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7/29
06:45
Dow Jones futures fell today, while oil prices jumped following news concerning Iran. Separately, shares of Seagate, SK Hynix, KLA, and Bloom Energy saw significant movement after their latest earnings reports, which were influenced by developments in artificial intelligence.
06:45
The U.S. federal government's national debt has reached an all-time high of $39.7 trillion, growing by approximately $7 billion daily. This record debt level is prompting investors to increasingly turn to assets like Bitcoin and gold as a hedge against potential currency debasement. Bitcoin is currently trading around $63,800, while gold futures are at $4,097.50 per troy ounce, with both assets climbing alongside the rising debt figure. Analysts suggest that governments unable to balance their books eventually face a choice between defaulting on debt or inflating it away, leading investors to assets with fixed or finite supply.
06:38
Bitcoin (BTC) is trading above $64,000, up 0.75%, as the broader crypto market shows mixed performance ahead of the US Federal Reserve's interest rate decision later today. US inflation at 4.1% keeps a rate hike firmly on the table, which would be the first in three years. However, easing oil prices, following a pause in Iran-U.S. hostilities, have slightly trimmed the odds of an increase.
06:35
U.S. Democratic Senator Elizabeth Warren has expressed concern over a Pentagon program aimed at recruiting Wall Street professionals with high salaries. The program, known as “Business Operators for National Defense” (BOND), aims to bring private-sector talent into the Department of Defense’s procurement process and offers annual salaries of more than $400,000. Warren fears this could lead to “serious conflicts of interest and revolving-door issues.”
06:19
Financial markets are preparing for the Federal Reserve's upcoming interest rate decision, which is being described as one of the most uncertain in years. A chorus of investors suggests that a rate hike is considered a possibility by some market participants.
06:16
Kraken has launched its API Partner Program, designed to help other platforms expand market access, strengthen execution, and create long-term commission streams. Through API integration, partners can leverage Kraken's infrastructure to offer deep liquidity, high-throughput APIs, and market access across spot, futures, and tokenized equities/ETFs (xStocks). The program aims to provide ultra-low-latency trading with 99.9% uptime, enabling platforms to enhance their offerings without building every layer themselves.
06:14
Saudi Aramco is considering implementing a new pricing system for crude oil destined for Asia, specifically for shipments originating from Egypt's Sidi Kerir. This move comes as Houthi attacks continue to disrupt Red Sea shipping routes, forcing vessels to take longer and more costly routes around Africa. Asian refiners are reportedly seeking discounts to mitigate these increased shipping expenses and extended transit times, highlighting the ongoing pressure on global oil flows due to Middle East security risks.
06:14
On Wednesday, U.S. stock index futures were mixed after oil prices rose following Iran’s resumption of attacks on the United States, while South Korea’s stock market fell due to a sell-off in chip stocks.Brent crude oil prices rose more than 3%, approaching $85 per barrel. South Korea’s KOSPI index fell nearly 6%, dragged down mainly by chip stocks such as Samsung and SK Hynix. Although SK Hynix’s second-quarter profit rose 557% year-over-year, it fell short of Wall Street expectations, sparking market concerns that the artificial intelligence boom may be slowing.Investors are closely watching the Federal Reserve’s upcoming interest rate decision. The market widely expects rates to remain unchanged, but given persistently high inflation, the possibility of a rate hike has not been completely ruled out. Additionally, earnings reports from Microsoft, and Meta are set to be released after the market closes and are viewed as key indicators of the AI sector’s direction.
06:14
According to Zillow lender marketplace data, average US mortgage and refinance rates increased across all categories on Wednesday, July 29, 2026. The average 30-year fixed rate rose 7 basis points to 6.69%, the 15-year fixed loan increased 9 basis points to 6.07%, and the 5/1 ARM saw a 53 basis point jump to 6.99%. This comes ahead of an upcoming Federal Reserve rate decision.
06:13
The recent decline in semiconductor stocks has led to even greater losses for related leveraged ETFs. Since its June 22 high, the iShares Semiconductor ETF (SOXX) has fallen about 25%, while the Direxion Daily Semiconductor Bull 3X Shares (SOXL) has dropped nearly two-thirds (about 63%) over the same period. SOXL is designed to provide three times the daily return of its underlying index, but its daily reset mechanism amplifies losses during volatile downturns. Data from Baird Strategas shows that the 200 largest leveraged ETFs, with a notional value exceeding $400 billion, have declined by about $100 billion over the past month but remain near historic highs.
06:08
Saudi Aramco is preparing a new selling price for oil loaded at Egypt’s Mediterranean port of Sidi Kerir for delivery to Asia. This decision follows increased risks in the Red Sea due to attacks by Iran-backed Houthi militants, which have impacted shipping flows.
06:06
Binance (Binance), the world’s largest cryptocurrency exchange, has launched gold and silver options through its regulated platform, Nest Exchange Limited, on the Abu Dhabi Global Market (ADGM).This move follows strong demand for its gold and silver perpetual contracts, which have seen peak daily trading volumes of $7.77 billion and $7.27 billion, respectively. Binance stated that retail investors can buy call and put options but cannot sell (write) options; the sale of options will be limited to the exchange and designated market makers.
06:06
A study by CoinGecko shows that demand for tokenized stocks and commodities on centralized exchanges is growing, driving the crypto “traditional finance” (TradFi) market to a size of $6.6 billion—a fivefold increase. Perpetual futures are the primary driver of trading activity in this market.
05:55
Bybit has listed the TBTUSDT Perpetual Contract, which is now open for trading with up to 25x leverage. The contract is also available for trading via Futures bots.
05:55
Crypto exchange Bybit has listed the SSPCUSDT Perpetual Contract, which tracks the Leverage Shares 2X Short SPCX Daily ETF (SSPC). Trading is now open with up to 25x leverage.
05:44
Binance CEO Changpeng 'CZ' Zhao announced that Binance has obtained a "very special sandbox license" in the Philippines. He added that the Binance website is now unblocked in the country, and a fiat channel is expected to launch soon. Zhao also mentioned that he met with the Prime Minister of another Asian country today to promote crypto adoption.
05:29
Sergio Ermotti, CEO of UBS (UBS), said that the pullback in the artificial intelligence (AI) sector is healthy, but geopolitical volatility is a greater risk that investors should be watching. UBS reported second-quarter pre-tax profit of $3.6 billion, up 64% year-over-year, with net income of $2.8 billion, in line with analysts’ expectations.Ermotti noted that while geopolitical tensions may present temporary headwinds, UBS business momentum remains strong, with robust performance in investment banking, mergers and acquisitions, and capital markets. He also mentioned that, given the pace and scope of growth in AI market valuations and concentration over the past three to four months, the pullback was to be expected, and he advised clients to diversify their investments.
05:28
Hungary has abolished the mandatory third-party verification requirement for cryptocurrency exchanges. Meanwhile, CoinCash has been authorized to provide digital asset services under the EU’s Markets in Crypto-Assets (MiCA) regulation, becoming the first company in Hungary to obtain such a license.
05:18
International oil prices have risen amid tensions in the Middle East. Meanwhile, the U.S. Federal Reserve is weighing its latest interest rate decision. In addition, shares of South Korean chipmaker SK Hynix fell after the company reported financial results that fell short of expectations.

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