Fidelity, a global top asset management company (, in its latest released Crypto Assets market insight report, clearly positions Ethereum ) ETH ( as a Store of Value, SoV ) and an alternative wealth preservation tool. This endorsement from a Wall Street institution marks a significant increase in the recognition of the Ethereum network and its native asset ETH by traditional finance giants, with the ETH value storage narrative receiving strong support.

Gate News bot message, the top American venture capital firm a16z announced through its official blog that it has relocated the registration of its main business entity AH Capital Management from Delaware to Nevada. The three partners of a16z stated in a joint declaration that the recent rulings of the Delaware Court of Chancery have become increasingly subjective, undermining the business community's confidence in its "gold standard" judicial system. Nevertheless, a16z indicated that it will continue to invest in companies registered in Delaware, but advises tech entrepreneurs to reconsider their choice of registration location.

Gate News bot message, July 10th, Gate platform announced the launch of the Solana ecological project Pump Fun (PUMP) Token subscription, and offers a 2.5% USDT cashback incentive. The subscription event will take place from July 12, 2025, 22:00 to July 15, 22:00 (UTC+8), with a total support sales limit of 25 million USDT and a total cashback limit of 625,000 USDT. Users participating in the subscription can receive a 2.5% cashback in USDT based on the actual amount paid, which will be automatically calculated and distributed by the system. If the number of participants is large, the cashback will be distributed in order of subscription time until the prize pool is exhausted. At the same time, the Gate platform has launched the "Invite Friends to Grab PUMP" event, where users can receive up to 500 USDT in additional rewards. According to official disclosures, this sale is initiated by the Pump fun team and plans to be publicly sold.

BlockBeats news, on July 10, according to GMGN market data, USELESS has risen approximately 50% in 24 hours, setting a historical high, currently priced at 0.318 USD, with a market capitalization reported at 318 million USD, and a 24-hour trading volume of 35.2 million USD.

Crypto Assets analyst BarriC recently made a bold prediction on social media platform X, instantly igniting the XRP community: he believes that the price of XRP is highly likely to soar from the current level of about $2 to a staggering $1000 at a pace far exceeding market expectations. This bullish prediction is based on an analysis of XRP's historical performance, injecting a shot of adrenaline into investors who have recently gained momentum due to holding above $2.25 at the quarterly close, with many anticipating a breakthrough of the all-time high (ATH).

Gate News bot news, the Russian Federal Labor Inspection stated that Russian companies intending to use Crypto Assets for payroll may face hefty fines. Although cross-border transactions have accepted Crypto Assets, the Ruble remains the only legal tender for salary payments. The agency has declared that businesses are prohibited from using Crypto Assets for wage payments, and the Ministry of Labor has confirmed this position.

Gate News bot news, focusing on the open source encryption company Zama specializing in fully homomorphic encryption (FHE), announced the completion of a $57 million Series B financing, led by Blockchange Ventures and Pantera Capital. This round of financing brings Zama's total funding to over $150 million, with the company's valuation exceeding $1 billion, making it the world's first FHE unicorn.

Today (10th) in the Asian early session, Pi Network (PI) has slightly increased, currently reported at 0.4693 USD, but the Trading Volume remains sluggish. The actual volatility of Pi coin has been steadily declining since reaching its peak in February, consistent with the consolidation phase. Coinglass data shows that the funding rate of Pi coin has turned negative, increasing the risk of short positions.

Bitcoin ( BTC ) price hit a historical high of $112,152 on Wednesday ( ATH ), soaring 3.54% from the day's low. This BTC pump follows a series of global events, including a surge in Bitcoin ETF inflows and announcements surrounding President Donald Trump's latest tariff measures. With these factors at play, the Bitcoin price broke through key resistance level, standing above the $112,000 mark for the first time since May. "Proof of History shows that this is a typical sign of a breakout, and the trends in the crypto market often go against group expectations," Santiment stated. "When retail investors exhibit FUD, it is usually an excellent time for smart money ( Smart Money ) to enter and accumulate positions." This observation suggests that as large investors leverage market sentiment shifts for positioning, the Bitcoin bull run is likely to continue.

