Today
2025/07/08

Trader Opens $2M Leveraged SOL Position on HyperLiquid

Gate News bot message, A cryptocurrency trader identified as @0xVladilena has deposited $2 million USDC into HyperLiquid and initiated a long position on Solana (SOL) with 10x leverage.
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Falcon Finance stablecoin USDf temporarily unpegged, falling to 0.8799 USD

Odaily News Market data shows that Falcon Finance stablecoin USDf briefly depegged, falling to 0.8799 USD, and has now rebounded to 0.9905 USD.
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Golden Orange: The company has products related to laser 3D printing control systems, which account for less than 2% of the company's total revenue.

Jin10 Data reported on July 8th that Jin Orange has issued an announcement regarding abnormal fluctuations in stock trading. After the company's self-examination, it has noted recent market discussions involving the company's business and the hot concept of 3D printing. The company has products related to laser 3D printing control systems, and some models of galvanometer products can also be used in 3D printing business. However, these products are only applied among a few customers and are all used in industrial-grade laser 3D printing equipment. In 2024, the revenue from the aforementioned products accounted for less than 2% of the company's total revenue.
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BioSig Secures $1.1 Billion in Funding to Drive Commodity Markets On-Chain

After the merger of BioSig and Bahama Streamex, they announced a financing agreement with institutional investors for up to $1.1 billion, planning to achieve commodity tokenization through Blockchain to enhance market liquidity and transparency. The first tranche of $75 million will be delivered in 2025.
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Dormant Bitcoin Wallet Activates After 6 Years, Moves 6,000 BTC Worth $649M

Gate News bot message, a long-dormant Bitcoin wallet has suddenly become active after 6 years of inactivity. The wallet transferred its entire holdings of 6,000 BTC, valued at approximately $649 million, in a single transaction. The wallet initially received the 6,000 BTC on July 25, 2019, when Bit
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XRP Price Prediction: Faces a 10% fall risk, with both fundamental and technical pressures.

XRP Technical Analysis shows a classic bearish pattern on its 4-hour chart - rising wedge, suggesting a potential price pullback. This pattern is composed of upward-sloping converging trendlines, and once the price breaks below the support line, it usually indicates a sharp fall. As of July 8, the trading price of XRP is approximately $2.28, slightly above its 50-day and 200-day MA. Analysts point out that the recent pullback in the crypto assets market is primarily triggered by macro risks. Heightened geopolitical and trade fluctuations may further weaken investors' preference for risk assets (such as crypto assets), accelerating XRP's price break below the wedge support and moving down towards the $2.05 support area.
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Palio(PAL) has added Margin Trading functionality at Gate, now supporting the PAL/USDT trading pair.

Gate News bot news, according to the official announcement from Gate on July 8, 2025. Gate platform has added PAL (Palio) token as a borrowable asset for leveraged trading, and has simultaneously launched the PAL/USDT leveraged trading pair. After this update, the Gate platform supports over 800 types of leveraged trading cryptocurrencies. Users can view specific lending information for currencies such as PAL on the platform, including parameters like leverage multiples and lending rates.
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TianKang Biological: In June, the sales of live pigs were 243,100 heads, a year-on-year decrease of 6.14%.

Jin10 data reported on July 8, TianKang Bio announced that in June 2025, it sold 243,100 live pigs, a year-on-year decrease of 6.14%, but a month-on-month rise of 5.83%; the sales revenue was 342 million yuan, a year-on-year decrease of 19.53%, and a month-on-month decrease of 0.87%. From January to June 2025, the company sold a total of 1,528,200 live pigs, a year-on-year increase of 9.05%; the cumulative sales revenue was 2.244 billion yuan, a year-on-year decrease of 0.27%.
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Agency: Trump delays tariff hike, but uncertainty still looms over US investment and inflation.

On July 8, Jin10 reported that Julius Baer economist David Kohl pointed out in a report that Trump has postponed the deadline for higher tariffs from July 9 to August 1, but the threat of tariff increases has not been lifted. He stated that this uncertainty is affecting investment decisions in the United States and intensifying market concerns about rising inflation. The threat of tariffs increases the risk of the U.S. falling into "stagflation." At the same time, this also puts pressure on Europe, forcing it to further stimulate regional demand to offset the impact of a deteriorating international trade environment.
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Bit Digital fully shifts to Ethereum! Close all positions in Bitcoin, with a single-day stock price rising nearly 20%, aiming for the largest ETH corporate holdings.

