News Preview:
Coinbase's derivatives exchange will launch American-style perpetual contracts on July 21.
Federal Reserve Chairman Powell will deliver a welcome speech at a regulatory meeting on July 22.
The Federal Reserve will hold a meeting on bank capital on July 22.
The White House Digital Asset Market Working Group is expected to release its first crypto policy report on July 22.
Trump plans to issue an executive order to promote the development of artificial intelligence and is expected to give a speech on AI on July 23, considering designating that day as 'AI Action Day'.
Avail (AVAIL) will unlock approximately 972 million tokens at 4:00 PM Beijing time on July 23, which is 38.23% of the current circulation, valued at approximately $18.9 million.
July 21
Policy Regulation:
The Thailand SEC is publicly soliciting opinions on new regulations for the listing of crypto assets, with opinions being collected until July 21.
The Thailand Securities and Exchange Commission (SEC) announced the initiation of public consultation on new regulations for the listing of digital assets, with the opinion collection lasting until July 21, 2025. The proposed regulations allow exchanges to list digital tokens issued by themselves or related parties while requiring stricter information disclosure to prevent insider trading. The regulations also require the disclosure of information related to token issuers and the marking of warning symbols in reporting systems to enhance market supervision.
Exchange:
Coinbase's derivatives exchange will launch American-style perpetual contracts on July 21.
Coinbase's derivatives exchange will launch American-style perpetual futures products on July 21, including nano Bitcoin (0.01 BTC) and nano Ethereum (0.10 ETH) perpetual contracts. This contract aims to mimic the functionality of global perpetual contracts while complying with U.S. regulatory standards. The product is a long-term futures contract (5-year maturity), supports 24/7 trading, and introduces a funding rate mechanism to keep the futures price closely linked to the spot market. Funding fees are accumulated hourly and settled twice daily at designated times, with the accumulated funding fees either credited to or deducted from the trader's account. This is one of the first such products in the U.S. market, aimed at filling the local derivatives market gap.
Trusta.AI (TA) will launch on Binance Alpha and Binance Futures on July 21.
Trusta.AI (TA) will open trading on Binance Alpha at 07:00 (UTC) on July 21, and the TAUSDT perpetual contract will go live on the same day at 07:30 (UTC), with leverage up to 50 times. Binance is the first platform to list Trusta.AI (TA). To celebrate the launch, eligible users can claim exclusive airdrops using Binance Alpha points from 07:00 to 07:00 (UTC) on July 21-22. Trusta.AI is a protocol that redefines trust and on-chain reputation for the AI era.
Project Updates:
Electric vehicle company Volcon expects to raise over $500 million around July 21 to initiate a Bitcoin financial strategy.
American electric vehicle company Volcon announced it will adopt a Bitcoin financial strategy, having reached securities purchase agreements with certain institutions and qualified investors to privately purchase and sell 50,142,851 shares of common stock at $10 per share, expected to raise over $500 million, excluding placement agent fees and other issuance costs (private placement). Empery is the lead investor, and participants in this issuance include well-known crypto venture capital firms and infrastructure providers such as FalcolnX, Pantera, Borderless, RK Capital, and Relayer Capital, as well as traditional financial investors. This issuance is expected to be completed around July 21, 2025, pending customary closing conditions. The company plans to use at least 95% of the total proceeds to acquire Bitcoin, which will serve as the company's primary financial reserve asset.
Governance Voting:
Berachain initiated a proposal to 'reallocate 33% of PoL rewards designated for BGT to the BERA reward module', with community voting on July 21.
The Berachain team proposed the PoL v2 proposal, planning to provide a more direct income avenue for BERA token holders. According to the proposal, 33% of the existing PoL incentives will be reallocated to a new BERA reward module, allowing BERA holders to earn rewards directly through the protocol itself without using complex third-party applications or tools. Additionally, the newly added LST (liquid staking tokens) staking feature allows BERA holders to simultaneously earn validator node rewards and PoL earnings, further enhancing network security. The proposal was released on July 14 and is scheduled for community voting on July 21. If passed, it will go live on the mainnet on the same day.
July 22
Policy Regulation:
Federal Reserve Chairman Powell will deliver a welcome speech at a regulatory meeting on July 22 at 8:30 PM.
The Federal Reserve will hold a meeting on bank capital on July 22.
Federal Reserve Governor Bowman stated that now is the time to consider adjusting policy interest rates. If inflation continues to decline or the labor market weakens, a rate cut may occur. The Federal Reserve will hold a meeting on bank capital on July 22, where Bowman will moderate a fireside chat at the large banks capital framework meeting hosted by the Federal Reserve. Governor Bowman hinted at a possible rate cut in July, leading to a continued decline in U.S. Treasury yields.
The White House Digital Asset Market Working Group is expected to release its first crypto policy report on July 22.