The board of Thumzup Media Corporation has approved a significant expansion of its cryptocurrency strategy. The company has decided to start accumulating Ether (ETH), XRP (XRP), Solana (SOL), DOGE (DOGE), and LTC (LTC) to diversify its digital asset reserves. This move marks an important adjustment in Thumzup's allocation of its crypto assets while continuing to expand its influence in the cryptocurrency field.

Golden Finance reported that according to TraderT monitoring, the net inflow of the US Spot Bitcoin ETF yesterday was 214.5 million USD.

Since the beginning of this year, the global crypto market has welcomed a long-awaited emotional recovery, with Bitcoin and Ethereum successively breaking new highs, and the memecoins zone once again becoming a paradise for external funds. In this wave of enthusiasm, the pumpfun platform has quickly gained popularity with its "zero-threshold rapid issue coin," continuously breaking records in daily active Wallets and new coin quantities, becoming one of the fastest-growing memecoin issuance platforms in the Secondary Market.

Analysis shows that Bitcoin and Ethereum have the strongest correlation with the DAX index. The correlation coefficient matrix of ETH is 0.46, which means that while there is a certain correlation, it is not strong. Bitcoin, on the other hand, has a correlation coefficient matrix of 0.85, indicating that its price is quite consistent with the movements of the DAX index. Similarly, BTC also has significant correlations with other stock market indices, with correlations of 0.7, 0.68, and 0.69 with the Russell 2000 index, S&P 500 index, and Dow Jones Industrial Average, respectively. In contrast, Ethereum is almost completely independent of these indices, with its correlation coefficient matrix being very close to zero with these indices.

According to Bloomberg data, Bitcoin's price has first broken through the $112,000 mark, setting a new all-time high (ATH) and leading a broad pump in risk assets. This wave of rise has swept through tech stocks, benefiting both large and small tech companies. This strong trend highlights the current strong speculative atmosphere in the market. Despite U.S. President Trump ( Donald Trump ) announcing a new round of tariff policies, it failed to dampen market enthusiasm. The rise in Crypto Assets is not an isolated phenomenon: Nvidia ( Nvidia Corp. ) saw its market capitalization approach $4 trillion during Wednesday's trading, pushing the S&P 500 index close to historical highs, while hot money investors have also flocked to the stock market.

Gate News bot message, 69420 has been launched on Alpha

BlockBeats news, on July 10, Derlin Holdings' Hong Kong stocks rose over 65%. Previously, the company announced plans for tokenization of overall assets valued at up to 500 million, including several rights related to "Derlin Tower" located at 92 Wellington Street, Central, Hong Kong; and three asset rights managed by group funds. The above assets will be mapped on-chain and undergo compliance tokenization through the blockchain infrastructure provided by Asseto.

U.S. Senator Elizabeth Warren has expressed serious concerns regarding the CLARITY Act ( currently under review in the House of Representatives. This bill could allow publicly traded companies like TSL and Meta to circumvent regulation by the SEC ) through asset tokenization. During a Senate Banking Committee hearing, Warren warned: "Under this bill, publicly traded companies like Meta or TSL would only need to put their stocks on the blockchain — and poof! — they could completely escape SEC oversight." She emphasized that this would undermine the integrity of financial markets and jeopardize investor protection mechanisms.

TSL CEO Elon Musk's rift with President Trump is worsening. On July 5, Musk announced the establishment of an independent American party focused on Bitcoin and centrist policies. This move is fueled by Congress passing the controversial "Great Beautiful Act" of the Trump administration. Musk stated that the act runs counter to the government's initial efforts to cut spending. Although Musk hinted that he still supports Bitcoin, the challenges faced by third-party political movements in American history, along with Musk's own political and business challenges, make the future of this new party uncertain.

Donald Trump Jr., the eldest son of the U.S. President, recently revealed that he has invested in the social media marketing company Thumzup Media Corp. This company adopts a strategy of using Bitcoin (BTC) as a financial asset, which has sparked widespread attention in the market and political circles. This investment by Trump Jr. not only connects him more closely with the Crypto Assets field but also adds another layer to the Trump family's layout in the Crypto Assets arena, while also raising controversies regarding Bitcoin's financial strategies.

