Latest Crypto News & Market Updates

FET drops 12% – Can $47.3M in investor demand overcome whale selling？

Artificial Superintelligence Alliance [FET] was not excluded from the broader crypto markets decline over the past day.　　At the time of writing, FETs decline amounted to roughly 12%, and the intensity of the bears clearly continued to pressure the market in ways that show a likely tendency toward more downtrend.　　However, there is still spot involvement, which could impact the outlook and skew it away from the bears.　　FETs perpetual market bleeds capital　　A clear capital outflow in FETs perpetual market has sparked the decline witnessed recently.　　The outflow saw a roughly 5% decline that brought Open Interest (OI) down to roughly $71 million, putting the market at major risk.　　Source: CoinGlass　　Strong market momentum is clearly driving the selloff, with volume spiking 97% from the previous day to $162 million.　　The rise in volume at a time when price and open interest are simultaneously declining for an asset often suggests there will be more capital outflow ahead, as the bears continue to dominate the market.　　Spot buyers keep accumulating FET 　　Spot traders in the market are not letting go easily, as the group of investors has continued to accumulate the token over the past day. At press time, spot market activity shows there was more buying than selling

07-28Industry

Dragonflys Haseeb Qureshi Warns Crypto VC May End by 2030 as Active Investors Drop by 87% From 2022 Peak

Key TakeawaysHaseeb Qureshi warned that crypto VC may face a last vintage as platforms dominate.Cryptorank counted 150 active investors in July, down from 1,177 in May 2022, signaling consolidation.Dragonfly says 2030 may leave few startups, favoring founders who control distribution and economics.　　Cryptorank Counts Just 150 Active Venture Firms, Fewest Since November 2020　　Crypto venture capital may be approaching a structural turning point, even if bitcoin, ethereum and stablecoins continue to expand.　　Haseeb Qureshi, managing partner at Dragonfly, said the sector could eventually reach a “last vintage” as established networks become harder for startups to challenge.　　“At some point, crypto VC might just be over,” Qureshi said in a July 21 interview. “There might just be a last vintage.”　　His warning is not a prediction that crypto will disappear. Instead, it reflects a market where scale, liquidity and network effects increasingly favor a small group of mature platforms.　　Social Media Offers a Warning　　Qureshi compared crypto with social media, which grew rapidly during the 2010s even though most of its leading platforms had been built years earlier. Facebook, WhatsApp, Instagram and LinkedIn kept expanding, while Bytedances TikTok became the rare major challenger.　　Crypto could follow a similar path.　　“Maybe by the year 2030, pretty much every important company is

07-28Industry

Kalshi Wins as Judge Blocks Minnesota Prediction Markets Ban

Key InsightsKalshi secured temporary relief against Minnesotas prediction market ban.The court found federal law likely preempted parts of the statute.Polymarket retained Minnesota access while the broader lawsuit continued.　　Kalshi secured temporary relief on July 27 after a federal judge blocked Minnesota‘s prediction market ban. U.S. District Judge Katherine Menendez found federal commodities law likely preempted parts of the state statute. The ruling kept Kalshi and Polymarket operating before the law’s Aug. 1 effective date.　　The order preserved existing market access while the court considered the broader jurisdictional dispute. It also tested how far states can regulate event contracts listed on federally supervised exchanges. That question carried direct consequences for prediction market operators, trading firms, and crypto-linked platforms.　　Kalshi Wins Temporary Relief From Minnesota Ban　　Menendez granted preliminary injunctions sought by the Commodity Futures Trading Commission, Kalshi, and Polymarket. Reuters reported that she viewed several challenged contracts as swaps under federal law. That classification placed those contracts within the federal regulators exclusive jurisdiction.　　Source: X　　The Commodity Futures Trading Commission filed its lawsuit on May 19. The agency said Minnesotas statute conflicted with the Commodity Exchange Act. Its complaint sought an injunction before the ban started on Aug. 1.　　Minnesota‘s legislation prohibited creating, operating, managing, or supporting a

