Fogo Launches Public Testnet of High-Speed Layer1 SVM Chain, Supporting On-chain Transactions

On July 23rd, the European fintech company TRACTIAL (formerly known as BD Multimedia) has accomplished an additional allocation of 9.77 bitcoins. As a result, its total holdings have reached 25.03 bitcoins. The average cost per unit is 88,724 euros (approximately 104,286 US dollars).

July 23rd. As per official announcements, Binance Alpha is set to list the Lnfi Network (LN) on July 25th. Qualified users can access the Alpha activity page once Alpha trading commences and claim the airdrop by using Alpha Points. Further details will be disclosed separately.

On July 23rd, Ping An Securities released a stablecoin report indicating that Hong Kong may establish a dual-track regulatory framework of "USD Stablecoins Connecting to the International Market + HKD Stablecoins Connecting to the Mainland." This not only reinforces the financial attributes of the Hong Kong Dollar but also offers an "experimental field" for the internationalization of the RMB. Hong Kong's definition of stablecoins is relatively extensive and not limited to a specific type of fiat-backed stablecoin. With the rapid development of the Hong Kong stablecoin market, it is expected that the market share of non-USD stablecoins will gradually increase, potentially driving the establishment of a unified international regulatory system in the future. Furthermore, the Ping An Securities report also mentioned that Hong Kong's regulatory scope for regulated stablecoin activities encompasses not only activities of issuing designated stablecoins in Hong Kong but also activities of is

On July 23rd, according to official information, the Ethereum L2 network Taiko has accomplished integration with Dune. Now, the on-chain data of Taiko can be viewed in real-time on Dune. Through this integration, the data of the Taiko network will be presented to developers and the community in a more transparent, open, and convenient manner.

On July 23rd, the Australian-listed cryptocurrency asset management company DigitalX (ASX: DCC, OTCQB: DGGXF) announced that it has boosted its holdings by 74.7 bitcoins. The company's overall bitcoin holdings have now reached 499.8 bitcoins, with a total value of approximately $91.3 million based on current prices.

On July 23rd, as per Cointelegraph, Arthur Hayes, the co-founder of BitMEX, declared that by the end of this year, Bitcoin will reach $250,000 and Ethereum will reach $10,000. He further mentioned that Trump's wartime economic policies have caused a credit expansion to flow into cryptocurrencies, with stablecoin issuers purchasing Treasury bonds to offset government deficits. It is worth noting that on May 30th of this year, Arthur Hayes believed that Ethereum could rise to $5,000 this year. On July 3rd, Arthur Hayes wrote, "From now until Jerome Powell delivers a speech at the Jackson Hole Fed meeting in August, the market will consolidate at a slightly lower level. If it is proven that the TGA refill is detrimental to USD liquidity, the downside is between $90,000 and $95,000. If the refill is proven to be inconsequential, Bitcoin will remain around $100,000 and will not exceed the historical high of $112,000."