Trump to Sign "Beautiful Act" at 5 AM on Saturday

On Thursday, July 4th, Minna Bank, Japan's first digital-only bank and a subsidiary of Fukuoka Financial Group, announced that it is currently exploring the utilization of stablecoins and digital wallets to provide support for the country's daily financial services and payment activities. This undertaking is an integral part of a joint research project carried out in collaboration with Fireblocks, Solana Japan, and the Japanese tech firm TIS. The research aims to evaluate the practical application of stablecoins and decentralized wallets in actual banking operations. The study will explore various use cases such as cross-border payments, real-world asset transactions, and daily digital payments. In addition, it will examine the technical viability of issuing stablecoins on the Solana blockchain and assess how Web3 wallets can offer users a more intuitive financial experience.

On July 4th, based on LookOnChain's monitoring, a suspected Matrixport address withdrew an additional 10,000 ETH (approximately $25.97 million) from Binance 20 minutes ago. Over the past two days, this wallet has already withdrawn a total of 50,734 ETH (approximately $130 million) from Binance and OKEx.

On July 4th, as monitored by on-chain data analyst Yu Jin, a certain whale/institution has accumulated an additional 13,000 ETH (approximately $32.51 million) in the past 2 days and transferred it to a CEX. During the past 3 weeks, they have accumulated a total of 81,182 ETH (approximately $198 million) transferred to CEX, with an average price of around $2,443. Currently, they only hold 14,131 ETH (approximately $36.68 million) remaining, and it is expected that all will be transferred to CEX in the next three to four days.

On July 4th, based on the @pandajackson42 data dashboard, Binance Alpha's trading volume reached $460 million on July 2nd. This was a slight increase compared to the July 1st volume of $439.6 million. Among them, BR had a trading volume of $297 million, KOGE had a trading volume of $47.31 million, and BULLA had a trading volume of $36.46 million, ranking at the forefront.

On July 4th, Asian Legal Business (ALB) declared the "2025 Top 15 Chief Compliance Officers in Asia" list. Robert MacDonald, the Head of Legal and Compliance at Bybit, was successfully included in this list. ALB pointed out that MacDonald, with his extensive experience in regulation, technology, and corporate governance, has showcased strong "regulatory diplomacy" abilities. This has enabled Bybit to achieve a balance between compliance and growth. MacDonald previously worked at the UK Ministry of Justice and was involved in the Financial Action Task Force (FATF) work. Later, he transitioned to the international finance and technology field, aiming to transform regulatory experience into a commercial growth strategy. He joined Bybit in September 2024 and was appointed as the Head of Legal and Compliance at Bybit. Under his leadership, the platform has obtained licenses in regions such as Austria, the UAE, Turkey, and Georgia, and the user base has increased from 30 million to 70 milli

On July 4th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the "Insider Trader" @qwatio once more enhanced his short position in the early morning. He increased his short position by 21.04 BTC, causing the total position to return to $30.48 million. Nevertheless, there still exists a considerable risk of liquidation.