火讯财经

Article source: Nancy

Author: Nancy, PANews

While competitor LetsBONK.fun is rising strongly, the long-anticipated airdrop of Pump.fun has fallen through, becoming the last straw that broke the community's confidence, further accelerating the downward spiral of the PUMP coin price, as short sellers profited massively and whales fled.

The airdrop falling through exacerbates the decline of the PUMP coin price, with nearly 90% of investors voting with their feet.

On July 24, the eagerly awaited PUMP airdrop did not materialize as rumored; instead, Pump.fun co-founder Alon clarified during a live broadcast, further exacerbating the market's bearish sentiment.

Article reprinted from: ChainCatcher

Author: Fairy, ChainCatcher

Editor: TB, ChainCatcher

Another manipulation scandal has come to light, this time it’s Crypto Beast.

With nearly 800,000 followers, the big KOL simultaneously promotes, pumps, sells, and harvests.

On July 14, the token Altcoin (ALT), heavily promoted by Crypto Beast, plummeted from $0.19 to $0.003, evaporating nearly $190 million in market value within just a few hours, with 45 wallets associated with him simultaneously selling off, cashing out over $11 million in total.

This article will review the entire process of this harvesting event, revealing the manipulation truth behind it.

Article source: Deep Tide TechFlow

Author: Ada, Deep Tide TechFlow

'The bull market has come, but why is every group so quiet?' Netizen Tongxinnai cheese raised doubts in the Opensky community group.

'Because of short positions + empty positions.' replied group member Niner.

For Niner, who has experienced the last bull and bear markets, this bull market should have been a good time to make a significant profit, but Niner admits that this market 'hasn't made any money either.'

There are also full-time trader Johhny, who is in a similar situation to Niner. He claims, 'Since Trump tweeted about Trump, I haven't made any money.'

Article source: MetaEra

Article author: Lesley, MetaEra

At the 'Shanghai-Hong Kong Mutual Cooperation and Joint Contribution to Web3 - Shanghai-Hong Kong Web3 Complementary Cooperation Development Conference' on July 19, MetaEra's CEO Jessica had an in-depth dialogue with Long Fan, professor and founder of Conflux, 'China's only compliant public chain.'

Long Fan graduated from Tsinghua University’s Yao Class, then went to the Massachusetts Institute of Technology (MIT) to pursue a PhD in computer science, and is now a professor in the computer science department at the University of Toronto, with outstanding academic achievements. During this conversation, Long Fan reviewed the growth of Conflux and delved into the future development direction of the blockchain industry, especially how to balance technological innovation and compliance, and promote the healthy development of the entire industry against the backdrop of increasingly strict global digital currency regulation.

Article source: Foresight News

Author: KarenZ, Foresight News

Tether CEO Paolo Ardoino disclosed on July 23 that 'its portfolio covers over 120 companies, and this number is expected to grow significantly in the coming months and even years. These investments are sourced from Tether's own profits (with a profit of $13.7 billion in 2024), completely isolated from USDT (and other stablecoin) reserves, falling under the business scope of Tether Investments.'

Tether Investments is a company established under the laws of the Republic of El Salvador, focusing on strategic investments that intersect technology, infrastructure, and practical utility in various fields. Its portfolio covers artificial intelligence, financial services, energy, biotechnology, education, and digital media, and holds strategic equity in industries such as commodities, remittances, sports, and entertainment, extending its reach beyond stablecoins.

Article reprinted from: Lawyer Xiao Za

Author: Lawyer Xiao Za team

In recent years, with the development of blockchain technology and the continuous improvement of the regulatory framework, the tokenization of RWA (Real World Assets) has gradually become a focus of attention in the financial market, with Hong Kong, the United States, Singapore, and other places responding and attempting to varying degrees. At the same time, traditional IPO (Initial Public Offering) remains an important way for companies to raise funds. So, what are the similarities and differences between RWA and IPO? What are their respective advantages? How should companies choose? The Xiao Za team will discuss the relationship between the two today, aiming to provide references for companies with different needs in choosing financing paths.

Article source: Tim

Author: Jonaso

Translated by: Tim, PANews

Recently, we have all witnessed the explosive rise of ENA, with not only the price soaring but also capturing attention rapidly, showcasing an astonishing speed of ascension.

But what most people don't realize is that the main catalyst has yet to emerge: the fee switch.

