1. Popular currencies on CEX

CEX top 10 trading volume and 24-hour rise and fall:

• BTC: -1.38%
• ETH: +0.39%
• SOL: -4.56%
• XRP: -2.93%
• DOGE: -6.77%
• BNB: -2.37%
• ADA: -2.49%
• NEWT: +30.72%
• SUI: -2.77%
• TRX: +0.74%

24H increase list (data source: OKX):

• VINE: +51.53%
• SOPH: +15.63%
• BABY: +12.92%
• ILV: +12.74%
• CFG: +12.00%
• WCT: +10.39%
• PARTI: +10.01%
• OL: +6.22%
• FLM: +5.57%
• ZBCN: +3.98%

Headlines

Circle will issue interest-bearing stablecoin USYC natively on BNB Chain

According to official news from BNB Chain, Circle will issue interest-bearing stablecoin USYC natively on BNB Chain. USYC uses U.S. Treasury bonds as the underlying asset, supports on-chain interest calculation and near-instant USDC exchange, and users can earn income while maintaining liquidity. BNB Chain said that USYC will enhance its RWA ecosystem, improve user capital efficiency, and promote the upgrade of DeFi experience.

Justin Sun appeared at TRON. Inc's name change bell ringing ceremony

On July 24, Justin Sun, founder of TRON, was invited to participate in the opening bell ringing ceremony of the Nasdaq Stock Exchange as a strategic advisor to TRON. Inc. to celebrate the official name change of TRON. Inc. (NASDAQ: TRON), a Nasdaq-listed company. In June this year, SRM Entertainment, the predecessor of TRON. Inc., announced plans to launch a TRON corporate treasury strategy of up to $210 million and change its name to Tron Inc. On July 16, SRM Entertainment officially changed its name to Tron Inc., and changed its stock code from "SRM" to "TRON" on Nasdaq from July 17, 2025. Justin Sun said: “I am very proud to tell you that TRON (TRX) has been strategically reserved by a Nasdaq-listed company. I believe that this is not only a big step for TRON. Inc, but also an important moment for the entire blockchain industry, which is worth remembering together. This also marks the true beginning of the cryptocurrency era. Finally, I would like to thank my family for their support along the way, and thank our team for working day and night to build the entire ecosystem.”

Monad rumor-busting token to launch on September 30

Previously, the Monad token page on Coinmarketcap showed that Monad will be launched on September 30, 2025 (September 29, North American time), with a total supply of 100 billion tokens. Monad refuted the information on the X platform and said that "only one of these information is correct (token symbol)".

Binance: Users with at least 225 Alpha Points can claim the first phase of Aspecta (ASP) airdrop

According to the official announcement, Aspecta (ASP) trading will start at 10:00 (UTC) on July 24, 2025. Eligible users can use Binance Alpha points to claim an airdrop of 125 ASP tokens on the Alpha event page within 24 hours after the start of trading. The Binance Alpha airdrop will be carried out in two phases: Phase 1 (first 18 hours): users with at least 225 Binance Alpha Points can claim the airdrop; Phase 2 (last 6 hours): users with at least 200 Binance Alpha Points. You can participate in the airdrop on a first-come, first-served basis. If the rewards are not fully distributed, the points threshold will automatically decrease by 10 points per hour. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim on the Alpha event page within 24 hours, otherwise it will be deemed to have given up the claim.

Industry News

UK AI firm Satsuma Technology raises $135 million to build Bitcoin treasury

Satsuma Technology, a London-based artificial intelligence company, has raised £100 million (about $135 million) to build a Bitcoin treasury, setting a record for UK Bitcoin treasury fundraising. The company said it has successfully completed fundraising in excess of the target amount and expects all pledged funds to be in place within the next two weeks. If all funds are converted into Bitcoin, the acquisition will make Satsuma the second largest corporate Bitcoin holder in the UK, second only to The Smarter Web Company, which holds 1,600 BTC (worth about $190 million). (Cointelegraph)

Strategy plans to raise funds to buy Bitcoin to $2 billion

According to zoomer, Strategy plans to increase the scale of funds raised for purchasing Bitcoin from US$500 million to US$2 billion.

Semler Scientific increased its holdings by 175 BTC, bringing its total holdings to 5,021 BTC

Semler Scientific, a US-listed company, increased its holdings by 175 BTC, bringing its total holdings to 5,021 BTC.

Project News

Half an hour after Bonk announced the completion of the repurchase, Galaxy Digital transferred 510 billion BONK to Binance and Coinbase

According to on-chain analyst Ember, half an hour after the Bonk project tweeted that it had repurchased and destroyed 500 billion BONK (US$18.47 million), 510 billion BONK (US$18.75 million) were transferred from Galaxy Digital to Binance and Coinbase. He said this may have caused BONK to fall by 10%: from US$0.0000365 to US$0.0000325.

STEPN announced that it will once again airdrop GMT to Genesis users and active users

STEPN officially announced that it will once again conduct a GMT airdrop to STEPN and STEPNGO users. The airdrop snapshot time is 7 am UTC on July 17. You are eligible to receive the airdrop if you meet any of the following conditions. 1. Hold a qualifying STEPN badge in your consumer account; 2. Own at least 1 Genesis sneaker or shoebox (duration is important); 3. Rank in the top 5,000 of the STEPN historical rankings (ranking is important); 4. Use at least 10 energy points in the 30 days before the snapshot.

