to Kim’s point that major advanced economies treat virtual assets as capital gains and allow loss carryforwards, Koo said stock investments also do not currently allow carryforwards. Koo added that virtual assets are classified as other income and already receive certain benefits, and said the government would be willing to review the issue if needed after the tax takes effect.

Uncertainty remains high over South Korea’s proposed Digital Asset Basic Act even as the National Assembly’s National Policy Committee resumes full operations and is set to hold a Financial Services Commission briefing and pending-issues questioning today, Newdaily Economy reported. A total of 10 related bills sponsored separately by lawmakers from the Democratic Party and the People Power Party are pending in the National Assembly. While lawmakers’ proposals covering issuance, distribution, disclosures and business regulation have accumulated, the Financial Services Commission has yet to unveil a government bill that would unify them into a single framework. An industry official said repeated debate over the same issues is likely unless the government sets out its principles on stablecoin issuers and rules on exchange ownership stakes, according to the outlet.