BlockBeatNews

BlockBeats news, on July 9, BTCS Inc. (NASDAQ: BTCS), a company focused on blockchain technology, announced today that it has raised its financing target to $225 million to accelerate the company's accumulation strategy on Ethereum.

Matrixport COO Cynthia stated at the "Integration and Opportunities of Digital Assets and TradFi" event that the company's XAUm reserves have enhanced its ability to cope with cyclical fluctuations. RWA tokenization is key to financial integration, while promoting the on-chainization of assets such as gold through the Matrixdock platform provides new channels for investors.

BlockBeats news, on July 9th, according to market data, the stablecoin concept stock Jinyong Investment (01328.HK) fell 40%, and its market capitalization dropped below 2 billion HKD.

The New Zealand government has announced a complete ban on Crypto Assets ATMs and set the international cash transfer limit at $5,000 to strengthen reforms against Money Laundering and combat financing of crime.

BlockBeats news, on July 9, according to official news, the Tanssi Foundation announced that it has successfully completed the final round of strategic financing of 850,000 USD, led by the blockchain investment institution KR1, with participation from other important investors.

BlockBeats news, on July 9, according to official data, the top three coins by daily trading volume on Gate Alpha on July 8 were: TAG, BOOM, BR. Alpha has today listed MechaHitler (Mecha) and What’s your lore (Lore), and you can trade by entering the APP. The third points festival of Gate Alpha has begun, and participating in trading allows you to share a million rewards pool, while completing specified tasks can earn you $100 rewards.

According to BlockBeats news on July 9, based on the Jupiter data panel, in the market share rankings of Solana issue coin platforms over the past 24 hours, Letsbonk ranks first with 51%, while pump.fun ranks second with 36.4%.

According to BlockBeats news on July 9, reported by Digital Asset, the Korean National Tax Service stated that residents who receive virtual assets from overseas companies in the form of service remuneration must legally declare their comprehensive income tax. The Korean National Tax Service pointed out in its response this March that if the wage income has not been subject to withholding tax through the tax combination (i.e., pre-tax deduction), the taxpayer is obligated to self-declare the final comprehensive income tax.

According to BlockBeats news, on July 9, the stablecoin USDF from Falcon Finance briefly depegged to 0.9432 USD last night, but has now re-pegged to 0.9951 USD. Falcon Finance is supported by DWF Labs, and yesterday DWF Labs responded to the "brief depegging of the stablecoin USDF": the over-collateralization rate of reserves is 116%.

According to BlockBeats news, on July 9, Musk responded on X to the question "Should we ruthlessly sue the elite involved in the Epstein case?" saying, "100%". This morning, Musk stated, "If Trump doesn't release Epstein's files, how can people have confidence in him?" On June 6, Musk had said, "It's time to drop the real bombshell: Trump appears in Epstein's documents. This is the real reason these documents have not been made public." Afterward, in an effort to ease relations with Trump, Musk deleted the relevant explosive tweet.

BlockBeats news, on July 9, trader Eugene posted on his personal channel that "110,000 USD is still the ultimate resistance level for long positions, and a breakout direction is expected this week. The outcome is usually binary: if it breaks down, it will quickly go down to 100,000 USD; if it breaks up, I believe it will reach a new high of 120,000 USD and then enter consolidation. Either way, it will be an exciting week."

According to BlockBeats news on July 9, data from Farside Investors shows that the REX-Osprey SOL Spot ETF had a net inflow of $21 million yesterday, with a total net inflow of $41.2 million over the first four trading days since its listing.

According to BlockBeats, on July 9, Eigen Labs announced a layoff of about 25% (29 employees) and is shifting its business focus to EigenCloud. EigenCloud was launched last month and is a developer platform focused on off-chain and on-chain verification. a16z announced an investment of $70 million, bringing the company's total fundraising to $220 million, which includes $50 million from the Series A funding in 2023.

The three major U.S. stock indices had mixed performances, with the Dow down 0.37% and the Nasdaq slightly up 0.03%. Among the cryptocurrency concept stocks, MicroStrategy, MARA Holdings, and BTCS performed well, with BTCS rising 111.07%. Many companies are actively deploying investment and acquisition plans related to Ethereum.

SharpLink Gaming has accumulated over $500 million in Ether, currently holding a total value of $536.2 million in ETH, mostly staked on the Liquid Collective and Figment platforms.