Analyst: Bitcoin Could Temporarily Dip to $115,000 to Test Support Level

On July 23rd, based on market information, 21Shares has submitted the S-1 application document for the ONDO ETF to the US SEC.

On July 23rd, based on market information, the U.S. Securities and Exchange Commission (SEC) has given the green light to the conversion of the Bitwise 10 Crypto Index Fund into an ETF. This ETF covers assets such as BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, and DOT.

On July 23rd, as per CoinDesk, a source disclosed that the crypto prediction market Polymarket is in the process of deciding whether to launch its own custom stablecoin or enter into a revenue-sharing agreement with Circle based on the quantity of USDC held on the platform. This source further mentioned that the motivation for Polymarket to create its own stablecoin is solely to establish a revenue reserve. A representative of Polymarket stated that no decision has been reached regarding the stablecoin matter at this present time.

On July 23rd, based on HTX market data, Bitcoin exceeded $120,000, witnessing a 24-hour price increase of 2.40%.

On July 23rd, U.S. President Trump stated on social media: "The Philippine President Ferdinand Marcos and his numerous representatives have just left the White House. It was an excellent visit, and we have reached a trade agreement. The Philippines will open its market to the U.S. with zero tariffs. However, it should be noted that the Philippines will also pay a 19% tariff. Additionally, we will collaborate on the military front. I am honored to be with this president. He is highly regarded in his country and deserves that. He is also an extremely excellent and tough negotiator." (Golden Finance)

On July 23rd, according to market news: The space exploration company SpaceX has cautioned investors that CEO Musk may re-enter US politics. (Xinhua Finance)