WOO X was hacked, with losses exceeding $12 million, and the platform has temporarily suspended withdrawals

Cyvers Alerts posted on the X platform that it had detected multiple suspicious transactions involving the trading platform WOO X, covering BTC, ETH, BNB and ARB networks, with an estimated loss of more than $12 million. On the Ethereum network, a suspicious address received $1 million worth of USDT and additional ETH from WOO's hot wallet. The $1 million USDT was then exchanged for ETH, and then about $7.3 million in funds were transferred to a new address. The WOO team has confirmed the incident and said: "We are investigating a restricted incident that occurred on the WOO X platform earlier today." User funds and transactions are currently unaffected, but the platform has temporarily suspended withdrawals during the investigation.

Celestia Foundation purchases all remaining TIA held by Polychain for $62.5 million, to be transferred to new investors

According to official news, the Celestia Foundation has partnered with Polychain Capital to transfer all remaining TIA tokens held by Polychain to new investors. This month, the Foundation purchased 43,451,616.09 TIA from Polychain Capital for $62.5 million. To complete this transaction, Polychain will soon cancel all of its staked TIA holdings. To ensure that the Foundation's financial situation is not affected, the Foundation is completing the distribution of TIA with new investors. These transactions will use a rolling unlocking mechanism, with the first unlocking starting on August 16 and completed on November 14.

Solana Foundation and Ecosystem Partners Release “Internet Capital Market” Roadmap

Leaders from the Solana Foundation, Anza, Jito Labs, DoubleZero, Drift, and Multicoin Capital jointly wrote the "Internet Capital Market" roadmap. They proposed the future evolution direction with Application-Controlled Execution as the core, covering the short-term launch of Jito's trading module BAM, the medium-term low-latency communication network DoubleZero and Alpenglow consensus protocol, and the long-term deployment of the multi-leader mechanism (MCL)

Anchorage Digital Partners with Ethena Labs to Launch USDtb, the First GENIUS-Compliant, Federally Regulated Stablecoin

Anchorage Digital announced a strategic partnership with Ethena Labs to launch USDtb, the first stablecoin in the United States with a GENIUS Act compliance path. As the only federally chartered crypto bank in the United States, Anchorage Digital will issue USDtb in the United States through its stablecoin issuance platform, helping institutional clients access digital dollars in a compliant and secure manner. (Business Wire)

Elympics has opened the ELP token airdrop qualification inquiry page

Elympics announced on the X platform that it has opened the ELP token airdrop qualification query page. The top 1,600 Respect points, the top 500 Cookie Snaps list, and the stakers who stake COOKIE tokens through the MAF pool can receive token airdrops if they meet any of the following conditions.

Investment and Financing

Crypto mining company Bitzero receives $25 million in funding to expand its mining operations

Bitzero, a crypto mining company backed by Kevin O'Leary, recently received $25 million in financing, which it plans to use to expand its mining operations. The company said that the first batch of funds will be used to purchase 2,900 Bitmain S21 Pro mining machines, which are expected to be deployed within four to six months, bringing the company approximately $10 million in new revenue each year. At the same time, Bitzero is committed to using hydropower and low-carbon energy to promote the sustainable development of its data centers in North America and Europe. Mohammed Bakhashwain, president and CEO of the company, said that the financing will accelerate the deployment of leading mining technology and further consolidate Bitzero's leading position in sustainable and profitable data centers. (The Block)

Character*Voice

CryptoQuant founder: The Bitcoin cycle theory of "whales hoarding and buying, retail investors entering the market to sell" has failed

KiYoungJu, founder of CryptoQuant, posted on the X platform that the cycle theory of Bitcoin "buy when whales stock up and sell when retail investors enter the market" has failed. In previous cycles, whales would sell their chips to retail investors, but now it is old whales selling to new long-term whales. Institutional participation is far beyond expectations, and the number of holders has exceeded traders.

Yi Lihua: ETH is trending strongly and is close to ending its volatility. Don’t short in a bull market

Yi Lihua, founder of LD Capital, wrote on the X platform, "ETH is close to ending its volatility. Originally, this was a huge pressure point, and many OGs collectively untied their positions. In the bull market trend, no matter what kind of negative factors there are, don't short and try not to short, and stick to the principle of trend investment."

Former Ethereum core developer: The bullish logic for ETH in the next few years is not the configuration of corporate balance sheets, but the global adoption of stablecoins

Eric Conner, a former Ethereum core developer, posted on a social platform that the bullish logic for ETH in the next few years is not the allocation of corporate balance sheets, but the global adoption of stablecoins. He pointed out that people around the world want to gain exposure to the US dollar, and this demand will usher in explosive growth. In the process, potentially billions of people will discover the Ethereum network.

Bank of America: U.S. stablecoin supply may increase by $25 billion to $75 billion in the short term due to the GENIUS Act

Bank of America said that with the passage of the GENIUS Act, the supply of stablecoins is expected to grow by $25 billion to $75 billion in the short term. The bill lays the foundation for stablecoin regulation in the United States and promotes the development of related infrastructure and tokenized finance. Bank of America also pointed out that the banking industry is preparing to issue stablecoins through a consortium model. This growth is expected to drive an increase in demand for U.S. Treasuries and promote the widespread adoption of digital assets. (CoinDesk)

Galaxy CEO: Ethereum is expected to outperform Bitcoin in the next 3-6 months

In an interview with "Squawk Box," Galaxy Digital CEO Michael Novogratz said Ethereum has a chance to outperform Bitcoin in the next 3-6 months. (CNBC)