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According to BlockBeats, Cathay Securities International, a Hong Kong stock associated with stablecoin concepts, closed with an 8.85% increase, reaching 6.27 HKD. Since receiving approval on June 25 to offer cryptocurrency and other virtual asset trading services, the company's stock price has risen from 1.24 HKD, marking a more than fivefold increase over 11 trading days.

According to the announcement from Binance, the integration of WalletConnect Token (WCT) on the Solana network has been successfully completed. This development allows users to engage in deposits and withdrawals of WCT on the Solana blockchain, enhancing the accessibility and functionality of the token within the Binance ecosystem. Binance's integration of WCT on Solana signifies a strategic move to expand its offerings and provide users with more diverse options for managing their digital assets. The Solana network is known for its high throughput and low transaction costs, making it an attractive platform for token operations. With this integration, Binance users can now leverage these advantages for their WCT transactions, potentially increasing the token's utility and adoption. This integration is part of Binance's ongoing efforts to support a wide range of blockchain networks and tokens, ensuring that users have access to a broad spectrum of digital assets. By facilitating WCT transactions on Solana, Binance continues to demonstrate its commitment to enhancing user experience and expanding its platform's capabilities. Users interested in utilizing this new feature can now proceed with their WCT deposits and withdrawals on the Solana network through Binance's platform.

According to BlockBeats, data from CME's "FedWatch" indicates a 93.3% probability that the Federal Reserve will maintain interest rates unchanged in July, following the release of the June meeting minutes. This probability remains consistent with the previous day's figures. However, the likelihood of the Federal Reserve keeping rates unchanged in September has decreased to 28.1%, down from 35.4% the day before. Meanwhile, the probability of a 25 basis point rate cut has increased from 60.8% to 67.2%.

According to Foresight News, a recent investigation by 21st Century Business Herald revealed limited adoption of stablecoins among merchants in Shenzhen's Huaqiangbei area. The report involved visits to five major shopping centers, including SEG Electronics Market, SEG Communication Market, Modern Window Digital Plaza, Yuanwang Digital Mall, and Longsheng Accessories City, where dozens of merchants were interviewed. Additionally, over 20 online merchants from Huaqiangbei were consulted regarding their use of stablecoins in transactions. The findings indicated that only a few merchants have either used or considered using stablecoins, while the majority remain unfamiliar with the concept. This suggests that despite the growing global interest in digital currencies, stablecoin usage among Shenzhen's electronics merchants is still in its nascent stages.

According to Odaily, Ministry of Commerce spokesperson He Yongqian stated that both parties are maintaining close communication at various levels regarding their respective concerns in the trade sector.

According to Odaily, El Salvador's President Nayib Bukele recently shared on the X platform the government's profits from accumulating Bitcoin. The screenshot revealed that following Bitcoin's recent peak, the government's holdings have generated an unrealized profit of $399 million. The total current value of El Salvador's Bitcoin holdings stands at $691 million.

According to the announcement from Binance, Binance Earn has launched a new promotion for its Soft Staking service, offering users the opportunity to earn multiple rewards. The promotion runs from July 10, 2025 00:00 (UTC) to July 30, 2025 23:59 (UTC). Participants can share in 50,000 NXPC token vouchers and earn daily staking rewards by activating Soft Staking and holding a minimum amount of eligible tokens in their spot accounts. Eligible tokens include BNB, SOL, ADA, SUI, TON, NEAR, POL, ALGO, S, and AXS. Users must maintain the minimum token balance throughout the promotion period to qualify for rewards. The first 10,000 users who complete the registration and hold the required token balance will receive a 5 NXPC token voucher by August 15, 2025 23:59 (UTC). Users who activated Soft Staking before the promotion period are also eligible for the voucher. Binance Soft Staking allows users to earn rewards on selected tokens from their Spot Accounts with full flexibility, enabling them to trade, withdraw, or use their tokens anytime while earning rewards. Daily rewards are credited directly to users' Spot Accounts, with average daily snapshots starting at 00:00 (UTC) the day after activation.