Nasdaq-listed company Bit Digital has decided to adopt an Ethereum reserve asset strategy and has sold all of its holdings of Bitcoin. The company sold 280 BTC, ending its Bitcoin holdings history, and used the proceeds to purchase ETH. On July 8, the market showed that Bit Digital pre-market rose 16.4%, with its stock price soaring nearly 75% over the past six trading days.
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The wind is blowing! Stablecoin regulatory policies are about to be implemented, and Hong Kong's Crypto Assets concept stocks are joining in the pump.

Hong Kong's crypto assets related stocks experienced a general pump today (8th), and the market generally believes this is related to the optimistic attitude towards the upcoming stablecoin licensing system in Hong Kong. With the Stablecoin Regulation set to officially take effect on August 1, Hong Kong has taken a key step in the regulation of virtual assets. This not only provides a clear compliance path for stablecoin issuance institutions but also injects new vitality into the Hong Kong crypto market.
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Ethereum Price Prediction: ETH/BTC Shows Signs of Recovery, Analysts Predict Potential 30% Breakthrough

As the cryptocurrency market begins to circulate expectations of a new round of "alts season", Ethereum (ETH) shows strong recovery signals against Bitcoin (BTC). Technical analysts point out that the ETH/BTC exchange rate chart is forming a key bullish pattern. Ethereum's potential strong performance also boosts the sentiment of the entire altcoin market. Currently, the total market capitalization of alts, excluding Bitcoin, is testing a critical historical rising trend support line. If historical patterns repeat, a successful breakout of the current resistance level is expected to push the total market capitalization of alts towards the $2 trillion mark. However, if there is resistance at this key level and a pullback occurs, it may indicate that the market needs to undergo one last pullback before initiating a sustained rise.
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Economic analysis of historical speculative frenzies reveals the fundamental differences between the value of BTC and traditional bubbles.

From the "Tulip Mania" in the Netherlands during the 1630s to internet memes stocks like GameStop and AMC during the pandemic, history is filled with various peculiar asset price fluctuations. But what exactly makes them financial bubbles? The price of Bitcoin has currently reached about $108,000, up from $55,000 a year ago and $9,200 five years ago. Does this reflect the fundamentals? Possibly. Looking at recent market trends, even in developed economies, policy-induced inflation could shrink the value of your savings by 20% or more. US President Trump has shown a clear inclination to support crypto assets, even mentioning the establishment of a government strategic cryptocurrency reserve. Other store of value assets like gold can be quite tricky for the average investor to buy and sell.
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DeFi Technologies announced operational data for June: Valour's asset management scale reached $771 million, with cash reserves declining quarter-on-quarter.

Gate News bot message, US-listed company DeFi Technologies (Nasdaq: DEFT) released its monthly operational report for the period ending June 30, 2025, on July 8. It mentioned that its subsidiary Valour's Assets Under Management (AUM) is $771 million (approximately CAD 1.04 billion), a decrease of 5% compared to the previous month.
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It is reported that India plans to import 10% of its LPG from the United States every year starting in 2026.

Jin10 data reported on July 8th, citing four industry sources in the refining sector, that India plans to import about 10% of its cooking liquefied petroleum gas (LPG) from the United States starting in 2026. This is part of India's efforts to expand its energy procurement from the U.S. and reduce its trade deficit with the country. Data shows that over 90% of the approximately 20.5 million tons of LPG India is set to import in 2024 will come from the Middle East. Due to high transportation costs, India rarely imports LPG from the U.S. However, since May of this year, Indian state-owned refiners have begun to increase their scale of imports from the U.S. Additionally, according to previous media reports, India also plans to eliminate import duties on U.S. propane and butane used for LPG production. Sources stated, "We are looking at the U.S. as a reliable alternative source for crude oil and LPG. We need to diversify our sources of LPG supply."
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Strategy Bitcoin increased holding suddenly hit the pause button, plans to issue and sell 4.2 billion dollars of preferred stock.