The rise of a new giant in stablecoins

In less than a year, the supply of USDe has surged from $0 to over $6 billion, surpassing DAI to become the third-largest decentralized stablecoin, behind only USDT and USDC.

The annualized yield of sUSDe has reached 10%, making it the highest sustainable yield in the current cryptocurrency space. The surge in yields is driving the development of aggressive cyclical arbitrage strategies on Aave and other decentralized platforms.

Article Source: Felix

Author: Coingecko

Compiled by: Felix, PANews

The crypto market seems to be entering an active growth phase. Bitcoin's price increase has driven the rise of the entire crypto market. However, every investor asks one question: When will the bull market end, and when should profits be locked in? Perhaps market cycles and liquidity layers can provide answers.

Market cycles are a recurring phenomenon in the financial realm, and cryptocurrency is no exception. These cycles reflect the liquidity between different asset types and the changes in investor behavior over time.

Article reprinted from: Zuo Ye Wei Bo Shan

Yiwu and Hangzhou are not far apart; it's not just mineral water that's flowing, but also stablecoins.

From the underground businesses of Asia, Africa, and Latin America to the Indian diaspora in the Arabian Sea, an iron curtain has been drawn across the Third World continent.

Behind this iron curtain sit all the barriers of banks and FinTech—Bank of America, J.P. Morgan, non-bank institutions, Wall Street, K Street, the four major state-owned banks, as well as Washington and Silicon Valley.

These famous fortresses and capital flows are all located within the influence of TradFi, falling under the impact of stablecoins in one way or another, and are increasingly under the control of USDT and Sun.

Article reproduced from: Mankun Blockchain

Author: Shao Shiwei

'Why have stablecoins suddenly become 'popular'?

Recently, the concept of 'stablecoins' has indeed become quite popular. For those who have not paid attention to Web3 or virtual currencies, 'stablecoins' may still be a somewhat unfamiliar term. However, as a lawyer who has been deeply engaged in blockchain legal services for many years, I encounter related businesses and cases every day, and now it seems to have 'broken the circle.'

However, in just a few days recently, a few news events grouped together still feel somewhat magical.

Article source: BitPush

Interview guest: American macro investor, founder of 50T, Dan Tapiero

Podcast source: When Shift Happens

Broadcast date: Jul 10, 2025

Compiled by: BitpushNews

Preface:

In the rapidly changing financial world, there are always voices that can penetrate the fog and guide the way. Dan Tapiero, founder of 10T Holdings (now renamed 50T) and One Round Partners, a veteran global macro investor who once managed over $1.5 billion in Web 3 and digital assets, has now bet all his wealth on the trillion-dollar future of cryptocurrencies. This podcast episode discusses his survival rules in this 'new world', risk management philosophy, and unique insights into industry development.

Article reproduced from: Agintender

The Genius Act is building a 'digital Chaoshan money bank', liquefying the dollar—it's not just about settling in dollars, but making the dollar 'become the circulation itself', becoming the default unit in your wallet and the unit you unconsciously rely on for saving, investing, settling, consuming, and marrying, becoming the 'water' essential to life.

The Genius Act allows residents of other countries that previously could not access 'physical dollars' due to foreign exchange controls to legally, compliantly, and securely access, use, store, pay with, and even settle with dollar stablecoins, thus penetrating the dollar into all aspects of the world.

Article reproduced from: 0xResearcher.

Author: 0xResearcher.

Everyone is saying: 'Data is the new oil.' But in the real world, most people are just passersby at a roadside gas station, watching the excitement, but have never truly owned a 'data oil field'.

We create content online every day, provide behavioral data, and even supply training materials for AI, but very few people gain value from it. Currently, 95% of the AI training data worldwide is controlled by five major tech giants, which own the most complete 'data asset pool' and are using these 'data walls' to define how the world operates.

Article reprinted from: Nancy

Author: Nancy, PANews

Currently, various cryptocurrencies are competing for attention in the market, showcasing dramatic price surges. Unlike front-stage players competing for visibility, Galaxy Digital is one of the behind-the-scenes orchestrators of this treasury narrative. In fact, from asset management services to infrastructure development, and from direct investments to structured support, Galaxy is accelerating its compliance transformation and diversification strategy after entering traditional capital markets.

Launching two types of customized services, Galaxy becomes the behind-the-scenes driver of crypto treasuries

Currently, more and more companies are allocating part of their assets to mainstream cryptocurrencies like Bitcoin and Ethereum, for asset reserves, inflation hedging, and even generating financial returns.

