ForesightNews

According to Foresight News, a report by Caixin reveals that sources indicate that the licensing for stablecoin issuers will not follow the method of applicants downloading forms and submitting written applications independently, but will be arranged in a manner similar to an invitation application system. "In practical operations, the Hong Kong Monetary Authority, which is responsible for regulating licensing, will communicate in advance with interested stablecoin license applicants to understand whether they meet the basic application qualifications. Only after obtaining basic recognition in the pre-communication will the Monetary Authority issue the application forms."

According to Foresight News, Sunil, the representative of FTX creditors, tweeted that the FTX Bahamas claims process may fall under the jurisdiction of UK/EU regulations and requires additional approval.

Foresight News reports that crypto trader James Wynn tweeted, "I missed the shorting opportunity, busy making money elsewhere. These new token issuances always end the same way. In my opinion, it should wait until the PUMP completely bottoms out before considering getting on board."

According to Foresight News and monitoring by Onchain Lens, AguilaTrades has closed its BTC (20x leverage) Long Position and opened a 15x leverage Short Position on ETH. At the same time, James Wynn has opened a 40x leverage Short Position on BTC.

According to Foresight News, Whale Alert has monitored that a whale/institution address starting with 0x968 has once again accumulated 19,550 ETH (69.8 million USD) through FalconX. Foresight News previously reported that this address has accumulated 103,141 ETH (approximately 324 million USD) through FalconX in the last 6 days.

According to Foresight News, Rick Wurster, CEO of Charles Schwab, stated that they will continue to expand their digital asset business, which will include spot trading of Bitcoin and Ethereum.

Foresight News reported that US President Trump stated that the United States is thriving, with a very low inflation rate, and we should aim for an interest rate level of 1%, saving one trillion dollars in interest costs each year.

Foresight News reports that Trump's second son Eric Trump has once again retweeted his post from February of this year, which has the Bitcoin symbol "Buy the Dips" on X.

Foresight News reports that Tom, the founder of Letsbonk.fun, tweeted that PVP behavior is very bad and is researching potential improvement methods. If there are tokens on the rise, join in collectively to push it higher, which will be more effective. Concentrating all liquidity in one place and focusing all attention and awareness is the way to achieve large-cap market capitalization. Of course, PVP behavior might push the market capitalization to 2 million dollars or other positions, but it's actually quite easy for a mid-cap token's market capitalization to surge to 10 million dollars. Liquidity itself is rotational and phased, and this situation is slowly improving as we gradually introduce projects with non-Trench market capitalizations.

Foresight News reports that the ETH/BTC Exchange Rate has突破 0.03, rising 69% from 0.01767 on April 22.

According to Foresight News, the encryption wallet application MetaMask has partnered with theMiracle to add a feature for claiming unclaimed Airdrops. Users can view the unclaimed Airdrops and directly claim them on the Dashboard page.

Foresight News reports that Plasma has announced the public sale of XPL has begun, and the sale will continue until 9:00 AM Eastern Time on July 28. User quotas will be reserved throughout the sale period.

According to Foresight News, BitMine announced that its holdings of ETH and ETH equivalents have exceeded $1 billion. The company completed a $250 million private sale on July 8 to further advance its light asset funding strategy. As of 3:45 AM Eastern Time on July 17, the company holds a total of 300,657 ETH, priced at $3,461.89 each.

The tokenization money market fund platform Spiko has completed a $22 million Series A financing, with investors including Index Ventures and several well-known angel investors. The platform focuses on providing low-risk asset investment services for European companies, has processed over $900 million in liquid funds, and plans to reach a management scale of $1 billion by 2025.