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Share link:In this post: Ethereum ETFs saw record weekly inflows of $907.99 M, their best week since launching in July 2024. The largest daily inflow was on July 10, with $383.10 M, supported by two other strong days on July 9 and 11. ETH price surged over 17%, hitting $3,000 on July 11, driven by ETF demand and improved investor confidence.
Share link:In this post: Trump set a hard August 1 deadline with 30% tariffs on Mexico and the EU, demanding stronger action and trade concessions. Brazil, Canada, Japan, and South Korea now face steep new tariffs as Trump expands targets beyond trade disputes. The White House is floating a 50% copper tariff, a potential 200% pharma tax, and broader blanket tariffs of up to 20%.
ARK surged 75% in one candle and is now eyeing a +271% rally toward the $2.0278 price target.A Bullish Target of $2.0278 in SightWhat Traders Should Watch Next
The Caldera Foundation has unveiled its native token, $ERA, marking a major step in its effort to unify blockchain ecosystems through its modular architecture.
- 02:08Over 50 Companies in Hong Kong Intend to Apply for Stablecoin LicensesOdaily Planet Daily reports that with the Stablecoin Regulation set to take effect on August 1, there are currently 50 to 60 companies interested in applying for a Hong Kong stablecoin license. Half of these are payment institutions, while the other half are well-known internet companies, most of which have Chinese capital backgrounds. Industry insiders expect that only 3 to 4 licenses will be issued in the first phase, with the initial stablecoins mainly pegged to the Hong Kong dollar and the US dollar. (Hong Kong 01)
- 01:5610x Research: BTC’s New Highs Are Not Driven by Market Hype, but by Deeper Macroeconomic ShiftsAccording to a report by Jinse Finance, the latest analysis from 10x Research indicates that Bitcoin’s recent all-time highs are not driven by market speculation, but rather by deeper macroeconomic shifts. The increase of the US debt ceiling by $5 trillion, massive deficit spending, and the upcoming crypto policy report from the Trump task force are collectively reshaping the macro landscape. The report suggests that Bitcoin has evolved into a macro asset used to hedge against unchecked fiscal spending, marking a fundamental shift in its narrative. The FOMC meetings on July 22 and 30 could serve as key catalysts for redefining Bitcoin’s role within the financial system. Data shows that seasonal factors in July, a surge in bullish options buying, and a wave of short liquidations have jointly fueled the current rally.
- 01:56Tianyuan Technology: Currently in the Final Stages of Collaboration with a Hong Kong Dollar Stablecoin IssuerAccording to Jinse Finance, Tianyang Technology (stock code 300872) stated during an institutional survey that certain exchanges and other institutions have already participated in the Hong Kong dollar stablecoin pilot. The company continues to adopt an open ecosystem strategy, hoping to attract more partners to join. Additionally, the circulation of stablecoins outside its own ecosystem still requires infrastructure support from third-party institutions, and there are clear opportunities for cooperation in the circulation process involving U cards. At present, the company has entered the final stage of cooperation with a Hong Kong dollar stablecoin issuing institution. (Sina Finance)