
Stablecoin Supply Contracts for the First Time in Four Years
Stablecoin supply sat near $300 billion in late July, about 3% below its May peak and the market's first contraction since the Terra collapse of 2022.
Altcoins, ETH & general crypto

Stablecoin supply sat near $300 billion in late July, about 3% below its May peak and the market's first contraction since the Terra collapse of 2022.

Amanah Advisors certified Tether's gold-backed XAUโฎ as Shariah compliant, opening it to Islamic banks. Two sources give different figures for the token's size.

EUL rose roughly 69% to 74% after Upbit opened a Korean won market on Sunday, on more than $200 million of volume. One count put the move at 91%.

BitMEX said on July 23 it would close after 11 years; BitMart followed on July 26 after nine. Both set withdrawal deadlines, and BMX fell 58%.

Bitcoin held a $63,700 to $65,406 band as the day's digests disagreed on the print, and 97.2% of its liquidations fell on longs.

Futu opened a real-time BNB order book under the SFC's virtual asset regime, restricted to Professional Investors holding at least HK$8 million.

Bitcoin settled at $64,062 with prices barely moving, but DOGE futures open interest neared 16B tokens and ether's hit 14.53M ETH โ the most since June 7.

CFTC staff told exchanges to stop bundling event contracts into template self-certifications. Letter 26-22 requires each to be filed in full under Rule 40.2.

Triple-A's hot wallets were drained across six chains and bridged into one Ethereum address. Published loss counts range from $9.3 million to about $12 million.

Bitcoin held $65,674 inside a week-long $64,000โ$66,800 range, futures open interest fell to 743K BTC, and WLFI led the movers with a 12.18% gain.

Abu Dhabi's Mubadala Capital put one of its private-markets strategies onchain with about $75M at launch, and Coinbase took exposure on its own balance sheet.

Mirae Asset Consulting holds 97.15% of Korbit, the first time an affiliate of a traditional Korean financial group has controlled a domestic crypto exchange.