New York Attorney General Letitia James recently called on congressional leaders to establish a federal regulatory framework for digital assets to reduce fraud and financial instability risks. She believes that the widespread adoption of Bitcoin could threaten the dominance of the dollar, but it also demonstrates the potential and influence of Bitcoin! James also suggested 'localizing' stablecoins to protect the dollar's position and opposed including digital assets in retirement accounts. It seems that the future of digital currency remains full of challenges and opportunities, and we will wait and see! 💼💰
Odaily Planet Daily News 🌟 Bitcoin News stated on platform X that even though Bitcoin prices hit a low this week, over 85% of Bitcoin holders are still in profit! This demonstrates the strong resilience of Bitcoin and the firm confidence of investors. 📈
As the leader of the cryptocurrency market, Bitcoin's performance is often seen as a barometer for the entire industry. While the overall market remains volatile, Bitcoin's long-term potential is still widely optimistic. 🔍
In the context of constantly changing global regulatory dynamics and industry trends, Bitcoin's stable performance undoubtedly provides a sense of reassurance for investors. 💪
Odaily Planet Daily reported that today in the US market, there was a net outflow of 847 BTC from Bitcoin ETFs, while Ethereum ETFs saw a net outflow of as much as 5645 ETH! 📉 Does this indicate that investor confidence in the crypto market has wavered? However, it is worth noting that Bitcoin, as the leader of cryptocurrencies, continues to be favored by many investors in the long term. 🌟
In terms of global regulatory dynamics, the attitudes of various countries towards cryptocurrencies are still changing, and investors need to closely monitor policy trends to better seize market opportunities. 🔍
Overall, the crypto market remains full of uncertainties, but the future of Bitcoin is still worth looking forward to! 🚀
Odaily Planet Daily News 📢 Jack Dorsey's payment company Block, Inc. has reached a $40 million settlement with New York state financial regulators due to anti-money laundering loopholes. The New York State Department of Financial Services pointed out that this company, formerly known as Square, failed to adequately address the risks associated with the scale and complexity of its operations through its Bitcoin services provided via Cash App. Specific issues include: a lack of risk-based anti-money laundering measures, insufficient customer due diligence, and lenient handling of high-risk Bitcoin transactions. Nevertheless, Bitcoin continues to demonstrate strong growth potential globally! 🚀
Odaily Planet Daily News, on-chain analyst Yu Jin discovered that a whale, which has faced ETH position liquidation multiple times, made a significant move in the past hour and a half! 🐋 This whale sold 26,881 ETH for 42.04 million DAI and successfully repaid all loans, easily unloading leverage. 💸 Currently, this whale still holds 11,600 ETH, worth about 18.26 million USD. Although the market is quite volatile, Bitcoin's performance still fills people with anticipation! 🌟 Against the backdrop of global regulatory dynamics and industry trends, the operations of whales undoubtedly add more highlights to the market. 📈
Odaily Planet Daily News, 🎉 cryptocurrency insurance company Meanwhile has completed a $40 million Series A financing led by Framework Ventures and Fulgur Ventures! This financing has boosted Meanwhile's valuation to $190 million, nearly double last year's valuation, demonstrating strong market interest in crypto insurance.
Meanwhile plans to use these funds for global expansion and to ensure its products comply with regulatory requirements in various regions. It is worth mentioning that Meanwhile's life insurance policy innovatively accepts Bitcoin payments, with policyholders required to pay premiums from their cryptocurrency wallets, and claims will also be paid out in Bitcoin. 💰 This novel payment method may attract more attention from cryptocurrency enthusiasts.
Odaily Planet Daily News 🌟 Cardano founder Charles Hoskinson, in an interview with CNBC's podcast, optimistically predicts that Bitcoin's price could rise to $250,000 by the end of this year or next year! He pointed out that the upcoming cryptocurrency legislation in the U.S. could attract large enterprises to venture into the crypto asset space, and once the impact of the "tariff issue" is confirmed to be negligible, market stability will be restored, creating favorable conditions for the next bull market.
