Odaily News According to the monitoring of on-chain analyst AI Aunt, the address of Arthapala, a suspected staking and verification service provider, has recharged 5,850 ETH worth $14.73 million to major exchanges in the past 5 hours. 6.27 So far, the entity has transferred a total of 54,179 ETH to exchanges, with a total value of up to $135 million, and an average recharge price of $2,491.25.

Odaily News Hong Kong Financial Secretary Paul Chan Mo-po published an essay titled "Exploring New Markets and Developing New Fields to Promote Development with Increment", which pointed out that the market is generally optimistic about the performance of the Hong Kong stock and new stock markets in the second half of the year. Exchange Traded Products (ETP) linked to different types of assets have become a new force in supporting the liquidity of Hong Kong stocks in recent years. Currently, there are more than 210 ETP products listed in Hong Kong, and the anchored assets include stocks, fixed income products, commodities, currencies and even digital assets. In March this year, Hong Kong welcomed the first batch of leveraged and inverse products (Leveraged & Inverse Products) of individual stocks in Asia, including tracking popular US stocks such as Nvidia, Tesla, Coinbase and MicroStrategy. Its structure focuses on the changes in the daily trend of leverage. These products not only enrich the market ecology, but also provide more short-term trading and hedging tools.

Odaily News The popularity of virtual asset trading has spread from Hong Kong stocks to A-shares. Recently, many listed companies in Shanghai and Shenzhen have been frequently asked on interactive platforms whether they have deployed stablecoin business. Industry insiders believe that the opening of policies, the surge in efficiency and strategic positioning have jointly driven the market's optimism about the stablecoin business. In particular, the Hong Kong "Stablecoin Ordinance", which will officially take effect on August 1, is the world's first comprehensive regulatory framework for legal currency stablecoins. (21st Century Business Herald)

Odaily News According to official news, LBank has launched the america party (AMERICA) at 16:40 (SGT) on July 6, and opened the AMERICA/USDT trading pair. After the launch, AMERICA has increased by more than 160% and is now trading at 0.009737 USDT.

Odaily News Musk has announced the establishment of the "American Party". Related topics once topped Baidu's hot searches, but analysts believe that even for someone like Musk who has huge wealth and influence, and has demonstrated unquestionable mobilization capabilities on the Internet and whose followers are loyal, high-profile and influential, the "third party" obstacles are still deeply rooted. Public reports show that historically, it has been difficult for the "third party" in the United States to achieve political success. American businessman Ross Perot won nearly 19% of the popular vote in the 1992 election, but failed to win a single electoral vote. Ralph Nader was labeled a "spoiler" in the 2000 election. Recently, the "Forward Party" founded by Chinese-American entrepreneur and former presidential candidate Andrew Yang has gained attention but has had difficulty gaining traction. (Securities China)

Odaily News Arkham posted on the X platform that the ancient whale that had previously transferred more than 80,000 BTC may have migrated these bitcoins from the original old wallet to the native segregated witness address, that is, the address starting with "1-" was transferred to the address starting with "bc1q-". It is said that the native segregated witness address is more secure and has lower fees. So far, there is no sign that the ancient whale is selling its bitcoins. (Cointelegraph)