Crypto Pulse

Overview On July 27, China's memory-chip maker ChangXin Memory Technologies (CXMT) surged on its Shanghai STAR Market trading debut, turning a company familiar mostly to semiconductor insiders into the single most valuable listed firm on China's A-share market overnight. Per China Daily, by the midday break the stock was up about 531% from its 8.66 yuan offer price to 54.65 yuan, giving it a market value of 3.66 trillion yuan (about $541 billion), overtaking Industrial and Commercial Bank of Chi

Overview In the second half of July, several long-dormant early Bitcoin wallets reactivated on-chain within days of each other, pulling the market's attention back to an old question: whether ultra-low-cost coins sitting on multiples of unrealized profit are about to become real sell-side supply. Per Arkham tracking relayed by KuCoin, a wallet labeled "356my" that had not moved since October 2018 transferred 2,931 BTC to a new address on July 13, worth about $188 million at the roughly $64,000 p

Overview The US Bureau of Economic Analysis releases its second-quarter GDP advance estimate on July 30, and the same batch of data carries the inflation gauge the Federal Reserve watches most closely, June core personal consumption expenditures (core PCE). The market's focus is specific: growth and inflation, arriving together, will decide whether the soft-landing narrative still holds. Per the Philadelphia Fed's survey of professional forecasters, Q2 real GDP growth is projected near 2.1%, whi

Key TakeawaysHyperliquid (HYPE) trades in the low $60s at the time of writing, consolidating below its all time high near $76.70 as analysts debate whether a bounce back to $70 is in play.Decentralized perpetual exchanges now account for roughly 13.5% of total open interest, and Hyperliquid dominates the category with about two thirds of onchain perp volume and more than $4 billion in open interest of its own.The shutdowns of BitMEX and BitMart in the past week strengthen the migration narrative

Key TakeawaysThe Federal Reserve meets Tuesday and Wednesday, July 28 to 29, with the rate decision due at 2:00 p.m. ET Wednesday and Chair Kevin Warsh's press conference at 2:30 p.m.Markets price roughly 80% odds of a hold at 3.50% to 3.75%, but the June dot plot showed 9 of 18 officials projecting at least one hike this year, and odds of a move as soon as September have been climbing.Bitcoin (BTC) trades near $64,400 after rejecting $66,910 on July 21, with options positioning clustered around

Key TakeawaysBitMart announced on Sunday, July 26, 2026 that it will wind down its trading platform after nine years, with all trading ending August 26 and full closure on January 31, 2027. Its BMX token crashed nearly 60% within hours.The move came just three days after BitMEX, the exchange that invented the perpetual swap, said it will shut down on September 23 after an 11 year run, sending its BMEX token down roughly 90%.BitMart is the third centralized exchange to announce a closure this mon

Samsung has officially confirmed that Samsung Wallet will support stablecoins in the future, allowing users to manage digital assets alongside payment cards, digital IDs, event tickets, and other digital credentials within a single application. Although the company has yet to announce a launch date, the underlying blockchain, or its stablecoin partners, the inclusion of stablecoins in one of the world's most widely used digital wallets has attracted significant attention from both the technology

Overview The Bank of England delivers its next rate decision on July 30, and the market's focus has shifted from when the cuts come to whether a hike arrives first. The Monetary Policy Committee is widely expected to hold Bank Rate at 3.75%, with the market-implied probability of no change near 86% based on SONIA futures pricing compiled by centralbank.watch. The real point is that this is no ordinary meeting. July 30 is a Super Thursday, when the rate decision, the quarterly Monetary Policy Rep

Strategy, BlackRock, Fidelity Digital Assets, Coinbase, and five other leading organizations have officially launched the Bitcoin Security Consortium (BSC), committing a total of $15 million over the next three years to strengthen Bitcoin's long-term security, support open-source software development, and fund critical security research.One of the consortium's first priorities is advancing post-quantum cryptography research to prepare Bitcoin for a future in which quantum computers become powerf

Pavel Durov, the founder of Telegram, has announced plans to integrate a non-custodial cryptocurrency wallet directly into the Telegram app. The new wallet will allow users to send and receive Gram—the new name for Toncoin following the TON ecosystem’s rebranding—almost instantly and with zero transaction fees.Unlike the current Wallet bot, which is operated by an independent company and relies partially on a custodial model, the new wallet will be fully non-custodial, giving users complete cont