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Storj said on its official X account that it has filed for Chapter 11 bankruptcy protection in a U.S. court. The company said the filing is intended to address existing debt issues while allowing the business to continue operating. Once the reorganization process is completed, Storj said the entity is expected to be restructured into a jointly owned model involving management, the community, STORJ holders and investors. Storj, founded in 2014, operates a cloud storage network. Other crypto-related companies that have entered bankruptcy proceedings this year include MOVE developer Movement Labs, Bitcoin ATM operator Bitcoin Depot (BTM), crypto lending platform Blockfills and stablecoin operator Archblock.

CoinMarketCap’s Altcoin Season Index stood at 51. The index compares price performance between Bitcoin and the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. An altcoin season is identified when 75% of the top 100 coins outperform Bitcoin over the past 90 days, while the opposite is considered a Bitcoin season. A reading closer to 100 indicates a stronger altcoin season.

Major meme coins including Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) moved higher, pushing the total meme coin market capitalization up about 2.56% over the past 24 hours to $23.73 billion. According to CoinMarketCap data, SHIB has risen about 28% over the past seven days. U.Today said Shiba Inu's trading volume hit its highest level in months, while the price moved above its 50-day and 100-day moving averages and is now set to test its 200-day moving average. The outlet added SHIB's relative strength index, or RSI, is above 80, indicating the possibility of a short-term pullback. According to CoinMarketCap, SHIB was trading at $0.000005347, up about 8.90% over the past 24 hours.

Coupang and Woori Bank have completed a technical verification test using a won-denominated stablecoin to settle Coupang Eats payment proceeds with merchants in real time, laying the groundwork for commercialization after related legislation is put in place, CoinReaders reported. The test implemented a process in which, after a Coupang Eats order payment was completed, the funds were transferred and settled to a merchant’s electronic wallet through stablecoins. Woori Bank handled the on- and off-ramp system linking electronic wallets and bank accounts to enable conversions between stablecoins and fiat currency.

POSCO International announced it has begun a proof of concept with LG CNS to digitize global trade finance operations using the Injective (INJ) network. The two companies are using real trade data to implement the full process on blockchain, from receivables issuance to settlement, to verify efficiency, and they plan to complete the pilot by the end of this year before expanding its application to actual business systems.

The key global macro events for the fifth week of July are as follows. All times have been converted to UTC. - July 29, 6:00 p.m. UTC: U.S. Federal Open Market Committee (FOMC) interest rate decision - July 29, 6:30 p.m. UTC: FOMC press conference - July 30, 12:30 p.m. UTC: U.S. June core personal consumption expenditures (PCE) and second-quarter GDP advance reading - July 31, 3:00 a.m. UTC: Bank of Japan interest rate decision

WEMIX announced that a compromise of administrator privileges for the WEMIX Dollar stablecoin contract led to the abnormal issuance of about 5.22 million WEMIX$, along with the outflow of about 30,000 WEMIX and 720,000 USDC.e. The abnormal transactions were found to have occurred at around 9:17 a.m. UTC on July 26. The WEMIX team has blocked WEMIX 3.0’s internal and external bridges, temporarily suspended liquidity pool trading, and preemptively withdrew foundation-supplied liquidity in response. As a result, Wemixfi’s total value locked fell 66%.

Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper section shows the volume heatmap, while the lower section shows cumulative volume delta, or CVD. - The volume heatmap in the upper section tracks trading volume at each price level, and the background color becomes brighter when the price stays in a specific range for a long time or moves sharply. Areas closer to brighter colors may act as support or resistance. - The cumulative volume delta indicator in the lower section shows buy and sell orders by fund size, and the line in each color rises as buy orders increase. The yellow line represents orders between $100 and $1,000, while the brown line represents large orders between $1 million and $10 million.

CoinMarketCap’s in-house crypto fear and greed index rose two points from yesterday to 38, remaining in fear territory. The index indicates extreme fear as it moves closer to zero and extreme optimism as it approaches 100. CoinMarketCap calculates the index based on price moves among the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market indicators such as put/call ratios, the stablecoin supply ratio, or SSR, and CoinMarketCap’s own search data.

According to Polymarket data, the probability that the United States and Iran will agree to a ceasefire by Aug. 31 stood at 70%. Earlier, U.S. President Donald Trump said at a White House Correspondents' Association dinner on July 24 that everything was going smoothly in relation to the Iran war and urged people not to believe "fake news."

Crypto advocacy group Stand With Crypto said on X that supporters delivered around one million messages to the U.S. Congress urging passage of the CLARITY Act. Related to that effort, Coinbase CEO Brian Armstrong said supporters' voices were producing results and the bill was now at the one-yard line, adding that 100 days remained until the midterm elections and urging backers to make a final push.

Spot trading volume on major centralized exchanges has fallen 74% since August last year, Cointelegraph reported, citing Artemis data. Binance still accounted for the largest share of volume, followed by Coinbase, Bybit and Gate. Smaller and mid-sized exchanges, by contrast, saw relatively steeper declines in trading volume.

