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7/31
09:06
TD Cowen has cut its price target for Sharplink to $13, citing a lowered forecast for ether in 2026. The investment bank stated it is maintaining its long-term Ethereum investment thesis despite the near-term adjustment.
09:06
Circle, the issuer of the stablecoin USDC, has been granted a limited-purpose trust license by the New York State Department of Financial Services (NYDFS). This move adds a state-level layer of regulation for USDC, following the company’s earlier approval as a national trust by the Office of the Comptroller of the Currency (OCC).
09:05
Martin Lee, Markets Insight Lead at DWF Labs, states that real-world asset (RWA) perpetuals (perps) are poised to outpace tokenization, citing their rapid growth and market advantages. He notes that RWA perps volume reached $347 billion in May, a 1,472x increase from early 2025, with daily open interest on decentralized exchanges (DEXs) hitting $4.5 billion in July. Lee attributes this trend to perps offering 24/7 trading and a simpler structure compared to traditional finance alternatives, alongside the faster experimentation possible with perps compared to tokenized assets.
09:05
Palestinians in Gaza have reacted to the latest ceasefire deal, with many expressing little hope that it will end the ongoing war, stating 'Enough is enough'.
08:47
Federal Reserve officials who dissented from the recent policy decision explained their rationale for backing higher interest rates, pointing to inflation having exceeded the Fed's 2% target for over five years.
08:41
BCA Research, a macroeconomic research firm, says now is the time to buy gold, noting that the recent sell-off in gold is nearing its end as resistance caused by rising real yields is subsiding. The firm expects a weaker U.S. dollar to be a positive factor for gold, while continued central bank purchases, geopolitical risks, and reserve diversification will provide long-term support for the metal.
08:41
The US Federal Reserve maintained its interest rates, but market expectations for a September rate hike have increased. Despite the Fed holding rates steady and offering no guidance, Kalshi now prices a 53% chance of a 25 basis point rate hike in September, up from previous levels, versus 46% for no change. This shift occurs even after Chair Kevin Warsh suggested tighter financial conditions may already be doing some of the Fed's work, which initially led markets to view the meeting as dovish. However, three Federal Open Market Committee (FOMC) officials dissented in favor of a 25 bp hike.
08:33
Bloomberg Markets reports that traders are bracing for increased volatility in the S&P 500, anticipating that volatility will soon rise due to mounting macroeconomic risks. In recent months, the S&P 500 has remained largely stagnant overall, despite sharp fluctuations in individual sectors.
08:33
Reuters reported that Shelbit, a Dubai-based cryptocurrency exchange, has been accused of being linked to a $4 billion Iranian sanctions-evasion network. The exchange is suspected of transferring hundreds of millions of dollars to major cryptocurrency platforms, including Binance, to provide gambling websites and sanctioned Iranian entities with access to the global cryptocurrency market. Binance responded by stating that Shelbit has never opened an account on its platform and that the associated transactions posed a low risk; however, it has investigated and frozen the linked accounts and reported the matter to law enforcement authorities.
08:24
Hassett said that, if necessary, measures would continue to be taken to curb oil prices.
08:23
The U.S. Treasury Department will introduce four additional U.S.-equities based Exchange Traded Funds (ETFs) for "Trump Accounts" in the coming months. Currently, all contributions to these tax-deferred accounts for children default to the State Street SPDR Portfolio S&P 500 ETF (SPYM). The new options will include funds like the Vanguard Morningstar Total Stock Market ETF (VTI), offering investors more diversification within the U.S. equity market.
08:23
Moonshot's KIMI model has been built on a cluster of 20,000 Nvidia chips, with the infrastructure facilitated through Alibaba.
08:22
Former White House economic adviser Kevin Hassett believes the recent climb in the 10-year U.S. Treasury yield is a temporary matter.
08:22
Bybit has listed the GRVTUSDT Perpetual Contract in its Innovation Zone, with trading now open and offering up to 20x leverage. Contracts in the Innovation Zone typically incur higher trading fees.
08:22
U.S. stock index futures rose following a rebound in the share prices of chipmakers such as Samsung and SK Hynix, as well as strong earnings reports from Amazon. Meanwhile, the Bank of Japan (BOJ) kept its policy interest rate unchanged after the Japanese government intervened in the foreign exchange market, causing the yen to strengthen against the dollar.
08:12
Morgan Stanley has lowered its 2026 China GDP forecast to 4.6% from 4.8%. This revision follows weaker-than-expected economic activity in June. The bank cited slowing infrastructure spending, softer consumer demand, and ongoing property market weakness as key factors. Morgan Stanley expects policy support to remain focused on AI and energy infrastructure rather than consumption, though it still anticipates modest growth improvement in the second half of the year.
08:11
The Texas Stock Exchange has rolled out trading for all tickers, stepping up its drive to win business from the New York Stock Exchange and Nasdaq.
08:08
Minneapolis Fed President Neel Kashkari stated he would rather tighten policy incrementally as more data on inflation and employment becomes available, to manage the risk of high inflation becoming entrenched. Kashkari believes a potential series of small policy moves would be better than waiting and eventually concluding that bolder actions are necessary if inflation remains elevated.
08:00
The U.S. Department of the Treasury announced sanctions against two Iranian companies—Persian Gulf Marine Insurance Company and HormuzSafe Maritime Services—accusing them of operating a marine insurance program that accepts Bitcoin and other digital assets.The Treasury Department stated that the program is designed to circumvent sanctions by requiring commercial vessels transiting the Strait of Hormuz to purchase insurance, with the proceeds funneled to the Islamic Revolutionary Guard Corps (IRGC).

The Treasury Department stated that the scheme—including the Hormuz Safe platform—was developed by Iran’s Ministry of Economy and uses digital assets such as Bitcoin to circumvent Western sanctions. These sanctions prohibit U.S. persons from transacting with these two companies; foreign companies that transact with them also face the risk of sanctions, as do those who make payments via Bitcoin.

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