According to PANews on July 31, Onchain Lens reported that a whale or institutional address received another 32,855 ETH from FalconX, worth approximately $124 million. The wallet currently holds a total of 113,029 ETH, with a total value of approximately $430 million.

PANews reported on July 31st that according to The Block, Cboe BZX Exchange and NYSE Arca have submitted a new rule proposal to the U.S. Securities and Exchange Commission (SEC), proposing the establishment of universal listing standards for cryptocurrency ETFs to expedite the approval process for related products. Currently, exchanges are required to submit Form 19b-4, and the approval process can take up to 240 days. If approved, the new proposal will eliminate the need for separate applications for crypto ETFs that meet the criteria, potentially significantly shortening the time to market. According to a Cboe spokesperson, the SEC could make a decision within as little as 21 days. NYSE Arca has also simultaneously submitted a similar rule change application aimed at improving market efficiency and promoting competition.

PANews reported on July 31 that the Hong Kong Monetary Authority maintained its base interest rate at 4.75%, while the Federal Reserve remained on hold overnight.

PANews reported on July 31 that according to FinanceFeeds, Nancy Jones, the widow of the late American country singer George Jones, lost approximately $17 million in a cryptocurrency scam involving XRP. The case occurred in Tennessee, and Nancy's ex-boyfriend, Kirk West, allegedly exploited his access to Nancy's assets to steal over $400,000 in cash and a Ledger wallet containing over 5.5 million XRP tokens. Some of the stolen assets have been recovered, but approximately $1.5 million worth of cryptocurrency remains unaccounted for.

According to PANews on July 31st, U.S. SEC Chairman Paul Atkins stated in a statement that the recommendations put forward by the Presidential Working Group (PWG) were formed after months of collaboration among multiple agencies and from different perspectives. He emphasized that developing a regulatory framework for digital assets is the best way to stimulate innovation in the United States and reiterated his long-held views.

PANews reported on July 31st that US President Trump announced on social media that the United States has agreed to a comprehensive and complete trade agreement with South Korea. The agreement stipulates that South Korea will pay the United States $350 billion for US-owned and controlled investment projects, which will be personally selected by me as President. In addition, South Korea will purchase $100 billion in liquefied natural gas (LNG) or other energy products, and South Korea has agreed to invest a significant amount for its investment purposes. This amount will be announced during South Korean President Lee Jae-myung's visit to the White House in the next two weeks. Both sides also agreed that South Korea will fully open trade with the United States and accept American products, including cars and trucks, and agriculture. We have agreed to impose a 15% tariff on South Korea. The United States will not be subject to tariffs.

PANews reported on July 31st that, according to a Cboe BZX exchange filing, Invesco Galaxy has submitted an application to the Cboe BZX exchange in the United States to list and trade the Invesco Galaxy Solana ETF (Spot SOL Fund). The fund will track the spot price performance of Solana (SOL) and operate as a trust, aiming to provide U.S. investors with a regulated and transparent SOL investment channel. The document shows that the fund's assets only include SOL, cash and equivalents, and some SOL is allowed to be staked on the chain to obtain rewards. The application is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC).

PANews reported on July 31st that Coinbase Assets will list the Bio Protocol (BIO) on the Ethereum (ERC-20) network. Transfers of the asset are now available in regions supported by Coinbase and Coinbase Exchange. The BIO-USD trading pair will launch in phases starting at 9:00 AM Pacific Time on July 31st, subject to liquidity requirements. Restrictions may apply in some regions.

PANews reported on July 31st that Coinbase Assets announced that Coinbase will list ResearchCoin (RSC) on the Base network. Transfers of this asset are now available in regions where Coinbase and Coinbase Exchange support trading. The RSC-USD trading pair will launch in phases starting at 9:00 AM Pacific Time on July 31st, subject to liquidity requirements. Restrictions may apply in some regions. ResearchCoin is an independent research organization and is not affiliated with Coinbase.

PANews reported on July 31st that Robinhood's (HOOD.O) crypto revenue for Q2 2025 was $160 million, compared to market expectations of $162.1 million. Robinhood's monthly active users in the second quarter were 12.8 million, compared to market expectations of 14.25 million.

