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ETH $1.9K · Central banks settle $1M in tokenized cross-border payments ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #48 · Friday, July 31, 2026
Market mood  Extreme Fear · 25/100  ▼ from 28 yesterday
Bitcoin and ether declined as extreme fear gripped markets, while institutional tokenization projects and regulatory battles intensified.
 
 

  The Numbers

Bitcoin (BTC)$63,897  -1.0%
-1.8% this week
Ethereum (ETH)$1,885  -1.6%
+0.0% this week
Total crypto market$2.27T  -1.0%
BTC dominance 56.5% · BTC 49% below its all-time high

  The Movers

Top gainers (24h)

M MemeCore+8.8%
UNI Uniswap+8.4%
BEAT Audiera+8.1%
PUMP Pump.fun+6.2%

Top losers (24h)

RAIN Rain-5.9%
ATOM Cosmos Hub-4.6%
ARB Arbitrum-3.9%
PI Pi Network-3.9%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin sits between its 50-day ($63.4K) and 200-day ($71.6K) averages — a trend in transition. Over the past 30 days it has traded between $60.0K and $66.5K; today's price sits in the middle third of that range. RSI(14) is 51 — momentum is roughly neutral.

See all nine coins on the daily markets page →

  The Brief

 Central banks settle $1M in tokenized cross-border payments

Twenty-eight financial institutions and central banks completed real-value settlements using tokenized reserves across six currencies, demonstrating institutional blockchain adoption. (Cointelegraph)

 $38M in Bitcoin lost to Coldcard hardware wallet flaw

Attackers exploited a vulnerability in Coldcard firmware, draining $38 million in Bitcoin; the maker suspects AI tools were used to find the security gap. (Decrypt)

 New York AG sues prediction market Kalshi for illegal gambling

New York filed suit seeking $36 billion from prediction market Kalshi, alleging it operates as an unlicensed gambling platform despite CFTC backing. (Decrypt)

 Texas lawmakers consider banning crypto kiosks after $57M in scams

Bitcoin ATM scams cost Texans $57 million, prompting state lawmakers to consider stronger restrictions as three states have already outlawed the machines. (Decrypt)

Partner

Crypto taxes, untangled.

Koinly syncs your wallets and exchanges and generates IRS-ready tax reports automatically.

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Crypto 101

How is crypto taxed in the US?

The IRS treats crypto as property: selling, trading one coin for another, or spending it are all taxable events. Records matter — exchanges now report to the IRS too.

Hit reply: What made you curious about crypto in the first place?
A human reads every answer.

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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