Today
2025/07/10

The US Dollar Index DXY has risen over 0.5% intraday, reaching a new high since June 25.

BlockBeats news, on July 10, the US dollar index DXY rose more than 0.50% during the day, currently reported at 97.85, reaching a new high since June 25. (Jin10)
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Trump escalates tariff threats, but investors bet that he will always back down.

Trump once again raised the threat of tariffs, but the market reaction has weakened, with investors generally believing that he will ultimately back down from these measures that could affect the US economy. This phenomenon is referred to as "TACO," an abbreviation for "Trump Always Caves."
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Market news: Former Citadel trader Marcheggiano will establish a $1 billion Hedging fund.

PANews, July 10 news, market news: Former Citadel trader Marcheggiano will establish a $1 billion Hedging fund.
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After three consecutive rises, oil prices have retreated, and institutions expect a slow and sustained decline.

Jin10 data reported on July 10 that crude oil turned to fall after three consecutive rises. Ritterbusch pointed out in a report: "We still believe that Trump's tariff policy poses a significant adverse factor to the growth of the U.S. economy." The agency believes that oil prices are at the "end phase" of a $5 rise, but expects that the upcoming downward process will not be a rapid big dump lasting one or two weeks, but rather a slow and sustained decline.
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Aptos Labs appoints its first Chief Business Officer to solidify its position in the RWA and stablecoin market.

Aptos Labs has appointed Solomon Tesfaye as Chief Business Officer, responsible for driving on-chain innovation and deepening institutional partnerships to strengthen its advantages in the RWA and stablecoin sectors. Currently, the on-chain RWA scale of Aptos has exceeded $540 million.
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PUMP is now live on Aster Pro.

Odaily News Decentralized Exchange Aster announced on X platform that PUMP is now live on Aster Pro, and in addition, PUMP contract pre-trading is also online, with a maximum support of 2x leverage.
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HYPER pump reached 0.6 USD, rising over 385% in 24 hours.

According to a report by Jinsuo Caijing and market data, HYPER has pumped to 0.6 USD, currently quoted at 0.5679 USD, with a 24-hour rise of 385.68%.
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The President of Brazil convenes a ministerial meeting to discuss countermeasures against Trump's 50% tariff.

Brazilian President Lula convened a cabinet meeting to discuss countermeasures against the 50% tariffs imposed by the United States, deciding to establish a working group to respond. Experts point out that this policy could significantly affect food prices in the United States.
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Goldman Sachs: Brazil's implementation of retaliatory tariffs against the United States could lead to greater losses.

Jin10 data July 10 news, Goldman Sachs analyst Alberto Ramos expects Brazilian exporters to urge President Lula to avoid retaliation against the 50% tariff promised by Trump. Trump stated that the tariff will be implemented next month. Ramos estimates that the tariff could reduce Brazil's GDP growth rate by 0.3 to 0.4 percentage points, and retaliatory measures could further worsen the impact on economic activity and inflation. "It is currently unclear whether Brazil will retaliate, how, and when," he said.
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Opinion: Trump has the right to publicly express his views on Powell and Fed policies.

Former U.S. Vice President Michael Pence stated that Trump has the right to publicly express his views on Fed Chairman Powell and the Central Bank's interest rate decisions. He believes the president should be able to comment on the Fed and should not regard it as a completely independent institution.
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Cardano Foundation: The value of held encryption assets exceeds $650 million, with Bitcoin accounting for 15%.

The Cardano Foundation's report shows that as Crypto Assets rise, the value of its assets has increased from $478.24 million to $659.1 million, with Bitcoin accounting for 15% and ADA for 77%. The primary source of income is from stake rewards, with an expected acquisition of 17.1 million ADA in 2024, yielding a return rate of 2.7%.
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U.S. listed company K Wave Media has secured $1 billion in funding to advance its Bitcoin strategy, having purchased 88 Bitcoins.

ChainCatcher news, reported by GlobeNewswire, K Wave Media (NASDAQ: KWM) announced today that it has signed a $500 million convertible note protocol with Anson Funds, in addition to the previous agreement with Bitcoin Strategic.
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Slow Mist Cosine: GMX-related fork projects need to avoid security risks similar to GMX v1.

