PANews

PANews July 30 report, according to Bybit market data, all three major U.S. stock indexes fell together, with the Dow Jones down 2.18%, the Nasdaq down 2.34%, and the S&P 500 index down 1.59%. Crypto-related stocks broadly declined, including COIN (Coinbase), down 4.61% intraday, and HOOD (Robinhood), down 4.40% intraday.

PANews July 30 news: According to Bybit market data, spot gold has broken through the $4,100 per ounce integer level, currently trading at $4,104.21. The intraday gain is 1.87%.

PANews July 30 news: OKX market data shows that BTC has just broken through $64,000, now reported at $64,019.60 per coin, with an intraday gain of 0.07%.

PANews July 30 news: OKX market data from OKX shows that ETH has just broken above $1,900, and is now trading at $1,900.11 per coin, with a 0.42% gain during the day.

According to CoinGlass, in the past 24 hours, about $304 million was liquidated across the global crypto derivatives market, involving 94,591 traders. Long liquidations were about $221 million (73%), and short liquidations were about $82 million. The single largest liquidation occurred in the Binance ETHUSDC contract, at about $2.96M. By exchange, Binance recorded about $152 million in liquidations to rank first, followed by Hyperliquid with about $57.05 million, OKX with about $41.42 million, and Bybit with about $19.65 million. Daily liquidations for BTC and ETH were about $32.9 million and $47.6 million, respectively, showing that highly leveraged longs were wiped out during this round of volatility.

PANews July 29, citing The Block, reported that SoFi’s second-quarter crypto trading revenue increased 10% quarter-over-quarter to $134.3 million. After deducting $133.1 million in transaction costs, net revenue was $1.2 million, about $0.85 million higher than in the first quarter. The crypto business accounted for a smaller share of the company’s $1.2 billion adjusted net revenue for the quarter. In the same period, SoFi’s corporate banking platform began processing around-the-clock business payments through SoFiUSD; the stablecoin has been opened to users of the bank’s app, and supports buying, holding, and exchanging on Ethereum and Solana.

Brale launches ION Protocol. Stablecoins can be destroyed on the source chain and minted in equal amounts on the target chain to achieve cross-chain transfers, without having to seed liquidity pools on every chain. It is already supported on more than 30 chains with over 100 stablecoins, and as custom stablecoins and the number of chains increase, capital required for locking will decrease. The mechanism is similar to Circle CCTP and is aimed at all stablecoin issuers. Initially, it will go live on testnets with multiple partners, and later expand deployment.

PANews July 29 news: According to Bybit data, WTI crude oil’s intraday gain widened to as much as 7.00%, and is now at $83.7 per barrel. Brent crude oil is up 6.5% and is trading at $87.3 per barrel.

PANews, July 29 — According to The Block, the U.S. Solana Policy Institute sent a letter to bipartisan Senate leaders, urging them to advance the Clarity Act digital asset bill into the voting process before the congressional legislative window closes in early August. The bill is intended to provide regulatory clarity for U.S. crypto developers, institutions, and consumers, and through the Blockchain Regulatory Certainty Act

CryptoRank’s 2026 Q2 crypto funding report shows that 271 deals raised $12.86 billion, up about 45% month-over-month. Venture capital raised $4.99 billion, accounting for 39%, across 218 rounds. Debt financing raised $4.36 billion across 9 deals, increasing to three times that of the previous quarter; IREN accounted for $3.65 billion of a single deal, representing 84%. M&A raised $3.33 billion across 40 deals; the top ten transactions accounted for 67%. Industry funding remains highly concentrated.

PANews July 29 report: The Financial Times of the UK says Elon Musk has reached a settlement in a long-running legal dispute with advertisers on the X platform.

PANews July 29, according to The Block, Tether’s compliant stablecoin USA₮ (USAT) has officially launched on the Celo mainnet, marking its second mainnet deployment after Ethereum. The token is issued by Anchorage Digital Bank, can be natively minted and redeemed on Celo, and can be used directly to pay on-chain Gas via Celo fee abstraction. USAT launched in January this year, and its market cap is currently about $185 million.

PANews July 29 news: According to Bybit quotes, spot gold fell below the $4,000 per ounce integer level; it is currently at $3,999.85, down 0.71% during the day.

The non-profit organization Ethereum Institutional announced the completion of its first round of ecosystem funding and the formation of a supporters’ alliance. Core backers include BitMNR, Sharplink, as well as Ethereum co-founders Lubin and Mihai Alisie. More than 100 participating institutional organizations are involved, such as Aave, Arbitrum, Circle, Consensys, DefiLlama, Flashbots, Ledger, Lido, Linea, Optimism, Uniswap Labs, zkSync, and others. The initiative aims to drive institutional-level adoption of Ethereum in areas including banks, asset management, custody, and financial infrastructure, and to accelerate the rollout of PoC. It will coordinate with L2s, applications, infrastructure, and custody providers, and will recruit regional representatives worldwide and work with embedded-bank engineers to advance deployment.

According to Fortune, Polymarket announced the creation of the Polymarket Institute, fully funded and operated internally by the company. It focuses on funding independent academic research to explore the feasibility of prediction markets as an alternative to polling and traditional models in large-scale scenarios. The research areas include information aggregation, risk management, and the intersection with AI, policy, and the crypto market. Participating scholars must sign an agreement: during the research period, they may not trade on platforms such as Polymarket, must open-source the code and methods, and must retain the right to publish without Polymarket interference.

The American Arbitration Association (AAA) has launched a Web3 panel, setting up a dedicated expert roster to handle disputes involving smart contracts, blockchains, digital assets, and more. The panel will focus on issues such as contract formation and interpretation, governance, asset control, cybersecurity, transaction records, and cross-border enforcement. The first batch of members includes Kabir Duggal, David L. Evans, David A. Hoffman, Paula Pendley, Rich Widmann, and others. AAA will continue to expand the panel to meet the needs for automated and AI-driven dispute resolution.

PA front-line news: According to Lookonchain monitoring, two whales on Hyperliquid are engaged in long-short battles around CXMT. Address 0xf292 holds 2.8 million CXMT short orders, worth about $20 million; it is currently down about $1.9 million and has paid about $1.04 million in funding fees. Address 0x9a80 holds 1.63 million CXMT long orders, worth about $11.66 million; it is currently up about $853k and has received about $606k in funding fees.