Crypto Daily Briefing — July 28, 2025
What moved today & what to watch in the next 24 hours
Market Snapshot
- Bitcoin is holding near ~$119K in Asia hours after Trump’s EU tariff deal headlines over the weekend. CoinDesk
- It’s coming off a fresh all‑time high above $120K last week, with total crypto market cap brushing ~$3.9T. Reuters
5 Headlines That Mattered Today
- Macro focus shifts to the Fed: The FOMC meets July 29–30, and traders are bracing for rate‑path hints that could jolt risk assets. Federal ReserveFederal Reserve
- ETH ETF momentum keeps building: U.S. spot Ether ETFs have pulled in ~$8.7B net inflows since launch; BlackRock’s ETHA fund hit $10B AUM. CoinDesk
- Derivatives overhang eased but not gone: Friday’s $15.45B Deribit options expiry (BTC ~$12.66B, ETH ~$2.75B) is done, but post‑expiry repositioning can whipsaw prices early week. Mitrade
- Corporate miners buying themselves: Bitcoin miner Bitfarms starts a 12‑month buyback today (July 28–July 27, 2026), signaling management thinks shares are cheap. Cointelegraph
- Exchange campaigns keep raining rewards: Binance Alpha launches Treehouse (TREE) airdrop July 29, KuCoin’s Uranium.io (XU3O8) promo runs till July 31, and MEXC’s Solana Eco Month dangles a $1M poolthrough Aug 20. BinanceKuCoinMEXC Blog
Flows, Derivs & On‑Chain Signals
- Demand vs. supply: CoinDesk notes BTC demand continues to outstrip new issuance heading into the typically quiet August period. CoinDesk
- Options reset: With max‑pain zones cleared, watch how dealers re‑hedge—gamma flips can exaggerate moves around the Fed press conference. Mitrade
Regulation & Politics Watch
- The SEC’s whiplash with multi‑asset crypto ETFs (Bitwise’s BITW “approved, then paused”) underscores policy uncertainty beyond BTC/ETH. CoinDesk
- U.S. policy remains a double‑edged sword: the White House touts a Strategic Bitcoin Reserve and pro‑digital‑asset stance, yet political pushback (e.g., Warren’s criticism) keeps headline risk high. The White HouseVanity Fair
Token Unlock & Event Radar (Next 48h)
| Date (UTC) | Event | Why it matters |
|---|---|---|
| Jul 29 | Binance Alpha: TREE airdrop/trading opens | Fresh supply + hype can spill into related DeFi names. Binance |
| Jul 29–30 | FOMC meeting | Dollar/liquidity swings = crypto volatility. Federal ReserveFederal Reserve |
| Jul 31 | Optimism (OP) unlock — 31.34M OP (≈1.79% of circ.) | Potential sell pressure; watch perps funding skew. Coindar — Cryptocurrency Calendar |
| Jul 31 | KuCoin XU3O8 campaign ends | Post‑campaign flows can fade; watch volume drop‑off. KuCoin |
| Thru Aug 20 | MEXC Solana Eco Month ($1M rewards) | Could buoy SOL ecosystem tokens on that venue. MEXC Blog |
| This week (various) | ENA, APEX, STRK, UXLINK unlocks flagged | Smaller caps—liquidity shock risk if unlock % is high. Mudrex |
How to Trade/Invest Around This
- Keep a macro tab open: Set alerts for the Fed statement & Powell Q&A (July 30 US afternoon)—BTC often spikes on first headlines, then reverses. Federal ReserveFederal Reserve
- Track unlock wallets: Monitor smart‑money flows when OP (and others) hit exchanges; on-chain alerts can front‑run order‑book stress. Coindar — Cryptocurrency CalendarMudrex
- Campaign farming vs. fees: Airdrops (TREE, XU3O8, Solana Eco Month) are great—but calculate gas/trading fees vs. expected value. BinanceKuCoinMEXC Blog
- Derivatives positioning: After the Deribit reset, check funding rates and skew—cheap calls or puts may appear before the Fed. Mitrade
TL;DR Checklist for Tomorrow
- ✅ Watch BTC/ETH volatility around FOMC headlines. Federal ReserveFederal Reserve
- ✅ Claim/position for Binance Alpha’s TREE drop if you’ve got points. Binance
- ✅ Track OP unlock wallets ahead of July 31. Coindar — Cryptocurrency Calendar
- ✅ See if KuCoin’s XU3O8 promo flows rotate elsewhere as it ends. KuCoin
- ✅ Reassess ETH exposure—ETF inflows are still steady. CoinDesk
Not financial advice. Double‑check official announcements before acting; dates and amounts can change.
