The crypto market is experiencing a general fall, while TRX is pumping. Investors remain cautious during the super earnings report week.

Investors remain cautious ahead of a week packed with economic data and corporate earnings reports. U.S. stocks traded lightly on Monday with (7/28), as both the S&P 500 and Nasdaq indices closed with little change, yet both reached new historical highs. Crypto Assets experienced a widespread decline, with the overall market falling by 2.12% within 24 hours. The SEC delayed the approval decision for the Truth Social Bitcoin ETF and Grayscale Solana ETF. Among the top ten large cap Crypto Assets, only TRX saw an increase, as Sun Yuchen's TRX reserve company TRON applied for a billion financing limit, and its stock price surged by 13%, showing remarkable performance!

The crypto market is experiencing a widespread fall, and the SEC has delayed the Truth Social Bitcoin ETF.

Crypto Assets are broadly falling, with the overall market down 2.12% in the last 24 hours, and $423 million worth of positions liquidated in that time. The Fear and Greed Index has dropped to 67. The SEC has delayed the approval decision for the Truth Social Bitcoin ETF and the Grayscale Solana ETF. Although this is a common occurrence and a necessary process before the official launch of new products, it has become another reason for the market's decline in the absence of more positive news to drive coin prices higher.

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving the Truth Social Bitcoin ETF issued by Trump Media & Technology Group. The Commission believes that it is appropriate to take action on the proposed rule change over a longer period to allow sufficient time to consider the proposed rule change and the issues raised within it, and has delayed the decision until September 18.

The SEC has also postponed the decision on Grayscale's Solana Trust to October 10. Several companies are competing for SEC approval to list and trade SOL ETFs, including Canary, Bitwise, 21Shares, and VanEck.

TRX is pumping independently, Justin Sun's TRON applies for a billion financing quota.

Among the top ten market capitalization Crypto Assets, only TRX saw a pump. Justin Sun's blockchain platform Tron officially listed on Nasdaq last week under the name "TRON", and he rang the opening bell at the exchange! Tron submitted a document to the SEC to issue up to $1 billion in hybrid securities, including common stock, preferred stock, debt instruments, and warrants, to purchase more TRX. TRX had a slight pump of 0.5% yesterday, while most Crypto Assets reserve stocks like MSTR, BMNR, and SBET fell, TRON surged by 13%, showing astonishing performance!

(Sun Yuchen TRON NASDAQ bell ringing listing, TRX arbitrage reached 3.8 billion USD)

This article discusses the overall fall in the Crypto Assets market, with TRX experiencing a pump. Investors remain cautious during the super earnings report week. First appeared in Chain News ABMedia.