SEC has delayed the Solana ETF and opened a new public comment period for further review and feedback.
Fidelity must revise its ETF filing to include new language on staking and redemption as per SEC guidelines.
A second SEC document in progress may reduce ETF approval times from 200 days to

crypto market overview
- BTC (-1.70% | Current Price 107,600 USDT): U.S. President Trump announced a 25% tariff on South Korea and Japan, and a 40% tariff on Laos and Myanmar, causing further turbulence in the global financial market and the crypto market. Major cryptocurrencies like BTC experienced a decline. BTC dropped from 109,000 USDT all the way down to 107,000 USDT, but there was strong support at 107,000 USDT, preventing it from falling below that level. On July 7, BTC ETF had a net inflow of 216 million USD, BlackRock IBIT had a net inflow of 164 million USD, and Fidelity FBTC had a net inflow of 66 million USD.
- ETH (-2.08% | Current price 2,526 USDT): Affected by tariffs

As July 2025 unfolds, the crypto market appears to be stabilizing, with a total market cap hovering above $3 trillion—giving investors a sense of cautious optimism. While explosive moves may still be a few months away, smart capital is already rotating into high-conviction and promising low-cap

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In a defiant move, Ukraine strikes at crypto routes fueling Russia’s war machine. The war-torn European country has unleashed a dramatic wave of sanctions designed to choke off the digital

Elon Musk continues to shake up the American political scene by publicly attacking President Donald Trump for no one being prosecuted in the sex scandal involving Jeffrey Epstein.
In a post on platform X on the morning of July 7, ( American time ), Elon Musk - who was once a close ally but

According to Mars Finance news on July 8, data from CME "The Federal Reserve (FED) Watch" shows that the probability of the Federal Reserve maintaining the Intrerest Rate unchanged in July is 94.8%, while the probability of a 25 basis point rate cut is 5.2%. The probability of the Federal Reserve maintaining the Intrerest Rate unchanged in September is 35.9%, with a cumulative probability of a 25 basis point rate cut at 60.9%, and a cumulative probability of a 50 basis point rate cut at 3.2%.

The official supported Meme fair launch platform Juicy.Meme went online on July 7th, using the Bonding Curve mechanism for Token issuance. After the JU Token "graduates", DEX trading will open on JAMM TRADING, and a $2 million incentive fund will be established to support ecological development and community activity.

Aplus, linked with SBI Shinsei Bank Group, and SBI VC Trade have introduced cryptocurrency redemption options for Aplus Points, allowing users to exchange points for XRP, Bitcoin, and Ethereum, expanding reward possibilities.

Global money supply has recently seen a rare 9% annual growth, linking to past Bitcoin price surges. Charles Edwards notes this increase may hint at future price rises for BTC while observing significant transactions of long-held coins.

Author: Bian Wanli
The popularity of stablecoins remains high, with attention gradually shifting towards real-world application scenarios. Recently, there have been market reports that Yiwu has cases of accepting stablecoin payments for foreign trade goods, making it a focal point once again.
A research report by Huatai Securities shows that "in Yiwu, the world's small commodity center in China, stablecoins have become an important tool for cross-border payments. Blockchain analysis company Chainalysis estimates that in 2023, the on-chain stablecoin flow in the Yiwu market exceeded 10 billion USD." There are also posts online stating that "over 3,000 merchants in Yiwu already use USDT and other stablecoins for payments, with monthly transactions exceeding 1 billion USD, saving nearly 10 million RMB in fees directly!"
So, what is the real situation regarding the use of stablecoins in Yiwu?
To get to the bottom of the matter, a reporter from the 21st Century Business Herald conducted field research on the use of stablecoins in Yiwu.
When asked whether stable can be used