Crypto Morning Brief: Bitcoin hits new highs; major token unlocks for TRUMP, ARB and others this week
TechFlow Selected TechFlow Selected
Crypto Morning Brief: Bitcoin hits new highs; major token unlocks for TRUMP, ARB and others this week
Trump has sent tariff letters to 24 trading partners in four batches.
Navigating Web3 tides with focused insightsAuthor: TechFlow
Yesterday's Market Dynamics
Trump has sent tariff letters to 24 trading partners in four batches
According to Jinshi Data, Trump has sent tariff notices to 24 trading partners across four batches:
-
July 7 – First batch of 14 countries: Japan (25%), South Korea (25%), South Africa (30%), Kazakhstan (25%), Laos (40%), Malaysia (25%), Myanmar (40%), Tunisia (25%), Bosnia and Herzegovina (30%), Indonesia (32%), Bangladesh (35%), Serbia (35%), Cambodia (36%), Thailand (36%).
-
July 9 – Second batch of 8 countries: Brazil (50%), Philippines (20%), Brunei (25%), Moldova (25%), Algeria (30%), Iraq (30%), Sri Lanka (30%), Libya (30%).
-
July 10 – Third batch of 1 country: Canada (35%).
-
July 12 – Fourth batch of 2 countries/regions: Mexico (30%), European Union (30%).
Head of U.S. financial agency responds to Powell resignation rumors: Encourages Powell to consider stepping down
Pulte, Director of the Federal Housing Finance Agency, commented on reports that Fed Chair Jerome Powell is considering resignation, stating, "Reports indicating Jerome Powell is contemplating resignation are encouraging to me. I believe it would be the right decision for America, and our economy will thrive as a result." Analyst Adam Button responded, "This is a strange statement, because it references reports about Powell considering resignation—but I can't find any such reports. Even more puzzling is that Pulte has long been posting on social media calling for Powell’s resignation, even previewing this announcement in advance—despite citing non-existent 'reports' in the statement itself. His true intent remains unclear, but notably, financial markets appear completely unresponsive."
Musk again urges Trump to release Epstein files as promised
Musk took to X once again urging Trump to release the Epstein files as previously promised. Musk noted that Trump repeatedly mentioned Epstein six times in a Truth Social post, while simultaneously telling people to stop talking about it. "Trump just needs to release the documents as promised," Musk said. "This is extremely important. Thousands of children were abused, yet not a single abuser has been charged." On July 9, Musk had questioned how anyone could trust Trump if he fails to disclose the Epstein files. On June 6, Musk claimed it was time to drop the real bombshell: Trump appears in the Epstein documents—which is precisely why these files remain sealed. Later, in an effort to mend relations with Trump, Musk deleted those related posts.
Bitcoin mining difficulty increases by 7.96% to 126.27 T
Data from CloverPool (formerly BTC.com) shows that Bitcoin mining difficulty adjusted upward by 7.96% to 126.27 T at block height 905,184 yesterday. The current network average hashrate over the past seven days stands at 910.14 EH/s.
Pump.fun token sale ends, raising $500 million in approximately 12 minutes
According to pump.fun's official website, the Pump.fun token sale has concluded, successfully raising $500 million in just 12 minutes. A total of 189 addresses contributed the maximum public sale amount of $1 million each during the on-chain public offering.
Linea project lead confirms upcoming announcement will relate to TGE
Declan Fox, project lead for Linea, announced on social media that they are ready to deliver on the LINEA plan unveiled in Bangkok and will release detailed information later this month. When community members asked whether the announcement relates to a Token Generation Event (TGE), Fox confirmed, "Yes."
Insider: Crypto infrastructure firm Zerohash nearing $100 million funding round
According to Fortune, cryptocurrency and stablecoin infrastructure provider Zerohash is close to finalizing a funding round of approximately $100 million, valuing the company near $1 billion. Sources indicate that online brokerage Interactive Brokers is leading the round.
Founded in 2017, Zerohash provides backend infrastructure for cryptocurrencies and digital assets to financial institutions and has recently been active in the stablecoin space. The company has partnered with Stripe to help clients convert between cash and stablecoins and collaborated with Securitize to support traditional finance giants like BlackRock and Franklin Templeton in entering the tokenized asset market.
