Vanadi Coffee has once again increased its Bitcoin holdings by 2 coins, bringing its total holdings to 76 coins.

On July 24th, as per Bloomberg, Paolo Ardoino, the CEO of Tether, mentioned that Tether's U.S. domestic strategy aims to offer efficient stablecoin solutions for payments, interbank settlements, and trading. Tether has no interest in becoming a public company and will continue to center on emerging markets where it might possess an advantage over its rivals.

July 24th. As per TheBlock, the Ninth Circuit Court of Appeals has handed down a mixed decision in the protracted case between the issuer of Bored Ape, Yuga Labs, and artist Ryder Ripps. Ryder Ripps had previously willfully sold a replica of the NFT as "expressive appropriation art". The court determined that NFTs are a "good" that is eligible for trademark protection and rejected a large number of Ripps' legal contentions. However, it overturned the previous $8 million judgment against Ripps. The case has been sent back to a lower court for further legal proceedings, obligating the lower court to reassess the matter of whether RR/BAYC has caused consumer confusion. The case commenced in June 2022 when Yuga Labs accused Ripps of devaluing its brand by releasing the RR/BAYC NFT series. The court rejected Ripps' defenses regarding "expressive art" and First Amendment protection but held that more evidence is required to demonstrate the potential for consumer confusion.

On July 24th, as per Reuters, FTX declared that for the holders of approved Class 5 Customer Equity Claims and Class 6 General Unsecured Claims (as defined in the Plan), as well as those holding Convenience Claims that were approved since the previous record date but have not yet been allocated, the anticipated record date for the next distribution is August 15, 2025. The next distribution is expected to commence around September 30, 2025. This next distribution will be facilitated by FTX's distribution providers, namely BitGo, Kraken, and Payoneer. FTX also announced that it has received authorization from the bankruptcy court to reduce the disputed claims reserve by $1.9 billion. The reserve will decrease from $6.5 billion to $4.3 billion, and the released cash will be distributed to the allowed claim holders in the next distribution.

On July 24th, the token issuance platform LetsBONK within the Solana ecosystem announced that it will utilize 1% of the total revenue of the protocol to repurchase the top Meme tokens in the BONK ecosystem. Recently, all the data of LetsBONK has ranked first among the Solana ecosystem token issuance platforms. According to the Jupiter data dashboard, in the past 24 hours, LetsBONK ranks first with a 48.9% share in the Solana token issuance platform market share ranking, while Pump.Fun ranks second with 39.3%. According to Dune data, in the past 24 hours, LetsBONK has issued approximately 23,945 tokens, while Pump.fun has issued about 8,720. LetsBONK has 265 graduated tokens, compared to Pump.fun's 66.

On July 24th, based on market data, Tesla (TSLA.O) witnessed a 4.41% decline in after-hours trading, and the stock is currently trading at $317.74. Musk issued a warning regarding performance, stating that "with the disappearance of U.S. subsidies, Tesla (TSLA.O) may experience several quarters of poor performance." Tesla's revenue for Q2 2025 is $22.496 billion, compared to $25.5 billion in the same period last year, while the market had expected $22.826 billion. The gross margin for Q2 2025 is 17.2%, compared to 16.3% in Q1 and 18% in the same period last year.

On July 24th, Bo Hines, the Digital Asset Policy Advisor at the White House, stated in a post that the President's Digital Asset Working Group has completed its first crucial cryptocurrency policy report, which is scheduled to be publicly released on July 30th. This report is the outcome of several months of collaboration among the working group led by David Sacks, Bo Hines, and high-level officials from the Treasury Department, the Commerce Department, the SEC, the CFTC, and other agencies. Its purpose is to implement the executive order signed by President Trump in January to enhance America's leadership in the cryptocurrency field. The report is anticipated to include regulatory and legislative suggestions, but the specific details remain unclear. The original tasks of the working group involve formulating a federal digital asset framework covering stablecoins (for which relevant procedures have been initiated in Congress) and exploring the possibility of establishing a national di