Odaily News Yu Xian, the founder of Slow Fog, posted on the X platform stating that GMX-related fork projects need to pay attention to similar security risks. He mentioned that the fundamental reason for the theft of 42 million dollars from GMX last night was that GMX v1 immediately updates the global short average price (globalShortAveragePrices) when handling short positions, and this global average price will directly affect the calculation of the total asset size (AUM), thus leading to
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Major Wallet Withdraws $69.56M Worth of ETH from Centralized Exchanges

Gate News bot message, a significant ETH movement has been detected from centralized exchanges. The wallet address 0xFC82, which is associated with CEX, executed a withdrawal of 25,000 ETH, equivalent to $69.56 million. This latest transaction adds to a series of large withdrawals by the same walle
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Changling Hydraulic: He Xin Bo Lang offers to acquire 17.2904 million shares of Changling Hydraulic.

Jin10 data reported on July 10 that Changling Hydraulic announced that Core Breakwave has made a partial tender offer to all shareholders of Changling Hydraulic, excluding the acquirer and its concert parties. The number of shares intended for the tender offer is 17.2904 million shares (accounting for 12.00% of the listed company's share ratio), with a tender offer price of 36.24 yuan/share. This tender offer is based on the premise that Core Listening Wave and Chenglian Shuangying intend to acquire 43.2117 million shares held by Xia Jifa and Xia Zemin of Changling Hydraulic. After the acquisition is completed, the acquirer Core Breakwave and its concert parties will hold a maximum of 60.5022 million shares of Changling Hydraulic, accounting for 41.99% of the total number of shares of the listed company. The total amount of funding required for this tender offer is expected to be no more than 627 million yuan. Core Breakwave has deposited 126 million yuan into the designated account of China Securities Depository and Clearing Corporation before the announcement, as the performance margin for this tender offer.
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GameSquare spent $5 million to acquire 1818.84 ETH to support its Ethereum treasury.

Odaily News Nasdaq-listed GameSquare announced that it has spent $5 million to purchase 1,818.84 ETH to support its Ethereum treasury. The company previously announced plans to establish an Ethereum treasury with a total value of up to $100 million in phases. As part of the initial funding arrangement, the company will issue 8,421,054 shares of common stock or equivalent securities at a price of $0.95 per share, expecting to raise approximately $8 million before deducting related expenses. (Chainwire)
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Gate has launched Useless Coin (USELESS) and simultaneously opened the Launchpool, staking shares 100,334 USELESS.

Gate will launch Useless Coin (USELESS) spot trading on July 11 and initiate a mining activity to reward users. By staking USDT and USELESS, you can share 100,334 USELESS, and early staking is now open.
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DeFi Dev Corp: Increased holdings of 153,225 SOL, currently the total SOL holdings reach 846,630.

Odaily News DeFi Dev Corp, a Nasdaq-listed company, announced today that it has increased its holdings by 153,225 SOL, bringing its total holdings to 846,630 SOL, worth approximately 133.1 million dollars.
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Sanyuan Bio: Luxin Capital plans to reduce its stake in the company by no more than 3%.

Jin10 Data reported on July 10 that Sanyuan Biotech announced that shareholder Luxin Capital plans to reduce its holdings in the company by a total of no more than 6 million shares through centralized bidding and block trading methods within 3 months after the 15 trading days from the date of announcement. This represents no more than 3% of the total share capital after excluding shares held in the company's repurchase special securities account. The reason for the reduction is the company's operational development needs, and the reduction price will be determined based on market prices. Luxin Capital is not the company's controlling shareholder or actual controller, and this reduction will not lead to a change in the company's control rights, nor will it have a significant impact on the company's governance structure and ongoing operations.
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KULR Technology spent $10 million to increase its holding of 90 BTC.

Odaily News According to KULR Technology CEO Michael Mo's announcement on the X platform, the company has spent 10 million dollars to increase its holdings by 90 BTC, with an average purchase price of 108,884 dollars, achieving a Bitcoin return of 291% year-to-date. As of now, KULR Technology's total Bitcoin holdings have reached 1021 coins.
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The number of initial jobless claims in the U.S. for the week ending July 5 was 227,000, with an expectation of 235,000.

BlockBeats news, on July 10, the number of initial jobless claims in the U.S. for the week ending July 5 was 227,000, expected to be 235,000. (Jin10)
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TANSSI and RCADE Network have added Margin Trading pairs and Borrowable Assets support on Gate.

Gate News bot news, according to the Gate platform announcement on July 10, 2025. Gate announces the addition of TANSSI and RCADE as borrowable assets for leveraged trading, and simultaneously launches the TANSSI/USDT and RCADE/USDT leveraged trading pairs. This expansion allows Gate to support more than 800 types of leveraged trading cryptocurrencies. The newly added trading pairs will support the isolated margin trading model.
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Trader Eugene: The public sale of pump.fun is not worth following, as there are too many other potential opportunities in the market.