However, Hoskinson also cautioned that the market may stagnate for the next three to five months, but a wave of strong speculation is expected in August or September, lasting six to twelve months. More explicit regulatory rules for stablecoins may prompt the "Big Seven" of U.S. stocks to adopt tokens pegged to the dollar. According to a report by Crypto.com, the global cryptocurrency adoption rate has surged by 13% year-on-year, with the user base reaching 659 million, further supporting his optimistic forecast.🌍
Odaily Planet Daily News 📢 Ledger announces support for SUI and its ecosystem tokens for self-custody! Users can now enjoy the Clear Signing feature through Ledger, making it easier to access the Sui ecosystem. 🎉 This collaboration not only enhances functional support but also provides a top-notch self-management experience. The official statement indicates that Ledger will work closely with Sui to continuously expand features, helping users securely and conveniently participate in the increasingly expanding DeFi ecosystem of Sui. 🔗 In this transformative blockchain world, Bitcoin remains our optimistic focus, but the progress of Sui should not be underestimated! 🚀
The South Korean cryptocurrency market welcomes new trends! 🎉 This week, the five major commercial banks in South Korea gathered with several regional banks to meet with ruling party lawmakers, calling for the relaxation of restrictions on the number of banks that can cooperate with cryptocurrency exchanges. Current regulations require each exchange to partner with only one bank to comply with anti-money laundering regulations. Woori Bank President Jung Jin-wan stated that this model limits user choice and affects system stability. 💡 He suggested allowing 'one exchange to connect with multiple banks' to enhance market vitality. Meanwhile, as institutional investment bans gradually loosen, several exchanges in South Korea are preparing to welcome corporate clients. The Bitcoin market may benefit from this! 🚀
Odaily Planet Daily News, the issuance of TRC20-USDT on the TRON network has soared to a historic high of 67.7 billion! 🎉 Since the beginning of this year, TRON has issued nearly 8 billion USDT, accounting for 46.9% of the total network issuance of USDT, with the number of holding accounts surpassing 63.91 million and the total number of transfers exceeding 2.43 billion. TRON founder Justin Sun optimistically predicts at the 'BUIDL 2025' summit that the market value of USDT on the TRON chain is expected to exceed 100 billion USD this year. TRC20-USDT, with its advantages of fast transfers and low fees, has attracted support from several exchanges including Binance, injecting new vitality into the decentralized application ecosystem. 🚀
Odaily Planet Daily News 📢 The U.S. Senate has officially confirmed Paul Atkins as the chairman of the Securities and Exchange Commission (SEC)! This official, nominated by President Trump, is expected to establish a more favorable regulatory framework for digital assets. Paul Atkins previously served as an SEC commissioner and founded Patomak Global Partners, providing services to banks and cryptocurrency exchanges. Although some Democrats have criticized his connections to the collapsed FTX exchange, his appointment could bring new opportunities for cryptocurrencies like Bitcoin. Let’s wait and see, the future of Bitcoin may be even brighter! 🌟
Odaily Planet Daily News, NFT market giant OpenSea sent a hopeful letter to the U.S. Securities and Exchange Commission (SEC) 📬, requesting clarification that NFT platforms should not be considered securities exchanges or brokers. This letter was co-signed by OpenSea's General Counsel Adele Faure and Deputy General Counsel Laura Brookover, emphasizing that classifying OpenSea as an exchange or broker is a regulatory 'overreach'. In February of this year, the SEC already terminated its related investigation into OpenSea. OpenSea stated that they do not facilitate transactions, provide investment advice, or hold user assets. The future of Bitcoin remains full of hope! 🚀
Odaily Planet Daily Latest News! According to Lookonchain monitoring, Tether has just issued 1 billion USDT on the Tron network! 🌟 This issuance has generated excitement about the trends in the stablecoin market. Since 2025, Tether Treasury has minted 8 billion USDT on the Tron Network, while destroying 1 billion USDT on Ethereum. Such operations demonstrate Tether's strategic layout across different blockchains. 🔍 Although the overall market is performing neutrally, Bitcoin remains the star of cryptocurrencies, continuing to attract investors' attention! 🌟 Stay tuned for more exciting developments to be revealed!
