According to BlockBeats, data from Coinmarketcap indicates that the Altcoin Season Index currently stands at 32, marking a recovery from its previous low of 15 on June 22. This index reveals that in the past 90 days, approximately 32 out of the top 100 cryptocurrencies by market capitalization have outperformed Bitcoin. The Altcoin Season Index is a real-time metric used to assess whether the cryptocurrency market is experiencing a period dominated by altcoins. It is based on the performance of the top 100 altcoins relative to Bitcoin over the last 90 days.

According to Odaily, a recent report by 10x Research highlights that Bitcoin's recent all-time high is not driven by market speculation but by deeper macroeconomic changes. The report points to the U.S. raising its $5 trillion debt ceiling, significant deficit spending, and an upcoming cryptocurrency policy report from U.S. President Donald Trump's task force as factors reshaping the macroeconomic landscape. The report suggests that Bitcoin has evolved into a macro asset used to hedge against unrestrained fiscal spending, marking a fundamental shift in its narrative. The Federal Open Market Committee (FOMC) meetings on July 22 and 30 may serve as key catalysts in redefining Bitcoin's role within the financial system. Data indicates that seasonal factors in July, a surge in bullish options purchases, and a wave of short liquidations have collectively contributed to the recent price increase.

Odaily Planet Daily News 10x Research's latest report pointed out that Bitcoin's recent record highs were not driven by market speculation, but by deeper macroeconomic changes. The increase in the US debt ceiling of $5 trillion, huge deficit spending, and the upcoming crypto policy report by the Trump Working Group are jointly reshaping the macro landscape. The report believes that Bitcoin has transformed into a macro asset to hedge against unrestrained fiscal spending, and its narrative logic has undergone a fundamental change. The FOMC meetings on July 22 and 30 may become a key catalyst for redefining Bitcoin's role in the financial system. Data shows that seasonal factors, a surge in call option buying, and a wave of short liquidations in July jointly drove this round of increases.

Odaily Planet Daily News According to Arkham monitoring, Pudgy Penguins: Deployer transferred a total of 270 million PENGUs worth about 8.06 million US dollars to exchanges such as Gate, Bitget, Bybit, KuCoin, and Binance through the transit address from 8:13 to 8:48 UTC+8 today. It was previously reported that many well-known project parties/institutions changed the secondary creation avatar of Pudgy Penguins. In the past 24 hours, PENGU rose by more than 22%.

According to Foresight News, Tianyang Technology (stock code 300872) revealed during an institutional survey that major entities like JD.com and Ant Group are participating in the Hong Kong dollar stablecoin pilot. The company is adopting an open ecosystem strategy, aiming to involve more partners in the initiative. However, the circulation of the stablecoin outside its own ecosystem requires infrastructure support from third-party institutions, presenting clear collaboration opportunities for the U Card in the circulation process. Currently, Tianyang Technology is in the advanced stages of cooperation with a Hong Kong dollar stablecoin issuing institution.

Odaily Planet Daily News Crypto KOL @CryptoCharming1 posted on the X platform that he accidentally destroyed PUMP tokens worth $75,000 through the Axiom platform when sorting his wallet. He also said that he didn't notice it at first, and only realized the error after seeing @BroLeonAus's tweet.

Odaily Planet Daily News Lagrange Foundation posted on the X platform, "Paying attention to the fluctuations in the price of LA tokens, in response to this situation, the Lagrange Foundation announced that it may repurchase LA tokens in the future to help stabilize the price. After the repurchase occurs, it will be disclosed to the community in a timely manner. Any repurchased LA tokens will be kept by a regulated custodian or a primary broker account."

According to BlockBeats, Bitwise CEO Hunter Horsley has stated that Ethereum is not competing with Bitcoin but rather with Web 2.0 and traditional financial services software. He emphasized that over the next 6 to 12 months, the crypto market will move beyond the 'CoinMarketCap era,' which views all crypto assets as similar except for their market capitalization. Horsley highlighted that the opportunities among different blockchains are diverse, akin to the varied uses and commercial potential of applications on the iPhone, despite having similar underlying technology.

Hong Kong engages Korean regulators on digital assets, stablecoin discussions during Paul Chan's Seoul visit. source: https://coincu.com/348497-hong-kong-korea-digital-asset-talks

1. Trump: If Powell steps down, it will be a good thing, he should step down; 2. The Czech central bank purchased $18 million of Coinbase shares in Q2, the first purchase of crypto stocks; 3. The Governor of the Bank of England opposes banks issuing stablecoins and advocates the development of digital deposits; 4. The prosecutors in the Tornado Cash case cited false information to prove "guilty consciousness" and caused controversy; 5. MoonPay executives suspected of mistakenly transferring $250,000 to Nigerian scammers; 6. White House adviser: Whether Trump fires Powell or not, the Fed's answer to the headquarters renovation is the key; 7. Vitalik: AI is fully capable of taking away the crazy crown of cryptocurrency within a few weeks; 8. Former Fed Governor Walsh: The Fed should cut interest rates now; 9. Cathie Wood: The Ethereum Foundation is pushing the right direction related to scalability and privacy; 10. CITIC Securities: US inflation pressure may gradually emerge in the second half of this year; 11. US SEC Commissioner: Some token issuers need to come to the SEC for dialogue.

Golden Finance launches the 2754th issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.

RWA, project investment, project, traditional industry operation RWA three-dimensional evaluation - taking the biopharmaceutical industry as an example Golden Finance, this issue summarizes the relevant content of RWA of biopharmaceutical projects for reference.

Central Bank Digital Currency, Technology, Financial System, Cryptocurrency and Central Bank Digital Currency: Digital Transformation of the Global Financial System Golden Finance, Cryptocurrency and blockchain technology are reshaping the global financial landscape.

Today is a pure rambling about how blockchain practitioners should view the stablecoin wave.

Regarding the recent rumors about Powell's resignation, it is said that the pressure that forced him to resign was not due to any lofty economic policies, but because of the decoration problems of the Federal Reserve building.

The United States designated the week of July 14 as “Crypto Week” to promote the legislative process of three important digital asset bills: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Act.

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance. Its content covers the week's key news, mining information, project dynamics, technological progress and other industry dynamics.

Stablecoin, policy, law, stablecoin: reshaping the rules or old wine in new bottles? Golden Finance, the advantages of stablecoins and the implicit macro risks.

A recent research report released by asset management giant Fidelity Investments compares the Ethereum ecosystem to a "digital sovereign state" with a complete economic system, and ETH is the "native currency" of this emerging digital economy.

With Bitcoin being the first to reach the goal of "hitting a new all-time high" on the "Crypto Market Prediction List" for the second half of the year, what other surprises can we expect in the next six months?