24H Hot Cryptocurrencies & News | Strategy has achieved a book profit of 93,191 Bitcoin this year; BNB hits a new all-time high (July 23)

1、CEX Hot Coins

CEX Top 10 Trading Volume & 24H Price Change:

BTC: 1.54%

ETH: -0.89%

SOL: 1.21%

XRP: -0.62%

DOGE: -1.33%

BNB: 3.96%

PENGU: 20.39%

SUI: -0.37%

ADA: -0.45%

PEPE: -2.02%

24H Top Gainers (Data Source: OKX):

SPK: 45.36%

J: 25.59%

PENGU: 20.15%

SLP: 16.22%

CVX: 9.51%

NC: 8.76%

LOOKS: 8.67%

SOPH: 8.29%

BANBNA: 7.91%

WLD: 7.87%

2. 24H Trending Coins

BNB: Hits All-Time High.

Headlines

Strategy Realizes 93,191 Bitcoin Paper Gains This Year, Worth $11.1 Billion

Michael Saylor, founder and CEO of Strategy, disclosed on X platform that MSTR has generated paper gains of 93,191 Bitcoin this year, worth approximately $11.1 billion. In just the first three weeks of July, the company realized paper gains of 5,668 Bitcoin, worth $676 million.

BNB Briefly Breaks $796, Reaches All-Time High

Market data shows BNB briefly broke $796, now at $796.7, with a 24-hour increase of 3.59%, reaching an all-time high.

Bitmine to Use Entire $177 Million Net Proceeds from ARK Invest Share Sale to Buy Ethereum

Bitmine announced it will use the entire net proceeds of approximately $177 million from its $182 million ARK Invest share sale to purchase Ethereum, to be deposited into the company's treasury. (Cointelegraph)

Binance: Users with at Least 238 Alpha Points Can Claim Phase 1 YALA Airdrop

According to an official announcement, Binance will list Yala (YALA), with trading starting at 20:00 on July 22, 2025 (UTC+8). Eligible Binance users can use Binance Alpha points to claim 200 YALA tokens airdrop within 24 hours after trading starts on the Alpha event page.

Industry News

21 Shares Files S-1 for ONDO ETF

Market sources report that 21 Shares has filed an S-1 application with the U.S. SEC for an ONDO ETF.

U.S. SEC Approves Conversion of Bitwise 10 Crypto Index Fund to ETF, Including ADA, SUI, LINK, etc.

Market sources report that the U.S. Securities and Exchange Commission (SEC) has approved the conversion of the Bitwise 10 Crypto Index Fund to an ETF, covering assets including BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, DOT.

U.S. FBI Ends Investigation into Kraken Founder, Returns Seized Equipment

Market sources report that the U.S. Federal Bureau of Investigation (FBI) has ended its investigation into the Kraken founder and returned seized equipment.

Project News

Letsbonk.fun: Early Access Registration for Mobile App Now Live

BONK's Meme launch platform Letsbonk.fun announced on X platform that early access registration for the mobile app is now live. Additionally, according to Jupiter's data panel, in the Solana token launch platform market share rankings for the past 24 hours, Letsbonk ranks first with 47.1%, while pump.fun ranks second with 44.4%.

Rumors: Polymarket Considering Issuing Its Own Stablecoin to Control Platform USDC Reserve Earnings

Insiders reveal that crypto prediction market platform Polymarket is evaluating the possibility of issuing its own stablecoin to control the earnings from high reserves backed by Circle's USDC. Currently, the platform has not made a final decision and is also considering a revenue-sharing agreement with Circle. Since the Polymarket ecosystem is closed, only requiring the exchange between USDC and its custom stablecoin, it avoids the compliance challenges of "deposits and withdrawals," making stablecoin issuance more feasible technically and regulatory-wise. With recent U.S. stablecoin-related legislation, issuing stablecoins has become a new profit point for crypto companies and traditional financial institutions. During last year's U.S. election, Polymarket saw betting volumes as high as $8 billion, with 15.9 million visits in May. The company is currently acquiring U.S. exchange QCEX to re-enter the U.S. market. Previously, Polymarket faced civil and criminal investigations for allowing U.S. users to bet, which have now been resolved.

Previous Shanghai Report on "Conflux and Global Mainstream Chains Establishing Cross-Chain Bridges" Becomes Inaccessible, CFX Drops 10%

On the "Shanghai One Net Office" official website, the previous report titled "Conflux Public Chain Joins World's First Tier and Establishes Cross-Chain Bridges with Global Mainstream Chains, Autonomous Controllable Blockchain 'Highway' Upgraded Again" is no longer accessible, with details unknown. The article title can still be found on the search page but cannot be accessed. OKX market data shows CFX dropped to 0.1715 USDT, with a nearly 10% decline in the past hour.

Circle Launches Circle Gateway, a New Infrastructure for USDC Cross-Chain Unified Balances

According to official news, Circle has released the Circle Gateway testnet, supporting Avalanche, Base, and Ethereum mainnet, providing users with cross-chain access to USDC in seconds. The mainnet version is coming soon and will continue to expand to more blockchains. Key highlights include: 1. <500ms Cross-Chain Access: No cross-chain bridge or pre-funded assets required, quickly access unified USDC balance;2. Efficient Liquidity Management: Meet multi-chain liquidity needs through a single integration, reducing capital occupancy;3. Non-Custodial Design: Users fully control USDC, funds can only be moved with signature authorization, withdrawals do not require trust in third parties.

