What to watch next week | The deadline for tariff negotiations is approaching; the House of Representatives is expected to advance the vote on the GENIUS and CLARITY bills (7.7-7.13)

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Azuma
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The Republican Banking Committee will hold a hearing on the structure of the crypto market, with Ripple CEO and others in attendance.

What to watch next week | The deadline for tariff negotiations is approaching; the House of Representatives is expected to advance the vote on the GENIUS and CLARITY bills (7.7-7.13)

Next weeks highlights

July 9

The trade negotiation deadline (July 9) is approaching, and Trump will decide whether to extend the negotiations ;

The Republican Banking Committee will hold a full committee hearing on the structure of the crypto market, with Ripple CEO and others in attendance ;

July 10

Telegram founder Pavel Durov has been allowed to leave France from July 10 but can only go to Dubai ;

Others (specific time undetermined)

Crypto Reporter: House leaders hope to bring the GENIUS Act and CLARITY Act to a vote as early as next week ;

Federal Reserve News

  • At 02:00 on Thursday, the Federal Reserve will release the minutes of its monetary policy meeting;

  • At 21:00 on Thursday, 2025 FOMC voting member and St. Louis Fed President Moussalem will deliver a speech on the U.S. economy and monetary policy;

  • At 02:30 on Friday, 2027 FOMC voting member and San Francisco Fed President Mary Daly delivered a speech on the outlook for the U.S. economy.

From July 7 to July 13, more noteworthy events in the industry are previewed below.

July 7

OKX will remove X, BSV and other currencies from spot trading on July 7

Odaily Planet Daily reported that according to official news, OKX will officially delist X/USDT, BSV/BTC, BSV/USDT, BSV/USD, GOG/USDT, GOG/USD, DIA/USDT, DIA/USD, BONE/USDT, BONE/USD, OXT/USDT, OXT/USD trading pairs from 4:00 to 6:00 pm (UTC+8) on July 7, 2025.

In addition, OKX has suspended the recharge operations of the above currencies X, BSV, GOG, DIA, BONE, and OXT at 4:00 pm on June 30, 2025 (UTC+8), and will no longer be open in the future.

Users who have placed orders for the above currency pairs, please cancel the order before 4:00 pm (UTC+8) on July 7, 2025. If you fail to cancel the order in time, the order system will automatically execute it for you. It may take 1 to 3 working days to cancel the order.

July 8  

SharpLink Gaming to Ring the Closing Bell on Nasdaq Stock Market on July 7 to Celebrate Company Milestone

Odaily Planet Daily News: SharpLink Gaming, a listed company that uses Ethereum as its main asset reserve, announced that it will ring the closing bell on the Nasdaq Stock Market on July 7, 2025 to celebrate a major milestone in its companys development.

Binance Wallet: BOOM TGE to be held on July 8

Odaily Planet Daily News: Binance Wallet announced on the X platform that it plans to conduct the BOOM TGE from 16:00 to 18:00 (UTC+ 8) on July 8, 2025. Eligible users need to use Binance Alpha points to participate. An additional 30,000,000 BOOM will be used for upcoming activities. Specific details will be announced separately.

July 9

Bessant: Trump will decide whether to extend trade talks beyond July 9

Odaily Planet Daily News: Three months have passed since Trump postponed the implementation of reciprocal tariffs. However, as the July 9 deadline approaches, the United States has only reached agreements with a few countries such as the United Kingdom and Vietnam. U.S. Treasury Secretary Bessant said that Trump will decide whether to extend negotiations with trading partners beyond the July 9 deadline.

Were going to go with the presidents wishes and hes going to decide if theyre negotiating in good faith, Bessant said Thursday on CNBCs Trade Show, when asked about a possible extension of the deadline. Bessant said he met with EU trade representatives Thursday morning and said U.S. Trade Representative Greer would work hard over the weekend with European officials. Asked about the status of negotiations with Japan, Bessant said there was still no agreement with Japan, probably because domestic politics in Japan complicated the negotiations. Regarding Vietnam, Bessant said his understanding was that the agreement had been reached in principle and that the 20% tariffs announced by Trump were at the heart of the agreement, and that this would not be superimposed on the 10% general tariffs. (Jin Shi)

Republican Banking Committee to hold full committee hearing on crypto market structure, Ripple CEO and others to attend

Odaily Planet Daily reported that according to Eleanor Terrett, a crypto journalist, the Republican Banking Committee will hold a full committee hearing on the structure of the crypto market next week. The hearing will be held at 10:00 a.m. (EST) on Wednesday. Currently confirmed participants include:

Brad Garlinghouse, CEO of Ripple;

Kristin Smith, CEO, Blockchain Association;

Jonathan Levin, CEO of Chainalysis;

Dan Robinson, General Partner, Paradigm.

Polkadot Community Foundation proposes to issue a co-branded Visa card, with voting until July 9

Odaily Planet Daily reported that the Polkadot Community Foundation proposed to issue a co-branded Visa card, and the proposal will be voted on until July 9.

July 10

Telegram founder Pavel Durov allowed to leave France from July 10, but only to Dubai

Odaily Planet Daily reported that Telegram founder Pavel Durov has been approved to leave France from July 10, but he can only go to Dubai and stay for a maximum of 14 consecutive days. All other terms of judicial supervision remain unchanged.  

July 11

None  

July 12

None  

July 13

Aethir Edge Token Economics 2.0 will be launched on July 13

Odaily Planet Daily News Aethir Edge Token Economics 2.0 will be launched on July 13, introducing a staking-driven reward mechanism. Users need to stake ATH to participate in the rewards, which are divided into Bronze, Silver and Gold levels, and can receive up to 240 ATH/day in rewards.  

Others (specific time undetermined)

Crypto Reporter: House leaders hope to bring GENIUS and CLARITY bills to a vote as early as next week

Odaily Planet Daily News Crypto journalist Eleanor Terrett wrote that the U.S. Senate Banking Committee plans to hold a comprehensive hearing on market structure next week. House leaders hope to submit the GENIUS Act and CLARITY Act for a vote as early as next week, but it is still uncertain whether the GENIUS Act will be revised before the final vote, or whether it will continue to move forward according to the plan received by the Senate. If both bills are passed, the GENIUS Act will be submitted directly to Trump, and the CLARITY Act will be submitted to the Senate.

Original article, author:Azuma。Reprint/Content Collaboration/For Reporting, Please Contact report@odaily.email;Illegal reprinting must be punished by law.

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