1. 🔬 Opportunities to watch

  • Data shows hedge funds are shorting Ethereum on CME, starting basis arbitrage operations

  • Japan's 20-year government bond yield rises to a new high since 2000

  • CMB International has been approved for a virtual asset license in Hong Kong

  • Binance converts PUMP pre-market perpetual contracts into standard perpetual contracts

  • Last week, global listed companies net bought $628 million in BTC, Strategy resumes purchases

  • Metaplanet increased its holdings by 797 BTC at an average price of $117,451, valued at about $93.6 million

  • SharpLink Gaming invested another $48.85 million to increase its ETH holdings, with total holdings reaching 270,000

  • BitMine: ETH holdings have reached 163,142, valued at over $500 million

  • SharpLink Gaming's ETH holdings exceeded the Ethereum Foundation for the first time, ranking first

  • Strategy disclosed an increase of 4,225 Bitcoin

  • Grayscale has submitted its initial public offering registration draft to the SEC

  • Matador Technologies plans to raise 900 million Canadian dollars to continue purchasing Bitcoin

  • US SEC official: Some token issuers need to come and talk to the SEC

  • US Congress 'Crypto Week' begins: Legislators and the industry fully engaged in confrontation

  • Michael Saylor: Strategy's Bitcoin return so far this year has reached 20.2%

  • 10x Research: Bitcoin's new all-time high is not driven by market speculation, but by deeper macroeconomic changes

2. ❇️ DeFi

a. New projects in the past day

  • Nerite --- CDP (Arbitrum, 850,000)

  • Chips --- RWA (Kadena, 120,000)

  • Blackhole CLMM --- Dexs (Avalanche, 3.27 million)

  • Blackhole AMM --- Dexs (Avalanche, 4.01 million)

  • OnRe --- RWA (Solana, 34.96 million)

  • Pareto Credit --- RWA Lending (Multi-Chain, 50.93 million)

  • Quadratic Accelerator --- Launchpad (Polygon, 790,000)

  • Z3Z --- Gaming (World Chain, 0)

  • Nightshade Finance --- Dexs (Alephium, 0)

  • CobaltX --- Dexs (Soon Network, 250,000)

  • Ebisu Finance V2 --- CDP (Ethereum, 910,000)

  • Token Mill --- Launchpad (Multi-Chain, 160,000)

  • Vies Token --- Ponzi (Cronos, 0)

b. Project list

Project list: TVL > 5m & (7-day new | 24h TVL change > 10%)

c. Related projects

  • Aave's net deposit amount exceeds $50 billion, becoming the first DeFi protocol to reach this milestone

  • Sonnet will merge to form Hyperliquid Strategies, holding 12.6 million HYPE and $300 million in cash

  • Binance Alpha launches Pump.fun (PUMP)

  • Infini will launch the new Infini Earn Yield in September, integrating CeFi and DeFi

3. 🌏 Macro

  • Today, the net inflow of Bitcoin ETFs in the US is 8,958 BTC, and the net inflow of Ethereum ETFs is 68,957 ETH

  • CITIC Securities: US inflation pressure may gradually emerge in the second half of this year

  • Powell asks the Fed to review renovation costs, this project has become a focal point for Trump's attacks

  • JPMorgan: The market still believes that Trump will move to lower tariff rates before August 1

  • Trump: The Federal Reserve should lower interest rates to below 1%

  • Fed's Hamak: Maintaining monetary policy tightening remains very important

  • The EU has prepared a $21 billion tariff list targeting US goods if no agreement is reached with the US

  • Fed's Hamak: There is currently no urgent need to cut interest rates

  • US White House National Economic Council Director Hassett leads in the Fed chairman race

4. 🐳 Whale movements

a. Institutions, large investments, whale behavior

  • The Bhutanese government transferred another 0.9947 BTC to Binance, totaling 650 BTC in two weeks

  • A smart money recently increased its position in AVA, having profited over $20 million from TRUMP and ZEREBRO

  • The Blockchain Group announces an increase of 29 BTC, total holdings reach 1,933 BTC

  • Trader Aguila Trades' BTC long position has a floating profit of over $33 million, total losses have been reduced to $1.4 million

  • A whale liquidated 16,677 ETH on-chain 50 minutes ago

  • A giant whale has sold 19,348 ETH in the last 3 hours, valued at $59.05 million

  • A whale liquidated its position in TRUMP after five months, with a loss of $1.24 million

b. DeFi, NFT, On-chain activities

  • Pump.fun project transfers 1.375 billion PUMP from Wintermute address

c. Capital flow related to exchanges

  • Pudgy Penguins transferred 270 million PENGU to multiple exchanges, valued at about $8.06 million

  • An hour ago, a giant whale withdrew about $19.82 million in ETH from CEX

  • Core DAO staking wallet transferred 1,803 BTC to Binance 14 hours ago

  • Trend Research withdrew 2.78 million UNI from Binance, having withdrawn 70,000 COMP four days ago

5. 📃 Industry

b. Exchanges/wallets

  • Binance wallet collaborates with Four.Meme to launch a new TGE model based on the Bonding Curve mechanism

  • Bitget Wallet launches Solana stablecoin wealth management services, offering 50% annualized returns during the event

c. Public chains/L2

  • Linea project leader: Token economics are expected to be announced by the end of July, specific TGE timing depends on external factors such as CEX

d. Financing and investment

  • Yunfeng Financial: Strategic layout in Web 3.0, RWA, digital currency and other frontier fields

  • XerpaAI completed $6 million seed round financing, led by UFLY Capital

e. Regulation

  • Over 50 companies in Hong Kong intend to apply for stablecoin licenses

  • Bank of England governor opposes banks issuing stablecoins, advocates for the development of digital deposits

f. Security

  • ZachXBT helps freeze about $5 million in assets stolen in the attack on the Brazilian central bank service provider

6. 🤖 AI Related

7. 🔧 Tools

8. 💡 Perspectives

  • Anthony Pompliano: ProCap BTC currently holds 4,950 bitcoins, valued at over $600 million

  • Benchmark: The CLARITY Act may change the landscape for institutional adoption of cryptocurrency

  • Cathie Wood: Ethereum zk integration measures may help maintain institutional leadership

  • EigenLayer and Ether.fi both transform, is the re-staking track business no longer viable?

  • Anthony Pompliano: Buffett is keen on US Treasuries, but young people are hoarding Bitcoin

  • Analysis of Ethereum's technical roadmap: What developments will it support?

  • Yi Lihua: The altcoin season is expected to start after the interest rate cut is confirmed in August or September

  • Greeks.live: Most traders are focused on $130,000 as the next important resistance level for Bitcoin

  • Pump/Bonk/$M: Two paths for meme asset issuance

  • Cooling off of the re-staking track: Transformation and breakthroughs of leading projects