Seiji Kihara said Japan’s two-times leverage limit on cryptocurrency trading is overly restrictive. Kihara pledged to pursue regulatory easing after speaking at a financial summit in Tokyo.
Changpeng Zhao Says Investors Need to Understand DCA
Changpeng Zhao said investors cannot build wealth without understanding Dollar-Cost Averaging. Zhao made the comment after asking followers whether bull or bear markets offer better entry points for long-term holding. His July 24 question drew over 1.8 million views within two days.
SoftBank Group’s $40 billion bridge loan for its OpenAI investment attracted 21 new lending institutions. Sources familiar with the matter said the new lenders secured approximately $7 billion of the loan facility.
An Iranian official said Iran intercepted six vessels near the Strait of Hormuz on July 27 local time. The official said the vessels had shut down navigation and positioning systems before attempting to cross the waterway.
PPP Prediction Market Tool monitoring shows the Polymarket probability of an effective US-Iran ceasefire before July 31 rose to 59%. The probability increased 19% in a single day.
The Social Security Administration will likely raise benefits by 3.8% for the 2027 COLA, based on forecasts from The Senior Citizens League and Mary Johnson. The Senior Citizens League projects the average retired worker benefit would rise by about $77 a month.
Santiment recorded 68 MORPHO whale transactions above $100,000 on Saturday, the highest daily count since October 2, 2025. Upbit opened a KRW trading pair that evening, and MORPHO later cooled to near $1.99 after reaching $2.17.
Bitcoin Reclaims $65,000 as U.S. and Iran Pause Strikes; Oil Drops 5%
Bitcoin moved back above $65,000 after the United States and Iran paused military strikes for a second consecutive day. Bitcoin rose about 1.2% over 24 hours. WTI futures traded about 5% lower at $85. Iran reportedly said it would continue to halt airstrikes as long as the United States did the same.
An anonymous whale withdrew 281,140 LINK worth about $2.45 million from Binance. Onchain Lens said exchange outflows are typically interpreted as accumulation.
On-chain analyst Ai Yi said a whale withdrew another 120 WBTC, worth approximately $7.8 million, from an exchange over the past two hours. The whale has accumulated 59,400 ETH and 820 WBTC since July, with a total value of $156 million.
Goldman Sachs Flags Korea Stock Volatility as Leveraged ETF Size Halves
Goldman Sachs said KOSPI fell about 2% last week despite foreign buying and stronger AI capital expenditure expectations. The firm said leveraged ETF size dropped from $53 billion to $26 billion. Goldman Sachs also said KOSPI's expected EPS for the next 12 months was lowered by 0.4%.
Samsung Electronics and SK Hynix signed a combined $950 billion in AI chip supply deals with Nvidia and Broadcom. SK Hynix shares fell 11.38% over five sessions, while Samsung extended a 10.05% five-day slide.
Brazil Police Freeze $196M in Crypto Laundering Case
Brazil’s federal police arrested a drug trafficking ring accused of laundering money through cryptocurrency and seized and froze $196 million in assets. Police said the group is suspected of smuggling more than 6.5 tons of cocaine to Europe through Rio de Janeiro’s port since 2021.
Brazilian Federal Police seized and froze up to 1 billion Brazilian reais, about $196 million, in Operation Commodity. Police said a drug trafficking gang used cryptocurrencies, shell companies, and a luxury car dealership to conceal transactions.
SoSoValue data shows HYPE spot ETFs recorded $8.6111 million in net outflows during last week's trading days. Bitwise ETF BHYP had the largest weekly net outflow at $6.8882 million.
SoSoValue data shows XRP spot ETFs recorded $8.1526 million in net inflows last trading week. Franklin Templeton ETF XRPZ led with $5.6617 million in weekly net inflows.