MicroCloud Hologram invests $200 million in Bitcoin and crypto derivatives, aiming for strategic cryptocurrency insights. source: https://coincu.com/348150-microcloud-hologram-crypto-investment

Stablecoin issuer Tether is ending support for USDT on five "legacy" blockchains after previously halting minting on those networks. source: https://decrypt.co/329857/tether-to-end-usdt-redemptions-on-bitcoin-cash-algorand-and-beyond

According to Cointelegraph, the French Public Prosecutor’s Office has initiated an investigation into the social media platform X over allegations of algorithmic manipulation for foreign interference. Magistrate Laure Beccuau announced on Friday that prosecutors are examining whether X breached French law by fraudulently extracting user data through its algorithms. This investigation follows reports submitted to the Paris Public Prosecutor’s Office’s cybercrime division on January 12. One report was filed by MP Éric Bothorel, a member of French President Emmanuel Macron’s Ensemble Pour La Republique party, and another by an undisclosed senior government official. Bothorel expressed his concerns in a statement on X, suggesting that the platform's algorithmic manipulation could be serving Elon Musk’s political interests. He welcomed the French justice system's efforts to address potential foreign interference. The case has been referred to the General Directorate of the National Gendarmerie, officially launching the investigation into X. The probe focuses on two main aspects: tampering with an automated data processing system and the fraudulent extraction of data, both allegedly conducted by an organized group. The J3 cybercrime unit, known for its previous investigation leading to the arrest of Telegram founder Pavel Durov in August 2024, will spearhead this inquiry. X has faced increasing scrutiny from European regulators since Elon Musk acquired the platform in 2022. In February, a ruling by the Berlin Regional Court, prompted by two German NGOs, mandated X to provide access to publicly available engagement data to aid researchers in studying potential election interference. Additionally, the European Union is investigating X for a possible breach of the Digital Service Act, which requires online platforms to remove illegal content and enhance algorithmic transparency. As Musk aims to transform X into a financial hub centered around cryptocurrency, the growing regulatory pressure in Europe could pose challenges to gaining the necessary approvals for offering financial services within the EU.

On Jul 11, 2025, 21:11 PM(UTC). According to Binance Market Data, BNB has dropped below 690 USDT and is now trading at 689.909973 USDT, with a narrowed narrowed 1.90% increase in 24 hours.

Coinbase acquires Opyn executives Leone and Clark to enhance onchain market capabilities in the DeFi space. source: https://coincu.com/348147-coinbase-opyn-executives-acquisition

Catenaa, Thursday, July 10, 2025-Bernstein analysts have raised their 12-month price target for Coinbase to $510, citing strong earnings projections and new strategic growth avenues. The updated forecast, up from $310, comes as the crypto exchange’s stock trades just shy of its all-time high, reflecting resurgent investor confidence. In a note released Wednesday, Bernstein analyst […] source: https://investors.catenaa.com/news/bernstein-boosts-coinbase-target-to-510-on-market-rally

Trade isn’t war and prosperity isn’t a contest source: https://blockworks.co/news/zero-sum-thinking

According to Cointelegraph, the political divide in the U.S. Congress regarding digital assets is intensifying as House Democrats prepare to counter Republican efforts to advance three significant crypto-related bills. On Friday, House Financial Services Committee ranking member Maxine Waters and digital assets subcommittee ranking member Stephen Lynch announced their intention to lead Democratic opposition against what they describe as "dangerous" legislation proposed by Republicans. Earlier this month, Republican leaders declared their plans to address bills concerning payment stablecoins, crypto market structure, and central bank digital currencies (CBDCs) starting Monday. Waters criticized the Republican initiative, stating, "[Republicans are] doubling down by fast-tracking a dangerous package of crypto legislation through Congress." She argued that the proposed bills lack essential consumer protections and national security measures, potentially implicating Congress in what she termed as U.S. President Donald Trump's "unprecedented crypto scam." With a narrow majority in the House, it remains uncertain whether Republicans can secure enough support to pass all three bills, especially given the opposition from Democrats like Waters and Lynch. The GENIUS Act, aimed at regulating stablecoins, has already passed in the Senate despite initial Democratic resistance. However, discussions around crypto legislation frequently involve debates over President Trump's crypto ventures. Lynch accused his Republican colleagues of prioritizing the crypto industry's interests while ignoring potential vulnerabilities and opportunities for abuse within the sector. Reports suggest Trump significantly increased his personal wealth through crypto investments, including his family-backed business, World Liberty Financial, which has faced scrutiny for issuing its own stablecoin, USD1. The three crypto bills under consideration include the GENIUS Act, the Anti-CBDC Surveillance State Act, which seeks to prevent the development of a U.S. government-issued digital dollar, and the CLARITY Act, designed to establish a digital asset market structure. On Friday, White House crypto adviser Bo Hines expressed confidence on X that the GENIUS Act would pass the chamber without amendments, expediting its progress to the president's desk. Meanwhile, efforts to pass a crypto market structure bill appear to be shifting to the Senate. In June, Senate Banking Committee Chair Tim Scott, along with Hines and Wyoming Senator Cynthia Lummis, announced plans to draft, introduce, and pass a bill by September 30, prior to the House's "crypto week" plans for the CLARITY Act. House Financial Services Committee Chair French Hill stated on a podcast that the market structure bill would be the best draft debated in the House since 2023. The bill is expected to clarify the roles of major U.S. financial regulators, particularly the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), in overseeing digital assets. The proposed legislation suggests granting the CFTC more authority over the registration and regulation of digital assets.

House Republicans announced a "crypto week" to consider three digital asset bills starting on Monday, but Democratic leaders are pushing back. source: https://cointelegraph.com/news/us-democrats-crypto-bills-anti-corruption-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point to a large surplus. The IEA raised its forecast for world supply growth this year to 2. 1 million oil barrels a day, an increase of 300k barrels a day from its previous estimate, while trimming […] source: https://www.cryptopolitan.com/global-oil-market-pressure-iea/

A drop in price without any reason is depressing, but a rise in price without any reason is also worrying.

Faced with profound changes in the global landscape, the most ideal path may still be to expand development space on the world stage.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

稳定币既非货币，也不必然稳定，其诞生的原初目的是成为加密货币的稳定交易媒介。

The price of Bitcoin surged above $112,000, setting a new record, after President Trump again urged the Federal Reserve to cut interest rates.

If the project team is disbanded or the platform loses connection, can users still safely withdraw assets and complete interactions?

RWA, stablecoin, in-depth interpretation of the Shanghai State-owned Assets Supervision and Administration Commission meeting: The integration of cryptocurrency, stablecoin and RWA Golden Finance, from the policy study meeting, see the breakthrough of RWA.

Stablecoins, from "single-digit licenses" to "50 passes" The Hong Kong model and European and American paths of stablecoin regulation Golden Finance, the global stablecoin regulatory landscape has entered a game accelerator.

Recommended readings tonight: 1. Shanghai SASAC studies stablecoins. Mysterious oriental power helps BTC break new highs? 2. ETH returns to $3,000. Is the alt season coming? Where the 313 million yuan of funds went remains a mystery: The whole story of the collapse of the Xinkangjia DGCX scam;

鑫慷嘉 DGCX 事件是一场典型结合数字资产、庞氏骗局和传销机制的数字金融诈骗。