In crypto news on July 29, Bitcoin rose 1% overnight and reclaimed the $64,000 level ahead of today’s Federal Open Market Committee (FOMC) meeting, where a rate hike is rumored to be under consideration. Liquidations slowed from the previous day and stood at just over $420 million, down from $605 million the day before, although most of the liquidations were still from long positions, at $325 million.

ETF flows also extended their recent outflow streak. After eight consecutive days of inflows, yesterday saw $49 million in Bitcoin sold across various products, marking a fourth straight day of outflows totaling more than $500 million, according to CoinGlass data.

The total crypto market capitalization rose about 1% overnight and climbed back above $2.28 trillion. Daily trading volume across the crypto market was $61.9 billion, down from $66 billion the previous day.

The Fear & Greed Index remained unchanged at 29 out of 100, staying in “Fear” territory. With markets awaiting the FOMC outcome, the combination of muted volatility, slowing liquidations, and persistent ETF outflows suggests traders are still watching whether the meeting reinforces the current cautious tone.

1inch Launches Aqua Liquidity Layer Targeting Idle Funds

1inch has launched Aqua, a new liquidity layer for decentralized finance (DeFi). The system allows liquidity providers to use a single wallet balance to manage multiple trading positions at the same time, without locking assets into liquidity pools.

According to the company, the design is intended to improve capital efficiency and address one of the main limitations of traditional decentralized exchanges (DEXs): large amounts of idle liquidity. Aqua is now available across 13 EVM-compatible networks.

Aqua uses a registry-based model. Users authorize the protocol to access a specified amount of tokens, while the assets remain in their wallets and are moved only when a trade is executed.

1inch says this structure lets one wallet balance back multiple price quotes at once without using leverage. For example, $100,000 in assets can support three separate positions with a combined quoted liquidity of up to $300,000. That is possible because tokens are committed only when a swap is executed.

The developers describe Aqua as one of the first risk-controlled liquidity systems that does not require providers to deposit assets into liquidity pools. If a wallet does not have enough funds to settle a trade, that liquidity provider is excluded from the transaction.

“Liquidity providers: it’s time to wake up. Use 1inch Aqua to find more activity in more markets, without letting your tokens out of your wallet. Risk-controlled execution meets full self-custody. No, you aren’t dreaming. Here’s how it works:”

— 1inch (@1inch) July 28, 2026

Ionic Digital Stock Surges More Than 25% After Nasdaq Debut

In other crypto news, shares of Bitcoin miner and AI infrastructure operator Ionic Digital rose more than 25% on their first day of trading on Nasdaq. At their peak, the shares approached $63, giving the company a valuation of roughly $2.75 billion.

Reports say Ionic went public on Tuesday through a direct listing under the ticker IOND. Trading opened at $50, compared with a reference price of $53.

Ionic Digital’s history is linked to the collapse of crypto lender Celsius Network in 2022. The company was formed in January 2024 to acquire nearly all of Celsius Mining’s assets as part of the bankruptcy and restructuring process.

Ionic received Celsius’ mining equipment and infrastructure, about $195 million in cash, and 540 BTC. At the time of the deal, the Bitcoin holdings were worth approximately $35 million.

Ionic’s mining facilities were initially managed by Hut 8 under a four-year agreement. However, less than a year later, Ionic terminated the contract and took direct control of the sites. Hut 8 retained a minority stake in the company.

“Finally the Celsius bankruptcy mining co is trading under $IOND

It's going UP ONLY and it's a damn good stimmy.

My total Celsius repayment is now 150% of what I lost.

Only issue is I haven't been able to transfer the shares to my broker to sell and it might take 5 days lol pic.twitter.com/Ig8JdLhdQp

— Wazz (@WazzCrypto) July 28, 2026”