[ChainDD Evening Report] The usage scale of stablecoins in Yiwu is far below rumors, only a few merchants accept them.
Daily Market Update (July 8, 2025, 21:40)
ChainDD market update on July 8 shows, integrated Dede Index and CoinMarketCap quotes:
BTC is priced at $108,698.58, up about 0.43% in the last 24 hours;
ETH is priced at $2,573.40, up about 0.68% in the last 24 hours;
BNB is priced at $660.32, down about 0.17% in the last 24 hours;
DOGE is priced at $0.1701, up about 0.31% in the last 24 hours;
SOL is priced at $151.68, up about 0.08% in the last 24 hours.
Crypto Market Updates
Ethereum execution clients support historical data pruning, significantly saving node storage space.
The Ethereum Foundation announces that starting today, all Ethereum execution clients now support pruning of historical data prior to the merge, reducing the disk space required for running nodes on the mainnet by 300-500 GB.
ChainDD market data for July 8 shows a comprehensive index and CoinMarketCap quotes:
BTC is reported at $108,246.26, down about 0.53% in 24 hours;
ETH is reported at $2,538.46, down about 0.94% in 24 hours;
BNB is reported at $661.23, down about 0.04% in 24 hours;
DOGE is reported at $0.1676, down about 2.05% in 24 hours;
SOL is reported at $149.14, down about 1.32% in 24 hours.
Cryptocurrency Circle Dynamics
Japanese Prime Minister: The U.S.-Japan parties have not yet reached an agreement, and Japan should not make concessions easily
Japanese Prime Minister Shigeru Ishiba stated that due to Japan's insistence on defending its interests, the (U.S.-Japan) parties have not yet reached an agreement. Japan will continue to engage in dialogue with the U.S. to seek a mutually beneficial agreement.
[ChainDD Morning Report] Hong Kong Secretary for Financial Services and the Treasury: Aiming to issue stablecoin licenses within this year.
Daily market update (July 7, 2025, at 10:20 AM)
ChainDD market data for July 7 shows that the comprehensive index and CoinMarketCap quotations:
BTC is priced at $109,041.47, up about 0.78% in 24 hours;
ETH is priced at $2,563.79, up about 1.87% in 24 hours;
BNB is priced at $661.15, up about 0.80% in 24 hours;
DOGE is priced at $0.1714, up about 4.39% in 24 hours;
SOL is priced at $151.22, up about 2.69% in 24 hours.
Cryptocurrency market dynamics.
Trump says Musk is off the rails and criticizes his party formation.
Trump stated on social media: 'Seeing Elon Musk completely 'derailed' in the past five weeks, basically turning into a crashed train, I feel very sad. He even wants to establish a third party, although this has never succeeded in the U.S.—this system doesn't seem designed for them. The third party is best known for causing complete destruction and chaos.'
Original Block unicorn Block unicorn 2025年07月06日 23:14 Guangdong Article author: Thejaswini M A
Article compiled by: Block unicorn
Foreword
The laser eye avatar says it all.
In January 2025, Senator Cynthia Lummis updated her Twitter profile picture to the glowing red laser eye meme. It served as a battle cry for Bitcoin believers.
The 70-year-old Wyoming senator has announced her intention to make the biggest financial bet in American history.
Hours later, the news came: she was appointed chair of the Senate Banking Subcommittee on Digital Assets. After decades of managing Wyoming’s mineral wealth, Lummis now had the ability to convince Congress to buy a trillion dollars’ worth of Bitcoin.
Roundtable Discussion: Circle and Strategy, the Two Crowns of Crypto US Stocks, What is the Future Direction?
Deep Tide TechFlow Wu said Real July 7, 2025 09:00 Shandong
Translation | Deep Tide TechFlow
This podcast is sourced from Unchained on June 13, with some information potentially being outdated. Circle's stock price reached a peak of $263 on June 23 before falling all the way down, currently hovering around $170-190.
