Daily Report | CoinShares report shows that last week Ethereum drove global inflows to a new record of $4.39 billion; Derin Holdings plans to invest HKD 60 million in Fulong Consulting to enter the stablecoin market
July 21 News Overview整理：Jerry，ChainCatcher
Important News:
- Morocco's central bank completes draft law on crypto assets
- Binance Alpha will launch Alliance Games (COA) on July 23
- CoinShares: Last week, Ethereum drove global inflows to a new record of $4.39 billion
- Ping An of China: Actively researching regulatory changes in the Hong Kong stablecoin market
- Binance: Trusta AI (TA) airdrop threshold is 210 points
- Bank of America Merrill Lynch: Stablecoins will have a disruptive impact on traditional bank deposits and payment systems
- Binance will remove seed labels for BONK, EIGEN, ETHFI, PENGU, and PEPE on July 21
- Delin Holdings plans to invest HKD 60 million in Fulong Consulting to enter the stablecoin market
- Binance Wallet will launch exclusive Booster event for Treehouse (TREE)
"What important events happened in the past 24 hours"
Morocco's central bank completes draft law on crypto assets
According to Zhitong Finance, the governor of Morocco's central bank stated at the African central bank meeting in Rabat that Morocco has finalized a draft law that will legalize the use of crypto assets. The law ensures "adequate protection for consumers and investors, enhances market integrity, combats fraud, manipulation, money laundering, and terrorist financing, and maintains financial stability."
Binance Alpha will launch Alliance Games (COA) on July 23
According to the official announcement, Binance Alpha will be the first to launch Alliance Games (COA) on July 23.
Eligible users can claim airdrops using Binance Alpha points on the Alpha event page after trading opens. More details will be announced soon.
CoinShares: Last week, Ethereum drove global inflows to a new record of $4.39 billion
CoinShares released its latest weekly report showing that weekly inflows into digital asset products reached a historic high of $4.39 billion, bringing year-to-date inflows to $27 billion and pushing assets under management to a record $220 billion.
Ethereum set several important new records, with inflows for 2025 now exceeding the total for 2024, reaching $6.2 billion, and weekly inflows nearly double that of any other recorded week, reaching $2.12 billion.
The United States accounted for the vast majority of the inflows ($4.36 billion), while global ETP trading volume set a record of $39.2 billion, driven by Bitcoin and Ethereum.
Ping An of China: Actively researching regulatory changes in the Hong Kong stablecoin market
Ping An of China stated on its interactive platform that the company is aware of the regulatory changes related to stablecoins in the Hong Kong market. Ping An has a strong foundation in blockchain technology and is maintaining a high level of attention and actively researching.
Binance: Trusta AI (TA) airdrop threshold is 210 points
According to the official announcement, Binance is the first platform to launch Trusta AI (TA):
- Alpha trading opens: July 21, 2025, 15:00 (UTC+8).
- Contract trading opens: July 21, 2025, 15:30 (UTC+8).
After trading begins, users holding at least 210 Binance Alpha points can claim airdrops of 750 TA tokens. It is first-come, first-served until the airdrop pool is exhausted or the event ends.
Please note that claiming the airdrop will consume 15 Binance Alpha points. Users must confirm their claim on the Alpha event page within 24 hours, or it will be considered a waiver of the airdrop.
Bank of America Merrill Lynch's latest research report indicates that as the U.S. stablecoin regulatory framework gradually takes shape, stablecoins will have a disruptive impact on traditional bank deposits and payment systems in the next 2-3 years. The U.S. President has signed the GENIUS Act, establishing a preliminary framework for stablecoin regulation.
In the short term, the stablecoin market is expected to grow by $25-75 billion, boosting demand for U.S. short-term government bonds. While major banks are cautious about domestic payment applications, they generally believe that cross-border payments are a feasible scenario and have begun to lay out related businesses, including JPMorgan's deposit tokens and BNY Mellon's custody services.
Binance will remove seed labels for BONK, EIGEN, ETHFI, PENGU, and PEPE on July 21
According to the official announcement, Binance will remove seed labels for BONK, EIGEN, ETHFI, PENGU, and PEPE on July 21.
