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Patrick Witt, executive director of the White House crypto council, said Democrats had pursued a strategy of avoiding any deal in advance during CLARITY Act negotiations, but often reach an agreement at the last moment. Witt said he believes the bill is very close to passing and added bipartisan support for the legislation is expanding.

Digital asset trading platform Talos has integrated with Kalshi to support event contracts and crypto perpetual futures trading for some clients, Cointelegraph reported. Institutional users can access Kalshi within their existing Talos setup without building a separate system. Talos plans to launch Kalshi brokerage services and an integrated data feed for prediction markets later this year.

The Bank of Japan is internally open to raising its policy rate faster than expected as inflationary pressure grows with the yen’s weakness, Bloomberg reported. The BOJ previously raised its benchmark rate to 1% from 0.75% in June, the highest level since 1995.

Foundry USA, the world’s largest BTC mining pool, has begun a vote among its mining clients on whether to support Bitcoin Improvement Proposal 110, Cointelegraph reported. BIP-110 would reduce the amount of data that can be stored in Bitcoin transactions, limiting nonmonetary transactions such as Ordinals. The vote will continue until Bitcoin block 961,632 is mined, which is expected in early August. Adam Back, CEO of Blockstream, and Michael Saylor, chairman of Strategy, have opposed the proposal, saying it could be misused to invalidate regular transactions or freeze user funds. Foundry currently accounts for about 23.8% of Bitcoin’s total hashrate.

Payward, the parent company of crypto exchange Kraken, said it will expand its tokenized stock platform xStocks to markets outside the U.S. According to CoinDesk, Payward is working with investment infrastructure firm GTN to first support Hong Kong-listed stocks, then expand the service to the UK, Europe and South Korean equity markets subject to regulatory approval. xStocks currently supports trading in more than 500 tokenized stocks.

Ayo Akinyele, a principal engineer at RippleX, said autonomous AI agents are directly paying for various technology services with XRP and RLUSD on the XRP Ledger, according to U.Today. Akinyele said the agents are using the x402 micropayment protocol to buy transaction data APIs, web information analysis services and social media APIs, and added that on one platform, on-chain transactions carried out by AI bots recently exceeded 1.43 million. Akinyele said the XRP-based AI economy could expand further as AI agents begin searching for and purchasing physical goods. RippleX is the developer community for the public blockchain XRP Ledger, led by Ripple developers.

The U.S. SEC has retreated in part in a public records lawsuit with crypto exchange Coinbase, agreeing to pay Coinbase $150,000 in legal costs and change how it preserves and discloses internal records, Cointelegraph reported. Coinbase has pursued the FOIA case seeking documents on how the SEC has applied crypto regulations. Paul Grewal, Coinbase’s chief legal officer, described the outcome as a meaningful victory that will help ensure financial regulators disclose information honestly rather than conceal it. Under the settlement, the SEC agreed to improve its information management practices, while Coinbase said the result could help establish more transparent rules across the broader crypto market.

SecondFi, an ADA-based wallet service on Cardano, said it will shut down after about 16.1 million ADA, worth roughly $2.6 million, was stolen through an encryption flaw in its wallet software. The hack affected 374 wallets, and an investigation raised the possibility of links to Lazarus, a North Korean hacking group. As a result, the SecondFi and Yoroi wallet services will be phased out. The company had initially pledged to support asset recovery within two weeks, but affected users have pushed back after the launch of a zero-knowledge proof-based recovery tool and an asset transfer function was delayed to August.

A clear bottom signal for BTC has yet to emerge, according to a CryptoSlate analysis. The media outlet said options market skew, the gap in implied volatility between call and put options, widened to 11.4 percentage points, while perpetual futures funding rates turned positive, suggesting investor sentiment and demand for leverage are recovering. Even so, those readings remain below levels seen in past bottoming phases. CryptoSlate added that investors who bought BTC during April and May, when funding rates were negative, had an average cost basis of about $77,900 and are now sitting on an unrealized loss of around 20%. The key variables for whether BTC extends its rebound or retests $58,500 are the July FOMC and BTC ETF fund flows.

South Korean exchange Upbit announced it will temporarily suspend GRAM deposits and withdrawals starting from the time of its notice to support a GRAM network upgrade.

The hacker behind the Summer.fi exploit swapped most of the 6.017 million DAI stolen in the attack and transferred the proceeds to Tornado Cash, according to Onchain Lens. The hacker wallet still holds about 294.2 ETH, worth roughly $565,100. Tornado Cash is an Ethereum-based mixing protocol designed to obscure cryptocurrency deposit and withdrawal records, making it difficult to trace transaction histories between senders and recipients.

An anonymous whale wallet starting with 0x2684 has been accumulating BTC and ETH since June 30 and is now in profit, on-chain analyst The Data Nerd said. The address holds 600 wBTC worth $38.37 million at an average entry price of $63,950 and 54,449 ETH worth $94.00 million at an average entry price of $1,726, with unrealized gains now exceeding $12.5 million.

