According to PANews, the stablecoin concept stocks saw intraday fluctuations and subsequent gains. Jingbei Fang reached its daily limit, setting a new record high for its stock price. Earlier, Jinyi Culture also hit its daily limit. Other companies such as Xinyada, GCL Energy Technology, Hope Co., Tianyang Technology, Zhengyuan Wisdom, and Langxin Group experienced significant increases in their stock prices.

Ethereum price started a fresh increase above the $2,450 zone. ETH is now back above $2,550 and might soon aim for more gains. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,575 and the 100-hourly Simple Moving Average source: https://www.newsbtc.com/analysis/eth/ethereum-price-gathers-strength-2550/

According to BlockBeats, digital currency and stablecoin concept stocks in the Hong Kong and A-share markets experienced notable gains today. Guotai Junan International (01788.HK) saw an increase of over 19% after receiving approval to offer cryptocurrency and virtual asset trading services. Duodian Digital (02586.HK) rose by more than 18.49% following its announcement of preparing to apply for a Hong Kong stablecoin license. Huaxing Capital Holdings (01911.HK) gained over 6% as it plans to invest $100 million in developing Web3 businesses and investing in crypto assets. Victory Securities (08540.HK) increased by more than 5.8% after announcing it had received two virtual asset business approvals from the Hong Kong Securities and Futures Commission. In the A-share market, Jingbei Fang (002987.SZ) hit the daily limit with a 10% increase. Huafeng Superfiber (300180.SZ) rose by 4.11%, Lakala (300773.SZ) saw a 3.22% increase, and Sifang Jingchuang (300468.SZ) gained 6.36%.

Ether (ETH) traded steadily around $2,584 (+0. 55%) as risk assets rallied on strong US jobs data. US economy added 147,000 jobs in June (beating 110K forecast); S&P 500 and Nasdaq hit new record highs. US Congress passed President Trump’s $4 source: https://coinjournal.net/news/ether-gains-0-55-as-strong-us-jobs-data-lifts-sp-500-nasdaq-to-records/

Dogecoin has observed a rebound from the support line of a Parallel Channel. Here’s where the next target could lie, according to an analyst. Dogecoin Found Support At Lower Level Of This Channel In a new post on X, analyst Ali Martinez has talked about how the daily Dogecoin price is currently looking from the perspective of a technical analysis (TA) pattern. The pattern in question is a Parallel Channel, which forms whenever an asset’s price witnesses consolidation between two parallel trendlines source: https://www.newsbtc.com/news/dogecoin/dogecoin-bounces-back-with-8-gain-is-0-26-in-sight/

TIA has delivered gains for investors but still faces several hurdles. source: https://ambcrypto.com/celestia-defies-bears-with-16-rally-but-will-profit-taking-kill-tia/

Follow up to the hour updates on what is happening in crypto today, July 4. source: https://cryptonews.com/news/live-crypto-news-today-latest-updates-for-july-4-2025/

The US Justice Department has launched a criminal investigation into a former employee of DigitalMint, a Chicago-based firm specializing in ransomware negotiations and cryptocurrency payments.

According to Foresight News, monitoring by Lookonchain reveals that the whale known as qwatio has resumed shorting Bitcoin after experiencing ten liquidations. The entity recently opened a short position of 21 BTC, valued at approximately $2.3 million, at the $109,135 mark. The whale's strategy involves shorting at low levels, facing liquidation, and then repeating the process.

JD. com and Ant Group urge China's central bank to approve an RMB-backed stablecoin to promote internationalization. Discussions continue. source: https://coincu.com/346724-jd-ant-group-rmb-stablecoin

Odaily Planet Daily News According to Reuters, citing people familiar with the matter, JD.com and Ant Group recently proposed to the People's Bank of China to approve the issuance of RMB-based stablecoins. JD.com pointed out in a closed-door discussion that it is urgent to promote the landing of offshore RMB stablecoins as a key tool to promote the internationalization of RMB. There are also reports that Ant Group is preparing to apply for stablecoin-related licenses in Hong Kong and Singapore to make preliminary preparations for the issuance of offshore RMB stablecoins. (Sina Finance)

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