Market Overview - The cryptocurrency market experienced a significant pullback, with the SocialFi sector leading the decline at 4.02% [1] - Bitcoin (BTC) briefly surpassed $109,000 but closed down 1.40% at $107,000, while Ethereum (ETH) retreated to around $2,500 [1] - Other sectors such as PayFi, CeFi, and Layer1 also saw declines of over 1%, with meme coins suffering the most, including SPX6900 and Fartcoin, which dropped over 8% in a single day [3] Factors Behind the Pullback - The pullback is attributed to several factors: 1. Technical adjustments following Bitcoin's rapid rise, necessitating profit-taking to avoid excessive bubble formation [3] 2. Concerns over quantum computing threats, particularly with Google's new quantum chip "Willow," raising alarms about the security of crypto algorithms [3] 3. Institutional behavior, including short-selling of MicroStrategy stock and Microsoft's withdrawal from a Bitcoin investment proposal, which intensified market volatility [3] XBIT Decentralized Exchange - XBIT decentralized exchange is positioned to thrive amid the market downturn due to three core advantages: 1. Security measures include multi-signature technology and a distributed cold wallet network, allowing users to control their private keys and mitigate risks associated with centralized exchanges [6] 2. Innovative trading mechanisms such as dynamic liquidity pools that reduce meme coin trading slippage to 0.1%, addressing high-frequency trading challenges [6] 3. Community engagement through initiatives like "meme staking" that offers up to 215% liquidity rewards, along with regular online seminars and offline meetups to enhance user loyalty [6] Long-term Outlook - Despite current market caution, indicators suggest a positive long-term trend: - Stablecoin trading volume accounts for 45%, and DeFi protocol locked value exceeds $120 billion, indicating application-driven growth [6] - Regulatory support is emerging with China's digital currency law draft and the EU's MiCA framework paving the way for compliant development [6] - Technological advancements in cross-chain technology and integration of AI with IoT are facilitating automated trading between devices [6] Future Projections - By 2030, the global digital currency transaction volume for IoT devices is expected to reach $500 billion [8] - XBIT's low slippage, high security, and community-driven model may establish it as a new safe haven for meme coin trading [8] - The decentralized exchange's resilience against market fluctuations and user empowerment is anticipated to redefine the value ecosystem of meme coin trading [8]

Core Insights - The U.S. cryptocurrency market is experiencing significant dynamics, including institutional interest in spot ETFs, accelerated tokenization of real-world assets (RWA), and increased market risk aversion due to policy changes [1][3]. Group 1: Institutional Investment Trends - The U.S. spot Bitcoin ETF saw a net inflow of $216.29 million, indicating a steady trend of institutional capital entering the market [3]. - The proportion of Bitcoin transfers labeled as "institutional wallets" increased from 15% to 28% over the past 30 days, reflecting a structural shift in institutional investment strategies [3]. Group 2: RWA Tokenization Developments - The total value locked (TVL) in the Aptos network for RWA increased by 56.28% to $538 million, with U.S. Treasury bonds accounting for $86.93 million [5]. - BioSig's merger with Streamex aims to raise $1.1 billion to advance RWA tokenization, particularly in commodities like gold [5]. Group 3: XBIT's Role and Market Outlook - XBIT's decentralized platform aligns with institutional needs for asset security during policy fluctuations, as users maintain control over their private keys [3][7]. - The demand for compliant RWA tokenized products is surging, with XBIT facilitating this through its transparent and censorship-resistant trading mechanisms [5][7]. - The ongoing transformation of the cryptocurrency market towards institutionalization, compliance, and practicality highlights XBIT's increasing value as a decentralized trading infrastructure [7].

A股三大指数今日集体上涨，截至收盘，沪指涨0.7%，深成指涨1.46%，创业板指涨2.39%，北证50指数 涨1.36%。全市场成交额14746亿元，较上日放量2476亿元。全市场超4200只个股上涨。板块题材上， 光伏、算力硬件、游戏、医疗服务、钢铁、数字货币概念股涨幅居前；中船系、银行、电力板块表现落 后。盘面上，光伏设备板块集体大涨，首航新能（301658）、亿晶光电（600537）、欧晶科技 （001269）等近10股涨停。铜缆高速连接、CPO、PCB等算力硬件股全线爆发，得润电子（002055）、 新亚电子（605277）、广合科技（001389）等多股涨停。数字货币概念股午后震荡走高，中油资本 （000617）直线涨停，高伟达（300465）、科蓝软件（300663）跟涨。钢铁板块震荡走高，柳钢股份 （601003）、杭钢股份（600126）、金岭矿业（000655）涨停。银行板块今日多数调整，浦发银行、南 京银行、上海银行（601229）等纷纷下挫。电力板块部分走低，西昌电力（600505）、九洲集团 （300040）、江苏新能（603693）领跌。 ...

