Guotai Junan International and Victory Securities surged more than 20% intraday, having both previously received approval to provide virtual asset trading services.

On July 4th, according to Finbold, during the first half of 2025, the quantity of addresses holding more than $1 million worth of Bitcoin witnessed a notable increase. The overall number of Bitcoin millionaire addresses surged by 26,758, ascending from 155,569 at the start of the year to 182,327 by the end of June. Interestingly, the majority of the growth took place in the second quarter. In fact, the number of millionaire addresses declined by 13,942 during the first quarter, dropping from 155,569 on January 1st to 141,627 on March 31st. The resurgence of high-value wallet addresses indicates strong buying activity during the market dip earlier this year and the renewed institutional demand following the launch of a U.S. Bitcoin spot ETF.

On July 4th, JPMorgan Chase issued a research report indicating that it holds an optimistic view on Standard Chartered Bank (02888.HK), a Hong Kong-listed enterprise. Standard Chartered Bank is classified as the top choice among Hong Kong bank stocks. This bank is less impacted by the reduction of the Hong Kong Interbank Offered Rate and Hong Kong commercial real estate risks. It is a major recipient of RMB internationalization and has a more distinct digital asset development strategy, which makes it more resilient to the impact of stablecoins compared to its peers. JPMorgan Chase has set a target price of 135 Hong Kong dollars and rated it as Overweight.

On July 4th, according to a report in "Fortune", Microsoft announced that it has suspended approximately 3,000 Outlook and Hotmail accounts created by known North Korean IT employees. This is one aspect of its comprehensive efforts to combat North Korean IT employee scams, with the aim of preventing their global fraud conspiracy. Previously, on July 1st, the FBI (Federal Bureau of Investigation) and the U.S. Department of Justice announced nationwide actions to combat North Korea's remote IT work fraud against U.S. companies. This included the arrest of a U.S. citizen suspected of providing a "laptop farm" to North Korean operatives. It also involved the seizure of 29 bank accounts, the closure of 21 fraudulent websites, the confiscation of more than 200 devices, the recovery of over $900,000 in stolen cryptocurrency, and the breach of more than 100 U.S. companies.

On July 4th, the Binance Wallet is scheduled to conduct a BOOM TGE on July 8, 2025, starting from 16:00 to 18:00 (UTC+8). Qualified users will be required to use Binance Alpha Points to participate. Details regarding the TGE and the event portal will be provided at a later time.

July 4th. The A-share listed company, China Minmetals Corporation, officially announced on its public account that recently, it was discovered that illegal activities were being carried out using the name of China Minmetals and its subsidiaries to conduct activities and sell products. As a result, China Minmetals has verified the relevant situation and found that its subsidiaries do not include the Minmetals North Marketing Center or the Minmetals New Energy Industry Group. China Minmetals has no affiliation with the "leaders" of the aforementioned entities. China Minmetals and its subsidiaries have never directly conducted international gold or Bitcoin wealth management business through web pages or WeChat public accounts.

On July 4th, the analyst Adam of GreekLive released the daily market brief, indicating that the overall market sentiment is neutral with a cautious tendency. Traders generally hold the view that the current market is in a narrow range consolidation stage, and there is a clear downtrend in IV. The community has reached a consensus that the performance of the positive vega strategy is not good. In the current low-volatility environment, the negative vega strategy has higher cost-effectiveness. The positive Vega strategy refers to traders constructing an options portfolio to have an overall positive Vega in order to profit from the increase in implied volatility. The negative vega strategy is the opposite.