Bitcoin long positions holder Michael Saylor's Strategy made headlines again this Monday, but not for its usual Bitcoin acquisition actions; rather, it did not purchase any Bitcoin during the week of June 30 to July 6. This marks the first time since late March that the world's largest enterprise-level Bitcoin holder has not increased its massive Bitcoin reserves. Currently, Strategy's BTC reserves have reached 597,325 coins, estimated to be worth about $6.471 billion at current market prices.
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Pi Network (PI) Important News: Pi has received major venture capital support from 137 Ventures, is the Mainnet about to launch?

Today (8th) in the European morning session, Pi Network (PI) maintains a falling trend, currently reported at 0.4550 USD, with short-term selling pressure still existing. Although the price is indeed falling, investor activity continues to increase; the 24-hour volume has risen by 26.11%, reaching 81.57 million USD.
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In Q2 2025, Crypto Assets financing soared to $10 billion, reaching a new high since early 2022.

In the second quarter of 2025, the total amount of risk investment in Crypto Assets reached $10.03 billion, setting a new record. The financing amount in June reached $5.14 billion. Strive Funds, Twenty One Capital, and Securitize became the major financing projects, securing $750 million, $585 million, and $400 million respectively.
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Grayscale's three major funds rebalanced in Q2: ONDO joins the DeFi fund, HBAR enters the smart contracts fund.

Gate News bot message, Grayscale Investments today announced the latest component weight adjustment results for its Grayscale DeFi Fund, Grayscale Smart Contracts Fund (GSC Fund), and Grayscale AI Fund after evaluation in the second quarter of 2025.
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Honghe Technology: The company's main product, electronic-grade fiberglass cloth, is one of the basic materials for PCBs, and there are no significant changes in its main business.

Jin10 data reported on July 8 that Honghe Technology issued a stock trading risk warning announcement. Recently, the company noticed that some media have listed it as a "PCB concept". The company's main product, electronic-grade fiberglass cloth, is one of the basic materials for PCBs. The company has long focused on the R&D, production, and sales of its main products, and there are no significant changes in its main business. After self-inspection, the company found no media reports or market rumors that need clarification or response; nor did it discover any other significant events that might have a major impact on the company's stock trading price.
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Lianhuan Pharmaceutical: The LH-1801 project faces significant uncertainties at multiple critical stages from successful clinical trials to final market launch and profitability.

Jin10 data reported on July 8, that Lianhuan Pharmaceutical announced an unusual fluctuation in stock trading. The LH-1801 project clinical trial adopts a non-inferiority design, and there is significant uncertainty about whether the goals can ultimately be achieved. The LH-1801 project faces significant uncertainties in multiple key stages from the success of clinical trials to final上市销售 and profitability. The LH-1801 project is currently still in the R&D stage and is not expected to have a significant impact on the company's operating income and business performance for a considerable period of time.
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Bitcoin seeks confirmation of key support, analysts warn of "calm before the storm".

Bitcoin (BTC) is attempting to turn two key resistance levels into support after setting a historical highest weekly closing price, laying the groundwork for a new high. Some analysts believe that the crypto assets market may be in a "calm before the storm" phase. Prominent analyst Rekt Capital emphasizes that the goal is to convert this resistance into support, which would push BTC towards new all-time highs (ATH). He noted: "Given that the price barely closed above the final weekly resistance level, this leaves very little chance for the price to cleanly pull back and confirm that level as support; in other words, this pullback process is likely to be highly volatile."
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"Dollar savers are losers"! Robert Kiyosaki, author of "Rich Dad Poor Dad": If Bitcoin crashes, I will get on board to buy more.

Renowned financial author Robert Kiyosaki, the author of the book "Rich Dad Poor Dad," posted several tweets on X (formerly Twitter) at the beginning of July, demonstrating his unwavering support for Bitcoin while adhering to his consistent investment philosophy. He warned that savers storing dollars are losers and stated that if Bitcoin crashes, he will buy more.
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J&T Express's total package volume in the second quarter reached a new high, with a rise of 65.9% in the Southeast Asian market setting a record.

