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White House Press Secretary: Trump plans to sign relevant encryption legislation including the Genius proposal on Friday.

Golden Finance reported that the White House Press Secretary: Trump plans to sign related encryption bills, including the Genius draft, at an event on Friday.
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Brazilian President Lula: We will regulate and tax American digital companies.

Golden Finance reports that Brazilian President Lula: We will regulate and tax American digital companies.
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Fed's Daly: Interest rates will ultimately stabilize at 3% or higher.

Golden Finance reports that Fed's Daly: the Interest Rate will ultimately stabilize at 3% or higher.
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Fed's Daly: Whether the rate cut is in July or September is not the most critical.

Golden Finance reported that Fed's Daly: (when asked about the possibility of a rate cut in July) that is a wrong question. Whether it's in July or September is not the key issue.
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Yala released tokenomics

On July 17, news came that Yala announced the launch of its token YALA and revealed the tokenomics, with a total supply of 1 billion tokens (fixed), of which 3.4% is allocated for Airdrop.
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GateUser-d92b9749vip:
2025 GOGOGO 👊
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Mable Jiang founded the social protocol Trends, which has received early support from several industry professionals and well-known investors.

Odaily News July 17, Mable Jiang announced the establishment of the social protocol Trends—a social protocol anchored in value, dedicated to advancing the boundaries of information finance. Trends will first serve as the on-chain curation layer for X (formerly Twitter), and will later expand to any open content like TikTok, ultimately growing into a social protocol operated collaboratively by on-chain capital. Each piece of content has its own curve, fluctuation, and breakout point; accounts that continuously produce or discover high consensus content will accumulate a reputation on-chain that is difficult to forge.
Trends has received early support from many outstanding founders and angel investors, including: Anatoly Yakovenko, Lily Liu (Solana Foundation), Meow &
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Securitize brings the tokenized Hamilton Lane credit fund to multiple chains, adding features for DeFi users.

Securitize collaborates with Hamilton Lane to upgrade its private sale credit fund, achieving cross-chain interoperability, adding features aimed at DeFi users, and providing real-time net asset value through the RedStone Oracle Machine. The newly launched sSCOPE Token supports regulated DeFi operations.
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Bit Origin plans to raise $500 million in equity and debt financing to launch a DOGE treasury reserve.

Golden Finance reports that the Nasdaq-listed mining company Bit Origin has announced that it has reached an agreement with accredited investors to sell up to $400 million in Class A common stock and up to $100 million in Convertible Bonds. The $500 million raised will be used to launch a DOGE treasury reserve, and Bit Origin is expected to become the largest publicly traded company by DOGE holdings to date. The company states that DOGE may be integrated into payment scenarios in the future (such as X Money).
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CANARY submitted S1 application documents to the SEC for the STAKED INJ ETF.

PANews July 17 news, according to the SEC's official website, CANARY submitted the S1 application document for the STAKED INJ ETF to the SEC.
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BTC Digital has shifted its strategy to Ethereum and no longer holds Bitcoin, completing a $6 million financing.

BTC Digital Ltd. announced a strategic transformation, focusing on Ethereum, halting its holdings of Bitcoin, completing a $6 million financing, increasing its holdings of $1 million in ETH, and planning to convert all Bitcoin into Ethereum, with a goal of reaching tens of millions of dollars in total ETH reserves by the end of the year. Meanwhile, BTCT will launch ETH staking and participate in Decentralized Finance projects.
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EightDirectionsOfWealth6688vip:
BTC is in position, with a downward movement like that. After Ether rises and alts rise, will they all fall together into a Bear Market?

The listed company BitMine Immersion disclosed that the value of its Ethereum holdings has exceeded 1 billion dollars.

PANews, July 17 - According to a report from PR Newswire, BitMine Immersion (NYSE AMERICAN: BMNR) announced today that the value of its holdings in Ether and Ether equivalents has exceeded $1 billion. To promote its light asset treasury strategy, the company completed its first round of $250 million in private sale financing on July 8. According to Bloomberg data, as of 3:45 AM Eastern Time on July 17, the company holds a total of 300,657 Ethers, with each priced at $3,461.89.
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Jump Crypto is selling over $40 million worth of ETH, recovering assets from the Wormhole incident.

According to Ember monitoring, Jump Crypto exchanged 11,802 stETH (approximately $40.5 million) for ETH within an hour and transferred it to Address 0xf58, with some funds flowing to the exchange. This batch of ETH originated from the stolen assets of the Wormhole hack in February 2023, which Jump collaborated with Oasis to recover. Initially, 120,000 ETH was recovered, and about 28,000 ETH is still held.
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