PANews reported on July 31st that Eric Balchunas, senior ETF analyst at Bloomberg, stated on the X platform that 75% of investors who purchased BlackRock's spot Bitcoin ETF, "IBIT," were new to BlackRock. Furthermore, 27% of these investors subsequently purchased other iShares ETFs. This is a significant win for BlackRock across the board.

According to unfolded.com, citing Reuters, a U.S. appeals court overturned the fraud conviction of former OpenSea product manager Nathaniel Chastain, a case prosecutors called the first insider trading case involving digital assets.

PANews reported on July 31st that according to The Block, Bernstein stated in a client report on Thursday that the current crypto bull market cycle is still in its early stages, and trading platforms such as Robinhood and Coinbase are poised to benefit from increased trading volume and mainstream market adoption. Bernstein reiterated its "outperform" rating on both companies, expressing continued confidence in their performance.The report shows that Robinhood reported strong second-quarter results on Wednesday and continues to expand its cryptocurrency product offerings. Its trading volume surged to a six-month high in July, driven by a rebound in market volatility and growing investor interest in ETH, SOL, and DeFi tokens, driven by factors such as Circle's listing. Cryptocurrency trading volume is expected to rebound significantly in the second half of the year. Furthermore, the report mentioned Coinbase's strategic partnership with JPMorgan Chase, a move that significantly boosts the adoption of digital assets. JPMorgan's embrace of an industry once criticized by its CEO will accelerate Coinbase's customer acquisition. Bernstein believes the current crypto bull market is still early, and recent developments reinforce this view, stating that "no action is needed at this time."

PANews reported on July 31 that OKX market data showed that BTC had just fallen below $118,000 and was currently trading at $117,929.30 per coin, down 0.07% on the day.

PANews reported on July 31st that, according to FinanceFeeds, cybersecurity firm Check Point revealed that since March 2024, a large-scale malware campaign dubbed "JSCEAL" has potentially reached over 10 million users through fake advertisements for popular cryptocurrency applications like Binance and MetaMask. These ads trick users into downloading programs carrying malicious code capable of stealing passwords, Telegram accounts, and Bitcoin wallet information.The attack was spread through social media ads and phishing websites. The malware can log keystrokes, steal saved browser passwords, and tamper with encryption plugins like MetaMask to directly steal assets. It uses JavaScript obfuscation and anti-detection techniques, making it difficult for conventional security tools to detect. At least 3.5 million users in the EU have been exposed to related ads, with Asia also being a significant area of concern. Experts point out that while ad exposure does not guarantee actual infection, the irreversible nature of cryptocurrency transactions makes the scale of the threat worthy of attention. Users are advised to download applications only through official channels and enable protective measures such as two-factor authentication.

PANews reported on July 31st that Robin Energy, a US-listed company, announced that it will use Bitcoin as its primary reserve asset, with plans to allocate up to 50% of its cash reserves to this allocation, with an initial allocation of US$5 million.Robin Energy is a US-listed, Cyprus-based international ship-owning company that provides energy transportation services worldwide.

PANews reported on July 31 that the OKX market showed that ETH had just fallen below $3,800 and was currently trading at $3,799.80 per coin, with a daily increase of 0.05%.

According to CoinDesk, Grayscale announced the launch of the Story Protocol Trust on July 31st, providing qualified investors with exposure to the protocol's native IP token. Story Protocol is dedicated to transforming intellectual property such as music, video, and biometric data into programmable on-chain assets, automating copyright management and royalty distribution through smart contracts. Like other Grayscale products, Story Trust will be open to qualified investors for subscription daily, but secondary market trading is not guaranteed.

PANews reported on July 31st that according to CoinDesk, Stable, a new blockchain project built around Tether's USDT, announced the completion of a $28 million seed round led by Bitfinex and Hack VC. Other backers include Franklin Templeton, Castle Island Ventures, and KuCoin Ventures, as well as angel investors such as Tether CEO Paolo Ardoino and Braintree founder Bryan Johnson. The Stable blockchain aims to use USDT as the base gas token to build a fast, low-cost, and stable payment network. Its roadmap consists of three phases: the first phase will enable USDT gas payment and sub-second block confirmations; the second phase will provide block space guarantees for enterprise-level payments; and the third phase will focus on developer tools and performance upgrades.

PANews reported on July 31st that Bloomberg News reported that Swedish payments giant Klarna Group Plc is considering resuming its New York initial public offering (IPO) as early as September, citing people familiar with the matter. The digital payments company is accelerating preparations for its initial stock sale, though discussions are ongoing and details, including the timing, have not yet been finalized.Klarna filed its IPO application with the US Securities and Exchange Commission in March and planned to begin marketing its shares to potential investors. However, the company shelved the plan due to market turmoil caused by Trump's April announcement of sweeping tariffs. The company has recently positioned itself as a digital bank offering a variety of services, from checking and savings accounts to credit and debit cards.Previously in February, Klarna's CEO stated that Klarna and individuals would embrace cryptocurrencies.

