Early investors sold 80,000 BTC, Ethereum stablecoin exceeded $140 billion

Bitcoin

Galaxy sells over 80,000 bitcoins for Satoshi-era investor

Galaxy recently sold over 80,000 bitcoins on behalf of an early Satoshi-era investor, valued at over $9 billion at current market prices. Galaxy said the transaction was part of the investor's estate planning strategy and marked one of the earliest and most significant exits in the digital asset market.

Citi predicts Bitcoin could reach $199,000 by year-end

Wall Street banking giant Citi predicts Bitcoin could reach $199,000 by year-end.

Galaxy Digital withdrew 200 million USDT from CEX in the past 15 minutes, or has partially completed the sale of Bitcoin

According to the information on the chain, Galaxy Digital withdrew 200 million USDT from CEX in the past 15 minutes, or has completed the sale of part of Bitcoin. According to previous statistics, Galaxy Digital has transferred more than 10,000 BTC to CEX in the past 8 hours.

Bitcoin native financial services company ProCap has submitted a draft S-4 registration statement to the US SEC

ProCap BTC, LLC, a Bitcoin native financial services company supported by crypto investor Anthony Pompliano, announced that it has secretly submitted a draft S-4 registration statement to the U.S. Securities and Exchange Commission (SEC) with Nasdaq-listed Columbus Circle Capital Corp to seek approval for the business combination transaction between the two companies. The completion of the proposed transaction is subject to customary closing conditions, including the approval of Columbus Circle Capital Corp shareholders.

IMF: El Salvador's Strategic Bitcoin Reserve Fund accumulates Bitcoin in line with program conditions

The International Monetary Fund (IMF) said that El Salvador's Strategic Bitcoin Reserve Fund accumulates Bitcoin in line with program conditions. El Salvador's Bitcoin holdings are in line with the country's program commitments. The total amount of Bitcoin held in the Salvadoran government wallet remains unchanged.

Ethereum

Lido's share of the Ethereum staking market fell to 25%, the lowest since March 2022

According to Dune data, Lido's share of the Ethereum (ETH) staking market has fallen to 25.25%, the lowest level since March 2022.

USDC Treasury minted 100 million USDC on the Ethereum chain

According to Whale Alert monitoring, 2 minutes ago, USDC Treasury minted 100 million USDC on the Ethereum chain.

The Ethereum Foundation transferred 1,000 ETH to its internal address again, equivalent to approximately $3.66 million

According to Arkham monitoring data, about three hours ago, the Ethereum Foundation transferred 1,000 ETH (approximately $3.66 million) to its internal address (address: 0xc061...0B6d). The address currently holds 10,000 ETH, worth approximately $36.1 million.

BlackRock Ethereum ETF holdings exceed $10 billion

According to BlackRock's official data, as of July 22, the ETH holdings of its Ethereum exchange-traded fund iShares Ethereum Trust ETF (ETHA) reached 2,714,048.54040, and the holdings exceeded $10 billion, reaching $10,095,256,372.46.

The supply of stablecoins on the Ethereum network exceeds $140 billion

According to on-chain data, the supply of stablecoins on the Ethereum network exceeded $140 billion, a record high. The supply has almost doubled from the level in January 2024.

Other projects

Vietnam announces launch of national blockchain platform NDAChain

Vietnam announced the launch of the national blockchain platform NDAChain, which will serve as the core infrastructure of its digital ecosystem. NDAChain was developed by the National Data Association of Vietnam (NDA) and operated by the Data Innovation and Development Center of the Ministry of Public Security. The platform adopts the Proof of Authority (PoA) consensus protocol, equipped with zero-knowledge proof technology to enhance security, and has 49 public-private partnership verification nodes, including state agencies and companies such as SunGroup, Zalo, and Masan to participate in network security maintenance. The blockchain network will provide a decentralized trust layer for e-government, finance, medical care, logistics, and education. At the same time, NDAChain will support the NDA DID decentralized identity solution for counterparty identity authentication and digital contract signing. The government said that the NDAKey application will achieve second-level identity authentication, aiming to prevent fraud and digital identity theft.

Crypto custodian Anchorage Digital launches stablecoin issuance platform

US crypto custodian Anchorage Digital announced the launch of a stablecoin issuance platform to help clients capture the expected growth in asset-backed tokens following the passage of US stablecoin legislation.

Binance Wallet to launch Bitlayer (BTR) Pre-TGE and exclusive Booster events

According to the official announcement, Binance Wallet will launch Bitlayer (BTR) Pre-TGE and Booster events. Event start time: 2025-07-24 09:00 (UTC) Total rewards: 30,000,000 BTR tokens (3% of total supply) All Binance Wallet (no private key) users with 61 or more Binance Alpha Points can participate.

Solana Releases Internet Capital Markets Roadmap, Centered on Application Control Execution

The Solana Foundation released the "Internet Capital Markets" roadmap, which was co-authored by the Solana Foundation, Anza, Jito Labs, DoubleZero, Drift and Multicoin Capital team members, centered on application control execution, outlining six key trade-off dimensions: privacy and transparency, speed bumps and unconstrained transactions, inclusion and finality and latency, hosting and geographic decentralization, maker-first and taker-first priorities, and flexibility and opinionated architecture. In the short term, the Jito Labs team announced its Block Assembly Market (BAM) on Monday, a "transaction processing system that provides Solana validators, traders, and applications with powerful new tools to improve performance." BAM, which will go live at the end of this month, aims to bring privacy and transparency to on-chain transactions, allowing builders to deploy central limit order books (CLOBs) that compete with centralized exchanges. In the medium term (defined by the author as the next three to nine months), projects such as DoubleZero (a custom fiber network designed to reduce latency and increase bandwidth) and Alpenglow (Solana’s new consensus protocol that aims to reduce block finalization time from 12.8 seconds to just 150 milliseconds) will go live. Both projects are designed to enhance Solana’s existing network. In the long term, i.e., by 2027 and beyond, Solana will work on implementing Multi-Concurrent Leaders (MCL) and ACE to support the most liquid on-chain markets.

Vaulta received $6 million in strategic financing from WLFI

Vaulta (formerly EOS Network) received $6 million in strategic financing from WLFI to advance Web3 banking in the United States. USD1 will be directly integrated into Vaulta's infrastructure.