Trump praised Bitcoin in a post, suggesting that the US may strengthen its Crypto Assets strategic reserves?
President Trump shared an iconic Bitcoin video on the Truth Social platform on July 21, sparking widespread speculation in the market about his Crypto Assets policy.
This video of the testimony given by Peter Van Valkenburgh, the research director of Coin Center, at the Senate hearing in 2018 was praised by Trump as "the greatest Bitcoin explanation of all time."
In the video, Valkenburgh defines Bitcoin as "the world's first public digital payment infrastructure," emphasizing its impor

CoinShares: Global digital asset funds saw inflows of over $4.39 billion last week, setting a new record for weekly inflows.
Last week, global digital asset funds saw an inflow of $4.39 billion, setting a new record for weekly inflows. This figure not only surpasses the previous peak of $4.27 billion set after the 2024 U.S. elections in December, but also marks the 14th consecutive week of net inflows.
Moreover, the total capital inflow year-to-date (YTD) has reached as high as $27.071 billion, and the assets under management (AuM) have also surged to a record $220.214 billion.
During this wav

Peter Schiff: The weakness of the US dollar is the driving force behind the big pump of Bitcoin.
Bitcoin has recently soared to an all-time high, with its price once exceeding $123,000. Its realized market cap has also surpassed $1 trillion, attracting widespread attention from the market.
Peter Schiff, the CEO of Euro Pacific Bank and a well-known gold supporter, holds a critical view on this, believing that the rise of Bitcoin is not due to its intrinsic value, but rather a result of the depreciation of the dollar.
He pointed out that Bitcoin has set a record only in US dollars, not in euros

Bitcoin Spot ETF has seen net inflows for six consecutive weeks, while Ethereum ETF has set a record for the highest net inflow in a single week.
On July 21, according to SoSoValue data, Bitcoin spot ETF had a net inflow of 2.39 billion USD last week, marking a continuous net inflow of funds for 6 consecutive weeks.

Among them, the top three Bitcoin ETFs by net inflow last week were:
BlackRock Bitcoin ETF IBIT ranked first last week with a weekly net inflow of 2.57 billion USD, and the total cumulative net inflow of IBIT is 56.97 billion USD;
Grayscale Bitcoin Mini Trust ETF BTC, with a net

The UK plans to sell 5 billion pounds worth of Bitcoin to fill the deficit: short-sighted decision or necessary action?
The UK government is planning to sell approximately £5 billion ($6.7 billion) worth of seized Bitcoin, a move proposed by Chancellor of the Exchequer Rachel Reeves, aimed at filling a budget deficit of up to £20 billion.
It is reported that this batch of Bitcoin mainly comes from the confiscated assets related to the Ponzi scheme case in China in 2018, which was valued at only £300 million at the time. Now, due to the surge in Bitcoin prices, its value has increased nearly 20

The GENIUS bill is becoming an on-chain revolution and a key driver of dollar hegemony.
U.S. Treasury Secretary Scott Bessent pointed out in a post on social platform X on July 20 that blockchain technology is becoming the core driving force of the next generation payment system.
Bessent stated that the passage of the GENIUS Act, propelled by the Trump administration's working group, will accelerate the digitization of the dollar and reinforce its dominant position as the global reserve currency for generations to come.
His viewpoint forms a policy synergy with the "GENIUS Act" mentioned by De

Bitcoin ETF has seen a continuous net inflow of funds for 12 days, while the single-day net inflow of Ether ETF continues to lead over Bitcoin ETF.
On July 19, according to SoSoValue data, the total net inflow of Bitcoin spot ETF in the United States yesterday was $363 million, marking 12 consecutive days of net inflow of funds.
Among them, BlackRock's Bitcoin ETF IBIT saw a net inflow of nearly 497 million USD yesterday, with a total cumulative net inflow of 56.97 billion USD for IBIT.
However, yesterday, 5 other Bitcoin spot ETFs recorded net outflows. Among them, the top three in terms of n

Trump signs the GENIUS Act, the United States welcomes its first federal Crypto Assets legislation.
On July 19, U.S. President Donald Trump officially signed the "Guidance and Establishment of the United States Stablecoin National Innovation Act," known as the "GENIUS Act," becoming the first federal legislation in U.S. history to officially take effect regarding Crypto Assets regulation.
It is worth noting that this landmark legislation brings unprecedented changes to the stablecoin industry. The bill not only marks the first time the United States has established a national regulatory framew

