1. Trump announces a ceasefire agreement in the Middle East, market sentiment rebounds.
After President Trump announced a dual-phase ceasefire agreement between Israel and Iran to end a 12-day conflict, Ethereum rose to $2,420.
2. The Federal Reserve cancels 'reputational risk' in bank reviews, which may benefit the crypto industry.
The Federal Reserve announced the removal of 'reputational risk' from the bank review standards and will instead adopt more specific financial risk indicators for assessment. This adjustment aims to provide clearer guidelines for bank regulation and may allow banks to better serve digital asset companies and other participants in the crypto industry, which has previously complained that 'de-banking' hinders the development of cryptocurrency in the US. The Federal Reserve emphasized in its statement that this move does not change the fundamental requirements for bank risk management but will provide clearer regulatory guidance. Wyoming Senator Cynthia Lummis called it a 'phased victory' while noting that further policy improvements are needed. This decision aligns the Federal Reserve's regulatory standards with those of the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). - Original text
3. Cipher Mining launches a 300 MW mining facility, expecting a hash rate of 23 EH/s in the third quarter.
This New York-based miner expects that its Black Pearl mining facility will achieve a hash rate of 23 EH/s by the third quarter after it begins operations. - Original text
4. The cumulative trading volume of the US spot Bitcoin ETF has surpassed $1 trillion, with the IBIT fund leading.
Since its launch in January 2024, the cumulative trading volume of the US spot Bitcoin ETF has exceeded $1 trillion in less than 18 months. BlackRock's IBIT fund leads with a 79% market share among similar products, with the daily trading volume of Bitcoin spot ETFs ranging from $2.3 billion to $4.4 billion. In comparison, the US spot Ethereum ETF has a cumulative trading volume of $83.4 billion since its launch in July 2024. The asset management scale of the spot Bitcoin ETF has surpassed $120 billion, with the IBIT fund reaching $70 billion, making it the fastest ETF product to achieve this scale in history. - Original text
5. Cardone Capital increases its holdings by 1,000 BTC, planning to expand to 3,000 BTC.
This real estate tycoon has added $100 million worth of BTC to his company's balance sheet, aiming for more cryptocurrency-supported growth. - Original text
6. The President of the European Central Bank calls on lawmakers to pave the way for the digital euro.
Odaily Planet Daily reported that European Central Bank President Lagarde again called on European lawmakers on Monday to pass legislation to pave the way for the launch of the digital euro. Lagarde stated, 'A legislative framework should be swiftly established to pave the way for a potential digital euro. By making the right policy choices, we can leverage the current momentum to promote the economic prospects of Europe and its citizens.' - Original text
7. Nano Labs plans to apply for licenses for Hong Kong dollar and offshore RMB stablecoin operations.
NASDAQ-listed crypto mining chip manufacturer Nano Labs announced plans to apply for relevant licenses related to Hong Kong dollar and offshore RMB stablecoin operations after the formal implementation of the Hong Kong stablecoin regulation. - Original text
8. Zhao Changpeng discusses a free education application, claiming it can help 100 million people access education.
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