July 29: Top Crypto News – Noteworthy Cryptocurrency Updates

1. Bitcoin, Ethereum, Solana Plunge; Altcoins “Bleeding”
The entire market turned red. The AI sector dropped the most at 8.7%, followed by MEME and DePIN. CeFi tokens were the least affected.

2. Crypto-Related Stocks In The US And Canada Tumble
Stocks with large ETH holdings like BMNR and SBET fell by 11.7% and 4.8%, respectively. Meanwhile, TRON’s TRX stock surged 13%.

3. “MicroStrategy For BNB” – VAPE Skyrockets 548%
Market cap reached around $48 million. YZi Labs is reportedly backing a $500 million private issuance to build a BNB-based treasury.

4. VINE Surges 120% In Just One Day
Market cap hit $147 million after Elon Musk hinted at reviving the Vine video platform.

5. ZORA Shines In The Base Ecosystem
Along with related projects like TBA, ART, Noice, and BNKR, ZORA is drawing attention. However, it has dropped over 25% from its peak.

6.  “Useless” Token Once Hit $400 Million Market Cap
Now adjusted down to $340 million. Tokens in the Bonk ecosystem are also declining in line with the overall market trend.

7. Crypto Goes Big With US Treasury Bonds?
Binance launches RWUSD, a tokenized version of US Treasuries offering about 4.2% annual yield. Purchasable with stablecoins.

8. BNB Hits New All-Time High At $860
Market cap currently at $114.9 billion. Binance founder CZ’s net worth may have surpassed $74 billion. BSC tokens like CAKE and THE are also rising.

9. Titan-Tier Project Plasma Concludes Public Fundraising
Raised over $373 million—more than 7 times its original target.

10. Ray Dalio Recommends Allocating 15% Of Assets Into Gold Or Bitcoin
He also revealed that he personally holds a small amount of BTC.