Article source: Deep Tide TechFlow

Author: Deep Tide TechFlow

Whenever the market is good, FUD is inevitable.

Today, a message has made everyone worried about the price of ETH again:

Validators on the Ethereum network are queuing up to unstake ETH.

As a representative of the PoS consensus mechanism, staking ETH is technically used to maintain the security of the entire Ethereum network and can economically yield additional returns from staking, locking the liquidity of ETH in the staking pool.

However, according to the Validator Queue data, as of July 23, approximately 521,252 ETH were queued for unstaking among Ethereum validators, with a market value of about $1.93 billion, and the waiting time for unstaking exceeded 9 days and 1 hour.

Article reproduced from: Crypto Salad

(Hong Kong Digital Asset Development Policy Declaration 2.0) (hereinafter referred to as (Policy Declaration 2.0)) is a policy document released by the Hong Kong Special Administrative Region government on June 26, 2025, aiming to build Hong Kong into a global innovation center in the digital asset field, further updating and perfecting the existing policy and regulatory framework to adapt to the rapid development of the digital asset industry.

Financial Secretary Paul Chan stated that (Policy Declaration 2.0) demonstrates the SAR government's vision for the development of digital assets and showcases the practical applications of tokenization, advancing the diversification of application scenarios. By combining prudent regulation with encouraging market innovation, a more vigorous digital asset ecosystem that integrates with the real economy and social life can be constructed, bringing benefits to the economy and society while consolidating Hong Kong's leading position as an international financial center. With the release of (Policy Declaration 2.0), it is believed that everyone will raise such questions:

Article Source: Foresight News

Author: Kevin

Translation: Luffy, Foresight News

Despite the cryptocurrency community's long-standing enthusiasm for tokenized assets and on-chain assets as a means of enhancing accessibility, the most significant progress has actually come from the integration of cryptocurrencies with traditional securities. This trend is perfectly exemplified by the recent surge in public market interest in 'corporate crypto asset treasuries'.

Michael Saylor's Strategy was the first to implement this strategy, transforming his company into one with a market value exceeding $100 billion, outperforming even Nvidia. We elaborated on this blueprint in our article about Strategy. The core logic of these financial strategies is: publicly issued stocks can obtain lower-cost unsecured leverage, which ordinary traders cannot access.

Article reprinted from: Xiao Pai's Circle of Friends.

Author: Lao Bai.

It's been two years since I wrote the diamond hand series, and today I'm coming out with a third version, which is likely to be the last one in the diamond hand series. Because in this cycle of the crypto world, aside from rewarding BTC diamond hands, others that have been invested have basically been ruthlessly dumped. The previous diamond hand series leaned towards finding Alpha; this one is more towards Beta. After all, some Alpha investments have been severely cut, and it's really hard to look back at the past.

The biggest Beta is, of course, the super strong BTC + ETH, SOL, BNB. As for the altcoins, I personally currently favor these four and plan to continue investing.

Article reprinted from: Odaily Planet Daily

Original | Odaily Planet Daily

Author | Golem

These days, Bitcoin has broken through $120,000 and set a new high, but the more Bitcoin prices rise, the more the Bitcoin ecosystem, which is huddled in the corner, seems to be silent. "Either explode in silence, or perish in silence." Although the Bitcoin ecosystem is gradually disappearing from the public eye, there are still people who are persevering. BTCFi pioneer Merlin is one of them.

Amid Bitcoin's continued new highs and the recovery of the altcoin market, Odaily Planet Daily had the honor of conducting a conversation with Merlin founder Jeff. In the conversation, Jeff elaborated on the details of Merlin's BTCFi and AI Agent products and disclosed subsequent plans, while announcing the launch of RWA projects in the Bitcoin ecosystem in early August.

Article source: BlockWeeks

Source: unlock-bc, translated by BlockWeeks

In 17th century Netherlands, a flower sparked the first verifiable financial bubble in history—the tulip bubble.

This trend, initially symbolizing beauty and status, quickly evolved into a speculative frenzy, ultimately leaving countless people bankrupt.

Centuries later, Bitcoin surged to over $120,000, reigniting people's thoughts on comparison. A report from Al Arabiya explored the similarities between tulips and tokens, reminding everyone to be cautious—not because 'Bitcoin must be a bubble', but because human speculative behavior often repeats.