Gate News bot message, Sharplink Gaming has expanded its Ethereum portfolio by acquiring an additional 5,072 ETH, with a total value of $13.51 million. Following this acquisition, the company's total ETH holdings have reached 210,700 ETH, currently valued at approximately $584.52 million.

Recent minutes from the U.S. Federal Open Market Committee (FOMC) indicate that, amid escalating global trade tensions, The Federal Reserve (FED) has adopted a cautious stance. Participants noted that Trump's tariff measures are raising new inflation concerns, necessitating a tentative rate cut strategy from the FED. Crypto Assets investors need to closely monitor upcoming economic data (especially inflation reports CPI/PCE) and speeches from FED officials to look for any signs of a policy shift, which would be a key trigger for a change in market sentiment. In the long term, the onset of a rate cut cycle is still viewed as a potential catalyst for a bull run in the crypto market.

According to ChainCatcher news, market reports indicate that Delin Holdings' Hong Kong stocks have risen over 65%, planning to tokenize asset values up to 500 million HKD, which will be tokenized using the blockchain infrastructure provided by Asseto.

Gate News bot message, according to the Gate announcement on July 9, 2025: Gate will conduct the Launchpool event for RCADE Network from July 9, 2025, 23:00 to July 16, 2025, 23:00 UTC+8, during which users can stake BTC or RCADE tokens to earn RCADE token rewards. The total airdrop amount for this event is 19,200,000 RCADE. RCADE Network is derived from Revolving Games, which started in 2020 and has now developed into a game development team with over 100 employees. In June 2022, the team launched its first AAA web3 game themed around Battlestar Galactica in collaboration with Gala Games and NBCUniversal. Rewards will be distributed to users' spot accounts every hour based on the proportion of their staked assets, and this event adopts a 100% instant unlocking mechanism. VIP5 and above users can enjoy a maximum 500% staking limit bonus rights.

According to BeInCrypto's observation, in the past five months, the holdings of Pi Network (PI) tokens on centralized exchanges have continuously risen, increasing from 263 million in March to over 370 million currently, a growth of more than 40%.

Gate News Bot news, July 10, according to CoinMarketCap data, as of the time of this report, PEPE (Pepe) is currently priced at $0.000011, rising 9.26% within 24 hours, reaching a high of $0.000011 and a low of $0.0000095. The current market capitalization is approximately $4.625 billion, an increase of $392 million compared to yesterday. Currently, PEPE ranks 28th in the market capitalization of Crypto Assets. PEPE is a meme token themed around the well-known internet meme frog Pepe. The project aims to revitalize the meme coin market through pure meme power. The PEPE token adopts an issuance model with no presale, zero taxes, locked liquidity pool, and relinquished contract ownership, emphasizing its service to the people. The project has no formal team or roadmap and is positioned as a token for pure entertainment purposes.

Gate News Bot message, July 10, according to CoinMarketCap data, as of the time of writing, XDC (XDC Network) is currently priced at $0.07, rising 5.99% in the past 24 hours, reaching a high of $0.07 and a low of $0.06. The current market capitalization is approximately $1.121 billion, an increase of $63.4 million compared to yesterday. The XDC Network is a decentralized smart contract platform, community-driven, focused on the seamless execution of enterprise-friendly use cases such as trade finance and payments. The network is a secure, scalable third-generation blockchain network, with transaction capabilities exceeding 2000 per second, providing high throughput and low latency transactions. The XDC Network supports EVM-compatible smart contracts, with transaction fees close to zero and transaction confirmation times of less than 2 seconds. XD

Gate News Bot news, on July 10th, according to CoinMarketCap, as of the time of writing, NEIRO (First Neiro On Ethereum) is currently priced at $0.00046252, with a rise of 12.52% in the last 24 hours, reaching a high of $0.00051986 and a low of $0.00040354. The current market capitalization is approximately $195 million, an increase of $21.7 million compared to yesterday.

Today (10) in the Asian early session, Pi Network (PI) followed the market rebound, but the pump was limited to within 2%, currently reported at 0.4681 USD. The recognition of Pi Network by 137 Ventures is both exciting and concerning. The Pi Mainnet is about to launch, and the community is in heated debate over its price prospects.

