In the past 1 hour, the "main explosive multiple orders" have sold out $10.18 million across the entire network, with multiple orders selling out $9.93 million

US Senator Jeff Merkley stated on X platform that his proposed amendment to "End Corruption in the Cryptocurrency Sector" was not passed due to opposition from Republicans. The bill aims to prohibit elected officials from promoting cryptocurrency for improper gain. The bill was rejected with 46 votes in favor and 54 votes against. Merkley complained that "no elected official should be able to use cryptocurrency schemes to sell influence and enrich themselves.

According to The Block, on Tuesday, Paxos launched the stablecoin USDG, which is pegged to the US dollar and supported by a consortium including Robinhood, Kraken, Galaxy Digital, and Anchorage Digital, for users across the entire European Union. USDG is issued by Paxos in the European entity Paxos Issuaince Europe OY and is regulated by the Finnish Financial Supervisory Authority, following the framework of the EU's Cryptocurrency Market Regulation. Paxos will deposit a portion of its cash reserves with European banks and commit to a 1:1 redemption to comply with MiCA's asset reserve and audit requirements. Despite the tightening of EU cryptocurrency regulations, there has been a significant increase in demand for US dollar stablecoins in the market. Walter Hessert, the strategic director of Paxos, stated that the stablecoin issued by Paxos can be traded on platforms such as Kraken, Gate, CoinsPaid, and Zodia Custody, and circulated on the Ethereum, Ink, and Solana blockchains, providing a compliant US dollar stablecoin for 450 million EU residents.

According to the popularity ranking, H's popularity has decreased by 340000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① H （$0.04464，-0.45%） ② ARB （$0.3258，-10.12%） ③ SOL （$148.89，-0.84%） ④ ETH （$2456.42，-0.64%） ⑤ BSV （$23.43，-15.02%） H's main funds have strong buying power, with a net inflow of $33.6788 million in 24 hours and a transaction volume of $942 million in 24 hours, of which the main funds had a net inflow of $1.1347 million.

According to investing.com, NASDAQ listed Thumzup Media Corporation (NASDAQ: TZUP) announced on Monday that it has reached a final agreement with investors to conduct a $6.5 million registered direct issuance. According to the terms of the agreement, investors will subscribe for up to 1083333 ordinary shares at a price of $6.00 per share, including shares that can be issued upon conversion of Series C convertible preferred shares. Thumzup plans to use the proceeds for general corporate purposes and explore accumulating more cryptocurrency.

Foresight News reports that Australian cryptocurrency broker Swyftx is set to acquire digital asset brokerage firm Caleb&Brown, according to Decrypt. Sources say the deal is worth over AUD 100 million (approximately USD 65.8 million). Swyftx disclosed to employees last week that it expects to expand its business scope in the United States, where Caleb&Brown has established a customer base for high net worth cryptocurrency investors. Swyftx plans to expand Caleb&Brown's relationship manager team and position the merged group as an alternative option for institutional investors seeking customized, 24/7 support.