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$134M in Bitcoin Longs Vaporized as BTC Breaks Below $63K Ahead of Fed Showdown
Bitcoin experienced a sharp sell-off on Tuesday, briefly dropping to an intraday low of $62,684 before partially recovering to trade around $63,600. Key TakeawaysBitcoin tumbled 2% on Tuesday, reaching an intraday low of $62,684 before rebobitcoin.comXRP Price Slides as Senate Drops Clarity Act and Fed Decision Looms
The global macro backdrop is as unfavorable as it's been all year for crypto markets. New Federal Reserve Chair Kevin Warsh, in only his second FOMC meeting, is widely expected to hold rates at 3.50%–3.75%, but CME FedWatch put hike odds neDecryptZcash Activates Ironwood Upgrade After Counterfeiting Scare
Weeks after a critical vulnerability sparked a market rout and raised questions about Zcash's supply, the privacy-focused cryptocurrency has activated Ironwood, an upgrade designed to ensure any counterfeit coins can never enter circulationDecryptThe Dumbest-Looking AI Prompt Just Beat Months of Careful Game-Design Prompt Engineering
Just two days after Claude Opus 5 shipped, AI investor and former HyperWrite CEO Matt Shumer posted a video of a fully playable first-person shooter the model had built entirely on its own. "Claude Opus 5 one-shotted this game," he wrote, aDecryptEmirates Launches Crypto.com Pay for Flight Bookings as Dubai Advances Cashless Strategy
Emirates has launched Crypto.com Pay on its website and mobile app, giving eligible UAE residents a new way to pay for flights priced and settled in Emirati dirhams. Key TakeawaysEmirates activated Crypto.com Pay for eligible UAE dirham boobitcoin.comOver 60 Crypto Firms and Projects Fold in 2026 as Bankruptcies, Bear Market and Hacks Rip Industry Apart
More than 60 cryptocurrency companies, blockchains, and decentralized finance (DeFi) protocols shut down or filed for bankruptcy between January and July 2026, a pace that accelerated sharply in the final weeks of July. Key TakeawaysOver 60bitcoin.comCoinidol.com: Ethereum Tests the $2,000 Psychological Level
Ethereum's price has reached the psychological mark of $2,000, but has failed to maintain its recent high.CoinIdolFirst ChatGPT, Now Claude: Frontier AI Models Are Escaping Their Sandboxes
Just a week after OpenAI disclosed that two frontier AI models escaped a sandboxed testing environment and breached Hugging Face, researchers have demonstrated a similar containment failure involving Anthropic's Claude Cowork. In a report pDecryptMorgan Stanley Launches Ether and Solana ETPs With Staking and Market-low Fees
Morgan Stanley has launched exchange-traded products tracking ether and solana, expanding a digital asset lineup that began with bitcoin. Their 0.14% fees and staking plans raise the competitive pressure on established crypto fund managers.bitcoin.comWhy the Bitcoin Rally Seems More Like a Bull Trap
Crypto markets opened the day red—and then got redder. South Korea's KOSPI index fell more than 8% at the open and triggered a circuit breaker, sending a risk-off shockwave through global markets before New York traders had finished their cDecryptGalaxy Digital Bets Big on AI With 500-Acre Texas Campus as GLXY Shares Slump 17%
Galaxy Digital has acquired roughly 500 acres in McGregor, Texas, marking the company’s second major data center investment in the state. Key TakeawaysGalaxy Digital acquired 500 acres in McGregor, Texas, for a new artificial intelligbitcoin.comArthur Hayes Buys $6.39 Million More ETH Despite a $301K Paper Loss: Here’s What He’s Betting on
Former BitMEX CEO Arthur Hayes bought another $6.39 million in ether (ETH), pushing his total purchases to 7,213 ETH even though the position sits roughly $301,000 underwater. The Maelstrom chief investment officer’s buying streak folbitcoin.comNigeria’s First SEC-Licensed Exchange, Quidax, Expands Stablecoin Infrastructure to Over 21 Countries
Lagos, Nigeria, July 28, 2026 – Quidax, the first digital assets exchange to receive a provisional licence from Nigeria’s Securities and Exchange Commission (SEC), today announced the expansion of its stablecoin infrastructurebitcoin.comRaoul Pal: Bitcoin’s 87% Correlation to Global Liquidity Beats Earnings and Headlines
Real Vision CEO Raoul Pal said bitcoin carries an 87% correlation to global liquidity, arguing the asset tracks the amount of money moving through the financial system rather than corporate earnings or the news cycle. Key TakeawaysRaoul Pabitcoin.comPrediction Markets Say Hold, Citadel Securities Says Fed Will Hike as Trump Pressures Central Bank
Federal funds futures traders are pricing a majority chance that the U.S. Federal Reserve holds rates steady this week, but trading activity beneath the headline tells a more nuanced story. Positioning has gradually shifted as Chair Kevin Wbitcoin.comBlackrock Pulls $11.75 Million Into ETHA as Ether Funds Outpace Bitcoin Again
U.S. spot ether ETFs attracted $9.23 million on Monday, while bitcoin funds recorded a third consecutive day of withdrawals. Solana and XRP products also posted modest gains, but HYPE ETFs continued to lose capital. Key TakeawaysBlackrock’sbitcoin.comMorning Minute: Strategy Chooses Cash, STRC Over BTC
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. GM! Today’s top news: Crypto majors and alts are very red; BTC -2.7% at $63.4k;Decrypt1inch's Shared Liquidity Layer Aqua Goes Live
1inch has opened Aqua, its shared DeFi liquidity layer, to all users, eight months after releasing it to developers only. "he protocol went live on Tuesday across 13 EVM chains, among them Ethereum, Arbitrum, Base, BNB Chain and Robinhood CDecryptX Money Goes Live in 41 States as Elizabeth Warren Warns Elon Musk’s Bank Ambitions Pose Risk
Elon Musk’s X Money left its invite-only testing phase on July 27, rolling out nationwide to U.S. Premium and Premium+ subscribers. The expansion pairs a Visa-branded debit card with up to $10 million in Federal Deposit Insurance Corpbitcoin.comCanton’s Decentralized App Layer Launches, Backed by $1M+ Foundation Grant
New York, United States, July 28th, 2026, Chainwire BitSafe has released infrastructure for builders launching decentralized financial applications on Canton Network. Backed by a Canton Foundation Development Fund grant of over $1 millionDecrypt
