Global markets declined as underwhelming corporate earnings and surging oil prices weighed on investor sentiment, with the Dow Jones (-0.46%), S&P 500 (-0.38%), and Nasdaq (-0.38%) all closing lower amid uncertainty over US-China trade negotiations that concluded without clarity on extending the current truce set to expire in mid-August. European markets rose despite the global decline, with Germany's DAX gaining over 1% for a second day after a US-EU trade deal was less damaging than expected, while Novo Nordisk crashed 23% on a profit warning and new CEO appointment. The Fed's interest rate decision due today is widely expected to hold rates steady, with markets focusing on the post-meeting press conference for insights into the board's outlook and potential timing for future cuts.

The global market cap is down 0.75% over the past 24 hours to $3.88tn. The 24h volume also decreased 4.35% to $166.42bn.

  • In the past 24 hours, crypto liquidations decreased by 32% and totaled $295.28m, with 73% of them long positions. ETH liquidated positions made up 25.7% of all liquidated positions.
Source: Coinglass
  • According to data from SoSo Value, Bitcoin ETFs recorded $79.98 million in net inflows on July 29, 2025, representing a 49% decline from the previous day's $157.02 million as institutional demand cooled following the recent surge in Bitcoin prices, with BlackRock's IBIT continuing to dominate flows with $157.55 million while facing headwinds from significant outflows led by Grayscale's GBTC at $48.97 million, Bitwise's BITB at $26.22 million, and Ark's ARKB at $8.20 million. Trading volume moderated to $3.39 billion and total net assets reached $152.71 billion with cumulative inflows now standing at $55.06 billion since launch. Weekly flows have notably cooled from the explosive mid-July period, with the week ending July 29 recording $237 million in inflows compared to just $72 million the previous week, marking a significant deceleration from the record-breaking weeks ending July 18 and July 11 that saw $2.39 billion and $2.72 billion respectively.
US BTC Spot ETFs. Source: SoSo Value
  • According to data from SoSo Value, Ethereum ETFs recorded $218.64 million in net inflows on July 29, 2025, representing a substantial 235% surge from the previous day's $65.14 million as institutional appetite for Ethereum exposure remained robust, driven entirely by BlackRock's ETHA with $223.73 million in inflows while all other major funds recorded zero flows except for 21Shares' CETH which posted a modest $5.09 million outflow, as trading volume reached $1.58 billion and total net assets climbed to $21.61 billion with cumulative inflows now totaling $9.62 billion since launch. Weekly flows have moderated from the explosive mid-July surge, with the week ending July 29 recording $283.79 million compared to $1.85 billion the previous week, marking a significant deceleration from the peak weeks ending July 18 and July 11 that saw $2.18 billion and $908 million respectively.
US ETH Spot ETFs. Source: SoSo Value
  • Corporations have accumulated approximately 1% of all ether since June, with Standard Chartered predicting this could rise to 10% as institutional appetite for ether continues to grow, driven by increasing investment from mainstream financial entities.
  • An attacker exploited a critical and easily detectable access control bug in SuperRare's staking contract to steal $731,000 in rare tokens, highlighting a significant security lapse that could have been prevented with basic testing.
  • Strategy completed the largest U.S. IPO of 2025 on July 30, 2025, raising $2.5 billion through its newly created STRC perpetual preferred stock offering that pays a floating monthly dividend starting at 9%, and used the proceeds to purchase 21,021 bitcoins at an average price of $117,256, bringing the company's total bitcoin treasury to 628,791 bitcoins now worth over $74 billion at current prices, with STRC shares beginning trading on Nasdaq Wednesday.
  • Strategy has completed a $2.52 billion initial public offering (IPO) of its STRC preferred stock and announced on Jul 29 that it used the proceeds to purchase 21,021 bitcoins at an average price of $117,256 per BTC, bringing the company's total bitcoin treasury to 628,791 bitcoins now worth over $74 billion at current prices, with STRC shares beginning trading on Nasdaq Wednesday.
  • eToro announced plans to tokenize the 100 most popular US stocks and ETFs as ERC-20 tokens on Ethereum, enabling 24/5 trading and allowing users to transfer the assets to self-custody wallets or DeFi protocols.
  • Twenty One Capital, supported by Cantor Fitzgerald, Tether, and SoftBank, has accumulated over 43,500 Bitcoins, exceeding initial expectations, as reported by Bloomberg.
  • Bitcoin's value remained stable despite Galaxy Digital moving another 3,782 bitcoins worth approximately $450 million to exchanges, showing the market has become more resilient to large institutional sales after last week's 80,000 bitcoin transaction briefly pushed prices down to $114,500.
  • RAKBANK became the first conventional bank in the UAE to offer crypto trading services to retail customers through a partnership with Bitpanda, allowing customers to buy, sell, and swap cryptocurrencies directly through the bank's mobile app using AED to avoid forex fees, with the service currently available by invitation only.