Bitcoin
France plans to use surplus nuclear power for Bitcoin mining
According to Cryptoslate, French legislators have submitted a bill to use excess power from nuclear power plants for Bitcoin mining, which is expected to generate $100-150 million in revenue each year. The five-year pilot program will allow mining centers to co-locate with nuclear power facilities and only start when there is excess electricity, while recycling the heat generated by mining for heating or industrial purposes. The proposal was submitted to the French National Assembly on July 11.
Bitcoin Treasury Capital increased its holdings by 4.5 bitcoins, bringing its total holdings to 156
Canadian listed company Bitcoin Treasury Capital announced that it had purchased 4.5 bitcoins for approximately $500,000 (or 5 million Swedish kronor), with an average purchase price of $118,338 per bitcoin.
As of July 18, 2025, it holds a total of approximately 156 bitcoins. The approximately 5 million Swedish kronor raised from the July 9 share issuance has not been used and will be used to purchase bitcoins.
Analysis: Japan's Senate election may reshape Bitcoin policy
Japan, once one of the world's largest crypto markets, has gradually weakened its market dominance after major hacking incidents such as Mt.Gox and Coincheck. Despite this, the Japanese crypto market still has great potential, with total personal financial assets estimated at about 200 trillion yen, or about $13.5 trillion.
However, high tax rates and complex rules for calculating losses on crypto assets constitute significant investment barriers. The July 20 election could fundamentally reshape Japan's national governance structure and become a critical moment in the development of cryptocurrency policy.
As a result, while the ruling coalition is struggling with tax reform, the opposition is rapidly gaining momentum. The Japanese crypto industry is closely watching possible changes to the crypto tax classification system. In particular, the opposition advocates a separate taxation system to replace the current "miscellaneous income" rules.
The Smarter Web Company intends to raise at least $20.1 million to purchase Bitcoin
The Smarter Web Company announced that it has commissioned Tennyson Securities and Peterhouse Capital Limited to issue new common shares to institutional investors for placement. The accelerated book-building process will begin immediately following this announcement, and the company plans to raise at least £15 million ($20.1 million) to purchase Bitcoin.
FOIA: US Marshals Service Holds At Least $1.6 Billion in Bitcoin
Documents obtained through Freedom of Information Act (FOIA) requests show that the US Marshal’s Service holds at least $1.6 billion in Bitcoin (BTC). The documents do not disclose specific case numbers, seizure dates, asset IDs, etc., but suggest that the agency may hold approximately 28,988 BTC, which could be worth approximately $3.4 billion at an average price of $56,000.
Ethereum
216th Ethereum ACDE meeting: decided to remove EIP 7907 from Fusaka upgrade
The minutes of the 216th Ethereum Executive Core Developer Meeting (ACDE) summarized by Christine Kim show that today developers decided to remove EIP 7907 from the Fusaka upgrade, which means that there will be no changes to Ethereum's smart contract code size limit in the foreseeable future.
A version of this EIP may be re-proposed for the Glamsterdam hard fork, but there is no guarantee that it will be included in the next hard fork.
In addition, Tim Beiko shared a possible timeline for Fusaka's launch on the mainnet at the meeting. The proposed timeline is as follows: 1. Client public testnet release: week of August 25; 2. First public testnet upgrade: September 22 to October 3; 3. Second testnet upgrade: October 6 to 10. ; In addition, developers plan to launch Fusaka Devnet-3 on July 23.
Regarding the Glamsterdam hard fork, developers have generally reached a consensus on what they plan to implement. However, they are still discussing several key issues about how the fork, including the "proposer-builder separation solidification mechanism" and "block-level access list", will be implemented.
After further consultation with the broader Ethereum community, developers plan to make a final decision on the core code changes in the Glamsterdam upgrade in the next two to four weeks.
The Ethereum Foundation has transferred 1,000 ETH to its internal address, equivalent to approximately $3.6 million.
According to PeckShield monitoring, the Ethereum Foundation has transferred 1,000 ETH (approximately $3.6 million) to its internal address (address: 0xc061...0B6d). The address currently holds 8,000 $ETH, worth approximately $29 million.