Jin10 data reported on July 8, that Jitu Express (01519.HK) announced its key operating data for the second quarter and the first half of 2025. This year, both the total package volume for the second quarter and the first half of the year set new records. In the second quarter of this year, Jitu achieved a package volume of approximately 7.39 billion, a year-on-year increase of 23.5%; with an average daily package volume of 81.2 million. In the first half of 2025, the total package volume reached 13.99 billion, a year-on-year increase of 27%; with an average daily package volume of 76.9 million. From the perspective of key markets, Jitu's package volume in the Southeast Asian market maintained strong growth. The package volume in the second quarter was approximately 1.69 billion, a year-on-year increase of 65.9%, setting a single-quarter record since the company went public, with an average daily package volume of 18.5 million. In the first half of the year, Jitu's package volume in Southeast Asia increased by 57.9% year-on-year to 3.23 billion, with an average daily package volume of 17.7 million.
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Crypto Market Shows Slight Bearish Trend with BTC and ETH in Red

Gate News bot message, The cryptocurrency market displayed a modest bearish movement, with the total market capitalization maintaining stability amid decreased trading volumes. Bitcoin traded at $108,378, recording a 0.54% decline, while Ethereum settled at $2,551, down by 0.84%. The broader market
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A look at the US-China rivalry: China's Central Bank has increased its gold holdings for eight consecutive months, and Trump Organization's Bitcoin ETF is entering the approval process.

In today's increasingly complex global economic landscape, a strategic hedging competition between the two major economies of China and the United States is quietly unfolding. This competition is reflected not only in traditional trade and geopolitical arenas but also extends into emerging financial battlegrounds such as gold reserves and crypto assets. The People's Bank of China (China's Central Bank, PBOC) has increased its gold holdings for eight consecutive months, quietly entering the ranks of the world's largest gold reserves. At the same time, the U.S. Securities and Exchange Commission (SEC) has accepted applications for Bitcoin and Ethereum ETFs from President Trump's media company, signaling a deep integration of crypto assets with U.S. politics. Together, these two events reveal the growing importance of gold and crypto assets as strategic hedging tools within the global financial system.
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The new project "Four Major Illusions" is debunked by data, revealing the KOL hype trap!

On Crypto Twitter (CT), there seems to be a standard script for the success of new projects in how they "soar to great heights": accumulate millions of followers, engage in crazy participatory marketing, gain support from top venture capitalists, and create extreme scarcity during token issuance. However, these revered success rules seem utterly unconvincing in the face of cold data. A recent research report ruthlessly reveals that the "wealth secrets" praised by crypto KOLs are actually four major illusions that mislead the public. When these glamorous appearances are ruthlessly debunked by data, can your wallet remain unscathed?
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Crypto market falls across the board: Why are Bitcoin, Ethereum, DOGE, and SHIB all declining? | Market Analysis

Recently, the cryptocurrency market has experienced a general fall, with mainstream tokens such as Bitcoin (BTC), Ethereum (ETH), DOGE, and Shib Inu (SHIB) all showing losses. This decline is mainly attributed to new concerns about a potential trade war, shaking investor confidence. Despite the market slump, several analysts remain bullish on the prospects of Bitcoin, Ethereum, DOGE, and SHIB. Some analysts point out that key indicators like MVRV (market capitalization to realized value ratio) are still below historical peaks. The continued increase in global liquidity suggests that the crypto bull run has not yet ended. They believe prices could break through $117,000 and are expected to reach the range of $140,000 to $170,000.
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Medici today hit a 20cm rise limit, with two institutional dedicated seats net buying 65.8448 million yuan.

Jin10 data, July 8th: Medici today reached a 20cm rise, with a trading volume of 602 million yuan and a Turnover Rate of 10.47%. According to the after-hours dragon and tiger list data, the Shanghai Stock Connect dedicated seat bought 56.4339 million yuan and sold 25.8845 million yuan, with two institutional dedicated seats net buying 65.8448 million yuan.
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Chinese officials have named the "offshore RMB stablecoin" as a key player. Can it help Hong Kong become a global stablecoin center?

