BitGo二季度营收43.3亿美元，同比增长79.6%，但仍亏损1900万美元
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Analysts: Stablecoin market capitalization shrinks by over $3 billion per month, Bitcoin's rebound lacks "fuel" support.
PANews reported on July 8th that CryptoQuant analyst Axel Adler Jr. stated that since mid-May, the stablecoin market has shifted from a source of liquidity to a source of liquidity depletion. The 30-day average inflow into stablecoin exchanges has fallen from $3.2 billion to $2.65 billion, 31% lower than the annual average of $3.86 billion; the combined market capitalization of USDT and USDC is shrinking at a rate exceeding $3 billion per month. The analyst points out that Bitcoin's 21% drop since mid-May is a direct consequence of this "fuel" shortage. Currently, the market is losing liquidity on two levels simultaneously: fewer new stablecoins are flowing into exchanges, and the dollar base itself is contracting. Improvement requires a reversal of both indicators—the 30-day average inflow returning above the annual average, and the monthly change in market capitalization returning to positive territory.
Analysis: Bitcoin mining companies are shifting towards AI infrastructure, and their performance continues to outperform Bitcoin.
PANews reported on July 8th that, according to BIT analysis, AI-related stocks such as semiconductors and memory chips have recently undergone a round of valuation repricing, resulting in a slight price correction. However, Bitcoin mining companies have significantly outperformed Bitcoin. In fact, since the beginning of 2025, Bitcoin mining company stocks have risen by 167%, while Bitcoin has fallen by 35% over the same period. This divergence, which began in the third quarter, now appears to be more of a structural change than a short-term fluctuation. As mining companies gradually transform into AI infrastructure providers, the market is beginning to re-evaluate these companies using different valuation logics. If this round of correction in the AI sector stabilizes, some Bitcoin mining companies may still be worth watching.
Binance has completed the integration of the Solv Protocol (SOLV) into its ERC20 network and opened deposit and withdrawal services.
PANews reported on July 8 that Binance has completed the integration of Solv Protocol (SOLV) with the Ethereum (ERC20) network and has opened deposit and withdrawal services.
South Korean fintech company Toss is partnering with Optimism and Sunnyside Labs to explore stablecoins in the Korean won.
PANews reported on July 8th that, according to The Block, South Korean fintech company Toss is collaborating with Optimism and Sunnyside Labs to explore a won-denominated stablecoin. The three parties will conduct proof-of-concept trials in the coming months to test the application of OP Stack in compliant blockchain digital financial infrastructure.
Gemini launches zero-commission stock trading service for US users
According to Foresight News , Gemini is launching a zero-commission stock trading service for US users, with Nasdaq serving as the official provider of real-time market data and Apex Clearing Corporation, a wholly owned subsidiary of Apex Fintech Solutions Inc., acting as the custodian and clearing broker.
Bloomberg: Quantum computing puts approximately 34% of the existing Bitcoin supply at risk of being hacked.
PANews reported on July 7th, citing Bloomberg, that quantum computing is considered a new threat that could potentially crack the cryptographic algorithms of crypto assets such as Bitcoin. Quantum computers are expected to far surpass traditional computers in decrypting complex mathematical problems, and theoretically, could deduce private keys from public keys, thereby stealing on-chain assets. Wallets with early address formats and those that reuse addresses are at the highest risk. Galaxy Digital estimates that approximately 34% of circulating Bitcoin, worth about $470 billion, may become targets for future quantum attacks. Coinbase has established an advisory committee, and Strategy, where Michael Saylor works, has also launched a related risk project.