PANews reported on July 10 that according to CoinDesk, citing the Financial Times, European financial technology company Revolut is negotiating a $1 billion financing led by US investment company Greenoaks, with a valuation of $65 billion, a 44% increase from last year's secondary market transaction valuation. The financing will be completed through a combination of new share issuance and old share sales, and the final terms have not yet been determined. The company recently launched Bitcoin Lightning Network payment function for European users and continues to expand cryptocurrency services. CEO Nik Storonsky's compensation plan is linked to the company's valuation, and a huge bonus will be triggered if the valuation reaches $150 billion. Greenoaks has invested in technology companies such as Robinhood and Stripe.

PANews reported on July 10 that Justin Sun stated on the X platform that his team pledged to purchase $100 million worth of TRUMP tokens and called it the "Make America Great Again (MAGA) currency."

PANews reported on July 10 that Alon, the founder of Pump.fun, published an article on the X platform to disclose the future focus: 1. Improve the quality, sustainability and diversity of the tokens that have been launched: In the future, the creator revenue sharing mechanism will be extended to the CTO project, and the fee structure will also be further adjusted. 2. Double down on the "social" field: further invest and focus on the live broadcast function of Pump.fun. 3. Continue to invest in creating user experience. 4. Expand the team size: At present, the basic framework of the team has been initially built, with more than 70 core members covering engineering, data, security, trust and compliance, legal affairs, operations and growth. The team will continue to actively expand through recruitment and strategic acquisitions, and the first acquisition will be officially announced soon.

PANews reported on July 10 that according to market news, the U.S. Securities and Exchange Commission (SEC) confirmed that it had received an amendment to the Bitwise spot Bitcoin and Ethereum ETF regarding the physical redemption method.

PANews reported on July 10 that according to market news, the U.S. Securities and Exchange Commission (SEC) has postponed its approval decision on the physical redemption method of BlackRock's spot Ethereum ETF.

PANews reported on July 10 that Cyvers Alerts said on the X platform in the early morning that it had detected multiple suspicious transactions on ZKSpace. At the same time, its official X account had been frozen, and the affected funds were approximately US$4 million. Currently, approximately US$1.3 million of funds, including USDT and USDC, have been converted into ETH and deposited into Tornado Cash.

PANews reported on July 10 that according to the official website of the U.S. Securities and Exchange Commission (SEC), SEC Commissioner Hester Peirce issued a statement on the tokenization of securities, emphasizing that although blockchain technology has brought a new model for securities issuance and trading, tokenized securities still fall within the scope of securities and must comply with federal securities laws. Peirce pointed out that the tokenization of securities may be carried out directly by the issuer (such as a company tokenizing shares) or by a third-party custodian through the tokenization of its securities or "security rights". The latter may expose investors to unique counterparty risks. She reminded market participants to assess the legal nature of tokens based on the specific circumstances - they may constitute "security receipts" (themselves securities) or "security swaps" (retail investors are not allowed to trade over-the-counter). The SEC recommends that issuers of tokenized securities fulfill their information disclosure obligations and refer to the recent relevant guidance of the SEC's corporate finance department. For situations where technical characteristics require adjustments to current rules, the SEC expressed its willingness to work with the industry to develop exemptions and promote rule modernization.

PANews reported on July 10 that Donald Trump Jr. bought shares of a loss-making social media company that is building up Bitcoin reserves, which is the latest investment of the Trump family in the strategy of "cryptocurrency as a treasury asset". Los Angeles-based Thumzup Media said in a filing on Wednesday that Trump Jr. holds 350,000 shares of the company, which is worth more than $4 million based on yesterday's closing price of $12.36 per share. According to a person close to Trump Jr., Trump Jr. bought the company's shares on the advice of his investment advisor and has no other relationship with the company.