Odaily Planet Daily News, the Central Bank of Bahrain (CBB) has granted a payment service provider license to Binance subsidiary BPay Global! 🎉 This means that BPay Global can legally operate in the Kingdom of Bahrain, providing fiat deposit, withdrawal, custody, and other services to Binance users worldwide. This is the first time a company under Binance has obtained such a license, marking an important step for Binance in the global regulatory compliance journey. Although the overall market performance is neutral, Bitcoin remains the little sun in our hearts, continuing to shine! 🌞 The global regulatory dynamics are in full swing, and we look forward to more good news!
Odaily Planet Daily News: Caroline D. Pham, Acting Chair of the U.S. Commodity Futures Trading Commission (CFTC), has announced an important policy adjustment! She supports the Department of Justice's decision to terminate the policy of regulating the cryptocurrency industry through prosecution, and has instructed the CFTC that in cases related to digital assets, lawsuits cannot be filed based on violations of the registration provisions of the Commodity Exchange Act in the absence of the defendant's subjective intent. ✨ This means that the regulatory environment may become more friendly, promoting the compliant development of the industry. While the overall market sentiment is neutral, Bitcoin, as the leader of digital assets, may benefit from this policy adjustment and continue to shine! 🚀
Bitcoin is gaining momentum again! 🎉 According to OKX market data, the price of Bitcoin has broken through 82,000 USDT, currently reported at 82,046.3 USDT, with a 24-hour increase of 6.06%. This upward trend has delighted Bitcoin supporters and once again proves its strong performance in the cryptocurrency market. Despite the constantly changing global blockchain regulatory environment, Bitcoin continues to demonstrate its unique ability to resist risks and its market appeal. What will the future trajectory be? Let's wait and see! 🔍
According to OKX's latest market data, the price of Bitcoin has surpassed 81,000 USDT, currently reported at 81,008 USDT, with a 24-hour increase of 5.36%. Against the backdrop of tightening global regulations, Bitcoin continues to demonstrate strong growth momentum, becoming a bright spot in the cryptocurrency market. 🌟
Despite overall market volatility, investor confidence in Bitcoin seems unaffected. As the leader of cryptocurrencies, Bitcoin's performance may continue to lead the market to new highs. 📈
Let us wait and see if Bitcoin can maintain this momentum in the future! 🚀
Bitcoin enthusiasts, the exciting moment has arrived! 🎉 According to OKX's latest market data, the price of Bitcoin has broken through the 80,000 USDT mark, currently reported at 80,023.4 USDT, with a 24-hour increase of 3.85%. This undoubtedly injects a strong dose of confidence into the market! 💪
Although the overall market performance is neutral, Bitcoin's strong performance makes people full of expectations for its future. As global attention to blockchain technology continues to rise, and regulatory policies gradually clarify, this may bring more opportunities for the cryptocurrency market. 📈
Let’s wait and see what surprises Bitcoin can bring! 🚀
The CEO of the Pakistan Cryptocurrency Committee, Bilal Bin Saqib, recently revealed an exciting plan: Pakistan will utilize some of its surplus electricity to support Bitcoin mining and artificial intelligence data centers! ⚡️ This initiative not only aims to enhance the country's energy efficiency but also has the potential to inject new vitality into the Bitcoin market. 💡
Currently, Pakistan has engaged in talks with several Bitcoin mining companies, and specific mining locations will be determined based on the electricity supply conditions in various regions. This move demonstrates Pakistan's proactive exploration in the blockchain industry and adds a touch of brightness to the future development of Bitcoin! 🌟
Odaily Planet Daily reports that the London blockchain startup Wunder.Social has successfully raised $50 million in funding, led by Rollman Management, with the goal of reshaping social media! 🎉 The project uses blockchain technology to verify social media users, aiming to eliminate bots and share advertising revenue with users. Wunder.Social plans to launch its token later this month and is expected to create new waves in the cryptocurrency space! Although the overall market is performing neutrally, Bitcoin remains the star in the hearts of many investors, continuing to shine with its unique brilliance. ✨