Speaker:
Haseeb Qureshi, Managing Partner at Dragonfly
Robert Leshner, Co-Founder & CEO of Superstate
Tarun Chitra, Managing Partner at Robot Ventures
Laura Shin, Founder & CEO of Unchained
Key Points Summary
· Circle's IPO Shocks Wall Street — Rare Two-Day Surge in IPO History: Was this a pricing error by bankers, or is cryptocurrency disrupting traditional finance (TradFi)?
Why is U.S. stock tokenization the beginning of blockchain eating the world?
Block-1625
In 2011, a16z founder Marc Andreessen published an article titled 'Software is Eating the World' in the Wall Street Journal, with the core argument that software is changing the world at an unprecedented speed and scale.
Over the past decade, we have witnessed the rapid development of the internet, giving birth to a number of companies with market values exceeding $100 billion. Even now, this statement remains valid, as AI has begun to change the world in new ways. Some have even suggested that AI is eating software, but it seems that everything started from 2011, as the social media platforms we commonly use, like Weibo and WeChat, erupted that year.
[ChainDD Evening Report] This week, a total of 54 entities announced related to Bitcoin treasury, collectively purchasing 8,434 Bitcoins.
Daily Market Update (July 6, 2025, 20:40)
ChainDD's market data on July 6 shows the combined DD index and CoinMarketCap quotes:
BTC is priced at $108,129.09, with a 24-hour increase of about 0.10%;
ETH is priced at $108,129.09, with a 24-hour increase of about 0.14%;
BNB is priced at $656.34, with a 24-hour increase of about 0.24%;
DOGE is priced at $0.1656, with a 24-hour increase of about 1.22%;
SOL is priced at $148.38, with a 24-hour increase of about 1.30%.
Crypto Market Dynamics
After announcing the establishment of the 'American Party,' Musk posted again: When and where will the first congress be held?
As the 'war of words' between U.S. President Trump and American entrepreneur Elon Musk escalates, Musk announced the establishment of the 'American Party' on the 5th, drawing attention.
The One Big Beautiful Bill Passes, the Printing Press Roars: The 'American Moment' for Crypto Assets Has Arrived
In Washington, seemingly unrelated events often intertwine at a deeper level, sketching a grand strategic picture. At the beginning of July, as public attention focused on the U.S. House's 'Independence Day gift' to President Trump—a massive fiscal bill dubbed the One Big Beautiful Bill (OBBB)—a quieter but equally profound revolution was brewing on Capitol Hill: a series of legislative proposals targeting digital assets are being placed on the agenda at an unprecedented pace.
These two seemingly parallel trajectories—one of aggressive fiscal expansion and the other of precise regulatory reconstruction—are not coincidental. Together, they constitute a carefully designed 'Washington conspiracy': by creating a macroeconomic tsunami while building a regulatory moat tailored for the U.S., they aim to establish an unassailable hegemonic position in the global digital asset race. This is not just about tax cuts or regulation; it is a gamble concerning the dominance of the future financial system.
One Big Beautiful Bill Passed, Printing Press Roars: The 'American Moment' for Crypto Assets Arrives
In Washington, seemingly unrelated events often intertwine at a deeper level, sketching a grand strategic picture. At the beginning of July, when public attention focused on the U.S. House of Representatives' 'Independence Day gift' to President Trump — the massive fiscal bill dubbed the ‘One Big Beautiful Bill’ (OBBB) — another quieter but equally profound revolution was quietly brewing on Capitol Hill: a series of legislative proposals targeting digital assets was being put on the agenda at an unprecedented speed.
These two seemingly parallel trajectories — one of aggressive fiscal expansion and the other of precise regulatory reshaping — are not coincidental. Together, they constitute a carefully designed 'Washington conspiracy': by creating a massive wave of macroeconomic upheaval while constructing a regulatory moat tailored for the U.S., thereby establishing its unassailable hegemonic position in the global digital asset race. This is not just about tax cuts or regulations; it is a gamble concerning the dominance of the future financial system.
The passage of the One Big Beautiful Bill and the whirring of the money printer: The 'American Moment' for crypto assets is here
In Washington, seemingly unrelated events often intertwine at a deeper level, outlining a grand strategic picture. At the beginning of July, when public attention was focused on the 'Independence Day Package' offered by the U.S. House of Representatives to President Trump—the massive fiscal bill dubbed the 'One Big Beautiful Bill' (OBBB)—another quieter but equally profound revolution was quietly brewing on Capitol Hill—a series of legislative proposals targeting digital assets were being put on the agenda at an unprecedented speed.
