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Telegram CEO Pavel Durov said on his channel that Russia had designated him a terrorist after he refused demands for mass surveillance and censorship of Telegram. Durov also criticized what he described as a ban under Russian law on posting information online, adding that Russian officials appeared to be confused about who can block whom on the internet. CoinNess previously reported that Russia had issued an arrest warrant for Durov on allegations of tolerating and supporting terrorism.

U.S. Treasury Secretary Scott Bessent said on X that the U.S. Senate should immediately hold a vote on the Clarity Act. Bessent said more than a year has passed since the House approved the Clarity Act, and while there has been progress since then, it is disappointing that Democrats continue to make a political choice as the United States stands on the verge of a win that could strengthen its leadership in the crypto industry. He added that many Democratic lawmakers have received millions of dollars in funding from the crypto industry. Bessent said the United States would lead the industry if the Clarity Act passes, but would not if it fails to pass. He also invoked Satoshi’s words, saying, "If you don't believe me or don't get it, I don't have time to try to convince you, sorry."

Dragonfly Managing Partner Haseeb said today’s AI boom would likely not have been possible without cryptocurrency. Haseeb said the claim may sound strange but is close to the truth, arguing that the buildout of data centers powering AI today would have been impossible without the expertise developed by Bitcoin miners. Haseeb added Nvidia also might not have been able to move beyond gaming into specialized computing chips without using the crypto mining industry as a bridge, and said many of the world’s largest neocloud providers, or AI-focused cloud companies, started out in crypto mining.

Chainalysis said in a new report that on-chain transaction volume tied to the 2026 FIFA World Cup in North America reached about $20 billion across prediction markets and NFTs. According to the report, total World Cup-related prediction market volume exceeded $20 billion, while NFT trading topped $24 million. Around 400,000 wallets interacted with blockchain-based prediction markets, and $5.7 billion in volume was recorded during the tournament alone. Chainalysis added that HTX, an exchange with Chinese roots, was the largest source of illicit funds flowing into World Cup-related prediction markets by transaction volume, and noted that HTX had previously been sanctioned by UK and EU authorities over allegations it facilitated Russia-related funds.

Ondo Finance is considering a potential corporate acquisition worth as much as $500 million, CoinDesk reported, citing sources familiar with the matter. Amid rising merger-and-acquisition activity in the crypto infrastructure market, Ondo is reviewing expansion opportunities through deals and is examining targets valued between $250 million and $500 million, according to the report. CoinDesk said the matter remains private and Ondo has not yet appointed a formal adviser. The company is considering wealthtech firms among potential targets. In response to CoinDesk's inquiry, Ondo said as a fast-growing company, it continuously evaluates the market as part of its normal business operations and is not currently in talks with any party.

GoMining launches Bitcoin trading and custody services for U.S. users Bitcoin mining company GoMining has launched Bitcoin trading and custody services through a partnership with crypto trading platform Uphold, U.Today reported. The service is initially available only to users in the United States. GoMining said the partnership reflects "our goal of expanding into a more comprehensive ecosystem for Bitcoin financial services."

ETH faces heavy buying and selling pressure below key resistance levels after a strong rebound in June, slowing its upward momentum, according to CryptoPotato. On the daily chart, ETH is trading below its 100-day and 200-day moving averages, indicating the medium- to long-term trend remains tilted to the downside, the outlet said. It added that the recent rebound stalled below the 100-day moving average near $1,950, where selling pressure quickly emerged. On the four-hour chart, ETH is moving within a consolidation range, with no clear short-term direction yet.

Bitcoin has yet to show signs of capitulation selling in on-chain data, suggesting the market is either in a mild correction or could face further downside, according to CryptoQuant research analyst Julio Moreno. Moreno said Bitcoin holders over the past year have realized losses totaling about 136,000 BTC, referring to on-chain stop-loss selling as realized loss. In previous cycles, Bitcoin formed a price bottom when annual realized losses reached 1.3 million BTC to 3.7 million BTC. Moreno added there is still no selling signal that could be seen as capitulation, which could mean either this is the cycle with the smallest amount of on-chain stop-loss selling or the market remains far from a bottom.

Anonymous whale accumulates $184M in ETH and WBTC over past month An anonymous whale address beginning with 0x2684 accumulated 1,050 WBTC worth $67.49 million and 66,345.5 ETH worth $116.62 million over the past month, according to a Lookonchain analysis. The whale’s average purchase price was $64,227 for WBTC and $1,758 for ETH. The address is now sitting on about $10.8 million in unrealized profit on those WBTC and ETH positions.

JPMorgan said delays to the U.S. Clarity Act, a market structure bill for cryptocurrencies, are adding downside pressure to the crypto market as the chances of Senate passage this year decline, according to CoinDesk. In a recent report, JPMorgan said the Clarity Act had been expected to establish a clear regulatory framework for crypto and encourage banks and asset managers to enter the market. But as the bill’s progress stalls, one of the market’s key bullish catalysts is weakening, the bank said. Prediction markets now put the odds of the Clarity Act passing this year at 37%, it added. JPMorgan also warned that the longer congressional passage is delayed, the greater the risk that the benefits of growth in tokenization and blockchain-based applications will be absorbed by traditional financial market infrastructure rather than public crypto networks.

A $116 million Bitcoin transfer moved 1,800 BTC from Kraken to an unknown wallet, according to Whale Alert data. Exchange outflows are typically interpreted as a sign of holding intent.