PANews reported on July 31st that according to Jinshi, US inflation data for June slightly exceeded expectations, adding another uncertainty to the Federal Reserve's timetable for interest rate cuts. The Fed's preferred core PCE price index rose 0.3% month-over-month and 2.8% year-over-year, slightly exceeding market forecasts of 0.29% and 2.7%. The overall PCE index, which includes food and energy, rose 0.3% month-over-month and 2.6% year-over-year, also exceeding market expectations of 0.23% and 2.5%. This unexpectedly strong inflation report further complicates the Fed's path to rate cuts. Policymakers have previously emphasized the need for more evidence of a sustained decline in inflation toward the 2% target, and the latest data could delay this progress.

PANews reported on July 31st that according to Jinshi, the Federal Reserve's preferred core inflation measure accelerated in June, reaching one of the fastest rates so far this year, while consumer spending barely grew, highlighting the factors dividing policymakers on the direction of interest rates. Data released Thursday showed that the core personal consumption expenditures (PCE) price index, which excludes food and energy prices, rose 0.3% from May. The year-on-year increase was 2.8%, reflecting limited progress in curbing inflation over the past year. The data showed that inflation-adjusted consumer spending rebounded slightly in June after declining in May. These data suggest that the pullbacks in the economy are dividing Federal Reserve officials on the direction of monetary policy. On the one hand, progress on inflation has essentially stagnated, and central bankers are concerned that President Trump's tariffs will put further upward pressure on prices. On the other hand, the decline in consumer spending due to a weak job market could lead to an overall economic slowdown.

PANews reported on July 31st that according to Cointelegraph, a report released Thursday by Galaxy Research indicates that corporate cryptocurrency finance firms, including Strategy, Metaplanet, and SharpLink, have accumulated a combined $100 billion worth of digital assets. The report indicates that Bitcoin Finance holds the lion's share, with over 791,662 bitcoins on its books, valued at approximately $93 billion, representing 3.98% of the circulating supply. Ethereum Finance holds 1.3 million ether, valued at over $4 billion, representing 1.09% of the ether supply.However, according to a previous report by The Block, the cumulative value of ETH treasury reserves has exceeded $10 billion across 64 entities, including publicly traded companies, crypto exchanges, DeFi protocols, nonprofit organizations, and the federal government.

PANews reported on July 31st that according to Jinshi, the number of initial jobless claims in the United States for the week ending July 26 was 218,000, compared with expectations of 224,000 and the previous value of 217,000.

PANews reported on July 31st that according to Jinshi, the annual rate of the US core PCE price index in June was 2.8%, in line with expectations of 2.70%, and the previous value was revised from 2.70% to 2.8%. The monthly rate of the US core PCE price index in June was 0.3%, in line with expectations of 0.30%, and the previous value was 0.20%.

Crypto treasury firms are emerging as a new public company category, bringing significant new liquidity to the crypto industry.

PANews reported on July 31st that according to an official announcement, US-listed company Empery Digital (formerly Volcon) announced that it has increased its holdings by 303 bitcoins, bringing its total holdings to 3,803 bitcoins.

PANews reported on July 31st that Bo Hines, Executive Director of President Trump's Digital Asset Advisory Council, refused to disclose the number of Bitcoins held by the US government in a recent podcast episode. Previous reports have suggested the US government's actual Bitcoin holdings may be far lower than the 200,000 previously estimated by Trump's cryptocurrency advisor David Sacks, at only 29,000. Regarding the specific number, Hines said he "cannot discuss it at this time," but confirmed that the government plans to increase its Bitcoin holdings through a "budget-neutral" approach. It's worth noting that due to differences in asset classification, only Bitcoin confiscated through judicial proceedings can currently be counted as government assets, while Bitcoin in a seized state remains subject to legal uncertainty.

According to PANews on July 31, stablecoin issuer Paxos stated on the X platform that Visa announced today that it will support USDG and PYUSD issued by Paxos in its stablecoin settlement services.

PANews reported on July 31st that Circle announced in an official blog post that native USDC and CCTP V2 will soon be available on the Hyperliquid platform. Native USDC and CCTP V2 will be deployed on HyperEVM, enabling USDC to be deposited into HyperCore and any HyperEVM application. With CCTP V2, developers will be able to: enable users to securely transfer native USDC between Hyperliquid and supported blockchain networks with 1:1 capital efficiency; and build applications to enable seamless cross-chain access, swaps, purchases, fund rebalancing, and other functions, providing a smooth user experience.