BlockBeats news, on July 10, trader Eugene posted in his personal community, "My view on pump.fun is very simple: just forget about it. It has been over-analyzed to the point of being uninspiring, and no matter what price it starts trading at, a market capitalization of 4 billion dollars feels like a heavy anchor, weighing down the coin price. There are now too many opportunities in the market with much more potential and non-linear returns that are far more worthy of follow. Stop wasting brain cells on something everyone is pondering."
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Alchemy Pay has obtained the MTL license in South Carolina, accelerating its compliance layout in the United States.

PANews, July 10, reported that Alchemy Pay, a fiat and encryption payment gateway, has obtained a Money Transmission License (MTL) issued by the state of South Carolina in the United States, becoming the tenth state in the U.S. to receive such a license. This approval will promote Alchemy Pay's compliance expansion in the U.S. market and support its innovative product layout in the TradFi and Web3 sectors, including the RWA platform set to launch in August and future stablecoin and Blockchain projects.
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Tether Continues to Increase USDT Supply on TRON Network with Additional $1B Mint

Gate News bot message, Tether has executed a new USDT mint operation, adding $1 billion worth of USDT on the TRON network. This latest issuance brings the total amount of USDT minted on TRON in 2025 to $22 billion. The transaction represents another significant expansion of stablecoin supply on the
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Tether Treasury issued 1 billion USDT on the Tron chain.

Golden Finance reports that, according to Whale Alert monitoring, Tether Treasury issued 1 billion USDT on the Tron chain.
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National Yi Tender: Recently, there have been no significant changes in the company's operating conditions and the internal and external business environment.

Jin10 data reported on July 10th that Guoyi Bidding issued a notice of abnormal changes. Recently, there have been no significant changes in the company's operating situation and the internal and external operating environment. The company, its controlling shareholders, and actual controllers do not have any significant matters related to the company that should be disclosed but have not been disclosed, nor are there any significant matters in the planning stage. There are no other significant events that may have a substantial impact on the stock price.
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YZi Labs invests in Aspecta

PANews, July 10 news, YZi Labs announced a strategic investment in the blockchain infrastructure platform Aspecta. Aspecta is committed to providing intelligent certification, price discovery, and lifecycle liquidity for non-liquid assets such as pre-TGE stocks, locked tokens, private sale equity, and RWA. This financing will help Aspecta expand its network scale, strengthen collaboration with key partners, and promote the global application of its "Alpha Asset" open economic framework.
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Animoca Brands has partnered with DDC Enterprise to invest $100 million in support of its Bitcoin treasury.

Odaily News According to official news, DDC Enterprise Limited has established a strategic partnership by signing a non-binding memorandum of understanding with Animoca Brands, which will invest 100 million USD into DDC to support its Bitcoin treasury. This move will accelerate DDC's Bitcoin accumulation strategy, positioning Bitcoin as a key component of contemporary corporate financing strategies and providing a blueprint for listed companies to adopt digital assets.
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Kanglong Huacheng: Xinchong Kangcheng and its concerted action partner Xinchong Longcheng collectively reduced their shareholding by 3.36%.

Kanglong Huacheng announced that Xincheng Kang and his concerted parties have reduced their holdings by 55.213 million shares, accounting for 3.36% of the total share capital. The reduction is due to funding needs and changes in restricted stocks, and they will continue to reduce their holdings in the next 12 months, with no plans for increasing holdings.
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Glassnode: This BTC pump is different from late June, as traders tend to go long.

Odaily News Glassnode published an analysis on platform X, pointing out that after Bitcoin's rise broke through 112,000 USD, short positions were punished again. However, this time BTC's rise seems different from the rebound in late June, when open interest (OI) sharply declined, while in the latest round of rise, open interest has increased, and traders are inclined to go long.
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Kinto confirms that the K Token on Arbitrum has suffered an external network attack.

According to Jinse Finance, Kinto officially announced that the deployment of the $K Token on the Arbitrum chain has suffered an external attack. The official statement pointed out that other funds bridged to the Kinto network remain safe in user Wallets, and no bridging liquidity is under threat. Currently, security institutions such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation and have reported to the relevant authorities. The market shows that Kinto (K) has dropped over 90%, currently priced at $0.56, with a circulating market cap of nearly $1 million.
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Gate will launch Velvet (VELVET) and introduce the VELVET series of promotional packages, sharing a total of 2,000,000 VELVET and Alpha points.