In the context of increasingly stringent global regulations on Crypto Assets, Hong Kong is actively seeking to become a hub for virtual assets. Chinese officials recently stated that the greatest opportunity for Hong Kong to develop stablecoins lies in promoting the "offshore RMB stablecoin," rather than the HKD stablecoin. Officials suggested that the Hong Kong SAR government should seek central support to develop an officially verified RMB stablecoin, enhance market confidence, and assist Hong Kong in becoming a global hub for stablecoin issuance. This proposal outlines a direction for Hong Kong's future development in the stablecoin sector and has sparked in-depth discussions within the industry regarding the potential of the stablecoin market and regulatory challenges.
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Alpha Token New Listing: NiHao is now live

Gate News bot message, NiHao has launched Alpha.
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Trump's Crypto Assets Controversy and Legislative Game: Polls Reveal Awareness Differences, Uncertain Prospects for the Bill

As the digital asset bill accelerates in the U.S. Congress and is about to be submitted for President Trump's signature, the huge profits that Trump and his family have made in the crypto assets field have sparked increasingly heated controversy. Democrats have launched protests against "Trump's crypto corruption" in both the House and Senate, so much so that industry policy leaders believe that the long-awaited crypto assets market structure bill may be doomed as a result.
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Solana (SOL) Price Prediction: Public Chain Activity Explodes Overnight, ETF Approval Becomes a Positive Catalyst

Today (8th) in the European early trading session, Solana (SOL) slightly rebounded above $105.20, but the selling pressure persists. The U.S. Securities and Exchange Commission (SEC) has requested potential Solana exchange-traded fund (ETF) issuers to amend or resubmit their applications by the end of July, which has raised investor expectations for approval. With optimism soaring, the number of daily active addresses on the Solana network has hit a historical high, which could catalyze a breakthrough rebound.
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Medvedev: No need to care about Trump's statements on Russia and Ukraine.

Jin10 reported on July 8 that Dmitry Medvedev, Deputy Chairman of the Security Council of the Russian Federation, stated on social media on the 8th that there is no need to respond to U.S. President Trump's remarks on the Ukraine issue, and that Russia should continue to achieve the goals of its special military operations in pursuit of victory.
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Japanese listed company Remixpoint announced to pay the CEO's salary in full with Bitcoin.

According to Gate News bot, the official announcement states that the Japanese listed company Remixpoint has declared that its CEO's salary will be paid entirely in Bitcoin, marking the first attempt by a Japanese publicly listed company to pay its CEO's full salary in encryption assets.
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XMR (Monero) fell 1.84% in the last 24 hours.

Gate News Bot news, July 8, according to CoinMarketCap data, as of the time of writing, XMR (Monero) is currently priced at $315.89, down 1.84% in the last 24 hours, having reached a high of $336.80 and a low of $310.09. The 24-hour volume is $105 million. The current market capitalization is approximately $5.827 billion, a decrease of $109 million compared to yesterday. Monero is a private, decentralized cryptocurrency that protects users' financial privacy and security. Monero offers multi-platform wallets, allowing users to conveniently store and use XMR. The project has an active developer community dedicated to continuously improving technology and privacy protection. Monero can be used to purchase goods and services and is supported for trading by multiple exchanges. Important news about XMR recently: 1️⃣ **
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Robinhood equity Token under investigation by the EU, OpenAI urgently plays people for suckers to distance itself from equity ties.

According to a report by CNBC on July 7, the equity Tokens of tech stocks like SpaceX and OpenAI launched by Robinhood have triggered regulatory scrutiny in Europe. OpenAI has explicitly stated that this digital asset does not involve ownership of company shares, and the Bank of Lithuania (Robinhood's main EU regulator) has initiated a Compliance investigation.
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Tron (TRX) Price Prediction: Network Activity Surpasses Ethereum, Long Positions Targeting $0.296

The price of Tron (TRX) hovers around 0.287 USD, having risen nearly 4% in the past week. The TRX network has processed over 13 billion transactions, handling more than 21 billion USD in USDT transfers weekly, surpassing Ethereum (ETH). The surge in trading activity is attributed to the integration of projects like the official meme coin TRUMP by President Trump and Plume's Skylink, indicating that the practicality and development momentum of the TRX ecosystem are strengthening.
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The release of the Pi Application Studio has met with a cold reception, and the community questions whether insufficient features are dragging down the prospects of Pi币.

