ETH falls below the $2950 mark

According to the weekly report on cryptocurrency holdings released by CME, BTC holdings reached 29591, an increase of 0.69% compared to the previous period; ETH holdings of 25914, an increase of 6.58% compared to the previous period.

JUST IN: 🇺🇸 US Director of Digital Assets says "huge week ahead… time to make America the crypto capital of the world."

On July 12th, according to Bloomberg citing three informed sources, Binance helped WLFI create (write basic code), promote USD1 stablecoin, and played a role in its largest transaction before CZ sought amnesty. CZ stated that Bloomberg's article was sponsored by a competitor and contained multiple factual errors.

Odaily Planet Daily News: CZ posted on X platform, saying: "Bloomberg just published another offensive article (sponsored by a competitor), which contains so many factual errors that I don't even know where to start. They may have to be sued again for defamation. ” Previously reported by Bloomberg（ https://www. (bloomberg.com)/news/features/2025-07-11/trump-s-crypto-link-with-binance-raises-conflict-of-interest-questions）， Binance once wrote smart contract code for the stablecoin USD1 of World Liberty Financial, a subsidiary of the Trump family, and assisted in promoting and participating in its largest transaction (the UAE fund MGX used USD1 to purchase $2 billion worth of Binance shares). At present, over 90% of the issued USD1 is still stored in Binance Wallet, and the related interest income may bring about $30 million annually to the Trump family. This news has raised concerns about potential conflicts of interest between President Trump and CZ regarding a 'pardon exchange'.

BlockBeats News: On July 12th, according to official sources, Arkham Exchange will launch trading of PUMP spot and perpetual contracts. After the completion of the PUMP ICO, the transaction will be officially launched.