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Top Crypto News This Week: MicroStrategy Earnings, Jupiter Lend Registration, Trump’s Crypto Report, and More

3 mins
Updated by Harsh Notariya
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In Brief

  • Resolv’s fee switch activation on July 31 could lead to short-term price surges by enhancing liquidity and rewarding token holders.
  • Fluid DEX Lite’s launch promises increased trading efficiency, with potential volatility as early adopters engage.
  • Trump’s crypto report and MicroStrategy’s Q2 earnings release on July 31 could trigger significant price movements, impacting the crypto market.
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Traders and investors who capitalize on buy-the-rumor-sell-the-news events have several crypto news stories to look out for this week, which have the potential to inspire volatility.

By front-running the following events this week in crypto, traders can cushion their portfolios from sudden shock or rake in gains.

Resolv Fee Switch Activation

The activation of Resolv’s (RESOLV) fee switch mechanism on July 31 marks a notable protocol upgrade. The mechanism adjusts transaction fees to enhance liquidity and redistribute rewards to token holders.

Data on BeInCrypto’s price index shows RESOLV trading at $0.219, with a 14% 24-hour gain and a market cap of $58 million. This reflects positive sentiment following similar updates reported by Binance.

The mechanism, designed to optimize ecosystem sustainability, could drive short-term price surges.

“Resolv is activating their fee switch, directing 5M revenue from their huge TVL pool towards their token at just 45m Market Cap Here’s why this will change everything… This enables an economic loop that rewards long-term stakeholder alignment… Fees apply to positive daily profits from the collateral pool… This adaptive execution and capital discipline highlight sustainable yield generation,” one user explained.

However, long-term success depends on sustained user adoption. Investors should monitor trading volume spikes and prepare for potential volatility, as the market reacts to this novel fee model’s effectiveness.

Fluid DEX Lite Launch

Fluid DEX Lite’s launch introduces a capital-efficient decentralized exchange (DEX) powered by the Liquidity Layer.

It promises up to $39 in liquidity per $1 in total value locked (TVL). This launch builds on Fluid’s reputation for scalability, integrating smart debt and collateral features. It comes only months after Fluid expanded to the Base chain.

“Fluid DEX is expanding to Base. Built for the builders. Powered by the Smart Collateral & Smart Debt,” the network revealed in a May 30 post.

Market participants should anticipate increased trading activity and potential price volatility as early adopters engage.

Watching FLUID’s TVL and user adoption metrics will be key to gauging its impact, with opportunities for gains if the  DEX meets its ambitious efficiency claims.

Jupiter Lend Registration

Registration for Jupiter Lend, a new money market on Solana powered by Fluid, closes today, July 28, at 09:48 AM EAT. The deadline is ahead of Jupiter Lend’s imminent debut, which is scheduled for sometime around mid-August.

Jupiter Lend aims to unlock instant liquidity and maximize returns. Participants missing the deadline will lose early access, potentially missing out on initial yield opportunities. Post-registration, focus on user feedback and liquidity provision rates to assess long-term viability.

Investors should swiftly register and monitor JUP’s price action, as the launch could trigger a rally.

Jupiter (JUP) Price Performance
Jupiter (JUP) Price Performance. Source: CoinGecko

CoinGecko data shows Jupiter’s JUP was trading for $0.6064 as of this writing, up by nearly 6% in the last 24 hours.

Trump Administration’s Crypto Report

The Trump administration’s major crypto report, due on July 30, could reshape the regulatory playing field in the US, building on its pro-crypto executive order earlier in the year. This report may outline policies to support blockchain growth, reversing prior restrictive measures.

Investors should brace for potential price volatility, since the report will coincide with several US economic signals on Wednesday.

“The White House Crypto Report is expected to be released on the 30th. That’s on the same day that we will get GDP, PCE data & the Fed Rate Cut Decision,” one user observed.  

MicroStrategy Q2 Earnings

Another crypto news item to watch this week is MicroStrategy (MSTR) ‘s (NYSE: MSTR) earnings release on July 31. Known for its aggressive BTC acquisition strategy, MicroStrategy’s earnings report could influence its stock and, by extension, Bitcoin’s price.

Positive earnings, especially tied to Bitcoin holdings, may boost both assets, while disappointing results could trigger sell-offs.

Market participants should analyze Bitcoin exposure details and guidance on future purchases, preparing for heightened volatility around this date.

$186 Million Worth of SUI Unlocks

Data on Tokenomist.ai shows that the Sui blockchain will hold a $186.98 million token unlocks event on Friday, August 1. The event comprises 44 million SUI tokens to be unleashed to the market.

The tokens, comprising 1.27% of its circulating supply, will be allocated to the community reserve, early contributors, Series B funding, and the Mysten Labs treasury.

SUI Token Unlocks
SUI Token Unlocks. Source: Tokenomist.ai

This supply shock could influence the SUI price. Recent reports indicated tha90% of large token unlocks drive token values down.

If token recipients cash in for early profits, the SUI price could drop. As of this writing, it was trading for $4.25, up by a modest 0.74% in the last 24 hours.  

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Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

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Lockridge Okoth
Lockridge Okoth is a Journalist at BeInCrypto, focusing on prominent industry companies such as Coinbase, Binance, and Tether. He covers a wide range of topics, including regulatory developments in decentralized finance (DeFi), decentralized physical infrastructure networks (DePIN), real-world assets (RWA), GameFi, and cryptocurrencies. Previously, Lockridge conducted market analysis and technical assessments of digital assets, including Bitcoin and altcoins such as Arbitrum, Polkadot, and...
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