The recent launch of the App Studio platform by Pi Network has sparked strong divisions within the community. The platform aims to allow users to create and monetize Web3 applications using Pi coin without a technical background, but many users are disappointed that it is still in the testing phase and lacks advanced features. Currently, the price of Pi coin continues to fluctuate between $0.43 and $0.45, with a weekly fall of 8% and a monthly decline of 27%. Although the 24-hour volume has risen by 40% to $83.8 million, the upcoming large token unlock in July could further exacerbate market selling pressure, posing a downward risk to the coin price.
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TON Foundation urgently clarifies: The UAE golden visa program has no government endorsement, and the related announcement has been withdrawn.

In response to the previous report that sparked widespread controversy regarding "staking TON for UAE golden visa," the TON Foundation issued a brief statement to clarify. The organization denied any government involvement in the project. The plan previously claimed that users could obtain a 10-year UAE golden visa by staking $100,000 worth of TON tokens for three years. According to the TON Foundation's official blog, this clarification aims to correct misinformation about its UAE golden visa program. The foundation emphasized that the project is an independent collaboration between TON and an unnamed licensed partner (focused on tokenization of assets and blockchain infrastructure). The TON Foundation clearly stated that the project has not received any formal government support and is currently only an "exploratory attempt." The organization admitted that the initial announcement was released too early and has removed the related promotional content.
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Sentora: The on-chain volume share of Bitcoin miners has dropped to about 3.3%, the lowest level since November 2022.

Sentora reports that the volume of Bitcoin miners in on-chain transactions has dropped to 3.3%, the lowest since November 2022. This indicates that miners are more inclined to hoard Bitcoin and reduce selling, which may reflect a wait-and-see sentiment in the market.
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QNT (Quant) fell 2.39% in the last 24 hours.

Gate News Bot news, July 8, according to CoinMarketCap data, as of the time of writing, QNT (Quant) is currently priced at $106.24, a fall of 2.39% in the last 24 hours, with a highest of $110.45 and a lowest of $102.70. The current market capitalization is approximately $1.283 billion. Quant is a company focused on institutional blockchain infrastructure, interoperability, and payments. Its Quant Flow platform is the engine for the next generation of programmable money, driving scalability, automation, and an accelerated era. Quant provides banks, enterprises, and their partners with the ability to unlock new revenue streams, deploy new services, and future-proof infrastructure. The company's PayScript® technology is a powerful and user-friendly rules engine that offers complete control over the behavior and flow of funds. Quant is influenced by the middle
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SOL (Solana) fell 1.55% in the last 24 hours.

Gate News Bot message, July 8, according to CoinMarketCap data, as of the time of writing, SOL (Solana) is currently priced at $149.22, down 1.55% in the last 24 hours, with a high of $156.19 and a low of $145.21, and a 24-hour volume of $3.673 billion. The current market capitalization is approximately $79.917 billion, a decrease of $1.255 billion compared to yesterday. Solana is a high-performance blockchain platform that provides developers with powerful infrastructure and offers all users a fast trading experience. Solana supports a wide range of user groups, from experienced users to newcomers. The platform is characterized by its speed, scalability, decentralization, and energy efficiency, with each transaction consuming only the energy needed for a few Google searches. The Solana ecosystem is rapidly growing, supporting ...
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ELDE (Elderglade) has pumped 71.77% in the last 24 hours.

Gate News Bot news, July 8th, according to CoinMarketCap data, as of the time of writing, ELDE (Elderglade) is currently priced at $0.02, with a rise of 71.77% in the last 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $1.93 million, an increase of $807,600 compared to yesterday. ELDE currently ranks 1729th in the global Crypto Assets market capitalization. Elderglade is an AI-driven retro-style fantasy game. The game is divided into two phases: mobile game and full game. Currently, the mobile game is live, and players can accumulate points by completing quick games, upgrade various in-game building cards, and earn passively, with a chance to share a prize pool of 10 million ELDE tokens. The full game will allow players to battle in the wilderness for loot.
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Juhua Co., Ltd.: Expected net profit attributable to shareholders in the first half of the year to rise by 136%-155% year-on-year.

