Odaily News Bitget market data shows that MYX (MYX Finance) rose briefly to 0.14 USDT and is currently trading at 0.1297 USDT, with a 24-hour increase of 96.22%.

Odaily News Recently, digital currencies represented by stablecoins have received widespread attention from the market. Monitoring has found that some illegal institutions use "financial innovation" and "digital assets" as gimmicks, take advantage of the public's lack of understanding of stablecoins, etc., and absorb funds by issuing so-called "virtual currency", "virtual assets", "digital assets", etc., induce the public to participate in trading speculation, disrupt the economic and financial order, and breed illegal fundraising, gambling, fraud, pyramid schemes, money laundering and other illegal and criminal activities, seriously endangering the property safety of the public. The Shenzhen Municipal Task Force Office for Preventing and Combating Illegal Financial Activities reminds you: Such illegal institutions do not have the qualifications to publicly absorb public deposits without the permission of the national financial management department in accordance with the law or in violation of national financial management regulations. Such institutions use new concepts such as stablecoins to speculate, fabricate so-called "virtual currency", "virtual assets", "digital assets" and other investment projects, publicly falsely advertise and absorb public funds, and breed illegal fundraising, gambling, fraud, pyramid schemes, money laundering and other illegal and criminal activities. (Jinshi)

1. 特朗普：将于美东时间周一中午 12 点发出关税信函； 2. OKX Star：仅 1%左右用户会收到资金来源或工作居住信息问询，目的是确保平台不被滥用； 3. Robinhood 发言人：通过某 SPV 间接持股 OpenAI，OpenAI 代币价格与该 SPV 持有的股份价值挂钩； 4.香港虚拟资产 OTC 交易托管服务拟由证监会而非海关负责主要监管； 5. Babylon：将于 2025 年 Q3 上线比特币多质押测试网； 6. Polymarket 上预测“WLFI 上线首日后 FDV 超 130 亿美元”的概率达 56%，一轮公募的回报率或高达 867%； 7.交易员 Eugene：押注本周市场将出现突破，已重新做多 ETH，ETH 是当前最清晰的押注对象； 8.币安将调整部分资产抵押率； 9.比特币现货 ETF 上周净流入 7.70 亿美元，持续四周净流入； 10.记者：美国众议院筹款委员会关于“数字资产税收政策框架”的听证会将延期举行。

Odaily News According to the official announcement, Binance will adjust the mortgage rates of some assets under the PortfolioMargin model in batches at 06:00 (UTC) on July 8, 2025 and 06:00 (UTC) on July 11, 2025. The adjustment on July 8 involves 6 assets including VIRTUAL and ONDO, and the adjustment on July 11 involves 6 assets including THETA and DYDX. For details of the specific adjustment ratio, please refer to the announcement. (This newsletter is generated by AI)

Odaily News Trader Eugene posted in his community: "I'm betting that the market will break out this week, and the main target I chose after careful consideration is ETH. Although I vowed not to touch it again in late 2024 and early 2025, I now realize that ETH's position structure and market tailwinds have changed significantly. The main logic is summarized as follows: 1. Structural positions are extremely light: In April 2025, ETH suffered a severe market blow, falling from $4,000 to $1,300, and the ETH/BTC exchange rate also hit a multi-year low of 0.018. The plunge was accompanied by a full-scale capitulation sell-off by traders and early whales. Since then, ETH has been traded in a significantly different way than in the past two years. Nowadays, except for developers, almost no one regards ETH as a core position, and most traders even refuse to touch it. Because of this, from the structural perspective of the high time frame (HTF), the current lightness of ETH's position is almost the lowest in three years. 2. ETH Will become the stablecoin and infrastructure main chain that institutions and traditional finance bet on: Although this statement has been mentioned frequently recently, I was skeptical at first, but if we look objectively at the regulatory progress that the United States has actively promoted recently, it is not difficult to speculate that institutions will sooner or later find new configuration directions outside of BTC. ETH currently hosts more than 90% of stablecoins, and this dominance is likely to continue. Considering the higher risks faced by other L1s, there is almost no commercial reason to switch tracks. In addition, traditional financial representatives such as Tom Lee have also begun to express their recognition of ETH, and the US Stablecoin Act is being passed, ETH is gradually gaining support from the perspective of "legal and compliant" institutions. 3. ETH prices have a lot of room for catch-up: Although this point itself may not be decisive, once the market starts momentum, the "lag" of ETH prices compared to BTC can easily become a point of communication. Buyers of traditional finance often have "information lags", which means that the narrative of "it's not too late to buy ETH now" may become popular. If ETH returns to its historical high (about 85% increase), ETH/BTC will only return to the level of 0.044 in September 2024. Even if ETH/BTC If BTC breaks through $110,000, the bull market will most likely restart, and ETH usually does not lag behind during this period. ETH's usual weak phase often occurs when BTC is sideways or falling. After careful consideration, I firmly believe that ETH is a clear bet from a medium-term structural perspective, and I have built a position accordingly. "

Odaily News According to the monitoring of on-chain data analyst @ai_9684xtpa, Polymarket predicts that the probability of "FDV exceeding US$13 billion after the first day of WLFI's launch" is 56%. In terms of institutional costs, a total of 5 institutions (Tron DAO / Web3Port / Oddiyana Ventures / DWF Labs / Aqua1 Fund) participated in the strategic round of financing, investing at least US$210 million; among the institutions with known costs, DWF Labs's cost is twice that of Web3Port. In terms of public offering round costs, two rounds of public fundraising raised a total of US$550 million: the first round raised 300 million yuan at a cost of US$0.015, the lowest of the currently disclosed costs; the second round raised US$250 million, with the cost increased to US$0.05, which is the same as the book cost of Web3Port and much lower than the cost of DWF. If the FDV on the first day is really US$13 billion, the return rate of the first round of public offering will be as high as 867%, and the second round will also be 260%. In addition, there is another uncertain factor, which is the "TGE unlocking ratio", which needs to wait for the transferable proposal to be passed before it can be further clarified.