On Jul 10, 2025, 07:08 AM(UTC). According to Binance Market Data, Ethereum has crossed the 2,800 USDT benchmark and is now trading at 2,804.25 USDT, with a narrowed 6.60% increase in 24 hours.

Binance Wallet has announced the participation requirements for the VELVET TGE event. Binance users who have 200 or more Binance Alpha Points can join the TGE event through the Alpha event page. Participation in the TGE event will deduct 15 points.

According to the announcement from Binance, the platform is set to introduce three promotional events as part of the LA Trading Challenge, offering a total prize pool of 2,500,000 LA in token vouchers. The promotion period is scheduled from 2025-07-10 06:30 (UTC) to 2025-07-24 06:30 (UTC). The first promotion, titled 'New Users Exclusive - Deposit to Share 375,000 LA,' is designed for new users who register with Binance during the promotion period. Eligible participants must deposit a cumulative amount of at least $100 equivalent in USDT and/or LA through Binance P2P, card, fiat, or crypto deposit. The first 7,500 users to meet these criteria will receive 50 LA in token vouchers. The second promotion, 'Open to All Users - Trade to Share 875,000 LA,' is available to all verified regular and VIP Binance users. Participants must trade a cumulative amount of at least $200 equivalent of LA on Binance Spot during the promotion period. The first 43,750 users to achieve this will receive 20 LA in token vouchers. The third promotion, 'Join the Trading Volume Tournament to Share Up to 1,250,000 LA in Rewards,' is also open to all verified regular and VIP users, excluding liquidity providers in the Binance Spot Liquidity Provider Program. Participants must trade a cumulative amount of at least $500 equivalent of LA on Binance Spot to qualify. Rewards are calculated based on the user's trading volume relative to the total trading volume of all eligible participants, with a cap of 2,000 LA token vouchers per user. All token vouchers will be distributed by 2025-08-09 and will expire within 21 days after distribution.

According to PANews, cryptocurrency ATM operator Bitcoin Depot has disclosed a data breach that occurred on June 23, 2024, affecting the personal information of 26,732 customers. The compromised data includes names, phone numbers, and driver's license numbers. The company stated that the breach was due to unauthorized third-party access, as confirmed by a cybersecurity investigation, but emphasized that there is no evidence of misuse of customer information. Bitcoin Depot explained that the notification delay was due to federal law enforcement investigation requirements, allowing them to initiate the notification process only on June 13, 2025. In response to the breach, the company has enhanced security monitoring measures and advised affected users to set up credit fraud alerts. This incident follows a similar data breach involving another cryptocurrency ATM operator, Byte Federal, in December 2024.

According to Odaily, Infinity Ground has announced a strategic investment of $15 million from the Awaken Foundation. This funding round aims to accelerate the development of decentralized Agentic IDE and blockchain infrastructure. The investment will support more developers and creators, fostering the growth of next-generation AI-driven decentralized applications (dApps) and bringing new opportunities to the Web3 ecosystem.

