Bitcoin Recovers from Recent Lows as Nasdaq Futures Decline
Bitcoin has regained some ground after hitting lows during the Asian session, trading at approximately $63,500, according to CoinDesk. The cryptocurrency is still down 0.3% since midnight UTC and nearly 3% over the last 24 hours amid falling Nasdaq futures, which have reached their lowest point since May.
Bitcoin (BTC) has shown a slight recovery after experiencing a low of $63,065 during the Asian trading session. As of now, it trades at around $63,500, although it is still down by 0.3% since midnight UTC and nearly 3% over the past 24 hours.
Meanwhile, e-mini futures associated with the Nasdaq index have dipped to 27,930 points, marking their lowest value since May and falling 1.2% for the week after peaking near 31,000 in June. Notably, shares in NVIDIA, a major component of the Nasdaq, declined by almost 5% on Monday. This decline coincided with a significant drop of 10% in South Korea’s Kospi index, while other regional indices such as Japan’s Nikkei also faced more modest declines.
Summary based on original reporting by Omkar Godbole at CoinDesk, originally published Jul 28, 2026. SolanaWire does not republish source content.
Hong Kong Monetary Authority Introduces Quantum Preparedness Index for Banks
The Hong Kong Monetary Authority has assessed the banking sector's readiness for quantum technology, assigning a low score of 2.3 out of 10. This finding highlights the limited preparation for post-quantum cryptography, as most banks remain in the awareness phase, according to a CoinDesk report.
1 hour ago·CoinDesk·Reported by Omkar Godbole
Bitcoin Declines 2.7% Amid Asian Stock Market Sell-Off
Bitcoin's price falls approximately 2.7% to around $63,200, driven by a sharp drop in Asian equities led by South Korea's Kospi index, which plunged 10%. CoinDesk reports that the U.S. Senate's delay on the CLARITY Act amplifies market uncertainty ahead of crucial economic data releases.
5 hours ago·CoinDesk·Reported by Omkar Godbole
U.S. Senate Delays Crypto Clarity Act Amid Focus on Other Legislation
The U.S. Senate will postpone consideration of the Digital Asset Market Clarity Act to prioritize nominations and a Russia sanctions bill, according to CoinDesk. Majority Leader John Thune indicated that the Clarity Act might receive preliminary attention next week, but significant legislative hurdles remain as lawmakers aim for compromise on contentious provisions.
9 hours ago·CoinDesk·Reported by Jesse Hamilton
Elon Musk Warns of AI Control Loss Within a Decade
Elon Musk predicts that artificial intelligence will surpass human intelligence within five years and believes humans will lose control over AI in the next decade. He urges leading AI companies to collaboratively address safety risks before releasing powerful AI models, as reported by Decrypt.
10 hours ago·Decrypt·Reported by Jason Nelson
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Kalshi and Polymarket Win Legal Challenge Against Minnesota's Prediction Market Ban
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10 hours ago·CoinDesk·Reported by Nikhilesh De
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24 hours ago·Decrypt·Reported by Decrypt Agent
Prediction Markets Anticipate GPT-6 Release by September
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Searchable NYC Property Database Draws Criticism from Crypto Executives
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