Jin10 data reported on July 8, JuHua Co., Ltd. announced that it expects the net profit attributable to shareholders of the listed company for the first half of 2025 to be between 1.97 billion yuan and 2.13 billion yuan, an increase of 1.136 billion yuan to 1.296 billion yuan compared to the same period last year, representing a year-on-year growth of 136% to 155%. After deducting non-recurring gains and losses, the company's net profit attributable to shareholders of the listed company for the first half of 2025 is expected to be between 1.95 billion yuan and 2.11 billion yuan, an increase of 1.156 billion yuan to 1.316 billion yuan compared to the same period last year, representing a year-on-year growth of 146% to 166%.
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The stock tokenization platform xStocks achieved a daily trading volume of 6.21 million USD, with tokenized TSL and Circle ranking at the top.

Gate News bot news, on July 8, according to Dune data, the stock tokenization platform xStocks created by Backed reached a trading volume of 6.21 million USD yesterday (July 7), and the platform's DAU (Daily Active Users) reached 2,473 people, with 17,010 transactions conducted.
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Cardano (ADA) Price Prediction: Whale Sells 170 Million Tokens, Open Interest Declines Intensifying Bearish Sentiment

Cardano (ADA) has fallen for the second consecutive day this week, maintaining a bearish trend due to the re-emergence of market risk aversion, as U.S. President Trump extended the tariff suspension period to August 1. Large investors (Whales) have reduced their holdings of 170 million ADA over the past two weeks, indicating that funds are flowing out. Against the backdrop of whale dumping supply, derivative data shows that optimism is declining as traders expect further losses in the market.
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SIA: Global semiconductor sales in May reached $59 billion, a year-on-year rise of 19.8%.

Jin10 reported on July 8 that the Semiconductor Industry Association (SIA) of the United States showed that global semiconductor sales reached 58.98 billion USD in May this year, a rise of 19.8% year-on-year and a rise of 3.5% month-on-month. Overall, markets in various regions around the world achieved growth compared to the same period last year and last month.
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Inno Laser: XBC laser graphical equipment has been validated for mass production at customer sites.

Jin10 News on July 8, Inno Laser stated on the interactive platform that the company's XBC laser graphical equipment uses self-developed lasers, employing a dual-track mirror structure, with each track configured with two independent laser processing systems, offering high capacity and production flexibility. It is mainly used for etching masks, preparing PN junction crossed finger structures, PN junction isolation, and passivation film slotting. Currently, the equipment has been validated in mass production at the customer's site.
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Ethereum Reaches Key Resistance Zone: Potential Butterfly Pattern Indicates Bullish After Pullback | ETH Price Prediction and Technical Analysis

The current price movement of Ethereum is at a critical moment. The ETH/USDT trading pair is testing the $2,590 high timeframe resistance level, a region that is technically significant as it perfectly aligns with the 0.618 Fibonacci retracement level and the middle band of the current Fibonacci price channel. Although bullish momentum still exists, this area may create a short-term top, triggering a healthy technical pullback that lays the foundation for a larger breakout afterward. If the price successfully pulls back to the $2,226 area and finds support there, it will complete a potential butterfly harmonic pattern, paving the way for the price to target the $3,200 level. The prerequisite for this scenario is that the support level holds effectively, and trading volume significantly increases in the next round of upward movement.
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Shiba Inu (SHIB) Price Prediction: 87% Holders Facing Capitulation "Losses", What Does Capital Outflow Mean?

Since reaching a high of $0.0000176 during intraday trading on May 12, Shiba Inu (SHIB) has fallen 33%. Due to poor performance, on-chain data shows that most Shiba Inu holders are currently experiencing unrealized net losses, indicating that the market is in capitulation. What does this mean for investors?
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XRP price consolidation faces severe challenges from Circle | Ripple market analysis

On Tuesday (July 8), XRP hovered around $2.20, continuing its recent narrow consolidation pattern. The current price level has rebounded about 22% from the June low, and the overall sentiment in the Crypto Assets market has improved. The most significant bullish catalyst (Bullish Catalyst) for XRP lies in its parent company Ripple Labs' potential to challenge traditional cross-border payment giant SWIFT. SWIFT connects over 11,000 banks worldwide and processes over $150 trillion annually. Ripple aims to disrupt this market through its RippleNet network and XRP Ledger technology.
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The yield on Germany's 10-year government bonds rose by 3 basis points to 2.68%, the highest level since May 15.

