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Arthur Hayes: Ethereum End-of-Year Price Target $10,000, Bitcoin $250,000

12 hours ago

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."
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Publicly traded company U Power has entered into a strategic partnership with IoTeX to explore the realm of Real World Asset (RWA) tokenization.

On July 23rd, U Power Limited (with Nasdaq stock code: UCAR; hereinafter referred to as "U Power" or "the Company") - a provider concentrating on next-generation smart grid and intelligent transportation systems driven by AI solutions - announced today the signing of a Memorandum of Understanding and a Business Cooperation Agreement with IoTeX. IoTeX is a blockchain pioneer committed to transforming machine-generated data into AI collective intelligence. According to the terms of the strategic cooperation agreement: IoTeX will purchase Real World Assets (RWA) issued by U Power and backed by corporate bonds. This will enhance U Power's capital structure and support the continuous research and development of its UOTTA? electric vehicle battery swapping technology, facilitating U Power's expansion in Web 3.0 AI-driven energy and transportation system solutions. The two parties will also actively explore innovative solutions for tokenizing these RWA and integrate advanced AI technology

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Hyperion launches the native staking mechanism RION StakingⅠ and announces the official unveiling of RION Utility

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H100 Group Further Increases Holdings by 117.93 BTC, Bringing Total Holdings to 628.22 BTC

On July 23rd, the Swedish-listed company announced another increase in its holdings by 117.93 BTC, bringing the total holdings to 628.22 BTC.

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White House: U.S. to Lift Burdensome AI Development Regulations

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James Wynn's long position faces a new round of liquidation, resulting in a loss of over $300,000

On July 23rd, as per the monitoring of LookOnChain, James Wynn's long positions in Bitcoin and PEPE just underwent a new round of liquidation, resulting in a loss of more than $300,000. Even after depositing an additional $1.25 million into Hyperliquid, his balance has decreased to below $300,000.

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Vaulta (formerly EOS) has secured a $6 million investment commitment from WLFI to advance the development of the Web3 banking sector in the United States.

On July 23rd, according to official channels, WLFI has entered into a strategic partnership with Vaulta (formerly EOS). WLFI has committed to investing $6 million to boost the development of the Web3 banking industry in the United States. As part of this cooperation: Vaulta's native assets will be integrated into WLFI's macro strategic reserves; WLFI's USD1 stablecoin will be directly incorporated into Vaulta's Web3 banking infrastructure. The aim is to allow users to utilize the speed, security, and freedom of the decentralized financial system to manage, grow, and safeguard their wealth.

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