According to Cointelegraph, Ripple CEO Brad Garlinghouse has expressed optimism about the future of the stablecoin market, predicting substantial growth in the coming years. Currently valued at approximately $250 billion, the stablecoin industry is anticipated to expand to a market capitalization of $1 to $2 trillion. Garlinghouse shared these insights during an appearance on CNBC's 'Squawk Box,' highlighting the profound growth potential of stablecoins. Ripple, which entered the stablecoin market later than some competitors, has been leveraging stablecoins in its payment flows for institutional clients. Garlinghouse emphasized Ripple's readiness to participate in this market, citing the company's institutional background and regulatory compliance as key advantages. He also announced that BNY Mellon would serve as the custodian for Ripple's USD-pegged stablecoin asset. Ripple's enterprise-focused stablecoin, RLUSD, launched in late 2024, has already achieved a market capitalization of $500 million. This milestone was reached on Wednesday, underscoring the rapid growth of Ripple's stablecoin initiatives. Garlinghouse's comments align with predictions from other industry experts, such as Apollo Capital's chief investment officer, Henrik Andersson, who also foresees a $1-2 trillion market cap for stablecoins. Andersson noted the involvement of fintechs, banks, social networks, and large retailers in launching their own stablecoins, highlighting Tether's profitability as an example of the sector's potential. The upcoming GENIUS Act in the United States, which aims to make stablecoins legal tender, is expected to further drive adoption. The legislation has already passed a Senate vote and is anticipated to become law soon. Ripple is also making strides towards regulatory compliance in the United States. The company has applied for a banking license with the US Office of the Comptroller of the Currency (OCC) and a Federal Reserve Master Account. Garlinghouse emphasized the importance of building bridges between traditional finance and decentralized finance (DeFi) to facilitate the growth of the crypto industry. In addition to its stablecoin developments, Ripple's cross-border payments token, XRP, has experienced a significant price increase. XRP has rallied 7% since Monday, reaching $2.42, its highest price in seven weeks. This surge follows Ripple's announcement of a partnership with Transak, a major cryptocurrency payments platform, which has provided a boost to its stablecoin. The developments reflect Ripple's ongoing efforts to expand its presence in the crypto and financial sectors.

On Jul 10, 2025, 03:42 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 111,000 USDT and is now trading at 110,997.4375 USDT, with a narrowed narrowed 2.40% increase in 24 hours.

According to Foresight News, Donald Trump Jr., the eldest son of U.S. President Donald Trump, has purchased 350,000 shares of Thumzup Media Corp, a company listed on Nasdaq, valued at over $4 million. Sources indicate that the acquisition was made following recommendations from investment advisors, and Trump Jr. has no other affiliations with the company. Previously, Thumzup Media Corp announced plans to raise $6.5 million at a price of $6 per share. The company intends to use the net proceeds from this proposed offering for general corporate purposes and to explore the accumulation of other cryptocurrencies.

According to PANews, Nansen CEO Alex Svanevik and Zen Academy founder Zeneca recently shared insights into their experiences as angel investors. Svanevik revealed that he has invested in 58 projects over the years, with 8 yielding significant returns. Additionally, 10 projects have progressed to the next funding round but are awaiting results, while 14 have not advanced further. Seven investments have been partially refunded due to acquisitions or losses, and 19 have resulted in complete losses. Zeneca, on the other hand, has invested in 68 projects. Of these, 3 have been highly successful, and 4 have seen moderate success. However, 15 projects have incurred minor losses, and 8 have suffered major losses. Ten investments have resulted in total losses, while 22 are still pending results, though expectations are low.

According to Foresight News, South Korea's central bank governor, Lee Chang-yong, has expressed the need for a stablecoin based on the Korean won. However, he emphasized that caution is necessary in its implementation.

According to Foresight News, the Berachain Foundation announced via a tweet that a potential vulnerability was discovered today in the PoL incentive claim contract. As a result, the contract has been paused, and funds have been withdrawn from it. These funds will soon be transferred to a new contract. The foundation assured that user funds have not been affected or lost.

According to Odaily, recent data from OnchainLens reveals that Sharplink Gaming has acquired an additional 5,072 ETH, valued at approximately $13.51 million at current prices. The company now holds over 210,700 ETH, with a total value exceeding $585 million.

According to PANews, leading U.S. venture capital firm a16z has announced the relocation of its primary business entity, AH Capital Management, from Delaware to Nevada. This decision was revealed in an official blog post by a16z, authored by three of its partners. They highlighted concerns over the increasing subjectivity in recent rulings by Delaware's Court of Chancery, which has undermined the business community's trust in its once 'golden standard' judicial system. Despite the move, a16z affirmed its commitment to continue investing in companies registered in Delaware. However, the firm suggests that technology founders should reconsider their choice of registration location.