Grayscale is contesting the SEC's pause on its large-cap fund conversion to a spot ETF, citing investor harm. The firm argues the SEC missed its legal deadline for approval and is considering legal action to resume trading.

Mercado Bitcoin, Latin America’s cryptocurrency exchange, is embarking on an ambitious journey to tokenize over $200 million in real-world assets (RWAs) across the region.
This initiative aims to democratize access to private credit and other products, potentially reshaping the economic landscape i

Bitcoin's recent bullish surge has led analysts to predict further price increases, possibly exceeding $140,000 before a correction. The asset's positive trajectory since April suggests continued momentum, with recent trading above $118,000.

Ethereum's ether (ETH) surged past $3,000, gaining over 8% in 24 hours, driven by increased institutional demand and record ETF inflows. Despite the jump, it remains 38.6% below its all-time high. Public companies are expanding their crypto holdings to include ETH.

Baidu announced the most significant search overhaul in a decade, fully integrating generative AI and launching a smart search box that supports input of over 1000 characters, along with multimedia features such as photos, voice, and video. This move aims to enhance the convenience of content creation and strengthen its position in the Chinese search engine market. This overhaul aligns with the usage habits of Chinese users and meets the demand for long texts.

In the ever-changing global financial world, events outside the cryptocurrency space often create strong ripples in the market. For those who follow digital assets, understanding these macroeconomic changes is extremely important. Recently, the market context was

According to SoSoValue data, on July 11, the total net inflow of Bitcoin Spot ETF reached $1.03 billion, with BlackRock ETF IBIT having a net inflow of $954 million in a single day, and a historical total net inflow of $54.405 billion. The total net asset value is $150.6 billion, and the ETF net asset ratio is 6.43%.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
In a rare move, a Shanghai regulator just held a meeting on stablecoins and digital currencies. Is China warming up to crypto?
Shanghai Regulator Discussed Crypto In A Meeting
Shanghai

According to Techub News, on July 11, the U.S. Ethereum Spot ETF saw a net inflow of approximately $205 million. Among them, the net inflow for BlackRock's ETF ETHA was the highest, reaching $137 million. Other ETFs such as Grayscale and Fidelity also had varying degrees of net inflows.

Democratic lawmakers Maxine Waters and Stephen Lynch oppose Republican cryptocurrency bills, launching "Crypto Corruption Week" to highlight perceived risks. They claim these proposals fail consumer protections and benefit Trump and his associates.

BTC
Zhu Rongji's son Zhu Yunlai: Unlike Bitcoin, stablecoins need to establish credibility through "naming."
Zhu Yunlai, son of Zhu Rongji, former president and CEO of China International Capital Corporation and visiting professor of management practice at Tsinghua University, delivered a keynote speech at the 5th "Zhi Hui Zhong Ou · Beijing Forum". In the context of the new era, the market's demand for efficient and stable trading mediums is becoming increasingly prominent, and the technological ideas of cryptocurrencies such as Bitcoin have also provided inspiration—people are gradually realizing that through a combination-based token management model, it may be possible to construct better payment tools.
However, in the current context, stablecoins are still quite distant from "private currencies." A more realistic path may be for large-scale, highly transparent international institutions to issue them, with their operating algorithms needing to be publicly available—this is in stark contrast to the anonymity of Bitcoin. Stablecoins need to establish credibility through "naming" and include clear disclosures of settlement mechanisms and collateral assets.

Solana's price faces pressures from resistance at the 50-day SMA and potential for an 18%-22% decline. A sideways consolidation could lead to sharp price swings influenced by meme coins, trading tensions, and uncertain ETF developments.

Ripple's application for a U.S. national banking license has sparked renewed interest in XRP, with a price surge and increased trading volume indicating growing institutional and individual investor confidence. Technical signals suggest further growth potential for XRP.

According to Mars Finance, recently, U.S. District Judge Alvin Hellerstein increased Nicholas Truglia's sentence to 12 years due to his failure to fulfill the agreement to pay $20.4 million in restitution to the victims. Truglia pleaded guilty in 2021, admitting to participating in the fraud against Transform Group CEO Michael Terpin. The scheme involved deceiving telecom employees to transfer Terpin's phone number to a hacker-controlled SIM card, thereby gaining access to his crypto assets account. Truglia

According to Mars Finance, Kamino officially announced on the X platform that the funds deposited in the Solana ecosystem have surpassed 4 billion dollars.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Tron (TRX) founder Justin Sun has made a bold move into the political crypto space, positioning himself in direct competition with SpaceX and Tesla founder and CEO, Elon Musk. According to