Pump.fun, which once sparked the frenzy of Solana memecoins, announced that it will launch an ICO exceeding $1.3 billion on July 12, aiming to create an "anti-traditional" social platform. However, the market questions whether it can overcome the dual challenge posed by strong competitor LetsBonk. The total supply of PUMP tokens is 1 trillion, with 33% allocated for public sale. This public sale will be opened simultaneously across six major exchanges, including Gate, and users must complete the platform's KYC. After the public sale ends, ICO participants will receive tokens, which will initially be non-transferable (i.e., not tradable), and the transfer rights will be activated 48-72 hours after the ICO concludes.

Jin10 reported on July 10 that the new stock N Tongyu opened up more than 110%, trading at 180 yuan. Tongyu New Materials is publicly issuing 10 million shares, with an issuance price of 84 yuan per share, raising a total of 840 million yuan. After the issuance, the total share capital will be 40 million shares. Tongyu New Materials mainly engages in the research and development, production, and sales of electronic resins.

A hacker stole assets in an attack on the GMX V1 pool, exchanging all assets except for FRAX for 11,700 ETH, worth approximately $32.33 million, and deposited them into 4 wallets. At the same time, the hacker still holds about 10.495 million FRAX, totaling approximately $42.8 million in assets. This move seems to reject the project party's repayment proposal.

Today (10), during the Asian early session, Ethereum (ETH) rose to around 2770 USD, driven by Bitcoin reaching a historic new high. The market surge highlights the strong correlation between Bitcoin and top alts. GameSquare announced plans to raise 100 million USD to launch the ETH treasury.

Nansen CEO Alex Svanevik and ZenAcademy founder Zeneca shared their achievements in angel investing. Svanevik invested in 58 projects, achieving 8 major victories; Zeneca invested in 68 projects, with only 3 major victories. Both encountered multiple investments that dropped to zero.

According to Coinglass's semi-annual encryption derivatives market report, Hyperliquid (HYPE) is experiencing explosive growth, with average daily volume skyrocketing from under $100 million to an impressive $300 million to $5 billion in just one year.

Gate News bot message, prominent cryptocurrency trader @AguilaTrades has expanded their leveraged Bitcoin long position to 2,821.36 BTC, utilizing 20x leverage. The position's current value surpasses $300 million, with accumulated floating profits reaching approximately $6 million.

According to CryptoSlate, a group of U.S. Democratic senators has proposed a new bill to impose sanctions on Salvadoran President Nayib Bukele and his government members. The bill is called the "Salvador Accountability Act" (S.2058) and is introduced by Senators Chris Van Hollen, Tim Kaine, and Alex Padilla. If passed, the bill would require President Donald Trump to impose sanctions on the Salvadoran government for alleged human rights violations and abuses of Bitcoin.

Gate News Bot message, July 10, according to CoinMarketCap data, as of the time of writing, LA (Lagrange) is currently priced at $0.49, having fallen 2.28% in the last 24 hours, with a high of $0.71 and a low of $0.48. The current market capitalization is approximately $93.90 million, a decrease of about $2.187 million compared to yesterday. The Lagrange Foundation is dedicated to building a verifiable world. The foundation focuses on the development of the Lagrange ecosystem and provides LA tokens and community participation opportunities. Recent important news from LA: 1️⃣ **Mainstream trading platforms add LA support** LA will add support on multiple mainstream trading platforms on July 10, 2025. This includes features such as financial products, one-click coin purchase, flash exchange, and leveraged trading.

Gate News Bot news, July 10, according to CoinMarketCap, as of the time of writing, ETHFI (ether[.]fi) is currently priced at $1.10, with a rise of 17.40% in the last 24 hours, reaching a high of $1.10 and a low of $0.91, with a 24-hour volume of $182 million. The current market capitalization is approximately $411 million, an increase of $60.9 million compared to yesterday.

