📰 CoinEasy Newsletter - Thursday, July 10th Summary
✅ CZ's YZI Labs to Support BNB Treasury Company IPO
- YZI Labs, supported by CZ, collaborates with 10X Capital
- Aims to establish and IPO a BNB-based treasury management company
- Full-scale entry into the Web3 treasury investment market
✅ Bitcoin Maintains Overwhelming Dominance Amidst Altcoin Slump
- Bitcoin price continues to rise, nearing $110K
- Altcoins generally underperforming, concentrating capital inflow
- Accompanied by a rise in global stock markets
✅ Bitcoin Surpasses $112,000, Renewing All-Time High
- Buying spree surges on expectations of U.S. interest rate cuts
- Benefiting from the global trend of easing inflation
- Institutional-led demand drives price increases
✅ Thumzup Expands Treasury Beyond $BTC to Include $XRP, $SOL, $DOGE, etc.
- Gaining attention as a company associated with $Trump Jr.
- Adopts a crypto treasury diversification strategy
- Diversifying assets from a BTC-centric approach to multi-coin
✅ Justin Sun Pledges to Purchase $100,000,000 Worth of $Trump Meme Coins
- Ecosystem interest focused at the intersection of politics and meme coins
- Related tokens such as WIF and $TRUMP surge in the market
- Explosive community response after Sun's mention on Twitter
✅ SEC Commissioner Peirce: "Tokenized Securities Are Still Securities"
- Emphasizes that tokenization is not a means of evading regulation
- Warning remarks to DeFi and RWA projects
- Increasing compliance pressure on Web3 projects
✅ Kraken's Market Share Rises to 29%...Effect of New Product Launch
- New services and interface improvements are key factors
- Increased trading volume along with the expansion of global user inflow
- Growing with a differentiated strategy from existing exchanges
🔗 Source @TheBlock__
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