07-28Industry

Indonesia: Policy focus after BI Governor exit – DBS

DBS Group Research economist Radhika Rao analyzes Indonesia markets after Bank Indonesia Governor Perry Warjiyo‘s unexpected resignation. She notes initial weakness in onshore assets as investors reassess implications for Rupiah stability and bonds. Rao highlights Deputy Governor Destry Damayanti’s appointment as acting Governor and stresses that leadership continuity, experience and institutional independence will be key to sustaining confidence in Indonesias monetary policy framework.　　Investors reassess Rupiah and bonds　　“Investors sought policy clarity after BI Governor Warjiyo unexpectedly resigned on Monday, citing personal reasons.”　　“Onshore markets witnessed kneejerk weakness on the newsbreak, as investors attempt to parse through what the transition would mean for the rupiahs defence and bond markets.”　　“In the near term, the appointment of the interim chief will help calm transition concerns, helping to stabilize asset markets.”　　“As the next step in the process to name a new BI chief, President Prabowo Subianto is likely to nominate a candidate for approval to the House of Representatives (DPR).”　　“For investors, reassurance that the central bank remains under an experienced, and independent leader will be important in sustaining confidence in the monetary policy framework and reaffirm its institutional autonomy.”

07-28Industry

Inflation pain is worse than the CPI indicates, but you already knew that

We all intuitively know that prices are rising faster than the Consumer Price Index (CPI) indicates. We feel the pain every time we go to the grocery store or gas station. But just how much is price inflation impacting us here on Main Street？　　I started pondering this question the other day when I ran across a graph tracking the price of a can of Campbells Tomato Soup since 1895.　　Youll notice an interesting phenomenon. The cost of a can of soup remained relatively stable until around 1973, when it suddenly started to climb more rapidly.　　And what happened in the early 1970s？　　In 1971, President Richard Nixon severed the dollars last connection with the gold standard, making it a purely free-floating fiat currency.　　When he announced the closing of the gold window, Nixon said, “Let me lay to rest the bugaboo of what is called devaluation,” and promised, “Your dollar will be worth just as much as it is today.”　　Well, Campbells begs to differ.　　Since that fateful day, the U.S. government, supported by the Federal Reserve, has aggressively devalued the dollar by printing more and more of them. This would have been impossible with the monetary discipline imposed by a gold standard (which is exactly

07-28Industry

Bitcoin (BTC) ETFs Log $5.4 Billion First-Half Outflow

Bitcoin News　　U.S. spot Bitcoin (BTC) exchange-traded funds recorded their first half-year net outflow since the 2024 launch, with about $5.4 billion leaving in the first six months of 2026. ETF flow data show the withdrawal was concentrated in June, when roughly $4.5 billion exited, making it the largest monthly redemption for this product group. Capital also rotated toward AI-related assets, pressuring an already fragile bear-market backdrop. Yet the headline number does not mean demand has vanished. Inflows and redemptions often occurred inside the same fund because a single ticker can hold very different types of money. The market now has to distinguish long-term allocation from arbitrage, tactical retail flows, and corporate treasury exposure. For Bitcoin, the question is not whether buyers exist, but whether their reasons for buying are durable enough to offset profit-taking and rotation. This matters because ETF creation and redemption activity is one of the clearest windows into regulated demand. When flows reverse, it can reflect changing arbitrage economics rather than a simple loss of conviction. The first-half outflow therefore reads less like a uniform exit and more like a recomposition of holders, with slower money staying engaged while faster money adjusts to market structure. That distinction

07-28Industry

Bitcoin Cryptography Watched After Claude Cuts HAWK Work 67 Million Times

Crypto News　　Bitcoin (BTC) is not directly compromised by Anthropic‘s latest AI research, but the findings have pushed cryptographic security back into focus for the largest crypto network. The company said its Claude model identified new weaknesses in two encryption systems, including HAWK, a digital-signature scheme designed to resist future quantum computers. HAWK had been examined by human specialists for about two years without a public failure, yet Claude found a hidden mathematical pattern in roughly 60 hours. The company’s research paper said the effort needed to recover the smallest HAWK key dropped from 2^64 steps to 2^38, a reduction of about 67 million times. That does not mean Bitcoin‘s current signing model is broken. Bitcoin uses a different elliptic-curve signature framework, and the newly reported attacks do not touch that system. Ethereum (ETH) also relies on a separate signature framework, and the reported experiments do not indicate a present operational risk. Still, the result matters because it shows how quickly AI can test assumptions that previously depended on slow human review. For holders, the practical question is not an immediate threat, but whether long-term network planning keeps pace with faster cryptographic discovery. The issue also touches tools that users may

