according to Cointelegraph, after the prosecution and defense completed their closing arguments on Wednesday, the jury will decide the fate of Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash. Closing arguments are the final stage of a trial, where both the prosecution and defense summarize the case before the judge or jury, present their positions, and make a final effort to persuade the decision maker to rule in their favor.
payment service provider Due completed a $7.3 million seed round of financing, led by Speedinvest, with participation from Semantic Ventures, Fabric Ventures, Strobe Ventures, Polymorphic Capital, and others. Due is integrating local payment channels, liquidity markets, and blockchain networks into a unified infrastructure.
according to the on-chain analysis platform Lookonchain (@lookonchain), three new wallet addresses have accumulated a total purchase of 73,821 Ethereum in the past 8 hours, equivalent to approximately $283 million. In addition, since July 9th, a total of 11 new wallet addresses have purchased 722,152 Ethereum, with a total value of approximately $2.77 billion.
according to Decrypt, the two co-founders of the cryptocurrency mixing service Samourai Wallet, Keonne Rodriguez and William Lonergan Hill, admitted on Wednesday to conspiring to operate an unlicensed money transmitting business and face up to 5 years in prison.
Jean Boivin, head of research at BlackRock Investment Institute, released a weekly commentary, pointing out that recent US laws such as the "Genius Act" have solidified the position of stablecoins as the future digital payment method in the financial sector. BlackRock believes that Bitcoin is expected to become a tool for diversified investment returns and a unique risk and return driver, and sees stablecoins as a new component of the future financial system. BlackRock also added that the core investment reason for Bitcoin is the current wave of mainstreaming digital assets through regulatory frameworks and US government support, indicating that the adoption rate of digital assets will further increase.
according to Jinshi data citing Politico news, Trump plans to sign a new executive order on Thursday to impose higher tariffs on several countries that fail to reach a trade agreement before the Friday deadline.
Rajapakse, head of interest rate strategy at BNP Paribas in the United States: The possibility of a rate cut by the Federal Reserve in September still exists.
Federal Reserve will keep the benchmark interest rate unchanged at 4.25%-4.50%, in line with market expectations, and will stand pat for the fifth consecutive meeting.
according to official sources, Ether Machine (NASDAQ code: DYNX) Reserve Fund announced today that it has purchased nearly 15,000 ETH as part of its long-term holding strategy. Currently, a total of 334,757 ETH has been purchased, with up to $4.07 billion available for further ETH purchases.
Federal Reserve maintained interest rates unchanged on Wednesday, with a rare division in the decision-making process and no clear indication of when a rate cut might be possible. This decision was opposed by two directors appointed by Trump - Waller and Bowman, both of whom believe that the current monetary policy is too tight. This is the first time in over 30 years that two directors have voted against a decision. The FOMC voted 9-2 to keep the benchmark overnight interest rate in the 4.25%-4.50% range, maintaining the status quo for the fifth consecutive meeting. The Federal Reserve stated in its announcement: "The unemployment rate remains low, and the labor market conditions remain strong. Inflation remains slightly high." The statement also noted that economic growth "slowed somewhat" in the first half of the year, which could strengthen the case for a rate cut at a future meeting if this trend continues. However, the statement also emphasized that "uncertainty about the economic outlook remains high," and that both inflation and employment targets face risks. This wording reflects the Federal Reserve's reluctance to cut rates hastily before the path of inflation and employment becomes clearer.
there are currently more than ten types of eligible cryptocurrencies, which are in line with the mainstream cryptocurrencies with a probability of approval of over 85% as previously expected by the market. Regarding the specific approval time, Balchunas indicated that it may be in September or October this year.
Glassnode data shows that the supply ratio of long-term holders to short-term holders (LTH/STH) has decreased by 11% in the past 30 days, indicating funds continue to shift towards the circulating market. At the same time, the market share of open interest in Ethereum futures contracts has risen to nearly 40%, reaching the highest level since April 2023, indicating investor attention is shifting from Bitcoin to Ethereum. This data is at a historical top 5% level.
Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill have pleaded guilty in the US New York District Court to charges related to their cryptocurrency mixing service.
according to official sources, Binance Savings, One-Click Buy Coin, Flash Exchange Trading Platform, Leverage, and Contracts will launch Arena-Z (A2Z). Among them, Binance will launch A2Z 1-75x U perpetual contract on July 30, 2025 at 16:00 (GMT+8).
Nasdaq-listed company Fundamental Global Inc. announced the sale of 40 million common shares at a price of $5 per share, with expected total revenue of $200 million, which will be used to launch the company's Ethereum treasury strategy. Participants include Galaxy Digital, Kraken, Hivemind Capital, Syncracy Capital, Digital Currency Group (DCG), and Kenetic.