Cardano founder Charles Hoskinson said NIGHT’s long-term fundamentals remain solid despite the Midnight bridge hack, The Crypto Basic reported. Hoskinson said NIGHT has a large development roadmap in place and that its ecosystem stands out for its technology, commercialization strategy, and leadership. He added the earlier hack was only a stress test and said the token absorbed the liquidity shock well, demonstrating resilience. Earlier, Cardano’s bridge on cross-chain infrastructure Wanchain was exposed to a hacking attack, leading to the theft of about 515 million NIGHT worth $10 million and sending the token down about 30%. NIGHT is a project Cardano has presented as a core next-generation growth driver for its ecosystem, promoting it as a sidechain that combines privacy and regulatory compliance. It aims to improve scalability, a longstanding weak point for Cardano, and expand its dApp ecosystem.

Large net outflows from spot Bitcoin ETFs between May and July reflect disappearing buying interest rather than stronger selling pressure, cryptocurrency analyst Murphy (@Murphychen888) said. Murphy said net outflows remained limited in January and February despite heavy trading volume, while outflows widened from May to July as volume declined. Murphy said this appears to reflect weaker incremental buying by institutional investors. Murphy added institutional capitulation between May and July may signal the late stage of the current correction, and said many institutions in this cycle have instead taken losses after buying BTC near its peak, which could present a buy-the-dip opportunity for retail investors.

South Korean exchange Upbit announced it will temporarily suspend deposits and withdrawals for NEO, GAS and other cryptocurrencies on the NEO N3 network from 9:00 a.m. UTC on July 31 due to a NEO N3 network hard fork.

Phong Le, CEO of Strategy, said BTC dominance is expected to rise as stablecoin and tokenization growth continues. In a post on X, Le said BTC dominance has steadily expanded over the past four years amid BTC treasury accumulation by companies, the launch of spot ETFs, participation by institutional investors and U.S. policy support. Le added BTC dominance is likely to continue rising as the digital asset ecosystem grows alongside broader crypto adoption.

South Korea’s Korea Internet & Security Agency (KISA) and the Ministry of Science and ICT are moving to build deposit token-based payment infrastructure to expand the results of the Bank of Korea’s central bank digital currency (CBDC) pilot project, “Project Hangang,” into private-sector payments, Digital Asset reported. On July 22, KISA and the ministry said they held a joint launch ceremony with related agencies for the project and will begin pushing it forward in earnest. A key feature of the initiative is that it will use existing payment systems rather than build a new payment infrastructure.

South Korean exchange Bithumb announced it will temporarily suspend XPLA deposits and withdrawals at 12:00 a.m. UTC on July 24 to support the XPLA network upgrade.

A total of 9,030 BTC worth $589 million was withdrawn from Binance over the past 24 hours, marking the exchange’s largest daily Bitcoin outflow in the past five months, according to an analysis by on-chain research firm Ruga Research. Ruga Research added BTC’s 30-day momentum indicator had recovered from -21% to 0%, and over the past year, Bitcoin’s price repeatedly moved higher after similar patterns emerged. The firm said the latest large-scale BTC outflow is notable because it occurred during a momentum recovery phase rather than after a sharp price surge, calling it a signal market participants should watch.

A joint proof-of-concept for a won-denominated stablecoin involving the Credit Finance Association and nine card companies, including Samsung, Shinhan, KB Kookmin, Hyundai, Lotte, Hana, Woori, BC and NH NongHyup Card, was completed on July 22, NewsPim reported. The test focused on whether payment approvals, settlements and transaction cancellations would operate normally when a won stablecoin on a testnet was linked to the existing card payment network, according to the report. A Credit Finance Association official said the PoC confirmed it is technically possible to support a range of payment methods by linking won stablecoin settlement functions to the existing card payment network.

The U.S. Department of Justice is pursuing forfeiture proceedings for more than $25 million in cryptocurrency tied to an international fraud case, The Block reported. According to the DOJ, the seized assets were secured during an international fraud investigation, and prosecutors are now pursuing a forfeiture action to formally transfer the assets to the state. The DOJ added it has recovered more than $800 million in victim assets to date through its Scam Center Strike Force.

South Korean exchange Bithumb announced it will temporarily suspend GRAM deposits and withdrawals at 10:00 a.m. UTC today to support the Gram network upgrade.

Kim Min-seok, a lawmaker running for chair of South Korea’s Democratic Party, has included digital asset-related issues in his financial reform agenda, Digital Asset reported. The agenda includes passage of a basic law on digital assets, establishing a legal framework for won-denominated stablecoins, establishing a legal framework for the issuance and distribution of tokenized securities, and investor protection measures. Kim also mentioned regional growth reform, judicial reform, media reform and constitutional revision as other priorities.

An experimental OpenAI AI model broke out of a test environment and attacked a server on a shared platform, heightening security concerns in the cryptocurrency industry, CoinDesk reported. The models were said to include ChatGPT 5.6 Sol, which OpenAI recently unveiled. The models had been undergoing internal evaluations of hacking capabilities with safety guardrails loosened, but some exploited flaws in the test software and escaped onto the internet. One escaped model infiltrated Hugging Face, an open-source AI sharing platform, before a security team moved to block it. CoinDesk assessed the incident as showing not just a routine system intrusion, but the risk of autonomous hacking attacks targeting the cryptocurrency industry.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 50.71% long, 49.29% short - Binance: 50.3% long, 49.7% short - OKX: 51.48% long, 48.52% short - Bybit: 51.06% long, 48.94% short