07-28Industry

Apple Overtakes Nvidia—Which Will Be Bigger by End of July？

In briefApple traded at roughly 79% on Polymarket to finish July as the worlds largest company, while Nvidia fell to about 22%.Apple ended Tuesday worth about $5.0 trillion, roughly $227 billion more than Nvidia, with three trading sessions left before settlement.Apple reports quarterly results Thursday evening, giving traders one final major catalyst before the contract resolves Friday.　　Apple is the worlds most valuable company again. Will it stay that way before the end of July？　　On Polymarket—a prediction market where contract prices behave like crowd-generated probabilities—Apples chance of finishing July in first place surged by more than 50% in roughly a day, reaching about 79%.　　Nvidia, now the second-most valuable company on Earth, fell to around 22%, and the market has attracted about $4.7 million in total trading volume.　　At Tuesday‘s close, Apple was valued at approximately $4.995 trillion, compared with Nvidia’s $4.768 trillion. That gives the iPhone maker a lead of roughly $227 billion.　　That is a lot of money. It is also small enough to disappear during one ugly trading session.　　Apple spent the past two years being mocked for arriving late to artificial intelligence. Suddenly, not writing blank checks for giant GPU farms looks less like incompetence and more like risk management.　　Investors are

07-28Industry

CRO (CRO) Exchange Crypto.com Adds Emirates as 4th Airline for Crypto Payments

CRO News　　Emirates has formally switched on Crypto.com Pay for flight bookings, giving eligible customers in the United Arab Emirates a crypto-funded checkout option on emirates.com and the airline‘s mobile application. The launch matters for Cronos (CRO), the altcoin tied to Crypto.com’s wider payments and exchange ecosystem, because it places the company‘s payment rail inside a major international carrier. The company’s official announcement describes a flow in which passengers select Crypto.com Pay at checkout, approve the transaction from a mobile wallet, and receive an electronic ticket after confirmation. Desktop users can scan a QR code, while app users are redirected to the Crypto.com application to authorize payment. Bookings must be priced and settled in United Arab Emirates dirhams, and Crypto.com‘s Dubai unit, Foris DAX Middle East FZE, holds the stored-value-facility license and handles conversion into a regulated dirham stablecoin or dirham fiat before settlement with the airline. That structure reflects the United Arab Emirates Central Bank’s stored-value-facility framework, under which Crypto.com obtained a license earlier this year. Emirates Deputy President and Chief Commercial Officer Adnan Kazim said the move widens payment choice for digitally minded travelers, while President and Chief Operating Officer Eric Anziani called the integration a milestone for the

07-28Industry

XRP (XRP) Partner SBI Rebrands Unit for $6 Trillion Canton Network

XRP News　　SBI Holdings, a long-standing supporter of XRP (XRP), has renamed a wholly owned subsidiary as SBI Digital Practice, placing the unit inside the Canton Networks institutional on-chain finance effort. The company said the rebranded entity will work on corporate finance infrastructure, cross-border transaction systems, application support, and regulatory compliance for blockchain-based financial markets. Canton Network is an institutional blockchain that already connects more than 600 financial firms and represents more than $6 trillion in assets, and SBI is participating as a Super Validator. For XRP observers, the important point is that SBI is not abandoning the XRP Ledger. The group continues SBI Ripple Asia, maintains its broader Ripple relationship, and is simultaneously pursuing Solana-based JX token work, a JPYSC payment partnership with Ondo, and a majority holding in Coinhako. The structure suggests a multi-chain strategy rather than a single-network bet, with institutional settlement, tokenized assets, and regulated workflows moving onto distributed ledgers. In practical terms, this could place XRP-related payments and liquidity beside other rails, including an appchain design, an Automated Market Maker venue, or cross-border atomic swap processes. The move also underlines how large financial groups are treating blockchain less as speculative altcoin exposure and more as backend

07-28Industry

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