PANews reported on July 10 that according to Jinshi, "Federal Reserve mouthpiece" Nick Timiraos said that the Fed meeting minutes revealed something we already knew, and officials (on the interest rate path) were divided into three main camps: ① rate cuts within the year but excluding July (mainstream camp), ② no action for the whole year, and ③ advocating immediate action at the next meeting (the minutes showed that only "a few" participants supported it, implying that Fed Governors Waller and Bowman). The minutes also pointed out that "several participants said that the current target range for the federal funds rate may not be much higher than the neutral level." In other words, unless the economy slows down significantly, even if the interest rate cuts are restarted, the room for subsequent interest rate cuts will be very limited.

PANews reported on July 10 that according to Cailian Press, the minutes of the Fed's June meeting showed that policymakers believed that there was "considerable uncertainty" about the potential inflationary impact of tariffs in terms of timing, scale and duration. They do not have a unified answer to how much impact tariffs will have on inflation, depending on how tariffs are transmitted to the economy and the progress of trade negotiations. Since the June meeting, Federal Reserve Board members Christopher Waller and Michelle Bowman have raised the possibility of a rate cut this month based on mild inflation data. The minutes showed that a "few" officials expressed willingness to consider a rate cut at the July 29-30 meeting. Most officials believed that a "modest reduction" in the policy rate this year might be appropriate. However, most officials still insisted that the stable economic performance of the United States gave them room to be patient in adjusting interest rates. In the minutes, policymakers evaluated economic growth as "robust" and believed that the unemployment rate was low. "Participants believed that although the uncertainty of inflation and economic prospects has decreased, adjustments to monetary policy should still remain prudent." After the release of the meeting minutes, according to CME's "Fed Watch": the probability of the Fed keeping interest rates unchanged in July is 93.3%, and the probability of a 25 basis point rate cut is 6.7%. The probability of the Fed keeping interest rates unchanged in September is 31.1%, the probability of a cumulative 25 basis point rate cut is 64.4%, and the probability of a cumulative 50 basis point rate cut is 4.5%.

Odaily News The U.S. Securities and Exchange Commission (SEC) has delayed approval of the physical redemption method for BlackRock’s spot Ethereum ETF.

Odaily News The latest minutes of the Feds June meeting show that participants noted that if the imposition of tariffs leads to higher-than-expected inflation and lasts longer than expected, or if medium- or long-term inflation expectations rise significantly, then it would be appropriate to maintain a tighter monetary policy stance, especially if labor market conditions and economic activity are stable. However, if labor market conditions or economic activity weaken substantially, or if inflation continues to decline and inflation expectations remain well-anchored, then it would be appropriate to establish a less restrictive monetary policy stance. Participants noted that if high inflation is more persistent and the employment outlook weakens, the committee may face difficult trade-offs.

Odaily News On July 9, local time, US President Trump published letters on the social media platform Real Social to the leaders of eight countries regarding the imposition of tariffs, including: Brazil, the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka. Among them, Trump said that Brazil will be subject to a 50% tariff, Libya, Iraq, Algeria and Sri Lanka will be subject to a 30% tariff, Brunei and Moldova will be subject to a 25% tariff, and the Philippines will be subject to a 20% tariff. The new tariff will take effect from August 1. Trump has sent tariff letters to 22 countries.

Odaily News According to Cointelegraph, Justin Sun said they will commit to buying $100 million of TRUMP and called it the Make America Great Again (MAGA) currency.

Odaily News OKX market data showed that Bitcoin rose to 112,000 USDT, setting a new historical high.

Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why.

PANews reported on July 10 that the OKX market showed that BTC had just broken through $112,000 and is currently trading at $112,000.00 per coin, with a daily increase of 2.68%.

PANews reported on July 10 that the OKX market showed that BTC had just broken through $111,000 and is now trading at $111,010.80 per coin, with a daily increase of 1.77%.

Odaily News OKX market shows that BTC has broken through 111,000 USDT and is now at 111,018.3 USDT, a 24-hour increase of 2%. (This newsletter is generated by AI)

SEC commissioner Hester Peirce echoed former chair Gary Gensler in calling for market participants to “consider meeting with the Commission and its staff.”