Russian company Rostec will launch the Ruble stablecoin RUBx and the payment platform RT-Pay.
July 4th: As per TASS, the core enterprise within the Russian military-industrial complex, Rostec, declared that it is set to launch a stablecoin named RUBx which is pegged at a 1:1 ratio to the ruble on the Tron blockchain, along with the RT-Pay payment platform. Rostec will act as the sole issuer and operator of RUBx and maintain its pegged value through a legally mandated "Ruble Actual Debt." The RT-Pay system will be directly linked to the Russian banking settlement network, facilitating real-time transfers for businesses and individuals as well as enabling smart contract fund locking.
The RUBx stablecoin and RT-Pay payment platform project code will be made available on GitHub and undergo a security audit by CertiK. Meanwhile, the Russian Central Bank is also conducting a pilot for the digital ruble, having recently permitted financial institutions to offer relevant products to qualified investors.
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Justin Sun Returns to Asia Weekly Cover After Fourteen Years, States Bitcoin Will Challenge US Dollar's Reserve Currency Status
On July 4th, Justin Sun once again appeared on the cover of "Asia Weekly" after fourteen years and granted it an exclusive interview. During the interview, Justin Sun claimed that Bitcoin has the potential to challenge the US dollar's status as the global reserve currency in the next decade. Core technologies in stablecoins and cross-border payments, the integration of AI and blockchain, and cross-chain interoperability will be widely promoted or adopted.
Before this, Justin Sun appeared on the cover of "Asia Weekly" in 2011 and attracted attention as a young entrepreneur and an early Bitcoin investor.
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Bitunix Analyst: Trump's Tariff Pressure Intensifies, Causing Cryptocurrency Market Volatility, Focus on Short-Term Support at 108,000 and Resistance at 110,348
July 4th: President Trump of the US stated that he will announce new tariffs on trading partners as early as Friday in order to intensify pressure before the negotiations on July 9th. This action indicates a potential new round of escalation in the US's global tariff policy. The market is worried about the further deterioration of global trade and its impact on economic prospects. The US dollar is fluctuating, and the safe-haven asset gold has shown short-term strength.
The Bitcoin price is currently in a state of consolidation around 108,849, restricted by the previous high pressure at 110,348, with a large number of short liquidation points concentrated in that area. Although the price has broken through the downtrend line, it is facing resistance in the pressure zone. If it falls below 108,000 in the short term, it will return to the area of supply and demand imbalance.
Bitunix analyst's recommendation: Currently, BTC is at a crucial turning point. If it remains above 108,000, it
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Survey: 73% of Cryptocurrency Investors Approve of Trump's Digital Asset Policy
July 4th. As per CryptoinAmerica, a poll conducted by research firm HarrisX reveals that cryptocurrency investors generally approve of the digital asset policy of the Trump administration. The survey indicates that investors are well informed about Trump's cryptocurrency policy: 81% of the respondents claimed to be familiar with it, and 73% expressed approval. This is the highest level of support among all the surveyed topics (including immigration, government spending, and "returning American values"). On cryptocurrency policy, Trump has a net approval rating of +56 percentage points, compared to +48 percentage points or lower on other key topics.
71% of the surveyed cryptocurrency investors state that Trump's policy has had a positive impact on cryptocurrency investments. This view is shared by nearly half of retail investors. 64% of cryptocurrency investors say that Trump's policy makes them more likely to purchase cryptocurrency, and this sentiment is echoed by 40% of traditional
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Data: Cryptocurrency Project Funding Hits $10.3 Billion Year-to-Date, Surpassing 2024 Full Year
July 4th. According to DLnews, the total financing amount for crypto projects in the first half of 2025 was approximately 10.3 billion US dollars, exceeding the 2024 full-year total of 9.6 billion US dollars. Among them, World Liberty Financial, which was supported by the Trump family, raised 3 billion US dollars in a token sale completed on January 20th (the day when Trump was sworn in as president), and it ranked third among all funded projects. World Liberty Financial is not owned by Trump or his family. However, Trump and his three sons, Eric, Don Jr., and Barron, actively promoted the development of the project and will obtain a portion of the profits.
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