The U.S. House of Representatives is in recess this week due to scheduling adjustments, while the Senate is shifting its focus to the cryptocurrency market structure. The Senate Banking Committee will hold a hearing this Wednesday to discuss establishing a regulatory framework for the $3 trillion digital asset industry, and a market structure reform discussion draft is expected to be released this week. The draft will combine relevant content from the 2023 Lummis-Gillibrand Responsible Financial Innovation Act and the House CLARITY Act, aiming to push the legislative process before the August recess.
Next week, the House of Representatives will vote on the Senate-approved stablecoin bills GENIUS Act, CLARITY Act, and anti-central bank digital currency monitoring bill. Additionally, the White House Digital Asset Market Working Group is expected to release its first crypto policy report on July 22, covering regulatory and legislative suggestions, potentially involving the establishment of a national digital asset reserve and ensuring fair access to banking services for crypto businesses.
Exchange:
Binance Alpha will launch Yala (YALA) on July 22.
Binance Alpha will launch Yala (YALA) on July 22. Eligible users can go to the Alpha event page and use Binance Alpha points to claim airdrops after trading opens. Specific details will be announced later.
Binance Wallet's exclusive TGE 31st issue will launch Delphinus Lab (ZKWASM) on July 22.
Binance Wallet's exclusive TGE 31st issue will launch Delphinus Lab (ZKWASM).
Subscription Time: July 22, 2025, from 4 PM to 6 PM (UTC+8);
Subscription Qualification: Eligible users must participate using Binance Alpha points;
An additional 40,000,000 ZKWASM will be used for future events, with specific details to be announced later.
Huobi HTX will delist BEER, EVMOS, FIGHT, and 14 other cryptocurrencies on July 22.
Huobi HTX will stop trading BEER, EVMOS, EPIK, FIGHT, GROKCOIN, LESTER, NEST, OMNIA, POOLX, RAIN, REN, SMOLE, SPORE, and WNXM at 15:00 (UTC+8) on July 22, and will delist these assets. According to the Huobi HTX token management rules, Huobi HTX regularly evaluates all assets on the platform and will delist assets that have not met the average daily trading volume standard for 30 consecutive days.
Project Updates:
The founder of AML Bitcoin will be sentenced on July 22, facing up to 30 years in prison for fraud and money laundering.
A federal jury in San Francisco found AML Bitcoin founder and CEO Rowland Marcus Andrade guilty of wire fraud and money laundering. Andrade is set to be sentenced on July 22, 2025. He faces a maximum of 20 years in prison for wire fraud and 10 years for money laundering, along with the forfeiture of assets related to his crimes.
According to evidence presented during the trial, 47-year-old Andrade from Texas misappropriated over $2 million from AML Bitcoin sales for personal expenses, including purchasing two properties in Texas and two luxury cars. He laundered investors' funds through various bank accounts and then used those funds to finance his purchases. The jury found that Andrade falsely claimed AML Bitcoin was about to receive approval from the Panama Canal Authority, but no such agreement existed. Through these false representations, he raised millions of dollars from investors.
The first phase of the Spark Ignition airdrop will end at 10 PM on July 22.
The decentralized finance protocol Spark announced the launch of its native token SPK and the commencement of the first phase of the Ignition airdrop. SPK holders can participate in protocol governance, stake tokens to earn rewards, and use them for protocol security in the future. The total supply of SPK is 10 billion tokens, to be distributed over 10 years, with 65% for user rewards, 23% for ecosystem development, and 12% for core contributors.
Sky Farming allocated 650 million SPK tokens will be distributed at 162.5 million annually over the first two years, then decrease annually. 230 million SPK allocated for the ecosystem will be partially distributed through the Ignition airdrop, and contributor tokens will be gradually released after 12 months.
The airdrop event is now open, and users can claim and earn additional SPK rewards through Overdrive staking before 10 PM on July 22, Beijing time.
The public beta version of Sahara AI will launch on July 22.
Sahara AI announced that the public beta version of the Data Services Platform will officially launch on July 22, allowing anyone to participate in AI construction and receive real token rewards. The platform will also provide new earning methods and additional incentives from exclusive partners, open to global participation.
Governance Voting:
The governance voting on the token economic model by Panbubu will end on July 22.
AI+ZK public chain Polyhedra representation, Panbubu has initiated the governance voting for the PANBUBU token economic model. This voting is open to all SBT holders, and participants will vote on key parameters such as the token issuance mechanism, distribution structure, and incentive plans. This round of governance marks a key stage led by the community for Panbubu, aiming to build a more sustainable, consensus-driven economic system. The voting deadline is July 22 at 7:59.
July 23
Policy Regulation:
Trump plans to issue an executive order to promote the development of artificial intelligence and is considering designating July 23 as 'AI Action Day'.