FTX Bankruptcy Liquidation Controversy: Chinese Creditors Fear "Legal Confiscation" of $380 Million, How to Navigate the Path of Rights Protection?

As FTX's bankruptcy liquidation enters a critical stage, a highly controversial motion regarding the claims handling plan for users from "restricted countries" has sparked an uproar among global creditors. According to data shared by FTX creditor representative Sunil, approximately $1.4 billion in FTX's debt distribution remains unresolved. Among these, the claims from restricted regions amount to $470 million, with Chinese creditors holding the largest share at $380 million, accounting for 82% of the restricted claims. This means that Chinese creditors may not receive a single penny, and even their assets could be seized as "confiscated funds" in the liquidation trust account.
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The stock tokenization platform xStocks had a trading volume of $6.21 million yesterday, completing 17,010 transactions.

According to BlockBeats news on July 8, Dune data shows that the stock tokenization platform xStocks created by Backed had a trading volume of 6.21 million USD yesterday, with a daily active user count (DAU) of 2,473 and a total of 17,010 transactions. In terms of trading varieties, TSL and Circle had trading volumes of 2.46 million USD and 2.21 million USD, ranking first and second respectively, while the S&P 500 index had a trading volume of 559,000 USD, ranking third.
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DOGE Price Prediction: On-chain Data Reveals Three Key Resistance Levels for DOGE

Renowned analyst Ali Martinez (@ali_martinez) released his latest insights on the X platform, pointing out that, based on on-chain data indicators URPD analysis, DOGE ( is currently facing three key potential resistance price levels that need to be focused on. These levels correspond to significant supply walls on the DOGE supply distribution chart ) UTXO Realized Price Distribution (.
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Zhao Changpeng recalls his life journey: starting from a Chinese village without electricity, why did he voluntarily return to the United States to serve time in prison?

In the world of Crypto Assets, Zhao Changpeng is undoubtedly a legendary figure. He fought his way from a remote rural area in China with no running water and no electricity to where he is now. However, this former Crypto Assets giant chose to voluntarily return to the United States to face charges and serve time in prison at the peak of his career. This dramatic journey reflects not only his personal struggle but also the rapid rise of the Crypto Assets industry, regulatory challenges, and complex political games.
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Gate xStock spot trading volume exceeds 200 million USD, xStock zone has simultaneously launched Perptual Futures and Alpha trading.

Odaily News According to official news, Gate xStock spot trading volume has exceeded 200 million USD. The xStock zone has launched Perptual Futures and Gate Alpha trading. To give back to users, a limited-time event for new users is in full swing. From now until July 11, 2025, 16:00 (UTC+8), participants who sign up and trade can share up to 100,000 USDT contract experience vouchers.
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Today's market dynamics: ETF hotspots and the Ripple case are nearing conclusion, XRP is expected to break through $3; BTC falls due to tariffs.

Market optimism regarding the potential conclusion of the SEC lawsuit against Ripple drove the price of XRP to a six-week high of $2.3539 on July 7 (Monday). Although the SEC has remained silent on its appeal plans, recent events have strengthened market expectations that the SEC will abandon its appeal regarding the "XRP programmatic sales ruling." Investors should continue to follow the following key drivers that will determine whether XRP and BTC prices can reach new all-time highs: 1. Latest developments in the Ripple case: SEC appeal plans (whether the SEC will withdraw the appeal). 2. Legislative progress: Advancements in crypto legislation such as the "Market Structure Act." 3. U.S. trade news: Potential retaliatory measures from countries regarding Trump's tariff letters. 4. The Federal Reserve (FED) policy guidance: Signals of hawkish or dovish stance. 5. ETF market fund flows: Trends in fund flows are crucial for the supply-demand balance of BTC.
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