BNB breaks through the $700 mark

JUST IN: Bitcoin records highest weekly close in history.

1. Bitcoin's 14 year dormant whale transfers 20000 BTC, causing market volatility 2. The US House of Representatives will explore the framework of the crypto tax system, which may affect industry policies 3. Recently, companies in the Shanghai and Shenzhen stock markets have been frequently asked about their stablecoin layout, leading to a surge in market attention 4. Vitalik Buterin launches EIP-7983 proposal to enhance Ethereum's anti DoS capabilities 5. Michael Saylor may disclose data on Bitcoin holdings, with the market closely monitoring 6. This week, the net inflow of Ethereum spot ETF was 219.1 million US dollars, and institutional funds continued to increase 7. UAE denies issuing golden visas to digital currency investors 8. The minutes of the Federal Reserve meeting may maintain the expectation of no interest rate cuts in July, and the market is concerned about a possible adjustment in September The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/470651

BlockBeats News: On July 7th, Twitter co-founder Jack Dorsey launched the decentralized peer-to-peer chat application Bitchat, which runs on Bluetooth Low Energy (BLE) mesh networks, supports short-term encrypted message transmission, fully offline chat, and has the ability to communicate in anti censorship and disconnected environments. Messages can be transmitted through node relays, with a maximum distance of over 300 meters.

According to crypto journalist Eleanor Terrett, the Oversight Subcommittee of the U.S. House Ways and Means Committee will hold a hearing on Wednesday titled "Making America the Global Cryptocurrency Capital," with a focus on establishing a tax policy framework for digital assets in the 21st century.

According to WAM, the Federal Identity, Citizenship, Customs and Port Security Authority (ICP), Securities and Commodities Authority (SCA), and Virtual Asset Regulatory Authority (VARA) of the United Arab Emirates have jointly issued a statement denying reports circulating on certain websites and social media platforms that the UAE is granting golden visas to digital currency investors. ICP stated that the issuance of the Golden Visa is based on a clear and officially approved framework and standards, which do not include digital currency investors. Those who meet the criteria include real estate investors, outstanding talents, etc. SCA reiterates that there are specific regulations for regulating finance and digital currency investment according to international standards, which are unrelated to the Golden Visa. Investors are reminded to obtain information from official channels. VARA also denies that Dubai has issued golden visas to virtual asset investors, urging investors to only cooperate with regulated companies and clarifying that TON company is not licensed for regulation. The three parties urge the public to be cautious and refer to official channels for information. Yesterday, it was reported that Toncoin has partnered with the United Arab Emirates to provide a 10-year golden visa to TON stakers.