PANews reported on July 31 that Meta Platforms (META.O) had revenue of $47.52 billion in Q2 2025 (including $46.563 billion in advertising revenue in the second quarter), compared to $39.07 billion in the same period last year and the market expectation of $44.764 billion. Quarterly revenue exceeded expectations, and Meta's US stock price once soared 10% after the market closed. Meta Platforms (META.O) expects third-quarter revenue to be between $47.5 billion and $50.5 billion. The year-on-year revenue growth rate in the fourth quarter of 2025 is expected to be lower than that in the third quarter. In addition, Meta also raised the lower limit of its capital expenditure forecast range for fiscal 2025 as the company continues to increase investment in talent, infrastructure, data centers and energy to remain competitive in the rapidly developing AI race. Meta currently expects full-year capital expenditures to be between $66 billion and $72 billion, an increase from the previous forecast of $64 billion to $72 billion. In June 2025, Meta's average daily active users (DAP) reached 3.48 billion, a 6% year-over-year increase. Meta Platforms (META.O)'s AI monthly active users exceeded 1 billion.

PANews reported on July 31st that Scale AI competitor Surge AI is in talks to raise funds at a $25 billion valuation. Surge AI's revenue in 2024 is expected to reach $1.2 billion, surpassing Scale AI. According to sources familiar with the matter, the company's investors include A16Z and Warburg Pincus.

PANews reported on July 31st that, according to Jinshi, the Federal Reserve held its benchmark interest rate unchanged at 4.25%-4.50%, in line with market expectations and marking the fifth consecutive meeting where the Fed remained on hold. The decision was reportedly dissented by two Trump-appointed governors, Waller and Bowman, who both believed that current monetary policy was too tight. This marked the first time in over 30 years that two governors dissented. The FOMC voted 9-2 to maintain the benchmark overnight rate at 4.25%-4.50%, marking the fifth consecutive meeting where the Fed remained on hold. The Fed's statement stated, "The unemployment rate remains low, labor market conditions remain solid, and inflation remains moderately elevated." It also noted that economic growth "slowed somewhat" in the first half of the year, potentially strengthening the case for a rate cut at a future meeting if this trend persists. However, the statement also emphasized that "uncertainty about the economic outlook remains elevated" and noted risks to both inflation and employment targets. This language reflects the Fed's reluctance to cut rates hastily before the path of inflation and employment is clear.

PANews reported on July 31st that the White House released its long-awaited digital asset report, outlining a national strategy to position the United States for global leadership in blockchain, cryptocurrency markets, and tokenized finance. While the report covers a wide range of digital asset policy areas, it does not provide a substantive update on the government's planned Bitcoin reserve, merely reiterating the language in President Trump's January executive order without outlining next steps or a timeline for implementation. The report follows an executive order signed by President Trump in January establishing an interagency working group on digital assets and emerging technologies such as artificial intelligence. Led by David Sacks, White House Director of Cryptocurrency and Artificial Intelligence, and Executive Director Bo Hines, the 166-page document incorporates input from the Treasury Department, the Commerce Department, the U.S. Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC), and lays out proposals to streamline regulation, support innovation, and modernize regulations.The report recommends that Congress develop legislation to empower the Commodity Futures Trading Commission (CFTC) to regulate the spot market for non-security digital assets and support the development of decentralized finance (DeFi) technologies. The report also calls on the Securities and Exchange Commission (SEC) and the CFTC to use their existing authority to clarify regulatory rules for digital asset trading and promote the implementation of innovative financial products. Furthermore, the working group recommends that regulators promote digital asset-related innovation in the banking industry, implement a federal regulatory framework for stablecoins, and strengthen anti-money laundering regulations to safeguard national security. The report emphasizes the need for the United States to maintain its leading position in digital assets and blockchain technology through legislative and regulatory innovation.

The report rehashed many of the policy objectives touted by the Trump administration for regulating crypto in the United States.

Proposed filings aim to eliminate the need for individual ETF approvals and come a day after the SEC greenlit in-kind transactions for crypto funds.

PANews reported on July 31 that the OKX market showed that ETH had just fallen below $3,700 and was currently trading at $3,699.43 per coin, down 2.59% on the day.

PANews reported on July 31 that OKX market data showed that BTC had just fallen below $116,000 and was currently trading at $115,993.30 per coin, down 1.71% on the day.

PANews reported on July 31 that OKX market data showed that BTC had just fallen below $117,000 and was currently trading at $116,977.70 per coin, down 0.87% on the day.

The White House’s digital asset task force calls on regulators to clarify crypto trading rules and accelerate innovation, as a major crypto bill becomes law and two more head to the Senate.