Gate will launch VELVET spot trading at 20:00 on July 10th and will introduce multiple activities to reward users, sharing a total of 2,000,000 VELVET and Alpha points. The activities include Launchpool, CandyDrop, and the Alpha points carnival.
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Ghana requires virtual asset companies to complete the sign up by August 15.

Odaily News Market News: Ghana requires virtual asset companies to complete sign up by August 15. (Jin10)
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James Wynn is shorting BTC with 40x leverage, liquidation price 112,361.88 USD.

Golden Finance reports that, according to on-chain analyst Onchain Lens (@OnchainLens), James Wynn has re-entered a shorting position on BTC with 40x leverage. Entry price is $111,057.40, liquidation price is $112,361.88. Position value is $1.27 million.
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Kinto: Confirmed that the network has vulnerabilities and a comprehensive investigation is underway.

Odaily News Kinto announced on the X platform that it has confirmed a vulnerability in the network affecting the deployment of K Token on the Arbitrum on-chain. However, funds bridged to the Kinto network in user wallets are currently safe, and institutions such as Seal 911, Hypernative, Venn, and Zeroshadow are assisting in a comprehensive investigation.
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Crypto Trader James Wynn Returns with 40x Leveraged BTC Short Position

Gate News bot message, crypto trader James Wynn (@JamesWynnReal) has returned to trading with a new Bitcoin short position, utilizing 40x leverage for this trade.
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Zeus Network launched a Bitcoin Airdrop event on the Solana network.

Odaily News According to official news, Zeus Network has launched the first Bitcoin Airdrop event on Solana. Users can sign up for the btcSOL Allowlist, complete tasks, and unlock zPioneer identification to gain exclusive access to early strategies, benefits, and rewards. Additionally, users can qualify for the next Bitcoin Airdrop on Solana by posting content related to Zeus Network and improving their ranking on the Galxe leaderboard.
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The US-listed company Sequans initially acquired 370 BTC and plans to acquire more than 3000 BTC in the coming weeks.

BlockBeats news, on July 10, U.S. publicly traded company Sequans officially launched its Bitcoin financial plan, initially acquiring 370 BTC, and plans to acquire over 3,000 BTC in the coming weeks.
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Bitwise: The holdings of BTC by Q2 corporate entities have risen to 847,000 coins, with a quarter-on-quarter increase of 23.13%.

According to BlockBeats news on July 10, in the latest report by Bitwise, the corporate entities' BTC holdings increased to 847,000 coins in the second quarter, with a quarter-on-quarter growth rate of 23.13%, valued at 91 billion USD. In addition, the number of publicly traded companies holding Bitcoin reached 125, an increase of 46 from the previous quarter.
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Analysts: Tariff fatigue has already emerged.

Jin10 data, July 10th, reports that as President Trump expands the trade war, investors are closely following the trade negotiations. City Index senior analyst Matt Simpson stated, "The impact of tariffs on the market seems to diminish with every new headline. Tariff fatigue has set in, and traders need new catalysts to awaken market Fluctuation."
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TSL (TSLA.O) is scheduled to hold its annual shareholders' meeting on November 6, 2025.

PANews, July 10 news: Documents from the US SEC show that Tesla (TSLA.O) is scheduled to hold its annual shareholders meeting on November 6, 2025.
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Blum (BLUM) Price Prediction: Integrating AE payment scenarios, speculation fading may drop to 0.052 USD.

Blum (BLUM) is currently reported at 0.06350 USD in the early European session today (10), with a daily fall of over 16%. Despite the cooling of speculative sentiment, Blum continues to advance ecological development. AEON collaborates with Blum to integrate the BLUM Token into AEON Pay's encryption payment infrastructure, marking an important step for the application of digital assets in daily life.
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Affected by the SOL strategy, BIT Mining Ltd (BTCM) rose over 65% in pre-market.

BlockBeats news, on July 10, according to market information, influenced by the SOL strategy, BIT Mining Ltd (BTCM) rose over 65% in pre-market. Previously, Bit Mining announced that it would convert its crypto assets holdings into SOL and raise between 200 million to 300 million dollars for the Solana strategy.
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The government of the Kingdom of Bhutan sold 2,162 Bitcoins in the past year, with an average selling price of $87,249.

Odaily News According to Lookonchain monitoring, the government of the Kingdom of Bhutan sold 2,162 Bitcoins through 5 transactions in the past year, totaling a value of 188.65 million USD, with an average selling price of 87,249 USD. The German government sold 49,858 Bitcoins from June 19 to July 12, 2024, with a total value of 2.87 billion USD and an average selling price of 57,600 USD. These Bitcoins are currently valued at 5.54 billion USD, resulting in a difference of 2.67 billion USD.
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SOON responds to the flash crash of the coin price: the attacker was well-planned, and the project team and market makers did not participate in this incident.