BlackRock Ethereum ETF received $560 million in inflows
According to AggrNews, BlackRock Ethereum ETF received $560 million in inflows.
Ethereum's market value exceeds that of Costco, a domestic supermarket in the United States, and its global asset market value ranking rises to 29th
According to 8marketcap data, Ethereum's market value has risen to 432 billion US dollars, surpassing Costco, a domestic supermarket in the United States, and its ranking in global asset market value has risen to 30th.
Bitmine's Ethereum holdings exceed 300,000, surpassing SharpLink and Ethereum Foundation
According to Strategic ETH Reserve data, the total ETH holdings of leading institutions with Ethereum reserves of more than 100 ETH have exceeded 1.7 million, reaching 1,738,573 ETH to date, with a value of approximately US$6.152 billion. Among them, Bitmine's Ethereum holdings exceeded 300,000, surpassing SharpLink and the Ethereum Foundation to rank first. The current institutions with ETH positions exceeding 100,000 include: Bitmine Immersion (300,700), SharpLink Gaming (280,600), Ethereum Foundation (240,500), PulseChain Sac (166,300), Coinbase (137,300), Golem Foundation (101,300), and Bit Digital (100,600).
Other projects
Base launches Flashblocks to increase the network's base speed by 10 times
Flashblocks has been launched on the Base network, increasing the network's base speed by 10 times. It is reported that Flashblocks will reduce the effective block time from 2 seconds to 200 milliseconds, making the Base network the fastest EVM chain currently.
This upgrade may prepare the infrastructure for the launch of the Base App. Coinbase previously announced the launch of the "everything app" - "Base App" to replace Coinbase Wallet. The new application integrates wallet, transaction, and payment functions, while integrating social media, instant messaging and mini-program support, all running on its self-developed Ethereum second-layer network Base.
Bank of America plans to launch stablecoins and is waiting for legal clarity
Bank of America CEO Brian Moynihan said the bank is preparing to launch stablecoins and investors can expect Bank of America to take action in the cryptocurrency field, but Brian Moynihan did not provide a specific timetable.
Moynihan said, "As the second largest bank in the United States, Bank of America believes that both the industry and itself will take action. We have done a lot of work and are still trying to figure out the scale of stablecoins, because the scale of capital flow in some areas is not large. Bank of America is trying to understand customer needs and will launch stablecoins at the right time, possibly in cooperation with other institutions. Banks are still waiting for legal clarity, which is why progress is slower than some investors expected." Morgan Stanley Chief Financial Officer Sharon Yeshaya also said today that she is paying close attention to the development of stablecoins. "We are looking at the market and the potential uses of stablecoins for our customer base, but it is too early." Decentralized messaging protocol XMTP completes $20 million in Series B financing, led by a16z crypto and others. Ephemera, the company that developed the decentralized messaging protocol XMTP, completed a $20 million Series B financing, led by Union Square Ventures, a16z crypto and Lightspeed Faction, with participation from Coinbase Ventures, Offline Ventures, Sound Ventures and Distributed Global participated in the investment. After this round of financing, Ephemera's equity valuation is $300 million, and the broader network covering the XMTP protocol that will issue tokens is valued at $750 million.
Tokenized money market Spiko completes $22 million Series A financing
Tokenized money market fund platform Spiko has completed $22 million in Series A financing. Led by Index Ventures, White Star Frst, Rerail, Bpifrance and Blockwall, as well as Revolut co-founder Nikolay Storonsky, Kyriba founder Jean-Luc Robert, Bridge co-founder Zach Abrams, Wise CTO Harsh Sinha, Blackstone Group Co-Chief Investment Officer Lionel Assant and other angel investors participated in the investment.
The platform aims to help European companies obtain daily cash income through tokenized money market funds. The financing will be used to expand Spiko's tokenized money market fund business and provide European companies with more cash management options.
Trump-themed Meme Coin TRUMP is suspected to be preparing to launch a game project
According to the information leaked from the website, Trump-themed Meme Coin TRUMP is suspected to be preparing to launch a game project.
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