ChainCatcher reports, citing Binance spot data, that the market is seeing noticeable volatility. LUNA has fallen 16.8% over the past 24 hours, while RAD is down 22.41% in the same window; both are described as being in a 'surge-then-pullback' state. TRB, MOVR, PYR, BICO and ACE show the same pattern, declining 10.39%, 13.5%, 19.74%, 14.43% and 11.41%, respectively. ROBO touched a fresh daily low, trading 8.61% lower. PROM slipped 3.19% within a five-minute window. The numbers, drawn from Binance's spot market and relayed by ChainCatcher, highlight a broad intraday reversal across multiple altcoin pairs, with most declines measured over 24 hours and the PROM drop recorded in a short five-minute span.

The U.S. Securities and Exchange Commission is set to hold a public meeting on Aug. 14 to consider a proposed "Regulation Crypto" framework that would let some crypto projects raise capital without completing a full securities registration process. If advanced for public comment, it would become the SEC’s first formal, durable rulemaking effort aimed specifically at the crypto sector. The proposal would also outline a route for projects to exit SEC oversight once developers stop actively managing the network and the project becomes decentralized. SEC Chair Paul Atkins has previously said the exemption period could last as long as four years, though no fundraising cap was disclosed. On the litigation front, a federal judge in Connecticut ruled that Kalshi’s sports-event contracts are not swaps under the Commodity Exchange Act, meaning the Commodity Futures Trading Commission did not obtain exclusive jurisdiction on that basis. The decision lands as Kalshi remains under pressure in New York, where the CFTC said it used “emergency powers” to require the prediction-market operator to continue operating after the company sought assistance following a lawsuit from New York Attorney General Letitia James. Elsewhere, the market snapshot showed broad declines among major tokens over the past 24 hours, while project, funding, security and AI headlines spanned Bitwise layoffs, a reported COLDCARD Mk3 wallet flaw, Hyperliquid and Robinhood Chain user metrics, and a string of new financings across crypto, AI and financial infrastructure.

July 31 brought a dense mix of crypto, equity-market, and policy headlines. On the corporate side, Coinbase reported $1.22 billion in second-quarter revenue, down 14% from the prior quarter and below the $1.29 billion expected by the market, while Strategy posted an $8.2 billion quarterly loss tied mainly to unrealized losses on its Bitcoin holdings and said it held 843,775 BTC at the latest disclosure. In one of the day’s most closely watched cross-market stories, people familiar with the matter said Citadel had acquired most of the equity portfolio of Situational Awareness, the $24 billion hedge fund founded by former OpenAI researcher Leopold Aschenbrenner, after losses tied to AI-related trades. Elsewhere, Aave said it would retire 50 low-adoption reserves and wind down deployments on six chains, Uniswap launched a beta product for token launches, and ENS DAO proposed creating a full-time operating foundation. On the policy front, U.S. senators submitted a new compromise proposal tied to ethics provisions in the Clarity Act, while South Korea said it had completed a draft digital asset framework bill and is also considering rules that could cover AI agent payments and suspicious-account payment freezes.

Bitcoin's current bear market has lasted 233 days with a 51.2% peak-to-trough decline, the mildest since 2014. The 200-day MA at $76,450 remains 22% above spot price.

Trust Wallet centers its security model on self-custody, local private key encryption, and 12-word recovery phrases. The review also outlines a 2022 software vulnerability and a 2023 social engineering theft involving a wallet user.

Strategy announced a new capital framework with $1B MSTR buybacks, $1B STRC buybacks, $2.55B cash buffer, and up to $1.25B BTC sale. Post-market shares surged over 12%. Analysts are divided on whether feedback loop risks persist.

A lawsuit from Terraform Labs against Jane Street helped spark a sharp crypto rebound, with total market value rising about $200 billion in 48 hours and Bitcoin briefly moving above $70,000.

BitMEX co-founder Arthur Hayes attributes Bitcoin's plunge to institutional hedge unwinding around BlackRock's IBIT ETF. Parker White points to Hong Kong hedge funds' leveraged options and yen carry trade. IBIT saw record $10.7B trading volume and $900M options premium.