币界网7月6日讯，在当下复杂的国际金融环境里，XBIT去中心化交易所平台作为web3交易所的重要一 员，凭借其依托区块链技术构建的交易体系，为币圈投资者提供了安全且高效的交易环境。而美元正面 临夏季关键的外汇挑战，其走向与关税引发的通胀预期紧密相关，这一不确定性也让加密货币市场随之 起伏，比特币等数字货币价格波动明显。无论是经验丰富的老投资者，还是刚踏入币圈的新手，都在密 切关注着市场的每一个细微变化，试图从中找到合适的投资机会。 近期，美元在上半年出现了大幅贬值。这一现象背后，是经济与政策的不确定性以及全球外汇格局的新 变化，使得美元成为美国风险溢价的主要承载者。市场对于美联储的政策走向高度关注，核心在于关税 是否会推动通胀持续上升。要知道，通胀的走向直接关系到美联储的利率政策，如果通胀持续高企，美 联储可能会推迟甚至放弃降息；反之，如果通胀得到有效控制，降息则有可能提上日程。截至目前，通 胀的不确定性让美联储暂停了降息计划，但随着夏季相关数据的发布，这一局面有望逐渐清晰。众多投 资者都在翘首以盼这些数据的公布，因为这将在很大程度上决定他们接下来的投资策略。 币界网报道，美银策略师认为，美元的疲软态势还受到 ...

英大证券研究所证券研究报告 2025 年 7 月 8 日 短期震荡蓄势不改中期向好格局 分析师：惠祥凤 执业证书编号：S0990513100001 电话：0755-83007028 邮箱：huixf@ydzq.sgcc.com.cn 观点： 总量视角 【A 股大势研判】 周一沪指相对强势，但创业板以及深成指的回落下，三大指数分化明显，表 明市场震荡格局依旧。盘面上看，电力、房地产等板块一度表现下，支撑沪指保 持相对强势，不过，题材股整体疲软下，深成指以及创业板指全天走低。两市成 交额萎缩至 1.2 万亿。 我们认为，在政策持续发力（如稳增长、产业支持等）和经济基本面逐步修 复的大背景下，当前的震荡更应视为蓄势而非滞涨，是为后续方向选择积蓄能量。 一方面，国经济复苏态势逐步显现，但修复力度仍不够强劲，企业盈利改善的幅 度也未达预期。不过，随着政策持续发力下，经济回升以及企业盈利回升值得期 待；另一方面，海外美联储三季度降息预期增强，国内继续宽松也值得期待。 综上所述，目前基本面和流动性这两大关键因素还未能形成有力支撑的情况 下，集中发力推动市场全面上涨的概率较低，震荡上行的概率较大，结构性行情 为主。目光稍微长 ...

Core Viewpoint - The implementation of Hong Kong's Stablecoin Regulation on August 1 is expected to transform the financial system, enhancing cross-border remittance efficiency and reducing reliance on traditional banking systems like SWIFT [1][3]. Group 1: Stablecoin Overview - Stablecoins are a type of cryptocurrency whose value is pegged to fiat currencies or commodities, making them less volatile compared to other cryptocurrencies [3]. - The global legislative interest in stablecoins is rising, with various countries, including the US and UK, advancing their own regulations [3]. Group 2: Advantages of Stablecoins - Stablecoins can mitigate geopolitical risks by providing a stable value without the need for traditional banking transactions, potentially serving as an alternative to SWIFT for cross-border transactions [3][5]. - Transactions using stablecoins are faster and cheaper compared to traditional banking systems, with blockchain technology enabling transaction confirmations in about one minute, significantly reducing settlement times and costs [6]. Group 3: Market Implications - The clarity in stablecoin regulations has led to increased interest in related stocks in both US and Hong Kong markets, with a list of companies involved in stablecoin issuance and technology emerging [7]. - Major companies like Circle, Coinbase, and PayPal are actively involved in the stablecoin space, indicating a growing market presence [7]. Group 4: Impact on the Renminbi - The development of stablecoins could bolster the international status of the Renminbi, with Hong Kong potentially serving as a testing ground for Renminbi-linked stablecoins [8][10]. - Recent data shows that the Renminbi's share in bilateral trade settlements has reached over 30%, suggesting a growing acceptance that could be further enhanced by stablecoin initiatives [10]. Group 5: Challenges and Considerations - Despite the potential benefits, the international recognition of the Renminbi still depends on its inherent attractiveness, which is currently challenged by concerns over China's debt levels and economic stability [10]. - Structural reforms and easing of currency controls are necessary to enhance the appeal of Renminbi assets in the global market [10].