CZ comments on Buffett refusing to invest in BTC: No one gets everything right
Binance co-founder CZ commented on X regarding Warren Buffett’s refusal to invest in BTC, saying: "Nobody is correct about everything."
In 2014, when Bitcoin was priced around $600, Buffett declined to invest. Since then, Bitcoin has surged by 19,400%, repeatedly hitting new highs.
Michael Saylor shares Bitcoin Tracker update, possibly signaling another BTC增持by Strategy
Strategy CEO Michael Saylor shared updated information on the Bitcoin Tracker, commenting: "Sometimes you don’t just HODL."
Based on past patterns, Strategy typically discloses new Bitcoin purchases the day after such messages are posted.
SharpLinkGaming增持16,374 ETH 7 hours ago, total holdings reach 270,000 ETH
On-chain analyst Yujin reported that SharpLinkGaming增持16,374 ETH (~$48.85 million) 7 hours ago, bringing its total ETH holdings to 270,000. Since early June, SharpLink Gaming has adopted a strategy similar to MicroStrategy’s model to accumulate ETH, purchasing an average of ~$2,667 per ETH, currently sitting on unrealized gains of $81.8 million.
This week sees major token unlocks for TRUMP, ZRO, ARB, and others
According to Token Unlocks data, several tokens including FTN, ZRO, and ARB will undergo large one-time unlocks this week, collectively releasing over $100 million worth of tokens:
- Official Trump (TRUMP): Unlocks ~90 million tokens (~$878 million) on July 18 at 8:00 AM UTC, representing 45% of circulating supply.
- Fasttoken (FTN): Unlocks 20 million tokens (~$89.8 million) on July 18 at 8:00 AM UTC, or 4.64% of circulating supply.
- LayerZero (ZRO): Unlocks 25.71 million tokens (~$55.53 million) on July 20 at 7:00 AM UTC, accounting for 23.13% of circulating supply.
- Arbitrum (ARB): Unlocks 92.65 million tokens (~$38.06 million) on July 16 at 9:00 PM UTC, or 1.87% of circulating supply.
- ApeCoin (APE): Unlocks 15.6 million tokens (~$10.35 million) on July 17 at 8:30 PM UTC, representing 1.95% of circulating supply.
Market Movements
Suggested Reading
This article reveals how transnational human trafficking operations in Southeast Asia exploit cryptocurrency escrow platforms for illegal transactions involving money laundering, gambling, and smuggling. Some platforms recruit victims under the guise of “overseas employment,” forming a complete criminal supply chain. Investigations show funds flow through centralized exchanges, causing serious contamination issues. Bitrace uses blockchain analysis to trace fund origins and flows, advocating for stronger self-regulation within the crypto industry and closer cooperation with law enforcement to combat such crimes.
Vitalik’s View on ‘AI 2027’: Will Superintelligent AI Destroy Humanity?
This piece explores the development and potential impact of superintelligent AI, particularly focusing on predictions outlined in the 'AI 2027' report. The report suggests human-level AI could emerge by 2027, potentially leading to either utopia or civilizational collapse. The article critically assesses the plausibility of this timeline and proposes various technological and policy measures—including bio-defense, cybersecurity, and information integrity—to mitigate risks associated with advanced AI systems.
The Overlooked Ethereum Meme Coins That Could Enable Wealth Freedom This Cycle
This article examines investment strategies in Ethereum-based meme coins, covering selection criteria, portfolio allocation, using DeFi protocols for leveraged spot trading, and exit strategies. The author emphasizes the high potential of Ethereum meme coins and shares a concrete execution plan.
Galaxy Digital Report: Stablecoins, DeFi, and Credit Creation
This article discusses how the convergence of stablecoins, DeFi, and traditional finance is reshaping global credit intermediation, driving adoption of stablecoins as savings vehicles, payment methods, and sources of above-market returns. By 2030, stablecoin AUM is projected to reach $1 trillion, significantly impacting monetary policy, financial stability, and the global financial architecture.
Crypto Venture Capital 2025: Emerging Trends Amid Fundraising Challenges
This article analyzes how crypto is ushering venture capital into a new era of public-private integration and higher liquidity, despite ongoing fundraising difficulties. It explores the current state of crypto VC, future trends, and the impacts of industry consolidation and tokenization.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
深潮TechFlow
