Key preview for next week

July 20

The winning result of Changxin Technology has been released, and investors must fulfill their payment obligations in time on July 20;

July 23

The European Central Bank will announce a new interest rate decision on July 23;

July 24

Worldcoin will adjust the WLD token economic model, and the daily unlocking scale will be reduced by 43% starting from July 24;

Others (specific time to be determined)

The U.S. Senate plans to consider the CLARITY Act next week, which requires the support of at least 7 Democratic senators

From July 20 to July 26, the details of more noteworthy events in the industry are as follows.

July 20

The winning result of Changxin Technology will be announced on July 20 (announced in advance), and investors must fulfill their payment obligations in a timely manner

Odaily Planet Daily News According to the announcement of Changxin Technology, the issuer and the joint lead underwriters will conduct an online lottery lottery ceremony for this issuance on the morning of July 17 (T+1), and will announce the winning results of the online lottery on the Shanghai Stock Exchange website on July 20 (T+2) (Note: It has been announced in advance). Changxin Technology reminds investors to focus on the payment aspect of this issuance and to perform their payment obligations in a timely manner on July 20 (T+2).

Offline investors should pay new share subscription funds in full and in a timely manner according to the "Announcement of Offline Preliminary Allotment Results and Online Winning Results" on July 20 (T+2), based on the final issuance price of 8.66 yuan/share and the number of allotments. The subscription funds should be received before 16:00 on July 20 (T+2). After winning the lottery when subscribing for new shares, online investors should perform their fund settlement obligations in accordance with the "Announcement of Offline Preliminary Allotment Results and Online Winning Results" to ensure that their capital accounts have sufficient new share subscription funds by the end of July 20 (T+2). Any insufficient amount will be deemed as abandonment of subscription. (Yicai)

Cango will consolidate shares at a ratio of 10:1 on July 20

Odaily Planet Daily News Bitcoin mining company Cango will merge its shares at a ratio of 10:1 on July 20.

Binance will launch SPCXUSD1 U-margined perpetual contract on July 20

Odaily Planet Daily News According to the official announcement, Binance Futures will launch the SPCXUSD1 U-based perpetual contract at 09:00 on July 20, 2026 (UTC). The trading pair is SPCXUSD1, the underlying asset is Space Exploration Technologies Corp. (NASDAQ: SPCX), the settlement asset is USD1, supports 25 times leverage, the minimum trading volume is 0.01SPCX, and the minimum notional value is 5 USD1, the funding rate is capped at +1.00%/-1.00%, and the settlement frequency is every 8 hours.

July 21

Zcash Ironwood upgrade mainnet activation is expected to be carried out on July 21

Odaily Planet Daily News Zcash developer Sean Bowe posted on the X platform that the Zcash Ironwood upgrade has made significant progress. All consensus rule changes have been implemented and are currently in the audit stage. Relevant specifications and ZIP files have been released and are nearing final status. The mainnet activation height will be announced soon and is expected to be activated around July 21. The official testnet activation is scheduled to take place tomorrow, and the Zebra client support version is expected to be released today.

Sean Bowe said that the timely and safe activation of Ironwood on the Zcash main network is crucial to users, and the team is simultaneously carrying out formal verification work to ensure that there are no supply integrity risks. The current computing power has fully demonstrated that it is technically ready. The main problem is that some wallets may not be able to complete the upgrade preparations in time. However, given that there will be sufficient alternatives and test network time, this is not enough to constitute a reason for postponement.

July 22

None yet

July 23

The European Central Bank will announce a new interest rate decision on July 23

Odaily Planet Daily News At 20:15 on July 23 (Thursday), Beijing time, the European Central Bank will announce an interest rate decision; at 20:45, European Central Bank President Lagarde will hold a monetary policy press conference.

Cap Season 2 Points Event Homestead will end on July 23rd

Odaily Planet Daily News Stablecoin project Cap has announced the details of the second season points event Homestead. This season will start on January 29 and end on July 23. Similar to the first season event Frontier, users can choose points or income: stcUSD will provide income in the form of cUSD, paid once a day; users who choose points can obtain points income by holding cUSD, Pendle cUSD YT and LP, Pendle stcUSD YT and LP, or providing stablecoin loans to stcUSD and Cap PT in the lending market.

July 24

Worldcoin will adjust the WLD token economic model, and the daily unlocking scale will be reduced by 43% starting from July 24

Odaily Planet Daily News Worldcoin will adjust the economics of WLD tokens. Starting from July 24, 2026, the overall daily unlocking volume of WLD tokens will drop from approximately 5.1 million to approximately 2.9 million, a decrease of 43%.

July 25

None yet

July 26

None yet

Others (specific time to be determined)

The U.S. Senate plans to consider the CLARITY Act next week, which requires the support of at least 7 Democratic senators

Odaily Planet Daily News The CLARITY Act, which provides a regulatory framework for the digital asset industry, is facing a critical legislative window. Bipartisan negotiations in the United States have still not reached agreement on key issues such as ethical rules for government officials and illegal finance. If the bill fails to move forward before the August recess, there will be little window of time before the midterm elections, potentially sending the legislative process back to where it started. Republican leadership is now aiming to move the measure through the full Senate the week of July 20, but support from at least seven Democratic senators will be needed to pass it.