These two seemingly parallel trajectories—one of radical fiscal expansion and the other of precise regulatory reshaping—are not coincidental. Together, they form a carefully designed 'Washington conspiracy': by creating a massive wave in the macroeconomy while simultaneously building a regulatory moat tailored for the U.S., it aims to establish its unshakeable hegemonic position in the global digital asset race. This is not just about tax cuts or regulation; it is a gamble concerning the future dominance of the financial system.
Exclusive interview with Tyler, co-founder of Sahara AI: Let real usage drive sustainable incentives and build an AI collaboration network
Author: Zen, PANews
As one of the most anticipated AI native public chain projects this year, Sahara AI has attracted a lot of attention since its launch. From the enthusiastic investment of first-tier capital, BuildPad oversubscribed 8.7 times, to direct access to multiple top exchanges on the day of launch, to its performance on South Korea's Upbit, its trading volume once jumped to the second place on the platform, second only to BTC and XRP, which shows the market's high expectations and recognition of it.
Sahara is not only an important representative in the AI × Web3 track, but is also becoming a key coordinate in the narrative of the new generation of infrastructure. Therefore, in this interview, we specially invited Tyler, co-founder of Sahara AI, to provide in-depth answers to the most concerned issues of the outside world.
The passage of the One Big Beautiful Bill and the roar of the printing press: The 'American moment' for crypto assets is here.
Luke's media column 2025-07-04 Heat: 12610
This article analyzes the recent strategic layout of the U.S. in the fiscal and digital asset fields. By promoting large-scale fiscal expansion through the OBBB Act while establishing a regulatory framework for digital assets, the U.S. is attempting to consolidate its global financial and technological hegemony. Fiscal stimulus triggers currency devaluation, creating long-term benefits for hard assets like Bitcoin, while the regulatory moat attracts capital and innovation, ensuring the dollar's dominance in the digital age.
Summary generated by Mars AI.
Written by: Luke, Mars Finance
In Washington, seemingly unrelated events often intertwine on a deeper level, sketching a grand strategic picture. In early July, as public attention focused on the U.S. House's 'Independence Day gift' to President Trump—a massive fiscal bill dubbed the 'One Big Beautiful Bill' (OBBB)—another quieter yet equally profound revolution was quietly brewing on Capitol Hill—a series of legislative proposals targeting digital assets are being placed on the agenda at an unprecedented pace.
The ‘One Big Beautiful Bill’ Passes, The Printing Press Roars: The 'American Moment' for Crypto Assets Arrives
Luke's media column 2025-07-04 Heat: 12610
This article analyzes the recent strategic layout of the United States in the fields of finance and digital assets. By promoting large-scale fiscal expansion through the 'One Big Beautiful Bill,' while formulating a regulatory framework for digital assets, the U.S. is attempting to consolidate its global financial and technological hegemony. Fiscal stimulus triggers currency devaluation, creating long-term benefits for hard assets like Bitcoin, while the regulatory moat attracts capital and innovation, ensuring the dollar's dominant status in the digital age.
Summary generated by Mars AI
Written by: Luke, Mars Finance
In Washington, seemingly unrelated events often intertwine at a deeper level, sketching a grand strategic picture. At the beginning of July, as public attention centered on the U.S. House of Representatives' 'Independence Day gift' to President Trump—the massive fiscal bill dubbed the 'One Big Beautiful Bill' (OBBB)—another quieter yet equally profound revolution was brewing on Capitol Hill—a series of legislative proposals targeting digital assets were being placed on the agenda at an unprecedented pace.
[DeDe Weekly Report] The total market value of global digital currencies increased by about 5.16% compared with last week | 06.30-07.06
According to statistics from Dede Think Tank, as of 12:00 on July 6, 2025, there are 17,017 currencies in the global digital currency market, with a total market value of $3,409,129,363,800 (approximately US$340.91 billion). This week, the total market value of digital currencies fell by approximately US$7.6 billion compared to last week, a decrease of approximately 0.22%.
