Ying Ying, chief analyst of the computer industry at CITIC Securities, recently stated that Hong Kong stable coins and digital RMB are not in a competitive relationship, but are building a "de-dollarization" payment network through "currency bridge + on-chain payment" synergy; RWA tokenization is not just asset financing, but will also reshape global asset pricing rules; With the issuance of the Hong Kong stable coin license, securities firms' IT transformation, virtual asset trading, and other areas will usher in deterministic opportunities. 

according to the on-chain analysis platform Lookonchain (@lookonchain), "Brother Pump" Huang Licheng reduced his long position in the PUMP token while in a loss state. The address still holds approximately 4.175 billion PUMP tokens (worth about $13.3 million) in long positions, with a current unrealized loss of about $4.47 million.

according to Arkham monitoring, BlackRock's Ethereum spot ETF ETHA has bought a total of $375 million worth of ETH this week. Currently, ETHA holds $11.32 billion worth of ETH, accounting for 2.46% of ETH's circulating supply.

the market shows BNB breaking through $800, currently reported at $800.1, with a 24-hour decline of 0.08%. The market is fluctuating greatly, please manage risks carefully.

 according to Lookonchain monitoring, the whale address starting with 8RwxXR, which had previously lost $125,000 on PUMP, spent another 17,542 SOL (approximately $3.16 million) two hours ago to purchase 1.06 billion PUMP at a price of 0.00297.

the market shows BTC breaking through $118,500, now trading at $118,512.48, with a 24-hour increase of 0.4%. The market fluctuates greatly, so please manage your risks.

the Hong Kong Monetary Authority responded to the Federal Reserve's interest rate decision, stating that the Federal Reserve's decision to maintain interest rates unchanged is in line with market expectations. Currently, the Hong Kong-US interest rate differential still makes carry trade attractive, hence keeping the Hong Kong dollar close to the 7.85 level. However, at the same time, there has been strong demand for Hong Kong dollar funds related to stocks recently, providing some support for the Hong Kong dollar. Depending on changes in the supply and demand of Hong Kong dollar funds in the future, as well as other uncertainties including the Federal Reserve's monetary policy and interest rate trends, the sentiment in the stock investment market, external financial markets, and global capital flows, the "weak-side exchange rate guarantee" may be triggered again.

 according to rockflow market data, Ethereum reserve concept stocks in the US stock market continued to rise in the night session, including:

according to the Stablecoin Regulations issued by the Hong Kong Monetary Authority, licensed stablecoin issuers are required to "ensure that stablecoins are not issued or offered in jurisdictions where trading is prohibited" and that "licensees should implement control measures to mitigate risks of remote customer identification processes and location masking during daily operations (such as using a Virtual Private Network, VPN)".

according to the official announcement, Binance is expected to suspend token deposits and withdrawals for the Injective (INJ) network at 21:00 on July 31, 2025 (UTC+8) to support its network upgrade and hard fork.

according to on-chain analyst Ai Auntie (@ai_9684xtpa), a certain whale address has withdrawn a total of 113,028.97 ETH from FalconX in the past 6 days, worth $424 million, with an average withdrawal price of $3,752. Currently, there is a floating profit of $12.044 million.

 the Bank of Japan kept the benchmark interest rate unchanged at 0.5%, staying put for the fourth consecutive meeting, in line with market expectations. 

according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale address sold 1000 ETH at a price of $3853 in the past half hour, making a profit of $56,000. The address then placed a limit order to sell 1000 ETH at $3878 on Cowswap, potentially making an additional profit of $81,000 if sold.

according to The Block, as of now, the total market value of listed companies holding cryptocurrencies has soared to $160 billion, a significant increase from about $90 billion at the beginning of 2024, marking a new trend for investors to gain exposure to cryptocurrencies through stocks.

 according to TraderT monitoring, the net inflow of US spot Ethereum ETF was $6.2 million yesterday.

 according to Cointelegraph, after the prosecution and defense completed their closing arguments on Wednesday, the jury will decide the fate of Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash. Closing arguments are the final stage of a trial, where both the prosecution and defense summarize the case before the judge or jury, present their positions, and make a final effort to persuade the decision maker to rule in their favor.

payment service provider Due completed a $7.3 million seed round of financing, led by Speedinvest, with participation from Semantic Ventures, Fabric Ventures, Strobe Ventures, Polymorphic Capital, and others. Due is integrating local payment channels, liquidity markets, and blockchain networks into a unified infrastructure.

according to the on-chain analysis platform Lookonchain (@lookonchain), three new wallet addresses have accumulated a total purchase of 73,821 Ethereum in the past 8 hours, equivalent to approximately $283 million. In addition, since July 9th, a total of 11 new wallet addresses have purchased 722,152 Ethereum, with a total value of approximately $2.77 billion.

 according to Decrypt, the two co-founders of the cryptocurrency mixing service Samourai Wallet, Keonne Rodriguez and William Lonergan Hill, admitted on Wednesday to conspiring to operate an unlicensed money transmitting business and face up to 5 years in prison.

Jean Boivin, head of research at BlackRock Investment Institute, released a weekly commentary, pointing out that recent US laws such as the "Genius Act" have solidified the position of stablecoins as the future digital payment method in the financial sector. BlackRock believes that Bitcoin is expected to become a tool for diversified investment returns and a unique risk and return driver, and sees stablecoins as a new component of the future financial system. BlackRock also added that the core investment reason for Bitcoin is the current wave of mainstreaming digital assets through regulatory frameworks and US government support, indicating that the adoption rate of digital assets will further increase.