Coincu Insights

Key Points: ZhongAn Online raises HK$3.92 billion through H shares.
Aimed at enhancing fintech, asset management sectors.
Boosted by new Hong Kong stablecoin regulation.
ZhongAn Online announced on July 5 the completion of a HK$3.92 billion share placement, involving 215 million new H shares

Key Points: Elon Musk launches poll for “American Party” proposal.
65% of 1.16 million voters support creation.
Immediate market impact on crypto assets is absent.
Elon Musk’s poll proposing the “American Party” attracted over 1.16 million participants on July 5th, with 65% voting “Yes” and 35%

Key Points: Stablecoin inquiry tops Douyin amidst $250 billion market surge.
USDC’s 1.87% dominance illustrates growing stability focus.
Regulators weigh yuan-based pilots in Hong Kong due to market growth.
On July 5, 2025, “What is stablecoin” became Douyin’s top trending topic, reflecting growin

Key Points: FTX creditors from 49 jurisdictions risk claim loss, impacting $825 million.
Chinese creditors face 82% of the impact.
Resolution period set at 45 days before claim voidance.
FTX creditors from 49 restricted jurisdictions, including China and Russia, could lose their claim rights

Key Points: Main event, leadership changes, market impact, financial shifts, or expert insights.
Trump signs contentious “Beautiful Bill”.
Divided opinions: tax cuts, debt rise, social aid reduction.
On July 4th, U.S. President Donald Trump signed the “Beautiful Bill,” marking a controversial shif

Key Points: President Trump signed a key fiscal bill, reallocating budget priorities.
The bill increases military spending and cuts social programs.
Projected deficit rise of $3.3 trillion prompts fiscal concerns.
President Donald Trump signed a major tax and spending bill into law on

Key Points: Lorenzo Bini Smaghi calls for European stablecoin adoption to combat U.S. dominance.
Europe risks marginalization in the digital financial ecosystem.
99% stablecoins USD-denominated, euro nearly absent.
Lorenzo Bini Smaghi, Chairman of Société Générale and former member of the European

Key Points:
Microsoft targets global scam by removing 3,000 fake accounts linked to North Korean IT workers.
DOJ seizes laptops, shuts websites in crackdown on DPRK-linked fraud targeting U.S. companies.
North Korean operatives used AI tools to fake identities and land high-paying remote tech

Key Points:
Ripple’s split 1B XRP unlock marks shift to flexible, strategic reserve management since March 2025.
700M XRP relocked, while 300M XRP funds ODL, ETFs, and other Ripple infrastructure projects.
XRP trades at $2.23 post-unlock, with analysts watching Ripple’s evolving token release st

Key Points: Hong Kong’s digital asset regulatory framework advances city as a key hub.
Offers transparent Bitcoin and Ethereum indices in Asia.
Stablecoin licensing regime supports investor protection and industry growth.
Hong Kong, on July 4th, announced the development of new digital asset regul

Key Points: Roman Storm faces court over money laundering charges in New York.
Trial represents pivotal moment for Ethereum’s privacy tools.
Community support grows, legal fund exceeds $750,000.
Roman Storm, co-founder of Tornado Cash, will stand trial in New York on July 14, facing serious charge

Key Points: Shanghai FTZ expands financial opening led by PBOC.
Improved financial integration with international standards.
Enhanced digital RMB application and trade finance reform.
Ji Min, head of the People’s Bank of China’s Research Bureau, announced a financial opening strategy for Shanghai’

Key Points: GENIUS Act delivered to President; CLARITY Act to Senate.
Focus on AI and cryptocurrency market growth.
Sacks and Trump push for U.S. global crypto leadership.
David Sacks announced that Cryptocurrency Week begins July 14 in the U.S. House of Representatives, delivering the GENIUS Act

Key Points: US stablecoin regulation may boost the digital asset market.
Industry growth could reach $15 trillion.
Key players advocate for innovation and clarity.
US stablecoin regulation could elevate the crypto market to $15 trillion, White House advisor predicts.
The potential passage of US s