[Generali Investments Economist: FOMC Expected to Maintain or Strengthen Hawkish Stance] According to Jin10 reports, Generali Investments Senior Economist Paolo Zanghieri expects the FOMC to maintain or strengthen its hawkish stance in response to inflation and rising oil prices.

According to Bitcoin.com News, over 60 cryptocurrency companies, blockchain and DeFi protocols closed or filed for bankruptcy between January and July 2026, with the pace of closures accelerating in the last few weeks of July. Security vulnerabilities, regulatory frictions, and unsustainable business models are the three major reasons. BitMEX announced that it will cease operations on September 23rd, AscendEX will cease trading on July 1st due to failure to obtain the EU MiCA license, BitMart will initiate a phased shutdown, and Odos will shut down all services on July 30th. Movement Labs filed for Chapter 11 on July 21st, Poolin filed for bankruptcy protection this month, and Storj Labs also submitted a Chapter 11 application.

The Korean KOSPI stock market fell 7% today. （Watcher.Guru）

According to a report by Golden Ten Data, James Lagan, Co Chief Investment Officer and Director of Investment Management and Research at D.A. Davidson, stated that the escalation of the US Iran military conflict is disrupting inflation and employment trends, and the Federal Reserve needs to assess the sustainability of core inflation. If it determines that inflation expectations have formed, it should raise interest rates in July instead of September to avoid the risk of political criticism from the midterm elections later this year.

On July 29th, South Korean Finance Minister Ju Run cheol stated that the government is conducting internal research on market stability measures, and the South Korean KOSPI index fell by 6%. During his speech in Congress, Ju Runzhe stated that it is possible to adjust the relevant regulations of single stock leveraged ETFs to cope with market fluctuations. (Golden Ten)