A gaming company purchases another 11,000 ETH, accumulating nearly 450,000 in Holdings.

Today's News Overview:

A publicly listed company holds $16 million in TAO, making it the largest publicly traded holder in the Bittensor ecosystem.

An investment company has purchased nearly 15,000 ETH and still has $407 million in available funds.

A gaming company has purchased an additional 11,259 ETH today, bringing its total holdings to 449,000 ETH.

A certain exchange has submitted a general listing standard for crypto asset ETPs, and SOL and XRP ETPs are expected to launch in Q4.

A certain startup has completed nearly ten million dollars in Series A financing, with multiple well-known institutions participating.

The native USDT of a certain public blockchain has been put into use at tourist locations in South Korea, where visitors can exchange it for cash through ATMs.

Early investors who built positions in ETH in September 2020 are suspected of selling over 11,000 ETH in the past two weeks, with a cost basis of only $906.5.

NFT sales in July reached $574 million, marking the second highest this year.

A trading platform will launch ResearchCoin (RSC) and Bio Protocol (BIO).

Macroeconomic and Policy Trends

The Hong Kong Monetary Authority has issued new regulations for stablecoin supervision, requiring enhanced VPN risk management.

The Hong Kong Monetary Authority recently issued the "Regulatory Guidelines for Licensed Stablecoin Issuers," requiring licensed institutions to implement effective measures to prevent customers from disguising their true locations through VPNs. Specific measures include checking network protocols, device configurations, and comparing VPN server addresses to enhance monitoring and control of VPN usage.

The Bank of Japan maintains interest rates unchanged, in line with expectations.

The Bank of Japan has decided to maintain the benchmark interest rate at 0.5%, remaining unchanged for the fourth consecutive meeting, which aligns with market expectations.

A certain exchange has submitted a general listing standard for cryptocurrency asset ETPs, which may accelerate the approval process.

A certain exchange has submitted a general listing standard application for crypto asset ETPs to the regulatory authority, and other major exchanges are expected to follow suit. The new rules allow crypto asset ETPs to be listed for trading if the underlying contracts have been listed on a designated market for at least 6 months, and support staking services. Industry analysts expect that the Solana ETP will be approved by October at the latest, while the XRP ETP will be approved slightly later, with both expected to launch in the fourth quarter.

The two major exchanges in the United States propose to simplify the approval process for cryptocurrency ETFs.

Two major exchanges have submitted new regulation proposals to the regulatory authorities, suggesting the establishment of universal listing standards for cryptocurrency ETFs to expedite the approval process for related products. If the new proposal is approved, compliant crypto ETFs will not need to apply separately, which is expected to significantly shorten the listing time.

The widow of a famous American singer fell victim to a cryptocurrency scam, losing $17 million.

The widow of the late American country singer George Jones lost approximately $17 million in a fraud case involving XRP. The suspects are accused of stealing cash and valuable cryptocurrency wallets. Some assets have been recovered, but about $1.5 million in cryptocurrency remains missing.

Trump announces trade agreement with South Korea

U.S. President Trump announced a comprehensive trade agreement with South Korea. The agreement includes South Korea providing $350 billion in investments, purchasing $100 billion in energy products, and fully opening trade with the United States. The U.S. will impose a 15% tariff on South Korea, while U.S. products will not be affected by tariffs.

A certain asset management company submitted a listing application for a Solana spot ETF to the exchange.

A certain asset management company has submitted an application to the US exchange to list a Solana (SOL) spot ETF. The fund will track the performance of the SOL spot price and allow some SOL to be staked on-chain to earn rewards. The application is currently awaiting approval from regulatory authorities.

Market Observation

Analysis agency: Retail demand rebounds, low-value Bitcoin trading volume increases

A report from a data analysis agency shows that after the price of Bitcoin broke its historical high, the activity in the altcoin market has significantly increased. The price of Ethereum has risen by 170% from its recent low, only about 23% away from its historical high. The Bitcoin spot trading below $10,000 has increased by 9.7% in the past 30 days, reflecting a rebound in retail demand. The trading volume of altcoins and Ethereum futures has reached a new high in 5 months, accounting for 83% of the total futures trading volume.

Project Updates

The detailed rules for the airdrop event of a certain trading platform have been announced.

