Organized by: Jerry, ChainCatcher
Key News:
- Robinhood EU offers stock tokens of Open AI and Space X to EU users, deadline July 7
- Binance Wallet to launch exclusive TGE event for Palio AI (PAL) on July 7
- Binance Wallet to launch exclusive TGE event for BOOM on July 8
- U.S. Senate Banking Committee plans market structure hearing on July 9
- The Federal Reserve will release the minutes of the monetary policy meeting at 2 AM Beijing time on July 10
- FTX lawyer claims Three Arrows Capital's $1.5 billion claim is "unreasonable" and should be dismissed, with a response due by July 11
July 7 (Monday)
OKX will delist 12 spot trading pairs including X/USDT, BSV/BTC on July 7
According to the official announcement, OKX announced that it will delist trading pairs including X/USDT, BSV/BTC, BSV/USDT, BSV/USD, GOG/USDT, GOG/USD, DIA/USDT, DIA/USD, BONE/USDT, BONE/USD, OXT/USDT, OXT/USD on July 7, 2025, from 16:00 to 18:00 (UTC+8).
The exchange suspended the deposit functions for X, BSV, GOG, DIA, BONE, and OXT at 16:00 (UTC+8) on June 30, and withdrawal services will continue until 16:00 (UTC+8) on September 30. Users need to process related assets within the specified time, and unprocessed orders will be automatically handled by the system.
Robinhood EU offers stock tokens of Open AI and Space X to EU users, deadline July 7
Robinhood announced on the X platform that Robinhood EU has launched the world's first stock tokens for private companies, including tokens for OpenAI and SpaceX.
Eligible Robinhood European users can now claim these tokens in the app, with the claim deadline set for July 7.
Pantera Capital launches digital asset reserve fund for investors, applications due by July 7
According to official news, Pantera Capital has launched the DAT fund, providing investors with opportunities related to the "Digital Asset Treasury" (DAT).
Several new and existing limited partners (LPs) of Pantera funds have committed to participate in the Pantera DAT fund. It is expected to invest $100 million in various DAT projects. Given the current surge in project numbers and the timeliness of this investment window, users need to submit their investment intentions by the end of July 7 (Monday).
Binance Wallet to launch exclusive TGE event for Palio AI (PAL) on July 7
Binance Wallet will exclusively launch the Palio AI (PAL) token TGE from 16:00 to 18:00 on July 7, 2025. Eligible users need to use Binance Alpha points to participate in the subscription. Additionally, 40 million PAL tokens will be reserved for future events, with specific details to be announced later.
July 8 (Tuesday)
Binance Spot API will undergo an upgrade on July 8
According to the official announcement, to enhance the trading experience for spot API users, WebSockets Streams will be upgraded at 15:00 (Beijing time) on July 8, 2025. During the upgrade, existing and new connections may be disconnected earlier than the usual 24 hours. The upgrade process may take up to 2 hours.
Note:
Spot trading will not be affected during the upgrade.
API users' existing programs that rely on market data may experience issues after the upgrade.
U.S. asset management firm Calamos to launch three Bitcoin principal-protected ETFs on July 8
U.S. asset management firm Calamos Investments plans to launch three Bitcoin ETFs with downside protection on July 8 (local time), which are:
- 100% principal protection (CBOY): initial return cap of 9%-11%
- 90% principal protection (CBXY): initial return cap of 24%-28%
- 80% principal protection (CBTY): initial return cap of 43%-48%
This series of ETFs aims to provide exposure to Bitcoin while adjusting the return cap based on the level of protection, with an investment period of one year.
Binance Wallet to launch exclusive TGE event for BOOM on July 8
According to the official announcement, Binance Wallet has announced that the next TGE project will be BOOM (BOOM), with the event scheduled for July 8, 2025, from 16:00 to 18:00 (UTC + 8). Eligible users need to use Binance Alpha points to participate.
July 9 (Wednesday)
Trump: No intention to extend the 90-day tariff suspension for most countries beyond July 9
According to Jinshi reports, U.S. President Trump stated that he sees no need to extend the trade deadline of July 9, and countries must reach an agreement with the U.S. before this deadline to avoid higher tariffs.
In an interview with Fox News, he said, "I don't think an extension is necessary." He then added, "I could extend it, but it's no big deal." Previously, Trump had stated last Friday that the government could "do whatever it wants" with this deadline, including extending or shortening it.
On Friday, U.S. Treasury Secretary Mnuchin stated: "Some countries have proposed very good agreements to us, but it may not be possible to complete all negotiations before Trump's tariffs on specific countries take effect on April 2. If we can reach agreements with 10 to 12 of the 18 key trading partners—along with another 20 important trade relationships—then I think we can complete all trade negotiations before Labor Day (September 1) in the U.S."
U.S. Senate Banking Committee plans market structure hearing on July 9
According to crypto journalist Eleanor Terrett, the U.S. Senate Banking Committee plans to hold a full hearing on market structure issues at 22:00 Beijing time next Wednesday (July 9). Confirmed participants include: Ripple CEO Brad Garlinghouse, Blockchain Association CEO Kristin Smith, Chainalysis CEO Jonathan Levin, and Paradigm partner Dan Robinson.
July 10 (Thursday)
The Federal Reserve will release the minutes of the monetary policy meeting at 2 AM Beijing time on July 10
At 9 PM Beijing time on July 10, 2025, FOMC voting member and St. Louis Fed President Bullard will speak on the U.S. economy and monetary policy
Thai zoo to hold birthday party for hippo Moo Deng on July 10
According to Straitstimes, the adorable pygmy hippo Moo Deng at Khao Kheow Open Zoo in Thailand will celebrate her first birthday on July 10, with director Narongwit Chodchoy announcing that the "Moo Deng's First Birthday" festival will be held from July 10 to 13 at the hippo exhibition hall in Chonburi Province.
Telegram founder Pavel Durov approved to leave France starting July 10
Telegram CEO Pavel Durov has been authorized to leave France for up to 14 days starting July 10, but only to go to Dubai. All other terms of his judicial supervision remain unchanged.
July 11 (Friday)
FTX bankruptcy management lawyers recently objected to the $1.53 billion claim made by Three Arrows Capital (3AC), requesting the court to dismiss it in full.
The lawyer stated that 3AC's losses were due to market fluctuations and its own withdrawals, unrelated to FTX. In March of this year, the bankruptcy court approved 3AC's claim amount to be increased from $120 million to $1.53 billion. In November 2024, 3AC claimed that FTX sold $1.5 billion worth of assets two weeks before it initiated liquidation, citing new evidence. However, FTX's lawyers countered that the claim was based on unreasonable premises, inaccurate data, and disregard for facts.
FTX pointed out that after the collapse of Terra in June 2022, 3AC's account balance fell below $240 million, yet it did not replenish the margin and instead withdrew $18 million in ETH. FTX subsequently liquidated $820 million in assets to avoid a loss of $18 million when the account went bankrupt. 3AC must submit a response by July 11, with a hearing scheduled for August 12.
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