Crypto Morning Post * Important information that can't be missed every day * July 178, 2025 1. The U.S. House of Representatives passed three pieces of cryptocurrency-related legislation: the CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance National Act. The most important thing here is the GENIUS Act, which involves the regulatory policies related to stablecoins, which must be anchored 1:1 behind the regulations, and companies with a scale of more than 50 billion must be subject to stricter audits, etc.; PS: After the passage of the stablecoin bill, there will be more liquidity in the market, #DeFi相关的玩法会更加丰富. 2. Fed's Daly said that two rate cuts this year is a reasonable expectation; Fed Governor Waller: The Fed should cut interest rates by 25 basis points at its July meeting; 3. #Yala @yalaorg Released tokenomics: the total supply is 1 billion, 3.4% of which will be allocated to airdrops; 4. #Plasma @PlasmaFDN Launch the $XPL public sale, and unveil the tokenomics, with a total supply of 10 billion, 10% of the public sale allocation, and XPL for non-US purchasers will be fully unlocked at the launch of the Plasma public mainnet beta; XPL for US purchasers is locked for 12 months and will be fully unlocked on July 28, 2026; 5. Spiko, a tokenized money market fund platform, closed a $22 million Series A funding round led by Index Ventures; 6. Cookie DAO @cookiedotfun, an AI-powered index platform project, announced that it will launch "Attention Capital Markets" on July 24; 7. BlackRock submits ETH staking documents, which is good for the staking track, $eigen $ldo $ethfi etc.; 8. SharpLink Gaming has just increased its holdings of 14,180 ETH (about $50.1 million) and has bought a total of 32,892 ETH (about $115 million) today. PS: According to SharpLink Gaming's prospectus supplements filed with the U.S. Securities and Exchange Commission (SEC), it may issue and sell shares of common stock from time to time for aggregate sales of up to $5 billion (net of sales agent commissions and related fees). 9. The Bitcoin Whale of the Satoshi era has just transferred the last 40,192 BTC (about $4.83 billion) to Galaxy Digital. In the past four days, a total of 80,201 BTC (about $9.6 billion) have been transferred to Galaxy Digital; 10. @Mable_Jiang released a new information flow-based coin issuance platform @trendsdotfun, which can issue coins directly according to X, compared with Bonk and pump, it is more silky and direct, and there are some innovative points, you can study, Trend is good; 11. #Brc20的升级版 #brc2.0 is coming soon, if you don't know what brc2.0 is, you can take a look at the X thread of @SkyAAmen, which is written in great detail; 12. The two days on the chain are relatively rich, the first two days around grok various P, ani up to 80M+ FDV, and then this morning the CPUTER on the chain is speedrun 10M+; 13. CEXs are mainly based on ETH, supplemented by US coins, #ALGO #HBAR #XRP #XLM and so on, all of which continue to rise; 14. #ETH While the over-the-counter funds continue to FOMO, the ecology of the market is also being fomo by retail investors, such as the #RPL #LDO of the staking track, etc., and the #crv #uni of the DEFI track are relatively good; The total market capitalization of cryptocurrencies exceeded $4 trillion and is now trading at $4.0031 trillion. OTC funds continue to FOMO, the last wave is BTC ETF that leads to OTC fund FOMO, this wave is ETH ETF OTC fund FOMO, guess who will be the next wave? At present, the coins that imitate the micro-strategy version are: $btc $eth $bnb $xrp $trx $sol $hype and so on, the strong are always strong, and they can be focused on; The high level of Bitcoin continues to adjust, ETH continues to exert force, the market has just begun, and it will be the turn of the copycat carnival after the market leader is finished, and it will be even more crazy at that time, so stay tuned; After the market comes, there will be no shortage of opportunities on the chain, so the focus is on returning to the chain, and doing a good job in position management with small and broad; 【Risk Warning】 Digital assets fluctuate greatly and the risk is extremely high, please participate cautiously, put an end to full studs, and refuse loan leverage;