Gate News Bot news, July 10, according to CoinMarketCap, as of the time of writing, GMX (GMX) is currently priced at $12.16, having fallen by 14.69% in the last 24 hours, with a high of $15.03 and a low of $10.33. The 24-hour volume reached $171 million. The current market capitalization is approximately $124 million, a decrease of $21.3714 million compared to yesterday. GMX is a decentralized perpetual contract exchange that allows users to trade top cryptocurrencies like Bitcoin, Ethereum, Avalanche, etc., directly from their wallets, with up to 100x leverage. GMX determines liquidation timing through high-quality price feeds, protecting user positions from temporary price fluctuations. The platform offers a trading experience with low spreads and low slippage, allowing users to obtain the best prices without additional costs. GMX is currently on Arbit

Today (10) in the Asian early session, the decentralized exchange GMX token fell nearly 15% because the exchange's V1 platform and the GLP pool on Arbitrum suffered a loss of 40 million dollars due to an attack, while its V2 platform was unaffected.

Gate News Bot news, July 10, according to CoinMarketCap quotes, as of the time of writing, BANANAS31 (Banana For Scale) is currently priced at $0.02, with a 24-hour pump of 27.91%, reaching a high of $0.03 and a low of $0.01. The current market capitalization is approximately $246 million, an increase of $53.7 million compared to yesterday.

Gate News Bot News, July 10, according to CoinMarketCap data, as of the time of writing, TAO (Bittensor) is currently priced at $347.85, having risen by 8.46% in the last 24 hours, with a high of $351.32 and a low of $315.87. The 24-hour volume reached $157 million. The current market capitalization is approximately $3.266 billion, an increase of $255 million from yesterday. TAO is currently ranked 31st in the market capitalization of crypto assets. Important news about TAO recently: 1️⃣ **Seed label removal** Starting from July 9, 2025, the seed label for TAO (Bittensor) will be removed. This move reflects the maturity of the project, helps enhance investor confidence, and could be an important factor driving the recent price rise.

Hester Peirce, a member of the US SEC, stated that tokenized securities still need to comply with federal securities regulations, and market participants should carefully consider legal and regulatory requirements. Tokenization can be implemented by issuers or custodians and must adhere to information disclosure obligations, with a recommendation to communicate with the SEC to promote adaptive regulation.

During the bankruptcy liquidation process of FTX, a motion proposed by the FTX estate sparked significant controversy. The motion requested to suspend payments to residents of jurisdictions with legal or regulatory restrictions related to crypto assets trading. However, a Chinese creditor, Weiwei Ji, objected, pointing out that despite residing in Singapore, they were classified as Chinese creditors due to holding Chinese passports and faced the risk of being excluded from compensation. This objection represents the voice of Weiwei Ji and an increasing number of Chinese creditors (according to documents, this group exceeds 300 individuals) who question the fairness and legality of this motion.

Gate News bot message, within the last 8 hours, a new wallet address (0x35fbaD7C85A99938Bf8F7634859Dd0c7D59e48d4) executed a significant withdrawal of 25,567 ETH, valued at $69.9 million, from centralized cryptocurrency exchanges.

Gate News Bot news, July 10, according to CoinMarketCap data, as of the time of writing, WIF (dogwifhat) is currently priced at $0.95, with a rise of 12.05% in the last 24 hours, reaching a high of $0.96 and a low of $0.82. The current market capitalization is approximately $944 million, an increase of $102 million compared to yesterday. WIF is a simple concept: a dog wearing a hat. The project's official website emphasizes "It is just a dog wearing a hat" as this simple idea. The total supply of WIF tokens is 999 million, with a circulating supply of 999 million. The project also offers exclusive merchandise, including WIF hats. Important news about WIF recently: 1️⃣ **Market sentiment warming drives WIF rebound** With Bitcoin breaking through $109,000, cryptocurrencies

According to BlockBeats news on July 10, monitoring by lookonchain shows that the "insider trader" @qwatio account currently has only $67,000 left after a recent series of liquidations, suffering a loss of over $16.2 million.

