LiquiditySurfer

[Coin World] U.S. President Trump stated that Congress should investigate Federal Reserve Chairman Powell, and he also reiterated the allowance of artificial intelligence factories to be put into use.

On July 8, according to monitoring by the data platform 【Block Rhythm】, a whale who spent 4.53 million USDC to buy FARTCOIN three days ago has just sold all of it in the past 30 minutes, only returning 3.9 million USDC, resulting in a loss of up to 631,000 USD.

[Block Rhythm] On July 8, according to market data, US stocks related to Crypto Assets collectively surged in the early trading session, with SharpLink Gaming rising over 21%, Bit Digital rising over 19%, Bakkt Holdings rising over 7%, and IREN Ltd rising over 5%.

According to official news, NASDAQ-listed DeFi Development Corp. (NASDAQ code: DFDV) has announced the purchase of an additional 47,272 SOL, valued at approximately 7.19 million USD.

[Golden Finance] According to reports, U.S. stocks opened with the Dow Jones falling 0.09%, the Nasdaq rising 0.26%, and the S&P 500 index rising 0.05%. Most Crypto Assets concept stocks rose, with SharpLink Gaming up over 13% and Bit Digital up over 10%; Circle fell over 3%.

[Coin World] According to the information disclosed in the S-1 form, the spot encryption currency "basket" of the Truth Social Crypto Blue Chip ETF includes Bitcoin, ETH, Solana, XRP, and Cronos. Based on the provisions of the trust protocol, the percentage of asset allocation to the portfolio assets (allocation ratio) is initially expected to be approximately 70% Bitcoin, 15% Ethereum, 8% SOL, 5% CRO, and 2% XRP.

[Coin World] On July 8, according to monitoring by on-chain analysts, the suspected staking and validation service provider Arthapala Address has deposited 6,570 ETH to the exchange in the past 5 hours, worth approximately 16.77 million USD. Since July 2025, the total amount of ETH transferred to the exchange by this address has reached 63,689 coins, with a total value exceeding 164 million USD.

On July 8, according to reports, Ego Death Capital's second fund has completed raising $100 million, focusing on supporting the expansion of Bitcoin ecosystem companies.
The typical target companies for this fund have annual revenues between 1 million and 3 million dollars, but their growth is hindered due to limited funding. This new fund will primarily focus on the Series A financing stage, assisting companies with proven results in scaling growth, while also reserving a small amount of funds for promising early-stage projects (seed round) investment.

[Coin World] In response to community concerns about the reserve situation and income sources of the stablecoin project Falcon Finance (USDf), the project's executive partner Andrei Grachev issued a statement. Among USDf's reserve assets, stablecoins and BTC account for about 89% (approximately 565 million USD), while altcoins account for about 11% (approximately 67.5 million USD). The reserve assets have been audited, and the current over-collateralization rate is 116%. In terms of yield, the protocol's revenue composition is as follows: basis trading revenue accounts for 44%, arbitrage trading revenue accounts for 34%, and staking revenue accounts for 22%. Previously, it was reported that the Falcon Finance stablecoin USDf briefly lost its peg, falling to 0.8799 USD, and has now rebounded to 0.9905 USD.

[Coin World] Kaito founder Yu Hu responded on social media to speculation about "the project party possibly bypassing Kaito to create social rankings" by saying, "First of all, each project will receive the complete social data analysis provided by Kaito during the Snapshot, including each user's contributions within a customizable time period, public opinion analysis, volume analysis, historical behavior and reputation analysis, regional information, loyalty analysis, and so on. Each project will make the final allocation based on the data, its own project preferences, and our reference suggestions. For example, some projects offer additional bonuses to early users, some projects provide loyalty bonuses, some projects give regional bonuses, and some projects don't mind haters, etc. This is highly customizable. The same is true here at Eclipse; in the case of Humanity, the project party did indeed mention when officially announcing the rewards that everyone...

Grayscale Investments announced the adjustment results of its multi-asset fund for the second quarter on July 8, with the DeFi fund adding Ondo, the smart contracts fund adding Hedera and removing Polkadot, while the AI fund maintained its existing asset ratio, and the main Holdings situation was also updated.

The token GP of the Bonk ecosystem development protocol Graphite Protocol has a market capitalization that has surpassed $120 million, currently at $111 million, with a 24-hour rise of 22.2%. The team has repurchased 2.81% of GP tokens within two months and will continue to repurchase, reminding users to invest cautiously.

[Coin World] Letsbonk.Fun founder Tom tweeted, "In the past two months, everyone discussing us has used the domain bonk.fun, but we have never owned that domain. LetsBONK.fun is our actual domain. I am pleased to announce that we have officially acquired the bonk.fun domain and have begun redirecting it to the correct domain, waiting for the complete switch to be finished."

Bitcoin has returned to high points, but stablecoin minting has declined, and the lack of new liquidity may affect the breakout. On-chain data shows that new capital is limited, and summer trading is sluggish. Long position investors can hedge risks by selling call options, and the probability of a rapid pump in the short term is not high.

The founder and CEO of Gate stated during the platform's 12th anniversary that user trust is its core mission, emphasizing the importance of security principles. He reviewed the company's development in the highly competitive digital asset space and committed to providing 100% reserves to ensure fund transparency.

[BitPush] The Blockchain Group, the first Bitcoin reserve company in Europe, raised approximately 3 million euros (3.52 million USD) to increase its BTC holdings.

In the Yiwu market, the actual use of stablecoins is far from the previously rumored scale of "over 3,000 merchants using USDT, with monthly transactions exceeding 1 billion USD." Currently, only a few individual merchants are attempting to accept USDT and other stablecoins as a method of settlement, and the overall usage is relatively sporadic, not yet forming a mainstream payment channel.

On July 8, a certain platform announced that it now supports the use of Chinese and emoticons for token names and symbols when creating tokens. This allows for a more自由地表达文化、社区特色与情绪风格.

President Trump of the United States has postponed the tariff deadline to August 1. Although the negotiation period has been extended, the pressure faced by Asian export-dependent countries remains unchanged. The new tariffs could have a significant impact on the automotive and chip industries, triggering repercussions throughout the Supply Chain.

[CoinWorld] On July 8, news emerged that NASDAQ-listed Lion Group Holding (NASDAQ: LGHL) announced on Monday that it has acquired more HYPE Tokens. As of now, its crypto assets reserves in three digital assets have reached approximately $7 million. As of July 7, 2025, it currently holds 128,929 HYPE, 6,629 SOL, and 356,129 SUI in its reserves. The company stated that as it continues to expand its so-called "next-generation Layer-1" crypto reserves, it will regularly provide updates.