1. The ancient Whale holding 80,000 BTC awakens. Will the market experience a big dump?

On July 14, BTC broke through 123,000 USD, reaching a new high. Taking advantage of the new high of Bitcoin, an ancient Whale who built a position in 2011 and once owned 80,000 BTC (with a cost price between 0.78 USD and 3.37 USD) has begun to transfer BTC to Galaxy Digital. As of the time of writing, their address still has 40,800 BTC remaining. Click to read.

2. A Renovation That Triggered Federal Reserve Turmoil

Federal Reserve Chairman Powell has requested the Federal Reserve Inspector General to review its $2.5 billion Federal Reserve headquarters renovation project — a project that has become a focal point of criticism from the Trump administration: White House Office of Management and Budget Director Vought wrote to Powell last week, expressing that Trump is "extremely concerned" about the cost overruns of the $2.5 billion project. Click to read.

3.Bitwise: Why Washington's "Crypto Week" is Significant for Cryptocurrency

This week, multiple bills supporting cryptocurrency are advancing in Washington, and the era of cryptocurrency will be completely transformed, which is a good thing. Want to know why BTC keeps breaking historical highs? Click to read.

4. Seven Years of Grievances: What Will the Trump "Palace Coup" Against Powell Bring?

Trump started to "bombard" Powell as early as during the election, and now he uses the controversy over renovations to "pressure" him. This seemingly absurd political drama is pushing global market sentiment to a critical point. Click to read.

5. GDP, Cotton and Acceptance Bills - On How the Hong Kong Dollar Stablecoin Can Break the Deadlock

Recently, when communicating with investors, I received the two most common questions: first, can the Hong Kong stablecoin bill rewrite the global stablecoin market pattern, and second, what measures might the authorities introduce in the future to promote this process? This article attempts to answer these questions and provide some policy ideas by reviewing the rise of the US dollar defeating the British pound from the late 19th century to the early 20th century, along with the successful experiences of the two largest stablecoins, USDT and USDC, and the current stablecoin landscape. Click to read.