Strategy founder Michael Saylor posted a SaylorTracker chart on X last night, signaling a potential BTC purchase. He also added the comment, "We're gonna need another color." Saylor has previously shown a pattern of posting similar messages before making additional BTC purchases.

According to CoinNess market monitoring, BTC has risen above $65,000. BTC is trading at $65,063.05 on the Binance USDT market.

We provide real-time cryptocurrency investment updates 24 hours a day from 10:00 p.m. UTC on Sunday through 3:00 p.m. UTC on Saturday. Between 3:00 p.m. UTC on Saturday and 10:00 p.m. UTC on Sunday, investment updates are provided only in the event of major market-moving developments. Note: Overseas economic breaking news on the CoinNess Live app and CoinNess web service remains available continuously.

According to CoinGlass data, Coinbase’s Bitcoin premium index has remained in negative territory for 67 consecutive days from May 19 through today. The latest recorded reading was -0.0884%.

XRP Ledger attracted $2.6 billion in new real-world asset inflows over the past six months, excluding stablecoins, marking the second-largest total in that period behind BNB Chain’s $3 billion, The Crypto Basic reported, citing data from RWA tracking platform RWA.xyz. The data showed Ethereum remained the largest blockchain by total RWA value, but drew just $424 million in new inflows over the same period. Following the recent inflows, XRPL’s total RWA assets reached $4.38 billion, making it the sixth-largest RWA blockchain.

Bitcoin supply held by long-term holders has reached a record high, according to a CoinNess analysis of Fidelity Digital Assets data. About 15 million BTC has not moved for at least 155 days, and 40% of those holdings are currently at an unrealized loss. According to BeInCrypto, Fidelity Digital Assets research analyst Zack Wainwright said long-term holders are one of the clearest indicators of investor conviction, and added the data is nearing levels similar to on-chain signals seen near the bottoms of past market cycles.

Wall Street capital appears to be moving out of the HYPE ETF and into spot Ethereum ETFs, which have posted net inflows for three straight weeks, according to a BeInCrypto analysis. The outlet said Ethereum saw net inflows of $84 million, $105 million and $103.9 million over the past three weeks, while Hyperliquid posted net outflows for two consecutive weeks. It added that the HYPE ETF’s weekly trading volume fell to $62.7 million, the lowest level since its May launch. BeInCrypto said institutional money is currently flowing into ETH more actively than BTC, while inflows into major altcoin ETFs such as XRP and SOL remain limited. It added, "HYPE ETF" is the only one seeing money leave, which suggests weakening investor sentiment.

The latest draft of the CLARITY bill includes a provision for an incentive program for white-hat hackers and security researchers, Bitcoin News reported. The outlet added that the provision calls for a program to formally encourage and reward their work, with the aim of strengthening protection for digital asset infrastructure by offering compensation for public-interest activities such as identifying vulnerabilities, providing information that helps track hackers and supporting the recovery of stolen assets.

The hacker behind the AFX Trader exploit swapped 655.4 ETH for 18.86 BTC through THORChain, EmberCN reported. On July 23, the Arbitrum-based protocol AFX Trader lost $24.15 million in USDC in a bridge hack, and the attacker later swapped those funds into 12,467.4 ETH. AFX had also proposed a white-hat negotiation under which the hacker could legally keep the remaining 30% of the stolen funds in exchange for returning 70% of the assets.

Robinhood Chain’s stock-token assets have surpassed $70 million, CoinDesk reported. According to the report, daily trading volume across 12 tokenized stocks has topped $500,000, with five names posting more than $1 million each, including GameStop at $26.6 million, Nvidia at $14 million, and SpaceX at $6.4 million. Separately, DefiLlama data showed Robinhood Chain generated $350,000 in network fees over the past 24 hours, ranking fourth among all blockchains. Its total value locked stands at around $315 million, up about threefold since mid-July.

Chinese regulators in Shenzhen have identified and shut down multiple self-media accounts for violating rules related to virtual assets, according to China’s People’s Daily. The report said several government bodies, including the Shenzhen branch of the People’s Bank of China, the Shenzhen Securities Regulatory Bureau, the Shenzhen Cyberspace Administration Office, and the Shenzhen Local Financial Administration, recently carried out a joint special crackdown on financial information online. During the operation, authorities found violations by multiple crypto-related self-media accounts, including "搜搜比特币." The accounts were found to have promoted virtual asset-related businesses to users in China and encouraged public participation in illegal financial activities tied to virtual assets. Shenzhen authorities added they plan to keep tightening oversight of online financial information and crack down on activities that fuel virtual asset speculation or involve illegal investment recommendations in order to maintain financial market order.

A total of 224 cryptocurrency hacking incidents were recorded in the first half of this year, with losses reaching about $1.32 billion, according to Onchain Lens. The main attack types included access control vulnerabilities, phishing, and oracle-related exploits. Among them, large losses were concentrated in attacks involving privilege escalation and administrator account takeovers tied to access control weaknesses. KelpDAO and Drift Protocol were among the hardest hit, suffering losses of $292 million and $280 million, respectively.

South Korean exchange Upbit announced the addition of MORPHO to its won trading market at 9:00 a.m. UTC today.