Odaily Planet Daily News: The Bank for International Settlements (BIS) has issued a statement warning that the rapid expansion of stablecoins is bringing new policy challenges to financial regulatory agencies. The report points out that since 2023, the total value of the stablecoin market has doubled to approximately $255 billion, with over 90% concentrated on two types of dollar pegged tokens. BIS believes that the growth of stablecoins in circulation and integration with traditional finance may threaten the monetary sovereignty of major markets and require stricter regulatory scrutiny. (Bloomberg)
According to BlockBeats, on July 12th, according to Lookonchain monitoring, a whale deposited a total of 20.5 million USDC into multiple addresses on Hyperliquid to establish a "basket" of short positions, including ETH, BTC, SOL, HYPE, DOGE, and FARTCOIN.
Odaily Planet Daily News: According to LookonChain monitoring, after directly buying 10000 ETH (worth $25.7 million) from the Ethereum Foundation, SharpLink bought 21487 ETH (worth $64.26 million) through OTC and Coinbase Prime early this morning.
According to a report by Golden Finance, as monitored by Lookonchain, SharpLink Gaming (stock code: SBET), a Nasdaq listed company, purchased 21487 ETH worth approximately $64.26 million through over-the-counter (OTC) trading and Coinbase Prime platform in the past 4 hours. Previously, SharpLink directly purchased 10000 ETH worth approximately $25.72 million from the Ethereum fund.
BlockBeats reported that on July 12th, according to Farside Investors monitoring, the REX Osprey Solana spot ETF had a net inflow of $10.7 million yesterday.
At present, the ETF has accumulated a net inflow of 69.7 million US dollars.