The SOON Foundation responded to the flash crash of coin prices on July 5, stating that the attackers conducted a meticulously planned attack through synchronized withdrawals and cross-CEX selling, profiting from negative interest rates. The foundation emphasized that the team and partners were not involved in the incident and disclosed the related holding addresses.
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Bit Mining: will convert its Crypto Assets Holdings into Solana. It will raise between 200 million to 300 million dollars for the Solana strategy.

PANews July 10 news, Bit Mining: will convert its crypto assets holdings to Solana. It will raise 200 to 300 million USD for Solana strategy.
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*ST Yazhen: Wu Tao's acquisition offer for 53.7738 million shares, stock resume trading

On July 10, Jin10 reported that ST Yazhen announced that due to the acquisition offer from its controlling shareholder and actual controller, Wu Tao, the company's stock will be suspended from trading starting July 10, 2025, and will resume trading on July 11, 2025. As of July 9, 2025, the subscription period for the acquisition offer has expired, with a total of 8 shareholder accounts having accepted the offer, amounting to a total of 53.7738 million shares, which accounts for 20.47% of the company's total share capital. Mr. Wu Tao and his concerted party, Mr. Fan Weihao, together hold 133 million shares of the company, accounting for 50.47% of the company's total share capital. After the completion of this acquisition offer, Mr. Wu Tao will hold a total of 118 million shares of the company, accounting for 45.00% of the company's total share capital. The company's equity distribution still meets the listing requirements, and its listing status will not be affected.
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German Government's Bitcoin Sale: A $2.67B Opportunity Cost Revealed

Gate News bot message, The German government conducted a significant Bitcoin sale between June 19 and July 12, 2024, disposing of 49,858 BTC valued at $2.87 billion. The transaction occurred at an average price of $57,600 per BTC. The same Bitcoin holdings have now reached a value of $5.54 billion,
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Institution: The pound shows resilience, but economic fundamentals still raise concerns.

Despite the risks facing the UK economy, the pound still shows resilience. Prime Minister Starmer refused to rule out the possibility of a wealth tax, but it did not trigger a dumping wave. Analysts point out that economic challenges still exist, and the pound will continue to be under pressure.
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Galaxy Digital partners with Fireblocks to expand institutional stake services

BlockBeats news, on July 10, Galaxy Digital announced a partnership with Fireblocks to bring its stake services directly to over 2,000 institutional clients of the Fireblocks platform. This integration allows clients to stake capital efficiently within the Fireblocks vault without needing to transfer assets off the platform. Clients can now access Galaxy's validation infrastructure while maintaining their existing accomplice settings. (FinanceFeeds)
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BLUM (Blum) has fallen 14.59% in the last 24 hours.

Gate News Bot news, July 10, according to CoinMarketCap, as of the time of writing, BLUM (Blum) is currently priced at $0.06, with a 14.59% fall in the last 24 hours, reaching a high of $0.08 and a low of $0.05, with a 24-hour volume of $9.5 million. Current market capitalization data is not available. Blum is a comprehensive cryptocurrency platform that offers multi-chain trading, AI-driven trading, meme coin issuance, and other features. Its core products include trading terminals, Memepad, trading bots, and AI agent tools. Blum is dedicated to providing users with a seamless cross-chain experience, supporting fast transactions and multi-currency management, aiming to become a convenient gateway for users to enter the crypto world. Important news about BLUM recently: 1️⃣ **Gate launches BLUM new user limited-time airdrop event
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CROSS (CROSS) rose 56.00% in 24 hours

Gate News Bot news, on July 10, according to CoinMarketCap, as of the time of this report, CROSS (CROSS) is currently priced at 0.13 USD, having risen 56.00% in the last 24 hours, with a peak of 0.15 USD and a low of 0.05 USD. The current market capitalization is approximately 463,000 USD, an increase of 166,000 USD compared to yesterday. The public sale of CROSS has ended. Unsold tokens will be permanently destroyed. The token sale period is from May 15 to May 22, 2025, with a token price of $0.10 and a fully diluted valuation of $100 million. The total supply is 1 billion tokens, with an allocated supply of 96 million tokens. The purchase limit is a minimum of $1, with no upper limit. Accepted currencies include USDT, USDC, and USD1 (BEP-20 only). The purchase structure follows a first-come, first-served principle. Participant eligibility is not...
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