PANews

Every Monday to Friday morning, we focus on macro, US stocks, AI, precious metals, and crude oil, among other themes—reviewing the market with data and seizing opportunities with trends, produced by PANews.
On Monday, US stocks moved in different directions. The Dow Jones Industrial Average rose 0.51%, the S&P 500 inched up 0.02%, and the Nasdaq Composite fell 0.18%. Chip stocks, memory stocks, and optical communications stocks all declined noticeably, dragging the Nasdaq lower. Traditional consumer stocks, some software stocks, and Chinese concept stocks performed better.
Trump gives Iran a negotiation window, oil prices plunge
With the situation in the Middle East temporarily cooling, Trump said the US has paused its strikes against Iran to give negotiations another chance, but he also warned that if talks fail, the US will resume strong military action.
WTI crude oil fell below $80; this week it is down 12%. Brent crude oil fell below $85, with a weekly drop of nearly 10%. The market had originally worried about US-Iran

PANews July 28, Bybit quotes show that the Nikkei 225 index closed on July 28 (Tuesday) down 2,566.27 points, a decline of 3.95%, to 62,364.92. The Korea KOSPI index closed on July 28 (Tuesday) down 732.12 points, a decline of 10.84%, to 6,023.63. During the day, it once fell more than 11% to below 6,000. This month, it has fallen nearly 30% cumulatively; SK hynix is down more than 14%, and Samsung Electronics is down more than 13%.

According to SoSoValue data, yesterday Bitcoin spot ETFs had total net outflows of about $11.6439 million. The highest single-day net outflow was for BlackRock’s IBIT, at $8.8202 million; IBIT’s historical net inflow is $60.39B. Next was Fidelity’s FBTC, with a single-day net outflow of $2.8237 million and a historical net inflow of $10B. As of the time of writing, total assets net value is $78.71B, the net asset ratio is 6.04%, and historical cumulative net inflows are $51.37B.

Author: Alvin Liu
No one could have predicted that, just past the halfway mark of 2026, Bitcoin would also be falling from its highs by more than half. The crypto bear market, sandwiched between wave after wave of the AI boom, looks even more sluggish. But the chill in the market isn’t happening in every corner of the industry.
Major exchanges, on the other hand, seem busier than before. It’s just that this kind of busyness is no longer the same as the frenzy during the last bull market. Those once-captivating narratives around native assets have nearly receded. Tokenized US stocks, tokenized US Treasuries, and even more regulator-friendly compliance frameworks are becoming the new battleground that major exchanges compete for.
Exchanges have to face a hard reality: as compliance grows stricter and speculative enthusiasm in native crypto markets fades, where will new assets, capital, and users come from?
Those onshore exchanges that were built on compliance from the start are still moving forward steadily—just on July 27, HashK

Binance co-founder Changpeng Zhao said at the ASEAN Tech Summit Manila 2026 that he supports mutual recognition of crypto licenses within the ASEAN region, believing that already-regulated markets can enter other markets through simplified approvals rather than applying from scratch. Cross-border coordination is not technically complicated; with more competition among licensed platforms, services can improve and costs can fall. The proposal was put forward by Lito Villanueva, founder and chairman of the Philippine Fintech Alliance. Currently, ASEAN has no regional mutual recognition mechanism, but there are precedents such as funds obtaining cross-border simplified authorizations.

Author: 0xjacobzhao, IOSG
Recently, “China’s first domestic storage stock” Changxin Memory officially listed on the ChiNext board, and its astonishing surge of 500% instantly ignited the market. Although the storage sector as a whole has still been disturbed by lingering pullback effects in recent days, AI storage has continued to be feverishly revalued by capital amid the current wave of technology narratives. Meanwhile, in the Web3 space, decentralized storage has fallen into long-term stagnation and disappointment. Why, with the same name “storage,” does market performance swing between icy and scorching extremes? The fundamental answer lies in a complete divergence in the underlying value function.
In the AI era, the re-pricing of storage is, at its core, a celebration of “hot data efficiency,” aiming at maximizing compute utilization and commercial monetization; whereas decentralized storage, which remains committed to “cold data trust,” defends the fairness of data, resistance to censorship, and the long-term memory of human civilization.