The global mainstream digital currency market fell slightly last week
According to statistics from Dede Think Tank, as of 12:00 on July 6, 2025, the mainstream digital currency market declined slightly last week.
Among them, the price of BTC fell from $108,385.57 to $108,215.08, a drop of about 0.16%;
[ChainDD Morning Report] Musk responds that 'the election time' is next year.
Daily Market Update (July 6, 2025, 10:30 AM)
ChainDD's market update for July 6 shows a comprehensive index alongside CoinMarketCap's quotes:
BTC is priced at $108,188.68, with a 24-hour increase of approximately 0.23%;
ETH is priced at $2,516.57, with a 24-hour increase of approximately 0.14%;
BNB is priced at $655.54, with a 24-hour increase of approximately 0.10%;
DOGE is priced at $0.1641, with a 24-hour increase of approximately 0.76%;
SOL is priced at $147.37, with a 24-hour decrease of approximately 0.48%.
Cryptocurrency Market Dynamics
Musk responds that 'the election time' is next year.
In response to a tweet where Musk announced the establishment of the 'American Party', a user asked if his new party would participate in the 2026 midterm elections or the 2028 presidential elections, to which Musk replied, 'Next year.'
On-chain Data Observing Stock Tokenization: What are the Differences between xStocks and Robinhood?
Original post by Wu Says Blockchain, Wu Says Real, July 4, 2025, 09:01, Shandong
Author | Wu Says Blockchain
This article is for informational sharing only and does not constitute any investment advice. Readers are advised to strictly adhere to local laws and regulations and not engage in illegal financial activities.
Recently, the topic of stock tokenization on-chain has been hotly debated in the community, with xStocks supported by Backed and Robinhood's model as representatives. In comparison, the stock on-chain model supported by xStocks has more significant openness and composability, allowing ordinary users to trade freely on-chain; while Robinhood, under compliance, only opens to users of exchanges in the EU with clear regulatory standards and does not allow transfers to non-compliant addresses. The following will explore these two models through multiple sets of data.
[ChainDD Morning Report] U.S. House of Representatives votes to pass the 'Big and Beautiful' bill
Daily Market Update (July 4, 2025, 11:20 AM)
ChainDD market data on July 4 shows that the comprehensive DD index and CoinMarketCap quote:
BTC is at $109,187.31, up approximately 0.52% in 24 hours;
ETH is at $2,574.60, up approximately 0.59% in 24 hours;
BNB is at $661.55, up approximately 0.40%;
DOGE is at $0.1704, up approximately 1.21%;
SOL is at $151.21, down approximately 0.56% in 24 hours.
Crypto Market Dynamics
JD.com and Ant Group suggest that the central bank approve RMB stablecoins
According to Reuters citing informed sources, JD.com and Ant Group recently suggested to the People's Bank of China to approve the issuance of RMB-based stablecoins. JD.com pointed out in closed-door discussions that there is an urgent need to promote the offshore RMB stablecoin to serve as a key tool for driving the internationalization of the RMB. There are also reports that Ant Group is preparing to apply for stablecoin-related licenses in Hong Kong and Singapore to make preliminary preparations for the issuance of offshore RMB stablecoins.
[ChainDD Evening Report] Central Bank: Starting August 1, cash purchases of gold exceeding 100,000 yuan must be reported.
ChainDD's market report on June 30 shows the comprehensive DD index and CoinMarketCap quotes:
BTC is priced at $107,739.72, down about 0.43% in 24 hours.
ETH is priced at $2,463.93, up about 0.37% in 24 hours.
BNB is priced at $654.55, up about 0.58% in 24 hours.
DOGE is priced at $0.1650, up about 0.50% in 24 hours.
SOL is priced at $150.31, down about 0.58% in 24 hours.
Cryptocurrency industry news.
The Hungarian central bank rules out the possibility of including crypto assets.
Hungarian central bank official Kraly stated that the central bank is evaluating its international reserve strategy and ruling out the possibility of including any crypto assets.