Seed labels apply to innovative project tokens, which may have higher volatility and risk compared to other listed tokens.
Delin Holdings plans to invest HKD 60 million in Fulong Consulting to enter the stablecoin market
According to the Securities Times, Delin Holdings has signed a non-binding term sheet with Hong Kong technology company Fulong Consulting Limited, planning to conduct strategic cooperation and share swaps. Delin Holdings will invest HKD 60 million in Fulong, aiming to enter the high-growth stablecoin market.
Fulong will apply for a stablecoin license in Hong Kong and, upon approval, will work with Delin Holdings to promote the application and business cooperation of stablecoins. Both parties will collaborate to develop business opportunities, with Fulong leveraging its merchant and user network to support products and promote investor relations in conjunction with Delin Holdings and its subsidiary platforms (such as Delin Securities and Synapse Technology).
Binance Wallet will launch exclusive Booster event for Treehouse (TREE)
According to the official announcement, Binance Wallet will launch an exclusive Booster event for Treehouse (TREE).
Event time: July 22, 2025, 08:00:00 to July 29, 2025, 07:59:59 (UTC+8)
Total rewards: $750,000 worth of TREE tokens
Reward distribution: 2.5 million TREE will be distributed on the day of the token generation event, and the remaining tokens will be distributed on the second day of trading.
Participation conditions: Participants must hold a Binance-backed non-custodial wallet; there are no Binance Alpha points requirements for this event.
Event 1: Stake at least 0.01 ETH into the Simple Yield Treehouse ETH pool to share $200,000 worth of TREE tokens.
During the event, eligible users who stake at least 0.01 ETH into the Binance Wallet Simple Yield Treehouse ETH pool will share $200,000 worth of TREE.
Event 2: Stake at least 0.01 ETH into the Simple Yield Treehouse ETH pool to share $550,000 worth of TREE tokens.
During the event, all eligible users who stake at least 0.01 ETH into the Binance Wallet Simple Yield Treehouse ETH pool will share the annualized yield enhancement rewards of $550,000 worth of TREE tokens, with a daily prize pool of $78,571 worth of TREE.
"What are the noteworthy articles to read in the past 24 hours"
Stablecoins breaking the mold: In-depth analysis of 12 countries' stablecoin regulatory policies
This article will systematically review the latest developments in stablecoin regulation across various countries, analyzing the underlying logic and strategic implications of this financial transformation.
The founder of Solana discusses the evolution of crypto, the hegemony of stablecoins, and breakthroughs in hardware.
a16z: Does the CLARITY Act herald a "golden age" of crypto compliance innovation?
With the signing of the GENIUS Act into law, our demand for the CLARITY Act is becoming increasingly urgent.
2025 Q2 Asia Crypto Dynamics Summary: Regulation stabilizes, corporate investment increases
The Asian Web3 market is experiencing a critical turning point in Q2 2025, shifting from the policy framework laid out in Q1 to substantive market activities and capital deployment, with countries showing differentiated development paths.
Stablecoin regulation and the GENIUS Act: The necessity of formal verification
As Web3 applications develop, stablecoins have become a focal point for central banks and institutions, with the potential to reshape global payment and financial infrastructure. Formal verification, as a technical means, can effectively help stablecoin projects meet regulatory requirements, including those of the GENIUS Act, and build a more reliable contract system.
Conflux token price doubles in a day; are they participating in the offshore RMB stablecoin pilot?
Conflux plans to participate in the offshore RMB stablecoin issuance pilot under the Belt and Road Initiative.
With the GENIUS Act in place, how should we view stablecoins moving towards mainstream finance?
Stablecoins, expanding under policy, are no longer just a pure "Web3" narrative.
Meme Popularity Rankings
According to the meme token tracking and analysis platform GMGN, as of July 21, 19:50:
The top five popular Ethereum tokens in the past 24 hours are: JARVIS, ROSE, SPX, TANUKI, TEDDY
The top five popular Solana tokens in the past 24 hours are: $GREMLY, FUCK SHAR, Finale., Michelin, Bonk
The top five popular Base tokens in the past 24 hours are: ZORB, ZORA, SCAN, VIRTUAL, SLAP
Risk warning
Risk warning
Popular articles