Matrixport Research Report: Bitcoin may enter a consolidation period in the next 1 to 2 months.
July 18 news, according to Matrixport's latest weekly report, recently influenced by favorable releases from US policy, fiscal measures, and macro data, Bitcoin has also entered a new trading range. Technical indicators show that the current Bitcoin price is close to the upper limit of its ascending channel, which may suggest that the market could enter a consolidation phase in the next one to two months.
In the past 18 months, the price of Bitcoin has gradually risen in steps of $16,000, and curren

The US Bitcoin Spot ETF has seen a net inflow of funds for 11 consecutive days, while the single-day net inflow of the Ether ETF has set a historic second record.
On July 18, according to SoSoValue data, the total net inflow of the Bitcoin Spot ETF in the United States yesterday was $523 million, marking 11 consecutive days of net inflow of funds.
Among them, BlackRock's Bitcoin ETF IBIT saw a net inflow of nearly $497 million yesterday, maintaining its rank as the highest, with a total net inflow of $56.48 billion for IBIT.
Fidelity Bitcoin ETF FBTC, Invesco Bitcoin ETF BTCO, GrayScale Bitcoi

The U.S. prosecution is expected to complete the evidence presentation for the Roman Storm case by July 25.

The criminal trial against Tornado Cash co-founder Roman Storm has entered a critical phase in the Southern District Federal Court of New York.

According to reports, during the fourth day of court hearings on Thursday local time, FBI agents and other staff appeared as key witnesses to testify, providing details and evidence related to the Storm investigation.

However, due to the complexity of the legal arguments and the uncertainty of witnesses and evidence, the prosecution is expe

Ethereum Strong Recovery: ETF Boosts Its Market Price Increase by Over 50%, Active Wallet Addresses Exceed 152 Million
Ethereum (ETH) is experiencing a significant recovery, with an increase of over 50% in less than four weeks. As of now, the ETH price has surpassed $3,600 for the first time in more than six months.
The analysis company Santiment pointed out that this strong momentum not only drove up the price but also pushed its wallet count to over 152 million, making it the leader in user base scale among cryptocurrencies. This milestone itself also signifies that the Ethereum network has

The U.S. House of Representatives has passed three Crypto Assets bills, and the GENIUS bill will officially be signed into effect tomorrow morning.
Latest news, on Thursday local time, the U.S. House of Representatives has passed 3 pieces of legislation related to Crypto Assets. These legislations include the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act.
The passage of these bills brings much-anticipated regulatory certainty to the Crypto Assets industry. Among them, the "GENIUS Act" is expected to be officially signed into law by Trump this Friday local time.
The "GEN

Deribit data: notional value over 5.6 billion USD in BTC and ETH Options will expire this Friday.
On July 17, news reports that this Friday (Beijing time tomorrow at 16:00), the market will face the expiration of over 5.6 billion USD in BTC and ETH Options.
According to current data from Deribit, the total open interest for BTC options this Friday is 41,208 contracts. Among them, the open interest for call options is 24,348 contracts, and the open interest for put options is 16,861 contracts, with a Put/Call Ratio of 0.69, corresponding to a notional value of nearly 4.885 billion USD. The curr

A local town in Michigan takes the lead in legislating the regulation of Crypto Assets ATM machines.
Recently, the small town of Grosse Pointe Farms, located in the suburbs of Detroit, passed a local ordinance aimed at regulating the cryptocurrency ATMs that have not yet appeared in the town, with the main purpose of preventing fraud risks.
It is worth noting that the town currently does not have any Crypto Assets ATM machines, and this move is also the town's "preparation for unforeseen circumstances."
At the city council meeting, some expressed concerns that scammers could easily lure people

The U.S. House of Representatives passed a procedural motion to restart the review of the GENIUS Act and the encryption bill.
On July 16, local time, the U.S. House of Representatives passed a procedural motion with 215 votes in favor and 211 votes against, calling for a reconsideration of a cryptocurrency-related proposal that includes the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance Act. This motion also provides a "second chance" for the review of this series of bills.
The background of this event is that, on the previous day (July 15), leaders of the U.S. House of Representa