登录新浪财经APP 搜索【信披】查看更多考评等级 中经记者 郝亚娟 张漫游 上海、北京报道 知名数字经济学者、工信部信息通信经济专家委员会委员盘和林告诉《中国经营报》记者，首先，这类 骗局通过稳定币销售的幌子做局，打造杀猪盘，诱骗投资人，尤其是那些对稳定币一知半解的投资人； 其次，以线上卖课的方式，通过引流手段诱骗消费者购买高价课程牟利；再次，通过稳定币为幌子，将 一些无价值或低价值资产打包成代币方式，以低价购入资产，以高价卖给投资人；最后，忽悠投资人去 海外跨境开户，以炒稳定币的名头。 上海新金融研究院副院长、上海交通大学中国金融研究院副院长刘晓春指出，我国对加密货币的监管主 要集中在两个方面：一是禁止在中国境内进行加密货币交易；二是禁止银行为加密货币交易提供结算服 务。 "美国、中国香港近期陆续出台了监管条例，比如稳定币相关法规。以中国香港为例，要求发行稳定币 的企业必须取得牌照，并在香港设立实体办公地点；即便是在境外发行与港币挂钩的稳定币，也要受香 港监管。美国亦是如此，凡是发行与美元挂钩的稳定币，即便在海外，也不能面向美国公民或公司，否 则构成违法。"刘晓春说。 5月21日，中国香港《稳定币条例草案》 ...

金十图示：2025年07月08日（周二）全网加密货币实时爆仓数据 238.80元美元 238.33万美元 203.95万美元 ~1709.93元元 ~1713.32万元 ~1463.27万元 ▸交易所爆仓信息(4小时) | 交易所 | 爆仓金额 (美元) | 多单爆仓 (美元) | 空单爆仓 (美元) | 多空占比 | | --- | --- | --- | --- | --- | | Binance | 995.02万 | 852.69万 | 142.33万 | 85.7%做多 | | Bybit | 634.14万 | 532.74万 | 101.39万 | 84.01%做多 | | OKX | 292.24万 | 275.31万 | 16.93万 | 94.21%做多 | @ JIN10.COM 金十数据 |一个交易工具 ...

7月7日，A股市场震荡调整，上证指数尾盘翻红，收涨0.02%报3473.13点。A股全市场超3200只个股上 涨，全日成交1.23万亿元。从板块来看，电力、电网股逆势爆发，稳定币概念股再度活跃。 稳定币的市场热度持续走高，也让多个监管部门和国际金融组织对其发出风险提示。香港特区政府财经 事务及库务局局长许正宇最新发言表示，香港批出的稳定币牌照数会是"个位数"，目标今年内可发出牌 照。 香港批出的稳定币牌照会是个位数 Wind数据显示，7月7日，稳定币指数收盘上涨3.24%，海联金汇、京北方涨停，恒宝股份、拉卡拉等涨 幅居前。 消息面上，据央视新闻报道，香港《稳定币条例》8月生效，香港特区政府财经事务及库务局局长许正 宇7日表示，香港金管局目前就落实条例指引咨询市场，该指引本月内公布，具体内容将涉及反洗钱及 其他相关要求。 许正宇亦表明批出的稳定币牌照数目会是个位数，盼于条例生效后能够收到申请，目标今年内可发出牌 照。至于有金融机构取得牌照后，是否能够发行与人民币挂钩的稳定币，他说若牵涉其他司法权区的货 币，则要与相关机构讨论。 事实上，近期多个监管部门和国际金融组织对稳定币引发的市场热潮进行风险提示。香港金融 ...

美股三大指数集体低开 特斯拉跌超7% 智通财经7月7日电，美股三大指数集体低开，道指跌0.17%，纳指跌0.46%，标普500指数跌0.3%。特斯 拉跌超7%，此前马斯克宣布"美国党"成立；部分加密货币概念股冲高，Bit Digital涨超12%，SharpLink Gaming涨超5%，Circle涨超2%。 ...