Fogo Launches High-Performance Layer 1 SVM Chain Public Testnet with 40ms Block Time

Fogo, a Layer 1 blockchain created by former Wall Street executives, announced on Tuesday that its public testnet is officially live. Fogo aims to bring traditional financial execution speeds to decentralized finance without sacrificing decentralization and composability. The team stated that Fogo network achieves 40ms block times and offers unique advantages for on-chain trading products through native infrastructure and vertical integration. Other innovations include reduced MEV risk, a co-located node architecture for real-time transaction execution, and session-based account management for an improved user experience. Fogo plans to fully deploy the Firedancer validator client first, currently using the Frankendancer hybrid client, and will gradually transition to Firedancer. (The Block)

Sonic Opens Season 1 Airdrop Claims, Users Can Now Claim 25% Share

Sonic announced the official opening of Season 1 airdrop claims, with users now able to claim 25% of their allocation. The remaining 75% will be linearly released in NFT form and gradually opened through PaintSwap's order book. The official reminder states that this airdrop is based on the Sonic mainnet whitelist event and is unrelated to presales or TGE.

Yuga Labs Co-Founder Hints at Possible NFT Treasury Company

Yuga Labs co-founder Garga.eth (Greg Solano) posted on X platform, "The world isn't ready for NFT treasury companies, but they're on their way." Market interpretation suggests this may be inspired by listed companies' coin-hoarding strategies to establish an NFT treasury company.

Investments & Financing

AI Data Layer Startup Poseidon Completes $15 Million Seed Round Led by a16z

AI data layer startup Poseidon has completed a $15 million seed round led by a16z. Poseidon is built on Story Protocol and aims to unlock high-quality training data for "next-generation entity AI." Poseidon, incubated by the Story team, is dedicated to solving the challenge of accessing high-quality, usable, and legally authorized training data in the AI field. a16z Crypto founder Chris Dixon stated that Poseidon's decentralized data layer will establish a new economic foundation for the internet, incentivizing creators and suppliers to provide diverse data inputs for next-generation intelligent systems. The project will offer AI developers access to IP-secure, legally compliant training data through Story Protocol's programmable IP layer and immutable registry. (The Block)

Voices

Yi Lihua: Bull Market Rotation Law Activated, Major Coins Lead the Way

LD Capital founder Yi Lihua posted on social media that the current crypto market's "bull market rotation law" has been activated, with major coins like XRP, SOL, LTC, and UNI leading the rise. He noted that as long as the U.S. stock market doesn't face unexpected events, after the crypto bill is passed, Wall Street may see large-scale capital inflows. Yi also mentioned past attempts at swing trading, mostly buying high and selling low, resulting in "exhaustion and losses," stating that in a bull market, it's better to focus on investing in promising projects to outperform the market overall. Previously, he stated that the crypto market's rotation pattern typically starts with BTC and ETH, followed by mid-cap major coins, and finally altcoins.

Trump Announces Trade Deal with Japan: 15% Tariff & $550 Billion Investment in U.S.

U.S. President Trump announced that the U.S. has just reached a massive deal with Japan, possibly the largest ever. Under Trump's direction, Japan will invest $550 billion in the U.S., with the U.S. receiving 90% of the profits. The deal will create thousands of jobs—unprecedented. Most importantly, Japan will open its trade, including cars and trucks, rice and certain other agricultural products, and more. Japan will pay a 15% reciprocal tariff to the U.S. This is a very exciting time for the U.S., especially as it continues to maintain good relations with Japan. (Jin10)

SpaceX Warns Investors: Musk May Return to U.S. Politics

Media reports citing SpaceX documents and insiders suggest that Musk, previously a senior advisor to Trump, may return to U.S. politics. Documents indicate Musk may take a similar role as before and devote significant time and effort. The company included such "risk factors" in documents sent to investors discussing acquisition offers. Some say this is believed to be the first time such wording has appeared in these offers.

Analysis: Bitcoin Selling Pressure Nearing Exhaustion, Traders Eye $115,000 Pullback

According to Glassnode's latest report, Bitcoin is currently in a "healthy but fragile" consolidation phase, with slowing profitability and conservative investors. On-chain data suggests sellers may be nearing exhaustion; if sentiment continues to cool, BTC may enter a consolidation phase. Traders are watching the short-term support range of $115,000 to $120,000, with liquidity concentrated around $115,000.

Matrixport: Wall Street Crypto IPO Boom May Extend Bitcoin Bull Cycle

Matrixport released today's chart, stating that a key rationale for their bullish outlook on Bitcoin in 2025 is that as crypto companies prepare for IPOs, Wall Street investment banks are also inclined to keep Bitcoin at high levels to create a favorable market atmosphere for upcoming IPOs. This logic is gradually materializing: several companies, including Circle, have filed IPO applications, with new projects queuing up almost weekly. Meanwhile, shares of several crypto-related listed companies have surged, further boosting market sentiment: MicroStrategy up 47%, Coinbase up 67%, Robinhood up 180%, and Circle up 597%. Investors continue to profit, and market attention and participation in crypto company IPOs are rapidly heating up. This momentum may extend Bitcoin's current bull cycle.