Odaily Planet Daily News According to official news, the Sparksat trading market Beta version is launched today. It currently supports FSPKS and SNOW tokens, and will support more tokens in the future. The market is in its early stages and may encounter some problems or instability. In order to avoid order delays caused by RPC or other transfer reasons, it is recommended that each order should not exceed US$1,000.

Odaily Planet Daily News DeFi asset management protocol Velvet Capital announced the completion of US$3.7 million in financing, with participation from YZi Labs, Blockchain Founders Fund, FunFair Ventures, Selini Capital, Mucker Capital, PAKA, LucidBlue, Mindfulness Capital, SkyVision Capital, Gate Labs, Poolz Ventures, NexGen, Cointelegraph Accelerator, Gains Associates, Rarestone, Echo, and DWF Ventures. It is reported that the funds will provide frictionless portfolio management and trading for funds, DAOs, and individual traders, while promoting their governance and utility tokens. (Cointelegraph)

According to Cointelegraph, Ethereum co-founder Joseph Lubin emphasized the importance of Ether (ETH) treasuries for the growth of the Ethereum ecosystem. In a recent interview with CNBC, Lubin highlighted the abundance of Ether in circulation but noted a lack of sufficient activity to utilize it effectively. He attributed this as a key reason for his involvement in establishing the Ethereum treasury company SharpLink Gaming, where he serves as chairman. Lubin described Ether treasuries as a promising business venture, crucial for balancing the supply-demand dynamics of Ether as more applications are developed. Lubin explained that SharpLink aims to present the Ethereum narrative in a manner that resonates with Wall Street, which he believes is focused on profitability. He expressed optimism about the future of both Bitcoin (BTC) and Ether, predicting their continued rise over the coming years and decades as the world increasingly embraces decentralization. Lubin noted that treasuries would foster interest and scarcity around these assets by accumulating them and maintaining a steady collection rate, stating, "We’re able to acquire tens of millions of dollars in Ether a day." He also remarked on the maturity of the ecosystem, asserting that it is now capable of supporting Web3, with Ethereum being scalable, affordable, and legally viable in the United States. Lubin further commented on the regulatory environment, suggesting that Ethereum's progress had been hindered by former U.S. Securities and Exchange Commission Chair Gary Gensler, who he claimed made it challenging to use or issue tokens and develop applications within the ecosystem. However, Lubin expressed optimism that these obstacles are now behind, following the appointment of Paul Atkins as the new SEC chair. Atkins recently stated that the SEC views tokenization as an innovation to be encouraged in the marketplace. Gensler's departure was met with relief in the crypto community, with some arguing that his tenure made the U.S. nearly untenable for blockchain companies. Despite this, mid-May reports indicated that Gensler privately supported crypto initiatives.

Odaily Planet Daily News Bitget announced a strategic partnership with the stock tokenization platform xStock, and launched six tokenized stock products, TSLAx, NVDAx, MSTRx, SPYx, CRCLx and AAPLx, through Bitget's on-chain transaction Onchain. This function realizes the integration of the traditional stock market and the crypto ecosystem, supports 7*24 hours of real-time trading and instant settlement, and breaks the trading time restrictions and entry barriers of the traditional stock market. Bitget's on-chain transaction (Onchain) was launched in 2025, aiming to seamlessly connect CEX and DEX.

Odaily Planet Daily News Binance Alpha launched RCADE (RCADE). Contract address (CA): 0x6f0037c79d144d5b8e3e6f04e49fbb5f25fd508f

The dominance of Bonk. fun against Pump. fun could kickstart Solana-based meme demand. source: https://ambcrypto.com/bonk-fun-flips-pump-fun-what-does-this-mean-for-the-solana-based-memes-demand/

Trump Media & Technology Group (TMTG) quietly lodged an S-1 with the US Securities and Exchange Commission late on July 8, seeking approval for the “Truth Social Crypto Blue Chip ETF. ” Despite a swirl of social-media posts placing the paperwork in early June, the SEC’s time-stamp confirms the filing date as July 8. The prospectus sketches a five-coin portfolio weighted approximately 70 percent to bitcoin, 15 percent to ether, 8 percent to solana, 5 percent to Cronos and 2 percent to XRP, making it the first Trump-branded product to diversify beyond the two largest digital assets source: https://www.newsbtc.com/xrp-news/xrp-makes-trump-unspoken-crypto-top-5/

Catenaa, Wednesday, July 09, 2025-Russian defense conglomerate Rostec has launched plans to introduce a ruble-pegged stablecoin, RUBx, on the Tron blockchain to bypass Western banking restrictions, according to a company announcement. The initiative, paired with its crypto-based RT-Pay platform, aims to enable digital transactions without relying on the global SWIFT network. RUBx is backed 1:1 […] source: https://investors.catenaa.com/news/rostec-unveils-tron-based-rubx-stablecoin-to-sidestep-western-sanctions

$499,701,564 XRP transfer stuns community, here's who may be behind it source: https://u.today/astronomical-500-million-xrp-changes-unknown-hands

South Korea has implemented stricter regulations regarding the taxation of cryptocurrency earnings generated from international sources, aiming to enhance oversight and compliance within the digital currency sector. This decision marks a significant shift in the country's approach to managing cryptocurrency transactions and ensuring that individuals and businesses report their overseas crypto income accurately, while also addressing potential issues related to tax evasion and the lack of transparency in cross-border financial activities associated with cryptocurrencies. source: https://voiceofcrypto.online/ampstories/web-stories/south-korea-tightens-crypto-tax-rules-for-overseas-income

Recommended readings tonight: 1. Bitwise: The rise of RWA tokenization. How do ordinary investors invest? 2. The crypto nativeness of stablecoins: Looking at stablecoins from the golden triangle. Who will be the ultimate winner? 3. RWA: An illusion of "reality"

Stablecoin, ArkStream Capital: In 2025Q2, the crypto market will usher in a structural turning point of "compliance narrative + real returns" Golden Finance, global stablecoin regulation implementation and potential opportunities.

ETH, Ethereum's new vision Golden Finance, Ethereum has been at a crossroads in the past few years.

Stablecoin giant Tether has stored a whopping $8 billion worth of gold in a private vault somewhere in Switzerland.

OpenAI has hired four senior engineers from Tesla, xAI, X, and Meta to strengthen its AI infrastructure team. This move highlights the fierce competition between major tech firms to secure top talent in the race to build advanced AI systems.

Tether plans to become the world’s largest Bitcoin miner by the end of 2025, investing billions in mining operations across Latin America. This move aims to protect its large Bitcoin holdings and strengthen the network amid new regulatory challenges.

New Zealand is tightening its grip on illicit financial flows with a sweeping crackdown on crypto ATMs and cross-border cash transfers, signaling a more aggressive stance in the global fight against money laundering and organized crime.

How will Tether respond to the GENIUS Act? Will it spin off and launch a local stablecoin?

Cryptocurrency speculation and tax evasion is not an act in the "gray area", nor is it a minor issue that can be ignored for a long time.

William Pesek wrote in a special commentary that China's electric vehicle and battery industries have never been more promising.