Crypto Markets & On-Chain Ecosystem Developments

According to BeInCrypto, El Salvador's two main opposition parties nominated presidential candidates on July 27 opposing President Nayib Bukele's Bitcoin strategy ahead of the February 2027 election. The National Republican Alliance (ARENA) nominated former lawmaker Maytee Iraheta, while the

According to iM Securities, on July 27, three SK Hynix-linked tokenized products ranked among the top 20 digital assets by 24-hour trading volume, placing 1st, 6th, and 7th respectively. SKHYNIX led with $2.77 billion in trading volume, followed by SKHY at $538 million and SKHX at $413 million.

According to Alternative.me data, the Crypto Fear and Greed Index fell to 29 today, down from 30 yesterday, indicating the market remains in a state of panic.

Franklin Templeton publicly expressed support for the Clarity Act today (July 28), stating the legislation will establish a clear regulatory framework for crypto assets, ensure investor protections, and clarify which regulators oversee different entities. The investment firm said it is time for the

According to Cointelegraph, on July 28, crypto-friendly banking-as-a-service provider Cross River partnered with X Money to offer P2P payments, FDIC-insured savings accounts, and Visa debit card services. The infrastructure supports X's "super app" strategy and is designed to scale additional

According to Odaily, Nasdaq-listed Siebert Financial Corp. has agreed to partner with Kakao Pay Securities to offer tokenized Korean stocks to U.S. investors via K-Stock Global Gateway. Kakao Pay Securities manages approximately 9 million stock accounts in Korea. The service aims to enable U.S. inve

According to CoinDesk on July 28, Senate Majority Leader John Thune has shelved the Clarity Act to prioritize government official nominations and Russian sanctions legislation. The earliest the bill may advance to a vote is during the final days before the August 8 recess. Both parties continue

According to BlockBeats, SKHX on Hyperliquid dropped more than 17% to $927 at 7 a.m. Beijing time on July 28, before recovering to $1,112, according to monitoring by Hyperinsight.

According to Grayscale research, HYPE ETF saw accelerating inflows that outperformed Bitcoin, Solana, and XRP over the same lifecycle period. The data showed Bitcoin maintaining the most consistent inflows, while HYPE demonstrated stronger early-stage momentum compared to the other three major

The Clear Act's Senate passage faces obstruction as Democrats demand stronger ethical guardrails targeting Trump family crypto conflicts of interest. With Congress set for recess on August 7, the legislative window to advance the bill has narrowed significantly, leaving limited time for

Between 20:00 on July 27, 2026 and 00:00 on July 28 (UTC), ETH/USDT traded in a narrow range of 1,945.66–1,950.58, with a 4-hour Return % of -0.14% and an Ampl of 0.25%. But over a longer cycle, ETH surged over the weekend to $1,966 before dropping sharply: the 24-hour decline was -3.12%, and the daily K-line closed at $1,894.18 (down -2.46%). It has fallen below the $1,900 psychological level. Trading volume was only 10,034 units, at a typically low level for the weekend, with limited market pa

According to The Block, TD Cowen cut Nakamoto's price target to $17 from $40 (adjusted for stock split) on July 28, representing a 58% decline, while maintaining a buy rating. The firm cited pressure from Bitcoin's decline on the company's debt-laden capital structure as the primary reason. Nakamoto

According to The Block, Securitize Capital, a subsidiary of tokenization company Securitize, obtained SEC registered investment advisor (RIA) status today, enabling closer collaboration with asset managers and institutional investors on tokenized investment strategies. The Securitize U.S. platform n

According to on-chain analyst Ember, BitMine received 7,500 ETH (approximately $14.61 million) from BitGo 4 hours ago on July 28.

According to The Block, the NFL sent a letter to the CFTC on July 28, calling for stricter regulation of sports prediction markets. The league argues that the CFTC's proposed rules are insufficient in protecting game integrity and consumers. NFL's specific requests include restricting easily

According to The Block and Bitwise's latest quarterly staking report released on July 28, Ethereum, Solana, and Avalanche saw increased network activity and lower usage costs over the past year, yet ETH, SOL, and AVAX prices all declined approximately 50% or more. Bitwise on-chain research head

According to Odaily, on Monday (July 27), U.S. federal judge Katherine Menendez granted preliminary injunctions to Kalshi, Polymarket, and the CFTC, suspending Minnesota's recently enacted prediction market ban. Menendez ruled the state law likely conflicts with the Commodity Exchange Act. Kalshi, P

From 23:30 to 23:45 (UTC) on July 27, 2026, BTC fell 0.31% within 15 minutes. The price ranged from 63,636.3 to 63,924.6 USDT, with a range of 0.45%. Over the past 24 hours, BTC dropped from a $65,744 high to around $63,741.9, for a cumulative decline of 2.59%, as market volatility intensified. The main driver behind this abnormal move was that Michael Burry expanded his short positions in chip stocks, prompting a retreat in hedging for risk assets. This well-known investor—famous for shorting t