Wintermute said broad-based "altseason" rallies, in which many altcoins rise together, are likely to become less common as institutional investors take a larger share of the crypto market, according to CoinDesk. CoinDesk reported that institutional investors accounted for a record 72% of spot OTC trading volume at crypto market maker and over-the-counter trading platform Wintermute in the first half of this year, up from about 61% in the second half of last year. Wintermute said capital driving market trends is concentrating in a small number of tokens and trading is becoming more selective. The firm added that tokenized real-world assets reached $31 billion in the first half, up about 50%, while average monthly transfer volume more than doubled to $9 billion. Institutional use of tokenized assets was concentrated in U.S. Treasuries, money market funds, and private credit, Wintermute said.

Kraken Institutional, the institutional-investor arm of U.S. crypto exchange Kraken, has signed a memorandum of understanding with Bitcoin infrastructure project VerifiedX to support qualified custody for vBTC, Wu Blockchain reported on July 30. The two sides plan to create an environment that allows institutional investors to hold and use programmable Bitcoin, or vBTC, in a regulatory-compliant manner. According to VerifiedX, vBTC is fully backed by Bitcoin and can be redeemed for BTC at any time through the protocol.

Binance Research said the on-chain market broadly contracted in the first half of 2026, with DeFi total value locked falling 38% and the market capitalization of major layer-one blockchains dropping 42%. According to the report, total DeFi TVL declined by $43.4 billion, while the market capitalization of the six largest layer-one chains fell by $246.5 billion. Ethereum’s average gas fees dropped 75% from a year earlier after a higher gas limit, and transaction volume rose 50%, but network revenue is estimated to decline 53% on an annual basis. The report added that layer-two user activity also fell 77% between January and June. It added that, in contrast to the DeFi slowdown, the first half also saw rapid growth in the real-world asset market led by tokenized stocks, along with higher prediction-market trading volume tied to the World Cup.

The Major Cities Chiefs Association backed the CLARITY Act, citing added law enforcement provisions including coverage for state and local investigative agencies, formalized information-sharing with financial institutions and digital asset firms, and stronger anti-money laundering and suspicious transaction reporting requirements. In a letter to the Senate, the association also said provisions on research into crypto mixers, temporary freezes on suspicious transactions, and fraud prevention measures for crypto kiosks would strengthen investigative capabilities, improve industry accountability, and help protect victims of financial fraud.

US stocks open higher The three major U.S. stock indices opened higher today. - S&P 500: +0.9% - Nasdaq: +1.6% - Dow Jones: +0.58%

Robinhood announced the addition of Fetch.ai (FET).

Aviva Investors launches tokenized U.S. dollar liquidity fund on XRPL Aviva Investors, the asset management arm of UK insurer Aviva, has launched a tokenized version of its U.S. dollar liquidity fund on the XRP Ledger, Cointelegraph said on its official X account. Aviva partnered with Ripple in February.

U.S. Republicans and Democrats have reached a compromise on the ethics provisions of the CLARITY Act, though the details have not been disclosed and the proposal has not received White House approval, CoinDesk reported, citing an anonymous source. According to the report, Republican Sen. Thom Tillis and Democratic Sen. Ruben Gallego worked out the compromise. CoinDesk said the key question is whether the Senate can begin cloture procedures and move to a vote during the remaining week before the August recess. Senate Majority Leader John Thune is said to be willing to proceed with a vote depending on Democratic cooperation. The report added that DeFi regulation and stablecoin interest remain major sticking points, while it is also unclear whether the bill can secure the 60 votes needed for passage. If no deal is reached before the recess, consideration of the bill is expected to slip to September.

Quantum Solutions, a Japan-listed company that had been buying Ethereum, announced it sold 1,000 ETH worth $1.9 million through a subsidiary. The proceeds will be used for AI data center construction and infrastructure projects.

U.S. core PCE rises 0.1% in June, below forecast U.S. core personal consumption expenditures prices rose 0.1% month over month in June, below the 0.2% increase expected by economists, according to the U.S. Bureau of Economic Analysis. On a year-over-year basis, the index rose 3.3%, matching forecasts. The core PCE price index, which excludes volatile energy and food prices, is widely viewed as a key inflation gauge for the Federal Reserve. A reading above expectations can weaken expectations for Fed rate cuts, while a softer-than-expected figure can be interpreted as a sign of easing inflation and strengthen expectations for rate cuts. Risk assets generally tend to rise when expectations grow for greater liquidity tied to lower interest rates.

Spain’s largest bank Banco Santander held $4.3 million worth of BlackRock’s spot Bitcoin ETF IBIT as of the second quarter, Bitcoin Magazine reported.

Fortitude, a mining subsidiary of Digital Currency Group, announced a deal to buy 9,000 Bitmain Antminer Z15 Pro mining rigs for $31.5 million for Zcash mining, at $3,499 per unit. The company also plans to go public through a merger with Nasdaq-listed HeartSciences (HSCS) in the second half, with the combined company expected to trade under the ticker TUDE if the deal closes.

According to CoinNess market monitoring, BTC has risen above $65,000. BTC is trading at $65,003.99 on the Binance USDT market.

Bank of England Governor Andrew Bailey said interest rates may need to rise if the conflict persists. The Bank of England had held its benchmark rate steady at 3.75% earlier that day.