Singapore-based digital asset investment management firm Psalion announced the launch of its third $50 million venture capital fund, which will be its largest fund to date. The fund focuses on blockchain applications, covering seed rounds and early-stage companies across areas including infrastructure, middleware, trade finance, RWA, stablecoins, and DeFi, among others, emphasizing Web3 consumer applications for asset ownership, transactions, and interaction. Managing partner Tim Enneking said that the first two funds were launched during market downturns, when the best opportunities often appear in down markets—with more reasonable valuations and founders who are more focused.

PANews July 28 news: According to Lookonchain monitoring, an abnormal order briefly pushed SKHX below $930, triggering the liquidation of over $80 million worth of SKHX. Trader 0xc985 is one of the victims; their long position of 2026 SKHX (worth $2.08 million) was fully liquidated, resulting in a loss of $260k.

PANews July 28, 2026, according to an official announcement: Binance will list the U/USD spot trading pair on July 30, 2026 at 16:00 (GMT+8), and will simultaneously open spot algorithmic order service.

PANews July 28, citing Cointelegraph and Token Terminal data, reports that app deposits on Robinhood Chain have surpassed $600 million, growing by about 50% over the past week.

A South Korean media report said People Power Party lawmaker Kim Eun-hye is pushing for state compensation over losses suffered by investors in leveraged ETFs tied to Samsung Electronics and SK hynix, whose daily price move limits are amplified 2x; another party lawmaker, Na Kyung-won, also urged a full investigation and consideration of state compensation, alleging that the Blue House and financial authorities introduced them hastily. The controversy stems from the Financial Services Commission’s approval for their listing on May 27, with the mechanism magnifying volatility and causing funds to rush in. As of June 25, 14 products had net assets of 16.28 trillion won and daily trading volume of 14.48 trillion won. On July 16, the financial authorities increased margin requirements from 10 million to 30 million, advancing the effective date to July 31.

PANews July 28 news: According to an official announcement, South Korean crypto exchange Bithumb will list the o1.exchange (O) token on the KRW market. Trading is expected to start at 14:00 local time on July 28, 2026. Deposits and withdrawals will support only the Base network.

PANews July 28 news: According to monitoring by Lookonchain, Bitwise sold another 117.92k HYPE tokens today (for $7.05 million).

PANews July 28 news: According to official information, Binance Wallet has listed Changxin Technology (CXMT) perpetual contract trading, supporting up to 20x leverage.

PANews July 28 report, citing Cointelegraph, that MoonPay has partnered with Tempo to provide a seamless fiat-to-stablecoin payment service for the Tempo ecosystem.

PANews July 28 news: According to an official announcement, the Korean crypto exchange Upbit will list the RLUSD token on the KRW, BTC, and USDT markets.

ZuriQ, a spin-off company of the Swiss Federal Institute of Technology Zurich, has completed a seed round financing of $25.5 million, developing a new quantum chip architecture. The company claims it is more scalable than existing approaches, based on ion-trap quantum computing, and using an entirely new chip design to break through scalability bottlenecks. Founded by an ETH research team, the funding will be used for further R&D, expanding the team, and advancing the commercialization of quantum chips.

According to SoSoValue data, as of July 27 (U.S. Eastern Time), the HYPE spot ETF saw a daily net outflow of $2.8946 million. The largest net outflow came from BHYP, at $2.2357 million; second was THYP, at $658.9k. As of the time of writing, the HYPE spot ETF’s total assets net value was $279 million, with a net asset ratio of 2.19%; its historical cumulative net inflows were $290 million.

Korean domestic investors net bought U.S. stocks of about $3.59 billion this month, 5.5 times that of June. On the 23rd, they net bought $2.53 billion, then increased over the next two days to about $3.59 billion. Retail funds are concentrated in semiconductor and technology stocks; the most purchased is the Direxion Daily Semiconductor Bull 3X ETF (about $1.76 billion), and SK Hynix ADR net buying rose to $812 million.