The cryptocurrency exchange Hotcoin announced an upgrade to its brand visual system, introducing a secure professional design, second-level candlestick features, and a Web3 wallet module, continuing to serve global users while maintaining a record of zero security incidents. The company also launched a futures trading campaign with a prize pool of 200,000 USDT and strengthened its international compliance layout.
According to BlockBeats news on August 1, Tether has surpassed South Korea to become the 18th largest holder of U.S. Treasury bonds, according to Messari data. Yesterday, Tether released its Q2 financial report indicating that its holdings of U.S. Treasury bonds exceeded $127 billion.
According to Gate News bot, the official announcement from Gate on July 31, 2025.
Gate has officially launched the NAORIS/USDT perpetual contract spot trading. This contract uses USDT for settlement and supports leverage trading of 1-20 times.
The trading parameters indicate that this contract supports both long and short positions, with a funding rate settlement frequency of once every 4 hours. Users can choose the specific leverage multiple when placing an order.
Bitcoin (BTC) has fallen approximately 2.10% in the past 24 hours, forming a bearish candlestick pattern, with the lower wick indicating limited buying support at lower levels. Technical Analysis shows that lower highs and lower lows confirm the downtrend, with selling pressure prevailing. On July 31, BTC ETF saw an outflow of $114 million, with IBIT inflowing $18.6 million and FBTC outflowing $53.6 million.
The transfer volume of USDT on major blockchains is gradually recovering, with a 30-day average reaching 5.29 billion USD. Tron is in the lead with a transfer volume of 23 billion USD, followed closely by BNB Chain and Ethereum. After May, BNB Chain surpassed Ethereum, accounting for more than 30%.
Whales/institutions have been active in the ETH market recently, selling 113,600 ETH for a profit of 73.96 million USD in July, and subsequently buying ETH again, transferring 173 million USDT to Wintermute, receiving 20,000 ETH, and currently holding 40,000 ETH at an average price of 3,121 USD.
The price of Bitcoin (BTC) has further retraced, currently reported at around 114,950 USD during the Asian session today (1). Before the deadline, U.S. President Trump announced to maintain a 10% global minimum tariff, determining that the tariff rates for several trade partners range from 10% to 41%. The U.S. Securities and Exchange Commission (SEC) launched the "encryption plan" to rewrite digital asset regulations. Strategy announced a plan to issue 4.2 billion USD in STRC stocks, which will be used for Bitcoin acquisition and more.