Gate News Bot news, July 10, according to CoinMarketCap market data, as of the time of writing, PNUT (Peanut the Squirrel) is currently priced at 0.23 USD, with a rise of 2.81% in the last 24 hours, reaching a high of 0.26 USD and a low of 0.21 USD. The current market capitalization is approximately 232 million USD, an increase of 6.35 million USD compared to yesterday. Peanut the Squirrel is a token project based on the Solana network. The project originated from an incident where a squirrel named Peanut was taken away and euthanized by the NYSDEC, which sparked widespread attention and protests. The PNUT token aims to commemorate Peanut and become a symbol of second chances and hope. The project emphasizes the importance of protecting pets and personal freedom, and Peanut's story inspired

Golden Finance reports that El Salvador has currently realized nearly $400 million in unrealized profits from its Bitcoin holdings.

Today (10), during the Asian early session, Bitcoin (BTC) rose above 111,000 USD, reaching a peak of 112,040 USD, setting a new historical record. The minutes from the Federal Reserve (FED) meeting indicate that participants have differing views on the inflation outlook, with only a few willing to consider a rate cut in July. U.S. President Trump has again sent tariff letters to 8 countries, with Brazil facing a 50% tariff.

PANews, July 10th news, according to Onchain Lens monitoring, a Whale spent 27.5 million USDT to buy ETH and AAVE: among them, 25 million USDT was spent to buy 9,187.52 ETH at an average price of 2,721 USD; 2.5 million USDT was spent to buy 8,243.44 AAVE at an average price of 303.27 USD.

As the ETH price pumps, the "Three Battles ETH 100% Win Rate Whale" executed a stop loss and closed position after the ETH broke through the short cost price. This whale shorted 50,000 ETH on June 11, achieving a maximum unrealized gains of 22.83 million USD, but ultimately incurred a loss of 710,000 USD.

BlockBeats news, on July 10, according to Coinglass data, if Bitcoin breaks through $114,000, the cumulative short order liquidation intensity on mainstream CEXs will reach $1.389 billion. Conversely, if Bitcoin falls below $108,500, the cumulative long order liquidation intensity on mainstream CEXs will reach $1.994 billion. BlockBeats note: The liquidation chart does not display the precise number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on the liquidation chart actually show the importance of each liquidation cluster relative to nearby liquidation clusters, i.e., intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that level, it will trigger a stronger reaction due to liquidity waves.

Jin10 reported on July 10 that on July 9 local time, Ukrainian President Zelensky met with the U.S. Special Representative for Ukraine Negotiations, Kurt Volker, in Rome, the capital of Italy. Volker came as a member of the U.S. delegation to participate in the International Conference on Ukraine Reconstruction held in Rome from July 10 to 11. Zelensky stated that the two sides discussed issues such as purchasing U.S. weapons, conducting joint defense production, achieving localized production of weapons in Ukraine, and sanctions against Russia. Previously, U.S. President Trump had promised to provide additional weapons to Ukraine.

Donald Trump Jr. invested in a loss-making social media company Thumzup, purchasing 350,000 shares worth over $4 million, as a new attempt by his family in their Crypto Assets strategy.

PANews July 10 news, according to Jin10 reports, "The Federal Reserve's mouthpiece" Nick Timiraos stated that the Federal Reserve's meeting minutes revealed some things we already knew. Officials are divided into three main camps regarding the interest rate path: ① a rate cut within the year but excluding July (the mainstream camp), ② keeping rates unchanged for the whole year, ③ advocating immediate action at the next meeting (the minutes show that only a "minority" of participants supported this, implying that it includes The Federal Reserve Board of Governors Waller and Bowman). The minutes also pointed out that "a few participants expressed that the target range for the federal funds rate may not be much higher than the neutral level at this time." In other words, unless the economy significantly slows down, even if a rate cut is restarted, the subsequent room for further cuts will be very limited.

Since the beginning of this year, the market has shown significant structural trends. In June, over 2000 private equity funds reached historical highs in net value, with 90% of the hundred-billion-level private equity achieving positive returns, and quantitative private equity reaching 100%. Recently, the issuance of private equity has warmed up, with incremental funds getting on board, and the A-shares and Hong Kong stocks may further rise.

Golden Finance reports that the fintech company Revolut is in talks to raise $1 billion in new capital at a valuation of $65 billion. Greenoaks, an American investment firm that specializes in supporting high-growth tech companies like Robinhood and Stripe, is currently in negotiations to lead this round of financing, but the final terms have not yet been determined.