According to PANews, the nomination process for Brian Quintenz as the new chair of the Commodity Futures Trading Commission (CFTC) may face further delays. U.S. President Donald Trump had put forward Quintenz's name for the position, but it has been removed from the agenda of the Senate Committee on Agriculture, Nutrition, and Forestry. Quintenz, who previously served as a CFTC commissioner, is currently the head of policy for the crypto division at the venture capital firm Andreessen Horowitz (a16z). His name was also unexpectedly withdrawn from the voting list during another meeting of the same committee last week. Although no official reason has been provided for the removal, there is widespread speculation that his nomination might be encountering issues.

"Is Hyperliquid (HYPE) on the brink of surpassing its all-time high price, potentially indicating a significant surge in value and interest among investors and traders in the cryptocurrency market?" source: https://blocknews.com/is-hyperliquid-hype-about-to-blow-past-its-all-time-high/

The global cryptocurrency market cap now stands at $3.95T, up by 1.55% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $117,428 and $119,273 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $118,892, up by 0.05%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include OMNI, CFX, and BANANAS31, up by 138%, 42%, and 20%, respectively. Top stories of the day: CoinShares Launches Zero-Fee SEI ETP on Swiss Exchange Ethereum's Reset Value Estimated at $60,000 by Bitmine Federal Reserve Officials Divided on Future Rate Cuts Ether's Institutional Demand Grows Amid Market Correction Expert Predicts U.S. Government May Invest in Cryptocurrency Treehouse (TREE) Launches on Binance HODLer Airdrops — Here’s How to Earn TREE Bitcoin News Today: ‘Biggest Trade Deal Ever’ — 5 Things to Know in Bitcoin This Week Crypto News Today: Crypto Investment Products See $1.9B Inflows for 15th Week, Ether ETPs Lead Surge US Dollar Index Rises to 97.83 as Euro and Pound Slip Australian Dollar Poised to Climb 3% by Year-End as Fed Rate Cut Bets Weigh on USD Bitcoin News Today: Bitcoin Pullback to $111,673 Could Offer Better Entry Point, Says 10x Research Crypto News Today: CryptoQuant Analyst Predicts Bitcoin Market Cycle Top by September 10 Markets See 65% Chance of ECB Rate Cut in December, Bets Rise for 2026 Binance Wealth Management Launches RWUSD Principal-Protected Product With Up to 4.2% Yield Ethereum Strategic Reserve Reaches $9.11 Billion Supported by 63 Entities Crypto News: Why Is the Crypto Market Going Up Today? BNB Hits New ATH as ETH and XRP Surge Naoris Protocol (NAORIS) to Launch on Binance Alpha and Binance Futures on July 31 BNB News: BNB Smashes New All-Time High at $855 — Is $1,000 Next? Binance News x Band Protocol: How BandChain v3 Powers Cross-Chain Data for DeFi, RWAs & AI Market movers: ETH: $3874.23 (-0.19%) XRP: $3.1619 (-2.93%) BNB: $827.64 (-3.61%) SOL: $185.05 (-3.86%) DOGE: $0.22968 (-4.89%) TRX: $0.3323 (+2.97%) ADA: $0.8027 (-3.68%) WBTC: $118827.76 (+0.06%) XLM: $0.4304 (-3.13%) SUI: $3.9547 (-6.53%) Top gainers on Binance: OMNI/USDT (+138%) CFX/USDT (+42%) BANANAS31/USDT (+20%)

UAE-based RAKBANK launched its crypto brokerage service via its mobile app for retail customers, thus enabling crypto trading for its customers. source: https://www.cryptopolitan.com/uae-rakbank-now-offers-direct-crypto-trading/

Shiba Inu might add another zero to its price due to unexpected entry denial at important price threshold source: https://u.today/shiba-inu-shib-to-add-zero-0000015-lost

أعلن بنك رأس الخيمة الوطني، أحد أقدم البنوك العاملة في دولة الإمارات العربية المتحدة، عن شراكة استراتيجية مع منصة “Bitpanda” النمساوية، تتيح من خلالها لعملائه الأفراد إمكانية الوصول إلى العملات الرقمية بشكل مباشر عبر تطبيق الخدمات المصرفية التابع للبنك. source: https://arab-btc.net/rakbank-offers-retail-customers-crypto-with-bitpanda/

