Crypto markets on July 22 were shaped by a mix of price action, regulatory developments, project updates, and financing news. Among the most-traded assets on centralized exchanges, BTC rose 1.77%, ETH gained 1.27%, XRP added 2.68%, and ADA climbed 2.47%, while DEXE fell 83.73%. OKX data showed NIGHT leading the 24-hour gainers at 27.05%, and msx.com’s crypto-equity board was led by GREE.M at 42.25%. The day’s headline items centered on Kalshi and Movement Labs. Kalshi has reportedly filed with the U.S. Commodity Futures Trading Commission to launch gold-linked perpetual futures. Movement Labs, the developer behind the Movement blockchain, filed for Chapter 11 bankruptcy protection after earlier scrutiny over a market-making agreement that allowed the rapid sale of 66 million MOVE tokens, followed by a sharp price drop, an investigation, and a token buyback. Other developments included SpaceX setting Aug. 4 for its 2026 second-quarter earnings release, with insider share unlocks due to begin two days later; the U.S. Department of Justice seizing more than $25 million in crypto tied to alleged cross-border investment fraud; Polymarket registering a standalone X account for Polymarket Perps; Robinhood opening trading accounts to AI agents; and Telegram founder Pavel Durov saying Telegram plans to roll out a native self-custodial Gram wallet across all apps this summer.

MGBX will launch perpetual contract trading for SKHYUSDT and SNXXUSDT at 18:00 SGT on July 13, 2026, according to an official announcement cited by Odaily. The exchange said the two contract pairs will open for trading at the same time. MGBX also disclosed the maximum leverage available for each market: up to 50x for SKHY and up to 25x for SNXX. No additional details were provided in the announcement excerpt.

Morgan Stanley Investment Management has launched a stablecoin reserve fund for compliant issuer reserves, extending its digital asset strategy after entering the bitcoin ETF market and advancing tokenization initiatives.

Morgan Stanley Investment Management has introduced a money market fund tailored for stablecoin issuers, aiming to meet reserve requirements under the GENIUS Act with capital preservation, daily liquidity, and a stable $1 NAV.

Morgan Stanley Investment Management has launched MSNXX, a money market fund designed for stablecoin issuers seeking compliant reserve management under the GENIUS Act, focusing on capital preservation, daily liquidity, and a stable $1 NAV.

Morgan Stanley Investment Management has introduced the Stablecoin Reserves Portfolio, a money market fund designed to help stablecoin issuers meet reserve requirements under the GENIUS Act through cash, short-term Treasuries, and overnight repos.

Morgan Stanley Investment Management has launched a government money market fund for stablecoin issuers, aiming to capture reserve management demand as U.S. stablecoin regulation advances and the market reaches $316 billion.

Morgan Stanley Investment Management has launched a government money market fund for stablecoin issuers, aiming to provide regulated, liquid reserve management as the stablecoin market grows and U.S. regulation advances.