Hong Kong stablecoin bill's client identity rules spark industry concern

By Summer Zhen and Jiaxing Li
HONG KONG (Reuters) -The strict customer identification rules mandated in Hong Kong’s new stablecoin law could hinder adoption of the digital currency and the city's competitiveness in global digital finance markets, sources from the industry said.
Hong Kong's long-aw
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Cosmos Health Secures $300 Million to Launch Ethereum Treasury Strategy

Cosmos Health is launching a $300 million Ethereum treasury strategy by allocating 72.5% for ETH reserves through BitGo's custody services. This initiative aims to enhance shareholder value and support the company's digital transformation and blockchain integration efforts.
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Gate.com Derivatives Trading Complete Guide: Perpetual Futures, Options, and Margin Trading Guide

The Gate.com derivatives trading platform achieved a 70% rise in trading volume in 2025, attracting a large number of investors with its innovative features and user-friendly interface. The platform offers a variety of derivations and provides detailed guidance and educational resources. At the same time, Gate's risk management tools and optimized money laundering structure have also enhanced users' trading confidence, making it a leader in the Crypto Assets trading field.
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India Under Pressure: Falling Fuel Demand and Trump’s Harsh 50% Tariffs Raise Economic Risks

India’s economy is facing a dual shock. On one side, domestic fuel consumption is falling sharply. On the other, the United States under Donald Trump has just imposed painful 50% tariffs on Indian exports, adding pressure to an already challenged economic environment.
💥 Trump Responds to India’s
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XRP Rise: Support at $2.90 Remains Strong as Bulls Eye $3.40

XRP is currently showing mixed signals, with the short-term support level still being held, but warning signs have appeared on the long-term chart. XRP is also signaling a bearish divergence. This is not a short-term signal and does not mean that XRP will collapse today or tomorrow.
However,
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Save Satoshi Petition Touted by '$1 Million' BTC Samson Mow

Community wants to have Satoshi's statue restored
Satoshi's statue thrown into the lake
Samson Mow, a vocal Bitcoin maximalist and the CEO at JAN3, has called on the global Bitcoin community to sign a petition on Change.org that urges the vandalized Satoshi statue in Switzerland to be restored.
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Dogecoin Price to Hit $1, but Not Before Sei (SEI), Tron (TRX), and Fast-Rising Coin Below $0.002

Dogecoin’s climb to $1 has captured imaginations, yet fresher contenders are stealing the spotlight. Sei (SEI) has surged 0.94% in a day, Tron (TRX) boasts over 320 million users, and Little Pepe (LILPEPE) has raised $14,600,000 in its presale.
Investors are buzzing about these tokens outpacing the
SEI3.21%
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XRP encounters key resistance at $3.02, and if it loses the $2.92 support, it may trigger further pullback | XRP Price Prediction

XRP price failed to effectively break through the 3.10 resistance level, currently retreating to around 2.98, trading near the 100-hour moving average. The hourly chart shows a bearish trend line forming at 3.02, constituting a key short-term resistance. If this resistance cannot be broken, the price may test the 2.92 or even 2.88 support again; conversely, if it stabilizes and breaks through 3.10, it is expected to challenge the area above 3.20. This article analyzes the latest price movement of XRP, key support and resistance levels, and technical indicator signals.
XRP1.86%
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Solana (SOL) price prediction: Breaking through $172 could trigger a new round of rise.

Solana (SOL) price has strongly rebounded from the support level of 162 USD, currently trading above 165 USD and the 100-hour moving average, with short-term technical indicators showing positive signals. The hourly chart shows that SOL/USD is forming a converging triangle pattern, with key resistance at 172 USD. If it successfully breaks through, it may open up space for a rise towards 192 USD; conversely, if it is blocked at 170 USD, it may test back to the support levels of 162 or even 152 USD. This article provides the latest price movement of SOL, key support and resistance levels, and an interpretation of the technical indicators.
SOL3.78%
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DeFi is experiencing a strong recovery! The on-chain monthly volume of stablecoins has exceeded $1.5 trillion, setting a new historical high, with USDC dominating the market.

Blockchain analytics firm Sentora reports that the on-chain transaction volume of stablecoins soared to $1.5 trillion in July 2025, setting a new historical monthly record. The trading momentum remained strong in early August, with the transaction volume nearing $200 billion in the first five days. Meanwhile, the total value locked in DeFi reached $179 billion, a three-year high, driven by Ethereum breaking $4,000 and the inflow of funds into liquid staking protocols. Stablecoins have become a core metric of activity in the DeFi ecosystem, with USDC dominating the market, while demand for USDT in lending protocols surged.
DEFI17.79%
USDC-0.02%
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Parataxis has reached a $640 million SPAC merger with SilverBox IV to create a Bitcoin reserve company listed on the NYSE and enter the South Korean market.

Digital asset management company Parataxis Holdings and special purpose acquisition company SilverBox Corp IV announced a SPAC merger agreement to create a Bitcoin reserve company valued at $640 million, listed on the NYSE under the ticker PRTX. The transaction will inject up to $64 million in funding for Bitcoin reserve strategies, of which $31 million will be used to immediately purchase BTC, and a $400 million equity credit financing limit will be established. After the merger, the company will focus on expanding the Bitcoin reserve market in the United States and South Korea.
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Trump's semiconductor tax is set at 100%, what can be earned in the crypto world?

Trump announced a 100% tariff on imported semiconductors, prompting Apple to invest $100 billion in building a supply chain in the United States, thus promoting chip localization. Although this policy reduces geopolitical risks, it also increases costs and supply uncertainty. The demand for AI chips is rising, affecting the cost of mining rigs and reshaping the landscape of the crypto market, becoming a focal point for capital chasing.
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Thank you, Dad! TOFU Story is grateful to you, sending you 8.8 KAIA & 8.8 LINE points, wishing you 8888.

On this Father's Day, "TOFU Story" has prepared a special surprise for all the hardworking dads around the world. As a LINE original mini-game, TOFU Story not only brings adorable tofu characters but also creates an unprecedented experience of earning while playing through redeemable LINE points and rewards. This Father's Day, we sincerely invite everyone to spend warm moments with their dads, claim exclusive benefits, and nurture a tofu character that belongs to your family. (Previously: Youtuber Mukbang also participated! Finished a meal in 30 seconds, walked away with over 350 USDT in prize money!) (Background: TOFU Story: Earn LINE Points by playing the LINE mini-game while nurturing a pet tofu. Join now to share 30,000 LINE points.) (This article is a press release from TOFU Story.
KAIA3.69%
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The inflow of mainstream CEX alts has reached a multi-month high. Is the alt season approaching, or is it the rise of the "narrative season"?

On-chain data shows that the inflow of mainstream CEX alts has soared to a several-month high, with trading activity surging. Although the alt season index remains low, there is a significant divergence in the market regarding whether a bull run for alts has begun. This article analyzes the potential signals behind the massive inflow, the current contradictions in market indicators, and the heated debate among analysts regarding the timing and patterns of an altcoin breakout.
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The inflow of alts has surged to an 8-month high. Is the risk of dumping imminent or is this a precursor to a bull run?

According to the latest data from CryptoQuant, the inflow of alts into major CEX exchanges has recently surged to an 8-month high, indicating a significant increase in trading activity. Although the alts season index is only at 35 and has not officially entered "alts season," analysts have differing views on the market outlook: some warn that this may signal increased dumping pressure, while others believe a bull run for alts is imminent. This article will delve into the market signals, exchange dynamics, and expert opinions behind the surge in alt inflows, helping you grasp the latest risks and opportunities.
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