According to the announcement from Binance, the platform is set to launch a special promotion for users in South Asia, offering a chance to share $120,000 in HUMA token vouchers. The promotion will run from 2025-07-30 08:00 (UTC) to 2025-08-12 23:59 (UTC). Eligible participants include verified users from specified South Asian regions who meet certain criteria. These criteria include users who have never engaged in Spot, Convert, Futures, or Margin trading on Binance, or those whose last trade in these categories was completed at least 30 days before the promotion start date. To participate, the first 100,000 eligible and verified South Asia users must complete two tasks during the promotion period. Task 1 requires a crypto deposit of at least $10 equivalent, while Task 2 involves trading at least $9 equivalent on any Binance Spot, Convert, or Futures trading pair. Successful completion of these tasks will earn participants 30 HUMA in token vouchers, distributed on a first-come, first-served basis. It is important to note that deposits from another Binance Wallet or P2P deposits will not count towards the deposit task. Only deposits from external applications or wallets are considered valid for this promotion. Binance emphasizes that only verified users in South Asia are eligible for this promotion. HUMA tokens will be credited within 30 to 48 hours after task completion, and the vouchers will be valid for 30 days post-distribution. Users must claim their vouchers before expiration. Binance reserves the right to disqualify participants who engage in dishonest activities or violate the platform's terms. Sub-accounts and trades completed through them are not eligible for this promotion. Binance retains the right to interpret the promotion's terms and conditions.

According to PANews, South Korean internet bank K-Bank has established a special task force focused on digital assets, particularly stablecoins. This initiative aims to develop financial services centered around stablecoins. The task force comprises six experts who are members of the Stablecoin Association. Their responsibilities include monitoring technological and regulatory developments related to digital assets, including stablecoins. Additionally, the team will design business models for stablecoins and formulate strategies for launching these services in the market.

A crypto analyst who nailed Bitcoin’s pre-halving correction last year believes that BTC is poised to ignite fresh rallies. Pseudonymous analyst Rekt Capital tells his 553,600 followers on the social media platform X that Bitcoin needed a weekly candle close above $119,200 to trigger a breakout from a bullish continuation pattern. source: https://dailyhodl.com/2025/07/29/analyst-who-predicted-bitcoins-2024-pre-halving-crash-says-new-btc-breakout-is-coming-heres-why/

According to Cointelegraph, the Chicago Board Options Exchange (CBOE) has submitted a filing to list shares of Canary Capital’s proposed staked Injective exchange-traded fund (ETF). This move marks another step in the expansion of regulated crypto investment products in the United States. The CBOE's 19b-4 filing was submitted shortly after Canary Capital filed an S-1 application for a staked Injective (INJ) token fund with the U.S. Securities and Exchange Commission (SEC). The fund aims to generate staking rewards by providing validation services through an approved staking platform. If approved, it would become the third staked altcoin ETF, following the staked Solana (SOL) and staked Ether (ETH) ETFs approved on June 30. The filing occurs in a regulatory environment that has become more favorable under the administration of U.S. President Donald Trump, who has supported innovation in crypto-based investment vehicles. The SEC has not yet formally acknowledged the ETF filings from Canary Capital and the CBOE. Once acknowledged, the SEC will set key deadlines for an initial response, typically between 30 and 45 days, or early September. However, the complete review period can extend up to 240 days, meaning the final decision on the staked INJ ETF may not arrive until March 2026. In a significant decision in May, the SEC ruled that staking does not violate securities laws, a move seen as a major step forward for the U.S. cryptocurrency industry. Alison Mangiero, head of staking policy at the Crypto Council for Innovation, noted that the SEC's recognition of staking as a core component of modern blockchains, rather than an investment contract, provides critical clarity. If approved, Canary Capital’s ETF would offer traditional investors exposure to the Injective protocol’s governance token, potentially enhancing liquidity and visibility for the asset. The ETF inflows could help the utility token regain its previous all-time high of $52, recorded over a year ago on March 14, 2024. However, the token remains over 71% below its previous peak, trading at $15.10 at the time of writing. For Bitcoin (BTC), ETF inflows accounted for about 75% of new investment when its price rose above $50,000 in February 2024 following the approval of the first U.S. spot BTC ETFs. In contrast, the market response to Ethereum’s spot ETF has been more subdued, with Ether’s price falling over 38% in the two weeks after the spot ETFs debuted for trading in the U.S., before beginning to recover. The outflows from Grayscale’s Ether ETF (ETHE) have added significant selling pressure for the world’s second-largest cryptocurrency, with the fund realizing over $4.3 billion worth of net negative outflows to date.

Airdrop season on The Open Network is nearly here, and developers admit that demand could get the better of the Telegram-linked network.

The Open Network (TON) has surpassed 1 billion transactions, driven by its integration with Telegram and a surge in activity from the DOGS airdrop token. Despite its rapid growth and high user engagement, TON faced technical issues and network disruptions due to the intense demand from DOGS transactions.

Pavel Durov's arrest caused a sharp drop in Toncoin's value and shook investor confidence in Telegram's blockchain projects. Meanwhile, a trader made a 400% profit by capitalising on the buzz around the DOGS token within the Telegram ecosystem.