A trading platform has announced the details of the NAORIS token airdrop event. Eligible users can claim 500 NAORIS tokens within 24 hours after the trading begins. The airdrop is divided into two phases: the first phase (the first 18 hours) requires at least 228 points, and the second phase (the last 6 hours) requires at least 200 points.

The native USDT of a certain public blockchain has been put into use at tourist attractions in South Korea.

Some tourism and retail locations in South Korea have launched ATMs that support USDT conversion to cash, available only for foreign tourists. Users can withdraw funds in 85 fiat currencies or load them onto local transport cards. This move reflects South Korea's gradual acceptance of digital asset payments.

A trading platform has launched a new token airdrop activity.

The platform states that users with at least 200 platform points can receive an airdrop of 1600 PLAY tokens. Claiming will consume 15 points, and users must confirm the claim within 24 hours.

A trading platform will launch the new token AIO.

The platform will launch OLAXBT (AIO) on August 2nd. Eligible users can claim the airdrop after trading starts.

A project has launched a 3 million SOL staking pool.

A certain fiber optic network project announced the establishment of a 3 million SOL staking pool, aimed at accelerating the growth and performance enhancement of ecosystem validators. The first phase will be allocated to validators active on the testnet, and further support for geographic diversification of validator expansion will be provided after the mainnet launch.

A trading platform will launch two new tokens.

The platform will launch Bio Protocol (BIO) on the Ethereum network and ResearchCoin (RSC) on the Base network. If liquidity conditions are met, the two trading pairs will be launched in phases after 9 AM Pacific Time on July 31.

Important Data

Early ETH investors suspected of large-scale sell-off

A certain address has recently been suspected of selling 11,185 ETH, with a cost basis as low as $906.5. If sold entirely, it would profit approximately $31.35 million. This address has made multiple large deposits to exchanges recently, with two significant deposits this month.

NFT market sales rebounded in July

In July, NFT sales reached $574 million, a month-on-month increase of 47.6%, marking the second highest this year. Although the number of transactions decreased by 9%, the average sale price rose to $113.08, the highest in six months. The total market value of the NFT market has exceeded $8 billion, a 21% increase since the beginning of the month. The Ethereum chain continues to dominate the NFT market, with sales in July reaching $275 million.

Early Bitcoin wallet activity

Five wallets from the Satoshi era, after being dormant for 15.3 years, are suspected to belong to the same person, and recently transferred 250 bitcoins (approximately 29.64 million USD) into two new wallets.

The locked amount of a certain project has increased significantly.

In the past 30 days, the total locked value (TVL) of a certain project surged by 50%, breaking historical records and reaching $8.5 billion, setting the fastest growth record in the project's history.

Large amounts of ETH continue to accumulate

A new address has cumulatively withdrawn 113,028.97 ETH from a certain platform in nearly 6 days, with a total value of 424 million USD. The current paper profit is approximately 12.044 million USD.

A certain institution has staked a large amount of ETH.

A wallet of a certain organization has deposited 20,736 ETH (approximately 78.96 million USD) into Ethereum PoS for staking.

Whales have once again made large purchases of ETH.

A large wallet address has received 32,855 ETH from a certain platform again, worth approximately $124 million. This wallet currently holds a total of 113,029 ETH, with a total value of approximately $430 million.

Financing Dynamics

A certain technology company completed its Series A financing.

A fintech company announced the completion of nearly ten million dollars in Series A financing, with investors including several well-known Web3 organizations and wealth management firms.

Web3 game project financing

Web3 role-playing game Aria announced that it has raised $5 million in its latest funding round. This round was led and followed by several well-known investment institutions.

Institutional Holdings

A certain gaming company increases its holdings of Ethereum.

The company spent an additional $43.09 million today to purchase 11,259 ETH at an average price of approximately $3,827. Since it began accumulating ETH in early June, the company has purchased a total of 449,000 ETH, with a total value of $1.74 billion and an average price of approximately $3,011. Currently, the unrealized profit is about $386 million.

A certain publicly listed company has become the largest public holder of Bittensor.

The company focused on Bittensor has announced it holds 41,538 TAO tokens, worth approximately $16 million, becoming the largest holder among publicly listed companies. The company's TAO assets will be used to expand validator operations and develop ecological infrastructure.

An investment company increased its holdings in Ethereum.

A publicly listed company focused on Ethereum staking rewards has announced the purchase of nearly 15,000 ETH. This brings its total accumulated purchases and commitments of ETH to 334,757, with up to $407 million in funds available for further ETH acquisitions.