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.

July 28 brought a dense mix of crypto market moves, semiconductor headlines, AI developments, and regulatory updates. In equities tied to China’s chip sector, CXMT posted a 465.82% gain on its first trading day, with turnover topping RMB 140 billion and market capitalization reaching RMB 3.28 trillion. Separate reporting cited by The Information said a Shanghai state-backed company has started mass production of self-developed DUV lithography manufacturing equipment, with output planned at around five units in 2026 and about 20 in 2027; SMIC, Hua Hong Semiconductor, and CXMT were named as intended customers. In crypto, most of the highest-volume CEX tokens were down over the past 24 hours, while AEON led the OKX gainers list with an 84.28% rise. Hyperliquid data around the CXMT IPO drew attention after Allium said pre-listing volume reached $17.8 million and that 96% of smart-money accounts had established profitable shorts before the open. Elsewhere, Strategy disclosed its first buyback of Stretch STRC shares under its digital credit securities repurchase plan, and Triple-A’s reported exploit losses expanded to $11.8 million. On policy, BlackRock backed the CLARITY Act, but the U.S. Senate temporarily set the bill aside, while lawmakers in Japan called for easing the country’s 2x crypto leverage cap.

Binance said it will halt trading for several spot pairs, including SHIB/DOGE, at 08:00 UTC on Jan. 27, 2026. Spot Trading Bots tied to those pairs will end at the same time.

Bitcoin broke $68,000 on July 22, sparking a broad market rally. Ethereum reclaimed $2,100, while altcoins like PLAY surged over 42%, APR rose 37%, and PCI gained 32%, signaling intense speculative activity.

As the US debt ceiling debate intensifies, officials and commentators have revived the idea of minting a $1 trillion platinum coin to avert default. The proposal is seen by some as legally feasible, but critics call it an accounting gimmick.

Akon's Akoin cryptocurrency has started trading on Bittrex Global and is being piloted as a payment method in Kenya's Mwale Medical and Technology City, serving as a test ground for the $6 billion Akon City in Senegal, aiming for 1.5 million monthly transactions.

Senegalese-American singer Akon updates the progress of his $6 billion cryptocurrency-powered futuristic city in Senegal, Akon City. Resembling Wakanda from Black Panther, phase one aims for 2023 completion. At its core is the Stellar-based Akoin token, designed to help Africans overcome inflation and corruption.

KuCoin data shows Momentum (MMT) is 96.86% below its all-time high of $4.16 and 26.26% above its all-time low of $0.1. As of May 25, 2026, circulating supply stood at 204,095,424 MMT, against a maximum supply of 1 billion.