According to four informed sources, the Trump administration is preparing a series of executive actions aimed at driving the expansion of artificial intelligence in the U.S. The measures being considered include making it easier for power generation projects to connect to the grid and providing federal land for building data centers necessary for expanding AI technology. According to data from energy consultancy Grid Strategies, U.S. electricity demand is projected to grow five times faster than the 2022 forecast between 2024 and 2029. A Deloitte report indicates that electricity demand for AI data centers could increase more than 30 times by 2035. Sources say the government is considering prioritizing mature power generation projects in the interconnection queue. The executive order will also authorize the Department of Defense and the Department of the Interior to manage land for project construction. The government is also considering simplifying data center permitting by establishing a nationwide Clean Water Act permit instead of requiring companies to apply for permits state by state. Additionally, the White House is considering designating July 23 as 'AI Action Day'.
According to market news: Trump plans to deliver a speech on artificial intelligence on July 23.
Trump plans to deliver a significant speech on artificial intelligence next week, outlining his vision to ensure America's dominance in the AI field. A government official revealed that Trump is set to speak on July 23 at an event titled 'Winning the AI Race'. This speech comes as the Trump administration finalizes an AI action plan. This policy directive was ordered by Trump shortly after he took office in January. Another informed source indicated that after the plan is released, Trump is expected to sign an executive order to implement the related policies. Trump has shown early interest in AI during his campaign, promising to unleash AI innovation by eliminating what he called 'overly cumbersome regulations' from his predecessor.
Project Updates:
Latest Ethereum ACDE meeting: Developers plan to launch Fusaka Devnet-3 on July 23.
The minutes from the 216th Ethereum execution layer core developer meeting (ACDE) summarized by Christine Kim indicate that today the developers decided to remove EIP 7907 from the Fusaka upgrade, meaning that the smart contract code size limit for Ethereum will not change in the foreseeable future. A version of this EIP may be reintroduced for the Glamsterdam hard fork, but there is no guarantee it will be included in the next hard fork. In addition, Tim Beiko shared the possible timeline for the launch of the Fusaka mainnet at the meeting. The proposed timeline is as follows: 1. Public testnet release: week of August 25; 2. First public testnet upgrade: September 22 to October 3; 3. Second testnet upgrade: October 6 to 10. Additionally, developers plan to launch Fusaka Devnet-3 on July 23.
Regarding the Glamsterdam hard fork, developers have generally reached a consensus on the planned implementation. However, they are still discussing several key issues regarding how to implement the 'proposer-builder separation solidification mechanism' and 'block-level access lists'. After further soliciting broader opinions from the Ethereum community, developers plan to make a final decision on the core code changes in the Glamsterdam upgrade within the next two to four weeks.
Token Unlock:
Avail (AVAIL) will unlock approximately 972 million tokens at 4:00 PM Beijing time on July 23, which is 38.23% of the current circulation, valued at approximately $18.9 million.
SOON (SOON) will unlock approximately 41.88 million tokens at 4:30 PM Beijing time on July 23, which is 22.41% of the current circulation, valued at approximately $6.1 million.
July 24
Exchange:
Binance Alpha will launch Aspecta (ASP) on July 24.
Binance Alpha will launch Aspecta (ASP) on July 24. Eligible users can use Binance Alpha points to claim airdrops on the Alpha event page after trading opens. More details will be announced soon.
Additionally, OKX will also launch ASP (ASPECTA) spot trading on July 24.
July 25
Exchange:
Binance will adjust the collateral rates of various contract assets on July 25 and August 1.
Binance leverage will adjust the collateral rates of various contract assets for AWE, MDT, IDEX, BAKE, SLF, FIS, MOVE, FORM, RLC, STG, HIGH, SNX, MBOX, AXL, etc., at 06:00 (UTC) on July 25, 2025, and at 06:00 (UTC) on August 1, 2025. After the adjustment, the collateral levels and ratios of different assets will change, and users need to closely monitor their account margin levels to avoid potential forced liquidation or losses.
Project Updates:
U.S. prosecutors expect to conclude evidence presentation in the Roman Storm case by July 25.
The criminal trial of Tornado Cash co-founder Roman Storm entered its fourth day in New York, with FBI witnesses testifying. Prosecutors expect to conclude evidence presentation next week, after which the defense will begin calling witnesses. Storm is charged with money laundering, operating an unlicensed money transfer business, and violating U.S. sanctions laws, and if convicted, he could face years in prison. The defense plans to argue the importance of crypto privacy services for user security through witness statements.
Token Unlock:
Venom (VENOM) will unlock approximately 59.26 million tokens at 4:00 PM Beijing time on July 25, which is 2.84% of the current circulation, valued at approximately $13.4 million.
AltLayer (ALT) will unlock approximately 240 million tokens at 6 PM Beijing time on July 25, which is 6.39% of the current circulation, valued at approximately $8.9 million.
July 26
Token Unlock:
Sahara AI (SAHARA) will unlock approximately 84.27 million tokens at 8 PM Beijing time on July 26, which is 4.13% of the current circulation, valued at approximately $6.9 million.
July 27
No information available
