Crypto Markets & On-Chain Ecosystem Developments

Hawkins County Commissioners in Tennessee voted unanimously 12-0 on Monday to ban the establishment, construction, installation, expansion, and operation of cryptocurrency mining facilities and data centers in unincorporated areas of the county, according to the commission's July 26 agenda. The vote

Hawkins County Commissioners in Tennessee voted unanimously 12-0 on Monday to ban the establishment, construction, installation, expansion and operation of crypto mining facilities and data centers in unincorporated areas of the county. The ban marks the county's second related measure, following a

According to a Tuesday Politico report, the National Association of Assistant US Attorneys and the National District Attorneys Association proposed changes to developer-related provisions in the Digital Asset Market Clarity (CLARITY) Act, requesting that guidelines not "create, expand, or modify

From 19:15 to 19:30 (UTC) on July 29, 2026, ETH fell from 1,914.48 USDT to 1,898.49 USDT within 15 minutes, down 0.48%. The amplitude was 0.84%. The price briefly broke below the 1,900 integer level but then recovered part of its losses. During this period, overall trading sentiment in the market was cautious. Short-term sell pressure was mainly driven by the transmission of macro sentiment. With price staying above key support levels, bids held firm, and no panic-driven selloff occurred. The ma

According to Coinglass and the Federal Open Market Committee, on July 29, Bitcoin surged to $64,400 after the Fed voted to hold interest rates unchanged at 3.5%-3.75%. The cryptocurrency had earlier dropped to $63,700 following geopolitical tensions before recovering on the rate decision. Across the

Pump.fun's token graduation rate reached 6.7% last Friday, approximately eight times higher than the platform's average throughout June. The increase followed the launch of BOOST, a new default mechanism that redirects previously locked liquidity into automatic market purchases during the first

According to The Block, Pump.fun's token graduation rate reached 6.7% last Friday, roughly 8x higher than the June average of 0.8%. The surge coincided directly with the launch of BOOST, a new default mechanism that incentivizes higher graduation rates by deploying locked migration liquidity into au

Peter Mintzberg, CEO of Grayscale, filed a request with the SEC to sell 2,611 shares of the Grayscale XRP Trust (GXRP) ETF for $53,394.95 at $20.45 per share. The shares were acquired through a private purchase from the trust on October 3, 2024, before GXRP converted to an exchange-traded XRP ETF. M

From 18:30 to 18:45 UTC on July 29, 2026, ETH saw a slight short-term uptick; the 15-minute return was +0.65%. The price range was 1894.43–1922.37 USDT, with an Ampl of 1.46%. The current quote is $1920.5; the 24-hour rise is about 0.52%, and the volatility range is 1884.4–1934.8 USDT. Overall, this is a narrow consolidation with low volatility and low participation. The main driver behind this move is the market’s wait-and-see sentiment ahead of the Fed’s FOMC interest rate decision. Before the

The Federal Reserve held interest rates steady at 3.5%–3.75% on Wednesday, meeting near-universal market expectations. Bitcoin dipped around 1% to $63,890 following the announcement while Ethereum fell by about 1%, trading just above $1,900. The hold reflects persistent inflation above the Fed's 2%

A CryptoQuant analyst suggests Bitcoin's bear market may be nearing its end, with an ultimate bottom expected at the $51,336 level. Bitcoin reached an all-time high of $126,000 in October 2025 before entering a bear market and falling more than 50%, reaching levels as low as $57,000. The analyst

According to CryptoQuant analyst, Bitcoin's bear market is nearing its end, with the ultimate bottom expected at $51,336 (61.8% Fibonacci level). After falling more than 50% from its October 2025 all-time high of $126,000 to lows around $57,000, the analyst notes that selling pressure has weakened s

K33 Research and analyst Michaël van de Poppe stated ahead of the FED meeting in July that the upcoming interest rate decision may have a limited impact on Bitcoin. K33 Research head Vetle Lunde noted Bitcoin's correlation with Nasdaq has approached

According to Onchain Lens, Hyperliquid generated approximately $2.07 million in protocol fees over the past 24 hours on July 30, burning 21,080 HYPE tokens worth approximately $1.16 million. To date, Hyperliquid has cumulatively burned 46.1 million HYPE, valued at approximately $2.54 billion,